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China Oilfield Services Ltd Class A
Buy, Hold or Sell?

Let's analyse China Oilfield Services Ltd Class A together

PenkeI guess you are interested in China Oilfield Services Ltd Class A. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of China Oilfield Services Ltd Class A. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of China Oilfield Services Ltd Class A (30 sec.)










What can you expect buying and holding a share of China Oilfield Services Ltd Class A? (30 sec.)

How much money do you get?

How much money do you get?
¥0.08
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
¥8.73
Expected worth in 1 year
¥9.15
How sure are you?
90.9%

+ What do you gain per year?

Total Gains per Share
¥1.01
Return On Investment
5.8%

For what price can you sell your share?

Current Price per Share
¥17.29
Expected price per share
¥16.97 - ¥18.97
How sure are you?
50%

1. Valuation of China Oilfield Services Ltd Class A (5 min.)




Live pricePrice per Share (EOD)

¥17.29

Intrinsic Value Per Share

¥31.22 - ¥37.22

Total Value Per Share

¥39.95 - ¥45.95

2. Growth of China Oilfield Services Ltd Class A (5 min.)




Is China Oilfield Services Ltd Class A growing?

Current yearPrevious yearGrowGrow %
How rich?$5.7b$5.3b$266.3m4.7%

How much money is China Oilfield Services Ltd Class A making?

Current yearPrevious yearGrowGrow %
Making money$88.6m$31.9m$56.7m64.0%
Net Profit Margin6.3%3.1%--

How much money comes from the company's main activities?

3. Financial Health of China Oilfield Services Ltd Class A (5 min.)




4. Comparing to competitors in the Oil & Gas Equipment & Services industry (5 min.)




  Industry Rankings (Oil & Gas Equipment & Services)  


Richest
#7 / 168

Most Revenue
#17 / 168

Most Profit
#13 / 168

What can you expect buying and holding a share of China Oilfield Services Ltd Class A? (5 min.)

Welcome investor! China Oilfield Services Ltd Class A's management wants to use your money to grow the business. In return you get a share of China Oilfield Services Ltd Class A.

What can you expect buying and holding a share of China Oilfield Services Ltd Class A?

First you should know what it really means to hold a share of China Oilfield Services Ltd Class A. And how you can make/lose money.

Speculation

The Price per Share of China Oilfield Services Ltd Class A is ¥17.29. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of China Oilfield Services Ltd Class A.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in China Oilfield Services Ltd Class A, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ¥8.73. Based on the TTM, the Book Value Change Per Share is ¥0.10 per quarter. Based on the YOY, the Book Value Change Per Share is ¥0.02 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ¥0.15 per quarter.
Based on historical numbers we can estimate the returns while holding a share of China Oilfield Services Ltd Class A.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share¥% of Price per Share
Usd Eps0.030.2%0.020.1%0.010.0%0.020.1%0.010.1%
Usd Book Value Change Per Share0.030.2%0.010.1%0.000.0%0.010.1%0.050.3%
Usd Dividend Per Share0.010.0%0.020.1%0.020.1%0.020.1%0.020.1%
Usd Total Gains Per Share0.040.2%0.030.2%0.030.1%0.030.2%0.070.4%
Usd Price Per Share2.24-2.12-1.97-1.89-1.85-
Price to Earnings Ratio20.71-37.45-19.13-49.98-53.76-
Price-to-Total Gains Ratio60.28-61.37-5.17-56.43-49.92-
Price to Book Ratio1.86-1.80-1.75-1.70-1.68-
Price-to-Total Gains Ratio60.28-61.37-5.17-56.43-49.92-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share2.392936
Number of shares417
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.02
Usd Book Value Change Per Share0.010.01
Usd Total Gains Per Share0.030.03
Gains per Quarter (417 shares)14.5512.96
Gains per Year (417 shares)58.1951.83
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1342448322042
26848106634094
3102721649560146
41369622212780198
5170121280159101250
6204145338190121302
7238169396222141354
8273193454254161406
9307217512285181458
10341241570317201510

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%21.01.00.095.5%21.01.00.095.5%
Book Value Change Per Share4.00.00.0100.0%9.03.00.075.0%15.05.00.075.0%16.06.00.072.7%16.06.00.072.7%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%22.00.00.0100.0%22.00.00.0100.0%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%19.01.00.095.0%20.02.00.090.9%20.02.00.090.9%

Fundamentals of China Oilfield Services Ltd Class A

About China Oilfield Services Ltd Class A

China Oilfield Services Limited, together with its subsidiaries, provides integrated offshore oilfield services in Mainland China and internationally. The company operates through four segments: Geophysical Services, Drilling Services, Well Services, and Marine and Transportation Services. The Geophysical Services segment provides marine seismic acquisition, seismic data processing and interpretation, geo-technical survey, geotechnical and marine environmental investigation, subsea engineering, deep water engineering surveying, groundwork and foundation construction engineering, offshore engineering support, consulting services, and equipment manufacture. The Drilling Services segment provides jack-up drilling rig, semi-submersible drilling rig, modular rig, and land rig services; lift boats and accommodation rigs; and casting and tubing running pipe inspection and repair services. The Well Services segment offers onshore and offshore well services, including logging, drilling and completion fluids, directional drilling, cementing, well completion and workover, stimulation, and oilfield production optimization. The Marine Support Services segment offers anchor handling, towing for drilling rigs/barges, oil lifting, cargo transportation, standby, firefighting, rescue, oil spill response, and other marine support services. The company was incorporated in 2001 and is based in Sanhe, China. China Oilfield Services Limited is a subsidiary of China National Offshore Oil Corporation.

