China Oilfield Services Limited (CHOLF)

China Oilfield Services Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	7,870	5,974	6,539	4,121	5,113	6,587
Short-Term Investments	-	-	1,676	-	-	1,000
Trading Asset Securities	-	5,501	4,501	5,106	5,704	5,539
Cash & Short-Term Investments	7,870	11,475	12,717	9,227	10,817	13,127
Cash Growth	-16.95%	-9.77%	37.81%	-14.70%	-17.60%	25.21%
Accounts Receivable	18,282	14,341	14,647	14,254	10,693	10,546
Other Receivables	178.3	136.93	110.25	123.06	193.55	189.15
Receivables	18,460	14,478	14,757	14,377	10,887	10,735
Inventory	2,585	2,296	2,370	2,576	2,625	2,265
Other Current Assets	876.24	417.13	426.39	1,929	953.14	195.44
Total Current Assets	29,791	28,666	30,270	28,110	25,282	26,323
Property, Plant & Equipment	48,232	48,711	47,253	43,216	42,320	45,798
Long-Term Investments	1,178	1,194	1,064	2,605	2,804	1,102
Other Intangible Assets	560.37	593.95	599.37	687.93	519.25	379.74
Long-Term Accounts Receivable	-	-	-	-	4.62	-
Long-Term Deferred Tax Assets	30.86	28.54	59.11	26.64	174.96	158.78
Long-Term Deferred Charges	2,802	3,516	3,584	2,303	1,968	2,023
Other Long-Term Assets	782.63	238.23	415.93	212.83	239.68	158.76
Total Assets	83,378	82,948	83,246	77,161	73,312	75,942
Accounts Payable	14,106	5,575	4,792	3,668	3,120	3,163
Accrued Expenses	1,524	8,130	7,112	6,326	4,537	4,620
Short-Term Debt	2,512	2,516	5,426	5,935	2,232	2,284
Current Portion of Long-Term Debt	7,934	7,346	159.02	890.51	8,141	3,284
Current Portion of Leases	-	468.14	304.97	437.19	342.01	224.28
Current Income Taxes Payable	719.25	453.83	454.38	94.94	338.97	168.11
Current Unearned Revenue	985.01	1,047	1,207	759.72	545.11	388.14
Other Current Liabilities	1,318	4,068	3,909	3,180	2,752	2,744
Total Current Liabilities	29,098	29,603	23,365	21,292	22,009	16,876
Long-Term Debt	6,827	6,817	14,989	14,387	12,161	19,647
Long-Term Leases	896.36	756.12	742.22	569.59	568.08	366.3
Long-Term Unearned Revenue	810.73	879.51	1,479	663.3	267.34	339.54
Long-Term Deferred Tax Liabilities	183.39	277.63	387.71	244.52	38.67	24.91
Other Long-Term Liabilities	165.45	189.59	26.87	28.33	51.86	-
Total Liabilities	38,007	38,523	40,990	37,185	35,095	37,253
Common Stock	4,772	4,772	4,772	4,772	4,772	4,772
Additional Paid-In Capital	-	12,362	12,362	12,366	12,366	12,366
Retained Earnings	28,117	27,230	25,095	22,845	21,131	21,629
Comprehensive Income & Other	11,818	-566.32	-585.5	-574.01	-235.58	-256.47
Total Common Equity	44,707	43,797	41,643	39,409	38,033	38,510
Minority Interest	664.06	627.37	613.09	566.8	183.5	178.88
Shareholders' Equity	45,371	44,425	42,256	39,976	38,216	38,689
Total Liabilities & Equity	83,378	82,948	83,246	77,161	73,312	75,942
Total Debt	18,170	17,903	21,622	22,219	23,444	25,805
Net Cash (Debt)	-10,300	-6,428	-8,905	-12,992	-12,627	-12,678
Net Cash Per Share	-2.16	-1.35	-1.87	-2.72	-2.65	-2.66
Filing Date Shares Outstanding	4,772	4,772	4,772	4,772	4,772	4,772
Total Common Shares Outstanding	4,772	4,772	4,772	4,772	4,772	4,772
Working Capital	693.04	-936.73	6,905	6,818	3,273	9,447
Book Value Per Share	9.37	9.18	8.73	8.26	7.97	8.07
Tangible Book Value	44,147	43,203	41,044	38,721	37,514	38,130
Tangible Book Value Per Share	9.25	9.05	8.60	8.11	7.86	7.99
Buildings	-	1,795	1,790	1,784	1,640	991.14
Machinery	-	40,928	39,258	35,575	32,386	30,697
Construction In Progress	-	3,499	2,745	2,523	2,380	3,148

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