In the morning of July 12, lingyizhi made the opening limit. As of the midday close, lingyizhizao closed at 8.23 yuan per share, with a total market value of 58.1 billion yuan, 6.4 billion yuan less than that of the previous trading day. There are 581000 hand sealed orders on the sale of one seat, with a capital of nearly 478 million yuan.
Lingyizhizao is one of the leading companies in Apple’s supply chain. Mainly engaged in precision functional and structural parts, chargers, 5g products and materials business. The company provides functional components, structural components and chargers for mobile phones, iots and tablets of consumer electronics customers such as apple and Android.
On the afternoon of July 11, lingyizhizao released the semi annual performance forecast. It is estimated that the net profit attributable to the shareholders of the listed company in the first half of the year will be 363 million yuan to 463 million yuan, a year-on-year decrease of 26.66% – 42.50%.
In the first quarter, the company realized net profit of 463 million yuan, a year-on-year increase of 613.79%. The data of the first quarter report and the performance forecast for the first half of the year mean that lingyizhizao is likely to lose money in the second quarter, with a maximum loss of 100 million yuan.
As for the reasons for the decline of performance in the first half of the year, lingyizhizao said that due to the shortage of smart phone chip supply, some domestic customers’ demand orders slowed down, resulting in increased allocation of fixed cost of products; Affected by the epidemic, the production of some overseas plants was temporarily suspended, resulting in the delay of mass production of some projects.
In addition, lingyizhizao also said that the company’s profit of precision functional parts business was affected by the demand reduction, price reduction and raw material price rise of some old consumer electronics projects; The company has more R & D projects this year, and the R & D expenses have increased accordingly. It is estimated that the R & D expenses will increase by 210 million yuan compared with the same period of last year, with an increase rate of 32.81%; While developing core business, the company actively expands new business, including automobile, 5g, medical, clean energy, etc. at present, new business is still in the introduction or investment construction period.