Led Linear Light,Led Linear Strip,Led Linear Pendant Light,Recessed Linear Light JIANGMEN MICHEN LIGHTING CO.,LTD , https://www.jmmission.com
The company's production capacity last year was 420 million carats, the investment project increased by 300 million carats, and the super-raised funds will increase by more than 300 million carats. This year's production capacity will reach 700 million carats (2.7 carats in the first half and 3.5-4.5 carats in the second half). At least 1 billion carats next year, the company hopes to reach 1.4 billion carats in the next year. We initially estimate that this year's output will be 640 million carats, next year 1 billion carats, and 12 years will be 1.4 billion carats. The EPS for 10-12 years is 0.64, 1.0, 1.5 yuan, and the compound annual growth rate will exceed 50%.
â—† Strong demand, the current zero inventory of the diamond industry The company has always been zero inventory, this is not a company situation, the industry situation is so, the Yellow River is currently in short supply. On the one hand, diamond exports grew by 37% in the past few years. On the one hand, with the sharp decline in diamond prices in recent years, the application of diamonds has broadened a lot, and the downstream is gradually replacing cemented carbide.
◆ The downstream development of the company is “harmony and different†with other companies.
The downstream demand market for diamonds is very large. With the rise of new energy sources such as photovoltaics, the market for diamond tools is becoming wider and wider and more selective.
â—† The first three quarters net profit increased by 50-60%