In The 4 Quarter Of The Year, Baocheng Appeared To Be Booming.
Po has become a global sports and leisure shoes manufacturer, and its main business is international brand customer OEM design and manufacture (ODM). Its customers include Nike, Adidas, Reebok, Asics, New Balance, Puma, Converse, Merrell, Salomon and Merrell. Footwear business operates by Hongkong listed company Yuyuan, which accounts for about 7 of the combined revenue of Baocheng. Another core business is sales channel. Through the Baosheng international operation of Yuyuan 61.35%, it operates channel products in China mainland and Hong Kong and Macao, and channel business accounts for 24% of last year's revenue from 24% last year to 3.
Part of the shoe making business is Baoji's first, third quarter of the year, and the second, fourth quarter is the peak season.
In the third quarter of this year, the company's revenue declined slightly by 7%, but after the peak season in October, revenue has been heating up.
The company believes that the order of shoe buyers in 11 and December will reflect the peak season steadily, and the overall performance will recover from the third quarter.
Since the beginning of last year, the Baoji group has gradually improved its channel business. On the one hand, the local economic growth has continued, and the trend of leisure has been raised.
Terminal demand
Growth, on the other hand, Baosheng also actively deal with channel inventory, after the inventory problem is solved, this year's operation returned to normal orbit, the exhibition shop action continued, revenue, profits also grew significantly.
As for Baosheng Road, it is a more anticipated business of the legal circle. The Baosheng road in the mainland is focused on leisure sports products, and its business base is as high as 7 or 8 thousand.
In the third quarter of this year, Baoji's revenue dropped in the first quarter of this year, but the investment in Nanshan city's stable investment in the industry, plus the dividend bonus of mega gold (2886), reached 1.2 yuan in the single quarter EPS, which is the best in the single season this year. In the fourth quarter, Baoji has estimated that its revenue will rise to more than 70 billion points, and the quarterly increase rate will reach 7 and 8%. Although there is no dividend income in the single season, it is expected that all the shoemaking and access channels will enter the peak season, and the contribution of Nanshan can still be expected. The single season EPS has the opportunity to maintain 1 yuan up and down, the annual revenue is increased by 1 yuan, the annual revenue is increased by 1 yuan, EPS is standing at 3.5 yuan, and the challenge is 3.8 yuan.
In the Ming Dynasty, the two major businesses that the legal person looks forward to Baocheng will grow with the demand of customers and sports market. The annual camp will see an increase of 5~10%, while EPS will have the chance to challenge the 4 yuan mark, and will rewrite the best record in 17 years.
According to statistics,
Baosheng
In the first 3 quarters of this year, revenue grew by nearly 19% over last year, becoming one of the momentum of Baoji's consolidated revenue growth this year. The accumulated profit in the first 3 quarters also increased from $about 4000000 last year to $about 46000000, which also made a substantial profit contribution to Baocheng, and EPS contributed 0.5 yuan.
Baocheng said that the number of stores in mainland China reached 7568 in the first 3 quarters of this year, including 4728 outlets and 2840 stores. Compared with the total number of 6952 in the same period last year, the number of shops has nearly 620, an increase of nearly 1.
Baocheng points out that the group eliminates
Shoemaking cause
In addition to China's mainland, Vietnam has already set up factories in Vietnam, Indonesia and Kampuchea, and has distributed the layout with customers' market layout needs.
According to the legal person estimate, the proportion of Baocheng's production in mainland China has decreased from 28% in the previous years to 25%, which has been relatively reduced by the continuous increase in China's labor costs.
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