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Matsui Shares: A well-known enterprise in the field of high-end consumer electronics in China is promoting cooperation with BYD and Chery

author:Finance

Recently, the Research Institute of Listed Companies in the Financial Sector released the list of "Top 100 (2021-Q1) quantitative evaluation of fundamental value of financial and small and medium-cap stocks". The list is a quantitative evaluation of data based on the comprehensive value evaluation of fundamentals and the correction of risk signals for A-share small and medium-sized listed companies. The background of this research is that the current domestic secondary market "institutional group" weighted stocks, this differentiation has caused a large number of small and medium-sized listed companies lack of liquidity. Under the general trend of value investment, abnormal markets will inevitably end. In the choice of the market, will the high-growth small and medium-sized market value listed companies with excellent fundamentals and sustained financial report data stability usher in medium- and long-term funds? Noteworthy.

Introduction of the listed companies: Matsui shares (688157. SH), a private enterprise, full name is Hunan Songjing New Materials Co., Ltd. Matsui New Materials is a new functional coating material manufacturer that aims at high-end consumer electronics and high-end consumer goods such as passenger cars in the 3C industry, and provides customers with multi-category systematic solutions such as coatings and special inks through the mode of "interactive" independent research and development and "customized flexible manufacturing". Its chairman is Ling Yunjian, born in October 1970, with a master's degree. From September 2006 to February 2009, he served as the general manager of Hunan Songjing Chemical Technology Co., Ltd., from March 2009 to December 2017, he served as the chairman and general manager of the legal representative of Matsui Co., Ltd., and since December 2017, he has served as the legal representative, chairman and general manager of the joint-stock company.

In the quantitative evaluation of A-share small and medium-sized listed companies with a quantitative market value modeled by dozens of objective fundamental indicators and market signals in six aspects: profitability, profit growth, capital scale, capital advantage, science and technology value, risk correction, as well as industry deviation coefficients and early warning signals, Matsui shares entered the top 100 comprehensive evaluations.

Capital Market Information: Located in Changsha, Hunan Province, Matsui Co., Ltd. was listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange on June 9, 2020. As of the close of trading on February 18, 2021, its market value has reached 7.586 billion yuan, ranking 83rd in the A-share chemical industry.

Operating data: In the third quarter of 2020, Matsui Achieved operating income of 317 million yuan and performance of 65 million yuan. In the same period, its revenue and performance increased by 1.60% and -0.80% year-on-year, the net profit margin on sales was 20.36%, and the gross profit margin on sales was 52.28%, ranking 29th and 9th in the chemical industry, respectively.

Matsui Shares: A well-known enterprise in the field of high-end consumer electronics in China is promoting cooperation with BYD and Chery

Drafting: Research Institute of Listed Companies in the Financial Industry Data Source: Juling Finance

Investment in science and technology: In the first three quarters of 2020, Matsui co., Ltd. spent 0.33 billion yuan on research and development expenses, accounting for 10.36% of the total operating income of the current period. In 2019, the R&D expenditure was 0.45 billion yuan, the R&D expenditure in 2018 was 0.31 billion yuan, and the R&D expenditure in 2017 was 0.21 billion yuan, accounting for 9.84%, 11.66% and 11.32% of the current revenue, respectively.

Latest developments: On February 9, 2021, Matsui said on the interactive platform that the company vigorously laid out the automotive coatings market and continued to develop the market. At present, the core customers who supply or enter the customer supply system include: Geely, GAC, SAIC-GM-Wuling, Valeo and other well-known vehicle and auto parts manufacturers at home and abroad. Recently, the company's cooperation with BYD, Chery and other brands is advancing, and it is expected to obtain its qualified supplier qualifications.

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