# 0116 周生生,現價 $18.32,2016 FY,銷售 -15.6%,盈利-34.3%,每股盈利 $1.1 -20.0%,市盈率 16.7 倍,派息 $0.43 息率 2.3%,每股現金 $1.42。

Recovering in China

# 0322 康師傅控股,現價 $9.76,2016 FY,銷售 -8.0%,盈利-31.0%,每股盈利 $0.245 -31.0%,市盈率 39.9 倍,派息 $0.122 息率 1.3%,每股現金 $-0.85。

Shall be bottomed

# 0354 中國軟件國際,現價 $4.47,2016 FY,銷售 +32.3%,盈利+57.9%,每股盈利 $0.221 +91.0%,市盈率 20.2 倍,派息 $0.0136 息率 0.3%,每股現金 $0.18。

not many remain profitable in the sector, due to competitive environment and staff cost increase, this is one of the exception

# 0468 紛美包裝,現價 $3.89,2016 FY,銷售 -2.2%,盈利+5.4%,每股盈利 $0.282 +6.1%,市盈率 13.8 倍,派息 $0.23 息率 5.9%,每股現金 $0.53。

a bit boring

# 0512 遠大醫藥,現價 $1.91,2016 FY,銷售 +13.9%,盈利+48.8%,每股盈利 $0.131 +41.6%,市盈率 14.6 倍,不派息,每股現金 $-0.96。

no comment

# 0609 天德化工,現價 $1.95,2016 FY,銷售 +12.6%,盈利+27.4%,每股盈利 $0.281 +24.2%,市盈率 6.9 倍,派息 $0.12 息率 6.2%,每股現金 $0.20。

seems a very good small cap, management give +ve guidance

# 0819 天能動力,現價 $7.06,2016 FY,銷售 +20.7%,盈利+40.5%,每股盈利 $0.856 +38.1%,市盈率 8.3 倍,派息 $0.256 息率 3.6%,每股現金 $1.16。

reduce dividend, market a bit disappointing

# 0822 嘉瑞國際,現價 $0.58,2016 FY,銷售 +13.2%,每股盈利 $0.0843,市盈率 6.9 倍,派息 $0.02 息率 3.4%,每股現金 $-0.30。

finally recovering but market confidence is still low

# 0951 超威動力,現價 $5.20,2016 FY,銷售 +13.7%,盈利+51.9%,每股盈利 $0.546 +48.1%,市盈率 9.5 倍,派息 $0.0768 息率 1.5%,每股現金 $-2.75。

poor 2H result and reducing dividend.

# 0981 中芯國際,現價 $9.62,2016 FY,銷售 +30.3%,盈利+48.6%,每股盈利 $0.686,市盈率 14.0 倍,不派息。

inline but analyst sing bad, china policy hope

# 1112 合生元,現價 $25.85,2016 FY,銷售 +35.0%,盈利+280.7%,每股盈利 $1.53 +229.9%,市盈率 16.9 倍,不派息,每股現金 $-8.25。

strong 2H, more debt due to M&A. margin very high while peers all dead.

# 1126 德林國際,現價 $2.67,2016 FY,銷售 +18.6%,盈利+96.0%,每股盈利 $0.437 +96.0%,市盈率 6.1 倍,派息 $0.04 息率 1.5%,每股現金 $0.63。

strong 2H but biz not very stable usually. but almost the last one in the sector making profit.

# 1136 台泥國際集團,現價 $2.46,2016 FY,銷售 +4.6%,每股盈利 $0.031,市盈率 79.4 倍,派息 $0.01 息率 0.4%。

market still hope for another privatization

# 1599 城建設計,現價 $4.87,2016 FY,銷售 +27.0%,盈利+18.7%,每股盈利 $0.419 +18.7%,市盈率 11.6 倍,派息 $0.113 息率 2.3%,每股現金 $0.68。

good result, cash level lowered due to PPP investment, good MTR proxy play

# 1610 中糧肉食,現價 $1.88,2016 FY,銷售 +0.0%,每股盈利 $0.258,市盈率 7.3 倍,不派息,每股現金 $-0.29。

don’t know how to comment

# 1617 南方通信,現價 $1.92,2016 FY,銷售 +31.6%,盈利+38.6%,每股盈利 $0.121 +65.7%,市盈率 15.9 倍,派息 $0.027 息率 1.4%,每股現金 $0.44。

….

