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Offshore Oil Engineering Co.,LtdXSSC:600583 Stock Report

Market Cap CN¥23.7b
Share Price
CN¥5.36
CN¥7.38
27.3% undervalued intrinsic discount
1Y-2.2%
7D-2.5%
1D
Portfolio Value
View

Offshore Oil Engineering Co.,Ltd

XSSC:600583 Stock Report

Market Cap: CN¥23.7b

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

600583 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends3/6

600583 Community Fair Values

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Offshore Oil Engineering Co.,Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Offshore Oil EngineeringLtd
Historical stock prices
Current Share PriceCN¥5.36
52 Week HighCN¥8.72
52 Week LowCN¥5.18
Beta0.56
1 Month Change-10.96%
3 Month Change-16.77%
1 Year Change-2.19%
3 Year Change-5.80%
5 Year Change16.02%
Change since IPO-32.32%

Recent News & Updates

Recent updates

Shareholder Returns

600583CN Energy ServicesCN Market
7D-2.5%5.5%4.7%
1Y-2.2%69.7%35.4%

Return vs Industry: 600583 underperformed the CN Energy Services industry which returned 69.7% over the past year.

Return vs Market: 600583 underperformed the CN Market which returned 35.4% over the past year.

Price Volatility

Is 600583's price volatile compared to industry and market?
600583 volatility
600583 Average Weekly Movement4.5%
Energy Services Industry Average Movement7.2%
Market Average Movement6.7%
10% most volatile stocks in CN Market10.6%
10% least volatile stocks in CN Market4.4%

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

FoundedEmployeesCEOWebsite
20009,994Lei Pengwww.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

How do Offshore Oil EngineeringLtd's earnings and revenue compare to its market cap?
600583 fundamental statistics
Market capCN¥23.70b
Earnings (TTM)CN¥1.98b
Revenue (TTM)CN¥27.06b
12.0x
P/E Ratio
0.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600583 income statement (TTM)
RevenueCN¥27.06b
Cost of RevenueCN¥23.40b
Gross ProfitCN¥3.66b
Other ExpensesCN¥1.68b
EarningsCN¥1.98b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.45
Gross Margin13.52%
Net Profit Margin7.32%
Debt/Equity Ratio2.6%

How did 600583 perform over the long term?

See historical performance and comparison

Dividends

36.6%
Current Dividend Yield
436%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/21 08:22
End of Day Share Price 2026/06/18 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

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.

AnalystInstitution
Jingru MaBohai Securities Co., Ltd.
Xiaofeng QiuChina International Capital Corporation Limited
Bei Na YanChina International Capital Corporation Limited