Cnooc Limited Stock Net Income

600938 Stock   26.08  0.06  0.23%   
CNOOC Limited fundamentals help investors to digest information that contributes to CNOOC's financial success or failures. It also enables traders to predict the movement of CNOOC Stock. The fundamental analysis module provides a way to measure CNOOC's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CNOOC stock.
Last ReportedProjected for Next Year
Net Income From Continuing Ops162.9 B81.9 B
Net Income163 B82 B
As of March 22, 2025, Net Income From Continuing Ops is expected to decline to about 81.9 B. In addition to that, Net Income is expected to decline to about 82 B.
  
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CNOOC Limited Company Net Income Analysis

CNOOC's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current CNOOC Net Income

    
  141.7 B  
Most of CNOOC's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CNOOC Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

CNOOC Net Interest Income

Net Interest Income

(3.68 Billion)

At present, CNOOC's Net Interest Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, CNOOC Limited reported net income of 141.7 B. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The net income for all China stocks is significantly lower than that of the firm.

CNOOC Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CNOOC's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CNOOC could also be used in its relative valuation, which is a method of valuing CNOOC by comparing valuation metrics of similar companies.
CNOOC is currently under evaluation in net income category among its peers.

CNOOC Fundamentals

About CNOOC Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CNOOC Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CNOOC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CNOOC Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in CNOOC Stock

CNOOC financial ratios help investors to determine whether CNOOC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CNOOC with respect to the benefits of owning CNOOC security.