Sinopec Oilfield Service (SHSE:600871) Research & Development: ¥2,255 Mil (TTM As of Mar. 2026)


SHSE:600871 Sinopec Oilfield Service Corp SHSE:600871
74 GF Score
Price ¥2.03
GF Value ¥2.15
Valuation Fairly Valued
! 5 Warning Signs
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What is Sinopec Oilfield Service Research & Development?

Sinopec Oilfield Service SHSE:600871 -0.98% 74 Research & Development is ¥2,255 Mil as of Mar. 2026. GuruFocus rates SHSE:600871 with a GF Score™ of 74/100 and a GF Value™ of ¥2.15 (Fairly Valued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Sinopec Oilfield Service's Research & Development for the three months ended in Mar. 2026 was ¥259 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ¥2,255 Mil.

Sinopec Oilfield Service  (SHSE:600871) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Sinopec Oilfield Service Research & Development Related Terms

Sinopec Oilfield Service Research & Development Historical Data

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The historical data trend for Sinopec Oilfield Service's Research & Development 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 Research & Development Chart

Sinopec Oilfield Service Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,669.71 1,838.97 2,083.80 2,247.11 2,282.81

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
Research & Development 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 287.39 595.15 460.12 940.16 259.29
SHSE:600871
74GF Score
Sinopec Oilfield Service Corp SHSE:600871
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinopec Oilfield Service Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥2,255 Mil.

* 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 Research & Development →
What does a Research & Development of ¥2,255 Mil mean?
Sinopec Oilfield Service (SHSE:600871) has a Research & Development of ¥2,255 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Sinopec Oilfield Service and its competitors.
Is Sinopec Oilfield Service's Research & Development too high?
Sinopec Oilfield Service's current Research & Development is ¥2,255 Mil. Overall, Sinopec Oilfield Service has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sinopec Oilfield Service's Research & Development compare to NE and RIG?
Sinopec Oilfield Service's Research & Development of ¥2,255 Mil 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 Research & Development for an Oil & Gas company?
A good Research & Development depends on the Oil & Gas industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Sinopec Oilfield Service and its competitors. Sinopec Oilfield Service's current Research & Development is ¥2,255 Mil. 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 ¥2.15, compared to a current price of ¥2.03 — trading 5.6% below its estimated fair value. The current Research & Development is ¥2,255 Mil. Sinopec Oilfield Service's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Sinopec Oilfield Service (SHSE:600871), the current Research & Development is ¥2,255 Mil 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 ¥2.03 is trading 5.6% below its estimated GF Value™ of ¥2.15. GuruFocus considers Sinopec Oilfield Service to be Fairly Valued.

Key valuation signals for SHSE:600871:

  • Research & Development: ¥2,255 Mil
  • GF Value™: ¥2.15 vs. price of ¥2.03 (5.6% below fair value)
  • GF Score™: 74/100 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.
74GF Score

Get the complete analysis for SHSE:600871

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥2.03
Price
¥2.15
GF Value