ZFET Co.,Ltd. (002479.SZ): Slowed down in Q3, yet the growth of annual result can still be expected November 15, 2017

Summary of Investment

  • Senior management holds more shares to show confidence, and private placement was approved by the China Securities Regulatory Commission.
  • The growth of annual result is highly certain;

Investment Rating

The influence of share issuance isn`t considered temporarily, and it is predicted that the net profits of the Company of 2017 and 2018 will be 370, 481 million; the EPS is 0.47, and 0.48; the P/E ratio will be 23.4 times and 18.6 times, respectively. The rating of “Buy” is given. (Closing price as at 13 Nov 2017)

About the author

Profile photo of Wang Yannan

Wang Yannan
Phillip Securities (HK)

Graduated from the University of Science and Technology of China with a Masters degree in Management and major in Financial accounting and Economics throughout her academic study.

Currently Covering Environmental Protection and New Energy sectors as an analyst in Phillip Securities and focus on the macro policy´╝îindustry and fundamentals to explore the investment value.

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