Weichai Power: short-term business performance is good
he Molded Graphite blocks produced by our company are also called Carbon Graphite Blocks, which can be divided into extruded graphite blocks, extruded graphite squares, molded graphite blocks, molded graphite blocks, Isostatic Graphite blocks, and graphite blocks according to different processing procedures. Different particle sizes can be divided into: fine-grained graphite block, graphite square, medium and coarse-grained graphite block, graphite square, coarse-grained graphite block, etc. Strong chemical stability, high temperature resistance, corrosion resistance, strong lubricity, long service life, can be customized according to customers. Needs to be customized according to size. Molded Graphite,Large Graphite Block,Molded Graphite Block,Carbon Graphite Block Henan Carbon Road New Material Technology Co., Ltd , https://www.kymoldedgraphite.com
In 2009, the company's operations were better. In 2009, the company achieved sales revenue of 35.53 billion yuan, a year-on-year increase of 7.2%, a net profit of 3.41 billion yuan, an increase of 76.4%, corresponding to EPS4.09; in 2009, the company sold 226170 heavy truck engines, an increase of 14.6% over the same period, and construction machinery engines. The sales volume was 82,125 units, a year-on-year decrease of 7%. Shaanxi Auto's heavy truck sales were 58,498 units, a year-on-year decrease of 8.8%. Fast Transmission's sales volume was 532,049 units, a year-on-year increase of 14.5%.
The gross margin level remains high. The company's gross profit margins for 09Q4 and 10Q1 were 26% and 25.1%, respectively, which was lower than 27.3% for 09Q3. We believe that this is mainly due to the increase in the cost of raw materials and purchased spare parts. The future cost will still increase, but In the case of high capacity utilization, there is limited room for gross margin decline.
The cost control is better. 09Q4 company's operating rate and management fee rate were 5.4% and 6.4%, higher than the first three quarters of 2009, we believe that mainly due to the end of the year dealer rebates and bonuses; 10Q1 company operating rates and management rates were 4.8 % and 3.3%, returned to normal levels, cost control ability.
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Henan Kaiyuan special high-purity graphite manufacturer, Large Graphite Block, the use of molded graphite block: widely used in refractory materials and coatings in the metallurgical industry, stabilizers for industrial pyrotechnic materials, pencil leads in light industry, carbon brushes in electrical industry, and batteries in battery industry. Electrodes, fertilizer industry catalyst additives, etc. After deep processing, high-purity graphite can also produce high-tech products such as graphite milk, graphite sealing materials and composite materials, graphite products, and graphite anti-friction additives, which have become important non-metallic mineral raw materials in various industrial sectors.