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国泰君安保荐肯特股份IPO项目质量评级C级 上市首年增收不增利
Xin Lang Zheng Quan· 2025-09-15 07:14
登录新浪财经APP 搜索【信披】查看更多考评等级 (一)公司基本情况 全称:南京肯特复合材料股份有限公司 简称:肯特股份 代码:301591.SZ IPO申报日期:2022年6月7日 上市日期:2024年2月28日 上市板块:深证创业板 所属行业:橡胶和塑料制品业 IPO保荐机构:国泰君安证券 (2)监管处罚情况:不扣分 (3)舆论监督:不扣分 (4)上市周期:扣分 保荐代表人:李懿、周宗东 IPO承销商:国泰君安证券 IPO律师:国浩律师(南京)事务所 IPO审计机构:公证天业会计师事务所(特殊普通合伙) (二)执业评价情况 (1)信披情况: 被要求说明发行人是否已完整披露关联方、关联交易;被要求对照前次申报文件信息披露内容及问询回 复内容,说明本次申报与前次申报的主要差异及存在相关差异的原因;被要求说明发行人是否符合创业 板定位。 2024年度已上市A股企业从申报到上市的平均天数为629.45天,肯特股份的上市周期是631天,高于整体 均值。 (5)是否多次申报:属于。 (6)发行费用及发行费用率 肯特股份的承销及保荐费用为3195.45万元,承销保荐佣金率7.82%,高于整体平均数7.71% 。 (7) ...
国信证券保荐速达股份IPO项目质量评级C级 上市周期超两年 上市首年营收净利润双降
Xin Lang Zheng Quan· 2025-09-03 07:51
Company Overview - Full Name: Zhengzhou Suda Industrial Machinery Service Co., Ltd [1] - Abbreviation: Suda Co., Ltd [1] - Stock Code: 001277.SZ [1] - IPO Application Date: June 22, 2022 [1] - Listing Date: September 3, 2024 [1] - Listing Board: Shenzhen Main Board [1] - Industry: Metal Products, Machinery and Equipment Repair [1] - IPO Sponsor: Guosen Securities [1] - IPO Underwriters: Guosen Securities [1] - IPO Legal Advisor: Beijing Zhonglun Law Firm [1] - IPO Audit Firm: Tianjian Accounting Firm (Special General Partnership) [1] Performance Evaluation - Disclosure Issues: Required to clarify the statement of being a leading provider in the domestic aftermarket service and repair sector; needed to describe "information management advantages" in simpler terms; required to explain the reason for the change of signing accountant [1] - Regulatory Penalties: No deductions [1] - Public Supervision: No deductions [1] - Listing Cycle: Deductions applied; Suda Co., Ltd's listing cycle is 804 days, exceeding the average of 629.45 days for 2024 A-share listings [1] - Multiple Applications: Yes [1] - Issuance Costs: Underwriting and sponsorship fees amount to 56.5 million yuan, with a commission rate of 9.29%, higher than the average of 7.71% [1] Market Performance - First Day Performance: Stock price increased by 36.16% on the first day of listing [2] - Three-Month Performance: Stock price increased by 15.59% compared to the issue price within three months [2] Financial Metrics - Issuance Price-Earnings Ratio: Suda Co., Ltd's issuance P/E ratio is 15.05 times, which is 71.09% of the industry average of 21.17 times [3] - Actual Fundraising Ratio: Expected and actual fundraising amount is 608 million yuan [4] Short-Term Performance - Revenue: In 2024, the company's revenue decreased by 6.89% year-on-year [5] - Net Profit: The net profit attributable to the parent company decreased by 13.55% year-on-year [5] - Non-recurring Net Profit: The non-recurring net profit attributable to the parent company decreased by 15.82% year-on-year [5] - Abandonment Rate: The abandonment rate is 1.02% [5] Overall Score - Total Score: Suda Co., Ltd's IPO project total score is 79.5, classified as Grade C [5] - Negative Factors: Disclosure quality needs improvement, listing cycle exceeds two years, multiple applications, high issuance cost rate, revenue and profit decline in the first accounting year, abandonment rate of 1.02% [5]
中信建投保荐无线传媒IPO项目质量评级B级 排队周期长达三年 上市首年营收净利润双降 实际募集金额缩水近7成
Xin Lang Zheng Quan· 2025-08-28 09:25
Company Overview - The full name of the company is Hebei Radio and Television Wireless Media Co., Ltd., abbreviated as Wireless Media, with the stock code 301551.SZ. The IPO application date was June 21, 2021, and the listing date is set for September 26, 2024, on the Shenzhen ChiNext board. The company operates in the telecommunications, broadcasting, television, and satellite transmission services industry. The IPO sponsor is CITIC Securities, with representatives Zhang Yue and Hua Zichen [1]. Regulatory and Performance Evaluation - The average time from application to listing for A-share companies in 2024 is 629.45 days, while Wireless Media's listing cycle is 1193 days, which is above the overall average [2]. - The underwriting and sponsorship fees for Wireless Media amount to 13.0094 million yuan, with a commission rate of 3.46%, lower than the overall average of 7.71% [3]. - On the first day of listing, the stock price increased by 318.83% compared to the issue price [4]. - Over the first three months post-listing, the stock price rose by 523.46% compared to the issue price [6]. Financial Metrics - The company's issuance price-to-earnings (P/E) ratio is 13.95 times, which is 69.72% of the industry average P/E ratio of 20.01 times [7]. - The expected fundraising amount is 1.176 billion yuan, but the actual raised amount is 376 million yuan, indicating a decrease of 68.01% in the actual fundraising [8]. - For the year 2024, the company's operating revenue decreased by 5.11% year-on-year, while the net profit attributable to the parent company fell by 7.89%, and the net profit excluding non-recurring gains and losses decreased by 6.90% year-on-year [9]. Overall Assessment - Wireless Media's IPO project received a total score of 82, classified as B-level. Negative factors affecting the score include the need for improved information disclosure quality, a listing cycle exceeding three years, a significant reduction in actual fundraising, and a comprehensive decline in performance during the first accounting year post-listing. The abandonment rate is 0.37%, indicating that the company's short-term profitability and information disclosure quality require attention [10].
