Offshore Oil Engineering Co Ltd (600583) - Total Assets
Based on the latest financial reports, Offshore Oil Engineering Co Ltd (600583) holds total assets worth CN¥48.21 Billion CNY (≈ $7.06 Billion USD) as of March 2026. 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. Check 600583 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Offshore Oil Engineering Co Ltd - Total Assets Trend (2000–2025)
This chart illustrates how Offshore Oil Engineering Co Ltd's total assets have evolved over time, based on quarterly financial data. Explore 600583 long-term investment intensity to see how much of total assets are deployed in long-term investments.
Offshore Oil Engineering Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
Offshore Oil Engineering Co Ltd's total assets of CN¥48.21 Billion consist of 64.1% current assets and 35.9% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 15.1% |
| Accounts Receivable | CN¥10.64 Billion | 21.5% |
| Inventory | CN¥699.68 Million | 1.4% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥2.15 Billion | 4.4% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2000–2025)
This chart illustrates how Offshore Oil Engineering Co 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. For live market cap, price, and company overview, see Offshore Oil Engineering Co Ltd (600583) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Offshore Oil Engineering Co Ltd's current assets represent 64.1% of total assets in 2025, an increase from 16.2% in 2000.
- Cash Position: Cash and equivalents constituted 15.1% of total assets in 2025, up from 7.8% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 21.5% of total assets.
Offshore Oil Engineering Co Ltd Competitors by Total Assets
Key competitors of Offshore Oil Engineering Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sinopec Oilfield Equipment Corp
SHE:000852
|
China | CN¥11.21 Billion |
|
Natural Gas Services Group Inc
NYSE:NGS
|
USA | $562.31 Million |
|
Calfrac Well Services Ltd.
TO:CFW
|
Canada | CA$1.05 Billion |
|
Petrolia SE
F:0PE
|
Germany | €77.80 Million |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
Worley Ltd
AU:WOR
|
Australia | AU$10.85 Billion |
|
SRJ Technologies Group Plc
AU:SRJ
|
Australia | AU$10.99 Million |
|
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
VI:SBO
|
Austria | €879.42 Million |
Offshore Oil Engineering Co 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 | 1.73 | 1.57 | 1.82 |
| Quick Ratio | 1.68 | 1.52 | 1.66 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥13.04 Billion | CN¥10.85 Billion | CN¥6.79 Billion |
Offshore Oil Engineering Co Ltd - Advanced Valuation Insights
This section examines the relationship between Offshore Oil Engineering Co 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 | 0.83 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 2.4% |
| Total Assets | CN¥49.39 Billion |
| Market Capitalization | $3.47 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Offshore Oil Engineering Co Ltd's assets below their book value (0.07x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Offshore Oil Engineering Co Ltd's assets grew by 2.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Offshore Oil Engineering Co Ltd (2000–2025)
The table below shows the annual total assets of Offshore Oil Engineering Co Ltd from 2000 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥49.39 Billion ≈ $7.23 Billion |
+2.41% |
| 2024-12-31 | CN¥48.23 Billion ≈ $7.06 Billion |
+11.51% |
| 2023-12-31 | CN¥43.25 Billion ≈ $6.33 Billion |
+1.44% |
| 2022-12-31 | CN¥42.64 Billion ≈ $6.24 Billion |
+23.04% |
| 2021-12-31 | CN¥34.65 Billion ≈ $5.07 Billion |
+4.12% |
| 2020-12-31 | CN¥33.28 Billion ≈ $4.87 Billion |
+4.47% |
| 2019-12-31 | CN¥31.86 Billion ≈ $4.66 Billion |
+5.66% |
| 2018-12-31 | CN¥30.15 Billion ≈ $4.41 Billion |
+6.17% |
| 2017-12-31 | CN¥28.40 Billion ≈ $4.16 Billion |
-4.75% |
| 2016-12-31 | CN¥29.81 Billion ≈ $4.36 Billion |
-5.19% |
| 2015-12-31 | CN¥31.44 Billion ≈ $4.60 Billion |
+0.95% |
| 2014-12-31 | CN¥31.15 Billion ≈ $4.56 Billion |
+10.83% |
| 2013-12-31 | CN¥28.10 Billion ≈ $4.11 Billion |
+37.99% |
| 2012-12-31 | CN¥20.37 Billion ≈ $2.98 Billion |
+8.42% |
| 2011-12-31 | CN¥18.79 Billion ≈ $2.75 Billion |
+4.83% |
| 2010-12-31 | CN¥17.92 Billion ≈ $2.62 Billion |
+9.48% |
| 2009-12-31 | CN¥16.37 Billion ≈ $2.40 Billion |
+1.89% |
| 2008-12-31 | CN¥16.07 Billion ≈ $2.35 Billion |
+99.27% |
| 2007-12-31 | CN¥8.06 Billion ≈ $1.18 Billion |
+60.49% |
| 2006-12-31 | CN¥5.02 Billion ≈ $735.08 Million |
+44.18% |
| 2005-12-31 | CN¥3.48 Billion ≈ $509.85 Million |
+31.02% |
| 2004-12-31 | CN¥2.66 Billion ≈ $389.13 Million |
+27.01% |
| 2003-12-31 | CN¥2.09 Billion ≈ $306.38 Million |
+6.75% |
| 2002-12-31 | CN¥1.96 Billion ≈ $287.02 Million |
+35.49% |
| 2001-12-31 | CN¥1.45 Billion ≈ $211.84 Million |
+47.12% |
| 2000-12-31 | CN¥984.01 Million ≈ $143.99 Million |
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About Offshore Oil Engineering Co Ltd
Offshore Oil Engineering Co.,Ltd engages in the design, procurement, construction, offshore installation, commissioning and maintenance of offshore oil and gas development projects in China and internationally. It engages in the engineering, general contracting business; development of offshore and shallow water oil and gas; providing professional solution for deep water jacket engineering, fabri… Read more