豪恩汽電更新招股書：客户集中度較高，資產負債率居高不下
2023年4月24日，深圳市豪恩汽車電子裝備股份有限公司(以下簡稱"豪恩汽電")更新招股書(註冊稿)，擬登陸深交所創業板。公司此次擬公開發行股票的數量不超過2300萬股，募集資金約人民幣4.02億元，擬將用於汽車智能駕駛感知產品生產項目、研發中心建設項目、深圳市豪恩汽車電子裝備股份有限公司企業信息化建設項目及補充流動資金項目。
公吿顯示，公司是一家專注於汽車智能駕駛感知系統研發、設計、製造和銷售的國家高新技術企業，主要產品包括車載攝像系統、車載視頻行駛記錄系統和超聲波雷達系統，發行人主要產品具有定點性特徵，系根據整車廠商特定車型定向研發和生產而來，能夠為整車廠提供汽車智能駕駛感知系統一站式解決方案。
目前，汽車智能駕駛感知系統主要包括視覺感知、超聲波感知、毫米波感知和激光感知，公司的產品是集軟件、算法、光學設計和硬件於一體的車載攝像系統、車載視頻行駛記錄系統和超聲波雷達系統，其中車載攝像系統和車載視頻行駛記錄系統屬於視覺感知，超聲波雷達系統屬於超聲波感知。
經過多年的發展和積累，公司已與日產、大眾、PSA全球、吉利、福特、鈴木、現代起亞、比亞迪、小鵬汽車、理想汽車、合眾汽車等國內外知名品牌車企深度合作。2020年-2022年，公司的前五大客户有東風日產集團、Nippon集團、吉利集團、PO集團、延鋒彼歐集團、長城汽車下屬整車生產廠和偉速達(中國)汽車安全系統有限公司、張家港孚岡汽車部件有限公司。報吿期內，公司向前五名客户的銷售收入佔同期營業收入的比重分別為59.30%、55.32%和58.14%，客户集中度較高。
業績方面，2020-2022年度，公司營業收入分別為人民幣7.19億元、人民幣9.81億元及人民幣10.79億元，複合增長率為22.52%；淨利潤分別為人民幣6,755.37萬元、人民幣9,670.16萬元及人民幣10,462.95萬元；主營業務毛利率分別為22.61%、22.25%和22.21%，整體呈現穩定的變化趨勢。2023年1-3月，營收達人民幣24,429.75萬元，同比增長4.23%；淨利潤人民幣1576.90萬元，同比減少20.67%。
值得注意的是，公司運營所需資金主要是股東原始投入、銀行借款以及經營所得，未對外進行大額直接融資。報吿期各期末，公司資產負債率(合併)分別為77.33%、67.27%和64.49%，處於較高水平。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app！
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
