Company Overview - The full name of the company is Hubei Gobijia Optoelectronic Technology Co., Ltd., abbreviated as Gobijia, with the stock code 835438.BJ [1] - The IPO application date was October 31, 2022, and the listing date is set for March 25, 2024, on the Beijing Stock Exchange [1] - The company operates in the non-metallic mineral products industry, with CITIC Securities as the IPO sponsor and underwriter [1] Disclosure and Compliance - The company was required to clarify the completeness of disclosures regarding related parties and transactions, and whether there were undisclosed transactions [1] - It faced a verbal warning from the National Equities Exchange and Quotations for fund occupation violations on March 4, 2022 [2] - The average listing period for A-share companies in 2024 is 629.45 days, while Gobijia's listing period is 511 days, which is below the average [2] Financial Performance - The company’s issuance price-earnings ratio is 11.28 times, which is 78.01% of the industry average of 14.46 times [5] - The expected fundraising amount is 226 million yuan, with actual fundraising reaching 230 million yuan, resulting in an oversubscription ratio of 1.89% [6] - In 2024, the company reported a 29.95% year-on-year decline in operating revenue, a 32.59% decline in net profit attributable to shareholders, and a 49.05% decline in net profit after deducting non-recurring gains and losses [6] Market Performance - On the first day of listing, the stock price increased by 127.10% compared to the issuance price [3] - Over the first three months post-listing, the stock price rose by 28.00% compared to the issuance price [4] Overall Evaluation - Gobijia's IPO project received a total score of 86.5, classified as B-level, with negative factors including the need for improved disclosure quality and a decline in revenue and profits in the first accounting year post-listing [7]
中信建投保荐戈碧迦IPO项目质量评级B级 上市首年扣非净利润大降近五成