CNOOC Ltd
HKEX:883
Income Statement
Earnings Waterfall
CNOOC Ltd
Revenue
|
416.6B
CNY
|
Cost of Revenue
|
-222B
CNY
|
Gross Profit
|
194.6B
CNY
|
Operating Expenses
|
-25.4B
CNY
|
Operating Income
|
169.3B
CNY
|
Other Expenses
|
-45.4B
CNY
|
Net Income
|
123.8B
CNY
|
Income Statement
CNOOC Ltd
Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||
Revenue |
254 668
N/A
|
246 112
-3%
|
284 624
+16%
|
338 233
+19%
|
383 402
+13%
|
422 230
+10%
|
429 043
+2%
|
411 939
-4%
|
417 902
+1%
|
416 609
0%
|
|
Gross Profit | |||||||||||
Cost of Revenue |
(148 083)
|
(128 686)
|
(144 981)
|
(172 603)
|
(192 703)
|
(209 737)
|
(228 292)
|
(218 495)
|
(229 731)
|
(221 963)
|
|
Gross Profit |
106 586
N/A
|
117 426
+10%
|
139 642
+19%
|
165 631
+19%
|
190 698
+15%
|
212 493
+11%
|
200 751
-6%
|
193 444
-4%
|
188 171
-3%
|
194 646
+3%
|
|
Operating Income | |||||||||||
Operating Expenses |
(9 690)
|
(15 729)
|
(17 161)
|
(17 316)
|
(17 643)
|
(20 827)
|
(11 537)
|
(12 002)
|
(12 651)
|
(25 360)
|
|
Selling, General & Administrative |
(8 252)
|
(11 497)
|
(8 273)
|
(8 666)
|
(9 039)
|
(16 303)
|
(9 890)
|
(10 223)
|
(10 510)
|
(20 730)
|
|
Research & Development |
(2 032)
|
(1 506)
|
(1 561)
|
(1 366)
|
(1 336)
|
(1 527)
|
(1 653)
|
(1 810)
|
(1 904)
|
(1 605)
|
|
Depreciation & Amortization |
0
|
(520)
|
0
|
0
|
0
|
(770)
|
0
|
0
|
0
|
(1 168)
|
|
Other Operating Expenses |
594
|
(2 206)
|
(7 327)
|
(7 285)
|
(7 268)
|
(2 227)
|
6
|
31
|
(237)
|
(1 857)
|
|
Operating Income |
96 896
N/A
|
101 697
+5%
|
122 482
+20%
|
148 315
+21%
|
173 056
+17%
|
191 666
+11%
|
189 214
-1%
|
181 442
-4%
|
175 520
-3%
|
169 286
-4%
|
|
Pre-Tax Income | |||||||||||
Interest Income Expense |
(1 965)
|
2 079
|
(1 041)
|
592
|
1 277
|
3 839
|
3 117
|
2 208
|
2 777
|
7 096
|
|
Non-Reccuring Items |
(3 862)
|
(7 972)
|
(46)
|
(36)
|
(35)
|
(580)
|
(13)
|
(24)
|
(28)
|
(3 491)
|
|
Total Other Income |
209
|
17
|
34
|
(126)
|
(101)
|
(155)
|
(205)
|
(132)
|
(237)
|
83
|
|
Pre-Tax Income |
91 278
N/A
|
95 820
+5%
|
121 428
+27%
|
148 745
+22%
|
174 196
+17%
|
194 770
+12%
|
192 113
-1%
|
183 494
-4%
|
178 032
-3%
|
172 974
-3%
|
|
Net Income | |||||||||||
Tax Provision |
(23 875)
|
(25 514)
|
(31 627)
|
(39 882)
|
(47 962)
|
(53 093)
|
(52 627)
|
(49 952)
|
(47 454)
|
(48 884)
|
|
Income from Continuing Operations |
67 403
|
70 307
|
89 802
|
108 863
|
126 235
|
141 677
|
139 486
|
133 542
|
130 578
|
124 090
|
|
Income to Minority Interest |
8
|
13
|
13
|
14
|
16
|
23
|
26
|
32
|
(1)
|
(247)
|
|
Net Income (Common) |
67 411
N/A
|
70 320
+4%
|
89 815
+28%
|
108 878
+21%
|
126 251
+16%
|
141 700
+12%
|
139 512
-2%
|
133 574
-4%
|
130 577
-2%
|
123 843
-5%
|
|
EPS (Diluted) |
1.43
N/A
|
1.49
+4%
|
1.9
+28%
|
2.3
+21%
|
2.85
+24%
|
3.03
+6%
|
2.93
-3%
|
2.8
-4%
|
2.74
-2%
|
2.6
-5%
|