Smart energy releases 2018 interim results with great development prospects

On June 9, smart energy released the announcement of interim performance pre-increase in 2018. It is estimated that the net profit of smart energy in the first half of the year will be between 180 million yuan and 230 million yuan, which is about 67% to 113% higher than the same period last year. The net profit of non-parent deduction is about 170 million yuan to 210 million yuan, with a year-on-year growth of 105% to 153%.

The announcement shows that the substantial growth of smart energy performance mainly benefits from the quality and brand dividend brought by the country's strategic transformation. Its secretary to the President said that the leading product of smart energy, the only far east cable in the industry with "national quality award" and "top 100 Chinese brands", is favored by customers both inside and outside the industry.

In addition to the continuous recognition of smart energy quality and brand in the market, the performance has increased significantly. The main reasons are as follows:

In terms of improving market share, smart energy continuously practices the customer-oriented value concept, attaches great importance to strategic partners, and continuously expands strategic cooperation, so as to achieve greater market coverage.

In terms of stabilizing profits, we should further strengthen cost control, improve the budget management system, reduce the operating expenses of smart energy, and increase the proportion of open contracts to avoid the impact of price fluctuations on corporate profits.

The main way to improve profitability is to build a centralized procurement platform and reduce procurement cost by integrating supply chain management. And further improve the production process, reduce the consumption of raw and auxiliary materials, improve the rate of superior products to achieve.

During the report period, smart energy actively laid out the smart energy system and ecological service system centering on "leading energy Internet", adhered to endogenous growth, extended merger and acquisition, constantly reinforced business, and created the service mode of the whole industrial chain system.

In the new energy battery business segment, the industry concentration trend is gradually obvious this year, and the market share will also be concentrated. Smart energy said it will continue to build a battery industry with a total capacity of more than 12GWh in yichun, jiangxi province, and yixing, jiangsu province, this year, which mainly consists of cylindrical batteries, soft-pack batteries and square aluminium-coated lithium batteries.

At the same time, smart energy will expand its market development in digital, two-wheeled, low-speed four-wheelers, especially among first-tier brands. Secretary dong said that smart energy has enhanced its quality and brand influence in the intelligent manufacturing industry of power products, and its business scale has grown steadily. In order to maintain the profitability of future business orders, he said that in the future, we will strengthen internal cost control, pay attention to the analysis of raw material price trend, and make timely response measures.

In the aspect of smart airport construction, after smart energy acquired Beijing jing hang 'an airport engineering co., LTD., the results of the merger and acquisition are remarkable, which are reflected in the first quarter statement. The first quarter report shows that the operating income of smart energy is 174 million yuan, up by 88.44% year on year. Net profit reached 26.5658 million yuan, up 86.32% year-on-year. Beijing jing hang 'an airport engineering co., ltd. has committed 143 million yuan in 2018 performance and expects its net profit to be no less than 150 million yuan in 2018.

From the perspective of industrial space and the endogenous growth momentum of smart energy, the major business segments of smart energy will maintain a sustained and stable growth in 2018. Each single point of business will cooperate with other businesses in the mode of multi-product coordinated sales, driving the scale growth of smart energy business and the improvement of profitability. Smart energy plans to achieve operating revenue of more than 20 billion yuan in 2018, and net profit target of more than 600 million yuan may be achieved.

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