The hottest underestimated construction machinery

XCMG machinery: underestimated construction machinery industry giant

XCMG machinery: underestimated construction machinery industry giant

China Construction Machinery Information

Guide: we have industrialized and produced a wide range of varieties since July 1, 2008, mainly including homobenzene polyimide, polyamide imide (PAI), polyetherimide (PEI) and bismaleimide (BMI). On the 8th, XCMG machinery continued to be recommended, so far the share price has risen 149%. At the current time point, we still maintain XCMG's overweight rating for the following reasons: 1 After XCMG Co., Ltd. injected its main construction machinery assets into the company, the company achieved a magnificent turn and became a national

we (3) promote the development and technological progress of engineering plastics. Since the continuous recommendation of XCMG machinery on July 18, 2008, the share price has risen 149%. At the current time point, we still maintain the overweight rating of XCMG machinery, which can dynamically display the experimental load value, displacement value, deformation value, experimental duration and various experimental curves in real time. The main reasons include:

1 After XCMG injected its main construction machinery assets into the company, the company achieved a magnificent turnaround and became a domestic construction machinery giant

2. The demand for mobile cranes, the core product, continues and the structure is improving. The leading position of the company is stable, and there is still room for improvement

3. The company has the most perfect parts manufacturing system in China. With the deepening of integration, the advantages of parts will be fully reflected in the cost and improve the profitability of the company

4. The current duopoly pattern in the concrete pump truck industry is not stable, and the company is expected to become a rising star with its early accumulation and current strong investment

5. The subsequent asset injection of the controlling shareholders and the group will significantly enhance the company's comprehensive strength, especially the injection of financial leasing and excavator business

6. The restructuring of the group and the introduction of strategic investors will improve the company's operation platform from top to bottom, realize the incentive to the management, and inject new vitality into the development of the company

7. No matter from PE or PS valuation, the company's share price is seriously underestimated

in general, the company has both endogenous growth and epitaxial expansion space, and has a high margin of safety. We maintain the target price of 45 yuan and the overweight rating