**Star News, on February 6, 2024, East Asia Machinery (301028) announced that the company would accept institutional research on February 6, 2024, with the participation of ICBC Credit Suisse Huang Can.
The details are as follows:
Q: How about the business of exporting overseas? Do you have any plans to expand into foreign markets in the future?
A: The company's current overseas export business is mainly for Indonesia, Vietnam, Malaysia, the Philippines and other Southeast Asian countries, and in 2023, it will also actively participate in foreign machinery exhibitions in Vietnam, Indonesia, Malaysia, the Philippines and other countries, and the overseas business is showing a steady and rising trend. In the future, the company will more actively expand overseas markets, establish foreign trade direct sales channels, and better layout overseas sales outlets with the help of the "Belt and Road" to expand the company's export sales.
Q: What is the status of the process of domestic substitution?
Answer: The company's products are constantly innovating, technology iteration and upgrading, and it has the ability to replace it domestically. In 2023, the company's products will be recognized by leading enterprises in many domestic industries to achieve better domestic substitution.
Q: What about oil-free screw air compressors, screw vacuum pumps and centrifugal compressors?
Answer: The company's oil-free screw air compressor has been shipped, and the company will continue to increase the promotion of oil-free screw air compressor and strive to accelerate the realization of the scale efficiency of oil-free screw air compressor; The company's screw vacuum pumps used in the industrial field will grow well in 2023 and achieve good sales. The company will also continue to improve the product competitiveness of vacuum pumps, increase R&D investment, and make better breakthroughs in high-end fields such as new energy and semiconductors as soon as possible. The company has completed sample development of centrifugal compressors in early 2024 and is now undergoing type testing, with sales expected in 2024.
Q: What is the company's outlook for operating in 2024?
A: In 2023, the company's operating situation will continue to maintain a steady upward trend. At the beginning of 2024, the company's operating situation still maintains a good prosperity, and the company's management is full of confidence in 2024. The company will continue to promote the R&D and innovation of high-end models, expand product lines, continue to develop sales channels, build a more complete key customer development team, and continuously improve product competitiveness and market share.
The main business of East Asia Machinery (301028) is a comprehensive compressed air system solution provider focusing on providing energy-saving, efficient and stable aerodynamic power, and focusing on the independent research and development, design and production of compressor hosts, as well as the R&D, production and sales of air compressors and ancillary equipment.
According to the third quarter report of East Asia Machinery in 2023, the company's main revenue is 73.8 billion yuan, an increase of 16 percent year-on-year3%；Net profit attributable to the parent company 13.1 billion yuan, down 699%；Deduct non-net profit of 12.1 billion yuan, down 088%；Among them, in the third quarter of 2023, the company's single-quarter main revenue was 25.1 billion yuan, an increase of 20 percent year-on-year74%；The net profit attributable to the parent company in a single quarter was 4082460,000 yuan, a year-on-year decrease of 345%；The non-net profit deducted in a single quarter was 3759670,000 yuan, an increase of 4 year-on-year26%；The debt ratio is 2883%, investment income 564490,000 yuan, financial expenses - 362980,000 yuan, gross profit margin 3067%。
There are no agency ratings on the stock in the last 90 days. Margin data shows that the stock has a net financing inflow of 1269 in the past 3 months770,000, with an increase in the financing balance; Net inflow of securities lending and borrowing was 600,000, the balance of securities lending and borrowing increased.
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