Core Viewpoint - Since its listing, Moores Threads (688795) has experienced a significant increase in stock price, prompting a risk warning announcement due to the rapid rise exceeding that of related indices [1][2]. Group 1: Stock Performance - Moores Threads' stock price surged by 425.46% on its listing day, December 5, and has seen increases of 5.73%, 16.98%, and 28.04% in the following three trading days [4]. - As of December 11, the stock price reached 941.08 CNY, with a market capitalization of 442.3 billion CNY, ranking 27th in the A-share market [4]. - The stock has increased by 723.49% compared to its issue price of 114.28 CNY within just five trading days [4]. Group 2: Financial Performance - For the period of January to September 2025, the company reported a revenue of 785 million CNY and a net loss attributable to shareholders of 724 million CNY [1]. - The projected net loss for the full year of 2025 is estimated to be between 1.168 billion CNY and 730 million CNY [1]. Group 3: Market Position and Risks - The static price-to-earnings ratio for the computer, communication, and other electronic equipment manufacturing industry is 59.34, while Moores Threads has a negative P/E ratio and a significantly high price-to-sales ratio of 1008.84 [2]. - The company is investing heavily in R&D based on its self-developed MUSA architecture, but it still lags behind international competitors in terms of R&D capabilities and product ecosystem [2]. - New products are still in the research phase, and revenue generation will take time, with potential risks related to market competition and product development [1][2].
上市5天涨超700%，股价高居A股第三！4000亿市值“明星股”紧急提醒：存在下跌风险