By TX Investment Consulting Co., Ltd.
- Jun 10, 2009
- Construction
The company is the largest plasterboard industry group within Asia.
Plank industry is a sunrise industry as benefited by the government’s industrial adjustment policy.
The company is highly competitive in the market, and boasts the most extensive production lines and distribution networks domestically.
Performances in Q2-Q4 2009 will see further improvement.
We predict its 2009-2010E EPS .......
By TX Investment Consulting Co., Ltd.
- May 6, 2009
- Construction
In 2008, 29 listed companies of TX construction industry achieved operating revenue of Rmb617.07bn (+27.2% yoy), net profit attributable to owners of parent of Rmb9.39bn (-9.3% yoy). Industrial business turnover maintained steady growth in 2008, and net profit slid, which was mainly due to impact of huge exchange loss between China Railway Group (601390) and .......
By China Galaxy Securities Co.Ltd.
- May 4, 2009
- Tangshan Jidong Cement Co., Ltd.
Event
The company released its Q1 2009 Report, according to which it realized business turnover of Rmb614.3145mn (-11.84% yoy), net profit attributable to parent of Rmb-17.0332mn (-Rmb2.1844mn yoy), and EPS of Rmb-0.014.
Our Analysis and Estimation
Revenue decline is mainly due to combined disparity of financial statement.
Sales gross margin improved.
Gross Margin touched the bottom, .......
By China Galaxy Securities Co.Ltd.
- Apr 29, 2009
- Anhui Conch Cement Company Limited
Event
The company released its Q1 2009 report on April 25, 2009, according to which it realized business turnover of Rmb514.5bn (+11.49% yoy), net profit attributable to shareholders of parent of Rmb40,894mn (-9.04% yoy), and EPS of Rmb0.23.
Our Analysis and Estimation
Revenue increase is mainly due to capacity expansion.
Cost ascension leads to slide in .......
By TX Investment Consulting Co., Ltd.
- Apr 27, 2009
- Hongrun Construction Group Co., Ltd.
During the period under view, the company reported business turnover of Rmb1.04bn (+8.4% yoy), operating profit of Rmb64.78mn (+49.5% yoy), net profit attributable to parent of Rmb49.88mn (+49.0% yoy), and EPS of Rmb0.25. (It was Rmb0.17 in the corresponding period of 2007). Its net profit attributable to owners of parent in 1H2009 is predicted to .......
By TX Investment Consulting Co., Ltd.
- Apr 24, 2009
- Construction
We provide you with the up-to-date information and comments on industries and companies of civil aviation, shipping, railway, expressway, transportation & inventory, building material and construction, etc, and also price trends of relative industrial indexes, valuation and market performance of key companies listed in A-share and H-share market. In today’s report, you will read:
Daily Market .......
By TX Investment Consulting Co., Ltd.
- Apr 22, 2009
- Ningxia Saima Industry Co., Ltd.
For the first quarter of 2009, the company realized business turnover of Rmb151mn (+94.52% yoy), operating profit of Rmb22.09mn (+Rmb44.35mn yoy), total profit of Rmb32.86mn (+44.05mn yoy), net profit attributable to owners of parent of Rmb24.66mn (+34.38mn yoy), and it was the initial profit in the first quarter. Its EPS was Rmb0.13, being Rmb0.2 above .......
By TX Investment Consulting Co., Ltd.
- Apr 22, 2009
- Construction
We provide you with the up-to-date information and comments on industries and companies of civil aviation, shipping, railway, expressway, transportation & inventory, building material and construction, etc, and also price trends of relative industrial indexes, valuation and market performance of key companies listed in A-share and H-share market. In today’s report, you will read:
Daily Market .......
By China Galaxy Securities Co.Ltd.
- Apr 20, 2009
- Fuyao Group Glass Industries Co., Ltd.
Event
The company announced today that its wholly owned subsidiary Fuyao Hainan Float Glass Co., Ltd planned to sell its fixed assets and all assets under the intangible assets item as of March 31, 2009 to Hainan AVIC Special Glasses Material Co., Ltd. After negotiation of both sides, target assets price was temporarily fixed at Rmb450mn .......
By China Galaxy Securities Co.Ltd.
- Apr 13, 2009
- Tangshan Jidong Cement Co., Ltd.
Event
According to 2008 annual report issued on April 10, 2009, the company realized business turnover of Rmb4568.73mn (+18.35% yoy), total profit of Rmb585.97mn (+15.76% yoy), net profit attributable to parent of Rmb446.03mn (+21.28% yoy), and EPS of Rmb0.3678.
Our Analysis and Estimation
2008 business turnover augment is mainly due to capacity expansion.
The company’s .......