20151214-兴业证券-Weekly_A-share_Market_Recommendations_13页_380kb

Weekly A-share Market Recommendations Summary

Core Content Overview

This document presents weekly stock recommendations from the Industrial Securities Research Institute dated December 14, 2015, focusing on several Chinese listed companies. It includes EPS forecasts, investment ratings, sector classifications, and company profiles, along with market data and investment highlights for each company. The recommendations are based on the companies' financial performance, strategic initiatives, and market positioning.

Key Companies and Their Recommendations

Main Investment Highlights

Fiyta Holdings (000026:SZ)

• Sector: Jewelry
• Investment Highlights:
  • Active investment in new watch design, marketing network, and e-commerce.
  • Earnings are expected to reach an inflection point in 2016.
  • Governance improvements expected due to SOE reform.
  • Valuation is considered attractive.
• Market Data:
  • Closing Price: CNY 16.57
  • Market Cap: CNY 6508.16 Mn
  • BVPS: 4.34

Shenzhen Heungkong Holding (600162:SH)

• Sector: Property Development
• Investment Highlights:
  • As the only listed company under its group, it receives significant support.
  • Ongoing assets injection expected to drive growth.
  • Strong financial background and diverse business operations.
  • Valuation provides high margin of safety.
• Market Data:
  • Closing Price: CNY 8.33
  • Market Cap: CNY 9908.38 Mn
  • BVPS: 1.61

Fujian Yuanli Active Carbon (300174:SZ)

• Sector: Other Chemical Product
• Investment Highlights:
  • Expanding into high-end active carbon applications.
  • Active carbon used in food, chemicals, and other industries.
  • Potential risk: Slower-than-expected progress in higher-end markets.
• Market Data:
  • Closing Price: CNY 26.49
  • Market Cap: CNY 3602.64 Mn
  • BVPS: 3.82

Tongding Interconnection Information (002491:SZ)

• Sector: Telecommunication Device
• Investment Highlights:
  • Liuliang Zhangting app gaining popularity.
  • Expected to benefit from traffic flow management market boom.
  • Active M&A in mobile internet and big data.
  • Potential risk: Intensifying competition and slower business expansion.
• Market Data:
  • Closing Price: CNY 19.17
  • Market Cap: CNY 22987.06 Mn
  • BVPS: 2.26

Anhui Yingliu Electromechanical (603308:SH)

• Sector: Mechanical Components
• Investment Highlights:
  • Strong growth in nuclear power and military defense sectors.
  • Inverted follow-on offering price expected to boost stock growth.
  • Earnings inflection point anticipated for 2016.
• Market Data:
  • Closing Price: CNY 28.15
  • Market Cap: CNY 11260.28 Mn
  • BVPS: 4.67

Lander Sports Development (000558:SZ)

• Sector: Leisure Service
• Investment Highlights:
  • Active in sports development and securitization.
  • Aims to build a comprehensive sports industry ecosystem.
  • Potential risk: Project implementation may not meet expectations.
• Market Data:
  • Closing Price: CNY 25.88
  • Market Cap: CNY 22243.41 Mn
  • BVPS: 1.84

Changzhou Xingyu Automotive Lighting Systems (601799:SH)

• Sector: Automotive
• Investment Highlights:
  • Strong position in the car lamp industry.
  • Partnerships with GAC Group and Nissan.
  • Growth potential through technological upgrades and expansion.
• Market Data:
  • Closing Price: CNY 29.60
  • Market Cap: CNY 7459.20 Mn
  • BVPS: 5.30

Softto (000662:SZ)

• Sector: Computer
• Investment Highlights:
  • Acquired Teamax, a leading smart city developer.
  • New '1+N' EPC contract expected to boost order volume.
  • M&A activities expected to continue.
• Market Data:
  • Closing Price: CNY 26.12
  • Market Cap: CNY 7522.28 Mn
  • BVPS: 1.99

Guangdong Sky Dragon Printing Ink Group (300063:SZ)

• Sector: Media
• Investment Highlights:
  • Transitioning into digital marketing platform.
  • Acquired four digital marketing companies.
  • Zoom Interactive is a key growth driver.
• Market Data:
  • Closing Price: CNY 39.30
  • Market Cap: CNY 11419.43 Mn
  • BVPS: 2.31

Key Information

• Rating Categories: OUTPERFORM and BUY.
• EPS Forecasts: All companies have positive EPS growth projections from 2015 to 2017.
• Sector Diversification: Companies span across jewelry, property development, chemical products, telecommunications, mechanical components, automotive, and computer sectors.
• Strategic Moves: M&A, expansion into new markets, and technological upgrades are common themes.
• Valuation: Most companies are viewed as undervalued or with a high margin of safety.
• Potential Risks: Include slower-than-expected market expansion, intensified competition, and project implementation risks.

Analyst Certification and Disclaimer

• The report is issued by Industrial Securities Co., Ltd., a qualified securities investment consulting firm.
• The report is intended solely for the use of the company's clients.
• The views and recommendations in the report are subject to change.
• The report is based on public information and is not guaranteed for accuracy or completeness.
• The company may have conflicts of interest due to its investment banking services.