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601808.SS

HOLDFLAG

China Oilfield Services Limited · Energy · China · $9.2B · Avg Vol: $35M/d

38
StockRank
Q
57
V
51
M
22
P/E (TTM)
15.5x
ROE
8.6%
D/E
0.4x
Dividend %
2.3%
AI CONVICTION THESIS

China Oilfield Services (COSL) is a major beneficiary of rising offshore oil exploration capex driven by global energy security concerns. However, state-ownership and high capital intensity limit our conviction for a concentrated book.

COMPANY DESCRIPTION

China Oilfield Services Limited (COSL) is the leading integrated oilfield services provider in the offshore China market, offering drilling, well services, marine support, and geophysical exploration. Backed by its parent company CNOOC, COSL enjoys a near-monopoly in domestic offshore operations and is expanding its footprint in international markets. Its state-of-the-art fleet of drilling rigs and advanced technical capabilities position it to benefit directly from national energy security mandates and offshore exploration spending.

FINANCIAL SUMMARY

Year2022202320242025CAGR
Revenue5.3B6.5B7.1B7.4B12.1%
EPS0.070.090.100.1217.7%
Shares4.8B4.8B4.8B4.8B0.0%
Debt3.3B3.2B2.6B2.5B-8.7%
Equity5.8B6.2B6.5B6.9B5.7%
Op CF1.0B1.9B1.6B1.7B17.8%
Inv CF-552M-1.1B-750M-763M
Fin CF-719M-485M-955M-598M
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PRICE (1M)-18.7%
1.791.891.992.092.20May 6May 27Jun 16
SMA 50SMA 200
Close
$1.79
RSI (14)
28.4
52W High
$3.16
From 52W High
0.6%

SCORE BREAKDOWN

Quality
57
ROIC
10.5%65.8
ROE
8.6%56.1
GP/Assets
10.6%31.9
Op. Margin
13.7%62.5
FCF/Assets
3.6%60.3
Piotroski
80.1
Int. Cover
9.0x76.1
D/E Ratio
0.40x56.5
Current Ratio
1.28x49.0
Value
51
P/E (TTM)
15.5x56.1
EV/EBITDA
6.0x55.3
P/FCF
137.1x37.6
P/B
1.2x58.6
P/S
1.2x63.7
Div Yield
2.3%41.0
Momentum
22
52W High %
57%14.0
RS 6M
-21%15.7
SMA 50/200
0.96x14.1
EPS Rev 4W
N/A
EPS Rev 12W
N/A
EPS Improve
+30%32.9
Q Growth
-4%43.1

FUNDAMENTALS

Market Cap
$9.2B
P/E (Forward)
11.9x
Gross Margin
17.5%

SECTOR PEERS

Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of 601808.SS are excluded.

TickerCompanyMkt CapStockRankSignal
601808.SSChina Oilfield Services Limited(you)$9.2B38HOLD
600968.SSCNOOC Energy Technology & Services Limited$5.9B58HOLD
600339.SSChina Petroleum Engineering Corporation$2.9B52HOLD
600583.SSOffshore Oil Engineering Co.,Ltd$3.7B57HOLD
603800.SSJiangsu Hongtian Technology Co.,Ltd.$1.9B30SELL
3899.HKCIMC Enric Holdings Limited$2.3B56HOLD
002353.SZYantai Jereh Oilfield Services Group Co., Ltd.$21.2B74BUY
300191.SZSino Geophysical Co., Ltd$1.5B12STRONG SELL
0568.HKShandong Molong Petroleum Machinery Company Limited$546M22SELL
688377.SSNanjing Develop Advanced Manufacturing Co., Ltd.$943M9STRONG SELL

Peer medians: ROE 4.7% · P/E 20.0x · Gross margin 22.7%

China Oilfield Services Limited (601808.SS) — Stock Score Summary

China Oilfield Services Limited (601808.SS) has a MoatMap StockRank of 38/100 based on Quality (57/100), Value (51/100), and Momentum (22/100) factor scores. The current signal is HOLD. China Oilfield Services (COSL) is a major beneficiary of rising offshore oil exploration capex driven by global energy security concerns. However, state-ownership and high capital intensity limit our conviction for a concentrated book.

China Oilfield Services Limited (COSL) is the leading integrated oilfield services provider in the offshore China market, offering drilling, well services, marine support, and geophysical exploration. Backed by its parent company CNOOC, COSL enjoys a near-monopoly in domestic offshore operations and is expanding its footprint in international markets. Its state-of-the-art fleet of drilling rigs and advanced technical capabilities position it to benefit directly from national energy security mandates and offshore exploration spending.

Key Financial Metrics

Price$1.79
Market Cap$9.2B
P/E (TTM)15.46
P/E (Forward)11.93
Price/Book1.24
Return on Equity8.6%
Return on Invested Capital10.5%
Debt/Equity40.05
Gross Margin17.5%
Operating Margin13.7%
Revenue Growth4.6%
Dividend Yield2.3%
Free Cash Flow$67M

China Oilfield Services Limited operates in the Oil & Gas Equipment & Services industry, part of the Energy sector (China).

Frequently Asked Questions

What is China Oilfield Services Limited’s (601808.SS) StockRank?
MoatMap’s StockRank for China Oilfield Services Limited (601808.SS) is 38/100, with a Hold signal. It is a composite of Quality (57), Value (51), and Momentum (22) factor ranks across MoatMap’s 19,000+ stock universe.
Does China Oilfield Services Limited have an economic moat?
China Oilfield Services Limited (601808.SS) has a Quality factor score of 57/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is China Oilfield Services Limited a buy, hold, or sell?
MoatMap’s current signal for China Oilfield Services Limited (601808.SS) is Hold, based on a StockRank of 38/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is China Oilfield Services Limited in?
China Oilfield Services Limited (601808.SS) operates in the Energy sector, specifically the Oil & Gas Equipment & Services industry (China).