The profit margin is still stable

We mentioned in the previous in-depth “When to Reshape the Pattern and Wait for the Return of the King” that the needs of the changing industry continue to weaken, and leading companies have the intention to be able to participate in competition and obtain more improvements through modest price reductions.杭州妃子阁

At the same time, based on the abundant surplus grain reserves, performance certainty is still guaranteed.杭州品茶

In September, Amoy’s online Gree share surpassed Oaks. We believe that it has overlapping signal meanings, indicating that the leading barriers are still deep and that it has the initiative to master the layout.

Profitability: The profit margin is still stable, basically 10% profit growth worry-free company 19Q3 gross profit margin 29.

4% a year -1.

35pct, single season sales expense rate -0 per second.

At 34pct, the gross sales difference fell by 1pct in ten years, and other circulating debts fell slightly by 1.3 billion.

Combining financial expenses, investment income and fair value changes, the exchange rate has a small overall impact on single quarter profits.

Replacement of the new consolidated low-margin business, the gross profit margin is estimated to decrease slightly, mainly due to the heavy volume of the Q3 special offer form and the moderate price reduction of the main products.

Looking to the future, due to the breakdown of the profit margin base in 18Q4, a high probability of 14 will be achieved.

Net profit margin above 5% and profit growth around 10%.

The company’s operating net cash flow in the first three quarters was 32.7 billion yuan, a significant improvement over the same period last year of 15.1 billion yuan.

The main factor adjustment, we estimate that the company did not adjust the upstream price, but the account period was appropriately extended, and the response to the subject extension increased by 32.8 billion, reflecting the strong control of the industrial chain.

The fundamentals are stable, and the short-term focus is still on the reform and promotion of the company. This financial report is fully in line with the industrial prosperity and actual operating conditions. Although the performance is relatively flat, the shift in operating policies has released more positive signals, indicating that Gree is completelyAbility to control competitive dominance.

With the implementation of the equity transfer plan, the focus of the merger will return to mid- and long-term operations, bringing sustained and stable performance.

In addition to the financial report, at this stage, the company is gradually performing more or mixed reforms.

After the previous announcement, Zhuhai Mingjun began to reorganize the “Share Transfer Agreement” with Gree Group within 10 working days (after the approval of the SASAC, etc.), and disclosed details of cooperation with related parties.

Further binding of the interests of leaders and shareholders will strengthen Gree’s stable and high dividend expectation.
Gao’s entry expanded Gree retail gradually and opened up the imagination space for the second track, which brought the company a second take-off.

The profit forecast, assessment and rating are in line with the company’s performance, the business strategy behind the dull performance is positive, and the modest price reduction brings the share back up, which reflects the company’s deep barriers and the ability to deploy.

With a low base in Q4, it is expected that the expected profit will have a stable growth of more than 10%.
The company’s short-term outlook is still the continuous implementation of mixed reforms. As a scarce domestic high-ROE cash flow asset, the current price is significantly undervalued. We are optimistic about the estimated improvement after the mixed reform.


Because single men are more likely to drink alcohol

Although women have three times the suicide rate of men, men have a higher suicide success rate.

Data show that in 2009, 79% of those who died of suicide were men.

Wang Guorong, a senior supervisor of Suzhou Ringier Psychological Counseling Center, said that middle age is the pinnacle of men’s careers, and at the same time facing the pressure of “filial piety to parents and teaching children” and fear of aging, it is more prone to psychological problems.

He suggested that men should be liberated from “utilitarianism”, let life be more casual, learn more from children about simplicity and simplicity, and learn more from women about emotion and taste.杭州妃子阁

  Relies too much on electronic equipment to increase mortality.

A survey of 220,000 patients with chronic diseases found that men who have been in contact with computers, televisions and other electronic devices for more than 11 hours per day have a 40% increase in mortality.

It is recommended to leave the computer every 1 hour and move the TV for 5 minutes.

What’s more important is to get out of the house and stick to exercise. Should you sweat more during exercise and keep your heart rate at 140?
150 times / minute is the best.

  The prevalence of singles is higher.

Multiple surveys have shown that single men (including divorced and widowed) have higher mortality and prevalence rates than those who are married.杭州龙凤

Because single men are more likely to drink alcohol, their diet is less healthy, and they pay less attention to maintenance.

Therefore, men should marry as soon as possible after the age of 25, and run a good marriage with their wives.

Single men should remind themselves to work hard to maintain a healthy lifestyle.

  Smoking hurts the heart and the lungs.

After age 40, lung and heart damage caused by smoking are more severe.

Studies have found that men over 65 years of age are twice as likely to have a stroke as a result of smoking than under 65 years of age.

The sooner you quit smoking, the better. This can be done by diverting attention, reducing parties, throwing away smoking equipment, or consulting a professional.

  Women’s articles worry about multiplying family pressure.

Women after the age of 40 face the dual pressure of caring for adolescent children and elderly parents.

Wang Guorong said that statistics from the United Nations show that middle-aged women work two hours longer than middle-aged men.

5 times.

In the traditional sense, middle-aged women in China have to bear the pressure on their families, and their children, husbands, and parents have to worry about food, clothing, and transportation.

Wang Guorong is the highest. Husbands should always thank their wives for their dedication to the family and take the initiative to share the housework. List the family affairs and negotiate the division of labor.

  Some people eat too much fat, some people eat too little frail.

Middle-aged women are divided into two types, some are overweight due to eating too much, and some are malnourished due to weight loss and diet.

According to Ma Liping’s estimation, about one-third of people are blindly pursuing “thousands of dollars are difficult to buy and old and thin”, and they are mainly vegetarian, but this causes problems such as visceral sagging, anemia, and decreased resistance; another 1/3 of themBecause I can’t control my mouth, I can’t get my legs open, which leads to obesity.

Her experience is that all dinners are arranged at noon, and fried, greasy and other foods are only eaten at noon. At night, they eat a light diet and eat only eight full.

  Poor sleep and high blood pressure.

Studies in the United States show that women with insufficient sleep are twice as likely to have high blood pressure.

Shi Ming, chief physician of the Department of Internal Medicine of the Chinese Medicine Clinic of the Shanghai Museum of Traditional Chinese Medicine, said that women over the age of 40 are a high-risk group of insomnia, mostly due to menopause, marital emotions, family relationships, and diseases.
When you go to sleep, you must “sleep first, then sleep your eyes”, and then at 9 pm, you should keep your mood calm, and don’t watch the drama that is intense and sad.
Go to bed at 11 pm on time, to ensure a “golden seven hours” of sleep from 11 pm to 6 am.