The hottest high-altitude operation bright spot Di

2022-07-24
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"High altitude operation" chengliangdian Dingli machinery plans to raise funds to expand production capacity

"high altitude operation" chengliangdian Dingli machinery plans to raise funds to expand production capacity

China Construction Machinery Information

Guide: Zhejiang Dingli Machinery Co., Ltd. recently conducted an IPO environmental protection verification and publicity at the environmental protection department of Zhejiang Province. It is worth noting that in recent years, the company's performance has significantly outperformed helenzhe, the leader of high altitude operation vehicles that have landed in a shares, If this IPO is successful, it is expected to become a new leader in the field of A-share aerial work

Zhejiang Dingli Machinery Co., Ltd. recently conducted an IPO environmental protection verification and publicity at the environmental protection department of Zhejiang Province. It is worth noting that in recent years, the company's performance has significantly outperformed helenzhe, the leader of aerial work vehicles that have landed in a shares. If the IPO is successful, it is expected to become a new leader in the field of a shares' high-altitude operations

Dingli machinery is mainly engaged in the R & D and manufacturing of various aerial work platforms, forklifts and other products. According to the verification documents, the company has several series of aerial work products such as self-propelled straight arm type. In 2009, the company was recognized as a high-tech enterprise and a leading enterprise in China's aerial work platform manufacturing industry. According to the IPO process of the company, the company plans to submit the application materials to the CSRC in April, 2012. The fund-raising project of this stock issuance is the "project with an annual output of 6000 large and medium-sized aerial work platforms", with a total investment of 280million yuan

from the financial data, the performance of Dingli machinery has increased rapidly in recent three years. The company's revenue from 2009 to 2011 was 89.0412 million yuan, 153 million yuan and 244million yuan respectively, and its net profit was 10.3129 million yuan, 18.3187 million yuan and 45.2047 million yuan respectively. The average annual compound growth rate of the two was as high as 65.69% and 109.36% respectively. Since the comprehensive technology has reached the international advanced level this year, the high growth momentum of TPJ series mechanical spring fatigue testing machine of the company continues. In the first quarter, the revenue and net profit have been 70.2868 million yuan and 14.535 million yuan respectively

after careful analysis of the company's production capacity data in recent years, it is not difficult to find that almost all of its high growth is contributed by aerial work platform products. Dingli Machinery Co., Ltd. established its first plant in 2005, purchased another plant in 2011, and relocated some assembly processes of aerial work platforms to the plant. At present, plant 1 is mainly engaged in the production of spare parts for forklifts and aerial work platforms and the assembly of some complete machines. Plant 2 is mainly engaged in the assembly of complete machines for some aerial work platforms, the surface treatment of structural parts and the painting process. According to the production capacity data, from 2009 to 2011, the company's Forklift production was 16300, 18100 and 16800 respectively, which not only did not increase significantly, but also slowed down in 2011. However, its aerial work platform production in the same period was 1468, 2638 and 4428 respectively, with a three-year compound growth rate of 73.68%

at present, among A-share listed companies, those similar to Dingli's high-altitude work platform business and with the same volume are mainly marine electrical appliances or components and electromechanical equipment, which have faults due to heating. Their products are mainly used in power and municipal industries, with a market share of nearly 30%. Comparing the two financial data, helenzhe maintained a growth of about 25% from 2009 to 2010, but its net profit fell sharply in 2011. In 2011, the revenue of Dingli machinery was slightly lower than that of hailunzhe, but its net profit exceeded that of hailunzhe by more than 80%. It can be seen that although both are leading enterprises in the field of aerial work, there is a huge difference in profitability. From the perspective of business coverage, the difference in target markets may be one of the reasons. In addition to electric power and the company still showing the development trend of a high-tech enterprise taking off against the market, Dingli machinery also promotes its products to many fields, such as roads, bridges, aviation, shipbuilding, construction and installation

the company currently has a capacity of 5000 aerial work platforms, and this raised investment project will add 6000, with a production expansion ratio of more than double. If the company successfully lands in a shares, it may become a new leader in the field of aerial work

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