Yunsai Zhilian (600602) Recent Situation Reviews

Yunsai Zhilian (600602) Recent Situation 天津夜网 Reviews

The company is an information technology service company with cloud computing big data, industry solutions and intelligent products as its core business. It is determined to become a smart city comprehensive solution provider.

Based on independent research and development and production of basic Internet of Things hardware products, the company relies on independent construction and operation of large-scale data centers and cloud computing platforms. From the perspective of upstream and downstream industrial chain resources, the company will provide intelligent security in cross-industry smart city industries, detect traceability, smart education andCloud computing big data services and other key strategic industries for the company’s smart city construction provide customers with multi-technology integration, intensive, intelligent information system integration and accurate application services.

The company achieved total operating revenue of 44 in 2018.

700 million, an annual increase of 5.

8%; Realize net profit attributable to owners of the parent company.

700 million, down 2% previously; the company’s gross profit margin was 18.

5%, basically maintaining the level of the previous year, with a net interest rate of 6.

7%, a decrease of 0 from the previous year.

5 units.

Impact of non-recurring gains and losses on company performance, total 1.

1 ppm, including government subsidies, entrusting others to invest or manage assets, profit and loss were 8575, respectively.

30,000, 48.76 million yuan.

After subverting non-recurring gains and losses, the net profit attributable to the mother is 1.

6 ppm, an increase of 6 in ten years.


The company achieved revenue of 1,068,175,289 in the first quarter of 2019.

85 yuan, an annual increase of 16.

86%; net profit attributable to shareholders of listed companies 44,036,891.

62 yuan, an average of 26 in ten years.


Net cash flow from operating activities was -228,364,193.

48 yuan, -370,540,089 in the same period last year.

11 yuan, mainly due to the company’s current payment for goods increased.

Earnings forecast: We expect the company’s revenue for 2019-2021 to be 53.

7, 67.

4, 88.

200 million yuan, the net profit attributable to shareholders of the parent company is 2.



5 trillion, the corresponding EPS is 0.

16, 0.

26, 0.

35 yuan.

Give “overweight” rating.

Risk reminders: 1) The domestic A-share market is less active; 2) Cloud computing and competition in the field of industry solutions are intensifying.