---
title: "CNOOC (600938.SH) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600938.SH/norm.md"
symbol: "600938.SH"
name: "CNOOC"
parent: "https://longbridge.com/en/quote/600938.SH.md"
datetime: "2026-05-20T05:42:36.306Z"
locales:
  - [en](https://longbridge.com/en/quote/600938.SH/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600938.SH/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600938.SH/norm.md)
---

# CNOOC (600938.SH) — Financial Reports

## Income Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.8200 | 0.4264 | 0.6773 | 0.6901 | 0.7700 |
| ROE | 19.10% | 10.13% | 16.51% | 16.80% | 19.10% |
| Revenue | 116.08B | 85.72B | 104.89B | 100.75B | 106.85B |
| Net income | 39.14B | 20.11B | 32.44B | 32.97B | 36.56B |
| Operating income | 51.90B | 27.15B | 45.35B | 44.75B | 50.52B |
| Gross margin | 51.17% | 171.56% | 49.81% | 52.21% | 54.65% |
| Net margin | 33.72% | 23.46% | 30.92% | 32.72% | 34.22% |
| Profit quality | 94.11% | 72.80% | 72.48% | 86.22% | 88.20% |

## Balance Sheet (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 1151.56B | 1098.56B | 1126.47B | 1118.96B | 1102.71B |
| Leverage | 1.37 | 1.36 | 1.43 | 1.42 | 1.40 |
| BVPS | 17.61 | 16.89 | 16.53 | 16.55 | 16.51 |
| Turnover | 0.3615 | 0.3696 | 0.3690 | 0.3658 | 0.3855 |
| Cash & STI | 266.31B | 240.69B | 272.04B | 256.70B | 230.42B |
| Inv & Rec | 5.54B | 6.09B | 6.21B | 6.24B | 5.81B |
| LT assets | 682.82B | 678.20B | 667.04B | 660.28B | 652.25B |
| Net debt | -196.96B | -170.89B | -200.94B | -184.27B | -138.70B |

## Cash Flow Statement (CNY)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 55.15B | 37.29B | 62.57B | 51.91B | 57.27B |
| Investing CF | -21.74B | -23.89B | -27.59B | -38.38B | -35.41B |
| Financing CF | -1.64B | -32.85B | -30.69B | -20.66B | -1.79B |
| Free CF | -1.16B | 18.51B | -24.95B | 74.90B | 7.72B |
| OCF coverage | 183.99% | 58.29% | 111.07% | 109.03% | 210.98% |
| Repaid & issued | 16.00M | 49.00M | 23.00M | 19.00M | 9.00M |
| CapEx | -28.32B | -33.76B | -25.55B | -26.93B | -25.31B |

## Distribution Plan

**Dividend Yield**: 3.36

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.66612CNY | 2025-10-16 | 2025-10-17 | 2025-10-17 |
| Cash Dividend: 
0.60506CNY | 2025-07-10 | 2025-07-11 | 2025-07-11 |
| Cash Dividend: 
0.67653CNY | 2024-10-17 | 2024-10-18 | 2024-10-18 |