SHSE:600968'
s Net Margin % Range Over the Past 10 Years
Min: 3.21 Med: 4.78 Max: 7.85
Current: 7.85
SHSE:600968's Net Margin % is ranked better than 64.19% of 916
companies
in the Oil & Gas industry
Industry Median: 3.435
vs SHSE:600968: 7.85
CNOOC Energy Technology & Services (SHSE:600968) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
CNOOC Energy Technology & Services Net Margin % Related Terms
CNOOC Energy Technology & Services Net Margin % Historical Data
* 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 Net Margin % Chart
SHSE:600968 vs SLB, BKR, HAL: Net Margin % Comparison
For the Oil & Gas Equipment & Services subindustry, CNOOC Energy Technology & Services's Net Margin %, along with its competitors' market caps and Net Margin % 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 Energy Technology & Services Net Margin % vs Oil & Gas Industry
* 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 (SHSE:600968) has a Net Margin % of 6.54% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on CNOOC Energy Technology & Services and its competitors. This is 37% above median its historical median of 4.78. Over the past decade, CNOOC Energy Technology & Services' Net Margin % has ranged from 3.21 to 7.85. According to the industry distribution chart, CNOOC Energy Technology & Services ranks #328 out of 916 companies in the Oil & Gas industry, placing it in the top 35.8%.
Is CNOOC Energy Technology & Services' Net Margin % too high?
CNOOC Energy Technology & Services' current Net Margin % of 6.54% is 37% above median its 10-year median of 4.78. Over the past 10 years, this metric has ranged from a low of 3.21 to a high of 7.85. The Oil & Gas industry median Net Margin % is 3.44. CNOOC Energy Technology & Services' value of 6.54% is 90.4% above this industry median. Based on the distribution chart, CNOOC Energy Technology & Services ranks #328 out of 916 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, CNOOC Energy Technology & Services has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CNOOC Energy Technology & Services' Net Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, CNOOC Energy Technology & Services ranks #328 out of 916 companies for Net Margin %. This puts CNOOC Energy Technology & Services in the upper half of its industry. The industry median Net Margin % is 3.44. CNOOC Energy Technology & Services' value of 6.54% is 90.4% above this benchmark. Historically, CNOOC Energy Technology & Services' own Net Margin % has ranged from 3.21 to 7.85 over the past decade. While the company's 10-year median is 4.78 vs. the industry median of 3.44, CNOOC Energy Technology & Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CNOOC Energy Technology & Services's current Net Margin % of 6.54% is 90.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on CNOOC Energy Technology & Services and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CNOOC Energy Technology & Services's current Net Margin % is 6.54%, which is 37% above median its own 10-year median of 4.78. 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 ¥3.89, compared to a current price of ¥3.80 — trading 2.3% below its estimated fair value. The current Net Margin % is 6.54%, which is 37% above median its 10-year median of 4.78 and 90.4% above the Oil & Gas industry median of 3.44. CNOOC Energy Technology & Services' overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For CNOOC Energy Technology & Services (SHSE:600968), the current Net Margin % is 6.54% 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 ¥3.80 is trading 2.3% below its estimated GF Value™ of ¥3.89.
GuruFocus considers CNOOC Energy Technology & Services to be Fairly Valued.
Key valuation signals for SHSE:600968:
Net Margin %: 6.54% (37% above median its 10-year median of 4.78)
GF Value™: ¥3.89 vs. price of ¥3.80 (2.3% below fair value)
Industry Position: 90.4% above the Oil & Gas median (#328 of 916)
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
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.
89GF Score
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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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