CNOOC Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	246,335	78,679	81,284	133,439	85,633	41,432
Short-Term Investments	-	136,588	73,562	17,123	35,754	38,298
Trading Asset Securities	19,977	25,426	45,121	44,304	88,209	82,440
Cash & Short-Term Investments	266,312	240,693	199,967	194,866	209,596	162,170
Cash Growth	15.58%	20.37%	2.62%	-7.03%	29.24%	27.20%
Accounts Receivable	55,761	32,971	33,661	37,052	37,992	27,048
Other Receivables	5,760	398	547	1,041	647	1,079
Receivables	61,521	33,369	34,208	38,093	38,639	28,127
Inventory	5,545	6,090	5,732	6,451	6,239	5,703
Other Current Assets	4,483	15,231	24,702	10,865	10,205	11,982
Total Current Assets	342,932	295,383	264,609	250,275	264,679	207,982
Property, Plant & Equipment	682,819	678,204	645,165	604,959	543,184	474,182
Long-Term Investments	54,643	72,406	91,336	93,444	62,003	48,698
Goodwill	14,713	14,946	15,285	15,061	14,809	13,557
Other Intangible Assets	3,522	1,576	1,676	1,708	1,791	1,307
Long-Term Deferred Tax Assets	23,004	23,579	25,465	28,562	29,885	28,592
Other Long-Term Assets	29,930	12,465	12,745	11,589	12,680	12,251
Total Assets	1,151,563	1,098,559	1,056,281	1,005,598	929,031	786,569
Accounts Payable	68,069	59,631	59,685	61,382	59,789	48,939
Accrued Expenses	2,944	2,322	2,302	2,311	-	2,264
Short-Term Debt	-	-	4,303	4,365	4,303	4,303
Current Portion of Long-Term Debt	3,760	1,308	15,781	17,529	18,514	11,026
Current Portion of Leases	-	2,046	2,264	2,217	1,873	1,208
Current Income Taxes Payable	23,261	16,819	19,949	25,130	16,513	16,538
Current Unearned Revenue	725	804	508	1,383	1,691	1,983
Other Current Liabilities	9,548	8,323	14,083	9,622	10,708	7,690
Total Current Liabilities	108,307	91,253	118,875	123,939	113,391	93,951
Long-Term Debt	57,610	58,832	61,243	88,208	103,145	112,893
Long-Term Leases	7,982	7,614	8,296	7,858	6,561	5,712
Long-Term Deferred Tax Liabilities	14,619	13,589	12,521	10,845	10,271	6,915
Other Long-Term Liabilities	123,469	122,087	105,910	106,872	97,280	85,122
Total Liabilities	311,987	293,375	306,845	337,722	330,648	304,593
Common Stock	75,180	75,180	75,180	75,180	75,180	43,081
Retained Earnings	761,013	721,869	660,075	585,345	518,985	454,363
Comprehensive Income & Other	909	5,701	12,293	6,061	3,017	-16,532
Total Common Equity	837,102	802,750	747,548	666,586	597,182	480,912
Minority Interest	2,474	2,434	1,888	1,290	1,201	1,064
Shareholders' Equity	839,576	805,184	749,436	667,876	598,383	481,976
Total Liabilities & Equity	1,151,563	1,098,559	1,056,281	1,005,598	929,031	786,569
Total Debt	69,352	69,800	91,887	120,177	134,396	135,142
Net Cash (Debt)	196,960	170,893	108,080	74,689	75,200	27,028
Net Cash Growth	42.01%	58.12%	44.71%	-0.68%	178.23%	-
Net Cash Per Share	4.14	3.60	2.27	1.57	1.61	0.61
Filing Date Shares Outstanding	47,530	47,530	47,530	47,567	47,567	44,647
Total Common Shares Outstanding	47,530	47,530	47,530	47,567	47,567	44,647
Working Capital	234,625	204,130	145,734	126,336	151,288	114,031
Book Value Per Share	17.61	16.89	15.73	14.01	12.55	10.77
Tangible Book Value	818,867	786,228	730,587	649,817	580,582	466,048
Tangible Book Value Per Share	17.23	16.54	15.37	13.66	12.21	10.44
Machinery	-	13,798	12,780	11,894	10,982	9,154

Source: S&P Global Market Intelligence. Standard template. Financial Sources.