Boxin Co., Ltd. (600083.SH) issued a clarification notice. The company recently responded to investors' suggestions on the e-Interactive Q&A platform...
Zhitong Finance App News, Boxin Co., Ltd. (600083.SH) issued a clarification notice. In response to investors' questions on the e-interactive Q&A platform, the company mentioned that “the company's business in the field of smart hardware and derivatives is mainly sales of its own products and agent sales of smart terminals and hardware products from other brands. By the end of 2023, the company had agents to sell Huawei phones, tablets and other products.” In order to avoid misleading investors, the company clarified the above matters and made the following risk reminders:
The company's smart hardware and derivatives business is mainly sales of its own products and agent sales of smart terminals and hardware products from other brands. All of the products sold by the company are OEM, and the company has no production capacity.
The company did not sell its own brand products in 2023. The company did not cooperate with Huawei in any form. It only sold some Huawei products. Agent sales revenue only accounted for about 0.6% of total revenue, accounting for a very low proportion.
As of the disclosure date of this announcement, there have been no significant changes in the company's main business, production and operation conditions and business environment compared to the information disclosed earlier. According to the 2023 annual results forecast disclosed by the company on January 31, 2024, the net profit attributable to the owner of the parent company is expected to be -73 million yuan to -45 million yuan in 2023. Compared with the same period last year, there will be a loss. The net profit attributable to the owner of the parent company is expected to be -123 million yuan to -95 million yuan after deducting non-recurring profit and loss in 2023.
According to data published on the official website of China Securities Index Co., Ltd., as of March 20, 2024, the company's rolling price-earnings ratio was loss, and the net price-earnings ratio was 30.95. The latest rolling price-earnings ratio for the “wholesale business” industry in which the company is located was 19.61, and the net price-earnings ratio was 1.58. The company's rolling price-earnings ratio is a loss, and there is a risk that the valuation will be high. Investors are kindly requested to pay attention to risks, make rational decisions, and invest prudently.