TipRanks
Go Ultimate55% OFF

Sinopec Oilfield Service (1033) AI Stock Analysis

HK:1033

Sinopec Oilfield Service

(HKEX:1033)

Select Model
Rating:52Neutral
Price Target:HKD 0.64â–²(0.95% Upside)
Action:reiterated
Date:11/01/26

The score is held up by improving TTM operational and free-cash-flow performance, but capped by high balance-sheet leverage and very thin profitability. Technical signals are mixed-to-weak with negative MACD and price below key longer-term averages, and valuation is pressured by a high P/E with no dividend yield data.

Positive Factors
TTM Revenue ReboundThe sharp TTM revenue rebound indicates stronger activity or project execution across the service base. If sustained, higher scale can support utilization and overhead absorption, improve operating leverage, and provide a more durable earnings foundation despite cyclical demand.
Negative Factors
Very Thin Profit MarginsGross margin of about 8.2% and net margin of about 0.8% leave little room for execution errors, pricing pressure, or cost increases. This thin earnings buffer can make returns volatile and limit internally funded investment even when revenue grows.

Sinopec Oilfield Service (1033) vs. iShares MSCI Hong Kong ETF (EWH)

-50%-25%0%25%50%75%100%HK:1033-18.18%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 1.58B
Dividend Yield
―
Average Volume (3M)
22.02M
Price to Earnings (P/E)
56.5
Beta (1Y)
0.65
Revenue Growth
3.31%
EPS Growth
18.03%
Country
Hong Kong
Employees
60,162
Sector
Energy
Sector Strength
65
Industry
Oil & Gas Drilling

Sinopec Oilfield Service Business Overview & Revenue Model

Company Description

Sinopec Oilfield Service Corporation delivers a comprehensive suite of engineering and technological services to the petroleum sector. Its diverse operations are structured into six principal divisions: The Geophysics division specializes in both lan...

How the Company Makes Money

Sinopec Oilfield Service primarily makes money by providing oilfield and engineering services under service contracts and project-based engagements to oil and gas operators, with a significant portion of business historically coming from Sinopec’s up...

Sinopec Oilfield Service Financial Statement Overview

Summary

Improving operating momentum with a sharp TTM revenue rebound and materially stronger operating/free cash flow. Offsetting this, profitability remains very thin (net margin ~0.8%) and balance-sheet leverage is high (~3.0x debt-to-equity), which elevates cyclical risk and reduces flexibility.

Income Statement

62Positive

Balance Sheet

44Neutral

Cash Flow

67Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue100.45B80.71B81.10B79.98B73.77B69.53B
Gross Profit8.37B6.55B6.33B5.79B5.77B5.01B
EBITDA9.82B5.66B5.72B5.52B5.17B4.75B
Net Income1.14B658.84M631.61M589.22M475.90M179.79M
Balance Sheet
Total Assets78.87B77.25B77.34B75.16B71.20B64.05B
Cash, Cash Equivalents and Short-Term Investments5.17B5.01B3.65B2.82B1.84B2.51B
Total Debt30.67B29.76B23.17B20.98B20.42B19.76B
Total Liabilities68.56B67.99B68.69B67.14B63.77B57.19B
Stockholders Equity10.29B9.25B8.65B8.02B7.43B6.86B
Cash Flow
Free Cash Flow7.50B3.88B-580.52M1.42B304.87M2.87B
Operating Cash Flow9.56B6.65B3.10B5.58B4.20B6.21B
Investing Cash Flow-2.12B-2.53B-3.46B-4.06B-3.95B-3.25B
Financing Cash Flow-7.81B-2.84B1.04B-558.23M-1.05B-1.95B

Sinopec Oilfield Service Technical Analysis

Technical Analysis SentimentNeutral
Last Price0.63

Price Trends

50DMA0.65Negative
100DMA0.64Negative
200DMA0.76Negative

Market Momentum

MACD-0.01Negative
RSI48.58Neutral
STOCH82.50Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1033, the sentiment is Neutral. The current price of 0.63 is above the 20-day moving average (MA) of 0.63, below the 50-day MA of 0.65, and below the 200-day MA of 0.76, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 48.58 is Neutral, neither overbought nor oversold. The STOCH value of 82.50 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1033.

