The automation equipment sector has always been a concentration camp for bull stocks. There have been many bull stocks that have doubled, and many have even doubled five times or ten times.
This sector can be called a panacea sector, and it is perfectly suitable for humanoid machines, industrial machines, intelligent manufacturing, consumer electronics and other tracks.
Therefore, it is necessary to review the first quarter reports of companies in this sector.
After review, it was found that a total of 9 automation equipment companies released this year’s first quarter report on Friday night.
In terms of performance, 5 companies experienced year-on-year growth and 4 companies declined.
Among them, the one with the fastest growth rate was as high as 346%, showing explosive growth.
The specific situation is summarized below.
Let’s first look at the five companies whose performance increased year-on-year:
- Ruisheng Intelligent, revenue increased by 67.34% to 117 million, and profit increased by 345.59% to 8.899 million.
- Tianzhun Technology’s revenue increased by 75.61% to 384 million, and its profit increased by 114.54% to 4.695 million.
- For Sine Electric, revenue increased by 24.75% to 121 million, and profit increased by 30.91% to 11.99 million.
- Xinjie Electric’s revenue increased by 19.57% to 464 million, and its profit increased by 18.17% to 54.37 million.
- Juzi Technology, revenue increased by 11.92% to 205 million, and profit increased by 1.02% to 32.53 million.
Look at the four companies whose performance declined year-on-year:
- Kejie Intelligent, revenue increased by 73.14% to 267 million, and profit fell by 0.984% to a loss of 43.88 million.
- For Zhongkong Technology, revenue fell by 6.289% to 1.506 billion, and profit fell by 37.81% to 74.68 million.
- Huachangda’s revenue increased by 83.25% to 677 million, and its profit fell by 57.22% to 1.591 million.
- Blue Ocean Huateng’s revenue fell by 24.79% to 98.88 million, and its profit fell by 57.70% to 11.84 million.
Many of these nine companies are leading companies in industry segments, and their first-quarter results are of great reference significance.
For example, Ruisheng Intelligence is a smart factory solution provider focusing on the field of smart manufacturing. It mainly produces smart suspended production systems, smart suspended warehousing and sorting systems, comprehensive smart logistics systems and other products.
In the first quarter of 2026, the company achieved revenue of 117 million yuan, a year-on-year increase of 67.34%; net profit attributable to the parent company was 8.8987 million yuan, a year-on-year increase of 345.59%; non-net profit after deduction was 8.5033 million yuan, a year-on-year increase of 1165.46%.
Overall, the company’s first quarter report is very eye-catching. While revenue only increased by less than 70%, net profit soared more than three times, and non-net profit increased more than 11 times.
Tianzhun Technology is a core enterprise of automation equipment focusing on industrial vision equipment. Its products cover precision measuring instruments, intelligent inspection equipment, intelligent manufacturing systems, etc. It can provide high-precision visual inspection solutions for consumer electronics, automobile manufacturing, semiconductor and other fields.
In the first quarter of 2026, the company achieved revenue of 384 million yuan, a year-on-year increase of 75.61%, and net profit attributable to the parent company was 4.6947 million yuan, which turned from loss to profit and increased by 114.54% compared with the same period last year; deducting non-net profit of 2.6501 million yuan, it also turned from loss to profit and increased by 106.93%.
The company said that the significant increase in performance was mainly due to the increase in orders on hand at the end of last year, and new orders in this period increased by 52.85% year-on-year, resulting in a year-on-year increase of 40.24% in orders on hand, providing support for subsequent revenue growth.
However, during the reporting period, the company’s three major expenses totaled 15.7 million yuan, a year-on-year increase of approximately 72%, far exceeding the revenue growth rate. In particular, financial expenses increased significantly due to exchange losses. Financial expenses alone were as high as 12.57 million yuan, compared with only approximately 4 million yuan in the same period last year.
The sharp increase in financial expenses has significantly suppressed the company’s profit elasticity. This is also the core reason why the profit after deduction of non-profits only achieved a slight profit despite a 75% increase in revenue.
Finally, let’s look at Zhongkong Technology, which has experienced a year-on-year decline in performance. It is a leading company in the domestic process industry automation control field, and its market share in the DCS (distributed control system) market in the process industry ranks at the forefront of the industry.
In the first quarter of 2026, the company achieved revenue of 1.506 billion yuan, a year-on-year decrease of 6.29%; net profit attributable to the parent company was 74.6828 million yuan, a year-on-year decrease of 37.81%; non-net profit after deduction was 45.6754 million yuan, a year-on-year decrease of 40.84%.
The company’s first quarter report is a typical combination of revenue reduction and profit reduction, and the profit decline significantly exceeded the revenue decline.
The core reason for the sharp drop in its first-quarter performance was the unexpected increase in the company’s expenses during the period.
During the reporting period, the company’s financial expenses in the first quarter increased significantly by 88.70% year-on-year due to exchange losses, the superimposed software tax rebate decreased by approximately 10.95 million yuan year-on-year, and the investment income of joint-stock companies decreased by approximately 15.66 million yuan. The three items together contributed to a profit decline of approximately 72.25 million yuan, which directly led to the company’s total profit falling significantly by 60.93% year-on-year, and non-net profit after deducting non-profits fell by more than 40%.
