airshoe228
Joined: 27 Oct 2010 Posts: 48
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Posted: Tue 4:55, 16 Nov 2010 Post subject: feature smoothing |
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Tacheng Mayer Tasman Gold Wind wind farm project Technology fund-raising project - the \is in the construction period. In addition,[link widoczny dla zalogowanych], there are other Goldwind two wind farm projects.
Goldwind (002,202 market, shares love, IT) Wang Haisheng three quarterly reviews published Goldwind recent events,[link widoczny dla zalogowanych], the first three quarters of 2008 net profit of 229 million yuan (0.23 yuan per share), an increase of 91.46%. We forecast growth of 53.97% for the year. the first three quarter revenue growth of 224.15 percent year on year to 2.256 billion yuan,[link widoczny dla zalogowanych], our full-year growth of 122.29 percent forecast. We think the company the first three quarters than-expected growth performance was mainly caused by strong seasonal sales of the company in previous years, feature smoothing, in the past concentrated in the fourth quarter,[link widoczny dla zalogowanych], 80% in the third quarter results on some of the released. This demonstrates the capacity of gold wind stress and changes in business models .
\If you are ready, let alone bear the construction risks. \After the sale of the project company received premium income equity.
enthusiastic investment in wind power, 40% compound growth rate of general concerns about the current market prices of crude oil will reduce the cost of thermal power, reducing the attractiveness of investment in wind power. but in the short term, electricity price rise, not fall; the long run, fossil energy prices is an inevitable trend, the domestic concerns of the new energy level has not decreased. Meanwhile, the complex economic situation lower the cost of capital, in the wind power price more reasonable, CDM project income, value-added tax and other factors to adjust co-stimulation, enthusiasm for the strengthening of wind power investment worth the wait. On the other hand, the government appears to stimulate the economy through increased investment in the development of aspirations. wind power industry to benefit from this trend,
7 8, said Goldwind ,[link widoczny dla zalogowanych], Beijing Tian Run to 24 million yuan Tacheng days it holds 24% profit share transfer to the Guohua Energy, to 25 million yuan Tacheng day it holds a 25% profit share transfer to the Shenhua Hong Kong Beijing days after the transfer day Run Run holds 51% stake in Tacheng, the transfer price equal to 1 yuan / share, return of capital 49 million yuan.
mainly as follows: First,[link widoczny dla zalogowanych], the Development and Reform Commission significantly relax the requirements for project approval,[link widoczny dla zalogowanych], \the economy of wind power equipment market to judge: the next three years 40% compound annual growth rate. Gross margin was down, the wind power business on the right track report lower consolidated gross profit margin of 25.64% compared to last year dropped by 4.2 percentage points. a is due to rising raw material prices during the first half, the impact of this will start from the fourth quarter to improve; but more important reason is the lower gross profit margin increasing proportion of MW model, the trend in the next 3 will further impact on the company's gross margin level.
accounting treatment, the project company by the company holding the implementation of wind farm development - sales, gold wind technology wind turbines will be sold to the project company, the merger statements , wind turbine sales revenues and profits will offset each other,[link widoczny dla zalogowanych], only to be sold only when the project company shares the profits, leading to realization of deferred profits.
However, those who deny the Deputy General Manager at the company's cash flow stress saying, quarterly reviews to maintain the macro and strategy
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