Since January 29, the Shanghai Composite Index has appeared for five consecutive trading days, and among the 5,355 listed companies in the A-share market in the same period, 5,197 have appeared, accounting for 97%.
When the market has fallen recently, the translator found that there is a listed company that has only one day in the past 9 trading days to close out of the negative line, and the rest are **, which also shows that its resistance to decline is very strong, and this listed company is the boss electrical appliances.
The range hood produced by Robam Appliances has been ranked first in the global range hood market share of its own brand for three consecutive years, and it has also obtained two strategic shares of social security, and the social security **413 portfolio has also increased its position in the third quarter of last year, with an increase ratio of 331%。
At present, the company's ** has retraced a significant 56% and has recently shown signs of increasing volume.
Let's analyze the financial report of Robam Appliances in the third quarter of 2023, and judge why this company's ** is so resistant to decline, and whether Robam Appliances can appear in the future**.
First of all, the financial report translator found that the company's net profit in 2023 has increased for three consecutive quarters, and reached 137.3 billion yuan, an increase of 11% year-on-year.
The net profit of Robam Appliances ranks 8th among the 87 listed companies in the A-share household appliances sector. This is a very high ranking, which indicates that its scale is relatively large.
Because in 2022, the net profit of Robam Appliances is only 157.2 billion yuan, and in 2023, the company's net profit will increase for three consecutive quarters, so the translator guesses that there is a high probability that the net profit of Robam Appliances will increase last year.
In addition, the translator also found that the company's management pays special attention to R&D and talents, which may be the main reason for the continuous growth of Robam Electric's net profit.
Since 2018, this company's R&D expenses have increased for 5 consecutive years, and in 2022, it increased by 3R&D expenses of 9.2 billion yuan hit a record high.
In the third quarter of 2023, the R&D expenses of Robam Appliances will reach 27.9 billion yuan, an increase of 6% year-on-year. Through this data, we can find that the management attaches great importance to R&D, and R&D is also a strong support for the future net profit growth of home appliance enterprises.
In addition, the translator also found that since 2012, the annual compensation paid by Robam Appliances for employees and executives has increased for 11 consecutive years, and in 2022, it has increased by 10The salary of 1.5 billion yuan hit a record high.
This shows that the management not only attaches importance to talents, but also recruits and expands outward every year, and the company is still in a period of rapid development.
The above data is not only the main reason for the growth of the net profit of Robam Appliances, but also its growth, and it is the core competitiveness of this company.
Because in the third quarter of 2023, Robam Appliances is operating very well and its net profit has also increased, so the management has also chosen to expand production capacity.
At present, the company has a Maoshan intelligent manufacturing base project and a boss building project under construction, and the total estimated investment of these two projects is as high as 1.7 billion yuan.
After comparing with the company's existing production capacity, the translator found that if both projects can be completed, the ability of Robam Appliances to produce home appliances will be more than doubled, and the expansion of production capacity is also the guarantee of the company's future net profit growth.
Through further analysis, the translator found that the average progress of these two projects under construction has reached 50%, which means that as long as the follow-up management invests another 800 million yuan, these projects can be completed.
During the reporting period, the total amount of cash that can be taken out by Robam Appliances in the short term, that is, monetary funds, is as high as 504.2 billion yuan, trading financial assets, that is, financial management purchased with idle funds is 291.2 billion yuan.
This means that at least 8.5 billion RMB is at the disposal of the company's account, so there is no financial pressure on the management of these two projects.
Through the above analysis, we understand that in the third quarter of 2023, because the net profit of Robam Appliances has increased for three consecutive quarters, which shows that its operating situation in the reporting period is very healthy, so the growth of the company's net profit last year will be a high probability event.
In 2023, Robam Electric will build two new production projects, and these projects may be completed this year, if these projects under construction can reach production, it will more than double the ability of Robam Electric to produce household appliances, and at this time, the industry outlet of household appliances can play a role again, then the growth of this company's net profit this year will even hit a record high will also be a high probability event.
If the fundamentals of listed companies are divided into five grades from high to low: A, B, C, D, and E, the translator personally believes that Robam Appliances can maintain the level of B level.
Please note: companies with good fundamentals are not necessarily the same. But those that can continue to rise sharply, the company's fundamentals must be very good.
And this article neither recommends the boss appliance **, nor does it say how good the boss appliance company is, but condenses and translates the company's financial report.