标题：Xiamen FaratronicSound Fundamentals New Energy Business Bringing About Growth
发布日期：2016-01-15 9:11:53
内容： Earning Forecast and Investment Recommendations: Due to reduced sales of capacitors for lamps, we predict that growth rate of the company may be lower than10% this year. But auto products will boost its earnings in a long period of time. We made EPS forecast for Faratronic at CNY 1.43 in 2015, CNY 1.65 in 2016 and CNY 1.99 in 2017, implying 21x/18x/15x PE. Reiterate OUTPERFORM.
发布日期：2016-01-15 9:11:53
内容： Earning Forecast and Investment Recommendations: Due to reduced sales of capacitors for lamps, we predict that growth rate of the company may be lower than10% this year. But auto products will boost its earnings in a long period of time. We made EPS forecast for Faratronic at CNY 1.43 in 2015, CNY 1.65 in 2016 and CNY 1.99 in 2017, implying 21x/18x/15x PE. Reiterate OUTPERFORM.
