Offshore Oil Engineering Co.,Ltd

SHSE:600583 Stock Report

Market Cap: CN¥24.1b

Offshore Oil EngineeringLtd Future Growth

Future criteria checks 1/6

Offshore Oil EngineeringLtd is forecast to grow earnings and revenue by 10.8% and 11.1% per annum respectively. EPS is expected to grow by 10.8% per annum. Return on equity is forecast to be 8.4% in 3 years.

Key information

10.8%

Earnings growth rate

10.8%

EPS growth rate

Energy Services earnings growth17.3%
Revenue growth rate11.1%
Future return on equity8.4%
Analyst coverage

Good

Last updated20 Sep 2024

Recent future growth updates

Earnings Miss: Offshore Oil Engineering Co.,Ltd Missed EPS By 9.9% And Analysts Are Revising Their Forecasts

Mar 20
Earnings Miss: Offshore Oil Engineering Co.,Ltd Missed EPS By 9.9% And Analysts Are Revising Their Forecasts

Recent updates

Offshore Oil EngineeringLtd (SHSE:600583) Could Easily Take On More Debt

Oct 09
Offshore Oil EngineeringLtd (SHSE:600583) Could Easily Take On More Debt

Is There An Opportunity With Offshore Oil Engineering Co.,Ltd's (SHSE:600583) 26% Undervaluation?

Sep 03
Is There An Opportunity With Offshore Oil Engineering Co.,Ltd's (SHSE:600583) 26% Undervaluation?

Insufficient Growth At Offshore Oil Engineering Co.,Ltd (SHSE:600583) Hampers Share Price

Jul 21
Insufficient Growth At Offshore Oil Engineering Co.,Ltd (SHSE:600583) Hampers Share Price

These 4 Measures Indicate That Offshore Oil EngineeringLtd (SHSE:600583) Is Using Debt Safely

Jul 02
These 4 Measures Indicate That Offshore Oil EngineeringLtd (SHSE:600583) Is Using Debt Safely

Returns At Offshore Oil EngineeringLtd (SHSE:600583) Are On The Way Up

Jun 11
Returns At Offshore Oil EngineeringLtd (SHSE:600583) Are On The Way Up

Offshore Oil EngineeringLtd's (SHSE:600583) Earnings May Just Be The Starting Point

Mar 25
Offshore Oil EngineeringLtd's (SHSE:600583) Earnings May Just Be The Starting Point

Earnings Miss: Offshore Oil Engineering Co.,Ltd Missed EPS By 9.9% And Analysts Are Revising Their Forecasts

Mar 20
Earnings Miss: Offshore Oil Engineering Co.,Ltd Missed EPS By 9.9% And Analysts Are Revising Their Forecasts

Offshore Oil Engineering Co.,Ltd's (SHSE:600583) Price Is Right But Growth Is Lacking After Shares Rocket 29%

Mar 06
Offshore Oil Engineering Co.,Ltd's (SHSE:600583) Price Is Right But Growth Is Lacking After Shares Rocket 29%

Earnings and Revenue Growth Forecasts

SHSE:600583 - Analysts future estimates and past financials data (CNY Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/202640,1582,4063,1213,9356
12/31/202536,9212,1465953,4987
12/31/202434,0331,9422,6232,7997
6/30/202429,7401,8343,8154,810N/A
3/31/202430,0271,6476,8827,774N/A
12/31/202330,7521,6214,2785,125N/A
9/30/202330,8461,9976,1106,643N/A
6/30/202332,0661,9602,9863,476N/A
3/31/202331,4011,7892,4952,984N/A
12/31/202229,3581,4592,8443,313N/A
9/30/202227,3236563,1743,733N/A
6/30/202224,0594534,2444,927N/A
3/31/202221,0583682,2573,222N/A
12/31/202119,7953701,8963,033N/A
9/30/202117,9418331,7852,995N/A
6/30/202118,8471,0071,3122,457N/A
3/31/202118,6527881,7162,606N/A
12/31/202017,8633631,3572,021N/A
9/30/202018,5157435211,107N/A
6/30/202016,638498-168302N/A
3/31/202015,218-16-954-558N/A
12/31/201914,71028-395-75N/A
9/30/201912,465-4161,7121,980N/A
6/30/201912,036-4521,4552,047N/A
3/31/201911,5901793771,187N/A
12/31/201811,05280-535376N/A
9/30/201810,05649-3,000-1,032N/A
6/30/20189,650109-1,838-119N/A
3/31/201810,110301N/A128N/A
12/31/201710,253491N/A531N/A
9/30/201710,796500N/A1,021N/A
6/30/201711,074645N/A957N/A
3/31/201711,770647N/A1,964N/A
12/31/201611,9921,315N/A3,288N/A
9/30/201614,1172,542N/A2,973N/A
6/30/201614,3622,724N/A3,392N/A
3/31/201615,5513,672N/A4,475N/A
12/31/201516,2023,410N/A3,626N/A
9/30/201516,8543,660N/A5,962N/A
6/30/201519,1764,092N/A4,361N/A
3/31/201521,2174,187N/A2,914N/A
12/31/201422,0314,267N/A4,351N/A
9/30/201422,7194,007N/A2,639N/A
6/30/201422,7733,655N/A3,666N/A
3/31/201420,9012,804N/A4,656N/A
12/31/201320,3392,744N/A3,369N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 600583's forecast earnings growth (10.8% per year) is above the savings rate (2.9%).

Earnings vs Market: 600583's earnings (10.8% per year) are forecast to grow slower than the CN market (23.7% per year).

High Growth Earnings: 600583's earnings are forecast to grow, but not significantly.

Revenue vs Market: 600583's revenue (11.1% per year) is forecast to grow slower than the CN market (13.5% per year).

High Growth Revenue: 600583's revenue (11.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 600583's Return on Equity is forecast to be low in 3 years time (8.4%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y