VSEC Shares Soar 200% In 19 Days, Sales To Tesla Less Than 2% Of Main Business

In the last month, the share price rose by more than 200% on the sound electronic (688533.SH) in the Tesla industry chain to play what role? And from the high boom in the new energy industry chain benefited from how much? From the company's announcement released on the evening of the 24th to see the content of the "thunder is loud and rainy".

The announcement shows that the new energy vehicle market has limited impact on the current profitability of the upper sound electronics. The first three quarters of this year, the customer Tesla contributed less than 2% of the company's main business revenue.

Compared to the revenue contribution of the new energy vehicle business, on the sound of the electronic share price is another story, November 1, on the sound of the electronic share price suddenly started, the week rose 74.65%, during the November 4 ~ 8 consecutive 3 trading days recorded a "20CM" stop. Just before the disclosure of the above announcement, on the sound electronic share price on November 24 intraday hit a new record high (54.86 yuan).

From the dragon and tiger list, lobbyists and institutions are present. As of the close of business on November 25, on the sound electronic share price of 46.65 yuan, closing down 10.29%, but so far this month 19 trading days still recorded a cumulative gain of 197.89%, far outperforming the broader market.

Sales to Tesla account for less than 2% of revenue

April 19 this year, on the sound electronic landing science and technology board, the initial price of 7.72 yuan, the actual fund-raising 308 million yuan, is expected to raise 497 million yuan, the main fund-raising to two projects, including speaker expansion and automotive electronics projects.

On the first day of listing, on the sound electronic surge of 3 times, closing at 32.18 yuan, after six months, the company's share price performance continued to oscillate sideways, hovering in the 15 yuan to 20 yuan range.

Into November, listed six months before the share price of no performance on the sound electronic suddenly opened a big rise. Data show that since November 1 to 25, the company's share price from 15.67 yuan once the highest to 54.86 yuan, up nearly 3 times, continuous serious abnormal fluctuations in stock transactions.

As of the close of business on November 25, the cumulative increase this month has been close to 200%, rolling P/E ratio was once as high as 104.55 times, far exceeding the average rolling P/E ratio of 34.71 times in the computer, communications and other electronic equipment manufacturing industry in recent months.

Before the stock price started to surge, the total market value of the upper sound electronic only 2.7 billion yuan, the average daily trading volume of about 30 million yuan.

On the sound electronic stock price continued for nearly a month "crazy up" performance not only make retail investors ask "whether and miss a new energy industry chain of a bull stock", even institutions also continue to door-to-door research. November 10 ~ 15, on the sound electronic serially issued seven announcements The company received nearly 50 institutions within a week, including Eastern Securities, Fortune Fund, Guangfa Fund, China Europe Fund, E-Fangda and other head public funds.

The evening of November 24, on the sound electronic disclosure of abnormal serious fluctuations in stock trading announcement said, the company and the largest shareholder does not exist to affect the company's stock trading abnormal fluctuations in major matters; there is no other should be disclosed and not disclosed significant information, including but not limited to is planning to involve the company's merger and acquisition restructuring, share issuance, debt restructuring, business restructuring, asset divestiture and asset injection and other major matters. The Company's current day-to-day operations are normal and no material changes have occurred.

According to the announcement, the contribution of the new energy vehicle market to the revenue of SSE Electronics is limited. In the first three quarters, the sales of the company's supply products used in new energy vehicles accounted for no more than 20% of the company's main business revenue; amplifier products contributed less than 10% of the company's main business revenue; customer Tesla contributed less than 2% of the company's main business revenue.