Recently, Beijing, Shanghai, Shenzhen and other places have issued relevant documents to promote the development of the artificial intelligence industry, especially Beijing, and issued the "Beijing Accelerated Construction of Artificial Intelligence Innovation Source with Global Influence Implementation Plan".
The "Plan" clearly points out that the scale of the core industry of artificial intelligence will reach 300 billion yuan in 2025, maintaining a continuous growth of more than 10%, and the scale of the radiation industry will exceed 1 trillion yuan.
Under the guidance of policy, the A-share artificial intelligence sector index has risen sharply by 9% in the past 5 trading days. In terms of individual stocks, such as Xinzhi Cognition's rise of 61%, Aipeng Medical's rise of 51%, and Hongpeng Shares' increase of 44%.
So is the artificial intelligence sector really so good, and under the continuous favorable policy, can the artificial intelligence sector and individual stocks rise for a long time in the future? With these questions, the financial report translator sorted out the A-share artificial intelligence sector in detail
Through the analysis of the translation officer, we learned that there are 394 listed companies in the artificial intelligence sector. However, in the first quarter of 2023, there were 136 companies with loss-making performance, and 139 companies with a year-on-year decline in net profit. Among the 394 artificial intelligence companies, only 53 have a net profit of more than 100 million yuan.
All indications are that the overall situation of the artificial intelligence sector is not optimistic, most companies are still in the development period, there are not many good companies, but bad companies are emerging one after another.
Therefore, the translator believes that the national policy orientation is favorable, indicating that the future is bright, but the road of artificial intelligence must be tortuous, so the current blind pursuit of high will definitely suffer serious risks.
After detailed analysis, the translator found a listed company called Yinfei Storage in the A-share artificial intelligence sector. Its increase is not very large, but the performance is relatively good, the following translator will make a simple sharing for you.
First of all, Yinfei Storage is one of the largest intelligent logistics equipment manufacturers in mainland China, and with its strong competitiveness in this field, such as BYD, CATL and Huawei have become long-term customers of the company.
Since 2012, the company's historical net profit has achieved substantial growth for 11 consecutive years, and reached a record high in 2022.
This shows that in the past 11 years, the development of the enterprise is still very good, the company's performance is in an upward channel, and the future net profit still has the possibility of continuous rise.
Finally, the translator then analyzed the balance sheet stored by Yinfei to determine the company's management movements in the first quarter of this year.
In the first quarter of 2023, the company's gearing ratio reached 59%, which may seem scary, but there is something else going on.
After analyzing the company's balance sheet, the translator found that in the first quarter of this year, the company had only 40 million short-term borrowings and 120 million yuan in long-term borrowings. These two are the only interest-bearing liabilities in the company's liabilities, so the interest-bearing debt ratio of the company is only 2%.
Only 2% of the 59% gearing ratio has interest-bearing liabilities, and the rest are interest-free liabilities. This shows that the company is doing its own thing with other people's money for free, which also greatly improves the efficiency of the company's capital use and enhances its ability to make money.
In addition, the translator also found that in the first quarter of this year, the company's construction in progress was 149 million yuan, an increase of 218% year-on-year. Construction in progress is the company's plant, production equipment or other fixed assets under construction.
It is worth noting that in the first quarter of this year, the company's fixed assets were only 156 million yuan, and the construction project reached 149 million yuan, which is equivalent to doubling the original fixed assets.
Let's make an assumption first, if these projects under construction are plants and production equipment, then when these plants and equipment are completed, the company's production capacity will be expanded.
Through further analysis, the translator found that the company's inventory in the first quarter of this year was 940 million yuan, an increase of 7% year-on-year.
So suppose that in the second or third quarter of this year, after the company's plant and production equipment are built, the company's inventory may also increase exponentially.
If with the wind of the artificial intelligence industry, the company can successfully digest the new production capacity, then the company's net profit growth in 2023 will be a high probability event.
Therefore, through the above analysis, we understand that the management of this company still has something to do, and when it finds that the industry outlet of artificial intelligence continues to ferment, it is ready to expand production capacity in advance.
So much has been said above, I just want to tell you one thing, that is, although the artificial intelligence policy is good, not all companies in this sector are worth having.
And companies like Yinfei Storage, not only have not been greatly hyped, but the management is still actively preparing for the industry of artificial intelligence, which may be worthy of our praise.