Sinopec Oilfield Equipment Corp operates within the Oil and gas field machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sinopec Oilfield Equipment Corp with three other
companies in this sector in China:
Honghua Group Limited
sales of 2.34 billion Chinese Renmimbi [US$346.34 million]
of which 49%
was Parts and Components),
Hilong Holding Limited
(1.93 billion Chinese Renmimbi [US$285.07 million]
of which 40%
was Oilfield equipment manufacturing and ser), and
Yantai Jereh Oilfield Services Group Co Limited
(2.83 billion Chinese Renmimbi [US$418.74 million]
of which 83%
was Oil Field Special Equipment Manufacturin).
During the year ended December of 2016, sales at
Sinopec Oilfield Equipment Corp were 3.44 billion Chinese Renmimbi (US$508.98 million).
decrease of 32.4%
versus 2015, when the company's sales were 5.10 billion Chinese Renmimbi.
Contributing to the drop in overall sales was the 47.9% decline
in Oil and Gas Pipeline, from 1.20 billion Chinese Renmimbi to 625.87 million Chinese Renmimbi.
There were also decreases in sales in
Aiguille and Petro Machinery Parts (down 30.3% to 1.96 billion Chinese Renmimbi)
Drilling Tool (down 40.8% to 421.77 million Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Others (up 16.7% to 440.06 million Chinese Renmimbi)