恒泰艾普石油天然气技术服务股份有限公司 2014 年第三季度报告全文 证券代码：300157 证券简称：恒泰艾普 公告编号：2014-084 恒泰艾普石油天然气技术服务股份有限公司 2014 年第三季度报告 本公司董事会、监事会及其董事、监事、高级管理人员保证本报告所载资料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个别及连带责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人汤承锋、主管会计工作负责人罗雪及会计机构负责人(会计主管人员)刘金和声明：保证季 度报告中财务报告的真实、完整。 2014 年 10 月 1 恒泰艾普石油天然气技术服务股份有限公司 2014 年第三季度报告全文 释义 | 释义项 | 指 | 释义内容 | | --- | --- | --- | | 本公司/公司/恒泰艾普 | 指 | 恒泰艾普石油天然气技术服务股份有限公司 | | 恒泰双狐 | 指 | 保定恒泰艾普双狐软件技术有限公司，系公司原控股子公司 | | 金双狐 | 指 | 北京金双狐油气技术有限公司，系恒泰双狐的控股子公司 | | EPT USA | 指 | Energy P ...

Financial Performance - Total operating revenue for the reporting period reached ¥366,856,180.31, representing a 35.21% increase compared to ¥271,328,292.23 in the same period last year[18]. - Net profit attributable to shareholders of the listed company was ¥86,366,618.25, up 36.29% from ¥63,367,471.56 year-on-year[18]. - The net cash flow from operating activities improved to ¥8,536,312.15, a significant recovery from a negative cash flow of ¥11,928,880.93 in the previous year, marking a 171.56% change[18]. - Operating profit for the same period was 110.76 million yuan, up 36.07% compared to the previous year[35]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the first half of 2014, representing a 15% year-over-year growth[116]. - The company reported a net profit margin of 12% for the first half of 2014, up from 10% in the same period last year[116]. - The total comprehensive income for the first half of 2014 was CNY 98,635,361.51, compared to CNY 73,288,560.72 in the same period last year, marking an increase of 34.7%[163]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,844,270,112.84, a slight decrease of 0.72% from ¥2,864,845,041.89 at the end of the previous year[18]. - The total amount of accounts receivable rose by 31.44% to ¥11,974,000.00, mainly due to unsettled bills from certain clients[40]. - Total liabilities increased to RMB 243,550,302.87 from RMB 234,580,424.32, marking an increase of about 3.5%[150]. - Current assets decreased to RMB 709,405,543.61 from RMB 840,218,051.93, representing a decline of approximately 15.6%[145]. - The total owner's equity at the end of the current period is RMB 2,251,961,206.87, a decrease of RMB 1,848,097.50 compared to the previous period[174]. Equity and Share Capital - The equity attributable to shareholders of the listed company increased by 3.24% to ¥2,235,387,532.02 from ¥2,165,324,226.42 at the end of the previous year[18]. - The total share capital increased from 398,468,518 shares to 597,702,777 shares following a capital reserve distribution plan, with a ratio of 1:0.5 for every 10 shares held[126]. - The registered capital was increased to RMB 597,702,777.00 after a capital reserve conversion on August 7, 2014[188]. - The company has a total of RMB 429,374,870.09 in undistributed profits, which can be utilized for future investments or dividends[179]. Operational Strategies and Market Expansion - The company is actively expanding its international market presence, particularly in engineering technical services, which has become a new growth point[37]. - The company aims to enhance its integrated oilfield service capabilities and expand into international markets as part of its strategic direction[57]. - The company plans to continue leveraging its technological and product advantages to meet the growing demand for comprehensive services in the international oil market[58]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by the end of 2015[116]. - A strategic acquisition is in progress, with the company aiming to acquire a competitor for approximately 300 million RMB to enhance its service capabilities[116]. Research and Development - Research and development investment decreased by 24.76% to ¥22,226,327.27 from ¥29,540,101.27, indicating a shift in focus or resource allocation[39]. - New product development efforts are underway, with an investment of 200 million RMB allocated for R&D in advanced oil and gas technologies[116]. - The R&D team has been expanded, and a new "Oil and Gas Development Software Department" has been established to support major international projects[38]. Compliance and Governance - The company emphasizes compliance with the Company Law and its articles of association in all related transactions[118]. - The company has committed to maintain the lock-up period for shares obtained in the acquisition of New Saipu for 36 months from the issuance date[112]. - The company has established measures to minimize related party transactions and ensure they are conducted at market rates[118]. Cash Flow and Financial Health - The net cash flow from operating activities was -4,802,287.06 RMB, an improvement from -8,202,791.56 RMB in the previous period, indicating a reduction in cash outflow[165]. - Cash inflow from operating activities totaled 147,188,202.61 RMB, significantly up from 66,451,738.18 RMB in the prior period, reflecting a 121% increase[165]. - The total cash and cash equivalents at the end of the period decreased to 203,731,353.93 RMB from 401,586,460.13 RMB, a decline of 49.3%[167]. Commitments and Future Outlook - The company has commitments from key individuals to avoid any competition with its subsidiaries, ensuring long-term stable development[117]. - Future guidance includes a focus on sustainable practices, with a goal to reduce carbon emissions by 15% over the next three years[116]. - The company plans to distribute a cash dividend of RMB 0.40 per 10 shares, with a total share capital increase from 398,468,518 shares to 597,702,777 shares after the distribution[88].

