Beijing Dalong Weiye Real Estate Development Co.Ltd(600159) on December 22, the company issued a stock trading risk warning announcement, which said that the contracted area and contracted amount of the company’s real estate business in the first three quarters fell sharply year-on-year. At present, there are two real estate business reserve projects, located in Zhongshan, Guangdong and Manzhouli, Inner Mongolia; There are 2 projects under construction, located in Zhongshan, Guangdong. The development scale of projects under construction and the sales of stock projects do not have comparative advantages in the industry. From December 15 to December 22, 2021, the closing price of the company’s shares increased by 77.08% for six consecutive trading days. Based on the closing price of 4.25 yuan / share on December 22, 2021, the P / E ratio of the company is 33.58, significantly higher than the industry average of 10.95.
(China Securities Journal)
