Endeavour Technology: medical wearable device pioneer enterprise, construct IOT era super strong barriers
Endeavour Technology is a medical wearable device pioneer enterprise, will construct IOT era super strong barriers. The company has been steadily promoting the "hardware-channel-service" three-step strategy, has been successfully embedded in the supply chain system of Huawei, Lenovo, Xiaomi and many other consumer electronics giants, and at the same time, the IOT era is characterized by customization, cloud-based, and therefore naturally extends the development of the back-end software, cloud platform development needs. At the same time, we judge that the company's future will also be through the cloud platform big data analysis, to create a complete big health mobile medical map.
Lixin Precision 1 quarterly review: performance growth, the future continues to be optimistic
Results of the big increase, in line with expectations: the company's 1 quarterly revenue of 1.811 billion yuan, an increase of 33.57% year-on-year; attributable to shareholders of the listed company's net profit of 153 million yuan, an increase of 69.11% year-on-year; Earnings per share of 0.18 yuan, the company's performance in the first quarter to continue to continue to increase momentum, also in line with our expectations. The company's 1Q results continue to continue the momentum of substantial growth, also in line with our expectations.
Annual performance increase without suspense: along with the gradual mass production of new products, new customers continue to develop and start supplying, part of the company's production capacity has been released; in addition, the company completed the second half of last year on the acquisition of a minority stake in some of the subsidiaries, to further thicken the company's performance, annual performance increase without suspense
Delun Electronics: leading software and hardware company of the smart car
The company announced the 14 annual report, the company's software and hardware company
The company announced 14 annual report: 14 years revenue of 2.635 billion yuan, an increase of 27.29%; attributable to shareholders of listed companies net profit of 98.61 million yuan, a year-on-year decline of 19.65%; EPS 0.24. The company announced the 15 years a quarterly report: a quarterly revenue of 750 million yuan, an increase of 50.78%; attributable to shareholders of listed companies net profit of 23.95 million yuan, an increase of 50.78%; attributable to shareholders of listed companies net profit of 23.95 million yuan. Listed company shareholders net profit of 23.95 million yuan, an increase of 20.15%; EPS0.0578. Quarterly report of the company's revenue increased by 253 million yuan compared with the same period last year, mainly due to the company's automotive products business growth impact of the automotive products have begun to reflect the performance of the 15 years.
Vertical integration and mergers and acquisitions expansion, to create a first-class customer and perfect product platform
The company layout for more than ten years, in the automotive field to create a first-class customer platform and perfect product line. Automotive connector harness, ebox, LED lights, sensors, radar, new energy vehicles, battery modules, charging piles and so on a series of products, the growth of billions of dollars in revenue each year will give the company enough performance support.
Nine Ann Medical: performance in line with expectations, optimistic about the company from the hardware to the transformation of health big data services
The company announced its annual report on April 14, 2014, the company achieved operating income of 425 million yuan, an increase of 4.39% year-on-year, attributable to shareholders of the listed company's net profit of 10.2 million, an increase of 211.23% year-on-year, earnings per share of 0.03 yuan, in line with our previous expectations. The company's turnaround was mainly due to the transfer of 60% stake in its grandson iSmartalarm for $12 million, and the receipt of $4 million from Bloomsky, the grandson of the company's investment in capital increase.
Investment highlights:
Huanxu Electronics: with the SIP module shipments, shipments, 1Q is expected to be the low point of the annual performance there
1Q 2015: revenue of 4.26 billion yuan, an increase of 22.5% year-on-year, attributable to the listed company's net profit of 141 million yuan, a year-on-year decline of 10.5% (deducted from the non-net profit of 109 million yuan, year on year) down 27.5%); earnings per share of 0.13 yuan.
Investment highlights:
The lagging shipment of Huanwei Electronics is the main factor for the poor earnings performance in 1Q. Consolidated gross margin was 11.0% in 1Q (12.85% in FY14), the lowest in 15 quarters. Huanwei Electronics' 1Q smartwatch S1 module shipments were delayed, while costs and expenses increased more (the company's overall administrative and financial expenses rose 38% year-on-year and by more than 79 million yuan).
Delta Battery: interim results in line with expectations, actively layout of new energy vehicles
Investment highlights:
Reiterated buy rating. We maintain the company's 2014-16 earnings forecast of 1.47 yuan, 2.22 yuan, 3.20 yuan, the current price corresponds to 14-16 years PE of 26.5X, 17.5X and 12.1X, considering the company benefited from the stimulation of Apple's new products as well as new energy strategy to enhance the long-term space, we believe that the company's reasonable valuation of the 6-12 months level of 14 years 35 times PE, corresponding to the 6-12 months target price of 51.45X. 12-month target price of 51.45 yuan, reiterating the buy rating.
