Application of Single Chip Microcomputer on EDM Machine

Kunming Machine Tool's revenue growth in 2010 but the profit fell, the performance was slightly lower than expected. In 2010, the company achieved operating income of 1.598 billion yuan, an increase of 16.4% year-on-year; realized net profit attributable to shareholders of the parent company of 178 million yuan, down 17.4% year-on-year; realized earnings per share of 0.34 yuan.

The increase in revenue is mainly due to the growth of low-end machine tools and is expected to improve this year. This year, the overall output of the machine tool industry has increased by about 35%, but the market for ordinary flow products has been in short supply, and the market for major machine tool products is relatively weak.

The downstream of the company's products is relatively scattered, and its sales are basically the same as the industry. The income from lying bed has increased by 78% year-on-year, while the income from landing has decreased by 25%. In terms of output, the decrease is about 6%, mainly due to structural adjustment and company promotion in the first half of the year. Lowering the price makes the average price drop by 18%). At the end of 2010, the new order structure began to be reasonable, and the quarterly amount was higher than the sales volume. This is conducive to the company's steady growth in revenue this year. It is expected that the company's annual revenue growth may be around 20%. The introduction of German Heath technology will help strengthen the company's technological advantages in heavy-duty machine tools and is expected to become a growth point in the next few years.

The decline in profit was mainly due to the adjustment of product structure and the decline in the unit price of medium and high-end products, which will also improve this year. In 2010, the gross profit margin of the company's main products of machine tool products and sales decreased significantly, which was nearly 5 percentage points lower than that of the same period of last year. In addition, the gross profit margin of high-efficiency energy-saving compressors dropped sharply, and the company's comprehensive gross profit margin (27.2%) decreased year-on-year. Close to 7 percentage points. The decrease in gross profit margin of machine tool products was mainly due to the increase in the proportion of low-end products and the decrease in the unit price of mid- to high-end products.

It is expected that the high-end demand will be steadily improved in the next few years. The heavy-duty casting base that the company is building can meet the production capacity of high-end products on the one hand, and increase the self-sufficiency rate of castings on the other hand, which is conducive to the recovery of gross profit margin. In addition, during the “Twelfth Five-Year Plan” period, the state attaches importance to high-efficiency energy-saving products. The company's current high-efficiency energy-saving compressors are in a state of break-even. For example, the introduction of relevant policy support is also conducive to increasing sales and gross profit margin.

Gao Minghui, chairman of Kunming Machine Tool, said that 2011 is the first year of the national “Twelfth Five-Year Plan”. It is a year in which opportunities and challenges coexist, but opportunities are greater than challenges. The country is focusing on the development of equipment manufacturing industry as an emerging strategic industry. Kunming is faced with a rare opportunity for development: but as inflationary pressures increase, raw material prices rise, costs increase, and industry competition intensifies, Kunming is also facing severe conditions. The challenge.

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