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【航天证券】西北化工:重大资产重组、股价异动点评

[aerospace Securities] Northwest Chemical Industry: comments on major asset restructuring and stock price changes

華金證券 ·  Jan 12, 2012 00:00  · Researches

The upward energy of stock prices has been basically released. The basic earnings per share of Northwest Chemical Industry from January to October 2011 is-0.03 yuan per share, and its performance is mediocre during the listing period, so it is not surprising that it has become a shell resource. The acquisition report released by Northwest Chemical on January 12 said that according to the profit forecast issued by Guofu Horwath Accounting firm, Gansu Depco is expected to achieve a net profit of 160 million yuan in 2011 and 195 million yuan in 2012. This means that if the transaction is completed in 2012, the EPS is expected to reach 0.26 yuan per share, resulting in a significant improvement in profits. There are great differences in the valuation of listed companies in the hydropower industry. at present, the median value is between 25 and 30 times, which in turn is the reference. The reasonable share price of Northwest Chemical Industry should be between 6.5 and 7.8 yuan. At present, the upstream energy has been basically released.

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