Investment Highlights: In 2011, the company achieved operating income of 465 million yuan, an increase of 81.75% over the same period of last year; net profit attributable to owners of the parent company was 142 million yuan, an increase of 86.39%. The company's performance is basically in line with our latest expectations, and the growth in performance is mainly due to the increase in the price and price of synthetic diamond single crystals.
carbide Twist drill are the most common type of drill bit and are used for everyday drilling in all types of material. They are also the most confusing due to the sheer number of size, tip, and material specifications.
The range of high-precision solid Carbide Drills makes OPT one of the world's leading tool manufacturers. OPT high performance drills are available with or without internal cooling. They are delivered with modern
Flexible in order quantity:
Samples can be provided before mass production, and MOQ can be discussed accordingly.
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ABOUT US :
We are specialize in manufacturing PCD diamond tools and Carbide tools. Our major product inclulde PCD Inserts , PCD Reamers , PCD End Mills, PCD Taps, Cabide Inserts,Carbide Drills, Carbide Reams, Taps etc.,
We also offered customized cutting tools per drawings, and provide package according to customer requirements. We manufacture a series range of cutting tools for machining of Cast iron, Aluminium alloy and Non-Ferros metal, it is widely used in all major sectors like Automobiles, Engineering, Aerospace, Aviation and 3C industry. Premium quality of raw material is used in the production and strict examination during processing with advanced equipment, so our client are satisfied with our reliable quality and on-time delivery.
Our best selling of cutting tools include PCD Inserts, PCD End Mill , PCD Ball Nose Mill, PCD Reamer , Carbide Taps , Carbide End Mill , Special Form Cutter and many more. For these years we have been made a large forward in the technologies of manufacturing cutting tools. With high quality on performance and price, our product sells well both on domestic and overseas market. And we will always focus on the quality and best service, to make long business relationship.
quanlity control:
We have dedicated team of quality control and precise equipment to keep good and stable performance for our products and processing services.
Twist Drills,Carbide Twist Drills,Carbide Tipped Drill Bits,Carbide Twist Drill Bits OPT Cutting Tools Co., Ltd. , http://www.optdiamondtools.com
The capacity of single crystals continues to expand. In 2011, the company's single crystal production was about 1 billion carats. The company's 300 million carat fundraising project and the 340 million carat super fundraising project were completed in April and September 2011 respectively, and will contribute full capacity in 2012. At the same time, the company's 1.02 billion carat project, which uses its own funds and debt funds, is steadily advancing, and production capacity will be gradually released. It is expected that the company's single crystal production capacity will reach 1.6 billion carats in 2012. The advantages of single crystal are obvious, and the industrial chain is gradually improved. In 2011, the company's single crystal business gross profit margin reached 46.44%, which should be the highest level in the country, because the company has domestic top equipment. The six-sided press of Yu Diamond is self-developed, mainly based on 650 presses. At the same time, it is the only company in China that has a press with a cavity diameter of 1000. The company's press yield is significantly higher than that of domestic counterparts. In addition to the traditional single crystal business, the company's industrial chain gradually extends downstream. The micron diamond line project for photovoltaics has been basically put into production and is currently in the trial period of the product. It is expected to contribute some profits this year. At the same time, the company announced on March 26 that some of the remaining super-raised funds will be invested in the "annual production of 50,000 high-quality diamond grinding wheels" project. The project is expected to be trial-produced in May 2013 and put into operation in 2014. The contribution of normal years is 28.72 million yuan. The net profit was 6.22 million yuan, calculated by the existing share capital, and the EPS was increased by 0.02 yuan.
Investment suggestion: It is estimated that the EPS in 2012 and 2013 will be 0.70 yuan and 0.82 yuan respectively. The current stock price corresponds to 25 times PE in 2012, and the recommended rating is maintained. Risk warning: macroeconomic growth rate fell more than expected, micro-diamond line application is expected to be low
hese are the most common Twist Drills and are a good compromise between length and strength
coatings (including diamond coatings) which are adjusted to each material, which results in vast tool lives. By means of their optimization for various purposes, the drills build a product range which enables economic drilling for a broad spectrum of applications.
Solid carbide drills by OPT are designed especially for metalworking of steel, stainless steel, hardened steel < 70 HRC, titanium, inconel, aluminum and GRP/CRP. All solid carbide drills with diameters up to 3 mm and drill depths from 8 x D are provided with a polished flute as well.
Yu Diamond: The continuous expansion of the single crystal industrial chain is gradually improved
Abstract Investment points: In 2011, the company achieved operating income of 465 million yuan, an increase of 81.75% over the same period of last year; net profit attributable to owners of the parent company was 142 million yuan, an increase of 86.39%. The company's performance is basically in line with our latest expectations, the main source of performance growth...