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金时科技(002951)新股网下申购询价建议报告

Jinshi Technology (002951) IPO Offline Subscription Inquiry Proposal Report

東莞證券 ·  Feb 26, 2019 00:00  · Researches

Sichuan Jinshi Printing Co., Ltd. is a Sino-foreign joint venture, founded in 2008. The company is located in Longquanyi Economic and Technological Development Zone, Chengdu. The company has a modern production plant of 65,000 square meters. Currently, the company has many supporting packaging and printing production lines for Sichuan and Chongqing Tobacco, and has a complete set of production equipment such as advanced offset printing, screen printing, gravure, stamping, transfer, laminating, etc. It is an enterprise with strong production capacity advantages in the industry. It specializes in printing packaging products, manufacturing paper processing and the production of various types of composite transfer and other OPP film aluminum cigarette packaging materials for customers. outside Packaging and decoration design, supporting services for various printing and related processes. The company is a high-tech enterprise integrating scientific research, design, production, sales and service.

In 2016-2018, the company's revenue was 814 million yuan, 545 million yuan and 653 million yuan respectively, and net profit was 278 million yuan, 181 million yuan and 195 million yuan respectively. The compound growth rates of operating income and net profit over the three years were -10.40% and -16.09% respectively. In 2018, the company's comprehensive gross profit margin was 40.92%, and the net profit margin was 29.92%.

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