Financials Nov 20, 2020 07:21 PM (GMT+8) · EqualOcean
According to the research report released by Furui, it is optimistic that the gross profit rate and profit margin of rongchuang service company will increase by 1-2 percentage points per year from 2020 to 22; it is expected that the annual performance of rongchuang service company will more than double this year, it is expected to be listed in the Shanghai Hong Kong stock connect in March next year, and it is expected to announce potential large-scale mergers and acquisitions in the first quarter. The company was rated "buy" for the first time, with a target price of HK $17.92, which was listed as the industry's first choice. The bank pointed out that rongchuang service is of "golden spoon" origin. With the nationwide coverage of the company's business, focusing on high Rui customer base and strong scale growth, it is expected that the company's profit growth rate will surpass that of its peers.