Dongshan's precision performance is expected to double, why Tongfang shares fell more than 80%

Dongshan Precision Net Profit is pre-increased by 255%-285%

On the evening of January 29, Dongshan Precision (002384) issued a performance forecast. The report showed that the company's net profit attributable to shareholders of listed companies in 2017 was 51,194,500 yuan - 55,520,850 yuan, an increase of 255%-285% over the same period of the previous year.

Dongshan Precision's net profit attributable to shareholders of listed companies in 2017 is a significant increase compared with the same period of last year, but lower than the expected performance in the previous performance forecast. The main reasons are:

1. The company's related business and product delivery were delayed in the fourth quarter of 2017;

2. The construction of newly started projects has led to an increase in related costs.

Dongshan Precision's business covers precision metal manufacturing and precision electronics manufacturing. The precision metal manufacturing business includes precision sheet metal and precision casting products and integrated product solutions, mainly used in mobile communications, automotive and other industries; Including LED devices and small pitch modules, touch modules, liquid crystal display modules, FPC products, etc., mainly used in consumer electronics, new energy vehicles and other industries.

After years of integration and development, Dongshan Precision has built an industrial structure that integrates R&D, design, production and sales of precision metal and precision electronics businesses, and gradually builds base station antennas, filters, LED packages, and LCMs. , TP, FPC as the core product group. The above-mentioned core product cluster building has laid a solid foundation for the company's core competitiveness.

Netac Intelligence expects net profit to increase 1% to 15% year-on-year

On January 29th, Netac released its performance forecast. The company expects the net profit attributable to shareholders of listed companies from January to December 2017 to be 770.00 million to 88.10 million, a year-on-year change of 0.55% to 15.04%.

The company made the above prediction based on the following reasons: During the reporting period, the company promoted various tasks in an orderly and steadily manner around the 2017 business plan, continuously increased R&D investment, strengthened technological innovation, optimized product structure, integrated business resources, and expanded sales business. The company's main business income has increased by a certain margin compared with the same period of last year. At the same time, the company's operating costs and management expenses have increased.

Tongfang's estimated net profit decreased by 85% to 92% year-on-year

On the evening of January 29, Tongfang Co., Ltd. released a performance report that the net profit attributable to shareholders of listed companies in 2017 was expected to decrease by 3.652 billion yuan to 3.952 billion yuan, a decrease of 85% to 92%.

Tongfang shares said that the main reason for the decrease in the company's performance was mainly due to the sale of the company's Ziguang Guoxin Co., Ltd. (hereinafter referred to as "Ziguang Guoxin") and Longjiang Environmental Group Co., Ltd. (hereinafter referred to as "Dragon" The controlling interest of Jiang Environmental Protection Co., Ltd. confirms the disposal income of the corresponding assets and has formed a large non-recurring income, and the above-mentioned equity disposal has not occurred in 2017.

Tongfang's main products include commercial and consumer electronic equipment such as computers, televisions, and E-persons, as well as CNKI knowledge data products, security security inspection equipment, military equipment, industrial energy conservation, building energy conservation, smart city hardware and software, lighting, etc. Related Products.


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