investment circle of g-sea profile (619)

Investment highlights:

1. The company is a key high-tech enterprise determined by the Ministry of Science and Technology, mainly engaged in the production, sales, installation and research and development of middle and high-grade plastic profiles, plates, doors and windows. The main products include plastic-steel door and window profiles, color profiles, two-color and full-color profiles, wood grain extruded profiles and plastic fences.

2. The production and sales volume of the company's products ranks first among domestic plastic profile enterprises and is in a leading position in the international plastic profile industry.

3. The state has always advocated building energy conservation, and has issued many policies to promote it. Especially recently, the state has set the goal of building a resource-saving and environment-friendly society. In the Eleventh Five-Year Plan, it is clearly stated that resource conservation is the basic national policy, and it is required that the energy consumption per unit GDP will be reduced by about 2% by 21 compared with the end of the Tenth Five-Year Plan, and building materials will be the key industry to carry out circular economy pilot projects.

Negative factors:

1. With the deepening of national macro-control, a series of policies to control real estate were introduced, and the number of new real estate projects decreased, and the demand for profile doors and windows slowed down, which affected the company's sales growth. In this regard, the company actively conducted in-depth market research, and by optimizing the incentive mechanism, increased the intensity of project grabbing, shifted the focus of management, and opened up the urban market, and strived to overcome the impact of macro-control and maximize sales.

2. As the price of PVC, the main raw material, fell for a period of time, the gross profit of the industry increased, and some small and medium-sized profile manufacturers started to work, which intensified the competition in the regional market. In this regard, on the one hand, the company maintains a reasonable gross profit margin, on the other hand, it gives full play to the advantages of "Conch Profile" in quality, brand, scale and supply guarantee, treats different regional markets differently, and actively innovates management ideas, effectively consolidating its competitive advantage and enhancing its market control.

Comprehensive evaluation:

As the leader of domestic plastic profile industry, the company has great advantages in product production and sales, product quality and market popularity. With the sustained and stable development of China's national economy, the rapid growth of real estate investment provides a good opportunity for the company's large-scale development, and it has certain mid-line investment value in the secondary market.

although the company's operation has declined, some organizations are concerned that it is in the early stage of band rising, and it is possible to open positions, but it is necessary to move in and out with the bookmakers, and the band can make money.