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 | 2/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
My Notes
Capture your thoughts, links and company narrative
Offshore Oil Engineering Co.,Ltd Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥5.37 |
| 52 Week High | CN¥6.97 |
| 52 Week Low | CN¥4.75 |
| Beta | 0.73 |
| 1 Month Change | -3.42% |
| 3 Month Change | 10.72% |
| 1 Year Change | -6.93% |
| 3 Year Change | 18.28% |
| 5 Year Change | -21.15% |
| Change since IPO | 372.32% |
Recent News & Updates
Little Excitement Around Offshore Oil Engineering Co.,Ltd's (SHSE:600583) Earnings
Dec 03
Offshore Oil EngineeringLtd (SHSE:600583) Could Easily Take On More Debt
Oct 09Recent updates
Little 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 | -1.3% | -3.1% | -1.2% |
| 1Y | -6.9% | 17.1% | 11.8% |
Return vs Industry: 600583 underperformed the CN Energy Services industry which returned 17.1% over the past year.
Return vs Market: 600583 underperformed the CN Market which returned 11.8% over the past year.
Price Volatility
| 600583 volatility | |
|---|---|
| 600583 Average Weekly Movement | 4.8% |
| Energy Services Industry Average Movement | 7.9% |
| Market Average Movement | 8.7% |
| 10% most volatile stocks in CN Market | 12.8% |
| 10% least volatile stocks in CN Market | 5.7% |
Stable Share Price: 600583 has not had significant price volatility in the past 3 months compared to the CN market.
Volatility Over Time: 600583's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2000 | 9,700 | Zhangling Wang | 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 general contracting; design of oil and gas, and construction projects; planning and evaluation consulting of oil and gas projects; construction of various types of offshore oil construction projects and other marine projects, and land-based petrochemical projects; production and installation of various steel structures and grids; design and manufacture of pressure vessels and pipelines; and research and development, manufacture, and sales of electric and instrumentation automation products, quality control and inspection, physical and chemical, measurement and mapping, and related technical services. The company is involved in the export of products and technologies; the import of raw and auxiliary materials, instruments and meters, machinery equipment, spare parts, and technologies; contracting of offshore oil projects and domestic international bidding projects; contracting survey, consultation, design, and supervision of the projects; exporting of equipment and materials; dispatching of laborers; domestic coastal general cargo ship transportation; international general cargo transportation; leasing of owned houses; and the sale of steel, pipe fittings, cables, valves, instruments, hardware, and electricity.
Offshore Oil Engineering Co.,Ltd Fundamentals Summary
| 600583 fundamental statistics | |
|---|---|
| Market cap | CN¥23.74b |
| Earnings (TTM) | CN¥1.99b |
| Revenue (TTM) | CN¥30.21b |
11.9x
P/E Ratio0.8x
P/S RatioIs 600583 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 600583 income statement (TTM) | |
|---|---|
| Revenue | CN¥30.21b |
| Cost of Revenue | CN¥27.00b |
| Gross Profit | CN¥3.21b |
| Other Expenses | CN¥1.22b |
| Earnings | CN¥1.99b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.45 |
| Gross Margin | 10.64% |
| Net Profit Margin | 6.59% |
| Debt/Equity Ratio | 2.2% |
How did 600583 perform over the long term?
See historical performance and comparisonDividends
2.7%
Current Dividend Yield33%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 06:23 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| 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 here.
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 .
Analyst Sources
Offshore Oil Engineering Co.,Ltd is covered by 31 analysts. 7 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 |
|---|---|
| Cho Ming Lau | BOCI Research Ltd. |
| Jingru Ma | Bohai Securities Co., Ltd. |
| Kai Wei | Changjiang Securities Co. LTD. |