Fundamental data was last updated by Penke on 2024-03-27 20:06:07.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is overpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of China Oilfield Services Ltd Class A.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit China Oilfield Services Ltd Class A earns for each ¥1 of revenue.

  • Above 10% is considered healthy but always compare China Oilfield Services Ltd Class A to the Oil & Gas Equipment & Services industry mean.
  • A Net Profit Margin of 8.8% means that ¥0.09 for each ¥1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of China Oilfield Services Ltd Class A:

  • The MRQ is 8.8%. The company is making a profit. +1
  • The TTM is 6.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ8.8%TTM6.3%+2.5%
TTM6.3%YOY3.1%+3.2%
TTM6.3%5Y6.6%-0.3%
5Y6.6%10Y6.3%+0.2%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ8.8%3.6%+5.2%
TTM6.3%4.3%+2.0%
YOY3.1%1.9%+1.2%
5Y6.6%-4.1%+10.7%
10Y6.3%-3.6%+9.9%
1.1.2. Return on Assets

Shows how efficient China Oilfield Services Ltd Class A is using its assets to generate profit.

  • Above 5% is considered healthy but always compare China Oilfield Services Ltd Class A to the Oil & Gas Equipment & Services industry mean.
  • 1.1% Return on Assets means that China Oilfield Services Ltd Class A generated ¥0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of China Oilfield Services Ltd Class A:

  • The MRQ is 1.1%. Using its assets, the company is less efficient in making profit.
  • The TTM is 0.8%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.1%TTM0.8%+0.3%
TTM0.8%YOY0.3%+0.5%
TTM0.8%5Y0.7%+0.1%
5Y0.7%10Y0.6%+0.0%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1%1.0%+0.1%
TTM0.8%1.0%-0.2%
YOY0.3%0.4%-0.1%
5Y0.7%-0.4%+1.1%
10Y0.6%-0.4%+1.0%
1.1.3. Return on Equity

Shows how efficient China Oilfield Services Ltd Class A is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare China Oilfield Services Ltd Class A to the Oil & Gas Equipment & Services industry mean.
  • 2.3% Return on Equity means China Oilfield Services Ltd Class A generated ¥0.02 for each ¥1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of China Oilfield Services Ltd Class A:

  • The MRQ is 2.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.6%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.3%TTM1.6%+0.7%
TTM1.6%YOY0.6%+1.0%
TTM1.6%5Y1.4%+0.2%
5Y1.4%10Y1.3%+0.1%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3%2.1%+0.2%
TTM1.6%2.8%-1.2%
YOY0.6%1.2%-0.6%
5Y1.4%-1.2%+2.6%
10Y1.3%-0.7%+2.0%

1.2. Operating Efficiency of China Oilfield Services Ltd Class A.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient China Oilfield Services Ltd Class A is operating .

  • Measures how much profit China Oilfield Services Ltd Class A makes for each ¥1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare China Oilfield Services Ltd Class A to the Oil & Gas Equipment & Services industry mean.
  • An Operating Margin of 0.0% means the company generated ¥0.00  for each ¥1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of China Oilfield Services Ltd Class A:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM6.3%-6.3%
TTM6.3%YOY9.5%-3.2%
TTM6.3%5Y10.4%-4.1%
5Y10.4%10Y9.7%+0.7%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.5%-6.5%
TTM6.3%4.7%+1.6%
YOY9.5%4.4%+5.1%
5Y10.4%-1.1%+11.5%
10Y9.7%0.1%+9.6%
1.2.2. Operating Ratio

Measures how efficient China Oilfield Services Ltd Class A is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas Equipment & Services industry mean).
  • An Operation Ratio of 1.68 means that the operating costs are ¥1.68 for each ¥1 in net sales.

Let's take a look of the Operating Ratio trends of China Oilfield Services Ltd Class A:

  • The MRQ is 1.681. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.758. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.681TTM1.758-0.077
TTM1.758YOY1.763-0.005
TTM1.7585Y1.703+0.054
5Y1.70310Y1.719-0.015
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6811.341+0.340
TTM1.7581.305+0.453
YOY1.7631.036+0.727
5Y1.7031.130+0.573
10Y1.7191.089+0.630

1.3. Liquidity of China Oilfield Services Ltd Class A.

1.3. Liquidity
1.3.1. Current Ratio

Measures if China Oilfield Services Ltd Class A is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas Equipment & Services industry mean).
  • A Current Ratio of 1.49 means the company has ¥1.49 in assets for each ¥1 in short-term debts.

