The performance report of listed cross-border enterprises is released! Anker suppliers win

Recently, many listed cross-border companies have released their half-year performance reports, and it can be said that some are happy while others are sad.

Some sellers saw a surge in revenue and net profit, some maintained steady growth, and some saw both revenue and net profit decline, suffering terribly.

Anker supplier Tianjian Acoustic's net profit soared 99%

Tianjian Electroacoustic Co., Ltd. was founded in Zhongshan City, Guangdong Province in 1995. Its main business is the research and development, manufacturing and sales of micro electroacoustic components, consumer, industrial and automotive electroacoustic products, and health acoustic products.

Tianjian Acoustic Co., Ltd. is a professional electroacoustic product manufacturer, whose main customer groups include world-renowned consumer electronics brands and Internet leading companies. In 2022, Anker became Tianjian Acoustic's second largest customer, with annual purchases reaching 71.89 million yuan.

According to the financial report data released by Tianjian Electroacoustic Co., Ltd., in the first half of 2023, the company achieved operating income of 724 million yuan, an increase of 47.00% compared with the same period last year.

Tianjian Electroacoustic Co., Ltd. achieved a net profit attributable to shareholders of the listed company of approximately RMB 53.8766 million, an increase of 99.14% over the same period last year. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was approximately RMB 49.3598 million, an increase of 66.54% over the same period last year.

It is worth mentioning that Tianjian Electroacoustic Co., Ltd. was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on June 9 this year, making it the first cultural enterprise in Ganzhou City to be listed on the Growth Enterprise Market this year.

This is the first time that Tianjian Electroacoustic Co., Ltd. has released its performance report after its listing, and its performance is outstanding.

Regarding the reasons for the improvement in performance and net profit in the first half of 2023, Tianjian Electroacoustic Co., Ltd. stated that the shipment volume of the company's new projects exceeded expectations. At the same time, the exchange gains contributed by overseas sales also greatly helped the company's performance.

Civil Explosives Optoelectronics' performance maintained steady growth

Shenzhen Minbao Optoelectronics Co., Ltd. (hereinafter referred to as "Minbao Optoelectronics") was established in 2010. It is a high-tech enterprise focusing on the green lighting business field, mainly engaged in the research and development, design, manufacturing, sales and services of LED lighting products.

Minbao Optoelectronics serves overseas countries and regions such as Europe, North America, Oceania, Japan, as well as the domestic market, and its products are sold well in more than 100 countries and regions around the world.

The company's brand clients include Endo Lighting, Iwasaki Electric, Cree, OPPLE Lighting and other well-known domestic and foreign companies.

According to the financial report data released by Minbao Optoelectronics, in the first half of 2023, the company achieved operating income of approximately 749 million yuan, an increase of 0.54% compared with the same period last year.

(Picture source: Minbao Optoelectronics Official Account)

Minbao Optoelectronics achieved a net profit of approximately RMB 118 million attributable to shareholders of the listed company, an increase of 1.18% over the same period last year, and a net profit of approximately RMB 115 million attributable to shareholders of the listed company after deducting non-recurring gains and losses, an increase of 10.11% over the same period last year. The net cash flow generated from operating activities was RMB 153 million, a year-on-year increase of 40.77%, and the company's operating performance continued to improve.

It is worth mentioning that Minbao Optoelectronics is also a listed company, which was officially listed on the Shenzhen Stock Exchange on August 4 this year.

Faced with complex and severe situations and numerous risks at home and abroad , Minbao Optoelectronics has demonstrated high profitability and sustainable development capabilities , maintaining a steady growth trend.

The performance of Changrun shares, the "first jack stock", fluctuated

Changrun Co., Ltd. was established in 2002 and is mainly engaged in the research and development, manufacturing and sales of various types of jacks and their extended products. Since 2015, Changrun Co., Ltd.'s sub-category - screw jacks has ranked first in the global screw jack market share and has maintained this position to this day. Currently, Changrun Co., Ltd. is the world's largest commercial jack manufacturer.

Changrun Co., Ltd. is also a listed company. It was listed on the Shanghai Stock Exchange in July 2022 and was called the "first jack stock" by netizens.

Changrun’s products cover more than 100 countries and regions on all continents of the world, and it has the ability to supply full categories of lifting equipment in the complete vehicle supporting market and the automotive aftermarket.

According to the financial report data released by Changrun Co., Ltd., in the first half of 2023, the company achieved operating income of 1.299 billion yuan, a decrease of 11.47% compared with the same period last year.

Changrun shares achieved a net profit attributable to shareholders of the listed company of approximately RMB 65.8658 million, a decrease of 6.96% compared with the same period last year. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was approximately RMB 69.31 million, an increase of 4.01% compared with the same period last year.

Although Changrun's revenue in the first half of the year has declined compared to last year, its non-net profit has maintained steady growth . The company continues to adhere to the business layout of the two major markets of the global automotive aftermarket and automotive supporting parts market. At the same time, in order to improve the layout of the production base, Changrun decided to implement the Thailand production base project, with an estimated total investment of no more than US$26 million. At present, Changrun Thailand has completed the contract for land purchase and the bidding for the construction project.

Overall, Changrun shares have great advantages in the automotive after-sales market and the complete vehicle supporting market, and have a high market share.

Aokai Technology's performance is under pressure, with both revenue and net profit declining!

Founded in 2004, Aokai Technology is mainly engaged in the design, research and development, manufacturing and sales of chargers and other smart terminal charging and storage products. Its products are mainly used in smart phones, tablets, smart wearable devices (smart watches, etc.), smart homes, artificial intelligence equipment, power energy, network energy and other fields.

Aokai Technology has been in the energy storage industry for 19 years and has accumulated a long history of products and supply chains. At present, Aokai Technology has been selected into the supply chain of major mobile phone brands such as Xiaomi and vivo, and also supplies products to well-known cross-border e-commerce companies such as UGREEN and Apeman Innovation.

Aohai Technology also has its own brands: "AOHI" and "MOVE SPEED", and the products of these two brands are sold on multiple platforms such as Amazon, eBay, and Lazada. On Amazon, a mini fast charger of AOHI has also won the Amazon's Choice logo.

As early as August 2020, Aohai Technology was listed on the Shenzhen Stock Exchange.

According to the financial report data released by Aohai Technology, in the first half of 2023, the company achieved a total operating income of 2.016 billion yuan, a decrease of 7.55% compared with the same period last year.

Aohai Technology achieved a net profit of approximately RMB 215 million attributable to shareholders of the listed company , a decrease of 12.44% compared with the same period last year. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was approximately RMB 180 million, a decrease of 24.62% year-on-year.

Regarding the reasons for the decline in performance and net profit in the first half of 2023, Aokai Technology stated that in the first quarter of 2023, the company's performance was relatively under pressure, mainly because the epidemic at the beginning of the year and the spring vacation had a certain impact on the production side, and the consumer electronics market dominated by mobile phones has not yet shown a significant recovery. In the second quarter of 2023, the full rollout of Aokai Technology's new energy vehicle electronic control, photovoltaic storage inverter and other new businesses has caused certain pressure on the expense side in the short term.

In general, in the first half of this year, continued high inflation suppressed some overseas demand, and the performance of many listed cross-border companies was affected to a certain extent. In the second half of the year, the cross-border e-commerce market will still have both opportunities and challenges. Sellers must accurately understand the market situation, find breakthroughs, and discover new growth points.

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Half-year financial report