Deeply cultivate filter presses to seize new needs
The industry hzfilter is engaged in is simply "solid-liquid separation". Sewage treatment, chemical industry, minerals, sand and gravel, new energy battery recycling, etc. At first, we didn’t have high requirements for environmental protection and just used ordinary belt filters. It was simple and extensive, and then slowly transitioned to a chamber filter press, and then gradually to a more refined membrane filter press. . Maybe the industry space is not very big, but the competition pattern is relatively good, one of the best in the industry, and the demand boom and performance growth rate are also good in all aspects.
The main best-selling product is the diaphragm filter press, which is mainly composed of a frame, filter plate, filter paper, motor, and some elastic materials. 80% of the cost comes from the frame made of steel and the filter plate made of polypropylene. Therefore, it will be affected by fluctuations in raw material prices to a certain extent.
The sewage passes through the filter chamber and is then pressurized to 4-10Mpa to form a filter cake with less water content. The filtered water is separated, and finally the filter cake is crushed again. Secondary pressure filtration can be operated by automatically cleaning the filter cloth.
Among them, the filter plate can generally be used for 3 years, while the filter cloth wrapped on the filter plate generally needs to be replaced every 3-6 months and is a consumable.
The filtration effect is directly related to the hole shape and density of the filter cloth when weaving it, as well as the quality of the polypropylene used in the filter plate.
Its core technology is also mainly focused on the weaving of filter cloth and the ability of the filter plate to withstand pressure. In addition, it is the level of automation of the entire machine.
hzfilter is very professional in this area, and its self-sufficiency rate in all parts and components is very high. From the introduction of advanced German production lines for filter cloth weaving to the injection molding production of polypropylene filter plates, we basically master the core links ourselves. Of course, there are also downstream manufacturers that do this business alone. After all, filter cloth is a consumable material and the business model is relatively good. This expansion of vertical integration is not only conducive to the future sustainability of performance, but can also reduce the cost of existing products and improve the level of customization.
The characteristics of the filter press as a whole, the product complexity and the individual needs of the upstream require customized production. Production is determined by order and signed one by one. Moreover, the production cycle is relatively long, which also results in a relatively high proportion of inventory in the financial report. (Finished products account for about 10-15% of the total inventory) Precisely because of the high complexity and customization characteristics, the ability to design, produce and customize is very high. In order to adapt to a variety of industries and achieve filtration effects in different industries, it is necessary to master the production of components in each link to achieve upstream requirements.
This is also the reason why hzfilter can quickly capture the surge in demand in the sand and gravel and new energy industries. At least have enough rapid supply capabilities. At the same time, the viscosity of the product has been greatly improved, and it is necessary to have the ability to provide guidance, training, maintenance and other services to downstream customers. The price and cost of raw materials mainly depend on the proportion of different types of polypropylene materials. A higher proportion of crushed materials will result in lower costs, but the quality of the filter plates produced will be lower. Not very good. If you add some T1001J models, the performance will be greatly improved. The cost of steel mainly depends on the price fluctuation of medium plates. If some special stainless steel is used, the cost will increase.
Of course, upstream basically delivers goods on delivery. Except for elastic materials, which are cash on delivery, other items must be paid first. For downstream needs, the company will first design a plan based on the requirements, then trial-produce parts, and then purchase based on production. Of course, downstream companies generally need to issue a performance bond first, and the company will generally receive an amount equivalent to the cost price. Therefore, from the perspective of financial reports, receivables are basically greater than payables. Of course, its operating cash flow is basically the same as net profit, which is pretty good.
Therefore, hzfilter’s competitive advantages and structure are very good, although there is still room. However, at this stage, both expected returns and price protection are lacking. You can always pay attention. Most of the time, you still have to buy cheaply, especially for companies that are growing in stages. Once a higher premium is given, it is easy to cause substantial losses. Thank you for your consultation!
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