Let's take a look of the Current Ratio trends of China Oilfield Services Ltd Class A:

  • The MRQ is 1.488. The company is just able to pay all its short-term debts.
  • The TTM is 1.425. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.488TTM1.425+0.063
TTM1.425YOY1.219+0.206
TTM1.4255Y1.371+0.055
5Y1.37110Y1.379-0.008
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4881.520-0.032
TTM1.4251.567-0.142
YOY1.2191.650-0.431
5Y1.3711.744-0.373
10Y1.3791.807-0.428
1.3.2. Quick Ratio

Measures if China Oilfield Services Ltd Class A is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare China Oilfield Services Ltd Class A to the Oil & Gas Equipment & Services industry mean.
  • A Quick Ratio of 0.86 means the company can pay off ¥0.86 for each ¥1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of China Oilfield Services Ltd Class A:

  • The MRQ is 0.858. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.926. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.858TTM0.926-0.067
TTM0.926YOY0.842+0.083
TTM0.9265Y0.874+0.052
5Y0.87410Y0.867+0.007
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8580.867-0.009
TTM0.9260.929-0.003
YOY0.8420.992-0.150
5Y0.8741.091-0.217
10Y0.8671.144-0.277

1.4. Solvency of China Oilfield Services Ltd Class A.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of China Oilfield Services Ltd Class A assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare China Oilfield Services Ltd Class A to Oil & Gas Equipment & Services industry mean.
  • A Debt to Asset Ratio of 0.49 means that China Oilfield Services Ltd Class A assets are financed with 49.1% credit (debt) and the remaining percentage (100% - 49.1%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of China Oilfield Services Ltd Class A:

  • The MRQ is 0.491. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.484. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.491TTM0.484+0.007
TTM0.484YOY0.476+0.008
TTM0.4845Y0.499-0.015
5Y0.49910Y0.502-0.003
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4910.497-0.006
TTM0.4840.497-0.013
YOY0.4760.527-0.051
5Y0.4990.515-0.016
10Y0.5020.486+0.016
1.4.2. Debt to Equity Ratio

Measures if China Oilfield Services Ltd Class A is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare China Oilfield Services Ltd Class A to the Oil & Gas Equipment & Services industry mean.
  • A Debt to Equity ratio of 98.1% means that company has ¥0.98 debt for each ¥1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of China Oilfield Services Ltd Class A:

  • The MRQ is 0.981. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.954. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.981TTM0.954+0.027
TTM0.954YOY0.917+0.037
TTM0.9545Y1.007-0.053
5Y1.00710Y1.020-0.013
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9810.976+0.005
TTM0.9540.971-0.017
YOY0.9171.008-0.091
5Y1.0071.040-0.033
10Y1.0201.025-0.005

2. Market Valuation of China Oilfield Services Ltd Class A

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ¥1 in earnings China Oilfield Services Ltd Class A generates.

  • Above 15 is considered overpriced but always compare China Oilfield Services Ltd Class A to the Oil & Gas Equipment & Services industry mean.
  • A PE ratio of 20.71 means the investor is paying ¥20.71 for every ¥1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of China Oilfield Services Ltd Class A:

  • The EOD is 22.074. Based on the earnings, the company is fair priced.
  • The MRQ is 20.708. Based on the earnings, the company is fair priced.
  • The TTM is 37.449. Based on the earnings, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD22.074MRQ20.708+1.366
MRQ20.708TTM37.449-16.741
TTM37.449YOY19.125+18.324
TTM37.4495Y49.979-12.529
5Y49.97910Y53.759-3.780
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
EOD22.0745.658+16.416
MRQ20.7084.864+15.844
TTM37.4495.338+32.111
YOY19.1253.830+15.295
5Y49.9795.203+44.776
10Y53.7597.386+46.373
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of China Oilfield Services Ltd Class A:

  • The EOD is 11.646. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 10.925. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 6.963. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD11.646MRQ10.925+0.721
MRQ10.925TTM6.963+3.963
TTM6.963YOY-4.895+11.858
TTM6.9635Y-0.910+7.873
5Y-0.91010Y-2.862+1.952
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
EOD11.6463.861+7.785
MRQ10.9253.514+7.411
TTM6.9631.849+5.114
YOY-4.895-0.774-4.121
5Y-0.9100.184-1.094
10Y-2.8620.430-3.292
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of China Oilfield Services Ltd Class A is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas Equipment & Services industry mean).
  • A PB ratio of 1.86 means the investor is paying ¥1.86 for each ¥1 in book value.

