Data:2009-12-12 2:34
Category: Money Tips Date: 2006-05-28
Youngor (600,177 market, information, reviews, search) years of performance and sound operation showed that companies in the clothing business, supported by stable cash flow, prudent investment in real estate, textiles and equity finance have made a very good performance. Company's Employee Stock Ownership Ningbo Shengda Development Corporation holds 49% of Ningbo youth investment holding company, which indirectly holds 24.12% stake in Youngor, the company management and shareholders in line, which is also the fundamental guarantee for companies looking for investment opportunities in other areas of the course is cautious.
CITIC Securities stake for the holders of the new accounting standards under the deal, the company has basically decided on using the equity method, which in 2007 earnings per share will be relatively large increase, and the company's market capitalization held by the sharp rise, led to a re - examine Youngor diversification strategy and long-term equity investments, the company's market image and position has been increased dramatically. Revenue recognition due to the special nature of the real estate business, for the real estate business income and profits on the recognition of the time span there is a big degree of freedom and control, corporate real estate industry is still very confident that the company may continue to increase real estate investment, increase land reserve, the increase in the next few years real estate development projects. For the present, real estate projects, the company is likely to accelerate the existing real estate development, sales and income to determine.
Hai Tong Securities analyst Chun-Xia Hu and so increase the company's 2007 earnings per share to 0.54 yuan, 11.46 yuan roughly estimated value of the company, the company holds shares that can be realized 8.157 billion yuan, equivalent to 4.58 yuan per share, an increase in the company a reasonable target price should be 15-16 yuan, maintaining a "buy" rating.