CNOOC(00883.HK): 2026 Q1 Report - Profit Attributable to Shareholders stood at CNY 39.14 billion, YoY increase of 7.06%

NewTimeSpace News: April 28, 2026, CNOOC(00883.HK) released its Q1 Report for the period ended December 31, 2026, Total Revenue stood at CNY 116.08 billion, increased by 8.63% YoY; Net Profit stood at CNY 39.18 billion, YoY increase of 7.06%; Profit Attributable to Shareholders stood at CNY 39.14 billion, YoY increase of 7.06%; Basic Earnings Per Share (EPS) stood at CNY 0.82.

In terms of profitability, CNOOC Gross Profit changed from CNY 58.39 billion in the same period last year to CNY 59.4 billion in the current period, increased by CNY 1.01 billion; gross profit margin changed from 54.65% in the same period last year to 51.17% in the current period, decreased by 3.47 percentage points; net profit changed from CNY 36.6 billion in the same period last year to CNY 39.18 billion in the current period, increased by CNY 2.58 billion; net profit margin changed from 34.25% in the same period last year to 33.76% in the current period, decreased by 0.49 percentage points.

In terms of earnings quality, CNOOC Operating Profit changed from CNY 49.93 billion in the same period last year to CNY 52.35 billion in the current period, increased by CNY 2.42 billion; Operating Profit Margin changed from 46.72% in the same period last year to 45.1% in the current period, decreased by 1.63 percentage points; Net Cash Flow from Operating Activities changed from cash inflow of CNY 57.27 billion in the same period last year to cash inflow of CNY 55.15 billion in the current period, decreased by CNY 2.13 billion; Ratio of Net Cash Flow from Operating Activities to Total Operating Revenue changed from 53.6% in the same period last year to 47.51% in the current period, decreased by 6.09 percentage points.

In terms of financial soundness, CNOOC Debt-to-Asset Ratio changed from 28.74% in the same period last year to 27.09% in the current period, decreased by 1.65 percentage points; Total Equity changed from CNY 785.784 billion in the same period last year to CNY 839.576 billion in the current period, increased by CNY 53.79 billion; Cash and Cash Equivalents changed from CNY 101.403 billion in the same period last year to CNY 110.237 billion in the current period, increased by CNY 8.83 billion; Current Liabilities changed from CNY 125.32 billion in the same period last year to CNY 108.31 billion in the current period, decreased by CNY 17.01 billion; Quick Ratio changed from 2.35 in the same period last year to 3.12 in the current period, increased by 0.77 percentage points.

In terms of R&D investment focus, CNOOC R&D Expenses changed from CNY 321 million in the same period last year to CNY 306 million in the current period, decreased by CNY 15 million; R&D to Total Revenue Ratio changed from 0.3% in the same period last year to 0.26% in the current period, decreased by 0.04 percentage points.

By the close of trading on April 28, 2026, CNOOC(00883) saw a gain of 1.9% in its share price, closing at HKD 28.98. The full-day turnover stood at HKD 3.09 billion, showing significant volume increase, with the latest market capitalization at HKD 1290.77 billion.

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