Main points
Papermaking:
The paper sector remained rising this week. In terms of cultural paper, the price of raw materials fluctuated and rose, and major paper enterprises increased their prices one after another, up to 500 yuan / ton. In terms of waste paper, the prices of high tile paper and box board paper have been reduced. The outbreak of the Russian Ukrainian war has brought greater uncertainty to the market, including the risk of rising energy prices, the risk of continued rising raw material prices and export variables. It is suggested to pay attention to: Winner Medical Co.Ltd(300888) , Hangzhou Huawang New Material Technology Co.Ltd(605377) , Shandong Sun Paper Co.Ltd(002078) .
Home:
This week, the overall trend of the home sector decreased slightly. The Ministry of housing and urban rural development said that China is still in the stage of rapid urban development. At present, there are more than 11 million new urban employment every year, and the rigid demand for housing is relatively strong. In addition, with the advent of the 315 promotion, all enterprises are actively preparing for the war. The leading enterprises launch cost-effective whole packages to seize the market, and the whole customized competition pattern is gradually taking shape. It is suggested to pay attention to: Suofeiya Home Collection Co.Ltd(002572) , Oppein Home Group Inc(603833) , Jason Furniture (Hangzhou) Co.Ltd(603816) .
Electronic cigarette
Shenzhen Jinjia Group Co.Ltd(002191) ( Shenzhen Jinjia Group Co.Ltd(002191) . SZ) 2021 annual performance express was released. The sales revenue of cigarette label products decreased by 4.07% year-on-year due to the recovery of the company’s business in some regional markets; In terms of color box products, the company grasped the market trend of upgrading medium and high-end tobacco and alcohol packaging and 3C product packaging, and realized the sales revenue of color box products increased by 23.52% year-on-year; The new tobacco business segment grew significantly, with sales revenue increasing by 381.16% year-on-year. In the context of the successive implementation of regulatory boots and the warm attitude towards electronic cigarette products outside China, enterprises with comprehensive industrial chain layout and good technology precipitation in the field of new tobacco are optimistic in the medium and long term. Suggested attention: Shenzhen Jinjia Group Co.Ltd(002191) .
Other light industries:
Guangzhou Pearl River Piano Group Co.Ltd(002678) ( Guangzhou Pearl River Piano Group Co.Ltd(002678) . SZ) continued to fall after a slight rise this week. The “double reduction” policy led to the reconstruction of the industry, quality education ushered in development dividends, and children’s sports and art training was “out of the circle” in an all-round way. Recently, Guangzhou Pearl River Piano Group Co.Ltd(002678) announced that its wholly-owned subsidiary signed the strategic cooperation framework agreement with Guangzhou industrial control health education investment Co., Ltd., and the two sides cooperated to set up Guangzhou Pearl River Piano Group Co.Ltd(002678) experimental classes and implement 430 after-school collective music courses. Suggested attention: Guangzhou Pearl River Piano Group Co.Ltd(002678) .
Market performance this week:
This week, the CITIC light industry manufacturing industry index fell 0.58% compared with last week, and the CSI 300 fell 1.67%. The overall sector outperformed the CSI 300 index by 1.09 percentage points. Among the secondary industries of CITIC light industry manufacturing this week, papermaking rose 2.01%, packaging and printing fell 0.35%, household fell 1.82%, entertainment light industry fell 4.14% and other light industries rose 0.16%.
Investment advice
It is suggested to pay attention to Winner Medical Co.Ltd(300888) , Hangzhou Huawang New Material Technology Co.Ltd(605377) , Shandong Sun Paper Co.Ltd(002078) , home sector Suofeiya Home Collection Co.Ltd(002572) , Oppein Home Group Inc(603833) , Jason Furniture (Hangzhou) Co.Ltd(603816) , and other sectors Guangzhou Pearl River Piano Group Co.Ltd(002678) .
Risk tips
Policy risk, price fluctuation risk of raw materials and sluggish downstream demand
