China Oilfield Services EBIT 2024

China Oilfield Services EBIT

5.82 B CNY

China Oilfield Services Dividend yield

0.89 %

Ticker

601808.SS

ISIN

CNE100000759

In 2024, China Oilfield Services's EBIT was 5.82 B CNY, a 20.72% increase from the 4.82 B CNY EBIT recorded in the previous year.

The China Oilfield Services EBIT history

YEAREBIT (undefined CNY)
2026e8.21
2025e6.85
2024e5.82
20234.82
20222.73
20213.27
20205.33
20194.01
20180.67
20171.31
2016-3.94
20152.65
20148.65
20137.52
20125.58
20115.02
20105.37
20095.75
20083.82
20072.83
20061.38
20050.78
20040.71

China Oilfield Services Aktienanalyse

What does China Oilfield Services do?

China Oilfield Services Ltd. (COSL) is one of the leading companies in the oil and gas industry in China and worldwide. Since its founding in 2001, the company has become an important player in the industry through growth and strategic investments in new technologies and services. COSL was established as a state-owned company and has undergone various changes over the years. In 2002, the company was listed on the Hong Kong Stock Exchange and expanded its business through acquisitions of foreign companies. In 2007, COSL acquired Awilco Offshore, strengthening its position as a global leader in oilfield technologies. Today, the company employs over 10,000 employees in China and worldwide. COSL's business model includes services and products in the areas of exploration, drilling, production, and logging. The company has a wide range of specialized equipment and technologies used for the exploration and development of oilfields. Services also include the maintenance of drilling equipment and logistics support. COSL works closely with other companies in the oil and gas industry to provide tailored solutions to customer needs. The company operates in four main segments: geophysics, drilling, production, and technology. In geophysics, COSL offers services such as 2D and 3D seismic surveys, heavy drilling, data analysis, and reporting. In drilling, COSL is a leading provider of drilling services in China with a fleet of state-of-the-art drilling ships and equipment. The company has expanded its drilling capabilities in recent years and is now active worldwide in this area. In production, COSL offers a wide range of services in oil production, including drilling monitoring, inspection of oilfield facilities, and operation of production facilities. In technology, COSL has invested in the development and acquisition of new technologies to provide its customers with the most advanced tools and solutions. This includes wireless drilling technology, seismic imaging technology, and the development of underwater equipment. COSL's products range from geophysical instruments to complete drilling rigs and equipment. The company has also developed its own line of radiation shields and specialty materials for oilfield manufacturing. Another important product segment is drilling tools used for borehole control and measurement. COSL is an important company in the oil and gas industry, offering a variety of services and products. The company has evolved in recent years through investments in new technologies and services and will continue to play a significant role in the industry in the future. China Oilfield Services ist eines der beliebtesten Unternehmen auf Eulerpool.com.

EBIT Details

Analyzing China Oilfield Services's EBIT

China Oilfield Services's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of China Oilfield Services's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

China Oilfield Services's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in China Oilfield Services’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about China Oilfield Services Stock

How much did China Oilfield Services achieve in EBIT for the current year?

In the current year, China Oilfield Services has achieved an EBIT of 5.82 B CNY.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company China Oilfield Services.

How has the EBIT of China Oilfield Services developed in recent years?

The EBIT of China Oilfield Services has increased by 20.715% increased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company China Oilfield Services?

The EBIT of China Oilfield Services is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

How much dividend does China Oilfield Services pay?

Over the past 12 months, China Oilfield Services paid a dividend of 0.16 CNY . This corresponds to a dividend yield of about 0.89 %. For the coming 12 months, China Oilfield Services is expected to pay a dividend of 0.16 CNY.

What is the dividend yield of China Oilfield Services?

The current dividend yield of China Oilfield Services is 0.89 %.

When does China Oilfield Services pay dividends?

China Oilfield Services pays a quarterly dividend. This is distributed in the months of July, July, July, July.

How secure is the dividend of China Oilfield Services?

China Oilfield Services paid dividends every year for the past 19 years.

What is the dividend of China Oilfield Services?

For the upcoming 12 months, dividends amounting to 0.16 CNY are expected. This corresponds to a dividend yield of 0.89 %.

In which sector is China Oilfield Services located?

China Oilfield Services is assigned to the 'Energy' sector.

Wann musste ich die Aktien von China Oilfield Services kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Oilfield Services from 6/9/2023 amounting to 0.16 CNY, you needed to have the stock in your portfolio before the ex-date on 6/9/2023.

When did China Oilfield Services pay the last dividend?

The last dividend was paid out on 6/9/2023.

What was the dividend of China Oilfield Services in the year 2023?

In the year 2023, China Oilfield Services distributed 0.15 CNY as dividends.

In which currency does China Oilfield Services pay out the dividend?

The dividends of China Oilfield Services are distributed in CNY.

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Andere Kennzahlen von China Oilfield Services

Our stock analysis for China Oilfield Services Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of China Oilfield Services Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.