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Tongyu Main Product:glue gun ,glue stick Technic sustaining:Hangzhou Chuangyi

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Chengtai electrical: low voltage electrical demand

Researchers report that in 2011, the low voltage electrical demand is strong, the company revenue growth, the macro economic fluctuation is small. Low voltage electrical demand and the social fixed assets investment was positively associated or not depends largely on the macro economic situation. The traditional product class and rural reform and security room construction fit high, glue gun pulled by the obvious.


First 8 months commodity prices to rise rapidly business cost constitutes pressure, three quarters of annulus comparing began to improve. In the previous three quarters of profit growth below revenue,glue stick mainly by the copper, silver, steel and plastic raw material prices down, but the company in April prices and commodity prices on the 8-September slump, expected gross profit margin will improve the annulus. The company option price of 22.03 yuan authority, 16 yuan of the following safety marginal high, the proposal on low layout. Forecast of 2011-2013 diluted EPS were 0.73 yuan, 1.01 yuan and 1.21 yuan, corresponding current share prices were 21.64 times p/e ratio, 15.70 times, 13.03 times, give "recommended" rating.
 

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