Yingtang Zhikong was transformed by the company's business last year, eliminating the negative impact of past business operations. In 2013, the growth rate of the company dropped sharply. After entering 2014, although the company still suffered the pain caused by the transformation, the performance gradually improved. Profits rose from 250,000 at the beginning of the year to 13-18 million in the first three quarters. The factors for improving the performance include the following aspects: the company strengthened order management, deepened the implementation of product differentiation strategy, and the gross profit margin increased year-on-year; the emerging business such as the company's Internet of Things maintained rapid growth; the company divested the non-core business that dragged the company's performance growth, Earned investment income.
The company's smart home transformation has business advantages. For example, the company established Fengtang IOT in cooperation with Aeo Lab, which started smart home Internet of Things in the United States in 2011. The company has mastered many IoT cutting-edge technologies and intelligence. Home IoT products have been sold in Europe and America for nearly 4 years and have many foreign brand customers. The company's traditional business is home appliance controllers, which integrates the research and development of more than 4,000 types of electrical appliances controllers, and has established depth with downstream home appliance manufacturers. The partnership is beneficial to the development of smart home business between the company and home appliance manufacturers. Since the beginning of this year, the strategic transformation of smart home has been significantly accelerated. This cooperation with Tencent is expected to benefit the company in many ways: this time, through cooperation with Tencent, a company with extensive market influence and flow advantage, it will help the company to import traffic and expand the company. The market scope of the product is conducive to the company's use of Tencent's platform advantages to expand the use of product features in a wider range of scenarios, to establish the competitive advantage of the company's smart single products in the market; is conducive to the improvement of the company's smart home system.
Foshan Furniture Xiaobian understands that although the company's current short-term performance is difficult to support higher valuations, the stock price is at risk of falling back at any time, but considering the company's current accelerated smart home and power automation strategic transformation is conducive to improving the medium and long-term performance growth space, the company Future stock prices are still worthy of attention.
The article is from the Internet.
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