After the disclosure of the third quarterly report in 2021, A-share listed companies can’t wait to publish the annual performance forecast, 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:

56 companies predict the annual performance of 39 companies, with a pre increase of

Statistics show that as of December 8, 56 companies have announced the performance forecast for 2021. The type of performance forecast shows that there are 39 pre increase companies and 1 pre profit company, and the total proportion of reporting companies is 71.43%; There are 5 and 3 companies with pre reduced performance and pre loss respectively. Among the performance prediction companies, according to the median increase of expected net profit, the net profit of 9 companies increased by more than 100%; There are 8 companies with net profit growth of 50% ~ 100%.

Specific to individual stocks, Eternal Asia Supply Chain Management Ltd(002183) 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 329.36%; Juxin technology and Yanan Bicon Pharmaceutical Listed Company(002411) are expected to have a year-on-year net profit growth of 242.70% and 191.06% respectively, ranking the second and third.

investigation on the whole chain of condiment price increase: the price of terminals has not increased yet, and the performance improvement of listed companies should “wait”

Since the rise of raw material prices, the performance of listed condiment companies has been under pressure as a whole. The gross profit margin of Foshan Haitian Flavouring And Food Company Ltd(603288) , Jonjee Hi-Tech Industrial And Commercial Holding Co.Ltd(600872) , Qianhe Condiment And Food Co.Ltd(603027) , Jiangsu Hengshun Vinegar-Industry Co.Ltd(600305) in the first three quarters of 2021 decreased by 3.4, 4.63, 8.01 and 2.15 percentage points respectively year-on-year. According to the relevant research report of seasoning 2021 quarterly report released by Guosheng securities, in addition to the high price of soybean in the third quarter, the prices of packaging corrugated paper and glass bottles also rose steadily, and the cost side pressure increased further. At the same time, the low-priced raw materials stored by some enterprises have been used up, such as Chongqing Fuling Zhacai Group Co.Ltd(002507) , and the high-priced raw materials purchased in the first half of the year began to appear in the third quarter, driving the gross profit margin down. At the same time, all enterprises on the cost side put in normally. Under the background that the income recovery did not meet the expectations, the cost rate of some enterprises was significantly high, further squeezing the profit space.

the performance changed and the loss was difficult to stop. After the huge stock price earthquake, Zhejiang Narada Power Source Co.Ltd(300068) 1.4 billion fixed increase failed

Recently, Zhejiang Narada Power Source Co.Ltd(300068) (300068. SZ) disclosed that the company’s plan to issue shares to specific objects obtained the registration approval on December 4, 2020. However, due to changes in the capital market environment, financing opportunities and other factors, the company failed to complete the approval within the validity period of the approval document, and the approval of the CSRC on the registration of the company’s issuance of shares to specific objects will automatically expire.

Since 2021, the company’s performance has not improved. As of September 30 this year, Zhejiang Narada Power Source Co.Ltd(300068) achieved a year-on-year increase in operating revenue of 35.78% to 10.098 billion yuan in the first three quarters of this year, but its net profit attributable to the parent company turned into a loss of 69.2868 million yuan, and the loss after deducting non recurring profits and losses reached 126 million yuan; Among them, in the third quarter, the company lost 106 million yuan in a single quarter. According to the company’s explanation, the main reason for the loss is that the gross profit margin of products has decreased due to the significant increase in the price of main raw materials.

industry performance summary:

auto industry tracking report: there is a chance to find out the leakage and fill the vacancy of auto parts in the gold rush

We believe that the next two quarters of auto parts, especially parts and components, still have a great opportunity. The current adjustment will give investors a good chance to revisit the sand and fill in the gaps. For parts and components, it is recommended to pay attention to Ningbo Jifeng Auto Parts Co.Ltd(603997) , Suzhou Sonavox Electronics Co.Ltd(688533) , Anhui Zhongding Sealing Parts Co.Ltd(000887) , 800V chain, Guangdong Senssun Weighing Apparatus Group Ltd(002870) , and focus on Ningbo Tuopu Group Co.Ltd(601689) , Hangzhou Xzb Tech Co.Ltd(603040) . For the whole vehicle section, Geely Automobile, Byd Company Limited(002594) , Great Wall Motor Company Limited(601633) , Chongqing Changan Automobile Company Limited(000625) are recommended.

strategy of petrochemical industry in 2022: energy transformation drives refining and chemical transformation

Energy transformation drives changes in demand outlook and supply pattern 1) crude oil: global crude oil demand will basically return to the pre epidemic level in 2022. Us shale oil will resume a certain growth in 2022, but considering Duc’s consumption and willingness to capital expenditure, it is difficult to reproduce the prospect of sustained and rapid production increase. OPEC still has the ability to control the market due to the concentration of surplus capacity. It is expected that there is a high probability that the international oil price will remain at a medium high level in 2022. In the long run, under the background of carbon energy transformation, the duration of oil assets becomes shorter, but the price center may rise due to the obvious decline of investment willingness.

power equipment and new energy industry: electricity price policy combination ignites the industrial and commercial energy storage market

With the cost reduction of energy storage system, the economy of industrial and commercial energy storage projects will be further improved. From the cost structure of energy storage system, battery and PCs are the links with the highest value, accounting for 58.6% and 15.5% respectively. From the perspective of cost reduction space, the DC side composed of battery and BMS may be the key link of subsequent cost reduction. According to our model calculation, when the cost of energy storage system is reduced from the current 1.6 yuan / wh to 1.2 yuan / wh, the IRR of industrial and commercial energy storage projects is increased from 21% to 32%.

trends of building materials industry: multiple positive factors strengthen confidence, and the breakthrough of waterproof leader is expected

2022 may be the year when the demand for photovoltaic waterproof breaks out. At present, photovoltaic roofs are vigorously developed in many places in China. According to the statistics of Polaris Cecep Solar Energy Co.Ltd(000591) photovoltaic network, 14 provinces and cities have clearly issued BIPV green building related subsidy policies. We believe that high-quality waterproof projects will further highlight the contribution to the stability, safety and durability of roof photovoltaic. We calculate that the scale of photovoltaic roof waterproof market will be about 50 billion yuan in 2025, The polymer waterproof market matching photovoltaic roof is expected to expand rapidly.

annual strategy of light industrial textile and clothing industry in 2022: category rise and brand break

We believe that in the early and post epidemic era in 2022, consumers will accelerate iteration and multi-layer consumption, resulting in the following acceleration trend of light industry manufacturing and clothing: the accelerated development of some new consumer categories: outdoor sports are catalyzed by the epidemic, with a large increase in participation rate and high prosperity of the industry this year. In the long run, there is a huge gap between the participation rate of outdoor products in China and the industrial scale in Europe and America. The high prosperity of outdoor industry caused by the epidemic is expected to accelerate the narrowing of the gap. Some categories burst into new vitality due to the evolution of consumption habits: the attributes of consumer goods of software home have been strengthened under the catalysis of consumption upgrading and epidemic situation, the leading brand effect is expected to accelerate the formation, and the category expansion ability of the brand has been improved. Some brands break through the circle of young consumers and complete brand evolution: domestic brands take advantage of the trend to accelerate the rise. Garment companies mainly improve the functionality of products and the fashion of design through national tide to enhance their competitiveness; At the same time, break the consumption circle through omni-channel marketing.