Offshore Oil Engineering Co (SHSE:600583) Ending Cash Position : ¥6,985 Mil (As of Mar. 2024)

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What is Offshore Oil Engineering Co Ending Cash Position?

Offshore Oil Engineering Co's Ending Cash Position for the quarter that ended in Mar. 2024 was ¥6,985 Mil.

Offshore Oil Engineering Co's quarterly Ending Cash Position declined from Sep. 2023 (¥6,225 Mil) to Dec. 2023 (¥4,229 Mil) but then increased from Dec. 2023 (¥4,229 Mil) to Mar. 2024 (¥6,985 Mil).

Offshore Oil Engineering Co's annual Ending Cash Position increased from Dec. 2021 (¥1,171 Mil) to Dec. 2022 (¥2,087 Mil) and increased from Dec. 2022 (¥2,087 Mil) to Dec. 2023 (¥4,229 Mil).

Offshore Oil Engineering Co Ending Cash Position Historical Data

The historical data trend for Offshore Oil Engineering Co's Ending Cash Position 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.

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Offshore Oil Engineering Co Ending Cash Position Chart

Offshore Oil Engineering Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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1,732.07

1,571.97

1,170.78

2,086.72

4,229.10

Offshore Oil Engineering Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial															2,551.93	3,134.21	6,224.51	4,229.10	6,985.20

Offshore Oil Engineering Co Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Offshore Oil Engineering Co's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	2086.72	+	2142.382
	=	4,229

Offshore Oil Engineering Co's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	4229.101	+	2756.096
	=	6,985

Offshore Oil Engineering Co Ending Cash Position Related Terms

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Offshore Oil Engineering Co (SHSE:600583) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Offshore Oil Engineering Co Ltd (SHSE:600583) » Definitions » Ending Cash Position

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Traded in Other Exchanges

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Address

No. 199, Haibin 15 Road, TianjinPort Free Trade Zone, Tianjin, CHN, 300461

Website

http://www.cnoocengineering.com

Offshore Oil Engineering Co Ltd operates as an engineering design, procurement, construction, and installation (EPCI) company primarily for the oil and natural gas industry in China and internationally. The company provides technical services, subsea pipe maintenance, and other services for offshore oil underwater engineering; oil-gas field development and repair services; and consulting services for deep-sea engineering.

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