CNOOC Financials
| 600938 Stock | 29.12 0.33 1.12% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Operating Income | 117.5 B | 223.1 B |
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CNOOC | Select Account or Indicator |
Understanding current and past CNOOC Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of CNOOC's financial statements are interrelated, with each one affecting the others. For example, an increase in CNOOC's assets may result in an increase in income on the income statement.
Please note, the presentation of CNOOC's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, CNOOC's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of CNOOC's management manipulating its earnings.
CNOOC Stock Summary
CNOOC competes with Xiandai Investment, Zhongrun Resources, Jointo Energy, Giantec Semiconductor, and Henan Shuanghui. CNOOC is entity of China. It is traded as Stock on SHG exchange.Specialization | Energy, Oil & Gas E&P |
| Instrument | China Stock View All |
| Exchange | Shanghai Stock Exchange |
| Business Address | Bank of China |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.cnoocltd.com |
| Phone | 852 2213 2500 |
You should never invest in CNOOC without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of CNOOC Stock, because this is throwing your money away. Analyzing the key information contained in CNOOC's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
CNOOC Key Financial Ratios
CNOOC's financial ratios allow both analysts and investors to convert raw data from CNOOC's financial statements into concise, actionable information that can be used to evaluate the performance of CNOOC over time and compare it to other companies across industries.| Revenue | 435.82 B | ||||
| Gross Profit | 333.21 B | ||||
| EBITDA | 265.73 B | ||||
| Net Income | 141.7 B | ||||
| Total Asset | 929.03 B |
CNOOC Key Balance Sheet Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Intangible Assets | 1.0B | 1.1B | 1.6B | 1.5B | 1.8B | 1.5B |
CNOOC Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 3.5B | 3.2B | 3.1B | 2.4B | 2.2B | 2.9B |
CNOOC Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CNOOC's current stock value. Our valuation model uses many indicators to compare CNOOC value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CNOOC competition to find correlations between indicators driving CNOOC's intrinsic value. More Info.CNOOC Limited is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.53 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for CNOOC Limited is roughly 1.87 . Comparative valuation analysis is a catch-all model that can be used if you cannot value CNOOC by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for CNOOC's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.CNOOC Limited Systematic Risk
CNOOC's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. CNOOC volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on CNOOC Limited correlated with the market. If Beta is less than 0 CNOOC generally moves in the opposite direction as compared to the market. If CNOOC Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one CNOOC Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of CNOOC is generally in the same direction as the market. If Beta > 1 CNOOC moves generally in the same direction as, but more than the movement of the benchmark.
CNOOC Limited Total Assets Over Time
CNOOC January 18, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of CNOOC help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of CNOOC Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of CNOOC Limited based on widely used predictive technical indicators. In general, we focus on analyzing CNOOC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CNOOC's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.2 | |||
| Information Ratio | 0.043 | |||
| Maximum Drawdown | 5.97 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 2.42 |
Complementary Tools for CNOOC Stock analysis
When running CNOOC's price analysis, check to measure CNOOC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CNOOC is operating at the current time. Most of CNOOC's value examination focuses on studying past and present price action to predict the probability of CNOOC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNOOC's price. Additionally, you may evaluate how the addition of CNOOC to your portfolios can decrease your overall portfolio volatility.
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