Sinopec Oilfield Service Corporation (HKG:1033)

Sinopec Oilfield Service Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	80,276	79,998	78,925	72,483	68,215	67,057
Other Revenue	1,098	1,098	1,056	1,289	1,318	1,016
Revenue	81,374	81,096	79,981	73,773	69,533	68,073
Revenue Growth (YoY)	2.98%	1.39%	8.42%	6.10%	2.14%	-2.57%
Cost of Revenue	74,809	74,827	74,202	68,039	64,565	63,117
Gross Profit	6,565	6,269	5,778	5,733	4,968	4,956
Selling, General & Admin	2,317	2,426	2,462	2,345	2,221	2,346
Research & Development	2,263	2,247	2,084	1,839	1,670	1,370
Other Operating Expenses	310.74	282.56	63.06	288.1	61.42	15.7
Operating Expenses	4,435	4,382	4,470	4,487	3,951	3,836
Operating Income	2,130	1,887	1,308	1,246	1,017	1,120
Interest Expense	-757.84	-749.25	-805.02	-704.3	-726.76	-906.69
Interest & Investment Income	62.21	63.13	78.68	42.37	76.44	119.5
Currency Exchange Gain (Loss)	61.84	61.84	-34.95	98.67	-127.42	-289.07
Other Non Operating Income (Expenses)	-215.53	-75.36	186.83	-44.35	-122.4	-60.49
EBT Excluding Unusual Items	1,281	1,188	733.62	638.82	117.15	-16.31
Gain (Loss) on Sale of Investments	-302.25	-274.42	-	-	-	-
Gain (Loss) on Sale of Assets	73	75.4	87.84	25.89	88.72	5.96
Asset Writedown	-57.83	51.81	63.71	-32.09	13.54	-4.03
Legal Settlements	95.21	95.21	-	-	69.13	2.42
Other Unusual Items	-24.84	-11.52	42.01	95.29	195.03	351.79
Pretax Income	1,073	1,133	928.34	729.36	490.52	348.05
Income Tax Expense	448.13	500.92	339.12	253.46	310.73	269.08
Earnings From Continuing Operations	624.56	631.61	589.22	475.9	179.79	78.98
Minority Interest in Earnings	-0.04	-	-	-	-	-
Net Income	624.52	631.61	589.22	475.9	179.79	78.98
Net Income to Common	624.52	631.61	589.22	475.9	179.79	78.98
Net Income Growth	-24.01%	7.19%	23.81%	164.69%	127.65%	-91.36%
Shares Outstanding (Basic)	19,234	18,983	18,984	18,984	18,984	18,984
Shares Outstanding (Diluted)	19,234	18,983	18,984	18,984	18,984	18,984
Shares Change (YoY)	3.37%	-0.01%	-	-	-	-
EPS (Basic)	0.03	0.03	0.03	0.03	0.01	0.00
EPS (Diluted)	0.03	0.03	0.03	0.03	0.01	0.00
EPS Growth	-27.03%	6.46%	24.00%	177.81%	125.03%	-91.67%
Free Cash Flow	4,548	-580.53	1,423	304.87	2,866	2,729
Free Cash Flow Per Share	0.24	-0.03	0.07	0.02	0.15	0.14
Gross Margin	8.07%	7.73%	7.22%	7.77%	7.14%	7.28%
Operating Margin	2.62%	2.33%	1.64%	1.69%	1.46%	1.65%
Profit Margin	0.77%	0.78%	0.74%	0.65%	0.26%	0.12%
Free Cash Flow Margin	5.59%	-0.72%	1.78%	0.41%	4.12%	4.01%
EBITDA	5,348	5,108	4,532	4,406	4,070	4,202
EBITDA Margin	6.57%	6.30%	5.67%	5.97%	5.85%	6.17%
D&A For EBITDA	3,218	3,220	3,224	3,159	3,053	3,082
EBIT	2,130	1,887	1,308	1,246	1,017	1,120
EBIT Margin	2.62%	2.33%	1.64%	1.69%	1.46%	1.65%
Effective Tax Rate	41.78%	44.23%	36.53%	34.75%	63.35%	77.31%
Revenue as Reported	81,374	81,096	79,981	73,773	69,533	68,073
Advertising Expenses	-	1.62	5.35	0.04	0.08	0.12

Source: S&P Global Market Intelligence. Standard template. Financial Sources.