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Might need electrical power in the winter to keep you warm...
https://9to5mac.com/2020/11/14/apple-winter-surprise-rumor/
If he had to deal with a trade war, I don’t think there would be much he could say, delayed electrical, delayed litigation delayed lqmt production...yihao was primed and ready in 2018, but lqmt was holding a seven deuce at that point, not a hand they wanted to play so they waited for a new deal...
2018/2019 was a wash redo 2020/2021? What ever happened to Apples air power?
I would think so.
CE liquidmetal is a GO in China, Samsung w21 5G rumored to be using lm hinge...
Looks as though CE will become relevant one way or another by March...Apple or no Apple times running short:)
I guess my expectations were too high, each quarter hammered my expectations, after this Q i can now see a small snowball.
Just to touch on industrial for a minute - I see LK move 200+% within a couple weeks with a 12 machines order that’s geared for auto industry, curious to know what hundreds will do? ;)
Look for Apple’s ‘portless’ iPhone, vivio Apex 2 is a start of what to expect...
Latest news Apple is Currently looking towards launch dates, maybe 2021,2022...the latter seems more likely...go LK go!!
Why do I feel like this was expected in 2018???!!!
TC: profitable
- 2018 3Q probable
- 2018 4Q high probability
With 1Q 2019 becoming profitable!
Better late then never!
I think the game switched up, none the less we are still going towards the goal of becoming profitable in the next two Q’s...why the long sale lead times? I don’t think mass production was the issue here, it seems as though it was more on the customers end commitments...
I think your right, possibly more to come soon, buy when there’s blood on the street.
Ummmmm....yea, sooooooo....uuuuugggghhhhh!
Ouch!!!
http://static.cninfo.com.cn/finalpage/2020-04-28/1207636332.PDF
Not expecting anything until the 10th...good day:)
GM’s up to batt
Lighter, stronger and more durable, the industry's first mass-produced forged magnesium alloy wheel was unveiled with the new Cadillac V series model.
Shangmei.com Today
Shanghai – Cadillac recently released the first batch of uncamouflaged appearance pictures of V series BLACKWING high-performance models, revealing the exclusive magnesium alloy wheels of the series, which is the industry's first mass-produced forging (forging and spinning) magnesium alloy wheels.
The magnesium alloy wheel is inspired by the Cadillac DPi-V.R, which won the championship in the North American IMSA Series. It helps to reduce the underspring quality of the vehicle, improve maneuverability and overall driving experience. The mass production of forged magnesium alloy wheels will be available as an optional configuration, and will be launched in North America in the summer of 2021 with 2022 CT4-V BLACKWING and CT5-V BLACKWING.
It is worth mentioning that this magnesium alloy wheel is an open innovation achievement achieved by GM's Chinese Academy of Sciences in conjunction with Chinese suppliers and universities. Among the metal structural materials used on a large scale, magnesium alloys have the lowest density. Compared with the traditional low-pressure casting process, GM's forging rotation technology significantly improves the strength and ductility of magnesium alloys, and adopts a new corrosion-resistant coating and systematic anti-corrosion design, breaking through the shortcoming of insufficient corrosion resistance of magnesium alloy wheels in the past few decades. Recently, this forged magnesium alloy wheel won the Best Manufacturing Technology Award from the International Magnesium Association (IMA).
Dr. Wang Jianfeng, executive dean of GM's Chinese Academy of Sciences, said: "Based on the extensive and in-depth linkage of industry, university and research, we have realized open innovation adapted to local conditions, successfully expanded the minority products that originally belonged to the track and modification market to the original configuration of mass production models, and established a new innovative application of automotive materials. Benchmark.
Taking the opportunity of joint material research, GM China Academy of Science officially launched the postdoctoral scientific research workstation in September this year. In the future, it will deepen application-oriented basic scientific research and continue to promote the commercialization and industrialization of technological innovation in China and even the world.
