Stocks are simple. All you do is buy shares in a great business for less than the business is intrinsically worth, with management of the highest integrity and ability. Then you own those shares forever. I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.

July 05, 2008

336 华宝-中国香精市场的垄断者, 可口可乐型企业?

revenue 14.19y <---10.13y (+40%)
profit: 8.6 <--- 5.6 (+52%)
profit margin: 60%
ROE: 44%
quick ratio: 3.6
eps: 0.28 PE at 6.8= 24

烟用香精的销售收入达到了港币1,239,883,000元,较去年同期增长了37.7%. 中国十大卷烟企业已经全部成为本集团的最终客户。中国八大最驰名的卷烟品牌已经全部选择了本集团作为烟用香精的核心供应商

食品香精的销售收入达到了港币171,101,000元,收入同比增长了69.5%.直销占销售比重从去年的约20%上升到今年的约25%。本集团致力於与一批在中国市场上知名的国内外的优质最终客户建立长期合作关系,包括:法国达能、太太乐食品、雨润、维维、光明、康师傅、蒙牛、伊利、屈臣氏、杨协成.

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