Financial Performance - The company's operating revenue for Q1 2024 reached RMB 10,148 million, representing a 20.0% increase compared to the same period last year[7]. - Net profit attributable to shareholders was RMB 635.5 million, a significant increase of 57.3% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 655.7 million, up 69.5% from the previous year[7]. - The basic and diluted earnings per share were both RMB 0.13, reflecting a 62.5% increase compared to the same period last year[10]. - The total profit for the same period was RMB 940.1 million, with a year-on-year growth of 47.8%[17]. - Net profit for Q1 2024 was RMB 690.6 million, reflecting a year-on-year increase of 51.3%[17]. - Total revenue for Q1 2024 reached ¥10,147,976,009, an increase of 19.9% compared to ¥8,456,256,979 in Q1 2023[29]. - Operating profit for Q1 2024 was ¥1,001,144,665, up 52% from ¥659,384,434 in Q1 2023[30]. - Net profit for Q1 2024 was ¥690,643,205, representing a 51.3% increase from ¥456,372,992 in Q1 2023[30]. - Basic earnings per share for Q1 2024 were ¥0.1332, compared to ¥0.0847 in Q1 2023[30]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 82,463.1 million, a decrease of 0.9% from the end of the previous year[8]. - Total assets as of March 31, 2024, were ¥82,463,076,897, a decrease from ¥83,245,834,646 as of December 31, 2023[26]. - Total liabilities decreased to ¥39,465,403,138 from ¥40,989,728,253 in the previous quarter[26]. - The company reported a decrease in total current liabilities to ¥22,016,202,576 from ¥23,364,629,211 in the previous quarter[26]. - The company maintained a stable long-term debt level with long-term borrowings at ¥2,803,379,925, slightly down from ¥2,806,392,004[26]. Cash Flow - The net cash flow from operating activities was a negative RMB 835.0 million, compared to a negative RMB 96.2 million in the same period last year[9]. - In Q1 2024, the cash inflow from operating activities was CNY 8,590,381,976, an increase of 10.7% compared to CNY 7,752,592,846 in Q1 2023[33]. - The net cash flow from operating activities was negative CNY 834,951,230, worsening from negative CNY 96,217,098 in the same period last year[33]. - Cash inflow from investment activities totaled CNY 3,230,193,901, significantly up from CNY 1,038,468,095 in Q1 2023[33]. - The net cash flow from investment activities was negative CNY 333,915,883, compared to negative CNY 15,050,075 in Q1 2023[33]. - Cash outflow from financing activities was CNY 922,579,343, increasing from CNY 288,821,134 in the previous year[33]. - The ending cash and cash equivalents balance was CNY 3,881,974,138, up from CNY 3,162,511,233 in Q1 2023[33]. - Cash and cash equivalents amounted to ¥4,444,148,454, down from ¥6,539,076,538 at the end of 2023[25]. Shareholder Information - The company reported a total of 43,435 common shareholders at the end of the reporting period[12]. - The largest shareholder, China National Offshore Oil Corporation, holds 50.53% of the shares[12]. Operational Metrics - The number of drilling service operation days was 4,388, a decrease of 1.7% compared to the previous year[18]. - The utilization rate for self-elevating drilling platforms was 84.3%, down 3.9 percentage points year-on-year[18]. - The company operated 172 vessels in its marine services segment, with a total of 14,227 operation days, an increase of 3.9% year-on-year[21]. - The three-dimensional seismic acquisition increased to 6,696 square kilometers, a significant rise of 502.7% year-on-year[20]. Innovation and Sustainability - The company is actively enhancing its core competitiveness and expanding its global market presence, contributing to the increase in revenue and profit[9]. - The company is focusing on enhancing its technological innovation capabilities and has seen growth in its oilfield technology services[21]. - The overall revenue scale for oilfield technology services continues to show an upward trend[21]. - The company expects its LNG-powered guard vessels to reduce carbon emissions by 12,000 tons annually[21]. Research and Development - Research and development expenses increased to ¥334,360,621 in Q1 2024, compared to ¥235,932,638 in Q1 2023, reflecting a focus on innovation[29]. Accounting Standards - The company did not apply new accounting standards for the first quarter of 2024[34].

