CNOOC Energy Technology & Services Ltd
SSE:600968

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CNOOC Energy Technology & Services Ltd
SSE:600968
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Price: 4.16 CNY 3.23% Market Closed
Market Cap: 42.3B CNY
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Gross Margin
CNOOC Energy Technology & Services Ltd

13.6%
Current
13%
Average
36.9%
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
13.6%
=
Gross Profit
7B
/
Revenue
51.4B

Gross Margin Across Competitors

Country CN
Market Cap 42.3B CNY
Gross Margin
14%
Country US
Market Cap 52.2B USD
Gross Margin
20%
Country US
Market Cap 39.6B USD
Gross Margin
21%
Country US
Market Cap 22.9B USD
Gross Margin
19%
Country LU
Market Cap 19.9B EUR
Gross Margin
36%
Country UK
Market Cap 12.2B USD
Gross Margin
19%
Country US
Market Cap 5.5B USD
Gross Margin
23%
Country IT
Market Cap 4.9B EUR
Gross Margin
31%
Country US
Market Cap 4.9B USD
Gross Margin
32%
Country US
Market Cap 4.9B USD
Gross Margin
35%
Country CN
Market Cap 34B CNY
Gross Margin
33%
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CNOOC Energy Technology & Services Ltd
Glance View

Market Cap
42.3B CNY
Industry
N/A

In the bustling world of energy exploration and production, CNOOC Energy Technology & Services Ltd. stands as a formidable entity, playing a crucial role as the backbone of China's offshore oil and gas industries. As a service arm of the China National Offshore Oil Corporation (CNOOC), the company orchestrates a complex symphony of support functions essential to the national energy agenda. At its core, CNOOC Energy Technology & Services operates an extensive array of services that span from geological exploration and drilling to logistical solutions—each a vital cog in the colossal machinery of energy extraction. Leveraging cutting-edge technology and decades of expertise, the company provides an effective framework for offshore operations, ensuring that each phase, from the seabed geology surveys to the intricate dance of rig deployment, is executed with precision. CNOOC Energy Technology & Services derives its revenue primarily through contracts and service agreements with CNOOC and other major players within the industry. By positioning itself as an indispensable partner in the upstream oil sector, it secures a steady stream of income, anchored by long-term service contracts that are often tied to large-scale offshore projects. This revenue model hinges on the company's capacity to deliver high-quality, efficient, and reliable services, enabling it to command significant market influence. Furthermore, its integration of modern technologies into traditional service lines not only sets it apart from regional competitors but also fortifies its standing in the global energy services market. Through strategic collaborations and an unfaltering commitment to innovation, CNOOC Energy Technology & Services continues to thrive, navigating the complexities of the energy landscape with a robust and adaptable business model.

Intrinsic Value
8.89 CNY
Undervaluation 53%
Intrinsic Value
Price

See Also

Discover More
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
13.6%
=
Gross Profit
7B
/
Revenue
51.4B
What is the Gross Margin of CNOOC Energy Technology & Services Ltd?

Based on CNOOC Energy Technology & Services Ltd's most recent financial statements, the company has Gross Margin of 13.6%.