The hottest supporting capacity is released quickl

The market prospect of the rapid release of the capacity of the square and round support is good

the market prospect of the rapid release of the capacity of the square and round support is good

2007- China Construction machinery information when the thickness is greater than 25mm

Guide: as a high-quality company in the construction machinery enterprises, the good market prospect and the rapid release of the company's capacity ensure that the company's performance will continue to grow rapidly, especially in 2009, there will be explosive growth, The annual earnings per share are expected to be 0.48 yuan, 0.88 yuan and 2.47 yuan respectively, with a year-on-year increase

as a high-quality company in construction machinery enterprises, the good market prospect and the rapid release of the company's production capacity ensure that the company's performance will continue to grow rapidly, especially in 2009. It is expected that the annual earnings per share will be 0.48 yuan respectively, and gradually carry out the comprehensive quality supervision and spot check of publishing products including editing quality, printing quality, reproduction quality and environmental protection quality, 0.88 yuan and 2.47 yuan, The year-on-year growth was 46.63%, 83.75% and 182.03% respectively. The target price of the company is 75.05 yuan, giving an investment rating of "buy"

there are many reasons for the company's performance growth. First of all, the slewing ring has high barriers, while the square and circular bearings take advantage. At present, the company has a wide range of products, which occupy more advantages in the whole slewing ring industry. For example, it can easily purchase raw materials from the local, has many high-quality customers, and has low local labor costs. At present, most of the enterprises producing slewing rings in the industry are small-scale. We believe that in a few years, when the industry differentiation intensifies, the company will take advantage of its competitive advantages to achieve rapid development through extensive expansion

secondly, the company's future capacity planning continues to exceed market expectations. At present, two fund-raising projects of the company will be put into operation in 2008. In addition, the company will also use its own funds to increase the investment plan of slewing ring capacity. According to our analysis, the company may reinvest in the second half of 2008 or 2009 according to the market demand trend. At that time, the company's production capacity will reach 114000 sets, an increase of 356.00% over 2006. It can be seen that the centralized production capacity release period of the company's fund-raising projects and self owned fund projects is in 2008, and the production period is in 2009, which is the reason why the company's earnings per share soared from 0.88 yuan in 2008 to 2.47 yuan. For investors who pay attention to the long-term investment value and growth of the company is a challenge, they should dynamically grasp the release speed of the company's performance and the ability and progress of the company to integrate other small and medium-sized enterprises in the industry, not limited to the company's performance this year and next year

at the same time, with the increase of production capacity investment scale, the company's product structure will also be continuously optimized. It is estimated that when the production capacity of 114000 slewing rings of the company is released at the end of 2008 or the beginning of 2009, the output of high-end products can account for 29.82% of them, and the output value will account for 50.42%. The gross profit margin of high-end products is more than 40% and 50%

finally, the company's product export has obvious cost performance advantages, which is only about 1/3 of the price of similar foreign products. Compared with the average annual growth rate of 38.21% of the company's domestic product sales in the past three years, the company's export operation has been reliable and stable, and the growth has been sluggish. The main reason is that the domestic market is in short supply of products, and the company's capacity bottleneck can not meet the requirements of other customers. In the next few years, with the rapid expansion of the company's product capacity, the company will gradually cultivate foreign customer echelons. The structural optimization of the company's products and the increase in the proportion of exports will continuously enhance its anti cyclical. In addition, the export of products can enjoy income tax credit