Zhejiang Longsheng: dyestuff masters lead the industry upgrades

Author：admin   Date：2017-12-09

One hundred thousand tons of dyestuff technical reform projects lead the industry to upgrade the tide. The technological transformation project made the EIA index of the dye production capacity of the company in Shangyu economic and Technological Development Zone reached 243 thousand tons, which left ample room for subsequent capacity expansion. Yiqijuechen in the peer production efficiency and the environmental effect of technological transformation, and commercial dye product variety is more complete and reasonable.
The intermediate plate will become the control hand of the company in the dye industry in the future. The company energetically layout the intermediate, the production technology is advanced, the plate profit contribution degree is gradually improved. 40 thousand tons of intermediate planning project will allow the company from the demand side with H acid ester into the supply side, directly affects the production cost of industry.
The downlink situation of the textile garment industry appears to give a good external environment. The good factors of the second tire, the consumption upgrade and so on are maintained, and the prosperity of the textile industry is expected to complete the trend of development. The output of printing and dyeing cloth reached 4.7% in 16 years, for the first time in 5 years. In the first half of 17 years, it went up to 6.5%. The production and marketing of printing and dyeing enterprises will direct the increase of the consumption of dyes.
The real estate is expected to give the company a good profit. Benefiting from good ground timing and cheap financing costs, the company's current net worth of three real estate targets is expected to be up to 6 billion yuan.
Profit forecast and investment rating. The company expects EPS to be 0.79, 0.99 and 1.13 yuan in the past 17-19 years, corresponding to PE 14, 11 and 10 times, providing 17 times 16 times PE valuations, plus the net increase of real estate projects, corresponding to the target price of 14.55 yuan, maintaining the company's "strongly recommended" rating.