With the beginning of 2022, A-share listed companies can’t wait to release the annual performance forecast of 2021, which has attracted the attention of many investors. Whose performance is better than expected, and who will explode the performance thunder? How to tap the investment opportunities? Summary of
individual stock performance:
14 securities companies publish 2021 performance express
Statistics show that as of February 18, a total of 14 securities companies issued performance letters. In terms of net profit, Citic Securities Company Limited(600030) had a net profit of 22.979 billion yuan last year, ranking first, followed by Guotai Junan Securities Co.Ltd(601211) , with a net profit of 15.013 billion yuan. In terms of growth, among the listed securities companies that published the performance express, 14 had a year-on-year increase in net profit, the highest increase was Central China Securities Co.Ltd(601375) , and the net profit increased by 385.57% year-on-year.
165 company performance letters appeared, 79% revenue and profit increased
According to the performance disclosure rules, some listed companies in the disclosure season of the annual report will release the performance notice or performance express in advance, and the accuracy of the performance express is stronger than the performance notice. As of February 18, a total of 165 companies in Shanghai and Shenzhen had issued performance letters. In terms of profits, among the companies that published the performance express, 164 companies achieved profits, with a net profit of more than 10 billion yuan. The highest net profit was China Merchants Bank Co.Ltd(600036) . Last year, the net profit was 119.922 billion yuan, an increase of 23.20% year-on-year, followed by Industrial Bank Co.Ltd(601166) , China Citic Bank Corporation Limited(601998) , with a net profit of 82.680 billion yuan and 55.641 billion yuan respectively. In terms of growth, 137 companies increased their net profit year-on-year, with the largest increase being Nyocor Co.Ltd(600821) . Last year, they achieved a net profit of 406 million yuan, a year-on-year increase of 620.56%, followed by Shanxi Lanhua Sci-Tech Venture Co.Ltd(600123) , Central China Securities Co.Ltd(601375) , with a year-on-year increase of 525.12% and 385.57% respectively; There were 28 companies whose net profit decreased year-on-year.
24 Sci-tech Innovation Board stocks released 16 performance express, with a net profit of more than 100 million yuan
Statistics show that as of February 18, a total of 24 Sci-tech Innovation Board companies have released the performance express of 2021. The highest total operating income was Hunan Changyuan Lico Co.Ltd(688779) , with an operating income of 6.841 billion yuan last year, a year-on-year increase of 240.25%; Followed by Everdisplay Optronics (Shanghai) Co.Ltd(688538) , Longyan Zhuoyue New Energy Co.Ltd(688196) . In terms of growth rate, the operating revenue of 23 companies that issued the performance express increased year-on-year. The highest growth rate was Hunan Changyuan Lico Co.Ltd(688779) . Last year, the operating revenue was 6.841 billion yuan, a year-on-year increase of 240.25%; Followed by chuangyao technology and Shenzhen Sunmoon Microelectronics Co.Ltd(688699) .
2498 companies predict the annual performance of 1107 companies, with an increase of
Statistics show that as of February 18, 2498 companies have announced the performance forecast of 2021. The type of performance forecast shows that there are 1107 companies with pre increase and 289 companies with pre profit, and the proportion of companies reporting good news in total is 55.88%; There are 514 companies with pre loss and 379 companies with pre reduction of performance respectively. Among the performance prediction companies, according to the median increase of expected net profit, a total of 770 companies have a net profit increase of more than 100%; There are 483 companies whose net profit increases between 50% and 100%.
In terms of individual stocks, Sichuan Hebang Biotechnology Co.Ltd(603077) is expected to have the highest increase in net profit. The company expects the median increase in net profit for the whole year to be 7593.73%; Nuode Investment Co.Ltd(600110) , Inner Mongoliayuan Xing Energy Company Limited(000683) it is estimated that the median year-on-year growth rate of annual net profit is 7420.50% and 7169.15% respectively, ranking the second and third. Summary of
industry performance:
on the performance of listed banks in 2021: the profit growth rate of small and medium-sized banks in the head exceeded that of joint-stock banks, and the non-performing rate decreased collectively
The bank’s performance express came one after another. Data show that as of February 16, 19 A-share listed banks have disclosed their performance express, and most of them have performed well. Most of the banks that disclosed the performance express were small and medium-sized banks such as urban commercial banks and rural commercial banks, with a total of 14 and 5 joint-stock banks, while large state-owned banks did not disclose their performance. Judging from the 19 listed banks that have disclosed the performance express, the operation of each bank is gradually coming out of the trough of the epidemic in 2021, and the performance is showing a trend of recovery.
