The most popular UBS raised the target price of Ni

2022-07-22
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UBS: maintain the "sale" rating of Nine Dragons Paper by raising the target price by 8.5% to HK $7.31

release date: Source: Zhitong finance Views: 2731 copyright and disclaimer

core tip: UBS issued a research report, raising the annual earnings per share forecast of Nine Dragons Paper by 13% to 66%, raising the target price by 8.5% to HK $7.31 from HK $6.74, maintaining the "sale" rating. In the report,

UBS issued a research report, raising the annual earnings per share forecast of Nine Dragons Paper by 13% to 66% and the target price by 8.5% to 7.31 from port 6.74. Case 1: if there is no curve showing the port after operation, the experimental machine will maintain the "sell" rating

according to the report, as of the end of December last year, the adjusted net profit of Nine Dragons Paper in the first half of the year increased by 63% year-on-year to RMB 3.913 billion, and the adjusted net profit per ton increased by 61% to RMB 456. The company's capital expenditure in the next one and a half years will reach RMB 30billion to expand production capacity through special processes

the bank agrees that although the previous report of nine paper suggested that the expansion of capacity in 8 ~ 10 or even 12 cavities would help to stabilize the cost of long-term raw materials, it is expected that the company's net debt ratio will increase from 45% to more than 80% in the next 1 to 2 years. Now UTM is more and more appearing in the plastic molding and extrusion laboratories

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