Aircraft braking industry chain tracking: Beijing Beimo High-Tech Frictional Material Co.Ltd(002985) vs Hunan Boyun New Materials Co.Ltd(002297) vs Beijing Tianyishangjia New Material Corp.Ltd(688033)

Today, we want to track the aircraft braking industry chain:

Taking the passenger plane as an example, the speed of the aircraft when landing and grounding is as high as 130-160 knots / h. In order to successfully realize braking, it is often necessary to decelerate jointly through rudder surface, engine reverse thrust, wheel braking, deceleration parachute and special means.

Among them, the wheel braking system usually needs to consume about 70% of the kinetic energy, which is the key to realize aircraft braking.

From the recent growth of participants in the industrial chain:

Beijing Beimo High-Tech Frictional Material Co.Ltd(002985) – in the third quarterly report of 2021, the operating revenue was 815 million yuan, a year-on-year increase of 121.76%; The net profit attributable to the parent company was 325 million yuan, a year-on-year increase of 87.26%.

Hunan Boyun New Materials Co.Ltd(002297) – in the third quarterly report of 2021, the operating revenue was 363 million yuan, a year-on-year increase of 39.69%; The net profit attributable to the parent company was 15 million yuan, a year-on-year increase of 122.44%.

Beijing Tianyishangjia New Material Corp.Ltd(688033) – in the third quarterly report of 2021, the operating revenue was 375 million yuan, a year-on-year increase of 58.7%; The net profit attributable to the parent company was 100 million yuan, a year-on-year increase of 58.42%.

 

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