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【第一创业证券】广电电气:转型带来业绩压力,但不改独特优势

第一創業 ·  Aug 1, 2012 00:00  · Researches

Profit forecast and rating profit forecast. We expect the company's EPS for 2012-2014 to be 0.17 yuan, 0.22 yuan, and 0.27 yuan, respectively. Based on current stock prices, PE is 22 times, 17 times, and 14 times, respectively. We maintain a “Prudent Recommendation” investment rating. Risk warning. The main risks are the risk of the stability of the management team and effective incentives for personnel in key positions; the risk of building a dealer system in the component business; and the risk of developing and promoting new products in the power electronics business.

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