Recently, the domestic inductor transformer leader Shunluo Electronics disclosed its performance report. In 2023, Shunluo Electronics will achieve double growth in revenue and profit.
On the evening of February 28, Shunluo Electronics, a leading domestic inductor transformer, disclosed its 2023 performance report. In 2023, Shunluo Electronics will achieve an operating income of 504 billion yuan, an increase of 18 over the same period last year93%;The net profit attributable to shareholders of the listed company was 64.1 billion yuan, an increase of 47 over the same period last year98%;Net profit after deducting extraordinary gains and losses59.2 billion yuan, a year-on-year increase of 6088%。
In terms of product performance, in 2023, the sales volume of inductor transformer manufacturer Shunluo Electronic Electronic components will be 36 compared with the previous year89%, thanks to the increase in sales, the production volume of electronic components compared with the previous year **4520%。
Despite the slow economic recovery and intensified competition in the industry, 2023 is still a fruitful year for Sunluo Electronics. Not only did sales revenue hit a record high, but profitability also achieved rapid growth compared to the same period last year.
Gross margin reached a record high.
Judging from the data released by the inductor transformer manufacturer Shunluo Electronics, in several major indicators, such as revenue, net profit, and non-net profit have increased compared with the previous year, which is gratifying.
The performance of Shunluo Electronics' gross profit margin is also worth paying attention to, and the performance is very bright. In 2023, the gross profit margin of Shunluo Electronics has achieved continuous improvement for 4 consecutive quarters, and the gross profit margin in the fourth quarter will be 3696%, a quarterly all-time high.
Source: 2023 financial report of inductor transformer manufacturer Shunluo Electronics.
Overall, in 2023, the company achieved a gross profit of 178.2 billion yuan, achieving a gross profit margin of 3535%, a year-on-year increase of 235%。Shunluo Electronics, an inductor transformer manufacturer, said that the change in gross profit margin was mainly due to the smooth development of the precision electronic components business, the increase in market orders, the continuous improvement of capacity utilization, the continuous improvement of marginal profits, and the improvement of labor efficiency.
As for the reasons for achieving both sales revenue and profit growth in 2023, Shunluo Electronics specifically mentioned in the annual report that the company will continue to promote management reform and development around the business objectives of the "Fifth Five-Year Strategic Plan", conscientiously and solidly promote strategic decision-making and deployment, adhering to the vision of "becoming an expert in the field of electronic components", accelerate the construction of a new pattern of development, actively expand emerging markets such as new energy vehicles, photovoltaic energy storage, data centers and the Internet of Things, and vigorously promote organizational and business process changes internally. At the same time, we will increase R&D investment and talent echelon construction, and optimize product structure.
It is not difficult to find in the annual report that the company's various expenses are at the same time as the revenue and profit. Among them, the increase in R&D investment is mainly due to the increase in material expenditure and personnel compensation in R&D projects, and the company attaches great importance to basic R&D investment, research in key application areas and new product R&D and mass application.
Source: 2023 financial report of inductor transformer manufacturer Shunluo Electronics.
Leverage emerging fields to develop high-end precision products.
In recent years, many magnetic component companies are exploring emerging fields and trying to seek new business growth points. At present, Shunluo Electronics, a manufacturer of inductor transformers, has strategically laid out emerging industries such as automotive electronics, energy storage, photovoltaics, big data, industrial control, Internet of Things, and module modules, and has been widely recognized by global benchmark enterprises in various industries.
It can also be seen from the data released by Shunluo Electronics that the automotive or energy storage business segment has maintained an upward trend since 2020. However, it should also be noted that from 2021 to 2023, the revenue growth rate of the inductor transformer manufacturer Shunluo Electronics, automotive electronics or energy storage special sector is. 43%, the growth rate has slowed down significantly last year.
Source: 2023 financial report of inductor transformer manufacturer Shunluo Electronics.
In this regard, the inductor transformer manufacturer Shunluo Electronics has also formulated a new market strategic plan, Shunluo Electronics said that next, the company will actively grasp the new energy vehicle market, cloud services and cloud computing data center industry booming, photovoltaic energy storage incremental market and other major opportunities.
At the same time, with the continuous expansion of the market, the inductance transformer industry is gradually transforming to the high-end, and Shunluo Electronics, as a leader in the industry, is also playing a leading role.
According to the open source ** research report, the market share of Shunluo Electronics' high-end precision products continues to increase, the product technology and production capacity scale are in the leading position in the world, and the market share of 0201 high-precision inductors of its laminated platform ranks among the top in the world, and it is actively deploying high-end products such as it; The layout of high-end new products such as LTCC devices and integrated inductor series products will begin to increase in volume in 2023, with strong customer demand and rapid growth of new products.
Inductor transformer manufacturer Shunluo Electronics emphasized that the company's high-end precision components in the future technology core trend is miniaturization, high power, high frequency, compounding, the company in the systematic establishment and promotion of the depth and breadth of the technology platform, the establishment of a diversified technological innovation and product development model, to meet customer needs to continue to create value for customers.
For the 2024 performance outlook of inductor transformer manufacturer Shunluo Electronics, as recently as January, there was good news in terms of sales. In January this year, Shunluo Electronics' sales set a new high in the company's history. According to the market, in the first half of this year, the electronics industry as a whole was flat but will recover in the second half of the year, coupled with a good start this year, Shunluo Electronics said that it is more confident and looking forward to the business development of the whole year in 2024.
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