By TX Investment Consulting Co., Ltd.
- May 7, 2009
- China CYTS Tours Holding Co., Ltd.
We made an on-site investigation to China Wuzhen, a famous tourist site from April 27th-28th 2009, through which we hold that it is a place which owns favorable climate, ideal geographical location and high popularity and has become the pioneer of tourist regions in China. Given analysis above, we consider China Wuzhen will surly become .......
By TX Investment Consulting Co., Ltd.
- Mar 24, 2009
- Guilin Tourism Corporation Limited
In 2008, the company reported business turnover of Rmb202mn (-38.91% yoy), operating profit of Rmb26.7196mn (-58.89% yoy), net profit attributable to parent of Rmb23.1529mn (-56.42% yoy), and basic EPS of Rmb0.131. Its performance is in line with our expectation.
Its EPS in 2009-2010E is predicted to be Rmb0.19 and Rmb0.24 respectively, representing dynamic P/E ratio .......
By TX Investment Consulting Co., Ltd.
- Mar 19, 2009
- Beijing Capital Tourism Co., Ltd.
The company’s performance is beyond our expectation, and the high dividend ratio continues. In 2008, the company realized net profit attributable to parent of Rmb173mn (+41.13% yoy), and EPS of Rmb0.75. Besides, the company sent Rmb3.7 dividend cash for every ten shares, with dividend ratio at 50%.
Hotel business enjoyed steady growth; Olympic effect tended to .......
By TX Investment Consulting Co., Ltd.
- Mar 12, 2009
- Eguard Resources Development Co., Ltd
In 2008, the company reported business turnover of Rmb520mn (+49.4% yoy), net profit attributable to parent of Rmb110mn (+28.6% yoy), and diluted EPS of Rmb0.27, which was totally in line with our expectation. In Q4 2008, the company reported business turnover of Rmb180mn and EPS of Rmb0.09.
We forecast the company’s EPS in 2009-2010E to .......
By China Galaxy Securities Co.Ltd.
- Feb 25, 2009
- Social Services
Event:
As far as we have known, promotion plan of logistics industry is under the government’s incubation to boost the development of logistics, and it is expected to be the eleventh promotion plan.
Our Analysis and Estimation:
1. China’s logistics industry faces upgrade.
2. Benign political environment is provided by government to develop logistics industry.
3. The promotion plan of .......
By TX Investment Consulting Co., Ltd.
- Oct 23, 2008
- Social Services
So far, hotel & tourism sector topped the TX industrial index with a rising margin of over 3.39%, whereas the big-cap slumpped by 2.64%, of which China United Travel (600358) and Beijing Jingxi Tourism Development (000802) reached the up-limit, Xi''an Tourism (000610), China CYTS Tours Holding (600138) and Beijing Capital Tourism (600258) all jumped by .......
By TX Investment Consulting Co., Ltd.
- Aug 29, 2008
- Shanghai Jin Jiang International Hotels Development Co., Ltd.
For 1H2008, the company realized operating income of Rmb402mn (-2.12% yoy), business profit of Rmb192mn, net profit attributable to parent of Rmb165mn (+24.13% yoy), and EPS of Rmb0.27. Having been negatively influenced, the company’s hotel operation sector- once being the biggest contributor to its business income as well as the operating profit had declined by .......
By TX Investment Consulting Co., Ltd.
- Aug 22, 2008
- Huangshan Tourism Development Co., Ltd.
For 1H2008, the company reported operating revenue of Rmb434mn (+4.81% yoy), operating profit of Rmb112mn (-0.29% yoy), net profit attributable to parent of Rmb79.52mn (+10.82% yoy), EPS of Rmb 0.16.
?
Tourists Received Slightly Decreased: Due to natural disasters during first half of the year, the company’s tourists received reported a 0.54% year-on-year reduce, with 985,200 .......
By TX Investment Consulting Co., Ltd.
- Aug 19, 2008
- Shanghai Yanhua Smartech Co., Ltd.
For 1H2008, the company issued total operating income of Rmb116mn (+9.43% yoy), net profit attributable to parent of Rmb11.81mn (-22.73% yoy), EPS of Rmb0.15. The company has been mainly engaged in development and sales of intelligent building system, and it had enhanced the hotel and senior convalescent markets during the first half of the year, .......
By TX Investment Consulting Co., Ltd.
- Aug 18, 2008
- China CYTS Tours Holding Co., Ltd.
For the period of January-June 2008, revenue of the company soared 34.97% yoy and profit rose 3.83% yoy; net profit to the parent company saw an increase of 2.43% yoy; EPS: Rmb0.21. Real estate business of the company enjoyed a small growth in gross margin, while gross margin of other business declined to some extent. .......