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Sinopec Oilfield Equipment Corporation (China)

Main Activities: Mining and Oil and Gas Field Machinery Manufacturing
Full name: Sinopec Oilfield Equipment Corporation Profile Updated: January 22, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English & Chinese Download a sample report

It is a national grade 1 and national key high-tech enterprise. The company is the largest in Asia and world advanced oil drill bits, twist drill head R&D and manufacturing base. Under the company there are one division, a branch and six subsidiaries, which engages in oil drill, mining bits, twist drill, carbide, PDC, oil equipment, polymer materials and devices, wood, paper, natural gas, fine chemical, product development, manufacturing and services. The company owns 60% domestic market share of oil drill bit and export its products to the United States, Canada, Russia, Iran and other more than 20 countries and regions.

Headquarters
5 Huagongyuan 1 Rd. Donghu New Tech. Dev. Pk. Wuhan Hb
Wuhan; Hubei; Postal Code: 430205

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Website: http://sofe.sinopec.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
September 28, 1998
Key Executives
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Chairman
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Director
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Director
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Director
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General Manager
Ownership Details
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48.54%
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3.99%
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2.99%
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2.74%
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1.56%
Subsidiaries
Jingzhou Century Paichuang Petroleum Machinery Testing Co., Ltd.
100%
King dream USA,Inc
100%
Shanghai Longtai Asset Management Co., Ltd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
16.91%
Total operating revenue
17.26%
Operating profit (EBIT)
103.01%
EBITDA
62.68%
Net Profit (Loss) for the Period
80.6%
Total assets
13.65%
Total equity
53.58%
Operating Profit Margin (ROS)
0.55%
Net Profit Margin
0.4%
Return on Equity (ROE)
0.3%
Debt to Equity Ratio
-69.49%
Quick Ratio
0.17%
Cash Ratio
0.08%

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