5.06
+0.20%
Close of 9 Nov 2026, in CNY
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About Sinopec Oilfield Equipment
Its shares trade on Shenzhen under the ticker 000852.SZ. It has been listed since 26 November 1998. In the fiscal year to 31 December 2025, it reported revenue of CN¥7.20bn and net income of CN¥10.9m. At that date it held total assets of CN¥10.44bn and shareholders' equity of CN¥3.13bn.
Sinopec Oilfield Equipment Corp. engages in the manufacture and sale of petroleum and natural gas and mining drill bits & petroleum machinery accessories. The company is headquartered in Wuhan, Hubei. The Company’s main products include cone bits and diamond bits, oil rigs, cementing equipment, fracturing equipment, workover rigs, coiled tubing equipment, pressure equipment, natural gas compressors, water treatment equipment, oil and gas pipelines and down hole tools, among others. The firm also provides services, such as petroleum equipment inspection and natural gas pressurization. The firm distributes its products within domestic market and to overseas markets.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Energy
- Industry
- Energy Equipment & Services
- Listed since
- 26 Nov 1998
- Employees
- 5,020
- Website
- sofe.sinopec.com/sofe ↗
Leadership
Pay as last reported
- Mr. Junqiao WangChairman of the Board, General Manager, since 2021
- Mr. Gang WeiChief Financial Officer
- Mr. Qingqun WangGeneral Counsel, Deputy General Manager
- Mr. Qiang LiuDeputy General Manager
- Mr. Lingyong PanDeputy General Manager
- Mr. Wuhong WangSecretary of the Board
- Mr. Xiaodong GuanDirector
- Ms. Liping HanDirector
- Mr. Bingxiang SunDirector
- Ms. Lili ZhangDirector
- Mr. Wei GuoIndependent Director
- Mr. Shizhao WangIndependent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Sinopec Oilfield Equipment Corp. manufactures cone bits and diamond bits for oil and gas drilling.
- The company employs 5,020 full-time employees in Wuhan, Hubei, supporting domestic and overseas markets.
- Sinopec offers a wide range of petroleum machinery accessories including oil rigs and cementing equipment.
Weaknesses
- The company's business is limited to manufacturing and selling drill bits and petroleum machinery accessories.
- Sinopec's operations are concentrated in Wuhan, Hubei, with no mention of global expansion.
- The firm relies solely on domestic and overseas markets without specifying market share or growth.
Opportunities
- Expanding into natural gas compressors and water treatment equipment could increase market share.
- Growing demand for oil and gas pipelines in China presents a significant opportunity.
- Increasing global demand for petroleum machinery accessories offers new revenue streams.
Threats
- Overreliance on the domestic market may limit growth potential in international markets.
- Competition from other manufacturers in the Energy sector could reduce market share.
- Economic downturns in China might affect the demand for oil and gas equipment.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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