A summary of the collection
The provider of indoor planning solutions, according to Frost and Sullivan reports, is the largest high-end retail indoor design company in Hong Kong by revenue in 2015. Visitors are collected in Hong Kong, China, the United States, Asia, China and other countries and regions. In the 10 months to the end of April 2016, Asia was the region with the highest income.
The collection provides customers with four main types of customization and in-house planning services, including gold, glass and wood products and furniture supply, screen design and creation, indoor solution solutions, and design and project queries. In the 10 months to the end of April 2016, the income from supplies of metal, glass and wood products and furniture accounted for 66.3% of the total income, while the income from screen design and manufacturing accounted for 18.6% of the total income.
Industry summary
According to Frost and Sullivan, the size of the global high-end retail market has risen from US $3.1 billion in 2010 to US $5.1 billion in 2015, with a compound annual growth rate of 10.5%. This model is expected to increase from US $5.5 billion in 2016 to US $7.9 billion in 2020 at a combined annual growth rate of 9.5% On the other hand, the domestic regulation model of Hong Kong's high-end retail market has risen from HK $650 million in 2010 to HK $1.31 billion in 2015, with a compound annual growth rate of 15.0%. It is expected that the annual growth rate will increase from HK $1.41 billion in 2016 to HK $2.17 billion in 2020.
Cymbals
The service of the collection is based on items. The type of items carried out by the collection will change, resulting in the collection's revenue combination from time to time. In addition, the revenue and gross profit margin of each project may be affected by factors such as the terms of the report, the duration of the project, the efficiency of project implementation and customer expenditure.
Valuation
According to the IPO document, based on the more than 2400 shares expected to be issued after the completion of the sale of the shares, the company's expected net profit for the year ended June 30, 16 will be not less than HK $1130 million. equivalent to basic earnings per share of HK $0.0047, and the comprehensive thin forward price-to-earnings ratio of 21.3 to 32.9 times.