换肤

主营介绍

  • 主营业务:

    多相计量产品及相关服务,井下测/试井、增产仪器和工具及相关服务,压裂设备及相关服务。

  • 产品类型:

    多相计量产品及相关服务、井下测/试井及增产仪器、工具及相关服务、压裂设备及相关服务、油田环保设备及相关服务、油气销售

  • 产品名称:

    多相计量产品及相关服务 、 井下测/试井及增产仪器 、 工具及相关服务 、 压裂设备及相关服务 、 油田环保设备及相关服务 、 油气销售

  • 经营范围:

    本企业自产产品、技术及配套组建和产品的出口;本企业生产所需的原辅材料、仪器设备、机械设备、零配件及技术的进口(国家限定公司经营和国家禁止进出口的商品除外);进料加工和“三来一补”业务;机电产品(不含小轿车)、五金交电(不含进口摄录机)的批发零售;常规及非常规油气开发和生产用配套仪器仪表及井下工具的研发、制造、销售及售后服务;勘探及生产测井用仪器仪表的研发、制造、销售及售后服务;石油、天然气工程技术服务(钻进、完井、测井、试油、试期、录井、压裂);常规及非常规油气开发增产措施配套设备及元件的研发、制造、销售及售后服务;油气田固体废物处理、液体废物处理、环境污染治理设计和现场技术服务;油气田固体废物处理、液体废物处理设备的研发、制造、销售及售后服务;油田专用特种作业车辆研发、制造、销售及售后技术服务。(依法须经批准项目,经相关部门批准后方可经营)。

运营业务数据

最新公告日期:2024-04-27 
业务名称 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
库存量:井下仪器和工具(套) 1.23万 - - - -
库存量:压裂泵液力端(套) 97.00 - - - -
库存量:多相流量计(套) 48.00 - - - -
井下仪器和工具库存量(套) - 1.26万 7914.00 8081.00 4029.00
压裂泵液力端库存量(套) - 238.00 51.00 46.00 328.00
多相流量计库存量(套) - 11.00 42.00 44.00 19.00

主营构成分析

报告期
报告期

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营业收入 X

单位(%) 单位(万元)
业务名称 营业收入(元) 收入比例 营业成本(元) 成本比例 主营利润(元) 利润比例 毛利率
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注:通常在中报、年报时披露 

主要客户及供应商

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前5大客户:共销售了2.55亿元,占营业收入的34.24%
  • 客户一
  • 客户二
  • 客户三
  • 客户四
  • 客户五
  • 其他
客户名称 销售额(元) 占比
客户一
1.11亿 14.91%
客户二
6311.69万 8.48%
客户三
3676.92万 4.94%
客户四
2418.89万 3.25%
客户五
1980.27万 2.66%
前5大供应商:共采购了6337.14万元,占总采购额的21.44%
  • 供应商一
  • 供应商二
  • 供应商三
  • 供应商四
  • 供应商五
  • 其他
供应商名称 采购额(元) 占比
供应商一
1912.48万 6.47%
供应商二
1720.99万 5.82%
供应商三
1343.12万 4.54%
供应商四
702.38万 2.38%
供应商五
658.17万 2.23%
前5大客户:共销售了2.18亿元,占营业收入的34.72%
  • 客户一
  • 客户二
  • 客户三
  • 客户四
  • 客户五
  • 其他
客户名称 销售额(元) 占比
客户一
1.24亿 19.80%
客户二
2703.97万 4.31%
客户三
2405.98万 3.83%
客户四
2289.02万 3.65%
客户五
1965.98万 3.13%
前5大供应商:共采购了4526.74万元,占总采购额的16.99%
  • 供应商一
  • 供应商二
  • 供应商三
  • 供应商四
  • 供应商五
  • 其他
供应商名称 采购额(元) 占比
供应商一
1285.01万 4.82%
供应商二
1012.92万 3.80%
供应商三
1012.53万 3.80%
供应商四
681.24万 2.56%
供应商五
535.04万 2.01%
前5大客户:共销售了2.26亿元,占营业收入的37.18%
  • 客户一
  • 客户二
  • 客户三
  • 客户四
  • 客户五
  • 其他
客户名称 销售额(元) 占比
客户一
1.05亿 17.30%
客户二
3599.16万 5.91%
客户三
3489.50万 5.73%
客户四
2619.58万 4.30%
客户五
2392.36万 3.93%
前5大供应商:共采购了4515.24万元,占总采购额的18.16%
  • 供应商一
  • 供应商二
  • 供应商三
  • 供应商四
  • 供应商五
  • 其他
供应商名称 采购额(元) 占比
供应商一
1078.05万 4.34%
供应商二
1013.13万 4.07%
供应商三
1010.71万 4.06%
供应商四
781.66万 3.14%
供应商五
631.68万 2.54%
前5大客户:共销售了1.95亿元,占营业收入的38.71%
  • 客户一
  • 客户二
  • 客户三
  • 客户四
  • 客户五
  • 其他
客户名称 销售额(元) 占比
客户一
9037.13万 17.94%
客户二
3842.64万 7.63%
客户三
3592.01万 7.13%
客户四
1525.15万 3.03%
客户五
1499.46万 2.98%
前5大供应商:共采购了4027.92万元,占总采购额的13.92%
  • 供应商一
  • 供应商二
  • 供应商三
  • 供应商四
  • 供应商五
  • 其他
供应商名称 采购额(元) 占比
供应商一
1172.67万 4.05%
供应商二
835.44万 2.89%
供应商三
778.09万 2.69%
供应商四
661.79万 2.29%
供应商五
579.92万 2.00%
前5大客户:共销售了2.33亿元,占营业收入的33.68%
  • 客户一
  • 客户二
  • 客户三
  • 客户四
  • 客户五
  • 其他
客户名称 销售额(元) 占比
客户一
6157.90万 8.89%
客户二
5397.66万 7.80%
客户三
4074.85万 5.89%
客户四
3995.93万 5.77%
客户五
3693.11万 5.33%
前5大供应商:共采购了1.32亿元,占总采购额的26.11%
  • 供应商一
  • 供应商二
  • 供应商三
  • 供应商四
  • 供应商五
  • 其他
供应商名称 采购额(元) 占比
供应商一
4902.65万 9.69%
供应商二
3615.33万 7.15%
供应商三
2176.49万 4.30%
供应商四
1377.30万 2.72%
供应商五
1134.58万 2.24%