# 1799 新特能源,現價 $6.70,2016 FY,銷售 +27.1%,盈利+30.9%,每股盈利 $0.867 +28.5%,市盈率 7.7 倍,派息 $0.136 息率 2.0%,每股現金 $-7.39。

quite stable in number but increasing debts for working capital, not a solid play

# 1866 中國心連心化肥,現價 $2.27,2017 Q1 est,盈利+80.0%,每股盈利 $0.071,市盈率 8.0 倍,不派息。

recovering in Q1

# 2120 康寧醫院,現價 $36.55,2016 FY,銷售 +21.0%,盈利+23.0%,每股盈利 $1.06,市盈率 34.4 倍,派息 $0.282 息率 0.8%。

not cheap as usual

# 2298 都市麗人,現價 $2.33,2016 FY,銷售 -8.9%,盈利-55.2%,每股盈利 $0.143 -55.2%,市盈率 16.2 倍,派息 $0.0621 息率 2.7%,每股現金 $0.37。

real OT feel

# 2313 申洲國際,現價 $49.05,2016 FY,銷售 +19.5%,盈利+25.2%,每股盈利 $2.38 +25.2%,市盈率 20.6 倍,派息 $1.55 息率 3.2%,每股現金 $4.38。

super company, but a bit expensive

# 2588 中銀航空租賃,現價 $41.45,2016 FY,銷售 +9.4%,盈利+21.8%,每股盈利 $4.98 +10.4%,市盈率 8.3 倍,派息 $1.4 息率 3.4%,每股現金 $-92.18。

hard to understand

# 3337 安東油田服務,現價 $0.92,2016 FY,銷售 -11.8%,每股盈利 $-0.0814,市盈率 -11.3 倍,不派息,每股現金 $-0.85。

bottom ?…

# 3969 中國通號,現價 $6.26,2016 FY,銷售 +22.8%,盈利+22.2%,每股盈利 $0.392 +7.2%,市盈率 16.0 倍,派息 $0.113 息率 1.8%,每股現金 $1.89。

strong result, good MTR proxy

# 6833 興科蓉醫藥,現價 $0.55,2016 FY,銷售 -21.6%,盈利-72.2%,每股盈利 $0.0254 -48.2%,市盈率 21.6 倍,不派息,每股現金 $0.07。

wa

# 6836 天韻國際控股,現價 $0.73,2016 FY,銷售 +18.0%,盈利+32.9%,每股盈利 $0.146 +16.3%,市盈率 5.0 倍,派息 $0.041 息率 5.6%,每股現金 $0.14。

seems difficult to gain market trust

# 6865 福萊特玻璃,現價 $1.75,2016 FY,銷售 +1.3%,盈利+39.7%,每股盈利 $0.38 +39.7%,市盈率 4.6 倍,派息 $0.106 息率 6.1%,每股現金 $0.28。

family biz

# 8361 中國育兒網絡,現價 $2.46,2016 Q3,銷售 +11.0%,盈利+28.9%,每股盈利 $0.036 +9.6%,市盈率 51.3 倍,不派息。

expensive .

# 0047 合興集團,現價 $0.21,2016 FY,銷售 +2.0%,盈利+89.4%,每股盈利 $0.0126 +91.3%,市盈率 16.6 倍,派息 $0.0062 息率 3.0%,每股現金 $0.05。

+ve tax policy still not full reflected

# 0229 利民實業,現價 $1.10,2016 FY,銷售 +3.1%,盈利+40.4%,每股盈利 $0.107 +39.3%,市盈率 10.3 倍,派息 $0.08 息率 7.3%,每股現金 $0.53。

turnaround

# 0285 比亞迪電子,現價 $10.80,2016 FY,銷售 +25.4%,盈利+35.8%,每股盈利 $0.619 +35.8%,市盈率 17.5 倍,派息 $0.078 息率 1.4%,每股現金 $1.61。

strong result, but pretty abnormal price movement on friday.

