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Offshore Oil Engineering Co Ltd

Offshore Oil Engineering Co Ltd

600583 · SHG · Energy / Oil & Gas Equipment & Services

6.46CNY+0.17 (+2.70%)

Price History

Full chart

Market Stats

Previous Close6.29
Open6.30
Day Range6.29 – 6.61
52-Week Range4.93 – 8.72
Volume54.31M
Market Cap29.27B
P/E (TTM)14.09
Forward P/E38.02
EPS0.47
Dividend Yield2.96%
Beta0.52
50-Day Avg5.96
200-Day Avg6.20

About

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. In addition, it offers inspection and commissioning; IMR and decommissioning; digital simulation; and digital twin solution, as well as operates 19 vessels fleets and yards. The company was founded in 2000 and is headquartered in Tianjin, China. Offshore Oil Engineering Co.,Ltd operates as a subsidiary of China National Offshore Oil Corporation.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Equipment & Services
  • CEOMr. Lei Peng
  • Employees9.99K
  • HeadquartersNo. 199 Haibin 15 Road, Tianjin, China, 300461, China
  • Websitehttps://www.cnoocengineering.com

Leadership

  • Mr. Lei PengPresident & Director · b. 1975
  • Mr. Cai HuaiyuCFO, General Counsel & Board Secretary · b. 1978
  • Mr. Huifeng WangCIO, VP & Chief Engineer · b. 1977
  • Mr. Chao ZhangExecutive Vice President · b. 1981
  • Mr. Zhang HaitaoVice President · b. 1970
  • Mr. Dayong WangVice President · b. 1976
  • Baoqin YaoHead of Accounting Department, Accounting Director & Chief Accounting Officer
  • Jian ZhangManager of Securities Affairs

Financials

Income Statement

Currency: CNY1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue430.54M521.23M697.28M1.21B1.73B2.05B3.49B4.26B4.97B6.52B9.59B13.81B7.14B7.15B12.38B20.34B22.03B16.20B11.99B10.25B11.05B14.71B17.86B19.80B29.36B30.75B29.95B27.08B
Growth (%)-+21.06%+33.78%+73.12%+43.64%+18.46%+69.80%+22.11%+16.68%+31.18%+47.20%+43.92%-48.31%+0.23%+73.09%+64.25%+8.32%-26.46%-25.98%-14.50%+7.80%+33.10%+21.43%+10.82%+48.31%+4.75%-2.59%-9.60%
Cost of Revenue293.78M383.09M551.55M991.64M1.46B1.73B2.81B3.42B3.86B4.69B7.73B12.22B6.36B6.32B10.07B15.57B14.97B11.26B10.23B8.51B10.07B13.37B16.05B17.72B26.79B27.46B26.31B23.44B
Gross Profit136.76M138.15M145.73M215.49M269.95M327.25M679.52M838.83M1.11B1.35B1.87B1.74B774.59M1.07B2.31B4.77B7.06B4.94B1.76B1.74B979.70M1.34B1.81B2.08B2.57B3.29B3.64B3.64B
Gross Margin31.77%26.50%20.90%17.85%15.57%15.93%19.48%19.70%22.29%20.76%19.45%12.61%10.85%14.91%18.66%23.43%32.05%30.48%14.70%16.98%8.86%9.10%10.12%10.49%8.74%10.70%12.15%13.43%
Operating Expense48.92M42.56M46.57M87.86M115.70M102.25M118.09M140.26M157.45M280.10M488.34M425.23M632.17M821.80M1.07B1.67B2.24B1.24B1.21B1.19B875.47M1.16B1.29B1.52B853.95M1.39B1.00B1.51B
Operating Income87.85M95.59M99.16M127.63M154.25M225.00M561.43M698.57M950.07M1.07B1.38B1.32B142.41M244.67M1.24B3.10B4.82B3.70B553.25M548.96M104.23M179.05M517.26M560.18M1.71B1.90B2.64B2.12B
Operating Margin20.40%18.34%14.22%10.57%8.90%10.95%16.10%16.40%19.12%16.47%14.36%9.54%2.00%3.42%9.98%15.23%21.90%22.83%4.61%5.35%0.94%1.22%2.90%2.83%5.83%6.19%8.80%7.83%
EBITDA85.48M92.83M96.48M165.88M267.78M348.19M703.00M857.19M1.12B1.49B1.83B1.82B1.07B1.20B2.14B4.09B6.13B4.76B1.77B1.68B912.80M1.11B1.38B1.78B2.01B2.68B3.31B3.82B
EBITDA Margin19.86%17.81%13.84%13.74%15.44%16.95%20.16%20.13%22.58%22.82%19.11%13.15%14.99%16.79%17.28%20.11%27.84%29.38%14.79%16.43%8.26%7.54%7.73%8.98%6.86%8.71%11.05%14.09%
Net Income72.85M78.99M83.42M103.70M132.67M196.45M365.60M585.31M739.40M1.08B1.19B983.00M84.33M180.96M848.15M2.74B4.27B3.41B1.32B491.06M79.78M27.93M363.30M369.80M1.46B1.62B2.16B2.08B
Net Income Margin16.92%15.15%11.96%8.59%7.65%9.56%10.48%13.74%14.88%16.50%12.44%7.12%1.18%2.53%6.85%13.49%19.37%21.05%10.97%4.79%0.72%0.19%2.03%1.87%4.97%5.27%7.22%7.70%
R&D--------------438.63M845.41M1.19B915.60M703.95M620.68M669.50M874.35M982.71M928.82M1.12B1.19B1.23B1.19B
R&D as % of Total Revenue--------------3.54%4.16%5.39%5.65%5.87%6.05%6.06%5.94%5.50%4.69%3.82%3.86%4.10%4.40%
Interest Expense--101.60K542.43K10.26M3.41M1.23M2.96M5.27M5.23M131.46M104.18M166.82M178.46M134.16M153.42M132.35M94.99M86.79M76.49M16.52M14.87M23.84M34.68M26.01M31.63M40.89M48.21M
Interest Expense % of Total Revenue--0.01%0.04%0.59%0.17%0.04%0.07%0.11%0.08%1.37%0.75%2.34%2.49%1.08%0.75%0.60%0.59%0.72%0.75%0.15%0.10%0.13%0.18%0.09%0.10%0.14%0.18%

