年度報告 2024 目 錄 | 公司介紹 | 2 | 獨立核數師報告 | 69 | | --- | --- | --- | --- | | 財務概覽 | 5 | 綜合財務狀況表 | 74 | | 財務摘要 | 7 | 綜合損益表 | 76 | | 董事會主席報告 | 9 | 綜合損益及其他綜合收益表 | 77 | | 公司資料 | 11 | 綜合權益變動表 | 78 | | 管理層討論與分析 | 13 | 綜合現金流量表 | 80 | | 董事會報告 | 30 | 綜合財務報表附註 | 81 | | 董事與高級管理層履歷 | 48 | | | | 企業管治報告 | 50 | | | 公司介紹 安東油田服務集團（香港聯交所股票代號：3337）（「安東」或「本公司」，連同其附屬公司，合稱「本集團」），是全球領先 的、創新型的一體化油田技術服務公司。本集團業務遍佈全球主要的油氣產區，為客戶提供油氣開發全方位的產品和技術。 ( 於開曼群島註冊成立之有限公司 ) ( 股份代號 : 3337 ) 「油田管理服務」為優質的輕資產管理服務，本集團擁有強大的一體化服務能力，為全球油公司的油田資產提供一體化綜合 管理服務，包括綜 ...

格隆汇4月16日丨安东油田服务(03337.HK)公告，第一季度，全球油气市场在宏观经济环境、地缘政治 因素和供需动态变化的影响下，出现显著波动，但并未影响全球油气活跃开发局势；全球天然气需求持 续增长，亚洲新兴市场的需求尤为强劲。 季度内，集团围绕"建设领先的绿色能源技术服务全球化公司"的长期目标，聚焦油气资源的高效开发和 天然气资源的高效利用，提出四大"提效"解决方案，包括"油气田开发提效解决方案"、"天然气资源利 用提效解决方案"、"AI赋能油气开发解决方案"及"平台协作油气开发解决方案"，持续推进业务升级。 全球化业务持续拓展，各业务所在地项目作业高质平稳推进。 第一季度，集团新增订单人民币1,740.9百万元，较去年同期下降22.0%，其中，伊拉克市场新增订单约 人民币700.2百万元，较去年同期下降47.4%；其他海外市场新增订单约人民币325.2百万元，较去年同 期增长43.5%；中国市场新增订单约人民币715.5百万元，较去年同期增加6.0%。 海外市场，伊拉克，集团于一季度中标光纤监测、油田监督监理服务项目、修井、固井技术服务项目 等，业务发展势头良好，但由于集团于去年一季度末提前完成续签的 ...

Investment Rating - The report maintains a "Buy" rating for the company [4][5] Core Insights - The company achieved steady growth in 2024, with revenue of 4.75 billion RMB, a year-on-year increase of 7.2%, and a net profit of 240 million RMB, up 23.5% year-on-year [1] - The company continues to deepen its global market expansion, with stable revenue growth across major segments [2] - The overseas market, particularly Iraq, showed strong performance, contributing significantly to future growth [3] Revenue and Profitability - In 2024, the oilfield management services segment generated revenue of 1.85 billion RMB, a 14.2% increase year-on-year [2] - The oilfield technical services segment reported revenue of 2.13 billion RMB, up 5.2% year-on-year [2] - The company’s comprehensive gross margin was 29.5%, a slight decrease of 0.3 percentage points year-on-year, while the net profit margin increased by 0.4 percentage points to 5.4% [1] Market Performance - Domestic market revenue was 1.66 billion RMB, down 4.8% year-on-year, while overseas market revenue reached 3.09 billion RMB, a 15.0% increase [3] - The Iraq market alone generated 2.6 billion RMB in