Industry News

PCB factory Jianding is aggressively attacking the automotive board market and plans to spend 3 billion yuan to expand the capacity of the Hubei Xiantao plant

2020-05-19

PCB factory Jianding Technology is aggressively attacking the automotive board field. On the 21st, the company's board of directors approved a capital increase of 100 million US dollars (about NTD 3 billion) in China's Hubei Xiantao Plant. Demand, the monthly production capacity of 400,000 square feet is expected to be launched in the second quarter.


Jianding's revenue in 2016 was 43.513 billion yuan, with an annual growth rate of 0.32%; today's post-tax net profit was 3.573 billion yuan, and net profit per share was 6.8 yuan, a new high in 5 years and an annual growth of 26.14%.


The structure of the products shipped by Jianding in 2016 has obviously changed, and the proportion of automotive panels in revenue has jumped to 19.1%, ranking first in various product applications. At the same time, with the increase in the number of customers and product categories, this year's proportion is expected to be expected. Break through the 20% mark.


Jianding plans to build a brand-new Hubei Xiantao Second Factory this year, which will focus on the market demand for auto plates, with a monthly production capacity of 400,000 square feet. As for Taiwan ’s Pingzhen and Jiangsu ’s Wuxi plants, they maintain their original production capacity.


Regarding the investment in the construction of China's Hubei Xiantao No. 2 Factory, Jian Ding's supervisor pointed out that the certification process of automobile plates is strict, and it is easier to obtain certification through investment in the construction of a new plant, and it is more beneficial to receive orders.


Although Jingpeng Industry currently ranks as the leading automotive board company in Taiwanese PCB factories, Jianding Chairman Wang Jingchun has been actively arranging in the automotive board market since 2012. Jianding ’s revenue share in automotive boards has been rising all the way, and the proportion of revenue from 2012 9.3%, 11.5% in 2013, 13.7% in 2014 to 16.9% in 2015, up 19.1% last year.


Jianding's revenue in 2016 was 43.513 billion yuan, an annual increase rate of 0.32%; gross profit margin was 17.97%, an increase of 2.31 percentage points from 15.66% in 2015; net operating profit was 3.689 billion yuan, an annual increase rate of 29%; surplus before tax was 4.477 billion yuan The net profit after tax is 3.573 billion yuan, an annual growth rate of 26.14%, and the net profit per share is 6.8 yuan. Based on last year's revenue of Jianding Technology's 43.513 billion yuan, the company's automotive board revenue has exceeded the 8 billion yuan mark last year, reaching 8.31 billion yuan.


Jingpeng's 2016 annual revenue was 23.918 billion yuan, of which auto plates accounted for 74% of revenue, with a conversion amount of 17.7 billion yuan.

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