2011年1月24日星期一

"Seven strategic emerging industries" of its three wind CSR 'electric vehicle' new energy, new materials, the stock market _ Super Collection.

Recently, a strong CSR performance, since the new year the Shanghai Composite Index fell 3.30% in the case of China South Locomotive up 14.57% against the market trend as A-share market a new hot spot. .In fact, since September 14, 2010 began, the stock had jumped over the long-term costs of moving average, the stock entered a rising channel, the current trend is still positive. .Meanwhile, the stock price-earnings ratio 41.89 times the current dynamic, the state is slightly higher, but the bodies of their next 12 months, but only 23.87 times forecast earnings, from a growth perspective, the ranks of the stock is still undervalued. .According to the "Securities Daily" Market Research Center, China South Locomotive to close at 8.65 yuan on Friday, day or 2.25%, has risen 14.57% during the year, turnover during the year 69.17%, turnover of 17.359 billion yuan, MACD return to the red column line, .KDJ was arranged long. .Three factors drive growth Xiangcai Securities believes that a triple power-driven growth for the company. .First, the company EMU demand will maintain rapid growth. .Before the end of 2012, China will build 13,000 km high-speed railway, according to estimates, will be opening before the end of 2012 the high-speed rail mileage of 10,000 km or so. .Indicates that in the next 2-3 years on a thousand kilometers of high speed rail will have a tremendous demand for high-speed EMU. .The next two years the company expects revenue growth of EMU up to 70-90%. .Secondly, the release of cargo transportation capacity, locomotives and trucks to promote the growth of the company. .High-speed rail line was opened to traffic and passenger release will be a great freight line resources, taking into account the land transport of rail freight in the great economy, will undoubtedly bring about the rapid growth of demand, thus promoting the company's growth locomotive and truck production is expected to .the next two years the company locomotives to maintain 20-30% growth in revenue, to maintain 20-25% growth in the truck. .Finally, the rapid development of urban rail transport, export growth will also be a major driving force. .Over the past 3 years the company grew transit vehicles up to 50-70%, that second-tier cities in Hangzhou, and a number of large-scale construction of urban rail transit began and still maintain 50% growth rate. .In addition, foreign demand to China South Locomotive and all cars will drive the rapid growth of exports. .One of the world-class technology independently developed high-speed EMU off the assembly line, will go abroad, one of the world class level. .As the two major manufacturers of railway vehicles, one of the CSR, independent research and development of the 350km / h EMU has a unique local advantages in the world are also the leading position. .EMU's CRH380A type to a top speed of 486.1 km, the highest in the world railway speed record of operational testing. .Recently, CSR GE joint venture with the United States, the Chinese-made high-speed rail into the U.S. market, while the U.S. side to the Chinese side to provide more sophisticated diesel technology. .The two sides will consider the bid for the U.S. high-speed rail projects, including California, Florida Railway, Eastern Railway and the Desert Express and so on. .CSR also said: U.S. lawyers have a professional assessment has identified CSR 350km / h above the EMU has a complete independent intellectual property rights, does not appear in the U.S. market patent disputes. .China's high-speed rail technology for the first time out of the country to war international line market. .CSR seven new industries accounted for three "seven strategic emerging industries" south of its three cars, a good policy environment conducive to the rapid development of new industries the company. .CSR's new industries, including wind power equipment, industrial motors, composite, rail and automotive equipment, construction machinery and other industries, new industries are all sales revenue accounted for more than 10%. .In recent years the rapid development of the company's new industrial business, the company expects respect, new industry-related businesses in 2010 will reach 8.7 billion revenue. .2010, CSR new industries, following 3.56 billion wind power product orders, signed 765 million electric vehicles. .Under its new energy, new materials and new energy vehicles are the focus of China's future strategic development of new industries, will become a CSR performance of the new growth point. .Market demand for transit vehicles unprecedented demand for vehicles is expected during the second five-over 20 000 Chinese urbanization is accelerating, while economically developed cities rising car ownership has led to increasing pressure on urban transport, rail transit construction derived therefrom .unprecedented demand urgent. .2010, the company access to domestic urban rail metro vehicles 9 and 2 vehicle tender projects proposed standard vehicle, the order of about 1,700, the total contract amount of tender amount of 60.7%. .By 2015, China will have more than 30 cities, 85 urban rail railway construction projects with a total length of more than 2700km, needs a total of 2 million vehicles driving-related units, which average over 4000's production needs, or about 300 billion .element of the domestic market capacity. .Xiangcai Securities said the results of the next two years and then speed up, increase rating to "buy." .2010-2012 raised the company's earnings per share to 0.23 yuan, 0.43 yuan, 0.75 yuan, the corresponding profit in 2011 and 2012 the growth rate of 85% and 74%, earnings growth and then speed. .Taking into account the dynamic company in 2012 only 11 times earnings, the company Xiangcai Securities raised the rating "buy", target price of 12 yuan (16 times PE), the current stock price target from 38.73% of the space there..

没有评论:

发表评论