Balance Sheet

Currency: CNY1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets--984.01M1.45B1.96B2.09B2.66B3.48B5.02B8.06B16.07B16.37B17.92B18.79B20.37B28.10B31.15B31.44B29.81B28.40B30.15B31.86B33.28B34.65B42.64B43.25B48.23B49.39B
Total Liabilities--651.68M1.01B676.45M637.22M864.12M1.14B2.01B4.07B7.83B7.34B8.83B9.28B10.06B11.51B10.58B8.45B6.64B5.27B7.24B9.18B10.62B11.90B16.96B16.47B19.96B20.58B
Total Equity--331.15M437.02M1.28B1.46B1.79B2.35B3.01B3.98B8.19B8.96B9.03B9.44B10.24B16.58B20.56B22.98B23.16B23.12B22.89B22.66B22.65B22.74B23.70B24.79B26.27B26.58B
Cash--76.66M54.05M310.10M396.62M596.11M636.70M690.45M1.03B3.55B674.99M758.93M1.23B1.03B1.78B3.28B4.87B6.71B4.63B1.94B1.73B1.57B1.17B2.12B4.32B6.07B7.44B
Total Debt--386.40M696.60M186.60M----1.20B3.62B3.17B4.35B3.75B3.22B2.81B1.34B1.20B1.20B90.00M220.00M220.00M669.52M679.70M801.22M286.87M726.52M1.37B
Net Debt--309.74M642.55M-123.50M-396.62M-596.11M-636.70M-690.45M167.51M74.94M2.50B3.59B2.52B2.19B1.03B-1.94B-3.67B-5.51B-4.54B-1.72B-1.51B-902.45M-491.08M-1.32B-4.03B-5.34B-6.07B

Cash Flow

Currency: CNY2000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-185.69M198.28M471.40M512.29M601.84M1.22B889.38M952.75M1.38B613.40M2.74B1.80B3.37B4.35B3.63B3.29B531.37M376.46M-74.81M2.02B3.03B3.31B5.12B3.85B3.84B
Investing Cash Flow--484.30M-128.77M-168.07M-285.30M-525.14M-1.08B-1.66B-3.64B-3.46B-1.56B-1.48B-1.17B-5.41B-638.59M-517.25M-538.24M-640.63M-2.96B81.62M-2.33B-2.95B-1.82B-1.95B-3.10B-87.62M
Financing Cash Flow-276.03M186.56M-216.80M-27.50M-33.00M-81.54M1.11B5.21B-798.49M1.00B-784.94M-828.43M2.81B-2.21B-1.73B-1.17B-1.62B-91.93M-222.05M190.77M-468.82M-606.43M-1.05B-775.63M-1.18B
Capital Expenditure0484.69M103.96M168.89M287.01M527.22M1.08B1.66B3.64B3.25B2.98B1.49B1.36B1.52B2.18B1.80B586.65M1.65B911.69M320.24M663.84M1.14B469.77M847.08M947.18M1.09B
Free Cash Flow--298.99M94.32M302.52M225.28M74.63M142.11M-775.01M-2.69B-1.86B-2.37B1.24B437.39M1.85B2.17B1.82B2.70B-1.12B-535.24M-395.05M1.36B1.90B2.84B4.28B2.90B2.75B
Dividends Paid-34.17M65.10M25.00M27.50M33.00M79.20M84.92M218.12M336.35M186.35M200.45M292.66M260.75M565.73M1.10B1.17B511.61M221.93M221.07M265.28M309.49M353.71M450.54M650.16M888.69M
FCF to OCF--161.01%47.57%64.17%43.97%12.40%11.64%-87.14%-282.36%-134.42%-386.59%45.48%24.31%55.00%49.97%50.27%82.16%-211.05%-142.18%528.09%67.15%62.50%85.82%83.47%75.40%71.66%
Dividend Paid to FCF--11.43%69.02%8.26%12.21%44.22%55.73%-10.96%-8.11%-18.07%-7.86%16.11%66.91%14.07%26.02%60.37%43.48%-45.62%-41.46%-55.96%19.55%16.33%12.44%10.53%22.40%32.31%

