Picture source: Shuiyun Qianfan
What's the situation? 150 million yuan of funds chased the daily limit and suffered a "lights to eat noodles", with a floating loss of more than 16% in one day...
On June 6, Xianda Co., Ltd. (603086) opened high and closed quickly. The daily limit opened in the afternoon and then fell sharply and turned green. The stock price closed at 9.07 yuan, a drop of 7.64%.
Data shows that on June 6, Xianda Co., Ltd. (603086) sold 1.441 million lots throughout the day, with a transaction amount of 1.41 billion yuan and a turnover rate of 33.13%, of which more than 130,000 lots were sold at a daily price of 10.8 yuan...
This also means that more than 150 million funds chasing the daily price on June 6 were turned off and had a floating loss of more than 16% in one day...
Stock investors left messages saying:
Whose general is this?
What's going on? It's so cruel!
The betting boss can't sleep tonight...
The bottom-up bidder in 9.26, can he come out alive next Monday?
I bought a world and sold a world. The sky and the earth will never play first board again!
The opening was instantly smashed, and there was no reaction time. Many people may have lie down before the software was opened!
I didn't see the number in the morning, and I ranked behind more than 100,000. I felt that there was no chance, so I canceled the order. I was really scared to think about it!
Data shows that Shandong Xianda Agrochemical Co., Ltd. was established in 1999 and was listed on the main board of the Shanghai Stock Exchange in 2017. It is a technology-based enterprise focusing on the research and development, production and marketing of original herbicides and preparations.
The company currently has dozens of invention patents, among which the new compound quinolones, a patented herbicide used to prevent and remove grass family weeds in the sorghum field, has been launched; the creative compounds pyrazoquinolones and styroxone, which are used to prevent and control resistant grass family weeds in rice fields, are under registration and will serve the rice field market in China and the global future. In terms of performance, in 2022, the company achieved revenue of 3.126 billion yuan, net profit of 381 million yuan, and net profit of excluding non-operating items was 420 million yuan, all of which reached its peak since its listing.
In 2023 and 2024, the company's revenue dropped to 2.46 billion yuan and 2.419 billion yuan, respectively, and its net profit was -104 million yuan and -25.88 million yuan, respectively, and it has suffered losses for two consecutive years...
Among them, the performance loss in 2023 was mainly due to the dual pressure of high overseas inventory and domestic production capacity release in the first half of the reporting period. Pesticide prices continued to decline, resulting in a decline in the sales prices of the company's main products to varying degrees, and some products suffered losses, resulting in a significant decline in the company's annual performance.
In 2024, the company adjusted its sales strategy in a timely manner according to changes in the market environment, and the prices of major products rebounded, reversing the decline in losses. In addition, the company enhanced the product market competitiveness, driving a significant increase in gross profit. By optimizing resource allocation and improving operational efficiency, it effectively reduced cost expenditures, resulting in a significant reduction in losses in 2024...
In previous performance briefings, Xianda Co., Ltd. stated that due to the increase in the price of enezolene product and the launch of the innovative drug pyrazolequingrass ester on the market, the company's performance this year is expected to increase significantly compared with the same period...
