The current situation of cross-border sales in 2020: Anker sold 6 billion, Tongtuo cut 25.9 million orders, and he won 300 million

There are only two months left in 2020. How are the performances of all sellers this year? Just recently, the third quarter reports of many cross-border e-commerce listed companies have been released one after another. Let’s take a look at how much money the big sellers have made.

Yesterday, Anker Innovations released its report for the first three quarters of 2020. The report shows that the company's revenue from January to September 2020 was 6.019 billion yuan, a year-on-year increase of 32.45% , mainly due to the growth in sales of the company's wireless audio and smart innovation products; the net profit attributable to shareholders of the listed company was 533 million yuan, a year-on-year increase of 15.68% . The corresponding third quarter single-quarter revenue was 2.491 billion yuan, a year-on-year increase of 45.57% , and the net profit was 256 million yuan, a year-on-year increase of 24.91% .

This is the first financial report released after its listing. It is worth noting that Anker Innovations has continued to invest in key technologies, product development, and R&D team building. In the first three quarters of 2020, R&D expenses reached 375 million yuan, a year-on-year increase of 38.17% , accounting for 6.2% of operating income. In 2017-2019 , Anker Innovations' R&D expenses were 200.7036 million yuan, 286.6262 million yuan, and 393.6704 million yuan, respectively, accounting for 5.14% , 5.48% , and 5.92% of operating income, respectively.

Yesterday, Tongtuo's parent company Huading Co., Ltd. released its third-quarter report. The financial report showed that Huading Co., Ltd.'s revenue in the first three quarters was 7.218 billion yuan, a year-on-year increase of 22.15% , and its net profit was 120 million yuan, a year-on-year decrease of 53.77% .

Huading shares stated in its financial report that the main reason for the revenue growth was the increase in sales revenue of its subsidiary Tongtuo Technology. Among them, the cross-border e-commerce sector where Tongtuo Technology is located had a total revenue of 5.678 billion from January to September, of which the export cross-border e-commerce revenue was 4.886 billion, accounting for 86.05% .

In addition, Huading Co., Ltd. also detailed the sales of various products in the export cross-border e-commerce sector, among which digital products had revenue of 1.022 billion yuan from January to September, accounting for 17.99% , clothing products had revenue of 166 million yuan, accounting for 2.92% , and home products had revenue of 3.699 billion yuan, accounting for 65.14% .

In addition, Huading Co., Ltd. also disclosed Tongtuo's key export operating data. From January to September, Tongtuo Technology's order volume was 25.9 million , the number of ordering users was 18.32 million, the average order amount was 203 yuan, the total commodity transaction volume was 5.25 billion, the number of active buyers was 1.75 million, and the number of visits to the self-operated platform was 52 million.

Although overall sales are good, due to the impact of the epidemic, the increase in cross-border e-commerce platform fees, logistics costs, advertising fees, salaries, etc. has led to a significant increase in sales expenses, which has had a certain impact on the decline in net profit.

Recently, Xinghui Precision released its third quarter report. The report shows that as of the end of September this year, Xinghui Precision's total assets exceeded 4 billion, an increase of nearly 20% from the end of the previous year. In the third quarter, Xinghui Precision achieved revenue of 1.41 billion , an increase of 57.52% over the same period last year, and net profit attributable to shareholders of listed companies exceeded 76 million, an increase of 120.55% year-on-year.

Zebao has made an indelible contribution to this achievement. Xinghui Precision said that it was mainly due to the good development momentum of cross-border e-commerce business.

Although this report does not directly reflect Zebao's revenue situation, in the first half of the year alone, Zebao achieved operating income of 177,595.12 million yuan (about 1.77 billion yuan) and net profit of 14,809.22 million yuan ( 14.8 billion yuan), up 67.86% and 200.81% year-on-year respectively. As the above financial report mentioned that the revenue mainly came from cross-border business, it is not difficult to see that Zebao still had outstanding performance in Q3 .

Last night, Tianze Information, the parent company of Youkeshu, a well-known brand in the industry, also released its third-quarter financial report.

In the third quarter of 2020, Tianze Information's operating income was 941 million yuan, down 18.66% from the same period last year; the net profit attributable to shareholders of the listed company was -7.2607 million yuan, down 107.63% from the same period last year. From January to September this year, the overall revenue reached 3.3 billion yuan, and the net profit was 72 million yuan, down 54.58% year-on-year.

However, Youkeshu, as a subsidiary of Tianze Information, accounts for nearly 95% of the cross-border e-commerce business, which means that almost all of the company's money is earned by Youkeshu!

Yesterday, Cross-Border Link released its third quarter report for 2020. The announcement showed that from January to September 2020 , the company achieved revenue of 12,979,505,247.65 yuan, a year-on-year decrease of 7.11% ; the net profit attributable to shareholders of the listed company was 371,602,520.19 yuan, a year-on-year decrease of 47.15 %. Among them, the profit in the third quarter was 100,255,540.79 yuan, a decrease of 58.75% over the same period last year.

It is understood that the research and development expenses from the beginning of the year to the end of the reporting period increased by 27,631,169.57 yuan compared with the same period last year, an increase of 49.82% . The main reason is that Paton focused on the influence of its brand and products in 2020 and increased its investment in product research and development.

In addition, Cross-Border Link disclosed the operating data of Paton, Shanghai Youyi E-Commerce and Global Easybuy in the first three quarters in its financial report.

Recently, the overseas technology innovation consumer brand " VanTop " completed a RMB 300 million Series A financing , with Sequoia Capital China Fund as the exclusive investor and Xinghan Capital as the exclusive financial advisor.

When it comes to Wantuo Technology, many sellers may not be familiar with it. After all, it is too low-key. Let’s take a look at it today.

Shenzhen Wantuo Technology Innovation Co., Ltd. ( Wantuo Technology ) was established in 2017 and is a well-deserved Amazon bestseller. In 2018, its first projector was launched, and the sales of its projector series products ranked first on Amazon (North America) for 24 consecutive months, with sales exceeding 100 million.

In addition, this year, Wantuo Technology's sales in the second quarter increased by 473% year-on-year, and its sales in the first half of the year alone exceeded the entire year of last year.

The company has won multiple BSRs on Amazon in just over three years since its establishment. No wonder it has won the favor of capital. I hope Wantuo Technology will also have an extraordinary performance in the third quarter.

Dear sellers, how are your performance? Welcome to leave a message to discuss!

(Source: Cross-border Sellers Teahouse)