广发证券保荐成电光信IPO项目质量评级D级 频遭监管警示 实际募资较预期大幅缩水
Xin Lang Zheng Quan· 2025-08-12 09:43
Company Overview - Full Name: Chengdu Chengdian Guangxin Technology Co., Ltd [1] - Abbreviation: Chengdian Guangxin [1] - Stock Code: 920008.BJ [1] - IPO Application Date: September 27, 2023 [1] - Listing Date: August 29, 2024 [1] - Listing Board: Beijing Stock Exchange [1] - Industry: Computer, Communication, and Other Electronic Equipment Manufacturing [1] - IPO Sponsor: GF Securities [1] - Legal Advisor: Beijing Guofeng Law Firm [1] - Audit Firm: Shinewing Certified Public Accountants [1] Disclosure and Compliance - Required to supplement disclosures regarding procurement from Shenzhen Aisen Vision, including product details, procurement amounts, and market application evidence [1] - Multiple warnings received for disclosure violations and other regulatory issues, including a warning for sensitive period trading on October 13, 2023 [2] IPO Performance - IPO underwriting and sponsorship fees amounted to 9.5118 million yuan, with a commission rate of 8.99%, higher than the average of 7.71% [5] - On the first day of trading, the stock price increased by 101.00% compared to the issue price [6] - Over the first three months post-listing, the stock price rose by 255.80% from the issue price [7] Financial Metrics - The company's issuance price-to-earnings ratio is 15.15 times, significantly lower than the industry average of 31.64 times, representing 47.88% of the industry mean [8] - Expected fundraising was 166 million yuan, but actual fundraising was only 106 million yuan, a decrease of 36.38% [9] - For the year 2024, the company reported a 29.07% year-on-year increase in operating revenue and an 11.66% increase in net profit attributable to shareholders [9] Overall Assessment - Chengdian Guangxin's IPO project received a total score of 67.5, classified as D-level, indicating concerns regarding disclosure quality and regulatory compliance despite strong short-term profitability [10]
申万宏源证券承销保荐保荐胜业电气IPO项目质量评级A级 承销保荐佣金率较高
Xin Lang Zheng Quan· 2025-07-31 08:07
Core Viewpoint - The IPO of Shengye Electric Co., Ltd. is set for November 29, 2024, with a total score of 92, classified as A-level, indicating strong short-term profitability but concerns regarding information disclosure quality and high issuance costs [3][32]. Company Basic Information - Full Name: Shengye Electric Co., Ltd. - Abbreviation: Shengye Electric - Code: 920128.BJ - IPO Application Date: December 26, 2023 - Listing Date: November 29, 2024 - Listing Board: Beijing Stock Exchange - Industry: Electrical Machinery and Equipment Manufacturing - IPO Sponsor: Shenwan Hongyuan Securities [24]. Performance Evaluation - The company was required to enhance disclosures regarding its business model for power quality governance and other operational aspects, indicating a need for improved transparency [5][24]. - The underwriting and sponsorship fees amounted to 15.3573 million yuan, with a commission rate of 8.13%, higher than the average of 7.71% [10][27]. - The average time from application to listing for A-share companies in 2024 is 629.45 days, while Shengye Electric's listing cycle is 339 days, which is below the average [8][25]. Market Performance - The stock price increased by 405.92% on the first day of listing [12][28]. - After three months, the stock price rose by 276.54% compared to the issue price [14][29]. - The issuance price-earnings ratio is 16.51 times, which is 87.17% of the industry average of 18.94 times [16][30]. Fundraising and Financial Performance - The expected fundraising amount is 203 million yuan, but the actual amount raised is 189 million yuan, reflecting a decrease of 7.17% [18][31]. - For 2024, the company's revenue is projected to grow by 10.69% year-on-year, with net profit increasing by 5.72% and non-net profit rising by 4.56% [20][31].