CNOOC Energy Technology & Services Ltd (600968) - Cash Flow Conversion Efficiency
Based on the latest financial reports, CNOOC Energy Technology & Services Ltd (600968) has a cash flow conversion efficiency ratio of 0.029x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CN¥855.92 Million ≈ $125.25 Million USD) by net assets (CN¥29.29 Billion ≈ $4.29 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
CNOOC Energy Technology & Services Ltd - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how CNOOC Energy Technology & Services Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read 600968 liabilities breakdown for a breakdown of total debt and financial obligations.
CNOOC Energy Technology & Services Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CNOOC Energy Technology & Services Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Zheshang Securities Co Ltd
SHG:601878
|
0.138x |
|
Light & Wonder Inc
NASDAQ:LNW
|
0.254x |
|
Bank of Maharashtra
NSE:MAHABANK
|
-0.674x |
|
International Games System Co Ltd
TWO:3293
|
0.235x |
|
New China Life Insurance Company Ltd
F:NCL
|
0.327x |
|
Shin Kong Financial Holding Co Ltd
TW:2888
|
-0.184x |
|
Tsingtao Brewery Co Ltd
SHG:600600
|
0.032x |
|
Hanwha
KO:000880
|
0.032x |
Annual Cash Flow Conversion Efficiency for CNOOC Energy Technology & Services Ltd (2013–2024)
The table below shows the annual cash flow conversion efficiency of CNOOC Energy Technology & Services Ltd from 2013 to 2024. For the full company profile with market capitalisation and key ratios, see 600968 market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CN¥27.86 Billion ≈ $4.08 Billion |
CN¥5.55 Billion ≈ $812.81 Million |
0.199x | -37.00% |
| 2023-12-31 | CN¥25.30 Billion ≈ $3.70 Billion |
CN¥8.01 Billion ≈ $1.17 Billion |
0.316x | +113.45% |
| 2022-12-31 | CN¥23.04 Billion ≈ $3.37 Billion |
CN¥3.42 Billion ≈ $499.81 Million |
0.148x | +18.31% |
| 2021-12-31 | CN¥21.02 Billion ≈ $3.08 Billion |
CN¥2.63 Billion ≈ $385.37 Million |
0.125x | -38.98% |
| 2020-12-31 | CN¥20.17 Billion ≈ $2.95 Billion |
CN¥4.14 Billion ≈ $606.22 Million |
0.205x | +33.05% |
| 2019-12-31 | CN¥18.99 Billion ≈ $2.78 Billion |
CN¥2.93 Billion ≈ $428.94 Million |
0.154x | +33.98% |
| 2018-12-31 | CN¥13.94 Billion ≈ $2.04 Billion |
CN¥1.61 Billion ≈ $234.96 Million |
0.115x | -28.26% |
| 2017-12-31 | CN¥13.22 Billion ≈ $1.93 Billion |
CN¥2.12 Billion ≈ $310.56 Million |
0.161x | -7.00% |
| 2016-12-31 | CN¥13.07 Billion ≈ $1.91 Billion |
CN¥2.26 Billion ≈ $330.21 Million |
0.173x | -15.22% |
| 2015-12-31 | CN¥14.00 Billion ≈ $2.05 Billion |
CN¥2.85 Billion ≈ $417.21 Million |
0.204x | +14.08% |
| 2014-12-31 | CN¥18.18 Billion ≈ $2.66 Billion |
CN¥3.25 Billion ≈ $474.85 Million |
0.179x | +65.84% |
| 2013-12-31 | CN¥15.82 Billion ≈ $2.32 Billion |
CN¥1.70 Billion ≈ $249.24 Million |
0.108x | -- |
About CNOOC Energy Technology & Services Ltd
CNOOC Energy Technology & Services Limited operates as an offshore and onshore oil and gas production company in China and internationally. The company offers energy technology services, including engineering and technical services; equipment design; manufacturing, operation, and maintenance; and integrated oil and gas field production services; oil field recovery rates; supervision and inspectio… Read more