13天12板！“可能申请停牌核查”

Core Viewpoint - The stock price of HeFu China has significantly deviated from its fundamentals, with a cumulative increase of 244.24% since October, raising concerns about potential risks for investors [2][10]. Stock Performance - HeFu China's stock price has surged 230.84% over 13 trading days, with 12 of those days closing at the daily limit [4][5]. - As of November 13, the company's market capitalization reached 8.8 billion [2]. Financial Performance - For the first three quarters, HeFu China reported revenue of 549 million, a year-on-year decline of 22.80%, and a net loss of 12.39 million, down 146.65% [10]. - In Q3 alone, the net loss was 5.05 million, a decrease of 225.26% compared to the same period last year [10]. Valuation Concerns - The company's static P/E ratio stands at 319.12, compared to the industry average of 30.88, indicating a significant overvaluation [8]. - The stock's trading volume has shown considerable volatility, suggesting a "hot potato" effect in the market [8]. Operational Insights - The company attributes its declining revenue and profits to reduced procurement prices and a decrease in order volumes [11]. - Despite implementing cost control measures, the short-term impact has not fully offset the revenue decline, leading to operational pressure [11]. - HeFu China maintains that its production and operational activities are normal, with no significant changes in the internal or external business environment [11].