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Printer industry in a big promising industry with high entry barriers.
After 17-year development, became listed in Shenzhen Stock Exchange, with Legend Capital Investment
In the first half of 2017, the company's operating income reached 11.12 Billion RMB, an increase of 678.14%, due to the merger of overseas subsidiaries and the original business sales revenue increase.
Market share of compatible consumables
Market share of compatible
cartridges in 2016
Market share of toner
cartridges in 2016
Market share of
ribbon in 2016
More than 8 million pieces of monthly
Ninestar cartridges: More than 12 million pieces of monthly sales
Ninestar ribbon: More than 10 million pieces of monthly sales
Total market demand: 60 billion USD +
Company market value: 30 billion RMB+
Total revenue in 2016: 5.8 billion RMB
Total revenue estimate in 2017: 22.8 billion RMB
Operation in the first half of 2017
In the first half of 2017, the operating income and net profit of integrated circuit chip business achieved a substantial increase, up about 30% and 40% compared with the same period of last year.
A number of key first-tier products have been launched first-to-market. The development speed of non-first-tier products has been significantly enhanced, and communication with SCC R&D team has been strengthened. The efficiency of new product development has been promoted. The company has successfully applied for and recognized as State key project.
In the first half of 2017, the operating income and net profit of the consumables business showed increase, up about 15% and 14% compared with the same period of the previous year. Among them, relying on new items and new customers of toner cartridge, domestic e-commerce, increasing brand power and integration with SCC orders, the completion rate of the annual target is 65%, an increase of 25%; though cartridge business is affected by the industry macro-environment, the profit goal is achieved with a slight increase compared with last year.
In the first half of 2017, Lexmark sold 717 thousand printers, and 599 thousand units in the first half of 2016.
In the first half of 2017, the sales volume of printer increased by 19.7% compared with the first half of 2016, while the sales volume of printing consumables decreased slightly in the first half of the year, mainly due to the channel stock of 2016. It is expected that the sales volume of printed consumables will increase significantly in the second half of 2017.
Integrated circuit chip
Print consumables business
Business income changes in the first half of 2017
In the first half of 2017, the company's consumables business income reached 893 million yuan, an increase of 34.17% compared with the same period last year, and the revenue of chip products reached 516 million yuan, up 37.77% compared to the same period last year.
The first half of 2017, due to the 2016 acquisitions of overseas subsidiaries, which changed the business income, printing business, software and services accounted for more than 70% of company revenue.
billion USD +
Company market value
Total revenue in 2016
estimate in 2017