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Offshore Oil EngineeringLtd XSSC:600583 Stock Report

Last Price

CN¥5.39

Market Cap

CN¥23.8b

7D

-1.6%

1Y

-13.8%

Updated

24 Nov, 2024

Data

Company Financials +

Offshore Oil Engineering Co.,Ltd

XSSC:600583 Stock Report

Market Cap: CN¥23.8b

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
Valuation5/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends5/6

Offshore Oil Engineering Co.,Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Offshore Oil EngineeringLtd
Historical stock prices
Current Share PriceCN¥5.39
52 Week HighCN¥6.97
52 Week LowCN¥4.75
Beta0.73
11 Month Change-1.64%
3 Month Change0%
1 Year Change-13.76%
33 Year Change23.62%
5 Year Change-22.78%
Change since IPO-31.94%

Recent News & Updates

Recent updates

Shareholder Returns

600583CN Energy ServicesCN Market
7D-1.6%-0.9%-2.1%
1Y-13.8%14.5%2.8%

Return vs Industry: 600583 underperformed the CN Energy Services industry which returned 14.5% over the past year.

Return vs Market: 600583 underperformed the CN Market which returned 2.8% over the past year.

Price Volatility

Is 600583's price volatile compared to industry and market?
600583 volatility
600583 Average Weekly Movement5.0%
Energy Services Industry Average Movement7.6%
Market Average Movement8.4%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.7%

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

FoundedEmployeesCEOWebsite
20009,700Zhangling Wangwww.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

How do Offshore Oil EngineeringLtd's earnings and revenue compare to its market cap?
600583 fundamental statistics
Market capCN¥23.83b
Earnings (TTM)CN¥1.99b
Revenue (TTM)CN¥30.21b

12.0x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600583 income statement (TTM)
RevenueCN¥30.21b
Cost of RevenueCN¥27.00b
Gross ProfitCN¥3.21b
Other ExpensesCN¥1.22b
EarningsCN¥1.99b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.45
Gross Margin10.64%
Net Profit Margin6.59%
Debt/Equity Ratio2.2%

How did 600583 perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

33%

Payout Ratio