Financial Performance - Total revenue for Q1 2014 reached ¥121,687,378.48, an increase of 49.11% compared to ¥81,608,544.57 in the same period last year[10] - Net profit attributable to ordinary shareholders was ¥17,895,030.12, reflecting a growth of 19.46% from ¥14,980,013.39 year-on-year[10] - Operating revenue increased by 49.11% compared to the same period last year, mainly due to an expanded sales scale and increased consolidation scope[35] - The company achieved operating revenue of 121.69 million RMB, a year-on-year increase of 49.11%[47] - The net profit attributable to ordinary shareholders was 17.90 million RMB, reflecting a year-on-year growth of 19.46%[47] - The company reported a total comprehensive income of CNY 20,616,273.90 for Q1 2014, compared to CNY 19,419,988.42 in Q1 2013[86] - Operating profit for Q1 2014 was CNY 22,532,671.46, an increase of 12.1% from CNY 20,107,803.47 in the same quarter last year[86] Cash Flow and Liquidity - The net cash flow from operating activities was ¥26,223,705.73, a significant improvement from a negative cash flow of ¥38,578,335.08 in the previous year, marking a change of -167.98%[10] - Cash received from sales of goods and services increased by 58.86% compared to the same period last year, mainly due to an expanded consolidation scope and improved collection of receivables[43] - Cash paid for purchasing goods and services decreased by 30.56% year-on-year, primarily due to unsettled payments for raw materials by subsidiaries[44] - Cash inflow from the disposal of fixed assets increased by 145.50% year-on-year, attributed to increased disposals by the parent company[44] - Cash outflow for debt repayment surged by 250% compared to the previous year, mainly due to bank loan repayments by subsidiaries[45] - The ending cash and cash equivalents balance decreased to ¥535,429,367.80 from ¥696,603,993.35, a decline of approximately 23.1%[93] - The company reported a net decrease in cash and cash equivalents of -¥16,052,319.64 for the current period, compared to -¥62,003,805.34 in the previous period[93] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥2,908,718,686.72, up 1.53% from ¥2,864,845,041.89 at the end of the previous year[10] - Total current assets increased to CNY 1,342,405,726.15 from CNY 1,304,374,594.22, reflecting a growth of approximately 2.5%[78] - Total liabilities increased to CNY 608,548,136.98 from CNY 585,357,530.37, marking an increase of about 4.0%[80] - The company's total assets reached CNY 2,908,718,686.72, up from CNY 2,864,845,041.89, indicating a growth of approximately 1.5%[80] Operational Efficiency and Strategy - The company is focusing on expanding its international market presence, particularly in politically and economically stable regions, to mitigate risks from local unrest[12] - The company has completed several acquisitions, including those of Langfang New Saipu and Bodary Heng, which are expected to enhance operational scale and management efficiency[16] - The company plans to implement a "3 3 3 4" system engineering strategy to achieve rapid development and enhance sales and profit growth over the next three to five years[51] - The company aims to strengthen operational efficiency and capital management while exploring new business models and strategic partnerships with foreign oil companies[51] Risk Management - The company is actively managing risks related to accounts receivable, ensuring timely collection to maintain cash flow stability[18] - The company emphasizes the importance of retaining high-quality technical talent to support its growth in the energy exploration and development sector[13] Commitments and Compliance - The company has committed to maintaining a transparent and fair approach in all its dealings to protect shareholder interests[57] - The company has established a compensation responsibility in case of any losses due to violations of commitments by the involved parties[57] - The company has committed to a net profit of RMB 32.94 million, RMB 43.22 million, and RMB 46.14 million for the years 2013, 2014, and 2015 after deducting non-recurring gains and losses[59] - The company has established measures to minimize related party transactions, ensuring transparency and adherence to legal procedures[61] Investment and Capital Management - The total amount of funds raised this quarter is 118,351.95 million, with a cumulative investment of 105,197.04 million[65] - The company has invested 7,323.3 million in oil and gas exploration and development technology, achieving an investment progress of 84.04%[65] - The company plans to issue corporate bonds not exceeding RMB 600 million, with approval received from the China Securities Regulatory Commission[72] - The company proposed a cash dividend of RMB 0.4 per 10 shares and a capital reserve conversion of 5 shares for every 10 shares held, increasing total shares from 398,468,518 to 597,702,777[73]