Let's take a look of the Price to Book Ratio trends of China Oilfield Services Ltd Class A:

  • The EOD is 1.980. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.858. Based on the equity, the company is underpriced. +1
  • The TTM is 1.798. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.980MRQ1.858+0.123
MRQ1.858TTM1.798+0.060
TTM1.798YOY1.754+0.044
TTM1.7985Y1.701+0.097
5Y1.70110Y1.679+0.021
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
EOD1.9801.258+0.722
MRQ1.8581.184+0.674
TTM1.7981.199+0.599
YOY1.7541.274+0.480
5Y1.7011.120+0.581
10Y1.6791.358+0.321
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of China Oilfield Services Ltd Class A compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.2220.105+112%0.017+1203%0.087+155%0.397-44%
Book Value Per Share--8.7328.519+2%8.116+8%7.979+9%7.908+10%
Current Ratio--1.4881.425+4%1.219+22%1.371+9%1.379+8%
Debt To Asset Ratio--0.4910.484+1%0.476+3%0.499-2%0.502-2%
Debt To Equity Ratio--0.9810.954+3%0.917+7%1.007-3%1.020-4%
Dividend Per Share--0.0470.148-68%0.164-71%0.137-66%0.130-64%
Eps--0.1960.134+46%0.048+305%0.109+79%0.103+90%
Free Cash Flow Per Share--0.3710.319+17%0.175+112%0.196+89%0.167+122%
Free Cash Flow To Equity Per Share--0.3710.228+63%-0.207+156%0.005+6777%-0.017+105%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--37.216--------
Intrinsic Value_10Y_min--31.221--------
Intrinsic Value_1Y_max--1.324--------
Intrinsic Value_1Y_min--1.299--------
Intrinsic Value_3Y_max--5.811--------
Intrinsic Value_3Y_min--5.510--------
Intrinsic Value_5Y_max--12.508--------
Intrinsic Value_5Y_min--11.452--------
Market Cap51186526576.640-51%77395222240.00073076931480.000+6%67923612120.000+14%65293798624.700+19%63914740655.727+21%
Net Profit Margin--0.0880.063+40%0.031+184%0.066+34%0.063+39%
Operating Margin---0.063-100%0.095-100%0.104-100%0.097-100%
Operating Ratio--1.6811.758-4%1.763-5%1.703-1%1.719-2%
Pb Ratio1.980+6%1.8581.798+3%1.754+6%1.701+9%1.679+11%
Pe Ratio22.074+6%20.70837.449-45%19.125+8%49.979-59%53.759-61%
Price Per Share17.290+6%16.22015.315+6%14.235+14%13.624+19%13.340+22%
Price To Free Cash Flow Ratio11.646+6%10.9256.963+57%-4.895+145%-0.910+108%-2.862+126%
Price To Total Gains Ratio64.253+6%60.27761.368-2%5.169+1066%56.432+7%49.923+21%
Quick Ratio--0.8580.926-7%0.842+2%0.874-2%0.867-1%
Return On Assets--0.0110.008+42%0.003+275%0.007+68%0.006+78%
Return On Equity--0.0230.016+43%0.006+290%0.014+66%0.013+75%
Total Gains Per Share--0.2690.252+7%0.181+49%0.225+20%0.527-49%
Usd Book Value--5766264790.0665626069737.014+2%5359764212.221+8%5297138675.813+9%5246084898.661+10%
Usd Book Value Change Per Share--0.0310.014+112%0.002+1203%0.012+155%0.055-44%
Usd Book Value Per Share--1.2081.179+2%1.123+8%1.104+9%1.094+10%
Usd Dividend Per Share--0.0070.020-68%0.023-71%0.019-66%0.018-64%
Usd Eps--0.0270.019+46%0.007+305%0.015+79%0.014+90%
Usd Free Cash Flow--245105791.594210348883.569+17%115359257.303+112%130020073.103+89%111029554.864+121%
Usd Free Cash Flow Per Share--0.0510.044+17%0.024+112%0.027+89%0.023+122%
Usd Free Cash Flow To Equity Per Share--0.0510.032+63%-0.029+156%0.001+6777%-0.002+105%
Usd Market Cap7084215278.207-51%10711498758.01610113847316.832+6%9400627917.408+14%9036661729.658+19%8845800106.753+21%
Usd Price Per Share2.393+6%2.2452.120+6%1.970+14%1.886+19%1.846+22%
Usd Profit--129313945.47388673741.921+46%31964081.417+305%72606020.734+78%68360634.461+89%
Usd Revenue--1471695120.2611415846049.607+4%1161407781.940+27%1125821672.729+31%1088210767.003+35%
Usd Total Gains Per Share--0.0370.035+7%0.025+49%0.031+20%0.073-49%
 EOD+2 -6MRQTTM+25 -10YOY+26 -95Y+28 -710Y+24 -11

3.2. Fundamental Score

Let's check the fundamental score of China Oilfield Services Ltd Class A based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1522.074
Price to Book Ratio (EOD)Between0-11.980
Net Profit Margin (MRQ)Greater than00.088
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.858
Current Ratio (MRQ)Greater than11.488
Debt to Asset Ratio (MRQ)Less than10.491
Debt to Equity Ratio (MRQ)Less than10.981
Return on Equity (MRQ)Greater than0.150.023
Return on Assets (MRQ)Greater than0.050.011
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of China Oilfield Services Ltd Class A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5074.732
Ma 20Greater thanMa 5015.318
Ma 50Greater thanMa 10014.943
Ma 100Greater thanMa 20014.821
OpenGreater thanClose16.790
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Interest Income  42,075170,098212,173-167,36044,81376,602121,415-325,274-203,859



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in CNY. All numbers in thousands.

