Today (January 13), the chemical concept stock Xinghui ring material (n Xinghui) landed on the gem with an issue price of 55.57 yuan, which fell below the issue price at the opening. As of the closing, the share price closed at 50.5 yuan, with a decrease of 9.12% on the first day of listing. Calculated by signing 500 shares, the loss on that day reached 2534 yuan. From the data point of view, Xinghui ring material issuance P / E ratio is 49.48 times, slightly higher than the industry P / E ratio of 44.79 times.
the company’s main polymer synthetic materials fell by nearly 10% in the first day of trading
Xinghui ring material belongs to the manufacturing industry of chemical raw materials and chemical products. The company is mainly engaged in the R & D, production and sales of polymer synthetic material polystyrene (PS). At present, the company has an annual production capacity of 180000 tons of polystyrene series products, and is the second largest polystyrene production model company in South China. As a basic chemical material, polystyrene is one of the basic materials of the plastic industry. It is widely used in many fields of the national economy, such as electronic appliances, toys, daily plastic products, plastic packaging, building materials, medical devices and so on. According to the prospectus, the downstream demand of the company’s products is strong, and the production line is in full load operation for a long time.
The total amount of funds raised by the company in this listing is RMB 2.691 billion, which is mainly used for the phase II project of the production project of new polystyrene materials with an annual output of 300000 tons. After the project is completed and put into operation, the company’s PS design capacity will increase by 160000 tons, which will further improve the company’s production capacity and market share. In terms of performance, the company expects that the annual net profit in 2021 is expected to be 276 million yuan to 306 million yuan, with a year-on-year increase of 24.82% to 38.39%, mainly due to the expansion of the price difference between the product sales price and the purchase price of raw material styrene over the same period of last year, and the product sales volume maintains growth.
Although the performance is expected to be OK, Xinghui environmental materials did not perform well in its listing today. The share price fluctuated at a low level throughout the day. It once fell to 50 yuan, down 10.02% from the issue price. From the risk factors in the prospectus, the price change of styrene, the main raw material of polystyrene, is obvious with the fluctuation of crude oil price. At the same time, the increased cost of raw material price fluctuation is transmitted to the downstream, and the company may face the risk of decline in gross profit margin. In addition, the breaking of Xinghui ring material on the first day was also affected by the weakening of the overall market environment.
the breaking rate of new shares this year has exceeded 30%. How to make a new one under the normal breaking?
A shares fell back day after day at the beginning of the year, the popular tracks in the early stage were adjusted one after another, and the market sentiment was greatly weakened. Affected by this, the breaking rate of new shares increased significantly in January. As of January 13, a total of 11 stocks were listed, including Xinghui environmental materials, Tianyue advanced, Vico technology and Yahong medicine, with a breaking rate of 36.36%, including Vico Technology (plastic products), Yahong medicine (biological products) Xinghui ring materials (chemical raw materials) broke on the first day of listing.
New shares listed in January this year (as of January 13):
Among the new shares listed in January, 3D world has the best performance. Since its listing, the cumulative increase has reached 126.88%, and the first day of listing has increased by 98%. Based on the 500 shares of China first signing, the new income on the first day is nearly 15000 yuan. If it is continuously held so far (closed on January 13), the total profit can reach 19000 yuan. The bidding shares also performed well. Since listing, they have increased by nearly 118% and 128% on the first day. Based on the 500 shares signed in the first signing, the profit on the first day is nearly 6700 yuan. In addition, Weibo hydraulic (Beijing stock exchange) has increased by 166.58% since its listing, and timus, Guoxin technology and China Mobile have increased by 74%, 15% and 0.4%.
After the continuous surge of new shares last year, the market was more cautious about new strategies, and some high priced new shares also deterred many investors. For example, the abandonment rate of Hemai shares, the most expensive new share in history, was as high as 6.5%. With the gradual maturity of the A-share market, the breaking of new shares has also become a normal. After the myth of making new and stable profits without loss has been broken, investors need to pay more attention to the enterprise texture, sort out the correct value investment concept, make price judgment after comprehensive and in-depth research on the company, try to avoid short-term speculation and control capital risk at the same time.
Looking forward to 2022, Citic Securities Company Limited(600030) points out that considering the long-term impact of the “new inquiry regulations”, although the reform of the main board registration system is expected to become a new growth point of new revenue, on the whole, it is expected that the new revenue will decline further in 2022. Under the neutral assumption, the annual new revenue of 200 ~ 500 million class a accounts is expected to be about 2.5% ~ 5.3%. It is suggested to pay attention to the public offering products with strong pricing power, the optimization of selling strategy and the new opportunities of Beijing stock exchange.
In January, 4 of the 11 new shares had broken their performance, and the list of continued surge in shares was released
1. Sign a loss of 1000 yuan, and the first breaking stock on the gem will be born in 2022! The best stocks this year are them
