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Haha Generation Corp   (HAHA)
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Haha Generation 's

Competitiveness


 

HAHA Sales vs. its Competitors Q1 2021



Comparing the results to its competitors, Haha Generation reported Total Revenue decrease in the 1 quarter 2021 year on year by 0 %, despite revenue increase by most of its competitors of 0 %, recorded in the same quarter.

List of HAHA Competitors





Revenue Growth Comparisons




Net Income Comparison


Haha Generation Corp recorded net loss , as well as most of its competitors.

<<  More on HAHA Income Comparisons


Haha Generation 's Comment on Competitors and Industry Peers


There are many barriers of entry in the clothing market, and the level of competition is extremely high. Examples of barriers of entry in this market include brand loyalty, aggressive lower pricing tactics, and economies of scale. Many of our established competitors have developed a brand following which would make our potential customers prefer their clothing products to Shinin’s. Aggressive lower pricing tactics implemented by our competitors would make it difficult for us to enter and compete in this market. Economies of scale make it easier for our larger established competitors to negotiate price discounts with their suppliers of clothing products, which would leave us at a disadvantage.

The principal competitive factors in our industry are pricing and the quality of our products. We will be in a market where we will be in direct competition with many domestic and international companies offering competing products. Many large companies will be able to provide more favorable services to the potential customers. Many of these companies may have a greater and more established customer base than us. We will likely lose prospective business to such companies. Also, many of these companies will be able to afford to offer better prices for competing products than us, which may also cause us to lose prospective business. We also foresee challenges facing new market entrants. We may be unable to compete effectively with these existing or new competitors, which could have a material adverse effect on our financial condition and results of operations.

We have not yet entered the market. Once we enter the market, we will be one of many participants in the business of distributing clothing products. Many established and well-financed entities are currently active in the business of distributing such products. Nearly all of our competitors have significantly greater financial resources, technical expertise, and managerial capabilities than us. We are, consequently, at a competitive disadvantage in the market. Therefore, we may not be able to establish ourselves within the industry.

 





*Market share calculated with total revenue.


HAHA's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Haha Generation Corp 0 4,419 0 1
Ever glory International Group Inc 338 33 2 8,300
Integral Technologies Inc 1 3 -6 1
SUBTOTAL 339 4,456 -4 8,302


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