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Qiu Titanium Technology's Net Profit Fell 96.7% to 14.399 Million Yuan Last Year

2021-11-07

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Following the year-on-year decline of 14.2% in the net profit of Shunyu optics in 2018, the net profit of Qiuti technology, a large domestic camera module manufacturer, also declined last year, with a decline of 96.7%.

Qiu titanium technology's net profit fell 96.7% to 14.399 million yuan last year

On March 25, Qiuti technology released its 2018 annual report. According to the contents of the annual report, the revenue of Qiuti technology last year was about 8.135 billion yuan, a year-on-year increase of about 2.5%, and the net profit was 14.399 million yuan, a year-on-year decrease of 96.7%.

Qiu Ti technology said that the low growth rate of revenue in 2018 was mainly caused by two reasons. First, although the sales volume of camera modules increased by about 53% year-on-year, the volume growth was mainly low-pixel camera modules. In the face of fierce market competition, the average sales unit price of camera products decreased by about 30.3% year-on-year, making the sales revenue of camera modules only increase by about 6.7% year-on-year.

Second, although the sales volume of fingerprint identification modules increased by about 33.2% year-on-year, the sales price of coated fingerprint identification modules decreased significantly, while the optical under screen fingerprint identification modules were shipped in batch only in the second half of 2018, and the overall proportion needs to be improved. The average sales unit price of fingerprint identification module products decreased by about 32.2% year-on-year, As a result, the sales revenue of fingerprint identification module decreased by about 9.7% year-on-year.

It is understood that the main reason for the decline in the average unit price of Qiuti technology camera module is that the cooperation between the group and a new customer is still at an early stage. The main product categories provided by the customer are 2 million pixel low-end camera modules, which hinders the overall product structure of the camera module.

In addition, the proportion of camera module product sales of 10 million pixels and above in camera module product sales decreased by about 4.7 percentage points to about 43.5% compared with 2017.

In view of the decline in the unit price of fingerprint identification module, it is reported that the main reason is that the process of coated fingerprint identification module tends to be mature, the market competition is more intense, and the unit price of products drops rapidly, while the adoption of new products such as optical off screen fingerprint identification module is in the initial stage, which can not offset the downward pressure on the average sales unit price of old products, The average sales unit price of fingerprint identification module products tends to decline.

For the reasons for the decline in net profit last year, Qiu Ti technology said that the decline in net profit was mainly due to the obvious decline in the gross profit margin of camera module and fingerprint identification module; The median difference between RMB and US dollar increased from 6.5342 at the end of 2017 to 6.8632 at the end of 2018. The depreciation of RMB exceeded 5%, which further increased the cost of materials and bank loans denominated in US dollars, and the Group recorded exchange losses.

In addition, new juke Co., Ltd. recorded a loss as of 2018, and the amount of loss shared by the group exceeded that in 2017.

According to the audited financial report and other reports for 2018 disclosed by xinju technology, the year-on-year growth rate of monthly operating revenue of xinju technology from May to December 2018 reached or exceeded 100%, The net loss attributable to shareholders in 2018 has significantly decreased by about 40.8% from the net loss of about NT $525 million in 2017 to a net loss of about NT $311 million.

From the perspective of main business, the main business of Qiuti technology is mainly divided into camera module and fingerprint module. According to the announcement, the revenue of Qiu Ti technology camera module in 2018 was about 6.273 billion yuan, an increase of about 377 million yuan compared with about 5.896 billion yuan in 2017.

The revenue of fingerprint identification module decreased compared with the previous year. According to the contents of the annual report, the revenue of Qiuti technology fingerprint identification module in 2018 was about RMB 1.832 billion, a decrease of RMB 203 million compared with RMB 2.035 billion in 2017.

Although in terms of revenue, the revenue of camera module of Qiuti technology increased compared with the previous year, and the revenue of fingerprint identification module decreased compared with the previous year, in terms of sales volume, these two categories of products increased to varying degrees compared with the previous year.

According to the data, in terms of camera sales, the sales of Qiuti technology camera modules reached about 264 million last year, an increase of about 53% compared with about 172 million in 2017; The sales of fingerprint identification modules reached about 108 million, an increase of about 33.2% over last year.

