Today, Lens Technology Co.Ltd(300433) released the performance forecast for 2021. During the reporting period, the company’s operating income increased steadily compared with the same period of the previous year. The net profit attributable to the shareholders of the listed company is expected to be 2.01 billion yuan to 2.4 billion yuan, and the profit in the same period of the previous year is 4.896 billion yuan.
The announcement shows that the company has made continuous progress in medium and long-term development strategic deployment such as metal business, new energy vehicle business, intelligent terminal machine assembly business and photovoltaic new energy business, and has also made new achievements in strategic cooperation customer group, market share and new technology research and development. The announcement pointed out that power rationing has a certain impact on the production, delivery and operation scheduling of the company’s orders, and the company will take six measures to boost its performance.
power rationing has a certain impact on order delivery
For the reasons leading to large fluctuations in performance, Lens Technology Co.Ltd(300433) said that power restriction had a certain impact on the production, delivery and operation scheduling of the company’s orders. In the second half of the year, it was originally the peak season for order delivery. Some factories in Hunan parks, Taizhou parks and Dongguan parks were forced to temporarily stop production due to power restriction, and the established rhythm of production and delivery was disturbed; The loss of employees leads to the fluctuation of yield rate and the rise of cost, which makes it impossible to complete the production and delivery tasks in time according to the original plan.
This not only affects the efficiency of order production and delivery, but also increases the labor and operation costs.
The continuous covid-19 epidemic has led to a further increase in the company’s operating costs. On the one hand, the epidemic and the global double carbon policy have led to a shortage of raw materials for industrial products and a sharp rise in prices, which has increased the company’s procurement costs and had a negative impact on profits. On the other hand, the covid-19 epidemic has led to the gradual intensification of the contradiction between supply and demand of chips and semiconductors, which makes the shipment of some customers of the company less than expected.
Affected by the epidemic, in the second half of the year, the typical overseas business in Vietnam Park continued to be affected. Factors such as logistics obstruction and supply chain epidemic prevention and control affected the production and delivery of orders.
In addition, the substantial increase in R & D expenses also has a certain impact on operating performance. Lens Technology Co.Ltd(300433) downstream customers have strong demand for research and development of new fields, new technologies and new products. The company cooperates with new intelligent wearable products such as watches, VR and AR, and new automotive products such as central control screen, B-pillar and new automotive glass. Therefore, the R & D projects and R & D expenditure related to various metal alloy products such as smart phone middle frame have increased significantly.
six measures will be taken to boost performance
In 2021, although the company faced new difficulties and challenges such as repeated epidemics, limited power consumption and lack of core in the supply chain, the Lens Technology Co.Ltd(300433) management took timely and effective measures and actively organized response, and the production and operation remained stable on the whole. Facing the new situation in 2022, the company will take six measures to boost its performance.
First of all, based on the easing of the epidemic situation during the year and the expectation of the improvement of supply chain bottlenecks, seize the favorable opportunity of the recovery of demand in the terminal market, deeply tap the new opportunities of the three major tracks of consumer electronics, new energy vehicles and photovoltaic new energy, increase new strategic cooperation customers, expand market share, and promote the mass production of all kinds of new products and technologies that have been developed, Optimize the company’s product structure, integrate the park, and strive to significantly increase the business volume of complete assembly of intelligent terminals.
