Offshore Oil Engineering Co Ltd (600583)

Currency in CNY
6.45
-0.12(-1.83%)
Closed·
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Fair Value
Day's Range
6.406.61
52 wk Range
4.966.68
Key Statistics
Bid/Ask
6.43 / 6.44
Prev. Close
6.45
Open
6.55
Day's Range
6.4-6.61
52 wk Range
4.96-6.68
Volume
75.89M
Average Volume (3m)
52.68M
1-Year Change
19.4444%
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
6.87
Upside
+6.46%
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
Sell
Technical Indicators
Strong Sell
Moving Averages
Neutral

Offshore Oil Engineering Company Profile

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 general contracting; design of oil and gas, and construction projects; planning and evaluation consulting of oil and gas projects; construction of various types of offshore oil construction projects and other marine projects, and land-based petrochemical projects; production and installation of various steel structures and grids; design and manufacture of pressure vessels and pipelines; and research and development, manufacture, and sales of electric and instrumentation automation products, quality control and inspection, physical and chemical, measurement and mapping, and related technical services. The company is involved in the export of products and technologies; the import of raw and auxiliary materials, instruments and meters, mechanical equipment, spare parts, and technologies; contracting of offshore oil projects and domestic international bidding projects; contracting survey, consultation, design, and supervision of the projects; exporting of equipment and materials; domestic coastal general cargo ship transportation; international general cargo transportation; leasing of owned houses; and the sale of steel, pipe fittings, cables, valves, instruments, hardware, and electricity. 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
9824
Market
China

Compare 600583 to Peers and Sector

Metrics to compare
600583
Peers
Sector
Relationship
P/E Ratio
14.1x25.6x5.7x
PEG Ratio
7.840.560.00
Price/Book
1.1x1.6x1.1x
Price / LTM Sales
1.0x1.6x1.3x
Upside (Analyst Target)
8.7%6.6%13.6%
Fair Value Upside
Unlock12.8%5.3%Unlock

Analyst Ratings

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

Analysts 12-Month Price Target:

Average 6.87
(+6.46% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
JPMorgan
Buy7.10+10.08%6.40Maintain19/09/2025
JPMorgan
Buy6.40-0.78%6.50Maintain13/03/2025

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.46%
Dividend Yield
3.12%
Industry Median 2.06%
Annualised payout
0.20
Paid unevenly
5-Years Growth
+27.35%
Growth Streak

Earnings

Latest Release
Oct 24, 2025
EPS / Forecast
0.11 / --
Revenue / Forecast
6.34B / --
EPS Revisions
Last 90 days

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FAQ

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

The live Offshore Oil Engineering share price today is 6.45

What Stock Exchange Does Offshore Oil Engineering (600583) Trade On?

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

What Is the Ticker (Stock Symbol) for Offshore Oil Engineering?

The stock symbol (also called a 'ticker') for Offshore Oil Engineering is "600583."

Does Offshore Oil Engineering Pay Dividends? What’s The Current 600583 Dividend Yield?

Yes, 600583 Pays Dividends to its Shareholders. The current Offshore Oil Engineering dividend yield is 3.12%.

What Is the Current Offshore Oil Engineering Market Cap?

As of today, Offshore Oil Engineering market capitalisation is 28.52B.

What Is Offshore Oil Engineering's (600583) Earnings Per Share (TTM)?

The Offshore Oil Engineering EPS is currently 0.46 (Trailing Twelve Months).

When Is the Next Offshore Oil Engineering Earnings Date?

Offshore Oil Engineering's next earnings report will be released on 21 Mar 2026.

Is 600583 a Buy or Sell From a Technical Analyst Perspective?

Based on today's Offshore Oil Engineering 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. (See the 600583 stock split history page for full effective split date and price information.)

How Many Employees Does Offshore Oil Engineering Have?

Offshore Oil Engineering has 9824 employees.

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

As of 28 Jan 2026, Offshore Oil Engineering (600583) is trading at a price of 6.45, with a previous close of 6.45. The stock has fluctuated within a day range of 6.40 to 6.61, while its 52-week range spans from 4.96 to 6.68.

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

The average 12-month price target for Offshore Oil Engineering is CNY6.87, with a high estimate of CNY7.1 and a low estimate of CNY6.5. 5 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +6.46% Upside potential.
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