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[Do pregnant women need to eat bird’s nest?

[Do pregnant women need to eat bird’s nest?

Bird’s nest is the best product for nourishing and moistening in autumn.

It has the effects of nourishing the lungs and nourishing yin, relieving cough and stopping bleeding, and is often used for tuberculosis, hemoptysis, bronchitis, emphysema, etc. The elderly and frail people take the bird’s nest to improve their vitality.

For pregnant women, during pregnancy, eating prenatal and postpartum bird’s nests has the effect of stabilizing and supplementing.

Therefore, pregnant women need to eat bird’s nest very much.

Here is a detailed introduction to the bird’s nest suitable for pregnant women.

Bird’s nest can be divided into Guanyan, Huangyan and Bloodyan.

In different periods of pregnancy, the bird’s nest suitable for pregnant women is different.

At the beginning of pregnancy, the most important thing for pregnant mothers is to conceive.

At this time it is suitable to eat Guanyan.

Various amino acids, calcium, phosphorus and other minerals in the bird’s nest, as well as biologically active molecules with protein content, can nourish the yin and lungs, nourish the middle and nourish qi, and can be eaten to promote brain development. It is also excellent for pregnant motherstonic!

Second trimester and third trimester, at this time the fetus has matured, pregnant mothers eat Huang Yan!

The bird’s nest is stored for a long time. After being oxidized, it will be slightly yellow. It is called yellow swallow. This is a more natural bird’s nest. It is safe and beneficial to eat!

The white bird’s nest is very likely to be used by unscrupulous businesses for the purpose of bleaching. It is recommended that pregnant mothers be careful.

Pregnant women can eat bird’s nest.

According to reports, 80% of pregnant women in China consume bird’s nest each year to ensure that future babies are healthier and smarter.

Facts have proven that pregnant women begin to consume bird’s nest until two or three months before pregnancy until they give birth, which not only strengthens the mother’s health, but also makes future newborns stronger, fairer, more beautiful, and less susceptible to illness.

Postpartum women need to recover the tiredness of nurturing their children, and to restore the shape before the birth. Bird’s nest is the best natural nourishing food.

Its sexuality is warm and flat, and it is easier for pregnant women and postpartum women to make up without getting tired.

Bird’s nest does help pregnant women with fetal fever.

However, the constitution of each pregnant woman is different, and it is not suitable for pregnant women with cold constitution to eat bird’s nest.

In addition, the weight of bird’s nest is high, and it is difficult for many pregnant women to afford it for a long time. Don’t follow the trend blindly.

In fact, you can also choose lilies, white fungus, mung beans and other foods to replace bird’s nest.

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Jinjia Co. (002191) Quarterly Report Review 2019: Revenue Growth Exceeds Expectation Large Packaging + New Tobacco Builds Strong Growth Pole

Jinjia Co. (002191) Quarterly Report Review 2019: Revenue Growth Exceeds Expectation Large Packaging + New Tobacco Builds Strong Growth Pole

Company announcements: 1) Quarterly report 19: Operating income 10.

10 ppm, an increase of 24 in ten years.

08%, net profit attributable to mother 2.

590,000 yuan, an increase of 21 in ten years.

81%, increased by 21 after deduction.

30%; revenue growth exceeded expectations.

2) Interim report performance forecast: It is estimated that the net profit attributable to mothers will be realized from January to June of 19 4.

55-4.

930,000 yuan, an increase of 20% -30% in ten years.

The steady growth of the main business of the 南京夜网 cigarette label and the high growth of the color box business drove the company’s excellent performance in 19Q1: the company’s revenue and net profit increased by 24 in 19Q1.

08%, 21.

81%, with outstanding performance. We believe that it mainly benefits from three aspects: 1) The main business of cigarette labeling: Against the background of the rebound in the industry’s production and sales growth, the company makes full use of strong design and R & D capabilities while seizing opportunities for product structure upgrades.The growth of the main business of cigarette labels has maintained a good trend.

2) High growth of color box business: The company’s own advantages in the field of color boxes focus on the development of fine cigarette boxes, 3C packaging, and wine boxes, and transform the continuous development of new 失败:重查 customers in various fields. We believe that the company’s color box business will grow rapidly in the future.Sustainability expectations.

3) Investment income (Guizhou Shenren, Shanghai Rencai, etc.) contributes incrementally.

The gross profit margin decreased due to the improvement of the product structure; the cost control ability improved: the company’s comprehensive gross profit margin in 19Q1 was 43.

