Consumer electronics refers to electronic products that are closely related to life, work and entertainment designed around consumer applications. Consumer electronics in the traditional sense can be divided into three categories: entertainment products, communication products, and office products. Smart home appliances, automotive electronics, and intelligent monitoring equipment are also gradually included in the category of consumer electronics.
The consumer electronics industry chain has a long link, covering: equipment/materials, components, parts, assembly, and terminal markets, and chips, as the core components of consumer electronic products, are also an important part of the consumer electronics industry chain.
Growth ability is the ability of an enterprise to continue to grow in terms of asset scale, profitability and market share with changes in the market environment, reflecting the future development prospects of the enterprise.
This article is the "Growth Ability" part of the enterprise value series, which selects a total of 101 consumer electronics companies as a research sample, and takes the compound growth of revenue, non-net profit and operating net cash flow as the evaluation indicators.
Data is based on history and does not represent future trends; It is for static analysis only and does not constitute investment advice.
Top 10 consumer electronics growth companies:
No. 10 Olympian Technology
Industry segmentation: Accessories services
Growth capacity: revenue compound growth of 10.40%, non-net profit compound growth of 7.96%, operating net cash flow compound growth of 32.05%
Performance forecast: the latest average forecast of net profit is 623 million yuan, and the average growth rate is 41.33%
Main products: chargers and adapters are the main sources of profits, accounting for 71.03% of profits and 20.65% of gross profit margins
Company Highlights: Olympian Technology is mainly engaged in consumer electronics charging and storage, new energy vehicle electronic control and domain control and green energy conversion products.
9th Changying Precision
Industry segmentation: structural parts
Growth capacity: The compound growth rate of revenue was 11.45%, the compound growth of non-net profit was negative, and the compound growth of operating net cash flow was negative
Performance forecast: the latest average forecast of net profit is 704 million yuan, and the average growth rate is 721.96%
Main products: consumer electronics precision structural parts and modules are the main source of profits, accounting for 44.28% of profits and gross profit margin of 19.74%
Company Highlights: EPI's main business is electronic connectors and precision small parts of intelligent electronic products, connectors and modules for new energy vehicles, precision structural parts and modules for consumer electronics, robots and industrial Internet.
8th Xingrui Technology
Industry segmentation: structural parts
Growth: Revenue compound growth of 26.58%, non-net profit compound growth of 60.57%, operating net cash flow compound growth of 38.56%
Performance forecast: the latest average forecast of net profit is 352 million yuan, and the average growth rate is 31.88%
Main products: automotive electronics is the main source of profits, accounting for 58.53% of profits, and gross profit margin of 31.43%
Company Highlights: Xingrui Technology products are mainly used in office automation (OA) equipment, traditional TV TUNER, data servers, etc.
7th Fei Rongda
Industry segmentation: functional components
Growth capacity: Revenue compound growth of 19.21%, net of non-net profit compound growth was negative, operating net cash flow compound growth was negative
Performance forecast: the latest average forecast of net profit is 386 million yuan, and the average growth rate is 273.6%
Main products: thermal management materials and devices are the main source of profits, accounting for 41.75% of profits and 19.90% of gross profit margins
Company Highlights: Feirongda's main products are electromagnetic shielding materials and devices, including conductive cloth gaskets, conductive silicone, conductive plastic devices, etc.
The 6th Lianchuang Optoelectronics
Industry segmentation: structural parts
Growth: Revenue compound growth of -4.95%, non-net profit compound growth of 37.90%, operating net cash flow compound growth of 7.14%
Performance forecast: the latest average forecast of net profit is 543 million yuan, and the average growth rate is 60.08%
Main products: intelligent control is the main source of profits, accounting for 69.41% of profits, and gross profit margin of 20.63%
Company Highlights: The main products of Lianchuang Optoelectronics are semiconductor laser series and aerospace microelectronic components, backlights and application products, optoelectronic communication cables, intelligent equipment cables and metal materials, and intelligent control products.
5th UBI Electronics
Industry segmentation: structural parts
Growth: Revenue compound growth of 2.44%, non-net profit compound growth of -22.15%, operating net cash flow compound growth of 210.35%
Performance forecast: the latest average forecast of net profit is 158 million yuan, and the average growth rate is 293.01%
Main products: precision metal stamping structural parts are the main source of profits, accounting for 78.25% of profits and 15.12% of gross profit margin
Company Highlights: UBI Electronics is a professional manufacturer that launched curved precision metal stamping structural parts earlier in China.
4th United Precision
Industry segmentation: Folding components
Growth capacity: revenue compound growth of 25.82%, non-net profit compound growth of 12.33%, operating net cash flow compound growth of 32.65%
Performance forecast: the latest average forecast of net profit is 136 million yuan, and the average growth rate is 131.81%
Main products: MIM products are the main source of profits, accounting for 57.46% of profits and 40.03% of gross profit margins
Company Highlights: United Precision is a professional manufacturer and solution provider of precision parts products.
3rd Heng Mingda
Industry segmentation: functional components
Growth capacity: Revenue compound growth of 26.84%, non-net profit compound growth of 85.02%, operating net cash flow compound growth of negative
Performance forecast: the latest average forecast of net profit is 445 million yuan, and the average growth rate is 58.27%
Main products: consumer electronics products are the main source of profits, accounting for 94.44% of profits and gross profit margin of 34.24%
Company Highlights: Hengmingda's products mainly include consumer electronics products and communication products.
2nd Co-creation Data
Industry segmentation: equipment
Growth capacity: Revenue compound growth of 25.45%, non-net profit compound growth of 65.01%, operating net cash flow compound growth of negative
Performance forecast: the latest average forecast of net profit is 564 million yuan, and the average growth rate is 96.15%
Main products: data storage equipment is the main source of profit, accounting for 45.27% of profit, gross profit margin of 9.95%
Company Highlights: Based on cloud platform services, Xiechuang Data carries out terminal businesses such as intelligent Internet of Things and intelligent security, and is an intelligent Internet of Things enterprise with a complete business system.
1st Hongrida
Industry segmentation: structural parts
Growth: Revenue compound growth of 8.01%, non-net profit compound growth of -45.39%, operating net cash flow compound growth of 13.95%
Performance forecast: the latest average forecast of net profit is 82 million yuan, and the average growth rate is 165.89%
Main products: connectors are the main source of profits, accounting for 63.66% of profits, and gross profit margin of 15.89%
Company Highlights: Hongrida connector products are mainly card connectors, I/O connectors, earphone connectors, battery connectors and other connectors.
The top 10 enterprises in consumer electronics growth capacity have achieved compound growth in revenue, non-net profit, and operating net cash flow in the past three years:
