has been losing money for more than 3 years in a row, but it has exploded 5 daily limits, what is th

Mondo Finance Updated on 2024-01-30

Text |Yang Wanli.

Another short-term ** has appeared.

On December 21, Starlight Agricultural Machinery continued to increase the limit, setting a record of 5 consecutive boards. In today's intraday, the price limit of Starlight Agricultural Machinery was briefly opened, and then it was closed again. At press time, the company's share price is $145 yuan, with a total market capitalization of 402.3 billion yuan.

Who was involved in the transaction of Starlight Agricultural Machinery?According to the data of the Dragon and Tiger List, in the past three trading days, there have been floating capital, institutions and quantitative**.

On December 18th, the common seats of "** raising a family" and "first board excavation" were net 969510,000 yuan, 326300,000 yuan. On the contrary, the net sale of 2 institutional seats was 916350,000 yuan, 276290,000 yuan, a quantitative ** seat net sale of 174720,000 yuan.

On December 19, a quantitative** seat net sold 702220,000 yuan. On December 20th, the common seats of "Shangtang Road" and "New One" were net **1322350,000 yuan, 1319190,000 yuan.

What kind of company is Starlight Agricultural Machinery?And why did it soar?

On the news, the official recently held an important meeting, mentioning "effectively and effectively promoting the comprehensive revitalization of the countryside" and other content. At the same time, CCTV news broadcast reported that "agricultural science and technology", "agricultural modernization" and other content.

Some brokerages believe that "the country's favorable policies support the sustainable development of the agricultural machinery industry" and "the development challenges and opportunities of the domestic agricultural machinery industry coexist". In the secondary market, the concept of agricultural machinery is heating up rapidly, and Starlight Agricultural Machinery has been excavated by funds.

According to the data, the main business of Xingguang Agricultural Machinery is the research and development, production and sales of agricultural machinery, including combine harvesters, balers, etc. In addition, the software shows that the Internet of Things cloud platform of Starlight Agricultural Machinery is a professional Internet of Things smart solution tailored for the agricultural machinery industry by the "Datian IoT" under Datian Agricultural CooperativeStarlight Agricultural Machinery has applied unmanned technology to rotary tillers.

Judging from the financial report, in the past three years, the operating performance of Starlight Agricultural Machinery has been average. In 2020 and 2022, the revenue of Starlight Agricultural Machinery will decline year-on-year;From 2020 to 2022, the company's attributable net profit has been in the red for three consecutive years, with a total loss of more than 600 million yuan in three years. The non-net profit was also continuously lost.

In the first three quarters of 2023, Starlight Agricultural Machinery achieved revenue of 178.4 billion yuan, down 3012%;The attributable net profit and non-net profit were 18.97 million yuan and 71.99 million yuan respectively.

In the announcement of abnormal trading fluctuations issued on December 21, Xingguang Agricultural Machinery reminded "market transaction risk", "market transaction risk", and "small risk of external circulation". Xingguang Agricultural Machinery also said that the company's static P/E ratio and rolling P/E ratio are negative, both of which significantly deviate from the average level of the same industry.

It is worth noting that Starlight Agricultural Machinery once staged a bizarre scene in 2022

On and before January 17, 2022, the ** trend of Starlight Agricultural Machinery was strange, and it was sideways and similar to a loom for many trading days. Starting from January 18, 2022, Starlight Agricultural Machinery suddenly crashed, and since then, the stock price has fallen rapidly, reaching a minimum of 6 at the end of April last year53 yuan, a decline of more than 44%.

After that, Starlight Agricultural Machinery opened until December 15, opening a new wave of ***

In terms of institutional holdings, as of the third quarter of this year, the number of public offerings**, QFII, social security and other positions was zero, and a brokerage institution became the ninth largest circulating shareholder in the third quarter.

What do you think about the continuous daily limit of Starlight Agricultural Machinery?

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