Luxi Chemical chain to improve performance -Iota

Products

News

Office Address:	Sunmoon Science Park, 985 Xingzhong Road, High-Tech Zone, Bengbu, China
Factory Address:	Mohekou Industrial Park, Huaishang District, Bengbu, Anhui, China
Contact:	Nathan Zhang
Phone:	0086-552-19805521900
FAX:	0086-552-3822922
Mobile:	19805521900/18119733779
WebSite:	www.siliconeoil.cn www.siliconeoil.net
Email:
QQ:	729118868

News > Dynamic industry > Luxi Chemical chain to improve performance

Luxi Chemical chain to improve performance

First, the event summary
Luxi Chemical released 14 years three quarterly reporting period the company achieved revenues 9.293 billion yuan, an increase of 15.77%.
Net profit of 302 million yuan. An increase of 11.4%. Achieve EPS0.21 yuan. Among them, a single three-quarter revenue of 3.292 billion yuan. An increase of 35.13%. Net profit of 127 million yuan, an increase of 259.12%. MoM increase of 37%. Single quarter EPS0.09 yuan.
Second, the analysis and judgment
The main product prices rise, new projects, to improve the performance of the chain
Three quarters of the urea market (East) increased 6.09% more than the average price of 1533 yuan ring. Caprolactam three quarters of the market price 17,155 yuan, an increase of 5.2%. Silicone market price 16,762 yuan / ton, an increase of 5.42%. The company 250,000 tons Oxo, two 100,000 tons of formic acid are to be put into operation after July, affected the company's second quarter results improved significantly.
Nitro compound is progressing well
Nitro compound is an important agricultural fertilizer, mainly applied to tobacco, corn, fruits, vegetables, fruit trees and other crops as well as alkaline soils. The company recently nitro compound has produced 600,000 tons of qualified products, production stable; nitro compound smooth operation of the company has brought another new profit growth point.
Polycarbonate worth the wait
Polycarbonate (the PC) is a polymer molecule chain containing carbonate groups, due to the special nature of the polycarbonate structure, has now become the top five fastest growing engineering plastics in general engineering plastics. Mainly used in the manufacture of a variety of products discs, automobiles, office equipment, box, packaging, pharmaceuticals, lighting, film. PCS 13 years of domestic consumption reached 1.6 million tons in recent years, consumption growth remained at around 10%. Barriers to higher production of polycarbonate, currently only a small number of companies Bayer, Teijin, Mitsubishi stable production. Company polycarbonate project is progressing well, currently in equipment installation phase, expected a 65,000 tons of polycarbonate production will be next year in March.
Third, earnings forecasts and investment recommendations
2014-2016 the company expects EPS were 0.31,0.41 and 0.50 yuan, the current stock price corresponds to PE were 13,10 and 8 times. The company currently shares a fold near the PB, down little space, and there are multiple catalysts future, maintaining strongly recommended.

分享到

Feedback to "Iota Silicone Oil (Anhui) Co., Ltd."