Ratings Sinopec Oilfield Equipment Corporation

Equities

000852

CNE000000XK7

End-of-day quote Shenzhen S.E. Other stock markets 06:00:00 2024-05-13 pm EDT			5-day change	1st Jan Change
6.3 ^CNY	+2.11%		-1.87%	+2.44%

Apr. 25	Sinopec Oilfield Equipment Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
Apr. 25	Sinopec Oilfield Equipment Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Strengths

The company's earnings per share (EPS) are expected to grow significantly over the next few years according to the consensus of analysts covering the stock.
Over the last twelve months, the sales forecast has been frequently revised upwards.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

Weaknesses

As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
Low profitability weakens the company.
The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 36 times its estimated earnings per share for the ongoing year.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Ratings chart - Surperformance

Sector: Oil Related Services and Equipment

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
SINOPEC OILFIELD EQUIPMENT CORPORATION	+2.44%	816M		-
TENARIS S.A.	+2.64%	19.82B		B+
YANTAI JEREH OILFIELD SERVICES GROUP CO., LTD.	+18.46%	4.66B		C
SUZHOU DOUSON DRILLING & PRODUCTION EQUIPMENT CO.,LTD.	-10.72%	669M		-
DRIL-QUIP, INC.	-18.54%	662M		B
JIANGSU RUTONG PETRO-MACHINERY CO., LTD	-18.91%	330M	-	-
DEZHOU UNITED PETROLEUM TECHNOLOGY CO.,LTD.	-1.86%	323M	-	-
DYNA-MAC HOLDINGS LTD.	+14.93%	290M		-
NATURAL GAS SERVICES GROUP, INC.	+41.48%	280M		D+
NEW JCM GROUP CO.,LTD	-31.70%	236M	-	-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes