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CNOOC Energy Technology & Services SHSE:600968 Stock Report

Last Price

CN¥4.23

Market Cap

CN¥43.0b

7D

4.4%

1Y

5.0%

Updated

18 Jun, 2025

Data

Company Financials +

CNOOC Energy Technology & Services Limited

SHSE:600968 Stock Report

Market Cap: CN¥43.0b

CNOOC Energy Technology & Services (600968) Stock Overview

Operates in the oil and gas industry in China. More details

600968 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends4/6

600968 Community Fair Values

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See what others think this stock is worth. Follow their fair value or set your own to get alerts.

CNOOC Energy Technology & Services Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for CNOOC Energy Technology & Services
Historical stock prices
Current Share PriceCN¥4.23
52 Week HighCN¥4.99
52 Week LowCN¥3.51
Beta0.39
1 Month Change7.63%
3 Month Change7.63%
1 Year Change4.96%
3 Year Change67.19%
5 Year Change79.24%
Change since IPO43.88%

Recent News & Updates

CNOOC Energy Technology & Services Limited's (SHSE:600968) Earnings Are Not Doing Enough For Some Investors

Mar 25
CNOOC Energy Technology & Services Limited's (SHSE:600968) Earnings Are Not Doing Enough For Some Investors

CNOOC Energy Technology & Services (SHSE:600968) Might Have The Makings Of A Multi-Bagger

Mar 08
CNOOC Energy Technology & Services (SHSE:600968) Might Have The Makings Of A Multi-Bagger

CNOOC Energy Technology & Services (SHSE:600968) Seems To Use Debt Rather Sparingly

Jan 28
CNOOC Energy Technology & Services (SHSE:600968) Seems To Use Debt Rather Sparingly

Recent updates

CNOOC Energy Technology & Services Limited's (SHSE:600968) Earnings Are Not Doing Enough For Some Investors

Mar 25
CNOOC Energy Technology & Services Limited's (SHSE:600968) Earnings Are Not Doing Enough For Some Investors

CNOOC Energy Technology & Services (SHSE:600968) Might Have The Makings Of A Multi-Bagger

Mar 08
CNOOC Energy Technology & Services (SHSE:600968) Might Have The Makings Of A Multi-Bagger

CNOOC Energy Technology & Services (SHSE:600968) Seems To Use Debt Rather Sparingly

Jan 28
CNOOC Energy Technology & Services (SHSE:600968) Seems To Use Debt Rather Sparingly

Are Investors Undervaluing CNOOC Energy Technology & Services Limited (SHSE:600968) By 42%?

Jan 10
Are Investors Undervaluing CNOOC Energy Technology & Services Limited (SHSE:600968) By 42%?

CNOOC Energy Technology & Services Limited's (SHSE:600968) Prospects Need A Boost To Lift Shares

Dec 05
CNOOC Energy Technology & Services Limited's (SHSE:600968) Prospects Need A Boost To Lift Shares

CNOOC Energy Technology & Services (SHSE:600968) Is Experiencing Growth In Returns On Capital

Nov 18
CNOOC Energy Technology & Services (SHSE:600968) Is Experiencing Growth In Returns On Capital

Is CNOOC Energy Technology & Services Limited (SHSE:600968) Trading At A 34% Discount?

Oct 02
Is CNOOC Energy Technology & Services Limited (SHSE:600968) Trading At A 34% Discount?

We Think CNOOC Energy Technology & Services (SHSE:600968) Can Manage Its Debt With Ease

Sep 15
We Think CNOOC Energy Technology & Services (SHSE:600968) Can Manage Its Debt With Ease

There's No Escaping CNOOC Energy Technology & Services Limited's (SHSE:600968) Muted Earnings

Aug 20
There's No Escaping CNOOC Energy Technology & Services Limited's (SHSE:600968) Muted Earnings

Calculating The Fair Value Of CNOOC Energy Technology & Services Limited (SHSE:600968)

Jun 21
Calculating The Fair Value Of CNOOC Energy Technology & Services Limited (SHSE:600968)

Shareholder Returns

600968CN Energy ServicesCN Market
7D4.4%7.3%-0.2%
1Y5.0%18.2%13.6%

Return vs Industry: 600968 underperformed the CN Energy Services industry which returned 18.2% over the past year.

Return vs Market: 600968 underperformed the CN Market which returned 13.6% over the past year.

Price Volatility

Is 600968's price volatile compared to industry and market?
600968 volatility
600968 Average Weekly Movement4.7%
Energy Services Industry Average Movement7.5%
Market Average Movement6.7%
10% most volatile stocks in CN Market9.9%
10% least volatile stocks in CN Market4.1%

Stable Share Price: 600968 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 600968's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200514,302Tianyu Zhoucenertech.cnooc.com.cn

CNOOC Energy Technology & Services Limited operates in the oil and gas industry in China. The company offers Energy Technology Services, including engineering and technical services; equipment design; manufacturing, operation, and maintenance; and integrated oil and gas field production services; oil field recovery rates; supervision and inspection; oil field operation support; unconventional oil and gas integrated services, equipment and facilities operation and maintenance integration; FPSO production and operation; and technical and support services for the production operations of offshore and onshore oil and gas companies. The company provides Low-Carbon Environmental Protection and Digitalization services, which focuses on the development of technologies and services, such as safety emergency response, energy conservation and environmental protection, water treatment, green coatings, cold energy utilization, and digitalization, as well as engages in offshore wind power related activities.

CNOOC Energy Technology & Services Limited Fundamentals Summary

How do CNOOC Energy Technology & Services's earnings and revenue compare to its market cap?
600968 fundamental statistics
Market capCN¥43.00b
Earnings (TTM)CN¥3.75b
Revenue (TTM)CN¥53.38b
11.5x
P/E Ratio
0.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600968 income statement (TTM)
RevenueCN¥53.38b
Cost of RevenueCN¥45.51b
Gross ProfitCN¥7.87b
Other ExpensesCN¥4.13b
EarningsCN¥3.75b

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.37
Gross Margin14.75%
Net Profit Margin7.02%
Debt/Equity Ratio9.1%

How did 600968 perform over the long term?

See historical performance and comparison

Dividends

3.2%
Current Dividend Yield
37%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/18 02:51
End of Day Share Price 2025/06/18 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CNOOC Energy Technology & Services Limited is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bei Na YanChina International Capital Corporation Limited
Zhe WangCitic Securities Co., Ltd.
Nai Di ZhaoEverbright Securities Co. Ltd.