Offshore Oil Engineering Co

Offshore Oil Engineering Co Fixed Asset Turnover

The Fixed Asset Turnover of Offshore Oil Engineering Co (600583.SS) as of Nov 15, 2026 is 2.11. In the previous year, Fixed Asset Turnover was 1.69 — a change of 24.91% (higher).

Fixed Asset Turnover

2.11

YoY

24.91%

Last updated:

Fixed Asset Turnover of Offshore Oil Engineering Co is 2022 2.11 . Fixed Asset Turnover of Offshore Oil Engineering Co was 2021 1.69 . It decreases by 24.91% higher compared to the previous year.

The Offshore Oil Engineering Co Fixed Asset Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Fixed Asset Turnover
Date
Fixed Asset Turnover
Jan 1, 2015
1.06 CNY
Jan 1, 2016
1.02 CNY
Jan 1, 2017
0.83 CNY
Jan 1, 2018
0.93 CNY
Jan 1, 2019
1.29 CNY
Jan 1, 2020
1.58 CNY
Jan 1, 2021
1.69 CNY
Jan 1, 2022
2.11 CNY
The Offshore Oil Engineering Co Fixed Asset Turnover history
YEARFixed Asset TurnoverYoY
2.11+24.91%
1.69+6.95%
1.58+22.55%
1.29+39.12%
0.93+11.19%
0.83-18.48%
1.02-4.14%
1.06-28.99%
1.50—

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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

Fixed Asset Turnover of Offshore Oil Engineering Co is 2.11 in 2022.

Fixed Asset Turnover of Offshore Oil Engineering Co changed from 1.69 to 2.11, representing a 24.91% change. The value is higher than the previous year.

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

Fixed asset turnover measures revenue generated per unit of PP&E. Higher ratios indicate more efficient utilization of physical assets.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Fixed Asset Turnover's Offshore Oil Engineering Co with sector peers and the industry average to assess whether it is attractive.

To evaluate Fixed Asset Turnover's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Fixed Asset Turnover.

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Profitability — Offshore Oil Engineering Co

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