Financial Performance - The company's total revenue for 2022 was RMB 73,772,688, representing a 6.1% increase from RMB 69,533,053 in 2021[9]. - The net profit attributable to shareholders for 2022 was RMB 463,814, showing a significant increase of 158.0% compared to RMB 179,791 in 2021[9]. - The basic earnings per share for 2022 was RMB 0.024, a 166.7% increase from RMB 0.009 in 2021[10]. - The operating profit for 2022 was RMB 732,392, which is a 110.7% increase from RMB 347,678 in 2021[9]. - The return on equity for 2022 was 6.54%, an increase of 3.90 percentage points from 2.64% in 2021[10]. - The overall gross profit margin for 2022 was 7.3%, with a year-on-year increase of 0.7 percentage points[55]. - The net profit attributable to shareholders for the year ended December 31, 2022, was RMB 463,814,000, compared to RMB 179,791,000 for the year ended December 31, 2021, representing an increase of 158.5%[13]. - The net profit attributable to shareholders for 2022 was RMB 463,814 thousand, compared to RMB 179,791 thousand in 2021, indicating a significant increase of approximately 158.5%[154]. Assets and Liabilities - The company's total assets as of December 31, 2022, reached RMB 71,200,517, an 11.2% increase from RMB 64,052,447 in 2021[9]. - The total liabilities increased to RMB 63,773,198 thousand in 2022 from RMB 57,190,930 thousand in 2021, marking a rise of 11.4%[139]. - The net current liability was approximately RMB 25,932,076,000 as of December 31, 2022, indicating a need for careful liquidity management[96]. - The total current liabilities for 2022 were RMB 62,444,998 thousand, up from RMB 54,991,996 thousand in 2021, which is an increase of 13.5%[139]. - The company's total liabilities amounted to RMB 63,773,198 thousand, up by RMB 6,582,268 thousand from the end of 2021, with current liabilities increasing by RMB 7,498,772 thousand[49]. Shareholder Information - The total number of shareholders as of December 31, 2022, was 117,845, with 117,511 being domestic A-share shareholders and 334 being overseas H-share shareholders[16]. - The top ten shareholders held a total of 13,323,683,351 shares, accounting for 70.18% of the total shares, with China Petroleum & Chemical Corporation holding 10,727,896,364 shares (56.51%) and Hong Kong Central Clearing Limited holding 5,402,084,694 shares (28.46%)[18]. - The company’s minimum public float requirement has been met according to the Hong Kong Stock Exchange Listing Rules[16]. - The total equity attributable to shareholders at the end of 2022 was RMB 7,427,319 thousand, an increase from RMB 6,861,517 thousand in 2021, representing a growth of approximately 8.2%[154]. Operational Highlights - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[2]. - The total new contracts signed amounted to RMB 81 billion, a year-on-year increase of 14.2%, the highest level since the 13th Five-Year Plan[39]. - The company continues to provide various services including drilling, logging, and engineering construction[23]. - The drilling services segment achieved a revenue of RMB 36.81 billion in 2022, an increase of 11.3% compared to RMB 33.08 billion in the previous year, with a total drilling footage of 9.98 million meters, up 9.1% year-on-year[41]. - The engineering construction services segment achieved revenue of RMB 17.44 billion, a 4.3% increase from RMB 16.71 billion, with new contracts signed totaling RMB 25.30 billion, up 42.1% year-on-year[44]. Research and Development - Research and development expenses for 2022 were RMB 1,838,968,000, an increase from RMB 1,669,706,000 in 2021, indicating a commitment to innovation[90]. - The company applied for 979 patents and was granted 787 patents in 2022, both setting new historical highs, with significant breakthroughs in key technologies[46]. - The company will enhance its research and development of key equipment for geophysical services in 2023[60]. Cash Flow and Financing - The company reported a net cash flow from operating activities of RMB 4,197,869, a decrease of 32.4% compared to RMB 6,206,909 in 2021[9]. - The net cash flow from investing activities was RMB -3,951,162 thousand, worsening from RMB -3,253,443 thousand in 2021[146]. - The company has secured a credit facility of RMB 22 billion and USD 510 million from subsidiaries of China Petroleum & Chemical Corporation, enhancing its financial support[97]. - The company plans to broaden financing channels and develop relationships with listed and state-owned financial institutions for better credit access[98]. Related Party Transactions - The company engaged in related party transactions with China Petroleum Group, with procurement of raw materials and equipment amounting to RMB 12,181,320 thousand, accounting for 32.3% of similar transactions[73]. - The company’s independent non-executive directors reviewed the related party transactions and confirmed they were conducted at market prices and in compliance with regulations[75]. - The company’s independent auditor issued an unqualified opinion regarding the disclosed related party transactions during the reporting period[75]. Governance and Compliance - The company maintained compliance with the Corporate Governance Code and Standard Code throughout the reporting period[156]. - The company has not experienced any changes in its controlling shareholder during the reporting period[23]. - The company did not declare any dividends for the year ended December 31, 2022, consistent with 2021[131].
中石化油服(01033) - 2022 - 年度业绩