CNOOC Energy Technology & Services Limited (SHA:600968)

SHA:600968 Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5,171	6,666	8,219	3,739	3,151	3,370
Short-Term Investments	-	-	-	-	-	1,000
Trading Asset Securities	5,563	5,221	2,568	3,254	1,927	538.97
Cash & Short-Term Investments	10,734	11,887	10,788	6,993	5,078	4,909
Cash Growth	16.23%	10.19%	54.26%	37.72%	3.45%	130.41%
Accounts Receivable	12,773	13,743	12,727	14,973	13,124	11,063
Other Receivables	236.8	143.12	68.09	176	166.31	170.27
Receivables	13,010	13,886	12,795	15,149	13,290	11,233
Inventory	1,251	1,014	748.87	855.41	749.98	591.65
Other Current Assets	648.06	405.61	456.88	314.55	430.28	460.98
Total Current Assets	25,643	27,192	24,789	23,313	19,548	17,195
Property, Plant & Equipment	13,425	13,431	12,585	11,539	10,681	10,561
Long-Term Investments	5,688	5,566	4,110	2,422	2,246	2,237
Other Intangible Assets	2,267	2,294	2,355	2,348	1,891	1,883
Long-Term Accounts Receivable	28.36	29.51	38.27	42.34	46.21	49.9
Long-Term Deferred Tax Assets	106.74	93.68	113.4	393.89	308.67	88.7
Long-Term Deferred Charges	812.22	850.99	887.55	594.96	666.04	561.76
Other Long-Term Assets	27.61	45.33	27.5	18.61	286.28	0.58
Total Assets	47,997	49,503	44,906	40,671	35,674	32,576
Accounts Payable	11,180	13,842	12,724	11,284	9,788	8,321
Accrued Expenses	1,388	1,373	1,373	1,437	1,354	1,121
Short-Term Debt	-	-	57.02	57.52	80.09	846.64
Current Portion of Long-Term Debt	331.82	427.52	495.1	21.73	11.9	15.38
Current Portion of Leases	-	276.78	234.71	173.54	114.68	35.57
Current Income Taxes Payable	471.81	335.39	307.69	324.17	416.78	271.93
Current Unearned Revenue	1,401	782.6	410.21	524.99	429.73	321.2
Other Current Liabilities	983.84	1,120	1,016	1,028	868.93	774.8
Total Current Liabilities	15,756	18,157	16,617	14,851	13,064	11,707
Long-Term Debt	2,255	2,018	1,507	1,161	368.47	324.77
Long-Term Leases	1,137	1,115	1,170	1,040	701.61	-
Long-Term Unearned Revenue	185.5	179.7	155.64	162.37	199.83	208.15
Long-Term Deferred Tax Liabilities	39.54	38.56	38.04	299.26	246.37	65.31
Other Long-Term Liabilities	26.7	29.19	28.16	26.86	26.86	35.24
Total Liabilities	19,498	21,639	19,601	17,631	14,657	12,402
Common Stock	10,165	10,165	10,165	10,165	10,165	10,165
Additional Paid-In Capital	1,728	1,728	1,727	1,726	1,737	1,736
Retained Earnings	15,666	15,072	12,534	10,317	8,461	7,636
Comprehensive Income & Other	214.3	198.23	201.84	120.05	-62.5	-35.72
Total Common Equity	27,773	27,163	24,628	22,328	20,301	19,501
Minority Interest	726.32	700.82	677.02	711.82	716.65	673.03
Shareholders' Equity	28,499	27,864	25,305	23,039	21,017	20,174
Total Liabilities & Equity	47,997	49,503	44,906	40,671	35,674	32,576
Total Debt	3,724	3,838	3,464	2,454	1,277	1,222
Net Cash (Debt)	7,010	8,049	7,324	4,539	3,801	3,686
Net Cash Growth	24.44%	9.90%	61.35%	19.42%	3.11%	1143.71%
Net Cash Per Share	0.69	0.79	0.72	0.45	0.37	0.36
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	9,886	9,035	8,172	8,461	6,484	5,488
Book Value Per Share	2.73	2.67	2.42	2.20	2.00	1.92
Tangible Book Value	25,506	24,869	22,273	19,980	18,409	17,619
Tangible Book Value Per Share	2.51	2.45	2.19	1.97	1.81	1.73
Buildings	-	4,138	4,142	4,157	4,139	-
Machinery	-	24,695	23,431	20,431	19,351	-
Construction In Progress	-	1,735	912.28	2,024	969.32	-

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