Summary
Total Assets81,783,998
Total Liabilities40,120,236
Total Stockholder Equity40,903,718
 As reported
Total Liabilities 40,120,236
Total Stockholder Equity+ 40,903,718
Total Assets = 81,783,998

Assets

Total Assets81,783,998
Total Current Assets33,768,694
Long-term Assets48,015,305
Total Current Assets
Cash And Cash Equivalents 8,661,013
Short-term Investments 1,218,219
Net Receivables 18,257,807
Inventory 2,736,057
Other Current Assets 2,229,228
Total Current Assets  (as reported)33,768,694
Total Current Assets  (calculated)33,102,324
+/- 666,370
Long-term Assets
Property Plant Equipment 42,322,532
Intangible Assets 605,107
Long-term Assets Other 1,459,294
Long-term Assets  (as reported)48,015,305
Long-term Assets  (calculated)44,386,933
+/- 3,628,371

Liabilities & Shareholders' Equity

Total Current Liabilities22,688,913
Long-term Liabilities17,431,322
Total Stockholder Equity40,903,718
Total Current Liabilities
Short Long Term Debt 5,698,730
Accounts payable 11,512,891
Other Current Liabilities 728,231
Total Current Liabilities  (as reported)22,688,913
Total Current Liabilities  (calculated)17,939,852
+/- 4,749,061
Long-term Liabilities
Long term Debt 15,194,907
Capital Lease Obligations Min Short Term Debt691,727
Long-term Liabilities Other 960,617
Long-term Liabilities  (as reported)17,431,322
Long-term Liabilities  (calculated)16,847,251
+/- 584,072
Total Stockholder Equity
Retained Earnings 21,846,612
Total Stockholder Equity (as reported)40,903,718
Total Stockholder Equity (calculated)21,846,612
+/- 19,057,106
Other
Capital Stock4,771,592
Common Stock Shares Outstanding 4,771,592
Net Debt 12,232,625
Net Invested Capital 61,797,356
Net Working Capital 11,079,781
Property Plant and Equipment Gross 42,322,532