Source: Cadillac China Official Website
Something tells me we see it in the mini/pro max or just pro max...both of those articles were specifically talking about Apple and 5G bringing in de-metallization to the midframes/phones:)
Hmmmm...the name?!?!? Welcome;)
Scroll down to miscellaneous...
https://www.marketbeat.com/stocks/OTCMKTS/LQMT/
I’m not sure I was skeptical at first but it does sound like it will be us...I guess we have to wait and see?!
Btw Apple just announced a November 10th event this is the same day as lqmt quarterly results...coincidence?
I think the inner frame ‘support’ or ‘I beam’ is liquidmetal, I do know that BYD is making these 5G antennas from ‘ceramics’ but BYD is also part of the inner circle for liquidmetal production and they are also up over 200% on the year...look we may never know wether we are part of this until the revenue hits...but de-metalization hmmmm...now where did I see that again;)
http://www.lqmtchina.com/detail.aspx?id=262
https://xueqiu.com/1553799558/136086494?from=singlemessage
Best look at 8:00
“Under the trend of 5G communication, wireless charging and full screen, the process of demetalization of the appearance of mobile phones has begun. The trend of demetalization will reconstruct the entire industrial value chain of mobile phone appearance parts. Under the leadership of Apple, the structure of mobile phone appearance parts has developed from monomer to "sandwich", and the material double glass/ceramic + metal middle frame scheme will become the mainstream.”
3-5year marks....
“Our engineering and operations teams are working aggressively to qualify lower-cost amorphous alloys, implement new production processes and prepare our new building for move-in this summer. This investment provides us the increased capacity we need to serve customer opportunities and space to grow our business substantially over the next three to five years,” stated Bruce Bromage, Executive Vice President of Engineering & Operations.
Maybe he doesn’t want this pumped to high heaven, (“step away from the Apple rumors”) he knows the date, I don’t think it’s for selfish reasons it’s more for keeping investors honest...imo
My take, an investor who wants to keep the price below 12...he was speaking about li
Interview with Professor Li Yangde, a famous leader of liquid metal with deep feelings of family and country
2018-02-12
Source: Hong Kong Commercial Daily
[Hong Kong Commercial Daily News] Reporter Su Wei reported: On February 8, Dongguan Yian Technology Co., Ltd. (hereinafter referred to as "Yian Technology") and Zhongyue Amorphous New Materials Co., Ltd. (hereinafter referred to as "Zhongyue Amorphous") In Dengfeng, Henan, it reached a cooperation expectation and successfully signed a contract on the "Yian Technology Liquid Metal Material Industrial Park Project". Investors Zhongyue Amorphous and Yian Technology adopt a joint venture cooperation method. The two parties will establish a joint venture company for joint development and realize the domestic liquid metal industrialization.
Signing contract between Yian Technology and Zhongyue Amorphous
After the signing of the contract, the reporter interviewed Professor Li Yangde, Chairman of Yian Technology.
Reporter: Professor Li, what is the current global development layout of the amorphous industry?
Professor Li Yangde: Liquid metal is also known as amorphous alloy. At present, China is the center of global amorphous research. There are more than 1,000 scientists and 100 institutions dedicated to the gradual research and development of the country. In addition, there are also companies that have invested heavily in the development of amorphous industrialization. , At the product level, we are in the forefront of the world. However, because amorphous patents are more monopolized by foreign companies, it is difficult for China's amorphous to go abroad. In view of this, I acquired 46% of the shares of the world's most well-known company Liquid Metal Technology Co., Ltd. with my own funds, and became chairman and CEO. The company has more than 130 amorphous patents around the world. After the acquisition, the patent was granted to Yian Technology in parallel, opening the door for amorphous to the global market.
Yian Technology signed a contract to acquire American Liquid Metal Technology Co., Ltd.
Reporter: What is the potential of amorphous in the domestic and foreign markets? What are the directions for future cooperation?
