Solar power plant EPC and wei co 2019 earnings analysis: high-power laser cutting machine sales double export orders increased by 27%

In 2019 China's economic development is faced with more complicated external environment and internal conditions, difficulties and challenges increased obviously. The global economic and trade frictions, the protectionism intensified; Domestic market growth slowing quarter by quarter, the downward pressure continues to increase. In this context, Jiangsu Yawei Machine Tool Co. , Ltd2019 down 4 compared with 2018 in annual sales. 22%, 14. 6. 8 billion yuan; Net profit year-on-year also reduce 12. 97% to 0. 9. 7 billion yuan; And the area of the gateway shares the three main business to some extent.

the power of laser processing equipment main products including two-dimensional laser cutting machine, 2 d laser flexible cutting unit, 3 d laser cutting systems, laser cutting equipment, laser welding system and automation of complete sets of production lines; Precision laser processing equipment, etc.

in 2019, laser processing equipment market growth is slowing, further intensified market competition. The stake in depth excavation market demand, solar net, all-around develop laser industry chain, eventually laser processing equipment business revenue of 4. 2, 4. 6 billion yuan more than 2018 years. 41%, gross margin is 24. 84%. Including 1 export orders. 4. 8 billion yuan, up 27% from a year earlier, the solar energy network, maintain the momentum of high growth; South America, Europe, Africa regional orders increased by 50%, 113% and 1008% respectively.

high power laser machining equipment in steel, curtain wall, such as car industry market share rising steadily, more than 8 kw and ultra high power two-dimensional laser cutting machine sales volume for multiply, 20 kw laser cutting machine in the domestic first successful delivery customer normal use, laser cutting automation processing unit achieve sales growth beyond three times throughout the year; Laser cutting machine, plate, pipe cutting machine sales in batches, solar panels, for the laser cutting equipment sales growth has laid a solid foundation; Three-dimensional five-axis laser cutting machine into the auto parts industry, open the thermoformed piece cutting processing market; Laser welding equipment successfully into the automobile fittings processing industry.

in addition, the shares by investing in mergers and acquisitions, and have flexible OLED panel industry leading laser processing technology of South Korea LIS of listed companies for strategic cooperation, promote high precision laser processing equipment, at the same time the company laser business chain from high power laser processing equipment to expand metal materials in the field of ultra-precision micronano laser processing equipment, photovoltaic (pv) grid, scale of future growth for the company to form a strong support.

in the product research and development, the shares finished third generation HLF, HLE the upgrade of laser cutting machine, and a further optimization program frame and process performance. Developed 20 kw high power large wide five-axis laser cutting machine, laser cutting machine, 3 d reloading the laser cutting machine, laser tube cutting machine and a series of new products, and successfully developed special-shaped tube laser welding equipment, in the plane, three-dimensional cutting, cutting profile machining, welding and other fields all-round broaden the product line, improve the market competitiveness.

the stake of metal forming machine tool business, main products include CNC bending machine, CNC turret punch press, CNC shearing machine host products and sheet metal flexible manufacturing automation equipment, such as rolled plate processing machinery automation of complete sets of production lines, such as the gateway shares business income of 9 metal forming machine tool business. 6 billion yuan year-on-year decline. 4. Gross margin was 71%, 31. 16%. The automation of complete sets of production line product revenue growth significantly, solar power grid, the annual operating revenue achieved 2. 8. 5 billion yuan, increased 10. 47%, improve the market share and influence, blanking compound machine and laser blanking line and other products to reach the first sales breakthrough.

company actively adopt a flexible sales strategy, strengthen the product of the whole value chain control, metal forming machine tool business profitability continues to strengthen, improve gross profit margins, sustained and healthy development for the company to provide a solid guarantee.