China’s Skin Care Products Market Reached 840 Billion Yuan
Just in two days, the stock price has risen from the listed price of 105 yuan to a maximum of 149 yuan.
Seeing the vast market of Chinese skin care products, Luo Lifen established a beauty salon access maintenance brand in China. Successfully opening up the brand development, the legal person expects Luo Lifeen‘s revenue in 2018 this year is expected to reach 1.284 billion yuan, up 47% from last year, but the fourth quarter revenue is estimated to decline in the third quarter, and next year will continue to expand access, revenue and gain Lee will continue to grow.
China’s skin care products market reached 840 billion yuan, an annual growth of 10%. Luo Lifen integrates R&D, manufacturing and brand marketing upstream and downstream integration, and its operational performance is bright. At the same time, it also establishes the only national-level evaluation laboratory together with China National Chemical Industry Research Institute. Brand Development.
Luo Lifen‘s current spindle products are facial care products, accounting for about 90% of the revenue, and another 10% is the consulting service income. The three brands of Ge Linuo, Sheng Di Nier and Yu Ansi sell high-end, mid-level, medical beauty and so on. In different markets, more than 3,000 beauty salons have been sold in China in the first half of this year. It is expected to reach 3,500 by the end of the year. In 2019, it is expected to expand to 4,000. The average product penetration rate in each store is about 20%, which will help the operation. which performed.
According to the legal person, Luo Lifen’s annual revenue will reach 1.284 billion, an annual increase of 47%, a gross profit margin of 64.9%, a net profit after tax of 414 million yuan, an annual increase of 73%. The fourth quarter revenue is estimated to decline compared with the third quarter. And next year will continue to introduce new body skin care products, EPS has the opportunity to challenge more than 12 yuan.
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