Professor Li Yangde: The amorphous industry is very huge. It alternates with the advent of the 5G era. The demand for amorphous in the consumer electronics market is at least 100 billion per year. The bulk amorphous market is really too big. Within ten or eight years, it will be a blue ocean without competition. Yian Technology is committed to promoting the development of the industry step by step, and will conduct in-depth cooperation with enterprises interested in entering the industry. According to the layout of the country’s industrialization, many regions have very good potential markets. For example, Chongqing, as a notebook R&D and production base, and the Liquid Metal Industrial Park in Pizhou, Jiangsu have a lot of room for cooperation. I hope that more companies will follow the local Demand comes to cooperate with Yian Technology to jointly promote the development of amorphous industrialization.
Reporter: It is rumored that you are interacting with Apple. Do you have any business?
Professor Li Yangde: Yian Technology has been committed to the gradual R&D and industrialization development for many years. It is now a global leader in amorphous industrialization. It has supplied amorphous components to the consumer electronics industry at home and abroad, and is the first echelon brand in the mobile phone industry at home and abroad. As for the customer’s supplier, it is temporarily inconvenient to disclose whether or not to sign contracts with some major domestic and foreign brands to replace the customer’s requirements.
Reporter: What are the application areas of amorphous? What are the advantages of the unique structure and performance in national defense and military applications?
Professor Li Yangde: The outstanding material properties of bulk amorphous materials and their special molding process have the potential to be applied in many industrial fields. In addition to consumer electronic structural parts, applications in the automotive, industrial-grade products and military fields also have great potential. For example, in the military industry, amorphous materials have more than three times the strength of conventional steel and more than two hardness , Precision molding and other advantages, can be used as structural parts of pistols, but as a Hong Kong-funded enterprise, Yian Technology cannot engage in military-related industries. If the country has corresponding needs, Yian Technology can transfer technology and make contributions to the country.
As the chairman of IKE Technology, Professor Li Yangde's multiple identities, achievements in industry-university-research cooperation and family and country feelings are more worthy of attention. He is an expert of the Shenyang Institute of Metal Research of the Chinese Academy of Sciences, the Scientific and Technological Achievement Transformation Cooperation Committee of the China High-tech Industrialization Research Association, and a professor at the Hua University of Science and Technology, Beijing University of Science and Technology and other universities. The industrialization development of the material industry is an entrepreneur with the feelings of a scientist. Professor Li Yangde has occasionally stated in a number of important occasions that he can transfer technology to qualified enterprises free of charge for the technology and products needed by the country, and make his due contribution to the country.
Reporter: Professor Li said that you are the leader in the liquid metal industry. If the mass media evaluates you as a "midwife midwife" for liquid metal, what do you think?
Professor Li Yangde: I am not the leader. Academician Wang Weihua of the Chinese Academy of Sciences is the real leader. I should be a "dragon foot". Although the dragon foot is not as important as technical research, the dragon foot is used to land! Technology transformation and industrialization, hahaha...Some people call me the "mother of liquid metal". Many "fathers of liquid metal" married me and gave birth to many "babies of liquid metal", hahaha...
After the reporter's interview, the biggest intuitive feeling is that Professor Li is different from ordinary entrepreneurs. He has always been active in the field of scientific research with a humble, forging ahead, and profound sense of family and country. The direction of development is to develop the application of liquid metal in various fields with innovative spirit and emerging development, and realize the development of industrialization, and open a new era of liquid metal. We look forward to the early success of Professor Li.
Bingo...”read between the lines”
10 year old - Apple ?
M...A....N....I....P....U.....L....A....T....I....O....N!!
Some here may say otherwise but it may be in there best interest to do so....blocked long ago...
Earnings announcement expected on 11/10/20
If anyone wants to know where liquidmetal production stands...otw and josh have posted same articles worth a second read
https://xw.qq.com/cmsid/20200812A032KK00
Huawei folding screen volume, liquid metal new air outlet is ready
Alpha Workshop Research Institute08-12 07:30
2 Hot comments
Huawei's folding screen mobile phone realizes volume, the key product material liquid metal enters the industrialization, liquid metal enters the industrialization, and a new outlet is ready to go.
