Income Statement

2019 2018
Total Revenue 237,631,000 23,178,000
Cost of Revenue 92,065,000 91,012,000
Gross Profit 145,566,000 140,166,000
Operating Expenses 59,277,000 59,360,000
Operating Income or Loss 86,289,000 80,806,000
Interest Expense 3,071,000 2,477,000
Total Other Income/ Expenses Net 4,158,000 -1,388,000
Income Before Tax 85,649,000 75,177,000
Income Tax Expense 24,604,000 22,489,000
Income from Continuing Operation 61,045,000 52,688,000
Net Income 61,045,000 52,688,000
Net Income available to common shareholder 61,045,000 52,688,000
Basic EPS N/A 118
 CNOOC Limited
tatement
Profitability Ratio 2019 2018
profit Margin 25.69% 227.32%
Return on Asset 29.64% 27.71%
Return on Equity 13.62% 12.62%
Asset Utilization Ratios
Receivables Turnover 23.74885 3.038542
Averagee Collection Period N/A N/A
Inventory Turnover 37.63557 3.960697
Fixed Asset Turnover 0.430658 0.047428
Total Asset Turnover 0.313609 0.034147
Liquidity Ratios
Current Ratio 2.256956 2.706102
Quick Ratio 2.187761 2.62279
Dept Utilization Ration
Dept to Total Assets 40.85% 38.51%
CNOOC Limited
Balance Sheet
Particular 2019 2018
cash 165,047,000 153,475,000
Net Recevaible 10,006,000 7,628,000
Inventory 6,314,000 5,852,000
Other Currrent Assete 9,278,000 7,635,000
Total Current Assets 205,945,000 190,082,000

Gross property, plant and equipment 1,074,233,000 972,032,000

Accumulated Depreciation -623,842,000 -564,272,000
Net property, plant and equipment 450,391,000 407,760,000
Equity and other investments 50,034,000 28,749,000
Goodwill 14,831,000 14,592,000
Intangible Assets 817,000 702,000
Other long-term assets 9,721,000 9,482,000
Total non-current assets 551,786,000 488,697,000
Total Assets 757,731,000 678,779,000
Current Debt 12,364,000 6,819,000
Accounts Payable 19,828,000 13,045,000
Taxes payable 13,956.00 15,701,000
Accrued liabilities 1,527,000 747,000
Deferred revenues 2,231,000 2,036,000
Other Current Liabilities 0 0
Total Current Liabilities 91,249,000 70,242,000

Long Term Debt 136,152,000 1,324,790,000

Deferred taxes liabilities 3,602,000 3,178,000
Deferred revenues 0 0
Other long-term liabilities 7,277,000 1,356,000
Total non-current liabilities 218,256,000 191,172,000
Total Liabilities 309,505,000 261,414,000

Common Stock 43,081,000 43,081,000

Retained Earnings 0 0
Accumulated other comprehensive income 405,106,000 374,284,000
Total stockholders' equity 448,187,000 417,365,000
Total liabilities and stockholders' 757,731,000 678,779,000