firstspace's Blog

Event: the company announcement 1-September 80-90% year-on-year increase net profit,
EPS to 1.10-1.16 yuan.
From the data to see the company income and profit growth by season in fall sharply, on the one hand, reflects the trend into the downturn, but the industry because of home appliance enterprise of quarterly results, a quarterly profit growth elastic bigger changes and financial treatment not balanced have larger relationship.
Euro Q4 is prevented income growth is expected to be above the percentile about 10%, year-on-year growth of about 25% level. 25% of the growth in a downturn is far higher than the air conditioning industry growth, it is to consider the company export prices in Q4 is prevented influence short-term exports and settlement and sale in domestic market to a low base income of special reasons, in the company income growth, 27% Q4 is prevented over the same period, the industry sales growth of 45%. 08 Q4 is prevented company income than percentile of absolute value of slightly tall, return to normal levels.
In is expected to net profit up 20%, reduce Q4 is prevented absolute value and percentile quite. This is to consider the net profit base is higher, accounting for Q4 is prevented 40% in, and at the same time inventory pressure, industry and decline in demand factors make Q4 is prevented industry competition influence of short-term profits ascension. Q4 is prevented the key quarter is freezing the years, enterprise income growth is judge the industry competitive position of the important leading indicators, the proposal focused.