600968—56

CNOOC Energy Technology & Services Ltd

Oil Related Services and EquipmentVerified

Score breakdown

Profitability+15Sentiment+15Risk penalty-3Missing signals-4

Quality breakdown

Key fields100Profile38Conclusion82AI synthesis40Observations23

CNOOC Energy Technology & Services Ltd (600968.SS) is currently classified as Energy - Fossil Fuels within Oil Related Services and Equipment (Energy). Classification confidence: 0.92 (verified market data). Capital structure on the latest snapshot: total assets 51,165,404,550 CNY, total equity 29,575,500,530, short-term debt 0, long-term debt 4,085,274,940. Net cash position is approximately -4,085,274,940 CNY. Profitability profile: revenue 50,363,061,030, gross profit 8,093,914,420, operating income 5,066,856,360, net income 3,884,331,740. Return on equity ~13.1%. Return on assets ~7.6%. Risk profile from automated assessment: liquidity risk medium, dilution risk low. Flags: Net cash is negative after subtracting total debt..

Profile

CompanyCNOOC Energy Technology & Services Ltd

Ticker600968.SS

SectorEnergy

BusinessEnergy - Fossil Fuels

Industry groupEnergy - Fossil Fuels

IndustryOil Related Services and Equipment

AI analysis

Business. CNOOC Energy Technology & Services Ltd is classified under Energy / Oil Related Services and Equipment and appears profitable on the latest normalized snapshot.

Classification. Classification confidence is 0.92 based on verified market data; matched terms: Oil Related Services and Equipment, Energy - Fossil Fuels, Energy.

Key takeaways

Return on equity is about 13.1%.
Debt to equity is about 0.14x.
Analyst estimate: Mean price target = 4.90 CNY
Analyst estimate: Median price target = 4.90 CNY

Financial snapshot

PeriodHA-latest

CurrencyCNY

Revenue$50.36B

Gross profit$8.09B

Operating income$5.07B

Net income$3.88B

R&D—

SG&A—

D&A—

SBC—

Operating cash flow—

CapEx—

Free cash flow—

Total assets$51.17B

Total liabilities$21.59B

Total equity$29.58B

Cash & equivalents—

Long-term debt$4.09B

Annual history (last 5)

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Quarterly history (last 4)

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Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$29.58B

Net cash-$4.09B

Current ratio1.6

Debt/Equity0.1

ROA7.6%

ROE13.1%

Cash conversion—

CapEx/Revenue—

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Energy - Fossil Fuels · cohort 87 companies

Metric600968Activity

Op margin10.1%23.2% medp25 15.8% · p75 28.2%bottom quartile

Net margin7.7%5.8% medp25 -2.3% · p75 11.7%above median

Gross margin16.1%25.7% medp25 17.0% · p75 43.1%bottom quartile

R&D / revenue—1.3% medp25 1.0% · p75 1.6%

CapEx / revenue—-7.8% medp25 -17.3% · p75 -1.5%

Debt / equity14.0%58.5% medp25 38.7% · p75 89.0%bottom quartile

Observations

IR observations

Mean price target4.90 CNY

Median price target4.90 CNY

High price target4.90 CNY

Low price target4.90 CNY

Mean recommendation1.40 (1=strong buy, 5=strong sell)

Strong-buy count3.00

Buy count2.00

Hold count0.00

Sell count0.00

Strong-sell count0.00

Mean EPS estimate0.44 CNY

Last actual EPS0.38 CNY

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-06 18:48 UTC#159cfb80

Source: analysis-pipeline (hybrid)Generated: 2026-05-06 18:58 UTCJob: 1dbbe5ba