董事会经营评述

  一、报告期内公司所处行业情况  公司所处行业为油田设备服务行业的细分领域,国际油价波动直接影响石油勘探、开发企业的资本开支决策,石油勘探、开发企业的勘探开发投资规模直接影响油田服务行业的景气度。2023年,受“欧佩克+”多轮减产、地缘冲突、气候变化等多种因素影响,国际油价宽幅震荡,布伦特、WTI油价在 65—97美元/桶区间波动,全年均价分别为82.3美元/桶和77.7美元/桶,仍处于中高位水平。相对较高的油价在一定程度上推动了全球油气市场信心的恢复,也使得部分石油公司经营状况明显改善,带动油气行业上游投资增长,根据标普全球(S&P Global)数据,2023年全球油气上游投资增长率为1... 查看全部▼

  一、报告期内公司所处行业情况
  公司所处行业为油田设备服务行业的细分领域,国际油价波动直接影响石油勘探、开发企业的资本开支决策,石油勘探、开发企业的勘探开发投资规模直接影响油田服务行业的景气度。2023年,受“欧佩克+”多轮减产、地缘冲突、气候变化等多种因素影响,国际油价宽幅震荡,布伦特、WTI油价在 65—97美元/桶区间波动,全年均价分别为82.3美元/桶和77.7美元/桶,仍处于中高位水平。相对较高的油价在一定程度上推动了全球油气市场信心的恢复,也使得部分石油公司经营状况明显改善,带动油气行业上游投资增长,根据标普全球(S&P Global)数据,2023年全球油气上游投资增长率为10%。
  国内方面,在油气增储上产七年行动计划的继续推动下,油气勘探开发投资持续增加,根据《2023年油气行业发展报告》,2023年国内油气勘探开发投资约3,900亿元,同比增长10%。根据国家海关总署发布的数据,2023年我国全年原油累计进口5.64亿吨,原油进口数量重新恢复增长,且创下新的历史纪录,油气对外依存度仍然较高。我国是全球最大的油气进口国和重要的油气消费市场,加大国内油气勘探开发力度,是保障油气供应安全的关键。2023年,国家能源局发布了《2023年能源工作指导意见》,意见指出要着力增强能源供应保障能力,夯实化石能源生产供应基础,抓紧抓实“五油三气”重点盆地及海域的油气增产上产,推动老油气田保持产量稳定,力争在陆地深层、深水、页岩油气勘探开发、CCUS促进原油绿色低碳开发等方面取得新突破。
  在推动传统油田服务业转型升级方面,近年来,国际石油公司纷纷进行了以智能油田建设为代表的数字化转型,主要特征是通过大数据、人工智能边缘计算等新技术应用,实现油气田生产全面感知、智能操控、预测预警和优化决策,在全流程化管理、持续生产与决策优化,以及创新解决方案方面卓有成效,全球油服行业以绿色化、数字化、智能化等新技术推动传统油田服务业转型升级。
  在新能源转型方面,低碳转型背景下,国际各大石油公司已纷纷在油气勘探开发领域开启了与新能源融合发展的探索与实践,并在光伏、风能发电、氢能、地热能及新型储能等方面取得了一定成效。2023年,各大石油公司调整低碳业务范围,更加重视低碳业务的盈利性,更新低碳业务的发展目标。各大石油公司全年收购CCUS、生物质能、氢能等项目的数量已经超过可再生能源发电项目,占到石油公司收购量的60%。在国内,为大力提升油气勘探开发力度,助力油气在新型能源体系中发挥更大作用,推动油气行业增智扩绿,国家能源局在《加快油气勘探开发与新能源融合发展行动方案(2023-2025年)》中强调,“十四五”时期,要统筹推进油气供应安全和绿色发展,在稳油增气、提升油气资源供给能力的基础上,加快行业绿色低碳转型。要加强油气勘探开发与新能源融合发展,大力推进新能源和低碳负碳产业发展,加大清洁能源开发利用和生产用能替代,增加油气商品供应,持续提升油气净贡献率和综合能源供应保障能力。
  得益于全球油气资本开支持续加大,全球油服行业以数字化、智能化等新技术推动传统油田服务业转型升级以及国内保障国家能源安全和大力提升油气勘探开发力度等一系列有利市场环境的推动,公司所处的油服设备行业仍具备增长潜力。同时,新能源领域的快速发展,为公司带来了更广阔的发展视野,促使公司积极探索并投身于这场变革中,以应对市场的挑战并抓住未来的机遇。
  
