On April 9th, Han’s Laser released its annual report for 2022, which showed a revenue of 14.961 billion yuan for the year, which is a year-on-year decrease of 8.40%. The company also reported a net profit attributable to the parent company of 1.21 billion yuan, which is a year-on-year decrease of 39.35%. The net profit attributable to non-attributable shareholders was 975 million yuan, a year-on-year decrease of 43.25%.
Han’s Laser is a leader in the research and development, production, and sales of industrial laser processing equipment, automation and other supporting equipment, as well as key components. Despite a challenging year, the company remained committed to providing innovative solutions to its customers and investing in research and development.
The consumer electronics and PCB equipment businesses of Han’s Laser experienced the most significant decline in 2022, with revenue of 2.05 billion yuan and 2.786 billion yuan respectively. This represents a year-on-year decrease of 30.13% and 31.72%. However, the performance of the new energy and photovoltaic equipment business was impressive, with revenue of 2.764 billion yuan and 228 million yuan respectively, a year-on-year increase of 30.60% and 69.81%.
The decrease in revenue in 2022 can be attributed to various factors, including fluctuations in the industry cycle and cautious investment from downstream customers. Han’s Laser also increased its investment in new energy industries such as photovoltaic and power battery industries, as well as research and development investment in semiconductor and core devices. This resulted in an increase in personnel compensation expenses.
Looking forward to 2023, Han’s Laser plans to increase its investment in basic devices, industry-specific equipment, and related process solutions to increase its market share in segmented industries. The company will also accelerate its pace of internationalization and establish overseas subsidiaries or production bases based on business development and customer needs.
However, the company also faces risks such as macroeconomic fluctuations, technological research and development, intensified market competition, and a decrease in sales growth rate. Despite these challenges, Han’s Laser remains optimistic about the future and committed to providing innovative solutions to its customers.