129667786191240392_61Company specializing in non-tire rubber products, involving two shock absorption and rubber hose niche.
Compound in 2007-2010 year company revenue, net profit growth, respectively, 70%, fast-growing non-tire rubber products for the domestic commercial vehicle one of the largest manufacturing enterprise. Lightweight benefited from heavy truck
swtor power leveling, broad market prospects. Shock absorbing rubber products are realization of automobile NVH performanceImportant tools and vector, it is important way to automotive lightweight, energy-saving emission reduction. On July 1, 2011, the highway safety protection Ordinance into effect, on overload control more severe, will greatly need lightweight heavy truck pull, product upgrades, policy catalyst, air springs, application of new products such as the suspension is expected to quickly enhance, broad market prospects, The company as a leader will fully benefit from. Customer, project-rich, the future is expected to more flowering. The company has more than more than 100 customers, relying on the advance/synchronization of strong research and development capabilities, was involved in a number of domestic OEM a new generation of heavy trucks in recent years to push the vehicle development process, a variety of products have a higher market share on the new generation to push cars. Some large projects, such as Shaanxi heavy vehicleCAB suspension upgrades, beiqi Foton H4 platform, from 2012 to release results, conservative is expected in 2012, more than two items alone may bring $ 120 million of incremental revenue for the company, equivalent to 21% of 2010 revenue. Good overseas market expansion, the company has successfully pursued several internationally renowned commercial vehicles OEM supplied in small batches, reserve a batch of items at once.In addition the company also entered a number of domestic construction machinery, own-brand passenger car company's system, along with its research and development, continued upgrading, downstream of the future all new customers
the old republic power leveling, new businesses are expected to blossom. Company growth is clearly beyond the next two years, taking into account the investment slowed down demand for heavy trucks, and conservative estimated 2012-2013-year revenue growth, 28.5%, 2011-2013 year EPS respectively, 1.02, $, corresponding to the current stock price respectively 25, PE, 16 times; corporate earnings low point is past, and subsequent growth, first given the "highly recommended" rating. Gold-line statement: gold online reprint of the above content, does not show that certifiedIt describes, for investor use only and does not constitute investment advice. Investor actions accordingly, and at your own risk.
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