Offshore Oil EngineeringLtd (600583) Stock Overview
Engages in the design, procurement, construction, offshore installation, commissioning and maintenance of offshore oil and gas development projects in China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
600583 Community Fair Values
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Offshore Oil Engineering Co.,Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥6.99 |
| 52 Week High | CN¥8.72 |
| 52 Week Low | CN¥5.14 |
| Beta | 0.75 |
| 1 Month Change | 4.02% |
| 3 Month Change | 12.38% |
| 1 Year Change | 29.93% |
| 3 Year Change | 10.08% |
| 5 Year Change | 61.06% |
| Change since IPO | 514.80% |
Recent News & Updates
Recent updates
Offshore Oil EngineeringLtd's (SHSE:600583) Profits Appear To Have Quality Issues
Mar 24
Earnings Beat: Offshore Oil Engineering Co.,Ltd Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Mar 19Offshore Oil EngineeringLtd (SHSE:600583) Could Easily Take On More Debt
Feb 24Offshore Oil EngineeringLtd (SHSE:600583) Shareholders Will Want The ROCE Trajectory To Continue
Jan 18Little Excitement Around Offshore Oil Engineering Co.,Ltd's (SHSE:600583) Earnings
Dec 03Offshore Oil EngineeringLtd (SHSE:600583) Could Easily Take On More Debt
Oct 09Is There An Opportunity With Offshore Oil Engineering Co.,Ltd's (SHSE:600583) 26% Undervaluation?
Sep 03Insufficient Growth At Offshore Oil Engineering Co.,Ltd (SHSE:600583) Hampers Share Price
Jul 21These 4 Measures Indicate That Offshore Oil EngineeringLtd (SHSE:600583) Is Using Debt Safely
Jul 02Returns At Offshore Oil EngineeringLtd (SHSE:600583) Are On The Way Up
Jun 11Offshore Oil EngineeringLtd's (SHSE:600583) Earnings May Just Be The Starting Point
Mar 25Earnings Miss: Offshore Oil Engineering Co.,Ltd Missed EPS By 9.9% And Analysts Are Revising Their Forecasts
Mar 20Offshore Oil Engineering Co.,Ltd's (SHSE:600583) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Mar 06Shareholder Returns
| 600583 | CN Energy Services | CN Market | |
|---|---|---|---|
| 7D | -0.4% | 1.2% | 2.7% |
| 1Y | 29.9% | 76.8% | 35.3% |
Return vs Industry: 600583 underperformed the CN Energy Services industry which returned 76.8% over the past year.
Return vs Market: 600583 underperformed the CN Market which returned 35.3% over the past year.
Price Volatility
| 600583 volatility | |
|---|---|
| 600583 Average Weekly Movement | 8.0% |
| Energy Services Industry Average Movement | 8.8% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in CN Market | 9.9% |
| 10% least volatile stocks in CN Market | 4.1% |
Stable Share Price: 600583's share price has been volatile over the past 3 months compared to the CN market.
Volatility Over Time: 600583's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of CN stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 9,994 | Lei Peng | www.cnoocengineering.com |
Offshore Oil Engineering Co.,Ltd engages in the design, procurement, construction, offshore installation, commissioning and maintenance of offshore oil and gas development projects in China and internationally. It engages in the engineering, general contracting business; development of offshore and shallow water oil and gas; providing professional solution for deep water jacket engineering, fabrication, and installation; and underwater production systems and SURF, as well as designs and develops LNG terminals, LNG storage tanks, and natural gas liquefaction plants. The company is also involved in modular construction; designing and procurement to construction and project management; offshore wind power and hydrogen energy business; marine ranching; green energy equipment; providing package engineering solutions for Subsea Production Systems; production separators, test separators, slug flow catchers, production water treatment equipment, pressure vessel skids, natural gas compressor skids, and digital intelligent products.
Offshore Oil Engineering Co.,Ltd Fundamentals Summary
| 600583 fundamental statistics | |
|---|---|
| Market cap | CN¥30.91b |
| Earnings (TTM) | CN¥2.08b |
| Revenue (TTM) | CN¥27.16b |
Is 600583 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 600583 income statement (TTM) | |
|---|---|
| Revenue | CN¥27.16b |
| Cost of Revenue | CN¥23.42b |
| Gross Profit | CN¥3.75b |
| Other Expenses | CN¥1.66b |
| Earnings | CN¥2.08b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Apr 25, 2026
| Earnings per share (EPS) | 0.47 |
| Gross Margin | 13.80% |
| Net Profit Margin | 7.67% |
| Debt/Equity Ratio | 0.8% |
How did 600583 perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/20 16:56 |
| End of Day Share Price | 2026/04/20 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Offshore Oil Engineering Co.,Ltd is covered by 16 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jingru Ma | Bohai Securities Co., Ltd. |
| Xiaofeng Qiu | China International Capital Corporation Limited |
| Bei Na Yan | China International Capital Corporation Limited |