After more than ten years of development, the company has gradually grown from the original video conference equipment agent seller to a multimedia video integrated solution service provider.
The company's multimedia video integrated solution business is divided into multimedia information system and production monitoring and emergency command system solutions, the core services for energy, government, financial industry large and medium-sized customers, and to develop business in transportation, education and other fields.
The company has established certain advantages in solution design and consultation, application innovation, and a large number of project case experience has improved the implementation service ability. the company has qualification certification such as first-class qualification of information system integration, audio and video engineering, second-class qualification of building intelligent engineering design and construction, and has served dozens of government customers and large central enterprises. It has established the relative competitive advantages in consulting design, technological innovation, implementation service, customer resources, qualification ability and so on.
From 2012 to June 2015, the net profit of shareholders belonging to the parent company increased by 16.42%, 0.80%,-21.33% and 20.56%, respectively. The decline in performance in 2014 was affected by the macroeconomic situation, the investment progress of some clients slowed down, and the bidding for new projects was delayed. The company's performance picked up significantly in the first half of 2015, with double-digit revenue and profit growth.
It is estimated that from 2015 to 2017, the net profit of shareholders belonging to the parent company will increase by 22.09%, 15.26% and 20.09% respectively, and the corresponding EPS will be 0.71 yuan, 0.82 yuan and 0.99 yuan respectively.
The company's stable management and backbone team, high-quality customer resources and rich accumulation of project cases are the cornerstone of the company's business development. the successful issuance of A-shares and listing helped the company to speed up its expansion. The obvious pick-up in the first half of the year boosted the basic good expectations and gave the investment rating of increasing holdings for the first time.
Risk tips: fluctuating market demand, fierce competition, the risk that performance growth is lower than expected, the risk of high valuation, and so on.
