Sinopec Oilfield Service (SHSE:600871) LT-Debt-to-Total-Asset: 0.02 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:600871 Sinopec Oilfield Service Corp SHSE:600871
73 GF Score
Price ¥2.04
GF Value ¥2.17
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Sinopec Oilfield Service LT-Debt-to-Total-Asset?

Sinopec Oilfield Service SHSE:600871 -0.49% 73 LT-Debt-to-Total-Asset is 0.02 as of Mar. 2026. GuruFocus rates SHSE:600871 with a GF Score™ of 73/100 and a GF Value™ of ¥2.17 (Fairly Valued). The stock has 5 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Sinopec Oilfield Service's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.02.

Sinopec Oilfield Service's long-term debt to total assets ratio increased from Mar. 2025 (0.01) to Mar. 2026 (0.02). It may suggest that Sinopec Oilfield Service is progressively becoming more dependent on debt to grow their business.


Sinopec Oilfield Service  (SHSE:600871) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


Sinopec Oilfield Service LT-Debt-to-Total-Asset Related Terms


Sinopec Oilfield Service LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Sinopec Oilfield Service's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Sinopec Oilfield Service Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.01 0.01 0.00 0.02

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
LT-Debt-to-Total-Asset 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 0.01 0.01 0.01 0.02 0.02
SHSE:600871
73GF Score
Sinopec Oilfield Service Corp SHSE:600871
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sinopec Oilfield Service LT-Debt-to-Total-Asset Calculation

Sinopec Oilfield Service's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )/Total Assets (A: Dec. 2025 )
=1448.44/77254.593
=0.02

Sinopec Oilfield Service's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )/Total Assets (Q: Mar. 2026 )
=1632.405/76587.659
=0.02

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.02 mean?
Sinopec Oilfield Service (SHSE:600871) has a LT-Debt-to-Total-Asset of 0.02 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Sinopec Oilfield Service and its competitors.
Is Sinopec Oilfield Service's LT-Debt-to-Total-Asset too high?
Sinopec Oilfield Service's current LT-Debt-to-Total-Asset is 0.02. Overall, Sinopec Oilfield Service has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinopec Oilfield Service's LT-Debt-to-Total-Asset compare to NE and RIG?
Sinopec Oilfield Service's LT-Debt-to-Total-Asset of 0.02 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 LT-Debt-to-Total-Asset for an Oil & Gas company?
A good LT-Debt-to-Total-Asset depends on the Oil & Gas industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Sinopec Oilfield Service and its competitors. Sinopec Oilfield Service's current LT-Debt-to-Total-Asset is 0.02. 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 ¥2.17, compared to a current price of ¥2.04 — trading 6% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.02. Sinopec Oilfield Service's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Sinopec Oilfield Service (SHSE:600871), the current LT-Debt-to-Total-Asset is 0.02 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 ¥2.04 is trading 6% below its estimated GF Value™ of ¥2.17. GuruFocus considers Sinopec Oilfield Service to be Fairly Valued.

Key valuation signals for SHSE:600871:

  • LT-Debt-to-Total-Asset: 0.02
  • GF Value™: ¥2.17 vs. price of ¥2.04 (6% below fair value)
  • GF Score™: 73/100 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.
73GF Score

Get the complete analysis for SHSE:600871

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥2.04
Price
¥2.17
GF Value