share_log

雷蛇(1337.HK)新股速递

Razer (1337.HK) IPO Express

致富證券 ·  Nov 7, 2017 00:00  · Researches

A summary of the collection

Set is one of the global brands of luxury life, providing hardware, hardware and services for customers. The revenue comes mainly from the hardware segment, which accounted for about 99.3% of the revenue by the end of 2016. The hardware segment develops and sells its own hardware, including high-end peripherals such as high-precision rodents, fully customized devices and sound devices, as well as electrical systems including hand-held computers. The collection also provides hardware platforms, including the hardware platform Razer Synapse Ray, RGB Optical Technology system Razer Chroma Magic Color and RazerCortex Ray. The zGold credit scoring service was launched in March 2017, which allows players to collect numbers, contents and props from various content suppliers. As of the end of 2016, revenue from the Americas, Asia-Pacific and Asia-Pacific regions accounted for 50.1%, 27.0% and 22.9%, respectively. Professional promotional products that focus on working with social media celebrities and assisting computer electors.

Industry summary

According to the Newzoo report, the total revenue of the global weekly equipment market increased from 1.695 billion US dollars in 2014 to 2.180 billion US dollars in 2016.

The annual growth rate is 13.4%. The expected market will continue to grow at a combined annual growth rate of 9.9%, from US $2.443 billion in 2017 to US $3.561 billion in 2021.

Cymbals

The sales and future growth of the collection depends on the value of the brand and special logo, and its brand needs to have a good reputation in the player community. However, due to its great attractiveness, collectors may lose close contact with the player community, or limit their ability to implement growth strategies, which will have a negative impact on business, business conditions, and experience.

Valuation

According to the IPO document, as of June 30, 2017, based on the 8.863 shares expected to be issued after the completion of the sale of the shares, the shares should account for US $547 million to US $689 million in consolidated tangible assets, equivalent to HK $0.4816 to HK $0.6064 per share. (at the rate of US $1.00 to HK $7.7997).

The purpose of the income is:

Based on the sale cost of HK $3.47 (the median of the range of sales), after deducting the estimated expenditure payable on the issue of shares, the net income is estimated at HK $3.507 billion.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment