Shannon Xinchuang: Achieve a year-on-year increase of more than 33 times in operating income in 2021, and the transformation of the chip business has been successful – yqqlm

　　Shannon Xinchuang(300475) The 2021 annual report was released on the evening of April 15. During the reporting period, the companyOperating income9.206 billion yuan, a year-on-year increase of 3376.71%; attributable to listed companiesshareholderofnet profit224 million yuan, a year-on-year increase of 247.76%; basic earnings per share was 0.53 yuan per share, a year-on-year increase of 247.13%. It is reported that,Shannon XinchuangCompletion of major assets in July 2021reorganization。

The annual report shows that in 2021, the company will complete the major asset acquisition of 100% equity of Lianhechuangtai, and Lianhechuangtai will be included in the company’s consolidated statements from July 2021, and the main business of the company’s consolidated statements will be changed from washing machine deceleration clutches to electronic components. distribution.Shannon XinchuangPlenty of resources have been devoted to company strategy, talent allocation, channel construction, team integration, market expansion, etc.M&AThe post-integration progressed smoothly. During the reporting period, the distribution of electronic components accounted for more than 96% of Shannon’s revenue, and the company successfully achieved business transformation.

Safetysecuritiesresearch reportIt is believed that from the perspective of the development path of the global chip distribution leader, the chip distribution leader has huge room for development. Compared with the international market, the market shares of CR3, CR10 and CR20 in the global industry concentration are 14.72%, 18.40% and 19.36% respectively. , 2.41%, 5.22% and 6.84% in China.On the one hand, domesticsemiconductorAnd component manufacturers are still growing, and the world-class distributors are close to the original factories, and have a long development time and have experienced multiple integrations; on the other hand, the domestic electronics industry started relatively late. Distributors still have huge room for development, fromArrow Electronics、Weir SharesFrom the perspective of the development path of chip companies, there is also huge space for horizontal and vertical mergers and acquisitions in the domestic distribution industry in the future.

Shannon Xinchuang said that the company aims to create high-endsemiconductorThe whole industry chain innovation ecology. Electronic components distribution is an important link in the entire electronic components industry chain. A wholly-owned subsidiary, United Chuangtai, has worked deeply in this field and is a leading high-end technical service platform for electronic components in China, providing demand matching, Inventory buffer and information value, and maintain a good cooperative relationship with upstream and downstream customers; the shareholding companies Haoda Electronics, Yongsi Electronics, Microconductive Nano, and Biren Technology are also excellent companies in various segments. So far, from upstream materials, design, manufacturing to downstream applications, consumption and other links, Shannon Core has gradually built a virtuous circle of ecosystems, effectively promoting the extensive flow of knowledge, information and capital in the industry chain.

(Article source: ChinasecuritiesReport · China Securities Network)

Article source: China Securities Journal China Securities Network

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Original title: Shannon Xinchuang: Achieve a year-on-year increase of more than 33 times in operating income in 2021, and the successful transformation of the chip business