81%, a decrease of 3 per year.

33pct, mainly due to the increase in the percentage of revenue from color box products with a reduced gross profit margin and the change in the structure of cigarette label products; the current gross profit margin of color boxes is still climbing, and the future gross profit level will continue to increase.

In terms of expenses, the company’s expense ratio during the 19Q1 period was 11.

86%, falling by 2 every year.

37pct, in which the sales and management expense rates decreased by 0.

36, 2.

64pct, we judge that the increase in the decrease in management expense rate is mainly due to the improvement of the company’s ability to control expenses.

Launched a three-year strategic plan to consolidate efforts to promote the development of large packaging and new tobacco business: The company announced the launch of the “Three-year Development Strategic Planning Outline (2019-2021)”, which clearly proposed cohesive efforts and gradually promoted the development of the large packaging industry.(Standards, wine bags, premium packaging, etc.) and actively fostering a new tobacco industry; and put forward to strive to compound and maintain more than two annual net profits in 19-21.

Profit forecast and investment recommendations: Taking into account the steady growth of the company’s main business of cigarette labels, the high growth of the color box business and the incremental contribution of investment income, we maintain the company’s 19-21 year net profit8.

98/10.

96/13.

26 trillion, corresponding to 0 EPS.

61/0.

75/0.

91 yuan, the current sustainable corresponding PE is 24X / 19X / 16X, maintaining the “buy” level.

Risk warnings: Downside risks to cigarette production and sales; customer expansion beyond expected risks; new tobacco-related policy risks.

121 companies’ return on net assets in the first three quarters exceeded 20%

121 companies’ return on net assets in the first three quarters exceeded 20%

Original title: 121 companies in the first three quarters have a return on net assets of more than 20%. The agency proposes four main lines for the pharmaceutical and biological industry. Source: Securities Daily, trainee reporter Xu Yiming. Return on net assets refers to the percentage of the company’s after-tax profit divided by net assets.This indicator reflects the level of return on shareholders’ equity and is estimated to be the efficiency of the company’s use of its own capital.

Analysts said that, in general, the value of the return on equity index indicates that the returns to investors are more considerable, and this index has also become an important reference basis for investors to judge the company’s capital utilization efficiency, its future growth capacity and investment value.

  ”Securities Daily” reporter found that according to the flush flush statistics, a total of 121 companies in Shanghai and Shenzhen have a return on net assets of more than 20% in the first three quarters of 2019.

Among them, Boxin shares (75.

44%), Minhe shares (71.

70%), Ningbo Fubon (68.

47%), violet optics are large (56.

00%) and other 4 companies reported a return on first-level net assets exceeding 55%.

In addition, 21 companies including Chongqing Beer, Yuanwanggu, Yaxing Chemical, Qisheng Technology, Zhejiang Guangsha, Shangfeng Cement (right protection), Zhifei Biological, Pingzhi Information, Zhuoshengwei, Huiding Technology, etc.The return on net assets is over 30%.

  In addition, among the above 121 companies, 4 companies including Boxin, Minhe Co., Ltd., Zhejiang Guangsha, and Zhonggong Education have increased their return on net assets by more than 30 in the first three quarters of this year compared with the same period of the previous year.24 internal companies such as Nachuan, Osai Kang, Huiding Technology, Hongchuang Holdings, Tianyu, Shengnong Development, Dunan Environment, Jiayu (right), Xinhua Medical, Kangdal (right), etc. report net assetsYield increased by more than 10 mergers over the same period last year.

  It is worth mentioning that nine companies including Shanghai Xinyang, Jinyi Technology, ST Xinmei, Yuanwanggu, Ningbo Fubon, * ST Integration, Dahua Intelligent, Huasu Holdings, * ST Ankai, etc.Return on net assets changed from negative to positive compared to the same period last year.

  The reporter further combed and found that the above 121 companies are mainly distributed in the three categories of medical industry, electronics, food and beverage and other first-class industries, involving 22, 14, and 13 companies.