Before Yu Chengdong, president of Huawei CBG, revealed that "zirconium-based liquid metal", liquid metal has been in imagination for a long time. It is the T-1000 in Terminator, which slowly condenses from melted mercury objects into a robot with explosive combat effectiveness.
That's an imagination, not a real future of technology and industry. Nearly a hundred years after its discovery, due to the release of Huawei mate x series mobile phones, China's liquid metal industrialization process began to accelerate and is expected to lead the world.
Because the melting point of liquid metal materials is much lower than that of stainless steel and other alloys, and its hardness and wear resistance are excellent, the industry has always expected that this material can be widely used in intelligent equipment, including mobile phones, automobiles, military industry and other fields. However, due to the production capacity and technical threshold, the application scope has not been wide.
The T-1000 gives people imagination, but it is not the future reality of liquid metals.
Previously, Apple was the first to apply liquid metal materials to SIM clips, and some niche brands used it as a middle frame. So far, Huawei mate series chain accessories are the largest application cases of liquid metals in the field of mobile phones.
With the gradual expansion of Huawei's folding screen mobile phones, the scale of the liquid metal industry chain is also gradually increasing, and it is also attracting the attention of the capital market. Recently, "Intelligent Things" learned that Changzhou Shizhen, a liquid metal company based in Jiangsu Province, has just obtained a financing. From Lenovo Investment and its founder Xu Shizhong, its valuation has approached 2 billion yuan.
Changzhou Shijing is also one of the suppliers of Huawei mate x series "zirconium-based liquid metal" chain products.
01 From Apple to Huawei, liquid metal technology is well-known.
Apple was the first to invest in promoting the commercial use of liquid metals. On August 5, 2010, it announced to the world that it had bought out the permanent and global use rights of Liquid Metal's amorphous alloy (liquid metal) products in the field of consumer electronics. Overnight, Liquid metal stocks soared by 85%, and liquid metal materials attracted world attention.
Liquid metal has both metal and glass properties, with extremely high strength and hardness and high finish texture. It is both beautiful and strong, which is in line with the exquisite and durable iPhone positioning. Therefore, Apple began to develop relevant technologies around 2006. Founded in 1983, Liquid metal was the only company in the world at that time with the most comprehensive and core block amorphous metal-related intellectual property rights. It was also the first to successfully apply liquid metal to the commercial field, which was first seen by Apple.
At that time, Apple intended to use liquid metal to make the iPhone case. It not only tried the design of liquid metal middle frame and the research and development of molds, but also teamed up a team with Foxconn to produce dozens of medium frame samples, but eventually gave up due to the high cost of production and manufacturing.
After the compromise, Apple later made the iPhone card pick-up pin with this new material, but the impact of its move was deeply branded in the industry. It pulls liquid metal to people's eyes, attracting capital and new players to pour in.
The unique characteristics of liquid metals are suitable for smart wear and other developments.
The formation of the domestic industrial chain is due to this. A large number of players, such as Pamti Haoyu, Yi'an Technology and Changzhou Shijing, are also deeply related to Apple's Foxconn project.
Shortly after Apple's admission, Huawei also established the 2012 laboratory to select the world's top talents and scientific and technological projects and cultivate the most promising advanced technology in AI, software, communication, materials and other fields. Liquid metals are one of the small branches.
Huawei has conducted a 28-day salt spray test. It found that liquid metal is the only substance that has not oxidized, which prompted it to choose it among thousands of materials. Huawei has determined that liquid metal will be the best material choice in commercial use, and has continued to accumulate research and development for many years. Therefore, when designing the Mate X series mobile phone chain, liquid metal materials can be properly applied.
Liquid metal materials are very attractive. After more than ten years of development, although there has been no more commercial action, Apple has never given up technology accumulation on it, and Foxconn still retains the liquid metal project research team. Nowadays, from Apple to Huawei, liquid metal parts have also moved from the clip to the hinge, with a qualitative change.
