From January to September 2009, the company achieved operating income of 265 million yuan, down 12.07% year-on-year, operating profit of 46.54 million yuan, up 0.66% year-on-year, achieving a net profit attributable to the parent company of 39.49 million yuan, an increase of 2.04% over the same period. 0.23 yuan. Among them, the third quarter achieved operating income of 101 million yuan, an increase of 0.34%, the net profit attributable to the parent company was 16.81 million yuan, an increase of 24.84%, and realized earnings per share of 0.10 yuan.
The performance was basically the same as last year. The company's main business structure is dominated by diamond tools, supplemented by small construction machinery and carbide tools, of which diamond tools account for more than 80% of the company's operating income and operating profit. In the first three quarters, the company's revenue still declined year-on-year, but the decline is gradually narrowing. In the first half of 2009, the company's operating income decreased by 18.12% year-on-year.
The export business was relatively severely affected by the financial crisis. Affected by the international financial crisis, the demand in the US and Europe fell sharply, with a drop of more than 30%, while the company's product exports accounted for about 35%-40%, so the export business suffered a setback. We believe that with the improvement of the external business environment, the company's operating performance will be improved.
The gross profit margin of the products has rebounded considerably. The company's comprehensive gross profit margin for the first three quarters was 35.46%, up 2.43 percentage points year-on-year, and the third quarter gross margin was increased to 36.6%.
Earnings forecast and rating. We expect the company 2009, 20
10. In 2011, the earnings per share were 0.32 yuan, 0.39 yuan, and 0.49 yuan respectively. According to the closing price of 15.49 yuan on the previous trading day, the company's dynamic price-earnings ratio in 2009 was 48 times. We gave the company a "neutral" investment rating.
risk warning. Large systemic risk.
The performance was basically the same as last year. The company's main business structure is dominated by diamond tools, supplemented by small construction machinery and carbide tools, of which diamond tools account for more than 80% of the company's operating income and operating profit. In the first three quarters, the company's revenue still declined year-on-year, but the decline is gradually narrowing. In the first half of 2009, the company's operating income decreased by 18.12% year-on-year.
The export business was relatively severely affected by the financial crisis. Affected by the international financial crisis, the demand in the US and Europe fell sharply, with a drop of more than 30%, while the company's product exports accounted for about 35%-40%, so the export business suffered a setback. We believe that with the improvement of the external business environment, the company's operating performance will be improved.
The gross profit margin of the products has rebounded considerably. The company's comprehensive gross profit margin for the first three quarters was 35.46%, up 2.43 percentage points year-on-year, and the third quarter gross margin was increased to 36.6%.
Earnings forecast and rating. We expect the company 2009, 20
10. In 2011, the earnings per share were 0.32 yuan, 0.39 yuan, and 0.49 yuan respectively. According to the closing price of 15.49 yuan on the previous trading day, the company's dynamic price-earnings ratio in 2009 was 48 times. We gave the company a "neutral" investment rating.
risk warning. Large systemic risk.
Laboratory Electric Sliding Clean Door
Laboratory Electric Sliding Clean Door,Laboratory Electric Sliding Double Clean Door,Laboratory Electric Sliding Single Clean Door,Laboratory Electric Sliding Unequal Double Clean Door
Shenzhen Yue Ma intelligent Technol , https://www.ymcleanroomdoor.com