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    Home > Chemicals Industry > China Chemical > The net profit of Suao Sensing in the first three quarters was 69.3158 million yuan, down 1.52% from the same period last year;

    The net profit of Suao Sensing in the first three quarters was 69.3158 million yuan, down 1.52% from the same period last year;

    • Last Update: 2023-01-04
    • Source: Internet
    • Author: User
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    【Chemical Machinery and Equipment Network Star Enterprise】On October 21, 2022, Suao Sensing (300507) released the third quarter report of 2022, and the company achieved operating income of 689 million yuan in the first three quarters, a year-on-year increase of 22.
    21%; The net profit attributable to shareholders of the listed company was 69.
    3158 million yuan, down 1.
    52%
    from the same period last year.
    Among them, the operating income in the third quarter was 274 million yuan, a year-on-year increase of 40.
    58%; The net profit attributable to shareholders of the listed company was 25.
    4129 million yuan, a year-on-year increase of 18.
    48%.


     

    During the reporting period, the company's management expenses were 46,037,726.
    00 yuan, an increase of 33.
    68% over the same period of the previous year, mainly due to the increase
    in salaries.
    The asset impairment loss was 1,882,821.
    81 yuan, an increase of 1131.
    75% over the same period of the previous year, mainly due to the decrease
    in the price of inventory.

     
    According to the data, Suao Sensing is a high-tech enterprise dedicated to the research and development, production and sales of auto parts and automotive intelligent products and various automotive sensors, and its main products are divided into three categories, namely sensors and accessories, fuel system accessories and automotive interior parts
    .

     
    In recent years, with the rapid development of the automotive industry, especially the gradual growth of the new energy vehicle market, it has brought about the explosive growth
    of automotive thermal management demand.
    According to market research reports, with the upgrading of thermal management systems and the continuous increase in the penetration rate of new energy vehicles, it is estimated that the domestic thermal management market space of new energy vehicles will reach 52.
    1 billion yuan in 2025.


     
    On the same day, Suao Sensing announced that the company recently signed a memorandum of understanding with Han Ang System Co.
    , Ltd.
    , a South Korean listed company, and the two parties reached a preliminary intention
    to acquire 37.
    5% of the equity of Wuhu Bonaire Automotive Electrical System Co.
    , Ltd.
    held by Hanang.
    The price of the transfer shall be calculated on the basis of a valuation of 100% equity interest in the target company of RMB 450 million, and the Company undertakes to purchase 37.
    5% of the equity interest in Bonaire held by Hanon for RMB 169 million and agrees to complete the transaction in the
    future by further signing a definitive share transfer agreement ("ETA").

     
    Bonaire is mainly engaged in the development, design, production and sales of automotive air conditioning systems and engine thermal management systems and their components, including heat exchangers, HVAC assemblies and other thermal management system components
    .
    Customers cover many high-quality host manufacturers and parts suppliers
    .

     
    According to the content of this memorandum, the company's intention to acquire 37.
    5% of the equity of Bonaire held by Hanang will provide support for the company's layout in the automotive thermal management system market, help the company cut into the automotive air conditioning system, and the automotive thermal management industry track, provide support for the company's industrial chain extension and expansion capabilities, expand the company's market share in the auto parts sub-industry, and play a positive role
    in the sustainable development of the company's operating business.

     
    Original: Suao Sensing's net profit in the first three quarters was 69.
    3158 million yuan, down 1.
    52% year-on-year
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