Different from the previous small parts such as clipping and camera support parts, the overall design of zirconium-based liquid metal chain is quite complex and larger, which raises the technology and production level of liquid metal parts. It is generally believed in the industry that similar to the emergence of the first generation of iPhone in 2007, although the technology is not mature and the shipment performance is not ideal, but due to its innovative design in technology and products, 5G folding screen mobile phones have epoch-making product significance and can boost the liquid metal industry in shipments.
The zirconium-based liquid metal chain developed by Huawei has brought hope to the liquid metal industry.
02 Folding screen volume, turning point of liquid metal application
However, the difficult molding of liquid metal materials, the high technical threshold, low production capacity and high cost have brought too many obstacles to its commercialization. Looking back on history, it is not surprising that Apple and Foxconn have not been successful in research and development.
Even today, due to the high technical threshold of liquid metal chain design, there are not many real players in the folding screen mobile phone industry at present. Only Huawei and Samsung are in the forefront, and other manufacturers have not kept up. Affected by liquid metal production capacity, the mass production problem of Huawei folding screen mobile phones has also been quite a headache in the past year since its launch.
Previously, Yu Chengdong mentioned in the promotion of folding screen mobile phone products that the key technologies of folding screen mobile phones are flexible screens and chain, and mass production also depends on these two parts.
However, the optimistic attitude of mobile phone manufacturers towards this market has not changed, including Lenovo, Xiaomi and others are working hard to develop folding screen mobile phones.
IHS Markit also gave data forecasts, saying that the shipment of foldable mobile phones is expected to be 8.3 million and 17.5 million respectively this year and that shipments will climb to 53.4 million by 2025, with a compound annual growth rate of 81% and a penetration rate of about 3.4%. Its data performance is somewhat similar to the shipment trend of iPhone phones that year.
The sales volume of mate xs so far is hundreds of thousands, which may lead to a turning point in the liquid metal industry.
In particular, Huawei recently adjusted the out-of-stock status of Mate Xs on major platforms, and revealed that the upcoming release of the inward folding and more mature product Mate X2, as well as the release of outward folding products in the next few months, all indicate that its control over the design technology of the chain is proficient.
Recently, Google also said that it would launch a folding screen mobile phone Passport in 2021 and other news. It is not difficult to measure the production problem or have been solved from the technical level.
Judging from the actions of mobile phone manufacturers, the predictions of institutions and the actions of liquid metal suppliers themselves, the large number of folding screen mobile phones is likely to be a reality. As Huawei's liquid metal parts supplier, Yi'an Technology and Changzhou Shijing cover most of the industry. Therefore, the amount of folding screen mobile phones not only means hope, but also brings more practical impact to the liquid metal industry, especially the increase of revenue.
Non-profit is a common situation in the liquid metal industry. Up to now, Liquid metal's book revenue is not good at all, and its perennial losses have also become a normal phenomenon in the liquid metal industry.
Recently, Changzhou Shijing has not only just obtained financing, but also its CEO Xu Shizhong announced that he will lease the 600 square meters of his other company Carbon Yuan Technology to Shijing from August 1, which is actively implying the growth of the demand market.
Yi'an Technology recently attracted Sanxiang Zirconium and Magnesium to inject 100 million yuan into Ningde Sanxiang, and promised to provide it with all technical support for amorphous alloys (liquid metals), authorize the use of all relevant technologies, and sell equipment, and also have a trend to expand production capacity.
It can be said that the actions of the two companies basically implement the speculation of Huawei's folding screen mobile phone volume, and also hint that the whole industry will gradually improve revenue due to the increase in product shipments, otherwise capital and new players will not enter.
The liquid metal industry has entered a turning point in history.
03 Liquid metal industrialization problem
It is a fact that the liquid metal industry has not developed, and it is also true that the enthusiasm of various manufacturers has not diminished.