证券代码：601808 证券简称：中海油服 公告编号：临 2024-016 中海油田服务股份有限公司 关于为全资子公司提供担保的公告 特别提示 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： 本次为 COSL Drilling Brasil Ltda.提供的履约担保金额在年度 履约担保额度内。截至本公告发布日，本公司及控股子公司提供的对外 担保总额约为人民币 397.8 亿元，占本公司最近一期经审计净资产的比 例约为 94.1%。 一、担保情况概述 为支持本公司境外全资子公司COSL Drilling Brasil Ltda.与巴西客户签 订钻井平台钻井、修井作业项目中的服务合同，2024年3月22日，本公司为其提 1 被担保人名称：中海油田服务股份有限公司（以下简称"公司"或"本 公司"）的全资子公司：COSL Drilling Brasil Ltda. 本次担保金额及对外担保总额： 本次担保是否有反担保: 无反担保 对外担保逾期的累计数量：无逾期对外担保 特别风险提示：截至本报告披露日，公司及公司控股子公司 ...

智通财经APP获悉，石油股震荡走高，截至发稿，中海油(00883)涨2.83%，报18.92港元；中石油(00857) 涨2.32%，报7.49港元；中海油服(02883)涨2.09%，报9.29港元。 消息面上，布伦特原油站上90美元/桶大关，日内涨3.42%。WTI原油站上85美元/桶，日内涨3.88%。据 报道，一名美国官员证实，以色列导弹击中了伊朗境内一处地点。此前报道显示伊朗中部的伊斯法罕、 叙利亚南部的苏韦达省，以及伊拉克的巴格达地区和巴比伦省都传出了爆炸声。 宝城期货此前指出，今年二季度，地缘衍生风险持续扩散所带来的原油溢价增强依然是驱动油价重心上 行的主要逻辑。与此同时，原油供应端继续维持偏紧格局。此外，二季度原油需求回暖，炼厂春检结束 并陆续重启，消费能力增强将提振原油库存去化节奏。二季度全球原油供需缺口料扩大。 ...

Investment Rating - The report assigns a "Buy" rating for CNOOC Services (601808.SH) [2][4]. Core Insights - The oil service industry is experiencing a recovery, driven by increased upstream exploration and development spending, leading to significant performance improvements for the company [2][3]. - The company is positioned to benefit from high oil prices and energy security initiatives, with a focus on enhancing its integrated service offerings across the oilfield lifecycle [3][4]. - The company has made strides in international expansion, achieving a 50.9% year-on-year increase in overseas revenue, with new contracts contributing to growth [3][4]. Summary by Relevant Sections Company Overview - CNOOC Services is the largest offshore oilfield service provider in China, with a comprehensive service chain covering exploration, development, and production stages [11][12]. - The company operates a significant fleet of drilling platforms, including 36 self-elevating and 12 semi-submersible rigs, providing a wide range of drilling and support services [12][38]. Financial Performance - In 2023, the company reported revenues of 441.09 billion yuan, a year-on-year increase of 23.7%, with net profit rising by 28% to 30.13 billion yuan [18][22]. - The revenue breakdown shows that oilfield technology services and drilling services are the primary sources of income, with respective growth rates of 31% and 17% [18][22]. Market Trends - The global oil service industry is benefiting from rising oil prices, which are expected to remain high due to ongoing demand and geopolitical factors [24][26]. - The report anticipates that global upstream exploration and development capital expenditures will exceed $600 billion in 2024, marking a 5.7% increase from 2023 [28][31]. Drilling Operations - The company has seen a recovery in drilling operations, with a 6.0% increase in operating days for drilling platforms in 2023, totaling 17,726 days [40][44]. - Daily rates for semi-submersible and self-elevating platforms have increased significantly, with respective rates of $133,000 and $74,000, reflecting a year-on-year growth of 16.7% and 7.2% [40][44]. Future Outlook - The company is expected to continue benefiting from high oil prices and increased capital expenditures in the oil and gas sector, with projected revenues of 488.86 billion yuan in 2024, growing to 640.8 billion yuan by 2026 [4][28]. - The company aims to enhance its international presence and capitalize on new contracts, despite facing short-term challenges in specific regions [3][4].

