Data:2009-12-12 2:34
Category: Money tips Release Date: 2006-09-20
Heaven and Earth Science and Technology (600,582 market, information, advice, more) of the parent company of Coal Science Research Institute in 2006 sales of around 6.0 billion in size. Coal Science Research Institute of the coal business, restructuring of plate has been basically completed in 2006 Benniu has acquired 38.51 percent in Ningxia, Shanxi Coal Machinery 51% stake in the formation of the world by technology-based, holding Benniu Ningxia, Shanxi Coal Machinery coal machine plate.
China's mining machinery industry is a sunrise industry, coal mining development trend of rendering large-scale coal production safety is also imminent, the domestic mining automation equipment and safety equipment for the rapid growth in demand; the company's new product development and technological upgrading capacity far ahead of the industry , the company's production is based on the main R & D and assembly, for manufacturing some of the middle and low added value through international procurement and outsourcing manner. A company controlled by Shanxi coal, for example, 500 people in Shanxi coal sales revenue has more than 6 million, gross margin, net profit margin and per capita GDP is far higher than the machinery industry average. Head of School is still the future of coal into high-quality assets possible.
China Merchants Securities analyst Dennis expects 2007 company's main business revenue and net profit growth rate can reach 53% and 77% ,06-08-year diluted earnings per share were 0.72 yuan, 1.36 yuan, 1.53 yuan, the current dynamic price-earnings ratio of 35 times, 18 times and 16 times. 2007 25-28 times in order to calculate a company's reasonable price-earnings ratio in the 34-38 yuan valuation, rating of "strongly recommended-A".