Sinopec Oilfield Financials
| YZCFF Stock | USD 0.06 0.00 0.00% |
Sinopec |
Understanding current and past Sinopec Oilfield Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Sinopec Oilfield's financial statements are interrelated, with each one affecting the others. For example, an increase in Sinopec Oilfield's assets may result in an increase in income on the income statement.
The data published in Sinopec Oilfield's official financial statements usually reflect Sinopec Oilfield's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Sinopec Oilfield Service. For example, before you start analyzing numbers published by Sinopec accountants, it's critical to develop an understanding of what Sinopec Oilfield's liquidity, profitability, and earnings quality are in the context of the Sinopec space in which it operates.
Please note, the presentation of Sinopec Oilfield's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sinopec Oilfield's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Sinopec Oilfield's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Sinopec Oilfield Service. Please utilize our Beneish M Score to check the likelihood of Sinopec Oilfield's management manipulating its earnings.
Sinopec Oilfield Stock Summary
Sinopec Oilfield competes with AAC Clyde, Avante Logixx, Corby Spirit, HUMANA, and Thrivent High. Sinopec Oilfield Service Corporation provides petroleum engineering and technology services. Sinopec Oilfield Service Corporation is a subsidiary of China Petrochemical Corporation. Sinopec Yizheng operates under Oil Gas Drilling classification in the United States and is traded on OTC Exchange. It employs 69232 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | No9, Jishikou Road, |
| Benchmark | NYSE Composite |
| Website | ssc.sinopec.com |
| Phone | 86 10 5996 5998 |
| Currency | USD - US Dollar |
You should never invest in Sinopec Oilfield without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Sinopec Pink Sheet, because this is throwing your money away. Analyzing the key information contained in Sinopec Oilfield's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Sinopec Oilfield Key Financial Ratios
Generally speaking, Sinopec Oilfield's financial ratios allow both analysts and investors to convert raw data from Sinopec Oilfield's financial statements into concise, actionable information that can be used to evaluate the performance of Sinopec Oilfield over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Sinopec Oilfield Service reports annually and quarterly.| Return On Equity | 0.018 | |||
| Return On Asset | 0.0083 | |||
| Beta | 1.17 |
Sinopec Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Sinopec Oilfield's current stock value. Our valuation model uses many indicators to compare Sinopec Oilfield value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Sinopec Oilfield competition to find correlations between indicators driving Sinopec Oilfield's intrinsic value. More Info.Sinopec Oilfield Service is rated first in return on equity category among related companies. It is rated first in return on asset category among related companies reporting about 0.46 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Sinopec Oilfield Service is roughly 2.17 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sinopec Oilfield by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sinopec Oilfield's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Sinopec Oilfield's earnings, one of the primary drivers of an investment's value.Sinopec Oilfield Service Systematic Risk
Sinopec Oilfield's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Sinopec Oilfield volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Sinopec Oilfield Service correlated with the market. If Beta is less than 0 Sinopec Oilfield generally moves in the opposite direction as compared to the market. If Sinopec Oilfield Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sinopec Oilfield Service is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sinopec Oilfield is generally in the same direction as the market. If Beta > 1 Sinopec Oilfield moves generally in the same direction as, but more than the movement of the benchmark.
About Sinopec Oilfield Financials
What exactly are Sinopec Oilfield Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Sinopec Oilfield's income statement, its balance sheet, and the statement of cash flows. Potential Sinopec Oilfield investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Sinopec Oilfield investors may use each financial statement separately, they are all related. The changes in Sinopec Oilfield's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sinopec Oilfield's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Sinopec Oilfield Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Sinopec Oilfield is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Sinopec has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Sinopec Oilfield's financials are consistent with your investment objective using the following steps:- Review Sinopec Oilfield's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Sinopec Oilfield's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Sinopec Oilfield's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Sinopec Oilfield's stock is overvalued or undervalued.
Sinopec Oilfield April 18, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Sinopec Oilfield help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Sinopec Oilfield Service. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sinopec Oilfield Service based on widely used predictive technical indicators. In general, we focus on analyzing Sinopec Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sinopec Oilfield's daily price indicators and compare them against related drivers.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 3.96 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Sinopec Oilfield Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Sinopec Oilfield Service information on this page should be used as a complementary analysis to other Sinopec Oilfield's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Sinopec Pink Sheet analysis
When running Sinopec Oilfield's price analysis, check to measure Sinopec Oilfield's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sinopec Oilfield is operating at the current time. Most of Sinopec Oilfield's value examination focuses on studying past and present price action to predict the probability of Sinopec Oilfield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinopec Oilfield's price. Additionally, you may evaluate how the addition of Sinopec Oilfield to your portfolios can decrease your overall portfolio volatility.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |