Invisible Champions list _ days revolves constantly

2010-1medical malpractice lawyers new york0/24/investors reported the investor " kansas personal injury attorney researcher Li bamboo their auto accident attorney sales and perhaps never so large in Petroleum Directorate in rivals, but this does not hinder them in their child's leadership in the industry, they are invisible. Rely on Policy Directorate in the monopoly, they have other businesses will not enter the profit protection walls. For invisible champions, the industry position formation in the market competition, their profits are often more robust protection walls. "Investor news" data Research Department for investors to filter out the 2010 A-share market 50 invisible champions, they are leaders in their respective sub industry enterprises. In 2009, the "investors" filter out the first phase is A unit of 2009 50 only invisible champions. Compared with last year, the 2010 stealth champion company screening went out of the market segments of the industry champions, different standards, 2010 is no longer concerned its secondary market valuation, from a business point of view more focus on daily life, that is their business more investors to understand. Also should be noted that, since the end of 2009, a large number of gem companies and small and medium-sized Board listing so that filtering is invisible champions a greater range, this is the list of 2010 over a substantial change in one of the main reasons why. Disappears in the new list, does not mean that they lose the industry leaders, but because they are inconsistent with the investor "subject to" champion "of other filtering philosophy. Child industry leaders "investor" concern about such a group of Champions: they are not related to people's livelihood, industry may or not for the general public in these sectors are well-known, but relies on a number of years or even decades in the industry competitive leadership formation, they have sufficient capital to soar clash. Scale, they are not large, many of the company's sales in the first half of this year, however many of them ranging from small businesses to grow and are in the process, they face various difficulties, but rely on the continuous improvement of the capacity for strategic management, corporate governance structure and team leadership, their respective child industry formed a remarkable competitiveness and leadership. In this 50 invisible champions, seven for the Directorate, 10 to 25 local State-owned enterprises, private enterprises, there are 8 companies for other forms of ownership (such as foreign legal persons holding), etc. For private capital, the company was first established, the financial strength, staffing and technical capabilities are inferior to State-owned enterprises and private enterprises can only enter a smaller segment, otherwise it will in a short time to be the big state-owned capital. Buttons, candles, wig, automobile accessories, beverage packaging ... Private enterprises choose the entry threshold lower market, 10 years, it has formed the unable to shake the leadership that is invisible. Year gains leading 50 on card in a monopoly position of Central enterprises, although human attention, but in the capital markets, they are rarely affected by investors. The reason is that although they are industry champions, but rely on policy formation of the market position of monopoly, they lack a standard control, a team of professional managers, strategic management, and many other aspects of the competitiveness of enterprises. From another perspective, these companies from the scope of the "incredibly enemy" to invest in them, meaning that will give up with enterprise growth and stock appreciation receipts, choose receipts to cash dividend stable. , Of course, not all "visualization" champions are State-owned enterprises, new hope, Fuyao glass and so on, all of which are private enterprises, they are the industry's leading enterprises, however, they have a reputation, in the capital market, which is a Fund, the basic configuration of institutional investors. In fact, such a private "visualization" is from the quantity the Championship. Invisible for the analysis of the secondary market performance in the Championship, the investors ' report on the 2009 50 only invisible champions company units produced by matching investment weight calculation of the index �� the invisible champions 50 index (hereinafter YXGJ50). Since September 14, 2009 launch first phase 50 only invisible Champions list, YXGJ50 index-2010 October 20 daily up 49.2% over the same period, the Shanghai declined 0.8%. To calculate the index 2009 year to date performance is even more amazing, the cumulative increase reach 153% rise on the connection of only 65%. For new stealth champions 50 index's performance, we remain optimistic, because we have not changed the basic idea. Excellent profitability and growth, they get a good market performance of genes. Moat profit despite only subdivides the market's invisible champions, but their industry position from competition, thus to a large extent, earnings moat is better than to rely on the monopoly of large central enterprises. The moat is not reflected in the sales and profits of scale, but that growth, profitability and ability to resist risks. "Investor news" will be 2010 50 hidden champion and has a large number"Visualization" champion of CSI 300 company performance comparison, 2009, 50 hidden champion company sales increased by 9% and the CSI 300 company only 3%. 