# 0319 勤美達國際,現價 $2.44,2016 FY,銷售 -2.1%,盈利+6.2%,每股盈利 $0.329 +7.0%,市盈率 7.4 倍,派息 $0.219 息率 9.0%,每股現金 $0.01。

no sp div, average outlook

# 0357 航基股份,現價 $6.89,2016 FY,銷售 +13.7%,盈利-10.4%,每股盈利 $0.938 -10.4%,市盈率 7.3 倍,派息 $0.189 息率 2.7%,每股現金 $-2.17。

unbelievable

# 0489 東風集團股份,現價 $8.73,2016 FY,銷售 -3.3%,盈利+15.6%,每股盈利 $1.75 +15.6%,市盈率 5.0 倍,派息 $0.26 息率 3.0%,每股現金 $2.86。

forever cheap

# 0520 呷哺呷哺,現價 $5.81,2016 FY,銷售 +13.8%,盈利+39.7%,每股盈利 $0.392 +40.2%,市盈率 14.8 倍,派息 $0.156 息率 2.7%,每股現金 $1.63。

strong result, +ve tax policy still not fully reflected

# 0579 京能清潔能源,現價 $2.37,2016 FY,銷售 +2.0%,盈利+2.4%,每股盈利 $0.322 +2.4%,市盈率 7.4 倍,派息 $0.0836 息率 3.5%,每股現金 $-2.80。

… cheap but no growth

# 0733 合富輝煌,現價 $2.39,2016 FY,銷售 +43.7%,盈利+35.3%,每股盈利 $0.451 +67.2%,市盈率 5.3 倍,派息 $0.12 息率 5.0%,每股現金 $2.24。

… looks cheap enough

# 0826 天工國際,現價 $0.87,2016 FY,銷售 -1.6%,盈利+52.3%,每股盈利 $0.0563 +52.3%,市盈率 15.5 倍,派息 $0.0113 息率 1.3%,每股現金 $-0.87。

guts

# 0906 中糧包裝,現價 $4.58,2016 FY,銷售 +2.3%,盈利+4.0%,每股盈利 $0.316 -1.5%,市盈率 14.5 倍,派息 $0.142 息率 3.1%,每股現金 $-1.46。

increasing dividend  … just because of the employee investment program … wtf

# 0958 華能新能源,現價 $2.69,2016 FY,銷售 +25.6%,盈利+43.0%,每股盈利 $0.309 +43.0%,市盈率 8.7 倍,派息 $0.0463 息率 1.7%,每股現金 $-6.28。

increasing debt, forever trapped until placement done

# 1100 飛達控股,現價 $1.60,2016 FY,銷售 -0.1%,盈利+36.2%,每股盈利 $0.179 +36.0%,市盈率 8.9 倍,派息 $0.05 息率 3.1%,每股現金 $0.49。

hard to predict

# 1110 金活醫藥集團,現價 $1.29,2016 FY,銷售 +47.7%,盈利+50.5%,每股盈利 $0.0816 +58.4%,市盈率 15.8 倍,派息 $0.0295 息率 2.3%,每股現金 $0.03。

not much real growth in pass several years

# 1133 哈爾濱電氣,現價 $4.48,2016 FY,銷售 +23.1%,盈利+110.6%,每股盈利 $0.339 +110.6%,市盈率 13.2 倍,派息 $0.0339 息率 0.8%,每股現金 $10.38。

peers all die ….

