Offshore Oil Engineering Co Ltd Class A 600583

Morningstar Rating

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 494% premium.
Price
¥5.79
Fair Value
¥9.89
Uncertainty
High
1-Star Price
¥5.94
5-Star Price
¥9.62
Economic Moat
Qjqz
Capital Allocation

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
19.56
Price/Sales
0.85
Dividend Yield (Trailing)
2.53%
Dividend Yield (Forward)
2.53%
Total Yield
2.53%

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
OTL
Price/Earnings (Normalized)
19.5655.135.45
Price/Book Value
1.023.041.57
Price/Sales
0.851.910.39
Price/Cash Flow
8.3110.493.14
Price/Earnings
600583
002828
OTL

Financial Strength

Metric
600583
002828
OTL
Quick Ratio
1.430.781.92
Current Ratio
1.550.951.92
Interest Coverage
270.792.843.40
Quick Ratio
600583
002828
OTL

Profitability

Metric
600583
002828
OTL
Return on Assets (Normalized)
2.92%1.84%8.91%
Return on Equity (Normalized)
5.23%5.60%29.72%
Return on Invested Capital (Normalized)
4.45%4.50%18.16%
Return on Assets
600583
002828
OTL

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