广州冷机变身后的业绩之谜（The enigma of performance in Guangzhou refrigerator）.docVIP

广州冷机变身后的业绩之谜（The enigma of performance in Guangzhou refrigerator） As soybean crushing enterprises, what is the high rate of return on assets? Sharp fluctuations in soybean prices, the company why spared from loss The high rate of return on net assets, whether the company has the financial risk The international financial crisis, the company can ride out the crisis? Last Thursday, the suspension of nearly a month of Guangzhou refrigerator (000893) announced the overall asset replacement program. It is noteworthy that soon into the nations largest private enterprise - Guangzhou green soybean oil company, performance was a bit incredible: 2008 1-8 month, the rate of return on net assets is as high as 108%, the year is expected to exceed 133%. Commitment while the release earnings forecast, Guangzhou zhizhiyuan 2009 profit amount not less than 200 million yuan, the conversion rate of return on net assets of more than 80%, or major shareholders will be filled difference. No, an oil press? Where is this high return on equity? Moreover, since the beginning of this year after the continuous soybean price spike, so many soybean processing enterprises suffered heavy losses, difficult, as private enterprises in Guangzhou zhizhiyuan what boast such a Haikou? At the same time, the companys current asset liability ratio as high as 83%, the impact of the international financial crisis, the company will face enormous financial risks? When the announcement came, it attracted many questions. Hedging, risk management, success or failure For many investors doubt, an interview with the general manager of Guangzhou zhizhiyuan company Hou Xuntian did not answer immediately, he first of soybean processing it is a history of thousands of years of traditional industries has made a systematic introduction, I hope reporters can change the perspective of the company, the company of the industry have a new understanding. With the improvement of living standards and the transition from eat well t