share_log

新股网下申购询价建议报告:科博达(603786)、五方光电(002962)

IPO Offline Purchase Request Proposal Report: Koboda (603786), Wofang Optoelectronics (002962)

東莞證券 ·  Aug 27, 2019 00:00  · Researches

Koboda

The company is a system solution provider for automotive intelligent and energy-saving electronic components. It is based on the global automotive industry platform and fully participates in global high-end market competition. It focuses on technological innovation and industrialization of automotive electronics and related products in the field of intelligence, and strives to become an outstanding enterprise rich in innovation and competitiveness in the global high-end automotive electronics industry chain. The company is one of few local Chinese companies that have entered the global supporting system of internationally renowned automakers to develop automotive electronic components simultaneously. The company's end users mainly include the Volkswagen Group (including its subsidiaries Audi, Porsche, Bentley and Lamborghini), Daimler, Jaguar Land Rover, FAW Group and SAIC Volkswagen, and some new products have entered the supplier system of Ford, BMW, and Renault, and enjoy high popularity in the global automotive electronics field, especially automotive lighting electronics. In 2016-2018, the company's revenue was 1,617 million yuan, 2,162 million yuan and 2,675 million yuan respectively, and net profit was 249 million yuan, 335 million yuan and 483 million yuan respectively. The compound growth rates of operating income and net profit over the three years were 28.64% and 39.31% respectively. In 2018, the company's consolidated gross profit margin was 35.36%, and the net interest rate was 19.72%.

Wufang Optoelectronics

The company was founded on June 11, 2012. It is a professional manufacturer of optical coating products. Its main business is R&D, production and sales of precision optoelectronic film components. Precision photoelectric film components include infrared cutoff filters (IRCF), biometric filters, etc. During the reporting period, the company's main products were infrared cutoff filters. The company focuses on coating technology innovation in the field of high-pixel cameras and has become a core supplier for well-known mobile phone brands at home and abroad. Blue glass module products with 20 megapixels and dual cameras have been launched successively. The company was rated as a national high-tech enterprise in 2016. The company has more than 50 national invention and utility model patents.

In 2016-2018, the company's revenue was 455 million yuan, 624 million yuan and 577 million yuan respectively, and net profit was 127 million yuan, 168 million yuan and 138 million yuan respectively. The compound growth rates of operating income and net profit over the three years were 12.64% and 4.07%, respectively. In 2018, the company's comprehensive gross profit margin was 37.53%, and the net interest rate was 23.90%.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment