CNOOC (HKSE:00883) Accounts Payable: HK$77,300 Mil (As of Mar. 2026)

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HKSE:00883 CNOOC Ltd HKSE:00883
85 GF Score
Price HK$25.06
GF Value HK$20.47
Valuation Modestly Overvalued
! 2 Warning Signs
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What is CNOOC Accounts Payable?

CNOOC HKSE:00883 +1.29% 85 Accounts Payable is HK$77,300 Mil as of Mar. 2026. GuruFocus rates HKSE:00883 with a GF Score™ of 85/100 and a GF Value™ of HK$20.47 (Modestly Overvalued). The stock has 2 warning signs investors should review.

CNOOC's Accounts Payable for the quarter that ended in Mar. 2026 was HK$77,300 Mil.

CNOOC's quarterly Accounts Payable declined from Sep. 2025 (HK$78,519 Mil) to Dec. 2025 (HK$63,605 Mil) but then increased from Dec. 2025 (HK$63,605 Mil) to Mar. 2026 (HK$77,300 Mil).

CNOOC's annual Accounts Payable declined from Dec. 2023 (HK$64,552 Mil) to Dec. 2024 (HK$61,790 Mil) but then increased from Dec. 2024 (HK$61,790 Mil) to Dec. 2025 (HK$63,605 Mil).

CNOOC Accounts Payable Historical Data

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The historical data trend for CNOOC's Accounts Payable 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.

CNOOC Accounts Payable Chart

CNOOC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59,986.66 66,767.26 64,551.55 61,790.45 63,604.55

CNOOC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Payable 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 70,819.73 69,913.14 78,519.08 63,604.55 77,300.45
HKSE:00883
85GF Score
CNOOC Ltd HKSE:00883
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CNOOC Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of HK$77,300 Mil mean?
CNOOC (HKSE:00883) has a Accounts Payable of HK$77,300 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on CNOOC and its competitors.
Is CNOOC's Accounts Payable too high?
CNOOC's current Accounts Payable is HK$77,300 Mil. Overall, CNOOC has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CNOOC's Accounts Payable compare to COP and EOG?
CNOOC's Accounts Payable of HK$77,300 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Oil & Gas company?
A good Accounts Payable depends on the Oil & Gas industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on CNOOC and its competitors. CNOOC's current Accounts Payable is HK$77,300 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNOOC stock overvalued right now?
Based on GuruFocus' analysis, CNOOC (HKSE:00883) is currently considered Modestly Overvalued. The stock's GF Value™ is HK$20.47, compared to a current price of HK$25.06 — trading 22.4% above its estimated fair value. The current Accounts Payable is HK$77,300 Mil. CNOOC's overall GF Score™ is 85/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For CNOOC (HKSE:00883), the current Accounts Payable is HK$77,300 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CNOOC (HKSE:00883) Overvalued in 2026?

Based on GuruFocus' analysis, CNOOC stock appears to be overvalued. The current stock price of HK$25.06 is trading 22.4% above its estimated GF Value™ of HK$20.47. GuruFocus considers CNOOC to be Modestly Overvalued.

Key valuation signals for HKSE:00883:

  • Accounts Payable: HK$77,300 Mil
  • GF Value™: HK$20.47 vs. price of HK$25.06 (22.4% above fair value)
  • GF Score™: 85/100 with 2 warning signs

No single metric tells the full story. See the HKSE:00883 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CNOOC Business Description

Industry EnergyOil & Gas
Other Exchanges 600938:China
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. Net production for 2025 reached 777.3 million barrels of oil equivalent (77.2% oil), and year-end proven reserves were 7.77 billion barrels of oil equivalent. Assets outside China make up around 30.9% of production.
85GF Score

Get the complete analysis for HKSE:00883

Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$25.06
Price
HK$20.47
GF Value