The issue price of Lintai New Materials 920106H is 19.82 yuan per share, corresponding to an issue priceearnings ratio of 17.94 times when the overallotment option is not exercised; it is lower than the industry's average static priceearnings ratio in the last month 24.48 times, and also lower than the average static priceearnings ratio of comparable companies in the same industry 39.97.
Lintai New Materials is a specialized enterprise engaged in the research, development, production and sales of automotive automatic transmission friction plates. Its main products are automatic transmission wet paperbased friction plates and dual plates, which are used in mainstream automotive automatic transmissions including hydraulic automatic transmissions AT, continuously variable transmissions CVT, dual clutch transmissions DCT, hybrid transmissions DHT and pure electric vehicle transmissions DET.
From January to June , automatic transmission friction plates accounted italy phone number list for 87.59% of the company's main business revenue, and clutch assemblies accounted for 7.14%.
In 2021, 2022, 2023 and JanuaryJune referred to as the "reporting period", the company's operating income was RMB 132 million, RMB 176 million, RMB 207 million and RMB 122 million, respectively, and its net profit attributable to shareholders of the parent was RMB 16.42 million, RMB 24.78 million, RMB 49.18 million and RMB 28.07 million, respectively.