2007 ~ 2009-year compound annual growth rate, invisible champions also lead the CSI 300 companies. Then compare profitability, CSI 300 company's average sales 2009 gross margin of 27%, in the first half of 2010, the average 27.9% while the average invisible champions company sales gross margin in the first half of 2009 and 2010 respectively 32.6 33.4 percent. Is to be noted that the CSI 300 companies including the current A-share market in all financial companies, banks, securities and insurance and other financial companies different from manufacturing companies, rely on financial licence enjoying huge profits for capacity on the profitability is far better than the other all manufacturing companies, thus, stealth champion company with CSI 300 company profits compared to win, actually demonstrated superiority has been very obvious. 50 comments to "stealth champion" Rebecca (6000439.SH) 01 hair products industry's leading enterprises, and products are mainly exported to Africa and North America, over 90% export ratio. The company has a factory in Africa and to increase the intensity of the domestic market, with the idea of transforming the wig consumption, the company's leading position in the industry will be consolidated. Jia co. (002191.SZ) 02 it only to cigarette factory production of cigarette brand, but they do sales in the country, in the tobacco cigarette brand share reached 10%. Company and its domestic tobacco 50 large and medium-sized enterprises to establish a supplier relations, leading position to have strong bargaining power, still worth looking forward to future performance. Selen technology (002341.SZ) 03 domestic antistatic/cleaning room leading enterprises, from a technical point of view, the company purification engineering and ultra-clean cleaning a leading position, but the market share is still very low, if the company can seize the opportunity to leverage the advantages listed to intensify their market development funds, future growth expectations. One stationery (002301.SZ) 04 largest office stationery manufacturer, production capacity in the first half despite tight, but through OEM revenue growth of 13% to 35% of the purchasing component, first half operating income increased by 13%, channels and brand, and other inputs come into play. Hang Seng electronics (600570.SH) 05 domestic financial institutions information solution of the most powerful one of the vendors in the fund industry's market share as high as 70 per cent, in securities, futures industry market share respectively 45% and 40%. First half operating income 2.95 billion yuan, an increase of 18%. Authorization electronic (002197.SZ) 06 domestic mobile financial equipment leader company, main product ATM use metal encryption keyboard domestic market share of more than 30%, mainly for domestic and foreign well-known ATM manufacturer supplier. Most EPOS domestic market share of 50% of the total revenues of more than 50%. Sunbird (300123.SZ) 07 domestic yacht industry's largest, design and research and development technical level one of the most high, the 2008 composite boat sales and yield the first row of domestic enterprises. Equity investment and expansion project will achieve 80%, hyper-equity funds will be used to acquire competitors, for expansion. Taihao technology (600590.SH) 08 military power and smart construction electrical industry leader. With the Government on energy policy in promoting and deepening in the intelligent construction electrical advantages will further embodiment, the main business of the huge space can be predicted. Weifu high-tech (000581.SZ) 09 company production of diesel fuel injection system is the core part of automobile engine, in the domestic market share exceeding 40%, the highest in the first place. Subsidiaries weifu Lida main products for automotive catalytic purification plant, the company's share in the domestic market also occupy the first place. Evergreen developments (002037.SZ) 10 located in many mountain province of Guizhou civil explosives listed companies, revenue scale ranked first in the industry. According to transport construction planning, in Guizhou province in the next six years to build a large number of urban railway and highway, hilly terrain make explosive products become indispensable items. International (600097.SH) 11 China Ocean fishing industry's leading enterprises, the main species for mackerel and tuna. At the end of last year completed asset restructuring, the company fleet size first. 2010, the main product prices rebound to corporate profits quickly warmed up. Grg (002152.SZ) 12 domestic ATM machine leading enterprise, specializing in monetary automatic processing equipment, through cooperation with domestic banks, products in the country with the highest market share of foreign market development is also very rapidly. With the ruralMarket opening, the company's business growth expectations. Baosheng shares (600973.SH) 13 power cable industry's leading enterprises, for bird's nest provides power cable. As the domestic nuclear fusion power generation project in a large number of official and export needs, loss low of superconducting cable is expected to become the company's new profit growth point. Shandong Yaobo (600529.SH) 14 die pharmaceutical glass bottles is the company's main product, the product in the domestic market share of up to 70%. China's pharmaceutical industry annual growth rate of 10% to 20% of the company's sales to almost the same speed and robust growth, the future is expected to continue to benefit from health reform. Zhejiang Sun (600261.SH) 15 biggest energy-saving lamp manufacturer, product name list of the first Government procurement. In national development and Reform Commission 