Sinopec Oilfield Service Stock

Sinopec Oilfield Service Debt 2024

Sinopec Oilfield Service Debt

27,012.36 CNY

Ticker

600871.SS

ISIN

CNE000000HS3

In 2024, Sinopec Oilfield Service's total debt was 27,012.36 CNY, a 9.06% change from the 24,768.84 CNY total debt recorded in the previous year.

Sinopec Oilfield Service Aktienanalyse

What does Sinopec Oilfield Service do?

Sinopec Oilfield Service Corp is a Chinese company in the oil and gas industry, founded in 2009 by China Petroleum & Chemical Corp (Sinopec). The company is one of the largest oilfield service providers in China, offering a wide range of products and services that span from exploration and production to processing and marketing of oil and gas. Sinopec Oilfield Service ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Sinopec Oilfield Service's Debt Structure

Sinopec Oilfield Service's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Sinopec Oilfield Service's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Sinopec Oilfield Service’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Sinopec Oilfield Service’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Sinopec Oilfield Service stock

What is the debt of Sinopec Oilfield Service this year?

Sinopec Oilfield Service has a debt level of 27,012.36 CNY this year.

What was the debt of Sinopec Oilfield Service compared to the previous year?

The debt of Sinopec Oilfield Service has increased by 9.06% compared to the previous year increased.

What are the consequences of high debt for investors in Sinopec Oilfield Service?

High debt can pose a risk for investors of Sinopec Oilfield Service, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Sinopec Oilfield Service?

Low debt means that Sinopec Oilfield Service has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Sinopec Oilfield Service affect the company?

An increase in debt of Sinopec Oilfield Service can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Sinopec Oilfield Service affect the company?

A reduction in debt of Sinopec Oilfield Service can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Sinopec Oilfield Service?

Some factors that can influence the debt of Sinopec Oilfield Service include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Sinopec Oilfield Service so important for investors?

The debts of Sinopec Oilfield Service are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Sinopec Oilfield Service take to change the debt?

To change the debt, Sinopec Oilfield Service can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Sinopec Oilfield Service pay?

Over the past 12 months, Sinopec Oilfield Service paid a dividend of 0.02 CNY . This corresponds to a dividend yield of about 1.1 %. For the coming 12 months, Sinopec Oilfield Service is expected to pay a dividend of 0 CNY.

What is the dividend yield of Sinopec Oilfield Service?

The current dividend yield of Sinopec Oilfield Service is 1.1 %.

When does Sinopec Oilfield Service pay dividends?

Sinopec Oilfield Service pays a quarterly dividend. This is distributed in the months of August, August, July, August.

How secure is the dividend of Sinopec Oilfield Service?

Sinopec Oilfield Service paid dividends every year for the past 3 years.

What is the dividend of Sinopec Oilfield Service?

For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.

In which sector is Sinopec Oilfield Service located?

Sinopec Oilfield Service is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Sinopec Oilfield Service kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Sinopec Oilfield Service from 7/27/2012 amounting to 0.03 CNY, you needed to have the stock in your portfolio before the ex-date on 7/13/2012.

When did Sinopec Oilfield Service pay the last dividend?

The last dividend was paid out on 7/27/2012.

What was the dividend of Sinopec Oilfield Service in the year 2023?

In the year 2023, Sinopec Oilfield Service distributed 0 CNY as dividends.

In which currency does Sinopec Oilfield Service pay out the dividend?

The dividends of Sinopec Oilfield Service are distributed in CNY.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Sinopec Oilfield Service

Our stock analysis for Sinopec Oilfield Service 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 Sinopec Oilfield Service Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.