CNOOC Energy Technology & Services Future Growth
Future criteria checks 1/6
CNOOC Energy Technology & Services is forecast to grow earnings and revenue by 12.8% and 13% per annum respectively. EPS is expected to grow by 12.6% per annum. Return on equity is forecast to be 14.3% in 3 years.
Key information
12.8%
Earnings growth rate
12.6%
EPS growth rate
| Energy Services earnings growth | 16.5% |
| Revenue growth rate | 13.0% |
| Future return on equity | 14.3% |
| Analyst coverage | Low |
| Last updated | 29 Oct 2024 |
Recent future growth updates
Recent updates
CNOOC Energy Technology & Services (SHSE:600968) Is Experiencing Growth In Returns On Capital
Nov 18
Is CNOOC Energy Technology & Services Limited (SHSE:600968) Trading At A 34% Discount?
Oct 02We Think CNOOC Energy Technology & Services (SHSE:600968) Can Manage Its Debt With Ease
Sep 15There's No Escaping CNOOC Energy Technology & Services Limited's (SHSE:600968) Muted Earnings
Aug 20Calculating The Fair Value Of CNOOC Energy Technology & Services Limited (SHSE:600968)
Jun 21Returns On Capital Are Showing Encouraging Signs At CNOOC Energy Technology & Services (SHSE:600968)
Jun 04These 4 Measures Indicate That CNOOC Energy Technology & Services (SHSE:600968) Is Using Debt Safely
May 13Solid Earnings Reflect CNOOC Energy Technology & Services' (SHSE:600968) Strength As A Business
Apr 22CNOOC Energy Technology & Services Limited (SHSE:600968) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Apr 17Calculating The Intrinsic Value Of CNOOC Energy Technology & Services Limited (SHSE:600968)
Mar 21Returns On Capital At CNOOC Energy Technology & Services (SHSE:600968) Have Hit The Brakes
Feb 29Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 69,646 | 4,776 | 4,031 | 5,824 | 4 |
| 12/31/2025 | 62,233 | 4,251 | 3,276 | 6,225 | 5 |
| 12/31/2024 | 55,576 | 3,698 | 1,413 | 5,484 | 5 |
| 9/30/2024 | 51,389 | 3,624 | 3,239 | 5,603 | N/A |
| 6/30/2024 | 50,278 | 3,361 | 4,476 | 6,570 | N/A |
| 3/31/2024 | 48,977 | 3,170 | 2,707 | 5,006 | N/A |
| 12/31/2023 | 49,308 | 3,081 | 5,523 | 7,745 | N/A |
| 9/30/2023 | 48,017 | 2,721 | 3,233 | 5,151 | N/A |
| 6/30/2023 | 48,172 | 2,719 | 2,121 | 4,384 | N/A |
| 3/31/2023 | 49,126 | 2,528 | 1,271 | 3,372 | N/A |
| 12/31/2022 | 47,784 | 2,416 | 1,143 | 3,416 | N/A |
| 9/30/2022 | 44,600 | 1,782 | 909 | 3,441 | N/A |
| 6/30/2022 | 43,445 | 1,615 | 1,964 | 3,847 | N/A |
| 3/31/2022 | 40,387 | 1,366 | 2,551 | 4,268 | N/A |
| 12/31/2021 | 38,739 | 1,284 | 1,191 | 2,634 | N/A |
| 9/30/2021 | 38,115 | 1,787 | 3,850 | 4,764 | N/A |
| 6/30/2021 | 35,342 | 1,672 | 2,360 | 3,249 | N/A |
| 3/31/2021 | 33,781 | 1,613 | 2,821 | 3,557 | N/A |
| 12/31/2020 | 33,208 | 1,522 | 3,589 | 4,143 | N/A |
| 9/30/2020 | 32,524 | 1,424 | 2,130 | 2,858 | N/A |
| 6/30/2020 | 33,026 | 1,113 | 2,690 | 3,469 | N/A |
| 3/31/2020 | 33,655 | 1,320 | 1,504 | 2,362 | N/A |
| 12/31/2019 | 33,463 | 1,233 | 1,858 | 2,931 | N/A |
| 9/30/2019 | 32,023 | 1,308 | 134 | 975 | N/A |
| 6/30/2019 | 31,525 | 1,151 | -7 | 871 | N/A |
| 3/31/2019 | 29,874 | 1,081 | 363 | 1,290 | N/A |
| 12/31/2018 | 28,975 | 1,066 | 926 | 1,606 | N/A |
| 6/30/2018 | 25,830 | 1,190 | N/A | 2,550 | N/A |
| 3/31/2018 | 23,989 | 915 | N/A | 3,236 | N/A |
| 12/31/2017 | 23,704 | 1,177 | N/A | 2,122 | N/A |
| 12/31/2016 | 19,376 | 622 | N/A | 2,257 | N/A |
| 12/31/2015 | 27,180 | 1,786 | N/A | 2,851 | N/A |
| 12/31/2014 | 34,566 | 2,132 | N/A | 3,245 | N/A |
| 12/31/2013 | 34,276 | 1,927 | N/A | 1,703 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600968's forecast earnings growth (12.8% per year) is above the savings rate (2.8%).
Earnings vs Market: 600968's earnings (12.8% per year) are forecast to grow slower than the CN market (26.3% per year).
High Growth Earnings: 600968's earnings are forecast to grow, but not significantly.
Revenue vs Market: 600968's revenue (13% per year) is forecast to grow slower than the CN market (13.9% per year).
High Growth Revenue: 600968's revenue (13% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600968's Return on Equity is forecast to be low in 3 years time (14.3%).