Offshore Oil Engineering Co Ltd (600583)

Currency in CNY
7.02
+0.28(+4.15%)
Closed·
Earnings results expected in 12 days
600583 is not included in our AI-picked strategies. See which stocks are.
Fair Value
Day's Range
6.687.07
52 wk Range
5.148.72
Key Statistics
Bid/Ask
7.02 / 7.03
Prev. Close
6.74
Open
6.73
Day's Range
6.68-7.07
52 wk Range
5.14-8.72
Volume
106.2M
Average Volume (3m)
123.02M
1-Year Change
32.2034%
Fair Value
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Fair Value Upside
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600583 Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
7.09
Upside
+1.04%
Members' Sentiments
Bearish
Bullish
ProTips
Has raised its dividend for 6 consecutive years
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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Strong Buy

Offshore Oil Engineering Co.,Ltd engages in the design, procurement, construction, offshore installation, commissioning and maintenance of offshore oil and gas development projects in China and internationally. It engages in the engineering, general contracting business; development of offshore and shallow water oil and gas; providing professional solution for deep water jacket engineering, fabrication, and installation; and underwater production systems and SURF, as well as designs and develops LNG terminals, LNG storage tanks, and natural gas liquefaction plants. The company is also involved in modular construction; designing and procurement to construction and project management; offshore wind power and hydrogen energy business; marine ranching; green energy equipment; providing package engineering solutions for Subsea Production Systems; production separators, test separators, slug flow catchers, production water treatment equipment, pressure vessel skids, natural gas compressor skids, and digital intelligent products. In addition, it offers inspection and commissioning; IMR and decommissioning; digital simulation; and digital twin solution, as well as operates 19 vessels fleets and yards. The company was founded in 2000 and is headquartered in Tianjin, China. Offshore Oil Engineering Co.,Ltd operates as a subsidiary of China National Offshore Oil Corporation.

Employees
9994
Market
China

Compare 600583 to Peers and Sector

Metrics to compare
600583
Peers
Sector
Relationship
P/E Ratio
14.9x30.0x7.7x
PEG Ratio
−3.65−0.030.00
Price/Book
1.2x1.9x1.1x
Price / LTM Sales
1.1x1.6x1.4x
Upside (Analyst Target)
1.1%11.2%14.6%
Fair Value Upside
Unlock9.5%5.0%Unlock

Analyst Ratings

3 Buy
0 Hold
0 Sell
Ratings:
3 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 7.09
(+1.04% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
JPMorgan
Buy7.10+1.14%6.40MaintainSep 19, 2025

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.47%
Dividend Yield
2.98%
Industry Median 2.02%
Annualized payout
0.20
Paid unevenly
5-Years Growth
+94.73%
Growth Streak

Earnings

Latest Release
Mar 21, 2026
EPS / Forecast
0.11 / --
Revenue / Forecast
9.5B / 35.24B
EPS Revisions
Last 90 days

600583 Income Statement

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FAQ

What Is the Offshore Oil Engineering (600583) Stock Price Today?

The Offshore Oil Engineering stock price today is 7.02 CNY.

What Stock Exchange Does Offshore Oil Engineering Trade On?

Offshore Oil Engineering is listed and trades on the Shanghai Stock Exchange.

What Is the Stock Symbol for Offshore Oil Engineering?

The stock symbol for Offshore Oil Engineering is "600583."

Does Offshore Oil Engineering Pay Dividends? What’s The Current Dividend Yield?

The Offshore Oil Engineering dividend yield is 2.98%.

What Is the Offshore Oil Engineering Market Cap?

As of today, Offshore Oil Engineering market cap is 31.04B CNY.

What Is Offshore Oil Engineering's Earnings Per Share (TTM)?

The Offshore Oil Engineering EPS (TTM) is 0.47.

When Is the Next Offshore Oil Engineering Earnings Date?

Offshore Oil Engineering will release its next earnings report on Apr 25, 2026.

From a Technical Analysis Perspective, Is 600583 a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Offshore Oil Engineering Stock Split?

Offshore Oil Engineering has split 8 times.

How Many Employees Does Offshore Oil Engineering Have?

Offshore Oil Engineering has 9994 employees.

What is the current trading status of Offshore Oil Engineering (600583)?

As of Apr 13, 2026, Offshore Oil Engineering (600583) is trading at a price of 7.02 CNY, with a previous close of 6.74 CNY. The stock has fluctuated within a day range of 6.68 CNY to 7.07 CNY, while its 52-week range spans from 5.14 CNY to 8.72 CNY.

What Is Offshore Oil Engineering (600583) Price Target According to Analysts?

The average 12-month price target for Offshore Oil Engineering is 7.09 CNY, with a high estimate of 7.68 CNY and a low estimate of 6.5 CNY. 3 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +1.04% Upside potential.
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