  二、报告期内公司从事的主要业务
  1、主要业务简介
  公司主要从事油气田高端装备制造、油气田技术服务和油气田数字化业务,致力于为油气田增产、生产优化和油气藏管理提供创新的技术、产品和服务,为油气田和相关行业数字化转型提供整体解决方案。
  2、主要产品和服务
  (1)多相计量产品及相关服务
  公司的多相计量产品可以对油气井产出的油、气、水的流量、组分和其他过程参数进行准确、可靠、实时的测量,满足油气田开发者对油气作业井评价、生产井计量、勘探井试油和移动测试的需求,是石油公司获得开发管理关键数据的重要技术手段之一。公司的多相计量产品分为陆地油田、海上钻井平台和海洋油田水下安装使用三大类。
  多相计量产品相关服务主要是公司利用自主研发生产的多相计量产品,通过移动式的油气井勘探测试、评价测试及生产测试,向客户提供数据和数据评价分析的油田服务业务。
  (2)井下测/试井、增产仪器和工具及相关服务
  公司的井下测/试井仪器和工具主要包括勘探测井、完井测井、生产测井及试井所使用的仪器和工具;增产仪器和工具主要是在油气井生产开发过程中所使用的一系列提高产能与采收率的仪器、仪表和工具;按照用途分为注水工艺仪器、采油气工艺仪器、动态监测测井仪器和油气增产工程技术仪器,主要用于油气勘探开发。
  井下测/试井、增产仪器和工具相关服务主要是公司利用自主研发生产的井下测/试井仪器和工具为石油公司提供勘探测井、完井测井、生产测井及试井服务,对油井(包括勘探井、采油井、注水井、观察井等)从钻完井开始到投产后直至报废的整个生产过程中进行井下测试,以获取相应地下信息、评价油管内外流体的流动情况和井的完成情况,可帮助石油公司有效降低石油勘探和采储的风险,提高生产效率。
  (3)压裂设备及相关服务
  压裂设备主要是压裂泵液力端、高压流体元件、高压管汇及相关部件,压裂泵液力端是压裂车三大模块之一,属于高值易损件,主要应用于油气探勘开发过程中对油气井的压裂作业,而且是页岩油、页岩气、致密油气等非常规油气勘探开发过程中必须使用的设备。
  压裂设备相关服务主要是指压裂泵液力端和相关配件产品全生命周期大包租赁服务,旨在帮助和配合用户做好压裂泵液力端和相关配件在产品全生命周期内的成本管理与优化,压裂作业需求客户以工作小时结算租赁费用,避免直接购买材料和发生制造成本,同时减少了计划采购、资金占用、库存管理等环节的成本支出。
  (4)其他业务
  公司其他业务主要包括油田环保设备及相关服务、油田特种车辆、油气销售等。油田环保设备主要是压裂返排液处理设备,主要有三类,分别为车载式、“撬装”式和集中建站处理设备,主要用于处理油气井压裂作业过程中产生的压裂返排液,使处理后的压裂返排液达到回注或回配标准,实现资源化利用。油田特种车辆主要是油田的测试井设备研发设计,开发多功能测井车、多功能试井车,公司可生产特种作业车、专用作业车和专用货车。油气销售业务系公司在美国从事页岩油气勘探开发,全资子公司海默油气是美国德克萨斯州政府许可的油气开发独立作业者,在油气区块以联合作业和独立作业的方式开采页岩油气,报告期内,公司基本以联合作业方式开采页岩油气。
  3、经营模式
  公司主要业务采取“研发+制造+销售+服务”的一体化经营模式。公司经营过程中的主要环节,均可以自主完成。公司设有专门的技术研究和产品开发部门、产品制造部门、销售团队和服务团队,并建立了广泛而稳定的销售渠道。公司充分利用国内人才和生产成本优势,研发和制造立足国内,销售和服务面向全球石油公司和油气服务公司。同时,公司积极和国内外科研机构、产业上下游企业开展研发和生产合作,不断提高研发效率、降低生产成本、扩大销售渠道,将部分低附加值的产品生产制造环节外包、部分零部件直接从外部采购。
  4、公司的行业地位
  公司专注于石油天然气行业细分领域,是国际领先的油气田多相计量和生产优化解决方案的主流提供商、国内独家的水下多相流量计制造商、国内领先的“井下测/试井、增产仪器和工具”制造商、国内拥有核心竞争力的压裂泵液力端制造商。
  在多相计量产品领域,公司多相计量产品一直面向全球市场销售,在阿曼、阿联酋和国内海洋油田占有较大市场份额,公司长年服务于中海油以及沙特阿美、阿曼石油等国际油气行业巨头,产品及技术得到下游客户的广泛认可;公司近年在成功进入全球最大的多相计量产品用户沙特阿美后又成功进入北美市场,实现里程碑式的突破。公司自主创新研发的水下多相流量计和湿气流量计等系列产品已进入商业化应用阶段,打破了国外垄断实现进口替代,为我国深水油气资源开发解决了一项重要的“卡脖子”技术问题,同时也为公司打开了广阔的水下多相流量计及相关产品应用领域市场。
  在井下测/试井、增产仪器和工具领域,子公司思坦仪器是国内该领域的领先企业,在国内具有较高品牌知名度和市场认可度,产品及服务遍布国内主要油田。公司近年来顺应油田数字化趋势,通过持续的自主创新,开发出智能分层注水系统等油田数字化产品,取得了一系列专利并实现批量商业化应用,并进一步将智能增产解决方案的应用场景从传统油田拓展到气田,成为引领板块发展的重要动力。
  在压裂设备领域,子公司清河机械是国内知名的压裂泵液力端产品制造商,是国内中石油集团各大石油钻探工程公司、中石化下属各大石油工程公司、压裂车制造厂以及压裂施工服务相关民营上市企业的主要供应商,同时是全球知名油服公司和压裂服务商的优秀供应商和合作伙伴。
  5、业绩的主要驱动因素
  报告期,受益于国际油价中高位运行,全球油气资本开支持续加大,全球油服行业以绿色化、数字化、智能化等新技术推动传统油田服务业转型升级以及国内保障国家能源安全和大力提升油气勘探开发力度等一系列有利市场环境的推动下,公司营业收入继续保持了增长态势,尤其是多相计量业务海外市场份额进一步扩大;公司紧抓有利的市场时机,积极开发推出符合市场需求的各类新产品,巩固传统市场份额的同时积极开拓新市场。积极响应共建“一带一路”倡议,继续深耕中东油气市场,扩大与中东地区各能源公司的合作。同时,全球性战略客户开发持续取得新进展,在墨西哥实现新市场新客户零的突破,在沙特实现战略市场新产品零的突破,在印度实现长期测试服务合同零的突破,境外收入占比达到 33.11%。公司持续保持高效研发投入并进一步优化产品结构,不断提升产品竞争优势并保持较高毛利水平,公司整体盈利能力得到了进一步增长。此外,公司还通过优化业务结构、精简业务人员、提高内部管理效能等一系列降本增效措施,提高公司运营效率、降低运营成本、进一步提升公司产品竞争力和服务质量,帮助公司更好地应对市场挑战。
  市场需求的增加、持续的产品创新、积极的海外市场开拓及一系列降本增效措施成为报告期业绩持续恢复的主要驱动因素。
  
