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Data:2009-12-12 2:34
Source: Far East Securities
Monday, yesterday, a rapid correction tape, showing that the bull market in steep decline slowly up features. Environmental protection, agriculture and other sections as intraday highlight afternoon to focus on the plate.
Qianjiangshenghua (600,796) is China's largest production base of biological pesticides, the products are eco-friendly, low toxicity and so on. Company's financial statements for the third quarter showed that 52% of core revenue growth and net profit growth of 1.97%, continue to maintain steady growth.
Company Inooka penicillin in the gross domestic product more than 50% of the market, gibberellin series production is the world's No. 1 ranking, exports accounted for more than half of the domestic product. And the company's micro-natamycin is also present in short supply in the international trend, profit margins as high as 70%. At present, the company has been fermented to 4,000 cubic meters total tonnage, agricultural bactericide series of gross margins remained at about 24%. As the state continues to invest in agriculture, the company room to grow big.
The company to increase scientific and technological input to enhance scientific and technological content of products. Company Avermectin fermentation index has increased nearly five-fold, with the production capacity expansion of the product will become the company's new profit growth point. In addition, the company invested 150 million yuan in economic development zone, according to GMP to design a new bio-pesticide production base, the company fermentation tonnage ranked first in the domestic industry, the output value doubled, which will further enhance the competitiveness of enterprises.
Company as a professional enterprise producing agricultural antibiotic, has been 30 years of history, the strength, the development of high efficiency, low toxicity and good compatibility of pesticides on the environment, the company's long-term development goals. As people on the ecological environment protection and sustainable development of the growing importance attached. Company-led mode of action of bio-pesticides as a unique object-specific prevention and treatment of humans and animals, natural enemies and other beneficial bio-safety, environmental risk is low, will become the focus of pesticide industry and hot. In addition, China is the world's second largest pesticide consumption country, with the gradual development of the rural economy, the demand for pesticides will be further expanded. Company as the country's largest manufacturers of pesticides, one of which will lead to unprecedented opportunities for development.
Secondary market: the stock pre-20 day MA support relying on a steady rise upward significantly. Tape before the recent adjustment of the short-term decline of nearly 15%, adjust the already full. Monday the broader market tumbled, the stock a strong bottom withdraw sword after the heavy volume that carry a strong downside. Afternoon is expected to lead broad market rebound, should focus on.