SME 4 new shares in the current issue of the overall decline

After each reporter Chenghongyong after a day, today (August 25) The market ushered in 263 (002467), Aidissi (002468), three-dimensional engineering (002469), Jingzheng (002470) and other 4 SME issues. Compared with the recent rounds of small shares, the current issue of new shares issued a relatively large decline in earnings, on average, only 49.91 times times. According to the price calculation, below purchase 4 new shares need about 2.65 million yuan.　　For investors who are not prepared to below, analysts recommend three-dimensional engineering and Aidissi for purchase. A decline in the issuance of P/E ratios in the new stock market, the more hot in the context of the issue of new shares issued a rising price-earnings ratio. Statistics show that this month, the 23 board and Gem has issued an average of 59.96 times times earnings, while the most recent 3 batches were 65.97 times times, 71.08 times times, 65.12 times times respectively.　　Among them, the highest in the month-Qi lithium Industry (002466) is as high as 90.36 times times. However, this round of 4 only 49.91 times times the issue of new shares issued by the board, this is undoubtedly a low point of recent new shares. Interestingly, on August 20, the SFC issued a circular on the deepening of the reform of the new issue of the issuance of guidance (draft), and other two documents for public comment, and the current batch of shares on August 24 issued an announcement.　　As a result, this batch of new shares has also become a public consultation after the start of the IPO offering price and the issuance of a P/E. Data show that three-dimensional project price of 33.93 yuan/share, the issue of 60.59 times times, and its circulation of 16.6 million shares, of which the online circulation of 13.28 million shares, the highest investors can purchase 13,000 shares; the company belongs to the petroleum and chemical prospecting and design industry, mainly engaged in design consulting and general contracting business. The lowest issue price is Aidissi, only 12.50 yuan/share, and its 39.06 times times the issue of the issuance of the same new shares at the bottom of the current round; the company's circulation of 40 million shares, of which 32 million shares on the Internet, the purchase limit of 30,000 shares; the company belongs to the construction hardware industry, the main business is the development of plumbing equipment Manufacturing, sales and service. Jinzheng large price for 15.00 yuan/share, circulation of 100 million shares, the online issue of 80 million shares, the purchase limit of 80,000 shares; the company belongs to chemical fertilizer manufacturing, the main business is compound fertilizer, controlled release fertilizer production and sales.　　The 263 issue price for 26.00 yuan/share, the circulation of 30 million shares, online issuance of shares for 24 million shares, the quota for the purchase of 24,000 shares; the company belongs to the value-added telecommunications industry, mainly engaged in value-added telecommunications business in the communications services business.　　Focus on three-dimensional engineering, Aidissi for the investors do not prepare for below, analysts take into account the company's fundamentals, growth and other factors, it is recommended that investors give priority to participate in three-dimensional engineering, Aidissi purchase. In terms of fundamentals, Zhang, chief strategy analyst at National Securities, believes that three-dimensional engineering as a domestic design for sulfur recoveryThe largest number of engineering companies, energy and chemical industry, the steady development and environmental standards continue to improve the company to provide a good space for development.　　For Jinzheng, Nanjing Securities Wen Lijun that, although its technical advantages are obvious, but its comprehensive gross profit margin is relatively low, restricting its profitability, and its dominant business, one of the current use of controlled-release fertilizer is very limited. On the growth side, the capital securities believe that the three-dimensional project is expected to grow at 49% next year, while the other 3 are not more than 25%; Nanjing Securities is expected to three-dimensional engineering, Aidissi in the next three years of composite growth in 50%, 30%, and Jinzheng about 26%.