Guotai Junan Securities Co.Ltd(601211) maintain the target price of Fuyao Glass Industry Group Co.Ltd(600660) overweight rating of 64.13 yuan

On August 6, Guotai Junan Securities Co.Ltd(601211) issued a research report, maintaining the Fuyao Glass Industry Group Co.Ltd(600660) overweight rating, with a target price of 64.13 yuan. As of the reporting date, the latest closing price of the company was 53.52 yuan, 19.82% higher than the target price. Guotai Junan Securities Co.Ltd(601211) predicts that the net profit attributable to the parent company in Fuyao Glass Industry Group Co.Ltd(600660) 2021 will be 4.108 billion yuan, a year-on-year increase of 57.95%.

Main financial indicators and valuation

2021E

2022E

2023E

Total operating revenue (100 million yuan) 23.074266 billion yuan thirty-two thousand two hundred and ninety-one point zero five

Net profit attributable to parent company (RMB 100 million) 410855 four thousand four hundred and sixty-four point three six

Earnings per share (yuan) 1.572 one hundred and twenty-two point four seven

Price earnings ratio (PE) 34.325 four thousand one hundred and twenty-one point eight nine

Price to book ratio (PB) 5.985 four hundred and fourteen point eight seven

Return on net assets (%) 17.421 three hundred and twenty-two point two

Return on total assets (%) 9.812 six hundred and thirteen point seven

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

Fuyao Glass Industry Group Co.Ltd(600660) in the past month, it has attracted the attention of 9 research reports of securities companies, with an average target price of 70.19 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

2021-08-06 Guotai Junan Securities Co.Ltd(601211) 64.13 increased holdings in 2021 interim report comments: the performance exceeded expectations, and the profit of American factories hit a record high

On August 6, 2021, Ping An Securities – recommended high value-added products continued to increase in proportion

August 6, 2021 Dongguan Securities – Recommended comments on the 2021 interim report: the cost has been effectively controlled, and the H1 net profit has increased year-on-year

2021-08-06 Tianfeng Securities Co.Ltd(601162) – buying performance meets expectations, and high growth continues

2021-08-06 Soochow Securities Co.Ltd(601555) – buy 2021 interim report comments: Q2 Profit + 81% year-on-year, gross profit margin improved year-on-year

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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