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CHOLF (China Oilfield Services) Net Margin % : 7.66% (As of Sep. 2024)


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What is China Oilfield Services Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. China Oilfield Services's Net Income for the three months ended in Sep. 2024 was $120 Mil. China Oilfield Services's Revenue for the three months ended in Sep. 2024 was $1,573 Mil. Therefore, China Oilfield Services's net margin for the quarter that ended in Sep. 2024 was 7.66%.

The historical rank and industry rank for China Oilfield Services's Net Margin % or its related term are showing as below:

CHOLF' s Net Margin % Range Over the Past 10 Years
Min: -75.61   Med: 5.58   Max: 22.22
Current: 6.6


CHOLF's Net Margin % is ranked better than
58.27% of 949 companies
in the Oil & Gas industry
Industry Median: 3.73 vs CHOLF: 6.60

China Oilfield Services Net Margin % Historical Data

The historical data trend for China Oilfield Services's Net Margin % 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.

* Premium members only.

China Oilfield Services Net Margin % Chart

China Oilfield Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.04 9.33 1.07 6.61 6.83

China Oilfield Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % 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 8.79 5.07 6.26 7.73 7.66

Competitive Comparison of China Oilfield Services's Net Margin %

For the Oil & Gas Equipment & Services subindustry, China Oilfield Services's Net Margin %, along with its competitors' market caps and Net Margin % 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.


China Oilfield Services's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Oilfield Services's Net Margin % distribution charts can be found below:

* The bar in red indicates where China Oilfield Services's Net Margin % falls into.



China Oilfield Services Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

China Oilfield Services's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=422.013/6177.504
=6.83 %

China Oilfield Services's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=120.456/1573.333
=7.66 %

* 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.


China Oilfield Services  (OTCPK:CHOLF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


China Oilfield Services Net Margin % Related Terms

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China Oilfield Services Business Description

Traded in Other Exchanges
Address
201 Haiyou Avenue, Yanjiao Economic & Technological Development Zone, Hebei Province, Sanhe City, CHN, 065201
China Oilfield Services Ltd is engaged in the provision of oilfield services including drilling services, well services, marine support services, and geophysical acquisition and surveying services. It operates in four segments namely the drilling services segment offers oilfield drilling services, the well services segment offers logging and downhole services, the marine support services segment is engaged in the transportation of materials, supplies, and personnel to offshore facilities, moving and positioning drilling structures, and the geophysical acquisition and surveying services segment is engaged in the provision of offshore seismic data acquisition and marine surveying.