CNOOC Energy Technology & Services Ltd
SSE:600968
Income Statement
Earnings Waterfall
CNOOC Energy Technology & Services Ltd
Revenue
|
49B
CNY
|
Cost of Revenue
|
-42.5B
CNY
|
Gross Profit
|
6.5B
CNY
|
Operating Expenses
|
-2.9B
CNY
|
Operating Income
|
3.6B
CNY
|
Other Expenses
|
-418.1m
CNY
|
Net Income
|
3.2B
CNY
|
Income Statement
CNOOC Energy Technology & Services Ltd
Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||
Revenue |
28 975
N/A
|
29 874
+3%
|
31 525
+6%
|
32 023
+2%
|
33 463
+4%
|
33 655
+1%
|
33 025
-2%
|
32 524
-2%
|
33 208
+2%
|
33 782
+2%
|
35 342
+5%
|
38 115
+8%
|
38 739
+2%
|
40 387
+4%
|
43 445
+8%
|
44 600
+3%
|
47 784
+7%
|
49 126
+3%
|
48 172
-2%
|
48 017
0%
|
49 308
+3%
|
48 977
-1%
|
|
Gross Profit | |||||||||||||||||||||||
Cost of Revenue |
(25 448)
|
(26 422)
|
(27 956)
|
(28 302)
|
(29 409)
|
(29 700)
|
(29 169)
|
(28 325)
|
(28 869)
|
(29 461)
|
(30 951)
|
(33 529)
|
(33 622)
|
(35 230)
|
(38 083)
|
(39 002)
|
(41 793)
|
(43 180)
|
(41 994)
|
(41 764)
|
(42 673)
|
(42 487)
|
|
Gross Profit |
3 527
N/A
|
3 451
-2%
|
3 569
+3%
|
3 721
+4%
|
4 054
+9%
|
3 955
-2%
|
3 857
-2%
|
4 200
+9%
|
4 340
+3%
|
4 321
0%
|
4 391
+2%
|
4 585
+4%
|
5 117
+12%
|
5 158
+1%
|
5 362
+4%
|
5 599
+4%
|
5 991
+7%
|
5 946
-1%
|
6 178
+4%
|
6 253
+1%
|
6 635
+6%
|
6 490
-2%
|
|
Operating Income | |||||||||||||||||||||||
Operating Expenses |
(2 100)
|
(1 974)
|
(2 039)
|
(1 991)
|
(2 416)
|
(2 295)
|
(2 477)
|
(2 516)
|
(2 446)
|
(2 373)
|
(2 418)
|
(2 549)
|
(2 726)
|
(3 399)
|
(3 449)
|
(3 523)
|
(3 345)
|
(3 215)
|
(3 156)
|
(3 132)
|
(3 166)
|
(2 903)
|
|
Selling, General & Administrative |
(1 577)
|
(1 531)
|
(1 591)
|
(1 544)
|
(1 792)
|
(1 694)
|
(1 668)
|
(1 632)
|
(1 709)
|
(1 627)
|
(1 623)
|
(1 707)
|
(1 840)
|
(1 736)
|
(1 783)
|
(1 855)
|
(2 175)
|
(2 088)
|
(2 078)
|
(2 051)
|
(2 144)
|
(1 968)
|
|
Research & Development |
(640)
|
(649)
|
(669)
|
(688)
|
(742)
|
(809)
|
(964)
|
(1 045)
|
(847)
|
(873)
|
(930)
|
(983)
|
(1 023)
|
(1 137)
|
(1 169)
|
(1 177)
|
(1 219)
|
(1 343)
|
(1 284)
|
(1 264)
|
(1 094)
|
(1 139)
|
|
Depreciation & Amortization |
(55)
|
0
|
0
|
0
|
(122)
|
0
|
0
|
0
|
(64)
|
0
|
0
|
0
|
(78)
|
0
|
0
|
0
|
(173)
|
0
|
0
|
0
|
(129)
|
0
|
|
Other Operating Expenses |
172
|
206
|
221
|
240
|
240
|
207
|
154
|
159
|
173
|
126
|
134
|
141
|
216
|
(526)
|
(497)
|
(492)
|
222
|
216
|