In the past, on the way to explore the commercial use of liquid metals, "losers" are not uncommon. BYD, which was rumored to have been developing liquid millet batteries in the early years, but it is unknown how it has also been far-reaching in the commercialization of lithium iron phosphate batteries. Apple obtained two new patents in the field of liquid metals in 2015, which once brought hope to the industry, but in the end it was not.
Behind their weakness in driving the development of liquid metals, the key is that the liquid metal industry itself is not mature in terms of technology, production and manufacturing technology.
Judging from the 60% yield data released by Changzhou Shijing, manufacturers still have some shortcomings in material research and development, equipment development and process optimization. Some people in the industry have also pointed out for a long time that the preparation process and equipment quantification method of liquid metals are not perfect, and the insufficient supporting resources will greatly restrict the industrialization and large-scale application of liquid metals.
Judging from the direction of technology patents of various companies in the past two years, they actually have this concern. Among the about 30 patents applied for by Changzhou Shijingsheng, except for product design patents, all other patents are concentrated on the improvement of process and material technology, of which one-fifth of the patents are used to reduce costs, accelerate production speed and improve yield. The patents applied for by Yi'an Technology in the past two years have focused more on the design and development of equipment, but the purpose is also obvious, focusing on improving the production capacity of a single equipment.
But there are not only enthusiastic manufacturers such as Apple and Huawei, but also Turing Robotic Industries, which really made liquid metal shell phones, that is, Turing mobile phones that everyone like, and Asus Zenphone 6 released last year. , similar design was made.
In 2020, Black Shark released the ROG Magic Bar 4 Plus, which also used liquid metal materials in the new field of heat dissipation layer.
Including the Tesla Model X liquid metal locks supplied by Yi'an Technology, sports goods such as golf heads, tennis rackets, armor-piercing bullet cores, and the application of medical products such as bone nails, manufacturers of all sizes are making various attempts. The agglomeration effect promotes the imagination space of liquid metals to grow, and also gives the industry More trial and error and development opportunities.
In particular, as the leading manufacturer in the electric vehicle market, Tesla's global sales volume in the first half of this year has reached 179,000, which is the combined sales of Renault-Nissan, Volkswagen and BYD electric vehicles. Strong growth will undoubtedly boost the order volume of the liquid metal door buckle business.
Originating from abroad and highly sought after by Huawei, BYD and Foxconn, the liquid metal industry has developed into the most complete industrial chain ecology in China, including senator Yi'an Technology, Changzhou Shijing and Pamti Haoyu, which was also established in 2014, and Shanghai Chisheng, which was established in 2016.
At present, they also have their own focus on technology research and development and product direction. For example, Changzhou Shijing prefers medical applications and consumer electronics, Yi'an Technology focuses on equipment research and development, and Shanghai Chisheng pays more attention to the research and development of components at the level of consumer electronics applications. On the whole, an industrial ecology of collaborative cooperation has also been formed.
The development of liquid metals is unique. From its first discovery to the beginning of its real large-scale commercial use, it only took more than 80 years, and it was extremely popular and developed at a very fast pace. Nowadays, with the volume of folding screen mobile phones, the stage of market application has been basically set up. It only depends on how several players find their own "characters" in competition and coordination
Classy guy...
Maybe...sales of small parts where there since 2017, I can’t say I know 100% what occurred that held us back, but a good observation would be the TW politics.
As for the pps I would say there is definitely something going on with holding this below a certain level
M-A-N-I-P-U-L-A-T-I-O-N :)
Lqt.sg is the same 0.08 dropped 91%???
On recurring orders?!?!? Something reeks of manipulation look at the volume...
I’m not quite sure what this means but i have never seen it before, from eontec quarterly - page 7 section 3 #1 they have applicable checked off?!