  三、核心竞争力分析
  1、公司核心竞争力概述
  公司自成立以来始终以市场需求为导向,坚持技术创新,秉持为客户创造价值的经营理念,通过自主研发技术和产品创新驱动业务发展。公司是连续多年的高新技术企业,取得一系列专业资质和专有的知识产权。公司通过长期积累和培育,在油气行业多个细分领域拥有高质量产品和优质服务,树立了良好的品牌,拥有丰富的产品制造经验,建立了稳固的销售体系和符合国际标准的质量管理体系,并拥有稳定的管理团队和经验丰富的国际营销团队。具体来说,公司核心竞争力体现为四大优势:
  (1)创新平台和人才优势
  公司拥有健全的技术创新体系,以海默研究院为核心的技术创新平台。海默研究院组织协调全公司的研发工作,是公司技术研发、高端技术人才培养、技术引进吸收、科技成果转化、为各业务板块提供全方位的技术支持的创新平台。公司承接了多项国家级重大科研项目并顺利结题通过项目验收,报告期,公司持续围绕深水、深层、非常规油气勘探开发等领域开展技术创新和产品研发,目前同时开展的多项重大研发项目正在顺利推进。
  公司长期专注于石油天然气行业细分领域,坚持内部培养和外部吸收并重的人才战略,并建立了完善的、有市场竞争力的人才激励机制,拥有了一批行业顶尖的专业技术人才,组成了经验丰富、创新能力突出的研发团队,公司现有研发人员152人,占公司员工总数的17.29%。与此同时,公司始终致力于企业价值与员工成长的共同提升,培养了一支具有国际化视野、熟知本土市场、锐意进取、充满活力的员工团队,形成了高效能、可持续发展的人才结构,截至报告期末,公司具有本科及以上学历员工433人,本科及以上员工人数占公司总人数的49.30%。
  (2)核心技术和荣誉奖项
  因为专注,所以专业。公司在多相计量、井下测/试井及油气增产、压裂泵液力端和油田数字化等领域掌握多项原创核心技术,并形成了丰富的产品体系,同时建立了健全的技术创新体系。截至报告期末,公司在国内外累计获得各类专利329项,各类注册商标120件,软件著作权136项。公司能够不断研发生产出具有市场竞争优势的新产品,提高公司的核心竞争力。
  公司被认定为甘肃省先进企业、2022年度甘肃省“专精特新”中小企业;子公司清河机械被评为上海市嘉定区专精特新“小巨人”企业、上海市“专精特新”中小企业、国家工信部第二批专精特新“小巨人”企业、嘉定区专利产业化示范单位;子公司西安思坦仪器股份有限公司被评为 2022年度陕西省“专精特新”中小企业、国家工信部第五批专精特新“小巨人”企业、国家知识产权优势企业、陕西省知识产权示范企业;子公司海默新宸水下技术(上海)有限公司被认定为中国(上海)自由贸易试验区临港新片区“专精特新”企业;子公司海默科技(阿曼)有限公司获评阿曼中资协会“科技创新奖”和“市场开拓奖”,并获得中华人民共和国驻阿曼苏丹国大使馆经济商务处表彰,还被评选为阿曼石油开发公司(PDO)阿曼本地化杰出油田服务提供商并荣获PDO董事长颁发的CAE(Chairman’s Award for Excellence)证书。
  (3)管理团队优势
  公司具有稳定且经验丰富、长期投身石油行业的专业经营管理团队。核心团队专业背景覆盖范围广,包括动力工程及工程热物理、海洋化学、自动化仪表、油气储运工程、电子工程、软件工程等专业;核心管理团队成员平均具有 20年以上的石油行业企业管理经验,对行业发展具有深刻的理解和认识,部分核心人员具备丰富的水下产品经验,主持并参与了部分国家“十二五”、“十三五”、“十四五”课题,能够及时捕捉市场机会,准确把握客户需求,迅速生产出适销对路的产品,带领公司持续稳定发展。报告期,公司加快管理型人才引进,引入多名在资本运营、精细化管理、内控体系建设拥有丰富从业经验的核心人员,打造具备行业深度+资本运营的多元化复合型团队。
  (4)营销和市场渠道优势
  公司经营理念很重要的一方面就是重视产品营销和市场渠道建设,注重和国际市场标准接轨,取得多家权威机构的质量认证并获得美国石油协会(API)证书。
  公司主要产品在国内外主要市场均有销售,公司与国内主要石油公司及下属的油田或油服公司、国外主流的石油公司或油服公司建立了长期的业务合作关系。国内市场营销方面,公司在国内主要油田建立了近 20个一线销售网点,销售人员长期深入驻扎在油田生产一线,能够及时掌握用户需求并快速响应,提供相应的产品和服务。国际市场营销方面,公司是国内石油科技领域最早“走出去”的民营企业之一,在油气田设备领域拥有20多年的国际销售经验,有完善的国际营销体系和经验丰富的国际营销团队,国际营销团队及产品代理区域分布在阿联酋、阿曼、沙特、美国、哥伦比亚等数十个国家,与阿曼石油开发公司、阿联酋国家石油公司、沙特阿拉伯国家石油公司、科威特国家石油公司等知名油气公司均建立了信任和稳固的长期合作关系。公司在保持已有产品稳定销售的同时,能够不断地开拓新市场并迅速将新产品推向市场。
  报告期,公司未发生因核心管理团队或关键技术人员离职、设备或技术升级换代、特许经营权丧失等因素导致公司核心竞争力受到严重影响的情况。
  2、公司主要无形资产情况
  公司账面无形资产为土地使用权及知识产权。
  (1)土地使用权情况
  (2)注册商标情况
  截至报告期末,公司及子公司共拥有各类注册商标120件。
  (3)专利情况
  截至报告期末,公司及子公司共拥有各项专利329项,其中发明专利86项,实用新型专利226项,PCT专利14项,外观设计专利3项。
  (4)软件著作权
  截至报告期末,公司及子公司共拥有软件著作权136项。
  
