CNOOC Limited Valuation

CNOOC Investor Information

The company has price-to-book (P/B) ratio of 0.9. Some equities with similar Price to Book (P/B) outperform the market in the long run. CNOOC Limited recorded earning per share (EPS) of 11.5. The entity last dividend was issued on the 2nd of September 2020. Based on the measurements of operating efficiency obtained from CNOOC's historical financial statements, CNOOC Limited is not in a good financial situation at the moment. It has a very high risk of going through financial straits in March.

CNOOC Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. CNOOC has an asset utilization ratio of 4.57 percent. This suggests that the Company is making $0.0457 for each dollar of assets. An increasing asset utilization means that CNOOC Limited is more efficient with each dollar of assets it utilizes for everyday operations.

CNOOC Ownership Allocation

CNOOC holds a total of 446.48 Million outstanding shares. Almost 97.88 percent of CNOOC outstanding shares are held by general public with 2.12 % by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

CNOOC Profitability Analysis

The company reported the last year's revenue of 30.35 B. Total Income to common stockholders was 5.15 B with profit before taxes, overhead, and interest of 179.33 B.

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.

Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

If you are still planning to invest in CNOOC Limited check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CNOOC's history and understand the potential risks before investing.