CNOOC Limited (HKG:0883)

CNOOC Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	314,378	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	11,892	25,426	45,121	44,304	88,209	82,440
Cash & Short-Term Investments	326,270	240,693	199,967	194,866	209,596	162,170
Cash Growth	27.10%	20.37%	2.62%	-7.03%	29.24%	27.20%
Accounts Receivable	43,960	32,971	33,661	37,052	37,992	27,048
Other Receivables	6,951	398	547	1,041	647	1,079
Receivables	50,911	33,369	34,208	38,093	38,639	28,127
Inventory	6,725	6,090	5,732	6,451	6,239	5,703
Other Current Assets	4,196	15,231	24,702	10,865	10,205	11,982
Total Current Assets	393,809	295,383	264,609	250,275	264,679	207,982
Property, Plant & Equipment	684,989	678,204	645,165	604,959	543,184	474,182
Long-Term Investments	71,791	72,406	91,336	93,444	62,003	48,698
Goodwill	14,483	14,946	15,285	15,061	14,809	13,557
Other Intangible Assets	3,393	1,576	1,676	1,708	1,791	1,307
Long-Term Deferred Tax Assets	22,185	23,579	25,465	28,562	29,885	28,592
Other Long-Term Assets	11,327	12,465	12,745	11,589	12,680	12,251
Total Assets	1,202,503	1,098,559	1,056,281	1,005,598	929,031	786,569

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	72,251	59,631	59,685	61,382	59,789	48,939
Accrued Expenses	19,406	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	1,447	1,308	15,781	17,529	18,514	11,026
Current Portion of Leases	2,602	2,046	2,264	2,217	1,873	1,208
Current Income Taxes Payable	12,231	16,819	19,949	25,130	16,513	16,538
Current Unearned Revenue	607	804	508	1,383	1,691	1,983
Other Current Liabilities	32,124	8,323	14,083	9,622	10,708	7,690
Total Current Liabilities	140,668	91,253	118,875	123,939	113,391	93,951
Long-Term Debt	56,125	58,832	61,243	88,208	103,145	112,893
Long-Term Leases	7,914	7,614	8,296	7,858	6,561	5,712
Long-Term Deferred Tax Liabilities	14,583	13,589	12,521	10,845	10,271	6,915
Other Long-Term Liabilities	124,654	122,087	105,910	106,872	97,280	85,122
Total Liabilities	343,944	293,375	306,845	337,722	330,648	304,593

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	75,180	75,180	75,180	75,180	75,180	43,081
Retained Earnings	784,965	721,869	660,075	585,345	518,985	454,363
Comprehensive Income & Other	-4,091	5,701	12,293	6,061	3,017	-16,532
Total Common Equity	856,054	802,750	747,548	666,586	597,182	480,912
Minority Interest	2,505	2,434	1,888	1,290	1,201	1,064
Shareholders' Equity	858,559	805,184	749,436	667,876	598,383	481,976
Total Liabilities & Equity	1,202,503	1,098,559	1,056,281	1,005,598	929,031	786,569

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	68,088	69,800	91,887	120,177	134,396	135,142
Net Cash (Debt)	258,182	170,893	108,080	74,689	75,200	27,028
Net Cash Growth	40.11%	58.12%	44.71%	-0.68%	178.23%	-
Net Cash Per Share	5.43	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	253,141	204,130	145,734	126,336	151,288	114,031
Book Value Per Share	18.01	16.89	15.73	14.01	12.55	10.77
Tangible Book Value	838,178	786,228	730,587	649,817	580,582	466,048
Tangible Book Value Per Share	17.63	16.54	15.37	13.66	12.21	10.44
Machinery	8,040	13,798	12,780	11,894	10,982	9,154

Data Source: S&P Global Market Intelligence Last updated: Aug 26, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 13, 2026

Data Sources Report a data error