据财联社主题库显示，相关上市公司中：The State Council's State-owned Assets Supervision and Administration Commission recently issued several opinions on improving and strengthening the Market Cap management of centrally held listed companies. It emphasizes the importance of addressing the issue of listed companies trading below net asset value, incorporating the solution to this long-standing problem into the annual key work, guiding long-term undervalued listed companies to formulate and disclose valuation enhancement plans, and supervising their implementation.
The State-owned Assets Supervision and Administration Commission recently issued the "Several Opinions on Improving and Strengthening the Market Value Management of Central Enterprises and Listed Companies with Controlling Stakes." It proposes that central enterprises and listed companies with controlling stakes should regard Share Buyback and Shareholding as a long-term foundational task and establish a regular mechanism for Share Buyback and Shareholding. There should be a strong emphasis on addressing the issue of listed companies that are trading below net asset value, incorporating the resolution of long-term net asset value issues into annual key work, guiding long-term net asset value-listed companies to formulate and disclose valuation improvement plans and supervising their execution; for listed companies that are far below net asset value, have weak business synergy, poor stock liquidity, and have basically lost their functional role, encourage disposal through mergers and acquisitions, asset restructuring, and other means.
Guangfa Strategy pointed out that there are currently some industries in A-shares that overall face net asset value issues (mainly traditional industries such as finance and real estate), but these companies are highly homogeneous, making selection quite difficult. Focus can be placed on industries that do not generally have net asset value issues, but where individual symbols are under net asset value and need to disclose plans, such as in electronics, machinery, food, pharmaceuticals, and Autos.
According to data from the financial news agency, among the relevant listed companies:
China State Construction Engineering Corporation is one of the earliest specialized operating companies in our country, known for its market-oriented operations and highest level of integration in the construction and real estate Comprehensive Enterprise sector, currently the company's PB is only 0.55, and its dividend yield for three consecutive years has been 5.00%, 4.65%, and 5.64%.
China CITIC Bank Corporation is one of the earliest commercial banks in China to participate in domestic and international financial market financing, currently the company's PB is only 0.55, and the company’s dividend yield for three consecutive years is 6.54%, 6.61%, and 6.16%.
