Group 1 - The core viewpoint of the articles highlights the performance of the China Securities Hong Kong 300 Energy Index, which has seen a decline of 7.31% in the past month, 8.77% in the past three months, and 10.93% year-to-date [1] - The top ten holdings of the China Securities Hong Kong 300 Energy Index include China National Offshore Oil (41.44%), PetroChina (17.49%), China Shenhua Energy (13.95%), Sinopec (13.62%), and others, indicating a concentration in a few major companies [1] - The index is designed to reflect the overall performance of different industries in the Hong Kong market, with a base date of December 31, 2004, set at 1000.0 points [1] Group 2 - The market segments represented in the China Securities Hong Kong 300 Energy Index are entirely from the Hong Kong Stock Exchange, with fuel refining accounting for 42.01%, integrated oil and gas companies for 31.12%, and coal for 24.17% [2] - The index samples are adjusted biannually, with changes implemented on the next trading day following the second Friday of June and December, ensuring that the weight factors are updated accordingly [2] - Adjustments to the index samples occur in response to special events affecting the companies, such as mergers or delistings, ensuring the index remains reflective of the current market landscape [2]

证券代码：601808 证券简称：中海油服 公告编号：临 2025-012 中海油田服务股份有限公司 关于召开2024年年度股东大会、2025 年第一次 A 股类别股东 大会及 2025 年第一次 H 股类别股东大会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、 召开会议的基本情况 (一) 股东大会类型和届次 2024年年度股东大会、2025 年第一次 A 股类别股东大会及 2025 年第一次 H 股类 别股东大会 2024 年年度股东大会召开的日期时间：2025 年 5 月 22 日上午 10 点 00 分 2025 年第一次 A 股类别股东大会的日期时间：2025 年 5 月 22 日上午 10 点 15 分 股东大会召开日期：2025年5月22日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票系统 (二) 股东大会召集人：董事会 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 (四) 现场会议召开的日期、时间和地点 2025 年第一次 H 股 ...

中海油田服务股份有限公司 2024 年年度股东大会、 2025 年第一次 A 股类别股东大会及 2025 年第一次 H 股类别股东大会 会议资料 二〇二五年五月二十二日 河北燕郊 1 2024 年年度股东大会议案 议案一 截至 2024 年 12 月 31 日止年度经审计的财务报告及审计报告 议案目录 | 2024 | 年年度股东大会议案 3 | | --- | --- | | | 议案一 截至 2024 年 12 月 31 日止年度经审计的财务报告及审计报告 3 | | | 议案二 关于公司 2024 年度利润分配的议案 4 | | | 议案三 截至 2024 年 12 月 31 日止年度董事会报告 5 | | | 议案四 截至 2024 年 12 月 31 日止年度监事会报告 6 | | | 议案五 关于会计师事务所续聘的议案 7 | | | 议案六 关于全资子公司 COSL Middle East FZE 美元贷款续签并由公司 | | | 为其提供担保的议案 8 | | | 议案七 关于公司为全资子公司提供担保的议案 9 | | | 议案八 关于授权董事会增发不超过已发行的 H 股股份总数 20%的 H ...

Investment Rating - The investment rating for the company is "Buy" and it is maintained [9]. Core Insights - The company reported a significant increase in performance for Q1 2025, with total revenue reaching 10.798 billion yuan, a year-on-year increase of 6.40%. The total profit amounted to 1.129 billion yuan, up 20.12%, and the net profit attributable to shareholders was 0.887 billion yuan, reflecting a substantial increase of 39.60% [2][6]. Summary by Relevant Sections Financial Performance - In Q1 2025, the company achieved a gross profit margin of 17.64%, an increase of 1.24 percentage points year-on-year. The expense ratio decreased by 0.88 percentage points, with financial expense ratio down by 0.6 percentage points due to optimized debt structure, leading to a 2.28 percentage point reduction in asset-liability ratio [11]. Drilling Business - The drilling business saw a significant improvement in workload, with operating days for drilling platforms increasing by 11.4% year-on-year to 4,889 days in Q1 2025. The utilization rate of drilling platforms reached 89.5%, an increase of 10.3 percentage points year-on-year [11]. Technology-Driven Strategy - The company continues to implement a "technology-driven" strategy, resulting in stable growth in oilfield technical services. The gross profit margin for oilfield technical services increased to 22.9%, up 0.80 percentage points year-on-year, with the segment's revenue share rising from 29% in 2014 to 57% in 2024 [11]. Market Potential - The company is expected to benefit from the significant potential of offshore oil and gas resources, with China's offshore capital expenditure budget for 2025 set at 125-135 billion yuan, maintaining a high baseline from 2024. This will support substantial energy engineering construction demand [11]. Earnings Forecast - The projected EPS for the company from 2025 to 2027 is 0.81 yuan, 0.87 yuan, and 0.92 yuan, respectively, with corresponding PE ratios of 16.61X, 15.47X, and 14.66X based on the closing price on April 25, 2025 [11].

