三連板貴州三力(603439.SH)提示風險:市盈率、市淨率遠高於同行平均水平
格隆匯6月12日丨貴州三力(603439.SH)公佈,公司股票於2020年6月9日、6月10日、6月11日連續三個交易日漲停,現將風險提示如下:
一、公司股票市盈率、市淨率遠高於同行業平均水平
公司市盈率水平較高。截至2020年6月12日,公司靜態市盈率為102.41,滾動市盈率為144.87,市淨率為16.41;根據同日中證指數有限公司網站發佈的行業數據,醫藥製造業的行業平均靜態市盈率為45.80,滾動市盈率46.58,醫藥製造業的行業平均市淨率4.60。公司市盈率及市淨率遠高於行業平均水平,特別提醒投資者注意二級市場交易風險。
二、產品集中的風險
2017至2019年,公司開喉劍噴霧劑(兒童型)和開喉劍噴霧劑的銷售收入佔主營業務收入比例分別為95.80%、95.89%和96.54%,對公司的業績貢獻較大,公司的產品結構相對集中,對開喉劍噴霧劑(兒童型)、開喉劍噴霧劑的依賴性較強。如果未來開喉劍系列產品客觀經營環境發生重大變化、銷售產生波動,將對公司的整體經營業績產生重大不利影響。
三、原材料價格波動的風險
公司生產所需的主要原材料為中藥材,多為生長週期長、季節性採集、具有明顯的道地性,其生長易受氣候、日照、土壤等多種環境因素影響,受自然條件限制較大。雖然公司除與主要供應商保持穩定的合作關係外,也在逐步加強對上游原藥材種植的投入力度,但是如果發生自然災害或經濟環境因素髮生重大變化,導致市場供求關係出現大幅度波動,公司可能會面臨中藥材短缺或價格上漲的情況,從而對公司經營業績產生不利影響。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.