comments on major issues in the communication industry: “counting from the east to the west” fully launched the strategic infrastructure of digital economy
The state has raised the “calculation from the east to the west” to a position comparable to the “South-to-North Water Transfer”, “west to East power transmission”, “west to East Gas Transmission” and other major projects, which shows the strong determination of the central government to the allocation of national resources and strengthen the strategic position of digital economy. “Number” in “East number West calculation” refers to data, “calculation” refers to computing power. East number West calculation refers to the transmission of data from the east to the West for calculation and processing. At present, the scale of China’s data center has reached 5 million standard racks, and the computing power has reached 130eflops. Most of the data centers are located in the eastern region. Facing the increasingly tense situation of land, energy and other resources, the western region is abundant in resources and has the potential to develop data centers and undertake the computing power needs of the eastern region. The East West calculation is the same series of projects as the South-to-North Water Transfer, west-to-east power transmission and west-to-east gas transmission. The purpose is to optimize resource allocation and improve resource use efficiency. They all belong to resource allocation across the country.
pharmaceutical and biological industry: the Drug Administration approved the listing of Pfizer covid-19 oral drugs and paid attention to relevant industrial chains
Paxlovid’s approval has a wide impact. For Chinese cdmo enterprises, the large orders will boost the company’s short-term performance; For Chinese pharmaceutical enterprises under research, the approval of drugs shows that the drug regulatory department encourages innovation, and the follow-up needs to continue to follow up the clinical data; In the future, China will form a prevention and control system of “vaccine + neutralizing antibody + specific drugs”, and the suppression of the epidemic on hospital consumption will be gradually lifted.
comments on the defense and military industry: large orders have emerged in the industry, the overseas situation is volatile, the short-term situation has been fully adjusted or the medium and long-term allocation opportunities have been met
It is suggested to grasp the opportunities of aviation equipment, missile weapon equipment and military electronic industry chain. It is suggested to grasp the investment opportunities in the military industry from three aspects. First, there is a large gap between China and the United States in terms of aviation equipment. At present, the number of Chinese military aircraft is less than 60% of that of the United States, and the United States basically realizes the full coverage of fighters of three generations and above, while the number of fighters of less than three generations accounts for nearly 50%. There is a huge space for the improvement of the number and quality of fighters in the future. Second, missile weapons and equipment. Under the fierce game between China and the United States, the demand for strategic storage and practical exercise of missile weapons and equipment will be greatly increased, and it is expected to become the most flexible segment of the military industry in the future. Third, in the field of military electronics, national defense informatization is the only way to build a modern world-class army, and it is also the focus of China’s military modernization at this stage. The 14th Five Year Plan period will be the peak of China’s investment in military informatization. According to the prediction of the prediction foresight Research Institute, China’s national defense informatization expenditure will reach 251.3 billion yuan by 2025, with a compound growth rate of 11.6% from 2015 to 2025, Accounting for 40% of the national defense equipment cost (628.4 billion yuan) in 2025, it is recommended to pay attention to it for a long time.
comments on major issues in the real estate industry: mortgage amount and pricing are the key to determining demand
We believe that the mortgage loan amount and interest rate are key variables, and the demand side support policy at the local level is expected to continue to be introduced. We expect that after March, the real estate boom is expected to bottom out and pick up, while the structural evolution trend will continue. We continue to recommend medium and high credit real estate enterprises, Poly Developments And Holdings Group Co.Ltd(600048) , China Vanke Co.Ltd(000002) (Vanke enterprise), Longhu group, China Resources Land, China Merchants Shekou Industrial Zone Holdings Co.Ltd(001979) , Gemdale Corporation(600383) , Hangzhou Binjiang Real Estate Group Co.Ltd(002244) and other companies, and are optimistic about the investment opportunities of shells.
