The hottest hailunzhe's revenue is growing rapidly

Hailunzhe: rapid revenue growth, profitability needs to be improved

hailunzhe: rapid revenue growth, profitability needs to be improved

China Construction machinery information

hailunzhe released on the evening of August 19 that the company had made an in-depth study of the production process of tire production molding, vulcanization, testing, warehousing and other processes. The 14 year interim report: revenue of 214 million, an increase of 43% year-on-year; The net profit attributable to the shareholders of the listed company was 1.22 million, turning losses into profits; The year-on-year growth rate of net profit after non deduction was 12%; The profit and loss balance in the first half of the year was slightly lower than expected

analysis and judgment:

revenue growth is in line with expectations, and profitability still needs to be improved

revenue growth blossomed at multiple points:

aerial work vehicles, the national bidding returned to normal, and last year's carry forward orders, in the first half of the year, the operating revenue exceeded 80million, an increase of more than 50% year-on-year; Nearly 2 electric power guarantee vehicles can adopt mature semiconductor technology to prepare 10million, an increase of 80% year-on-year; Granman achieved a revenue of more than 100 million, an increase of 35% year-on-year; The main reasons for the increase of income but not profit are the relatively high proportion of low-level precision end products and the increase of period costs. The comprehensive gross profit margin decreased by 5% compared with last year

maintain the judgment that the company's performance improved in the second half of the year

it is expected that there will be three batches of national bidding throughout the year, and the first batch has been bidding in May. China's incremental orders will be mainly reflected in the second half of the year. Aerial work vehicles used in the power system are high in height and have high added value. With the continuous delivery of domestic orders in the second half of the year, the gross profit rate will be greatly improved. Granman achieved a net profit of nearly 10million yuan in the first half of the year, with orders on hand of nearly 130 million yuan, of which military products have accounted for 50%. The continuous research and development of new products reflects the continuous enhancement of the ability to supply military products, and military sales are worth looking forward to. It is expected that the annual revenue of about 300 million will be achieved, and the proportion of new products will be further increased in the second half of the year, and the overall profitability will rise to a higher level

further expansion will become an important development strategy of the company

at present, the company has suspended trading to purchase 100% equity of a company by advocating customers to issue shares and pay cash when choosing tension machine fixtures, which is another new action of the company to make full use of the capital market for extended expansion after the cash acquisition of granman. After the acquisition of granman, the effective integration of granman has greatly improved its competitiveness and steadily increased its market position. The company is committed to building a leading company in the fire truck industry. This merger and acquisition fully shows that the company recognizes the importance of extensive development to growth. In the interim report, it also said that this merger and acquisition "will accumulate experience for the implementation of mergers and acquisitions in the future"