CNOOC Ltd

Common Name
CNOOC
Country
China (Mainland)
Sector
Energy
Industry
Oil & Gas E&P
Employees
22,181
Ticker
600938
Exchange
SHANGHAI STOCK EXCHANGE
Description
CNOOC Ltd. is a leading Chinese oil and natural gas exploration and production company. It serves as a key player in the energy sector, focusing on the exploration, development, and production of crud...

CNOOC's Financial Statements Preview

Below are the financial statements of CNOOC, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

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All figures in millions of CNY
2024 as of 2024-12-31
2023 as of 2023-12-31
Non-current assets
Property, plant and equipment
632,410a
592,920a
Right-of-use assets
12,755a
12,039a
Intangible assets
16,961a
16,769a
Investments in associates
25,047a
28,910a
Investment in a joint venture
23,444a
22,342a
Debt investment
8,504a
8,221a
Equity investments
18a
886a
Deferred tax assets
25,465a
28,562a
Other non-current assets
47,068a
40,442a
Other non-current financial assets
0a
4,232a
Total non-current assets
791,672a
755,323a
Current assets
Inventories and supplies
5,732a
6,451a
Trade receivables
33,661a
37,052a
Other financial assets
45,771a
44,304a
Derivative financial instruments
4a
43a
Other current assets
12,837a
11,863a
Time deposits with maturity over three months but within one year
72,912a
17,123a
Cash and cash equivalents
81,284a
133,439a
Assets held for sale
12,408a
0a
Total current assets
264,609a
250,275a
Current liabilities
Loans and borrowings
20,084a
21,894a
Trade and accrued payables
59,685a
61,382a
Lease liabilities
2,264a
2,217a
Contract liabilities
508a
1,383a
Other payables and accrued liabilities
11,207a
11,908a
Derivative financial instruments
12a
25a
Taxes payable
19,949a
25,130a
Liabilities held for sale
5,166a
0a
Total current liabilities
118,875a
123,939a
Net current assets
145,734a
126,336a
Total assets less current liabilities
937,406a
881,659a
Non-current liabilities
Loans and borrowings
61,243a
88,208a
Lease liabilities
8,296a
7,858a
Provision for dismantlement
99,740a
97,091a
Deferred tax liabilities
12,521a
10,845a
Other non-current liabilities
6,170a
9,781a
Total non-current liabilities
187,970a
213,783a
Net assets
749,436a
667,876a
Equity
Issued capital
75,180a
75,180a
Reserves
672,368a
591,406a
Equity attributable to equity shareholders of the Company
747,548a
666,586a
Non-controlling interests
1,888a
1,290a
Total equity
749,436a
667,876a
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Verified Sources Behind CNOOC’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore CNOOC’s data sources below and access millions more through our Disclosure Search.

a. CNOOC's Annual Report 2024
a. CNOOC's Annual Report 2024
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