Net profit increased hundreds of times! Big sellers won

With the end of the third quarter, starting from October, various listed companies began to disclose their performance for the quarter, and cross-border sellers with excellent performance in various data also began to announce their performance forecasts for the first three quarters of this year.

Turning losses into profits, Huakai Yibai bets on market demand

Recently, the cross-border e-commerce giant Huakai Yibai released its performance forecast for the first three quarters of 2022. The report showed that the company 's net profit attributable to shareholders of listed companies in the first three quarters of this year was 136 million yuan to 159 million yuan , while the same period last year was a loss ( -16.709 million yuan ) , which also means that it has successfully turned losses into profits this year.

Through the semi-annual report it released, it can be calculated that its net profit in the third quarter was approximately RMB 52.428 million to RMB 75.428 million, compared with RMB 5.4254 million in the same period last year . The increase in net profit also shows that its performance growth has increased .

The performance forecast report stated that the operating performance of the controlling subsidiary Yibai Network maintained a good growth trend, with revenue of approximately 3 billion yuan to 3.1 billion yuan; it is expected to achieve a net profit of approximately 175 million yuan to 195 million yuan , and the profit attributable to the listed company is approximately 145 million yuan to 170 million yuan , which is the main reason for the substantial increase in net profit .

As a popular and widespread product, Huakai Yibai has always attracted widespread attention.

Last year, Huakai Creative Company acquired Shenzhen's Daimai Yibai Network and changed its name to "Huakai Yibai", successfully transforming into a cross-border e-commerce company. The revenue from this segment accounts for 90% of the company's total revenue . Since then, the company has been "making great strides" and turned losses into profits .

Through cross-border e-commerce platforms such as Amazon, eBay , AliExpress, and Wish , Huakai Yibai exports categories such as automobile and motorcycle accessories, home gardening, health and beauty, and outdoor sports to overseas markets, taking into account various market demands .

This year, affected by inflation and the energy crisis, consumers have paid more attention to the maintenance of old cars than ever before, so the demand for auto parts and other products has increased significantly.

In addition, as the epidemic situation eases, consumers in the European and American markets where Huakai Yibai mainly operates have begun to return to outdoor life, and the outdoor sports market has become hot again.

In September, Huakai Yibai stated on an investor interaction platform that the company sells winter heating equipment, such as solar heating equipment, fan heaters, electric blankets, etc., to the European and American markets, and the sales volume of such products has increased rapidly since the beginning of this year .

According to its 2021 annual report, Huakai Yibai expects its cross-border export e-commerce business segment to achieve operating revenue of 5 billion to 6 billion yuan and a net profit of 200 million to 250 million yuan in 2022. The latest performance forecast indicates that its net profit (all business segments) in the first three quarters has reached 136 million to 159 million yuan . The net profit of the cross-border e-commerce business segment is unknown, but overall there is still a considerable gap .

Net profit is expected to increase 300 times, and Jiuan Medical's performance is off the charts

After Huakai Yibai released its performance forecast, iHealth followed suit and quickly released its performance forecast for the first three quarters of this year . The report predicted that the company's performance in January-September this year will increase significantly, with net profit attributable to shareholders of listed companies of 16 billion yuan to 16.3 billion yuan, a year-on-year increase of 31,818.29% to 32,416.76%.

In just one year, net profit is expected to increase 300 times, while in the same period last year, iHealth's profit was only around 50 million yuan .

In this regard, iHealth predicts that the reasons are the epidemic and the current exchange rate fluctuations.

iHealth Medical said that due to the impact of the public health incident ( new coronavirus pandemic ) , the company's iHealth test kit products were in strong demand in the U.S. market during the reporting period, so the company's performance increased significantly compared with the same period last year.

In addition , since the beginning of this year, due to the Federal Reserve's continued interest rate hikes and other factors, the US dollar exchange rate has continued to rise, so iHealth's foreign exchange gains have increased compared with the same period last year.

Since the outbreak of the COVID-19 pandemic, iHealth, which specializes in home medical devices, has activated the "accelerator" for its performance growth .

After obtaining the emergency use authorization from the U.S. Food and Drug Administration ( FDA) , iHealth has signed large orders from multiple U.S. government agencies for its COVID-19 antigen testing reagent products , with a total amount of approximately US$ 2.1 billion .

Its stock price has also been rising due to the good news. According to statistics, from November last year to April this year, Jiuan Medical's stock price rose from 5.8 yuan per share to 99.12 yuan per share, an increase of 1609%, and its market value also rose from 2.8 billion yuan to 47.5 billion yuan.

Riding on the favorable trend, iHealth's performance has exploded since last year .

However, the market of Jiuan Medical is full of uncertainties. As the testing products of many pharmaceutical companies enter the market, it is also facing the situation of intensified competition and squeezed space.

At the same time, as the epidemic is gradually brought under control, the demand for its popular products is also weakening accordingly. According to foreign media reports, the number of epidemic tests in the United States has dropped significantly, from an average of about 2 million tests per day in January to an average of about 530,000 tests per day today .

Through its financial report information, we can know that in the first quarter of this year, iHealth 's net profit attributable to shareholders was 14.312 billion yuan , and in the second quarter it was 932 million yuan . The profit dropped by more than 90% month-on-month . In the third quarter, it is expected to achieve a net profit attributable to shareholders of 756 million yuan to 1.056 billion yuan . The overall performance trend is in a rapid decline.

Although most of the profits were contributed by testing kits, iHealth's home healthcare products such as thermometers and weight scales also performed well on Amazon. However, it would be extremely difficult to continue its performance myth in the first quarter.

With outstanding performance, Chuangyuan shares took advantage of the favorable situation to increase net profit

Many major retailers have disclosed their performance forecasts for the first three quarters, and Ningbo Dama Chuangyuan Co., Ltd. has also released signals of its outstanding performance this year.

According to the performance forecast report, in the first three quarters of this year, Chuangyuan Co., Ltd. achieved a net profit of 78 million yuan to 100.5 million yuan , an increase of 299.10% to 414.22% compared with 19.5441 million yuan last year .

With deep roots in the European and American markets, Chuangyuan Holdings mainly operates six categories of products , including fashion stationery, sports and fitness, and home furnishings. It relies on its own website and platforms such as Amazon to start its cross-border business.

Its financial report for the first half of this year showed that the company's stationery business performed well, which may be related to consumers returning to offices and schools. In addition, its revenue in North America increased by about 27% compared with the same period last year.

Therefore, with the company's product gross profit margin increasing year-on-year this year , coupled with the appreciation of the US dollar against the RMB, it is not surprising that the company's performance has increased compared with the same period last year .

At the same time, World Cup peripheral products have been a hot topic recently. Although there is still a month to the event, sales of peripheral products in the global market have become tight, and overseas orders from factories in Yiwu area are also full . Therefore, companies involved in such products may become beneficiaries of the event.

Chuangyuan shares also stated that it has prepared and laid out peripheral products and holiday flags related to the World Cup , so it is expected that its performance in the third and fourth quarters will continue to maintain a good growth momentum.

Although the industry has given up hope for this year's peak season in Europe and the United States, sellers who focus on product categories and have insight into market demand may still be able to make a small profit in such a market situation.

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