HAIMO(300084)2025-04-28 17:30Financial Performance - The company reported a revenue of 599.83 million yuan, a decrease of 19.36% compared to the same period last year[4]. - The net profit attributable to shareholders was -228.43 million yuan, with a net profit of -229.35 million yuan after deducting non-recurring gains and losses[4]. - The net cash flow from operating activities was 98.67 million yuan, indicating stable operational performance despite the negative net profit[4]. - The company's operating revenue for 2024 was ¥599,825,845.99, a decrease of 19.36% compared to ¥743,869,749.92 in 2023[19]. - The net profit attributable to shareholders for 2024 was -¥228,434,241.24, representing a decline of 802.49% from ¥32,517,752.63 in 2023[19]. - The net cash flow from operating activities decreased by 37.64% to ¥98,666,246.84 in 2024, down from ¥158,210,954.59 in 2023[19]. - The total assets at the end of 2024 increased by 8.50% to ¥2,234,266,441.08, compared to ¥2,059,287,322.85 at the end of 2023[19]. - The company reported a basic earnings per share of -¥0.5656 for 2024, a decrease of 769.35% from ¥0.0845 in 2023[19]. Business Strategy and Focus - The company plans to focus on core products and gradually shut down low-efficiency business lines, aiming to enhance business scale and profitability[5]. - The company emphasizes technological innovation and market application in core areas such as multiphase metering and downhole testing instruments[5]. - The company has laid a foundation for its development strategy of "improving quality and efficiency, focusing on core" through stock issuance to specific targets[5]. - The company aims to enhance quality and efficiency while focusing on core business strategies[57]. - The company plans to close production lines related to oilfield special vehicles and environmental equipment as part of its strategy to focus on core business areas[62]. Market and Competitive Environment - The company is positioned in a highly concentrated oil and gas equipment service market, with increasing competition focusing on technology and customer needs[31]. - The company faces multi-dimensional competitive pressures in regional market penetration, emphasizing the importance of technological innovation and diversified services[31]. - The company faces intense competition in the oil and gas equipment service industry, necessitating increased focus on technological innovation and service quality to maintain market share[42]. - The domestic oil and gas equipment service market saw a decline in both sales prices and order volumes in 2024, posing challenges for market share and business growth[104]. Research and Development - The company has a strong emphasis on R&D, with 140 R&D personnel, accounting for 15.82% of total employees, and has undertaken several national-level research projects[44]. - The company has established a solid sales system and quality management framework, ensuring compliance with international standards[44]. - The company has developed a new underwater multiphase flow meter (SMPFM-5000), recognized as a high-tech achievement transformation project in Shanghai for 2024[46]. - The company is conducting research on smart layered water injection technology, utilizing big data and intelligent technology to improve oil recovery rates and optimize production processes[74]. - The company has implemented a reward system for R&D achievements to motivate technical personnel and accelerate the transformation of research results[178]. Corporate Governance and Management - The company adheres to legal and regulatory requirements to enhance its corporate governance structure, ensuring effective decision-making and accountability[114]. - The board of directors consists of 9 members, including 3 independent directors, meeting legal requirements[116]. - The company has established a performance evaluation and incentive mechanism to support high-quality development[119]. - The company operates independently from its controlling shareholder in terms of assets, personnel, finance, and business[120]. - The company has a complete and independent asset ownership structure, with no shared assets with the controlling shareholder[124]. Employee and Talent Management - The company’s workforce includes 459 employees with a bachelor's degree or higher, representing 51.86% of total staff, reflecting its commitment to talent development[45]. - The company has implemented a long-term incentive plan for 2023, granting reserved restricted stock to key employees to enhance motivation and retention[162]. - The training plan for 2024 focuses on improving employee skills and knowledge, aligning with the company's strategic goals[163]. - The employee compensation policy emphasizes performance-based incentives, aligning with the company's strategic development needs[161]. Environmental and Social Responsibility - The company is committed to environmental protection, focusing on low-carbon operation equipment development and reducing carbon emissions in its production processes[193]. - The company emphasizes the integration of social responsibility with its development strategy, focusing on governance and investor rights protection[187]. - The company has implemented measures to reduce carbon emissions, although specific effects were not detailed in the report[186]. Future Outlook and Risks - Future plans and performance forecasts are subject to risks, and investors should maintain adequate risk awareness[5]. - The company faces risks related to overseas operations and trade, particularly due to rising tariffs and geopolitical uncertainties[103]. - The company is exploring various methods to adjust production plans and reduce operational costs in response to international economic conditions and oil price fluctuations[106]. - The company aims to transition to Industry 4.0 with the introduction of new digital products and smart technologies[75].