The issue price of Founder Valve (920082J) is 3.51 yuan per share

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Rina7RS
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Joined: Mon Dec 23, 2024 3:46 am

The issue price of Founder Valve (920082J) is 3.51 yuan per share

Post by Rina7RS »

Corresponding to a diluted price-to-earnings ratio of 8.39 times for the net profit attributable to shareholders after deducting non-recurring items in 2023, which is lower than the industry's average static price-to-earnings ratio of 32.82 times in the last month, and lower than the average static price-to-earnings ratio of 27.36 times for the net profit attributable to shareholders of comparable companies in the same industry in 2023, whichever is lower, before and after deducting non-recurring items.

As of December 16, among the 94 companies listed on the A-share market this year, only one broke the issue price on the first day of listing, one closed flat, and the remaining 92 all closed higher on the first day. The average opening increase on the first day of listing was 226.45%, and the average closing increase was 252.33%.

Given that very few Ashare new stocks have fallen below their issue philippines phone number list price on the first day of listing this year and their yields are very impressive, if you win the lottery and sell them on the first day of listing, the probability of making money is very high, so it is recommended to actively participate in the subscription.
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