Ge Long Hui A P P·2025-08-07 05:17Core Viewpoint - The stock of Zhongma Transmission has seen significant volatility, with a recent surge attributed to speculative trading rather than fundamental improvements in the company's performance [7][9]. Stock Performance - Zhongma Transmission's stock price reached 29.15 CNY per share, with a total market capitalization of 8.997 billion CNY [1]. - Since April 9, the stock has increased by over 149% [2]. - The stock has experienced a cumulative increase of 51.95% since July 30, with five out of six trading days resulting in a trading halt [7]. Company Clarification - Zhongma Transmission has clarified that it does not engage in the robotics business, despite market speculation linking it to this sector [3][7]. - The company has issued multiple announcements to clarify its non-involvement in robotics, yet speculative interest remains high [7]. Financial Performance - The company reported a net profit of 33.2475 million CNY for the previous year, reflecting a year-on-year decline of 54.31% [7]. - In the first quarter of this year, the net profit was 6.0456 million CNY, down 59.67% year-on-year [7]. - For the first half of the year, the company expects a net profit between 9.5 million and 13.5 million CNY, representing a decrease of 65.63% to 75.82% compared to the previous year [8]. Valuation Concerns - The current price-to-earnings ratio (TTM) for Zhongma Transmission stands at 336.55, significantly higher than the industry average of 30.05 for automotive parts [7]. - The company's major shareholders hold 66.06% of the stock, indicating a relatively small proportion of shares available for public trading, which may contribute to irrational speculative risks [7].