3 Shenzhen Leaguer Co.Ltd(002243) on the evening of March 28, the annual report of 2021 was released. The company achieved a total operating revenue of 3.37 billion yuan and a net profit attributable to the company’s shareholders of 265 million yuan, an increase of 72.46% and 99.22% respectively year-on-year; The basic earnings per share was 0.32 yuan, a year-on-year increase of 88.24%.
According to the annual report, the main reason for the substantial growth of the company’s operating performance is the continuous and substantial growth of global sales of new energy vehicles. Under the guidance of the policy of “carbon peak and carbon neutralization”, the company has shown a good development trend in the fields of wind power generation, variable frequency air conditioning and industrial automation. The company has seized the opportunity, strengthened market development, further expanded its market share in relevant fields, and done a solid job in production management Many measures were taken to reduce costs and increase efficiency, and the business income and net profit of the company’s high-performance Nd-Fe-B permanent magnet materials increased significantly compared with the same period of last year; Shanghai Dajun undertook a number of new product development projects. During the reporting period, the business income of motor drive system of new energy vehicles increased significantly and the loss decreased significantly.
In 2021, the company’s operating revenue of high-performance NdFeB permanent magnet materials and components increased by 71% year-on-year, and its net profit increased by 34% year-on-year. The sales revenue of the company in the main application fields has increased to varying degrees. Among them, the sales revenue in the market of energy-saving and new energy vehicles has increased by 110% year-on-year, and the delivery volume of motor magnets for energy-saving and new energy vehicles is 1.89 million sets, with a year-on-year increase of 97%; The sales revenue in the field of automotive electrification such as EPS increased by 67% year-on-year, and 24 million sets of magnets for automotive electrification motors such as EPS were delivered, with a year-on-year increase of 23%.
Taking new energy passenger vehicles as the growth point, Shanghai daxun’s development strategy of comprehensively improving its own ability and focusing on high-end and high-quality customers and partners showed initial results during the reporting period. It carried out the research and development or production of new energy electronic control platform and related products according to the needs of strategic customers, and obtained the corresponding technology development income. The operating revenue of the motor drive system business of new energy vehicles increased by 228% over the same period of last year, and the net profit decreased by 60% over the same period of last year.
Looking forward to the future, driven by a series of positive trends, such as the electrification and electrification of automobiles, the large-scale wind power, industrial automation, frequency conversion air conditioning and high-energy efficiency of industrial motors, sustained high growth will become a major feature of the high-performance NdFeB permanent magnet material industry. As one of the manufacturers with a wide range of high-performance NdFeB permanent magnet materials in China, the company can mass produce more than 60 standard brands of high-performance NdFeB permanent magnet products in eight series including 58n, 55m, 56h, 56sh, 54uh and 51eh. At present, the company has an annual production capacity of 16000 tons, and will have an annual production capacity of 24000 tons by the end of 2022, and will reach a production capacity of 36000 tons by 2026 according to the downstream demand.
