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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	5,446	8,219	3,739	3,151	3,370	1,603
Short-Term Investments	-	-	-	-	1,000	-
Trading Asset Securities	3,791	2,568	3,254	1,927	538.97	527.53
Cash & Short-Term Investments	9,237	10,788	6,993	5,078	4,909	2,130
Cash Growth	23.73%	54.26%	37.72%	3.45%	130.41%	111.84%
Accounts Receivable	13,154	12,727	14,973	13,124	11,063	10,333
Other Receivables	173.93	68.09	176	166.31	170.27	326.16
Receivables	13,328	12,795	15,149	13,290	11,233	10,659
Inventory	1,229	748.87	855.41	749.98	591.65	534.12
Other Current Assets	463.16	456.88	314.55	430.28	460.98	539.24
Total Current Assets	24,258	24,789	23,313	19,548	17,195	13,862
Property, Plant & Equipment	13,031	12,585	11,539	10,681	10,561	11,144
Long-Term Investments	5,123	4,110	2,422	2,246	2,237	2,185
Other Intangible Assets	2,306	2,355	2,348	1,891	1,883	1,907
Long-Term Accounts Receivable	36.16	38.27	42.34	46.21	49.9	53.41
Long-Term Deferred Tax Assets	96.18	113.4	393.89	308.67	88.7	78.08
Long-Term Deferred Charges	870.61	887.55	594.96	666.04	561.76	469.57
Other Long-Term Assets	55.46	27.5	18.61	286.28	0.58	1.45
Total Assets	45,776	44,906	40,671	35,674	32,576	29,701
Accounts Payable	11,736	12,724	11,284	9,788	8,321	6,217
Accrued Expenses	1,874	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	367.92	495.1	21.73	11.9	15.38	40.07
Current Portion of Leases	294.3	234.71	173.54	114.68	35.57	63.66
Current Income Taxes Payable	322.61	307.69	324.17	416.78	271.93	174.7
Current Unearned Revenue	1,006	410.21	524.99	429.73	321.2	-
Other Current Liabilities	1,002	1,016	1,028	868.93	774.8	920.37
Total Current Liabilities	16,603	16,617	14,851	13,064	11,707	9,973
Long-Term Debt	1,831	1,507	1,161	368.47	324.77	259.94
Long-Term Leases	1,211	1,170	1,040	701.61	-	70.39
Long-Term Unearned Revenue	170.49	155.64	162.37	199.83	208.15	235.09
Long-Term Deferred Tax Liabilities	38.51	38.04	299.26	246.37	65.31	70.36
Other Long-Term Liabilities	3.16	28.16	26.86	26.86	35.24	25.75
Total Liabilities	19,936	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	13,033	12,534	10,317	8,461	7,636	6,490
Comprensive Income & Other	240.67	201.84	120.05	-62.5	-35.72	133.05
Total Common Equity	25,166	24,628	22,328	20,301	19,501	18,481
Minority Interest	674.03	677.02	711.82	716.65	673.03	512.07
Shareholders' Equity	25,840	25,305	23,039	21,017	20,174	18,993
Total Liabilities & Equity	45,776	44,906	40,671	35,674	32,576	29,701
Total Debt	3,704	3,464	2,454	1,277	1,222	1,834
Net Cash (Debt)	5,533	7,324	4,539	3,801	3,686	296.4
Net Cash Growth	26.44%	61.35%	19.42%	3.11%	1143.71%	-
Net Cash Per Share	0.54	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	7,655	8,172	8,461	6,484	5,488	3,890
Book Value Per Share	2.48	2.42	2.20	2.00	1.92	1.82
Tangible Book Value	22,860	22,273	19,980	18,409	17,619	16,573
Tangible Book Value Per Share	2.25	2.19	1.97	1.81	1.73	1.63
Buildings	4,129	4,138	4,157	4,139	-	3,886
Machinery	24,279	23,521	20,431	19,351	-	20,194
Construction In Progress	1,105	912.28	2,024	969.32	-	185.9

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