Jiahua Energy (600273): Sulfonated Pharmaceuticals Are Developing Rapidly, And Hydrogen Energy Business Opens Up Space For Growth.
Soochow Securities pointed out that the company is a high-quality diversified energy and chemical enterprise. The company is the only steam supplier in the park. Chlor alkali industry chain has the advantages of low cost and integration. Sulfonated medicine series has become a new engine for company development. Hydrogen business is expected to open up room for growth. It is estimated that the 2019-2021 year revenue of the company is 57.08 yuan, 6 billion 232 million yuan and 7 billion 512 million yuan respectively, and the net profit to the parent company is 1 billion 243 million yuan, 1 billion 370 million yuan and 1 billion 709 million yuan respectively. EPS is 0.87 yuan, 0.96 yuan and 1.19 yuan respectively, and the current stock price corresponding to PE is 12X, 11X and 9X respectively.
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