关注理由:2004年,将是中国钢铁行业景气程度下降的拐点,而新钢钒将因其细分行业稳定而持续的市场需求,成为投资者规避钢铁行业周期性风险,分享我国铁路长期建设需求的抗风险品种。从二级市场表现来看,新钢钒与股本结构相近的其他钢铁类上市公司对比,市盈率和市净率都是较低的,股价存在一定程度的低估。同时考虑到公司未来盈利有增长,红利分配又较为稳定,值得投资者关注。 Concerns: In 2004, it will be the turning point in the decline of the economy in China’s steel industry. However, due to the steady and continuous market demand of the new steel and vanadium, investors will be able to evade the cyclical risks in the steel industry and share the long-term railway construction needs in China Anti-risk variety. From the secondary market performance, the new steel vanadium and equity structure similar to other steel listed companies, price-earnings ratio and net book value are low, the stock price there is a certain degree of underestimation. Taking into account the company’s earnings growth in the future, dividend distribution and more stable, it is worth investors attention.