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爱丽家居(603221):新股网下申购询价建议报告

Eli Home (603221): a report on the recommendation of offline purchase of new shares

東莞證券 ·  Mar 3, 2020 00:00  · Researches

The company is one of the leading PVC plastic floor production and export enterprises in China. The company's main business is the research and development, production and sales of PVC plastic flooring, the main products include suspended flooring, latch flooring and ordinary flooring. Since its establishment, the company has been adhering to the production concept of "green home", paying attention to quality management and environmental system management, and has passed ISO9001:2015 quality management system certification and ISO14001:2015 environmental management system certification. With strong technical research and development and new product design capabilities, stable product quality and large-scale production capacity, the company has accumulated stable customer and channel resources, and its business scope has covered North America, Europe, Southeast Asia, Australia and other regions.

From 2017 to 2019, the company's income was 1.055 billion yuan, 1.373 billion yuan and 1.146 billion yuan respectively, and the net profit was 115 million yuan, 175 million yuan and 142 million yuan respectively. The compound growth rate of operating income and net profit in the three years was 4.20% and 11.30% respectively.

In 2019, the company's comprehensive gross profit margin was 23.72%, and the net profit rate was 12.40%.

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