Juding's consolidated revenue in June fell 10.7% from the previous month

Juding Technology's consolidated revenue in June was 115 million yuan (NTT, the same below), down 10.7% from the previous month and 25.2% from the same period last year; Juding's second quarter consolidated revenue was 367 million yuan, compared with the first quarter. The equivalent of 363 million yuan, the season increased by 1.1%. In the first six months of the year, the revenue was 730 million yuan, a decrease of 11.71% compared with the same period of last year.

Ju Ding said that the decline in revenue in June had a quarter-end inventory factor. On the one hand, it was affected by the poor market conditions of the PC industry. The company also actively adjusted its product structure, resulting in a decline in revenue. However, the company is confident that the second quarter The gross profit margin will grow from the previous quarter, and the overall profit for the first half of the year will be better than the same period last year.

In the internal statistics of Juding, in the past, PC-related orders accounted for 60% of the company's revenue. In response to the decline of the PC industry, the proportion of related revenues has dropped to about 40% this year. Instead, mobile device lithium battery protection has been replaced. With the development of components, the current revenue share has increased to 60%.

Juding explained that because the products of mobile devices attach great importance to the standby and use time of lithium batteries, the company's new product, ultra-low resistance materials, is gradually being widely used in lithium battery protection components of smart phones and tablet computers. It has replaced the protection components of PC products and has become the main source of the company's operations, accounting for a significant increase in the company's revenue. As the gross profit margin of related products is better, the company's revenue in the first half of this year is lower than that of the same period of last year, but the overall profit for the first half of the year is expected to grow compared with the same period last year.

Looking forward to the second half of the year, Juding said that the company is launching a number of new products, and has entered the domestic and international brand factory tablet computer and mobile phone lithium battery protection market, coupled with the booming LED lighting market this year, the company's various high The demand for wattage heat sink materials is increasing; therefore, the company has spent the first half of this year on the customer and product conversion period, maintaining a cautiously optimistic view on revenue growth in the second half of the year.

The legal person estimates that the gross profit margin of Juding will have a chance to challenge 50% in the second quarter. The EPS in the single season is 1.2~1.3 yuan, and the quarterly growth rate is 2% to 30%. The overall EPS in the first half of the year is still 2.2~2.3 yuan.

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