Qiu Ti technology said that there are three main reasons for the rapid growth of product sales. In early 2018, the group decided to expand sales scale as the group's core strategy with clear objectives; The group's customer structure is becoming more and more perfect, with good cooperation with a newly expanded major customer, significantly improved customer recognition and influence, and seized market share; The popularity of dual and multi camera modules has increased, and the market demand for camera modules continues to grow steadily.

At the same time, some dual cameras and multi cameras adopt split procurement, resulting in an increase in sales.

The comprehensive gross profit margin was 4.3%, down about 6.8 percentage points from last year

According to Qiu ti's annual report, the group's gross profit margin in 2018 was about 4.3%, down about 6.8 percentage points from about 11.1% last year.

Qiu Ti technology said that the main reason for the decline in gross profit margin was that the cooperation between the group and a new customer was still in the early stage. The products supplied to the customer were mainly low-end camera modules with 2 million pixels, which increased the proportion of low-pixel camera modules with low added value and decreased the average sales unit price of camera modules, At the same time, the investment in capacity expansion and automation equipment increased the depreciation of fixed assets and labor costs, and ultimately affected the overall gross profit margin of camera module products.

In addition to camera modules, the sales unit price of coated fingerprint identification modules of Qiuti technology decreased significantly last year, while the optical under screen fingerprint identification modules were only shipped in batch in the second half of 2018, and the overall proportion needs to be improved, affecting the overall gross profit margin of fingerprint identification module products.

However, although the gross profit margin of Qiuti technology decreased significantly last year, it also made new breakthroughs in new materials, new processes and new products during the reporting period.

It is reported that Qiu titanium technology focuses on the module miniaturization technology with better cost-effectiveness and stability. Based on the successful mass production of the front miniaturization module scheme integrating chip plastic packaging (MOC) and fixed focus (FF) lens motor in the first half of the year, Qiu titanium technology specially focuses on the miniaturization new processes such as internal injection molding technology, and then further reduces the module size.

In addition, it has independently developed the integrated scheme of automatic focusing (AF) lens motor and a number of integrated technologies that make the structure more compact and smaller. What is more worth mentioning is that the company mainly develops the periscope camera module that can realize multiple optical zoom, and has made technological breakthroughs in the design and assembly of main difficulties such as motor, prism and telephoto lens, Take a step forward to mass production.

In addition to the above, Qiu Ti technology made every effort to seize the development opportunity of optical imaging from 2D to 3D, sold front 3D structured light modules to customers in batch in the third quarter of this year, and became the first module manufacturer in China to mass produce and sell 3D structured light modules.

At the same time, the company accelerated the development of a new generation of 3D modules such as time of flight ranging (TOF) to meet the needs of Internet of things (IOT) applications such as sweeping robot, unmanned supermarket, UAV, virtual reality (VR), augmented reality (AR), hybrid reality (MR), security monitoring and other related products, Gongben group's leading position in 3D module technology and provide customers with the best quality products and experience.

Looking forward to the future, Qiu Ti technology said that the challenging 2018 has passed. The directors believe that the macroeconomic situation in 2019 is still full of challenges. Trade protectionism and geopolitical relations may make global economic development face fluctuations. However, the directors are unswerving in the strategy of continuously promoting the development of intelligent visual systematized products, He is also cautiously optimistic about the development of camera module and fingerprint identification module business in the future.

He said that in 2019, the group will adhere to the strategy of providing intelligent vision systematized products for intelligent mobile terminals, actively strengthen the capacity-building in optical design, computing imaging and system integration, continue to strengthen the R & D of new products and processes, continue to improve the precision manufacturing capacity, and actively carry out customer relationship marketing, Actively expand overseas well-known smartphone brand customers and continuously improve the core competitiveness of the group.

It will focus on promoting the development of high-end products such as high-end camera module, multi camera module, 3D module, periscope camera module and off-screen fingerprint identification module, and help promote the development of the associated company xinju technology in smartphone camera module lens, 3D module lens and off-screen finger fabric module lens, Strive to strengthen the technical cooperation and resource integration between camera module and lens and other key devices, and strive to achieve a breakthrough in the application of camera module in non mobile phone field.

