Previously, Zong Ge published an article "Nine Companies Investigated by Gao Yan Capital", combing the A-share companies surveyed by Gao Yan Capital in the past two months.
Compared with the investment and consumption, medicine, TMT (telecommunications, media and technology), corporate services, high-end manufacturing and other fields that Gaoyou Capital is good at, Sequoia Capital with similar achievements also focuses on investing in the track.
Sequoia focuses on exploring growth companies with characteristic technologies and innovative business models, high growth and high return potential, and the most investment directions are enterprise services, e-commerce, medical health and finance.
At present, the investment of Sequoia Capital has covered the primary and secondary markets. According to incomplete statistics, during the period of1-February this year, Sequoia investigated 8 companies in the A-share market, including Yiduoli, Daotong Technology, Meiyabake, Wanda Information, Dahua, Zhongke Xingtu, ArcSoft Technology and Fuhanwei.
Of these 8 companies, 5 belong to the computer application/information service industry, 2 belong to the electronic sector, and 1 is a pharmaceutical company.
1, Yiduoli
Yiduoli is the first feed enzyme preparation manufacturer in China and the largest feed enzyme preparation manufacturer in China.
By the end of 20 19, the company's product structure was composed of steroid hormone raw materials, biological enzyme preparation products, other products and functional feed additives, with revenues of 65.438+0.207 billion, 56.5438+0 billion, 65.438+0.59 billion and 65.438+0./kloc-0.50 billion respectively. Among them, the domestic market accounts for 66.45%, and the foreign market accounts for 33.55%.
According to the performance report in 2020, the company achieved a total revenue of 65.438+92.7 million yuan, down 5.90% year-on-year; The net profit was 654.38+66 billion yuan, a year-on-year increase of 30.565.438+0%.
During the reporting period, due to the policy of prohibiting the addition of growth-promoting antibiotics in commercial feed from July 1 2020, the company's performance in replacing antibiotic feed additives has achieved substantial growth; The company's agriculture and animal husbandry sector increased marketing efforts to promote the sale of new products, and the cost of old products decreased and profits increased; The interest on corporate financing loans is reduced, and the financial expenses are greatly reduced.
2. Daotong Technology
Daotong Technology's main business is the research and development, production, sales and service of automotive intelligent diagnosis, detection and analysis systems and automotive electronic components. The financial report shows that the company achieved revenue of 65.438+58.4 million yuan, a year-on-year increase of 32.43%; The net profit was 433 million yuan, a year-on-year increase of 32.44%.
The main reason for the substantial increase in the company's performance is that the company has maintained a high R&D investment in the direction of intelligence and digitalization, the comprehensive automotive diagnostic products and TPMS series products have grown steadily, and the software upgrade cloud service and ADAS intelligent detection and calibration tools have achieved rapid growth.
3. Meiyabak
Meiya Encyclopedia is a leading provider of electronic data forensics and network information security products in China. Its products include electronic data forensics products, intelligent law enforcement convenience devices, cyberspace security products and big data intelligent platforms, certificate of deposit cloud+,search cloud+,data services and information security service.
In 2020, the company achieved a total revenue of 2.386 billion yuan, a year-on-year increase of 65,438+05.42%; The net profit was 376 million yuan, a year-on-year increase of 29.7 1%.
4. Wanda Information
On October 29th, 65438/kloc-0, the company issued a performance forecast. It is estimated that in 2020, the total revenue will reach 2.8 billion yuan to 3.2 billion yuan, up by 3 1.80% to 50.62% year-on-year, and the net profit attributable to the mother will reach-1/000 million yuan to-1300 million yuan, which is a loss compared with the same period of last year.
Regarding the reasons for the change in performance, Wanda Information said that due to the complicated and changeable epidemic situation, the construction period of the company's projects under construction was seriously extended. Although many high-quality and efficient new contracts have been signed, these contracts cannot generate income during the reporting period because they have not yet reached the completion acceptance stage. Due to the critical period of strategic transformation, the company continued to increase investment in research and development.
5. Dahua shares
Dahua's main business is the research and development, production and sales of security video surveillance products. According to the performance in the first three quarters of 2020, the revenue is about16166 million yuan, a year-on-year decrease of10.60%; The net profit of returning to the mother was about 2.825 billion yuan, a year-on-year increase of 50.48%.
Previously, Zong Ge sent an in-depth analysis of Dahua shares. For details, please refer to "Feng Liu's high-quality leader in heavy warehouse and high-quality assets, and Sequoia and Ruiyuan are also investigating".
6. Zhongke Star Map
Zhongke Xingtu is the earliest enterprise engaged in the research and development and industrialization of digital earth products in China, providing digital earth products and technology development services for users such as national defense, government, enterprises and the public.
In 2020, the company achieved a total revenue of 702 million yuan, a year-on-year increase of 43.53%; The net profit of returning to the mother was 65.438+0.47 billion yuan, a year-on-year increase of 43.08%.
7. ArcSoft Technology
The company is engaged in the research and development and application of visual artificial intelligence technology, and can provide one-stop visual artificial intelligence solutions. In 2020, the total revenue was 686 million yuan, a year-on-year increase of 265,438+0.54%; The net profit of returning to the mother was 266.5438 billion yuan, a year-on-year increase of 24.26%.
8. Fu Hanwei
The company focuses on video surveillance chips and solutions, and its main business is the research and development and sales of digital signal processing chips, and provides professional technical services. In the first three quarters of 2020, the total revenue was 380 million, a year-on-year increase of 2.2%; The net profit returned to the mother was 465,438+065,438+037,000, a year-on-year decrease of 46.6%.
The eight companies mentioned above have good and bad textures. It does not mean that Sequoia Capital will investigate, and the stock price will soar immediately, and everyone will buy and hold it immediately.
Whether these companies really have investment value needs in-depth study and analysis before making a decision. Remember, you must, you must not copy your homework blindly