Offshore Oil Engineering Co

Offshore Oil Engineering Co Cash Conversion Cycle

The Cash Conversion Cycle (CCC) of Offshore Oil Engineering Co (600583.SS) as of Oct 16, 2026 is -179.46. In the previous year, Cash Conversion Cycle (CCC) was -46.05 — a change of 289.70% (lower).

Cash Conversion Cycle

-179.46

YoY

289.70%

Last updated:

Cash Conversion Cycle (CCC) of Offshore Oil Engineering Co is 2025 -179.46 . Cash Conversion Cycle (CCC) of Offshore Oil Engineering Co was 2024 -46.05 . It decreases by 289.70% lower compared to the previous year.

The Offshore Oil Engineering Co Cash Conversion Cycle history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Cash Conversion Cycle
Date
Cash Conversion Cycle
Jan 1, 2018
100.46 CNY
Jan 1, 2019
72.72 CNY
Jan 1, 2020
41.69 CNY
Jan 1, 2021
6.23 CNY
Jan 1, 2022
-0.82 CNY
Jan 1, 2023
-41.64 CNY
Jan 1, 2024
-46.05 CNY
Jan 1, 2025
-179.46 CNY
The Offshore Oil Engineering Co Cash Conversion Cycle history
YEARCash Conversion CycleYoY
-179.46+289.70%
-46.05+10.59%
-41.64+4,954.85%
-0.82-113.22%
6.23-85.05%
41.69-42.67%
72.72-27.61%
100.46+810.75%
11.03-140.96%
-26.93-428.64%
8.19+331.57%
1.90—

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Offshore Oil Engineering Co Stock analysis

What does Offshore Oil Engineering Co do? Offshore Oil Engineering Co Ltd is a Chinese company based in Tianjin, operating within the Energy sector. The company went public on February 5, 2002, and is listed under the ticker 600583.SS with ISIN CNE0000019T2. It employs 9,614 people. The company provides offshore engineering services, focusing on integrated solutions for offshore oil and gas development projects. Its services include project design, land production, offshore installation, commissioning, and maintenance, as well as liquefied natural gas (LNG) refining projects. Offshore Oil Engineering Co Ltd operates primarily in the South China Sea, Bohai Sea, and East China Sea, with some activities extending to overseas regions. The company's website is https://www.cnoocengineering.com/. The firm functions as a general contracting company, offering comprehensive services for the development and maintenance of offshore energy infrastructure. It does not provide specific details on its founding year, key personnel, acquisitions, or financial figures beyond the IPO date and employee count. The company's operations are centered around offshore energy projects, emphasizing engineering and construction services for the oil and gas industry. Offshore Oil Engineering Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Offshore Oil Engineering Co stock

Cash Conversion Cycle (CCC) of Offshore Oil Engineering Co is -179.46 in 2025.

Cash Conversion Cycle (CCC) of Offshore Oil Engineering Co changed from -46.05 to -179.46, representing a 289.70% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Cash Conversion Cycle (CCC) Offshore Oil Engineering Co since 2006 – with annual values, charts, and detailed analysis.

The Cash Conversion Cycle measures how long it takes to convert inventory investments into cash from sales. A shorter CCC indicates more efficient working capital management.

CCC = DSO + DIO - DPO

A 'good' varies by industry and company stage. On Eulerpool, you can compare Cash Conversion Cycle (CCC)'s Offshore Oil Engineering Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Cash Conversion Cycle (CCC)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Cash Conversion Cycle (CCC).

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Profitability — Offshore Oil Engineering Co

ROEROAROCEROICAsset TurnoverInventory TurnoverReceivables TurnoverDays Sales OutstandingDays Inventory OutstandingDays Payable OutstandingCash Conversion CycleCROICGross Profit/AssetsFixed Asset TurnoverEquity TurnoverWorking Capital TurnoverPayables TurnoverCapital IntensityReceivables/RevenueInventory/RevenueEBIT/Assets

All Key Metrics — Offshore Oil Engineering Co