According to the announcement, during the reporting period, the macroeconomic situation at home and abroad tightened, the drilling footage decreased, and the related costs increased, resulting in a decrease in the return on net assets and gross profit margin. The company faced more severe operational challenges.
In the first half of this year, the revenue of petroleum machinery business of Jiangdeng Co., Ltd. decreased by 23.11% year-on-year to 523 million yuan, and the gross profit margin decreased by 8.41% to 21%. For the purchase of drill bits, because it is a Sinopec system company, there are certain advantages in equipment procurement.
During the reporting period, Jiang Diamond's diamond drill bit gradually cultivated a good competitive advantage. The order in the first half of the year has exceeded the level of last year; the screw drill product technology has gradually matured and the demand has been expanding; the compressor product prospect is good. The comprehensive strength has been verified in Daniudi and other projects; the demand for washing trucks in machinery factories has increased; the Chengdejiang Drilling Device will strive to be successfully tested in the Jiaoshiba work area and open up new markets.
At the same time, the company's natural gas industry also has strong test production service capabilities; the company seized the opportunity of Fuling shale gas development, successfully explored the project team model of integrated production and sales; implemented the whole well contracting service of the drill bit product portfolio, Good results; the company's production of steel body PDC bit and equal wall thickness screw combination in the coke dam hit the highest record.
According to industry research, in recent years, Jiang Diamond Co., Ltd. has worked hard to consolidate the domestic leading position of the roller bit industry, speed up the development of screw drilling tools and diamond bit industry, explore new fields of marine oil and gas equipment, develop petroleum machinery products such as natural gas compressors, and petroleum equipment. The product range continues to expand, and the future development of companies in these areas has prospects.
In addition, a person from Jiang Diamond Co., Ltd. said to the Great Wisdom News Agency in the first quarter that the rise of unconventional oil and gas in China will support the company's performance. The company has orders for unconventional oil and gas, but because of the relatively small amount of unconventional oil gas, Support for the company's performance is not obvious.
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