• <abbr id="ck0wi"><source id="ck0wi"></source></abbr>
    <li id="ck0wi"></li>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li><button id="ck0wi"><input id="ck0wi"></input></button>
  • <abbr id="ck0wi"></abbr>
  • <li id="ck0wi"><dl id="ck0wi"></dl></li>
  • Home >

    AOKANG: Business Turning Point Is Approaching, Employee Stock Ownership Shows Confidence.

    2014/11/12 17:39:00 22

    AOKANGManagementEmployeesConfidence

    The industry structure has gradually changed from "Pyramid" to "spindle shaped", and the competition situation is becoming clearer now. The industry competition is concentrating on several major brands.

    In addition, the impact of foreign brands on men's shoes is relatively small. AOKANG, as the leader of domestic men's shoes, will fully benefit from the upgrading of the industry's low trough and the change of competition pattern.

     

    The company's business is expected to recover steadily and operate.

    Inflection point

    Already present.

    The company has always been in the forefront of the industry in terms of business adjustment and mode pformation. As the adjustment strategy of the direct battalion is drawing to a close, the adjustment effect is gradually emerging. Meanwhile, through the support of distributors and the centralized digestion of inventory, the inventory pressure gradually decreases.

    At present, the turning point of the company's performance has been basically established. In the future, with the recovery of terminal retail and the acceleration of the construction of the International Pavilion, the company's business is expected to recover steadily and enter a stage of rapid development.

    Long term strategic direction: O2O consumption mode + personalized customization, scale production.

    In the medium and long term, we also see the company's active exploration and layout in O2O and personalized customization and large-scale production. We are optimistic about the natural O2O attributes of men's shoes, and personalized customization will be the inevitable trend of future development, but the demand for supply chain is very high. With the application of big data and 3D printing technology, we can also see that the company's continuous efforts in supply chain construction and product research and development, once it has the basis of large-scale promotion, will have great potential for application, and will also bring more extreme shopping experience.

    The introduction of employee stock ownership plan highlights future development confidence.

    The company recently launched an employee stock ownership plan. Its participants covered 51 executives and employees, and the subscription scale of the scheme reached 133 million yuan, with a lockup period of 1 years.

    The biggest highlight of this plan is to use share structure to enlarge employees' profits and losses, and fully demonstrate their confidence in the company's future development.

    Risk warning.

    Terminal retail environment continues to slump; industry adjustment period is longer and recovery is slow; international stores are not as fast as expected.

    Raise the rating to "buy", a reasonable valuation of 23 yuan.

    As a leader in domestic shoe industry, the company is expected to benefit from the upgrading of the industry's low trough and the change of competition pattern. The leading edge is more prominent.

    At the same time, through the promotion of new channels such as the International Pavilion, the extension space will be further opened. The future business is expected to be restored steadily. The turning point of operation has already appeared. The company has recently launched an employee stock ownership plan to show its confidence in the future. In the medium and long term, the company's promotion in O2O and personalized customization and standardized production is also worth looking forward to.

    Adjust the 14~16 profit forecast to 0.59/0.78/0.99 yuan, raise the rating to "buy", the company reasonable valuation of 23 yuan, corresponding to 15 years PE 30X.

    (

     

    • Related reading

    Levi 'S Parent Company'S Second Stage Restructuring Plan To Lay Off Another 500 People

    Staff world
    |
    2014/11/12 15:42:00
    25

    The First National Footwear Competition Will Be Held By The End Of This Month.

    Staff world
    |
    2014/11/8 21:45:00
    34

    Professor Wu Da Won The International Conference On Geosynthetics.

    Staff world
    |
    2014/11/6 10:30:00
    32

    Has Nicolas Entered LV For A Year?

    Staff world
    |
    2014/11/5 13:33:00
    37

    Xinjiang Akesu To Carry Out Cotton Target Price Inspection Training

    Staff world
    |
    2014/11/4 23:14:00
    28
    Read the next article

    Satin Handbag, The Highlight Of The Banquet Hall

    Satin is a high quality fabric with smooth gloss. It has high requirements for tailoring. Satin has elegant and soft comfort, and only needs a little ingenuity to set up a sense of hierarchy and temperament. Satin was once regarded as the exclusive fabric for evening dress. Now, a large number of silk fabrics are made into designer handbags, jacket jackets, pencil skirts, pants and other advanced Japanese clothing.

    主站蜘蛛池模板: 久久精品中文字幕大胸| 国产欧美日韩综合精品一区二区 | 91精品欧美综合在线观看| 稚嫩娇小哭叫粗大撑破h| 成人观看网站a| 国产无套粉嫩白浆在线| 亚洲一本之道高清乱码| h在线观看视频免费网站| 欧美大香线蕉线伊人久久| 国产精品毛多多水多| 亚洲国产成人久久综合一区77| 51国产偷自视频区视频| 欧美变态老妇重口与另类| 国产精品免费视频网站| 亚洲自偷自偷在线制服| 99热在线播放| 欧美黑人vs亚裔videos| 国产精品无码无卡在线播放| 亚洲午夜在线一区| 欧美日韩另类综合| 日本道在线播放| 国产99久久九九精品无码| 乱亲玉米地初尝云雨| 鸥美一级黄色片| 手机看片国产在线| 公和熄三级中字电影久久| jizz日本黄色| 欧美日韩第一区| 国产浮力影院第一页| 久久精品国产99久久| 四虎成年永久免费网站| 日韩伦理电影在线免费观看| 国产乱理伦片在线看夜| 一级片网站在线观看| 深爱五月激情网| 国产精品三级国语在线看| 久久无码专区国产精品s| 美女扒开胸露出奶乳免费视频| 好多水好硬好紧好爽视频| 亚洲欧美日韩在线不卡| 国产精品久久女同磨豆腐|