On December 22, the new stock market ushered in the issuance and subscription of SolaX Energy. It issued 9.6 million shares online, and the top grid subscription needs to be matched with the Shanghai market value of 9500,000 yuan.
SolaX Energy's issue price is quite high, at 5566 yuan, significantly higher than the 30 yuan generally believed by shareholders to hit the new safety line. However, despite the high issuance, it has a low price-to-earnings ratio of only 795 times, which is lower than the industry's P/E ratio of 1742 times.
This is a new stock issued, and it should be a difficult problem for new shareholders to choose. On the one hand, the stock price performance of new shares on the first day of listing in the recent stage is good, and the general surge gives the winners a new gift packageBut on the other hand, the market has not yet been tested by ** new stocks, and I don't know if investors will also give a high premium to ** new shares like other new stocks. If you unfortunately encounter the embarrassment of breaking, then due to its high base, the degree of reverse discount is also a bit large, therefore, some shareholders said for the dilemma: "Tangled can't eat"!
SolaX Energy is a provider of photovoltaic energy storage systems and products, mainly providing photovoltaic energy storage inverters, energy storage batteries and grid-connected inverters to overseas customers, which are used in the field of distributed photovoltaic energy storage and grid-connected products, and the main products are photovoltaic energy storage systems and products, energy storage inverters, energy storage batteries, and smart energy management systems.
In terms of fundamentals, SolaX Energy achieved operating income of 40 percent in the first three quarters of this year0.7 billion yuan, a year-on-year increase of 4865%；The net profit attributable to the parent company was 101.8 billion yuan, a year-on-year increase of 9065%。However, the rapid growth in the first half of the year, if you look at it in a single quarter, the third quarter fell a little bit year-on-year.
In the last three years, the company's operating income was 38.9 billion yuan, 83.3 billion and 461.2 billion yuan, and the revenue growth rate of the previous year was 45386%。The corresponding non-net profit was 19.21 million yuan, 65.03 million yuan and 112 billion yuan, the growth rate of the previous year was 162276%。The company expects that the revenue in 2023 will be basically the same as last year, the net profit will be basically the same as last year, and the non-net profit will be basically the same as last year.
According to the issuance plan, SolaX Energy originally raised 80.8 billion yuan, which is planned to be used for energy storage battery and inverter expansion projects, photovoltaic storage smart energy R&D center construction projects, etc.
But after the end of the institutional inquiry, the total number of 40 million shares issued corresponds to 55With an issue price of $66, the total amount of funds it raised was $222.6 billion yuan, overraised 141.7 billion yuan, an "increase" of 17529%, which is probably the largest proportion of over-raising funds in the past two months. Its sponsor is China Merchants **.
After the successful issuance, the total market capitalization of SolaX Energy is 890.6 billion yuan, corresponding to the performance data of the latest three quarterly reports, its dynamic price-earnings ratio is 656 times. Compared with the valuation of listed companies with similar businesses, GoodWe's dynamic P/E ratio is 15 times, Jinlang Technology is 25 times, Hoymiles is 33 times, Yuneng Technology is 50 times, Peneng Technology is 19 times, Sungrow is 12 times, and Sineng Electric is 37 times.
For every 500 shares that are won, you need to pay 27,830 yuan, which should make many cautious shareholders avoid subscribing to it. However, SolaX Energy is subscribed to the Science and Technology Innovation Board with the highest risk appetite, and given its high-quality corporate attributes, there should be many active shareholders participating in the game.
For most of the new investors, because the science and technology innovation board requires a capital threshold of 500,000 yuan, many ** investors have "retreated" at once, avoiding their entanglement in the new market. Therefore, they don't have to worry about what to do after winning the lottery, after all, "no sale, no harm"!
Risk Warning: The views expressed in this article are for communication purposes only and do not constitute your investment advice. Investment is risky, and you need to be cautious when entering the market!Thank you for your likes, ** and collections, I wish you a long rainbow!