First Shanghai maintain Shenzhen buy rating sexinse

The first Shanghai Shenzhen holding: maintain buy rating hot column capital flows thousands of thousands of stocks the latest Rating Rating diagnosis simulated trading client sina finance App: Live on-line blogger to tutor Sina Hong Kong APP: real time market exclusive reference stocks also worth the investment? What’s the problem? Where is the future of the way out? Sina launched the "Hong Kong Hong Kong stocks as well as unattractive" discussion, with a rational and constructive attitude, welcome attention to Hong Kong stocks, concern of the capital market, Hong Kong stocks together for suggestions, seek the Hong Kong stock market tomorrow. Please to hkstock_biz@sina. The interim review company 1H2016 recorded sales revenue of HK $6 billion 380 million (the same below), an increase of 1.6%, gross margin fell 0.2 percentage points to 33.8%, the property transferred gross margin declined 0.5 percentage points to 36.5%, remained stable overall; during the period the company transferred property in Shenzhen and other first-tier cities carryover income accounted for only 56% (78% for the same period last year), but the 3 line city property transfer gross margin improved significantly. During the period the company recorded a net profit attributable to shareholders of 1 billion 650 million yuan, an increase of 68%, core profit (removal of 526 million yuan cheap gains, and the changes in the fair value of investment property) 589 million yuan, an increase of 34.6%, mainly due to joint venture and joint venture company with a profit of 292 million yuan, an increase of 120% (including the Tang Lang city project and Tianan digital city should be accounted for 143 million yuan and 65 million yuan of profits), and lower tax rate (presumably because 1H2016 transfer industry accounted for between project and the absolute amount is greatly reduced). 18 billion 500 million contract sales target is expected to reach the successful completion of the company in July before the contract sales totaled 14 billion 600 million yuan, has completed the annual target of 79%. In the first half of the year exceeded sales target, the company will be part of available resources will be postponed until next year, but can be used to complete the annual sales target of the available resources are still abundant, the second half of available resources include: deep industry city industrial building surplus value of about 1 billion 500 million yuan, Tang Lang city apartments and office products and the value of about 45-50 billion yuan, and in August to push the Dongling industry (70 homes has been basically sold out), we expect the company in 2016 contract sales of about 19 billion, to achieve the goal of the year, compared to the 2015 contract sales increased by 19% year on year. Stable revenue growth, gross margin expansion, the growth performance is more stable companies in the second half to be transferred and resources, a conservative estimate in Shenzhen can transfer resources of about 900-1000 billion yuan, according to our sales forecast carryover (see Appendix 1), the next three years the company property transfer income growth will be maintained at 15%-20% the interval, as in Shenzhen, about 600 thousand square meters of quality investment have been completed, the company will appear soon on rental income相关的主题文章: