China Oilfield Services Limited (2883.HK) stock analysis

In our weekly check, China Oilfield Services Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 20 pass, warnings: 2, red flags: 3.

About China Oilfield Services Limited

China Oilfield Services Limited is an Energy company (Oil & Gas Equipment & Services) based in China, listed on HKSE as 2883.HK.

What our checks show for 2883.HK

Red flags

• Analysts expect revenue to shrink about 2.9% a year.
• The stock has fallen as much as 86% from a peak. Would you have held through that?
• Recovering from its deepest fall took about 4.8 years.

Warning signs

• The net margin is only 7.6%: little room if costs rise.
• The price swings a lot: 35.1% annual volatility. Expect large ups and downs.

Strengths

• Net debt is only 0.4x a year of EBITDA: the balance sheet has room.
• Operating profit covers interest 12.1 times over.
• The net margin rose by 6.5 points over 5 years, to 7.6%.
• The gross margin is 18.9% and has risen by 2.5 points: pricing power is holding.
• Operating cash flow is 2.39x net profit: the profit arrives as real cash.
• Revenue grew 20.3% a year over the last 3 years.

Similar companies

BKR · SLB · SUBC.OL · TS · HAL · TGS.OL

Questions

What grade does China Oilfield Services Limited (2883.HK) have?

In our weekly check, China Oilfield Services Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 20 pass, warnings: 2, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 2883.HK stock?

This week's biggest flags for China Oilfield Services Limited: Weak revenue forecast, Deep past fall, Slow recovery after falls. In total 5 of 25 checks show a warning or a red flag.

What does China Oilfield Services Limited do?

China Oilfield Services Limited is an Energy company (Oil & Gas Equipment & Services) based in China, listed on HKSE as 2883.HK.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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