The hottest JUNHE shares accurately grasp the deve

JUNHE Co., Ltd. accurately grasped the development opportunities and continued to cultivate the field of water pumps. With the increasingly serious climate problems caused by global warming, energy conservation and environmental protection has gradually become the consensus of all mankind, especially how to save water resources, which has become a difficult problem in front of people all over the world. Now, JUNHE shares (603617), which has been established for nearly 20 years, accurately grasp the development opportunities and continue to cultivate the field of water pumps. According to Lanfu

with the increasingly serious climate problems caused by global warming, energy conservation and environmental protection have gradually become the consensus of all mankind, especially how to save water resources, which has become a difficult problem in front of people all over the world. Now, JUNHE shares (603617), which has been established for nearly 20 years, accurately grasp the development opportunities and continue to cultivate the field of water pumps

according to Lanfu finance, JUNHE Co., Ltd. is a high-tech enterprise mainly engaged in household water pump products, and has been committed to becoming a leader in China's household water pump industry since its establishment. Moreover, the company is also one of the important exporters of domestic water pump products in China, and its products cover the main consumption areas of domestic water pumps in Europe, America, Oceania, etc. the company has established long-term and stable business cooperation relations with world-famous supermarket chains Cuifeng, Obi De, world-famous brand manufacturers kaichi, AGCO, Franklin and other types of customers

steady growth in revenue and net profit

JUNHE shares has benefited from long-term stable sales channels and industry advantages established in recent years. Since its listing, the company has maintained a record of year-on-year growth in revenue and net profit. In the five years from 2015 to 2019, the compound annual growth rate of revenue is 9.12%, the compound annual growth rate of net profit is 17.30%, and the compound annual growth rate of non net profit is 17.87%

taking JUNHE shares as an example, in 2019, the revenue increased by 5.56% year-on-year to 673million yuan, the net profit increased by 9.09% year-on-year to 75.0445 million yuan, and the deduction of non net profit increased by 16.65% year-on-year to 69.566 million yuan. JUNHE shares, which has been deeply engaged in its main business, just fits the concept of "fundamental support" constantly mentioned by regulators in recent years. In recent years, with the implementation of a series of reform measures for the secondary market by the regulators, the liquidation of A-share non-performing enterprises has been directly accelerated, making companies that are down-to-earth in industry more prominent in the market

for example, JUNHE shares, if you only look at the financial report data, there is no intuitive feeling about its performance. Through the following two commonly used data, you may have a more intuitive feeling about the company's excellent performance

the first common indicator is the net cash ratio, that is, the amount of cash inflow in the net profit, which is usually expressed by the ratio of net operating cash flow to net profit. According to statistics, after excluding the financial industry, the overall net profit of A-share is about 1.94 trillion yuan, and the net cash flow of operating activities is about 2.55 trillion yuan, so the net cash ratio of A-share listed companies is about 1.32, which is a normal value. The average net cash ratio of JUNHE shares in recent 8 years is 1.56, significantly higher than the market average

another common indicator is the cash to cash ratio, that is, how much cash can be recovered from the company's confirmed operating income if it is found to be loose. In most cases, the value-added tax is set at 17%, expressed by the ratio of cash inflow from operating activities to operating income. In most cases, a company holds this data at 0.8, which is considered reasonable. The average value of JUNHE shares in recent 8 years is 1.13

efficient operation promotes enterprise development

JUNHE Co., Ltd. can't achieve such excellent results without the company's sustained and stable R & D investment and funny R & D efficiency. As an industry-leading domestic water pump manufacturer, it has maintained an annual R & D investment of about 20million in recent three years

at present, the design style, appearance refinement and other aspects of the company's products need to meet the aesthetic concepts and requirements of the market. On this basis, JUNHE Co., Ltd. has continuously introduced high-end talents. At the same time, it has made efforts to improve the independent innovation ability in product research and development, design, testing and other aspects by absorbing doctoral research workstations, and focused on continuing to strengthen product performance and functionality

recently, the company is also building a national standards Research Institute, focusing on the core R & D concepts of product intelligence (Internet, WiFi), modularization (standard model), portability (wireless lithium battery), DIY (personal household consumption upgrading), and constantly innovating to develop household water pump products suitable for market sales

by the end of 2019, the company had a total of 170 domestic patents, including 19 invention patents; There are 63 overseas patents in total. Benefiting from the continuous implementation of the company's R & D achievements in recent years, the sales market of the products has become wider and wider, and the unique production and marketing mode of JUNHE Co., Ltd., the company's gross profit margin has been maintained at a high level

in addition, JUNHE Co., Ltd. does not stick to the old customs in terms of production and marketing methods. At present, it mainly adopts the "order based" production mode of production based on sales, that is, according to the contract orders signed with customers, combined with the company's curing capacity after a few 10 seconds of production, it formulates production plans and organizes production with product specifications, quantities, delivery dates and other factors. This can not only greatly improve production efficiency, but also better control operating costs. The return on net assets (ROE) of the company in recent years can also directly reflect this fact. The conflict between sustainable energy supply and demand is becoming more and more prominent and remains above 10%

at this stage, JUNHE shares are higher than the market average in terms of both operation and capital market operation. For the company's future development plan, JUNHE shares has publicly stated that it will continue to pay attention to the integration opportunities of the domestic pump industry and the upper and lower industrial chains, make full use of the functions of the capital market, and build the company into a global household water pump leading enterprise through horizontal mergers and acquisitions, integration and other means