Earnings

Report DateMar 31, 2007Jun 30, 2007Sep 30, 2007Dec 31, 2007Mar 31, 2008Jun 30, 2008Sep 30, 2008Dec 31, 2008Mar 31, 2009Sep 2, 2009Oct 30, 2009Mar 3, 2010Apr 28, 2010Aug 27, 2010Dec 1, 2010Mar 29, 2011Jun 1, 2011Aug 31, 2011Nov 30, 2011Feb 29, 2012May 30, 2012Aug 29, 2012Oct 29, 2012Feb 27, 2013Apr 25, 2013Aug 28, 2013Oct 30, 2013Mar 17, 2014May 28, 2014Aug 29, 2014Oct 29, 2014Mar 15, 2015Apr 24, 2015Aug 20, 2015Oct 26, 2015Mar 15, 2016Apr 25, 2016Aug 23, 2016Oct 24, 2016Mar 20, 2017Apr 27, 2017Aug 21, 2017Oct 26, 2017Mar 28, 2018Apr 26, 2018Aug 20, 2018Oct 30, 2018Mar 25, 2019Apr 25, 2019Aug 19, 2019Oct 28, 2019Mar 23, 2020Apr 27, 2020Aug 17, 2020Oct 29, 2020Mar 22, 2021Apr 30, 2021Aug 23, 2021Oct 28, 2021Mar 21, 2022Apr 28, 2022Aug 22, 2022Oct 30, 2022Mar 20, 2023Apr 27, 2023
EPS Estimate----------0.17-0.040.08-0.10------0.05-0.05-0.110.31-0.190.110.360.110.200.180.200.040.130.210.050.020.040.020.060.060.140.030.060.010.110.030.071.020.030.080.120.040.050.060.060.08----
EPS Actual0.020.110.040.150.030.060.140.120.030.080.110.050.030.030.00-0.04-0.05-0.010.040.070.010.050.060.100.060.140.120.310.070.320.180.360.050.250.100.300.25-0.050.050.05-0.050.090.020.04-0.080.040.010.05-0.06-0.100.020.15-0.070.010.080.060.030.060.03-0.040.030.080.080.140.10
Surprise-----------35.29%--25.00%-62.50%--140.00%------20.00%-20.00%-9.09%0.00%-68.42%63.64%0.00%-54.55%25.00%-44.44%50.00%525.00%-138.46%-76.19%0.00%-350.00%125.00%0.00%-33.33%-233.33%-71.43%-66.67%-16.67%-700.00%-190.91%-33.33%114.29%-106.86%-66.67%0.00%-50.00%-25.00%20.00%-50.00%-166.67%-62.50%----
Timing----------Pre-market-Pre-marketPre-market-After-hours------After-hours-After-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-market

Key Statistics & Ratios

Market Cap29.27B
Enterprise Value12.33B
Trailing P/E14.09
Forward P/E38.02
PEG Ratio0.68
Price / Sales1.04
Price / Book0.97
EPS0.47
Book Value6.53
Revenue (TTM)28.23B
Gross Profit (TTM)3.74B
EBITDA3.22B
Profit Margin7.36%
Operating Margin8.14%
Return on Equity7.32%
Return on Assets2.61%
Shares Outstanding4.42B
Shares Float1.97B
Beta0.52
Dividend Yield2.96%
Dividend Rate0.20
Payout Ratio0.00%

Dividends

20231×
0.10Jun 12, 2023
20221×
0.08Jun 10, 2022
20211×
0.07Jun 15, 2021
20201×
0.06Jun 12, 2020
20191×
0.05Jun 14, 2019
20181×
0.05Jun 5, 2018
20171×
0.10Jun 14, 2017
20161×
0.25Jun 8, 2016
20151×
0.23Jun 11, 2015
20141×
0.10Jun 17, 2014
20131×
0.03May 22, 2013
20121×
0.04Jun 5, 2012
20091×
0.08May 26, 2009
20081×
0.03Apr 14, 2008
20071×
0.03Jun 4, 2007
20062×
0.05May 15, 20060.59Jan 23, 2006
20051×
0.01May 12, 2005
20041×
0.01May 17, 2004
20031×
0.01Oct 15, 2003
20021×
0.01Oct 18, 2002

Stock Splits

  • May 7, 20106:5
  • May 26, 20093:2
  • Apr 14, 20082:1
  • Jun 4, 20076:5
  • May 15, 20062:1
  • May 12, 20056:5
  • May 17, 20046:5
  • Oct 15, 200311:10