Xikun Chen - Sinopec Oilfield Deputy General Manager

YZCFF Stock  USD 0.07  0.00  0.00%   

Executive

Xikun Chen is Deputy General Manager of Sinopec Oilfield Service since 2019.
Age 57
Tenure 5 years
Phone86 10 5996 5998
Webhttps://ssc.sinopec.com

Sinopec Oilfield Management Efficiency

Sinopec Oilfield's management efficiency ratios could be used to measure how well Sinopec Oilfield manages its routine affairs as well as how well it operates its assets and liabilities.
Sinopec Oilfield Service has accumulated 1.55 B in total debt with debt to equity ratio (D/E) of 2.92, implying the company greatly relies on financing operations through barrowing. Sinopec Oilfield Service has a current ratio of 0.64, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Sinopec Oilfield until it has trouble settling it off, either with new capital or with free cash flow. So, Sinopec Oilfield's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Sinopec Oilfield Service sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Sinopec to invest in growth at high rates of return. When we think about Sinopec Oilfield's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

EXECUTIVE Age

Joey KawajaNoble plc
50
David KeddingtonTransocean
N/A
Blake DentonNoble plc
45
Paul JohnsonTransocean
N/A
Benjamin WisemanSeadrill Limited
N/A
Janelle DanielTransocean
N/A
Brady JDTransocean
51
Lexington MayTransocean
N/A
Sandro ThomaTransocean
N/A
Marcel WieggersSeadrill Limited
51
Kirk AtkinsonNoble plc
N/A
Marika ReisNoble plc
N/A
Samir AliSeadrill Limited
38
John CFASeadrill Limited
44
Todd JDSeadrill Limited
46
Ian MacPhersonNoble plc
N/A
Robert VaydaTransocean
N/A
Tine HansenNoble plc
49
Roddie MackenzieTransocean
N/A
Mikkel IpsenNoble plc
51
B MgtTransocean
49
Sinopec Oilfield Service Corporation provides petroleum engineering and technology services. Sinopec Oilfield Service Corporation is a subsidiary of China Petrochemical Corporation. Sinopec Yizheng operates under Oil Gas Drilling classification in the United States and is traded on OTC Exchange. It employs 69232 people. Sinopec Oilfield Service [YZCFF] is a Pink Sheet which is traded between independent brokers as part of over-the-counter (OTC) trading.

Management Performance

Sinopec Oilfield Service Leadership Team

Elected by the shareholders, the Sinopec Oilfield's board of directors comprises two types of representatives: Sinopec Oilfield inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sinopec. The board's role is to monitor Sinopec Oilfield's management team and ensure that shareholders' interests are well served. Sinopec Oilfield's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sinopec Oilfield's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kun Du, Deputy Mang
Xikun Chen, Deputy General Manager
Zhongyi Cheng, CFO Board
Bingxiang Sun, Deputy Mang
Yaojiu Zuo, Deputy General Manager
Jianqiang Yuan, General Manager, Director
Zehong Shen, Company Sec
Jinhong Zhang, Deputy Mang
Yongjie Zhang, Deputy Mang
Defang Pei, Ma Department

Sinopec Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Sinopec Oilfield a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Sinopec Pink Sheet

Sinopec Oilfield financial ratios help investors to determine whether Sinopec Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sinopec with respect to the benefits of owning Sinopec Oilfield security.