China's machine vision comparison: Han's Laser VS Dahua

【Market analysis of chemical machinery equipment network ]
 

Han's Laser VS Dahua
 

——The operating income of Dahua Co.
, Ltd.
far exceeds that of Han's Laser
 

From the perspective of operating income, Han's Laser's operating income has shown a fluctuating downward trend.
In 2019, Han’s Laser’s operating income reached 9.
563 billion yuan, a year-on-year decrease of 13.
3%.
This was due to the cyclical decline in equipment demand for major customers in the consumer electronics industry and the cautious impact of some industry customers’ capital expenditures caused by trade frictions between China and the United States.
Orders have declined compared with the same period, and some customer orders have delayed delivery.
The company's operating income has dropped by 13.
30% compared with 2018.

 

　　In the complex situation where risks and challenges at home and abroad are obviously rising, UOB has maintained stable operations, strengthened refined management, optimized business structure, improved business quality, and further improved operating indicators such as profit margins and cash flow, and achieved steady growth in performance.
Dahua’s operating income has shown an upward trend year by year; in 2019, Dahua’s operating income was 26.
149 billion yuan, a year-on-year increase of 10.
5%.

　　——The trend of Dahua's net profit is rising steadily
 

　　From the point of view of net profit, the net profit of Han's Laser in the first three quarters of 2016-2020 showed a fluctuating downward trend.
In 2019, Han's Laser’s net profit was only 642 million yuan, due to the company’s bad debt accrual policy for some customers with signs of bad debts individually, and the goodwill of some subsidiaries whose operating conditions did not meet expectations.
Impairment, the company's credit impairment and asset impairment losses increased by approximately 153 million yuan over the previous year.

 

　　The net profit of Dahua shares has shown an upward trend year by year.
In 2019, the net profit reached 3.
188 billion yuan, an increase of 26.
04% year-on-year, indicating that the company's profitability is continuously improving.

　　——The gross profit margin of the two companies is maintained at around 40%
 

　　From the perspective of gross profit margin, the gross profit margin of Han's Laser and Dahua has been maintained at 37%-45%, with good profitability.
From the company's perspective, Han's Laser's gross profit margin was 38.
23% in 2016 and then slowly dropped to 34.
02%.
Due to the influence of product sales structure and intensified market competition, the company's comprehensive gross profit margin dropped by about 3.
46 percentage points compared with 2018.

 

　　The gross profit margin of Dahua shares fluctuates and rises in the first three quarters of 2016-2020.
In 2016, the gross profit margin was 37.
71%, and then slowly increased to 41.
12%, indicating that profitability is rising.

　　——The overseas sales of Dahua shares are broader
 

　　From the perspective of sales areas, most of Han's Laser sales come from the domestic market; among them, the company's main business area is in the South China area, with revenue of 4.
555 billion yuan, accounting for 47.
64%; and the northern area, accounting for 1.
398 billion yuan, accounting for revenue.
14.
62%; Jianghu area revenue was 1.
222 billion yuan, accounting for 12.
78%; overseas area revenue was 898 million yuan, accounting for 9.
40.

 

　　Dahua shares have a covered marketing and service network, which can provide customers with end-to-end efficient and fast services.
The company's product sales cover 180 countries and regions, with more than 200 offices in 32 domestic provinces and cities, and 53 overseas branches in Asia Pacific, North America, Europe, Africa and other places.

 

　　In the domestic market, the company has established a customer management system oriented to strategic sandboxes, and manages customers hierarchically and classified based on the sandboxes to provide better services.
The company has intensively cultivated in the city-level market, industry-level market, and consumer market to increase the breadth and depth of customer coverage, and load resources and connect processes to frontline customers to quickly respond to and meet customer needs.

 

　　In overseas markets, the company further strengthened the coverage and construction of its marketing service network, strengthened localized operation capabilities, refined management and operation of distribution channels, and increased the expansion of industry customers.
At the same time, the company has also formed a series of smart IoT solutions for government, transportation, retail, energy and other industries to help the continuous growth of overseas business.

 

　　The company's domestic operating income was 16.
474 billion yuan, accounting for 63%, an increase of 9.
19 percentage points from 2018; the company's overseas revenue was 9.
676 billion yuan, accounting for 37%, an increase of 12.
8 percentage points from 2018.

　　——Han's Laser focuses on the product itself
 

　　In the field of machine vision, Han's Laser has formed more than 600 types of laser equipment and automation products.
It is also a company with complete domestic laser equipment and rich experience in subdivided industries.
As of December 31, 2019, 3939 independent intellectual property rights have been obtained, including 934 inventions, 2,280 utility models, and 725 designs.
The company's products are roughly in 3D printing, robots, and plasmaWashing machine + automation + glass bending machine and automation supporting field.

 

　　The machine vision field of Dahua shares focuses on the field of intelligent manufacturing, focusing on the development of machine vision algorithm platforms, software and hardware products and vision solutions.
Hardware products released 65-megapixel and 150-megapixel industrial cameras, introduced a 20-megapixel embedded smart camera, and added OCR and other functions to the smart camera series.

 

　　At the same time, with algorithm platform software as the core, it provides customers with machine vision products and sub-industry solutions, which are widely used in panels, food packaging, 3C and logistics and other industries to complete industry defect detection, positioning guidance, identification and measurement machines.
Vision application.

　　——Both companies have relatively broad application areas
 

　　From the perspective of application areas, Han's Laser's machine vision business is mainly used in metal or non-metal processing in electronics, automobiles, new energy lithium batteries, LEDs, household hardware, kitchen appliances, and other industries.
From the perspective of new developments, on December 11, 2019, Han's Laser and Shenzhen Vocational and Technical College jointly established the "Shenzhen Vocational College Han's Laser College".
In the next 5 years, the Han's Laser College of Shenzhen Vocational College will be built to integrate talent training and technology application.
Research and development, innovation incubation, standard development, and social service are based on China’s characteristic industry colleges, forming a "Shenzhen model" for talent training in the intelligent manufacturing industry, effectively promoting the rapid development, innovative development, and scientific development of the intelligent manufacturing industry for construction *The vocational education system, *The world's top 500 companies, etc.
provide intellectual support and talent guarantee.

 

　　The industrial vision products of Dahua Co.
, Ltd.
are mainly used in facilities and places such as buildings and transportation.
Under the wave of intelligent manufacturing, the machine vision business relies on the company’s years of AI technology accumulation in the video field and the IoT ecosystem, and continues to develop product software and hardware technology and iterate algorithm platform products.
It is forming a core with algorithm platform software and superposition Industrial cameras, smart cameras, line scan cameras, smartProducts such as sensors , 3D cameras and lenses provide customers with end-to-end industrial vision product solutions and get better applications.

　　For more data, please refer to the "China Machine Vision Industry Development Prospects and Investment Forecast Analysis Report" by the Qianzhan Industry Research Institute.
At the same time, the Qianzhan Industry Research Institute provides industrial big data, industrial planning, industry declaration, industrial park planning, industrial investment promotion, and IPO fundraising.
Solutions such as feasibility studies.

 

　　Original Title: Comparison of China's Machine Vision Industry in 2020: Han's Laser VS Dahua