When there is overcapacity in the domestic consumer market, the enterprises that can go out are worth looking at.
After the economic bubble in Japan, many companies went global, such as Toyota, Honda, Panasonic, Mitsubishi, Uniqlo, Daikin, Suzuki, Yamaha, Muji, Sony, Canon, etc.
So at the moment, let's sort out which domestic companies are doing well in overseas sales:
Midea Group, Haier Smart Home, Hisense Electric, BeiGene, Roborock (more than 40% of overseas revenue).
Ecovacs, Nine Company, Taotao Automobile, Chunfeng Power, Anker Innovations (overseas revenue of more than 30%)
Lege shares, ingenuity furniture (overseas revenue of more than 95%)
Peneng Technology, Yuneng Technology, Huabao New Energy, Deye Shares, Penghui Energy, Sungrow, LONGi Shares (overseas revenue exceeds 40%, and the biggest risk in the new energy industry is overcapacity).
Eston, Joyson Electronics, Focuslight Technology (overseas revenue accounted for more than 20%)
CATL, EVE (overseas revenue accounts for more than 30%)
BYD, Great Wall Motor (overseas revenue accounted for more than 20%)
Enterprises that can go out to earn dollars are worth paying attention to in the current economic situation, and the gross profit of overseas sales is often higher than that of domestic sales.