Data:2009-12-12 2:34
Category: Money Tips Date: 2007-04-24
Hang Seng Electronics (600.57 thousand quotes, information, reviews, Search) January 19 announcement that the company expects results in 2006 than in 2005 a significant year on year growth of 600% or more. Hang Seng e-2005 net profit of 5.8769 million yuan, according to announcement is expected a net profit of Hang Seng e-2006 should be more than 35.26 million yuan. 14280 million shares under the company's 2006 total capital basis, the Hang Seng e-2006 to achieve earnings per share at 0.25 yuan.
As the electronic transfer of Hang Seng Shanghai Cheng Feng Digital Limited 18.51 million yuan of investment income is not reflected in the 06 annual reports will be in the Hang Seng e-mid-2007 reflected this part of the transfer of proceeds, the Hang Seng e-substantial increase in income will, therefore, in maintaining Main business receipts in 2007 on the basis of 0.42 yuan, coupled with this part of the transfer of earnings, conservative Hang Seng e-2007 is expected to achieve earnings per share of 0.50. Hang Seng e-as securities, the fund industry application software leader position has been established, the core competitive advantages are clear, while the next two years, the securities industry, the increasing trend in investment spending has also been established, the Hang Seng e-business investment spending will share a considerable portion of the increase in revenue.
Huatai Securities analyst raised the Hang Seng e-Xia Zhaohui profit forecast, while expected, the Hang Seng e-2008 will be followed to maintain 30-50% growth rate. Based on the expected profit increases and the Hang Seng e-confirmation of long-term growth trend, and further in accordance with the expected short-term target price of 30 times 2007 price-earnings ratio of 15 yuan, maintaining a "buy" rating.
