The 5 questions raised by the experts on Daikin's official website may have gone unnoticed by many merchants, but it's not too late to pay attention now. With an increasing number of people purchasing air conditioners, major McQuay Central Air Conditioning gdzq-2xf manufacturers are bringing out their best products for market competition. As value is a primary aspect of competition, it should also be a key area for the industry to improve.
This article is excerpted from: A>
Zhai Jingyong: I am unclear about Moutai's specific plans. Judging from its current operations, Moutai is one of the more certain growth companies among A-share listed companies. The increase in profits is due to both volume and price contributions. Since prices fluctuate, I do not know the compound growth rate, but short-term growth is relatively certain. In 2011, there was a 65% increase, and in 2012, over 30%.
Question: Previously, I read a report saying that channel distributors take nearly 60% of Moutai's profits. How do you view this situation?
Zhai Jingyong: I am not aware of this. Clothing companies offer channels discounts of 30-50%, and bedding four-piece sets are similar. The supply chain requires everyone to make money; otherwise, who would maintain it or do the work? The key lies in whether the distribution is fair.
Question: How do you evaluate Moutai's management team?
Zhai Jingyong: A management team that can sell products so well that even with money in hand they cannot be purchased is quite remarkable. Currently, only Apple can rival Moutai. Moutai's management distributes 50% of annual profits as dividends, making this team truly great.
5. Besides Guizhou Moutai, I also see potential in Wuliangye.
Question: What is your view on the future prospects of Hanjiang? Some say that Hanjiang relies entirely on bundled sales with Moutai. What is your opinion?
Zhai Jingyong: I haven't tried Hanjiang, so I don't know. It is normal for a new product to be bundled with an established brand. Moutai's management has mentioned that series wines need to become less reliant on Moutai. As a supplement to the company's product line, this is acceptable. Sales predictions depend on data.
Question: Does Moutai purchase edible alcohol externally?
Zhai Jingyong: Please direct this question directly to Moutai's investor relations department. Based on my interactions and understanding of Moutai, I believe they have no such motivation or need. If your restaurant always has long queues, do you still need to make money from gutter oil?
Question: The inventory of Moutai wine has always been unknown. How does Mr. Zhai estimate it?
Zhai Jingyong: There is an inventory item on the company's financial statements. By roughly estimating Moutai's costs and dividing accordingly, one can derive an approximate inventory quantity.
Question: Besides Guizhou Moutai, which other individual liquor stocks do you see potential in? Why?
Zhai Jingyong: Wuliangye. Nationally recognized brands include these two. I also see potential in others, though I am not familiar with them.
Question: After adjustments, could Wuliangye catch up with Moutai? What is Mr. Zhai's view on Wuliangye?
Zhai Jingyong: Being second is fine for Wuliangye. Wuliangye's net profit growth in 2012 will not be lower than in 2011. Following this reasoning, there will be over 40% growth in 2012. What's wrong with such a company?
Source: Xueqiu) ***Test Version***
1. Our company sells mini-tillers and accessories, various agricultural machinery products! We also distribute engine oil, tires... ***Test Version***
Related thematic articles:
Xiahu Shijia 2012 Spring Fashion Men's Wool Scarf (2)
Qianzi Baodai Exclusive Authentic Goods Simple and Elegant French Style Full Calfskin Lacquer Leather Handbag Women's Bag 50915
Qianzi Baodai Authentic Women's Bags 2012 Winter Fashion Trendy Small Leather Cowhide Single Shoulder Bag