Safety vehicle detection fell 14% Guotai Junan Festival Development Research Report shouts target price 103 yuan

After the release of the performance forecast for the first three quarters of 2020, the stock price of anche testing (300572. SZ) fell sharply today, closing at 52.39 yuan, down 14.10%. According to the announcement, in the first three quarters of 2020, the net profit attributable to shareholders of the listed company is expected to be 150 million to 163 million yuan, an increase of – 6.38% to 1.74% over the same period of last year. In the third quarter of 2020, the net profit attributable to shareholders of the listed company is expected to be 50 million to 63 million yuan, an increase of 2.01% to 28.54% over the same period of last year. < p > < p > for the reasons for the performance changes, the company’s operation in the first quarter of the reporting period was greatly affected by the Xinguan epidemic. 2、 In the third quarter, production and operation gradually returned to normal, and the company’s business continued to grow steadily. The operating income mainly comes from the sales of vehicle detection system and online supervision system of inspection industry. < p > < p > according to an Che testing, it is estimated that the impact of the company’s non recurring profit and loss on the net profit will be about 12.76 million yuan from January to September 2020, and the impact amount of the company’s non recurring profit and loss on the net profit in the same period of last year is 17.8731 million yuan. < p > < p > on September 20, Guotai Junan published the Research Report “safety vehicle testing (300572): standing at the starting point of 100 billion market value”, which sang about Duoan vehicle testing. The researchers were Yang Wenjian and Zhang Xu. According to the research paper, the company’s testing station chain operation benchmarking Aier Eye’s M & a growth path, is now standing at the starting point of 100 billion market value, maintaining the “overweight” rating and maintaining the target price of 103.60 yuan. < p > < p > Guotai Junan said that the company had the opportunity to enter the downstream scattered but highly profitable testing station operation industry, as mentioned in the report “marching towards the comprehensive service provider of vehicle detection system and operation” released in July 2018. After two years of development, the market expectation of the company entering into the operation of detection station is still insufficient. We think that the chain operation of national motor vehicle detection station is still insufficient It is an inevitable trend. The company has all kinds of elements needed to enter into the 100 billion level vehicle testing operation market. The chain M & a mode of Industrial Fund + listed company mode has benchmarked Aier Eye’s M & a growth path. At present, it is standing at the starting point of reaching 100 billion market value and maintaining the “increase holding” rating. It is estimated that the EPS of 2020-2022 will be 1.48 yuan, 1.91 yuan and 2.49 yuan respectively, and the target price will be 1.70 times PE in 2020 60 yuan. < / P > < p > Disclaimer: the purpose of this article reprinted by china.com finance and economics is to convey more information and does not represent the views and positions of the website. The content of this paper is for reference only and does not constitute investment advice. Investors operate accordingly and bear their own risks. < p > < p > Chinanet is a national key news website under the leadership of the Information Office of the State Council and managed by China foreign language publishing and Distribution Bureau. Through 11 versions in 10 languages, the website releases information 24 hours a day, which is an important window for China to carry out international communication and information exchange.