Data:2009-12-12 2:34
Category: Money Tips Date: 2006-05-31
The company's business in the thriving Chinese Herbal Pieces of the state, industry and company level, are the existence of the phenomenon of species. Chinese Herbal Pieces country needs more than 30 billion yuan. Pieces demand side, hospitals, pharmaceutical companies and retail markets, including hospitals and pharmaceutical companies each accounted for 40% of sales. . The project means to take additional 6,000 million shares to raise capital, in June 2006 successfully raised 500 million yuan of funds. Company has become the largest manufacturer of Chinese Herbal Pieces become the industry leader and standard-setter. 2 Project construction period is June 2006 to June 2008, its total capacity targets are expected to more than 700 million yuan. Company's current development has entered a new plateau, Chinese Herbal Pieces of the heavy volume will be very crucial. The company plans to invest 350 million yuan expropriation of 700 acres of commercial land, as the company intends to build the logistics of Chinese medicine in Hong Kong prepared to land. On the one hand the appreciation of land space for a larger addition, if the logistics of the traditional Chinese medicine in Hong Kong to achieve efficiency, will drive the sales of Chinese Herbal Pieces region radius.
Galaxy Securities analyst Yan-Ming Liu expects the company in 2006 -08 years, earnings per share were 0.44 yuan, 0.6 yuan and 0.87 yuan. Pieces in Chinese medicine, taking into account the industry's leading position and good growth prospects, the company medium-term target price of 16.83 yuan, a considerable 2007's price-earnings ratio of 28 times, long-term target price of 20.51 yuan. Given the "Recommended" investment rating.
