Is Wrigley Home Worth Buying, Zhihu?

The company is mainly based on distribution mode, with relatively high distribution income and large accounts receivable. In addition, the market is relatively depressed. Although the pricing of new shares is not high, the subscription value is average and the valuation is not low. Do not rule out the risk of breaking on the first day of listing. I suggest you apply carefully in combination with your risk-taking ability.

I. Company introduction:

1. Company is a large modern manufacturing enterprise integrating R&D, production, sales and service. Its product categories include sanitary ceramics, faucet hardware, bathroom furniture, tiles, bathtubs and bathrooms, custom cabinets, wardrobes and other full range of home products, and it is committed to providing consumers with one-stop smart home solutions, with the goal of becoming a world-class smart home brand.

2. The company's specific products are mainly divided into seven categories: sanitary ceramics, faucet hardware, bathroom furniture, tiles, bathtubs and bathrooms, customized cabinets and wardrobes, and others.

Industry and competition:

1, from 1980s to early 1990s, Portuguese, Turkish, Mexican and Taiwan Province provinces occupied the main manufacturing markets of sanitary ware brands. However, after 1990s, the purchasing volume of parts and components of multinational sanitary ware enterprises in China maintained a steady and rapid growth.

2. With the technical progress of the bathroom industry, bathroom products are gradually developing in the direction of overall matching, energy saving and intelligence. With the globalization of industrial division of labor, sanitary ware production has also shown the characteristics of continuous improvement of production technology, emphasis on design and transfer of production to developing countries.