BOE A stock still has good development potential in the future. BOE A shares issued by BOE Technology Group Co., Ltd. BOE Technology Group was established in Beijing in 1993 with a registered capital of 38.449 billion yuan. It is an Internet of Things company that provides smart port products and professional services for information interaction and human health. The core business includes three major fields: port devices, smart IoT, and smart medical engineering. The port device business includes display and sensing devices, sensors and solutions. Its products are widely used in mobile phones, computers, TVs, vehicles and other electronic equipment. Smart IoT businesses include smart retail, smart finance, smart education, smart home, smart office and other industries. The smart medical industry includes mobile health and health services, and products such as mobile health management platforms are launched based on artificial intelligence and big data algorithms. BOE has nearly 9,000 patent applications.
BOE’s total market value has reached 194.2 billion yuan. It can be seen from BOE’s performance report that due to the impact of the epidemic, the net profit in the third quarter of 2020 was 2.476 billion yuan. In 2020, BOE’s The annual net profit was 5.036 billion yuan. As the epidemic slowly recovered, BOE's annual net profit in the first quarter of 2021 was 5.182 billion yuan, exceeding the net profit in 2020. In the 2021 mid-term report, BOE's net profit was 12.763 billion, and the net profit in the third quarter was 19.962 billion.
To analyze whether a stock has development potential in the future, we mainly look at two aspects. The first aspect is the company's recent development status, and the second aspect is whether the policies announced by the government and the general direction of the market are beneficial to the stock. development of this company.
BOE's businesses are currently hot development directions. In 2013, my country issued the "Special Action Plan for the Development of the Internet of Things". The state encourages the application of Internet of Things technology to promote production, life and social management. After After nearly 10 years of development, various smart solutions have gradually entered all walks of life, and the speed of social development is also getting faster and faster. Dozens of policy planning documents related to the Internet of Things have been issued in 2020 and 2021.