March 5, 2023 is Sunday. In the morning, Yuansheng’s family drove to Peng Central Bookstore...
Yuan Sheng once worked as a teacher, so he is very familiar with the difficulty of Chinese textbooks. In recent years, in order to reduce the burden, the country has lowered the difficulty of primary and secondary school textbooks and early childhood education books a lot... This Books of this difficulty could no longer meet the requirements of Yuansheng's daughter (because she had already understood it). In the end, I chose a book published in Italy that is convenient for thinking training, and another book on logical reasoning published in Russia. ...........
Returning home at noon, Yuansheng started reviewing stocks again.
What came into Yuansheng's sight was Puyuan Jingdian. Puyuan Jingdian was listed on April 8, 2022. It opened at 45 yuan on the first day, reached a maximum of 52 yuan, and closed at 39.78 yuan. The K line was an inverted hammer. In the eyes of ordinary investors, such a K-line is a weak stock K-line. Sure enough, on the second day, Puyuan Jingdian fell 7.59%, closing at 36.76 yuan, another negative line, which confirmed the prediction of most investors: Puyuan Jingdian is a weak stock.
On the third day, Puyuan Jingdian fell to the lowest price of 35.38 yuan. Many short-term customers had basically stopped their losses and left the market. However, 99.9999% of investors would never have thought that 35.38 yuan would be the lowest price in the next N years. It was God’s warning to the wise. People give money.
Why is it said that God is sending money? Because it only takes more than 6 months to increase from 35.38 yuan to 120.88 yuan. An increase of 3.41 times in more than 6 months!
Let’s take a look at when Puyuan Precision Electronics was at 35.38 yuan, the Shanghai Composite Index was 3213 points. When Puyuan Precision Technology rose to 120.88 yuan, the Shanghai Composite Index was 2977 points. During this period, the market was 7.3%, but Puyuan Jingdian rose 3.41 times. This kind of performance can be said to stand out.
Yuansheng is thinking: Why does Puyuan Jingdian stand out? Let’s take a look at its performance first: Puyuan Jingdian’s net profit loss per share in 2021 before its listing was 0.04 yuan. Recently, Puyuan Jingdian announced that the net profit attributable to the owners of the parent company from January to December 2022 is expected to be 89.5104 million yuan to 96.1059 million yuan, which will turn from loss to profit compared with the same period last year. Calculating this way, the net profit per share in 2022 is 0.73--0.79 yuan.
It can be seen that the transformation from a loss-making stock to a high-quality stock with a net profit of 0.73--0.79 yuan per share is the biggest driving force for the rise in Puyuan Fine Technology's stock price.
Yuansheng deeply knows that fundamentals are one of the most important factors that determine whether a stock can rise: Puyuan Precision Technology always adheres to the mission of "achieving scientific and technological exploration and helping you with unlimited possibilities" to "become an outstanding international leader in the testing and measurement industry. With the vision of "Brand", it owns a number of key core technologies in the field of testing and measurement, and has entered the top 500 Chinese patent companies for two consecutive years. The company held the fourth extraordinary shareholders' meeting of 2020 on December 26, 2020, and reviewed and approved the "Proposal on the Capital Increase of Puyuan Jingdian Technology Co., Ltd." and agreed to Hillhouse Yaoheng's subscription for 2,285,984 shares issued by the company. RIGOL is a world-renowned Chinese innovative brand of electronic measuring instruments. It has established overseas subsidiaries in Europe, the United States, Japan and Singapore, achieving localized services and support for major global target markets. The company's products are sold to more than 80 countries and regions around the world under its own brand "RIGOL". The company focuses on customer solutions and provides customers with professional, fast and diverse product and service experiences. According to the company's external disclosure data, the company's operating income from overseas sources in 2021 was 233.156 million yuan, accounting for 48.18% of the company's revenue. In the segmented industry, Puyuan Precision Technology is currently the only Chinese company equipped with independently developed digital oscilloscope core chipsets and successfully industrialized the product. The most important core indicator recognized in digital oscilloscope products is bandwidth (Ba
dwidth), the company is currently the only domestic alternative supplier of high-end digital oscilloscopes of 4GHz and above in China, and is equipped with a self-developed "Phoenix Block" chipset to ensure that the product is truly independent and controllable. The company focuses on general electronic measuring instruments, from basic chip and algorithm design to independent research and development, localization and industrialization of products for customer applications. It also participates in the formulation of the national standard "GB/T15289-2013 General Specification for Digital Storage Oscilloscopes" and has A number of products have been selected into the national catalog of "Recommended Products for Substituting Imported Measuring Instruments". The company has a comprehensive product line of general electronic measuring instruments, including digital oscilloscopes, radio frequency instruments, waveform generators, power supplies and electronic loads, multimeters and data collectors, and has core technologies and intellectual property rights for related products. As of June 30, 2021, the company has 386 authorized patents worldwide.
Yuansheng believes that from a fundamental perspective, it is easiest to become a bull stock with these factors: First, RIGOL is a world-renowned Chinese innovative brand of electronic measuring instruments. After a world-renowned company goes public, it is highly likely that its stock price will rise sharply.
Second, Puyuan Precision Technology is currently the only Chinese company equipped with independently developed digital oscilloscope core chipsets and successfully industrialized the product. The only one in China is that there are probably more than 50 million companies in China, and it is the only one. This one is still relatively valuable, and it will most likely attract a wave of speculation from the main players.
Third, Hillhouse Yaoheng subscribed for 2.285984 shares issued by the company. Hillhouse is China's most famous investment company, and most of the companies it invests in are successful. Thirty-three of Hillhouse's invested companies were successfully listed, far exceeding the 23 companies of Shenzhen Venture Capital and Sequoia China. Among these newly listed companies, 21 are from the biomedical industry, and the rest are from new materials, machinery manufacturing, software services, express logistics, etc. Only the shared power bank company Monster Charge has a slight connection to the Internet.
Since Zhang Lei founded Hillhouse Capital 17 years ago, Hillhouse has created many investment myths, large and small. Among these myths, two are the most famous: one is in 2006, when Hillhouse’s first investment was in Tencent, with a market value of less than US$2 billion, has now made hundreds of times its profits; another myth is more popular because of its drama: In 2010, Liu Qiangdong, who was troubled by money, approached Zhang Lei, hoping to raise US$75 million , but after Zhang Lei’s investigation, he insisted on giving 300 million U.S. dollars. If he didn’t receive the 300 million U.S. dollars, he would not invest.
These two investment myths established Hillhouse’s position in the investment industry.
Yuansheng believes that the above three reasons combined with Puyuan Jingdian's turn from loss to profit have made it stand out and become a bull stock: it rose from 35.38 yuan to 120.88 yuan.