- - ⴲⵤㅣ⌈ 篤行 致遠 公司介绍 公司概览 中海油田服务股份有限公司（以下简称「公司」，「集团」或「中海油服」）在香港联合交易所（香港股票代码 ： 2883）和上海证券交易所（上海股票代码 ：601808）上市，是全球最具规模的综合型油田服务供应商之一，服务 贯穿石油及天然气勘探、开发及生产的各个阶段。 业务表现 2023年，中海油服通过四大板块（钻井服务、油田技术服 务、船舶服务、物探采集和工程勘察服务）的业务向客户提 供在石油及天然气勘探、开发与生产的各个阶段所需的单一 业务作业服务、捆绑服务、一体化服务及总承包作业服务。 此外，公司在社会和环境等更广泛的营运层面的表现达到了 公司预期目标（详细信息请参见财务报告和环境、社会及管 治(ESG)报告部分）。 前景展望 我们在中国市场份额稳固 ；在亚太、中东、美洲、欧 洲、非洲等地区积极开拓海外市场，为持续拓展业务提 供了强大的平台。 我们遇到的挑战和风险因地而异，其中不少是油田服务 行业的性质使然，包括不明朗的政治和法制环境、深水 及海外运营带来的风险。公司在油田服务方面具有多年 经验，凭借对中国市场的充分掌握，以及严谨的风险管 理方针，中海油服有信心 ...

