On December 19, the new stock market ushered in the issuance and subscription of Chenyi Intelligent (301578) on the GEM. It issued 3.42 million shares online, and the market value of 30,000 yuan was required for the top grid subscription.
The issue price of Chen Yi Intelligent is relatively high, at 4894 yuan, significantly higher than the 30 yuan generally believed by shareholders to hit the new safety line. However, despite the relatively high issue price, the issue price-to-earnings ratio is relatively low at 2650 times, which is lower than the industry's P/E ratio of 3316 times.
This may be a difficult problem for new investors to choose. On the one hand, the current new shares are still in the dividend period, and the new shares have recorded a sharp rise on the first day of listing in the past two monthsBut on the other hand, the ** of new stocks is always bursting, and everyone doesn't know when the vane of new stocks will turn, in case they encounter a new stock that is broken. And because the issuance base of Chenyi Intelligence is relatively high, if it breaks, the degree of reverse discount will be relatively large. Therefore, some shareholders said: "I am depressed when I win the lottery"!
Indeed, winning the new shares should be a very happy thing, and no one wants to be in the embarrassment of breaking the issue.
Chenyi Intelligent is mainly engaged in the design, research and development, production and sales of intelligent controllers and intelligent products. The main products are home appliance intelligent remote controls and smart products.
In terms of fundamentals, Chen Yi Intelligent achieved operating income of 4 in the first three quarters of this year8.9 billion yuan, down 8 percent year-on-year24%；The net profit attributable to the parent company was 6474860,000 yuan, a year-on-year increase of 827%。
In the last three years, the company's operating income was 45.4 billion yuan, 62.2 billion and 74.5 billion yuan, and the revenue growth rate of the previous year was 1972%。The corresponding non-net profit was 54.43 million yuan, 63.65 million yuan and 96.9 million yuan respectively, and the growth rate of the previous year was 5224%。The company expects full-year 2023 revenue to increase by -467% to 070%, net profit increased by -0 year-on-year73% to 491%, deducting non-net profit increased by -8 year-on-year16% to -197%。
According to the issuance plan, Chenyi Intelligent originally raised 39 billion yuan, which is intended to be used for new projects of production bases and R&D center construction projects.
However, after the end of the institutional inquiry, the total number of shares issued corresponding to 12 million shares and 48The issuance of 94 yuan**, the total amount of funds raised by Chen Yi Intelligent is 58.7 billion yuan, over-raised by 19.6 billion yuan, an "increase" of 5045%。Its sponsor is Henyep **.
After the successful issuance, the total market value of Chen Yi Intelligent is 234.9 billion yuan, which belongs to the category of small-cap stocks, corresponds to the performance data of the latest three quarterly reports, and its dynamic price-to-earnings ratio is 2720 times. Compare the valuations of listed companies with similar businesses, but because Weida Intelligence, Difu Electronics, Chaoran Technology, etc. are listed in other sectors, the premium rates are different, so it is difficult to compare.
The issuer's main customer groups are consumer electronics brands and manufacturers such as Huawei, Xiaomi, XGIMI, Changhong, Skyworth, Jomu, China Telecom, Hisense, TCL, Vestel, Panasonic, and UEIC.
For every 500 shares that are won, you need to pay a winning fee of 24,470 yuan, which is close to 25,000 yuan, which should make many cautious shareholders avoid new listings.
However, due to the current stage of the GEM new stocks, the market has generally given hot speculation, therefore, some active shareholders should be able to gamble.
As for the author, if he wants to fight but does not dare to fight, he may use the consistent strategy of tossing a coin to decide whether to fight a new one. If the result is to participate in the new game, then the subsequent lottery will also be decisively paid for the lottery. After all, this is the wealth arranged by God, and the wealth is in heaven!
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!