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    Home > Chemicals Industry > China Chemical > Six listed electronic transformer industry companies disclosed their third quarter reports

    Six listed electronic transformer industry companies disclosed their third quarter reports

    • Last Update: 2023-01-05
    • Source: Internet
    • Author: User
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    【Chemical Machinery and Equipment Network Market Analysis】As of October 31, six electronic transformer industry enterprises such as Shunluo Electronics, Jingquan Hua, Mingpu Optomagnetic, Maijie Technology, Igor and Creek have successively announced their third quarter reports
    .
    The reporter sorted out the performance of
    these six electronic transformer industry enterprises.

     

    Shunluo Electronics:
     
    Shunluo Electronics released the third quarter announcement on October 30, the report showed that Shunluo Electronics' revenue in the third quarter of 2022 was 1.
    046 billion yuan, a year-on-year decrease of 10.
    29%; The total revenue in the first three quarters was 3.
    181 billion yuan, a year-on-year decrease of 8.
    49%.


     
    It is not difficult to see that Shunluo Electronics' revenue and profit have decreased
    year-on-year.
    In the third quarter report, Shunluo Electronics said that various factors such as repeated global epidemics and local wars have led to a sharp rise in the cost of commodities, materials, transportation, etc.
    , and the continuous downturn in consumption prosperity have brought great pressure to the development of the electronic transformer industry, affecting the normal development rhythm
    of Shunluo electronic transformer business.
    The communications and consumer industries are sluggish and in a state of continuous depletion, and market pressure in the communications and consumer industries
    persists.

     
    At the same time, Shunluo Electronics said that the goal of sustainable development in the future will not change due to market pressure, and Shunluo Electronics has laid out emerging electronic transformer industries
    such as automotive electronics, energy storage, photovoltaic, big data, industrial control, Internet of Things, and module modules in advance.

     
    Jingquan Hua:
     
    Jingquan Hua released the third quarter announcement on October 30, the report showed that Jingquanhua's revenue in the third quarter of 2022 was 676 million yuan, a year-on-year increase of 24.
    46%; The total revenue in the first three quarters was 1.
    787 billion yuan, a year-on-year increase of 33.
    56%.


     
    For the reasons for the year-on-year growth in Jingquanhua's revenue and profit, the reporter found in the semi-annual report released by Jingquanhua that it was mainly caused by
    the increase in product sales.
    According to the semi-annual report, Jingquanhua's existing products basically cover a full range of electronic transformer products
    in the fields of photovoltaic and energy storage, new energy vehicle electronics and consumer electronics.

     
    The report also revealed that Jingquan Hua has exported electronic transformer products to many countries and regions, and will further strengthen the promotion
    of Southeast Asia, Europe and North American markets.

     
    Mingpu Optomagnetic:
     
    Mingpu Optics released the third quarter announcement on October 25, the report shows that Mingpu Optomagnetics' revenue in the third quarter of 2022 was 612 million yuan, a year-on-year increase of 2.
    64%; The total revenue in the first three quarters was 1.
    722 billion yuan, a year-on-year increase of 2.
    84%.


     
    The reporter found through checking the 2022 semi-annual report of Mingpu Optomagnetics that Mingpu Optomagnetics has been laying out high-end electronic transformers, automotive electronics, charging piles, new energy photovoltaic power generation, energy storage and other fields since 2013, and has achieved a lot of research and development results
    in the field of electronic transformers.
    The report shows that Mingpu Optics has 213 valid patents, including 35 invention patents; 9 software copyright registrations; He has 13 papers and 61 registered trademarks
    .

     
    Maxjet Technology:
     
    On October 26, the third quarter announcement of Maijie Technology was released, and the report showed that the revenue of Maijie Technology in the third quarter of 2022 was 813 million yuan, a year-on-year decrease of -1.
    43%; The total revenue in the first three quarters was 2.
    405 billion yuan, a year-on-year decrease of -2.
    78%.


