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CNOOC Energy Technology & Services (SHSE:600968) Gross-Profit-to-Asset % : 10.02% (As of Mar. 2024)


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What is CNOOC Energy Technology & Services Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. CNOOC Energy Technology & Services's annualized Gross Profit for the quarter that ended in Mar. 2024 was ¥4,376 Mil. CNOOC Energy Technology & Services's average Total Assets over the quarter that ended in Mar. 2024 was ¥43,684 Mil. Therefore, CNOOC Energy Technology & Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 10.02%.


CNOOC Energy Technology & Services Gross-Profit-to-Asset % Historical Data

The historical data trend for CNOOC Energy Technology & Services's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CNOOC Energy Technology & Services Gross-Profit-to-Asset % Chart

CNOOC Energy Technology & Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.17 13.92 14.95 15.70 15.52

CNOOC Energy Technology & Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.35 16.29 16.13 21.00 10.02

Competitive Comparison of CNOOC Energy Technology & Services's Gross-Profit-to-Asset %

For the Oil & Gas Equipment & Services subindustry, CNOOC Energy Technology & Services's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CNOOC Energy Technology & Services's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CNOOC Energy Technology & Services's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where CNOOC Energy Technology & Services's Gross-Profit-to-Asset % falls into.



CNOOC Energy Technology & Services Gross-Profit-to-Asset % Calculation

CNOOC Energy Technology & Services's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=6640.345/( (40670.872+44905.592)/ 2 )
=6640.345/42788.232
=15.52 %

CNOOC Energy Technology & Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=4375.712/( (44905.592+42461.937)/ 2 )
=4375.712/43683.7645
=10.02 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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CNOOC Energy Technology & Services (SHSE:600968) Business Description

Traded in Other Exchanges
N/A
Address
Number 6 Waizhi Street, Haiyou Building, Dongzhimen, Dongcheng District, Beijing, CHN, 100027
CNOOC Energy Technology & Services Ltd is a diversified industrial group that covers most of the upstream and downstream sectors of the oil and gas industry chain, forming four core business segments: energy technology services, FPSO production technology services , energy logistics services, safety, environmental protection and energy conservation.

CNOOC Energy Technology & Services (SHSE:600968) Headlines

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