Return On Equity	(Dec 31 2020) 2020	(Dec 31 2019) 2019	(Dec 31 2018) 2018	(Dec 31 2015) 2017
Y / Y Equity Change	3.29 %	6.06 %	3.94 %	-	-
Y / Y Net Income Change	-59.08 %	10.73 %	118.54 %	-	-
Return On Equity	5.44 %	13.73 %	13.15 %	6.26 %	-

CEO all Ratios >> Back to CEO Management Effectiveness >> See Quarterly CEO Return On Equity

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Roe Comment

In (Dec 31 2020) ROE decreased compare to previous year to 5.44 %, due to detoriation of net income.

Financial Statements
Cnooc Ltd's Equity	$ 66,502 Millions	Annual CEO's Balance sheet
Cnooc Ltd's Annual Income	$ 3,617 Millions	Annual CEO's Income Statement
Where are CEO's Income coming from?		Visit CEO's Income by Segment

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