revenue, reflecting a 17.7% year-on-year growth due to increased capital investment from major clients [3] Order Growth - The company secured new orders worth 3.21 billion RMB in the domestic market, a 22.5% increase year-on-year, and 5.01 billion RMB in the Iraq market, a significant 97.3% increase [3] - Overall, the company’s robust order book supports its future growth trajectory [3] Financial Forecast - The report projects a 10.8% and 15.7% increase in net profit for 2025 and 2026, respectively, with estimates of 360 million RMB and 460 million RMB [4] - Earnings per share (EPS) are forecasted to be 0.12 RMB for 2025, 0.15 RMB for 2026, and 0.19 RMB for 2027 [4]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因依賴 該等內容而引致的任何損失承擔任何責任。 截至二零二四年十二月三十一日止年度 全年業績公佈 財務摘要 業績 安東油田服務集團（「本公司」）董事會（「董事會」）宣佈本公司及其附屬公司（合稱 「本集團」）截至二零二四年十二月三十一日止年度（下稱「二零二四年」或「報告期 內」）的經審核合併年度業績及二零二三年同期的比較數字如下。 1 • 本集團之綜合收入為人民幣約4,753.9百萬元，相比二零二三年的人民幣 4,434.8百萬元上升約7.2%。 • 本集團淨利潤為人民幣約257.5百萬元，相比二零二三年的人民幣220.6百萬 元增長約16.7%。 • 本集團權益持有人應佔利潤為人民幣約242.6百萬元，相比二零二三年的人 民幣196.5百萬元增長約23.5%。 • 本集團經營性現金淨流入為人民幣約1,325.1百萬元，相比二零二三年的人 民幣916.8百萬元增長約44.5%；自由現金流為人民幣約979.7百萬元，相比 二零二三年的人民幣499.5百萬元 ...

安東油田服務集團 Anton Oilfield Services Group ( 於開曼群島註冊成立之有限公司 ) ( 股份代號 : 3337 ) 2024 中期報告 ANTON 安東 23 (' CELLEN 目錄 公司資料 2 管理層討論與分析 4 其他數據 19 ANTON 簡明綜合財務報表的審閱報告 28 簡明綜合財務狀況表 29 簡明綜合損益表 31 簡明綜合損益及其他綜合收益表 32 簡明綜合權益變動表 33 簡明綜合現金流量表 35 簡明綜合財務報表附註 36 CELLEN ANTON 安東 公司資料 董事會 審核委員會 提名委員會 執行董事 羅林先生 皮至峰先生 范永洪先生 非執行董事 黃松先生 獨立非執行董事 張永一先生 朱小平先生 Wee Yiaw Hin先生 朱小平先生（主席） 張永一先生 Wee Yiaw Hin先生 薪酬委員會 Wee Yiaw Hin先生（主席） 朱小平先生 羅林先生 張永一先生（主席） Wee Yiaw Hin先生 羅林先生 ESG（「環境、社會及治理」）委員會 皮至峰先生（主席） 羅林先生 范永洪先生 授權代表 羅林先生 歐陽麗妮女士 公司秘書 歐陽麗妮女士 公 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部份內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 ANTON 安東 安 東 東 田 服 務 集 園 Anton Oilfield Services Group Anton Oilfield Services Group （※ ・ （ ・ （ ・ （ ・ （ ・ ・ （ ・ 有關二零二三年年度報告之 補充公告 茲提述安東油田服務集團（「本公司」，連同其附屬公司，合稱「本集團」）截至二零 二三年十二月三十一日止年度的年度報告（「二零二三年年度報告」）。除另有所指 外，本公告所用詞彙與二零二三年年度報告所用者具有相同涵義。 本公司謹就本公司於二零一九年十二月三十日採納的限制性股票激勵計劃（「計 劃」）提供補充資料，計劃中的獎勵股份通過信託購買現有股票建立。關於計劃的 細節，請參考二零二三年年度報告「董事會報告」章節「限制性股票激勵計劃」一 段。 除選定僱員就接納獎勵股份而須向本公司支付的接納費1.00港元外，截至目前為 止根據計劃授予選定僱員的獎勵股份乃無償 ...

