Is Huatai's new shares worth buying?

Worth buying. At present, how to judge the new income of Walter Thai can be started from two aspects: one is to analyze the profitability of Walter Thai; The second is to analyze the similar issue price and scale of Shenzhen main board enterprises listed recently.

During the reporting period, due to the supply-side reform of the domestic chemical industry, the strengthening of environmental supervision and the commissioning of new projects, the supply and demand of basic chemical products tightened. Although the company's operating income declined, the overall net profit showed an increasing trend. In 2020, affected by the COVID-19 epidemic and the macroeconomic environment, the company's income dropped sharply. However, the price of chemical products rose sharply in the second half of the year, which was higher than the price of raw materials, and the company's profit level increased significantly compared with 20 19.

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Huatai's competitive position in the industry

1, Huatai's industry position

The company actively expands the depth and breadth of products by using the technology and resources developed for many years to generate synthetic ammonia and downstream products, and forms a product system with complementary advantages and shared resources; Adhering to the business goal of becoming stronger, more refined and bigger, we will continuously improve product quality and price competitiveness and consolidate and expand market share by developing process improvement projects such as heat and gas recovery devices; Adhering to the people-oriented value concept, we have continuously increased the investment in environmental protection equipment R&D and equipment, improved the management standards of safety production, and integrated green development into the whole life cycle of chemical enterprises, which has been recognized and commended by relevant departments in provinces and cities, forming a unique competitiveness different from other chemical enterprises.

2. Walter's market competition strategy.

After 20 years of continuous development and operation, the company has always adhered to the concept of winning by scale, winning by variety, winning by quality, winning by cost and putting the market first, and mainly adopted the following competitive strategies in product and process research and development, product series, product quality, cost control and market development:

By implementing the overall competitive strategy of "basic chemical industry and fine chemical industry go hand in hand", we will continue to increase R&D and investment, and continue to enrich the company's product range.

By continuing to dig deep into basic chemical products, we will improve the scale and cost control ability and ensure the company's leading edge in the scale and cost of basic chemical products.

At the same time, relying on basic chemical products, we will continue to extend the product chain, expand the series of fine chemical products, adopt differentiated competition strategies, and constantly cultivate new profit growth points; At the same time, through research and development and process improvement, the redevelopment and utilization of by-products and joint products will be strengthened to enhance the overall comprehensive benefits.