CNOOC Energy Technology & Services Ltd (600968) — Tangible Net Worth Ratio

Latest as of March 2026: 92.7%

CNOOC Energy Technology & Services Ltd (600968) has a Tangible Net Worth Ratio of 92.7% as of March 2026. This metric is calculated by deducting intangible assets (CN¥2.24 Billion) from net assets (CN¥30.74 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See 600968 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

92.7%
Tangible equity / total equity

Net Assets (Equity)

CN¥30.74 Billion
CNY

Intangible Assets

CN¥2.24 Billion
Goodwill, patents, brand value

Total Assets

CN¥48.72 Billion
CNY

CNOOC Energy Technology & Services Ltd Tangible Net Worth Ratio (2013–2025)

This chart shows how CNOOC Energy Technology & Services Ltd's Tangible Net Worth Ratio has changed across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 92.7%, reflecting net assets of CN¥30.74 Billion with intangible assets of CN¥2.24 Billion CNY. See CNOOC Energy Technology & Services Ltd (600968) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for CNOOC Energy Technology & Services Ltd (2013–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for CNOOC Energy Technology & Services Ltd from 2013 to 2025, covering 13 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see 600968 stock market capitalisation.

Year Tangible NW Ratio Net Assets (CNY) Intangible Assets Total Assets Change (pp)
2025 92.4% CN¥30.39 Billion CN¥2.29 Billion CN¥51.49 Billion ▲ +0.7 pp
2024 91.8% CN¥27.86 Billion CN¥2.29 Billion CN¥49.50 Billion ▲ +1.1 pp
2023 90.7% CN¥25.30 Billion CN¥2.36 Billion CN¥44.91 Billion ▲ +0.9 pp
2022 89.8% CN¥23.04 Billion CN¥2.35 Billion CN¥40.67 Billion ▼ -1.2 pp
2021 91.0% CN¥21.02 Billion CN¥1.89 Billion CN¥35.67 Billion ▲ +0.3 pp
2020 90.7% CN¥20.17 Billion CN¥1.88 Billion CN¥32.58 Billion ▲ +0.7 pp
2019 90.0% CN¥18.99 Billion CN¥1.91 Billion CN¥29.70 Billion ▲ +3.1 pp
2018 86.9% CN¥13.94 Billion CN¥1.83 Billion CN¥27.78 Billion ▲ +1.3 pp
2017 85.6% CN¥13.22 Billion CN¥1.90 Billion CN¥26.82 Billion ▲ +0.7 pp
2016 84.9% CN¥13.07 Billion CN¥1.97 Billion CN¥27.43 Billion ▼ -0.7 pp
2015 85.6% CN¥14.00 Billion CN¥2.01 Billion CN¥29.53 Billion ▼ -2.3 pp
2014 88.0% CN¥18.18 Billion CN¥2.19 Billion CN¥35.75 Billion ▼ -5.0 pp
2013 93.0% CN¥15.82 Billion CN¥1.11 Billion CN¥31.88 Billion
pp = percentage points