Data:2009-12-12 2:34
Category: Money Tips Date: 2006-09-07
Huangshan Tourism (600,054 market, information, reviews, search) in 2006 realized main business income of 817 million yuan, an increase of 18.53% and net profit of 1.39 yuan, an increase of 101.5%. In 2006 to achieve earnings per share 0.31 yuan. Performance of the company growth is mainly due to the increase in passenger traffic growth in revenue, with the relevant highway run through one after another, the company revenue growth trend will be sustained.
As the stock market improved, the company shares of Hua securities turn for the better, promote a substantial increase in investment earnings, is another reason for the growth of company performance. The company in December 2006 announcement will be targeted additional investment in the cloud valley cableway and other projects, if completed will enhance the performance of the company issuing long-term growth momentum, in addition, the company acquired in 2006 in the second half of the Group's hotel assets for corporate profit growth produce a certain contribution. As the travel agency business competition fierce, the company would travel agency will not be optimistic about the contribution.
Huatai Securities analyst Dong Hongyu According to forecasts, the company in 2007 -2,009-year earnings per share were 0.37,0.50 and 0.63 yuan, respectively, 39.19,29 dynamic price-earnings ratio, and 23.02 times the current stock price is more reasonable, for the precautionary principle, over the forecast ropeway price increase is not considered, tax reform, the securities market rebounds multiple factors such as increased investment income, comprehensive consideration of these factors, company performance is still the possibility of a surprise given the "Recommended" rating.