2009 efficient lighting products promotion tasks in the most awarded orders, although short-term profit is limited, but on the company's brand promotion and expansion of market share. Guangzhou ggec (002045.SZ) 16 long-term focus on speakers and audio products production, is the leading enterprise, is one of the few able to enter professional HI-FI, za, high-end enterprise, the company products are mainly exported to the OEM, the export ratio reaches 80%. Qingdao kingking (002094.SZ) 17 candles and crafts industry leader, is the international mainstream retail enterprises approved new materials technology candle manufacturer. With the Viet Nam base in the production, the company will break through the United States cannot directly export policy bottlenecks, achieving candle business growth new take-off. Weixing co. (002003.SZ) 18 buttons and zippers maybe, inconspicuous, but the company has with the business in 2009 be hyper-10 billion in sales, with domestic high-end fashion accessories industry leading position, the company has other many other industries occupy some performance. Gold Mantis (002081.SZ) 19 internal decoration industry leader, major customers including the bird's nest, the great Hall of the people and other large venues and upscale hotels. Decoration market is highly competitive, companies in this environment with access to more than $ 4 billion, operating income shows its strong leadership. Ningbo huaxiang (002048.SZ) 20 specializes in automotive interior trim and accessories and tuning cars. Automotive circuit protection device is a world leader, is the most advanced car exhaust system Assembly suppliers, the only master in natural Walnut wood interior trim technology. Eastcompeace (002017.SZ) 21 domestic leading smart card market, especially in the area of the SIM card, company shipments and market share is highest in the industry first. At present the company's overseas sales accounted for 56%, compared to overseas business development will enhance the company's position in the global market. Zhuhai zhongfu (000659.SZ) 22 Coca-Cola and Pepsi over half bottles are provided by the company, this is China and Asia's largest beverage PET bottle manufacturers. Recent company SEO will raise $ 700 million to increase water, drinks, packaging products. Boyun new materials (002297.SZ) 23 domestic powder metallurgy composites industry leaders, relying on the Central South University powder metallurgy Engineering Research Center, technical strength, the industrial chain is perfect. The first half of the intention to raise $ 500 million investment large aircraft brake system, thereby increasing a new profit growth point. Jilin forest workers (600189.SH) 24 wood processing industry leaders, raw material self-sufficiency reach 40% this year, the production capacity utilization reaches 100%, and because of the warmer, lower demand for our products, about 10% of the average price increases space, because the montains planning or accelerated timber prices, companies benefit. New Beiyang (002376.SZ) 25 only mastered dedicated printer core technology enterprises, over the last three year revenue and net profit of an average annual compound growth rate of 26% and respectively 34%. First half due to the high business growth in pulling printer income net profit year-on-year growth of 69%. Atlantic (600558.SH) 26 domestic welding consumables industry leaders, is the product's largest selection of welding consumables manufacturers. Products in the domestic market share of 20 per cent, Southwest the share of more than 80%, comprehensive benefits the industry first in the country. Tower information (002261.SZ) 27 owns the only mobile animation magazine company, provides the only mobile cartoon China business platform. From a global point of view, the cartoon industry development potential is huge, but our current industry relative backwardness, sub industry mobile animation industry enormous room for growth in the future.> Wbr/race in record (300078.SZ) 28 domestic electronic goods anti-theft system (EAS) industry leaders, product hard tags in the global market share as high as 30%, the company aims to become the world's largest retail industry anti-theft system overall solution provider, anti-theft label industry growth. Hanwang technology (002362.SZ) 29 company electric paper books products in domestic market share of more than 95% of the global ranks in the top three. Rely on independent research and development of four core technology, the company has become an intelligent human-computer interaction leader performances of high growth in recent years. 35 Internet (300051.SZ) 30 domestic enterprise mailbox of industry leaders. In the first half of the year 1694 million net profit in the mail business accounted for 46% of the gross profit margin ratio exceeding 90%. The recent acquisition of Beijing billion in postal information technology company 70% stake in the industry position further consolidation. New sea co. (002120.SZ) 31 domestic technological level up, production and sales of the largest manufacturers of plastic lighters, in recent years, exports account for the proportion of total sales of approximately 95%. As exports the largest enterprise, corporate, lighter exports accounted in the industry for more than one-tenth of the total export value. Dilong new materials (002247.SZ) 32 home d��cor industry leading to new types of building decoration materials-based industries, products, including decorative paper, impregnated paper, decorative plates and aluminium decorative panels, decorative paper product revenues of more than 50% in the first half of the