Company-competitive. The company's main film capacitors, domestic film capacitors leading manufacturers in the world are in a leading position.
Excellent management, and good financial position. Although the main raw materials film, tin, and other costs continue to rise, companies tend to decrease prices, but the company the industry margins are Ceiling fan capacitor quite stable and remain in the 36-40 per cent higher level than the end of the first half also increased slightly, upgrading of the structure of that company's products, and a strong ability excellent ability to control costs. Management fees of a sustained downward trend, the company management is excellent. The first half of the net assets yield of 8% a year will be more than 16%, at a relatively high level. Low rates of assets and liabilities, only 9 percent next financial leverage a large space, adequate follow-up resources for development, debt risks minimal.
The next three years will maintain steady growth drivers are as follows:
500 million annually, the special high-performance film capacitors has started to put on the market, the company opened a new profit growth point.
Bare company installed capacitors, surface-mount capacitor technologies in the world leading level, the former has entered volume production, which adapt to the thin electronic products Ceiling fan capacitor trend has been of small batch production. Two future market potential should not be overlooked.
Applications market structure optimization. Lighting (energy-saving lamps), communications equipment, the rising proportion of capacitors, has become a leading application. The company has become a well-known international companies such as lighting PHILLIPS, GE, European companies such as Long wait suppliers, as urban development, consumer escalation, as well as the electronics industry further transfer to China, the lighting business market will be increased steadily. With the global telecommunications investment recovery and domestic telecommunications investment rises, the communications equipment market is stable growth trend. CRT replaced by the LCD market share Ceiling fan capacitor of the gradual decrease weight.
The company would be relocated to the early 08's Haicang Investment Zone in capacity bottlenecks will be eliminated, to lay the foundation for future sustainable growth.
Long-term investment value. EPS is expected to 07-09 years were 0.59 yuan, 0.74,0.90 yuan. Due to the strong competition, growth and stability, the net assets yield higher, the low rate of assets and liabilities, we can give 30-35 times PE valuation, the corresponding shares 22-26 yuan, the company has long-term investment value.
Excellent management, and good financial position. Although the main raw materials film, tin, and other costs continue to rise, companies tend to decrease prices, but the company the industry margins are Ceiling fan capacitor quite stable and remain in the 36-40 per cent higher level than the end of the first half also increased slightly, upgrading of the structure of that company's products, and a strong ability excellent ability to control costs. Management fees of a sustained downward trend, the company management is excellent. The first half of the net assets yield of 8% a year will be more than 16%, at a relatively high level. Low rates of assets and liabilities, only 9 percent next financial leverage a large space, adequate follow-up resources for development, debt risks minimal.
The next three years will maintain steady growth drivers are as follows:
500 million annually, the special high-performance film capacitors has started to put on the market, the company opened a new profit growth point.
Bare company installed capacitors, surface-mount capacitor technologies in the world leading level, the former has entered volume production, which adapt to the thin electronic products Ceiling fan capacitor trend has been of small batch production. Two future market potential should not be overlooked.
Applications market structure optimization. Lighting (energy-saving lamps), communications equipment, the rising proportion of capacitors, has become a leading application. The company has become a well-known international companies such as lighting PHILLIPS, GE, European companies such as Long wait suppliers, as urban development, consumer escalation, as well as the electronics industry further transfer to China, the lighting business market will be increased steadily. With the global telecommunications investment recovery and domestic telecommunications investment rises, the communications equipment market is stable growth trend. CRT replaced by the LCD market share Ceiling fan capacitor of the gradual decrease weight.
The company would be relocated to the early 08's Haicang Investment Zone in capacity bottlenecks will be eliminated, to lay the foundation for future sustainable growth.
Long-term investment value. EPS is expected to 07-09 years were 0.59 yuan, 0.74,0.90 yuan. Due to the strong competition, growth and stability, the net assets yield higher, the low rate of assets and liabilities, we can give 30-35 times PE valuation, the corresponding shares 22-26 yuan, the company has long-term investment value.