For the goal of 2019, Qiu Ti technology said that the year-on-year growth of camera module shipments in 2019 was no less than 30%, of which the number of camera modules with 10 million pixels and above accounted for no less than 50%; The proportion of off screen fingerprint identification module shipments to fingerprint identification module shipments shall not be less than 40%; Continuously check the customer demand and business development of the group, gradually expand the production capacity of camera module to no more than 50KK per month by the end of 2019, and further adjust the production capacity structure to the off screen fingerprint identification module under the condition that the production capacity of fingerprint identification module is basically unchanged.

Qiu Titanium Technology's Net Profit Fell 96.7% to 14.399 Million Yuan Last Year 1

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Think Green Collection: Editors Choice 10 Best Images

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What Is Preventing the Solar Energy and Other Renewables to Replace the Oil?

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In one word "capacity".Capacity" in relation to air conditioners is a measure of how fast they can transfer heat from inside the room to outside.Every room presents a "heat load" This is a combination of:The size of the roomThe temperature difference between inside the room versus outside the roomThe type of insulation / insulating materials between the room and outside the roomThe orientation of the room with respect to the sunThe number and type of windows and window dressings (awnings / curtains etc)The number of occupantsOther sources of heat including lights, devices such as televisions, computersAs your air conditioner extracts heat from the room, additional heat is being added to the room both from outside the room and from sources of heat within the room.If your room is eventually cooling down but takes a long time, that suggests that the capacity of the air conditioner is greater than the heat load, but not by much. In other words, you have little spare capacity.Your options to improve the situation are:Reduce the room's heat load. Things like covering windows with external shade, internal thermal curtains, better ceiling insulation etc. Ensure that the air conditioner is able to run effectively, with as much capacity as possible. Things like ensuring the indoor units filters are clean, ensuring both the indoor and outdoor coils are clean, checking that indoor and outdoor fans are all operational.If you have done everything possible to reduce the heat load and maximise the effectiveness of your air conditioner and it still takes too long to cool your room, another option is to turn it on earlier, so there is less heat to remove from the room, or leave it on at a higher setpoint, again to reduce the amount of heat the air conditioner has to remove before you feel comfortable. The last option is to replace your air conditioner with a unit with a greater cooling capacity. Obviously this is the most expensive option. It is also the reason why when choosing an air conditioner in the first place, getting the correct capacity is so important. Professionals will perform a heat load calculation to work out the capacity of cooling required. As you can see, getting this right is very important to avoid these sorts of situations from occurring in the first place..1. can you put an air conditioner in a room within a room?No because you will not be able to use the other room, nor the AC will work efficiently,and the performance of your AC will gradually reduce in a short span of time, due to lack of fresh air flow which the other half of your needs to discharge th heat collected from AC room. Butter get raid of your window type, go in for split AC.2. why does my air conditioner make my room smell like a locker room?Usually your air conditioner has a filter. Take the filter out and soak it in a solution (50/50) 4 cups vinegar /4 cups water, then throw a little baking soda (1/4 cup) Soak for 3-4 hours, let it dry in the sun. This should take the moldly, mildew smell out. If it does not , you may need to buy a new filter. Good luck!3. I have to install an air conditioner but the outlet has a round hole and 2 horizontal slots underneath?The more correct way is to find an outlet that fits your a/c. Are you trying to hook a 110 to a 220 outlet? Even so you can change the outlet to match your power cord. Shut off the breaker that feeds this outlet and swap it out. If going from 220 to 110, just cap off the extra 110 feed wire and fold it up in the box. Use the remaining wires on the new outlet4. Dorms and cooling question, Evaporative (swamp) or air conditioner?You definitely need an air conditioner because, like you said, we do not have very many humid days. I have had friends buy swamp coolers because they are trying to save a buck and they end up having to buy an a/c.5. Air conditioner btu rating needed for 1500 sq ft home-need opinions?to top length an AC equipment call a qualified HVAC contractor and characteristic them carry out a warmth/COOLING analysis. which will furnish the coolest length required. employing sq. pictures on my own is not the magnificent thank you to length.

Want to Play a Killer Video Game?

