The company is a professional supplier of powder and granular material handling system solutions with pneumatic conveying as the core, integrating treatment process design, technology research and development, part of the core equipment manufacturing, automation control, system integration and related technical services, the main products include complete sets of powder and granular pneumatic conveying technology as the core, metering and batching, functional silos, filtration and separation, purification and dust removal and other single-function systems, as well as related equipment and components.
The company began to subscribe on December 29 and issued **7246 yuan shares, market value 36 before issuance2.3 billion, issue price-earnings ratio of 2078 times, the industry P/E ratio is 3013 times, belonging to the main board of the Shanghai Stock Exchange, the sponsor is Guoxin**.
From 2020 to 2022, the company's revenue was 471.2 billion, 97.8 billion, 104.1 billion, with a year-on-year increase of 643%;The net profit was 117.5 billion, 241.4 billion, 236.6 billion, net profit in 2022 increased by -1 year-on-year98%。
The company expects full-year 2023 revenue to increase by 15. year-on-year28%~34.49%, net profit increased by 18% year-on-year33%~47.92%, deducting non-net profit increased by 16% year-on-year12%~46.23%。
According to the 2022 annual report, among comparable companies in the same industry, the valuation of Bolong Technology is low in terms of dynamic and static P/E ratios.
Subscription Strategy:
The company's operation is not very stable, and its performance has been high and low in recent years, and its net profit in 2022 will increase by -1 year-on-year98%, but the company expects good growth in 2023. The company's issued price-to-earnings ratio is 2078 times, the industry P/E ratio is 3013 times, among comparable companies in the same industry, from the comparison of dynamic and static P/E ratios, the valuation of Bolong Technology is far low. The company has a moderate plate, with a total market capitalization of 483.1 billion, with a circulating market value of 120.8 billion, that is, the issue price of 7246 yuan is a bit expensive. Although the company's performance is good and the valuation is cheap, but the stock price is the most expensive in the same industry, bold friends subscribe, timid friends give up, the subscription level is cautious subscription, my plan or give up!
New stock subscription level: rest assured to subscribe》 Cautious subscription》 My remarks on giving up the subscription only represent personal views and do not constitute any investment basisFollow me: Xiao San Lao Yu