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CNOOC (HKSE:00883) Pre-Tax Income : HK$197,963 Mil (TTM As of Dec. 2023)


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What is CNOOC Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. CNOOC's pretax income for the three months ended in Dec. 2023 was HK$43,772 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was HK$197,963 Mil. CNOOC's pretax margin was 34.89%.

During the past 13 years, CNOOC's highest Pretax Margin was 45.06%. The lowest was -3.54%. And the median was 30.89%.


CNOOC Pre-Tax Income Historical Data

The historical data trend for CNOOC's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CNOOC Pre-Tax Income Chart

CNOOC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95,305.99 41,379.90 117,329.69 217,502.53 189,195.31

CNOOC Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49,283.17 47,418.67 49,701.68 43,771.94 57,071.02

Competitive Comparison of CNOOC's Pre-Tax Income

For the Oil & Gas E&P subindustry, CNOOC's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CNOOC's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CNOOC's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where CNOOC's Pre-Tax Income falls into.



CNOOC Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

CNOOC's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=187355.573+0+-5835.31+5255.608+2419.438
=189,195

CNOOC's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=44836.184+0+-3765.881+1441.601+1260.033
=43,772

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$197,963 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CNOOC  (HKSE:00883) Pre-Tax Income Explanation

CNOOC's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=43771.937/125470.657
=34.89%

During the past 13 years, CNOOC's highest Pretax Margin was 45.06%. The lowest was -3.54%. And the median was 30.89%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CNOOC Pre-Tax Income Related Terms

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CNOOC (HKSE:00883) Business Description

Traded in Other Exchanges
Address
1 Garden Road, 65th Floor, Bank of China Tower, Hong Kong, HKG, 999077
CNOOC is China's main offshore oil and gas exploration and production company. Through its parent company, it has exclusive rights to partner with foreign companies in offshore China projects. Production for 2022 averaged 1.71 million barrels of oil equivalent per day (78.5% oil), and year-end proven reserves were 6.24 billion barrels of oil equivalent, or boe, (73.8% oil). Assets outside China make up around 30.6% of production.

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