Summary of CNOOC Services Conference Call Company Overview - CNOOC Services reported Q1 revenue of 10.8 billion RMB, a year-on-year increase of 6.4%, and a net profit attributable to shareholders of 0.89 billion RMB, a significant year-on-year increase of nearly 40%, primarily benefiting from resource optimization and full industry chain integration [2][3][4]. Key Points Financial Performance - Q1 revenue reached 10.8 billion RMB, up 6.4% year-on-year [2][3]. - Net profit attributable to shareholders was 0.89 billion RMB, reflecting a nearly 40% increase year-on-year [2][3]. - Financial expenses decreased significantly, contributing positively to performance growth, with expectations for stable annual financial expenses [4][14]. Operational Highlights - Drilling platform operating days increased significantly, totaling 48,089 days in Q1, a year-on-year increase of 11.4% [2][3]. - High utilization rates for overseas drilling platforms, with four out of five semi-submersible drilling platforms currently operational [2][6]. - Domestic platforms maintained stable workload and utilization rates, with new platforms showing full scheduling [6][7]. Pricing and Contracts - Day rates for four vessels in Norway are approximately 300,000 USD [9]. - Day rates for overseas platforms are expected to remain stable during contract periods, unaffected by industry fluctuations [10]. - Domestic platform pricing has remained stable, with slight increases for new platforms [11][12]. Sector Insights - The overall gross margin for the oil service sector is expected to improve in 2024, although overseas profit margins remain lower than domestic due to initial technical layout and new market development impacts [13]. - The company is actively expanding deepwater business, participating in Brazilian deepwater projects and obtaining entry qualifications through an eight-country oil alliance [4][20]. Technology and R&D - The company has made significant investments in oil and gas exploration technology, particularly in ultra-deepwater high-temperature and high-pressure working fluids and directional equipment [21]. - Continuous focus on deepwater technology development, including successful operations of self-developed equipment and participation in deepwater projects [20]. Market Outlook - The company is closely monitoring market dynamics and will seek suitable contract opportunities in various regions, including North Sea and Brazil [17][18]. - New signing platform average rates are expected to rise, despite some regional fluctuations [23]. Additional Important Insights - The company has not seen any significant changes in operational platforms and does not currently plan to recognize impairment losses, although external market fluctuations could prompt adjustments [16]. - The company maintains a cooperative relationship with newly established operational companies under CNOOC, focusing on resource pooling and potential future collaborations [18].

Investment Rating - The report maintains a "Buy" rating for the A-shares and an "Accumulate" rating for the H-shares of the company [1]. Core Views - The company's Q1 2025 net profit attributable to shareholders increased by 39.6% year-on-year, driven by significant growth in drilling workload and effective cost control [5][6]. - The average Brent crude oil price in Q1 2025 was $74.98 per barrel, showing a year-on-year decrease of 8.3% but a quarter-on-quarter increase of 1.3% [6]. - The company is focusing on optimizing resource allocation and expanding into high-potential markets, leveraging its integrated advantages across the entire industry chain [6][9]. - The technical services segment has shown robust growth, with revenue from this segment increasing from 133 billion yuan in 2020 to 277 billion yuan in 2024, now accounting for 57% of total revenue [8]. Summary by Sections Financial Performance - In Q1 2025, the company achieved total revenue of 10.8 billion yuan, a year-on-year increase of 6.4% and a quarter-on-quarter decrease of 26.25% [5]. - The gross profit margin for Q1 2025 was 17.64%, up 1.24 percentage points year-on-year, with an annualized ROE of 8.02%, an increase of 1.97 percentage points [6]. Drilling Operations - The company recorded 4,889 days of drilling platform operations in Q1 2025, a year-on-year increase of 11.4% [7]. - The utilization rates for self-elevating and semi-submersible platforms were 91.9% and 90.4%, respectively, reflecting increases of 7.6 percentage points and 4.2 percentage points year-on-year [7]. Market Outlook - The report indicates that the company is well-positioned to benefit from the ongoing increase in upstream investment and the expansion of technical application scenarios in the oil and gas sector [9]. - The global trend of deteriorating oil and gas resources presents challenges, but also opportunities for the company's technical services [9]. Profit Forecast and Valuation - The profit forecasts for 2025-2027 have been adjusted upwards, with expected net profits of 3.806 billion yuan, 4.193 billion yuan, and 4.623 billion yuan, respectively [10]. - The report emphasizes the company's commitment to a technology-driven strategy and international market expansion, suggesting potential for high-quality growth [10].

