Offshore Oil Engineering Co.,Ltd

Offshore Oil Engineering Co.,Ltdverified

600583.SS

Price:

$5.41

Market Cap:

$23.92B

Offshore Oil Engineering Co., Ltd. operates as an engineering design, procurement, construction, and installation (EPCI) company primarily for the oil and natural gas industry in China and internationally. The company provides construction of offshore oil construction projects, marine engineering, chemical engineering, pressure pipeline, electrical and instrument automation products, special equipment for oil, gas and water treatment equipment, skid-mounted natural gas compressor units, deepwater subsea production systems and facilities, E&I products, technical, submarine pipeline maintenance, and other services for offshore oil underwater projects; oil-gas field development and repair servi...[Read more]

Industry

Oil & Gas Equipment & Services

IPO Date

2002-02-05

Stock Exchange

SHH

Ticker

600583.SS

The Current Ratio as of December 2025 (TTM) for Offshore Oil Engineering Co.,Ltd (600583.SS) is 1.71

According to Offshore Oil Engineering Co.,Ltd’s latest financial reports and current stock price. The company's current Current Ratio is 1.71. This represents a change of 5.83% compared to the average of 1.61 of the last 4 quarters.

Offshore Oil Engineering Co.,Ltd (600583.SS) Historical Current Ratio (quarterly & annually)

How has 600583.SS Current Ratio performed in the past?

The mean historical Current Ratio of Offshore Oil Engineering Co.,Ltd over the last ten years is 1.91. The current 1.71 Current Ratio has changed 8.85% with respect to the historical average. Over the past ten years (40 quarters), 600583.SS's Current Ratio was at its highest in in the June 2018 quarter at 3.18. The Current Ratio was at its lowest in in the September 2024 quarter at 1.54.

Quarterly (TTM)
Annual

Average

1.91

Median

1.85

Minimum

1.57

Maximum

2.50

Offshore Oil Engineering Co.,Ltd (600583.SS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Offshore Oil Engineering Co.,Ltd Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 21.84%

Maximum Annual Current Ratio = 2.50

Minimum Annual Increase = -17.31%

Minimum Annual Current Ratio = 1.57

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.580.08%
20231.57-0.44%
20221.58-2.81%
20211.63-7.28%
20201.75-9.77%
20191.94-6.12%
20182.07-17.31%
20172.5012.04%
20162.240.19%
20152.2321.84%

Offshore Oil Engineering Co.,Ltd (600583.SS) Average Current Ratio

How has 600583.SS Current Ratio performed in the past?

The current Current Ratio of Offshore Oil Engineering Co.,Ltd (600583.SS) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.58

5-year avg

1.62

10-year avg

1.91

Offshore Oil Engineering Co.,Ltd (600583.SS) Current Ratio vs. Peers

How is 600583.SS’s Current Ratio compared to its peers?

Offshore Oil Engineering Co.,Ltd’s Current Ratio is greater than China Petroleum Engineering Corporation (1.35), less than Jiangxi Jovo Energy Co., Ltd (2.21), less than Jinneng Holding Shanxi Coal Industry Co.,ltd. (3.05), greater than Shanxi Meijin Energy Co.,Ltd. (0.44), less than Shandong Xinchao Energy Corporation Limited (2.36), greater than Sinopec Shanghai Petrochemical Company Limited (1.11), less than Nanjing Tanker Corporation (5.72), less than CNOOC Energy Technology & Services Limited (1.72), greater than Zhongman Petroleum and Natural Gas Group Corp., Ltd. (1.07), greater than Shan Xi Huayang Group New Energy Co.,Ltd. (0.79),

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