CNOOC Ltd
CNOOC Ltd operates in Diversified Metals & Mining.
CNOOC Ltd (NC2B) - Total Assets
Latest total assets as of September 2024: €1.08 Trillion EUR
Based on the latest financial reports, CNOOC Ltd (NC2B) holds total assets worth €1.08 Trillion EUR as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
CNOOC Ltd - Total Assets Trend (2016–2022)
This chart illustrates how CNOOC Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
CNOOC Ltd - Asset Composition Analysis
Current Asset Composition (December 2022)
CNOOC Ltd's total assets of €1.08 Trillion consist of 28.5% current assets and 71.5% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 13.1% |
| Accounts Receivable | €36.55 Billion | 3.9% |
| Inventory | €6.24 Billion | 0.7% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €1.60 Billion | 0.2% |
| Goodwill | €14.81 Billion | 1.6% |
Asset Composition Trend (2016–2022)
This chart illustrates how CNOOC Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: CNOOC Ltd's current assets represent 28.5% of total assets in 2022, an increase from 19.1% in 2016.
- Cash Position: Cash and equivalents constituted 13.1% of total assets in 2022, up from 2.2% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 2.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 3.9% of total assets.
CNOOC Ltd Competitors by Total Assets
Key competitors of CNOOC Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
XIWANG SPECIAL STEE (2XI.SG)
STU:2XI
|
Germany | €15.07 Billion |
|
LINDT & SPRUENGLI N - Dusseldorf Stock Exchang
DU:LSPN
|
Germany | €7.86 Billion |
|
PRICELINE.COM
BE:PCE1
|
Germany | €27.98 Billion |
|
PRICELINE GROUP (PCE1.SG)
STU:PCE1
|
Germany | €27.98 Billion |
|
MURPHY USA
BE:1MU
|
Germany | €4.40 Billion |
|
RESMED (RME.SG)
STU:RME
|
Germany | €7.22 Billion |
|
DIOS EXPLORATIONS
BE:BFM
|
Germany | €7.25 Million |
|
CHINA YUCHAI INTL (CYD.SG)
STU:CYD
|
Germany | €25.76 Billion |
CNOOC Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - CNOOC Ltd generates 0.47x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, CNOOC Ltd generates $ 15.25 in net profit.
CNOOC Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.71 | 1.68 | 2.21 |
| Quick Ratio | 1.68 | 1.64 | 2.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €118.65 Billion | € 111.51 Billion | € 122.64 Billion |
CNOOC Ltd - Advanced Valuation Insights
This section examines the relationship between CNOOC Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 18.1% |
| Total Assets | €929.03 Billion |
| Market Capitalization | $21.20K USD |
Valuation Analysis
Below Book Valuation: The market values CNOOC Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: CNOOC Ltd's assets grew by 18.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for CNOOC Ltd (2016–2022)
The table below shows the annual total assets of CNOOC Ltd from 2016 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | €929.03 Billion | +18.11% |
| 2021-12-31 | €786.57 Billion | +9.05% |
| 2020-12-31 | €721.27 Billion | -4.81% |
| 2019-12-31 | €757.73 Billion | +11.63% |
| 2018-12-31 | €678.78 Billion | +9.97% |
| 2017-12-31 | €617.22 Billion | -3.21% |
| 2016-12-31 | €637.68 Billion | -- |