Investment Rating - The report does not explicitly state an investment rating for the companies mentioned, but it discusses the performance and potential of new stocks in the market [9][32]. Core Insights - The new stock market is experiencing structural activity driven by external forces, with a warning about increasing polarization among stocks [41]. - Recent new stock performance shows a decline in average weekly gains, with approximately 28% of new stocks achieving positive returns, down from 44.6% in the previous week [24][49]. - The average issuance price-to-earnings ratio for new stocks remains stable, with December's new stocks averaging 24.7X for the Sci-Tech Innovation Board and 20.9X for the Growth Enterprise Market [24][44]. Summary by Sections New Stock Performance - The average weekly gain for new stocks was approximately -1.0%, indicating a downward trend compared to the previous week [24]. - The top-performing new stocks included YunTian LiFei (31.66%) and HuiHan Co. (31.09%), while the worst performers included Plad (−14.62%) and BoYuan Co. (−13.93%) [49]. Upcoming New Stocks - There are two new stocks set to open for subscription this week, one on the Sci-Tech Innovation Board and one on the Growth Enterprise Market, with recommendations to pay attention to their pricing [32][52]. - The report highlights specific companies such as DingTai GaoKe and ZhiShang KeJi as potential investment opportunities for mid-term investors [58]. Financial Performance - Company 001391.SZ (GuoHuoHang) reported revenues of 149.19 billion yuan in 2023, with a projected increase of 55.70% in net profit for 2024 [54][55]. - Company 603072.SH (TianHe Magnetic Materials) achieved revenues of 26.51 billion yuan in 2023, with a forecasted net profit growth of 2.22% to 16.72% for 2024 [54].
新股专题：外力依旧是板块结构性活跃的重要驱动力，或需警惕两级分化加剧
Huajin Securities·2024-12-22 12:23