五连板国晟科技：股价累计涨幅显著偏离基本面 存在非理性炒作风险

Core Viewpoint - The company has experienced a significant stock price increase of 60.98% over five consecutive trading days, which is notably higher than the industry and Shanghai Composite Index performance, indicating a potential disconnect from the company's fundamentals [1] Financial Performance - The company's price-to-book ratio is above the industry average, suggesting overvaluation [1] - The net profit for the first three quarters of 2025 is negative, raising concerns about financial health [1] Investment Risks - There are risks associated with external investment projects, including advancement risks and economic benefit shortfalls [1] - The company has not yet commenced actual operations, which adds to the uncertainty [1] - Liquidity risks are present, potentially affecting the company's financial stability [1] Shareholder Concerns - The controlling shareholder has a high percentage of pledged shares, which may indicate financial strain and could impact investor confidence [1]