Investment Rating - The report maintains a "Buy" rating for the company, expecting significant stock price appreciation over the next six months [5]. Core Insights - The company reported a revenue of 10.798 billion yuan for Q1 2025, representing a year-on-year increase of 6.40%, and a net profit attributable to shareholders of 0.887 billion yuan, up 39.60% year-on-year [1][3]. - The utilization rate of drilling platforms has significantly improved, with a total of 4,889 operational days in Q1 2025, an increase of 11.4% year-on-year, and an overall utilization rate of 89.5%, up 10.3 percentage points year-on-year [2]. - The gross margin for Q1 2025 was 17.64%, reflecting an increase of 1.24 percentage points year-on-year, while the expense ratio was 6.64%, down 0.88 percentage points year-on-year, indicating effective cost control [3]. Financial Summary - The company forecasts net profits of 4.296 billion yuan, 4.905 billion yuan, and 5.436 billion yuan for 2025, 2026, and 2027 respectively, with year-on-year growth rates of 36.94%, 14.18%, and 10.83% [4][3]. - The projected earnings per share (EPS) for 2025, 2026, and 2027 are 0.90 yuan, 1.03 yuan, and 1.14 yuan respectively, with corresponding price-to-earnings (P/E) ratios of 14.76X, 12.93X, and 11.67X [4][3]. - The company’s total revenue is expected to grow from 51.826 billion yuan in 2025 to 58.709 billion yuan in 2027, with a compound annual growth rate (CAGR) of approximately 6.15% [4].

金十数据整理：每日港股市场要闻速递（4月24日 周四） 4. 中广核电力 (01816.HK)：一季度营业收入约200.28亿元，同比增长4.41%；净利润约30.26亿元，同比 减少16.07%。 5. 中海油田服务 (02883.HK)：一季度营业收入为107.975亿元，同比增长6.4%；净利润约8.87亿元，同 比增长39.6%。 6. 平安好医生 (01833.HK)：一季度实现收入约10.625亿元，同比增长25.8%。净利润3318.8万元，同比 扭亏为盈。 7. 丽珠医药 (01513.HK)：一季度营业收入约31.81亿元，同比减少1.92%；净利润6.37亿元，同比增长 4.75%。 8. 国泰航空 (00293.HK)：3月载客量为225.62万人次，同比增加19.8%；前3月累计载客量同比增加 23.4%。 9. 宝龙地产 (01238.HK)：已委任新独家财务顾问，以促进公司与其债权人之间的进一步沟通。 1. 南都电源：筹划境外发行股份并在香港联交所上市。 2. 金猫银猫(01815.HK)：4月29日起中文股份简称将变更为"珠峰黄金"。 3. 新东方(09901.HK)：2025财 ...

证券代码：601808 证券简称：中海油服 公告编号：临2025-011 中海油田服务股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 中海油田服务股份有限公司（以下简称"公司"或"本公司"或"中海油服"） 董事会 2025 年第二次会议于 2025 年 4 月 23 日在北京以现场表决方式召开。会议通 知于 2025 年 4 月 8 日以电子邮件方式送达董事。会议应出席董事 8 人（卢涛先生因 其他公务原因未能亲自出席并书面委托赵顺强先生代为行使表决权，范白涛先生因其 他公务原因未能亲自出席并书面委托刘秋东先生代为行使表决权），实际出席董事 8 人。会议由董事长赵顺强先生主持。公司监事胡昭玲女士、王林根先生列席会议。公 司董事会秘书孙维洲先生、首席财务官郄佶先生列席会议。会议的召开符合《中华人 民共和国公司法》等相关法律、行政法规、部门规章和《中海油田服务股份有限公司 章程》(以下简称"《公司章程》")的规定。 二、董事会会议审议情况 本议案已经审计委员会审议通过，并同意提交董事会审议。 ...

