---
title: "CNOOC Energy Technology & Services Limited (600968.SH)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/600968.SH.md"
symbol: "600968.SH"
name: "CNOOC Energy Technology & Services Limited"
industry: "Energy Equipment and Services"
datetime: "2026-05-21T07:38:07.228Z"
locales:
  - [en](https://longbridge.com/en/quote/600968.SH.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/600968.SH.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/600968.SH.md)
---

# CNOOC Energy Technology & Services Limited (600968.SH)

## Company Overview

CNOOC Energy Technology & Services Limited operates as an offshore and onshore oil and gas production company in China and internationally. The company offers energy technology services, including oilfield engineering technology services, equipment manufacturing and maintenance services, and oil production services; technical services to oil and gas companies, including engineering and technical services, equipment design, manufacturing and operation, maintenance services, and integrated oil and gas field production services; oil field recovery rates; supervision and inspection; oil field operation support; unconventional oil and gas integrated services, and equipment and facilities operation and maintenance integration; and FPSO production and operation. It also provides low-carbon environmental protection and digitalization services, which focuses on the development of technologies and services, such as safety and emergency response, energy conservation and environmental protection, water treatment, green coatings, cold energy utilization, and digitalization, as well as engages in offshore wind power related activities. In addition, the company offers digital technology, green energy, and green product supplies.

| Item | Detail |
|------|--------|
| Industry | Energy Equipment and Services |
| Exchange | CN Market |
| Website | [cenertech.cnooc.com.cn](https://cenertech.cnooc.com.cn) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-21T04:30:14.000Z

**Overall: C (0.42)**

**Industry**: Energy Equipment and Services

| Metric | Value |
|--------|-------|
| Industry Ranking | 7 / 29 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Mid - The company has stable operation of a large-cap stock and the high return of a small-cap stock.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | -6.27% |  |
| Net Profit YoY | 4.78% |  |
| P/B Ratio | 1.42 |  |
| Dividend Ratio | 3.20% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 42814275043.46 |  |
| Revenue | 49940202012.91 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 13.56% | B |
| Profit Margin | 7.85% | B |
| Gross Margin | 15.16% | D |
| Revenue YoY | -6.27% | D |
| Net Profit YoY | 4.78% | C |
| Total Assets YoY | 1.51% | C |
| Net Assets YoY | 7.87% | B |
| Cash Flow Margin | 92.48% | C |
| OCF YoY | -6.27% | D |
| Turnover | 1.03 | A |
| Gearing Ratio | 36.90% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - CNOOC Energy Technology & Services Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-6.27%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "4.78%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.42",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "3.20%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "42814275043.46",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "49940202012.91",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "13.56%",
          "rating": "B"
        },
        {
          "name": "Profit Margin",
          "value": "7.85%",
          "rating": "B"
        },
        {
          "name": "Gross Margin",
          "value": "15.16%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "-6.27%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "4.78%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "1.51%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "7.87%",
          "rating": "B"
        },
        {
          "name": "Cash Flow Margin",
          "value": "92.48%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "-6.27%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "1.03",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "36.90%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 10.92 | 1/29 | 11.47 | 10.93 | 10.32 |
| PB | 1.42 | 3/29 | 1.53 | 1.47 | 1.40 |
| PS (TTM) | 0.86 | 3/29 | 0.86 | 0.78 | 0.75 |
| Dividend Yield | 3.20% | 1/29 | 3.46% | 3.29% | 3.00% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | Jereh Group (002353.SZ) | B | B | C | B | B | B |
| 02 | DEVELOP (688377.SH) | C | B | C | B | B | B |
| 03 | Shandong Molong (002490.SZ) | D | A | B | E | A | B |
| 04 | Lanpec (601798.SH) | C | A | C | C | A | B |
| 05 | COSL (601808.SH) | C | C | B | C | B | C |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-05T16:00:00.000Z

Total Analysts: **2**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 2 | 100% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 4.07 |
| Highest Target | 4.90 |
| Lowest Target | 4.90 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/600968.SH/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/600968.SH/norm.md)
- [Related News](https://longbridge.com/en/quote/600968.SH/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/600968.SH/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**