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今创集团(603680)新股网下申购询价建议报告

Jinchuang Group (603680) Inquiry report on offline purchase of New shares

東莞證券 ·  Jan 31, 2018 00:00  · Researches

Jinchuang Group is a large-scale enterprise group focusing on R & D and production of rail transit vehicle equipment. The production and sales of the whole group exceeded 12 billion yuan in 2016. As a strategic partner of CRRC Corporation and international famous companies such as Bombardier, Alstom and Siemens, Jinchuang Group mainly produces high-speed EMU, urban rail transit vehicles and ordinary train interior equipment and electrical equipment series, more than 2000 kinds of products, related products are in line with international or European standards, quality and after-sales service are highly recognized by customers. The products are exported to Britain, France, Germany, Belgium, Spain, Italy, Japan, Singapore, Hong Kong, Taiwan, Southeast Asia and other countries and regions.

From 2014 to 2016, the company's income was 2.02 billion, 2.473 billion and 2.572 billion respectively, and the net profit was 518 million, 673 million and 644 million respectively. The compound growth rate of operating income and net profit in the three years was 12.8%. And 11.5%. In 2016, the company's comprehensive gross profit margin was 37.86%, and the net profit margin was 25.36%.

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