The only product will continue to be profitable for seven consecutive quarters

Absrtact: A few days ago, only the goods will release the second quarter of 2014, the data show that only the goods will have been continuously profitable for seven consecutive quarters. Total net revenue rose 136.1% to 829.4 million dollars in the two quarter of this year; Net profit attributable to the company's shareholders rose to 26.4 million U.S. dollars, up 1

A few days ago, only the goods will be released in the 2014 Quarterly bulletin, the data show that only the goods will have been continuously profitable for seven consecutive quarters. Total net revenue in the two quarter grew 136.1% to 829.4 million dollars year-on-year, while net profits to shareholders fell to 26.4 million U.S. dollars, up 192.1% per cent year-on-year, while gross margins grew to 23.5% from 24.8% in the same period last year, and net profit rose to 2.6% from 3.2% last year.

On the other side, the data show that it continues to consolidate its absolute leadership in the field of selling electricity and women's consumption. In addition, the only product would also estimate that the total net revenue in the third quarter of 2014 was $850 million to $860 million, up 122% to 124% from the same period last year.

Only product will share price more than Baidu

The only product will be listed in March 2012 at the beginning, once fell below the 6.5 U.S. dollar price. As of August 19, only the goods will be closed at 221.42 U.S. dollars, Baidu's share price closed at 219.24 U.S. dollars, thus, only the goods will become listed in the United States shares of the first high prices.

Even so, many investment banks still look high on the stock price of the goods, giving a buying rating. Citi's target price is $248.9 trillion, and Deutsche Bank's target price is $243, and Patrick has raised its target price from $224 to $260. In response, Patrick's explanation is: "The enhanced target price is based on the 2015 fiscal year revenue forecast and 2.5 times times the market sales rate, but also reflects the impact of our 2015 fiscal year only to increase the revenue growth forecast by 18%." ”