JT(SZ:300400)2025-08-13 15:30Company Overview - Shenzhen Jintuo Automation Equipment Co., Ltd. is a leading manufacturer in the electronic thermal equipment industry, established in 1997 and listed on the Shenzhen Stock Exchange in 2014 [1][2]. - The company provides a one-stop service for electronic manufacturing, covering processes such as soldering and inspection [1][2]. Financial Performance - In the first half of 2025, the company achieved total revenue of CNY 368.77 million, a year-on-year increase of 12.44% [2]. - Net profit attributable to shareholders reached CNY 53.35 million, up 49.01% from the previous year, indicating a strong profit growth outpacing revenue growth [2]. - The net cash flow from operating activities was CNY 79.29 million, a 60.91% increase year-on-year, reflecting high quality of earnings [2]. - The net profit margin reached 14.47%, the highest in the past five years [2]. Business Strategy and Market Position - The company focuses on core technology in electronic thermal equipment, gradually divesting non-core R&D areas [2][3]. - It has developed proprietary technologies to address industry challenges, such as defects in soldering processes for large-scale integrated circuits [3]. - The company is expanding its production capacity, including a new facility in Malaysia expected to be operational in Q4 2025 [5][6]. International Expansion - As of the first half of 2025, overseas sales accounted for 8.23% of total revenue, indicating significant growth potential in international markets [6]. - The company plans to establish sales centers in Europe, America, Vietnam, India, and Thailand to enhance its global presence [6]. Product Applications and Clientele - The company's products are widely used in various sectors, including consumer electronics, automotive electronics, and aerospace [10]. - It has served over 7,000 clients, including major brands like Foxconn and BYD [10]. Future Outlook - The company has signed contracts worth approximately CNY 289 million (excluding tax) as of June 30, 2025, indicating a robust order backlog [11]. - With ongoing technological advancements and market recovery, the company is poised for steady growth and increased market share [11]. Competitive Advantages - The company maintains a leading position in technology and product iteration speed compared to competitors, emphasizing customer responsiveness and tailored solutions [4]. - Higher profit margins in overseas markets are attributed to the focus on high-end equipment and favorable payment terms [12].