2024 年 9 月 2 日 市场数据 总股本(亿股) 29.80 总市值(亿港元)： 15.50 一年最低/最高(港元)： 0.39-0.60 近 3 月换手率： 13.4% 公司盈利预测与估值简表 指标 2022 2023 2024E 2025E 2026E 营业收入（百万元人民币） 3,514.9 4,434.8 5,015.9 5,759.9 6,497.4 营业收入增长率 20.2% 26.2% 13.1% 14.8% 12.8% 净利润（百万元人民币） 293.8 196.5 252.9 326.0 393.7 净利润增长率 306.8% -33.1% 28.7% 28.9% 20.8% EPS（人民币，以最新股本计） 0.10 0.07 0.08 0.11 0.13 ROE（归属母公司)（摊薄） 9.5% 6.2% 7.4% 8.7% 9.5% P/E 4.9 7.3 5.7 4.4 3.6 P/B 0.5 0.4 0.4 0.4 0.3 资料来源：Wind，光大证券研究所预测，股价时间为 2024 年 8 月 30 日，汇率为 1 港币=0.924 人民币 公司研究 油服需求复苏带动业绩稳健增 ...

Revenue Growth - The company's consolidated revenue increased by 15.0% from RMB 1,892.4 million in the first half of 2023 to RMB 2,176.3 million in the same period of 2024[1] - Revenue for the six months ended June 30, 2024, totaled RMB 2,176,321 thousand, with the Oilfield Technology Services segment contributing RMB 981,560 thousand, Oilfield Management Services contributing RMB 900,617 thousand, Rig Services contributing RMB 125,867 thousand, and Inspection Business contributing RMB 168,277 thousand[13] - Revenue for the six months ended June 30, 2024, was RMB 2,176,321,000, up from RMB 1,892,437,000 in the same period in 2023[15] - Revenue from oilfield technical services for the six months ended June 30, 2024, was RMB 851,911,000, while oilfield management services generated RMB 900,617,000[22] - Revenue from external customers for oilfield technical services was RMB 851.911 million, oilfield management services was RMB 900.617 million, drilling services was RMB 125.867 million, and inspection business was RMB 168.277 million[23] - Total revenue from sales of goods and services for oilfield technical services was RMB 697.478 million, oilfield management services was RMB 751.039 million, drilling services was RMB 182.278 million, and inspection business was RMB 173.063 million[23] - Revenue for the first half of 2024 increased by 15.0% year-over-year to RMB 2,176.3 million, with overseas market revenue growing by 23.0% to RMB 1,511.1 million, accounting for 69.4% of total revenue[35][40] - The company's revenue in the Chinese market for the first half of 2024 was approximately RMB 665.2 million, a slight increase of 0.2% compared to RMB 663.6 million in the same period last year[45] - The company's oilfield management service revenue grew by 19.9% to RMB 900.6 million, accounting for 41.4% of the total revenue for the first half of 2024[46] - The company's oilfield technical service revenue increased by 24.9% to RMB 981.5 million, representing 45.1% of the total revenue for the first half of 2024[46] - The company's total revenue for the first half of 2024 was RMB 2,176.3 million, a 15.0% increase compared to RMB 1,892.4 million in the same period last year[47] - The company's oilfield management services revenue increased by 19.9% to RMB 900.6 million in the first half of 2024, compared to RMB 751.0 million in the same period last year[50] - Integrated oilfield management services revenue rose by 10.2% to RMB 546.8 million in the first half of 2024, up from RMB 496.1 million in the previous year[50] - Oilfield operation and maintenance services revenue surged by 38.8% to RMB 353.8 million in the first half of 2024, compared to RMB 254.9 million in the same period last year[50] - The oilfield technology services segment revenue grew by 24.9% to RMB 981.5 million in the first half of 2024, up from RMB 786.1 million in the previous year[51] - Revenue for the first half of 2024 was RMB 2,176.3 million, a 15.0% increase compared to RMB 1,892.4 million in the same period of 2023[59] Profitability - Net profit grew by 7.9% from RMB 103.4 million in the first half of 2023 to RMB 111.6 million in the same period of 2024[1] - Profit attributable to equity holders of the company rose by 8.2% from RMB 97.9 million in the first half of 2023 to RMB 105.9 million in the same period of 2024[1] - Gross profit margin improved from 29.6% in the first half of 2023 to 30.3% in the same period of 2024[4] - Net profit for the six months ended June 30, 2024, was RMB 111,563 thousand, after deducting unallocated corporate overhead expenses of RMB 203,574 