What is Sinopec Oilfield Service Cash Flow from Financing?
Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.
For the
three
months ended in Mar. 2024,
Sinopec Oilfield Service paid¥0 Mil more to buy back shares than it received from issuing new shares.
It received¥368 Mil from issuing more debt.
It paid¥0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spent¥156 Mil paying cash dividends to shareholders.
It spent¥130 Mil on other financial activities.
In all, Sinopec Oilfield Serviceearned¥81 Mil on financial activities for the
three
months ended in Mar. 2024.
Sinopec Oilfield Service Cash Flow from Financing Historical Data
The historical data trend for Sinopec Oilfield Service's Cash Flow from Financing can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
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Sinopec Oilfield Service Cash Flow from Financing Chart
Sinopec Oilfield Service Cash Flow from Financing Calculation
This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.
Sinopec Oilfield Service's Cash from Financing for the fiscal year that ended in Dec. 2023 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-1,306 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Sinopec Oilfield Service (SHSE:600871) Cash Flow from Financing Explanation
Cash from financing contains six items:
1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.
Sinopec Oilfield Service's issuance of stock for the
three
months ended in Mar. 2024 was ¥0 Mil.
2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.
Sinopec Oilfield Service's repurchase of stock for the
three
months ended in Mar. 2024 was ¥0 Mil.
3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.
Sinopec Oilfield Service's net issuance of debt for the
three
months ended in Mar. 2024 was ¥368 Mil.
Sinopec Oilfield Service received¥368 Mil from issuing more debt.
4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.
Sinopec Oilfield Service's net issuance of preferred for the
three
months ended in Mar. 2024 was ¥0 Mil.
Sinopec Oilfield Service paid¥0 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
Sinopec Oilfield Service's cash flow for dividends for the
three
months ended in Mar. 2024 was ¥-156 Mil.
Sinopec Oilfield Service spent¥156 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Sinopec Oilfield Service's other financing for the
three
months ended in Mar. 2024 was ¥-130 Mil.
Sinopec Oilfield Service spent¥130 Mil on other financial activities.
Sinopec Oilfield Service Cash Flow from Financing Related Terms
Thank you for viewing the detailed overview of Sinopec Oilfield Service's Cash Flow from Financing provided by GuruFocus.com. Please click on the following links to see related term pages.
Sinopec Oilfield Service (SHSE:600871) Business Description
Sinopec Oilfield Service Corp engages in the provision of onshore and offshore oil and natural gas, exploration, provision of contracting, design, and construction services for the oil and gas projects. It operates through five segments: Geophysics, which provides technical and development, exploration geophysical services; Drilling engineering segment, which provides drilling design, and construction, technical services; Logging and mud logging segment; Special downhole segment, which provides oil engineering technical and construction services; and Engineering construction segment, which provides a package of services, including feasibility studies, procurement, and others. Its geographical segments are, The PRC, Middle East and Other countries.
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