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Huafang Textile Lithium Battery Business Loss 310 Thousand Private Withdrawal Public Offering Disk

2010/8/31 15:18:00 47

Once bull's eye

Huafang textile

(600273, closing price of 15.25 yuan) with bright

new energy

The concept was popular in the market, but after half a year of 2010, the result was disappointing, and the company's lithium battery business lost 314 thousand and 700 yuan in the medium term.

In August 30th, Huafang textile was announced.

Semi annual report

。

Semi annual report shows that the company achieved net profit of 33 million 270 thousand yuan in the first half, an increase of 301% over the same period last year.

Despite the surge in performance, the company's new energy business, which has attracted much attention, is somewhat disappointing.

Semi annual report shows that in the main business of the company, the operating income of lithium iron phosphate power battery is only 7.86 yuan, the operating cost is 393 thousand and 300 yuan, the operating profit is -31.47 yuan, and the operating profit margin is -400.55%, which is quite different from that expected before the market.

Hou Wentao, a new energy researcher at Xiangcai securities, told the daily economic news reporter that in July he went to the company to investigate and feel that the company was general. However, the result of this semi annual report was still beyond my expectation. "I also don't know why the lithium battery revenue is so bad. It may be that the receipts have not been confirmed yet."

Wu Wenzhao, a researcher at Donghai securities, who once visited Hua Fang textile research company, learned from Huafang textile in early May that at that time, the company produced about 50 5000AH, which could assemble electric bicycles, and by July, its capacity had quadrupled to Nissan 20000AH.

But half a year ago, the lithium battery business revenue actually only 70 thousand yuan, which makes him somewhat unable to understand.

Wu Wenzhao said that it may be due to the uncertain sales revenue of lithium battery business, which may be the most optimistic understanding.

However, Wu Wenzhao continues to say that he will lower the investment rating of Huafang textile.

It is reported that in July, Wu Wenzhao published a research report on Hua Fang textile buying rating, and the target price of China Fang textile was set at 16 yuan.

Compared with semi annual report of new energy performance, the company's controlling shareholder, Huafang group, has reduced 15 million 700 thousand shares through block trading in the first half, and has accumulated more than 200 million yuan in cash.

Meanwhile, in the first quarter, 5 private equity funds listed in the top ten tradable shareholders have all been withdrawn, including 4 new value trust products made by Luo Wei, a well-known private equity manager.

In the two quarter, the large public funds, including Dacheng Fund, ICBC Credit Suisse fund and so on, were received.

Among them, the Dacheng Fund is the most radical, its total 3 funds to buy Huafang textile, total shareholding accounted for 7.41% of the total market share.