Junsheng Electronics lost 110 million in the first half of 2022 and sold its equity of the subsidiary to accelerate the "weight loss"

Economic Observation Network reporter Zhou Ju On July 11, automobile parts supplier Jun Sheng Electronics released the performance trailer for the first half of 2022. According to the preview, Junsheng Electronics is expected to attribute to shareholders of listed companies in the first half of the year to -110 million, compared with the same period of the previous year, losses will occur. In comparison, the net profit attributable to shareholders of listed companies in the first half of last year was 269 million yuan.

For the fluctuations in performance, Jun Sheng Electronics said in the announcement that there are several main reasons. First of all, in the first half of 2022, the automotive industry was influenced by the turbulence of the new crown epidemic and international political situation. The global light vehicle output decreased by about 3.5%year -on -year, and the output of domestic light vehicles decreased by about 4.6%year -on -year. In the first half of 2022, the company was expected to achieve about 22.7 billion yuan in operating income, a year -on -year decrease of about 950 million yuan, a decrease of about 4.0%.

In addition, since the second half of 2021, the company's performance has suffered a large loss due to the influence of the global new crown epidemic, chip shortage, raw material prices and rising transportation costs.

However, if non -recurring profit or loss is deducted, the profit and loss of e -profit is expected to be positive. According to Junsheng Electronics, the net profit after deducting non -recurring profit and loss of the owner of the parent company in the first half of 2022 was about 80 million yuan.

Junsheng Electronics stated that the company confirmed the loss of production and suspension of production and reorganization costs as non -recurring losses in accordance with relevant accounting standards. Among them, since late March 2022, due to the major adverse adverseness of the new crown epidemic in Shanghai and the Yangtze River Delta region in China, fixed labor costs and related expenses are generated during the stop of labor and production (such as employee salary, fixed asset depreciation, and amortization of intangible asset amortization of intangible assets. Wait) about 140 million yuan.

In addition, in order to cope with the external environment challenges and improve the efficiency and performance level, the Automobile Safety Division continued to promote the reorganization of regional business in Europe and the Americas. In the first half of 2022, the reorganization and integration cost of about 200 million yuan. These are calculated for non -recurring profit or loss.

Junsheng Electronics is a domestic auto parts supplier and technical service provider. It is mainly committed to research and development, manufacturing, services and sales of intelligent driving systems, automotive safety systems, new energy vehicle power management systems, and networking technology. Living in the global automotive electronics and automotive safety markets, it is a supplier of a number of vehicle companies at home and abroad. However, since 2021, affected by factors such as the epidemic and chip shortage, the auction of electronics has suffered a loss of performance.

In 2021, the operating income of Junsheng Electronics was 45.67 billion yuan, a year-on-year decrease of 4.64%; the net profit attributable to shareholders of listed companies was -3.75 billion yuan, which was a loss from profit to the same period last year. This is the first annual loss of Junsheng Electronics since 2010.

Judging from the losses in the first half of the year, Jun Sheng Electronics still did not come out of the impact of epidemic and chip shortages. Junsheng Electronics stated that its net profit attributable to the parent company to the parent company in the first quarter of 2022 was about -160 million yuan, and it is expected that the net profit attributable to the parent company to the parent company was about 50 million yuan in the second quarter.

Junsheng Electronics stated in the announcement that since the beginning of this year, the company has actively adopted various measures to slow down, reduce the impact of external factors, improve its performance around the aspects of stable supply, control expenditure, improvement efficiency, and transformation of costs, and gradually achieve results. Essence

In addition, the attention of the industry was that Junsheng Electronics issued an announcement on July 9, saying that it was planned to sell the holding company Ningbo Junsheng Qunying Automobile System Co., Ltd. to the shareholding company of Guangdong Xiangshan Hengter Group Co., Ltd. Xiangshan Co., Ltd. purchased 10.4%of the equity by issuing shares to purchase no more than 6.6%of the equity. After the equity was sold, the equity of Junsheng Electronics had dropped to 32%of the equity of Junsheng Qunying.

Junsheng Qunying was established in March 2019. The company's operating scope covers high -voltage charging power distribution units, turbocharged into the exhaust system, body cleaning system, air management system, and other high -end interior accessories.

It is worth noting that this is the second transfer of Junsheng Electronics for the second time the equity of Junsheng Yingying in the past two years. As early as November 2020, Junsheng Electronics will transfer 51%of the equity of Jun Ying, and transferred to Xiangshan shares at a price of 2.04 billion yuan.

At that time, for the reasons for the transfer of Junjun Yingying, Judong Electronics said that in the future, the company will focus more on the main business directions such as the main, passive and safe, autonomous driving, car networking, smart cockpit -V2X, new energy vehicle electrical control management technology and other resources in terms of resources, revealing the trend of shrinking business.

Nowadays, Junsheng Electronics has further transferred some of the equity of Junjia Yingying, showing the acceleration of "weight loss". Next, it will focus on superior resources to achieve cost reduction and efficiency and restore profitability as soon as possible.

In terms of the capital market, as of July 12, Judong Electronics closed at 14.91 yuan/share, an increase of 3.97%, with a total market value of 20.398 billion yuan.

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