From Ying to loss!The performance changes the face and trapped in the dilemma of losses, the prospect of Hongquan IoT is worrying

Text/Yang Jianyong

When talking about the Internet of Things, the first impression is that the scale of this industry is as high as trillion. In fact, combined with the data given by various authoritative research institutions, the global Internet of Things market is over trillion. As an important global IoT market, my country has shown a high -speed development trend in the past few years. Following the industrial scale exceeding the trillion -dollar mark in 2018, the industry scale has exceeded 2 trillion yuan. In the author's opinion, the Internet of Things industry has huge opportunities. For manufacturers on the track, it is just a few players on the Internet of Things tracks showing a few happy situations.

Hongquan IoT's revenue decreased by 50 % and was trapped in the dilemma of losses

In the first half of 2022, Hongquan IoT's revenue was 119.7 million yuan, a year -on -year decrease of 52.31%; the loss was 31.18 million yuan, and the profit was 41.38 million yuan in the same period last year. At the performance briefing, Hongquan Federation stated that the main reason for the unsatisfactory performance in the first half of the year was the factors of the industry's downturn. The competition pattern is still stable, and the company is leading. It is believed that with the improvement of the economic situation in the second half of the year and the future, the production and sales of commercial vehicles will increase, and the company's commercial vehicle business will have a recoverable growth.

As a manufacturer of the main domestic commercial vehicle intelligent networking equipment, the main business of Hongquan Federation is closely related to the development of the commercial vehicle industry and the intelligent connected automotive industry. Over the years, we have cultivated in the field of commercial vehicles. However, the demand for domestic commercial vehicles is insufficient, and the industry's prosperity continues to decline. According to the China Automobile Association and public data, the heavy truck sales in the first half of 2022 were 378,000 units, a decrease of 64%compared with the same period last year, and a decrease of about 662,000 units.

Because Hongquan Wuxian's current products are mainly used in the field of commercial vehicles, due to the sharp decline in the commercial vehicle industry, performance is facing great pressure. It should be pointed out that in the first half of this year, the downstream commercial vehicle industry continued to be downturn, actively developed new products, new areas and new markets, continued to maintain large R & D investment, and made great progress. There is a certain process of product development to mass production sales. It has not yet been reflected in the semi -annual performance, but it will continue to work hard to promote the sustainable development of related projects and invest reasonable R & D resources.

The Internet of Things track, a few people who are happy and happy

It is worth mentioning that Hongquan Federation is deeply cultivated in the field of commercial vehicles, which is one of the hottest tracks of the Internet of Things. On the Internet of Things subdivision track, the Internet, smart cities, and smart homes are the most potential. Not only the performance of Hongquan IoT, but also the Internet of Things companies such as Qinchuan Federation, Yuanwanggu, Rihai Intelligence, Gao Xinxing and other IoT companies encountered performance dilemma, mainly due to weak operating growth and trapped in the quagmire.

In the first half of 2022, the revenue of the Qinchuan Impice Union increased slightly by 0.44%to 154 million yuan, a loss of 6.16 million yuan, and the profit of 16.87 million yuan in the same period last year. In the Internet of Things industry, the Qinchuan Federation mainly focuses on the IoT intelligent gas watch as its core product, but under the increasingly fierce market competition, the sales price has declined. The Qinchuan Materials Federation snatched the market by reducing the price, and the dual factors of the rise in product costs caused a large decrease in gross profit margin.

Of course, in the face of trillion IoT markets, the revenue and profits of IoT manufacturers such as Beijing Junzheng and China Science and Technology continued to maintain a high growth trend. Beijing Junzheng's revenue in the first half of 2022 was 2.8 billion yuan, an increase of 20%compared to the same period last year; net profit was 511 million yuan, a year -on -year increase of 43.9%. Mainly the Internet of Things era, the number of tens of billions of smart devices connect to the network. This extensive IoT connection is suitable for chip demand for various smart devices. Received the strong growth momentum.

At the same time, the Internet of Things is the fastest growth rate of China Science and Technology. In the first half of the year, the intelligent IoT business achieved operating income of 820 million yuan, an increase of 75.29%over the same period of the previous year, thereby driving the overall revenue to increase. Half -year revenue was 2.477 billion yuan, an increase of 46.17%year -on -year, and net profit was 393 million yuan, an increase of 41.69%year -on -year. It is worth mentioning that benefiting from the booming of the Internet of Things, China Science and Technology's revenue has maintained a strong growth in the past ten years. Among them, the compound growth rate from 2015 to 2021 reached 37.32%. Such a compound growth rate score was rare.

On the whole, China Science and Technology Innovation has a strong revenue. The core is that the Internet of Things sector performs dazzling. Its IoT industry plan is widely used in manufacturing, transportation, supermarket retail, power energy, smart buildings and other industries. So as to help customers in different industries quickly realize digital and intelligent transformation. Take the industrial visual solution as an example. Industrial vision is a very large track. It is not only widely used in the surface defect detection of panel appearance, but also can be applied to the automotive field, such as other extensive industrial fields such as car door panel defect detection.

at last

During the "Fourteenth Five -Year Plan" period, my country will accelerate digital development. The Internet of Things is one of the important infrastructure of the digital economy era. Under the promotion of new technologies such as 5G and artificial intelligence, it will further promote the development of the Internet of Things industry.For enterprises that have rooted in the vertical industry of the Internet of Things, while helping various industries to make digital transformation and innovation faster, it will also usher in development opportunities. The Internet of Things will open a broader room for performance growth for them.Yang Jianyong, a Forbes Chinese writer, is committed to in -depth interpretation of cutting -edge technologies such as the Internet of Things, cloud services and artificial intelligence.

- END -