The net profit of Huada Intelligent manufacturing fell sharply

1900/27-01-00 For the reasons for the sharp decline in net profit in 2023, Huada Intelligent Manufacturing mentioned: first, the shrinking demand for laboratory automation products led to a sharp decline in the corresponding product revenue, and the overall gross profit contribution decreased; Second, changes in market demand led to an increase in the company’s asset impairment loss compared with the same period last year; Third, the company continued to increase investment in the research and development of new products and new technologies, and promoted the research and development and industrialization of products, resulting in an increase in research and development expenses compared with the same period last year; Fourth, the company adheres to the domestic, global layout, increased the construction of marketing network and market expansion efforts, resulting in an increase in sales expenses over the same period last year.

Specifically, affected by the fading of the epidemic dividend, the demand for laboratory automation products shrank in 2023, resulting in a sharp decline in the corresponding product revenue of BDA Manufacturing and a decline in the overall gross profit contribution. At the same time, the announcement of asset impairment reserve issued by Huada Wisdom said that the total asset impairment loss and credit impairment loss confirmed by the company in 2023 was 274 million yuan, which is also one of the main reasons for the expansion of the company’s annual loss, in addition, the company’s research and development investment continues to increase, the first three quarters of 2023, The research and development investment of BDA Intelligent manufacturing totaled 642 million yuan, an increase of 22.24%. In terms of these three influential factors, the loss gap caused by the high base is understandable, the high R&D investment is caused by the attributes of the life science research tool company, the extinction of the epidemic dividend is an established fact, and the adequacy of the company’s related asset impairment provisions is the main concern.

1900/27-01-00 From the comparison of net profit data in the past two years, it can be seen that 17 of 41 enterprises have positive growth in net profit, and 24 enterprises have negative growth in revenue. Among them, the net profit attributable to shareholders of listed companies of Bichuang Technology has increased by 774.55%; The net profit attributable to shareholders of listed companies of Kehua Biology, Huada Intelligent Manufacturing, Yirui Biology and Phoenix Optics fell by more than 100% year-on-year, and the net profit of Phoenix Optics fell by 5005.79% year-on-year.

The net profit of Bichuang technology increased by 774.55%

1900/27-01-00 During the reporting period, facing the challenges of market changes and competition, the main reason for the substantial growth of the performance of Bitron Technology is to focus on the field of smart sensors and optoelectronic instruments, on the one hand, optimize the business structure, increase research and development investment and market development efforts, continue to improve the competitiveness of the product matrix, expand new applications; On the other hand, we optimized the structure of assets and liabilities, strengthened internal management, and improved operational efficiency. The net cash flow generated by operating activities for the year was 96 million yuan, and the asset-liability ratio at the end of the period was 20.10%.

In the field of scientific research, Bichuang Technology has launched a series of new products to benchmark international first-line brands, and in the industrial field, it has launched a series of products such as intelligent fast inspection, new semiconductor material diagnosis, crop growth analysis, precision displacement and positioning. Smart sensing yuan 278 million, an increase of 37%, mainly used in intelligent manufacturing, oil fields, coal, ships and other fields; Precision optical machine 90.26 million yuan, an increase of 10%.

During the reporting period, the company and its wholly-owned subsidiary Zhuoli Hanguang were selected into the list of specialized new “little giant” enterprises, and the technical performance indicators of wireless sensor network series products, intelligent temperature and vibration sensors, general grating spectrometer, fluorescence spectrum, Raman spectrum, hyperspectrum and other products independently developed and produced reached a higher level in China, further boosting the company’s performance growth.