Monopoly is the ultimate performance of the moat, a company monopolies, which means that no company can compete with it, do you say that the moat is not deep? Therefore, investing in monopoly enterprises is an extreme performance of value investment, with monopoly characteristics, higher general profit margins, better certainty of prospects, and less risk, today I combed through the entire A-share company, and found that only 20 companies in the entire A-share market have monopoly characteristics, and I will share it with you today.
The first: China Merchants Highway
China Merchants Highway is a leading platform for highway operation, and up to now, the total mileage of the company's investment and operation has reached 13,060 kilometers, covering 22 provinces, autonomous regions and municipalities directly under the central government, ranking first in the operating highway industry. After the advantageous routes in the highway are occupied, they have monopoly characteristics, and the advantages of China Merchants Highway are more obvious when the advantageous passenger flow is high.
The gross profit margin and net profit margin of China Merchants Highway are relatively high, and the company continues to pay high dividends, and the income from holding shares is very fragrant!
The second home: Tong Ren Tang
Tong Ren Tang is a state-owned enterprise, and it is a time-honored brand, with a brand monopoly, although Angong Niuhuang Pill is not a monopoly product, but it is superimposed on Tong Ren Tang's loud brand, close to monopoly, and the operation of this large single product is very successful.
Tongrentang's gross profit margin is as high as 48%, net profit margin is as high as 13%, and ROE is as high as 12%, and the overall profitability is still relatively strong;
The third: Hang Seng Electronics
Hang Seng Electronics is the leading asset management IT leader, because of the network effect, the company's market share is more than 50%. It is the only monopoly financial IT in China that covers all fields.
Hang Seng Electronics' gross profit margin is as high as 70%, net profit margin is as high as 30%, ROE is as high as 25%, and the profitability is super strong;
The fourth: Dong'e Ejiao
With Ejiao as the cornerstone, Dong'e Ejiao deeply cultivates the three core products of Ejiao block, Ejiao paste and Ejiao cake, and promotes the development of new products such as Ejiao powder, Guilu Erxian oral liquid, and Hailong Jiao oral liquid.
The company's gross profit margin has recovered to 70%, net profit margin has recovered to more than 20%, and ROE is expected to recover to more than 15% soon.
Fifth: Angel yeast
Angel Yeast is a leading enterprise in the domestic yeast industry, with a market share of more than 55% in the domestic market and more than 16% in the international market.
Under normal circumstances, Angel Yeast's gross profit margin is more than 30%, net profit margin is more than 12%, and ROE is more than 20%;
Sixth: Songcheng Performing Arts
Songcheng Performing Arts is a unique A-share ticket, the company has been deeply involved in the performing arts industry for more than 20 years, has rich operating experience, the company's original "theme park + indoor performing arts" business model, more conducive to expansion, this business model does not have the same opponents, is currently a monopoly.
The company's gross profit margin is about 65%, the net profit margin is more than 35%, and the ROE is about 15%, and the profitability is very strong.
Seventh: OCT
OCT's cultural tourism business adopts the coordinated development model of "tourism +" as the carrier. The business is a sustainable project that sits on the ground to collect money, and has the characteristics of regional consumption flow monopoly.
Under normal circumstances, OCT's gross profit margin is above 50%, net profit margin is above 20%, and ROE is around 17%; Profitability is really strong.