Financial Report Analysis of Chinese Automation Enterprises in 2017

OFweek Industrial Control Network News While the military parade for the 90th anniversary of the founding of the army ignited the patriotic enthusiasm of the Chinese people, it was also the day when the listed companies in the domestic automation industry gathered together to announce their quarterly financial reports. Through the financial report data, people in the industry can intuitively understand the profit and loss status of major companies, so as to grasp the trend of industry development, and make plans for the next stage of development that meet market needs. Below, the author conducts an inventory analysis of the financial reports announced by major companies to see how the latest “harvests” of domestic automation companies are.

The enterprises summarized this time include six categories, namely control category (Hollysys, Delta Electronics, Ancon Technology, Xinjie Electric), drive category (Inovance Technology, INVT, Estun, Lanhai Huateng), Electrical (Xuji Electric, Zhongyeda), integration (Haide Control), communication (Dongtu Technology), equipment (Han’s Laser, Xugong Machinery), a total of 14 enterprises.

Hollysys: A total of $15.6 million was recorded in the third quarter, and the company expects full-year revenue to be between $480 million and $520 million.

Delta Electronics: Delta Electronics’ accumulated consolidated turnover from January to June 2017 was NT$102.398 billion, an increase of 2% compared to the accumulated consolidated turnover of NT$100.273 billion from January to June 2016.

Ankong Technology: In the first quarter of 2017, its operating income was 102 million yuan, and its net profit attributable to shareholders of listed companies was 18.31 million yuan, a decrease of 20.07% over the previous year.

Xinjie Electric: The 2017 interim report showed that its operating income was 222 million yuan, and the net profit attributable to shareholders of the listed company was 63.96 million yuan, an increase of 50.92% over the previous year.

Huichuan Technology: It is estimated that the company’s net profit from January to June 2017 is 389 million yuan to 447 million yuan, compared with 389 million yuan in the same period last year, a year-on-year change of 0.00% to 15.00%.

INVT: In the first quarter of 2017, the operating income was 344 million yuan, and the net profit was 80 million yuan.

Eston: From January to March 2017, the operating income was 135 million yuan, a year-on-year increase of 40.78%, and the net profit attributable to shareholders of the listed company was 13.3813 million yuan, a year-on-year increase of 162.1%.

Blue Ocean Huateng: The first 2017 interim report performance forecast, the company’s performance has increased slightly, and the estimated net profit is about 69 million yuan to 75 million yuan, with a change range of 2.02%-10.89%.

Haide Control: In the first half of 2017, the company’s operating income was 829.3336 million yuan during the reporting period, a year-on-year increase of 7.93%.

Xuji Electric: Net profit in the first quarter of 2017 was 50 million, a year-on-year increase of 39.4%.

Zhongyeda: In the first quarterly report of 2017, during the reporting period, the company achieved operating income of 1.307 billion yuan, a year-on-year increase of 10.08%; net profit was 83.4552 million yuan, a year-on-year increase of 142.63%.

Dongtu Technology: In the first half of 2017, the company’s net profit is expected to be 41.0474 million yuan to 48.5105 million yuan from January to June 2017, compared with 37.3158 million yuan in the same period last year, a year-on-year increase of 10.00% to 30.00%.

Han’s Laser: The 2017 interim report shows that its total operating income was 5.536 billion yuan, an increase of 77.3% year-on-year, and its net profit was 914 million yuan, an increase of 128.75% year-on-year.

Xugong Machinery: The net profit attributable to shareholders of listed companies in the first half of the year was 500 million to 600 million yuan, compared with a profit of 127 million yuan in the same period last year.

It can be seen from the financial report data that most companies such as Delta Electronics, Xinjie Electric, INVT, and Hyder Control are in a profitable state, and some companies such as Estun and Zhongyeda are very profitable. From this, it can be seen that China’s automation industry The development trend is good, and the market can tap huge potential; at the same time, it can be seen that the net profit of some enterprises such as Ankong Technology has shrunk. The reason must be related to business activities, and corresponding adjustments can be made in the development plan to reverse the trend. downturn.

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Published on 01/09/2023