2012年4月9日 星期一

tera power leveling respectively. Earnings forecasts and valuation - COC

129773909003593750_32Is in a stage of rapid growth of the company's power plant air cooling equipment manufacturers. 2008-2010, the compound annual growth rate in revenues and net profit of the company and 87.1%, respectively, to power plant put into production standard statistic's market share rose from 1.57% to the cent. 2011 final, order amount in hand of approximately $ 2.7 billionTo guarantee sustained and rapid development of the next two years. Increased percentage of power plant air cooling system driving rapid development of the industry. Advantages of air cooling system with water-saving, 2004, application of air cooling system in power plants rose from 3% per cent, is expected to rise further to over 50%. The "Twelve-Five" period tera power leveling, the average annual power plant air cooling systemField capacity is estimated to be $ 6.987 billion tera gold, about the "Eleven-Five" period of 2.12 times. Raising investment project will exponentially increase company productivity. Raised investment project to be put in power plant air cooling condenser project and the Center for research and development projects is planned for 2013. The project reaches the postpartum, the power plant air cooling system of production capacity from the current five growth to 3 million-kilowatt, capacity increase187% is expected to add total sales income and profit $ 1.098 billion and $ 177 million, respectively. Earnings forecasts and valuation: estimated company year 2012-2013-EPS of $, $ 2.42, refer to the comparable companies valuation, 2012 times forward earnings, a reasonable price range for 29.40-36.8. Risk factors: thermal power station construction scale declined sharply, industry competition tera power leveling, and so on. Others:

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