Yoshioka Precision is a leading enterprise in the domestic precision metal product manufacturing industry.2020 Revenue and net profit have grown rapidly since the beginning of the year. The company has an excellent reputation in the industry, and the top ten customers are mostly leaders in the segment. Its recognition helps the company establish a good brand image and further expand the market. The company’s metal structure manufacturing industry has an undecided pattern. The main downstream power tools, clean home appliances, and new energy vehicles have broad prospects. We believe that with its technology and customer advantages, the company is expected to benefit from the full downstream demand and continue to maintain good growth.
Profitability grows steadily, and products are widely used.company2021 Operating income for the first half of the year1.70 100 million yuan, year-on-year+64.47%; Net profit attributable to the parent2,872.97 Ten thousand yuan, year-on-year+86.21%.The company’s expenses are well controlled, with three rates2017 Stable at3%Below, gross profit margin and net profit margin have steadily increased. The company is committed to R&D, production and sales of precision metal parts. Products are widely used in automobiles, electronic appliances, clean household appliances, medical and other fields.
Grasp technical advantages and develop in-depth cooperation with downstream leaders.Yoshioka Precision2021H1 R & D spending712.24Ten thousand yuan, a year-on-year increase76.62%,have93 Patents.In the field of power tools, the company has a long-term cooperative relationship with Makita, the world’s fourth largest power tool manufacturer; in terms of cleaning home appliances, the company has become the global leader in steam mops with its core product, steam heaters.Shark Designated suppliers; in the field of auto parts, the company is actively exploring new energy vehicle business. Currently, it has started business with CATL and Tesla, and some of its self-developed products have begun mass production.
The application scenarios are abundant, and the downstream clean home appliances, electric tools, and new energy vehicles have broad prospects. The industry has not formed a clear leader, and the overall pattern is small and scattered.2020 The scale of the global clean home appliance market reached285.43Billion U.S. dollars, a year-on-year increase25.27%, In the future, as residents’ awareness of cleaning is generally strengthened, it will be further improved.In terms of power tools, my country’s power tool industry in the past5 Compound annual growth rate during the year14.19%, The overall stability. In the automobile market, with the development of lightweight new energy vehicles, the penetration rate of aluminum alloy metal parts with the characteristics of light weight and high strength in the body and parts will be greatly increased.