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JBB BUILDERS INTERNATIONAL LIMITED(01903.HK)

JBB BUILDERS INTERNATIONAL LIMITED(01903.HK)

長雄證券 ·  Apr 26, 2019 00:00  · Researches

Summary of duties

Jiyi is a long-established engineering contractor in Laixi. The service is divided into two main service types: 1) Marine construction service-its core service, which can be classified as: (a) reclamation and related works, including land reclamation and other marine civil engineering. Reclamation may involve soil survey, hydrological survey, pre-reclamation design, sand and gravel disposal ╱ landfill, foundation treatment, sand and gravel dump removal works and other related works. Offshore civil engineering generally includes the construction of dredges, cross-sea works, maintenance and dredging and river diversion; and (b) maritime transport, which involves the transport of sea sand, including sand and gravel approved for excavation, to sand carriers, transport and delivery of sea sand to designated sites, and the discharge of sea sand for land reclamation. 2) Building and infrastructure services-services include general building works for construction and infrastructure projects.

Thank you very much.

With deep industry background and knowledge, there is an excellent track record in undertaking large-scale offshore construction contracts.

To provide a comprehensive solution with a strong ability to carry out the work.

Established cooperative relationship with major customers

Negative factor

During the past visit period, there were five major customers who were dependent and concentrated.

The collection of goods and services is now related to the list of goods and goods markets in the West, which is affected by the impact of the period.

Future profitability will be close to obtaining new contract capacity and profit rate.

The purpose of the income

About 57.9% is used as a substitute for a modified sand ship.

About 7.3% is used to install new base machines.

About 23.4% is used as a guarantee requirement for the performance of the contract.

About 0.6% is used to upgrade the information technology and project management system

About 3.4% is used for additional employment and construction management of large buildings and infrastructure facilities.

About 7.4% is used for general financial assistance.

The translation is provided by third-party software.


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