Guangdong Rongtai makes use of the capital market to actively transform cloud computing
Guangdong Rongtai strengthens and expands the cloud computing data center industry by using the capital market platform, and the company's strategic transformation planning chooses Internet integrated services as the key development direction in the future. We are firmly optimistic about Rongtai's development prospects in the field of IDC and cloud computing. Main recommendation logic: 1. The company has a strong will to transform, and the management is actively promoting the development of the company in the field of IDC and cloud computing, taking the lead in putting forward the concept of "Internet data release integrated service provider". 2. IDC, combined with big data and cloud computing, will provide integrated services in Internet health care, Internet finance, Internet of things, Internet of things, smart home and other fields.
Zhang Beirong Taiyun Computing Center initially plans 6000 IDC cabinets
The project is implemented by Zhangbei Rongtai, a wholly-owned subsidiary of the company. Zhangbei Rongtai is independent of Senhua Yiteng, a wholly-owned subsidiary of Guangtai, in terms of organizational structure, assets, business, personnel, finance and so on. The fund-raising project will rely in part on Senhua Yiteng to provide market, talent and technical support. The construction period of Zhangbei Rongtai project is 2017-2019. It is initially planned to have a production capacity of 2000 cabinets at the beginning of 2020, 4000 cabinets in 2021 and a complete production capacity of 6000 cabinets in 2022.
It is expected that the results of Guangdong Rongtai's three-quarter report will still increase significantly.
Affected by the continued downturn in the macroeconomic situation and low commodity prices, Rongtai's main chemical industry made a net profit of about 13.01 million yuan in the first half of the year, down from the same period last year. Senhua Yiteng achieved a total net profit of 37.01 million yuan from February to June, which effectively improved the company's business performance, mergers and acquisitions effectively changed the company's business situation, and the transformation effect gradually appeared. The company expects cumulative net profit from the beginning of the year to the end of the third quarter to have a 150% increase of 200% compared with the same period last year, mainly due to the merger of Senhua Yiteng's financial report for February-September. We think the odds are higher than expected.
Profit forecast and valuation
Combined with the company's business development and industry development, we expect Senhua Yiteng to exceed its performance commitment, and we expect its net profit from 2016 to 2018 to reach 110 million, 150 million, 200 billion. after the statement, we estimate that the net profit of Guangdong Rongtai from 2016 to 2018 is expected to reach 139 million, 197 million, 247 million. The addition of 6000 new IDC cabinets will further open up growth space for the company's future development in the field of cloud computing.