Home » Huaan Securities gave Weixing New Materials a buy rating: 2021Q4 revenue increased against the trend, and the new business of waterproof water purification is expanding smoothly – yqqlm

Huaan Securities gave Weixing New Materials a buy rating: 2021Q4 revenue increased against the trend, and the new business of waterproof water purification is expanding smoothly – yqqlm

by admin
Huaan Securities gave Weixing New Materials a buy rating: 2021Q4 revenue increased against the trend, and the new business of waterproof water purification is expanding smoothly – yqqlm


  Huaan SecuritiesPosted on April 10thResearch reportsay, giveWeixing New Materials(002372.SZ, latest price: 21.58 yuan) Buy rating.The reasons for the rating mainly include: 1) 2021Q4 revenue growth against the trend, the impact of investment income and incentive feesnet profit; 2) PPR/PVC revenue increased year-on-year, and the sharp rise in raw material prices dragged down gross profit; 3) Cash flow continued to perform consistently well, and the increase in raw material reserves led to an increase in the pay-to-pay ratio; 4) The B-end and C-end of the main pipe business continued to be driven by two wheels , The new categories of waterproof and water purification have increased steadily. Risk warning: The macroeconomic downturn, the risk of a sharp decline in the growth rate of infrastructure and real estate investment; the risk of continued rise in raw material prices; the expansion of new categories such as waterproofing and water purification is less than expected; the expansion of engineering channels is less than expected.

AI comments:Weixing New Materials11 in the past monthbrokerageThe research report pays attention to 8 companies, buys 1 company, and strongly recommends 1 company. The average target price is 27.61 yuan, which is 6.03 yuan higher than the latest price of 21.58 yuan, and the average target price increases by 27.94%.

(Article source: Daily Economic News)


Article source: Daily Economic News

Responsible editor: 65

Original title: Huaan Securities gave Weixing New Materials a buy rating: 2021Q4 revenue increased against the trend, and the new waterproof and water purification business expanded smoothly

Share to WeChat Moments

Open WeChat,

Click “Discover” at the bottom

Use “Sweep”

You can share the webpage to the circle of friends

Scan the QR code to follow

Oriental Fortune official website WeChat

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy