The first batch of gem companies to raise capital utilization rate is only 21%

-Our correspondent Sun You as of the end of June this year, the first 28 companies have been listed for half a year to raise funds to use the overall ratio of 21%, showing that the use of funds is not high, which is also leading to the growth of the gem is the main reason for the low.　　Among them, the shares of Bao Tak, Ann and China Yuan Huadian 3 companies to raise funds effective investment in the proportion of only 2.89%, 3.02% and 4.97%, the collection of funds are basically intact deposited in the bank. The use ratio of raising investment funds only 21% excluding the issue fee, the first batch of 28 companies to raise funds for 14.525 billion yuan. Despite the considerable amount of money raised, the use of these funds was not ideal after a lapse of 8 months. Statistics show that as of June 30 this year, the first batch of 28 gem companies to put into use the total amount of fund-raising is 3.054 billion yuan, accounting for only 21.03%. At the same time, in the use of fund-raising, including investment in the purchase of real estate and supplementary liquidity projects, if the two are eliminated, the actual use of the net raise funds only 2.572 billion yuan, accounting for only 17.71%.　　In other words, as of the first half of this year, the net utilization rate of the first 28 gem companies to raise funds is less than one-fifth. In terms of specific companies, as of June 30, excluding investment and purchase of real estate and supplementary liquidity projects, Dayu water-saving, huaxing Entrepreneurship and Huayi Brothers 3 companies to raise funds to use the highest proportion, respectively, up to 47.26%, 46.03% and 44.91%. In contrast, the shares of Po Tak, Ann and China Yuan Huadian 3 companies to raise funds effective investment in the proportion is only 2.89%, 3.02% and 4.97%, the collection of funds are basically intact deposited in the bank.　　In addition, the North Land pharmaceutical and robotics and other 7 companies to raise funds to use the ratio is less than 10%. Analysts pointed out that because of the macro-economic situation and different companies in the industry, the first batch of 28 companies to raise funds for the use of low efficiency is different.　　However, one thing is more certain: the inefficient use of fund-raising will largely constrain the continued high growth of the company's subsequent performance. High bank interest "whitewash" performance due to the first batch of 28 gem companies, the use of inefficient, most of the fund-raising into bank deposits, failed to effectively play the capital as a factor in production function.　　At the same time, the huge collection of funds deposited in the bank, resulting in a substantial interest income, to a large extent, masked the first half of the 28 companies in the first year of the year-on-year growth in the performance of the reality. Statistics show that the first 28 companies in the first half of this year total net profit of 945 million yuan, an increase of 17.64%. However, if the first half of the collection of funds generated by the 129 million yuan to calculate the bank interest, 28 companies in the first half of the total net profit of only 816 million yuan, the year-on-year growth rate of only 1.58%, showing the first batch of gem growth myth has become a ". " Excluding the funds that have been put into use, the Sino-Thai Yue and Le Pu medical care at the end of the first half of the bank deposits raised funds up to 1.425 billion yuan and 970 million yuan respectively. If according to the one-year bank deposit interest rate measurement, the above two companies deposit six months interest income as high as 16.03 million yuan and 10.91 million yuan respectively, becomes the current calculation obtains the bank interest most first pioneering board company.　　In addition, the first half of the 4 companies, such as the eye, Huayi Brothers, Rui Tak and the Red Sun Pharmaceutical industry, calculated bank interest income of 7.25 million yuan, 7.11 million yuan, 7.06 million yuan and 7.06 million yuan respectively. Because of different companies ' performance base, the interest income of raising funds deposited in the bank has different effect on performance. Through the calculation found that the first half of the company's shares, Huawei Electronics and network technology to calculate the bank interest income of 2.89 million yuan, 3.73 million yuan and 5.14 million yuan, the proportion of the medium-term performance of up to 95.55%, 45.94% and 34.31%, showing that the performance of the report to a large extent by the bank interest of light Analysts say that if bank interest is deducted, the interim results of the 3 companies will fall by 99.2%, 72.85% and 54.01% respectively year-on-year, significantly surpassing the reported decline in earnings.