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Chun Yu Tends to Reep from Business of China's High Speed Railway
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2014-04-09
The screw maker giant, Chun Yu's plants in Taiwan and Dongguang both have acquired certificate for railroad fasteners. Chun Yu will probe further into the business opportunities in China's high speed railway. Artificial persons are highly optimistic about Chun Yu's operations. As the company's fundamentals are going positively, its investment value is turning obvious.
According to artificial persons' analysis, Chun Yu's net losses per share in 2012 was NTD 0.68, while in 2013 the loss was replaced by net earnings per share of NTD 0.54. As the company earns profit in the first quarter of this year, its production and sales is turning good.
Chun Yu's vice general manager says that the company is the first professional plant to pass railroad fastener accreditation. As its Dongguang plant has acquired the same certificate, this will greatly help Chun Yu in receiving high strength bolts.
Artificial persons states that Chun Yu is advantageous in fasteners for large scale constructions including Taipei 101 and Cable-stayed bridge, of which fasteners were supplied by Chun Yu. The company enjoys other business advantages in power gnerating plants, Taiwan Railway, MRT, etc.
According to vice general manager, Chun Yu's construction screws possess technical breakthrough, and its wire rods come from China Steel Corp, so quality is stable. Chun Yu has good reputation in Asian construction screws, and even Wuhan skyscraper relies on Chun Yu's screws; thus China becomes a critical market for the company. In the future, Chun Yu will tap into the business of China's car plants, factory constructions, and high speed railway system.
