No Fear Of &Nbsp; Hai Can Reach The "High Profile" Listing.

New stocks are breaking up, but "brave" - Hai Da Da is fearless and ready to land at a high price.

A few days ago, Hai Na Da (the "Hai Da Da communication Limited by Share Ltd") issued the "initial public offering announcement". The total number of placing objects for the initial inquiry was 65, but the fixed price issue was 19.90 yuan / share, which was 52.37 times the diluted price earnings ratio, resulting in a total of 7 placing objects.

This amount equals the minimum number of valid quotes since the initial inquiry system was launched in 2005.

For this high price, Hai can said in the announcement that it is "negotiated by the issuer and the main underwriter", and does not deny that "the issue price corresponding to the issue of price earnings ratio exceeds the average level of listed companies".

In fact, high

Financial situation

High asset liability ratio

It is worth noting that the high debt rate still exists.

Prospectus shows that at the end of 2008, the end of 2009 and the end of 2010, the assets and liabilities ratio (parent company) reached 72.85%, 70.36% and 60.05% respectively.

In the face of such data, in the prospectus, Hai can claim that its asset liability ratio is only "high".

In addition, more than half of the fixed assets are mortgaged.

The prospectus shows that as at the end of 2010, the net book value of fixed assets secured by financing was 75 million 973 thousand and 400 yuan, accounting for 53.67% of the net fixed assets of the company.

If we can not repay the principal and interest in time and in full, the risk will be faced with the auction or sale of mortgage assets.

Whether such a financial situation will affect investor confidence is still unknown.

In response to these problems, our reporter has repeatedly contacted the sea to reach Dong Mei Wu, but as of press release, no effective reply has yet been received.

Time to market

Hai Da or this week's listing.

Last night, Hai Danda announced the results of the online issue of Yaohao, which is expected to be listed this week.

At that time, whether or not the sea will reach the "break" trip will be seen.

Professionals suggest that new shares should be "cautious" in the near future.

Galaxy securities analysts suggest that prudent investors should temporarily avoid the purchase of new shares.

If you purchase, you need to take part in the company's fundamentals, industry valuation, future growth, issuing scale and price.