Green Earth Net income lower than the most cattle private two-quarter lightning strike

Today Green Earth (002200, closing price 28.6 Yuan) announced 2010 years, the first half of the company to achieve operating income of 194 million yuan, down 27.49%, net profit of 9.6912 million yuan, a year down 84.29%, earnings per share 0.06 yuan. Although interim results still cannot escape the shadow of earlier droughts, but the green earth this only early public fund spurned garden stocks, two quarter but large private capital favored, especially the most cattle private, the lake called "Ningbo Kamikaze Master" Xu Xiang kill into the top ten circulating stock shareholders ranks.　　The biggest private equity two-quarter lightning strike, perhaps the green ground in the near future to make the best annotation. The project income alone supported by the severe arid weather which lasted from the second half of 2009 to the first quarter of this year, the production of Green giant seedlings was greatly affected, and the whole recovery process would continue for 1-2 years.　　In order to withstand the adverse effects of abnormal weather on production and operation, the green Earth has been adjusting its operation focus on the basis of stabilizing existing seedling production and operation, and expanding greening engineering business. In the first half, because the seedlings are still in the recovery period, so the business has become a drag on the main reason for the Green land performance.　　In the period of 7.9267 million yuan sales income, the year-on-year decline of 95.41%, of which the purchase of semi-finished products contribute to the operating income of 7.1222 million yuan, independent breeding accounted for only 804,500 yuan. Seedling production dragged down the company's performance, the project revenue has become the largest in the green land of the support, the part of the operating income of 185 million yuan, an increase of 93.3%, gross margin rose 2.39% to 32.59%.　　The main source is Jiangxi Province Fengcheng Fung Lakes Park construction project, Jiangxi Fengcheng Bridgehead Park project.　　However, the first half of the project business is also affected by the relocation of the government, construction design and other aspects of the adverse impact of the company to undertake the project progress has been affected. Private equity in the two-quarter increase in space despite the green Earth Interim results show the drought sequelae, while the project business also does not have too many bright spots, but this has been the public offering fund seriously spurned green garden stocks, in the two quarter of this year but by private funds favored.　　One of the most cattle private placement, this year's Jin-hee Ruijin 1th is the list. Green Earth in the top ten circulating stock shareholders show that the lake called "Ningbo Kamikaze Master" Xu Xiang led ze-hee Ruijin 1th in the two quarter lightning strike green ground, to 2.2161 million shares of the nineth largest shareholder. Data show that the city of Ze-hee Ruijin 1th Capital of up to 1 billion yuan, as of August 6, this year only March 5 to set up the private placement, its yield of up to 36.34%, its heavy warehouse shares in the rainbow since this year (600707,　　The closing price of 18.43 Yuan) continued to go cattle, the Tuesday also set a record 19.38 yuan in the record. In addition to Ze Hee Ruijin 1th two quarter lightning strike Green Earth, Zhongyuan Securities continued to increase in two quarters, shareholding has risen to 4.5145 million shares, Yintai Securities two quarter buy 2.8 million shares, Zhejiang merchants Huijin 1th Collection Asset Management plan two quarter buy 276.180,000 shares. Analysts said that after the two quarter of this year, the green ground drought to ease, the company also determined the transformation of the operation, the new high management also promised the company will be a brand-new image. Finally, the green land in the public raised funds abandoned, with its sincerity has been the favor of private funds. The recent two-tier market share price has surged, hitting a new high since the February 1 performance, which may mean the most pessimistic period of the green Earth has passed.