- Industrial water purification equipment
- Household water purification
- Water Treatment Accessories
- Commercial Reverse Osmosis system
The 2018 financial report was released: the market has risen and fallen. The net water giant has seized a large share of the market.
In China, the popularity of water purifiers is still at a low level, about 13.0% in 2013 and 20.0% in 2017. It is estimated that by 2022, the water purifier penetration rate will be greatly increased to about 38.0%, which means that the explosive growth of the water purification industry is about to begin. In the event of explosive growth, the rapid capture of more significant market opportunities has become a major problem for leading companies in the water purification industry. With the release of the 2018 major water companies, what impact will it bring to the water purification industry?
IoT products become a bright spot, cloud rice sales are 'doubled' growth
On March 18th, Xiaomi Ecological Chain Enterprise Yunmi (NASDAQ: VIOT) released unaudited financial results for the fourth quarter of 2018 and the full year of 2018. The financial report shows that Yunmi’s net profit for the full year of 2018 was 65.4 million yuan.
For the whole year of 2018, Yunmi's net income was 2.561.2 billion yuan ($3.725 billion), an increase of 193.3% year-on-year. Gross profit margin was 28%; net profit was 65.4 million yuan (US$9.5 million), and non-GAAP net income was 182 million yuan ($26.5 million).
In terms of business, as of December 31, 2018, the number of home users reached approximately 1.7 million, compared with approximately 1.4 million at the end of the third quarter of 2018 and approximately 900,000 as of the end of the fourth quarter of 2017. The data also shows that the cloud rice noodle experience store reached about 1,500.
Following the successful launch of 21Face Internet refrigerators, Internet washing machines, Internet water heaters, etc., IoT product portfolio, Yunmi is constantly enriching the IoT smart home appliances, smart home product matrix, and continue to create a complete new experience of home Internet of things for users.
Chen Xiaoping, chairman and CEO of Yunmi, said that in terms of new product launches, Yunmi will continue to expand its existing product line to further enrich the IoT smart home product portfolio. “Overall, we expect to introduce about 56 new products to the market in 2019.”
The performance of Yunmi's whole house Internet appliances has grown rapidly and maintained a strong momentum. This is inseparable from Yunmi's strong investment in product development and channel layout, as well as user recognition and support for Yunmi brand. At the same time, the concept of home Internet of Things Gradually deep into the hearts of the people, Yunmi to create the core value of the whole house Internet home appliances matrix, will be the inevitable trend of the Internet of Things era.
Focus on shared service model, Haoze's performance grows steadily
In the morning of March 27, Haoze released its 2018 annual results, and the main financial indicators showed a steady growth trend. According to the report, Haoze's total revenue for the year of 2018 was approximately RMB 1.645 billion, an increase of 6.2% year-on-year. Gross profit was about 761 million yuan, up 6.3% year-on-year, and gross profit margin remained at a high level of 46.2%. The adjusted net profit was approximately 210 million yuan, a year-on-year increase of 10.8%.
In 2018, along with the “lease + service” and IoT innovation business model, Haoze successfully achieved strategic development of multiple dimensions around the strategic transformation of high-quality sustainable growth, and improved the rental-type sector in the shared service business model. The proportion of business has reduced the proportion of buyout business. During the reporting period, the installed capacity of Haoze Leasing Water Purifier increased by approximately 232,000 units, a year-on-year increase of 52.6%. Among the total installed capacity of 373,000 units in the year, leased water purifiers accounted for approximately 62.2%. , much higher than the previous years.
Looking forward to the future, Haoze Group will further invest in research and development and production of water purification, air purification and water purification dishwashers under the company through deep investment in technology, capital, talents, channels, supply chain and other resources. Core consumables and other water-related smart products. These initiatives have great strategic significance for Haoze to become a leader in the purification industry.
The net profit has fallen sharply. Is the Bishuiyuan environmental protection project right or wrong?
Bishuiyuan released its 2018 performance forecast on January 30. It is estimated that the company's net profit for the full year of 2018 will be 1.255 billion yuan to 1.757 billion yuan, compared with 2.509 billion yuan in the same period of last year, a year-on-year decrease of 50% to 30%.
The company said that the above forecast was based on the following reasons: During the reporting period, the company's net profit attributable to shareholders of listed companies decreased compared with the same period of last year, mainly due to the reduction of leverage in the country to resolve financial risks and the risk of rectifying PPP projects. Under the background, the company has strengthened the risk management and control of on-hand orders and new orders, and some projects have slowed down, and some projects have slowed down. As the macro financing environment has become stricter, the company's overall financing costs and financial expenses have increased significantly in 2018. At the same time, the company's non-recurring gains and losses in 2018 were significantly lower than the non-recurring gains and losses of approximately RMB 240 million in 2017. It is expected that the non-recurring profit and loss amount in the reporting period will affect the company's performance by less than 5%.
It is understood that the change in Bishuiyuan's performance is mainly due to the adjustment of national policies (lower leverage and PPP project clean-up), the company actively strengthened the risk control of PPP projects, thus affecting the project implementation progress and income; plus the company's financial costs Improvement; 240 million yuan in the previous year's results is non-recurring gains and losses, and this year is smaller.
Science and technology are the first productivity, and the growth of the industry giants shows that the more the turning point in the downturn, the more they can't give up their investment in science and technology. In addition to the Internet of Things big data across all products and services, environmental protection projects will become a major choice for companies to fight hard.
If the service is the direct cause of the steady growth of Haoze during the downturn of the big environment, then the technology will provide escort for the success of Yunmi, and what surprises will the environmental protection project bring to Bishuiyuan? let us wait and see.
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