Data:2009-12-12 2:34
Category: Money Tips Date: 2007-01-18
Xun Hing shares (002,098 market, information, reviews, search) in 2006 Yejiyuzeng 60% -90%, the estimated earnings per share of 0.33 yuan. Jian Zhang Rui CITIC Investment Analysts forecast net profit growth of the company until 2009 will take place during more than 30%, according to 2008 0.63 yuan / share the performance of 35 price-earnings ratio for a target price of 22 per. To give a "buy" rating.
Zip global market in 2005 sales of approximately 55.0 billion, of which 28.0 billion in mainland China companies, accounting for 51% of the Japanese YKK Corporation 16.0 billion, accounting for 29%, South Korea, Southeast Asia, Taiwan and other countries and regions, 11 billion yuan. World zipper YKK high-end market dominated by Japanese companies hold, YKK zipper zipper in the world occupy the high-end market share of 80%. China's current annual sales less than million SMEs account for 99% of the total number of zipper company, product homogeneity and competitive.
From a global point of view, Xun Hing shares as annual sales of nearly 6 billion manufacturer of professional zipper industries in which the current status as the world's second ranked first in the Japanese YKK annual sales of 160 billion, while the steep bank Hing shares YKK product quality and gradually move closer together with the cost advantages are obvious, making the future, the possibility of an alternative YKK increased, and a huge room for growth. From a domestic perspective, industry concentration is very low, except Au Hing than 300 million yuan with annual sales of around zipper manufacturing enterprises is only 2-3 at home; 2, due to high-end zipper technology, higher entry barriers, difficulties in other domestic enterprises to enter the more zipper Great. So on the one hand the domestic competitors Xun Hing shares is difficult to form an effective threat to the future for the company the other hand, provide opportunities for industry consolidation, coupled with the domestic apparel consumption market to benefit from the rapid growth of Au Hing shares of face development of the industry golden age.
