Offshore Oil Engineering Co (600583.SS) Stock Price

Offshore Oil Engineering Co Price

SSE·CLOSED
6.28
​
Market closed

Revenue has compounded at 9.3% per year over the past 19 years to 27.08 B CNY. Earnings per share have grown at 4.1% per year over the last 19 years. Offshore Oil Engineering Co's net margin stands at 7.7%, up from 1.9% several years earlier. Offshore Oil Engineering Co currently offers a dividend yield of about 3.20%. The payout ratio is around 43% of earnings. The dividend has grown at 8.0% per year over the past 19 years. Analysts set a median price target of 6.94 CNY, implying 10.4% above the current price. Of 9 analysts, 8 rate the stock a buy — an overall Buy consensus.

Offshore Oil Engineering Co stock price

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Offshore Oil Engineering Co business model & stock analysis

Offshore Oil Engineering Co., Ltd. generates revenue through comprehensive offshore engineering services including design, land production, installation, commissioning, and maintenance for oil and gas development projects. The company primarily serves clients in the South China Sea, Bohai Sea, and East China Sea regions, as well as overseas districts. Its integrated approach covers liquefied natural gas (LNG) refining projects alongside traditional offshore oil and gas operations. The firm's services are contracted by energy companies requiring full project lifecycle support for offshore developments. The company's business model relies on securing general contracting agreements for large-scale offshore projects. These contracts typically involve multi-phase work including design, construction, and post-commissioning maintenance. Offshore Oil Engineering Co., Ltd. leverages its 9,614 full-time employees to deliver these services across its operational regions. The firm's integrated service offering allows it to provide end-to-end solutions for clients without requiring separate vendors for different project phases. Clients purchasing the company's services include energy firms operating in the South China Sea, Bohai Sea, and East China Sea regions. The company's LNG refining project expertise expands its market reach beyond traditional oil and gas clients. Offshore Oil Engineering Co., Ltd. focuses on delivering complete project solutions rather than specialized components, which differentiates its service model from competitors offering narrower service portfolios.

Frequently asked questions about Offshore Oil Engineering Co

Analysts currently set an average price target of 6.94 CNY for the Offshore Oil Engineering Co stock (median: 6.94 CNY), implying +10.4 % versus the latest price. The consensus is based on 9 analyst ratings.

9 analysts currently rate the Offshore Oil Engineering Co stock: 8 recommend buying, 1 holding and 0 selling. For 2026, analysts expect Offshore Oil Engineering Co to generate revenue of 30.79 B CNY and earnings per share of 0.52 CNY.

Converted at the current exchange rate, the Offshore Oil Engineering Co share trades at 0.84 EUR (6.28 CNY).

The Offshore Oil Engineering Co share (600583.SS) is listed on 1 stock exchanges, including: Shanghai (600583.SS).

The expected revenue of Offshore Oil Engineering Co is 30.79 B CNY. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Offshore Oil Engineering Co is 2.32 B CNY. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Offshore Oil Engineering Co is currently 11.99. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Offshore Oil Engineering Co stock.

The price-to-sales ratio (P/S) of Offshore Oil Engineering Co is currently 0.90. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Offshore Oil Engineering Co stock.

The Eulerpool Quality Score for Offshore Oil Engineering Co is 5/10.

The ISIN of Offshore Oil Engineering Co is CNE0000019T2. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Offshore Oil Engineering Co is 600583.SS. The ticker symbol is used to trade Offshore Oil Engineering Co shares on the stock exchange.

Fair ValueTerminal
6.59 CNY
Over-/UndervaluationTerminal
Fairly valued
Sector
Industry
Energy Equipment & Services
Number of shares
Employees
Revenue per Employee
2.82 M CNY
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Currency
CNY
Initial public offering
Feb 5, 2002
ISIN
CNE0000019T2
Cusip
Y6440J106
Market capitalization
27.70 B CNYLarge Cap
52-Week Range
PEG
1.68
P/E ratio
P/Ee 2026
11.96
P/Ee 2027
10.55
P/Ee 2028
9.52
P/S
P/Se
0.90
EV/EBIT
10.19
P/B Ratio
1.04
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
7.46 %
Dividend
Dividend yield
3.20 %
Est. Dividend Yield
3.12 %
Payout Ratio
42.63 %
Dividend growth Ø5Y
19.63 %
Dividend payments per year
1
Dividend paid since
14 years
Dividend not reduced since
7 years
Dividend increased since
6 years
Dividend withholding tax
10.00 %
Last updated Nov 7, 2026, 12:59 AM

Offshore Oil Engineering Co Peer Group

Offshore Oil Engineering Co Ticker

SHH · 600583.SS

Offshore Oil Engineering Co FIGI

600583:CH · BBG000M3W636600583:CG · BBG000M3W6N4600583:C1 · BBG00709HWZ7