Environmental industry as a whole revenue innovation high plate differentiation is obvious beself

Environmental protection industry: overall revenue highs gradually obvious plate differentiation CSC released in September 8th, the environmental protection industry research report, the report is as follows: the industry dynamic information of listed companies: revenue highs, profitability decreased slightly at the end of the first half of 2016, we focus on the 49 environmental listed companies total revenue of 49 billion 227 million yuan, an increase of 10 billion 159 million yuan, compared to the same period in 2015 increased by 26%; total operating cost of 42 billion 876 million yuan, an increase of 8 billion 879 million yuan over the same period in 2015, an increase of 26.1%; operating profit of 6 billion 831 million yuan, an increase of 788 million yuan, an increase of 13%; net profit attributable to the parent company 6 billion 512 million yuan, an increase of 999 million yuan, an increase of 18.1%, revenue growth is not the enemy. Industry gross margin was 31.2%, down by 0.2 percentage points; the overall net profit margin was 13.6%, down by 1 percentage points; the average ROE was, down by 0.2 percentage points. Different from the traditional industry, the environmental protection industry depends on national policy and regulatory standards forced, the size of the market because of the national energy saving and environmental protection objectives and changes. At the end of June, the state has promulgated the "air ten", "ten water", "earth ten" and a series of policies and measures related to environmental protection, environmental protection industry has entered a broad and vigorous development. In the first half of 2016, we focus on the company, there are 36 companies net profit for the parent is positive growth, negative growth in the 13 companies. From the deduction of non net profit, environmental protection, science and Technology Department of the Central Plains and the ring winfore environment grew fastest, an increase of 1914.1%, 1112.4% and 414.2%, Qinling Mountains cement, Huace detection and Tianjin membrane technology fell the fastest, the decline was 73.3%, 70.2% and 67.2%. Plate data list: traditional and emerging sub sectors differentiation was the first half of 2016, the environmental performance of listed companies are different degrees of growth, by which the "earth ten" is expected to affect the catalytic growth, soil remediation segment operating income and net profit year-on-year for the industry leader, is accompanied by an increase of the operating costs fast. In contrast to the traditional atmospheric plate, operating income and net profit growth at the lowest level in the industry. All 49 companies in the environmental protection industry, there are 38 companies revenue growth trend, the decline in revenue of the 11 companies. Among them, the science and technology branch to 191.3% of the revenue growth rate ranked first in the industry, and the operating costs of Sheng Sheng environmental costs fell, a decline of 23.5%. Net profit of the fastest growing environmental protection, as far as the end of the environmental protection industry. Concerned about the proposal of high economic sub sectors of the high quality, underestimate the value of stocks as of now, the environmental protection industry corresponding to the average valuation of 39 times in 2016 and 2017 28 times, the current point part has the industry high boom in high-quality stocks is relatively undervalued level. To environmental monitoring, for example, we believe that the monitoring plate as the environmental protection industry in the technical high ground, as well as its.相关的主题文章: