Sinopec Oilfield Service (SHSE:600871) Ending Cash Position : ¥1,856 Mil (As of Mar. 2024)

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What is Sinopec Oilfield Service Ending Cash Position?

Sinopec Oilfield Service's Ending Cash Position for the quarter that ended in Mar. 2024 was ¥1,856 Mil.

Sinopec Oilfield Service's quarterly Ending Cash Position increased from Sep. 2023 (¥2,014 Mil) to Dec. 2023 (¥2,789 Mil) but then declined from Dec. 2023 (¥2,789 Mil) to Mar. 2024 (¥1,856 Mil).

Sinopec Oilfield Service's annual Ending Cash Position declined from Dec. 2021 (¥2,475 Mil) to Dec. 2022 (¥1,801 Mil) but then increased from Dec. 2022 (¥1,801 Mil) to Dec. 2023 (¥2,789 Mil).

Sinopec Oilfield Service Ending Cash Position Historical Data

The historical data trend for Sinopec Oilfield Service's Ending Cash Position 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 Ending Cash Position Chart

Sinopec Oilfield Service Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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1,650.73

1,523.35

2,475.31

1,801.15

2,788.80

Sinopec Oilfield Service Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial															1,837.08	1,759.81	2,013.93	2,788.80	1,855.81

Sinopec Oilfield Service Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Sinopec Oilfield Service's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	1801.15	+	987.648
	=	2,789

Sinopec Oilfield Service's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	2788.798	+	-932.99
	=	1,856

Sinopec Oilfield Service Ending Cash Position Related Terms

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Sinopec Oilfield Service (SHSE:600871) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinopec Oilfield Service Corp (SHSE:600871) » Definitions » Ending Cash Position

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Traded in Other Exchanges

YZCFF:USA 01033:Hong Kong YIZH:Germany

Address

No. 9 Jishikou Road, Changyang District, Beijing, CHN, 100728

Website

https://ssc.sinopec.com

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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