Gross Margin - CNOOC Ltd (SSE:600938) - Alpha Spread
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CNOOC Ltd
SSE:600938

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CNOOC Ltd
SSE:600938
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Price: 26.77 CNY 0.3% Market Closed
Market Cap: 732.3B CNY
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Gross Margin
CNOOC Ltd

45.4%
Current
47%
Average
34.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
45.4%
=
Gross Profit
204.8B
/
Revenue
451.3B

Gross Margin Across Competitors

Country CN
Market Cap 732.3B CNY
Gross Margin
45%
Country US
Market Cap 128.6B USD
Gross Margin
48%
Country US
Market Cap 71.8B USD
Gross Margin
63%
Country CA
Market Cap 71.3B USD
Gross Margin
52%
Country US
Market Cap 46B USD
Gross Margin
51%
Country US
Market Cap 41.3B USD
Gross Margin
75%
Country US
Market Cap 32.4B USD
Gross Margin
75%
Country AU
Market Cap 31.9B USD
Gross Margin
45%
Country US
Market Cap 25.8B EUR
Gross Margin
92%
Country US
Market Cap 25.4B USD
Gross Margin
51%
Country US
Market Cap 21.5B USD
Gross Margin
94%

Profitability Report

View the profitability report to see the full profitability analysis for CNOOC Ltd.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
45.4%
=
Gross Profit
204.8B
/
Revenue
451.3B
What is the Gross Margin of CNOOC Ltd?

Based on CNOOC Ltd's most recent financial statements, the company has Gross Margin of 45.4%.