Pay for the rivers and lakes
With the rise of mobile payment, the ATM and POS industry have undergone earth-shaking changes. Last year, the performance of ATM and POS manufacturers showed a different degree of decline, and the decline of individual companies even exceeded 90%.
When the times abandon you, even a goodbye will not say. Three years ago, companies that produce ATMs and POS machines should not expect that it is not a competitor to defeat themselves. With the rise of mobile payments, ATM, POS industry There have been earth-shaking changes. Last year, the performance of ATM and POS manufacturers showed a different degree of decline, and the decline of individual companies even exceeded 90%.
The performance of traditional ATM companies has been declining year by year.
The annual report of Virgin Creative's 2017, which is based on ATM machines, was immediately exposed in the market. In 2017, the company's operating income was 43.06 million yuan, down 60.74% from the same period of last year; The net profit was 3.028 million yuan, down 91.13% from the same period of the previous year.
For the reason of the sharp decline in performance, Virgin Creative believes that mobile payment is a disaster. Virgin Creative said: Under the development of mobile payment, more and more people are accustomed to using mobile payment, even in remote areas and even in rural areas. The crowd began to use the QR code to pay for the code. As the demand for cash use has declined, the bank customers' dependence on the bank's cash-based self-service equipment, especially ATM, has also decreased. The bank's purchase of ATM machines has slowed sharply. Since 2017 Since then, the overall development of the ATM domestic market has been stagnant and shrinking. With the slowdown of self-service equipment, especially ATM deployment, of domestic commercial banks, there is great uncertainty about the development prospects of the industry in which the company is located. During the time, the company's bank self-service equipment image innovation and security protection products business development will be subject to tremendous market pressure and impact.
The performance has fallen sharply. Virgin Creative has prepared a two-year IPO plan and has to announce its termination.
The tragedy of Virgin's creativity is only a microcosm of the ATM industry. The Analysys think tank predicts that by 2019, the scale of China's mobile payment market will reach 104 trillion yuan. With the deepening of mobile payment, the cash-free model is popular, the whole upstream and downstream The industry will undergo earth-shaking changes.
In an interview with the 21st Century Business Herald, a person in charge of the operation of a stock company said that due to the rise of mobile payment and e-banking, people’s dependence on traditional banking outlets is decreasing, cash transactions are significantly reduced, and more and more people are not Relying on the ATM machine, although the total amount of ATM machines has not dropped significantly, the newly installed capacity has been decreasing continuously for nearly three years, and the decline is not small. Some areas even have zero growth. The traditional ATM machine manufacturers are facing the test of transformation.
In addition to Virgin's ideas, the situation of ATM equipment manufacturer Xindatong is not satisfactory. In the case of a loss of 21.297 million last year, the net profit of Xindatong continued to lose 41.306 million yuan in the first quarter of this year. The performance continued to decline, Xindatong The listing price is terrible, and it has been hovering around 0.5 yuan for a long time.
At the same time, there is also a decline in performance, as well as the Royal Bank shares, even the leading company Guangdian Express can not escape bad luck.
On July 18, Guangdian Express issued a performance report. The company's net profit attributable to shareholders of listed companies from January to June 2018 was 344 million yuan, down 35.37% year-on-year.
'Mobile payment technology is becoming more mature and widely used. The domestic banking industry has undergone a transitional situation such as de-counterization and light assetization. As a result, the growth rate of domestic ATM market demand has declined, and equipment prices have fallen and fallen. Maintenance costs are also not as good as before. During the most glorious period of ATM, the maintenance price of a machine is between 8500-10000 yuan/year, which is a big profit source for enterprises, but now it is reduced to 5,000 yuan/year, almost waist-high. However, it has been rising, and the overall profit of the industry is getting thinner. Previously, the competitors of the industry were ATMs of other brands. Now it is discovered that it is a change of the times and technology. 'The head of an ATM production company is a reporter for the 21st Century Business Herald. Express.
Emerging payment equipment vendor card mobile payment
With the fading of traditional financial equipment, mobile payment is a wind and water. The 2017 Mobile Payment User Survey Report released by the China Payment and Clearing Association shows that in 2017, 98.1% of users said that they are most often Life-like scenarios use mobile payments, such as the purchase of food and clothing for life.
Recently, Analysys released the “Monthly Monitoring Report of China's Third-Party Payment Mobile Payment Market in the First Quarter of 2018”. According to the report, in the first quarter of 2018, the transaction volume of China's third-party mobile payment market increased by 6.9%, and the total transaction volume reached 40.36 trillion yuan. Mobile payment gradually replaced the status of ATM, and began to compete in the rivers and lakes.
For example, the intelligent POS machine company Tianyu information that can scan the QR code has been steadily increasing. Its latest semi-annual report shows that the expected profit is 59 million to 63 million yuan, an increase of 99.46% to 112.98%.
The semi-annual performance report of Sunlord Electronics, which is mainly engaged in electronic components, shows that the company achieved operating income of 1.13 billion yuan, an increase of 38.79% over the same period of the previous year; the net profit attributable to shareholders of listed companies was 227 million yuan. In the same period of last year, it increased by 30.73%. Sales revenue and profit reached a record high.
The 2018 semi-annual results announcement issued by the new countries with electronic payment, biometric identification, credit review and other main business shows that the company's estimated profit during the reporting period was 559.98 million yuan - 653.27 million yuan, an increase of 80% over the same period of the previous year - 110%. Xinguodu said that net profit increased significantly compared with the same period of last year, mainly due to the acquisition of Jialian Payment Co., Ltd.'s May-June 2018 results into the listed company, and the net profit was about 5000 during the reporting period. 10,000 yuan -55 million yuan, and after the merger, the company's industrial chain extension layout strategy continues to deepen, which is conducive to the company's integration of superior resources and improve profitability.
'The future payment market is the world of mobile payment. In the past five years, China will enter a turning point in the cashless era. With only mobile phones going out, it has become the daily life of Chinese people. Mobile payment has not only become online, but will also become mainstream offline. The settlement method. The future payment method is moving towards mobilization, wearability and bio-identification. It can be described as 'payment without borders'. It is estimated that by 2019, China Mobile payment market will reach 104 trillion yuan. It will have a huge impact on the entire financial market. ' Ma Ying, senior analyst at Analysys think tank, said in an interview with the 21st Century Business Herald.