Anton Oilfield Services Group (3337) AI Stock Analysis

• Market Cap: HK$3.44B
• Dividend Yield: 3.59%
• Average Volume (3M): 13.27M
• Price to Earnings (P/E): 10.4
• Beta (1Y): 0.62
• Revenue Growth: 10.16%
• EPS Growth: 49.48%
• Country: HK
• Employees: 6,754
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 0.07
• Shares Outstanding: 2,888,262,000
• 10 Day Avg. Volume: 25,940,410
• 30 Day Avg. Volume: 13,269,381
• PEG Ratio: 0.23
• Price to Book (P/B): 0.46
• Price to Sales (P/S): 0.34
• P/FCF Ratio: 1.37
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 75 Outperform
• Price Target: HK$1.50 ▲(78.57% Upside)

Score is driven primarily by strong financial performance (improving margins and very strong cash flow) and supportive valuation (low P/E with a dividend). Technicals are a meaningful offset because momentum appears overbought, increasing near-term reversal risk despite an overall uptrend.

Positive Factors

Cash generation

Very strong cash conversion and a 68.4% rise in free cash flow provide durable funding for maintenance capex, tech investment, debt servicing and dividends. Robust operating cash flow versus earnings reduces refinancing risk and supports strategic reinvestment through cycles.

Improving profitability

Rising gross and net margins with stable EBIT/EBITDA indicate improving operational efficiency and pricing power in service lines. Sustained margins enable reinvestment in high-return services, support resilient free cash flow, and strengthen long-term competitiveness.

Integrated service market position

Broad integrated offerings across drilling, completion and production enhancement plus partnerships with major oil companies create cross-sell opportunities and contract stickiness. This diversified service mix supports recurring revenue and a defensible market position over multiple cycles.

Negative Factors

Low net profitability

Although improving, a 5.1% net margin is modest for sustaining large capital needs in oilfield services. Thin net margins leave limited buffer against cost inflation or pricing pressure, constraining retained earnings for growth and increasing sensitivity to adverse shocks.

Cyclicality / oil price exposure

Demand for drilling and completion services is structurally tied to E&P capex and oil prices. Prolonged low-price periods can curtail activity and utilization, making revenue and margin performance volatile and complicating medium-term investment and workforce planning.

Moderate leverage and limited equity cushion

A 0.7 debt/equity and 34.2% equity ratio indicate moderate leverage and a smaller equity cushion. This reduces financial flexibility for large new projects or prolonged downturns, potentially raising refinancing or covenant risks and limiting capacity for aggressive growth investments.

Anton Oilfield Services Group Business Overview & Revenue Model

Company Description

Anton Oilfield Services Group (3337) is a leading provider of integrated oilfield services in China and internationally. The company operates primarily in the oil and gas exploration and production sectors, offering a comprehensive range of services including drilling, well completion, production enhancement, and oilfield technical services. Anton Oilfield Services leverages advanced technologies and expertise to support clients in improving operational efficiency and optimizing resource extraction.

How the Company Makes Money

Anton Oilfield Services generates revenue through multiple streams related to its service offerings in the oil and gas industry. Key revenue streams include fees for drilling services, well completion services, and production enhancement services. The company also earns income from technical consulting and project management services. Significant partnerships with major oil and gas companies enhance its service delivery capabilities and expand its market reach, contributing positively to its earnings. Additionally, fluctuations in global oil prices can impact demand for its services, influencing revenue generation.

Anton Oilfield Services Group Financial Statement Overview

Summary

Strong overall fundamentals: revenue grew 7.2% (2023–2024), profitability improved (net margin 5.1%; gross margin 29.5%), and cash generation is robust with free cash flow up 68.4% and high cash conversion (OCF/net income 5.5). Balance sheet leverage is manageable (debt-to-equity 0.7) with improving ROE (6.9%).

Income Statement

Anton Oilfield Services Group has shown a solid growth trajectory with revenue increasing 7.2% from 2023 to 2024. Gross profit margin improved to 29.5% in 2024. The net profit margin rose to 5.1%, indicating stronger profitability. EBIT and EBITDA margins are stable at 13.8% and 20.5%, respectively. The company's consistent revenue growth and profitability improvements reflect a strong competitive position in the industry.

Balance Sheet

The company's balance sheet shows moderate financial health with a debt-to-equity ratio of 0.7, indicating a manageable level of leverage. Return on equity improved to 6.9%, demonstrating better utilization of shareholder investments. The equity ratio stands at 34.2%, which suggests a stable capital structure, although there is room for improvement in asset financing through equity.