  四、主营业务分析
  1、概述
  报告期,公司紧抓油气行业复苏契机,对外积极拓展全球化市场,对内多举措提高精细化管理水平,营收规模和经营活动现金流净额均创上市以来新高。报告期,实现营业收入74,386.97万元,比上年同期增加18.56%,主要业务板块均有增长;实现主营业务利润29,569.88万元,比上年同期增长21.42%;实现归属上市公司股东的净利润3,251.78万元,比上年同期增加132.49%;实现扣非后归属上市公司股东净利润2,760.61万元,比上年同期增加367.73%。公司高度重视现金流管理,近五年经营活动现金流均正向流入,报告期,经营活动产生的现金流量净额为15,821.10万元,比上年同期增加293.60%。报告期,公司主要业务的具体经营情况如下:
  (1)多相计量产品及相关服务
  报告期,公司多相计量产品及服务业务实现收入26,546.33万元,比上年同期增长24.70%,实现主营业务利润14,876.28万元,比上年同期增长13.90%。经过三十年的发展,多相流量计技术已经得到世界上几乎所有主要石油公司的认可,对产品的技术要求也更加标准化,多相计量产品已成为油气田计量和油田数字化的标准配置。随着油田数字化的持续推进,油气公司对多相流量计产品和服务的需求呈现逐年增长态势。
  报告期,公司紧抓全球范围内油田数字化、智能化浪潮带来的增量机会,稳步扩大现有客户订单,积极开拓增量客户需求,多相计量产品及相关服务业务持续稳健增长,营收规模从2020年的8,188.44万元增长到本报告期的26,546.33万元,增长了2.24倍。收入的持续快速增长受益于产品在全球市场竞争力和客户认可度的提高。国际市场方面:中东地区钻井数量同比增加,带动多相流量计产品需求同步上升,阿曼市场多相流量计销售订单实现历史性突破,取得产品销售和服务合同超千万美元订单,进一步巩固了市场地位;阿联酋、沙特等市场客户继续推进油田数字化并加大对气田开发力度,尤其沙特的非常规油藏勘探开发活动增加对多相流量计和三相湿气计量的应用需求出现增长;北美市场多相流量计产品销售和服务收入均取得重大突破,墨西哥首单拿到超百万美元级订单,实现了市场零的突破。国内市场方面:公司多相流量计产品凭借其性能、技术等方面的优势成功获取了客户新增项目,同时单井安装模式也有效带动了产品订单数量的增加。国内海油市场多相计量产品销售收入持续稳定增长,市场占有率保持绝对领先地位;专为国内陆地市场推出的豁免源流量计继续扩大客户群体,报告期新拓展了吐哈油田和长城钻探客户。
  多相计量产品销售数量的增加带来了更多的中长期服务业务订单,平均合同服务年限不低于3年。报告期,相关服务业务实现收入8,283.61万元,比去年同期增加18.94%。随着数字油田的发展,更多的多相流量计用于固定安装进行生产测试,直接带动相关的调试和设备维护的服务业务的增长。另外,公司持续加强移动生产测试服务和勘探测试服务业务开发并确保长期服务合同现场安全作业和高效运转,报告期,公司在阿联酋、阿曼、巴林、科威特、印度、利比亚等市场均拿到长期测试服务合同,同时国内海油市场服务收入翻番,确保油田服务业绩持续稳定增长。中长期服务业务订单规模的持续扩大,进一步增强了客户合作粘性,同时对未来业绩的稳定增长提供支撑。
  (2)井下测/试井及增产仪器、工具及相关服务
  报告期,公司井下测/试井及增产仪器、工具及相关服务业务实现收入27,884.24万元,比上年同期增长15.39%;实现主营业务利润11,643.90万元,比上年同期增长29.12%。报告期,受保障国家能源安全和大力提升油气勘探开发力度等一系列有利市场环境的推动,上游油气公司加大油田勘探开发投资,国内测井和智能增产仪器及相关油田服务业务市场需求增加。
