Pathfinder Accelerate The Strategic Layout And Development Of Large Outdoor Ecosystem

In July 13th,

Resumption, although the announcement does not realize part of the equity interest in the way of capital raising, "one overseas group with main business for outdoor equipment", but a securities agency analysis: the Pathfinder outdoor ecosystem system strategy is accelerating, the company's current market value is only 10 billion 300 million, we expect 15 years net profit of about 330 million, an increase of 12% over the same period, maintaining the recommended rating.

For the "big outdoor ecosystem", the strategic layout of Pathfinder extends from outdoor products to

And travel sector, the recent increase of 2 billion 100 million and the adjustment of internal structure marked the acceleration of this strategy.

Many of them are outdoors.

The main industry contributes to stable profits, providing strong support for the construction of the outdoor ecological circle of the company; the tourist sector as the user flow entry of the whole ecological circle; sports plate as the profit growth point of the company, forming a complete user ecosystem.

Now, Pathfinder is constantly making use of the capital and platform advantages of listed companies, and continuously keeps track of talents and resources in outdoor travel and sports industry, and has a deep layout.

At the same time, the early release of the 2015 first half results showed that it maintained a good momentum of profitability.

Pathfinder 2015 H1 revenue 675 million, an increase of 8.5%, total profit 167 million, an increase of 20.5%, net profit 125 million, an increase of 50%, due to the failure of the company's high-tech certificate, according to the principle of caution 25% tax rate, if calculated at 15% tax rate, the first half net profit 143 million, an increase of 16.5% over the same period; calculated Q2 income about 291 million, year-on-year decline, 291 million, total profit, increased year by year, net profit, net profit increased by year (according to tax rate calculation).

Because the Pathfinder is a rare subject with a performance basis in the sports theme, the securities company believes that it will break through and develop in every field of the outdoor ecosystem in 2015. It is estimated that the net profit will be about 330 million in 15 years.