Sinopec Oilfield Service Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

HK:1033 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
HK:2883HK:288379OutperformHKD 61.59B16.818.14%4.17%6.80%14.80%
HK:3337HK:333778OutperformHKD 2.21B5.758.59%5.82%11.66%11.67%
Sector *65Neutral$15.17B7.614.09%5.20%3.87%-62.32%
HK:2178HK:217855NeutralHKD 317.71M-920.00-0.18%―-12.54%98.82%
HK:1033HK:103352NeutralHKD 36.94B56.457.16%―3.31%18.03%
HK:0568HK:056841NeutralHKD 5.43B-57.70-18.12%―58.47%1.63%
HK:1623HK:162341NeutralHKD 405.45M5.502.06%1.26%12.20%―

* Energy Sector Average

Performance Comparison

0%200%400%HK:1033HK:3337HK:2883HK:0568HK:1623HK:2178Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:1033 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:1033Sinopec Oilfield Service Corporation Class H0.63-0.15-19.23%
HK:3337Anton Oilfield Services0.73-0.26-26.13%
HK:2883China Oilfield Services Class H7.760.415.53%
HK:0568Shandong Molong Petroleum Machinery Co., Ltd. Class H3.79-0.43-10.31%
HK:1623Hilong Holding Ltd.0.240.028.14%
HK:2178Petro-king Oilfield Services Ltd.0.180.12206.67%

Sinopec Oilfield Service Corporate Events

Sinopec Oilfield Service Posts Strong Profit and Cash Flow Growth in Q3 2026

Oct 28, 2026

Sinopec Oilfield Service reported third-quarter 2026 operating income of RMB 19.48 billion, up 7.5% year on year, with total profit rising 20.3% and net profit attributable to shareholders increasing 13.9%. For the first nine months of 2026, operatin...

Sinopec Oilfield Service Raises RMB1 Billion via Three-Year Sci-Tech Bonds

Oct 14, 2026

Sinopec Oilfield Service Corporation has completed the public issuance of its 2026 Sci-Tech Innovation Corporate Bonds (second tranche) to professional investors, raising RMB1 billion at a fixed three-year term and an annual interest rate of 1.51%, w...

Sinopec Oilfield Service Sets Board Meeting to Approve Nine-Month Results

Oct 12, 2026

Sinopec Oilfield Service Corporation has scheduled a board meeting for October 28, 2026 to review and approve the unaudited financial results of the company and its subsidiaries for the nine months ended September 30, 2026. The meeting will also cons...

Sinopec Oilfield Service Secures Full Shareholder Support at 2026 Extraordinary Meeting

Sep 22, 2026

Sinopec Oilfield Service Corporation reported the poll results of its first extraordinary general meeting of 2026, held in Beijing with both onsite and online participation for A shareholders. The meeting achieved a 58.28% voter turnout, with no shar...

Sinopec Oilfield Service Chairman Wu Baizhi to Resign in September 2026

Sep 3, 2026

Sinopec Oilfield Service Corporation announced that chairman and executive director Wu Baizhi has tendered his resignation, effective 3 September 2026, stepping down from multiple roles including legal representative, strategy committee chief officer...

Sinopec Oilfield Service Updates Board Composition and Committee Roles

Sep 3, 2026

Sinopec Oilfield Service Corporation announced an updated composition of its board of directors, detailing the roles of executive, non-executive, independent non-executive, and employee representative directors. The company also clarified membership...

Sinopec Oilfield Service Calls 2026 EGM to Back Mexico Deal and Revise Guarantees

Sep 2, 2026

Sinopec Oilfield Service Corporation has called its first extraordinary general meeting of 2026 for 22 September in Beijing, inviting A and H share investors to participate in person or via proxy in a key governance event. The meeting underscores the...

Sinopec Oilfield Service boosts cash flow and equity in steady first-half 2026

Aug 17, 2026

Sinopec Oilfield Service Corporation reported stable interim results for the six months ended 30 June 2026, with total assets edging up 0.5% to RMB 77.63 billion and total liabilities dipping 0.6% to RMB 67.60 billion, lifting equity attributable to...

Sinopec Oilfield Service Restructures Guarantees as It Takes Full Control of Mexico EBANO Operator

Aug 17, 2026

Sinopec Oilfield Service is restructuring its guarantee framework as it moves to take full control of Mexico DS Company, the operator of the EBANO oilfield project. Its subsidiaries IPSC and IPSC Mexico will acquire the remaining 50% stake in the joi...

Sinopec Oilfield Service Tightens Audit Committee Governance Framework

Aug 17, 2026

Sinopec Oilfield Service Corporation has updated the terms of reference for its board-level Audit Committee, refining its composition, responsibilities, and procedures in line with Chinese company law and corporate governance codes, as well as listin...

Sinopec Oilfield Service Refines Nomination Committee Structure to Bolster Governance

Aug 17, 2026

Sinopec Oilfield Service Corporation has updated the terms of reference for its Nomination Committee, a specialized body under the board of directors responsible for board member selection and related governance matters. The revised terms clarify tha...

Sinopec Oilfield Service Tightens Governance Over Board Remuneration

Aug 17, 2026

Sinopec Oilfield Service Corporation has updated the terms of reference for its board-level Remuneration Committee, aligning the committee’s structure, responsibilities, and procedures with Chinese corporate law and the listing rules of the Sha...

Sinopec Oilfield Service Sets August Board Meeting to Approve Interim Results

Aug 3, 2026

Sinopec Oilfield Service Corporation has scheduled a board meeting for 17 August 2026 to review and approve the unaudited interim results for the first half of 2026. The board will also consider the publication of these results and address any other...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 01, 2026