thousand[13] - Operating profit increased by 10.2% year-over-year to RMB 306.2 million, while net profit rose by 7.9% to RMB 111.6 million[40] - Operating profit for the first half of 2024 was RMB 306.2 million, a 10.2% increase from RMB 277.9 million in the same period of 2023[64] - Net profit for the first half of 2024 was RMB 111.6 million, a 7.9% increase compared to RMB 103.4 million in the same period of 2023[66] Cash Flow and Financial Position - Operating cash inflow increased by RMB 4.5 million from RMB 341.2 million in the first half of 2023 to RMB 345.7 million in the same period of 2024[1] - Free cash flow grew by 15.1% from RMB 171.4 million in the first half of 2023 to RMB 197.2 million in the same period of 2024[1] - Total assets decreased from RMB 9,806.874 million as of December 31, 2023 to RMB 9,612.892 million as of June 30, 2024[2] - Cash and cash equivalents increased from RMB 1,585.886 million as of December 31, 2023 to RMB 1,773.682 million as of June 30, 2024[2] - Net cash generated from operating activities increased from RMB 341.171 million in the first half of 2023 to RMB 345.673 million in the same period of 2024[6] - Total assets as of June 30, 2024, were RMB 9,612,892,000, a slight decrease from RMB 9,806,874,000 as of December 31, 2023[14] - Trade receivables, net, as of June 30, 2024, were RMB 2,200,304,000, down from RMB 2,255,971,000 as of December 31, 2023[17] - Trade payables and notes payable as of June 30, 2024, totaled RMB 1,679,233,000, a decrease from RMB 1,819,924,000 as of December 31, 2023[21] - Non-current assets as of June 30, 2024, were RMB 2,488,628,000, slightly lower than RMB 2,575,680,000 as of December 31, 2023[15] - Capital expenditures for the six months ended June 30, 2024, were RMB 70,265,000, significantly lower than RMB 190,689,000 in the same period in 2023[14] - Trade receivables aged 1 to 6 months as of June 30, 2024, were RMB 1,503,021,000, down from RMB 1,752,215,000 as of December 31, 2023[18] - Impairment loss allowance for trade receivables as of June 30, 2024, was RMB 341,846,000, up from RMB 300,937,000 as of December 31, 2023[19] - Operating cash flow for the first half of 2024 was RMB 345.7 million, with free cash flow increasing by 15.1% year-over-year to RMB 197.2 million[38] - Accounts receivable turnover days decreased by 5 days to 184 days, while inventory turnover days dropped by 21 days to 107 days[40] - Cash and bank deposits as of June 30, 2024, were RMB 2,216.0 million, an increase of RMB 147.7 million from December 31, 2023[69] - Capital-to-debt ratio decreased by 1.8 percentage points to 53.9% as of June 30, 2024, compared to 55.7% at the end of 2023[69] - Operating cash flow for the six months ended June 30, 2024, was a net inflow of RMB 345.7 million, an increase of RMB 4.5 million compared to the same period in 2023[71] - Capital expenditures for the six months ended June 30, 2024, amounted to RMB 86.4 million, an increase of RMB 26.8 million compared to the same period in 2023[72] - The company's capital commitments as of June 30, 2024, were approximately RMB 48.3 million, with no significant contingent liabilities or guarantees[73] Segment Performance - The Oilfield Management Services segment showed the highest segment performance with RMB 219,002 thousand, followed by Oilfield Technology Services with RMB 57,757 thousand, Inspection Business with RMB 35,666 thousand, and Rig Services with RMB 2,712 thousand[13] - Depreciation and amortization expenses for the six months ended June 30, 2024, totaled RMB 166,752 thousand, with Oilfield Technology Services accounting for RMB 128,415 thousand, Rig Services for RMB 26,783 thousand, Inspection Business for RMB 6,961 thousand, and Oilfield Management Services for RMB 4,593 thousand[13] - Impairment losses on trade receivables (net of write-offs) for the six months ended June 30, 2024, amounted to RMB 32,515 thousand, with Oilfield Technology Services accounting for RMB 18,679 thousand, Oilfield Management Services for RMB 11,878 thousand, Rig Services for RMB 1,210 thousand, and Inspection Business for RMB 748 