[Office Partner Information Center] Outstanding profitability of listed companies In addition to the number of stores that can be seen, the transcripts of many listed home furnishing companies are also attracting attention. These companies not only have outstanding profitability in the home furnishing industry, but also show good profitability in the capital market and become a model in the commercial market. According to the 2016 interim results of Red Star Macalline, from January to June, Red Star Macalline achieved operating income of 4.408 billion yuan, up 3% year-on-year; total profit and total income for the period was 2.42 billion yuan, up 7.2% year-on-year; The net profit attributable to human beings was 1.318 billion yuan, up 10.4% year-on-year; the core net profit margin reached a new high, reaching 29.9%, an increase of two percentage points year-on-year. Che Jianxin, chairman of Red Star Macalline, said that the increase in net profit margin is the result of a comprehensive contribution to increase cost control, improve operational efficiency, and rationally plan expenses while increasing revenue. Throughout the comparison, also from H shares, Tencent Holdings' net profit margin was 29.7% over the same period. The profitability of Red Star Macalline has already surpassed the Internet giant. In August this year, Qumei shares disclosed the 2015 semi-annual report. The report shows that Qumei's operating income in the first half of the year was 680 million yuan, up 25.07% year-on-year; the net profit attributable to shareholders of listed companies was 73 million yuan, up 90.46% year-on-year. . According to the data, from 2011 to 2015, the operating income of China's above-scale furniture enterprises increased by an average of 12.06%, and the total annual profit increased by 14.69%. From January to June 2016, China's furniture manufacturing industry revenue was 380.33 billion, an increase of 8.70% year-on-year, and the total profit was 23.07 billion, an increase of 15.10%. Regardless of revenue or profit growth rate, Qumei Home is far above the industry average. More granular: the leader in the industry appears In the big home industry, the degree of industry segmentation is getting more and more refined, and the “leading†in each segment of the industry is beginning to emerge. In the minds of consumers, those product categories that are not well-recognized, such as ceramic tile, bedding, hardware and other sub-product categories, have also begun to show outstanding brands and are recognized by the capital market. In June of this year, the China Securities Regulatory Commission issued a prospectus for the public offering of shares of Mona Lisa Group Co., Ltd. This means that Mona Lisa will probably become the first “Foshan†tile manufacturer to enter the A-share market. In September this year, Guangdong Haotai Technology Group Co., Ltd., which specializes in smart clothes washing machines, issued a listing prospectus, which is planned to be listed on the Shanghai Stock Exchange. This means that the good wife will become the first A-share listed company in China's drying rack industry. In addition, Shanghai Haixing Home Textiles, Zhongyuan Home Furnishings, Haotaitai, Haining China National Textile City, etc. are also pre-disclosed in this year's IPO, and want to land in the A-share market. As industry competition intensifies, industry resources become more concentrated, and brand value begins to emerge. In fact, the road to the rise of the home industry brand is still very long, and the growth space of the company is far from reaching the ceiling. Taking the home circulation industry as an example, at present, the total sales scale of all home furnishing chain enterprises in China accounts for about 23% of the overall market size. In the United States, only one company in Home Deport accounts for 28% of the entire market. Comparing the two, there is still a lot of market space for the home furnishing giants such as Red Star Macalline and Real Home. Taking the furniture manufacturing industry as an example, from January to June this year, the operating income of China's furniture manufacturing industry was 380.33 billion yuan. The well-known brands in the industry, such as Qumei Home and Meike Home, have annual revenues of 680 million yuan and 1.486 billion yuan respectively, which is still less than one percent of the industry. And many production companies, most of the production value is less than one thousandth of the industry. The furniture industry is very fragmented, and the increase in concentration will be the main driver of future growth. Disposable Single Wall Paper Cups Food packaging one stop purchase: manufacturing disposable bagasse tableware (plate, tray, bowl, container, clamshell, cutlery). 8Oz Paper Cup,Disposable Paper Cups,Disposable Espresso Cups,Biodegradable Paper Cups Guangxi U-Yee Environmental Technology Co.,Ltd , https://www.biodegradetableware.com
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