Feiliks(SZ:300240)2022-11-01 08:21Financial Performance - As of the end of Q3 2022, the total assets of the company amounted to 3.841 billion CNY, with a revenue of 5.407 billion CNY, reflecting a year-on-year growth of 10.63% [2] - The net profit attributable to shareholders for the first three quarters was 105 million CNY, a significant increase of 96.99% compared to the same period last year [2] - In Q3, the net profit attributable to shareholders reached 35.07 million CNY, marking a year-on-year growth of 14.83% [2] Business Segmentation - The company's revenue is primarily derived from direct customers, with a ratio of direct customers to peers approximately 7:3 [3] - The revenue distribution across sectors includes: - Electronics and information industry: approximately 33% - Intelligent manufacturing: approximately 33% - New energy sector: approximately 15% - Automotive industry: approximately 5% (down from 9% last year) - Other sectors (including fast-moving consumer goods and textiles): approximately 20% [3] Operational Developments - The company operates an automated warehouse with a total area close to 80,000 square meters, with the upgraded version 3.0 covering about 37,000 square meters [3] - Future plans include increasing the area of automated warehouses to 20% of total storage area and advancing digital transformation in supply chain management [4] International Expansion - The company has established branches in Southeast Asia, including five subsidiaries in Vietnam, with a warehouse area of approximately 60,000 square meters [4] - The Thai branch is expected to commence operations by the end of the year, focusing on rapid growth in the electronics and automotive sectors [4] Strategic Focus - The company is optimistic about the resilience of the Chinese economy and continues to pursue strategic positioning and proactive measures despite external uncertainties [2] - Emphasis on enhancing service quality, expanding customer base, and optimizing operational processes has led to improvements in profitability and operational efficiency [3] Future Outlook - The gross profit margin is expected to gradually improve in the coming years, driven by operational integration and management enhancements [5] - The company aims to strengthen partnerships with major players in the new energy sector and expand its service offerings in this rapidly growing market [5]