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Weichai dynamic business environment in which earnings continue to turn a good call by fsb cwqc





Article Author Biography
Weichai dynamic business environment in which earnings continue to turn a good call by
Article Posted: 05/24/2011
Article Views: 62
Articles Written: 1405
Word Count: 542
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Weichai dynamic business environment in which earnings continue to turn a good call


 
Business,Business News,Business Opportunities
Implemented since the end of 4 trillion investment, promote economic bottom in the successful recovery and also re-stimulate the domestic consumption of the active. 4 trillion of investment as the main direction of large-scale investment in fixed assets as an important means of stimulating the economy, this will also spur the development of heavy truck industry. As the industry's leading provider of heavy truck power group, Weifang Diesel (56.30,4.10,7.85%) (000338.SZ) despite the stock price continues to remain high, but remains concerned by the market.

Friday Weichai Power in the Shenzhen Component Index was up only 0.19% of the background, to 7.85 percent gain in well ahead of the market. Although no releases quarterly, but the market is expected to have been very strong.

The current economic recovery as investment in fixed assets continued to grow, real estate investment recovery, multiple positive stimulus, the business environment in which Weichai Power is constantly improved, the development of space industry as a whole has improved, industry development Weichai Power also had certain effects on the development.

Shanxi Securities that the heavy truck, construction machinery Pin Volume of data continues to improve, the prospect is expected to support Weichai Power. The heavy truck industry has undergone a period of high growth but the market space still exists, and the entire industry into a new stage. Construction machinery industry is gradually becoming a new strong sector.

Weichai Power is up this year reached 213.85%, transport equipment industry in the whole pay top place.

Ping An Securities auto industry researcher Wang Dean said that as the strongest domestic auto parts and related Key Assembly system, industry groups, the first half of the industry's most difficult period in the business Weichai Power still get better results, leading products Engine And transmission of the advantages of further consolidation. The latest data show that the recovery trend of the second half of the heavy truck industry, obviously, in July, August, September industry sales hit successive record highs over the same period. Weichai Power With the strong recovery downstream industries, the main supporting customer growth significantly. Weichai Power in September 2009 sales of automotive engines for the 24,000, an increase of 47%. Good macroeconomic situation in the downstream industry recovery, prices of raw materials at a low level of background, in 2009 profitability will be improved quarter by quarter. Expected in the third quarter, fourth quarter sales reached 10.8 billion, respectively, 87 million, annual revenue of about 35.2 billion yuan.

However, semi-annual report from this year compared with a quarterly data, Weichai Power of fund investors are reduced, in the final only 16.83% of the outstanding shares held by the Fund for the eight, representing a reduction of quarter-end 9 1, holding the proportion has declined. However, since the third quarter, the rating agencies for almost all Weichai Power is buying and overweight, showed confidence in institutions for Weichai Power is growing. The institutions for profit in 2009 Weichai Power is obviously bullish, forecasting the valuation for its apparently very much.

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