CNOOC Energy Technology & Services Ltd (600968) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.158x

Based on the latest financial reports, CNOOC Energy Technology & Services Ltd (600968) has a cash flow conversion efficiency ratio of 0.158x as of December 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¥4.80 Billion ≈ $702.95 Million USD) by net assets (CN¥30.39 Billion ≈ $4.45 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see CNOOC Energy Technology & Services Ltd stock valuation for the company's overall valuation and market capitalisation.

CNOOC Energy Technology & Services Ltd - Cash Flow Conversion Efficiency Trend (2013–2025)

This chart illustrates how CNOOC Energy Technology & Services Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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. Explore cash flow quality index of CNOOC Energy Technology & Services Ltd to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Weatherford International plc NASDAQ:WFRD	0.158x
Shan Dong Sun Paper Industry Joint Stock Co Ltd SHE:002078	0.046x
Soitec SA PA:SOI	0.017x
Hunan Gold Corp Ltd SHE:002155	0.031x
Air Canada TO:AC	0.661x
Fortnox AB ST:FNOX	0.058x
Sigma Foods, S.A.B. de C.V. MX:SIGMAFA	0.310x
Compagnie du Cambodge PA:CBDG	0.004x

Annual Cash Flow Conversion Efficiency for CNOOC Energy Technology & Services Ltd (2013–2025)

The table below shows the annual cash flow conversion efficiency of CNOOC Energy Technology & Services Ltd from 2013 to 2025. View 600968 live share price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	CN¥30.39 Billion ≈ $4.45 Billion	CN¥5.46 Billion ≈ $798.82 Million	0.180x	-9.89%
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

SHG:600968 China Oil & Gas Equipment & Services

Market Cap

$5.88 Billion

CN¥40.15 Billion CNY

Market Cap Rank

#3220 Global

#415 in China

Share Price

CN¥3.95

Change (1 day)

+0.00%

52-Week Range

CN¥3.33 - CN¥5.63

All Time High

CN¥5.63