marketing momentum, achieving revenues 1.65 billion. Susino (002174.SZ) 33 domestic system umbrella industry export enterprises, parasol exports, exports, exports to countries and regions both ranked umbrella with production enterprises first, is the umbrella industry unique system-level technical center. Austrian flight animation (002292.SZ) 34 original animation and creative industries in the context of the listing of the first unit, established industry management and animation image authoring integration in the first half of the profit mode, while net profit year-on-year decline 15.62%, but the long term value to the good, the sales revenue forecast to be hyper-9 billion. Palm Gardens (002431.SZ) 35 mainly engaged in landscape design and landscape architecture engineering construction business, is the domestic real estate garden leading enterprises. It is one of the few family has both a city landscaping level qualification and landscape engineering design of a special qualification. Haodangjia (600467.SH) 36 sea cucumber cultivation mixer, aquaculture accounted for over 42%, currently owns cofferdam sea cucumber 2.6 million mu of aquaculture area. Although the cost for sea cucumber down product gross profit margin rose to interim results relatively flat, but the sea cucumber quantity price rose is Anand. Po new energy (000690.SZ) 37 clean energy leading to clean coal combustion technologies for power generation and renewable energy-based industry. Currently under construction and planning capacity of 994.6 million kilowatts, is the current production capacity of 11.43 times, after years of performance expected that continues to be high growth. Zhejiang Longsheng (600352.SH) 38 world's largest manufacturer of disperse dye production sixth consecutive year, ranked first in the world, dye business cost advantages and pricing capabilities. This year sales increase, diversify and increase reactive income respectively 30% and 75%. Guanglu few logging (002175.SZ) 39 domestic breeds up, specifications of the whole professional digital measuring tool manufacturers, the only production measurement range in the above special non-standard 500mm electronic digital measuring tool manufacturers. 70% products are exported to Europe and the United States, more than 30 countries and regions, the domestic production of more than 50%. Navinfo (002405.SZ) 40 China first, the world's fifth largest navigation electronic map supplier in China, in-car navigation map market share of more than 60% of GPS mobile phone map market share reached nearly 70%. Four electronic (600990.SH) 41 civilian radar of industry leaders, with the national weather radar production base and domestic radar industry only 908 engineering integrated circuit product design and Development Centre. ATC radar breakthrough military areas more likely to achieve the airworthiness certification will break through the civil airport markets. Hikvision (002415.SZ) 42 as the largest producer of video surveillance equipment, a leading global provider of DVR product suppliers. First half net profit 3.74 billion yuan, an increase of 51.18%, the growth rate of $ 219 front end product, and the gross profit margin rose% 8 points to 48%.R/> gang Yan high NA (300034.SZ) 43 mainly engaged in aviation and aerospace material high temperature alloy materials for research and development and sales, domestic technological level in the field of high-temperature alloys, the most advanced, production broadest Enterprise one of the current market share of about 30% of the revenue structure and 60% in the military, civilian products accounted for 40%. Zhangziisland (002069.SZ) 44 most sea treasures bottom sowing aquaculture enterprises, at present the company has the absolute leading resources, patinopecten yessoensis yield one-third of the total domestic production, accounting for bottom sowing patinopecten yessoensis yield above 80%, become the absolute industry leaders. MacLeod co. (002348.SZ) 45 electric plastic toys export enterprises, the industry's domestic brand toys a third, independent brand export electronic electric toys for second place. Gross margin increased from 2006 17.04% 35.53% in 2009. CIMIC (002162.SZ) 46 Sino-British Joint venture, the first company to have ink-jet printing technology and equipment for ceramic enterprises. In many large government project, national infrastructure projects, upscale real estate real estate renovation project, the first three quarters of revenues 6.84 billion yuan, an increase of 1.96%. Robot (300024.SZ) 47 as developed China's first industrial robot, which breaking the foreign companies on the monopoly in the field, create a robot industry, robotics engineering, industry, and other aspects of living in a leading position in China. Zhaolida (002189.SZ) 48 domestic optical components industry's leading enterprises, export proportion reached 7% Japan, main product lens and Prism has a very high international competitiveness. Global market share has reached more than 20%, future electronics industry recovery will bring opportunities to the company. Gao infrared (002414.SZ) 49 largest infrared thermal imaging systems supplier in the global industry ranked fourth. With medical and other downstream industry on infrared thermal imaging system for the rapid growth of demand, the company's main business grow explosively. Great wall Group (300089.SZ) 50 leading enterprises of domestic art pottery, nearly 9% of export products, 2008 product exports in the second-highest industry, with over 68 countries and regions of more than 400 customers. First half net profit 2735.64 million, an increase of 32%.