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CNOOC's Other Operating Expense for the
three
months ended in Jun. 2026 was ¥0 Mil.
Its Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 was ¥83,447 Mil.
CNOOC's quarterly Other Operating Expense
declined
from Dec. 2025 (¥63,478 Mil) to Mar. 2026 (¥7,067 Mil) and
declined
from Mar. 2026 (¥7,067 Mil) to Jun. 2026 (¥0 Mil).
CNOOC's annual Other Operating Expense
increased
from Dec. 2023 (¥81,951 Mil) to Dec. 2024 (¥83,676 Mil) but then
declined
from Dec. 2024 (¥83,676 Mil) to Dec. 2025 (¥83,318 Mil).
The historical data trend for CNOOC's Other Operating 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.
Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)
Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.
Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥83,447 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.
What does a Other Operating Expense of ¥83,447 Mil mean?
CNOOC (SHSE:600938) has a Other Operating Expense of ¥83,447 Mil as of Jun. 2026. Other operating expenses that a company records on its income statement. View historical data on CNOOC and its competitors.
Is CNOOC's Other Operating Expense too high?
CNOOC's current Other Operating Expense is ¥83,447 Mil. Overall, CNOOC has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CNOOC's Other Operating Expense compare to COP and EOG?
CNOOC's Other Operating Expense of ¥83,447 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 Other Operating Expense for an Oil & Gas company?
A good Other Operating Expense depends on the Oil & Gas industry context. However, Other Operating 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on CNOOC and its competitors. CNOOC's current Other Operating Expense is ¥83,447 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 Significantly Overvalued. The stock's GF Value™ is ¥24.15, compared to a current price of ¥34.95 — trading 44.7% above its estimated fair value. The current Other Operating Expense is ¥83,447 Mil. CNOOC's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For CNOOC (SHSE:600938), the current Other Operating Expense is ¥83,447 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 ¥34.95 is trading 44.7% above its estimated GF Value™ of ¥24.15.
GuruFocus considers CNOOC to be Significantly Overvalued.
Key valuation signals for SHSE:600938:
Other Operating Expense: ¥83,447 Mil
GF Value™: ¥24.15 vs. price of ¥34.95 (44.7% above fair value)
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 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.
79GF Score
Get the complete analysis for SHSE:600938
Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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