Suzhou Goodyear: MEMS and photovoltaic business continues to improve
Company in the first three quarters of 2014 to achieve operating income of 692 million yuan, an increase of 10.59%; attributable to shareholders of the listed company's net profit of 33,234,000 yuan, an increase of 11.98%; the basic earnings per share of 0.05 yuan.
The company's photovoltaic silver paste business last year to obtain a certain breakthrough, this year continues to maintain the growth trend, half-yearly revenue of 13,729,400 yuan, the first three quarters to achieve revenue of 23,103,400 yuan, the third quarter to achieve the first quarterly profit. We expect the company's annual sales of positive silver is expected to exceed 5 tons. The company's silver paste new generation of products FC218A in May this year to the market, after mass production test, product performance and foreign competitors new generation of products compared with a strong competitive edge, has been in more than a dozen of cell factory through a small amount of testing, of which 6 into mass production.
Victory Precision, research report: endogenous and epitaxial hair, high-speed growth can be expected
Big parts strategy continues to deepen, improve profitability and development space
Victory Precision was established at the end of 2003, the long term for the LCD TV manufacturers to provide the frame structural parts, accumulated the relevant technological advantages, including: Base (base), metal structural parts (bracket, shield), plastic structural parts (shell, shield), and the structure of the frame. ), plastic structural parts (shell, such as front frame, back cover), lamination, glass and so on. On this basis, the company has gradually developed from providing fragmented structural parts to providing overall structural solutions and structural modules for LCD TVs, forming a preliminary strategy for large components.
CJE: Intel shares in Leyuan, smart wearable add new allies
Investment highlights
Intel Semiconductor (Dalian) Co., Ltd. will subscribe to the Leyuan digital 9.09% of the shares of 30 million yuan, the transfer of equity, the CJE holds 20.45% of the Leyuan digital. In the capital increase and equity transfer of Leyuan digital previously, the shareholding reached 22.5%, and reached an agreement with the original shareholders to acquire the remaining shareholders. The Intel shareholding does not affect the acquisition of the remaining shares of Leyuan by CJE. Announcement shows that the Intel Semiconductor (Dalian) Co., Ltd. to 30 million yuan of the consideration premium subscription Leyuan digital proposed increase in registered capital *** counted 5392222 yuan, after the completion of the transaction, Leyuan digital paid registered capital will increase to 59314444 yuan. Intel Semiconductor (Dalian) Co., Ltd. will hold 9.09% of the shares, CK Electronics will hold 20.45% of the shares, and Le Liuping will hold 54.13% of the shares.
1, smart wearable devices is a category of portable electronic products, the main products are smart watches, smart bracelets, wireless headphones, etc., can be connected through Bluetooth or APP support, and cell phones to establish real-time transmission or data synchronization. Smart wearable devices have portable features and multifunctional interactive experience.
2. The penetration of smart wearable devices into people's lives is getting deeper and deeper, and the expansion of their functions is also getting more and more extensive, which can be realized through the testing of product quality. Smart wearable devices are equipped with connectors to connect circuits and signals, and testing requires a connection module that can transmit current to the connectors to ensure the stability of the test. The Shrapnel Micropin Module is a powerful and stable connection, capable of transmitting large currents within the range of 1-50A in the testing of smart wearable devices such as smart bracelets, smartwatches, and TWS headphones, and also has a strong overcurrent capability in the field of small pitches, which allows it to maintain a stable connection for a long period of time.
What is the definition of smart wearable?
Smart wearable refers to the application of wearable technology to the daily wear of intelligent design, the development of devices that can be worn, such as glasses, gloves, watches, clothing and shoes. Smart wearable devices, can use sensors, radio frequency identification, global positioning system and other information sensing equipment, access to the mobile Internet, to realize the exchange of information between people and things anytime and anywhere.
What is smart wearable
Smart wearable, also known as wearable devices, there are four main features: 1, wear comfortable or even senseless; 2, the use of the process should not interfere with normal life; 3, the appearance should be suitable for the use of occasions and environments; 4, lightweight, wireless is the most basic requirements.
Now there are a lot of smart wearable products, there are smart glasses, smart bracelets, cervical rings, brain rings, beauty eye masks, baby pajamas and so on, which are more widely used in the field of health.