Compared with the end of last year, the number of stocks with a closing price of less than 3 yuan increased by 22%.
Beijing Shuzhi Technology Co.Ltd(300038) fell below 1 yuan for the first time in history
This morning, Beijing Shuzhi Technology Co.Ltd(300038) opened down 19.51%, and the share price directly fell below 1 yuan, a record low. This is the first time in the history of the stock to fall below 1 yuan as of midday closing, the share price rose to 1.01 yuan / share, and the latest market value was less than 1.2 billion yuan. Compared with the historical high, the pullback range exceeded 95%.
On April 18, Beijing Shuzhi Technology Co.Ltd(300038) disclosed a risk warning announcement. Due to the actual use of the company’s large cost prepayment in 2020, most customers and suppliers refused to cooperate with business penetration; For the final destination of Shanghai Jinfu investment funds, the other party refuses to penetrate the capital flow; For the correspondence from customers and suppliers, the accountant did not receive a reply, and the interview proportion did not meet the requirements of the accountant, it is impossible to express opinions in 2020, which has not been eliminated, and there is significant uncertainty whether it can be eliminated in the end.
The announcement also mentioned that due to the issuance of the company’s 2020 annual audit report and the inability to express opinions, there is a risk of delisting risk warning,
Beijing Shuzhi Technology Co.Ltd(300038) is the main supplier and the most competitive enterprise in China’s communication tower industry. From 2012 to 2015, the company’s share price fluctuated all the way up, hitting an all-time high on June 18, 2015. At that time, the market value of A-Shares exceeded 10 billion yuan. Since 2019, the company’s net profit has declined, with a net profit loss of 7.984 billion yuan in 2020. Due to the non-standard audit opinions of the company in 2020, the provision for goodwill impairment and the failure to repay the funds occupied by major shareholders in time, the company has great pressure on cash flow. The company expects to lose 1.4 billion yuan to 2 billion yuan in 2021.
expansion of low-priced stocks below 3 yuan, with a decline of more than 75% in the worst year
According to the statistics of securities times · databao, as of the closing on April 18, there were 204 stocks with a closing price of less than 3 yuan, an increase of 22% compared with the end of last year. The expansion of low-cost stocks is related to the overall weak market performance of the whole market. Since this year, the Shanghai index has fallen by more than 12% and the gem index has fallen by more than 25%.
According to the statistics of data treasure, the above 204 low-cost stocks have fallen by an average of 16.5% this year, more than 4 percentage points higher than the Shanghai index in the same period. ST shares generally led the decline, such as Shanghai Greencourt Investment Group Co.Ltd(600695) , Great Wall International Acg Co.Ltd(000835) , Egls Co.Ltd(002619) , Netposa Technologies Ltd(300367) , Easy Visible Supply Chain Management Co.Ltd(600093) , etc Shenzhen Danbond Technology Co.Ltd(002618) , Shanghai New Culture Media Group Co.Ltd(300336) , Netposa Technologies Ltd(300367) , Misho Ecology & Landscape Co.Ltd(300495) and other four shares hit a record low yesterday
The biggest decline in the year was delisting, with a cumulative decline of 75.21%. The latest share price was 0.29 yuan / share, which is the lowest price of a shares. At present, the market value is less than 500 million yuan. On April 18, delisting Xinyi again issued a risk warning announcement. The company’s shares have been decided to terminate the listing by the Shanghai Stock Exchange. As of the date of this announcement (April 19, 2022), it has been trading for 13 trading days, with the remaining two trading days.
Some low-cost stocks rose against the market this year due to theme speculation. According to the statistics of databao, Tahoe Group Co.Ltd(000732) , Tianjin Realty Development (Group) Co.Ltd(600322) , Huay Uan Property Co.Ltd(600743) , Shenzhen Heungkong Holding Co.Ltd(600162) , and other stocks increased by more than 10% during the year. These stocks belong to new retail and real estate stocks respectively, belonging to the two hot sectors recently.
Generally speaking, low-cost stocks are dominated by low market capitalization stocks. From the above range of low price stock market value, nearly 60% of A-Shares have a market value of less than 5 billion yuan. The market value of 15 A shares is less than 1 billion yuan, including Chunghsin Technology Group Co.Ltd(603996) , Great Wall International Acg Co.Ltd(000835) , Xinjiang La Chapelle Fashion Co.Ltd(603157) , Baotou Tomorrow Technology Co.Ltd(600091) , Northeast Electric Development Company Limited(000585) , etc Chunghsin Technology Group Co.Ltd(603996) market value is the lowest. As of yesterday’s closing, the market value of the company’s A-Shares is less than 300 million yuan.
19 stocks with low price and low P / E ratio, with net profit increasing
Among the low-priced stocks, some leading stocks in the industry are also listed here due to the nature of the industry and large share capital. According to the statistics of data treasure, China Energy Engineering Corporation Limited(601868) , Inner Mongolia Baotou Steel Union Co.Ltd(600010) , Cgn Power Co.Ltd(003816) , Gd Power Development Co.Ltd(600795) , Liaoning Port Co.Ltd(601880) and other a stock markets have a value of more than 30 billion yuan. The leading nuclear power company Cgn Power Co.Ltd(003816) has the highest market value. As of the closing on April 18, the market value of A-Shares exceeded 100 billion.
In fact, from the market performance of different share price structures, high-priced stocks have fallen even higher this year. According to the statistics of data treasure, the average decline of stocks with a closing price of more than 100 yuan at the end of last year is 28.27%, which is the largest decline in different stock price ranges. The second is the stock whose share price is in the range of 50-100 yuan. In contrast, stocks with closing prices below 3 yuan last year have fallen by an average of less than 5% this year.
From the latest valuation level, among the 204 low-cost stocks mentioned above, 35 stocks have a rolling P / E ratio of less than 30 times. Calculated according to the lower limit of net profit in annual report, express report and advance notice, the net profit of 19 shares in 2021 is increasing Gansu Jiu Steel Group Hongxing Iron And Steel Co.Ltd(600307) P / E ratio ranks at the lowest position. The rolling P / E ratio of the company is less than 6 times. The company expects the net profit to be about 1.639 billion yuan in 2021, with a year-on-year increase of about 216.53%.
