the annual performance wave is coming. As the leading machinery industry that is about to debut, Changlin shares (600710) will also add a bright spot to the grand launch of the performance wave with its substantial growth in combustible and highly corrosive materials. With the construction of infrastructure such as transportation, water conservancy, electricity and urban housing entering the peak period and the gradual deepening of the western development, the construction machinery industry has ushered in unprecedented development opportunities. As a leading enterprise of construction machinery, the company has also entered the golden period of development. This year, the company's products have shown a rapid growth trend of booming production and marketing, and the company's performance has also seen a jump growth. The third quarter report shows that, From January to September, the company achieved a net profit of 139.59 million yuan, with a year-on-year increase of 309%. With the continued strong market demand for construction machinery products in the fourth quarter, the company's annual performance is expected to further increase significantly on the basis of the third quarter, and the company will also usher in more development opportunities
at the same time, the company is also vigorously exploring overseas markets. Changzhou Hyundai, established by the company and South Korea Hyundai Heavy Industry Co., Ltd., is mainly engaged in the production of various hydraulic excavators, which has become an important source of profit for the company. Recently, the company continued to cooperate with Hyundai to establish Hyundai (Jiangsu) Construction Machinery Co., Ltd., which is "icing on the cake" for the rapid growth of the company. The joint venture with Malaysia Wanfa group to establish "Changlin (Malaysia) Construction Machinery Co., Ltd." has made a big step in the internationalization process of the company and provided rich imagination space for the future development of the company
in the secondary market, the current dynamic P/E ratio of this stock is only 16 times, and its rapid growth performance is 10:30 11:00. The market development and technology of thermoplastic products make it have great investment value. Therefore, this stock has attracted a large number of fund institutions to settle in. At present, its price of 9 yuan is as important as the role of the enterprise R & D centers of Zoomlion and Guilin Liugong in the same industry.
the share price has obvious price comparison advantages, After nearly four months of adjustment, its share price has built a solid multiple bottom in the area of 7.5-8.5 yuan. Recently, after breaking through the top of the box in large quantities, it has been confirmed that it is expected to carry out a strong pull-up market with the help of the internal requirements of the fund to improve its net worth at the end of the year
Copyright © 2011 JIN SHI