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BEIJING ORIENTAL YUHONG WATERPROOF TECHNOLOGY CO., LTD.

(002271)
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Beijing Oriental Yhng Wtrprf Tech : Chinese President Xi Visited the Construction Project Suppli...

07/23/2014 | 07:29am EST

On 21th, July 2014, Chinese President Xi, with Venezuelan President Nicolas Maduro, visited the social housing programme in Tiuna, Caracas whose waterproof materials supplied by Oriental Yuhong. The main waterproof materials are SBS modified bitumen waterproof membranes and Polyurethane waterproof coating.

It is the key project which plans to build 13,000 housing. The first stage project has been delivered and the second stage will be finished in this year. President Maduro praised Chinese construction workers that were responsible, high qualified and efficiency, and made an outstanding contribution to the people's livelihood of Venezuela. Hoped both of the two sides have more and better cooperated projects in the future. President Xi stressed that Tiuna housing project is a microcosm of mutually beneficial cooperation, which is regarded as friendship engineering. We hoped to complete the project timely so that the Venezuelan people could move into the houses as soon as possible.

Waterproof engineering is very important to the quality of the buildings. Oriental Yuhong always adheres to the high quality, integrity management, providing the market with the highest qualified products and services. It has been advocating "for the human community to create lasting security environment," and promote the industry to improve the level of quality and healthy development. In recent years, Oriental Yuhong is insisting on oversea expansion. By the end of 2013, the products have been exported to more than seventy countries and regions, like the Middle East, Europe, Northeast Asia and Africa and so forth. We continuously offer high quality waterproof products and professional technical services for global clients.

We are devoted to make Oriental Yuhong to go global.

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ę Publicnow 2014
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Financials
Sales 2021 30 127 M 4 742 M 4 742 M
Net income 2021 4 252 M 669 M 669 M
Net cash 2021 11 572 M 1 821 M 1 821 M
P/E ratio 2021 26,9x
Yield 2021 0,87%
Capitalization 115 B 18 072 M 18 112 M
EV / Sales 2021 3,44x
EV / Sales 2022 2,69x
Nbr of Employees 8 036
Free-Float 68,3%
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Mean consensus BUY
Number of Analysts 15
Last Close Price 45,60 CNY
Average target price 62,05 CNY
Spread / Average Target 36,1%
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Managers and Directors
Zhi Ping Zhang Chief Executive Officer & Director
Wei Xu Chief Financial Officer
Wei Guo Li Chairman
Gui Fu Chen Chairman-Supervisory Board
Xin Wang Chief Engineer
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