One of the greatest video arcade games was "The House of The Dead" and the excitement of shooting your way out to stay alive was intense! It is good to see hot video games turning into movies, such as Resident Evil and Silent Hill. One movie in particular has a powerful gory twist, when it comes to game playing. The new movie "Stay Alive" will take you to a whole new level of gaming, if you can stay alive! Do you like creepy video games where your life is on the line?It was just a matter of time before a movie came out that took you into the game world for real! Think of the last game that you played and be glad you did not die in reality. Imagine the pressure of a video game pushing you to win, or you will end in a bloody death! Sounds like fun until you see some red eyes coming out of the darkness to steal your soul!"Stay Alive" starts out as an interesting game, but there should have been a clear warning, when you have to chant something! The chant in the movie opens up a portal for the main killer of the game to take your life. Once in the game you can use roses to stop the attacker, but you have to be quick.The killer in the game is a mysterious lady who does not think twice about running you over with a horse and carriage. She does not wince at stabbing large scissors in your neck. You have to feel badly for the people who first play this game, because they never had a chance to see what was coming. Only the people playing later on can put the pieces of the puzzle together. It is after seeing one person die after another, that the cast of "Stay Alive" gets serious.This movie has a strong Gothic touch and the mysterious lady killer in the game loves blood. You will get a sense of a vampire blood lust in this movie. Hutch O'Neill(Jon Foster) decides to go to a plantation that is exactly like the one in the video game. While at the plantation he finds a rude awakening. The plantation is not only just like the game, but the master of the house has been killed.The small group that remains has gathered knowledge about the twisted and sick lady killer in the game. They find out she is kept alive by draining and soaking her body in young girls blood. The trick is getting to the tower that holds her body and killing her. The one way they can kill her is by using nails, but even that ultimately fails. I will let you find out what really kills the Lady of Blood by watching the movie.Swink Sylvania(Frankie Muiz) plays a geek who cannot shut his mouth, but has a greater understanding of what is going on then anyone else. Swink Sylvania(Frankie Muiz) turns out to be a very important person in this movie, and without him things would have been gory for the two still alive. The movie will give you a sense of 'Hell Raiser' meets the demon eyed blood lady.The movie really was not that bad and the story line was interesting, for a creepy video game come to life! Video games have gained so much popularity and it is easy to get caught up in the game. Once you start playing, time goes by so fast and you forget what is going on around you. Video games are a nice escape from reality, just as long as no one gets killed!The next time you are in the video store, take a good look at what is on the shelf. Will you be playing some Madden football or will you be fighting for your life in the streets? Maybe that one creepy video game you see has been calling your name! Either way, it is fun for a bunch of friends to bring over their video game consoles and see who comes out the winner.Remember with "Stay Alive", you die in the game, then you die for real!

Netizens' Self Photographing Tutorial Reveals the Secret of "self Photographing Artifact" to Create

