CNOOC Limited (HKG:0883)

CNOOC 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	188,734	81,284	133,439	85,633	41,432	24,019
Short-Term Investments	-	72,912	17,123	35,754	38,298	41,812
Trading Asset Securities	41,683	45,121	44,304	88,209	82,440	61,662
Cash & Short-Term Investments	230,417	199,317	194,866	209,596	162,170	127,493
Cash Growth	1.65%	2.28%	-7.03%	29.24%	27.20%	-22.90%
Accounts Receivable	50,313	33,661	37,052	37,992	27,048	18,982
Other Receivables	6,055	547	1,041	647	1,079	823
Receivables	56,368	34,208	38,093	38,639	28,127	19,805
Inventory	5,811	5,732	6,451	6,239	5,703	5,644
Other Current Assets	3,699	25,352	10,865	10,205	11,982	10,449
Total Current Assets	299,769	264,609	250,275	264,679	207,982	163,391
Property, Plant & Equipment	652,254	645,165	604,959	543,184	474,182	455,829
Long-Term Investments	57,281	91,336	93,444	62,003	48,698	47,815
Goodwill	15,264	15,285	15,061	14,809	13,557	13,871
Other Intangible Assets	3,618	1,676	1,708	1,791	1,307	1,258
Long-Term Deferred Tax Assets	25,213	25,465	28,562	29,885	28,592	27,751
Other Long-Term Assets	49,307	12,745	11,589	12,680	12,251	11,360
Total Assets	1,102,706	1,056,281	1,005,598	929,031	786,569	721,275
Accounts Payable	66,050	59,685	61,382	59,789	48,939	18,106
Accrued Expenses	2,638	2,302	2,311	-	2,264	2,354
Short-Term Debt	4,314	4,303	4,365	4,303	4,303	-
Current Portion of Long-Term Debt	18,314	15,781	17,529	18,514	11,026	11,217
Current Portion of Leases	-	2,264	2,217	1,873	1,208	1,297
Current Income Taxes Payable	22,275	19,949	25,130	16,513	16,538	7,452
Current Unearned Revenue	1,485	508	1,383	1,691	1,983	1,544
Other Current Liabilities	10,243	14,083	9,622	10,708	7,690	32,882
Total Current Liabilities	125,319	118,875	123,939	113,391	93,951	74,852
Long-Term Debt	60,798	61,243	88,208	103,145	112,893	125,013
Long-Term Leases	8,295	8,296	7,858	6,561	5,712	6,022
Long-Term Deferred Tax Liabilities	13,225	12,521	10,845	10,271	6,915	5,119
Other Long-Term Liabilities	109,285	105,910	106,872	97,280	85,122	76,339
Total Liabilities	316,922	306,845	337,722	330,648	304,593	287,345
Common Stock	75,180	75,180	75,180	75,180	43,081	43,081
Retained Earnings	696,639	660,075	585,345	518,985	454,363	404,490
Comprehensive Income & Other	12,005	12,293	6,061	3,017	-16,532	-13,863
Total Common Equity	783,824	747,548	666,586	597,182	480,912	433,708
Minority Interest	1,960	1,888	1,290	1,201	1,064	222
Shareholders' Equity	785,784	749,436	667,876	598,383	481,976	433,930
Total Liabilities & Equity	1,102,706	1,056,281	1,005,598	929,031	786,569	721,275
Total Debt	91,721	91,887	120,177	134,396	135,142	143,549
Net Cash (Debt)	138,696	107,430	74,689	75,200	27,028	-16,056
Net Cash Growth	30.54%	43.84%	-0.68%	178.23%	-	-
Net Cash Per Share	2.91	2.26	1.57	1.61	0.61	-0.36
Filing Date Shares Outstanding	47,484	47,530	47,567	47,567	44,647	44,647
Total Common Shares Outstanding	47,484	47,530	47,567	47,567	44,647	44,647
Working Capital	174,450	145,734	126,336	151,288	114,031	88,539
Book Value Per Share	16.51	15.73	14.01	12.55	10.77	9.71
Tangible Book Value	764,942	730,587	649,817	580,582	466,048	418,579
Tangible Book Value Per Share	16.11	15.37	13.66	12.21	10.44	9.38
Machinery	-	12,780	11,894	10,982	9,154	6,714

Updated Oct 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.