Industry new
What competitive advantages do companies have in magnetic materials and their applications?
The influence of the “steady growth” policy overweight continues to deepen. At the same time that the glass industry took over the leading banner of cement, the market enthusiasm began to spread from infrastructure investment to the resource sector. Affected by this, the non-ferrous metals and coal resources sector today opened lower and led the two cities. In light of the recent performance of infrastructure topics such as cement and building materials, we believe that the probability of resource plates such as non-ferrous metals will continue to strengthen in the short term is relatively large. Therefore, for some stocks with good technical forms and excellent fundamentals, such as China Steel Tianyuan, investors can pay due attention.
The company's main business is R&D, production and sales of magnetic materials, magnetic devices, magnetic separation and related auxiliary equipment. It is the main development of domestic high-performance permanent ferrite materials, high-performance magnetic tile for automotive motors and deep processing of mineral materials for magnetic materials. supplier.
In the field of magnetic materials and their applications, the company has a strong competitive advantage: On the one hand, the company realizes forward integration and backward integration with magnetic materials as its core, and it has raw materials for magnetic materials—magnetic materials—magnetic devices—magnetic materials. Applying the entire industrial chain, while improving the company's internal management, it also enriches the company's product variety, which is conducive to strengthening the ability to resist market trends. On the other hand, the company has a leading position in the field of regional technology. The company has developed a unique catalytic technology for the production of trimanganese tetraoxide. The rapid endpoint detection technology has solved technical problems such as the removal of harmful impurities and re-agglomeration of ultra-fine crystalline particles. It has been ensured through the addition of new high-performance composite additives for complex catalytic oxidation. The high consistency of the product, the technology is still a blank in China, reaching the domestic leading level. With this advantage, the company's market share in magnetic materials, especially in the field of manganese tetraoxide, has been at the forefront of the domestic market. At present, the company’s leading product, manganese trioxide, has a national market share of more than 30%, second only to Jinrui Technology. However, compared with the latter, the company's product gross margin was significantly higher.
In 2011, the company raised funds to build high-efficiency and energy-saving ultra-fine and fragmented pre-selected metallurgical mines and large-scale complete sets of equipment and high-efficiency permanent magnet motor industrialization projects. According to the plan, after the two projects reach production, they will increase sales revenue by 2.63 and 246 million yuan respectively, and realize a net profit of 47.56 million yuan and 23.1 million yuan. For a company with an annual profit of nearly 10 million yuan, this will significantly increase its profitability.
In the secondary market, after a long period of sideways trading, the stocks began to gradually gather together and formed strong support for the stock price. Recently, the stock has risen in a contrarian direction. Today, it is once again putting heavy volume on the annual line. The market outlook can be seen as high.