"Cool thinking" is needed in the cost pricing of Airborne Enterprises

Deep business as scheduled. The companyundefineds "380 platform" is advancing steadily. Provincial companies in Jiangsu, Guangdong, Fujian, Zhejiang, Hunan, Henan, Jilin, and other regions continue to have a three-tier, fourth-tier city layout. At present, the companyundefineds "380 platform" shop has completed 2 / 3, with many regional food products. Infantile, day-to-day, liquor agents of the top three to reach a partnership, scheduled to complete the layout by 2017. Deep business as scheduled. The companyundefineds "380 platform" is advancing steadily. Provincial companies in Jiangsu, Guangdong, Fujian, Zhejiang, Hunan, Henan, Jilin, and other regions continue to have a three-tier, fourth-tier city layout. At present, the companyundefineds "380 platform" shop has completed 2 / 3, with many regional food products. Infantile, day-to-day, liquor agents of the top three to reach a partnership, scheduled to complete the layout by 2017. While increasing the distribution of wine, daily necessities and other mature areas, the company has gradually expanded to new areas such as communications, beauty and makeup, and the development trend is good. Starting in the fourth quarter of last year, the companyundefineds key regional deep business upgrades are on schedule, and is expected to double in size in the first quarter, laying a good foundation for high growth in the full-year deep business. Supply chain finance adds to the cake. The companyundefineds Yu Shang Financial recently released a "supply chain financial services platform strategy," and launched online platform-Yu Shang wealth management. The platform is positioned as the Internet supply chain financial platform, and has reached strategic cooperation with WeBank and other enterprises. During the two-month trial operation from the beginning of the year, the transaction volume exceeded 100 million yuan, and the total registered users reached more than 10,000 people. The companyundefineds supply chain financial business is derived from the existing business, which can effectively realize the "four flows" of business flow, logistics, information flow and capital flow, which can not only meet the customersundefined various financial needs, but also better carry out risk control. With the development of the deep business, the supply chain financial business is expected to gain more development space, and its position as the core enterprise is expected to be further strengthened in the supply chain business ecological circle actively created by the company. Innovation mode leads to the reform of circulation industry. In the traditional "production supply chain service" field, the company has established a leading position in the industry. On this basis, the company continues to carry out strategic upgrading, leading the development of domestic supply chain service industry. The future company will take 380 platform as the core carrier, covers 5 million stores, forms the domestic small and medium-sized retail store "terminal alliance", creates the supply chain commercial ecology circle. The companyundefineds business has already started from the line, gradually extends to the line, will lay a solid foundation for the ecological strategy, the companyundefineds business growth is more distinct, is expected to 2018, Yitong supply chain ecosphere business scale will reach 100 billion. The estimated EPS for 2015-1017 is 0.49% 1.01 and 1.69 Yuan / L, respectively, and the PE is 66 x / 32 x and 19 x / 10 / 17, respectively. Consider the companyundefineds future development high growth highlights, maintain the rating "buy."