Do老闵行水磨es income carry: ? bilks Kun to need battalion of? of ┯ Σ Hui receives small 56484 glide. Inside report period, company battalion closes to drop compared to the s闵行南美水疗在哪里ame period 5.9% , main reason is as follows: 1) the company manages efficiency to rise further, undertake to the channel below the line at 2017Q4上海虹口桑拿 conformity is optimized actively, cancel the countrywid上海佘山索菲特悦泉spae wholesale dealer of justi宝山按摩花头ce black market, whole transition is area sale, short-term although have negative effect, but can stop money of the change between area effectively, 闵行区spa会所be helpful for the market developing more benignly. 2) company produces plant of the contractor outside can be being relied on badly, 17 years outside bag amount occupies proportion of total sales volume to exceed 60% . Factory of the contractor outside part of Spring Festival around brings about partial product carry out to use up for goods inadequacy, to the company the sale produces certain impact. The adverse effect that we think afore-mentioned reasons are caused is not had but durative, anticipate follow-up battalion closes wi上海莘庄spall restor阿拉爱上海 419e stage by stage. Does profit carry: ? herd fastens Gu Lu to kill condition wake ability of g闵行南美水疗三楼价格ain of be a burden on of? cost of sales. Inside report period, sale gross profit is led 37.87% , compared to the same period 56484 glide 1.21pp, main department raw material rises in price. 2018 sports good year, the company begins sale of key layout advertisement from 17Q4, cost of sales of 18Q1 weak quarter is led 8.3% , rise compared to the same period 1.35pp. Overlay of 104354 multiple elements, company net profit is led 19.71% , glide compared to the same period 1.6pp. 82239 diversity + 68887 internationalization, compose advocates prospective profit point of growth. The product such as electrical outlet of humidifier, air purifier, cleaner, healthy level, extension line all has finished research a全国mm信息聚凤阁nd development and product approved sample, the design of research and development that electric toothbrush, beautiful Yanli contains 259947 electric equipment also is being advanced steadily in, of new class product roll out product line of will rich company, make the company’s new profit point of growth. In deep ploughing home market while, in recent years company emphasis extends an international market with own bran上海会所微信号1002上海会所微信号d, current, the company already grew abroad brand dealer in the area such as Korea, Vietnam, Thailand, India 6, prepare flying division brand actively to enter the project of market of the United States, Europe. Have the potential market of clear advantage t上海水磨会所全套体验hrough entering dynamoelectric razor, company or will open growth space further. Gain is forecasted suggest with investment. 38061 outstanding achievement of company suffer raw material to rise in price the impact is bigger, adjust 18/19/20 year EPS is 2.25/2.65/3.02 yuan. Referenced 1上海外滩桑拿联系电话0 thousand small home appliance board piece anticipate consistently, give 上海桑拿体验论坛 上海桑拿休闲会所推荐a company 30 times appraise was worth 2018, corresponding target price 67.5 yuan, maintain ” add hold ” grade. Risk clew: ? Detailed barks an a上海高端水磨会所预约ncient small-mouthed wine vessel buys?8887 internationalization to make progress to be not amounted to anticipate, raw material price or the risk that fluctuate considerably.