According to unofficial data, there are nine houses for ten beauties, but even beauties who don't clean up their appearance on weekdays may be an ordinary passer-by. So the question is, where did the high-value and high-quality house girls in the circle of friends take pictures of themselves? A netizen with no lower limit of brain hole exposed the super practical "secret script of dead house self photographing" with a video. It is no longer a secret how otaku people take high force self photographing. Since mom gave us such a beautiful birth, don't let the "house" attribute hinder us from drying our faces! Learn from the teacher of Octopus burning!Today, I took a selfie at home. I'll take a picture after I have agreed on the theme. When Xiaobai heard about the selfie, she trembled. "You have to think about the theme before you take a picture? I choose to quit! In fact, it's very simple. Take chestnuts for example," girls at home everyday "is a simple but meaningful theme." at home "and" everyday " How to behave? Take out your housewife's killer mace! Lie on the sofa with an armrest, read on the desk, fall asleep, or tidy your hair in front of the mirror... Don't be ashamed. Although you show your fresh and refined details, you can even use the "smiling face capture" brought by Huawei nova2plus Function, as long as you smile at the camera, the system can automatically recognize and start the shutter to complete the self photographing. Most importantly, with the "smiling face capture" function, you can disguise the "self photographing" as "other photographing", so that the daily detail close-up of leisure girls seems to be made by the photographer, which is no one.Smiling face capture function settingsSince life is self photographing, connect the "Earth atmosphere". No matter smiling or dazing, naturally showing emotions in the home environment will always be pleasing. For example, cutting fruit in the kitchen, watering flowers on the balcony, making tea in the living room... These elegant but not artificial life scenes really make male gods want to marry you home. Self photographing Xiaobai are in a hurry again, "Hey, hey, don't you talk about self photographing today? Let others help you take these photos". Don't worry about the "self photographing artifact" when it's urgent! You can use the "voice controlled self photographing" function of Huawei Nova 2 plus, set the pose and shout casually, and the system will help you capture the beautiful moment when it receives the signal. As for what to shout, Xiaobian's conscience suggests calling "I'm the most beautiful" "I'm a goddess" or something. Of course, no one will stop you if you want to shout the slogan "high selfie love selfie" in Huawei Nova 2 series.Some netizens are very confident in their appearance and say, "since it's a selfie, I just want to show my face! I'm not interested in anything else except facial close-up!" calm down. "Selfie artifact" is always your best "shot" file. Now I'll teach you how to take "facial close-up" It's impeccable. Turn on the Huawei nova2plus front portrait mode. After using the background virtualization function, the ordinary self photographing becomes an art photo, forcing you to immediately up several levels. You can also further choose the Huawei nova2plus's own filter. You can freely switch between various styles such as forest, fashion, cleverness and elegance.Otaku, after today's "secrets of dead house selfie" class, do you have a better understanding of Huawei nova2 series with front 20 million and rear dual photography? Huawei nova2 series never stop in the matter of painting beauty, so that your beauty house can reach a new height!

Are Hairy Legs Unattractive to Girls/women?

No, not at all. Hairy legs on a guy are actually very sexy1. Some questions about my period for girls/women? Please answer!?a) every 2 to 3 hours. b) just qo in the bathroom and chanqe em, and make sure that you dispose of them properlyy. c) yess, i was 11 when i startedd mine. d) sometimes you miqht qet cramps, mood swinqs, you miqht qet hunqryy like all the time lol ( candyy helps alot ), and you qet sleepy alot ..2. Are there any girls/women here that like to get dirty?yes..I love power tools..I used to work on cars (but can not now due to allergies). But I still like wood working...I wired 6 concrete Asian lanterns for light. (and then a whole bunch of people tried to copy me. ...hahahaha. ..did not work. ) I paint the inside of my house. I do plumbing and 'light' wiring. (changing light fixtures, thermostats, etc) I have my own power washer...(I live in a brick house and it needs cleaning all the time. ..it's white. .).3. Girls/Women only: What type of guy would you rather date?Do not compare yourself to the otehr guys that a girl dates. I personally have dated and loved all three of these types of guys. Just think about the fact that you two were not meant to be, and that is that. Otherwise you will be dwelling on it and NO girl finds that attractive4. poll :girls and women do you wear makeup everyday to work, school, college classes?Yes I do as I love makeup! I wear MAC primer and foundation and avon usually for mascara and eyeliners etc. The only time I dont is in the day when on holiday or when im swimming!5. bra question for other girls/women!?I think theres a brand that came out with halves in bra sizes like B 38 1/2 you know? They are around someone try thoses6. Who sells cheap swimwear for girls / women? Cute bikinis, but cheap?Wet seal, wal-mart, and delias7. Girls...women..females. I need advice. READ IT ALL.? HELP?First of what I read from you is a lot of red flags in your sentences. The biggest problem about yourself is not your weight or something alike. It's your negative thinking in each sentence. Think how you look from a side when you are always thinking about yourself. Your body must be collapsed, you do not look self-confident about yourself, you feel afraid because you are afraid what each woman may think of you at the meeting and etc. STOP! First what you need to change is your thoughts. You need to learn think possitively. And it's no joke. You may think that it's a joke, but it's not. It's a really hard task for you and you even do not understand it yet. I am sure that even know you are trying to think negatively "Oh, what is she talking about? How can I look nice, if I am not?!" This is a really hard task for you if you want to find a girlfriend and have a serious relationship - try to catch each of your negative thought and fastly change it to positive! It's not a one day task. You do not need any advice about dating. When you learn how to think positively, your body will talk itself "Hey, here I am , I am self confidence and happy man. I am looking good for myself, also I am very interesting person. So if you want to know me better, let's talk!" Women like self-confident men. And if it would be true that heavy men can hardly find a real love, they all would be singles! :) But they are not. Remember, women like men, who are self-confident and happy for who they are and how they look (even if they are made a mistake choosing a wrong shoes or speech) :).8. Are you more physically attracted to young-looking girls/women or more mature-looking girls/women?My standards are the same. If she looks good & has a big butt she's ok with me9. Girls/Women What Guy would you rather have?10?Really either one as long as they had good personalitys