# 1193 華潤燃氣,現價 $27.50,2016 FY,銷售 +0.3%,盈利+15.9%,每股盈利 $1.51 +15.9%,市盈率 18.2 倍,派息 $0.45 息率 1.6%,每股現金 $-1.23。

… complicated

# 1199 中遠海運港口,現價 $8.58,2016 FY,銷售 +1.1%,每股盈利 $0.643 -43.1%,市盈率 13.3 倍,派息 $0.258 息率 3.0%,每股現金 $-1.46。

average

# 1203 廣南(集團),現價 $1.15,2016 FY,銷售 -9.4%,盈利+63.7%,每股盈利 $0.11 +1.9%,市盈率 10.4 倍,派息 $0.04 息率 3.5%,每股現金 $1.24。

boss too cheap, hold too much cash forever

# 1211 比亞迪股份,現價 $43.10,2016 FY,銷售 +30.0%,盈利+67.0%,每股盈利 $2.11,市盈率 20.4 倍,派息 $0.206 息率 0.5%。

policy …

# 1292 長安民生物流,現價 $6.00,2016 FY,銷售 +12.7%,盈利-52.5%,每股盈利 $0.788 -52.5%,市盈率 7.6 倍,派息 $0.113 息率 1.9%,每股現金 $8.15。

too much cash, forever declining in margin

# 1347 華虹半導體,現價 $10.90,2016 FY,銷售 +11.0%,盈利+14.5%,每股盈利 $0.966 +14.5%,市盈率 11.3 倍,派息 $0.3 息率 2.8%,每股現金 $4.31。

low end but fast growing

# 1575 慕容控股,現價 $1.68,2016 FY,銷售 +1.6%,盈利-2.9%,每股盈利 $0.11 +26.8%,市盈率 15.3 倍,派息 $0.105 息率 6.3%,每股現金 $0.02。

… new model to cheat money ? anyway, sector too many OT

# 1579 頤海國際,現價 $3.35,2016 FY,銷售 +28.4%,盈利+49.9%,每股盈利 $0.232 +66.8%,市盈率 14.5 倍,派息 $0.0403 息率 1.2%,每股現金 $1.10。

??

# 1661 智美體育,現價 $1.84,2016 FY,銷售 -29.4%,盈利+83.8%,每股盈利 $0.0614 +58.9%,市盈率 30.0 倍,不派息,每股現金 $0.41。

gelong stock… very bad number indeed

# 2196 復星醫藥,現價 $28.60,2016 FY,銷售 +16.0%,盈利+14.1%,每股盈利 $1.07 +37.0%,市盈率 26.6 倍,派息 $0.396 息率 1.4%,每股現金 $-1.79。

fair valuation

# 2317 味丹國際,現價 $0.98,2016 FY,銷售 -0.1%,盈利+86.0%,每股盈利 $0.115 +86.0%,市盈率 8.5 倍,派息 $0.115 息率 11.7%,每股現金 $0.26。

no idea

# 2666 環球醫療,現價 $7.05,2016 FY,銷售 +23.1%,盈利+32.5%,每股盈利 $0.574 +32.5%,市盈率 12.3 倍,派息 $0.17 息率 2.4%,每股現金 $1.27。

hospital concept but too many blowing

# 3339 中國龍工,現價 $2.35,2016 FY,銷售 +6.6%,盈利+296.2%,每股盈利 $0.122 +296.2%,市盈率 19.3 倍,派息 $0.062 息率 2.6%,每股現金 $0.54。

… hmm… sector seems only this profitable

# 3669 永達汽車,現價 $7.29,2016 FY,銷售 +20.7%,盈利+62.3%,每股盈利 $0.65 +62.3%,市盈率 11.2 倍,派息 $0.19 息率 2.6%,每股現金 $-3.40。

strong result, outlook positive but rised quite a bit

# 0144 招商局港口,現價 $22.75,2016 FY,銷售 -3.1%,每股盈利 $1.45 +2.7%,市盈率 15.7 倍,派息 $0.87 息率 3.8%,每股現金 $-2.93。

not a bad result and potential recovering of valuation

# 0157 自然美,現價 $0.87,2016 FY,銷售 -6.3%,盈利+8.5%,每股盈利 $0.0741 +8.5%,市盈率 11.7 倍,派息 $0.124 息率 14.2%,每股現金 $0.22。

good value to wait for recovering

# 0258 湯臣集團,現價 $3.89,2016 FY,銷售 +51.4%,盈利+64.1%,每股盈利 $0.361 +54.4%,市盈率 10.8 倍,派息 $0.43 息率 11.1%,每股現金 $11.02。

good discount and yield play for prc properry

# 0270 粵海投資,現價 $11.08,2016 FY,銷售 +14.1%,盈利+7.9%,每股盈利 $0.659 +8.3%,市盈率 16.8 倍,派息 $0.42 息率 3.8%,每股現金 $3.29。

good defensive

# 0460 四環醫藥,現價 $2.95,2016 FY,銷售 +0.6%,盈利-17.2%,每股盈利 $0.19 -15.4%,市盈率 15.5 倍,派息 $0.105 息率 3.6%,每股現金 $0.59。

recovering, guts.