207
|
184
|
200
|
204
|
|
Operating Income |
1 427
N/A
|
1 478
+4%
|
1 529
+3%
|
1 729
+13%
|
1 638
-5%
|
1 660
+1%
|
1 380
-17%
|
1 684
+22%
|
1 893
+12%
|
1 947
+3%
|
1 972
+1%
|
2 036
+3%
|
2 391
+17%
|
1 759
-26%
|
1 913
+9%
|
2 075
+8%
|
2 646
+28%
|
2 731
+3%
|
3 022
+11%
|
3 121
+3%
|
3 470
+11%
|
3 588
+3%
|
|
Pre-Tax Income | |||||||||||||||||||||||
Interest Income Expense |
(23)
|
(31)
|
8
|
42
|
110
|
168
|
216
|
213
|
216
|
220
|
222
|
299
|
276
|
278
|
339
|
386
|
328
|
376
|
371
|
313
|
377
|
395
|
|
Non-Reccuring Items |
(2)
|
0
|
14
|
16
|
(29)
|
16
|
4
|
4
|
(44)
|
0
|
6
|
6
|
(733)
|
2
|
(4)
|
(3)
|
3
|
4
|
2
|
2
|
(5)
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(39)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
32
|
20
|
28
|
1
|
13
|
(4)
|
(13)
|
(1)
|
54
|
49
|
47
|
37
|
25
|
(22)
|
(21)
|
(27)
|
7
|
(13)
|
(15)
|
(6)
|
12
|
7
|
|
Pre-Tax Income |
1 434
N/A
|
1 466
+2%
|
1 578
+8%
|
1 787
+13%
|
1 724
-4%
|
1 840
+7%
|
1 587
-14%
|
1 900
+20%
|
2 098
+10%
|
2 217
+6%
|
2 248
+1%
|
2 379
+6%
|
1 920
-19%
|
2 016
+5%
|
2 226
+10%
|
2 430
+9%
|
2 984
+23%
|
3 099
+4%
|
3 380
+9%
|
3 429
+1%
|
3 854
+12%
|
3 989
+4%
|
|
Net Income | |||||||||||||||||||||||
Tax Provision |
(310)
|
(323)
|
(359)
|
(412)
|
(421)
|
(449)
|
(402)
|
(399)
|
(496)
|
(517)
|
(481)
|
(497)
|
(538)
|
(552)
|
(516)
|
(555)
|
(487)
|
(487)
|
(579)
|
(626)
|
(686)
|
(724)
|
|
Income from Continuing Operations |
1 123
|
1 143
|
1 219
|
1 375
|
1 303
|
1 391
|
1 185
|
1 502
|
1 602
|
1 701
|
1 768
|
1 881
|
1 381
|
1 464
|
1 711
|
1 876
|
2 497
|
2 611
|
2 801
|
2 803
|
3 168
|
3 265
|
|
Income to Minority Interest |
(57)
|
(63)
|
(68)
|
(67)
|
(70)
|
(70)
|
(72)
|
(79)
|
(81)
|
(88)
|
(95)
|
(94)
|
(98)
|
(99)
|
(95)
|
(94)
|
(81)
|
(83)
|
(82)
|
(83)
|
(87)
|
(96)
|
|
Net Income (Common) |
1 066
N/A
|
1 082
+2%
|
1 152
+6%
|
1 309
+14%
|
1 233
-6%
|
1 320
+7%
|
1 114
-16%
|
1 424
+28%
|
1 522
+7%
|
1 614
+6%
|
1 672
+4%
|
1 788
+7%
|
1 284
-28%
|
1 366
+6%
|
1 615
+18%
|
1 782
+10%
|
2 416
+36%
|
2 528
+5%
|
2 719
+8%
|
2 721
+0%
|
3 081
+13%
|
3 170
+3%
|
|
EPS (Diluted) |
0.13
N/A
|
0.13
N/A
|
0.14
+8%
|
0.11
-21%
|
0.13
+18%
|
0.14
+8%
|
0.1
-29%
|
0.13
+30%
|
0.15
+15%
|
0.15
N/A
|
0.16
+7%
|
0.17
+6%
|
0.13
-24%
|
0.13
N/A
|
0.16
+23%
|
0.17
+6%
|
0.24
+41%
|
0.25
+4%
|
0.27
+8%
|
0.27
N/A
|
0.3
+11%
|
0.31
+3%
|