As one of the few innovative enterprises in China with dual R & D systems of high-end CNC systems and high-end CNC machine tools, Kede Numerical Control Co.Ltd(688305) 4 released a beautiful financial annual report on April 10, which is also the first show of the company’s annual performance since its listing. According to the data, in 2021, the company achieved an operating revenue of 254 million yuan, a year-on-year increase of 27.99%, and a net profit attributable to the parent company of 728669 million yuan, a year-on-year increase of 106.81%.
For the substantial growth of performance in 2021, Kede Numerical Control Co.Ltd(688305) explained in the annual report that on the one hand, it was the growth of the company’s revenue. One company received local government listing subsidies and government subsidies for various R & D projects, resulting in an increase in non recurring profit and loss compared with the same period of the previous year.
It is noteworthy that although Kede Numerical Control Co.Ltd(688305) also suffered from adverse factors such as increased management costs and rising raw material prices under the influence of the epidemic, the overall gross profit margin of the company in 2021 was still as high as 43.14%, an increase of 1.56 percentage points over 2020.
According to the data disclosed in the annual report, among the total operating revenue of RMB 254 million in Kede Numerical Control Co.Ltd(688305) 2021, the business revenue of high-end CNC machine tools was RMB 233 million, accounting for 92.03%, with a year-on-year increase of 35.88%.
According to the publicly disclosed data, 158 sets of complete machines were produced and put into storage in 2021, with a year-on-year increase of 56.44%. During the reporting period, 332 million yuan of new orders were added, with a year-on-year increase of 41.79%. With the competitive advantage of leading technology and increasingly prominent brand effect, the repurchase rate of Kede Numerical Control Co.Ltd(688305) complete machine has reached more than 40%.
“The fragrance of wine is not afraid of the depth of the alley”, Kede Numerical Control Co.Ltd(688305) in the leading position in the field of high-end CNC machine tools, has also attracted the intensive attention of institutional investors. According to the records of investor relations activities disclosed by the company, since its listing in July last year, Kede Numerical Control Co.Ltd(688305) has received 28 surveys of nearly 2000 institutions in more than nine months, of which 139 institutions have conducted 8 online exchanges in the five days from September 2 to September 7.
Organic bed industry insiders told reporters that as a strategic material, high-end CNC machine tools are still subject to strict technical blockade and export restrictions in western developed countries Kede Numerical Control Co.Ltd(688305) the most important thing is to break the Western blockade and monopoly on China’s five axis CNC machine tool field and ensure the application needs of key fields and industries.
Through continuous R & D and innovation, Kede Numerical Control Co.Ltd(688305) has formed the product layout of high-end CNC system products, high-end CNC machine tools and key functional components with independent intellectual property rights and core technology. It is noteworthy that Kede Numerical Control Co.Ltd(688305) previously disclosed the operation data from January to February this year. According to preliminary accounting, from January to February this year, the production and warehousing of the company’s five axis linkage CNC machine tools increased by 350% year-on-year, and the delivery volume of the whole machine increased by 72.73% year-on-year. The total amount of new orders and winning contracts was 490468 million yuan, a year-on-year increase of 60.04%.
