Offshore Oil (China) Today
| 600583 Stock | 5.28 0.09 1.68% |
Performance0 of 100
| Odds Of DistressLess than 9
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Offshore Oil is trading at 5.28 as of the 28th of November 2024, a 1.68 percent decrease since the beginning of the trading day. The stock's open price was 5.37. Offshore Oil has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Offshore Oil Engineering are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Energy | IPO Date 21st of January 2002 |
Offshore Oil is entity of China. It is traded as Stock on SHG exchange. The company has 4.42 B outstanding shares. More on Offshore Oil Engineering
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Offshore Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Offshore Oil's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Offshore Oil or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Ex Chairman | Yi Yu | ||||
| Thematic Idea | Outsourcing (View all Themes) | ||||
| Business Concentration | Oil & Gas Equipment & Services, Energy, Outsourcing, Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors) | ||||
Offshore Oil's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Offshore Oil's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsOffshore Oil can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Offshore Oil's financial leverage. It provides some insight into what part of Offshore Oil's total assets is financed by creditors.
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Offshore Oil Engineering (600583) is traded on Shanghai Stock Exchange in China and employs 9,755 people. Offshore Oil is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 23.43 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Offshore Oil's market, we take the total number of its shares issued and multiply it by Offshore Oil's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Offshore Oil Engineering operates under Energy Equipment & Services sector and is part of Energy industry. The entity has 4.42 B outstanding shares.
Offshore Oil generates positive cash flow from operations, but has no cash available
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Ownership AllocationOffshore Oil owns a total of 4.42 Billion outstanding shares. Offshore Oil has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Offshore Oil Engineering Risk Profiles
Although Offshore Oil's alpha and beta are two of the key measurements used to evaluate Offshore Oil's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.49 | |||
| Standard Deviation | 2.14 | |||
| Variance | 4.58 | |||
| Risk Adjusted Performance | (0.01) |
Offshore Stock Against Markets
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Offshore Oil Corporate Management
Elected by the shareholders, the Offshore Oil's board of directors comprises two types of representatives: Offshore Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Offshore. The board's role is to monitor Offshore Oil's management team and ensure that shareholders' interests are well served. Offshore Oil's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Offshore Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kong Linghai | VP | Profile | |
| Xie Ribin | VP | Profile | |
| Changsheng Yu | VP | Profile | |
| Xiaowei Li | VP | Profile | |
| Baoqin Yao | Accounting Department | Profile |
Other Information on Investing in Offshore Stock
Offshore Oil financial ratios help investors to determine whether Offshore 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 Offshore with respect to the benefits of owning Offshore Oil security.