20161031-兴业证券-Weekly_A-share_Market_Recommendations_13页_385kb

Weekly A-share Market Recommendations Summary

Core Content Overview

This document presents weekly stock recommendations from the Industrial Securities Research Institute, dated October 31, 2016. It includes detailed EPS forecasts, company profiles, market data, and investment highlights for several listed companies across various sectors. The recommendations are categorized as BUY or STRONG BUY, with each company's potential risks also outlined.

Top Stock Recommendations

Key Investment Highlights

ARTS Group

• Expanding business to more regions, including acquisitions in the southwestern area.
• Exploring VR technology integration with architectural construction.
• Expected EPS: 0.45 (2016), 0.68 (2017), 0.86 (2018).
• Potential Risk: Government investment slump, slow contract growth.

SAIC Motor

• Industry recovery is expected to boost sales of JV-brand vehicles.
• Roewe RX 5 model is contributing to earnings.
• Expected EPS: 2.9 (2016), 3.54 (2017), 4.02 (2018).
• Potential Risk: Passenger vehicle industry downturn, weak new product sales.

Shenzhen Laibao Hi-tech

• Leading manufacturer of OGS touch panels, with growing demand.
• Revenue increased significantly in H1 2016.
• Expected EPS: 0.28 (2016), 0.43 (2017), 0.56 (2018).
• Potential Risk: Two-in-one laptop demand not meeting expectations, touch tech roadmap changes.

Shenzhen Expressway

• Favorable conditions in the expressway sector.
• Strong government support and subsidies.
• Expected EPS: 0.75 (2015), 0.92 (2016), 1.05 (2017).
• Potential Risk: Traffic reduction, lower returns from new expressways.

Jiangling Motors Corp

• Clear business development strategy, entering light truck and bus markets.
• Expected to release new products and improve profitability.
• Expected EPS: 1.7 (2016), 3.27 (2017), 3.89 (2018).
• Potential Risk: Sales of Everest may not meet expectations.

Guangdong Haid Group Company

• Fast revenue and earnings growth despite industry slowdown.
• Stabilized cash flow supports M&A and overseas expansion.
• Expected EPS: 0.64 (2016), 0.94 (2017), 1.25 (2018).
• Potential Risk: Natural disasters, overseas political risks.

Jiangsu Changjiang Electronics Technology

• Profitability recovery and expected earnings over CNY 500 million.
• Strategic partnership with SMIC and growth in SiP manufacturing.
• Expected EPS: 0.11 (2016), 0.78 (2017), 1.29 (2018).
• Potential Risk: Semiconductor industry downturn, integration challenges with STATs ChipPAC.

Wuxi Lead Intelligent Equipment

• Expected to benefit from lithium battery automation and M&A.
• Strong EPS growth forecast.
• Expected EPS: 0.62 (2016), 0.89 (2017), 1.15 (2018).
• Potential Risk: Failure to collect EUR 4.75 million, slow business development.

Zhangzhou Pientzehuang Pharmaceutical

• Focus on TCM business with modern distribution and product innovation.
• Expected EPS: 1 (2016), 1.28 (2017), 1.55 (2018).
• Potential Risk: Slower sales growth after price markup, weak innovative product sales.

Bank of Nanjing

• Fixed-income products are key assets, benefiting from interest rate decline.
• Strong creditworthiness of clients reduces bad loan risk.
• Expected EPS: 1.44 (2015), 1.74 (2016), / (2017).
• Potential Risk: Systematic banking industry risks.

General Notes

• All EPS forecasts are based on Industrial Securities' analysis.
• The recommendations are subject to change based on market conditions.
• Investment decisions should be made with caution, considering potential risks.