Offshore Oil Engineering Co

Offshore Oil Engineering Co Tax Expense

The Income Tax Expense of Offshore Oil Engineering Co (600583.SS) as of Nov 15, 2026 is 414.58 M CNY. In the previous year, Income Tax Expense was 491.36 M CNY — a change of -15.63% (lower).

Tax Expense

414.58 MCNY

YoY

-15.63%

Last updated:

Income Tax Expense of Offshore Oil Engineering Co is 2025 414.58 M CNY. Income Tax Expense of Offshore Oil Engineering Co was 2024 491.36 M CNY. It decreases by -15.63% lower compared to the previous year.

The Offshore Oil Engineering Co Tax Expense history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Tax Expense
Date
Tax Expense
Jan 1, 2018
48.94 M CNY
Jan 1, 2019
180.10 M CNY
Jan 1, 2020
173.91 M CNY
Jan 1, 2021
200.51 M CNY
Jan 1, 2022
311.22 M CNY
Jan 1, 2023
281.60 M CNY
Jan 1, 2024
491.36 M CNY
Jan 1, 2025
414.58 M CNY
The Offshore Oil Engineering Co Tax Expense history
YEARTax ExpenseYoY
414.58 MCNY-15.63%
491.36 MCNY+74.49%
281.60 MCNY-9.52%
311.22 MCNY+55.21%
200.51 MCNY+15.30%
173.91 MCNY-3.43%
180.10 MCNY+267.97%
48.94 MCNY-64.29%
137.04 MCNY-54.99%
304.45 MCNY-49.44%
602.16 MCNY-28.37%
840.66 MCNY—

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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

Income Tax Expense of Offshore Oil Engineering Co is 414.58 M CNY in 2025.

Income Tax Expense of Offshore Oil Engineering Co changed from 491.36 M CNY to 414.58 M CNY, representing a -15.63% change. The value is lower than the previous year.

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

Tax expense represents the total income taxes owed. It reflects the company's tax obligations and effective tax rate.

Income Tax Expense'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 Income Tax Expense's Offshore Oil Engineering Co historically and in real time.

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Income Statement — Offshore Oil Engineering Co

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