Company Overview - Full Name: Xi'an Nova Star Cloud Technology Co., Ltd [1] - Abbreviation: Nova Star Cloud [1] - Stock Code: 301589.SZ [1] - IPO Application Date: December 27, 2021 [1] - Listing Date: February 8, 2024 [1] - Listing Board: Shenzhen ChiNext [1] - Industry: Computer, Communication, and Other Electronic Equipment Manufacturing [1] - IPO Sponsor: Minsheng Securities [1] - Legal Advisor: Beijing King & Wood Mallesons [1] - Audit Firm: Dahua Certified Public Accountants [1] Performance Evaluation - Disclosure Issues: Required to clarify whether the actual controller has changed in the last two years and to disclose relevant customer and supplier overlaps [1] - Regulatory Penalties: No deductions [2] - Public Supervision: No deductions [2] - Listing Cycle: Nova Star Cloud's listing cycle is 773 days, exceeding the average of 629.45 days for 2024 A-share listings [3] - Multiple Applications: Not applicable, no deductions [3] - Issuance Costs: Underwriting and sponsorship fees amount to 94.717 million yuan, with a commission rate of 5.81%, lower than the average of 7.71% [4] - First Day Performance: Stock price increased by 202.62% on the first day of listing [4] - Three-Month Performance: Stock price increased by 230.22% compared to the issuance price [5] - Issuance Price-Earnings Ratio: The issuance P/E ratio is 21.93 times, which is 73.05% of the industry average of 30.02 times [6] - Actual Fundraising Ratio: Expected fundraising of 1.21 billion yuan, actual fundraising of 1.629 billion yuan, with an oversubscription ratio of 34.70% [7] - Short-term Performance Post-Listing: Revenue increased by 7.38% year-on-year, while net profit decreased by 2.31% year-on-year [8] - Abandonment Rate: Abandonment rate is 3.20% [9] Overall Score - Total Score: Nova Star Cloud's IPO project scored 86 points, classified as Grade B [9] - Negative Factors: Disclosure quality needs improvement, listing cycle exceeds two years, net profit decline in the first accounting year, and abandonment rate of 3.20% [9]
民生证券保荐诺瓦星云IPO项目质量评级B级 上市首年增收不增利 募资16亿元