Boc International (China) Co.Ltd(601696) maintain the Zhejiang Meida Industrial Co.Ltd(002677) buy rating, and the net profit is expected to increase by 24.36% year-on-year in 2021

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On August 10, Boc International (China) Co.Ltd(601696) issued a research report to maintain the Zhejiang Meida Industrial Co.Ltd(002677) buy rating. Boc International (China) Co.Ltd(601696) predicts that the net profit attributable to the parent company in Zhejiang Meida Industrial Co.Ltd(002677) 2021 will be 676 million yuan, a year-on-year increase of 24.36%.

Main financial indicators and valuation

2021E

2022E

2023E

Net profit attributable to parent company (RMB 100 million) 676.7 million nine hundred and ninety-nine point three nine

Earnings per share (yuan) 1.051 two hundred and forty-one point four five

Net assets per share (yuan) 3.13 five hundred and forty-four point zero five

Price earnings ratio (PE) 14.312 one hundred and ten point three

Price to book ratio (PB) 4.84 twenty-three point seven

Return on net assets (%) 36.537 three hundred and thirty-eight point three

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

Zhejiang Meida Industrial Co.Ltd(002677) in the past month, it has received 17 research reports from securities companies, with an average target price of 21.45 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

2021-08-10 Founder Securities Co.Ltd(601901) - it is recommended that the industry continue to increase, benefiting the development of the company

On August 10, 2021 Huatai Securities Co.Ltd(601688) 23.54, the purchase of integrated stoves continued to grow with high profitability and toughness

2021-08-10 Boc International (China) Co.Ltd(601696) - buy 2021 semi annual report performance comments: technological innovation leads the times and profitability strives for progress while maintaining stability

On August 10, 2021 Gf Securities Co.Ltd(000776) 20.71, the performance of overweight Q2 increased slightly, and the profitability remained stable

On August 10, 2021, Cinda Securities - the investment in buying expenses increased, and the channel brand strategy consolidated its leading position

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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