Gester Instruments | Professional Textile, Footwear and PPE Testing Equipments Manufacturers Since 1997
CTI's adjusted performance is lower than expected, looking forward to long-term growth
The performance of active expansion has increased, the business integration of subsidiaries and the disposal of long-term equity investments have resulted in lower-than-expected performance. The company announced that the net profit attributable to shareholders of listed companies is expected to increase by 20% over the same period of the previous year–50%, the company made a profit of 121.8454 million yuan–152,306,800 yuan. Although the main business maintained a good growth trend and the operating income increased rapidly compared with the same period of the previous year, the company's gross profit margin declined, affecting the performance. At the same time, due to the need for long-term development, the company has carried out comprehensive business and financial integration of Hangzhou Huaan Nondestructive Testing Technology Co., Ltd., and it is expected that the operating performance in 2017 will decline compared with the same period of the previous year. In addition, during the reporting period, the Company received approximately RMB 11.73 million in capital-guaranteed and floating-income wealth management income, approximately RMB 9 million in losses from disposal of long-term equity investments, and received a number of government subsidies. The non-recurring gains and losses for the same period last year amounted to RMB 21.7232 million. , It is estimated that the impact of non-recurring gains and losses on the company's net profit is 38.6 million yuan. The employee stock ownership plan has been completed, showing confidence, the stock price has been inverted, and the margin of safety is sufficient. The company's shareholders meeting in June 2017 passed the first phase of the employee stock ownership plan, with a total number of no more than 54 participants (including some directors, senior managers and company backbones), a total capital of no more than 54 million yuan, and a lock-up period of 12 months . As of August 30, 2017, the functional company purchased a total of 10.27 million shares of the company through the asset management plan in the secondary market, accounting for 0.61% of the company's total share capital, the transaction amount was 49.5 million yuan, and the average transaction price was RMB 4.8199 Yuan/share, the current stock price is upside down, and the margin of safety is sufficient. With the gradual liberalization of domestic third-party testing, and multiple policies to promote market-oriented reforms, third-party testing companies have ushered in opportunities. The domestic testing industry is in a stage of rapid growth, and the market size in 2015 has reached 250 billion. In the field of non-compulsory licensing business, third-party testing has been gradually released, and in 2015, the market exceeded 100 billion yuan. At present, the competition in the testing market is fierce, with state-owned enterprises occupying the main body and private enterprises having a small market share. The national market-oriented policy has been gradually implemented, and the testing industry has been regarded by the State Council as one of the eight high-tech service fields for national development. Large-scale structural adjustment will be ushered in in the future, and market-oriented reform will bring opportunities for third-party enterprises. Investment rating and valuation: According to the performance forecast, we lowered the company's 2017-19 net profit forecast by 1.4, 1.9, 243 million, (original 2.38, 3.35, 454 million), corresponding to 17, 18 years PE is 52 times and 38 times. We believe that the company will benefit from the market-oriented reform of the testing industry and seize the first-mover advantage by virtue of its leading private position in the testing industry and its excellent reputation accumulated over the years. Multinational comprehensive testing service provider. The company has obvious competitive advantages, clear strategic thinking, further third-party inspection orders in the future, high flexibility in performance growth and market value growth, maintaining“Accumulate”rating.
In the office, various are considered essential since they are used to achieve particular tasks in the office. Among these , textile testing equipment, tensile tester manufacturers, and tensile tester manufacturers are widely used.
At GESTER International Co.,Limited, we make sure everything we do honors that connection – from our commitment to the highest quality in the world, to the way we serve our customers and communities to do business responsibly. We are looking forward to becoming trusted supplier of every customer, inquire us at GESTER Instruments!
GESTER International Co.,Limited's core technology of textile testing equipment enables us to understand and utilize in a right way.
This is crucial when you need to maintain innovative information in textile testing equipment.
To deal with commercial threats, GESTER International Co.,Limited konws that the notion of proactively seeking out potential or looming external threats against a company is gaining traction.
1. ISO 5402-1: Specifies the flexometer method for testing leather flex resistance under repeated bending.
2. ISO 17694: Defines test methods for footwear upper and lining flex resistance, simulating real-world bending stress to assess long-term durability.
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The Heat Contact Machine GT-C101 is a specialized testing instrument designed for evaluating the heat resistance and thermal protective performance of gloves, protective clothing, and other heat-resistant materials used in high-temperature environments. In industries such as smelting, casting, welding, and glass manufacturing, workers are frequently exposed to intense heat, making accurate testing of contact heat resistance essential for ensuring safety and compliance.
GT-C101 simulates real working conditions by measuring heat transfer delay and thermal transmission under instant contact with high-temperature surfaces. Fully compliant with EN 407, EN 702, and ISO 12127-1 standards, this machine provides precise, repeatable data for manufacturers, laboratories, and research institutions. With high-temperature capability up to 500°C, advanced calorimetry, digital monitoring, and adjustable contact speed, the Heat Contact Machine GT-C101 is an indispensable tool for developing and certifying next-generation PPE and heat-insulation materials.
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