Yijiahe (603666) dynamic commentary: live working robots: providing basic support for ubiquitous electric power Internet of Things
Yijia and live working robots settled in China’s first ubiquitous electric IoT laboratory, the first-mover advantage was converted. People’s Daily reported on March 28 that the first domestic ubiquitous electric IoT laboratory was established in Shanghai, marking Shanghai’s ubiquitous electricNetworking Networking has taken an exploratory step.
In the next 3-5 years, China Offshore Power will continue to deeply integrate modern information and communication technologies to create a comprehensive sense of status, comprehensive data integration, efficient platform sharing, and convenient and flexible ubiquitous electric power Internet of Things.
The presence of live working robots in the laboratory has become one of the important means for basic support for ubiquitous power IoT terminals.
Yijiahe is currently the first and only company in China to provide commercial products, maintaining the EPS forecast for 2018-20201.
Maintain target price of 82.
0 yuan, corresponding to PE in 2019 is 30?
36 times, maintain “Buy” rating.
The procurement of live working robots is expected to be clear. The domestic demand for 20 to 30 billion live jobs is to perform uninterrupted maintenance, component replacement or testing on high-voltage electrical equipment.
Use live working robots to replace manual work, 1) solve the safety problem of electric personnel and improve the working environment; 2) less staffing of live working personnel, solve the lack of human resources; 3) improve the efficiency and quality of work, and improve reliability.
As the pain points of live operation of the power grid can be further solved, and in the context of the widespread construction of the Internet of Things, the State Grid’s procurement goals for the procurement of live working robots are relatively clear. According to a live working team equipped with a live working robot, the domestic demand space is measured.200?
Core technology of live working robot: vision measurement technology, force feedback 四川耍耍网 and on-site sensing technology Core technology of live working robot: 1) Binocular vision measurement technology / vision enhancement technology, known positional relationship between two cameras, You can obtain the three-dimensional size of the object in the common field of view of the two cameras and the three-dimensional coordinates of the feature points of the space object.
2) Force feedback and telepresence technology are the core of human-computer interaction.
Telepresence refers to the real-time feedback of the interaction information (visual, force, and tactile) of the remote environment to the local operator to generate virtual reality about the remote environment mapping, so that the operator has an immersive feeling, So as to effectively control the robot to complete complex tasks.
3) Dedicated system and insulation 北京夜生活网 protection system for live working robots.
Yijiahe is currently the first company in China. Yijiahe is the first company in China and the only company that can provide commercial products. It is also the only company that provides commercial products.During development.
The company’s live-operating robot entered the country’s first ubiquitous electric power Internet of Things laboratory, which represented that the company’s products are technically leading in the country, and also achieved a breakthrough of 0 to 1 in commercialization. The first-mover advantage has been achieved.
At the same time, the launch of new products for live-operating robots in Shanghai reflects the company’s ability to expand across markets. This new product release is of great significance to the company.
Maintain profit forecast and “Buy” rating company has too many orders on hand, maintaining 2018-2020 operating income forecast to 5.
1.7 billion with an EPS of 1.
77 yuan, PE is 33.
See Robot Automation and Power Automation Industry 2019 34.
86 times average PE estimate, maintain target price of 82.
0 yuan, corresponding to PE in 2019 is 30?36 times, maintain “Buy” rating.
Risk warning: high dependence on the power industry and the national power grid system; high customer concentration; high business area concentration; competitive bidding and disputes leading to lower gross margin