Recently, Noblelift Intelligent Equipment Co.Ltd(603611) ( Noblelift Intelligent Equipment Co.Ltd(603611) ) announced the 2021 annual report that the company’s revenue and net profit increased rapidly, and the intelligent logistics integration business achieved a historic breakthrough and leap Noblelift Intelligent Equipment Co.Ltd(603611) said that the main financial indicators reached a record high in 2021. It is expected that the overseas demand of the company’s intelligent manufacturing business segment will be strong in 2022. The growth of medium and large electric forklifts has been rapid in recent two years, but the market share is less than 3%, which is a new growth point of the company in the future.
Noblelift Intelligent Equipment Co.Ltd(603611) is mainly engaged in smart logistics system business and smart manufacturing equipment business. In 2021, Noblelift Intelligent Equipment Co.Ltd(603611) achieved operating revenue and net profit of 5.887 billion yuan and 300 million yuan respectively, with a year-on-year increase of 44.39% and 23.85%, and deducted non net profit of 266 million yuan, with a year-on-year increase of 45.07%.
According to the announcement, Noblelift Intelligent Equipment Co.Ltd(603611) has more than 20 years of experience in R & D and production of warehousing and logistics handling vehicles, and has occupied the first place in the world for light and small industrial vehicles for many consecutive years; Electric industrial vehicles occupy a leading position in Chinese counterparts and rank first among Chinese manufacturers for many consecutive years. Under the influence of multiple factors such as the epidemic situation, raw materials and international shipping, Noblelift Intelligent Equipment Co.Ltd(603611) two sectors have developed rapidly. The company explains that it has the advantages of technological innovation, industrial layout, mature software and hardware system, talents and team advantages and other core competitiveness.
With regard to the reasons for the rapid development of intelligent manufacturing equipment business, Noblelift Intelligent Equipment Co.Ltd(603611) disclosed that, first of all, the orders grew sufficiently, the demand in Chinese and foreign markets was strong, and the orders grew rapidly, repeatedly hitting a record high, with a growth rate of more than 50%. Secondly, the production capacity has been improved rapidly. The company’s production capacity layout has been continuously optimized to achieve rapid expansion, and the output value has increased significantly, with a growth rate of more than 45%. Third, Noblelift Intelligent Equipment Co.Ltd(603611) R & D investment is large, product R & D investment continues to increase, new product benefits rise steadily, and the company’s R & D investment reaches a record high of 224 million yuan, with a growth rate of 31.90%. In addition, Noblelift Intelligent Equipment Co.Ltd(603611) new products are launched frequently. In 2021, 9 new models of class I vehicles and 16 new models of class II and III vehicles were launched, and the three-way vehicles of high-end models were successfully developed and listed.
Regarding intelligent logistics integration business, Noblelift Intelligent Equipment Co.Ltd(603611) said that it has achieved historic breakthroughs and leaps. First of all, the market demand for smart logistics integration business is strong, with newly signed orders reaching 4.924 billion (excluding tax). The total amount and growth rate of orders are the best in the company’s history and the leading level in China’s same industry. Secondly, Noblelift Intelligent Equipment Co.Ltd(603611) realized the effective control and promotion of subsidiaries at home and abroad. Savoye company of France implemented equity incentive, actively expanded new markets, built new factories and expanded production capacity; Zhongding integrated adjusted and optimized the management team, adjusted the business structure, strengthened overall management and optimized the salary system.
For the company’s plan for 2022, Noblelift Intelligent Equipment Co.Ltd(603611) disclosed that as of December 31, 2021, the orders in hand for smart logistics system business were 6.421 billion yuan (excluding tax), and the new orders signed for smart logistics system business in 2021 were 4.924 billion yuan (excluding tax). At the same time, the business layout of Savoye company in France has expanded steadily. The company’s intelligent manufacturing business segment has strong overseas demand and sufficient orders. The company’s light and small forklifts still maintain a leading position in the global market.
Noblelift Intelligent Equipment Co.Ltd(603611) said that it would continue to take “focusing on one industry, developing two major businesses and distributing emerging industries” as the company’s industrial development goal. “Focusing on one industry” refers to focusing on the internal logistics industry, “developing two major businesses” refers to vigorously developing the intelligent manufacturing equipment sector and intelligent logistics system business, “layout emerging industries” refers to actively investing in emerging industries related to the company’s industrial chain, such as intelligent manufacturing, industrial Internet of things, 5g, artificial intelligence and so on.
