New Bond Analysis: Tianyang Bond, Haishun Bond
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The following are two new bond analyses:
01
Bond Name: Tianyang Bond
Subscription Time: March 23rd
Draw Date: March 27th
Company Profile:
Tianyang Technology's main business is to provide IT solutions, consulting, professional testing and maintenance services to financial institutions, mainly banks.
The company's revenue growth rate over the past three years was 31.41%, and its net profit growth rate was 3.92%. Revenue growth is excellent, but net profit growth is relatively low.
Analysis: Net profit decreased by 69.27% compared to last year's third quarter, the company is in the middle of the industry, with a low attention rate and average investment value.
Bond Features:
Bond scale: 9.75 billion
Bond rating: AA-
Conversion value: 101.27 yuan
Estimated initial listing premium rate: around 29%
Analysis: The bond scale is relatively small, the rating is slightly lower, and the conversion value is good, with a relatively low premium rate currently. We estimate that Tianyang Bond will be listed at around 131 yuan.
02
Bond Name: Haishun Bond
Subscription Time: March 23rd
Draw Date: March 27th
Company Profile:
Haishun New Materials' main business is the research, development, and sales of high-barrier packaging materials for direct contact pharmaceutical products.
The company's revenue growth rate over the past three years was 19.10%, and its net profit growth rate was 16.63%. Revenue growth is excellent, and net profit growth is also excellent.
Analysis: The stock valuation is moderate, with a net profit increase of 5.43% compared to last year's third quarter, the company is in the middle of the industry, with a low attention rate and average investment value.
Bond Features:
Bond scale: 6.33 billion
Bond rating: AA-
Conversion value: 97.53 yuan
Estimated initial listing premium rate: around 39%
Analysis: The bond scale is relatively small, the rating is slightly lower, and the conversion value is average, with a relatively low premium rate currently. We estimate that Haishun Bond will be listed at around 136 yuan.
This article was first published on WeChat Public Number: Cai Niao Finance. The content is the author's personal opinion and does not represent the position of Huanxin Network. Investors should operate based on this information at their own risk.