China Oilfield Services Limited

China Oilfield Services Limited - Current Ratioverified

2883.HK

Price:

$7.66

Market Cap:

$47.64B

China Oilfield Services Limited (COSL), a subsidiary of China National Offshore Oil Corporation, is headquartered in Sanhe, China, and, along with its various operating units, delivers a comprehensive suite of offshore oilfield services both within Mainland China and across global markets. Its operations are structured into four primary divisions: Drilling Services, Well Services, Marine Support Services, and Geophysical Acquisition and Surveying Services. The Drilling Services segment specializes in offering various drilling rig solutions, including those for jack-up, semi-submersible, modular, and land-based operations. This also encompasses casing and tubing services, alongside the inspec...[Read more]

Industry

Oil & Gas Equipment & Services

IPO Date

2002-11-20

Stock Exchange

HKSE

Ticker

2883.HK

The Current Ratio as of October 2026 (TTM) for China Oilfield Services Limited (2883.HK) is 1.33

According to China Oilfield Services Limited’s latest financial reports and current stock price. The company's current Current Ratio is 1.33. This represents a change of 12.77% compared to the average of 1.18 of the last 4 quarters.

China Oilfield Services Limited (2883.HK) Historical Current Ratio (quarterly & annually)

How has 2883.HK Current Ratio performed in the past?

The mean historical Current Ratio of China Oilfield Services Limited over the last ten years is 1.27. The current 1.33 Current Ratio has changed 10.34% with respect to the historical average. Over the past ten years (40 quarters), 2883.HK's Current Ratio was at its highest in in the September 2020 quarter at 1.75. The Current Ratio was at its lowest in in the June 2025 quarter at 0.95.

Quarterly (TTM)
Annual

Average

1.27

Median

1.28

Minimum

0.97

Maximum

1.65

China Oilfield Services Limited (2883.HK) Current Ratio by Quarter and Year

Discovering the peaks and valleys of China Oilfield Services Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 34.30%

Maximum Annual Current Ratio = 1.65

Minimum Annual Increase = -26.35%

Minimum Annual Current Ratio = 0.97

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.069.14%
20240.97-25.26%
20231.30-1.87%
20221.3214.93%
20211.15-26.35%
20201.5634.30%
20191.16-8.99%
20181.28-22.52%
20171.6527.75%
20161.29-0.92%

China Oilfield Services Limited (2883.HK) Average Current Ratio

How has 2883.HK Current Ratio performed in the past?

The current Current Ratio of China Oilfield Services Limited (2883.HK) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.11

5-year avg

1.16

10-year avg

1.27

China Oilfield Services Limited (2883.HK) Current Ratio vs. Peers

How is 2883.HK’s Current Ratio compared to its peers?

China Oilfield Services Limited’s Current Ratio is less than CNOOC Energy Technology & Services Limited (1.72), greater than Sinopec Oilfield Service Corporation Class A (0.72), less than Yantai Jereh Oilfield Services Group Co., Ltd. (2.49), greater than XinJiang Beiken Energy Engineering Co.,Ltd. (1.20), greater than Xinjiang Zhundong Petroleum Technology Co., Ltd. (0.67), greater than Zhongman Petroleum and Natural Gas Group Corp., Ltd. (0.93), greater than Sinopec Oilfield Equipment Corporation (1.24), less than China Oil HBP Science & Technology Co., Ltd (1.65), less than BOMESC Offshore Engineering Company Limited (2.14), less than Lanpec Technologies Limited (1.53),

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