The company's main business income is divided into product sales

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From 2021 to the first half of 2024 (referred to as the "reporting period"), the current sensing precision resistor business contributed more than 50% of Junwei Electronics' revenue, fuse revenue accounted for more than 20%, and other products accounted for a relatively small proportion of revenue.


In terms of performance, from 2021 to 2023, Junwei Electronics' operating income was approximately RMB 563 million, RMB 546 million, and RMB 564 million, respectively, and the corresponding net profits were approximately RMB 113 million, RMB 86 million, and RMB 90 million, respectively. The company's performance experienced certain fluctuations.

Junwei Electronics' performance is affected by factors such as downstream industry market demand and sales volume of terminal application products. In recent years, the shipment rate of smartphones and laptops has slowed down as user penetration has reached saturation. In the second half of 2022 and the first half of 2023, affected by the downward trend in gambling data singapore the global macroeconomy and the decline in consumer purchasing power, the demand in the consumer electronics market showed a phased downward trend. Starting from the second half of 2023, the consumer electronics industry represented by smartphones will gradually recover.

Based on current operating conditions, orders in hand and market environment, Junwei Electronics expects its operating income in 2024 to be approximately RMB 600 million to RMB 680 million, a year-on-year increase of 6.39% to 20.57%; it expects net profit attributable to parent company shareholders in 2024 to be RMB 103 million to RMB 115 million, a year-on-year increase of 14.55% to 27.89%.

From 2021 to the first half of 2024, Junwei Electronics' main business gross profit margin was 48.86%, 47.36%, 46.23% and 47.08% respectively, which was higher than the average gross profit margin of comparable companies in the same industry.

In recent years, the current sensing precision resistor and fuse industry has developed rapidly. In addition to Junwei Electronics, overseas and Taiwan's leading companies such as Yageo, Qiankun, Dayi, Littelfuse, EATON, Schurter, and SOC also occupy a strong dominant position in the industry.