Offshore Oil Engineering Co.,Ltd

XSSC:600583 Stock Report

Market Cap: CN¥23.1b

Offshore Oil EngineeringLtd Past Earnings Performance

Past criteria checks 5/6

Offshore Oil EngineeringLtd has been growing earnings at an average annual rate of 34.9%, while the Energy Services industry saw earnings growing at 10.7% annually. Revenues have been growing at an average rate of 14.3% per year. Offshore Oil EngineeringLtd's return on equity is 7.8%, and it has net margins of 7.6%.

Key information

34.86%

Earnings growth rate

34.67%

EPS growth rate

Energy Services Industry Growth12.05%
Revenue growth rate14.28%
Return on equity7.82%
Net Margin7.58%
Last Earnings Update31 Mar 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Offshore Oil EngineeringLtd makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

XSSC:600583 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2529,3792,2273891,403
31 Dec 2429,9542,1613801,227
30 Sep 2430,2151,9934791,020
30 Jun 2429,7401,834467952
31 Mar 2430,0271,647563957
31 Dec 2330,7521,6215651,186
30 Sep 2330,8461,9973651,105
30 Jun 2332,0661,9603481,449
31 Mar 2331,4011,7892991,301
31 Dec 2229,3581,4593011,122
30 Sep 2227,3236562791,205
30 Jun 2224,059453325831
31 Mar 2221,058368300862
31 Dec 2119,795370280929
30 Sep 2117,941833372980
30 Jun 2118,8471,007294958
31 Mar 2118,652788269920
31 Dec 2017,863363281977
30 Sep 2018,5157432731,137
30 Jun 2016,6384982921,106
31 Mar 2015,218-162961,018
31 Dec 1914,71028291870
30 Sep 1912,465-416304644
30 Jun 1912,036-452323662
31 Mar 1911,590179313673
31 Dec 1811,05280314667
30 Sep 1810,05649300526
30 Jun 189,650109301418
31 Mar 1810,110301269651
31 Dec 1710,253491279618
30 Sep 1710,796500497392
30 Jun 1711,074645677316
31 Mar 1711,7706479180
31 Dec 1611,9921,3159410
30 Sep 1614,1172,5421,1400
30 Jun 1614,3622,7241,2360
31 Mar 1615,5513,6721,1410
31 Dec 1516,2023,4101,1840
30 Sep 1516,8543,6601,2500
30 Jun 1519,1764,0921,3680
31 Mar 1521,2174,1871,4750
31 Dec 1422,0314,2671,4660
30 Sep 1422,7194,0071,4320
30 Jun 1422,7733,6551,2700

Quality Earnings: 600583 has high quality earnings.

Growing Profit Margin: 600583's current net profit margins (7.6%) are higher than last year (5.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 600583 has become profitable over the past 5 years, growing earnings by 34.9% per year.

Accelerating Growth: 600583's earnings growth over the past year (35.2%) exceeds its 5-year average (34.9% per year).

Earnings vs Industry: 600583 earnings growth over the past year (35.2%) exceeded the Energy Services industry 1%.


Return on Equity

High ROE: 600583's Return on Equity (7.8%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/12 18:53
End of Day Share Price 2025/05/12 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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 24 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
Cho Ming LauBOCI Research Ltd.
Jingru MaBohai Securities Co., Ltd.
Chen HeChasing Securities