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Now two new stocks are broken, so it is no longer risk-free to play new?

證券之星 ·  {{timeTz}}


Since the break on the first day of technology in the middle of last week, two new stocks have broken today. Gem Kefu Medical and Science and Technology Innovation Board Kelda went public today, both of which opened at a low price. Kefu Medical opened 10.89% lower and Kelda 4.9% lower. However, as of press time, Kelda has become a hit.


Basic information of the two companies


According to the public data of Kefu Medical, the company specializes in the research, development, production, sales and service of household medical devices, and its main products cover five major areas, such as health monitoring, rehabilitation aids, respiratory support, medical care, traditional Chinese medicine physiotherapy and so on.


In terms of performance, the net profit attributed to shareholders of listed companies from January to September 2021 was 309.8246 million yuan, down 6.5 per cent from the previous year.


The main reason is that after the outbreak of COVID-19 's epidemic at the beginning of last year, the products sold from January to September last year were mainly high-margin products such as health surveillance and medical care, and the sales of epidemic-related products accounted for 44.78% of the company's operating income. In 2021, the epidemic situation of COVID-19 in China has been well controlled, and the company's business has basically returned to normal. It is expected that the proportion of epidemic commodities will decline to a certain extent compared with the same period last year, non-epidemic commodities will maintain rapid and steady growth, and sales gross profit margin will gradually return to normal.


Kelda Kelda prospectus reveals that the company is a high-tech enterprise that provides welding robots and industrial welding equipment to customers with the technical support of industrial robot technology and industrial welding technology. Among them, welding robot business and industrial welding equipment business are the company's main business products.


From 2018 to 2020, Kelda's revenue shows a trend of increasing year by year, which is 398 million yuan, 409 million yuan and 594 million yuan respectively. The net profit is 29.4054 million yuan, 20.5788 million yuan and 74.0493 million yuan respectively.


Breakage is becoming more and more common.


It is worth noting that IPOs have become more and more common recently. It was broken in the middle of last week since the first day of the technology listing. Recently, there are Lisen Industries, ingenious home furnishings, Xinghua reflectors, and so on. Among the new shares listed in August, China Telecom Corporation and Shanshui Bede were broken.


As for the more and more common reasons for the rapid breaking of new shares, some industry insiders have pointed out that the poor performance of new shares on the market is mainly due to the following reasons: first, the reform of the registration system has abolished the red line of the average price-to-earnings ratio, resulting in the high price-to-earnings ratio of some new shares; second, now some new shares are all issued offline, resulting in greater pressure to lift the ban.


According to the Securities Times, Gui Haoming, chief market expert of Shen Wanhongyuan, said that not many new shares broke on the first day in the history of the A-share market, and few of Science and Technology Innovation Board broke. The recent market popularity is not enough, the pace of new share issuance is fast, and the chance of breaking is relatively large.

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