Balance Sheet

Currency in CNY. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-30
> Total Assets 
72,768,140
73,887,332
74,687,005
75,972,546
75,423,059
77,437,508
76,101,838
76,187,979
81,427,301
77,270,186
75,942,307
74,829,485
74,789,690
76,580,679
73,311,708
73,466,450
73,738,384
75,328,784
77,184,091
76,677,225
79,597,495
81,783,998
81,783,99879,597,49576,677,22577,184,09175,328,78473,738,38473,466,45073,311,70876,580,67974,789,69074,829,48575,942,30777,270,18681,427,30176,187,97976,101,83877,437,50875,423,05975,972,54674,687,00573,887,33272,768,140
   > Total Current Assets 
20,259,851
20,982,427
21,708,928
22,543,997
22,267,125
24,191,913
23,029,655
23,197,809
29,116,876
26,030,443
26,322,750
25,697,271
24,862,488
26,896,936
25,281,704
25,949,083
25,504,467
26,508,709
28,109,690
30,055,956
31,716,361
33,768,694
33,768,69431,716,36130,055,95628,109,69026,508,70925,504,46725,949,08325,281,70426,896,93624,862,48825,697,27126,322,75026,030,44329,116,87623,197,80923,029,65524,191,91322,267,12522,543,99721,708,92820,982,42720,259,851
       Cash And Cash Equivalents 
5,253,376
4,311,267
3,339,869
3,701,828
3,494,625
5,803,457
3,465,791
4,766,070
9,448,469
6,127,278
6,587,401
6,586,888
5,136,291
5,708,661
5,113,286
4,007,155
4,556,902
4,267,614
4,121,251
3,721,909
5,909,124
8,661,013
8,661,0135,909,1243,721,9094,121,2514,267,6144,556,9024,007,1555,113,2865,708,6615,136,2916,586,8886,587,4016,127,2789,448,4694,766,0703,465,7915,803,4573,494,6253,701,8283,339,8694,311,2675,253,376
       Short-term Investments 
3,352,670
0
6,536,532
600,350
2,843,538
0
4,511,248
3,319,555
2,538,263
1,023,781
5,539,402
3,836,551
1,012,806
1,804,505
5,703,728
4,437,862
1,016,384
1,003,636
5,106,036
5,135,523
2,531,756
1,218,219
1,218,2192,531,7565,135,5235,106,0361,003,6361,016,3844,437,8625,703,7281,804,5051,012,8063,836,5515,539,4021,023,7812,538,2633,319,5554,511,24802,843,538600,3506,536,53203,352,670
       Net Receivables 
8,737,890
10,341,478
8,546,199
9,051,785
13,547,462
13,864,255
10,963,222
11,492,333
14,413,159
15,790,525
10,734,823
11,277,776
14,413,803
14,865,294
10,886,702
13,864,022
16,554,593
17,800,655
14,372,135
15,721,651
17,741,295
18,257,807
18,257,80717,741,29515,721,65114,372,13517,800,65516,554,59313,864,02210,886,70214,865,29414,413,80311,277,77610,734,82315,790,52514,413,15911,492,33310,963,22213,864,25513,547,4629,051,7858,546,19910,341,4788,737,890
       Inventory 
1,504,345
1,543,895
1,379,777
1,549,407
1,721,031
1,884,455
1,424,674
1,755,811
2,207,845
2,544,728
2,265,272
2,542,804
2,767,085
3,013,327
2,624,853
2,923,556
2,916,678
2,943,206
2,576,217
2,833,315
2,743,929
2,736,057
2,736,0572,743,9292,833,3152,576,2172,943,2062,916,6782,923,5562,624,8533,013,3272,767,0852,542,8042,265,2722,544,7282,207,8451,755,8111,424,6741,884,4551,721,0311,549,4071,379,7771,543,8951,504,345
       Other Current Assets 
187,085
3,549,412
156,828
7,261,763
3,069,281
2,081,012
157,405
1,864,040
509,140
544,131
195,436
1,453,251
532,504
1,505,149
953,135
716,488
459,910
493,599
1,934,051
2,643,559
1,144,249
2,229,228
2,229,2281,144,2492,643,5591,934,051493,599459,910716,488953,1351,505,149532,5041,453,251195,436544,131509,1401,864,040157,4052,081,0123,069,2817,261,763156,8283,549,412187,085
   > Long-term Assets 
0
0
0
53,428,549
53,155,933
53,245,595
53,072,183
52,990,170
52,310,425
51,239,743
49,619,557
49,132,214
49,927,202
49,683,743
48,030,004
47,517,367
48,233,917
48,820,075
49,074,400
46,621,269
47,881,134
48,015,305
48,015,30547,881,13446,621,26949,074,40048,820,07548,233,91747,517,36748,030,00449,683,74349,927,20249,132,21449,619,55751,239,74352,310,42552,990,17053,072,18353,245,59553,155,93353,428,549000
       Property Plant Equipment 
50,723,109
51,040,130
50,785,891
51,195,312
50,518,331
50,461,994
49,811,385
48,506,723
47,927,101
46,807,957
45,797,617
45,345,351
44,800,858
44,299,237
42,320,111
41,776,562
42,303,435
43,066,451
43,215,595
42,262,472
43,022,099
42,322,532
42,322,53243,022,09942,262,47243,215,59543,066,45142,303,43541,776,56242,320,11144,299,23744,800,85845,345,35145,797,61746,807,95747,927,10148,506,72349,811,38550,461,99450,518,33151,195,31250,785,89151,040,13050,723,109
       Long Term Investments 
627,051
657,901
679,162
716,340
708,700
778,033
880,583
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000880,583778,033708,700716,340679,162657,901627,051
       Intangible Assets 
284,471
290,272
337,894
443,131
285,202
538,222
556,479
552,669
552,997
546,560
535,630
523,199
545,453
572,836
575,353
550,723
659,939
647,907
687,929
651,904
622,723
605,107
605,107622,723651,904687,929647,907659,939550,723575,353572,836545,453523,199535,630546,560552,997552,669556,479538,222285,202443,131337,894290,272284,471
       Long-term Assets Other 
0
0
0
250,885
533,873
504,725
338,488
1,445,190
1,353,641
1,343,317
343,305
364,721
1,884,664
1,897,281
2,000,257
2,068,092
2,070,698
2,079,822
2,325,986
851,587
1,007,153
1,459,294
1,459,2941,007,153851,5872,325,9862,079,8222,070,6982,068,0922,000,2571,897,2811,884,664364,721343,3051,343,3171,353,6411,445,190338,488504,725533,873250,885000
> Total Liabilities 
38,665,760
39,556,950
40,009,599
41,313,037
40,145,432
40,850,727
39,191,561
38,071,759
43,525,804
39,032,140
37,253,499
35,946,224
36,100,591
37,236,393
