A: Basic Information of the Company
Company Full Name: Aidite (Qinhuangdao) Technology Co., Ltd.
Stock Code: 301580
Stock Abbreviation: Aidite
Region: Qinhuangdao, Hebei Province
Industry: Special Purpose Equipment Manufacturing
Establishment Date: March 15, 2007
Founder: Li Hongwen
Company Website:http://www.aidite.com
Registered Address: No. 9 Dushan Road, Economic and Technological Development Zone, Qinhuangdao, Hebei Province
Total Share Capital: 76.1175 million shares
Market Capitalization: 47.41 billion CNY (as of October 23, 2024)
Business Scope: Research, development, production, and service of dental materials and equipment, as well as digital comprehensive solutions.
Company Profile: Aidite (Qinhuangdao) Technology Co., Ltd., established on March 15, 2007, is a global dental service provider integrating R&D, production, service, and digital comprehensive solutions of dental materials and equipment. The company's products are sold in important dental medical markets such as Europe, America, Japan, and South Korea, with four subsidiaries in the United States, Germany, South Korea, and Japan to serve overseas customers. The company has served more than 10,000 dental prosthetic factories, clinics, and hospitals, providing quality services to approximately 90 million end customers.
B: Value Investment Analysis
Key Financial Indicators:
Revenue: 4.144 billion CNY for the period of January-June 2024.
Net Profit: 1.674 billion CNY for the period of January-June 2024.
Market Capitalization: 47.41 billion CNY (as of October 23, 2024).
PE (TTM): 29.54, Price-to-Book Ratio: 2.47.
Company Investment Value:
Aidite, as a leading enterprise in the field of dental restoration materials and digital dental equipment in China, demonstrates a high investment value with its technological accumulation and breakthroughs in the development and processing of zirconia ceramic materials and products. The company continuously introduces new products to meet market demands, enhancing its market competitiveness. Aidite has been listed as one of the two domestic crown brands in the top ten crown material brand list released by CN10/CNPP Data Research and Top Ten Brands Network, showing its leading position and brand influence in the industry.
Company Growth Potential:
The growth potential of Aidite is mainly reflected in the following aspects:
Technological Innovation: The company has a deep technical accumulation in the field of zirconia ceramic materials and products, continuously launching new products to adapt to market demands.
Market Demand: With the rapid development of the dental medical industry, especially in the application scenarios of zirconia dental restoration materials and other fields, there is a broad market space for the company.
Global Layout: The company actively expands both domestic and international markets, with a continuous increase in overseas revenue, enhancing its global competitiveness.
Industry Support Policies:
National support policies for high-tech enterprises and specialized, refined, and innovative enterprises, as well as support for strategic emerging industries such as medical devices, provide a favorable external environment for Aidite. Moreover, with the development of the dental medical industry, it will further promote the growth of related product demands, bringing more development opportunities for the company.
International Policy Risks:
Aidite may face risks such as changes in trade policies and exchange rate fluctuations in the process of internationalization. The company needs to closely monitor international market dynamics and flexibly adjust market strategies to cope with potential policy risks.
A.Top's Investment Review:
Aidite, as a leading enterprise in the field of dental restoration materials in China, shows strong investment value and growth potential due to its technological strength, market prospects, and global layout. However, the company may also face certain policy risks in the process of internationalization. Investors should comprehensively consider the company's technical capabilities, market prospects, and potential risks when considering investing in Aidite, and make rational investment decisions.