New stock subscription levels: Subscription with confidence > Subscription with caution > Give up subscription.

The company's operations are unstable. Its performance has maintained growth in the first two years, but its net profit in 2021 will decline by 10.89% year-on-year. The company expects its performance to return to growth in 2022. The company's issuance price-to-earnings ratio is 59.74 times, which is higher than the industry's price-to-earnings ratio of 23.35 times.

And the valuation of Xingyuan Zhuomei is also on the high side among comparable companies in the same industry. The company's market size is not large, and the issuance price is not expensive. The subscription level is cautious, and I plan to give up the subscription!

Xingyuan Zhuomei

The company is mainly engaged in the research and development, production and sales of magnesium alloy and aluminum alloy precision die-casting products and supporting die-casting molds. The company's current main die-casting products include automobile lamp heat dissipation brackets.

Automotive die-casting parts such as car seat armrest structural parts, car monitor brackets, car transmission housings, car speaker housings, car pedal frames, as well as functional and structural parts of electric bicycles, and garden machinery parts Accessories and other non-automotive die-casting parts.