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信越控股有限公司(6038.HK)新股申购

Shin-Etsu Holdings Limited (6038.HK) IPO

長雄證券 ·  May 26, 2017 00:00  · Researches

  Business Overview Financial Summary Shin-Etsu Holdings is a subcontractor specializing in providing platform façade and curtain wall projects in Hong Kong, with an operating history of more than 20 years. The services provided by the group mainly include one-stop design and construction solutions for platform facades and curtain wall projects, followed by maintenance and maintenance services. During the historical record period, the group generally undertook design and construction projects as subcontractors, and all revenue came from Hong Kong. Other customer categories of the group generally included general contractors, property development companies, public enterprises and commercial enterprises. Organization, as at 31 December 2016 As of now, the Group's revenue mainly comes from design and construction projects, while the rest comes from repair and maintenance projects. Competitive advantage groups have a reputation in the Hong Kong platform façade and façade engineering industry. The group has an excellent track record and maintains long-term business relationships with several major customers. The group has stable business relationship risk factors. The revenue from the group's five major customers accounts for a large part of the total revenue. Failure to maintain a business relationship with them or acquire new business may affect the group's business and financial representation Changes in the supply and cost of building materials may adversely affect the operation and profitability of the group. 2.1% is used to expand the group's production capacity to Undertake additional design and construction projects about 21.3% to further expand the group's manpower and enhance staff skills. Approximately 6.7% is used to purchase additional equipment and equipment, and further enhance the group's operating efficiency and technical production capacity, and about 9.9% is used for general operating funds

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