CNOOC Balance Sheet

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	242,029	81,284	133,439	85,633	41,432	24,019
Short-Term Investments	-	72,912	17,123	35,754	38,298	41,812
Trading Asset Securities	30,013	45,121	44,304	88,209	82,440	61,662
Cash & Short-Term Investments	272,042	199,317	194,866	209,596	162,170	127,493
Cash Growth	17.14%	2.28%	-7.03%	29.24%	27.20%	-22.90%
Accounts Receivable	39,424	33,661	37,052	37,992	27,048	18,982
Other Receivables	6,640	547	1,041	647	1,079	823
Receivables	46,064	34,208	38,093	38,639	28,127	19,805
Inventory	6,207	5,732	6,451	6,239	5,703	5,644
Other Current Assets	3,917	25,352	10,865	10,205	11,982	10,449
Total Current Assets	332,678	264,609	250,275	264,679	207,982	163,391
Property, Plant & Equipment	667,043	645,165	604,959	543,184	474,182	455,829
Long-Term Investments	56,832	91,336	93,444	62,003	48,698	47,815
Goodwill	15,109	15,285	15,061	14,809	13,557	13,871
Other Intangible Assets	3,455	1,676	1,708	1,791	1,307	1,258
Long-Term Deferred Tax Assets	25,021	25,465	28,562	29,885	28,592	27,751
Other Long-Term Assets	26,336	12,745	11,589	12,680	12,251	11,360
Total Assets	1,126,474	1,056,281	1,005,598	929,031	786,569	721,275
Accounts Payable	71,850	59,685	61,382	59,789	48,939	18,106
Accrued Expenses	4,248	2,302	2,311	-	2,264	2,354
Short-Term Debt	-	4,303	4,365	4,303	4,303	-
Current Portion of Long-Term Debt	3,502	15,781	17,529	18,514	11,026	11,217
Current Portion of Leases	-	2,264	2,217	1,873	1,208	1,297
Current Income Taxes Payable	21,915	19,949	25,130	16,513	16,538	7,452
Current Unearned Revenue	1,309	508	1,383	1,691	1,983	1,544
Other Current Liabilities	40,773	14,083	9,622	10,708	7,690	32,882
Total Current Liabilities	143,597	118,875	123,939	113,391	93,951	74,852
Long-Term Debt	59,541	61,243	88,208	103,145	112,893	125,013
Long-Term Leases	8,060	8,296	7,858	6,561	5,712	6,022
Long-Term Deferred Tax Liabilities	13,350	12,521	10,845	10,271	6,915	5,119
Other Long-Term Liabilities	114,358	105,910	106,872	97,280	85,122	76,339
Total Liabilities	338,906	306,845	337,722	330,648	304,593	287,345
Common Stock	75,180	75,180	75,180	75,180	43,081	43,081
Retained Earnings	701,757	660,075	585,345	518,985	454,363	404,490
Comprehensive Income & Other	8,624	12,293	6,061	3,017	-16,532	-13,863
Total Common Equity	785,561	747,548	666,586	597,182	480,912	433,708
Minority Interest	2,007	1,888	1,290	1,201	1,064	222
Shareholders' Equity	787,568	749,436	667,876	598,383	481,976	433,930
Total Liabilities & Equity	1,126,474	1,056,281	1,005,598	929,031	786,569	721,275
Total Debt	71,103	91,887	120,177	134,396	135,142	143,549
Net Cash (Debt)	200,939	107,430	74,689	75,200	27,028	-16,056
Net Cash Growth	41.43%	43.84%	-0.68%	178.23%	-	-
Net Cash Per Share	4.22	2.26	1.57	1.61	0.61	-0.36
Filing Date Shares Outstanding	47,530	47,530	47,567	47,567	44,647	44,647
Total Common Shares Outstanding	47,530	47,530	47,567	47,567	44,647	44,647
Working Capital	189,081	145,734	126,336	151,288	114,031	88,539
Book Value Per Share	16.53	15.73	14.01	12.55	10.77	9.71
Tangible Book Value	766,997	730,587	649,817	580,582	466,048	418,579
Tangible Book Value Per Share	16.14	15.37	13.66	12.21	10.44	9.38
Machinery	-	12,780	11,894	10,982	9,154	6,714

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