CNOOC Energy Technology & Services Limited (SHA: 600968)

CNOOC Energy Technology & Services 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	5,006	8,219	3,739	3,151	3,370	1,603
Short-Term Investments	-	-	-	-	1,000	-
Trading Asset Securities	3,613	2,568	3,254	1,927	538.97	527.53
Cash & Short-Term Investments	8,619	10,788	6,993	5,078	4,909	2,130
Cash Growth	13.81%	54.26%	37.72%	3.45%	130.41%	111.84%
Accounts Receivable	13,812	12,727	14,973	13,124	11,063	10,333
Other Receivables	187.53	68.09	176	166.31	170.27	326.16
Receivables	14,000	12,795	15,149	13,290	11,233	10,659
Inventory	1,223	748.87	855.41	749.98	591.65	534.12
Other Current Assets	510.83	456.88	314.55	430.28	460.98	539.24
Total Current Assets	24,353	24,789	23,313	19,548	17,195	13,862
Property, Plant & Equipment	12,974	12,585	11,539	10,681	10,561	11,144
Long-Term Investments	5,365	4,110	2,422	2,246	2,237	2,185
Other Intangible Assets	2,291	2,355	2,348	1,891	1,883	1,907
Long-Term Accounts Receivable	35.09	38.27	42.34	46.21	49.9	53.41
Long-Term Deferred Tax Assets	85.07	113.4	393.89	308.67	88.7	78.08
Long-Term Deferred Charges	888.78	887.55	594.96	666.04	561.76	469.57
Other Long-Term Assets	8.8	27.5	18.61	286.28	0.58	1.45
Total Assets	46,000	44,906	40,671	35,674	32,576	29,701
Accounts Payable	10,326	12,724	11,284	9,788	8,321	6,217
Accrued Expenses	2,059	1,373	1,437	1,354	1,121	1,157
Short-Term Debt	-	57.02	57.52	80.09	846.64	1,400
Current Portion of Long-Term Debt	364.48	495.1	21.73	11.9	15.38	40.07
Current Portion of Leases	-	234.71	173.54	114.68	35.57	63.66
Current Income Taxes Payable	457.37	307.69	324.17	416.78	271.93	174.7
Current Unearned Revenue	1,359	410.21	524.99	429.73	321.2	-
Other Current Liabilities	953.47	1,016	1,028	868.93	774.8	920.37
Total Current Liabilities	15,520	16,617	14,851	13,064	11,707	9,973
Long-Term Debt	2,185	1,507	1,161	368.47	324.77	259.94
Long-Term Leases	1,154	1,170	1,040	701.61	-	70.39
Long-Term Unearned Revenue	172.21	155.64	162.37	199.83	208.15	235.09
Long-Term Deferred Tax Liabilities	37.78	38.04	299.26	246.37	65.31	70.36
Other Long-Term Liabilities	1.23	28.16	26.86	26.86	35.24	25.75
Total Liabilities	19,146	19,601	17,631	14,657	12,402	10,708
Common Stock	10,165	10,165	10,165	10,165	10,165	10,165
Additional Paid-In Capital	1,727	1,727	1,726	1,737	1,736	1,692
Retained Earnings	14,104	12,534	10,317	8,461	7,636	6,490
Comprehensive Income & Other	175.58	201.84	120.05	-62.5	-35.72	133.05
Total Common Equity	26,172	24,628	22,328	20,301	19,501	18,481
Minority Interest	681.79	677.02	711.82	716.65	673.03	512.07
Shareholders' Equity	26,854	25,305	23,039	21,017	20,174	18,993
Total Liabilities & Equity	46,000	44,906	40,671	35,674	32,576	29,701
Total Debt	3,703	3,464	2,454	1,277	1,222	1,834
Net Cash (Debt)	4,916	7,324	4,539	3,801	3,686	296.4
Net Cash Growth	13.13%	61.35%	19.42%	3.11%	1143.71%	-
Net Cash Per Share	0.48	0.72	0.45	0.37	0.36	0.03
Filing Date Shares Outstanding	10,165	10,165	10,165	10,165	10,165	10,165
Total Common Shares Outstanding	10,165	10,165	10,165	10,165	10,165	10,165
Working Capital	8,833	8,172	8,461	6,484	5,488	3,890
Book Value Per Share	2.57	2.42	2.20	2.00	1.92	1.82
Tangible Book Value	23,882	22,273	19,980	18,409	17,619	16,573
Tangible Book Value Per Share	2.35	2.19	1.97	1.81	1.73	1.63
Buildings	-	4,138	4,157	4,139	-	3,886
Machinery	-	23,521	20,431	19,351	-	20,194
Construction In Progress	-	912.28	2,024	969.32	-	185.9

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