  Regarding the future market investment strategy of the pharmaceutical and biological industry, Bohai Securities said that the supply-side structural reform of the alternative pharmaceutical industry will be further deepened, and policies such as consistency evaluation, volume purchase, and tiered diagnosis and treatment will help the industry to further increase its concentration.The price of high-value consumables will fall, and innovative medicines with outstanding clinical value may benefit in the long term and be translated into the completion of the three quarterly report. Investors are advised to focus on the following four main lines of investment based on changes in performance and policy and industry layout: 1.
The domestic new drug research and development environment is hot. CRO (Biomedicine R & D Outsourcing) and CMO (Global Biopharmaceutical Contract Production) will continue to maintain a high level of prosperity. Recommended target Gloriain, Tiger Medicine; 2.
2. Under the background of volume purchase, recommend high-quality specialty pharmaceutical companies Hengrui Pharmaceutical, Kelun Pharmaceutical, Jianyou Shares; 3.
4. Import substitution is used to recommend Antu Bio, Lepu Medical, a manufacturer of high-quality medical equipment and consumables; 4.
Benefiting from consumption upgrades, we recommend consumer services or drug suppliers Wowu Biotech and Anke Biotech.

  In terms of institutional rating, within the past 30 days, among the 121 stocks mentioned above, 8 stocks including Guizhou Moutai, Chenguang Stationery, Shanxi Fenjiu, Hang Seng Electronics, Hikvision, Xinwei Communication, China Public Education, Ping An of China were all over 20Focused on the average value, including Changchun High-tech, Mindray Medical, Haitian Flavor, China International Travel Service, Yanghe Co., Ltd., Zhejiang Meida, Hengli Petrochemical, Aier Ophthalmology, Shennan Circuit, Huaxin Cement, Huaxia Happiness and other internal 32A stock institution is also optimistic that the number of graded homes also exceeds 10.

  Regarding the first share of Moutai, Guizhou, Shanghai and Shenzhen, Fortune Securities said that due to the company’s active adjustment of product channels, the terminal prices of Feitian Moutai liquor across the country have gradually dropped to 2100 yuan / bottle to 2300 yuan / bottle. Market demand is limited by capacity.Still tight.

The company’s brand strength forecasts that the advantages of product channels are obvious, and it is still a relatively deterministic liquor company. The return of prices to rationality is more conducive to the company’s long-term growth.

With reference to the company’s 北京夜网 fundamentals and future room for growth, maintain the “recommended” level.

Poly Real Estate (600048) January 2020 sales data review: Spring Festival month sales temporarily weak and take a positive attitude towards land

Poly Real Estate (600048) January 2020 sales data review: Spring Festival month sales temporarily weak and take a positive attitude towards land

Event: On February 11, Poly Real Estate announced the sales data for January, and the contracted amount in January reached 235.

9 trillion, ten years -29.

8%; Achieved contracted area of 157.

60,000 square meters, at least -30.

9%.

Added surface 231 in January.

60,000 square meters, +371 per year.

1%; total land price 124.

9 trillion, +443 a year.

0%.

Comments: January sales of 23.6 billion, -30% per year, affected by the spread of the epidemic and the Spring Festival transition sales are temporarily weak in January the company’s sales amount of 235.

900 million, -44.

0%, ten years -29.

8%, -45 from last month.

1pct; sales area 157.

60,000 square meters, -48.

2%, at least -30.

9%, -33 from last month.

3pct, lower than the 45 cities tracked by our middle school in January, the turnover area changed by -19.

2%; average selling price of 14,970 yuan / square meter, +8 chain.

1%, ten years +1.

5%.

Under the dual influence of the beginning of the Spring Festival and the spread of the epidemic, the company’s sales interval in January dropped temporarily. However, considering the first and second-tier cities, the destabilization of the first and second-tier markets is relatively stable. The current demand for home purchases is only delayed but not disappeared.The amount will continue to increase steadily.

In January, the company obtained 9 projects in 8 cities including Tianjin, Zhengzhou, Fuzhou, Changchun, Lanzhou, Quanzhou, Jining, Huai’an, etc., corresponding to 231 new construction areas.

60,000 square meters, -66.

7%, +371 per year.

1%, of which 86% are newly added equity.

0%, +17.

0 points; corresponding to the total land price of 124.

900 million, -67.

1%, previously +443.

0%, taking land proportion 52.

9%, -37 from last month.

2pct; the average floor price is 5,394 yuan / square meter, -1 ring.

4%, the average land price in early 19 years was -6.

9%.

Since November 11, 19, the company has achieved a three-month increase in land acquisition area for three consecutive months. The attitude of land acquisition has obviously changed to positive, and the proportion of land acquisition rights has increased for three consecutive months. In terms of land acquisition area, in JanuaryThe company continued to focus on the nation’s balanced layout and properly controlled land costs.

