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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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 717B CNY
Gross Margin
45%
Country US
Market Cap 129.2B USD
Gross Margin
47%
Country US
Market Cap 77B USD
Gross Margin
62%
Country CA
Market Cap 102.8B CAD
Gross Margin
50%
Country US
Market Cap 54.2B USD
Gross Margin
72%
Country US
Market Cap 46B USD
Gross Margin
51%
Country US
Market Cap 45.5B USD
Gross Margin
76%
Country US
Market Cap 37.8B USD
Gross Margin
93%
Country AU
Market Cap 47.6B AUD
Gross Margin
45%
Country US
Market Cap 27.8B USD
Gross Margin
56%
Country US
Market Cap 25.8B EUR
Gross Margin
92%
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CNOOC Ltd
Glance View

Market Cap
717B CNY
Industry
Energy

CNOOC Ltd., a leading oil and gas exploration and production company based in China, has carved its niche in the global energy landscape since its establishment in 1999. As a subsidiary of China National Offshore Oil Corporation, CNOOC specializes in offshore oil and gas exploration, leveraging extensive technological expertise and robust financial resources to discover and develop hydrocarbon reserves both domestically and internationally. With a diverse portfolio that spans vital areas such as the South China Sea, Africa, and the Americas, CNOOC is not only a driving force in China's energy security strategy but also plays a significant role in the global market, capturing the attention of savvy investors looking for strategic opportunities in the energy sector. For investors, CNOOC Ltd. presents a compelling case through its commitment to growth and profitability, enhanced by a disciplined approach to capital allocation. The company has demonstrated resilience against market fluctuations and geopolitical challenges, maintaining a strong balance sheet and consistently rewarding shareholders with dividends. Moreover, with the world's transition toward cleaner energy sources, CNOOC is actively investing in innovative technologies and renewable energy initiatives, positioning itself at the forefront of the industry's evolution. As economic recovery accelerates globally, and energy demand continues to rise, CNOOC's strategic investments and operational efficiencies make it an intriguing option for investors seeking exposure to the dynamic energy sector.

Intrinsic Value
43.23 CNY
Undervaluation 39%
Intrinsic Value
Price
C

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%.