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CNOOC Energy Technology & Services SHSE:600968 Stock Report

Last Price

CN¥4.03

Market Cap

CN¥41.0b

7D

0.2%

1Y

43.9%

Updated

21 Dec, 2024

Data

Company Financials +

CNOOC Energy Technology & Services Limited

SHSE:600968 Stock Report

Market Cap: CN¥41.0b

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 Performance5/6
Financial Health6/6
Dividends4/6

My Notes

Capture your thoughts, links and company narrative

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¥4.03
52 Week HighCN¥4.99
52 Week LowCN¥2.62
Beta0.46
1 Month Change-5.62%
3 Month Change4.68%
1 Year Change43.93%
3 Year Change38.49%
5 Year Change38.49%
Change since IPO37.07%

Recent News & Updates

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?

Recent updates

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)

Returns On Capital Are Showing Encouraging Signs At CNOOC Energy Technology & Services (SHSE:600968)

Jun 04
Returns On Capital Are Showing Encouraging Signs At CNOOC Energy Technology & Services (SHSE:600968)

These 4 Measures Indicate That CNOOC Energy Technology & Services (SHSE:600968) Is Using Debt Safely

May 13
These 4 Measures Indicate That CNOOC Energy Technology & Services (SHSE:600968) Is Using Debt Safely

Solid Earnings Reflect CNOOC Energy Technology & Services' (SHSE:600968) Strength As A Business

Apr 22
Solid Earnings Reflect CNOOC Energy Technology & Services' (SHSE:600968) Strength As A Business

CNOOC Energy Technology & Services Limited (SHSE:600968) Stock Catapults 26% Though Its Price And Business Still Lag The Market

Apr 17
CNOOC Energy Technology & Services Limited (SHSE:600968) Stock Catapults 26% Though Its Price And Business Still Lag The Market

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

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

Returns On Capital At CNOOC Energy Technology & Services (SHSE:600968) Have Hit The Brakes

Feb 29
Returns On Capital At CNOOC Energy Technology & Services (SHSE:600968) Have Hit The Brakes

Shareholder Returns

600968CN Energy ServicesCN Market
7D0.2%-3.1%-1.2%
1Y43.9%17.1%11.8%

Return vs Industry: 600968 exceeded the CN Energy Services industry which returned 17.1% over the past year.

Return vs Market: 600968 exceeded the CN Market which returned 11.8% over the past year.

Price Volatility

Is 600968's price volatile compared to industry and market?
600968 volatility
600968 Average Weekly Movement5.2%
Energy Services Industry Average Movement7.9%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

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
200514,370Tianyu Zhoucenertech.cnooc.com.cn

CNOOC Energy Technology & Services Limited operates in the oil and gas industry in China. The company operates through three segments: Energy Technology Services; Low-Carbon Environmental Protection and Digitalization; and Energy Logistics Services. It offers energy technology services, including engineering technology; equipment design, manufacturing, operation, and maintenance; oil and gas field production integration; unconventional oil and gas integration; 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.

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¥40.97b
Earnings (TTM)CN¥3.62b
Revenue (TTM)CN¥51.39b

11.3x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600968 income statement (TTM)
RevenueCN¥51.39b
Cost of RevenueCN¥44.18b
Gross ProfitCN¥7.21b
Other ExpensesCN¥3.58b
EarningsCN¥3.62b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.36
Gross Margin14.02%
Net Profit Margin7.05%
Debt/Equity Ratio9.5%

How did 600968 perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

31%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 05:58
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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

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.