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China Oilfield Services (2883) Stock Price & Analysis

2883 Stock Chart & Stats

HK$7.70-HK$0.07(-0.90%)
At close: 4:08 PM GMT+8
HK$7HK$7.5HK$810 Aug24 Aug7 Sep21 Sep5 Oct20 Oct2 Nov
Day’s Range
HKD 7.46 - HKD 7.84
52-Week Range
HKD 6.09 - HKD 11.74
Previous Close
HKD 7.77
Volume
N/A
Average Volume (3M)
10.35M
Market Cap
HKD 61.59B
Enterprise Value
HKD 37.67B
Total Cash (Recent Filing)
HKD 7.48B
Total Debt (Recent Filing)
HKD 15.05B
Price to Earnings (P/E)
16.6
Beta
0.52
Next Earnings
Mar 25, 2027 (Est.)
Dividend Yield
4.20%

Bulls Say, Bears Say

Bulls Say

Revenue And Profitability

Sharp TTM revenue growth alongside solid operating and net margins indicates stronger business activity is translating into earnings. If profitability remains resilient, COSL can reinvest in equipment, support expansion, and build a more durable earnings base over the next several quarters.

Balance Sheet And Cash Flow

Material deleveraging since 2021–2022 and steadily rising equity improve financial resilience for a capital-intensive services business. Positive operating cash flow also supports funding needs and gives COSL greater flexibility to manage investment and contract cycles.

Utilization And Service Profitability

High utilization and sustained technical-services profitability show that COSL is converting its equipment base and specialist capabilities into attractive operating returns. These operating strengths can support cash generation and reinforce its position as offshore activity expands.

Bears Say

EBITDA Margin Pressure

The substantial EBITDA margin decline suggests that higher costs, project mix, or operating leverage are absorbing part of the benefit from rapid revenue growth. Unless margins recover, weaker conversion of sales into operating earnings could limit durable profit expansion.

Foreign-Exchange Losses

Recurring exposure to overseas institutions and mismatched denomination currencies creates a meaningful earnings drag when exchange rates move adversely. Continued FX losses could dilute otherwise solid operating performance and make reported profits less predictable.

Capital Investment Execution

Lower-than-planned capital spending may delay vessel or rig additions while tight equipment availability limits the ability to serve projects promptly. That combination could constrain capacity expansion and make execution more difficult as planned industry investment intensifies.

China Oilfield Services News

2883 FAQ

What was China Oilfield Services’s price range in the past 12 months?
China Oilfield Services lowest stock price was HK$6.09 and its highest was HK$11.74 in the past 12 months.
What is China Oilfield Services’s market cap?
China Oilfield Services’s market cap is HK$61.59B.
When is China Oilfield Services’s upcoming earnings report date?
China Oilfield Services’s next earnings report is estimated for Mar 25, 2027 (not yet confirmed), which is in 142 days.
How were China Oilfield Services’s earnings last quarter?
China Oilfield Services released its earnings results on Oct 23, 2026. The company reported HK$0.307 earnings per share for the quarter, beating the consensus estimate of HK$0.177 by HK$0.13.
Is China Oilfield Services overvalued?
According to Wall Street analysts China Oilfield Services’s price is currently Undervalued.
Does China Oilfield Services pay dividends?
China Oilfield Services pays a Annually dividend of HK$0.323 which represents an annual dividend yield of 4.2%. See more information on China Oilfield Services dividends here
What is China Oilfield Services’s EPS estimate?
China Oilfield Services’s EPS estimate is 0.02.
How many shares outstanding does China Oilfield Services have?
China Oilfield Services has 1,811,124,000 shares outstanding.
What happened to China Oilfield Services’s price movement after its last earnings report?
China Oilfield Services reported an EPS of HK$0.307 in its last earnings report, beating expectations of HK$0.177. Following the earnings report the stock price went down -0.067%.
Which hedge fund is a major shareholder of China Oilfield Services?
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