35,095,378
34,931,644
35,252,243
35,659,581
37,286,007
36,240,899
38,992,497
40,120,236
40,120,23638,992,49736,240,89937,286,00735,659,58135,252,24334,931,64435,095,37837,236,39336,100,59135,946,22437,253,49939,032,14043,525,80438,071,75939,191,56140,850,72740,145,43241,313,03740,009,59939,556,95038,665,760
   > Total Current Liabilities 
13,795,876
14,467,584
17,011,044
17,837,773
17,097,438
21,255,631
19,828,821
18,639,865
18,567,492
14,834,307
16,875,923
15,542,179
17,189,927
18,311,218
22,008,727
21,774,254
21,650,465
19,543,147
21,291,902
20,521,149
22,216,889
22,688,913
22,688,91322,216,88920,521,14921,291,90219,543,14721,650,46521,774,25422,008,72718,311,21817,189,92715,542,17916,875,92314,834,30718,567,49218,639,86519,828,82121,255,63117,097,43817,837,77317,011,04414,467,58413,795,876
       Short-term Debt 
2,582,662
2,617,973
4,694,905
2,356,725
2,408,853
2,478,223
2,443,946
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000002,443,9462,478,2232,408,8532,356,7254,694,9052,617,9732,582,662
       Short Long Term Debt 
2,582,662
2,617,973
4,694,905
2,356,725
2,408,853
2,478,223
2,443,946
2,481,128
2,478,494
2,384,138
2,284,336
2,300,537
2,261,546
2,270,405
2,232,061
2,222,741
2,350,838
6,033,838
5,935,041
5,859,881
6,163,675
5,698,730
5,698,7306,163,6755,859,8815,935,0416,033,8382,350,8382,222,7412,232,0612,270,4052,261,5462,300,5372,284,3362,384,1382,478,4942,481,1282,443,9462,478,2232,408,8532,356,7254,694,9052,617,9732,582,662
       Accounts payable 
2,576,609
6,969,516
3,041,712
7,302,361
7,857,815
8,282,814
3,812,539
8,740,316
3,334,881
8,590,190
3,162,685
7,297,327
2,011,470
7,812,782
3,120,174
8,067,127
3,139,717
9,120,520
10,833,230
9,961,166
3,772,383
11,512,891
11,512,8913,772,3839,961,16610,833,2309,120,5203,139,7178,067,1273,120,1747,812,7822,011,4707,297,3273,162,6858,590,1903,334,8818,740,3163,812,5398,282,8147,857,8157,302,3613,041,7126,969,5162,576,609
       Other Current Liabilities 
2,693,456
1,464,396
2,700,623
6,157,100
4,675,064
519,882
3,551,379
1,630,406
3,510,874
1,545,856
3,300,720
1,684,634
3,383,653
2,211,365
3,635,999
2,189,930
3,986,796
2,681,533
2,162,749
2,895,267
4,318,305
728,231
728,2314,318,3052,895,2672,162,7492,681,5333,986,7962,189,9303,635,9992,211,3653,383,6531,684,6343,300,7201,545,8563,510,8741,630,4063,551,379519,8824,675,0646,157,1002,700,6231,464,3962,693,456
   > Long-term Liabilities 
0
0
0
23,475,264
23,047,995
19,595,096
19,362,740
19,431,894
24,958,311
24,197,833
20,377,576
20,404,045
18,910,664
18,925,175
13,086,651
13,157,390
13,601,778
16,116,433
15,994,105
15,719,750
16,775,608
17,431,322
17,431,32216,775,60815,719,75015,994,10516,116,43313,601,77813,157,39013,086,65118,925,17518,910,66420,404,04520,377,57624,197,83324,958,31119,431,89419,362,74019,595,09623,047,99523,475,264000
       Capital Lease Obligations 
0
0
0
1,131,037
621,379
655,883
547,572
550,692
486,556
404,073
366,303
335,444
593,255
588,580
568,080
706,917
693,079
693,155
569,593
590,360
748,053
691,727
691,727748,053590,360569,593693,155693,079706,917568,080588,580593,255335,444366,303404,073486,556550,692547,572655,883621,3791,131,037000
       Long-term Liabilities Other 
0
0
0
22,711,413
22,465,314
223,536
192,745
148,784
138,529
113,071
61,057
42,715
35,533
30,948
83,348
69,478
50,877
39,818
479,465
409,445
526,914
960,617
960,617526,914409,445479,46539,81850,87769,47883,34830,94835,53342,71561,057113,071138,529148,784192,745223,53622,465,31422,711,413000
       Deferred Long Term Liability 
630,620
138,782
1,011,445
117,454
1,153,266
224,652
1,692,138
1,545,557
1,580,312
1,512,113
2,022,654
1,704,056
1,930,614
1,794,447
1,967,572
1,660,434
1,944,337
1,647,075
1,806,522
1,754,939
2,884,523
0
02,884,5231,754,9391,806,5221,647,0751,944,3371,660,4341,967,5721,794,4471,930,6141,704,0562,022,6541,512,1131,580,3121,545,5571,692,138224,6521,153,266117,4541,011,445138,782630,620
> Total Stockholder Equity
33,966,160
34,187,282
34,529,876
34,507,104
35,116,328
36,414,615
36,734,191
37,935,112
37,714,375
38,053,961
38,509,930
38,700,151
38,504,942
39,156,209
38,032,831
38,349,791
38,286,955
39,091,942
39,331,281
39,820,094
39,912,654
40,903,718
40,903,71839,912,65439,820,09439,331,28139,091,94238,286,95538,349,79138,032,83139,156,20938,504,94238,700,15138,509,93038,053,96137,714,37537,935,11236,734,19136,414,61535,116,32834,507,10434,529,87634,187,28233,966,160
   Common Stock
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
4,771,592
0
04,771,5924,771,5924,771,5924,771,5924,771,5924,771,5924,771,5924,771,5924,771,5924,771,5924,771,5924,771,5924,771,5924,771,5924,771,5924,771,5924,771,5924,771,5924,771,5924,771,5924,771,592
   Retained Earnings 
17,096,684
17,194,929
17,542,491
15,059,075
15,667,154
16,812,864
19,705,005
20,844,472
20,655,749
21,096,172
21,628,534
21,809,758
21,618,820
22,269,935
21,130,539
21,434,375
21,517,337
22,478,013
22,767,426
23,249,399
23,420,919
21,846,612
21,846,61223,420,91923,249,39922,767,42622,478,01321,517,33721,434,37521,130,53922,269,93521,618,82021,809,75821,628,53421,096,17220,655,74920,844,47219,705,00516,812,86415,667,15415,059,07517,542,49117,194,92917,096,684
   Accumulated Other Comprehensive Income 0000000000000000000000
   Capital Surplus 0000000000000000000000
   Treasury Stock0000000000000000000000



