Periodic, regional and seasonal characteristics of the amusement equipment industry
(1) Periodic
Macroeconomic fluctuations will affect the operation and profitability of downstream industries. Therefore, the development of this industry is also affected by macroeconomic cyclical fluctuations and has a certain periodicity.
(2) Regional
The main downstream industries of this industry are cultural and tourism industries such as traditional amusement parks, theme parks, and urban complexes, which are highly related to the economic development level of various regions and residents' income and consumption levels. Therefore, sales in this industry have regional characteristics.
(3) Seasonal
Affected by factors such as the Spring Festival holiday, climate environment, and customer park plans, the company usually has less revenue in the first quarter, and the company's expenses occur more evenly between quarters, so the company's profit in the first quarter is usually less.
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