First, let's take a look at a very ugly trend in the market.
In this period of three months, there were intermittent 40 down limits.
The stage of *** consists of 339 yuan, all the way to 065 yuan, still in the fall limit. Within three months*** it was more than 80% and reached 8133%。
It is worth noting that on the down limit board sealing order, it is as high as 1800,000,000,000 shares, waiting to be sold, waiting to be taken.
However, this kind of continuous fall limit, the word board down limit, the opening of the fall limit, the gap down limit, the infinite down limit. **Word board**, gap**, who can take the plate?
In the process of the last 9 consecutive trading days, the average turnover rate is only 031%。
In other words, such a key variety may have a few more in the future, or even n consecutive falling limits.
In the market, the lower *** awaits its arrival.
What is the name of such a breed?Its name is ST Oceanwide.
The total share capital of ST Oceanwide is 5 billion, and the outstanding share capital is 51700 million, in its *** short term **80% of the situation, the total market value is only 353.3 billion yuan, and the circulating market value is 35$1.8 billion.
He has a lot of concepts, he has the concept of diversified finance, the concept of ST plate, the concept of land circulation, the concept of property management, the concept of overall listing, the concept of being listed, and the concept of participating in new shares.
These concepts and themes form a major part of his main business income. However, two of these industries are the main ones of his operating income, and the operating income of the real estate industry is 204.4 billion yuan. The proportion of revenue to main business income reached 427%。
The operating income of the insurance industry is 288.8 billion yuan, accounting for 56 percent of the main business income15%。
The operating income of the trust industry and the ** industry accounts for only 0 percent of the main business income91%。
Judging from his fundamentals, as a relatively standard non-banking financial institution, the operating performance of the enterprise has declined sharply in the past three years, especially the proportion of the decline in the profit of the enterprise is getting larger and larger, and the range of losses is also increasing.
In 2020, the amount of net profit loss exceeded 4.6 billion, reaching 46200 million, the proportion of the company's operating profit decline exceeded 520%, reaching 522%.
In 2021, the loss exceeded 10 billion yuan, reaching 11.2 billion yuan. The year-on-year decline was again, and the proportion of decline was 1435%。
In 2022, the company's losses widened again, widening to 1153.6 billion yuan, a year-on-year decrease of 25%, the proportion of the decline has narrowed.
But in the first three quarters of 2023, the company's operating profit loss was 68800 million yuan. The year-on-year decline rate exceeded 200%, as high as 2074%。
When comparing the total operating income of an enterprise with the profit of the enterprise, the proportion of the decline in the total operating income is relatively low, and there is even a positive growth in some years.
For example, in 2020, the total operating income reached 1405.8 billion yuan, a year-on-year increase of 122%。
In 2021, the proportion of the company's total operating income growth was 66%, but the proportion of profit decline that year was 143%.
In the first three quarters of 2023, the company's total operating income decreased by 26%, but the company's revenue and profit decreased by 207%.
Why is the gap between the two important indicators of corporate financial expenditure so big?
Not only is the company's operating performance rapidly deteriorating and declining, but its net assets per share are declining rapidly.
For example, in 2020, the net assets per share were as high as 319 yuan, and the net assets per share in 2021 fell rapidly to 1$11.
In 2022, the net assets per share turned out to be -105 yuan. In the first three quarters of 2023, net assets per share were -232 yuan.
Flying down 3,000 feet.
His basic earnings per share has been in the red for three full years in a row, and his basic earnings per share for 2020 was -0889 yuan.
In 2021, the company's earnings per share was -2$16. In 2022, its basic earnings per share was -222 yuan.
The main financial indicators of the enterprise have completely fallen.
It is worth noting that ST Oceanwide has seen a wave of vigorous *** in the first half of 2023
There are 080 yuan, after seven months, it turned out to be 333 yuan.
However, seven months of **, can not withstand three months of **, after three months of **, not only all the number of **, but has also hit a new historical low in the secondary market **Why is the fluctuation so large?
This kind of heart-wrenching trend has caused investors in the secondary market, especially small and medium-sized investors, to suffer certain losses, or even large losses. Leeks are uprooted.
Once again, the risks of ST varieties appear in front of the market.
What do you think?What would you do?Let's talk about it.