Chengdu A-share company breaks through hundreds of Chengdu Chongqing capital markets and opens a new chapter

As early as 1000 years ago, Chengdu was the world’s financial innovator, and the world’s first banknote jiaozi was born here; After the reform and opening up, Chengdu has become one of the first cities to issue shares. Hongmiaozi once became the largest “first-class and half” securities trading market in China in the early 1990s.

On December 6, 2021, visualisation technology was officially listed on the gem of Shenzhen Stock Exchange, opening a new chapter of development. With the successful listing of visualizing technology, the “Chengdu Legion” of A-share capital market has also ushered in a new milestone. The number of A-share listed companies in Chengdu has officially exceeded the 100 mark, becoming the 10th city in China with a total of more than 100 listed companies; In October 1993, the first local listed company in Chengdu landed on the Shanghai Stock Exchange. It took Chengdu 28 years from 0 to 100.

By the end of 2021, there were 100 A-share listed companies in Chengdu and 128 domestic and foreign listed companies, ranking first in the central and western regions. According to the data, as of the listing of visualizing technology, the total market value of 100 A-share listed companies in Chengdu has exceeded 1.37 trillion yuan, ranking 10th in all cities in China.

According to the statistics of China stock market news choice, in the first three quarters of 2021, the total consolidated operating income of 100 A-share listed companies in Chengdu reached 322.721 billion yuan, an increase of 19.54% year-on-year compared with 269.96 billion yuan in the same period in 2020; The total net profit attributable to the parent company was 35.14 billion yuan, an increase of about 6% year-on-year compared with 33.1 billion yuan in the same period in 2020.

Comparing with another data, the economic operation in the first three quarters of 2021 released by Chengdu shows that Chengdu’s GDP reached 1443.875 billion yuan, a year-on-year increase of 10%; The total revenue of these 100 listed companies in the same period accounted for 22.35% of Chengdu’s GDP.

According to Chengdu, the vitality and confidence of market players in Chengdu are increasing. Listed companies are the ballast of Chengdu’s real economy and have become the basic sector of Chengdu’s economy. In terms of industries, the 100 listed companies in Chengdu are mainly distributed in five major fields, including 14 in national defense and military industry, 13 in biomedicine, 9 in computers, 8 in utilities and 8 in mechanical equipment.

From the perspective of market value, as of February 9, 2022, the total market value of Chengdu A-share listed companies was 1.31 trillion yuan. In terms of breakdown, the A-share company with the highest market value in Chengdu is Tongwei Co.Ltd(600438) . In recent years, with the support of the vigorous development of the photovoltaic industry, the stock price has continued to rise. At present, the total market value fluctuates around 175.5 billion yuan; After that, the market value of the four listed companies is more than 50 billion yuan.

The ranking of market value also comes from the support of business performance to a large extent. In the first three quarters of 2021, Tongwei Co.Ltd(600438) rode the dust, and the net profit attributable to the parent company in the current period reached 5.945 billion yuan, a year-on-year increase of 78.38%; Bank Of Chengdu Co.Ltd(601838) , Sichuan Road & Bridge Co.Ltd(600039) , Sichuan Chuantou Energy Co.Ltd(600674) , Dongfang Electric Corporation Limited(600875) still occupy the top five positions in profits, realizing net profits of 5.131 billion yuan, 3.469 billion yuan, 2.779 billion yuan and 1.866 billion yuan respectively.

Of course, there are not a few Chengdu listed companies in crisis, Sichuan Languang Development Co.Ltd(600466) , Great Wall International Acg Co.Ltd(000835) are typical. As the former “first brother” of Sichuan real estate, Sichuan Languang Development Co.Ltd(600466) is deeply in debt crisis. According to preliminary calculation, the loss in 2021 is expected to reach about 12 billion yuan; In addition, on February 9, the latest announcement of Sichuan Languang Development Co.Ltd(600466) disclosed that the total amount of principal and interest of debts that have not been repaid due has reached 29.855 billion yuan. According to the closing price of the day, Sichuan Languang Development Co.Ltd(600466) has a total market value of only 6.07 billion yuan.

In Chongqing, the number of A-share listed companies also crossed the integer threshold of 60 in 2021. At present, the total number is 64, and the number of domestic and foreign listed companies in the city exceeds 80; As of the closing on February 9, the total market value of 64 A-share listed companies in Chongqing was 1.11 trillion yuan.

Although the number and market value are not as high as those in Chengdu, the operating performance of Listed Companies in Chongqing is good. The total operating revenue in the first three quarters of 2021 was 579.609 billion yuan, a year-on-year increase of 34.36%; The net profit attributable to the parent company was 50.388 billion yuan, a year-on-year increase of 42.07%. In terms of market value ranking, Chongqing private listed companies are even higher, Chongqing Zhifei Biological Products Co.Ltd(300122) with a market value of 190 billion yuan won the first place, Chongqing Brewery Co.Ltd(600132) and Chongqing Sokon Industry Group Stock Co.Ltd(601127) were also shortlisted in the top five, with a market value of more than 60 billion yuan.

- Advertisment -