| In general, investors take the opinions of analysts into consideration when they plan trading-programs because usually analysts are believed to be helpful for the right trading-decisions both in stock-picking and trade-timing."Stock-value"is a kind of eternal challenge for analysts. Most of group investors and individual investors take the same position in judging a stock for trading activities according to its intrinsic value, although they may find different ways to draw conclusions.The survey tries to explore the stock-value of YUN TIANHUA from the view of analysts in the stock market.There are four parts of the thesis. In the first part, the subject of"stock-value of YUN TIANHUA"is raised in order to act as a kind of"throwing out a brick for drawing pieces of jade."In the second part, the theoretical bases of the thesis are described briefly, including the theory on the value & price of stock and investment analysis and systematic trading. The methods of quantity-analysis and quality-analysis are applied to analyzing the stock-value of YUN TIANHUA concretely on a basis of the company's raw financial data in the main part—the third part. In the last part, the writer intends to share the trading experiences during almost seven years with the readers for their references by conditioning the decision-making of investment while their putting the report into practice. |