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2883 Stock Chart & Stats
HK$7.28
HK$0.00(0.00%)
At close: 4:00 PM EDT
HK$7.28
HK$0.00(0.00%)
Day’s Range― - ―
52-Week RangeHK$6.09 - HK$11.74
Previous CloseN/A
Volume3.64M
Average Volume (3M)11.74M
Market Cap
HK$57.21B
Enterprise ValueHK$37.67K
Total Cash (Recent Filing)HK$6.43B
Total Debt (Recent Filing)HK$16.01B
Price to Earnings (P/E)14.9
Beta0.62
Next Earnings
Oct 22, 2026EPS Estimate
0.18Next Dividend Ex-DateN/A
Dividend Yield4.26%
Share Statistics
EPS (TTM)0.73
Shares Outstanding1,811,124,000
10 Day Avg. Volume19,690,974
30 Day Avg. Volume11,741,076
Financial Highlights & Ratios
PEG Ratio0.34
Price to Book (P/B)0.64
Price to Sales (P/S)0.60
P/FCF Ratio5.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$10.82Price Target Upside48.65% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)0.92
Revenue Forecast (FY)HK$52.32B
Bulls Say, Bears Say
Bulls Say
Improved ProfitabilityProfitability has improved materially from earlier years, with stronger net and gross margins sustained through the latest period. This indicates better earnings quality and operating performance, giving COSL greater capacity to reinvest, absorb industry cycles, and convert service demand into shareholder returns.
Healthy Balance SheetLower leverage and steadily rising equity provide COSL with meaningful financial resilience compared with its 2021 position. A stronger capital structure can support fleet and service investment, reduce balance-sheet pressure during offshore downturns, and preserve flexibility for long-term contracts.
Operational Momentum And Contract ExpansionBroad-based operating improvement, higher utilization and day rates, and new international contracts strengthen COSL’s revenue platform beyond a single market. Geographic expansion and longer-term work can improve backlog visibility, support asset utilization, and reinforce its position in integrated offshore services.
Bears Say
Weak Cash ConversionAlthough operating cash flow and free cash flow remain positive, conversion below half of net income indicates that reported earnings are not translating efficiently into discretionary cash. Higher capital spending or working-capital swings could constrain debt reduction, dividends, and investment flexibility.
Maintenance Pressure On Jackup UtilizationA heavier maintenance schedule can keep rigs unavailable and dilute fleet utilization, even when day rates and other assets improve. If repairs extend or cluster, COSL may experience weaker near-term revenue absorption and margin pressure before equipment returns to productive service.
Commodity And FX ExposureCOSL remains exposed to customer spending decisions shaped by volatile oil prices, making contract timing, day-rate assumptions, and full-year planning less predictable. The sizeable exchange loss adds another earnings drag, while ongoing currency exposure can complicate cash-flow and profit forecasting.
China Oilfield Services News
2883 FAQ
What was China Oilfield Services Limited Class H’s price range in the past 12 months?
China Oilfield Services Limited Class H lowest stock price was HK$6.09 and its highest was HK$11.74 in the past 12 months.
What is China Oilfield Services Limited Class H’s market cap?
China Oilfield Services Limited Class H’s market cap is HK$57.21B.
When is China Oilfield Services Limited Class H’s upcoming earnings report date?
China Oilfield Services Limited Class H’s upcoming earnings report date is Oct 22, 2026 which is in 33 days.
How were China Oilfield Services Limited Class H’s earnings last quarter?
China Oilfield Services Limited Class H released its earnings results on Aug 25, 2026. The company reported HK$0.251 earnings per share for the quarter, beating the consensus estimate of HK$0.234 by HK$0.018.
Is China Oilfield Services Limited Class H overvalued?
According to Wall Street analysts China Oilfield Services Limited Class H’s price is currently Undervalued.
Does China Oilfield Services Limited Class H pay dividends?
China Oilfield Services Limited Class H pays a Annually dividend of HK$0.323 which represents an annual dividend yield of 4.26%. See more information on China Oilfield Services Limited Class H dividends here
What is China Oilfield Services Limited Class H’s EPS estimate?
China Oilfield Services Limited Class H’s EPS estimate is 0.18.
How many shares outstanding does China Oilfield Services Limited Class H have?
China Oilfield Services Limited Class H has 1,811,124,000 shares outstanding.
What happened to China Oilfield Services Limited Class H’s price movement after its last earnings report?
China Oilfield Services Limited Class H reported an EPS of HK$0.251 in its last earnings report, beating expectations of HK$0.234. Following the earnings report the stock price went down -1.202%.
Which hedge fund is a major shareholder of China Oilfield Services Limited Class H?
Currently, no hedge funds are holding shares in HK:2883
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
China Oilfield Services Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Technicals
SMA
Negative
20 days / 200 days
Momentum
11.11%
12-Months-Change
Fundamentals
Return on Equity
4.26%
Trailing 12-Months
Asset Growth
6.12%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
China Oilfield Services Limited Class H
China Oilfield Services Limited (COSL), a subsidiary of China National Offshore Oil Corporation, is headquartered in Sanhe, China, and, along with its various operating units, delivers a comprehensive suite of offshore oilfield services both within Mainland China and across global markets. Its operations are structured into four primary divisions: Drilling Services, Well Services, Marine Support Services, and Geophysical Acquisition and Surveying Services. The Drilling Services segment specializes in offering various drilling rig solutions, including those for jack-up, semi-submersible, modular, and land-based operations. This also encompasses casing and tubing services, alongside the inspection and repair of running pipes, managing a significant fleet comprising 36 jack-up rigs, 12 semi-submersible rigs, and 6 modular rigs. Within Well Services, the company provides an array of essential onshore and offshore support, such as logging, management of drilling and completion fluids, precision directional drilling, cementing, well completion and workover, well stimulation, and optimization strategies for oilfield production. The Marine Support Services division encompasses a wide range of maritime operations, from anchor handling and the towing of drilling rigs or engineering barges to oil lifting, offshore transport, standby duties, firefighting, rescue missions, and oil spill response, boasting a substantial fleet of roughly 130 vessels, including anchor-handling tug/supply vessels, platform supply vessels, multi-purpose vessels, barges, and shuttle tankers. Finally, the Geophysical Acquisition and Surveying Services segment focuses on specialized marine activities like seismic data acquisition, offshore geo-surveying, the processing and interpretation of seismic data, and various underwater engineering tasks, utilizing assets that include 6 seismic vessels, 2 ocean-bottom cable teams, and 5 engineering surveying vessels. COSL also participates in the bond market.
2883 Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed predominantly positive operational momentum: strong Q1 operating profit growth (+22% YoY), improved well-service margins (+2pp to 18.2%) and revenue growth in key segments, plus contract wins and geographic expansion (Brazil, Middle East, Kazakhstan). However, material challenges were highlighted including a sizeable Q1 exchange loss (CNY 303m), increased scheduled maintenance (jackups), Middle East disruptions, and notable oil-price and FX-driven forecasting uncertainty. On balance the operational strength and contract wins outweigh the financial and regional headwinds, though risks remain.View all HK:2883 earnings summaries2883 Stock 12 Month Forecast
Average Price Target
HK$10.82
▲(48.65% Upside)
Technical Analysis
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