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Offshore Oil Engineering Co (SHSE:600583) Pre-Tax Income : ¥1,912 Mil (TTM As of Dec. 2023)


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What is Offshore Oil Engineering Co Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Offshore Oil Engineering Co's pretax income for the three months ended in Dec. 2023 was ¥291 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was ¥1,912 Mil. Offshore Oil Engineering Co's pretax margin was 2.97%.

During the past 13 years, Offshore Oil Engineering Co's highest Pretax Margin was 24.77%. The lowest was 1.17%. And the median was 6.06%.


Offshore Oil Engineering Co Pre-Tax Income Historical Data

The historical data trend for Offshore Oil Engineering Co'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.

Offshore Oil Engineering Co Pre-Tax Income Chart

Offshore Oil Engineering Co 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 208.74 539.44 572.51 1,762.38 1,911.94

Offshore Oil Engineering Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 757.73 529.64 654.14 437.26 290.90

Competitive Comparison of Offshore Oil Engineering Co's Pre-Tax Income

For the Oil & Gas Equipment & Services subindustry, Offshore Oil Engineering Co'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.


Offshore Oil Engineering Co's Pre-Tax Income Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Offshore Oil Engineering Co's Pre-Tax Income falls into.



Offshore Oil Engineering Co Pre-Tax Income Calculation

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

Offshore Oil Engineering Co'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
=1714.401+0+-11.09+59.317+149.309
=1,912

Offshore Oil Engineering Co'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
=334.533+0+14.14+95.102+-152.878
=291

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 ¥1,912 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.


Offshore Oil Engineering Co  (SHSE:600583) Pre-Tax Income Explanation

Offshore Oil Engineering Co's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=290.897/9788.697
=2.97%

During the past 13 years, Offshore Oil Engineering Co's highest Pretax Margin was 24.77%. The lowest was 1.17%. And the median was 6.06%.

* 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.


Offshore Oil Engineering Co Pre-Tax Income Related Terms

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Offshore Oil Engineering Co (SHSE:600583) Business Description

Traded in Other Exchanges
N/A
Address
No. 199, Haibin 15 Road, TianjinPort Free Trade Zone, Tianjin, CHN, 300461
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.

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