  报告期,智能分注产品市场需求迅速增加,在长庆油田,公司智能分注产品波码仪器销售收入实现增长;在中海油田,无缆/有缆智能配水器销售收入同比实现大幅增长;在中油测井等市场,测试井仪器销售收入恢复增长势头。新业务方面,智能气井业务实现业绩收入的同时,通过自建产线取得气田业务(间开阀)资质,为气田领域的长足发展和收入增速做了铺垫。
  报告期,井下测/试井相关服务收入增量贡献较大,实现营业收入8,260.80万元,比上年同期增长25.93%。油田服务业务中,生产测井技术服务和试井分析技术服务收入仍然是公司收入的主要来源且稳定增长。报告期,由于客户加大对气田开发和投入,带动测井服务需求,公司积极增加服务能力,加大延长油田测井市场开发力度,实现该市场的收入大幅增长,为油服板块营收增长提供有力支撑。此外,公司量子点示踪剂储备及技术升级受到客户认可,量子点示踪剂服务收入也实现大幅增长。
  (3)压裂设备及相关服务
  报告期,公司压裂设备及相关服务业务恢复性增长,实现收入13,181.31万元,较上年同期增长37.39%;实现主营业务利润1,749.19万元,较上年同期增长424.33%。
  报告期,公司压裂设备及相关服务业务新增订单、收入、利润均获得恢复性增长,目前国内压裂装备以2800型压裂设备为主,近年来,5000型及6000型电驱设备逐渐增多,传统产品的使用寿命在严苛的工况会大幅度降低,因此,传统压裂装备产品更换周期短,具有刚性需求。公司可提供各种型号常规压裂装备,同时公司可提供压裂泵液力端完整设计以及优化服务。公司液力端业务除了直接销售产品的模式外,还大力推动了液力端全生命周期租赁的大包服务模式,该服务模式的全面推进符合更多用户重视规避产品质量风险的利益诉求,大包服务的市场需求增加。
  公司通过创新型新产品推广来谋求转型和提升市场竞争力,2023年,公司对自主研发的全新一代液力端产品SlimFrac进行了现场试用并优化迭代,新产品关键结构的可靠性试验顺利通过了挪威船级社DNV的现场见证。
  (4)其他业务
  报告期,油田环保设备及相关服务收入3,296.35万元,同比增长4.47%;公司油田特种车辆及配件实现销售收入1,697.90万元,同比下降20.68%;公司油气销售收入1,577.91万元,同比下降24.92%。
  (5)研发技术及创新
  报告期,公司持续围绕深水、深层、非常规油气勘探开发和油田数字化领域开展技术创新和产品研发,在非放湿气流量计、海洋油田水下生产系统关键设备和油田数字化的多个研发项目取得阶段性成果。
  公司成功完成大口径非放湿气流量计产品的研发和产业化,在中东项目获得重要订单,并通过乌鲁木齐国家大流量计量站和国际权威第三方环线认证,展现出卓越性能。Topside 10kpsi SPM流量计密封结构设计、校核分析、测试均已圆满完成,NPCC项目订单产品成功通过103MPa压力测试以及英国国家工程实验室(NEL)测试并顺利交付,标志着海默topside首次成功应用10kpsi多相流产品。储气库双向流量计产品开发取得可喜进展,各种常见尺寸设备测试也获得成功,目前国内订单确认情况良好。
  公司最新研发的微波含水仪目前正处于理论验证测试阶段,代表着一项创新性的技术。该含水仪运用微波技术精确测量流体中的水量百分比,与传统的放射性技术相比,解决因放射性问题而难以进入的市场,为公司打开了更为广阔的市场前景。这种创新技术填补了市场上对非放射性产品的需求空白,将为公司在流量计领域进一步巩固领先地位提供有力支持。随着市场对非放射性产品的迫切需求不断增长,这项技术的应用将为公司带来新的商机和发展动力。
  此外,水下温压表已完成核心电子学软件开发、调试,工程样机制造及部分型式试验(DNV见证),并正处于工程样机进一步验证阶段;水下化学药剂注入阀(CIMV)已研制出高、低流量两款产品,完成了DNV FMECA、设计认证,通过了一系列型式试验,并且获得了批量化商业订单。
  
