Sinopec Oilfield Service (SHSE:600871) ROCE %: 17.77% (As of Mar. 2026)


SHSE:600871 Sinopec Oilfield Service Corp SHSE:600871
74 GF Score
Price ¥2.07
GF Value ¥2.15
Valuation Fairly Valued
! 5 Warning Signs
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What is Sinopec Oilfield Service ROCE %?

Sinopec Oilfield Service SHSE:600871 +1.97% 74 ROCE % is 17.77% 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Sinopec Oilfield Service's annualized ROCE % for the quarter that ended in Mar. 2026 was 17.77%.

Sinopec Oilfield Service  (SHSE:600871) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Sinopec Oilfield Service ROCE % Related Terms

Sinopec Oilfield Service ROCE % Historical Data

* Premium members only.

The historical data trend for Sinopec Oilfield Service's ROCE % 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 ROCE % Chart

Sinopec Oilfield Service Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.75 16.09 19.48 20.60 19.00

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
ROCE % 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 23.15 24.48 19.74 9.07 17.77
SHSE:600871
74GF Score
Sinopec Oilfield Service Corp SHSE:600871
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sinopec Oilfield Service ROCE % Calculation

Sinopec Oilfield Service's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1930.186/( ( (77340.105 - 68102.795) + (77254.593 - 66178.62) )/ 2 )
=1930.186/( (9237.31+11075.973)/ 2 )
=1930.186/10156.6415
=19.00 %

Sinopec Oilfield Service's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=2017/( ( (77254.593 - 66178.62) + (76587.659 - 64956.401) )/ 2 )
=2017/( ( 11075.973 + 11631.258 )/ 2 )
=2017/11353.6155
=17.77 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 17.77% mean?
Sinopec Oilfield Service (SHSE:600871) has a ROCE % of 17.77% as of Mar. 2026.
Is Sinopec Oilfield Service's ROCE % too high?
Sinopec Oilfield Service's current ROCE % is 17.77%. The Oil & Gas industry median ROCE % is 6.85. Sinopec Oilfield Service's value of 17.77% is 159.4% above this industry median. 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 ROCE % compare to NE and RIG?
Sinopec Oilfield Service's ROCE % of 17.77% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.85. Sinopec Oilfield Service's value of 17.77% is 159.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.85, based on 981 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sinopec Oilfield Service's current ROCE % of 17.77% is 159.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sinopec Oilfield Service's current ROCE % is 17.77%. 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 ¥2.07 — trading 3.7% below its estimated fair value. The current ROCE % is 17.77% and 159.4% above the Oil & Gas industry median of 6.85. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Sinopec Oilfield Service (SHSE:600871), the current ROCE % is 17.77% 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 ¥2.07 is trading 3.7% below its estimated GF Value™ of ¥2.15. GuruFocus considers Sinopec Oilfield Service to be Fairly Valued.

Key valuation signals for SHSE:600871:

  • ROCE %: 17.77%
  • GF Value™: ¥2.15 vs. price of ¥2.07 (3.7% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 159.4% above the Oil & Gas median

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

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

¥2.07
Price
¥2.15
GF Value