Recently, high-flying stocks have shown active performance.

Today, the performances of high-flying stocks have diverged, with Guangxi Yuegui Guanye Holdings hitting the daily limit, marking the 11th consecutive rise, and subsequently opening multiple times. The latest price is 20.44 yuan per share, setting a new historical high, with a total market cap of 16.39 billion yuan.

In the last 14 trading days, the stock price of Guangxi Yuegui Guanye Holdings has accumulated a rise of over 245%, and since September 24, it has increased by over 309%.

In terms of other stocks, Guangdong Dongfang Precision Science & Technology has had a 8-day rise, Nanjing Chemical Fibre has had a 6-day rise, Guangbo Group Stock, Guangdong Guanghua Sci-Tech, and Net263 Ltd. have risen for 5 days over 7 days; Bohai Water Industry, Shanghai Jin Jiang Online Network Service, and Invengo Information Technology have hit the maximum drop.

Twice this year, the rumors about solid state batteries have been denied.

As one of the 'leaders' among high-flying stocks, Guangxi Yuegui Guanye Holdings has consecutively released 6 announcements regarding stock price fluctuations since November 11, warning of risks.

The announcement states that there has been no significant change in the company's fundamentals, and no significant information that should have been disclosed has been omitted. Investors are solemnly reminded to invest rationally and pay attention to risks.

Regarding the stock price, guangxi yuegui guangye holdings began a significant rise from November 6, with the company's market cap increasing from less than 5 billion yuan to over 16 billion yuan.

Recently, there have been several stimulating news reports about solid state batteries, and the company's stock price surged due to rumors surrounding solid state batteries.

In response, guangxi yuegui guangye holdings clarified market rumors that suggest our company's pyrite may be a raw material for solid state batteries. Upon investigation, the company currently has no business or customers related to solid state batteries.

It is important to note that this is not the first time guangxi yuegui guangye holdings has surged significantly due to the solid state battery concept. In the first half of this year, the company's stock price rose from 3.24 yuan/share in February to 5.84 yuan/share in April.

In April, guangxi yuegui guangye holdings also clearly responded that there are currently no materials used for new energy solid state batteries and no relevant investment in solid state batteries; there are also no arsenic, antimony, bismuth, nickel, cobalt and other components in the company's pyrite.

In the announcement, guangxi yuegui guangye holdings also pointed out that the company's valuation is significantly higher than its peers:

As of November 15, the company's static pe is 139.43 times, the rolling pe is 38.13 times, and the pb is 2.64 times.
The average static pe of the company's belonging industry classification '3010 Food, Beverage and Tobacco' is 24.14 times, the average rolling pe is 22.65 times, and the average pb is 4.45 times.
The current rolling pe, static pe, and pb of the company have significant differences compared to its peers in the industry.

Cost reduction and efficiency enhancement have achieved results.

According to the data, guangxi yuegui guangye holdings main business is divided into three sectors: syrup paper, chemical sulfur, and new energy materials, producing and selling granulated sugar (white sugar and brown sugar), pulp and paper (specialty paper), mining, processing, and selling sulfur ores, producing and selling sulfuric acid, reagent acid (refined sulfuric acid), iron ore powder (sulfur iron ore slag), and phosphate fertilizer (ordinary calcium phosphate).

In the chemical sulfur business, the sales of sulfur ore products are mainly through direct sales, with clients mainly being production enterprises of sulfuric acid, phosphate fertilizer, and titanium dioxide.

In terms of new energy business, guangxi yuegui guangye holdings mainly focuses on photovoltaic silver powder, managed by its subsidiary huajing technology.

In terms of performance, in the first three quarters of this year, guangxi yuegui guangye holdings has implemented cost reduction and efficiency enhancement for the syrup paper and ore sectors, achieving better results.

During the period, guangxi yuegui guangye holdings achieved revenue of 2.021 billion yuan, a year-on-year decrease of 28.86%; net income of 0.225 billion yuan, a year-on-year increase of 363.15%; and the overall gross margin significantly increased to 13.76%, while the gross margin in the same period last year was only 1.76%.

Among them, the syrup paper sector achieved a profit turnaround, and the sales gross margin of the ore sector saw improvements.