Sinopec Oilfield Service (SHSE:600871) EBIT: ¥1,885 Mil (TTM As of Mar. 2026)


SHSE:600871 Sinopec Oilfield Service Corp SHSE:600871
74 GF Score
Price ¥2.05
GF Value ¥2.15
Valuation Fairly Valued
! 5 Warning Signs
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What is Sinopec Oilfield Service EBIT?

Sinopec Oilfield Service SHSE:600871 +0.99% 74 EBIT is ¥1,885 Mil as of Mar. 2026. GuruFocus rates SHSE:600871 with a GF Score™ of 74/100 and a GF Value™ of ¥2.15 (Fairly Valued). The stock has 5 warning signs investors should review.

Sinopec Oilfield Service's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ¥504 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ¥1,885 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sinopec Oilfield Service's annualized ROC % for the quarter that ended in Mar. 2026 was 2.31%. Sinopec Oilfield Service's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sinopec Oilfield Service's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.29%.


Sinopec Oilfield Service  (SHSE:600871) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Sinopec Oilfield Service's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=2656.916 * ( 1 - 40.8% )/( (69245.849 + 67106.085)/ 2 )
=1572.894272/68175.967
=2.31 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=77254.593 - 29842.979 - ( 5008.213 - max(0, 66178.62 - 44344.385+5008.213))
=69245.849

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=76587.659 - 29562.95 - ( 4182.403 - max(0, 64956.401 - 44875.025+4182.403))
=67106.085

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Sinopec Oilfield Service's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2017/( ( (25193.411 + max(-21636.012, 0)) + (24540.136 + max(-19521.574, 0)) )/ 2 )
=2017/( ( 25193.411 + 24540.136 )/ 2 )
=2017/24866.7735
=8.11 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11174.568 + 1125.005 + 3525.095) - (29842.979 + 0 + 7617.701)
=-21636.012

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9929.134 + 2102.082 + 4088.544) - (29562.95 + 0 + 6078.384)
=-19521.574

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Sinopec Oilfield Service's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1884.897/57205.642
=3.29 %

* 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 EBIT Related Terms


Sinopec Oilfield Service EBIT Historical Data

* Premium members only.

The historical data trend for Sinopec Oilfield Service's EBIT 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.

Sinopec Oilfield Service EBIT Chart

Sinopec Oilfield Service Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,217.28 1,433.67 1,733.36 1,881.78 1,930.19

Sinopec Oilfield Service Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 549.54 611.21 520.50 248.94 504.25

SHSE:600871 vs NE, RIG, VAL: EBIT Comparison

For the Oil & Gas Drilling subindustry, Sinopec Oilfield Service's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sinopec Oilfield Service EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sinopec Oilfield Service's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sinopec Oilfield Service's EV-to-EBIT falls into.


SHSE:600871
74GF Score
Sinopec Oilfield Service Corp SHSE:600871
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinopec Oilfield Service EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,885 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ¥1,885 Mil mean?
Sinopec Oilfield Service (SHSE:600871) has a EBIT of ¥1,885 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sinopec Oilfield Service.
Is Sinopec Oilfield Service's EBIT too high?
Sinopec Oilfield Service's current EBIT is ¥1,885 Mil. Overall, Sinopec Oilfield Service has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinopec Oilfield Service's EBIT compare to NE and RIG?
Sinopec Oilfield Service's EBIT of ¥1,885 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Sinopec Oilfield Service. Sinopec Oilfield Service's current EBIT is ¥1,885 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinopec Oilfield Service stock overvalued right now?
Based on GuruFocus' analysis, Sinopec Oilfield Service (SHSE:600871) is currently considered Fairly Valued. The stock's GF Value™ is ¥2.15, compared to a current price of ¥2.05 — trading 4.7% below its estimated fair value. The current EBIT is ¥1,885 Mil. Sinopec Oilfield Service's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Sinopec Oilfield Service (SHSE:600871), the current EBIT is ¥1,885 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sinopec Oilfield Service (SHSE:600871) Overvalued in 2026?

Based on GuruFocus' analysis, Sinopec Oilfield Service stock appears to be undervalued. The current stock price of ¥2.05 is trading 4.7% below its estimated GF Value™ of ¥2.15. GuruFocus considers Sinopec Oilfield Service to be Fairly Valued.

Key valuation signals for SHSE:600871:

  • EBIT: ¥1,885 Mil
  • GF Value™: ¥2.15 vs. price of ¥2.05 (4.7% below fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the SHSE:600871 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sinopec Oilfield Service Business Description

Industry EnergyOil & Gas
Other Exchanges 01033:Hong KongYIZH:Germany
Address No. 9 Jishikou Road, Changyang District, Beijing, CHN, 100728
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.
74GF Score

Get the complete analysis for SHSE:600871

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥2.05
Price
¥2.15
GF Value