CNOOC Energy Technology & Services (SHSE:600968) FCF Yield % : 6.54 (As of May. 05, 2024)

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What is CNOOC Energy Technology & Services FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, CNOOC Energy Technology & Services's Trailing 12-Month Free Cash Flow is ¥2,707 Mil, and Market Cap is ¥41,372 Mil. Therefore, CNOOC Energy Technology & Services's FCF Yield % for today is 6.54%.

The historical rank and industry rank for CNOOC Energy Technology & Services's FCF Yield % or its related term are showing as below:

SHSE:600968' s FCF Yield % Range Over the Past 10 Years
Min: -0.03 Med: 7.44 Max: 18.69
Current: 6.54

During the past 11 years, the highest FCF Yield % of CNOOC Energy Technology & Services was 18.69%. The lowest was -0.03%. And the median was 7.44%.

SHSE:600968's FCF Yield % is ranked better than
61.9% of 1084 companies
in the Oil & Gas industry
Industry Median: 1.94 vs SHSE:600968: 6.54

CNOOC Energy Technology & Services's FCF Margin % for the quarter that ended in Mar. 2024 was -16.78%.

CNOOC Energy Technology & Services FCF Yield % Historical Data

The historical data trend for CNOOC Energy Technology & Services's FCF Yield % 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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CNOOC Energy Technology & Services FCF Yield % Chart

CNOOC Energy Technology & Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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6.24

14.77

4.00

3.90

19.06

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
FCF Yield %	Get a 7-Day Free Trial															15.15	2.91	10.84	43.15	-17.17

Competitive Comparison of CNOOC Energy Technology & Services's FCF Yield %

For the Oil & Gas Equipment & Services subindustry, CNOOC Energy Technology & Services's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CNOOC Energy Technology & Services's FCF Yield % distribution charts can be found below:

* The bar in red indicates where CNOOC Energy Technology & Services's FCF Yield % falls into.

CNOOC Energy Technology & Services FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

CNOOC Energy Technology & Services's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	5522.587	/	28970.535
	=	19.06%

CNOOC Energy Technology & Services's annualized FCF Yield % for the quarter that ended in Mar. 2024 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-1544.91	*	4	/	35984.454
	=	-17.17%

CNOOC Energy Technology & Services FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

CNOOC Energy Technology & Services FCF Yield % Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CNOOC Energy Technology & Services Ltd (SHSE:600968) » Definitions » FCF Yield %

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Address

Number 6 Waizhi Street, Haiyou Building, Dongzhimen, Dongcheng District, Beijing, CHN, 100027

Website

https://cenertech.cnooc.com.cn

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.

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