1. People's Republic of China Stocks

  2. •

    Energy

  3. •

    Oil & Gas Equipment & Services
China Oilfield Services Limited

China Oilfield Services Limited

2883.HK
China Oilfield Services LimitedHK flagHong Kong Stock Exchange
6.48
HKD
-0.05
- -
54.53BMarket Cap
China Oilfield Services Limited
2883.HK
(Hong Kong Stock Exchange)

Recent

price

6.48

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.02
4.21
5.01
6.2
7.07
5.07
3.18
3.69
4.59
6.53
6.07
6.12
7.47
9.24
10.12
10.54
10.29
Revenue per Share
0.92
0.9
1.01
1.49
1.57
0.23
-2.4
0.01
0.01
0.52
0.57
0.07
0.49
0.63
0.66
0.81
0.74
Basic EPS, GAAP
0.76
0.39
1.13
- -
0.06
0.15
0.12
0.5
0.35
0.83
0.7
0.77
0.58
0.76
1.04
1.13
-1.27
Free Cash Flow per Basic Share
0.31
0.29
0.3
0.46
0.56
0.61
0.25
0.28
0.27
0.3
0.35
0.34
0.36
0.4
0.36
0.36
0.39
Dividend per Share
3.57
4.2
4.91
6.1
6.96
6.85
4.24
4.21
4.14
4.6
5.01
4.9
5.26
5.73
6.18
6.76
6.36
Book Value per Share
4.62
5.31
6.11
7.27
8.97
9.2
7.31
7.2
7.16
7.62
8
7.88
8.23
8.73
9.19
9.77
9.41
Tangible Book Value per Share
4,487
4,488
4,514
4,507
4,772
4,669
4,772
4,752
4,784
4,772
4,772
4,774
4,772
4,772
4,772
4,772
4,772
Basic Weighted Avg Shares
18,060
18,906
22,629
27,958
33,720
23,654
15,152
17,516
21,946
31,135
28,959
29,203
35,659
44,109
48,302
50,282
49,093
Sales/Revenue/Turnover
29.87
26.64
24.7
26.97
26.03
13.66
-18.48
8
5.02
14.05
18.64
11.33
7.82
11.14
10.72
12.44
11.01
Operating Margin (%)
2,651
2,746
2,973
3,109
3,504
3,839
4,034
4,100
3,878
4,575
4,185
4,000
4,171
4,541
5,131
5,698
- -
Depreciation Expense
4,128
4,039
4,559
6,716
7,492
1,074
-11,456
43
71
2,502
2,703
313
2,359
3,013
3,137
3,842
3,508
Net Income, GAAP
14.61
16.05
15.95
10.55
11.76
20.6
- -
76.36
87.45
27.19
19.55
70.44
16.18
22.63
27.17
20.61
22.03
Effective Tax Rate (%)
22.86
21.37
20.15
24.02
22.22
4.54
-75.61
0.24
0.32
8.04
9.33
1.07
6.61
6.83
6.49
7.64
7.15
Profit Margin (%)
5,098
6,291
14,244
9,047
9,441
6,343
4,836
7,755
4,251
3,201
9,447
3,273
6,818
6,905
-937
1,679
-1,519
Working Capital
28,591
26,484
31,710
27,027
23,320
23,873
27,337
25,905
22,946
18,677
20,013
12,729
14,957
15,731
7,573
6,726
5,949
LT Debt
25,590
28,459
32,205
37,260
47,322
46,829
35,296
34,682
34,672
36,910
38,689
38,216
39,976
42,256
44,425
47,151
45,429
Total Equity
8.46
7.56
7.68
10.04
10.81
3.28
- -
0.51
0.22
5.14
7.05
1.6
3.92
6.25
6.17
8.15
6.68
Return on Invested Capital (%)
10.43
9.53
9.7
12.76
13.43
2.48
- -
0.51
0.38
6.62
6.93
1.13
6.02
7.17
7.02
8.45
7.62
Return on Capital (%)
28.58
23.16
22.21
27.04
24.68
3.29
-43.87
0.21
0.36
11.98
11.79
1.32
9.73
11.49
11.04
12.45
12.03
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
10,330
10,446
12,801
LT Borrowings
6,817
6,827
4,904
LT Finance Leases
756
896
1,045
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,772
4,772
4,772
Market Capitalization
31,558
28,533
28,047

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
28,666
29,791
30,138
Cash, Cash Equivalents & STI
11,475
7,870
7,221
Accounts Receivable, Net
14,063
18,096
19,469
Inventories
2,296
2,585
2,453
Total Current Liabilities
29,603
29,098
31,657
Payables & Accruals
- -
- -
- -
ST Debt
10,330
10,446
12,801
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.52%
4.07%
6.14%
Free Cash Flow
44.27%
12.31%
8.31%
Net Income, GAAP
285.96%
123.81%
22.47%
Sales/Revenue/Turnover
10.01%
12.05%
4.1%
Total Cash Common Dividend
-1.81%
0.81%
0.37%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
10,148
12,381
11,133
14,640
48,302
2025
10,798
12,523
15,429
- -
50,282
2026
11,296
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
- -
- -
- -
0.66
2025
0.19
- -
- -
- -
0.81
2026
0.18
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
- -
- -
- -
0.36
2025
0.02
- -
- -
- -
0.36
2026
0.01
- -
- -
- -
- -
Similar Companies
HMH Holding Inc. Class A Common Stock (HMH)
PT Radiant Utama Interinsco Tbk (RUIS.JK)
PT Ratu Prabu Energi Tbk (ARTI.JK)
Halliburton Company (0R23.L)
Mattr Corp. (MATR.TO)
Dalipal Holdings Limited (1921.HK)
Business
China Oilfield Services Limited, along with its affiliated entities, delivers comprehensive offshore oilfield solutions across China and to clients globally. The enterprise organizes its operations into four principal divisions: Drilling Services, Well Services, Marine Support Services, and Geophysical Acquisition and Surveying. The Drilling Services segment encompasses both offshore and onshore drilling operations, providing services for jack-up rigs, semi-submersible rigs, modular rigs, and land drilling rigs, alongside casing, tubing, and pipe inspection and repair. This division manages a substantial fleet, including 27 jack-up drilling rigs, 5 semi-submersible drilling rigs, 4 modular rigs, and 6 land drilling rigs, among others. The Well Services division offers a variety of specialized support for wells, covering logging, drilling and completion fluids, directional drilling, cementing, well completion, workover, stimulation, and production optimization for both onshore and offshore sites. The Marine Support Services segment facilitates anchor handling, towing for drilling rigs and engineering barges, oil transport, offshore logistics, standby support, firefighting, rescue, and oil spill assistance. It operates a diverse fleet of over 60 specialized vessels, including anchor-handling tug/supply vessels, platform supply vessels, multi-purpose vessels, barges, and shuttle tankers. The Geophysical Acquisition and Surveying Services segment undertakes marine seismic data collection, offshore geological surveying, seismic data processing and interpretation, and underwater engineering activities. This segment deploys dedicated seismic and engineering surveying vessels for its operations. Headquartered in Sanhe, China, the company is a subsidiary of China National Offshore Oil Corporation. COSL has expanded its international footprint significantly, securing contracts and pursuing opportunities in regions such as Southeast Asia, the Middle East, Africa, Europe, and the Americas. Recent achievements include robust financial performance in Q3 2025, with revenues reaching $11.53 billion, and substantial growth in overseas technical contracts. The company also actively invests in technological advancement and sustainable practices, aiming for a 25% reduction in carbon emissions by 2030 and net-zero emissions by 2030.