  五、公司未来发展的展望
  1、行业格局和趋势
  2023年全球能源发展受国际格局动荡变革、极端气候灾害频发、能源行业低碳化转型和新一轮技术革命的影响,全球油气市场和油气行业在调整重塑中渐进复苏。在全球能源价格震荡下行的同时,能源消费量再创新高。国际大型石油公司也在提升油气产量的目标下,大幅增加上游业务投资。国内油气勘探开发投资创新高,新增石油探明地质储量 13亿吨,在陆上深层超深层、非常规油气、深海深层油田等领域取得重要成果。
  根据《2023年油气行业发展报告》预测,2024年,预计全球勘探开发投资同比增长120亿美元,增长2.1%,2024年布伦特原油均价将为75—80美元/桶。得益于全球油气行业复苏以及油气行业勘探开发投入持续增长,国际油田装备和服务市场发展趋势持续向好。为公司油田装备和服务业务的稳定发展,提供了保障。
  与此同时,国际上主要能源国家,能源政策呈现“能源转型加速化、产业补贴普遍化、能源治理阵营化、技术路线多元化”的特点,绿色能源投资持续增长,全球可再生能源装机突破历史新高,国际石油巨头也在积极探索低碳业务和油气业务协调发展模式,低碳业务进入重效益的发展阶段。国内石油公司也在不断加快推动油气行业绿色转型,通过发展风、光、电、氢能和CCUS新产业,实现油田行业绿色化、低碳化。
  2023年3月国家能源局印发《加快油气勘探开发与新能源融合发展行动方案(2023-2025年)》,旨在推动油气行业向绿色低碳方向发展,明确了“通过油气促进新能源高效开发利用,满足油气田提高电气化率新增电力需求,替代勘探开发自用油气”、“加快开发利用地热、风能和太阳能资源,创新能源供需动态匹配核心技术和工作模式,积极推进环境友好、节能减排、多能融合的油气生产体系,努力打造‘低碳’‘零碳’油气田”等任务目标。2024年3月国家能源局关于印发《2024年能源工作指导意见》提出:“能源结构持续优化;非化石能源发电装机占比提高到55%左右;风电、太阳能发电量占全国发电量的比重达到17%以上;天然气消费稳中有增,非化石能源占能源消费总量比重提高到18.9%左右;终端电力消费比重持续提高”等主要目标。随着国际上主要能源国家能源政策的明确,我国对新能源与油气生产结合政策的持续加码以及石油巨头对油气行业绿色转型的探索,将推动油田新能源行业的发展,增加了公司的行业机会,促进公司新能源业务发展,有助于公司产业升级转型。
  2、公司未来发展展望
  2023年公司非公开发行工作获得中国证监会同意批复,限制性股票激励计划首次授予登记完成,公司治理结构日趋完善,营收规模创历史新高。2024年,公司将启动“低碳与数字战略”,致力于推动绿色低碳发展,加强数字化转型,强化新质生产力发展,主动融入新一轮全球化浪潮,加速推进传统能源与新能源融合升级,为全球能源发展贡献更多海默力量。
  (1)强化优势板块,提高企业整体资源利用效率
  近年来,国际油田装备和服务市场受益全球油气市场信心的恢复,发展趋势持续向好,集团层面的经营数据也体现出了这一趋势。公司立足于长远发展,将继续强化多相流、智能完井、压裂设备等优势业务板块资源支持,促进业务规模持续、稳定增长。对于低效业务板块与产能,通过丰富产品应用场景、产业升级、业务外延等方式,进行业务板块的优化与产能释放,从而提升公司整体资源利用效率,保障公司业绩的稳定增长。
  (2)坚持“出海”战略,主动融入新一轮全球化浪潮
  发挥公司营销和服务渠道优势,坚持推进公司各业务板块出海战略。保持多相计量产品和服务业务在中东和国内海洋油田传统市场占有率,丰富非常规油气井多相计量产品和服务应用场景,通过积极参与国际市场竞争、主动对接国际头部油服公司,促进业务量的增长。保持对压裂设备及相关服务业务,井下测/试井及增产仪器、工具及相关服务的资源投入,巩固前期市场开拓成果。利用公司品牌优势、营销优势,对接国内油田装备企业、新能源企业,尤其是氢能产业链相关企业,资源共享,丰富公司产品种类,搭建能源产品平台,丰富产品使用场景,推动现有业务转型升级,为全球客户提供更加先进可靠的传统能源、新能源开发解决方案,进而提升海外市场的发展。
  (3)拥抱“低碳”,“数字”赋能
  2024年公司将启动“低碳与数字战略”,依托自身多年的技术积累与营销资源优势,把握油气行业绿色低碳和数字化转型的机遇,加速推进油气等传统能源与新能源融合升级。为推动新能源业务的发展,公司成立了子公司海默新征程能源科技(北京)有限公司、公司下属子公司思坦仪器利用自身油田业务优势组建了低碳事业部,专注于油气田场景的新能源业务拓展,助力客户能源转型和可持续发展,实现客户低碳、高效、可持续地作业目标,为公司的稳定、可持续发展注入新的动力。
  3、公司可能面对的风险
  (1)境外经营及对外贸易风险
