Data:2009-12-12 2:34
Category: Money tips Release Date: 2007-04-03
Neodymium price rise not affect the long-term competitiveness of the industry, the industry tends to integration: the national re-orientation of the rare-earth resources, resulting in rapid increases in prices neodymium, NdFeB, greatly reduced the short-term profitability of firms, but on a longer time period inside, it will not change the competitiveness of high-grade NdFeB products, the industry's profitability will continue to return to a reasonable level. On the other hand, low-capacity rapid deterioration of profitability, high-quality companies have been able to leverage the technical and customer advantages in an invincible position, the industry is toward consolidation.
NdFeB motor industry, promising: NdFeB products application areas for the main motor, NdFeB motor excellent performance, in line with energy saving, environmental protection and development of miniaturization trend of the market space is huge, but mainly foreign firms operating in this business. NdFeB in China dominate the global pattern of production against the backdrop of the initial establishment of the domestic NdFeB motor obvious competitive advantage.
"Magnetic mechanical and electrical integration" promising: Ningbo Yunsheng in precision instruments, electrical and NdFeB production has rich experience, "magnetic mechanical and electrical integration" strategy, the advantages of raw materials and downstream combined experience in mechanical and electrical industries, in order to company's long-term development path specified in the current development of industrial sewing servo motor, wind motors and other products have broad market prospects.
Earnings estimates and rating: Ningbo Yunsheng in 2006, 2007 and 2008 earnings per share will reach 0.21 yuan, 0.27 yuan and 0.34 yuan, to give "advantage -1" rating, target price of 6.12 yuan.
