Sinopec Oilfield Service Corporation
Sinopec Oilfield Service Corporation (HKSE: 1033) is trading at HK$0.65, about ₹8 at today's HKD/INR rate, as of 30 Sep 2026, 4:08 AM ET, up 0.78% today. Indian residents can buy Sinopec Oilfield Service from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$0.65
Today's high
HK$0.66
52 week low
HK$0.56
52 week high
HK$1.88
1033 opened at HK$0.66, closed previously at HK$0.65, and has traded between HK$0.56 and HK$1.88 over the past 52 weeks.
About
Sinopec Oilfield Service Corporation delivers a comprehensive suite of engineering and technological services to the petroleum sector. Its diverse operations are structured into six principal divisions: The Geophysics division specializes in both land and sea-based subsurface exploration and development, providing related technical expertise. The Drilling Engineering unit covers the planning, execution, and technical support for drilling operations on land and offshore, along with supplying necessary drilling equipment. The Logging and Mud Logging segment manages onshore and offshore projects that involve gathering, monitoring, transmitting, processing, and interpreting subsurface data, critical for evaluating oil, gas, geological formations, and engineering specifics within wellbores. Special Down-Hole Operations focuses on delivering specialized technical and construction interventions within the wellbore, encompassing services like well testing, repairs, horizontal drilling, fracturing, acid treatments, and other bespoke assignments. The Engineering Construction division offers extensive services from initial feasibility studies through to design, procurement, and actual construction. This covers a vast array of undertakings including onshore and offshore oil and gas developments, extensive pipeline networks, oil and gas processing and transportation infrastructure, storage facilities, petrochemical support structures, liquefied natural gas (LNG) facilities, general building construction, water resource and hydroelectric power initiatives, port and waterway improvements, and electrical transmission and distribution systems. Furthermore, this segment is involved in manufacturing pressure vessels, coal chemical engineering, harnessing geothermal energy, implementing energy efficiency measures, and developing municipal roads and bridges. Tracing its roots back to Sinopec Yizheng Chemical Fibre Company Limited before its rebranding in March 2015, the firm is headquartered in Beijing, China, and functions as a subsidiary of the China Petrochemical Corporation.
Key statistics
Avg. volume
39.45M
Market cap
HK$33.74B
P/E Ratio
58.50
Price-to-sales ratio
0.35
Enterprise value
CN¥36.59B
Free cash flow yield
32.80%
Debt-to-equity ratio
3.40
Return on equity
7.12%
ROIC
2.60%
Beta
0.57
Dividend yield
0.00%
Last dividend
HK$0.00
Financial overview
Revenue
CN¥80.71B
Earnings per share
CN¥0.04
Free cash flow
CN¥3.88B
Net profit margin
0.83%
Gross margin
8.10%
EBITDA
CN¥5.66B
Revenue growth
-0.47%
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This is not an investment recommendation
How to buy Sinopec Oilfield Service from India
Indian residents can buy Sinopec Oilfield Service shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to HKD.
Search for Sinopec Oilfield Service and place an order
Find Sinopec Oilfield Service by name or by its ticker, 1033, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. Sinopec Oilfield Service trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Sinopec Oilfield Service position in HKD and INR. Sinopec Oilfield Service pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Sinopec Oilfield Service from India
Trading and taxes when buying Sinopec Oilfield Service from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm HKT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneSinopec Oilfield Service does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Sinopec Oilfield Service stock?
Yes. Sinopec Oilfield Service (1033) has been listed on the Hong Kong Stock Exchange since 1994, in the Oil & Gas Drilling industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to HKD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Sinopec Oilfield Service share cost in rupees?
One Sinopec Oilfield Service share is HK$0.65 — about ₹8 at an HKD/INR rate of 12.24 on 29 Sep 2026. Both the Sinopec Oilfield Service price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Sinopec Oilfield Service from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
What is the minimum I can buy of Sinopec Oilfield Service?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on Sinopec Oilfield Service shares taxed in India?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the HKD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Sinopec Oilfield Service price. Paasa issues a capital-gains statement for your return.
Does Sinopec Oilfield Service pay a dividend?
No. Sinopec Oilfield Service does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Sinopec Oilfield Service from India?
The Hong Kong Stock Exchange trades 7:00 am – 1:30 pm IST in Indian time. It also halts for lunch, 9:30 am – 10:30 am IST. Orders can only execute during that window.
Is Sinopec Oilfield Service a Hong Kong SAR China company, and does that change how it is taxed?
Sinopec Oilfield Service trades on the Hong Kong Stock Exchange in HKD, but the company is domiciled in China. Sinopec Oilfield Service trades as an ordinary share listed directly in Hong Kong, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Sinopec Oilfield Service shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Sinopec Oilfield Service holding, its cost and its closing value.
How do I sell Sinopec Oilfield Service and bring the money back to India?
You sell during market hours (7:00 am – 1:30 pm IST) and the proceeds settle in HKD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.