Investment suggestion: The sales in the Spring Festival are temporarily weak, and the attitude towards land acquisition becomes positive. Maintaining the “strong push” rating company’s positive change began in 16 years. In terms of goals, chairman Song Guangju proposed to return to the top three in the industry in the next three years, revealing the leading spirit of state-owned enterprises;In terms of incentives, in 17 years, a vigorous follow-up investment program was launched to lead the highest level of central enterprises to eliminate the criticism of insufficient incentives. In terms of resource integration, the acquisition of real estate projects owned by AVIC Group was completed, and the acquisition of Poly Real Estate’s equity has also made breakthrough progress, showing the advantages of resource integration;In 19 years, the company actively acquired land, focusing on the first and second tiers and urban areas. The optimization of the structure of land acquisition and the steady decline in costs, while the company’s sales continued to increase rapidly, the current performance has entered a bumper period.In addition, the listing of Poly Real Estate’s Hong Kong stocks is beneficial to the company’s assessment.

We maintain the company’s forecasted earnings for 2019-212.

23, 2.

67, 3.

08 yuan, corresponding to the PE of 19-20 is 6.

7 and 5.

6 times, 18A, 19E 深圳spa会所 dividend yields of 3 respectively.

3% and 4.

7%, maintaining target price of 20.

62 yuan, maintaining the “strong push” level.

Risk warning: The real estate industry’s policies have tightened more than expected and industry funds have tightened more than expected.

Shenghe Resources (600392): Increased revenue, decreased profits, rare price increases, and performance elasticity

Shenghe Resources (600392): Increased revenue, decreased profits, rare price increases, and performance elasticity
Investment Highlights The company released the first quarter report of 2019: to achieve revenue of 15.8.3 billion, +15 a year.34%, +73.87%; net profit attributable to mother was 3472.840,000 yuan, at least -54.81%, +167.15%. The difference between the company’s revenue and net profit growth in 2019 is mainly due to the following reasons: 1. The price of medium and heavy rare earths increased or the company’s revenue increased.In the first quarter of this year, due to the tightening of imported ore in Myanmar, the supply of domestic raw ore was insufficient, and the prices of thorium oxide and thorium rose respectively.6%, 5.6%.2. Impairment is obviously accrued to affect profits.Q1 was affected by fluctuations in the prices of major products, and the company accrued 4035 for asset impairment losses.20,000 yuan, -6.06 million yuan in the same period last year.3. The growth rate of gross 北京桑拿洗浴保健 profit margin dragged down Q1 performance. As the company’s cost growth rate in the first quarter was higher than the revenue growth rate, the decline in gross profit margin decreased.17pct, dragging down performance and extending the extension. Benefiting from the increase in rare earth prices, the company’s performance is relatively elastic.In 2019, domestic heavy and medium rare earths suffered from the impact of Myanmar ‘s imports, supply shortages, and price increases significantly. Although the company does not have medium and heavy rare earth mines, the company usually reserves 3 months of raw material safety stock, and it will extract a certain amount in the recycling businessThe amount of medium and heavy rare earth elements, and reserves of medium and heavy rare earth oxide products inventory.According to the data 南京桑拿网 disclosed by the company’s inventory subjects, the company’s inventory scale has continued to grow rapidly since the fourth quarter of 2018, and the company promoted the procurement of raw materials to lock in the rise in raw material prices in the first quarter, resulting in a negative net cash flow from operating activities.value.According to our calculations, if thorium oxide is increased, the price of thorium will increase by 50%, the company’s performance will increase by 58 million yuan, and the performance elasticity will reach 17%. The layout of the company’s rare earth full industrial chain + titanium-titanium industrial two-wheel drive industry structure can slightly affect the performance of the rare earth price fluctuations; at the same time, the company’s Mountain Pass mine in the United States, Thailand’s 2000-ton smelting separation capacity, and Vietnam’s rare earth metalsThe production capacity layout will bring the company’s rare earth business to increase production. Lowered the company’s profit forecast: It is expected that the company will achieve net profit attributable to its mother from 2019-2021.700 million, 4.4.9 billion, 4.82 trillion, EPS is 0.21 yuan, 0.26 yuan, 0.27 yuan, calculated on April 26, PE is 50X, 41X, 38X.Maintain the level of “prudent overweight”. Risk reminders: 1. Less than expected demand for neodymium iron boron; 2. Sharp changes in rare earth prices; 3. Unexpected development of new energy vehicles

Huaxin Cement (600801): Repurchase Plan and Comments on Bonds Outside the Proposed Issuance-High Repurchase Highlights Confidence Overseas Debt Helps Expand Overseas

Huaxin Cement (600801): Repurchase Plan and Comments on Bonds Outside the Proposed Issuance-High Repurchase Highlights Confidence Overseas Debt Helps Expand Overseas

The company announced on December 18 that it plans to repurchase A shares1.

