Anton Oilfield Services Group · HKEX:3337
Anton Oilfield Services — FY2022 Earnings Presentation
27 slides from Anton Oilfield Services's earnings presentation, Mar 27, 2023
Slide 1: 2022 Annual Results Announcement
2022 Annual Results Announcement 2023.03.27 1
Slide 2: Agenda
2022 Performance Overview Agenda 2023 Outlook Q&A 2
Slide 3: Disclaimer
Disclaimer ⚫ This presentation has been prepared by Anton Oilfield Services Group (the “Company”) for corporate communications and general information only and may not be reproduced or redistributed to any person without the explicit permission of the Company. This presentation does not constitute a
Slide 4: Create a brand new Anton and successfully crossed the three-year cycle
Create a brand new Anton and successfully crossed the three-year cycle The three-year epidemic has brought challenges With Intrinsic Transformation to the global economy Anton Succeeds Through Cycles In RMB million BDI Revenue Profit attributable Brent ($/bbl) to equity holders 4,000.0 450.0 3,589.5
Slide 5: Performance Highlights
Performance Highlights Substantial growth in overseas markets, steady growth in domestic, 01 returned to growth track Successful business model transformation. High return and high growth 02 in new business products，with substantial increase in contribution Breakthroughs in precision engineering tec
Slide 6: Substantial growth in overseas markets, steady growth in domestic
Substantial growth in overseas markets, steady growth in domestic, returned to growth track Iraqi Market fully recovered with strong Stable revenue growth in The Domestic market faced severe challenges of revenue growth Other overseas market the epidemic while still maintained stable revenue In RMB
Slide 7: Successful business model transformation, high return and high growth in new products
Successful business model transformation. High return and high growth in new business products，with substantial increase in contribution New format products have faster turnover and New business is growing steadily and is higher profitability contributing more to the Revenue In RMB million ROA and E
Slide 8: Breakthroughs in precision engineering technology services
Breakthroughs in precision engineering technology services aimed at increasing production, leading traditional business upgrades Case: Precision engineering service project for a tight sandstone gas reservoir in North China Production increased over three times Production exceeded 90,000 cubic meter
Slide 9: T-ALL inspection introduced strategic investors; asset securitization
T-ALL inspection successfully introduced strategic investors, and multi- subject operation and asset securitization demonstrated business value The first asset securitization project implemented to Inspection business’s value will be spin-off our inspection business to A share market expanded throug
Slide 10: Free Cash Flow got historical high
Continued to deliver on commitments, with substantial growth in both free cash flow and return on equity Free Cash Flow got historical high ROE increased to pre-COVID level In RMB million 426.0 9.5% 9.9% 360.5 8.5% 309.9 238.8 2.6% 2018 2019 2020 2021 2022 43.3 2018 2019 2020 2021 2022 -3.3% 10
Slide 11: Proactively reduced debt and repaid the bonds on maturity
Proactively reduced debt with cash on hand, and repaid the bonds on its maturity, significantly lowered the financial leverage Repaid USD Bond with cash on hand Financial Leverage reduced The principal of USD Bond Gearing Ratio 68.9% 58.6% Cash on RMB 1.2 Repaid RMB 1.4 billion hand billion USD Bond
Slide 12: Agenda
2022 Performance Overview Agenda 2023 Outlook Q&A 12
Slide 13: Outlook 2023
Outlook 2023 As the epidemic vanished, the supply gap is widening. Global oil&gas 01 E&P is ushering in opportunities for stable development Layout the global advantageous market, build a platform to empower all 02 parties, and achieve large-scale growth Comprehensively promote precision engineering
Slide 14: Supply gap widening; global oil and gas E&P opportunities
As the epidemic vanished, the supply gap is widening. Global oil&gas E&P is ushering in opportunities for stable development The oil and gas supply gap will widen in Emerging markets are going all out to the next few years build capacity E&P CAPEX Forecast $ 100 million 1,200.0 19.3% 900.0 600.0 17.
Slide 15: Layout the global advantageous market
Layout the global advantageous market, build a platform to empower all parties, and achieve large-scale growth China Iraq West Africa Indonesia Other Overseas Target the natural gas Develop our business in all Continuously penetrate into Fully penetrate into Indonesia, Continue to explore global mar
Slide 16: Platforms to empower customers, suppliers and practitioners
Layout the global advantageous market, build a platform to empower all parties, and achieve large-scale growth Empower customers and suppliers and promote the trading through AT Mall Empower global practitioners and make more (To B) friends through Shiyou Mates (To C) Suppliers ➢ Access to global ma
Slide 17: Promote precision engineering technology and upgrade traditional business
Comprehensively promote precision engineering technology, change the competitive landscape and upgrade traditional business Aim to increase production Look for value depressions Create value for customers Upgrade our business Tailor-made Design Geological Research Looking for Precise Integrated Opti
Slide 18: Develop unique and innovative businesses
Develop unique and innovative businesses, broaden our service scope, and achieve comprehensive growth Oilfield Management Achieve high growth by meeting customers with the need to outsource their oilfield management services Asset Leasing Achieve high growth by meeting the need of outsource of asset
Slide 19: Unique oilfield management business
Unique oilfield management business, maximize investment returns for oil companies Manage investment and oil and gas field development for oil companies , and become the most trusted management partner of national oil companies and independent oil companies Oil Companies Oilfield Management Services
Slide 20: Industry financial platform for asset leasing
To be the industry financial platform that understands oil and gas best, solves asset and financing needs for the whole industry Create an industrial financial platform with market network, professional scene and sharing economic model, and provide assets and financing services for the whole industr
Slide 21: Largest natural gas inspection services
The largest natural gas inspection services, involving from inspection to data- centric asset management The Inspection technical services with asset integrity management as the core covers the whole process of natural gas production, and provides Carbon Peak and Carbon Neutrality Inspection and sma
Slide 22: Digital Services for the oil and gas industry
Digital Services fully grasps oil and gas scenarios, makes digital intelligence simple and easy for the oil and gas industry Our digital intelligence transformation and upgrading solution for oilfield is suitable for various application scenarios in oilfields and provides professional accompanying s
Slide 23: Unique innovative business opens up room for growth
Relying on unique innovative business, broaden the track and fully open up room for growth Precision engineering technology services, oilfield management, asset leasing, inspection, and digital services have fully opened up Anton's growth space From Engineering services to From underground services
Slide 24: Capital Market: multi-subject operation and asset securitization
Continue to promote the multi-subject operation strategy and securitize our asset As Anton's first asset securitization project, with the support of strategic investors, T-ALL Inspection will continue to meet the requirements of A-share listing, improve the governance structure, promote high perform
Slide 25: Data driven, sustainably improve operating efficiency
Data driven, sustainably improve operating efficiency and deliver quality results Lead each business field to realize efficient operation of "visible, analyzable, predictable, and decision-making" and create high-quality business performance Data application Scenarios All-round data experience CRM S
Slide 26: Closing Remarks
Closing Remarks Anton has successfully crossed the cycle of epidemic, and ushered in development opportunities. The brand-new Anton has opened up room for growth and will comprehensively increase investor returns! 26
Slide 27: Agenda
2022 Performance Overview Agenda 2023 Outlook Q&A 27
Anton Oilfield Services Group — FY2022 Earnings Presentation on 6ix