Is It a Good Idea to Cover Up Your Outdoor Air Conditioning Unit (compressor) with a Plastic Tarp fo

sure I would think it would protect the components in side1. My central air conditioning unit isn't working. How can I get it to work?You need to give much more detail to get a helpful answear to this question. Try to describe just what is going on and what you have or have not tried2. what is the cause of bad smell on home air conditioning unit like split type?The unit probably needs cleaned. The condensate drain pan can get some stuff growin in it and the coil probably needs cleaned. The whole system requires some routine maintenance. For more info, check out the ductless ac page at www. hvac-for-beginners. com.3. What type of regular maintenance should I be doing on my central air conditioning unit?Check/Clean/ Change filters or Electronic air cleaner, inspect blower motor wheel for cleanliness and alignment, check capacitors capacitance, check evap coil cleanliness and ability to transfer heat(delta tees), check filter driers inlet outlet temps, anything above 3 degrees is a restriction/moisture, condenser coil cleanliness and ability to transfer heat. 10 degree delta tees are acceptable. Generally not performing annual maintenance will also void manufacturers warranties or labor warranties. Two schools of thought on checking refrigerant levels are it should be checked annually to see if there is a leak that's formed or you should not because every time you gauge up you are removing charge from system. With new low loss hoses and ball valve hoses refrigerant loss is kept to a minimum so it's less of a concern. Then again if you just put a system in a year ago and you are just doing basic check-up, getting involved is not necessary. A good tech will be able to know when he/she should be gauging up based on the temperature readings they get while checking the indoor unit, after letting the system run for 15 min, which is usually done while performing the AHU maintenance4. Outside residentual air conditioning unit has huge block of ice.... in 80 degree weather.?Yes, turn the unit off until it has completely thawed out to prevent permanent damage. The coil inside the furnace unit is likely "frozen up" as well and could take several hours to completely thaw. Once thawed... the system may work until it starts to freeze up again, but likely wo not cool like it should until properly charged. Minimize use and closely monitor until repairman can take a look. Could be other things, but does sound like low freon in the system. A quick check with gages by a A/C pro will determine.5. I WAS TOLD I NEED TO REPLACE MY COMPRESSOR UNIT ON MY WHOLE HOUSE AIR CONDITIONING UNIT BY YEARS END?Hi, yes there is a phase out of R22 by the end of this year, but initially stop producing of virgin refrigerant, but you can still use recycled R22 up to 2015, but the european government are looking to bring this date forward. but this might not concern you as your unit might not be using R22, you need to find out what refrigerant your system is operating on and post it, all system now can be retrofitted using new more friendly refrigerants but all HCFC refrigerants are to be phased out within the next ten years but by this time arrives your A/C unit will be past it life expectancy. Your unit can probably be retrofitted to a different refrigerant and oil compatibility is no longer an issue as the old mith you cannot mix them is long gone as they now tell you to mix them in some retrofits. Just be careful as engineers will try and replace your unit because they will get a new install out of it and perhaps do not have the experience with the retrofitting process. Regards6. What is better, an r22 Air conditioning unit or a r410?when did the r410 come out about what year ??7. where can i find info. on my air conditioning unit?i dont know but thanks for hte two points just playing go to google duh8. If I am replacing my central heat and air conditioning unit, is it cheaper to stay with the same brand...?Unless you have a special situation, it wo not make a difference. They all hook up the same way. Check the efficiency rating vs cost. If your central unit is right outside a bedroom window, or above a living area, you want to find a quiet one. Get estimates from independent and branded companies.

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