  国际政治经济形势复杂多变,中东、非洲等地区部分产油国的政治、经济形势仍旧不太稳定,俄乌冲突、巴以冲突、红海危机对全球能源、产业和供应链等带来严重冲击。同时世界范围内的“贸易战”时有发生,关税等贸易壁垒不断增加,使公司海外经营的环境变得更为复杂。公司拥有部分海外资产,部分主营业务收入来自海外,2021-2023年公司境外业务收入占营业总收入比例分别为24.48%、33.07%和33.11%。如果境外经营环境及贸易政策发生不利变化,将对公司海外业务的持续经营和稳定带来不利影响,海外资产也将存在资产损失的风险。
  应对措施:加强海外业务管控,在市场区域选择上充分考虑安全因素,以规避地缘政治等相关风险;不断开拓新市场,降低对局部单一市场的依赖;和客户保持密切沟通,采取多种措施降低贸易风险。
  (2)汇率风险
  本公司的产品和服务在国内外市场均有销售,汇率变动对本公司收入和利润的影响较为显著。报告期,公司主营业务收入中海外部分得到较快增长,如果人民币和前述地区货币汇率在未来波动幅度较大,将对公司的经营业绩产生直接影响。
  应对措施:持续推进技术更新,加大产品创新力度,不断提高产品核心竞争力,通过增强技术实力来提高产品的定价能力;进一步开拓国内陆地及海洋市场,增加人民币收入在营业收入中的占比;使用电子化结汇工具,尽可能在汇率高点进行结汇操作;择机使用外汇市场金融工具对敞口风险进行管理,通过风险对冲降低汇率因素对公司带来的不利影响。
  (3)国际油价波动加剧的风险
  报告期,国际油价在 65-97美元/桶的区间范围内震荡,虽然波动比较大,总体来看仍维持在相对较高的价格水平上。国际油价的变化影响油气行业的景气度和需求的变动,公司油田设备销售、油田服务业务均和油价走势有一定的正相关性,过低的油价将会抑制或延迟石油公司的勘探开发业务的资本性支出、降低对公司油田设备和相关技术服务的需求,进而将会对公司的经营发展带来不利的影响。
  应对措施:根据国际经济形势及原油价格走势,及时调整生产计划,通过各种方法降低作业成本,提高生产效率;根据油价周期性波动的特征,及时调整产能和库存结构,在行业低谷时进行一定的资源储备;探索和应用各种金融工具对冲风险。
  (4)主营业务季节性特征风险
  因所属行业特性,公司的主营业务呈明显的季节性特征,2017年并购思坦仪器之后,公司主营业务的季节性特征更加明显,即上半年形成的主营业务收入和净利润明显低于下半年的金额,占全年营业收入和净利润的比重较小,甚至利润可能为负。这种突出的主营业务季节性特征可能导致公司第一季度和半年度业绩出现亏损,影响投资者对公司的价值判断。
  应对措施:加大国内外市场开拓力度,降低客户集中度;对全年的生产进行优化调整,保证客户订单按时交付;加强供应链管理,和供应商、客户积极沟通,优化结算模式。
  (5)技术研发风险
  公司生产的油气装备属于技术附加值高、资金密集型的产品,产品研发投入大、研发周期长。随着新技术和新的竞争者不断加入市场,公司面临的挑战增多,需要准确把握行业和技术发展趋势,不断地增加研发投入,实现技术持续更新,研发具有更高性能和更低成本的产品来保持市场地位。但是,尝试更高难度的技术研发将增加研发成本,降低研发成功率,使得研发风险提升。
  应对措施:公司建立了海默研究院作为技术创新平台,通过整合母公司及各子公司的研发资源,挖掘更多技术人才;以市场为导向,合理规划研发资金的投入,加快研发项目的进度,提高研发水平;积极开展对外技术合作,申报国家科研项目,通过各种渠道获得科研经费支持。
  (6)财务风险
  公司面临的财务风险主要有两个方面,一是随着公司新产品新市场的开拓促进业务收入的增长,使得流动资金需求增加,公司短期银行贷款规模增加,财务费用和到期偿付压力有所增加;二是公司主营业务具有季节性特征,收入确认主要集中在下半年,客户结算周期基本都大于六个月,因此导致报告期末公司合并财务报表形成较大金额的应收账款,占流动资产比例较高,存在应收账款不能按期收回的风险。
  应对措施:积极推动非公开发行等股权融资手段,补充公司长期资本金;提高资金使用效率,合理调配公司现有资金,积极考虑运用财务杠杆解决部分运营资金;与国内金融机构建立完善的融资支持和便利化服务体系;公司客户多为国内外大型石油公司,应收账款可回收性较强,公司将通过加强应收账款管理和催收力度,确保应收账款如期收回。 收起▲

产品价格

数据截至(20240430)
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20240430,5.83,1.99,0,-1.9211822660098,20240430
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