Section 3 Important Matters
1. Major changes in major financial data and financial indicators during the reporting period and reasons
v Applicable ? Not applicable 1. Consolidated balance sheet items
(1) Transactional financial assets at the end of the reporting period increased by 202.96% compared to the end of the previous year, mainly due to the increase in the company’s purchases of wealth management products in the current period; (2) Notes receivable decreased by 34.92% at the end of the reporting period compared with the end of the previous year, mainly due to the company’s current period It was caused by discounting the bills received in the previous period; (3) Prepayments at the end of the reporting period increased by 118.35% compared with the end of the previous year, mainly due to the increase in the company’s advance payments to suppliers during the period; (4) Long-term equity investment at the end of the reporting period compared with the end of the previous year An increase of RMB 3.0473 million was mainly due to the company’s new investment in the joint venture Ningde III
(5) Construction in progress at the end of the reporting period decreased by 33.16% compared with the end of the previous year, mainly due to the company’s early investment in infrastructure projects and equipment installation
To; (6) Development expenditures at the end of the reporting period increased by 224.65% compared with the end of the previous year, mainly due to the company’s research and development projects reaching the development stage
(7) Accounts received in advance decreased by 100.00% from the end of the previous year at the end of the reporting period, mainly due to the first implementation of the new revenue standards from 2020. Accounts received in advance
Reclassified to contract liabilities; (8) Contract liabilities The end of the reporting period increased by RMB 22,860,400 compared with the end of the previous year, which was mainly due to the implementation of the new revenue standards for the first time from 2020, and advance receipts
Accounts were reclassified to contract liabilities and the company’s advance receipts from customers increased; (IX) Taxes payable at the end of the reporting period decreased by 31.83% compared with the end of the previous year, mainly due to the company’s payment of taxes in the current period; (X) Within one year Non-current liabilities at the end of the reporting period decreased by 90.14% from the end of the previous year, mainly due to the repayment of mature loans; (11) Other current liabilities at the end of the reporting period decreased by 98.85% from the end of the previous year, mainly due to the company’s Commercial acceptances due
(12) Long-term borrowings increased by 114.45% from the end of the previous year at the end of the reporting period, mainly due to new borrowings in the current period based on production and operation needs; (13) Long-term payables increased by 5,272.20 at the end of the reporting period compared with the end of the previous year Ten thousand yuan, mainly for the confirmation expenditure of compensation for high-speed rail projects
Caused by
(14) Deferred income at the end of the reporting period increased by 32.26% compared with the end of the previous year, mainly due to the receipt of government subsidies in the current period to be converted into profits and losses; (15) The end of the reporting period for equity increased by 50.00% compared with the end of the previous year, mainly due to the current period According to the 2019 profit distribution plan, capital reserve will be increased
(16) Capital surplus decreased by 49.62% from the end of the previous year at the end of the reporting period, mainly due to the capital surplus
(17) Other comprehensive income at the end of the reporting period decreased by 39.51% compared with the end of the previous year, mainly due to the exchange rate changes in the current period resulting in a decrease in the translation difference of foreign currency statements
Less caused.
Dongguan Yian Technology Co., Ltd. report for the third quarter of 2020
7
The most interesting man! Made me laugh:)
Good post fair and on point!
I think what investors need to grasp is the time and patience it takes to get new products developed for market; it’s a bit daunting, they received orders in 2015, and now becoming reality in 2020, that’s a full 5 years plus, to set up new manufacturing and prototype these parts, with initial runs etc...
Unfortunately the parts that made early market presence in 2017 were smaller revenue streams, 2020 will begin the development period, which is higher production volumes.
I believe development parts, would be associated with 6+6% being they are lqmt customers, if not 6% it is, but this goes inline with JDP so any customers (manufacturers) will be affected by this and revenues would be broken down by territories UNTIL March then all associated production will be divided...
Any parts that lqmt (middleman) sells directly to customers namely medical, would be considered a sale which would have a 30-60% profit margin on products.
There’s a big difference when selling parts or selling the manufacturing process, parts will yield smaller production with bigger percentage, while the process which is a higher production (auto/CE) with a smaller percentage....this will be difficult to judge.
Released numbers operating profit 190mil yuan
http://irm.cninfo.com.cn/ircs/company/companyDetail?stockcode=300328&orgId=9900022217