Lang Yuan Shares Increased By 14 Times In The First Quarter, Temporarily Known As The "Pre Increase".

In 2010

The announcement from the top three listed companies in the first quarter growth report shows that

Lang yuan shares low base achievement advance Wang

In February 15th, langyuan shares, which just listed in February 15th, released its performance forecast in the first quarter of this year. It is estimated that the net profit attributable to shareholders of Listed Companies in the first quarter of 2011 is 4 million 500 thousand -600 yuan, an increase of 1046.79% yuan compared with the same period last year, and the basic earnings per share is 0.042-0.056 yuan.

It is understood that the main business of langyuan shares is fresh fruit and dry fruit planting management, processing, warehousing and sales, the main products are fresh apples and raisins.

According to the Ministry of Commerce's statistics of China's food [5.47 1.67%] native and livestock import and export chamber, langyuan shares exported 22 thousand and 900 tons of fresh apples and 14 thousand and 400 tons of raisins in 2009.

In the development mode, we mainly rely on the production and marketing integrated business mode of "company + agreement base + standardization".

However, in the past year, the performance of langyuan shares has not shown explosive growth. According to its annual report, last year's total business income reached 418 million yuan, an increase of 37.49% over the same period last year. The net profit attributable to shareholders of listed companies was 49 million 119 thousand and 700 yuan, up by only 33.60% over the same period last year, and the average earnings per share were 0.61 yuan, up 29.79% over the same period last year.

Tracing back to last year's Quarterly Bulletin of langyuan shares, in the case of mediocre annual reports, the blowout of a quarterly report this year is mainly due to its low year-on-year base.

At the same time, Lang yuan shares also admitted: "the first quarter of the year is usually the traditional export off-season of the company. Therefore, in 2010, the company chose to maintain regular production equipment in the first quarter, resulting in a decline in output, resulting in lower net profit.

In the first quarter of 2011, the production of the company was normal, and the demand for fresh fruit and dried fruit products continued to grow in the international market. The volume of orders increased substantially compared with the previous years, and the price steadily increased. Therefore, the company's net profit will increase significantly.

As a result, although langyuan shares have been on the top of the current growth list, its stock price has always been in a weak position. After listing, it has been down all the way. In recent days, there has been a trend of quadruple negative trading. The 4 trading day has fallen by more than 6%.

As of last Friday, the closing price of the stock was 20.7 yuan / share, much higher than the psychological price of 14 yuan / share ~17 yuan / share issued by the company.

However, we learned from Lang yuan share that in the next three years, they will vigorously expand their capacity to achieve growth in performance.

Lang yuan shares said that in the next three years, the company will add 8600 tons of dried fruits, dried nuts, 5000 tons of nuts and 10000 tons of fresh fruit on the basis of the existing scale of fresh fruit and dried fruit, preserved fruits and nuts.

At the same time, Lang yuan shares will also raise funds as a means to introduce advanced equipment to expand the company's capacity.

With the expansion of the production scale, the cost of the company's product will be further reduced, the supply capacity and market share of the customers will be further improved, thus improving the company's comprehensive competitive ability.

In response, Li Hui, an analyst at Anxin securities, said that the construction period of the raisin, nuts and fresh fruit projects were all 1 years. It is expected that the new capacity will not contribute to the company's performance in 2011.

Meanwhile, Huang Jun, an analyst at [19.35 0.47% shares of China Merchants Securities, said that in 2012, the company began to invest in the fruit raising and investment project. It is expected that the first year's sales revenue will be 120 million yuan and the gross profit margin will be 15%.

The reasonable valuation interval is 14-16.8 yuan.

It is estimated that the net profit of the company in the 2011-2012 years is 87 million yuan and 124 million yuan respectively.

But considering that the sharp rise in Apple's purchase price last year will affect the profit this year, we are relatively cautious about the company's growth expectations.

The company's revenue in the next 2010-2012 years is 364 million yuan, 513 million yuan, and 692 million yuan respectively, with gross profit margin of 20.7%, 18.2% and 18.9%.

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Huaxi Village annual report, quarterly report double harvest

On the evening of March 9th, Huaxi Village issued its annual report for 2010, achieving a net profit of 182 million yuan, up 99.97% over the same period last year.

