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伟源控股有限公司(1343.HK)

Weiyuan Holdings Limited (1343.HK)

致富證券 ·  Feb 25, 2020 00:00  · Researches

An overview of integration

Set up a group of contractors based in Singapore and provide civil engineering and public utilities to customers. According to the Ipsos report, it ranked third in the civil engineering public utility industry in Singapore in 2018.

The company was founded in 1991 and has developed from a contractor for electric power, electricity, installation and road repair works to a provider of civil engineering utilities. During the life cycle, the contract works for the installation of electricity, communication and sewers (through cut-and-cut or trenchless methods, etc.), (ii) road ploughing and reloading services, (iii) support and other services, and (iv) sales of goods and abrasive materials are involved.

Negative factor

The revenue of the collection is mainly from civil engineering and public utilities. In this regard, the employment of the collection is not routine, and the collection may not be able to win new projects in the future. In addition, during the operating period, the revenue of the collection generally comes from the projects carried out under the contract, which are set according to the individual project base at the time of the contract. As the collection has not been able to increase the cost of delivery to customers, if the collection method keeps the cost within the initial estimate during the actual contract process, the performance, performance and performance of the collection may be significantly adversely affected.

The translation is provided by third-party software.


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