Less than 0The stock price of 5 yuan made *ST Bolong (002776), *ST Huayi, *ST Oceanwide 3 shares locked in the face value in advance and delisted, even if the next few trading days continued to rise, the company's stock price could not get rid of the fate of less than 1 yuan for 20 consecutive trading days. According to the statistics of Oriental Wealth Choice, the number of face value delisting** in 2023 has increased significantly compared with 2021 and 2022, and 20 shares have been "delisted" during the year. In addition, up to now, the number of penny stocks on the A** field is also relatively large, and according to statistics, excluding the 3 shares that lock in the "face withdrawal", there are 59 shares with a stock price of less than 2 yuan.
3 shares are about to be "withdrawn".
On the evening of December 24, *ST Oceanwide disclosed the risk that the company's stock price may be terminated due to the stock price being lower than the par value, and the company's price has been lower than 1 yuan for 17 consecutive trading days. After calculation, even if *ST Oceanwide continues to rise for three consecutive trading days, the company's stock price will be difficult to return to more than 1 yuan, and the company's face value delisting is a foregone conclusion. And the same fate as *ST Oceanwide is *ST Bolong and *ST Huayi.
According to the Listing Rules, if the daily price of a listed company is lower than 1 yuan for 20 consecutive trading days, the exchange will terminate its listing transaction. On December 22, *ST Bolong, *ST Huayi, and *ST Oceanwide all fell to the limit of "one", and the latest ** prices were 044 yuan shares, 039 yuan shares, 044 yuan shares, which are the 18th, 18th, and 17th trading days when the stock price is lower than 1 yuan.
This also means that after three trading days, the above three shares will be delisted at a par value of less than $1 for 20 consecutive trading days.
Behind the stock price being voted by investors "with their feet", *ST Bolong, *ST Huayi, and *ST Oceanwide are not optimistic at present, among which *ST Oceanwide is also facing the risk of forced delisting in the financial category.
It is understood that due to the negative audited attributable net assets at the end of 2022, and the lower of the net profit after deducting non-profits in 2020, 2021 and 2022, whichever is lower, and the 2022 annual audit report shows that there is uncertainty in the company's ability to continue operations, *ST Oceanwide** trading has been subject to delisting risk alert and other risk warnings since May 5, 2023.
According to the "Third Quarter Report 2023" disclosed by *ST Oceanwide, the company's attributable net assets at the end of September 2023 were -120$5.4 billion (unaudited). Since the court has ruled to terminate the company's pre-reorganization procedure, if the company's asset-liability structure cannot be effectively improved by the end of 2023, the company will face a greater risk of financial forced delisting according to the relevant provisions of the Listing Rules of the Shenzhen Stock Exchange.
ST Bolong and *ST Huayi both have financial fraud, and both companies are relatively well-known, *ST Bolong is the "first stock of clothing design", and *ST Huayi is Chen Daorong, a Zhejiang businessman, and is also the first listed company on the main board of Wenzhou.
During the year, the number of "face withdrawal" stocks increased significantly.
According to the statistics of Oriental Wealth Choice, there has been a significant increase in "face withdrawal" stocks during the year compared with the previous two years, and 20 shares have been delisted so far during the year, while in 2020 and 2021, the number of shares and 1 share were respectively 7 shares and 1 share.
In terms of time, the number of delisted shares with par value in August this year is the largest, with 7 shares, including *ST Honggao, ST Sunshine City, *ST Tianrun, *ST Soute, ST Tahoe, *ST Zixin;Followed by June, there were 5 delisted shares of *ST Zhongtian, *ST Pang, *ST Hongtu, *ST Yikang, and *ST Blu-ray;In July, 4 shares of *ST Jiakai, *ST Songdu, ST Yuetai, and ST Meizhi were delistedIn February, March and April, 1 share, 2 shares and 1 share were delisted at par value, of which the delisted shares in February were *ST Kaile, the delisted stocks in March were *ST Ronghua and *ST Xiyuan, and the delisted stocks in April were *ST Jinzhou.
Judging from the stock prices of the above 20 shares at the time of delisting, the lowest are ST Sunshine City, *ST Zixin, and ST Yuetai, all of which are 0$37 shares.
Xu Xiaoheng, an investment and financing expert, told the Beijing Business Daily reporter that the current delisting of junk stocks has shown a trend of normalization, and under the concept of value investment, an orderly capital market ecology is accelerating the formation, and the market is accelerating the clearance of this kind of **, and the virtuous cycle mechanism of survival of the fittest of listed companies has been gradually established.
Financial commentator Zhang Xuefeng also said in an interview with a reporter from Beijing Business Daily that the sharp increase in face value delisting** this year may be caused by a combination of factors. First of all, the China Securities Regulatory Commission has strengthened the supervision of listed companies to reduce the number of listed companies with poor quality to continue to be listed in the capital market. Secondly, changes in the market environment have also played a driving role. With the continuous strengthening of investor education, investors have higher and higher requirements for the quality of listed companies, and some listed companies with poor fundamentals and lack of sustainable profitability will gradually be abandoned by investors.
62 shares were priced below $2.
According to statistics, as of the latest ** day, there are 62 shares in the A** market with a share price of less than 2 yuan.
Specifically, excluding *ST Bolong, *ST Huayi, *ST Oceanwide 3 shares, as well as ST Hongda, *ST Aidi, two shares of less than 1 yuan, as of December 22, the two shares were reported at 093 yuan shares, 0$98 shares.
ST Xinhai, ST Shimao, ST Xingyuan, ST Dehao, Yongtai Energy and other 57 shares are between 1 and 2 yuan. According to the statistics of Oriental Wealth Choice, there are 26 ST shares among the above-mentioned penny stocks, accounting for more than 40% of all 62 shares.
From the perspective of the operating capacity of ST shares, the attributable net profit of 21 shares in the first three quarters of this year was in a state of loss, of which the loss of more than 1 billion yuan included *ST Oceanwide, ST Tesco, ST Shimao, *ST Xinlian, and the above 4 shares achieved attributable net profit of about -68 during the reporting period8.7 billion yuan, -260.7 billion yuan, -212.6 billion yuan, -175.8 billion yuan.
In the first three quarters of this year, the net profit loss was between 100 million and 1 billion yuan, including ST Hongda, *ST Jinglan, *ST Meishang, ST Daji, ST Zhongzhu, etc., and the remaining 7 shares in the first three quarters of the net profit loss were below 100 million yuan.
Among the above-mentioned **, ST Modern was recently filed by the China Securities Regulatory Commission on suspicion of illegal information disclosure. It is worth mentioning that this is not the first time that ST Modern has been filed this year. On June 1 this year, ST Modern disclosed that the company received the "Notice of Case Filing" issued by the CSRC on May 31, and the CSRC decided to file a case against the company because the company did not disclose the 2022 annual report within the statutory time limit.
It is understood that ST Modern was listed in 2012, and the company's main business is the research and development and design, outsourcing production, brand promotion and terminal sales of its own brand Canudilo (Canudilo high-end), as well as the development of international first- and second-tier clothing brands. In response to the company's future business plan and other related issues, a reporter from Beijing Business Daily called the office of the secretary of the board of directors of ST Modern for an interview, but no one answered.
Beijing Business Daily reporter Ma Changchang.