Financial Performance - The company reported a total revenue of 1.2 billion RMB for the year 2013, representing a year-on-year increase of 15%[18]. - The net profit attributable to shareholders was 150 million RMB, an increase of 20% compared to the previous year[18]. - The company's operating revenue for 2013 was ¥583,294,729.24, representing a year-over-year increase of 30.73% compared to ¥446,190,668.24 in 2012[19]. - The net profit attributable to shareholders for 2013 was ¥131,352,796.52, which is a 25.59% increase from ¥104,586,990.22 in 2012[19]. - The gross margin for 2013 was reported at 35%, reflecting improved operational efficiency[18]. - The weighted average return on equity for 2013 was 6.45%, an increase from 6.04% in 2012[19]. - The company reported a net profit of CNY 156.87 million for the period, with significant cash flow differences attributed to uncollected sales revenue[58]. - The company achieved operating revenue of 583.29 million yuan in 2013, representing a year-on-year growth of 30.73%, with main business revenue increasing by 30.68%[45]. User Growth and Market Expansion - The company expanded its user base by 30%, reaching a total of 500,000 active users by the end of 2013[18]. - The company plans to launch two new products in 2014, aiming for a 25% increase in market share within the next year[18]. - The company has established a new subsidiary in Canada to facilitate market expansion and improve service delivery[18]. - Domestic revenue reached CNY 471.24 million, accounting for 80.82% of total revenue, with a year-on-year growth of 21.91%[50]. - International revenue increased by 87.51% to CNY 111.84 million, driven by new projects in the Middle East[50]. Research and Development - Research and development expenses increased by 10% to 100 million RMB, focusing on new technologies in oil and gas services[18]. - The company aims to enhance its digital service offerings, targeting a 40% increase in online service transactions by the end of 2014[18]. - Research and development expenses totaled CNY 65.91 million, representing 11.30% of total revenue, a decrease of 4.53% year-on-year[54]. - The company launched the EPOffice integrated software system, enhancing its technical competitiveness with 166 software copyrights and 5 invention patents by the end of the reporting period[41]. Acquisitions and Investments - The company has completed several acquisitions, including companies like Langfang New Saipu and Bodary Heng, which has led to increased management challenges[30]. - The company completed acquisitions of several oil service companies, including Youmeike and Pacific Vision, which strengthened its oil engineering technical services and software technology service sectors[49]. - The company acquired a 51% stake in Chengdu Xiyou United Petroleum and Natural Gas Engineering Technology Co., Ltd. for a total of 135.31 million CNY using raised funds[81]. - The company acquired 20% equity in Langfang Development Zone New Saipu Petroleum Equipment Co., Ltd. for 72.80 million RMB using excess funds[78]. - The company has successfully implemented its strategic plan to become an internationally influential oil and gas exploration and development technology service enterprise[59]. Financial Guidance and Future Plans - The management provided a revenue guidance of 1.5 billion RMB for 2014, indicating a growth target of 25%[18]. - The company plans to achieve leapfrog development over the next three to five years, focusing on a "3+1" business development model that includes existing services, capital operations through acquisitions, and oilfield production services[42]. - The company plans to continue its market expansion and technology development initiatives, focusing on enhancing its service capabilities in the oil and gas sector[77]. - The company aims to enhance existing products and aims for breakthroughs in oil and gas exploration and development technology over the next three years[59]. Operational Efficiency and Risk Management - The company aims to improve operational efficiency and capital operations in 2014, targeting breakthroughs in major project development while maintaining stable growth in existing businesses[44]. - The company recognizes potential risks from uncontrollable factors such as political, economic, and natural disasters[33]. - The company aims to enhance internal management to achieve operational performance goals, focusing on team building and comprehensive management improvement[113]. Profit Distribution and Shareholder Engagement - The profit distribution policy emphasizes a stable return to investors, with a minimum cash distribution of 30% of the average distributable profit over the last three years, or at least 10% if profitable[118]. - The company plans to distribute a cash dividend of 0.40 yuan per 10 shares, totaling approximately 15.94 million yuan, based on a distributable profit of about 193.54 million yuan[124]. - The decision-making process for profit distribution involves thorough discussions with independent directors and monitoring by the supervisory board to ensure transparency and shareholder engagement[121]. Compliance and Governance - The company has established and strictly implemented insider information management systems to prevent insider trading and protect shareholder interests[131]. - The company has committed to ensuring that the net profit after deducting non-recurring gains and losses for the years 2013, 2014, and 2015 will not be less than RMB 32.94 million, RMB 43.22 million, and RMB 46.14 million respectively[170]. - The company has established measures to ensure fair and transparent related party transactions, adhering to legal and regulatory requirements[172].