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迪贝电气(603320)新股网下申购询价建议报告

Diebe Electric (603320) Inquiry report on offline purchase of New shares

東莞證券 ·  Apr 11, 2017 00:00  · Researches

The company is a high-tech enterprise specializing in R & D, manufacturing and sales of refrigerator compressor motor, air-conditioning compressor motor, commercial compressor and other products. After years of development and accumulation, the company has formed an annual production capacity of 8 million of compressed machines and motors, with product specifications ranging from 25W to 40KW, and is one of the backbone enterprises in the domestic compressor motor industry. The company has established long-term and stable cooperative relations with the leading domestic compressor manufacturers Huayi Compression, Gasibela, Huayi (Jingzhou), Qianjiang Refrigeration, New Neon, Taizhou Lejin, etc. the company is also a motor supplier to the international refrigeration giants Danfoss and Emerson. The products of the company's main customers are finally applied to the products of Siemens, Electrolux, Farge, Idaisy, Bosch, LG, Toshiba, Haier, Hisense, Midea, Meiling and other first-class enterprises at home and abroad. The company operates ISO9001:2000 and ISO14001:2004 quality and environmental management systems, and its products comply with EU RoHS directives and American UL standards. With the company's comprehensive advantages in product design, manufacturing process, production scale and quality, "Diebe" brand products are in short supply.

From 2014 to 2016, the company's revenue was 443 million, 419 million and 512 million respectively, and its net profit was 33 million, 26 million and 46 million respectively. The compound growth rates of operating income and net profit in the three years were 7.5% and 18.0% respectively. In 2016, the company's comprehensive gross profit margin was 17.54%, and the net profit margin was 8.97%.

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