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¥48.72 Billion CNY (≈ $7.13 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 600968 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
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. Check cash flow quality index of CNOOC Energy Technology & Services Ltd to evaluate the quality of earnings relative to operating cash generation.
CNOOC Energy Technology & Services Ltd - Asset Composition Analysis
Current Asset Composition (December 2025)
CNOOC Energy Technology & Services Ltd's total assets of CN¥48.72 Billion consist of 54.7% current assets and 45.3% non-current assets.
| 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. 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 54.7% 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 |
|---|---|---|
|
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 |
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 | 1.75 | 1.63 | 1.59 |
| Quick Ratio | 1.64 | 1.55 | 1.51 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥10.65 Billion | CN¥9.89 Billion | CN¥6.05 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 | 1.29 |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 4.0% |
| Total Assets | CN¥51.49 Billion |
| Market Capitalization | $5.61 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