Chongqing Beer (600132) 2019 First Quarterly Report Review: Volume and Price Rise, Steady Supply Chain Optimization Helps Improve Profits Core point of view The company’s volume and price rose in the first quarter of 2019, and the beer business revenue grew faster than expected, laying a foundation for the gradual performance of the company. At the same time, the company’s supply chain significantly improved efficiency and profitability continued to improve.With the listing of high-end new alcoholic 杭州桑拿网 wheat Guobin, it is optimistic that the company’s product structure will continue to upgrade and maintain a “buy” rating. Performance review: 2019Q1 revenue / net profit both increased by 2.53% 13.39%.The company achieved…
-
-
Hong Baoli (002165)： 19Q1 outstanding performance comes pre-increasing turning point
Hong Baoli (002165): 19Q1 outstanding performance comes pre-increasing turning point The event company released its 2018 annual report. The company achieved revenue in 2018 of 24.67 ppm, an increase of 13 in ten years.63%; net profit attributable to mothers was 29.08 million yuan, a year-on-year decrease of 28.91%.At the same time, the company announced the 2019 Q1 operating performance forecast. It is expected that the net profit attributable to mothers in Q1 2019 will be about 19-20 million yuan; an annual increase of 539% -589%. Brief comment on the recovery of rigid foam polyether profit, the turning point in performance will reach the company’s revenue in 201824.67 ppm, an increase…
-
CRRC (601766)： Annual report results are in line with expectations.
CRRC (601766): Annual report results are in line with expectations. The annual report performance is in line with expectations, and the prosperity of rail transit has continued to improve. The company recently released its 2018 annual report, and the company achieved revenue of 2,190 in 2018. 南京龙凤网80,000 yuan, an annual increase of 3. 82%; net profit attributable to mother is 113. 05 ppm, a ten-year increase of 4. 76%. The company plans to distribute 1 for every 10 shares to all shareholders. $ 5 cash bonus. The annual report performance is in line with expectations, and orders in hand guarantee 2019 performance. The company’s performance was in line with expectations,…
-
Zhibang Home Furnishing (603801)： The performance growth slightly surpasses expectations The category and channel are steadily advancing
Zhibang Home Furnishing (603801): The performance 成都桑拿网 growth slightly surpasses expectations The category and channel are steadily advancing This report reads: The company actively deploys the bulk of its cabinets and the international market to resist the pressure of the empire retail market. Wardrobes and wooden doors are expected to become important revenue growth points in the medium and long term, and multi-category synergies will continue to be released. Investment Highlights: Maintain target price of 34. 38 yuan, maintaining the overweight level. With the company’s steady growth in new category layout and retail, bulk and export channels, the development path is gradually clear, and the contribution of newly cultivated categories…
-
Japanese school refuses to use right-wing textbooks, principal receives more than 200 threat letters
Japanese school refuses to use right-wing textbooks, principal receives more than 200 threat letters A history textbook replaced by a middle school in Japan mentions Japan’s forced solicitation of comfort women missiles during World War II. The principal of the school received more than 200 threat letters and could pressure him to abandon the use of the textbook. Japan’s “Daily News” reported that Nata Junior High School (transliteration) in Kobe, Hyogo Prefecture has been using a set of textbooks entitled “Let’s Learn Human History Together” since December 2015. This textbook was issued by Manabisha Publishing House in Tokyo, the capital, 淡水桑拿网 and it contains the unique contents of Kono in…
-
Zhejiang Dingli (603338)： Uncertainty in trade war weakens company busy shipping season
Zhejiang Dingli (603338): Uncertainty in trade war weakens company busy shipping season Core point of view: The uncertainty of the trade war is weakening. At present, domestic and foreign demand is still improving. The company is actively preparing for production, full production scheduling, and busy shipping in the peak season. The fourth phase of the plant that has been scheduled to increase investment has been completed, waiting for the equipment to be moved in. It is expected to start production early next year. The new arm products are being tried out for foreign customers. At present, the revenue of arm-type products accounts for about 10%, and the benchmark for foreign…
-
Lianchuang Electronics (002036) Quick Review of Major Events： Release of Convertible Bonds Continues Expansion Through Optical Business
Lianchuang Electronics (002036) Quick Review of Major Events: Release of Convertible Bonds Continues Expansion Through Optical Business Matters: Lianchuang Electronics issued an announcement: The company’s application for public issuance of convertible corporate bonds was approved.On December 27, 19, the company received a subsidy of RMB 60 million from the Finance Bureau of Chongqing Liangjiang New District, which was included in the current profit and loss, and was offset by the research and development expenditure of RMB 60 million in 19 years. Comment: The issuance of convertible bonds has been approved, the company’s optical business meets the rapid development opportunity. Optics has become one of the most important directions for the consumer…
-
WuXi PharmaTech (603259)： From Offshoring to Enabling Ecology
WuXi PharmaTech (603259): From Offshoring to Enabling Ecology This report reads: The pharmaceutical outsourcing service industry has entered a high-boom cycle, and the company has benefited significantly as an industry leader.The company has now built a multi-dimensional 都市夜网 moat, which may be further inherited as an enabling ecosystem in the future, and its profitability will continue to increase. Investment Highlights: Coverage for the first time, give overweight rating.The company is a global leader in pharmaceutical R & D and production outsourcing, providing highly competitive integrated end-to-end services.The main business is forming a flywheel effect, and further progress in competitive advantage will be further strengthened.Forecast company EPS 1 for 2019-2021.41/1.83/2.37 yuan,…
-
Shandong Heda (002810) Performance Express Review Comments： Breakthrough to Maximize Production Capacity
Shandong Heda (002810) Performance Express Review Comments: Breakthrough to Maximize Production Capacity Matters: The company releases the 2018 results flash report to achieve operating income9. 100 million, previously +39. 78%, achieved net profit attributable to mother 0. 7.2 billion, previously +55. 23%, eps0. 63, in line with the previous period performance forecast interval. Comment: The company’s technical renovation and expansion have been completed, and the company has broken through the expansion of production capacity, and its performance has continued to release the company’s continuous cellulose ether production capacity. 3Every year, due to strong demand and insufficient supply of self-produced products, the company’s accumulated capacity gap through trade outsourcing has continued…
-
Great Wall Motor (601633) incident comment： August sales volume again increased significantly, equity incentive plan gives momentum
Great Wall Motor (601633) incident comment: August sales volume again increased significantly, equity incentive plan gives momentum Event: The company released its August production and sales newsletter, sales 7.20,000 vehicles, +9 in the past.5%; production 6.980,000, at least +6.5%. Key points of investment: The growth rate is much higher than that of the industry. The sales volume of main models rebounded month-on-month. The company’s August sales totaled 7.20,000 vehicles, +9 in the past.5%, +16.3%; Great Wall Motor gradually sold 62 from January to August.410,000 vehicles, +5 in the past.8%, +12.7%.Since the beginning of this year, the company’s sales growth has always been ahead of the industry, and in August it…