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Analysis Of Investment Value On China International Marine Containers

Posted on:2020-04-30Degree:MasterType:Thesis
Country:ChinaCandidate:H X AnFull Text:PDF
GTID:2439330575459089Subject:Master of Accounting
Abstract/Summary:PDF Full Text Request
China's economic development has entered a stage of steady rise,people's life has initially achieved a well-off life.They are beginning to pay attention to the hands of wealth appreciation and preservation.Putting money in the secondary market to invest in stocks becomes their first choice.In the past few years,the stock market showed a wave of investment fever,but in the past two years,with the weak international economic situation,the market performance is not satisfactory.In order to provide decision-making basis for investors,this paper selects CIMC group,a leading enterprise in the metal products industry,for research,evaluates the group through model calculation,and compares it with its current market performance,so as to draw the conclusion whether CIMC group has investment value.This paper mainly analyzes CIMC group from qualitative and quantitative aspects.The main analysis of CIMC group's is operating status,competitive advantages and development potential in qualitative level.CIMC's main business and container business have achieved substantial growth in 2017,mainly due to the recovery of the global container market.Other businesses have also been improved to varying degrees,boosting the group's operating revenue.In addition,the group's global development strategy and diversified business philosophy,as well as the recent success of deep-sea combustible ice mining to provide security for the development of the group.From the quantitative level,first of all,from the financial statements,the analysis of the group's four financial statements and financial indicators,clear the group's financial situation and operating results,the group's profitability,operating capacity and development capacity are stronger conclusion.Second,the previous text analysis is based on the results,an analysis of the valuation group,using free cash flow model and p/e ratio model,group come to the final valuation of 25.75 yuan,higher than that of CIMC group in 2017,the last trading day the market price of 22.85 yuan,CIMC group's market value is undervalued,come to the conclusion that CIMC group has some investment value.Therefore,CIMC group can be held as long-term investment targets.Investors can pay due attention to CIMC group and find the right time to invest,but at the same time,they should also be alert to the debt repayment pressure caused by the excessive asset-liability ratio of the group and guard against other potential investment risks in the market.
Keywords/Search Tags:China International Marine Containers, investment value, free cash flow model, price-earnings ratio model
PDF Full Text Request
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