Today in History 2012: Capital market unchanged Du Jinlong: to stabilize the line does not rule out

Investment advice: Buy, target price PER10X (in 2012 dollars is calculated on the basis EPS10.79.
F-regeneration project mainly for the use of the business corner made of material recycling plastic pellets, and then foamed EVA, and with the EVA, LDPE virgin material (Sinopec supplier for the mainland and Taiwan Formosa Plastics mixed again after foaming, made of various hair foam products. Our main products are EVA foam sheet for shoes, EVA foam sheet bags, special sheets, ordinary wood, rubber foam, high elastic foam sheet, high foam, antistatic foam, fire-retardant versandverpackung foam, shock-absorbing foam ... and other sheet material. F-regeneration operates mainly in Jinjiang, Fujian Province Jinjiang City have "shoes" is known, in the geographic proximity, the company has many resources, recycled materials and can be used over low cost manufacturing EVA related products, the company is currently in Jinjiang total annual versandverpackung production capacity of 320,000 cubic meters, estimated at 03/2012 to 06/2012 in succession to add eight production lines, the company versandverpackung has 07/2012 onwards an annual production capacity can be increased to 40 ten thousand cubic meters; addition, the company Jiangsu plant 200,000 m3 capacity will also be opened by the end of 2012, the F-renewable interim operating with a high degree growth.
On the F-renewable terms, the annual 1 to 2 months for the traditional off-season, and before the Lunar New Year 2 ~ 3 months compared to the traditional peak season. REVIEW 4Q11, the company consolidated revenue was 1.547 billion yuan, QoQ +9.31%. Costs, the company products are used LDPE and EVA (approximately 1:2 proportion of the original raw material mixed with recycled materials made of foamed again, because recycled materials the original raw material cost is only about 1/3 to 1/7, and the Jinjiang District renewable materials rich in natural resources and price stability, it is estimated the company IBTSIC versandverpackung 4Q11 gross margin of about 38% can be maintained at about level, IBTSIC expected versandverpackung 4Q11 net income of the company 361 million yuan, EPS was 2.61 yuan, and the company in 2011 estimated tax After the net profit of 1.192 billion yuan, YoY +18.98%, EPS of 8.64 yuan.
F-regeneration due to the Lunar New Year holiday, 01/2012 only started 12 days, production is only 10,000 cubic meters, the 01/2012 consolidated revenue of 313 million yuan, MoM-30.2%, expected 02/2012 onwards the company to resume normal operations its consolidated revenue recovered to 7,500 ~ 8,000 yuan. Gross margin, because the company product price in the month two months ago that the first offer, and the cost of raw materials inventory days at about 24 world, roughly equivalent to the current month offer, while the mainland EVA offer in 11/2011 to 12/2011 is still 01 / 2012, hence the company 01/2012 gross profit margin increased to 40%. Looking 1Q12, after the end of the traditional off-season, IBTSIC estimate the company 03/2012 revenue will continue to grow, while gross margin reaction 01/2012EVA versandverpackung quote Zoudie and declined slightly, as a whole, IBTSIC Company 1Q12 consolidated versandverpackung revenue forecast 1.15 billion yuan, QoQ-25.4%, with net profit of 272 million yuan, EPS was 1.97 yuan.
Jinjiang plant is currently an annual production capacity of about 320,000 cubic meters, the company versandverpackung expects in 03/2012 ~ 06/2012 and then add another eight production lines, estimated annual production capacity of the company after the completion of up to 40 million cubic meters. Raw materials, produced annually due Jinjiang shoe fee scrap about 20 million tons, while F-regeneration using only three tons of new capacity is expected to carve out after the abundant resources of renewable materials, the company will not have too much raw material acquisition big problem. Jiangsu plant parts, the company plans annual production capacity of 200,000 cubic meters, from the 12/2012 from three years out of an estimated versandverpackung annual production capacity of approximately 70,000 versandverpackung cubic meters of open and Jiangsu factory in Jinjiang required plastic pellets versandverpackung from the plant after a 137 acres of land to supply, estimated this block to the plant will start by the end of 2012, with production plants in Jiangsu.
Today in History 2012: Capital market unchanged Du Jinlong: to stabilize the line does not rule out a direct challenge to 9220 points 2012: 2016 China is the world's versandverpackung largest versandverpackung trading nation
<< November 2013 >> Day one hundred twenty-three thousand four hundred fifty-six 1,234,567,891,011,121,314 1,516,171,819,202,122 2,324,252,627,282,930
My best case (0) Lyrics (38) varied (26) Good Man Share (55) Character sketch (65) feelings of the story (139) Health World (249) Gastronomy (331) leisure versandverpackung (230) Sports (208 ) Entertainment News (252) Women's Fashion (71) Constellation Files (53) map and text (147) Photo Sharing (123) Video Sharing (25) Feature Story (148) roundup (116) Technology Industry (197) Financial traditional versandverpackung ( 125) stock market situation (117) Stock News (52) Company Profile (51) solar cell (123) Uncategorized Articles (7)
Articles Featured 2013 July (1) May 2013 (1) 2013 March (11) February 2013 (7) 2013 January (20) 2012 December (7) November 2012 (1) 2012 September ( 3) 2012 August (10) July 2012 (35) 2012 June (45) May 2012 (16) 2012 April (62) March 2012 (9) 2012 February (112) January 2012 (164) 2011 December (5) October 2011 (2) September 2011 (1) August versandverpackung 2011 (253) July 2011 (181) 2011 June (634) May 2011 (36) April 2011 (2) 2010 September (305) August 2010 (785) July 2010 (177) June 2010 (11) April 2010 (3) January versandverpackung 2010 (11) February 2009 (37) 2000 August (1)
Newsletter Taichung banks when the Federal Court of Harbor backless silver Shao large-scale battle liberation Fu Kuo opener versandverpackung baseball tee (Figure) 9914 Merida monthly chart ram / old to tender! Inventory of Taiwan's "lost dog beauty witch" sexy stunner-Hantuchova Tennis Tennis sexy stunner - Sharapova beautiful baby Kelly Brook Kelly Brook beautiful baby Premiership