Soochow Securities Co.Ltd(601555) gave Zhuzhou Huarui Precision Cutting Tools.Co.Ltd(688059) overweight rating for the first time. It is expected that the net profit in 2021 will increase by 67.41% year-on-year

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On August 13, Soochow Securities Co.Ltd(601555) issued a research report and gave Zhuzhou Huarui Precision Cutting Tools.Co.Ltd(688059) an overweight rating for the first time. Soochow Securities Co.Ltd(601555) predicts that the net profit attributable to the parent company in Zhuzhou Huarui Precision Cutting Tools.Co.Ltd(688059) 2021 will be 149 million yuan, a year-on-year increase of 67.41%.

Main financial indicators and valuation

2021E

2022E

2023E

Total operating revenue (100 million yuan) 502.7 million yuan two hundred and nineteen point four

Net profit attributable to parent company (100 million yuan) 149.2 million yuan one hundred and thirty-two point seven seven

Earnings per share (yuan) 3.394 eight hundred and fifty-six point three

Net assets per share (yuan) 12.5617 one thousand six hundred and twenty-three point one three

Price earnings ratio (PE) 463225

Price to book ratio (PB) 12.329 sixteen point six nine

Return on net assets (%) 2728.327 two

Note: the data is obtained from the text of the research report.

Zhuzhou Huarui Precision Cutting Tools.Co.Ltd(688059) six research reports of securities companies have been paid attention to in recent months, with an average target price of 186.51 yuan. According to the reverse order of the release date of the research report, the latest research report data of the five securities companies are shown in the table below:

Research report date

Organization abbreviation

Target price

This rating

details

2021-08-13 Soochow Securities Co.Ltd(601555) – the process of increasing shareholding and localization is accelerated, and the new star of NC tools can be expected in the future

2021-08-11 China Galaxy Securities Co.Ltd(601881) – it is recommended that the performance in the first half of the year grow rapidly and the profitability is greatly improved

2021-08-10 Huaxi Securities Co.Ltd(002926) – increased holdings of the first echelon of cemented carbide CNC tools, and capacity expansion helped take off

2021-08-02 Gf Securities Co.Ltd(000776) 173.21 increased holdings of leading enterprises of cemented carbide cutting tools, and the performance continued to grow at a high level

2021-08-02 Southwest Securities Co.Ltd(600369) 199.8 buying profitability continued to improve, and the performance increased significantly, which was in line with expectations

Disclaimer: This article is based on big data production and is for reference only. It does not constitute any investment suggestions. Therefore, the operator shall bear the operational risk.

 

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