How much can the butterfly industry earn?

Caidie Industrial is still issued under the approval system, so its issuance valuation follows the upper limit of 23 times when such new shares are issued, which is 22.99 times, but it is higher than the industry P/E ratio 18.77 times. However, if an investor thinks that the price-earnings ratio of the butterfly industry is higher than that of the industry and that it has the risk of breaking, then he may be all wet. Due to the difference between approved new shares and registered new shares, in recent years, the former basically has no precedent of breaking the first day of listing. Therefore, investors should not forget to make new ones, and they can feel at ease when they win the lottery. The main business of Caidie Industry is the research and development, production and sales of polyester fabrics, seamless garments and polyester filaments, as well as the entrusted processing of dyeing and finishing. The company's main products are polyester fabrics, seamless clothing, polyester filaments, commissioned processing and dyeing. Fundamentally, the company achieved operating income of 736 million yuan last year, a year-on-year decrease of11.39%; The net profit returned to the mother was 65,438+0.1billion yuan, down 65,438+0.1.7% year-on-year.