Category: Money Tips Date: 2007-06-23
Source: GF Securities Authors: Yang Min
As of yesterday, 638 companies have already released its third-quarter report. 638 listed companies net profit in the first three quarters totaled 45.08 billion yuan, representing an increase of approximately 22.24% over the same period last year. Statistics also show that the first six months of this year compared with the first three quarters of total net profit increased by 57.56%. The growth performance of individual stocks will again be favored by the market. In particular the daily limit today, Su Liang sealed the Sinopharm shares (600,511), which was on the 17th of this month notice this year, earnings per share of 0.51 yuan in the first three quarters, net profit rose 58.33%, we believe that the performance should focus on growth stocks. Long Yuan Construction (600,491) in the first three quarters of 2006 the new contract amounted to 7.3 billion, an increase of 30%. The new year is expected to undertake business volume will reach 100 billion yuan, the company's 2007 revenues will increase to 20%. Afternoon a strong desire to compensatory growth.
Significant effect of quality open source to mention
From the second half of 2004, the company business strategy to expand the size of the original adjusted to optimize the project to enhance the rate of return, according to "input-output ratio" principle to undertake the project; Industry insiders estimate the company to undertake business volume in 2006 will exceed 10.0 billion connotation type development will be the company's future projects a steady increase in the rate of return an important safeguard. Amounts receivable developer's attempt to "stake" construction project, under the premise of ensuring the sharing of the risk of huge real estate profits, improve gross margins, the company shares 25% of Shanghai Jingwen Eastern Properties Limited is developing the building blocks Ching-Wen.
In the same time maintaining internal business development (business revenues accounted for about 60% of civil construction projects, the business mainly in Shanghai, Zhejiang and Jiangsu provinces and cities in three), the company's overseas business expansion in Southeast Asia and the Middle East are being carried out according to plan, overseas Construction projects include the project in Macau as well as with Thailand's National Housing Agency signed 220 million yuan of construction projects, construction projects in Malaysia are also bidding. The regional distribution of the long-term business development strategy of Shanghai, the field, offshore operations each 1 / 3. October 25 character name of the State Council on the 25th Prime Minister chaired a State Council executive meeting to discuss the adoption of "Chinese enterprises on encouraging and regulating foreign investment cooperation views. " The meeting, support qualified enterprises in accordance with internationally accepted rules of foreign investment and cross-border operations, of great significance. We believe that the country will have introduced additional measures to support foreign-related enterprises, infrastructure and long-term bullish that listed companies.
Commitment to enhance the valuation of major shareholders
Company's total assets reached 60 billion, has a housing construction general contracting construction super qualified, municipal public works construction general contracting, mechanical and electrical installation engineering construction general contracting, foundation and foundation engineering contractors, building decoration decoration engineering contracting and landscape of ancient Architectural Engineering Contractor a total of five first-grade qualification, in 2005 ranked "Chinese contractors 60 Qiang" Article 28, for 7 years, was named Jin Hu a comprehensive evaluation of construction enterprises first.
According to the company stock reform commitment: According to the company in 2005 and 2006, audited annual financial report, if the company in 2005 and 2006, after deducting non-recurring gains and losses net profit compound annual growth rate of less than 30%, the company's entire non-negotiable shareholders will be a one-time allocation of the amount of shares held by inch 630 million. It can be seen, the Company's performance for the year 2006 was full of confidence, believed to have the ability to the company's annual compound growth rate of over 30%. Since the company's non-tradable shareholders have already made this commitment, then we also have reason to believe that the company's prospects, which is too broad.
Tomorrow will be the perfect time to start
Technically, Long Yuan Construction market in mid-2004 when the index is in the Shenfutiaozheng period, resulting in the formation of an increase has not been Quotes. But the stock through continuous focus on ex-dividend ex-dividend to reduce the stock price, and effectively resisted the broader market fall of systemic risk. As can be seen right through the complex, the Unit created nearly two years, finishing platform, even in the broader market started in July last year, when they failed to large movements, the main funding long-term goals can not be measured. Shares of stock in March of this year, by a reform of the machine which pulled up, but about 70% gain in more than just a rehearsal for the big move. After the share reform to re-enter the unit sideways shock, continuous rhythmic heavy volume has new chips in the bag. With the number of weeks to the extreme Shoulong K lines, the correction pattern has come to an end, the main funding the operation of several years of painstaking efforts will soon deliver, investors can not easily let go! From the Japanese K-line portfolio of view, the stock's recent rally, is not moved by, but with the half-line side, the stock was supported by a row back foot after the long-term bottom has been proved. Today's close is in the 10 lines, all the average walking on foot, the major Kongpan ability to be seen. ICBC's stock market tomorrow bring a breakthrough, it will be the perfect time to start the unit!
