Offshore Oil Engineering Co.,Ltd

Shanghai Stock Exchange 600583.SS

Offshore Oil Engineering Co.,Ltd Return on Equity (ROE) for the year ending December 31, 2023: 6.54%

Offshore Oil Engineering Co.,Ltd Return on Equity (ROE) is 6.54% for the year ending December 31, 2023, a 6.19% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • Offshore Oil Engineering Co.,Ltd Return on Equity (ROE) for the year ending December 31, 2022 was 6.15%, a 278.52% change year over year.
  • Offshore Oil Engineering Co.,Ltd Return on Equity (ROE) for the year ending December 31, 2021 was 1.63%, a 1.38% change year over year.
  • Offshore Oil Engineering Co.,Ltd Return on Equity (ROE) for the year ending December 31, 2020 was 1.60%, a 1,201.45% change year over year.
  • Offshore Oil Engineering Co.,Ltd Return on Equity (ROE) for the year ending December 31, 2019 was 0.12%, a -64.64% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
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Shanghai Stock Exchange: 600583.SS

Offshore Oil Engineering Co.,Ltd

CEO Mr. Zhangling Wang
IPO Date Feb. 5, 2002
Location China
Headquarters No. 199 Haibin 15 Road
Employees 9,755
Sector Energy
Industries
Description

Offshore Oil Engineering Co., Ltd. operates as an engineering design, procurement, construction, and installation (EPCI) company primarily for the oil and natural gas industry in China and internationally. The company provides construction of offshore oil construction projects, marine engineering, chemical engineering, pressure pipeline, electrical and instrument automation products, special equipment for oil, gas and water treatment equipment, skid-mounted natural gas compressor units, deepwater subsea production systems and facilities, E&I products, technical, submarine pipeline maintenance, and other services for offshore oil underwater projects; oil-gas field development and repair services; and consulting services for deep-sea projects. It also engages in the construction, design, installation, repair, and maintenance of offshore oil-gas projects; contract, design, installation, repair, and relevant business of offshore oil and gas filed development engineering; and provision of EPCI and specialized contract, non-destructive and welding testing, and project contracting services. The company was founded in 2000 and is headquartered in Tianjin, China. Offshore Oil Engineering Co., Ltd. is a subsidiary of China National Offshore Oil Corporation.

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StockViz Staff

January 16, 2025

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