Category: Money tips Release Date: 2007-04-12
Power shares (600,627 market, information, reviews, search)全资或控股now has seven subsidiaries, two equity companies and 15 joint ventures, industry related to power plant boilers, power transmission equipment, high low-voltage transformer once , high school low-voltage switches, industrial control, automatic, electric power automation and engineering, and import and export of complete sets of all parts of electrical equipment can be called the most complete listing of products, and the supporting capacity of most companies.
Company's main business in the low-voltage switchgear, engineering, business is moving in complete good direction, the performance in 2007 was the turning point, the main business of the positive profit contribution will be bigger and bigger. Generating investment income will remain high, performance will be higher than market expectations, power transmission business investment income into the harvest period, the proportion of the total net profit will be increased year by year. Companies are world-renowned electrical equipment giant, with the joint venture companies in the transmission and transformation equipment industry has a strong technological advantage and brand barriers, is the high-end network equipment strong competitors. 500KV and above high-pressure areas such as GIS, transformers and transformer investment income will be increasing rapidly.
Everbright Securities analyst Han Ling predicted ,06-08 years, earnings per share were 1.14,1.41, and 1.56 yuan. Among these the proportion of power transmission business will be gradually increased, 07,08 years the contribution of net profit to reach 55% and 60%, given its power generation business in 2007 15 times price-earnings ratio, power transmission business in 2007 25 times earnings. Weighted estimates, the company's current and reasonable price should be around 28.9 yuan, giving the "optimal -2" rating.
