Month: March 2020

Camel (601311): Focus on starting battery segmented faucet and set sail again

Camel (601311): Focus on starting battery segmented faucet and set sail again Logic: Start the battery “hidden champion”. The three major layouts refocus the company as an internal startup battery leader, and the market share has steadily increased (42% for new cars, 25% for the after-market), refocusing on starting the battery industry chain, and accelerating integration through overseas deployment.Globally, efforts have been made to regenerate lead business, build an “production-sales-recycling-disassembly-reproduction” industrial chain, strengthen cost andContinue reading

Guangsheng Nonferrous Metals (600259): A rare heavy rare earth

Guangsheng Nonferrous Metals (600259): A rare heavy rare earth This report reads: Guangsheng Nonferrous Metals is a scarce heavy rare earth target. Myanmar’s rare earth mine shut down supply of heavy rare earth supply has contracted by nearly 30%, and the company will fully benefit from rising heavy rare earth prices. The first coverage was given a neutral rating. Investment Highlights: Neutral rating for the first time. Guangsheng Nonferrous Metals has scarce heavy rare earthContinue reading

Huayu Automotive (600741): The industry’s downturn continues to prolong

Huayu Automotive (600741): The industry’s downturn continues to prolong Event: The company released its 2019 Interim Report and achieved revenue of 705 in the first half of the year. 6 ppm, 10-year average of 13. 6%; net profit attributable to mother 33. 6 ‰, 29 years ago. 5%; net profit after deduction is 28. 1 ‰, 15 years ago. 9%. Q2 achieved revenue of 349. 9 ‰, 15 years ago. 4%; net profit attributable toContinue reading

Makihara (002714) Annual Report Commentary Report: Growth momentum remains unchanged to welcome cycle of rising pig prices

Makihara (002714) Annual Report Commentary Report: Growth momentum remains unchanged to welcome cycle of rising pig prices Event: On March 26, Makihara Corporation released its 2018 annual report. At the core of the report, the company achieved operating income of 133. 880,000 yuan, an increase of 33 in ten years. 32%, net profit attributable to owners of the parent company5. 2 billion, a decline of 78 per year. 01%. At the same time, the companyContinue reading

Huayou Cobalt (603799) Performance Preview Comment: Progress in line with expected results continues to be repaired

Huayou Cobalt (603799) Performance Preview Comment: Progress in line with expected results continues to be repaired Investment Highlights Event: The company’s net profit attributable to the parent in 19 years is 0. 76北京夜生活网-2. 2.3 billion, previous -95%? -85%, in line with expectations: In 2019, the company announced that its net profit will be 0. 76-2. 23 ppm, a drop of 85% -95% in one year; non-net profit deducted 0. 44-1. 8.9 billion, down 87% -97%.Continue reading

Mercury Home Textiles (603365) Annual Report Review: 18Q4 on-line resume product growth, cost-effective advantages are conducive to offline competition

Mercury Home Textiles (603365) Annual Report Review: 18Q4 on-line resume product growth, cost-effective advantages are conducive to offline competition Core point of view The company’s operating income and net profit increased by 10 in 2018. 44% and 10. 77%, net profit after deduction is increased by 6. . 64%, of which the company’s operating income and net profit in the fourth quarter increased by 4 in each quarter. 67% and 3. At 84%, the profitContinue reading

China Automobile Research (601965): Offensive and defensive high-quality automobile inspection service provider

China Automobile Research (601965): Offensive and defensive high-quality automobile inspection service provider Investment logic: stable performance, it is estimated that the company with elasticity is a scarce listing target for automotive testing R & D, industry transformation (electrification, intelligent network connection), emission upgrades, etc. bring steady growth in business and performance can be resisted; rationalize the incentive mechanism and corporate governanceMarginal improvement in structure and management efficiency; high performance stability, low estimates, and both offenseContinue reading

Ping An of China (601318): Operating profit, EV, NBV steadily increase New business value rate significantly increased

Ping An of China (601318): Operating profit, EV, NBV steadily increase New business value rate significantly increased Investment points: The company’s net profit attributable to the parent in 2019 is + 39% per year, and the operating profit attributable to the parent is + 18% for ten years; the value of the new business is at least +5. 1%, EV +19 from the beginning of the year. 8%. The business structure continued to improve, andContinue reading

Jichuan Pharmaceutical (600566): Continuous growth in line with expectations, healthy growth in retail channels expected

Jichuan Pharmaceutical (600566): Continuous growth in line with expectations, healthy growth in retail channels expected The event company released the 2018 annual report and the 2019 first quarter report. In 2018, the company achieved operating income. 08 thousand yuan, 16. 88 ppm and 15. 9.3 billion, an increase of 27 each year. 76%, 37. 96% and 37. 98%, realized profit 2. 08 yuan, preliminary operating cash flow 2. 10 yuan, in line with our AirContinue reading

Biyin Lefen (002832) announcement comment: convertible bond issuance steadily promotes optimistic about the company’s 2020 performance to maintain high growth

Biyin Lefen (002832) announcement comment: convertible bond issuance steadily 苏州桑拿网 promotes optimistic about the company’s 2020 performance to maintain high growth The company’s performance in 2019 is high, and we are optimistic that the company’s performance in 2020 will continue to maintain high growth. According to the company’s 2019 performance forecast, net profit attributable to mothers increased by 30-50% over the same period last year. As of the end of November 2019, the company hadContinue reading