Data:2009-12-12 2:34
Category: Money tips Release Date: 2007-03-12
Hai Yi (002,089 market, information, reviews, search) is a patch panel manufacturer, unless the only one outside the Nanjing Putian listed company, backed by the capital markets have the advantage of making the company more dominant industry restructuring and mergers and acquisitions of other regional companies strength, the White Xi'an QIN Hai is the company the first step towards the western market. Expects the market this year will be extended to the country's 12 provinces, and the future were more likely to buy and expeditious manner and to increase market share, expand their territory to achieve the company's rapid growth.
Equipment manufacturing industry in particular, competition from MDF equipment was basically at the present pattern of regional separatism, industry consolidation and the shuffle is inevitable. Hai Yi has won the bid of China Mobile recently a central wiring system, optical fiber distribution frame, digital distribution frame three kinds of products, Central Purchasing tender, the country more than 300 enterprises in total MDF more than just 20 finalists. Integration of occupying the beginning of the first opportunities to make industry consolidation in the future to occupy the driving position. 3G licenses imminent, large-scale construction will be rolled out this year is forecast to Digital Distribution Frame products in the 3G in the size of the capital expenditure of about 3 billion -40 billion, while the substantial growth in demand for optical fiber cable optical fiber patch panel allows the company the future will maintain 20 percent annual growth. On the company's current distribution frame of about 90 million sales, the company is tremendous room for future growth.
CITIC Securities analyst Zhang Bing and so that, according to the calculation of diluted issued ,06-08 years, earnings per share were 0.390,0.492 and 0.603 yuan, according to the level of 30-35 times the valuation range, the company is currently a reasonable price of about at 18 yuan, giving the company a "buy" investment rating.