CNOOC (SHSE:600938) Minority Interest: ¥2,505.00 Mil (As of Jun. 2026)

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SHSE:600938 CNOOC Ltd SHSE:600938
78 GF Score
Price ¥33.54
GF Value ¥28.00
Valuation Modestly Overvalued
! 3 Warning Signs
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What is CNOOC Minority Interest?

CNOOC SHSE:600938 +3.84% 78 Minority Interest is ¥2,505.00 Mil as of Jun. 2026. GuruFocus rates SHSE:600938 with a GF Score™ of 78/100 and a GF Value™ of ¥28.00 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

CNOOC's minority interest for the quarter that ended in Jun. 2026 was ¥2,505.00 Mil.


CNOOC Minority Interest Historical Data

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The historical data trend for CNOOC's Minority Interest 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 Minority Interest Chart

CNOOC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Minority Interest
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,064.00 1,201.00 1,290.00 1,888.00 2,434.00

CNOOC Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Minority Interest 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 1,705.00 1,888.00 1,907.00 2,434.00 2,505.00
SHSE:600938
78GF Score
CNOOC Ltd SHSE:600938
Minority Interest is just one metric. See GF Score™, valuation, warning signs, and more.
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CNOOC Minority Interest Calculation

Minority interest is the carrying amount of the equity interests owned by non-controlling shareholders, partners, or other equity holders in one or more of the entities included in the reporting entity's consolidated financial statements.

Frequently Asked Questions Learn more about Minority Interest →
What does a Minority Interest of ¥2,505.00 Mil mean?
CNOOC (SHSE:600938) has a Minority Interest of ¥2,505.00 Mil as of Jun. 2026. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on CNOOC.
Is CNOOC's Minority Interest too high?
CNOOC's current Minority Interest is ¥2,505.00 Mil. Overall, CNOOC has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CNOOC's Minority Interest compare to COP and EOG?
CNOOC's Minority Interest of ¥2,505.00 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 Minority Interest for an Oil & Gas company?
A good Minority Interest depends on the Oil & Gas industry context. However, Minority Interest 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 Minority Interest mean?
A high Minority Interest can signal that a stock is expensive relative to its fundamentals. Minority interest represents the carrying value of equity from non-controlling shareholders and company partners. View historical data on CNOOC. CNOOC's current Minority Interest is ¥2,505.00 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 (SHSE:600938) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥28.00, compared to a current price of ¥33.54 — trading 19.8% above its estimated fair value. The current Minority Interest is ¥2,505.00 Mil. CNOOC's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Minority Interest calculated?
Minority Interest is calculated from a company's financial statements. For CNOOC (SHSE:600938), the current Minority Interest is ¥2,505.00 Mil as of Jun. 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 (SHSE:600938) Overvalued in 2026?

Based on GuruFocus' analysis, CNOOC stock appears to be overvalued. The current stock price of ¥33.54 is trading 19.8% above its estimated GF Value™ of ¥28.00. GuruFocus considers CNOOC to be Modestly Overvalued.

Key valuation signals for SHSE:600938:

  • Minority Interest: ¥2,505.00 Mil
  • GF Value™: ¥28.00 vs. price of ¥33.54 (19.8% above fair value)
  • GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the SHSE:600938 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CNOOC Business Description

Industry EnergyOil & Gas
Other Exchanges 00883:Hong Kong
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.
78GF Score

Get the complete analysis for SHSE:600938

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

¥33.54
Price
¥28.00
GF Value