Cash Flow

Anton Oilfield Services Group exhibited strong cash flow performance with a 68.4% growth in free cash flow from 2023 to 2024. The operating cash flow to net income ratio is robust at 5.5, highlighting efficient cash generation from operations. Free cash flow to net income ratio of 4.8 reflects strong cash conversion, supporting future investments and debt servicing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.21B	4.75B	4.43B	3.51B	2.92B	3.09B
Gross Profit	1.50B	1.40B	1.32B	999.81M	902.26M	809.82M
EBITDA	1.02B	976.86M	950.10M	995.68M	765.29M	738.67M
Net Income	301.92M	242.65M	196.51M	293.81M	72.22M	-95.84M
Balance Sheet
Total Assets	10.05B	10.22B	9.81B	7.98B	8.15B	7.88B
Cash, Cash Equivalents and Short-Term Investments	3.48B	2.19B	2.94B	1.26B	1.71B	879.09M
Total Debt	1.98B	2.46B	2.48B	2.12B	2.98B	2.99B
Total Liabilities	6.35B	6.61B	6.39B	4.68B	5.32B	5.12B
Stockholders Equity	3.58B	3.50B	3.19B	3.08B	2.69B	2.63B
Cash Flow
Free Cash Flow	1.15B	1.17B	692.85M	749.99M	530.59M	627.89M
Operating Cash Flow	1.35B	1.33B	916.78M	979.96M	757.25M	805.37M
Investing Cash Flow	-263.56M	-186.25M	-276.98M	-343.10M	-221.24M	-169.92M
Financing Cash Flow	-1.12B	-549.93M	211.83M	-1.13B	-232.11M	-2.16B

Anton Oilfield Services Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.84
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3337, the sentiment is Positive. The current price of 0.84 is below the 20-day moving average (MA) of 0.93, below the 50-day MA of 0.88, and below the 200-day MA of 1.15, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 70.09 is Negative, neither overbought nor oversold. The STOCH value of 83.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3337.

Anton Oilfield Services Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3337	75 Outperform	HK$3.44B	10.37	8.78%	3.59%	10.16%	49.48%
3303	66 Neutral	HK$1.29B	17.93	2.87%	2.83%	-59.96%	-83.53%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
2178	58 Neutral	HK$131.23M	-4.50	-16.54%	―	-36.59%	48.63%
0568	50 Neutral	HK$6.58B	-30.56	-20.65%	―	17.21%	59.09%
1623	48 Neutral	HK$396.97M	-1.08	-11.09%	―	-2.11%	-779.00%
1921	43 Neutral	HK$9.20B	-374.85	-1.68%	―	4.66%	-432.65%

Anton Oilfield Services Group Corporate Events

Anton Oilfield Services Sees Q4 Orders Dip but Ends 2025 with Robust Backlog

Anton Oilfield Services Group reported that new orders in the fourth quarter of 2025 fell 20% year-on-year to RMB2.08 billion, reflecting a high comparison base in Iraq due to a large five-year integrated project won in the prior year and delayed tender schedules in China, partly offset by a more than fivefold surge in orders from other overseas markets. Operationally, major oilfield projects in Iraq and other key regions progressed steadily, including completion of an oilfield power station O&M delivery, milestones at the Dhufriyah project, a first sand control well in North Africa, and continued build-out of a Malaysia gas utilization project, supporting a substantial year-end order backlog of RMB16.76 billion that underscores sustained medium-term activity despite quarterly volatility in global energy markets and customer bidding cycles.

The most recent analyst rating on (HK:3337) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on Anton Oilfield Services Group stock, see the HK:3337 Stock Forecast page.

Anton Oilfield Services Sets Three-Year Plan to Build Global Energy Asset Service Platform

Anton Oilfield Services Group has unveiled a three-year strategic plan and a 2026 guideline aimed at evolving into a global leading integrated service platform for oil and gas asset value enhancement, and eventually broader energy assets. The strategy emphasizes phased upgrading of its positioning—from an innovative, globally leading integrated oilfield technology company by 2025, to an oil and gas asset value enhancement platform by 2030 and beyond—while building a platform-based ecosystem with clear governance, open capital management, and rapid innovation structures. Operationally, the group will deepen client-driven integrated solutions across three core segments, doubling early indicators in its traditional oilfield technical services, and aggressively expanding its fast-growing intelligent management services over the next five years, signaling a push for higher scalability, stronger international presence, and greater resilience in a shifting energy services landscape.

The most recent analyst rating on (HK:3337) stock is a Buy with a HK$1.00 price target. To see the full list of analyst forecasts on Anton Oilfield Services Group stock, see the HK:3337 Stock Forecast page.