At the same time, Huaxi Village also announced its performance forecast for the first quarter of 2011. It expects net profit of 69 million 600 thousand -7876 yuan in the first quarter of 2011, an increase of 280% to 330% over the same period last year.

Among them, Huaxi Village said that the company's performance nearly doubled last year, because from the beginning of 9 in mid 2010, with the sharp rise in cotton prices, the market environment of the chemical fiber industry has warmed up, and the prices of chemical fiber products have also been greatly improved. During the reporting period, the gross profit of chemical fiber products was 194 million yuan, which played a major role in improving the performance.

For the first quarter of this year's performance growth of nearly 3 times good expectations, Huaxi Village said, also because of the chemical fiber industry market environment warming, the main product polyester staple fiber sales prices rose, gross profit margin increased.

On the day of its announcement, the stock rose 8.15%, but then, like Huaxi Village's trend since last year's fourth quarter, it has been in a narrow consolidation process.

It is worth noting that the stock was attracted by several fund companies in the fourth quarter of last year. Among them, the 6 core fund [1.06 0.28%] flexible hybrid funds, the Jimmy Morgan double interest balanced hybrid fund, the harvest theme selected [1.36 0.07%] hybrid fund and so on, were newly entered the top ten tradable shareholders list in the fourth quarter of last year.

At the same time, the concern of Huaxi Village securities companies is also rising, which has been given higher evaluation.

Wang Xixin, an analyst with Everbright Securities [15.80 0.70% shares, said that Huaxi Village's strong growth in the first quarter showed a continuation of the boom in 2011.

At the same time, Wang Xixin pointed out that at present, Huaxi Village has 320 thousand tons of polyester production capacity, of which the polyester staple fiber production capacity is 180 thousand -20 million tons, and the pre announcement announced the expansion of 100 thousand tons of polyester staple fiber project.

At the end of the two quarter, the company will produce 300 thousand tons of polyester staple fiber and match its polyester production capacity.

In 2011, when cotton prices were running high, we judged that with the arrival of the peak season in late March, the price of PET staple products will continue to maintain upward trend. With the release of new domestic raw materials PTA in the second half of this year, the supply of PTA will be greatly relaxed, and the profits of PTA will be pferred to the two ends of the industrial chain, polyester staple fiber and PX.

At the same time, Wang Xixin predicts that in 2011, earnings per share will reach 0.50 yuan and 0.52 yuan in 2012.

The cashmere industry's performance increased by 2 times, and the institutional pace was inconsistent.

At the same time in April 1st released the 2010 annual report and the first quarter of this year's performance forecasts, the Bank of China's cashmere industry shares around the brink line in the consolidation of half a month later, finally in April 1st and April 6th rebounded strongly.

According to the annual report of the cashmere industry, the company achieved net profit of 76 million 768 thousand and 900 yuan in 2010, an increase of 96.93% over the same period last year, and realized operating income of 1 billion 177 million yuan, an increase of 53.84% compared with the same period last year, and the earnings per share were 0.31 yuan.

At the same time, it also announced the plan of distribution, which is to pay 0.6 yuan (including tax) for every 10 shares.

Moreover, at the same time, the first quarter results released in 2011 showed that in the first quarter of this year, the cashmere industry will increase by 200%.

Last year's annual report and the first quarter of this year, the company's performance has increased significantly, the cashmere industry said that the price of cashmere products increased at home and abroad, and the sales volume and sales volume of the company increased significantly compared with the previous year. Meanwhile, the management fees and financial expenses decreased slightly, resulting in a substantial increase in performance.

However, the change of positions in the cashmere industry shows that the company was divided in the fourth quarter of last year.

Among them, the Tianjin Zhengda Jinniu equity investment fund partnership and the emerging the Great Wall [1.00 0.30%] stock fund of Xinshun the Great Wall have added the silver cashmere industry in the fourth quarter of last year, while the Huarun deep national investment A securities investment trust collection trust has sold 1 million 653 thousand and 200 shares in the fourth quarter of last year.

In terms of fundamentals, brokerage analysts remain optimistic about the stock market.

Among them, Qu Zhihang, an analyst with Huacheng securities, said that the control ability of the cashmere industry in the purchase of the original velvet is further strengthened. The marketing network will further enhance the profitability of the cashmere sweater, and the price increase will bring about performance growth in the future. He is more optimistic about the future of the company.