CNOOC Limited (HKG: 0883)

CNOOC Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	184,056	133,439	85,633	41,432	24,019	33,679
Short-Term Investments	-	17,123	35,754	38,298	41,812	17,160
Trading Asset Securities	48,176	44,304	88,209	82,440	61,662	114,513
Cash & Short-Term Investments	232,232	194,866	209,596	162,170	127,493	165,352
Cash Growth	11.22%	-7.03%	29.24%	27.20%	-22.90%	7.34%
Accounts Receivable	33,212	37,052	37,992	27,048	18,982	24,794
Other Receivables	6,863	1,041	647	1,079	823	589
Receivables	40,075	38,093	38,639	28,127	19,805	25,383
Inventory	5,761	6,451	6,239	5,703	5,644	6,314
Other Current Assets	3,822	10,865	10,205	11,982	10,449	8,886
Total Current Assets	285,595	250,275	264,679	207,982	163,391	205,935
Property, Plant & Equipment	640,856	604,959	543,184	474,182	455,829	449,733
Long-Term Investments	61,351	64,591	62,003	48,698	47,815	50,044
Goodwill	14,901	15,061	14,809	13,557	13,871	14,831
Other Intangible Assets	3,580	1,708	1,791	1,307	1,258	1,475
Long-Term Deferred Tax Assets	27,512	28,562	29,885	28,592	27,751	25,992
Other Long-Term Assets	44,877	40,442	12,680	12,251	11,360	9,721
Total Assets	1,079,390	1,005,598	929,031	786,569	721,275	757,731
Accounts Payable	68,773	61,382	59,789	48,939	18,106	19,828
Accrued Expenses	3,868	-	-	2,264	2,354	4,063
Short-Term Debt	4,315	4,365	4,303	4,303	-	1,905
Current Portion of Long-Term Debt	17,709	17,529	18,514	11,026	11,217	12,003
Current Portion of Leases	-	2,217	1,873	1,208	1,297	1,425
Current Income Taxes Payable	25,974	25,130	16,513	16,538	7,452	13,956
Current Unearned Revenue	2,256	1,383	1,691	1,983	1,544	2,231
Other Current Liabilities	44,051	11,933	10,708	7,690	32,882	35,838
Total Current Liabilities	166,946	123,939	113,391	93,951	74,852	91,249
Long-Term Debt	59,734	88,208	103,145	112,893	125,013	136,152
Long-Term Leases	8,399	7,858	6,561	5,712	6,022	7,062
Long-Term Deferred Tax Liabilities	10,499	10,845	10,271	6,915	5,119	3,602
Other Long-Term Liabilities	113,208	106,872	97,280	85,122	76,339	71,440
Total Liabilities	358,786	337,722	330,648	304,593	287,345	309,505
Common Stock	75,180	75,180	75,180	43,081	43,081	43,081
Additional Paid-In Capital	2,844	-	-	-	-	-
Retained Earnings	640,643	585,345	518,985	454,363	404,490	405,733
Comprehensive Income & Other	166	6,061	3,017	-16,532	-13,863	-627
Total Common Equity	718,833	666,586	597,182	480,912	433,708	448,187
Minority Interest	1,771	1,290	1,201	1,064	222	39
Shareholders' Equity	720,604	667,876	598,383	481,976	433,930	448,226
Total Liabilities & Equity	1,079,390	1,005,598	929,031	786,569	721,275	757,731
Total Debt	90,157	120,177	134,396	135,142	143,549	158,547
Net Cash (Debt)	142,075	74,689	75,200	27,028	-16,056	6,805
Net Cash Growth	60.75%	-0.68%	178.23%	-	-	-41.17%
Net Cash Per Share	2.99	1.57	1.61	0.61	-0.36	0.15
Filing Date Shares Outstanding	47,714	47,567	47,567	44,647	44,647	44,647
Total Common Shares Outstanding	47,714	47,567	47,567	44,647	44,647	44,647
Working Capital	118,649	126,336	151,288	114,031	88,539	114,686
Book Value Per Share	15.07	14.01	12.55	10.77	9.71	10.04
Tangible Book Value	700,352	649,817	580,582	466,048	418,579	431,881
Tangible Book Value Per Share	14.68	13.66	12.21	10.44	9.38	9.67
Machinery	-	11,894	10,982	9,154	6,714	5,702

Source: S&P Capital IQ. Standard template. Financial Sources.