The hottest high-end equipment leader for Taiyuan

Taiyuan Heavy Industry: take off the leader of high-end equipment in the 12th Five Year Plan

Taiyuan Heavy Industry: take off the leader of high-end equipment in the 12th Five Year Plan

China Construction machinery information

Guide: Taiyuan Heavy Industry rose the limit, with a turnover rate of 9.76%. The company is a leading enterprise of high-end equipment in China. Facing the upcoming 12th Five Year Plan, the company has launched a drastic industrial structure adjustment with the help of the opportunity of the state to vigorously support the industry of high-end equipment manufacturing. On the basis of making the original main business bigger and stronger, vigorously expand

Taiyuan Heavy Industry rose by the daily limit, with a turnover rate of 9.76%. The company is a leading enterprise of high-end equipment in China. Facing the upcoming "12th Five Year Plan", the company has launched a drastic industrial structure adjustment with the help of the opportunity of the state to vigorously support the industry of high-end equipment manufacturing. On the basis of making the original main business bigger and stronger by average value, vigorously expand new energy equipment such as wind power, coal chemical industry, nuclear power, etc. It shows that the company's annual comprehensive earnings per share are predicted to be 0.86 yuan, 1.07 yuan and 1.43 yuan respectively, corresponding to dynamic P/E ratios of 25, 20 and 15 times; At present, a total of 11 analysts are following up, 7 analysts suggested "strong buying", and 4 analysts suggested "buying". On the 24th, the national billet market price was stable and weakening, and the rating coefficient was 1.36

the construction project of Lingang heavy equipment development base is the engine of the company's high growth in the next three years. The company's Tianjin port base construction project focuses on new energy equipment such as wind power, nuclear power and coal chemical industry. Its products are high-end and oriented to the international market. Phase I plans to enter trial production at the end of 2011 and start to contribute to performance in 2012. The ultimate goal is to achieve a sales scale of 10 billion yuan, which is an important foundation for consolidating the company's internationalization strategy and the doubling goal of the "12th Five Year Plan"

large castings and forgings project is the acceleration of the company's sustained high growth. The company invested 1.5 billion yuan in the construction of large castings and forgings localization research and development technology transformation project, which is expected to be completed and put into operation by the end of 2011. After completion, Taizhong will have a 12500 ton oil press and its supporting equipment, forming an annual production capacity of 50000 tons of castings and 65000 tons of forgings, mainly producing power station castings and forgings, rolls, containers, etc. The goal is to contribute sales revenue of 3 billion yuan and total profit of 250million yuan

the speed of high-speed train axle localization projects catching up with high-speed rail is increasing. Behind the rapid development of China's high-speed railway construction, the import of important core components is completely dependent on the implementation of the "five development concepts" pilot area, of which the axle of high-speed railway mainly depends on import. Therefore, the company plans to privately issue 180million shares to invest in the localization project of high-speed train axles, which is planned to be completed and put into operation in 2012, with a target new sales scale of 2billion yuan. The company is about to get on the high-speed rail

the stable growth of the original main business is the basis for the company's sustained high growth. It is mixed on a 170 ℃ double roller plasticizer for 5min. In 2010, iron and steel metallurgical equipment was under great downward pressure, but non iron and steel metallurgical equipment accounting for more than 75% increased significantly, driving the company to achieve a high growth of more than 20% for the whole year. We judge that in 2011 and beyond, the iron and steel metallurgical equipment of the company will tend to be stable, while the non iron and steel metallurgical equipment accounting for more than 75% will continue to grow at a high rate, especially the 1.5 MW and 2.0 MW wind power transmission entering mass production, which marks a major breakthrough in the expansion of the company's new energy equipment and the further upgrading of the product structure to the high end

the further upgrading of products to high-end equipment manufacturing industries such as wind power, nuclear power and high-speed railway axles is the main driver of the company's high growth. It is expected that the compound growth rate of the company's net profit in the next three years will be 47.51%, giving the company a reasonable share price of 32.72 yuan, maintaining a buy investment rating. At the same time, it is pointed out that the launch of the 12th Five Year Plan and policies related to supporting major equipment is a major catalyst for the company's share price

the main risk factors faced by the company are the uncertainty of the impact of price fluctuations of raw materials such as steel, the uncertainty of the impact of international and domestic macroeconomic fluctuations, and the uncertainty of product research and development and market expansion of Tianjin port base project and high-speed train axle localization project