C

CNOOC Ltd
SSE:600938

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CNOOC Ltd
SSE:600938
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Price: 26.21 CNY -1.21% Market Closed
Market Cap: 717B CNY
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Income Statement

Earnings Waterfall
CNOOC Ltd

Revenue
451.3B CNY
Cost of Revenue
-246.5B CNY
Gross Profit
204.8B CNY
Operating Expenses
-14.9B CNY
Operating Income
190B CNY
Other Expenses
-50.1B CNY
Net Income
139.8B CNY

Income Statement
CNOOC Ltd

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Income Statement
Currency: CNY
Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024
Revenue
Revenue
254 668
N/A
246 112
-3%
284 624
+16%
338 233
+19%
383 402
+13%
422 230
+10%
429 043
+2%
411 939
-4%
417 902
+1%
416 609
0%
430 366
+3%
451 315
+5%
Gross Profit
Cost of Revenue
(148 083)
(128 686)
(144 981)
(172 603)
(192 703)
(209 737)
(228 292)
(218 495)
(229 731)
(221 963)
(236 722)
(246 494)
Gross Profit
106 586
N/A
117 426
+10%
139 642
+19%
165 631
+19%
190 698
+15%
212 493
+11%
200 751
-6%
193 444
-4%
188 171
-3%
194 646
+3%
193 644
-1%
204 821
+6%
Operating Income
Operating Expenses
(9 690)
(15 729)
(17 161)
(17 316)
(17 643)
(20 827)
(11 537)
(12 002)
(12 651)
(25 360)
(15 023)
(14 868)
Selling, General & Administrative
(8 252)
(11 497)
(8 273)
(8 666)
(9 039)
(16 303)
(9 890)
(10 223)
(10 510)
(20 730)
(10 899)
(10 950)
Research & Development
(2 032)
(1 506)
(1 561)
(1 366)
(1 336)
(1 527)
(1 653)
(1 810)
(1 904)
(1 605)
(1 590)
(1 610)
Depreciation & Amortization
0
(520)
0
0
0
(770)
0
0
0
(1 168)
0
0
Other Operating Expenses
594
(2 206)
(7 327)
(7 285)
(7 268)
(2 227)
6
31
(237)
(1 857)
(2 534)
(2 308)
Operating Income
96 896
N/A
101 697
+5%
122 482
+20%
148 315
+21%
173 056
+17%
191 666
+11%
189 214
-1%
181 442
-4%
175 520
-3%
169 286
-4%
178 621
+6%
189 953
+6%
Pre-Tax Income
Interest Income Expense
(1 965)
2 079
(1 041)
592
1 277
3 839
3 117
2 208
2 777
7 096
3 636
2 131
Non-Reccuring Items
(3 862)
(7 972)
(46)
(36)
(35)
(580)
(13)
(24)
(28)
(3 491)
(116)
(92)
Total Other Income
209
17
34
(126)
(101)
(155)
(205)
(132)
(237)
83
101
136
Pre-Tax Income
91 278
N/A
95 820
+5%
121 428
+27%
148 745
+22%
174 196
+17%
194 770
+12%
192 113
-1%
183 494
-4%
178 032
-3%
172 974
-3%
182 242
+5%
192 128
+5%
Net Income
Tax Provision
(23 875)
(25 514)
(31 627)
(39 882)
(47 962)
(53 093)
(52 627)
(49 952)
(47 454)
(48 884)
(50 535)
(52 041)
Income from Continuing Operations
67 403
70 307
89 802
108 863
126 235
141 677
139 486
133 542
130 578
124 090
131 707
140 087
Income to Minority Interest
8
13
13
14
16
23
26
32
(1)
(247)
(258)
(274)
Net Income (Common)
67 411
N/A
70 320
+4%
89 815
+28%
108 878
+21%
126 251
+16%
141 700
+12%
139 512
-2%
133 574
-4%
130 577
-2%
123 843
-5%
131 449
+6%
139 813
+6%
EPS (Diluted)
1.43
N/A
1.49
+4%
1.9
+28%
2.3
+21%
2.85
+24%
3.03
+6%
2.93
-3%
2.8
-4%
2.74
-2%
2.6
-5%
2.76
+6%
2.94
+7%

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