CNOOC Energy Technology & Services Ltd (600968) - Total Assets
Based on the latest financial reports, CNOOC Energy Technology & Services Ltd (600968) holds total assets worth CN¥49.49 Billion CNY (≈ $7.24 Billion USD) as of June 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.
CNOOC Energy Technology & Services Ltd - Total Assets Trend (2013–2025)
This chart illustrates how CNOOC Energy Technology & Services Ltd's total assets have evolved over time, based on quarterly financial data. Also see CNOOC Energy Technology & Services Ltd market cap and net worth for the company's overall valuation and market capitalisation.
CNOOC Energy Technology & Services Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
CNOOC Energy Technology & Services Ltd's total assets of CN¥49.49 Billion consist of 54.7% current assets and 45.3% non-current assets. Review 600968 total debt and obligations to assess the company's total debt and financial obligations.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.7% |
| Accounts Receivable | CN¥13.61 Billion | 26.4% |
| Inventory | CN¥1.07 Billion | 2.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥2.29 Billion | 4.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2025)
This chart illustrates how CNOOC Energy Technology & Services 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. See CNOOC Energy Technology & Services Ltd (600968) stock price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: CNOOC Energy Technology & Services Ltd's current assets represent 54.7% of total assets in 2025, an increase from 42.4% in 2013.
- Cash Position: Cash and equivalents constituted 16.7% of total assets in 2025, up from 9.9% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 3.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 26.4% of total assets.
CNOOC Energy Technology & Services Ltd Competitors by Total Assets
Key competitors of CNOOC Energy Technology & Services Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
Exmar NV
BR:EXM
|
Belgium | €933.99 Million |
|
Calfrac Well Services Ltd.
TO:CFW
|
Canada | CA$1.05 Billion |
|
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
VI:SBO
|
Austria | €898.01 Million |
|
ProPetro Holding Corp
NYSE:PUMP
|
USA | $1.41 Billion |
|
Keyfield International Berhad
KLSE:5321
|
Malaysia | RM1.18 Billion |
|
PBG SA
WAR:PBG
|
Poland | zł22.34 Million |
|
S.D. STANDARD ETC DL-03
F:S1P
|
Germany | €121.10 Million |
CNOOC Energy Technology & Services 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 | 1.72 | 1.62 | 1.65 |
| Quick Ratio | 1.62 | 1.54 | 1.57 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥10.91 Billion | CN¥9.65 Billion | CN¥6.79 Billion |
CNOOC Energy Technology & Services Ltd - Advanced Valuation Insights
This section examines the relationship between CNOOC Energy Technology & Services 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 | 1.36 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 4.0% |
| Total Assets | CN¥51.49 Billion |
| Market Capitalization | $5.88 Billion USD |
Valuation Analysis
Below Book Valuation: The market values CNOOC Energy Technology & Services Ltd's assets below their book value (0.11x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: CNOOC Energy Technology & Services Ltd's assets grew by 4.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for CNOOC Energy Technology & Services Ltd (2013–2025)
The table below shows the annual total assets of CNOOC Energy Technology & Services Ltd from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥51.49 Billion ≈ $7.54 Billion |
+4.02% |
| 2024-12-31 | CN¥49.50 Billion ≈ $7.24 Billion |
+10.24% |
| 2023-12-31 | CN¥44.91 Billion ≈ $6.57 Billion |
+10.41% |
| 2022-12-31 | CN¥40.67 Billion ≈ $5.95 Billion |
+14.01% |
| 2021-12-31 | CN¥35.67 Billion ≈ $5.22 Billion |
+9.51% |
| 2020-12-31 | CN¥32.58 Billion ≈ $4.77 Billion |
+9.68% |
| 2019-12-31 | CN¥29.70 Billion ≈ $4.35 Billion |
+6.92% |
| 2018-12-31 | CN¥27.78 Billion ≈ $4.06 Billion |
+3.58% |
| 2017-12-31 | CN¥26.82 Billion ≈ $3.92 Billion |
-2.21% |
| 2016-12-31 | CN¥27.43 Billion ≈ $4.01 Billion |
-7.13% |
| 2015-12-31 | CN¥29.53 Billion ≈ $4.32 Billion |
-17.39% |
| 2014-12-31 | CN¥35.75 Billion ≈ $5.23 Billion |
+12.15% |
| 2013-12-31 | CN¥31.88 Billion ≈ $4.66 Billion |
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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 oilfield engineering technology services, equipment manufacturing and maintenance services, and oil production services; technical services to oil and gas companies, including engineering and technical … Read more