Financial Performance - The company's operating revenue for Q1 2025 was RMB 10,797.5 million, representing a 6.4% increase compared to RMB 10,148.0 million in the same period last year[2]. - The net profit attributable to shareholders was RMB 887.2 million, a significant increase of 39.6% from RMB 635.5 million year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 960.2 million, up 46.4% from RMB 655.7 million in the previous year[2]. - The basic earnings per share increased to RMB 0.19, reflecting a 46.2% rise from RMB 0.13 in the same quarter last year[2]. - The total profit for the same period was RMB 1,129.2 million, with a year-on-year growth of 20.1%[11]. - Net profit reached RMB 936.7 million, reflecting a year-on-year increase of 35.6%[11]. - Total operating revenue for Q1 2025 reached CNY 10,797,543,330, an increase of 6.4% compared to CNY 10,147,976,009 in Q1 2024[20]. - Net profit for Q1 2025 was CNY 936,709,221, up 35.6% from CNY 690,643,205 in Q1 2024[20]. - The total comprehensive income for Q1 2025 was CNY 927,917,809, compared to CNY 698,147,125 in Q1 2024, reflecting a growth of 32.9%[20]. Asset and Equity - The total assets at the end of the reporting period were RMB 83,377.9 million, a slight increase of 0.5% from RMB 82,947.7 million at the end of the previous year[3]. - The equity attributable to shareholders rose to RMB 44,706.9 million, marking a 2.1% increase from RMB 43,797.2 million at the end of the last year[3]. - Total assets amounted to CNY 83,377,931,592, slightly up from CNY 82,947,662,938 at the end of 2024[17]. - The company reported a decrease in total liabilities to CNY 38,006,961,054 from CNY 38,523,127,034, a reduction of 1.3%[17]. - The company's cash and cash equivalents increased to CNY 7,870,284,462 from CNY 5,974,129,777, representing a growth of 31.7%[16]. - Accounts receivable rose to CNY 18,095,848,147, a 28.7% increase from CNY 14,062,653,396 as of December 31, 2024[16]. - The company’s inventory increased to CNY 2,584,923,102, up 12.6% from CNY 2,296,494,268[16]. - The company’s short-term borrowings remained stable at CNY 2,512,370,000, slightly down from CNY 2,515,940,000[17]. Cash Flow - The net cash flow from operating activities was a negative RMB 2,288.2 million, compared to a negative RMB 835.0 million in the same period last year, primarily due to sales and service receipts not reaching the settlement period[5]. - Cash inflow from operating activities decreased to CNY 7,533,130,348 from CNY 8,590,381,976 year-over-year[21]. - Cash flow from sales of goods and services was CNY 7,473,927,999, down from CNY 8,562,987,965 year-over-year[21]. - Cash inflow from investment activities significantly increased to CNY 5,607,400,795 from CNY 3,230,193,901 year-over-year[21]. - Net cash flow from investment activities improved to CNY 4,348,899,049 from CNY -333,915,883 year-over-year[21]. - Total cash outflow from financing activities decreased to CNY 249,831,869 from CNY 922,579,343 year-over-year[21]. - Cash and cash equivalents at the end of the period rose to CNY 7,225,765,941 from CNY 3,881,974,138 year-over-year[22]. Operational Metrics - The number of drilling days increased to 4,889 days, up 11.4% from the previous year[12]. - The utilization rate for self-elevating drilling platforms improved to 91.2%, an increase of 11.0 percentage points year-on-year[13]. - The company's vessel service operations totaled 20,621 days, marking a significant increase of 44.9% year-on-year[14]. - The number of operational self-elevating drilling platforms was 3,833 days, with a year-on-year increase of 12.1%[12]. - The company reported a 31.0% increase in underwater cable operations, totaling 152 square kilometers[12]. Research and Development - Research and development expenses for Q1 2025 were CNY 264,372,602, down 21% from CNY 334,360,621 in Q1 2024[20]. - The company aims to enhance its core technology capabilities and promote the application of research results to support long-term growth[14]. Environmental Impact - The LNG-powered guard vessels operated for 1,065 days, contributing to a reduction of approximately 12,000 tons of carbon emissions annually[14]. Government Subsidies - The company received government subsidies amounting to RMB 8,874,300, which are closely related to its normal business operations[4]. - The company received government subsidies of CNY 2,648,217 in the first quarter of 2025[21].