Offshore Oil Engineering Co.,Ltd

Offshore Oil Engineering Co.,Ltd - ROEverified

600583.SS

Price:

$6.2

Market Cap:

$27.41B

Offshore Oil Engineering Co., Ltd. (COOEC) operates as a leading engineering, procurement, construction, and installation (EPCI) provider, primarily serving the oil and natural gas sector in both China and international markets. The company specializes in developing and maintaining crucial infrastructure, including offshore oil platforms, marine and chemical engineering facilities, and pressure pipelines. Its comprehensive offerings also encompass electrical & instrument (E&I) automation systems, specialized equipment for oil, gas, and water treatment, skid-mounted natural gas compressor units, and advanced deepwater subsea production systems. Beyond construction, COOEC delivers a range of s...[Read more]

Industry

Oil & Gas Equipment & Services

IPO Date

2002-02-05

Stock Exchange

SHH

Ticker

600583.SS

The ROE as of September 2026 (TTM) for Offshore Oil Engineering Co.,Ltd (600583.SS) is 7.46%

According to Offshore Oil Engineering Co.,Ltd’s latest financial reports and current stock price. The company's current ROE is 7.46%. This represents a change of 300.10% compared to the average of 1.86% of the last 4 quarters.

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

How has 600583.SS ROE performed in the past?

The mean historical ROE of Offshore Oil Engineering Co.,Ltd over the last ten years is 4.03%. The current 7.46% ROE has changed 85.18% with respect to the historical average. Over the past ten years (40 quarters), 600583.SS's ROE was at its highest in in the December 2019 quarter at 2.93%. The ROE was at its lowest in in the June 2019 quarter at -2.06%.

Quarterly (TTM)
Annual

Average

4.03%

Median

3.90%

Minimum

0.12%

Maximum

8.23%

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

Discovering the peaks and valleys of Offshore Oil Engineering Co.,Ltd ROE, 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 = 1.20%

Maximum Annual ROE = 8.23%

Minimum Annual Increase = -83.59%

Minimum Annual ROE = 0.12%

Quarterly (TTM)
Annual
YearROEChange
20257.84%-4.69%
20248.23%25.90%
20236.54%6.19%
20226.15%278.52%
20211.63%1.38%
20201.60%1.20%
20190.12%-64.64%
20180.35%-83.59%
20172.12%-62.60%
20165.68%-61.73%

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

How has 600583.SS ROE performed in the past?

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

3-year avg

7.54%

5-year avg

6.08%

10-year avg

4.03%

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

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

Offshore Oil Engineering Co.,Ltd’s ROE is less than China Petroleum Engineering Corporation (0.94%), less than Jiangxi Jovo Energy Co., Ltd (13.68%), less than Jinneng Holding Shanxi Coal Industry Co.,ltd. (8.77%), greater than Shanxi Meijin Energy Co.,Ltd. (-8.07%), less than Shandong Xinchao Energy Corporation Limited (2.54%), greater than Sinopec Shanghai Petrochemical Company Limited (-2.87%), less than Nanjing Tanker Corporation Class A (13.14%), less than CNOOC Energy Technology & Services Limited (13.28%), less than Zhongman Petroleum and Natural Gas Group Corp., Ltd. (7.09%), less than Shan Xi Huayang Group New Energy Co.,Ltd. (7.19%),

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