C

CNOOC Ltd
SSE:600938

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CNOOC Ltd
SSE:600938
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Price: 28.83 CNY -0.72%
Market Cap: 788.7B CNY
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Operating Margin
CNOOC Ltd

44.2%
Current
43%
Average
12.3%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
44.2%
=
Operating Profit
192.5B
/
Revenue
435.8B

Operating Margin Across Competitors

Country CN
Market Cap 788.7B CNY
Operating Margin
44%
Country US
Market Cap 125.3B USD
Operating Margin
25%
Country US
Market Cap 68B USD
Operating Margin
37%
Country CA
Market Cap 91.9B CAD
Operating Margin
28%
Country US
Market Cap 46.3B USD
Operating Margin
47%
Country US
Market Cap 46B USD
Operating Margin
34%
Country US
Market Cap 40.3B USD
Operating Margin
36%
Country AU
Market Cap 46.2B AUD
Operating Margin
38%
Country US
Market Cap 25.8B EUR
Operating Margin
58%
Country US
Market Cap 26.8B USD
Operating Margin
77%
Country US
Market Cap 26.4B USD
Operating Margin
8%
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CNOOC Ltd
Glance View

Market Cap
788.7B CNY
Industry
Energy

In the vast expanse of China's energy sector, CNOOC Ltd. stands as a commanding figure, bridging the gap between the nation’s thirst for energy and the immense reserves hidden beneath the ocean floor. Established in 1982, CNOOC Ltd. has evolved into the largest offshore oil and gas producer in China. The company operates primarily through its exploration and production segment, where it embarks on the quest to discover and extract hydrocarbons from offshore basins. With a significant stake in fields across the Bohai Bay, South China Sea, and even ventures into international waters, CNOOC’s operations are the embodiment of calculated risk and high reward. The company’s ability to harness advanced technology and expertise plays a crucial role in turning these underwater treasures into viable energy sources, contributing extensively to the robustness of China’s energy supply. CNOOC Ltd.’s business model intricately weaves exploration, development, and production, which allows the company to efficiently convert discovered reserves into financial health. Their income primarily stems from the sale of crude oil, natural gas, and petroleum products, surfacing from deep-sea extraction. This process is buoyed by strategic partnerships and joint ventures globally, extending their influence and capacity. Furthermore, by leveraging government backing and access to capital, CNOOC maintains a competitive edge in securing lucrative exploration rights and maintaining operational resilience even amidst fluctuating oil prices. Consequently, CNOOC Ltd. not only drives forward with a strong production profile but also consistently contributes significant energy resources to meet the growing demands of China and beyond.

Intrinsic Value
62.94 CNY
Undervaluation 54%
Intrinsic Value
Price
C

See Also

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What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
44.2%
=
Operating Profit
192.5B
/
Revenue
435.8B
What is the Operating Margin of CNOOC Ltd?

Based on CNOOC Ltd's most recent financial statements, the company has Operating Margin of 44.2%.