On the evening of October 29, Meiyingsen disclosed its third-quarter earnings. In the first three quarters, Meiyingsen achieved operating income of 2.329 billion yuan, up 16.15% year-on-year; net profit attributable to shareholders of listed companies was 293 million yuan, up 18.25% year-on-year. The performance has grown steadily.
Increase in customer orders, Mei Yingsen's revenue and net profit increased in the first three quarters
On the evening of October 29, Meiyingsen disclosed its third-quarter earnings. In the third quarter, Meiyingsen achieved operating income of 905 million yuan, up 18.74% year-on-year; net profit attributable to shareholders of listed companies was 119 million yuan, up 14.71% year-on-year. . In the first three quarters, Meiyingsen achieved operating income of 2.329 billion yuan, a year-on-year increase of 16.15%; net profit attributable to shareholders of listed companies was 293 million yuan, an increase of 18.25% year-on-year, and the performance growth was stable.
Mei Yingsen said that the increase in operating income during the reporting period was mainly due to the increase in orders for Shenzhen Meiyingsen, Dongguan Meiyingsen, Suzhou Meiyingsen, Chongqing Meiyingsen and Dongguan Meixinlong during the reporting period.
With the continuous increase in orders from developed customers, Mei Yingsen expects that the company's revenue and profit will increase in 2018, and the net profit attributable to shareholders of listed companies will be between 4.00 and 453 million yuan, an increase of 15% to 30%.
For a long time, Meiyingsen customers have continued to expand, including Apple, Amazon, Samsung, Cisco, Emerson, HP, DELL, Canon, Bose, Harman, Sonos, Shell, IKEA, Amway, McQuay, HomeDepot, Foxconn, Wistron, Jiashida, Lenovo, BOE, ZTE Mobile, Hikvision, Midea Group, Luzhou Laojiao, Yanghe, Jiannanchun, China Resources Yibao, SF Express, Netease Strict Selection, Mengniu, BBK, Fuyao Glass and many other high-end strengths enterprise.
Smart factories are multi-flowered, and cross-regional service capabilities are significantly improved
In recent years, with the rapid development of China's economy, the demand for commodities, especially high-end goods, has been increasing, and the improvement of packaging requirements has pushed the packaging industry to show explosive growth in recent years. Meiyingsen has grasped the strategic development opportunities brought about by the accelerated concentration of the industry and the upgrading of consumption, deeply cultivating the needs of key customers, and actively exploring and innovating. It has grown into a leading integrated high-end environmental protection packaging service provider in China.
At present, Meiyingsen has initially formed a strategic layout covering economically active areas such as Guangdong, Hong Kong, Macao and Dawan District, Yangtze River Delta Economic Circle, Chengdu-Chongqing Economic Zone, Changsha, Zhuzhou and Xiangtan Economic Zone, Central Plains Economic Zone, and Belt and Road - Xi'an; Based on the four manufacturing platforms of Shenzhen, Dongguan, Suzhou and Chongqing, new or expanded high-end manufacturing platform projects in Chengdu, Suzhou, Changsha and Lu'an are under construction. The packaging and printing industry 4.0 smart factory (Dongguan) project capacity It has been gradually put into use, and the company's cross-regional service capabilities have significantly improved.
Announcement shows that Meiyingsen continues to increase project construction efforts, low carbon environmental packaging research and development headquarters base project, packaging and printing industry 4.0 smart factory (Chengdu) project, packaging and printing industry 4.0 smart factory (Changsha) project, packaging and printing industry 4.0 The investment in projects such as the Smart Factory (Lu'an) project has increased significantly. At the end of the reporting period, Meiyingsen's construction in progress increased by 186 million yuan from the beginning of the period, with a growth rate of 77.99%.
According to the analysis, China is currently the second largest country in the global packaging industry, and the potential for market growth is huge. As the concentration of the industry is accelerating and concentrating, Meiyingsen is the leader of the domestic industry. Based on the advantages of technology research and development, lean manufacturing process, product quality, service model, high-end manufacturing platform and customer resources, it has also obtained in the field of smart packaging. First-mover advantage, the follow-up is expected to successfully develop more customers, gain greater market share, further enhance core competitiveness, support the rapid release of medium and long-term performance, and continue to grow.
Under the fluctuation of the original paper, the advantage of Mei Yingsen is highlighted
Since the beginning of this year, the domestic raw materials of the main raw materials of the paper packaging industry have experienced large fluctuations. Some small and medium-sized packaging and printing enterprises with weak competitiveness are facing greater operational pressure. The ability of packaging enterprises with competitive advantages to obtain high-quality orders is highlighted. The degree is accelerated.
Shen Wanhong, an analyst at Shenwan Hongyuan, believes that the packaging sector will short-term look at the profitability of the upstream raw material costs, and the long-term improvement in the competitive landscape will lead to an increase in voice. Meiyingsen has developed into a leading company in the industry. It has formed its own outstanding competitive advantages in service mode, R&D design, high-end manufacturing platform, operation management and product brand. In this round of profit turning point, not only can To achieve profitable growth, we can take this opportunity to plan the layout, seize more market space and enhance its position in the industry.
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