Financial Performance - Total revenue for 2023 was RMB 44,042.2 million, representing a 23.7% increase from RMB 35,610.1 million in 2022[7] - Operating profit for 2023 reached RMB 4,855.2 million, a significant increase of 78.3% compared to RMB 2,723.4 million in 2022[9] - Annual profit for 2023 was RMB 3,282.6 million, reflecting a 31.3% growth from RMB 2,499.2 million in the previous year[9] - Basic earnings per share for 2023 were RMB 63.15, up 27.8% from RMB 49.43 in 2022[9] - The net profit for 2023 was RMB 3,282.6 million, up RMB 783.4 million, reflecting a year-on-year increase of 31.3%[26] - The total operating revenue of RMB 44,042.2 million in 2023, an increase of RMB 8,432.1 million, representing a growth of 23.7% year-on-year[26] - The drilling services segment generated revenue of RMB 12,051.2 million in 2023, a 16.6% increase from RMB 10,334.1 million in 2022[28] - The oilfield technical services segment reported revenue of RMB 25,717.5 million in 2023, a significant increase of 31.4% from RMB 19,571.2 million in 2022[35] - The international market contributed RMB 9,470.3 million to total revenue, representing a 50.9% increase from RMB 6,274.5 million in the previous year, accounting for 21.5% of total revenue[54] Asset and Liability Management - Total assets as of the end of 2023 amounted to RMB 83,245.8 million, a 7.9% increase from RMB 77,160.7 million in 2022[10] - The total liabilities increased by 10.2% to RMB 40,989.7 million from RMB 37,184.8 million in 2022[72] - The company reported a significant increase in contract liabilities (current liabilities) to RMB 1,207.4 million, up 58.9% from the previous year, driven by increased mobilization revenue and advance payments for equipment sales[76] - The company’s long-term debt (current liabilities) decreased by 83.9% to RMB 140.7 million, primarily due to bond repayments[75] Operational Efficiency - The company implemented a structural and systematic cost reduction mechanism, enhancing its cost control capabilities and operational efficiency across the entire service lifecycle[23] - The total operating expenses for the group were RMB 39,496.7 million in 2023, an increase of RMB 6,267.8 million or 18.9% year-on-year[58] - Subcontracting expenses rose significantly by RMB 3,256.2 million or 39.9%, reflecting increased operational and personnel outsourcing costs[60] - The drilling services segment saw a significant turnaround with an operating profit of RMB 739.7 million, up 216.4% from a loss of RMB 635.5 million in 2022[64] Market Expansion and Strategy - The company is actively expanding its international business across regions including Asia-Pacific, Middle East, Americas, Europe, and Africa, with significant growth in new markets and clients[6] - The strategic goal is to become a world-class energy service company with a focus on technology-driven, cost-effective, integrated, and international development[2] - The company established a "1+2+N" market layout, enhancing its international and regional development strategies, with a focus on high-end technology and integrated services in various regions including the Middle East and Southeast Asia[20][21] - The company aims to enhance its core functions and competitiveness in 2024, focusing on building a modern industrial system that is autonomous, secure, and competitive[24] Technological Innovation - The company continues to prioritize technological innovation, with a focus on transforming key variables into substantial growth for high-quality development[14] - By the end of 2023, the company had obtained over 1,300 authorized patents and received more than 20 national and provincial-level scientific and technological awards, with several core technologies achieving world-class standards[22] - The company successfully completed over 1,700 well operations using its independently developed "Xuanji" high-end drilling technology, achieving a success rate of 95.11%[36] - The company’s self-developed multi-functional ultrasonic imaging logging instrument (MUIL) has achieved large-scale sales, enhancing global recognition and expanding market share[37] Environmental and Social Responsibility - The company is committed to green and low-carbon transformation, with the world's largest LNG-powered fleet fully operational and a clear path for "green equipment + green technology + green products + green operations"[15] - The company’s LNG-powered vessels are expected to reduce carbon dioxide emissions by over 10,000 tons annually, contributing to its green transformation strategy[38] - The carbon emissions per unit of output decreased to 0.4132 tons per ¥10,000 in 2023, down from 0.4471 tons in 2022[148] - Environmental investment increased to ¥9,780.49 million in 2023, compared to ¥5,185.00 million in 2022[150] Corporate Governance - The company has been recognized as a leading enterprise in corporate governance, enhancing its operational efficiency and risk management capabilities[16] - The company has adhered to the corporate governance principles and rules as per the Hong Kong Stock Exchange Listing Rules and has made improvements in governance practices during 2023[85] - The board has focused on enhancing risk assessment for investment projects and has implemented measures to strengthen overseas project management and risk identification[86] - The company has established a governance mechanism that enhances decision-making efficiency and ensures compliance with shareholder resolutions[165] Employee Engagement and Development - The total number of employees trained increased to 2,824,384 hours in 2023, up from 1,953,215 hours in 2022[146] - The employee turnover rate for Chinese nationals was 0.8% in 2023, down from 1.1% in 2022[147] - The company has implemented training programs for directors and senior management to enhance their professional development[106] - The company has established a dual-week warning case mechanism and a regular risk assessment mechanism to enhance its integrity culture[162] Risk Management - The company has established a comprehensive risk management framework, including a risk management committee and a set of guidelines for major operational risk events[177] - The company has implemented a three-line defense mechanism for risk management, integrating it into daily operations to ensure effective risk control[180] - The risk management office conducts quarterly risk assessment meetings to monitor information security risks and ESG-related risks[98] - The company has established a risk pre-warning monitoring mechanism, conducting annual and quarterly risk assessment meetings to report to the board[179]