Balance Sheet

Currency in CNY. All numbers in thousands.




Cash Flow

Currency in CNY. All numbers in thousands.




Income Statement

Currency in CNY. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue40,920,406
Cost of Revenue-35,057,008
Gross Profit5,863,3995,863,399
 
Operating Income (+$)
Gross Profit5,863,399
Operating Expense-36,938,335
Operating Income3,982,071-31,074,937
 
Operating Expense (+$)
Research Development1,157,867
Selling General Administrative224,318
Selling And Marketing Expenses-
Operating Expense36,938,3351,382,185
 
Net Interest Income (+$)
Interest Income84,917
Interest Expense-898,274
Other Finance Cost-390,481
Net Interest Income-1,203,838
 
Pretax Income (+$)
Operating Income3,982,071
Net Interest Income-1,203,838
Other Non-Operating Income Expenses-
Income Before Tax (EBT)3,490,4763,982,071
EBIT - interestExpense = -898,274
2,558,261
3,456,535
Interest Expense898,274
Earnings Before Interest and Taxes (EBIT)-4,388,750
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax3,490,476
Tax Provision-655,531
Net Income From Continuing Ops2,834,9452,834,945
Net Income2,558,261
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-1,203,838
 

Technical Analysis of China Oilfield Services Ltd Class A
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of China Oilfield Services Ltd Class A. The general trend of China Oilfield Services Ltd Class A is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine China Oilfield Services Ltd Class A's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of China Oilfield Services Ltd Class A.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 17.40 < 18.08 < 18.97.

The bearish price targets are: 17.25 > 17.01 > 16.97.

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China Oilfield Services Ltd Class A Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of China Oilfield Services Ltd Class A. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

China Oilfield Services Ltd Class A Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of China Oilfield Services Ltd Class A. The current macd is 0.52330148.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the China Oilfield Services Ltd Class A price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for China Oilfield Services Ltd Class A. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the China Oilfield Services Ltd Class A price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
China Oilfield Services Ltd Class A Daily Moving Average Convergence/Divergence (MACD) ChartChina Oilfield Services Ltd Class A Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of China Oilfield Services Ltd Class A. The current adx is 25.18.

The long score for the Directional Movement Index (DMI) is 4/7.
The longshort score for the Directional Movement Index (DMI) is 4/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy China Oilfield Services Ltd Class A shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending up: The ADX is above 25 and indicates a strong bullish trend. The ADX is trending up, so the bullish trend is strengthening.
China Oilfield Services Ltd Class A Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of China Oilfield Services Ltd Class A. The current sar is 15.54.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
China Oilfield Services Ltd Class A Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of China Oilfield Services Ltd Class A. The current rsi is 74.73. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is 0/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending up: The RSI is trending up. +1
China Oilfield Services Ltd Class A Daily Relative Strength Index (RSI) ChartChina Oilfield Services Ltd Class A Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of China Oilfield Services Ltd Class A. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the China Oilfield Services Ltd Class A price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
China Oilfield Services Ltd Class A Daily Stochastic Oscillator ChartChina Oilfield Services Ltd Class A Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of China Oilfield Services Ltd Class A. The current cci is 177.94.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
China Oilfield Services Ltd Class A Daily Commodity Channel Index (CCI) ChartChina Oilfield Services Ltd Class A Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of China Oilfield Services Ltd Class A. The current cmo is 61.00.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
China Oilfield Services Ltd Class A Daily Chande Momentum Oscillator (CMO) ChartChina Oilfield Services Ltd Class A Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of China Oilfield Services Ltd Class A. The current willr is -8.85714286.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
China Oilfield Services Ltd Class A Daily Williams %R ChartChina Oilfield Services Ltd Class A Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of China Oilfield Services Ltd Class A.

China Oilfield Services Ltd Class A Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of China Oilfield Services Ltd Class A. The current atr is 0.52195955.

China Oilfield Services Ltd Class A Daily Average True Range (ATR) ChartChina Oilfield Services Ltd Class A Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of China Oilfield Services Ltd Class A. The current obv is 210,441,696.

China Oilfield Services Ltd Class A Daily On-Balance Volume (OBV) ChartChina Oilfield Services Ltd Class A Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of China Oilfield Services Ltd Class A. The current mfi is 78.10.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
China Oilfield Services Ltd Class A Daily Money Flow Index (MFI) ChartChina Oilfield Services Ltd Class A Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for China Oilfield Services Ltd Class A.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-08BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-13STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-17MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-24STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-12-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-10STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-12STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-22CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-08STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-20CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-23STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

China Oilfield Services Ltd Class A Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of China Oilfield Services Ltd Class A based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5074.732
Ma 20Greater thanMa 5015.318
Ma 50Greater thanMa 10014.943
Ma 100Greater thanMa 20014.821
OpenGreater thanClose16.790
Total3/5 (60.0%)
Penke

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