Gree Electrical Appliances 6% led the second half of the air-conditioning price or 10%

NetEase Financial July 19 under the influence of high-temperature weather, electrical appliance stocks in the afternoon performance eye-catching, was hailed as "quiet in the value of the air conditioner faucet"-Gree electric rose 6.15% led electric unit. In fact, since July, with the continuous temperature, air-conditioning and other household appliances sales began to climb, of which, the air-conditioning industry and the refrigerator industry leading the United States of electrical appliances and Qingdao Haier respectively Rose 6.23%, 8.8%, is a weak city in the dazzling bright spot.　　And today, under the lead of Gree air-conditioning, the afternoon home appliance plate to maintain a strong, continue to shock higher, of which, the United States Electrical Appliances (000527), Tak Hao run Tatsu (002005), Qingdao Haier (600690), small swan a rise in the front.　　And the latest issue of the securities of Gree Electric appliance Research Report revealed that gree two quarters of household and central air-conditioning is always in high load full production state, the workers are basically two shifts, production line 24 hours uninterrupted production, according to the company expected, "so the state may last until August." At the same time, as the main performance growth point of gree central air-conditioning, according to the Securities and household appliances researcher zu forecast that this year's sales reached 6 billion, compared with last year's 4 billion, sales revenue will increase 50%, and later production capacity will be further expanded.　　At the same time, Zu revealed that "Gree electrical appliances are gradually extending to the field of industrial refrigeration, cold storage, refrigerated vehicles and other business will be launched as soon as possible."　　In addition, ZU analysis, the first half due to the existence of policy expectations, so that manufacturers and channels to speed up the processing of old two inventory, the average price of products decline, but the second half of the policy implementation, product structure adjustment and raw material prices rise year by year to increase the average air conditioning power. From the June similar product prices, air-conditioning price chain has risen 10%-20%, Zu predicted that the second half of the year still has about 10% of the rising space. Therefore, from the annual results, ZU analysis Gree Two quarterly results will grow 21%, the first half of the growth of 18.5%, at the same time, in the second half of the effect of price increases, with energy-saving subsidies in place, sales cost rate, Zu estimated that Gree 10, 11 diluted EPS respectively 1.25 yuan and 1.44 yuan PE is 10 times times and 9 times times.