According to Wind statistics, as of the end of August, 286 companies in the Shenwan electronics industry disclosed interim reports. On the whole, the overall performance of the industry in the first half of the year is still showing positive growth under the influence of the epidemic. The total operating income is 1052.0 billion yuan, an increase of 41 billion yuan over the same period last year, a year-on-year increase of 4.06%; operating profit and net profit are 57.9 billion yuan respectively , 50.1 billion yuan, an increase of 17.2% and 19.09% respectively. The performance growth rate of the electronics industry ranked fourth among 28 industries in Shenwan, and the performance of the interim report was good.

From the perspective of performance distribution characteristics, the growth of super-large companies is slow, large companies generally maintain a high growth momentum, medium-sized companies are differentiated, and small and micro companies are mixed.

Very large companies grow slowly

There are two super-large companies in the electronics industry with revenues of over 100 billion yuan, namely Industrial Fortune and HNA Technology. Among them, Industrial Fortune, a subsidiary of Foxconn, the world’s largest consumer electronics foundry, has a total revenue of 176.654 billion yuan in the first half of this year, compared with last year. Over the same period, there was a slight increase of 6.1 billion yuan, a growth rate of only 3.6%; operating profit in the first half of this year was 5.677 billion yuan, a decrease of 226 million yuan from the same period last year, a decrease of 3.83%; net profit was 5.04 billion yuan, a year-on-year decrease of 437 million yuan, a decrease of 7.98% .

However, Fulian Industrial achieved operating income of 96.60 billion yuan in the second quarter, a year-on-year increase of 6.87%, and net profit attributable to shareholders of the parent company was 3.173 billion yuan, a year-on-year increase of 21.85%. Operating income and profit levels both rebounded compared with the first quarter. . The company's size is huge, but its return on assets is low, ROE is only 5.51%, and its growth is weak.

HNA Technology is mainly engaged in IT product distribution business, focusing on markets such as Europe and the United States. In the first half of the year, the company achieved operating income of 151.987 billion yuan, a year-on-year decrease of 3.19%. In the first half of the year, operating profit was 1.106 billion yuan, a substantial increase of 106% year-on-year. Net profit was 668 million yuan, an increase of 238% year-on-year. However, the company’s return on assets is lower than that of Industrial Fortune, with ROE only 3.27%

Large companies maintain high growth

There are 18 large electronics companies with revenues of more than 10 billion yuan, and most of them achieved positive growth in revenue in the first half of the year. Wingtech’s top revenue growth rate was Wingtech’s total operating revenue of 24.118 billion yuan in the first half of the year, an increase of 12.7 billion yuan over the same period last year, an increase of 110.93%; operating profit of 2.109 billion yuan, a year-on-year increase of 661.4%; net profit of 1.751 billion. A year-on-year increase of 689%; return on equity (ROE) was 7.74%.