# 0696 中國民航信息網絡,現價 $18.36,2016 FY,銷售 +13.7%,盈利+26.5%,每股盈利 $0.935 +26.5%,市盈率 19.6 倍,派息 $0.251 息率 1.4%,每股現金 $2.98。

very much protected

# 0750 興業太陽能,現價 $3.50,2016 FY,銷售 +25.3%,盈利+41.0%,每股盈利 $0.689 +88.8%,市盈率 5.1 倍,派息 $0.07 息率 2.0%,每股現金 $-3.90。

keep increasing debt and working capital

# 0921 海信科龍,現價 $11.40,2016 FY,銷售 +13.0%,盈利+86.0%,每股盈利 $0.904,市盈率 12.6 倍,派息 $0.339 息率 3.0%。

prefer A share peers/sector relatives

# 1006 長壽花食品,現價 $4.00,2016 FY,銷售 +15.3%,盈利+24.9%,每股盈利 $0.519 +24.9%,市盈率 7.7 倍,派息 $0.1 息率 2.5%,每股現金 $1.66。

… improving biz, but not much attention from market

# 1181 唐宮中國,現價 $2.84,2016 FY,銷售 +14.7%,盈利+107.9%,每股盈利 $0.269 +106.6%,市盈率 10.5 倍,派息 $0.27 息率 9.5%,每股現金 $1.26。

+tax policy not fully reflected, quality company

# 1184 時捷集團,現價 $1.99,2016 FY,銷售 -8.2%,盈利+150.6%,每股盈利 $0.221 +49.8%,市盈率 9.0 倍,派息 $0.15 息率 7.5%,每股現金 $-1.76。

strong 2H

# 2005 石四藥集團,現價 $3.09,2016 FY,銷售 +6.3%,盈利+21.4%,每股盈利 $0.173 +25.0%,市盈率 17.9 倍,派息 $0.08 息率 2.6%,每股現金 $-0.39。

recovering … and catching up after result

# 2319 蒙牛乳業,現價 $16.10,2016 FY,銷售 +9.7%,每股盈利 $0.4 -41.9%,市盈率 40.3 倍,派息 $0.101 息率 0.6%,每股現金 $0.94。

shall be better this year, historically execution was too bad.

# 2338 濰柴動力,現價 $13.72,2016 FY,銷售 +25.6%,盈利+72.9%,每股盈利 $0.69 +72.9%,市盈率 19.9 倍,派息 $0.282 息率 2.1%,每股現金 $-4.47。

2H strong recovery with sector

# 2341 中怡精細化工,現價 $1.69,2016 FY,銷售 +6.0%,盈利+70.0%,每股盈利 $0.253,市盈率 6.7 倍,派息 $0.048 息率 2.8%。

# 3983 中海石油化學,現價 $2.50,2016 FY,銷售 -20.3%,每股盈利 $-0.0528,市盈率 -47.4 倍,派息 $0.0565 息率 2.3%,每股現金 $0.81。
all expect a strong recovery this year as commodities price increased a lot

# 0371 北控水務集團,現價 $5.76,2016 FY,銷售 +28.5%,盈利+31.4%,每股盈利 $0.338 +29.1%,市盈率 17.1 倍,派息 $0.119 息率 2.1%,每股現金 $-2.38。

# 0552 中國通信服務,現價 $5.09,2016 FY,銷售 +9.3%,盈利+8.7%,每股盈利 $0.414 +8.7%,市盈率 12.3 倍,派息 $0.149 息率 2.9%,每股現金 $2.72。

cash flow improving, lead the big 3 since 2016 May:

market start worried capex reduction this year.

