Summary by Moomoo AI
CNOOC Limited released the risk continuous assessment report of its wholly-owned subsidiary CNOOC Finance Limited on August 28, 2024. The report shows that CNOOC Finance has maintained stable operation since its establishment in 2002, with no non-performing assets or loans. As of June 30, 2024, the total assets of CNOOC Finance reached 241.36 billion yuan, with owner's equity of 15.599 billion yuan. The total profit for the first half of the year was 1.036 billion yuan, and the net profit was 0.753 billion yuan. The company has a sound internal control system, a well-established and effectively implemented risk management system, and all regulatory indicators meet the required standards. The capital adequacy ratio is 15.29%, and the liquidity ratio is 80%, demonstrating strong capital strength and risk resistance...Show More