北交所周报：2023首份年报成绩亮眼，2024首只新股涨势喜人

Group 1 - The overall performance of the North Exchange was strong this week, with a closing market value of 369.47 billion yuan on March 8, 2024, and the North Certificate 50 index decreased by 6.2% compared to the opening market value on the same day [2][57] - The average market capitalization of the 245 constituent stocks in the North Exchange is 15.08 million yuan, significantly lower than the average market capitalization of 76.4 million yuan for the ChiNext and 99.8 million yuan for the Sci-Tech Innovation Board [13][57] - The trading volume for the North Exchange during the week was 39.47 billion yuan, with an average weekly trading amount of 1.61 million yuan and a turnover rate of 29.62%, indicating a decrease in liquidity compared to the previous week [13][57] Group 2 - The first new stock of the Dragon Year, Tietuo Machinery (873706.BJ), was listed on March 8, 2024, with an opening price of 6.7 yuan per share and a closing price of 16.1 yuan per share, resulting in a first-day increase of 140.1% [3][25][53] - Tietuo Machinery specializes in the research, production, sales, and service of asphalt mixture stirring equipment and its supporting equipment, with a total fundraising amount of approximately 150 million yuan from the public offering of 22.266 million shares at a weighted price-earnings ratio of 10.5 times [3][53] - The first annual report of 2023 was disclosed by Tongxiang Technology, showing impressive performance with a revenue of 2.175 billion yuan, a year-on-year increase of 74%, and a net profit of 120 million yuan, a year-on-year increase of 140% [15][67] Group 3 - The communication industry performed relatively well this week, with a median interval increase of 0.03%, while the media industry showed a weaker performance with a median interval decrease of -9.7% [34] - The median TTM price-earnings ratio for the transportation industry was 120.8 times, while the environmental protection industry saw a median TTM price-earnings ratio of only 3.3 times, indicating a significant valuation disparity [34] - The North Exchange theme fund products performed weakly overall, with the best-performing fund, the Guangfa North Exchange Selected Two-Year Regular Open Mixed Securities Investment Fund A, showing a decline of approximately 1.6%, which is lower than the overall fund performance [36][65]