特别提示 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： 本公司拟于 2024 年 4 月 25 日 收 市 后 在 上 海 证 券 交 易 所 网 站 （http://www.sse.com.cn）发布本公司 2024 年第一季度报告。为了便于广大投资者 更全面深入地了解本公司 2024 年第一季度业绩和经营情况，本公司拟于 2024 年 4 月 25 日 17:30-18:30 召开业绩说明会，就投资者普遍关心的问题进行交流。 一、业绩说明会类型 本次业绩说明会通过电话会议方式召开，本公司将针对 2024 年第一季度业绩和 经营情况与投资者进行交流，并对投资者普遍关注的问题进行回答。 1 证券代码：601808 证券简称：中海油服 公告编号：临2024-015 中海油田服务股份有限公司 关于召开 2024 年第一季度业绩说明会的公告 三、参加人员 公司管理层。 四、投资者参加方式 （一）如投资者参加会议，请联系 cosl@wsfg.hk 或致电（852）3977 1830、 （021）6330 9198 获 ...

1 （股份代號：2883） ...

[Table_MainInfo] 公司研究/石油天然气/能源设备与服务 证券研究报告 中海油服（601808）公司年报点评 2024年03月27日 2023 年盈利稳定增长，4Q23 单季收入创 新高 [Table_Summary] 投资要点：  2023年盈利稳定增长，4Q23单季收入创新高。2023年，中海油服实现营业收 入441.09亿元，同比+23.7%；实现归母净利润30.13亿元，同比+27.8%。其中， 4Q23实现营业收入146.01亿元，同比+27.9%，环比+37.3%，单季度收入创新 高；实现归母净利润 7.40 亿元，同比+154.3%，为 2015 年以来四季度单季最 好水平。  海外市场收入、毛利率改善明显。2023年，公司整体毛利率15.9%，同比提高 3.6个百分点。其中，国际市场实现收入收入94.70亿元（占总收入比重21.5%）， 同比+50.9%；毛利率9.1%，同比增加12.0个百分点。  钻井服务：工作量增长、日费率提升。2023年，公司钻井平台作业天数为17726 天，同比增加999天（+6.0%）；平均日收入8.7万美元/天，同比+11.5%。2023 年， ...

Investment Rating - The report gives a "Strong Buy" rating for CNOOC Services (601808.SH) [6] Core Views - CNOOC Services reported a revenue of RMB 44.109 billion in 2023, a year-on-year increase of 23.7%, and a net profit attributable to shareholders of RMB 3.013 billion, up 27.75% year-on-year [1][2] - The drilling services segment is recovering due to increased upstream capital expenditures, with a projected increase in performance [1][2] - The oilfield technical services segment, which accounted for 58.4% of total revenue in 2023, saw a revenue increase of RMB 25.6 billion, a growth of 31.4% year-on-year [1][2] Summary by Sections Drilling Services - The drilling services segment is experiencing recovery driven by upstream capital expenditures, with a significant increase in operational days to 17,726, up 6.0% year-on-year [1] - Revenue from drilling services reached RMB 12.07 billion, reflecting a growth of 16.6% [1][2] Oilfield Technical Services - This segment is the largest revenue contributor, achieving RMB 25.76 billion in 2023, an increase of RMB 6.16 billion year-on-year [1][2] - The company has made significant investments in technology R&D, leading to innovations recognized in the industry [1] Ship Services and Geophysical Exploration - Ship services generated RMB 3.94 billion in revenue, a 5.9% increase from RMB 3.73 billion in 2022 [2] - Geophysical exploration and engineering services reported revenue of RMB 2.34 billion, up 17.7% from RMB 1.99 billion in 2022 [2] Profitability - The company's net profit for 2023 was RMB 3.28 billion, a year-on-year increase of 31.35% [2] - The return on equity (ROE) improved to 7.2%, up 21.0% year-on-year, with a gross margin of 16.0%, reflecting a 29.4% increase [2] Financial Forecast - The forecast for net profit attributable to shareholders for 2024-2026 is RMB 3.89 billion, RMB 4.61 billion, and RMB 5.56 billion respectively [2][7]