600938.SS
Price:
$32.67
Market Cap:
$971.06B
CNOOC Limited, an investment holding firm, is primarily involved in the full spectrum of crude oil and natural gas operations, encompassing their discovery, development, production, and subsequent sale. The company organizes its activities into two core divisions: Exploration & Production (E&P) and Trading. Key offshore regions for its crude oil and natural gas output within China include Bohai, the Western and Eastern South China Sea, and the East China Sea. Beyond its domestic operations, CNOOC also holds stakes in diverse oil and gas ventures spanning Asia, Africa, North America, South America, Oceania, and Europe. Additionally, its business scope extends to the trading of petroleum and n...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
2022-04-21
Stock Exchange
SHH
Ticker
600938.SS
According to CNOOC Limited’s latest financial reports and current stock price. The company's current Current Ratio is 3.24. This represents a change of 34.69% compared to the average of 2.40 of the last 4 quarters.
The mean historical Current Ratio of CNOOC Limited over the last ten years is 2.31. The current 3.24 Current Ratio has changed 13.90% with respect to the historical average. Over the past ten years (40 quarters), 600938.SS's Current Ratio was at its highest in in the December 2006 quarter at 3.31. The Current Ratio was at its lowest in in the December 2013 quarter at 1.14.
Average
2.31
Median
2.24
Minimum
1.82
Maximum
3.24
Discovering the peaks and valleys of CNOOC Limited 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 = 45.42%
Maximum Annual Current Ratio = 3.24
Minimum Annual Increase = -13.49%
Minimum Annual Current Ratio = 1.82
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 3.24 | 45.42% |
| 2024 | 2.23 | 10.23% |
| 2023 | 2.02 | -13.49% |
| 2022 | 2.33 | 5.44% |
| 2021 | 2.21 | 1.41% |
| 2020 | 2.18 | -3.28% |
| 2019 | 2.26 | -12.45% |
| 2018 | 2.58 | 14.02% |
| 2017 | 2.26 | 24.28% |
| 2016 | 1.82 | 9.48% |
The current Current Ratio of CNOOC Limited (600938.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.49
5-year avg
2.41
10-year avg
2.31
CNOOC Limited’s Current Ratio is greater than China Shenhua Energy Company Limited (0.99), greater than China Petroleum & Chemical Corporation (0.82), greater than PetroChina Company Limited (1.13), greater than Shandong Xinchao Energy Corporation Limited (2.05), greater than CNOOC Energy Technology & Services Limited (1.75), greater than Offshore Oil Engineering Co.,Ltd (1.73), greater than Geo-Jade Petroleum Corporation (1.28), greater than China Merchants Energy Shipping Co., Ltd. (0.57), less than Nanjing Tanker Corporation Class A (6.00), greater than Zhongman Petroleum and Natural Gas Group Corp., Ltd. (1.00),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.99 | $969.95B | |
| 0.82 | $604.51B | |
| 1.13 | $1.95T | |
| 2.05 | $27.95B | |
| 1.75 | $39.14B | |
| 1.73 | $24.10B | |
| 1.28 | $10.41B | |
| 0.57 | $137.67B | |
| 6.00 | $16.66B | |
| 1.00 | $10.32B |
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