Offshore Oil Engineering Co

Offshore Oil Engineering Co Accounts Payable

The Accounts Payable of Offshore Oil Engineering Co (600583.SS) as of Nov 15, 2026 is 12.23 B CNY. In the previous year, Accounts Payable was 13.26 B CNY — a change of -7.80% (lower).

Accounts Payable

12.23 BCNY

YoY

-7.80%

Last updated:

Accounts Payable of Offshore Oil Engineering Co is 2025 12.23 B CNY. Accounts Payable of Offshore Oil Engineering Co was 2024 13.26 B CNY. It decreases by -7.80% lower compared to the previous year.

The Offshore Oil Engineering Co Accounts Payable history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Accounts Payable
Date
Accounts Payable
Jan 1, 2018
3.94 B CNY
Jan 1, 2019
6.86 B CNY
Jan 1, 2020
7.53 B CNY
Jan 1, 2021
8.52 B CNY
Jan 1, 2022
11.42 B CNY
Jan 1, 2023
12.12 B CNY
Jan 1, 2024
13.26 B CNY
Jan 1, 2025
12.23 B CNY
The Offshore Oil Engineering Co Accounts Payable history
YEARAccounts PayableYoY
12.23 BCNY-7.80%
13.26 BCNY+9.44%
12.12 BCNY+6.09%
11.42 BCNY+34.05%
8.52 BCNY+13.08%
7.53 BCNY+9.78%
6.86 BCNY+74.15%
3.94 BCNY+4.26%
3.78 BCNY-7.03%
4.07 BCNY-13.74%
4.71 BCNY-5.75%
5.00 BCNY—

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Offshore Oil Engineering Co Stock analysis

What does Offshore Oil Engineering Co do? 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. Offshore Oil Engineering Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Offshore Oil Engineering Co stock

Accounts Payable of Offshore Oil Engineering Co is 12.23 B CNY in 2025.

Accounts Payable of Offshore Oil Engineering Co changed from 13.26 B CNY to 12.23 B CNY, representing a -7.80% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Accounts Payable Offshore Oil Engineering Co since 2006 – with annual values, charts, and detailed analysis.

Accounts payable represents money owed to suppliers for goods and services received. It is a key component of working capital management.

Accounts Payable's CNY is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Accounts Payable's Offshore Oil Engineering Co historically and in real time.

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Balance Sheet — Offshore Oil Engineering Co

All Key Metrics — Offshore Oil Engineering Co