According to the steel stencil released 2014 results, the company in 2014 operating income of 20.94 million yuan, an increase of 104% compared with last year; the company in 2014 gross margin was 93.69%; net profit attributable to shareholders of listed companies was 3.75 million yuan , an increase of 69.12%; the average return on net assets was 52.26%. Steel Steel net earnings: Main source of profit at this stage the company's revenue for the network link service, first to free registration, provide value-added services through the accumulation of customers and website traffic and then by collecting advertising fees, service charges to achieve membership website revenues and profits. In contrast, Shanghai Steel Union 2014 links services revenues 63.57 million yuan, down 1.38%; the company average net assets yield 4.69%. We can find a simple comparison, steel stencil performance increase is significantly higher than Shanghai Steel Union. An insiders said that in the web link services, Shanghai Steel Union's leading position in the industry, Shanghai Steel Union-related business is a barometer of the industry. Difficult to understand, web link service data traffic Shanghai Steel Union fell, other companies able to grow significantly. The paradox is that Zhexiang steel stencil to show more than 60 percent a year growth in earnings, the other side has said, the market capacity is shrinking. Steel Stencil results: by the macroeconomic impact of the continued downturn in the steel industry, the steel trade or business is difficult to have an incentive funds for large-scale advertising wealthy, reduce the capacity of the network link services market; on the other hand, although there are more than 15,000 registered members, But the vast majority of free membership, the company can demand the depth of excavation registered and turn it into a source of income remains to be tested. The future of the company can not timely development of new business, expand revenue sources, will face some degree of business risk. Also, look at the steel stencil pages, we can find home mostly focus map advertising companies outside the steel industry, including chemicals, new materials, machinery and so on. In this regard, these insiders, this external advertising industry, with the nature of the chain almost Baidu, they will not have any income, feeling either make up the numbers, either free of charge, the possibility of a very small fee. A person who worked with steel stencil confirm this speculation: steel stencil currently free advertising accounted for a large proportion. In addition to the main business of steel stencil growth contrary to industry standards, but it also makes doubtful the market share. Steel Stencil results: As of the end of June 2014, the total number of 309 customers and the company's continued cooperation, including cooperation 1 year to 2 years 42, accounting for 13.59 percent, more than two years of cooperation 8, accounting for 2.59%. In contrast, Shanghai Steel Union's my steel mesh, according to iResearch statistics show that as of 2011, the site has a number of user fees at about 12,000. 308 12 000 customers, the gap between the two companies is quite small. For steel stencil links services industry said, steel stencil and Shanghai Steel Union is not an order of magnitude, probably also share the optimistic estimate of less than one percent level. However, to implement the revenue figures, but eye-popping. 2014 steel stencil links service revenue reached 12.87 million yuan, while Shanghai Steel Union was 63.57 million yuan, inconsistent with the market share gap between the two. Industry leading data of negative growth, accounting for more free advertising website itself, admits the market is shrinking, but in terms of revenue, but by leaps and bounds, the data does not match the overall market share in the earnings report. I do not know steel stencil in the end come from these data. A former employee said steel steel mesh, steel wire mesh parent company in the country has 13 subsidiaries engaged in steel trading business. These subsidiaries owned by the executive management of the parent company, but the results count for steel stencils, so the data steel steel looks better. But the news has not been confirmed steel stencil.