thousand[13] - Interest income for the six months ended June 30, 2024, was RMB 6,715 thousand, with Oilfield Technology Services contributing RMB 4,036 thousand, Inspection Business contributing RMB 1,310 thousand, Oilfield Management Services contributing RMB 939 thousand, and Rig Services contributing RMB 430 thousand[13] - Financial expenses for the six months ended June 30, 2024, totaled RMB 15,596 thousand, with Oilfield Technology Services accounting for RMB 9,236 thousand, Oilfield Management Services for RMB 3,372 thousand, Rig Services for RMB 2,421 thousand, and Inspection Business for RMB 567 thousand[13] - Income tax expenses for the six months ended June 30, 2024, amounted to RMB 116,668 thousand, with Oilfield Management Services accounting for RMB 62,225 thousand, Oilfield Technology Services for RMB 41,030 thousand, Inspection Business for RMB 7,977 thousand, and Rig Services for RMB 5,436 thousand[13] - The company's drilling rig service revenue declined by 30.9% to RMB 125.9 million, accounting for 5.8% of the total revenue for the first half of 2024[46] - The company's inspection service revenue decreased by 2.8% to RMB 168.3 million in the first half of 2024, compared to RMB 173.1 million in the same period last year[49] - The company's inspection service EBITDA decreased by 15.9% to RMB 50.9 million in the first half of 2024, with an EBITDA margin of 30.2%, down 4.8 percentage points from 35.0% in the same period last year[49] - Drilling technology services revenue increased by 35.8% to RMB 181.5 million in the first half of 2024, compared to RMB 133.7 million in the same period last year[51] - Completion technology services revenue rose by 58.5% to RMB 156.9 million in the first half of 2024, up from RMB 99.0 million in the previous year[51] - Production enhancement technology services revenue increased by 12.4% to RMB 508.5 million in the first half of 2024, compared to RMB 452.5 million in the same period last year[51] International Expansion and Market Performance - Two external customers contributed RMB 1,325,077,000, accounting for 39.30% and 21.59% of total revenue, primarily from oilfield technical services and management services[16] - Geographic revenue breakdown: China contributed RMB 360.101 million, Iraq contributed RMB 218.185 million, and other countries contributed RMB 119.192 million for oilfield technical services[24] - The company won the development rights for the Dhufriyah oil field in Iraq, marking a significant milestone in its international expansion[37] - The company's revenue from the Iraqi market grew by 25.4% year-over-year to RMB 1,241.1 million, accounting for 57.0% of total revenue[41] - Iraq market revenue in H1 2024 reached RMB 1,241.1 million, a 25.4% increase YoY[42] - Iraq market accounted for 57.0% of total revenue in H1 2024, up from 52.3% in H1 2023[42] - Total overseas revenue in H1 2024 was RMB 1,511.1 million, a 23.0% increase YoY[42] - New orders in Iraq market in H1 2024 reached RMB 2,834.5 million, a 113.4% increase YoY[43] - Other overseas markets revenue in H1 2024 was RMB 270.0 million, a 13.1% increase YoY[42] - New orders in other overseas markets in H1 2024 totaled RMB 396.0 million, an 18.6% increase YoY[44] - Company secured Dhufriyah oilfield development rights in Iraq with a 25-year development period[43] - Achieved over 2,100 days of zero lost time incidents in Iraq market as of June 30, 2024[43] - Successfully implemented over 4 million hours of zero lost time incidents in Chad market[44] - Launched first associated gas carbon reduction project in Indonesia market[44] Research and Development - The company's R&D investment increased by 13.9% to RMB 49.3 million in the first half of 2024, up from RMB 43.3 million in the previous year[55] - Research and development expenses for the first half of 2024 were RMB 49.3 million, a 13.9% increase from RMB 43.3 million in the same period of 2023[62] ESG and Sustainability - The company was recognized in the "Sustainable Development Yearbook (China Edition) 2024" and the "China Excellence in Management Companies" list, highlighting