0?
1.

A follow-up employee stock plan of 2.5 billion U.S. dollars or equity incentive plan; at the same time, it plans to issue overseas bonds of up to 500 million U.S. dollars.

Our comments are as follows: The company’s repurchase of shares at a high level 四川耍耍网 demonstrates its confidence in the company’s future development, and subsequent incentives will effectively mobilize enthusiasm; the issuance of overseas bonds will support the company’s strategic layout overseas.

Taking into account factors such as the firm increase in volume and price in the company’s regional market in the fourth quarter, we raised our 2019 net profit forecast to 67.

800 million (previous forecast 64.

0 billion), maintaining the net profit forecast for 2020-2167.

9/66.

1 ppm, corresponding to an EPS forecast of 3.

23/3.

24/3.

15 yuan (previous forecast was 3).

05/3.

24/3.

15 yuan), the corresponding PE is 6.

9x / 6.

8x / 7.

0x, maintain “Buy” level.

Calculated by the upper limit of the repurchase price, the number of repurchased shares is expected to account for 0 of the company’s 北京夜生活网 total share capital.

15% -0.

19%, high repurchase shows the franchise’s confidence in the company’s future development, and subsequent employee incentives are expected to effectively mobilize enthusiasm.

The maximum repurchase price of the company is the average price for the 30 trading days before the resolution of the board of directors21.

35 yuan / share of 150% (32.

03 yuan), based on the repurchase price ceiling, the estimated number of repurchasable shares is 312?
3.9 million shares, accounting for 0 of the total share capital.

15% -0.

19%.

We believe that under the current company’s expectations within a reasonable range, the company expects a larger cap on the repurchase price, which shows its long-term confidence in the future development of the company, and the use of employee incentives for subsequent stock repurchases will also effectively motivate employees.
The financing cost of overseas bonds is generally higher than the domestic average before, and can be used directly overseas after financing. If the overseas bonds are successfully issued, it will help support the company’s strategic layout of overseas expansion.

According to the company’s overseas investment plan, the company’s overseas investment will reach more than 700 million US dollars in 2020, which is mainly used for overseas cement production line construction (Nepal, Uzbekistan) and mergers and acquisitions.

The company currently has sufficient funds in hand and reasonable debt levels (termination of 3Q19 monetary funds 58.

6 trillion, asset-liability ratio 38.

7%), but in order to reduce financing costs, improve debt structure and retain sufficient cash for operators, we believe that the issuance of bonds outside the sector is an important support for the company’s strategic expansion of overseas expansion and continued growth in cement production capacity.

Demand in the core market during the construction period is strong, and the average price of the four seasons remains better.

After the military games in Hubei area, the demand resumed strong. According to the China Cement Association data, Hubei cement output in November 2019 accumulated +9.

7%, Hubei cement output increased by +5 from January to November.

5%, an increase of 0 earlier in January-October.
5pc; from the price point of view, Q4 (continued last week), the average regional price in Hubei increased by 50-70 yuan compared to Q3, an increase of 15-20 yuan over the same period last year.

Considering that Hunan (the volume and price both rose) and Yunnan (the volume and price increased steadily) and other regions also performed well, we believe that the overall volume and price maintained a good state in the fourth quarter.
Risk factors: The implementation of the repurchase program and the issuance of overseas bond programs faces uncertainty; the counter-cyclical adjustment is weaker than expected; the peripheral low-price cement disturbs the market, etc.

Investment suggestion: Considering factors such as the firm volume and price of the company’s regional market in the fourth quarter, we raised our 2019 net profit forecast to 67.

800 million (previous forecast 64.

0 billion), maintaining the net profit forecast for 2020-2167.

9/66.

1 ppm, corresponding to an EPS forecast of 3.

23/3.

24/3.

15 yuan (previous forecast was 3).

05/3.

24/3.

15 yuan), the corresponding PE is 6.

9x / 6.

8x / 7.

0x, maintain “Buy” rating.