Offshore Oil Engineering Co Ltd (600583)

Currency in CNY
5.65
-0.05(-0.88%)
Closed·
600583 Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
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Fair Value
Day's Range
5.645.75
52 wk Range
4.756.40
Key Statistics
Bid/Ask
5.65 / 5.66
Prev. Close
5.7
Open
5.73
Day's Range
5.64-5.75
52 wk Range
4.75-6.4
Volume
38.73M
Average Volume (3m)
45.76M
1-Year Change
3.26%
Fair Value
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Fair Value Upside
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Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
6.63
Upside
+17.40%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 6 consecutive years
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

Offshore Oil Engineering Co Ltd Company Profile

Offshore Oil Engineering Co.,Ltd engages in the design, procurement, construction, offshore installation, commissioning and maintenance of offshore oil and gas development projects in China and internationally. It engages in the general contracting; design of oil and gas, and construction projects; planning and evaluation consulting of oil and gas projects; construction of various types of offshore oil construction projects and other marine projects, and land-based petrochemical projects; production and installation of various steel structures and grids; design and manufacture of pressure vessels and pipelines; and research and development, manufacture, and sales of electric and instrumentation automation products, quality control and inspection, physical and chemical, measurement and mapping, and related technical services. The company is involved in the export of products and technologies; the import of raw and auxiliary materials, instruments and meters, machinery equipment, spare parts, and technologies; contracting of offshore oil projects and domestic international bidding projects; contracting survey, consultation, design, and supervision of the projects; exporting of equipment and materials; dispatching of laborers; domestic coastal general cargo ship transportation; international general cargo transportation; leasing of owned houses; and the sale of steel, pipe fittings, cables, valves, instruments, hardware, and electricity. In addition, it offers non-destructive test services. The company was founded in 2000 and is headquartered in Tianjin, China. Offshore Oil Engineering Co.,Ltd operates as a subsidiary of China National Offshore Oil Corporation.

Employees
9824
Market
China

Compare 600583 to Peers and Sector

Metrics to compare
600583
Peers
Sector
Relationship
P/E Ratio
11.2x30.1x4.8x
PEG Ratio
0.360.590.00
Price/Book
0.9x2.0x1.1x
Price / LTM Sales
0.9x2.2x1.1x
Upside (Analyst Target)
15.0%13.7%24.9%
Fair Value Upside
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Analyst Ratings

5 Buy
0 Hold
0 Sell
Ratings:
5 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 6.63
(+17.40% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.50%
Dividend Yield
3.53%
Industry Median 2.75%
Annualised payout
0.20
Paid unevenly
5-Years Growth
+27.35%
Growth Streak

Earnings

Latest Release
Apr 25, 2025
EPS / Forecast
0.12 / --
Revenue / Forecast
5.10B / --
EPS Revisions
Last 90 days

600583 Income Statement

FAQ

What Stock Exchange Does Offshore Oil Engineering Trade On?

Offshore Oil Engineering is listed and trades on the Shanghai Stock Exchange stock exchange.

What Is the Stock Symbol for Offshore Oil Engineering?

The stock symbol for Offshore Oil Engineering is "600583."

What Is the Offshore Oil Engineering Market Cap?

As of today, Offshore Oil Engineering market cap is 25.02B.

What Is Offshore Oil Engineering's Earnings Per Share (TTM)?

The Offshore Oil Engineering EPS (TTM) is 0.50.

When Is the Next Offshore Oil Engineering Earnings Date?

Offshore Oil Engineering will release its next earnings report on 15 Aug 2025.

From a Technical Analysis Perspective, Is 600583 a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Offshore Oil Engineering Stock Split?

Offshore Oil Engineering has split 8 times.

How Many Employees Does Offshore Oil Engineering Have?

Offshore Oil Engineering has 9824 employees.

What is the current trading status of Offshore Oil Engineering (600583)?

As of 23 Jul 2025, Offshore Oil Engineering (600583) is trading at a price of 5.65, with a previous close of 5.70. The stock has fluctuated within a day range of 5.64 to 5.75, while its 52-week range spans from 4.75 to 6.40.
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