its ESG achievements[39] Strategic Initiatives and Future Plans - The company successfully launched a large-scale AI platform for the oil and gas industry, named "Oil and Gas GPT Cloud Platform," accelerating digital and intelligent transformation[37] - The company's AI technology application reduced data processing time by 25%, improved decision accuracy by 15-20%, increased overall oilfield development volume by 8%, enhanced old well production by 8%, and reduced new well drilling time by approximately 5%[45] - The company plans to expand into new markets and strengthen sales strategies, focusing on digital sales platforms and innovative projects[57] - The company will continue to advance AI transformation and digital platform globalization to enhance operational efficiency and drive business growth[57] Financial Instruments and Shareholder Returns - The company repurchased a total of USD 38.2 million of 2025 bonds with a coupon rate of 8.75% in the secondary market during the six months ended June 30, 2024[76] - The company's restricted stock incentive plan trustee purchased a total of 31,984,000 shares, representing 1.1% of the company's total issued shares as of the announcement date[76] - The company declared and paid a final dividend of RMB 0.013 per share for the year ended December 31, 2023, totaling RMB 39.018 million[34] Operational Efficiency - Accounts receivable turnover days decreased by 5 days to 184 days in the first half of 2024 compared to the same period in 2023[67] - The company achieved a 2.43x breakthrough in production targets for the geological engineering integration project in the North China market, receiving cash rewards from the client[45]

報 77 本集團的業務分部為「檢測服務」、「油田管理服務」、「油田技術服務」和「鑽機服務」四個板塊，四個分部業務簡單介紹如 下： 油田管理服務集群 油田運維服務主要從事油氣田地面設備設施及配套公用設備設施的工程承包、調試、操作運行及維護維修管理。本集團以 標準化的團隊管理、國際化的服務團隊、高標準的QHSE要求、專業的技術服務，致力於提供安全、經濟、高效和優質的 井站一體化管理服務，地面設施操作運行管理服務、預防性維護及檢維修管理服務。 3 安東油田服務集團 年度報告 2023 增產技術服務通過地質工程相結合，提供以非常規油氣藏增產為特色的一系列解決方案，擁有成熟的油氣田增產技術設計 和服務、充足的泵注設備資源和完善的試修裝備配套。 安東油田服務集團 年度報告 2023 4 5 安東油田服務集團 年度報告 2023 安東油田服務集團 年度報告 2023 6 國內 42.5% 海外 二零二二年 57.5% 收入按產業集群劃分 尊敬的股東、朋友們： 業務方面，我們在年內持續推動業務的升級轉型，其中，以油田管理、資產租賃、檢測、數字化服務為主的創新業務實現 了37.4%的快速增長，創新業務的收入佔比也已經超過了51 ...

Investment Rating - The report maintains a "Buy" rating for Anton Oilfield Services (3337 HK) [4][16] Core Views - Anton Oilfield Services achieved robust growth in 2023 with revenue of RMB 4 43 billion, up 26 2% YoY, and adjusted net profit growth of 18 5% YoY [1] - The company's overseas markets, particularly Iraq, showed strong performance, with Iraq market revenue surging 43 9% YoY to RMB 2 21 billion [3] - Anton Oilfield Services is expected to maintain steady growth, with projected EPS of RMB 0 10, 0 13, and 0 16 for 2024, 2025, and 2026 respectively [4][16] Financial Performance - In 2023, the company's gross margin improved by 1 4 percentage points to 29 8%, while net margin declined by 3 5 percentage points to 5 0% [1] - The company proposed a dividend of RMB 0 013 per share, representing a payout ratio of 20% [1] - Revenue from domestic market grew 16 9% YoY to RMB 1 75 billion, driven by light-asset technical services [3] Business Segments - Inspection services revenue increased 38 7% YoY to RMB 450 million, with breakthroughs in international markets along the Belt and Road [2] - Oilfield management services revenue surged 41 5% YoY to RMB 1 62 billion, with successful operations in Iraq and Chad [2] - Oilfield technical services revenue grew 26 8% YoY to RMB 2 02 billion, supported by business model transformation [2] Market Performance - The company's total market capitalization stood at HKD 1 29 billion, with a 3-month turnover rate of 6 1% [4] - Over the past year, the stock showed a relative return of 25 2% and an absolute return of 7 5% [5] Future Outlook - The company is expected to achieve revenue growth of 17 7%, 15 8%, and 13 1% in 2024, 2025, and 2026 respectively [16] - Net profit is projected to grow at a CAGR of 24 1% from 2024 to 2026, reaching RMB 471 million in 2026 [16] - ROE is forecasted to improve from 6 2% in 2023 to 10 9% in 2026 [16]