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Offshore Oil Engineering Co Ltd Class A 600583

Morningstar Rating
CNY 6.03 −0.02 (0.33%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

600583 is trading at a 498% premium.
Price
CNY 6.08
Fair Value
CNY 5.17
Uncertainty
Very High
1-Star Price
CNY 71.48
5-Star Price
CNY 7.95
Economic Moat
Xblq
Capital Allocation
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Trading Information

Previous Close Price
CNY 6.05
Day Range
CNY 5.996.08
52-Week Range
CNY 4.906.97
Bid/Ask
CNY 6.03 / CNY 6.04
Market Cap
CNY 26.66 Bil
Volume/Avg
15.9 Mil / 32.4 Mil

Key Statistics

Price/Earnings (Normalized)
20.35
Price/Sales
0.87
Dividend Yield (Trailing)
2.43%
Dividend Yield (Forward)
2.43%
Total Yield
2.43%

Company Profile

Offshore Oil Engineering Co Ltd operates as an engineering design, procurement, construction, and installation (EPCI) company primarily for the oil and natural gas industry in China and internationally. The company provides technical services, subsea pipe maintenance, and other services for offshore oil underwater engineering; oil-gas field development and repair services; and consulting services for deep-sea engineering.
Sector
Energy
Industry
Oil & Gas Equipment & Services
Stock Style Box
Mid Core
Total Number of Employees
9,755

Comparables

Valuation

Metric
600583
002828
600871
Price/Earnings (Normalized)
20.3530.86163.63
Price/Book Value
1.062.803.94
Price/Sales
0.871.670.43
Price/Cash Flow
3.3830.356.42
Price/Earnings
600583
002828
600871

Financial Strength

Metric
600583
002828
600871
Quick Ratio
1.500.830.53
Current Ratio
1.600.960.62
Interest Coverage
218.534.462.24
Quick Ratio
600583
002828
600871

Profitability

Metric
600583
002828
600871
Return on Assets (Normalized)
2.70%2.92%0.45%
Return on Equity (Normalized)
4.76%9.23%4.13%
Return on Invested Capital (Normalized)
4.22%6.90%2.73%
Return on Assets
600583
002828
600871
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