4 Chuang Electronic 600 99 thousand a wide range of civilian military background Money Tips

Category: Money tips Release Date: 2006-04-29

Source: Donghai Securities Author: Wang Xingjun

As the "radar first unit," a four-hit capital market electrons from the date of landing on the market has been of great concern to all parties, not only because the company where the industry is unique because its major shareholder is the well-known military scientific research institutions, "East China Institute of Electronic Engineering." The company's products can be widely used in radar, military, civil and other fields, due to the high-tech products, large shareholders have a strong dependence of research capability, so our products have strong barriers to protect the industry. It is noteworthy that the total capital stock is only about 58 million, is a sheer small-cap stocks, which is the strength of a powerful major shareholders in stark contrast to the majority shareholder of the company's support will be very easy.

Historical Information: G 4 record (600.99 thousand): once again usher in fall of revenge after the rebound chance to focus on August 19, 2006

Source: Guangzhou Securities

"Saomai" and "Bopha" come together, their irascible, easily flare up, long raging in the land, makes it tricky. National Disaster Reduction Center, as of July 2006 all types of natural disasters this year, the country killing 1527 people were killed and direct economic loss of 124.04 billion yuan tolls! Disaster prevention and mitigation task difficult, according to the national meteorological department, "Eleventh Five-Year Plan" working conference estimates: "Eleventh Five-Year" period, China will invest 11 billion yuan on building a meteorological disaster monitoring and early warning and emergency response, a new generation weather radar, and other six Meteorological Engineering. Therefore reminded to focus on the two cities share the radar first, prevention and the vanguard of G 4 record (600.99 thousand) shares of major shareholder reform commitments, the next two years continuous injection of high-quality assets will enable the company to obtain speeding development. Company's goals, five years after the production scale of 15 billion yuan, five years, revenues increased 7 times the annual rate of more than 50%!

The company's most competitive products with core is the radar measurement is that natural disasters like typhoons. And the radar all business lines the company's most significant barriers to entry, the highest level of gross margin, the present company's main business income accounted for more than half. At present the company's commercial business is focused on Doppler radar, weather radar (such as the 3830 series of radar), digital rain gauge mine and ancillary products such as radar, the most important major customers for the state Bureau of Meteorology. As China's meteorological development, the "15" and gradually increased since the civilian radar, especially the development and the Ministry of weather radar network speed. National Weather Service weather radar network construction of the new area has been increased to 158 from 126 (and eventually will reach 184). 4 Chuang Electronic civilian radar ranked the top 3 domestic, in the weather radar about 30% market share in the "Eleventh Five-Year" period, the company can fully share in the opportunities this market. National Weather Service has started this year, the National Wind Profiler radar network building.
Weather Radar in the military as a combat information for the terrain, climate and so the collection, analysis, and has a huge role in raising the level of the military operations necessarily requires a corresponding level of ancillary equipment, weather radar essential. September 21, 2005, the company a score of 480 points through the "State Secrets of weaponry research and production units 2 certification," Recently, the military Doppler weather radar and wind profiling radar, the demand for an official to be clear from the . Scale military market is about to usher in a substantial increase in profits.
The company's largest shareholders, East China Institute of Electronic Engineering (38) in stock pledged reform: reform process in this unit within one year after the completion of the study of East China's air traffic control a sophisticated radar technology and related assets transferred to a listed company as a whole; Within the next two years, in the technology and market conditions are ripe to East China Air Traffic Management is being developed by the secondary radar, meteorological integrated data processing system, a new generation of GPS sonde technology and related assets as a whole transferred to a listed company. Company's goals, in five years to reach 1.5 billion yuan output value of the scale, if the company achieve these goals, it means five years, revenues increased 7-fold increase over 50% a year. We believe that in the "Eleventh Five-Year" in five years, rely on the rapid growth of shareholder equity injection + + new areas of expansion, the company is expected to achieve average annual growth of 30%.
2005, Typhoon No. 5 "Begonia" hit the island of Taiwan, Typhoon "Matsa" attack in Shanghai, a typhoon in two waves, the time for less than a month, G 4 creating shares have risen 65%, turnover of more than 170%, the share price from 5.75 Motonao at 9.5 yuan. Recently, with the arrival of typhoon-prone season, "Sang the United States" and "Bopha" and raging, extreme oversold G-4 record again usher in a rebound opportunity for revenge after the crash, investors can focus on.