Valuation Analysis of Tianshan Electronics: LCD Screens and Display Modules

Disclaimer: The following predictive content is for reference only, and should not be used as the basis for trading!

Prediction Table Explanation: Yellow indicates the predicted opening price and days by the New Share King, green indicates low-risk range, and red indicates high-risk range. In the past few years, the accuracy rate based on statistical data has been in the range of 72-78%, with the statistical caliber being the opening price ±20%. The reasonable, high, and low-risk ranges of the Sci-Tech Innovation Board indicate the prices that may be faced in the first five days, where the low-risk area indicates highlighted value, and the high-risk area indicates speculative risk.

Tianshan Electronics (301379): The company mainly engages in the research and development, design, production, and sales of customized LCD screens and display modules in the professional display field, with main products including monochrome LCD screens, monochrome LCD modules, and color LCD modules.

The issuer’s clients are widely distributed across the fields of smart home, smart financial data terminals, communication equipment, industrial control and automation, people’s livelihood energy, health care, and automotive electronics. The issuer has established a long-term strategic partnership with Shentianma based on high-quality products and services, and has established long-term stable cooperative relationships with well-known enterprises in the above-mentioned industry application fields, such as Gree, Hikvision, Johnson Controls, LG, Daikin, Bticino, Baifu, Youbuxun, Yilian, Weiyida, and Sagemcom.

The main composition of operating income

Main domestic companies:

Yashiguangdian, Qiu Tianwei, Jun Cheng Technology

Use of raised funds

Financial Analysis:

(Data source: Tonghuashun F10)

(Data source: Tonghuashun F10)

It is expected that the net profit attributable to the parent company’s owners from January to September 2022 will be 85 million to 87 million, with a growth rate of 16.08% to 18.81%. (Information source: 2022-09-29 Temporary Announcement)

Conclusion: It is expected that each winning share will yield 6,500, it is recommended to subscribe, and it is advised to pay attention cautiously later.

[Note] The levels of attention are divided into: Attention, General Attention, Cautious Attention, No Attention

Risk Warning: The above views and information are merely this account’s understanding and judgment of the market, for reference only, with the main textual content sourced from the company’s prospectus. The market has risks, and investment should be cautious.

Support the article reading:

1: “What are the secrets to winning new shares?“

2: “Without intention, without necessity, without rigidity, without oneself, new shares and secondary new shares need flexibility