Cnooc revenue and financials

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Close · October 6, 2026

In the fiscal year ended December 2025, Cnooc reported revenue of ¥398.22B (−5.30% year over year). Net income was ¥122.08B, a net margin of 30.7%.

Annual revenue · 2025: ¥398.22B
  1. ¥432.23B2022
  2. ¥421.53B2023
  3. ¥420.51B2024
  4. ¥398.22B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
−5.30%
2025 vs 2024
Net income growth
−11.49%
2025 vs 2024
Net margin
30.7%
2024: 32.8%

Financial data

Amounts in millions of CNY; per-share values in CNY; shares in millions.

Income statement · Annual
Item20252024202320222021
Total revenue398,220420,506421,530432,225—
Cost of revenue129,461132,938157,335154,444—
Gross profit268,759287,568264,195277,781—
Selling, general and administrative12,03911,14010,95210,468—
Operating income173,402192,752171,292194,002—
EBIT176,147196,049178,309200,749—
EBITDA257,267271,892248,633263,819—
Interest expense6,5086,0735,3355,979—
Pre-tax income169,639189,976172,974194,770—
Income tax47,49151,99448,88453,093—
Net income122,082137,936123,843141,700—
Net income to common shareholders122,082137,936123,843141,700—
Basic EPS2.572.902.603.03—
Diluted EPS2.572.902.603.03—
Average shares (basic)47,53047,55347,56746,697—
Average shares (diluted)47,53047,55347,56746,697—