Category: Money Tips Date: 2007-01-02
Source: and News
A strong limit-morning
Transaction reasons: the company in mid-2006 earnings per share of 0.079 yuan, 3.218 yuan per share, net assets, return on equity rate of 2.454%; realized main business income of 39.4992 million yuan, an increase of 12.4% and net profit of 9.3206 million yuan, an increase of 27.88%.
Investment Highlights:
1, the investment real estate industry: The company successfully bid for the North-Lan Jiang, Yuyao, Ningbo, block, and the establishment of Yuyao East Day Real Estate Development company has developed "Oriental gardens" Residential real estate, was started in November 2005, development amounting to 100 million diversity, in order to enlarge the scale of the real estate business to achieve new profit growth point to provide a guarantee.
2, the development of commercial industry: companies engaged in the professional market of Wenzhou lighting rental operations in 2005, by appropriate adjustment of fees and charges policies to achieve steady growth of profits, revenue year on year increase of 13% or so.
3, involved in education sector: The company owned part of the group into educational assets, and with the major shareholders, Zhejiang, Zhejiang Orient Group jointly set up the East Japan Science and Technology Education Development Corporation, to enter a relatively stable income, better education prospects for logistics services industry.
4, gas production concept: the company's 2005 gas production of the successful implementation of technology projects, apply for more than 10 business license, through the Municipal Economic and Trade Commission, the Planning Board approval and other relevant departments. East Japanese gas companies smooth implementation of the annual output of 540,000 bottles of gas and industrial gas technology projects, the annual output value of more than 2000 million yuan, will become the most complete Wenzhou gas products, the production's largest gas producer.
5, foreign trade management concepts: the company in 2005 just east on the operation of import and export companies, through the introduction of foreign talents, the formation of foreign trade teams to develop standardized business processes in order to set up lighting, clothing-based marketing network for the next stage of development from a good first step.
6, the concept of equity finance: The company is intended to 1.065 yuan per share, Wenzhou City Commercial Bank to subscribe for an additional 1,000 million shares, a total of 10.65 million yuan. The existing share capital of the bank's total 4.7079 million yuan, is conducting the second phase increase their investment. Has in order to subscribe for 53.25 million yuan stake in the bank's 5,000 million shares. Not only can share the financial returns the banking industry, but also for future development to provide good financial support.
Risk Tip: With the completion of the reorganization, the company's assets, the company transferred to the "three class"-based business model, how to advance the company to implement the new pattern of development strategy, develop new profit growth point, improving economic efficiency, is the company's management faced new problems.
Investment advice: the secondary market, the stock quantity can be significantly larger today, indicating the active involvement of the main funds now trading more than break even is a strong MA repression, a strong feature clear, short-term there is still room to rise, suggest that investors bought on dips reference to the price region in the 4.45 - 4.73 yuan, the first target located at 5.25 yuan. In this investment rating of "Recommended."
