How about Tongling shares?

Not bad. Be careful. The total number of Tongling shares issued is about 30 million shares, and about 8.55 million shares are issued online, with a price-earnings ratio of 49.67 times. The subscription code is 30 1 168, and the subscription price is 3908 yuan. The subscription limit for a single account is 0.85 million shares, and the subscription quantity is an integer multiple of 500 shares. The total number of shares issued by Jia Lian Science and Technology this time is about 30 million shares, and about 7.65 million shares are issued online, with the price-earnings ratio of 4 1.35 times, the subscription code of 30 1 193, the subscription price of 30.73 yuan, and the subscription limit of a single account is 7,500 shares, which is an integer multiple of 500 shares. This is the registration system. The price-earnings ratio of the issue directly reaches or even exceeds the market average price-earnings ratio, and the possible money is directly used up. However, the operating income of Tongling shares comes from the sales of junction boxes, and the product category is single. During the reporting period, 541554,800 yuan, 55,505,200 yuan, 637,849,600 yuan and 399,663,500 yuan were obtained respectively. From the perspective of income sources, most of the income comes from domestic areas and a small amount comes from abroad.

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Valuation analysis of new stock Tongling 30 1 168;

1, the company's main products are solar photovoltaic module junction boxes. The junction box of solar photovoltaic module is an important part of solar photovoltaic module, and its main functions include: first, connecting the solar photovoltaic module and leading out the direct current generated by the module; The second is protection, which plays an automatic protection role when the module has hot spot effect, and is an essential supporting product of solar photovoltaic power generation system.

2. As of the signing date of this letter of intent for issuance, no product description with the same technical route as the company's "chip junction box" has been found in comparable companies in the same industry. In the junction box industry, the technical route product similar to the company's chip junction box to some extent is modular junction box, which is mainly composed of modules and boxes, and then connected by connectors to form finished products, in which the modules are mainly composed of chips, metal conductors and shell packaging materials. This modular product generally integrates the protective and conductive functions of diodes and conductors, and the junction box manufacturer buys the module and assembles it to the junction box through traditional assembly technology.

3. Large amount of receivables and the risk that they cannot be recovered in time. At the end of each reporting period, the total book values of notes receivable, accounts receivable and financing receivable of the company were 452,685,200 yuan, 556,506,900 yuan, 620,847,800 yuan and 738,588.19 yuan respectively, accounting for 46.86% of the total assets at the end of each reporting period. In the future, with the continuous expansion of business scale, the company's accounts receivable balance may still remain at a high level.