The Soviet Union Only Sold 31 Million 480 Thousand Orders For 97 Sets Of Cover Machines, But The Delivery Date Will Be April?

The demand for masks has skyrocketed under the outbreak of the new crown pneumonia. The "national mask" has led many listed companies to cross border production of masks and other hardware equipment. The leading supplier of the global port handling equipment, Wuxi Huadong heavy machinery Limited by Share Ltd (hereinafter referred to as "East China Heavy Machinery") recently disclosed that the wholly owned subsidiary of Guangdong run Xing Technology Co., Ltd. had not produced any products before 2020. Cover machine products. At present, orders for mask machines are being put into operation and are expected to be mass produced in mid March of this year.


It is reported that run star technology is a professional high-end intelligent equipment manufacturing enterprise, national high-tech enterprise. Since 2017, the company has set up a professional automation team with a team size of over 60 people, specializing in the design and development of automatic functional components and automation application solutions. The products developed by ourselves include six joint robots, automatic processing units for smart phone components, flexible intelligent manufacturing units, and intelligent monitoring software for machine tools and Internet of things. At the same time, it has 1 software copyrights and 5 utility models patent related to the automation structure.


The mask machine is an automatic control device in terms of technical attributes. Through pneumatic, servo control and position control, a number of automatic control technologies such as pressing, cutting, splicing, encapsulation and so on are realized to achieve the production of finished mask.


As of February 24th, we have received 97 orders of masks machines, which are priced at about 31 million 480 thousand yuan, and the delivery date of these mask machines has been completed in 3-4 months. At present, the mask machine orders have been gradually put into operation and are expected to be mass produced in mid March. The company expects that the development of masks will not have a significant impact on the company's 2020 annual performance.


Pacific Securities analysts said that with the increase in the price of masks, the rate of return of masks has also increased. The price of disposable masks of 1 wool and 1 has reached 3 yuan. The original N95 masks, which cost 3 yuan, have risen to 20 yuan. According to the understanding, each mask machine produces 130, 1, 170 thousand days per minute, with a single price of 3 yuan, and 40-50 days on 1 days. The 3 day is 1 million 500 thousand yuan. If the price of the mask machine is 10 days, the delivery will be more than 1 million. The 25 day delivery is 40-50 yuan, and the investment recovery period is only 3 days.


The analysts estimate that the industry estimates that there will be nearly 10000 masks in the market in 2-3 months. At present, large scale companies have more than 1000 hands orders, and hundreds of small ones. Due to shortage of spare parts, there are some problems in delivery, but the supply chain of large companies has more advantages. Due to the large profit margins of masks, the delivery period is concentrated in 3 and April, which is expected to bring huge profits to the relevant listed companies in the first quarter.


According to public information, the East China heavy machinery company was founded in 1989 and is headquartered in Wuxi. After the establishment of the company, we completed the "75" project of the Ministry of communications, independently developed the first multi-purpose container gantry crane in China, and raised the domestic market share to the first. At present, the container handling equipment of our company has quayside bridge, rail crane, tyre crane and so on. It is mainly used in port container ship loading and unloading operation, railway container loading and unloading, container stacking yard stacking and tow truck loading and unloading, etc. After years of development, the company's port machinery products have not only covered major ports and ports in China, but also exported to hundreds of ports and ports in the world, including Singapore's port group, Busan port and other world-class ports, as well as the world's top port operators PSA, DPWorld and Hutchison Whampoa. A well-known supplier of port handling equipment.


Huadong heavy machinery is an intelligent manufacturing enterprise with the core of "port machinery + high-end CNC machine tools". Its revenue is mainly composed of three businesses, namely, the whole industry intelligent supply chain service, CNC CNC machine tools and container handling equipment.


In 2017, East China Heavy Machinery Co., Ltd. bought the leading enterprise of China CNC machine tool, run star technology, and formally entered the field of CNC NC machine tool manufacturing. Run star technology is one of the largest manufacturers of high-end CNC machine tools in Southern China. It has prominent advantages in the field of consumer electronics segmentation, and its market share is in the leading position. With the gradual arrival of the 5G era, the related infrastructure construction and the potential replacement tide will bring new equipment needs. At present, many new products developed by the company aiming at the future 5G communication terminals have been gradually put into the market in bulk and are expected to fully benefit from the dividends in the 5G era.


According to the results of the report, the scale of East China heavy machinery business revenue has been increasing rapidly since 2014. In 2014, the income of East China heavy machinery company was 499 million yuan, and its operating income rose to 9 billion 948 million yuan in 2018. Among them, the whole industry intelligent supply chain service revenue was 8 billion 657 million yuan, with an increase of 113.82% in revenue, accounting for 87.02%.


In 2018, East China heavy machinery focused on increasing investment in the business of stainless steel business, creating a sales mode based on online and supplemented by offline businesses. The number of active users and paid users increased significantly in the year of "steel network", which further promoted the sales volume of stainless steel under the line, an increase of 34.5% over the same period last year, thus enabling the supply chain service to achieve substantial growth. The supply chain service business has a large scale of revenue, but its gross profit margin is only 1.35%, so its contribution to net profit growth is small.


And benefited from the 2017 run star and the table (only in the four quarter and table), the company's net profit reached 132 million yuan, an increase of 340% over the same period last year. Run star's performance commitments in the past 2017-2019 years were 2.50, 3 and 360 million yuan respectively. In 2018, net profit reached 310 million yuan, the performance commitments were fulfilled, and the net profit of East China heavy machinery reached 308 million yuan, up 133.33% over the same period last year. In the first three quarters of 2019, East China heavy industry achieved a net profit of 168 million yuan, down 45.45% compared to the same period in the first quarter of 3C. But in the second half of the year, driven by the emerging fields such as 5G communications and smart wear, the demand for CNC CNC machine tools began to pick up gradually. The inflection point of East China heavy machine performance showed that the company's net profit in 2019 was 308 million yuan to 385 million yuan, an increase of 0 to 25% over the same period last year.