RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Sinopec Oilfield Service Stock

Sinopec Oilfield Service ROE 2024

Sinopec Oilfield Service ROE

0.07

Ticker

600871.SS

ISIN

CNE000000HS3

In 2024, Sinopec Oilfield Service's return on equity (ROE) was 0.07, a 14.65% increase from the 0.06 ROE 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.

ROE Details

Decoding Sinopec Oilfield Service's Return on Equity (ROE)

Sinopec Oilfield Service's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Sinopec Oilfield Service's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Sinopec Oilfield Service's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Sinopec Oilfield Service’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Sinopec Oilfield Service stock

What is the ROE (Return on Equity) of Sinopec Oilfield Service this year?

The ROE of Sinopec Oilfield Service this year is 0.07 undefined.

How has the Return on Equity (ROE) of Sinopec Oilfield Service developed compared to the previous year?

The ROE of Sinopec Oilfield Service has increased by 14.65% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Sinopec Oilfield Service?

A high ROE indicates that Sinopec Oilfield Service generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Sinopec Oilfield Service?

A low ROE can indicate that Sinopec Oilfield Service is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Sinopec Oilfield Service affect the company?

A change in ROE (Return on Equity) of Sinopec Oilfield Service can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Sinopec Oilfield Service?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Sinopec Oilfield Service?

Some factors that can influence Sinopec Oilfield Service's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

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.