China Fund News reporter Wenyan
Attention A-share new investors!
According to the current issuance arrangement, there is 1 new share of A shares that can be subscribed for before the National Day, which is a large share of the new shares on the ChiNext Board of the Shenzhen Stock Exchange, with a subscription date of September 30, a subscription code of 301522, and an issue price of 6.88 yuan per share.
Low-priced new stocks have been attracting more attention, and Shangda shares are the lowest-priced new shares in Shanghai and Shenzhen since the beginning of this year, but their investment value still needs to be judged independently by investors.
The winning rate of Shangda shares may be higher
Wind data shows that Shangda shares are not only the lowest issue price of new shares in Shanghai and Shenzhen this year, but also the number of new shares issued and the upper limit of online issuance have ranked third in Shanghai and Shenzhen since the beginning of this year.
It is reported that the total number of shares to be issued to the public is 92,966,700 shares. Among them, the number of shares issued online is 22.312 million shares, the subscription limit is 22,000 shares, and the market value of the top grid subscription is 220,000 yuan.
This means that investors have a higher winning rate when they participate in the subscription of Shangda shares.
At the same time, Shangda Co., Ltd. is the first and only enterprise in China to master the application technology of superalloy return material recycling and realize industrialization, with a P/E ratio of 20.02 times and a P/E ratio of 20.08 times for reference industries.
The "money-making effect" has gradually become prominent
Industry insiders suggest that investors pay attention to new stocks with lower issue prices, mainly because many new stocks with lower issue prices have risen higher on the first day of listing.
Since the beginning of this year, there are 3 new stocks in Shanghai and Shenzhen with an issue price of less than 10 yuan per share, namely the new shares of Kema Technology and Wireless Media on the Shenzhen Growth Enterprise Market, and the new shares of Ole New Materials on the Shanghai Science and Technology Innovation Board, which rose by 368.25%, 318.83% and 169.48% respectively on the first day of listing.
At the same time, the recent performance of the new stock market has been outstanding, with the average increase of 150.69% on the first day of listing of the three new stocks last week.
Among them, the first day of listing of Wireless Media rose by 318.83%, and Zhongyi signed a contract to earn 15,000 yuan, and INTSIG increased by 105.91% on the first day of listing, and Zhongyi signed a contract to earn 30,000 yuan.
Shangda shares actually raised about 640 million yuan
Industry insiders remind that if investors want to subscribe for new shares with a lower issue price, they still need to make independent judgments based on the specific circumstances of the target.
According to the data, Shangda shares plan to raise 1.25 billion yuan in IPO, and the actual funds raised are about 640 million yuan. Shangda announced that investors should pay attention to the risk that the funds raised by the company cannot meet the needs of use.
Pictured: The IPO of Shangda shares to raise funds
According to the letter of intent, Shangda expects a net profit of 120 million yuan to 125 million yuan in the first three quarters of 2024, a year-on-year increase of 1.28% to 5.50%.
In comparison, the net profit of Shangda shares in the first half of 2024 will be 92 million yuan, a year-on-year increase of 7.30%. From 2021 to 2023, the net profit of Shangda shares will be 69 million yuan, 107 million yuan, and 151 million yuan respectively.
Huajin Securities released a research report saying that Shangda actively explores the high-end civilian market, and produces corrosion-resistant alloys, ultra-high purity stainless steel and other products, which are used in high-end equipment manufacturing fields such as nuclear engineering and petrochemical.
At present, Shangda Co., Ltd. has carried out project cooperation with a number of subordinate units of large military industrial groups and leading civilian enterprises, and has established long-term supply relationships with domestic enterprises and units such as Dongfang Steam Turbine, Harbin Steam Turbine, Wuxi Turbine, Parker New Materials, Jiuli Special Materials, and Wujin Stainless Steel.
Editor: Xiao Mo
Review: Muyu