making 35 million daily : china’s most profitable high-speed rail will soon land in A shares

China’s most profitable high-speed rail is about to go public on the A-share market. Last November, the Beijing-Shanghai high-speed rail line took just 23 days to cross the line, surpassing the “fastest” industrial rich in nearly a decade. In the early hours of January 3, Beijing-Shanghai High-Speed Railway Co., Ltd. (hereinafter referred to as “Beijing-Shanghai High-Speed Railway”) issued the “Initial Public Offering Of Shares Announcement”. According to the announcement, the issue price of 4.88 yuan / share, the price corresponding to the price-earnings ratio of 23.39 times, lower than the transportation industry major listed companies static price-earnings ratio average.

ps. P/E ratio- to stock price/earnings per share, can be simply understood as how many years can be returned, a stock price-earnings ratio is lower, the faster the return, the less investment risk.

Considering the leading position and earning power of the Beijing-Shanghai high-speed railway, as well as the lower price-earnings ratio, the initial stage of the listing to go crazy pace?

35 million daily china's most profitable high-speed rail will soon land in A shares

According to the announcement, the issue will be issued on January 6th (T-day) on January 6th, 2020, with online purchase times of 9:30-15:00 and online requisitions at 9:30-11:30, 13:00-15:00.

The Beijing-Shanghai high-speed rail line is known as the “most profitable” high-speed rail line. According to the disclosure, the Company’s operating income for the first three quarters of 2016, 2017, 2018 and 2019 was RMB26.258 billion, RMB29.555 billion, RMB31.158 billion and RMB25.002 billion, respectively, and net profit was RMB7.903 billion, RMB9,053 million, respectively. 10.248 billion yuan and 9.520 billion yuan.

35 million daily china's most profitable high-speed rail will soon land in A shares

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