Our reporter Li Yucheng
On the evening of October 27, Huabao New Energy (301327.SZ) released its third quarterly report. In the first three quarters of 2022, the company achieved operating income of 2.230 billion yuan, a year-on-year increase of 44.34%; net profit attributable to the parent was 255 million yuan, a year-on-year increase of 19.70%. . Among them, the company achieved revenue of 915 million yuan in the third quarter, a year-on-year increase of 58.73%, and realized a net profit attributable to the parent of 94.3881 million yuan, a year-on-year increase of 68.83%.
According to public information, Huabao Xinneng is actively deploying the home energy storage business, launching the Geneverse home energy storage professional brand in 2020, and taking the lead in releasing installation-free, small and medium-sized mobile home energy storage products, focusing on solving consumer household emergencies. The electricity demand in the scenario. The financial report shows that Geneverse achieved an operating income of 121 million yuan for the company from January to September 2022, a year-on-year increase of 173.50%.
In the first three quarters, Huabao Xinneng continued to strengthen R&D investment. From January to September 2022, the company invested 69.4412 million yuan in research and development, a year-on-year increase of 89.69%. On the one hand, from the perspective of the company’s product matrix, the company launched flagship new products during the reporting period, which met the needs of many customers around the world for different capacity segments and different application scenarios; In terms of self-research and production capacity, the proportion of self-research and self-production of its photovoltaic solar panels has achieved 17.09%. The relevant person of the company also said that as the company insists on R&D innovation and attaches great importance to the R&D investment in new products, new technologies, new processes and new materials, the proportion of self-developed and self-produced photovoltaic solar panels will continue to increase in the future.
In terms of channels, Huabao New Energy has built a full value chain M2C model that integrates R&D innovation, manufacturing, brand marketing and retail channels, and created a new energy energy storage brand direct sales platform. The three-in-one channel layout jointly constructed by “business platform and offline retail” is also gradually improving. In the future, as consumers’ awareness of products continues to deepen, their sense of brand recognition continues to increase, and the needs of potential users will be further stimulated. The company will eventually form a three-pronged channel advantage and further enhance the company’s profitability.
In addition, in the first three quarters, Huabao Xinneng actively explored the international market. Taking Europe as an example, the German Jerry Technology Co., Ltd., a wholly-owned subsidiary of Huabao Xinneng, signed the “European Purchasing Framework Agreement” with Lidl, a well-known professional international chain retailer in Europe, in September. The company purchases a large number of portable energy storage products under the “Jackery” brand, and sells them in the European region in Lidl offline stores and Lidl online stores. At the same time, Huabao New Energy is accelerating its deployment in Australia, Middle East and Africa and other regions. With the support of new products, new channels and new countries, the potential market for portable energy storage is expected to be further developed.
(Edited by Li Bo and Bai Baoyu)