# 0560 珠江船務,現價 $1.98,2016 FY,銷售 -5.0%,盈利+21.4%,每股盈利 $0.298 +13.5%,市盈率 6.6 倍,派息 $0.09 息率 4.5%,每股現金 $0.48。

biz improving steadily and traded at historical low range

# 0573 稻香控股,現價 $2.24,2016 FY,銷售 -5.7%,盈利+3.8%,每股盈利 $0.175 +4.2%,市盈率 12.8 倍,派息 $0.16 息率 7.1%,每股現金 $0.33。

not much growth, will become an utility stock

# 0934 中石化冠德,現價 $4.22,2016 FY,銷售 -13.6%,盈利-2.1%,每股盈利 $0.404 -2.1%,市盈率 10.4 倍,派息 $0.07 息率 1.7%,每股現金 $-2.11。

relatively cheap compared to peers but affected more by policy

# 1128 永利澳門,現價 $15.82,2016 FY,銷售 +15.7%,盈利-40.4%,每股盈利 $0.276 -40.4%,市盈率 57.3 倍,派息 $0.42 息率 2.7%,每股現金 $-5.73。

where is the sp div 0.6 ? analysts blowing always wrong. this year shall have good growth

# 1606 國銀租賃,現價 $1.98,2016 FY,銷售 +1.7%,盈利+48.3%,每股盈利 $0.14 +48.3%,市盈率 14.2 倍,派息 $0.0628 息率 3.2%。

1848 looks very much overvalued, while 1606 seems lowest quality.

# 1681 康臣葯業,現價 $4.50,2016 FY,銷售 +47.2%,盈利+23.2%,每股盈利 $0.362 +26.0%,市盈率 12.4 倍,派息 $0.2 息率 4.4%,每股現金 $0.81。

declining valuation …

# 2398 友佳國際,現價 $1.68,2016 FY,銷售 +9.3%,盈利+31.8%,每股盈利 $0.17 +31.8%,市盈率 9.9 倍,不派息,每股現金 $-0.39。

recovering but at the same time cut dividend

# 3808 中國重汽,現價 $5.83,2016 FY,銷售 +16.4%,盈利+158.4%,每股盈利 $0.218 +158.4%,市盈率 26.8 倍,派息 $0.08 息率 1.4%,每股現金 $3.01。

hard to give a proper valuation

# 3828 明輝國際,現價 $1.06,2016 FY,銷售 -0.8%,每股盈利 $0.145 -34.9%,市盈率 7.3 倍,派息 $0.06 息率 5.7%,每股現金 $0.68。

not as attractive affer pushed for sp dividend

# 3993 洛陽鉬業,現價 $2.75,2016 FY,銷售 +65.6%,盈利+31.1%,每股盈利 $0.0668 +18.2%,市盈率 41.2 倍,派息 $0.0396 息率 1.4%,每股現金 $-1.75。

quality company, cobalt play

# 6822 科勁國際,現價 $1.27,2016 FY,銷售 -2.1%,盈利-18.2%,每股盈利 $0.191 -18.2%,市盈率 6.6 倍,派息 $0.12 息率 9.4%,每股現金 $0.60。

very strange company, not welcome analysts

# 8049 吉林長龍藥業,現價 $2.19,2016 FY,銷售 +21.0%,盈利+21.0%,每股盈利 $0.288,市盈率 7.6 倍,不派息。

… recovering, but too little attention

# 0098 興發鋁業,現價 $3.62,2016 FY,銷售 +12.0%,盈利+12.3%,每股盈利 $0.807 +12.3%,市盈率 4.5 倍,不派息,每股現金 $-3.10。

want privatization at this price … ha.

# 0581 中國東方集團,現價 $2.31,2016 FY,銷售 +25.4%,每股盈利 $0.278,市盈率 8.3 倍,派息 $0.15 息率 6.5%,每股現金 $-0.10。

quality company, discounted to peers, shall have more up side

# 1293 寶信汽車,現價 $3.94,2016 FY,銷售 +8.1%,盈利+89.6%,每股盈利 $0.159 +75.1%,市盈率 24.7 倍,不派息,每股現金 $-0.68。

restart engine after merging, strong outlook

# 1858 春立醫療,現價 $12.30,2016 FY,銷售 +17.2%,盈利+67.5%,每股盈利 $1.04 +21.1%,市盈率 11.9 倍,派息 $0.175 息率 1.4%,每股現金 $4.86。

recovering but no covering, discount to peers

本人或其客戶持有上述提及的股票長倉及短倉。

Advertisements