Previously because of 360 backdoor, the unit has received 18 word limit, the cumulative increase after the resumption of 450% .According to 360 backdoor total share capital of 67.74 million shares, the market value of over 330 billion. Zhou Hongyi total direct and indirect holdings of listed companies 1583.5 million shares (23.41% of the total share capital), net worth will exceed 77 billion.
Yesterday, Jiangnan Jiajie released the amount of days, body seats shipped 339000000 yuan, hot money then .Any analysis, due to the timetable on the list was too coincidentally the market has been questioned by Taikang Life or clearance.
Jiangnan Jiajie announced on the 30th, the company abnormal fluctuations in stock transactions.After self-examination, and in writing to the controlling shareholder and the actual controller, confirmed there is no important information that should be disclosed without undisclosed.Company major asset restructuring and related party transactions have been shareholders After the meeting reviewed and approved yet to be approved by China Securities Regulatory Commission, it may be uncertain whether it can be successfully completed on schedule. According to the performance promised by the counterparty upon completion of the restructuring, the Company's static P / E and dynamic P / E ratios are 150.35 times and 114.06 times respectively, According to the CSRC industry classification, the static and rolling P / E weighted average of the Internet and related services is 52.64 times and 42.44 times respectively. The valuation of the Company is relatively high, and there is a certain risk of fluctuation in the stock price in the future.
In the opinion of Shun Securities, assuming the successful completion of the restructuring in 2018, the pro forma performance will be estimated from 2018 onwards: EPS is estimated to be 0.13, 0.43 and 0.56 yuan respectively from 2017 to 2019. The first "Buy-A" rating, considering the issue of additional dilution, 6-month target price of 15.00 yuan, corresponding to 2018 35X valuation.
CITIC Securities believes that a major restructuring of the company intends to build 3,600 high-quality assets, follow-up development worth the wait is expected 2017-2019 EPS was 0.36 / 0.38 / 0.42 yuan, consider 360 placement performance commitments and shares issued pro forma EPS0.33 / 0.43 / 0.56 yuan; As the merger and reorganization there are still uncertainties, for the first time give the company 'overweight' rating, waiting for follow-up situation.
GF Securities believes that the company forecast revenue from 2017 to 2019 were 20.7, 21.3, 22.4 billion yuan, net profit attributable to parent was 1.08, 1.12, 114 million yuan, according to the June 9 suspension price calculation corresponding PE were 32, 31 , 31 times, taking into account the acquisition of three hundred sixty-six companies there is greater uncertainty, to give the 'hold' rating.
Northeast Securities believes that as the transaction has not yet officially landed, the impact of the assets into the three six zero temporarily consider the company expected the company 2017/2018 / 2019EPS0.41 / 0.37 / 0.36 yuan, corresponding to PE21.55 / 23.87 / 24.59 times, given 'overweight' Rating.