Sinopec Oilfield Service (HKSE:01033) Other Operating Expense : HK$2,002 Mil (TTM As of Sep. 2024)

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What is Sinopec Oilfield Service Other Operating Expense?

Sinopec Oilfield Service's Other Operating Expense for the three months ended in Sep. 2024 was HK$-777 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Sep. 2024 was HK$2,002 Mil.

Sinopec Oilfield Service's quarterly Other Operating Expense increased from Mar. 2024 (HK$79 Mil) to Jun. 2024 (HK$881 Mil) but then declined from Jun. 2024 (HK$881 Mil) to Sep. 2024 (HK$-777 Mil).

Sinopec Oilfield Service's annual Other Operating Expense increased from Dec. 2021 (HK$2,055 Mil) to Dec. 2022 (HK$2,234 Mil) but then declined from Dec. 2022 (HK$2,234 Mil) to Dec. 2023 (HK$1,995 Mil).

Sinopec Oilfield Service Other Operating Expense Historical Data

The historical data trend for Sinopec Oilfield Service's Other Operating Expense 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 Other Operating Expense Chart

Sinopec Oilfield Service Annual Data

Trend

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Dec23

Other Operating Expense

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2,233.71

1,441.51

2,055.20

2,234.31

1,995.19

Sinopec Oilfield Service Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Other Operating Expense	Get a 7-Day Free Trial															-821.56	1,818.96	78.95	881.10	-777.06

Sinopec Oilfield Service Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$2,002 Mil.

Sinopec Oilfield Service Other Operating Expense Related Terms

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Sinopec Oilfield Service Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinopec Oilfield Service Corp (HKSE:01033) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

YZCFF:USA YIZH:Germany 600871:China

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.

Executives

China Petrochemical Corporation	2101 Beneficial owner
Yi Fang Da Ji Jin Guan Li You Xian Gong Si
Zhong Guo Guo You Qi Ye Jie Gou Tiao Zheng Ji Jin Gu Fen You Xian Gong Si	2101 Beneficial owner
Hua Xia Ji Jin Guan Li You Xian Gong Si

Sinopec Oilfield Service Headlines

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