Company Overview - Haolai Global Limited was established in 2014 and owns subsidiaries including Junfeng, Haolai International, and Haolai Group, which were founded in 2010, 2008, and 2011 respectively [3] - The company transitioned from a pure trading entity to a manufacturer and exporter of decorative lighting products, acquiring Haolai Industrial in 2013 to enhance production capabilities [3] - Haolai Global has diversified its product offerings, including LED decorative lights and lighting solutions, and has established a strong international customer base [3] Financial Performance - As of October 31, 2024, Haolai Global reported total revenue of 18.72 million yuan, a decrease of 22.97% year-on-year [1] - The net profit attributable to shareholders was 557,400 yuan, down 28.89% year-on-year [1] - The gross profit margin stood at 23.93%, with a debt-to-asset ratio of 32.87% [1] Market Position and Valuation - Currently, there are no institutional investment ratings for Haolai Global [2] - The average price-to-earnings (P/E) ratio for the household appliances and goods industry is 14.33 times, while Haolai Global's P/E ratio is -1.48 times, ranking 78th in the industry [2] - Comparatively, other companies in the industry have P/E ratios ranging from 1.61 to 4.06 times [2]