Japan Electronics Trading Co., Ltd. (5/11) was invited to participate in the legal briefing held by Guoti Securities today.
Looking ahead to future operations, Yu Yaoguo, executive vice president of Japan Telecom International, pointed out that the company has continued to deepen its niche and high-margin markets including medical, automotive, industrial control, electromechanical, and green energy, expanding its product line, and providing one-stop shopping. A variety of capacitive services, and strengthen the long-tail effect. Japan Electronics trade capacitor products, covering almost all capacitive items.
Yu Yaoguo stated that Japan Telecom traded actively in Vietnam and Malaysia, and cooperated with local manufacturers to improve its gross profit performance. In the acquisition strategy, Yu Yaoguo pointed out that the acquisition plan will continue.
Looking at the passive component market conditions, Yu Yaoguo stated that it will continue to be out of stock this year, and the out-of-stock condition may continue into 2019. Among them, solid-state capacitors and aluminum electrolytic capacitors have a delivery period of about 6 months. It is also difficult to make temporary orders. , Including capacitors and multilayer ceramic capacitors (MLCC) and other product prices will continue to rise. Observe the inventory level, Yu Yao pointed out that the Japan Trade Fair will maintain a relatively reasonable water level.
Looking forward to the operating performance this year, the legal person estimates that the gross profit margin of Japan Electronics Trading Group in the second quarter of this year will not be significantly reversed, and can still maintain a relatively high grade. The performance is not weak in the off-season, and this year's results can rise up quarter by quarter, and the peak falls in the 4th. Quarter. The current inventory level of the daily trading is about 1.3~1.6 months.
Nippon Electric Co., Ltd. is mainly engaged in electrolytic capacitors, solid capacitors, switches, current sensors, multilayer ceramic capacitors, thin film capacitors, etc. The products include Nippon Chemi-Con, Matsushita Electronic, Hitachi AIC, Alps. Fujitsu, Samsung Electro-Mechanics, AVX/Kyocera, Epcos, Kemet et al.
From the product distribution perspective, ceramic capacitors accounted for about 28.6%, electrolytic capacitors accounted for about 21.9%, solid-state capacitors accounted for about 14%, semiconductor ICs accounted for about 16%, LED light-emitting diodes accounted for about 9%.
Japan Electronics Trading Group consolidated revenue of NT$951 million in April, which was a significant increase of 40.3% from RMB677 million in the same period of last year. Accumulatively, it consolidated revenue of RMB 3.535 billion in April this year, which is a significant increase of 31.8% from RMB 2.682 billion in the same period of last year. %. The legal person stated that the monthly revenue of the Japanese electronics trade reached a record high in the same period in April.
In the first quarter of Japan Telecom, the consolidated revenue was 2.584 billion yuan, up 28.9% from 2.004 billion yuan in the same period of last year, and the net profit after taxation in the first quarter was 347 million yuan, a 163% increase from the 1.32 billion yuan in the same period of last year. The first quarterly share tax Post-pure 2.08 yuan, better than last year's EPS 0.8 yuan. Legal persons pointed out that the first quarter of the Japanese electronics trade revenue and profit are set to hit a single-quarter high in the calendar year.