To analyze the market, data speaks, first look at a set of data.
There is a registration-based issuance of new shares, which has been listed for 35 months, but what is more interesting is that there have been three halves in nearly three years.
For the first time, the secondary market was cut in half, and the secondary market was cut by 4888 yuan, ** to 2500 yuan, ** range reached 50%, but it only took 3 months.
The second halved of the secondary market by 2500 yuan, fast ** to 1230 yuan, the time of the stage ** is five months.
That is to say, on the whole, within eight months after the listing, the stage of *** from a relative high of 4900 yuan, fast ** to 1230 yuan.
Then, his *** went sideways at the opposite bottom, and the sideways lasted for more than 19 months, but interestingly, it's still not over.
This was followed by the third halving, **by 1230 yuan, directly to the lowest point of the stage 698 yuan, successfully completed the third halving.
It is worth noting that such a new ** has only been on the market for 35 months, and there have been three halves within 35 months, with a range of more than 85% and as high as 8567%。
Directly by 4888 yuan all the way to 7Around 00 yuan, it is still running in a relatively standard descending channel.
Whether it is its 5th day**, 10th day**, 20th day**, 30th day**, 60th day**, 120th day**, 250th day**, etc., all present a relatively standard state of short arrangement.
In other words, its ** is far from over, and it is constantly creating new lows, which is his important trend direction.
From the analysis of the medium and long-term technical indicator MACD, after the MACD dies below the zero line, the green bar is continuously amplified and rapidly amplified.
In the short to medium term, the upward pressure is still relatively large, while the downward trend is relatively smooth.
What is even more noteworthy is that such a variety is the cut-off line at the time of its listing, and the company's operating performance has maintained moderate growth in the three years before it is listed.
For example, listed in 2021, the proportion of corporate net profit growth in 2019 was as high as 42%, and the company's net profit in 2020 exceeded 90 million yuan, reaching 99.54 million yuan.
However, in the year of listing in 2021, the company's net profit fell directly to 63.5 million yuan, a year-on-year decrease of 36%.
Isn't a 36% drop enough?
But you're thinking too much.
In 2022, there will be a direct loss in the company's operating performance, with a loss of 27.94 million yuan, and the proportion of the company's net profit decline will exceed 100%, reaching 143%.
In 2023, will companies be able to stop falling and rebound?
Again, you're thinking too much.
In the forecast of the company's operating performance in 2023, the net profit attributable to the parent company is negative 28 million yuan to 45 million yuan, and the proportion of the year-on-year decline is 022% to 4317%。
The total operating income of the enterprise increased from 16 in the year of listing300 million yuan, directly down to 10. in the first three quarters of 2023600 million yuan.
In the past three years, the total operating income has fallen by as much as 60%.
For another example, in the first year after listing, the proportion of total operating income decline in 2022 is 1586%, and the proportion of the decline in the total operating income of enterprises in the first three quarters of 2023 is 79%。
What is even more interesting is that the net profit of enterprises has fallen for six consecutive years, or even by a large margin.
Whether it was before or after the listing, it was all down.
In the year of listing in 2021, the proportion of ROE decline was as high as 587%, and the return on net assets of enterprises in 2022 turned out to be negative, which is minus 25%, and the proportion of year-on-year decline is 138%.
In the first three quarters of 2023, the return on equity was negative 242%, again declining. The percentage of declines was more than 200%, reaching 2152%。
The return on equity is relatively low, especially the state of continuous negative return on equity, how to go public?
How is it audited?
How did I sign up?
Isn't that a little interesting?
Like many registration-based IPOs, they began to decline after listing, and the operating performance of the enterprise, especially the net profit of the enterprise, fell sharply, or even suffered losses, and some of them suffered huge losses.
And in the process of loss, whether it is the listing to raise funds is 50 billion yuan, or 100 billion yuan, or even 30 billion, 40 billion, and even 10 billion varieties.
The operating profits of enterprises have declined in batches, and have declined significantly.
Losses, huge losses.
Didn't the funds raised from a one-off IPO make a difference?
Doesn't it play a role in the business performance of an enterprise and making it bigger and stronger?
On the contrary, it promotes the loss of the enterprise, and it is a large loss?
It's a little embarrassing to think about, it's a little scary to think about?
What do you think about this situation? What would you do?