Sinopec Oilfield Service (SHSE:600871) Other Operating Expense : ¥1,780 Mil (TTM As of Mar. 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 Mar. 2024 was ¥73 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,780 Mil.

Sinopec Oilfield Service's quarterly Other Operating Expense increased from Sep. 2023 (¥-741 Mil) to Dec. 2023 (¥1,600 Mil) but then declined from Dec. 2023 (¥1,600 Mil) to Mar. 2024 (¥73 Mil).

Sinopec Oilfield Service's annual Other Operating Expense increased from Dec. 2021 (¥1,616 Mil) to Dec. 2022 (¥1,939 Mil) but then declined from Dec. 2022 (¥1,939 Mil) to Dec. 2023 (¥1,761 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

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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1,959.77

1,636.27

1,616.26

1,939.40

1,761.40

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
Other Operating Expense	Get a 7-Day Free Trial															54.29	848.15	-741.32	1,600.28	72.68

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,780 Mil.

Sinopec Oilfield Service Other Operating Expense 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 » Other Operating Expense

Comparable Companies

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.

Sinopec Oilfield Service (SHSE:600871) Headlines

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