The hottest meiyingsen expects to subvert the indu

  • Detail

Meiyingsen: it is expected to subvert the industry competition law through packaging interconnection. In 2013, the revenue increased by 26.3% year-on-year, and the net profit increased by 62.4% year-on-year:

the company released the 2013 annual report, and the revenue increased by 26.3% year-on-year to 1.3 billion; By product, the revenue of light packaging reached 910million, an increase of 34.1% over the same period last year; Heavy packaging fell by 16.2% year-on-year to 98.6 million; Third party procurement reached 270Million, with a year-on-year growth rate of 30.9%; Labels and other products decreased by 17.6% year-on-year to 15.11 million. In the fourth quarter of 2013, the company realized a revenue of 394million yuan, with a month on month growth rate of 20.8%, indicating that the company's capacity utilization has significantly improved driven by the growth of new customer orders. In 2013, the revenue of Dongguan plant increased by 51% year-on-year to 380million, that of Suzhou plant increased by 35.3% year-on-year to 260million, and that of Chongqing plant increased by 58.6% year-on-year to 116million. In 2013, the company realized a net profit of 174million, with a year-on-year growth rate of 62.4%, equivalent to EPS 0.49 yuan

in 2013, the gross profit margin increased by 5.5% year-on-year, and the period expense rate increased by 2.4% year-on-year: 20 played a sealing role, and the company's comprehensive gross profit margin in 2013 was 33.2%, 5.5% higher than that in 2012; By product, the gross profit margin of light packaging was 31.4%, an increase of 5.3% over the same period last year; The gross profit margin of heavy packaging was 42.1%, up 2.9 percentage points year-on-year; The gross profit margin of third-party procurement reached 35.7%, with a year-on-year increase of 10.4 percentage points; The gross profit margin of label products increased by 14.7 percentage points to 23.4% over the same period last year. We believe that the improvement of the company's profitability is mainly due to the scale effect and the provision of more value-added services

during 2013, the expense rate was 17%, up 2.4 percentage points year on year; Among them, the sales expense rate increased by 0.3 percentage points to 7.3% year-on-year due to the increase of freight; The administrative expense rate increased by 01 cases year-on-year due to the increase of R & D expenditure (R & D expenditure increased by 70.7% year-on-year, and the change-over switch should be turned to the "load" position) - Europe 2 handcart yard is trying to sell at a good price 4 percentage points to 9.4%; Due to the decrease of interest income and the increase of exchange loss, the financial expense rate increased by 1.5% year-on-year. In 2013, the company's export revenue was 380million, equivalent to US $63 million. The appreciation of RMB caused the company to suffer an exchange loss of 11.82 million in 2013. The recent appreciation of US dollar against RMB helped to reduce the financial expense rate of the company in 2014

set a lofty goal and aspire to become a leading enterprise:

the company has become a leading packaging enterprise in China by virtue of its excellent integrated packaging service ability. In the future, we believe that the company will also adhere to the development idea of high-end customers and high-quality packaging, actively comply with the development trend of the packaging industry, continue to advance in the direction of packaging appearance design, packaging intelligence, interconnection and customization, and strengthen its core competitiveness, Gain greater market share through endogenous methods

on the other hand, as a packaging enterprise listed in China, we judge that the company will continue to implement the M & a strategy. For example, by means of M & A, we will bring outstanding enterprises in packaging interconnection and customization into our territory, so that there will be a resonance effect between the extension expansion and the strengthening of endogenous competitiveness

from overseas experience, the packaging industry can breed large market capitalization listed companies. The concentration of the overseas market is very high and the domestic market is very low. Under the tide of national economic transformation, we believe that the domestic packaging industry will move closer to the overseas market and become increasingly concentrated. The company has always been in a leading position in the domestic packaging industry. The interconnection and customization of packaging is an opportunity for the company to subvert the competition law of the industry again, We are looking forward to accelerating its development into a major domestic packaging market and making it a leader in the value of several orders on the spot

Copyright © 2011 JIN SHI