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:
5 companies give advance notice of the first quarter performance
Statistics show that a total of Sichuan Yahua Industrial Group Co.Ltd(002497) , Nanjing Yunhai Special Metals Co.Ltd(002182) , Huakang medical, Baosheng Science And Technology Innovation Co.Ltd(600973) , Jinhui shares and other five companies announced the first quarter performance forecast. In terms of the type of performance forecast, there are 4 companies with performance increase in advance and 1 company with performance loss in advance.
16 the company announced the annual report, and the performance of seven companies doubled
Statistics show that as of February 22, 16 companies have published their annual reports for 2021, of which 11 have increased net profit year-on-year, 5 have decreased, 13 have increased operating revenue year-on-year, 3 have decreased, 9 have increased net profit and operating revenue at the same time, Guangdong Tonze Electric Co.Ltd(002759) , 1 has decreased profit and revenue, and 7 have doubled their performance, of which Guangdong Tonze Electric Co.Ltd(002759) has the largest increase, 7011.34%.
189 company performance letters appeared, with 80% revenue and profit increasing
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 22, 189 companies in Shanghai and Shenzhen had issued performance letters. In terms of profits, among the companies that announced the performance express, 187 companies achieved profits, and 14 had a net profit of more than 10 billion yuan.
2475 companies predict the annual performance of 1091 companies, with an increase of
Statistics show that as of February 22, 2475 companies have announced the performance forecast of 2021. The type of performance forecast shows that there are 1091 companies with pre increase and 283 companies with pre profit, and the proportion of companies reporting good news in total is 55.52%; There are 513 and 379 companies with pre loss and pre reduction of performance respectively. Among the performance prediction companies, according to the median increase of expected net profit, a total of 756 companies have a net profit increase of more than 100%; There are 479 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.
43 Sci-tech Innovation Board stocks released 30 performance letters, with a net profit of more than 100 million yuan
Statistics show that as of February 22, a total of 43 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 Guizhou Zhenhua E-Chem Inc(688707) , Nanya New Material Technology Co.Ltd(688519) . In terms of growth, the operating revenue of 39 companies that issued the performance express increased year-on-year. The highest growth was Guizhou Zhenhua E-Chem Inc(688707) . Last year, the operating revenue was 5.515 billion yuan, a year-on-year increase of 432.07%; Followed by Hunan Changyuan Lico Co.Ltd(688779) and chuangyao technology. Summary of
industry performance:
weekly report of software and service industry: the strategy of Eastern digital computing and Western computing was officially launched, and IDC and other data infrastructure were fully upgraded
In the short term, it is more about supply optimization, which will accelerate the development of digital economy in the medium and long term. The core of this round of East digital West computing is to build a new computing network system integrating data center, cloud computing and big data, promote the circulation and application of data elements, and provide strong support for the development of digital economy in the future. It is more about supply side optimization, and the short-term stimulation on the demand side is limited. In the era of digital economy, data will become the core production factor, and the processing and storage of data need to consume a large amount of IT resources and energy. By building a new computing network system integrating data center, cloud computing and big data, East digital West computing is expected to significantly reduce the computing power acquisition cost of digital economy and promote the development of data circulation and application in digital economy.
comments on crude oil price in oil and natural gas industry: Russia recognizes the independence of Donbas region, and the upward risk of oil price increases
We expect high oil prices to become the norm in the next two years. In 2022, the release of OPEC + idle capacity on the supply side will be lower than the market expectation. European oil companies have determined the transformation direction of traditional oil and gas for a long time. The elasticity of the supply side mainly lies in the United States shale oil and Iran peace talks. In addition to ESG, investors require an increase in the rate of return and environmental protection policy restrictions on shale oil; In 2022, we will face the determined rise in raw material prices, rising labor costs and supply chain bottlenecks. We judge that the growth rate of us production in 2022 will not exceed 1 million barrels / day. If shale oil cannot provide sufficient production elasticity in 2023, the oil price center in 2023 may be higher than that in 2022.
brief comment report on coal mining industry: prices gradually return to a reasonable range
We expect that the coal demand in 2022 will maintain a positive growth rate compared with last year. The long-term downturn in fixed asset investment leads to insufficient release of coal effective capacity, insufficient supply elasticity, coal supply pressure still exists, and the valuation of coal listed companies is still low compared with the historical level. Since last year’s supply guarantee, the rise of coal price center has basically become a consensus, At present, the market performance still fails to fully reflect the changes in fundamentals, and there is still room for further repair of valuation.
weekly report of the real estate industry: the positive signal of reducing the down payment ratio of commercial loans in some cities was further released
Under the background of “steady growth”, the recent policy intensity has been significantly increased and the pace has been accelerated, because more cities are expected to adjust the demand side policies under the framework of urban implementation policies. Benefiting from the positive signals continuously released by the policy, the expectation of steady growth and the changes of market style, we maintain the recommendation. In terms of individual stocks, we can pay attention to 1) high-quality leaders and some private enterprises, such as Vanke, poly, CNOOC (not covered), zhaosnake (not covered), China Resources (not covered), etc., and be more active in high-quality leaders. 2) country garden services, Xuhui Yongsheng services China Resources Vientiane life.
chemical industry: chemical investment opportunities under steady growth
Looking forward to 2022, we believe that the prosperity of the chemical sector is expected to continue. The carbon peak action plan before 2030 proposes that the petrochemical industry should strictly enforce project access. By 2025, China’s primary crude oil processing capacity will be controlled within 1 billion tons, and the capacity utilization rate of main products will be increased to more than 80%. On the supply side, we expect that the capacity expansion of the chemical industry will be strictly controlled, and the energy consumption index will suppress the supply expansion. On the demand side, the chemical industry is closely related to GDP, with a wide range of application fields, and the traditional fields still maintain growth as a whole; At the same time, China’s stable economic policy continues to increase, the decline in China’s demand is expected to gradually ease, the foreign covid-19 epidemic prevention policy is gradually relaxed, and the demand is rising again. We believe that the overall chemical sector is still expected to maintain a high boom in 2022.
