Hdmi cable wire pattern classification and corporate earnings

Wire and cable industry in the country is second only to the automotive industry, the second largest industry in recent years, consumption of copper, 60% -86% of total domestic consumption of copper, wire and cable industry development and changes directly affect the domestic demand for refined copper, and ultimately affect copper prices. Therefore, understanding  WISDOM hdmi wall plate the development of China's wire and cable industry status and characteristics, analyze its future trends and predict future demand for copper to copper futures market is very necessary.
Wires and cables for power transmission and distribution, power transmission, voice, text, images and other information dissemination as well as lighting and other areas of a large class of electrical products, manufacturing a variety of electrical, electronics, instrumentation indispensable foundation equipment, is China's power infrastructure, new smart grid, new energy industry the necessary infrastructure products. Wire and cable industry to occupy the domestic electrical industry output value of 1/4, is China's second largest industry behind automotive industry, China's wire and cable output has surpassed the U.S. as the world's largest wire and cable producer. Upstream of the wire and cable industry, mainly in the supply of raw materials companies, such as copper rods, aluminum and other materials used in the cable business, cable consumer industries more, including power, automobile, machinery manufacturing, rail transportation, aerospace, home appliances and so on.
Wire and cable and corporate earnings pattern classification
According to the National Bureau of Statistics classification, wire and cable industries are electrical machinery and equipment manufacturing. Use classification, the main products include power cables, bare wires, winding wires, electrical equipment, cables, communication cables and fiber optic cables. Wire and cable products according to the voltage level can be divided into low, medium, high voltage, EHV and UHV different voltage levels. Voltage 110KV-1000KV distance between the transmission voltage is called complete energy; in our country, the following is called the voltage 110KV distribution voltage, completion of the power down process and then be allocated to a power function of the user transfer function. Transmission  WISDOM Network Cabinet voltage, the voltage between 110KV-220KV high-voltage, 330KV-750KV transmission voltage level is high pressure, 1000KV negative 660KV AC and DC voltages above grade is called UHV.
Wire and cable industry management organizations to China Electrical Equipment Industrial Association, China Wire and Cable Industry Federation affiliated club, whose main function is to assist the Government in industry self-management, represent and safeguard the legitimate rights and interests and the interests of the wire and cable industry member companies, and organizations to develop wire common commitment of the cable industry line about and so on.
Ordinary cable companies mainly to profit by earning fees. Enterprises in the contract of sale with the customer, generally the purchase price of copper (aluminum) rod plus a percentage of gross profit as sales price. Terms of payment, the customer mainly uses WISDOM Terminal BLOCK  stage payment modes, such as "2-5-2-1" model, that after signing the contract pay a 20% advance payment, pay 50% after product delivery, product installation after completion of the payment of 20% The remaining 10% as a quality guarantee paid after the warranty expires. This reimbursement model requires cable companies have a reasonable cash flow planning, to avoid cash flow problems. In the procurement of copper (aluminum) rod, the purchase price of some use now mode, and some use of copper and aluminum rod copper and aluminum spot price plus processing fee pricing model, the different procurement and sales model allows cable companies in response to fluctuations in raw material prices When will produce different exposures.