China Oilfield Services Limited

2883
Failed

Company Overview

The company is the largest integrated oilfield service provider in Asia. Services cover all stages of offshore oil and gas exploration, development and production. The company's services run through all stages of oil and gas exploration, development and production. Its main business includes geophysical exploration and engineering survey services, drilling services, oil field technical services, ship services, integration and new energy services. The business is divided into four categories: geophysical collection and engineering survey services, drilling services, oil field technical services, and ship services. Corporate honors: No. 1 in the value ranking of listed companies in China, No. 1 in the advanced ranking of the extractive industry; No. 3 in the best investor relations company in the oil and gas sector; No. 1 best chief financial officer in the oil and gas sector; No. 3 of the best investor relations officers in the oil and gas sector; No. 3 of the best investor relations officers in the oil and gas sector; No. 3 of the best investor relations officers in the oil and gas sector; No. 3 in the oil and gas sector; No. 3 in the best investor relations specialist in the oil and gas sector; No. 3 in the oil and gas sector Listed company value Top 100; China's Top 500 List; Hope Project's 25-Year Outstanding Contribution Award; Most Popular Listed Company Website; 2014 China Listed Company Investor Relations Golden Shield Award Top 10.

Country
HK
Market Cap
$4.88B
Last Fiscal Year
2023
Final Shariah Status
Failed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.41% passed
5% Threshold
0.4%
Liabilities Compliance
51.07% failed
33% Threshold
51.1%
Final Shariah Status
Failed

This stock does not meet all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name China Oilfield Services Limited
Ticker 2883
Main Business Oil & Gas Equipment & Services
Type Common Stock
Industry Oil & Gas Equipment & Services
Country HK
Market Cap $4.88 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Revenue $44,108.6 $0.0 -
Interest income $181.1 $181.1 -
Total $44,289.7 $181.1 0.41% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
bank loans and overdrafts $415,966,386.6 8.52%
other loans current liabilities $347,338,935.6 7.12%
notes payable $1,023,809.5 0.02%
long term bank loan $22,044,817.9 0.45%
convertible notes and bonds $1,705,882,352.9 34.96%
Total Interest-Bearing Debt $2,492,256,302.5 51.07%
Market Capitalization $4,880,076,923.1 100.00%
Compliance Status Threshold: 33% failed