The Massage Appliance Industry Has A Huge Market Capacity, The Concept Of Health Is On The Rise

February 23, 2021

According to a report by the Voice of Economics "Trade Status", Mengfali is currently the country's largest manufacturer and service provider of massage equipment. Mainly dedicated to the research and development, production and sales of massage appliance products. The massage appliance industry to which the company belongs is an emerging industry with huge potential international and domestic markets.

In the first three quarters of last year, the company achieved main operating income of 2.064 billion yuan, a year-on-year increase of 26.98%. Net profit increased by 48.76% during the same period. Since December last year, the company's stock has seen a wave of shocks and is currently consolidating. The company expects a net profit of 140 million to 170 million in 2014, a year-on-year increase of 34% to 63%. The company expects that its 2014 annual report will be disclosed on April 25. What is the value of Mengfali's investment in the future? Chen Ling, the representative of minority shareholders, investigated the situation as follows.

Chen Ling: Mengfali, a listed company, is a leading domestic massage appliance company. Like the Aojiahua brand acquired last year, the domestic growth is still relatively fast. The company cooperated with Zhong Nanshan and the team to establish Guangzhou Hu Dr. Air Purification Company. Will serve and promote the Internet O2O model. At present, as a whole, the capacity utilization rate is not very large, and there is potential for improvement. Now the company has a lot of cash on its books. The company said it will carry out extensional mergers and acquisitions, one is for overseas channels, and the other is for domestic input platforms. At present, the company is transforming from a manufacturing enterprise to a health service enterprise, and there will be a relatively large transformation from the company's management structure to the talents. Through the health service enterprise, if the transformation turns well, customer stickiness will be a key. Therefore, for Mengfali, a listed company, the corporate focus index will be two stars, and the stock price focus index will be positive one.

Aijian Securities Investment Consultant Yuan Jun commented on Mengfali.

Yuan Jun: To be honest, massage equipment is a steadily growing industry. With the improvement of people's living standards, there will be various demands for this. You can go to the mall to see it, and now all kinds of them are recommended in endlessly. I personally think that it can be seen in the future. From the company's point of view, it is also at a relatively low level. After the sudden increase of two volumes, it may still have the motivation to continue to rise. Today, companies like Yasson By-Health are also on the rise. It is possible that the concept of health will rise again. Why? There must be a hot spot in the market. It is OK for you to give something to you during the Chinese New Year, or give you a health insurance massage, or you can buy one yourself. That's how the hype looks.

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