     
    For the reasons for the decline in revenue and profit of Maijie Technology, the reporter learned from the semi-annual report of Maijie Technology that the overall prosperity of the traditional advantage market of Maijie Technology - communication network and consumer electronics in the first half of the year was not high, although it has made good business breakthroughs in emerging markets such as new energy, servers, and the Internet of Things, it is still difficult to hide the current situation
    of year-on-year decline in orders.
    In addition, the insufficient utilization of equipment led to an increase in amortization of fixed costs, and the decline in product selling prices due to market influences further reduced the scale of profits
    .

     
    The report also revealed that Maijie Technology will reasonably tilt resources to electronic transformer industries such as automotive electronics, energy storage, photovoltaic, Internet of Things, and servers, and accurately cut into the demand gap
    of related industries during the intersection of the energy revolution and the computing revolution.

     
    Igor:
     
    Igor released the third quarter announcement on October 26, the report showed that Igor's revenue in the third quarter of 2022 was 668 million yuan, a year-on-year increase of 5.
    71%; The total revenue in the first three quarters was 2.
    056 billion yuan, a year-on-year increase of 33.
    8%.


     
    Igor pointed out in the semi-annual report that new energy products maintain the momentum of rapid growth, but due to the large proportion of Igor's export business in operating income, foreign markets are greatly affected by international politics, economic changes, exchange rate fluctuations and international trade conflicts and frictions, resulting in Igor's international operation facing certain risks
    .

     
    In addition, the reporter learned from Shanghai Securities News that Igor currently attaches importance to the development of new energy, and the high-frequency inductance applied in photovoltaic inverters and step-up electronic transformers for step-up grid-connected are Igor's key business, and this business has grown rapidly
    in recent years.
    At the same time, Igor said that it will continue to concentrate resources and increase investment in new energy products in
    line with the development trend of the electronic transformer industry.

     
    Creek:
     
    Clicker released the third quarter announcement on October 25, the report showed that Click's revenue in the third quarter of 2022 was 943 million yuan, a year-on-year increase of 119.
    87%; The total revenue in the first three quarters was 1.
    980 billion yuan, a year-on-year increase of 68.
    82%.


     
    The reporter checked the 2022 semi-annual report of Creek and found that in recent years, the company's electronic transformer sector has achieved remarkable research and development in the field of photovoltaic energy storage and charging piles
    .
    The company has formed a series of products
    such as boost inductors, inverter inductors, common-mode inductors, differential mode inductors, drive electronic transformers and auxiliary electronic transformers for photovoltaics.
    These magnetic components provide a strong guarantee
    for Click's profit growth.

     
    According to the report, the total half-year revenue of Clicker was 1.
    038 billion yuan, a year-on-year increase of 39.
    43%, and the reason for the good growth was mainly due to the increase
    in sales revenue of switching power supply and electronic transformer products.

     
    The report also revealed that 1KW high-power wide-range reliability charging technology and products have made breakthroughs, outdoor high-grade waterproof charging products and high-power miniaturized 220W adapters have been successfully mass-produced, and PD standard adapter series products have been successfully introduced to the market
    .

     
    Brief summary:
     
    From the third quarter financial reports of the six electronic transformer industry companies disclosed this time, we can find that Mingpu Optomagnetics, Jingquan Hua and Creek all achieved year-on-year increases in profits, while the profits of Shunluo Electronics and Meijie Technology in Igor fell
    year-on-year.
    Among them, Mingpu Optics and Jingquan Hua have greatly improved
    their profits in the first three quarters.

     
    It is worth mentioning that the six electronic transformer industry companies are all in the new energy market layout such as photovoltaic, energy storage, and new energy vehicles, and the companies have clearly stated that they will continue to increase the business
    of new energy electronic transformer products in the future.
    It can be seen that the current new energy market has become an important direction
    for the layout of the electronic transformer industry and future development.

     
    At present, affected by factors such as high inflation, geopolitical conflicts and repeated epidemics, the traditional application fields represented by communication networks and consumer electronics in the electronic transformer industry continued the slow development trend
    in the second half of last year.
    At the same time, new energy-related fields represented by automotive electronics, photovoltaics and energy storage have provided a broad market space and development opportunities
    for the industry with the global initiative to fully implement the "carbon neutrality" commitment.
    In short, the industry is in a difficult period
    where difficulties and opportunities coexist.

     
    Original: Six listed electronic transformer industry companies disclosed their third quarter reports
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