Anton Oilfield Services Group · HKEX:3337
Anton Oilfield Services — H1 2022 Earnings Presentation
19 slides from Anton Oilfield Services's earnings presentation, Aug 30, 2022
Slide 1: 2022 Interim Results Update
2022 Interim Results Update 30 August 2022 1
Slide 2: Agenda
Interim Results Overview Agenda 2H22 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: Performance Overview
Performance Overview Profit attributable to Revenue Free cash flow owners of the Company (RMB Mn) (RMB Mn) (RMB Mn) 1,688.0 1,421.3 150.2 18.8% 90.7 42.8 111.9% (69.2) 1H 2021 1H 2022 1H 2021 2H 2022 1H 2021 1H2022 1H 2022 4
Slide 5: Performance Highlights
Performance Highlights 01 Achieved full business recovery and strong growth across all markets Empowered by reservoir geology research, traditional technical 02 service business achieved scale growth Differentiated business and innovative business got breakthroughs in 03 new orders, and further grow
Slide 6: Achieved full business recovery and strong growth across all markets
Achieved full business recovery and strong growth across all markets Market Growth Business Growth ✓ Made inroads into new market in China and achieved a ✓ Reinvented business model and secured a natural 80.8% yoy increase in new orders gas purification and transport operation and ✓ Established dire
Slide 7: Empowered by reservoir geology research, traditional technical service business achieved scale growth
Empowered by reservoir geology research, traditional technical service business achieved scale growth Center for Reservoir Geology Studies Engineering technical services Drilling tech & Down-hole Well completion Chemical tech operation operation tech & products and products 7
Slide 8: Differentiated business and innovative business got breakthroughs in new orders
Differentiated business and innovative business got breakthroughs in new orders, and further growth is expected Asset Leasing Inspection Services Digitalization Business ✓ Expanded asset leasing business to ✓ Entered the gas storage and CCUS ✓ Continue to deploy digital business to oilfield equipmen
Slide 9: Made initial progress on asset securitization, engaged a strategic investor for inspection business
Made initial progress on asset securitization, engaged a strategic investor for the inspection business, and filed for pre-listing tutoring Bring in To be - First natural gas File for pre-IPO inspection service provider strategic File for IPO tutoring listed on the A-share market! investor Received
Slide 10: Improved KPIs and achieved record-high free cash flow
Improved KPIs and achieved record-high free cash flow Shortened working capital cycle Record free cash flow in 1H 2022 (RMB Mn) 1H21 1H22 Change Accounts receivable turnover days 241 221 （20） Inventory turnover days 170 144 （26） 150.2 Account payables turnover days 98 88 （10） 63.1 Working capital cy
Slide 11: Managed debt proactively for improved financial security
Managed debt proactively for improved financial security Management of the 2022 Bonds (RMB Mn) Bond issuance 300.0 Partial exchange and split to optimize the bond structure Further bond repurchase to reduce the outstanding amount 134.4 December 2019 July 2021 30 June 2022 11
Slide 12: Agenda
Interim Results Overview Agenda 2H22 Outlook Q&A 12
Slide 13: Outlook 2H22
Outlook 2H22 Capture opportunities in the industry boom to achieve high growth on core 01 products and services across the board 02 Continue to build a market network and achieve new market breakthroughs Launch the “Anton Oil & Gas Sharing Mall”, improve operating efficiency of 0303 self-owned busin
Slide 14: Capture opportunities in the industry boom to achieve high growth
Capture opportunities in the industry boom to achieve high growth on core products and services across the board Oil and gas demand will continue to We will seize the opportunities in outstrip supply; Need to further increase our core businesses and become a oil and gas development on the upstream f
Slide 15: Continue to build a market network to achieve new market breakthroughs
Continue to build a market network to achieve new market breakthroughs Continue to broaden and deepen our international market footprint ⚫ With high oil prices, market opportunities will arise in global emerging markets ⚫ Focus on hot-spot markets, vigorously expand into Southeast Asia and Africa (e
Slide 16: Launch the Anton Oil & Gas Sharing Mall
Launch the Anton Oil & Gas Sharing Mall, improve the operating efficiency of our own business and promote the development of cooperative business Self-owned business: improve efficiency Cooperative business: promote development 16
Slide 17: Achieve high-quality growth throughout the year with cash flow as a core metric
Achieve high-quality growth throughout the year with cash flow as a core metric CF Return on equity Net Profit Revenue Orderbook 17
Slide 18: Summary
Summary 18
Slide 19: Agenda
Interim Results Overview Agenda 2H22 Outlook Q&A 19
Anton Oilfield Services Group — H1 2022 Earnings Presentation on 6ix