Founded in 1994, Oppein is a company that is subdivided into custom homes. At present, cabinets are the main products of Oppein's home. In the first half of 2018, cabinet revenue was 2.52 billion yuan, accounting for 52% of total revenue. Some analysts have widely predicted that Oppein Home will become the first company in the A-share industry to break the 100 billion mark, but its current market value has dropped from more than 60 billion yuan in May this year to 33.35 billion yuan, and now evaporate more than 30 billion yuan, and return to the market value when it was first listed in 2017.

According to the data of the third quarter report of 2018, Oppein's home business realized revenue of 8.187 billion yuan from January to September, an increase of 18.74%; net profit of 1.2 billion yuan, an increase of 27.07%, basic earnings per share of 2.85 yuan, achieving double growth in revenue. 

From January to September 2018, Oppein Home's revenue growth rate and net profit growth rate were 18.74% and 27.16%, respectively, slightly lower than peers.

In recent years, affected by the real estate regulation and the development of the industry into the bottleneck period, the entire home industry is in a dilemma of slowing growth. According to data from the China Furniture Industry Association and the National Bureau of Statistics, in 2017, China's furniture industry's above-scale enterprises completed a total of more than 900 billion yuan of main business income, an increase of 10.11% year-on-year; total profit was 56.515 billion yuan, an increase of 9.31%; It is more than 800 million pieces, a year-on-year increase of only 3.64%.

Under the influence of factors such as real estate regulation and the slower replacement of furniture, Oppein Home has been able to maintain a good double-income growth in revenue in the past two years.

(Source: JJgle.com)