CNOOC Energy Technology & Services (SHSE:600968) Interest Expense: ¥-106 Mil (TTM As of Mar. 2026)

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SHSE:600968 CNOOC Energy Technology & Services Ltd SHSE:600968
84 GF Score
Price ¥3.69
GF Value ¥3.92
Valuation Fairly Valued
! 2 Warning Signs
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What is CNOOC Energy Technology & Services Interest Expense?

CNOOC Energy Technology & Services SHSE:600968 +0.82% 84 Interest Expense is ¥-106 Mil as of Mar. 2026. GuruFocus rates SHSE:600968 with a GF Score™ of 84/100 and a GF Value™ of ¥3.92 (Fairly Valued). The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. CNOOC Energy Technology & Services's interest expense for the three months ended in Mar. 2026 was ¥ -25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ¥-106 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. CNOOC Energy Technology & Services's Operating Income for the three months ended in Mar. 2026 was ¥ 783 Mil. CNOOC Energy Technology & Services's Interest Expense for the three months ended in Mar. 2026 was ¥ -25 Mil. CNOOC Energy Technology & Services's Interest Coverage for the quarter that ended in Mar. 2026 was 31.22. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

CNOOC Energy Technology & Services  (SHSE:600968) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

CNOOC Energy Technology & Services's Interest Expense for the three months ended in Mar. 2026 was ¥-25 Mil. Its Operating Income for the three months ended in Mar. 2026 was ¥783 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ¥3,217 Mil.

CNOOC Energy Technology & Services's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*782.941/-25.076
=31.22

* 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.

The higher the ratio, the stronger the company's financial strength is.

CNOOC Energy Technology & Services Interest Expense Historical Data

* Premium members only.

The historical data trend for CNOOC Energy Technology & Services's Interest Expense 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 Energy Technology & Services Interest Expense Chart

CNOOC Energy Technology & Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -45.71 -75.33 -96.14 -119.94 -107.94

CNOOC Energy Technology & Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense 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 -27.39 -24.07 -24.76 -31.72 -25.08
SHSE:600968
84GF Score
CNOOC Energy Technology & Services Ltd SHSE:600968
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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CNOOC Energy Technology & Services Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-106 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ¥-106 Mil mean?
CNOOC Energy Technology & Services (SHSE:600968) has a Interest Expense of ¥-106 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on CNOOC Energy Technology & Services and its competitors.
Is CNOOC Energy Technology & Services' Interest Expense too high?
CNOOC Energy Technology & Services' current Interest Expense is ¥-106 Mil. Overall, CNOOC Energy Technology & Services has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CNOOC Energy Technology & Services' Interest Expense compare to SLB and BKR?
CNOOC Energy Technology & Services' Interest Expense of ¥-106 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 Interest Expense for an Oil & Gas company?
A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on CNOOC Energy Technology & Services and its competitors. CNOOC Energy Technology & Services's current Interest Expense is ¥-106 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CNOOC Energy Technology & Services stock overvalued right now?
Based on GuruFocus' analysis, CNOOC Energy Technology & Services (SHSE:600968) is currently considered Fairly Valued. The stock's GF Value™ is ¥3.92, compared to a current price of ¥3.69 — trading 5.9% below its estimated fair value. The current Interest Expense is ¥-106 Mil. CNOOC Energy Technology & Services' overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For CNOOC Energy Technology & Services (SHSE:600968), the current Interest Expense is ¥-106 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 Energy Technology & Services (SHSE:600968) Overvalued in 2026?

Based on GuruFocus' analysis, CNOOC Energy Technology & Services stock appears to be undervalued. The current stock price of ¥3.69 is trading 5.9% below its estimated GF Value™ of ¥3.92. GuruFocus considers CNOOC Energy Technology & Services to be Fairly Valued.

Key valuation signals for SHSE:600968:

  • Interest Expense: ¥-106 Mil
  • GF Value™: ¥3.92 vs. price of ¥3.69 (5.9% below fair value)
  • GF Score™: 84/100 with 2 warning signs

No single metric tells the full story. See the SHSE:600968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CNOOC Energy Technology & Services Business Description

Industry EnergyOil & Gas
Address No. 6 Dongzhimenwai Street, CNOOC Building, Dongcheng District, Beijing, CHN, 100027
CNOOC Energy Technology & Services Ltd is a diversified industrial group that covers majority of the upstream and downstream sectors of the oil and gas industry chain, forming four core business segments: Energy technology services; Floating Production Storage and Offloading (FPSO) Production Technical Service segment; Energy logistics services; and the Safety, environmental protection and Energy conservation.
84GF Score

Get the complete analysis for SHSE:600968

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

¥3.69
Price
¥3.92
GF Value