Chapter 499 Science and Technology Innovation Board
Chapter 499 Science and Technology Innovation Board
As for why the country wants to develop this section.
Just hear the name.
The Science and Technology Innovation Board is also called the Science and Technology Innovation Board.
You know it by name.
This is an enterprise that wants to develop the power of technological innovation.
There is a saying that science and technology is the primary productive force.
It is conceivable that the country is determined to develop science and technology.
Of course, the purpose of the country's development of this sector is very good.
However, what about this section?
So far, it's hard to say.
In the future, great companies may be born in this sector.
But for now.
This situation has not yet appeared.
However, those who dare to play on the Science and Technology Innovation Board are more courageous and rich enough.
Normally speaking.
The risk of this risk is definitely higher than that of the motherboard.
It may even be higher than the GEM.
After all, developing technology, paying for the future, and valuations are definitely much higher than stocks like the main board.
The same is true.
Because of the high valuation.
Therefore, its risk is definitely higher than that of the main board.
Obviously, from the 20.00% price limit, it means that the risk is higher than that of the main board.
Therefore.
The market will have a limit of 50 funds.
For this funding limit.
Of course, the most important thing is to restrict retail investors.
Generally speaking, the risk awareness and risk tolerance of retail investors are obviously relatively poor.
The threshold of 50 funds directly shuts out the vast majority of retail investors.
From a certain point, it can also be called the protection of retail investors in disguise.
But today, Chen Feng is going to buy such stocks.
Yang Tianxia remembered.
This is the first time that Chen Feng has taken the initiative to buy stocks on the Science and Technology Innovation Board since he joined the company for so long.
Because of this period of time.
Chen Feng has never bought stocks in this sector.
Naturally, Yang Tianxia didn't pay too much attention.
Moreover, for the Science and Technology Innovation Board, Yang Tianxia did not analyze too much.
The Science and Technology Innovation Board is fundamentally different from the main board.
Under normal circumstances, most of the main board is related to stock fundamentals, market news, price-earnings ratio, and revenue.
But the Science and Technology Innovation Board is different. The fundamentals are not feasible. Some companies can even be said to have no fundamentals. Needless to say, revenue and price-earnings ratio, many of them are not comparable to some small and medium-cap junk stocks on the main board.
However, this does not hinder his future value.
Because, the original stock speculation is expected.
The reason why Yang Tianxia didn't pay much attention to this section.
Because he still can't see clearly.
Now, Chen Feng wants to buy a stock.
Yang Tianxia must know about it in advance.
If a trader doesn't understand this stock, what does it mean?
Then he opened various data on this stock.
It is a company whose main business is semiconductor refrigeration system.
Yang Tianxia is not unfamiliar with this industry.
After all, not every trader.
All walks of life have to do too much understanding.
He just needs to have the ability to manipulate.
Although not very clear about the industry.
But in terms of financial indicators, Yang Tianxia is more familiar with it.
Last year, the company's revenue was 7 million.
The net profit is around 8000 million.
This profit margin is still worthy of the word technology, with a profit of ten points.
Unlike some technology listed companies.
Annual revenue of tens of billions.
As a result, the net profit rate was only [-] to [-] million.
This kind of high-revenue, low-profit technology company is indeed not a technology.
It's better than raising pigs.
Frankly speaking, the profit margin is still reasonable for this company.
After all, companies on the Science and Technology Innovation Board have just been listed, and they don't pay much attention to profitability.
In the first quarter of this year, both revenue and profit increased.
It's good news too.
With a price-earnings ratio of 50 times, it is considered a very conscientious company in the Science and Technology Innovation Board.
However, since it is related to technology.
Valuation must not be calculated based on ordinary listed companies on the main board.
To sum up, from the perspective of various data.
Not too good, not too bad.
Just so-so.
Of course, if this kind of company is placed on the main board.
At most, it is a small and medium cap.
But here is the Science and Technology Innovation Board.
For Chen Feng, he suddenly wanted to buy such stocks.
In Yang Tianxia's opinion.
It may have something to do with the recent hot semiconductors.
This should be a short-term concept.
SanjitNovel