A02B-0236-B542 The gross profit margin of listed enterprises is higher and the profitability is stronger

At present, the domestic industrial computer supply channels mainly come from China’s Taiwan and mainland manufacturers, and the market distribution is uneven, and some enterprises occupy an absolute market share. In 2017, due to the obvious price increase of upstream graphics processors and random access memory, the cost of raw materials for computer products increased rapidly;

Under the call of the Chinese government to innovate, the number of new small and micro enterprises and workshop enterprises in the industry has increased, which has intensified the competition and price competition in the industry.

From the perspective of gross profit margin of listed enterprises A02B-0236-B542  represented by industrial computers, Yanxiang intelligent gross profit margin is lower than Ruiming technology and Hengwei Technology, but it is still a good level, and the company’s gross profit margin fell to 13.59% in 2017, and recovered to 15.18% in 2018. In 2019, the company’s gross margin increased to 27.44%.

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From 2017 to 2019, the gross profit margin of Ruiming Technology was more than 40%, and in 2019 it was 43.56%; From 2017 to 2019, the gross profit margin of Hengwei Technology was more than 50%, and in A02B-0236-B542 2019 it was 54.49%. Overall, the gross profit margin of listed enterprises in the industry is high and the profitability is strong.

Comparison of gross profit margin of major listed industrial computer enterprises in China from 2017 to 2019

Through the analysis of the gross profit of the major listed industrial computer companies in Taiwan, it can be seen that the gross profit of the leading enterprise Advantech is at a high level, which is above 17,000 million new Taiwan dollars in 2016-2019, and shows an increasing trend year by year, reaching 21,099 million new Taiwan dollars in 2019.

From 2016 to 2019, the gross profit level of Linghua Technology was about NT A02B-0236-B542 $3000-4000 million, and it rose to NT $4288.87 million in 2019. In addition to Rongcheng Telecom, the gross profit level of the remaining enterprises is about 1000-2000 million new Taiwan dollars, the gross profit of Guangji Technology, Ixun Technology, Feijie Technology in 2019 has declined, and the gross profit of the remaining enterprises in 2019 has increased. Overall, the industry profitability level is good.

Comparison of gross profit levels of major listed industrial computer companies in Taiwan in 2019

The above data and analysis are referred to the “China Industrial Computer Industry Business Model Research and Investment Forecast Analysis Report” of Prospective Industry Research Institute.