Data:2009-12-12 2:34
Category: Money tips Release Date: 2006-06-29
JAC Motors (600,418 market, information, reviews, search) business development of existing products in good shape. Company's existing light-duty trucks, Refine MPV, bus chassis tops the forefront of the industry, heavy card products after nearly two years of cultivation, sales have steadily increased to more than 3,000 cars. Car project is about to get approval to lift the market worries. The company car market has been worried that the project can not be approved by the company's future constitute obstacles to the development of new business is expected to be a quarter of the company to get approval, so as to provide a clear development of the company's future expectations.
Company's private placement has been adjusted to institutional investors outside the industry capital issuance. Expects private placement will also be approved in a quarter. At the same time, the company through this private placement will be introduced into a number of industrial capital, rich and stable shareholder structure. In 2007 the implementation of the "New Accounting Standards," R & D expenditures to reduce the pressure. R & D expenses will be more substantial capitalization, thereby reducing the pressure on profitability in 2007, the new depreciation pressures are within tolerance. Management excellence, car project is worth the wait. 2008 JAC will be able to bulk exports, becoming a new growth point.
Shenyin analyst Wang Zhihui maintain the company's 2006 earnings per share of 0.45 yuan profit is expected to improve the 2007,2008-year profit forecast earnings per share to 0.45 yuan and 0.54 yuan. Corporation 2006,2007 year is a period of adjustment in 2008 will enter a fast-growing channel, raised to overweight rating, target price of 10 yuan.
