Hottest square bearing 002147 slewing ring industr

2022-08-19
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Fangyuan bearing (002147): leader in the slewing ring industry

Fangyuan bearing (002147): leader in the slewing ring industry

China's construction machinery information injection speed is accelerated, but the shrinkage rate is small

Guide: the company is one of the major slewing ring manufacturers in China at present, and its production capacity ranks second in China, second only to Xuzhou Luote aide. At present, the company's overall market share is more than 20%, and its market share in engineering cranes, graders, piling machinery and rotary drilling rigs has reached about 35%. In the next three years

the company is one of the major slewing ring manufacturers in China at present, and its production capacity ranks second in China, second only to Xuzhou Luote aide. At present, the company's overall market share is more than 20%, and its market share in engineering cranes, graders, piling machinery and rotary drilling rigs has reached about 35%. In the next three years, the company plans to increase its annual production capacity by 180% from 40000 units in 2007 to 112000 units in 2010. In 2008, Fangyuan will probably surpass its competitors and become a market leader in terms of sales revenue and production capacity

on December 27 last year, the company issued a revised announcement of pre increase in performance, and it is expected that the net profit of the company in 2007 will increase by% year-on-year. According to the company's latest performance pre increase, the company's earnings per share in 2007 was 0 68 yuan, exceeding market expectations. National securities analysts believe that the main reason why the company's performance is higher than the previous forecast is that the income tax credit confirmed by the company in 2007 is higher than expected and various expenses may be lower than the previous forecast

BOC International analysts believe that the company is one of the major enterprises in the slewing ring industry. After continuous technological innovation and improvement, the company's industry position in the slewing ring market has been steadily improved. It is expected that 2 we are going to invest additional funds, and the company will jump to the leading position in the industry in 2008. With the release of production capacity, the compound growth rate of the company's annual net profit is expected to reach 64%, and the return on net assets of the company will reach 33% in 2009, which is much higher than that of its peers. Based on the price earnings ratio of 26 times in 2009, the target price of the company is set at 53.04 yuan, and the total length of the first evaluation is not less than 150mm, which is "better than the big market"

today's investment analyst shows that the company's annual comprehensive earnings per share forecasts are 0.57, 0.85 and 1.66 yuan respectively, corresponding to dynamic P/E ratios of 75, 50 and 26 times. At present, there are five analysts tracking, of which 1, 3 and 1 recommend strong buy, buy and wait-and-see respectively, with a comprehensive rating coefficient of 2.00

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