Earnings have been 10 times in 8 years, and the value of Dongfang Yuhong A stock market has exceeded 100 billion!

On January 6, Dongfang Yuhong's stock rose sharply, and the total market value exceeded 100 billion yuan, reaching 104.

From a market value of 10 billion to 100 billion, it took only 8 years

Oriental Yuhong went public in 2008, and it took 5 years (August 14, 2013) to exceed 10 billion in market value; in 3 years (October 20, 2016), the total market value exceeded 20 billion, reaching 20.

Revenue increased by 22 times, net profit increased by 29 times

Since its listing in 2008, Oriental Yuhong has achieved benign growth from operating income to net profit: revenue rose from 829 million yuan in 2008 to 18.

It is reported that Oriental Yuhong achieved both revenue and net profit growth in the first three quarters of 2020, and its performance continued to improve.

Full firepower, expansion of production capacity

The rapid growth of Oriental Yuhong can be said to be part of the fortune.

According to statistics from China and foreign coatings website, in 2020, Oriental Yuhong will invest nearly 18 billion in the whole year, which will be distributed in Wuhu, Anhui, Huadu, Guangzhou, Baoding, Hebei, Yangpu, Hainan, Qidong, Jiangsu, Jiangjin, Chongqing, Changde, Hunan, Changchun, Jilin, and Shenyang, Liaoning.

As a representative of the architectural decoration industry, Oriental Yuhong will continue to cultivate and make breakthroughs in this field in the future.