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¥48.26 Billion CNY (≈ $7.06 Billion USD) as of September 2025. 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. See CNOOC Energy Technology & Services Ltd (600968) shareholders funds for net asset value and shareholders' equity analysis.
CNOOC Energy Technology & Services Ltd - Total Assets Trend (2013–2024)
This chart illustrates how CNOOC Energy Technology & Services Ltd's total assets have evolved over time, based on quarterly financial data.
CNOOC Energy Technology & Services Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
CNOOC Energy Technology & Services Ltd's total assets of CN¥48.26 Billion consist of 54.9% current assets and 45.1% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 13.5% |
| Accounts Receivable | CN¥13.88 Billion | 28.0% |
| Inventory | CN¥1.01 Billion | 2.1% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥2.29 Billion | 4.6% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (2013–2024)
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. For live market cap, price, and company overview, see CNOOC Energy Technology & Services Ltd (600968) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: CNOOC Energy Technology & Services Ltd's current assets represent 54.9% of total assets in 2024, an increase from 42.4% in 2013.
- Cash Position: Cash and equivalents constituted 13.5% of total assets in 2024, 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 28.0% 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 Company
NYSE:HAL
|
USA | $25.01 Billion |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
China Oilfield Services Ltd Class A
SHG:601808
|
China | CN¥83.90 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 |
|
Exmar NV
BR:EXM
|
Belgium | €1.03 Billion |
|
Lupatech S.A
SA:LUPA3
|
Brazil | R$488.90 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 | 1.57 | 1.47 |
| Quick Ratio | 1.61 | 1.49 | 1.42 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥10.80 Billion | CN¥8.83 Billion | CN¥5.49 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 | 1.53 |
| Latest Market Cap to Assets Ratio | 0.13 |
| Asset Growth Rate (YoY) | 10.2% |
| Total Assets | CN¥49.50 Billion |
| Market Capitalization | $6.59 Billion USD |
Valuation Analysis
Below Book Valuation: The market values CNOOC Energy Technology & Services Ltd's assets below their book value (0.13x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: CNOOC Energy Technology & Services Ltd's assets grew by 10.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for CNOOC Energy Technology & Services Ltd (2013–2024)
The table below shows the annual total assets of CNOOC Energy Technology & Services Ltd from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 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 engineering and technical services; equipment design; manufacturing, operation, and maintenance; and integrated oil and gas field production services; oil field recovery rates; supervision and inspectio… Read more