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:

more than 60 listed companies forecast annual results nearly 80% of them are happy

As of press time on the 6th, a total of 63 A-share listed companies had predicted the annual performance of 2021, of which 50 companies had a good performance, accounting for nearly 80%, with outstanding performance in equipment manufacturing, electronics, medicine, chemical industry and other industries.

Among the 50 companies whose performance is expected to be happy, 20 have a pre increase in performance, 22 have a slight increase in performance, 5 have continued to make profits and 3 have turned losses. By industry, the performance of equipment manufacturing, electronics, medicine and chemical industry is outstanding. Among the 50 companies whose annual performance is expected, there are 11 electronic enterprises, 9 equipment manufacturing enterprises, 7 pharmaceutical enterprises and 5 chemical enterprises. From the expected net profit scale, the lower limit of the expected net profit of 25 companies such as Focus Media Information Technology Co.Ltd(002027) , Goertek Inc(002241) , Jiangsu Shuangxing Color Plastic New Materials Co.Ltd(002585) exceeds 100 million yuan, of which Focus Media Information Technology Co.Ltd(002027) is currently ranked first.

some leading real estate enterprises had solid sales performance in November and are expected to sprint to a small peak at the end of the year

Recently, listed real estate enterprises intensively disclosed their sales in November. The sales of real estate enterprises in the head are relatively strong and land acquisition is more active. Sales and land acquisition of some small and medium-sized real estate enterprises slowed down significantly. The agency believes that with the gradual improvement of the housing credit environment, real estate enterprises are expected to sprint to a small peak at the end of the year.

According to the Research Report of Southwest Securities Co.Ltd(600369) , the real estate loan investment in November continued to increase month on month and year-on-year on the basis of the sharp recovery in October. In November, the amount of domestic bonds issued by real estate enterprises was 47.1 billion yuan, an increase of 84% month on month. The monthly financing scale showed an upward trend after falling for three consecutive months.

For the investment opportunities in the real estate market, Sinolink Securities Co.Ltd(600109) research report shows that the future performance of real estate enterprises with contrarian sales growth since this year is expected to be bright, and the head state-owned enterprises with financing advantages and good reputation deserve attention.

performance cliff decline Guangzhou Shangpin Home Collection Co.Ltd(300616) “rub hot” transformation in doubt

Guangzhou Shangpin Home Collection Co.Ltd(300616) (300616. SZ) is probably the most “Internet gene” among many household enterprises. In recent years, the company has focused on building new businesses, such as xinju.com MCN and homkoo packaged cloud, which closely follow the popular concepts in the market. This year, Jingdong was introduced as a strategic investor.

But sticking to the trend did not stop the downward trend of Guangzhou Shangpin Home Collection Co.Ltd(300616) . Guangzhou Shangpin Home Collection Co.Ltd(300616) the net profit in the first three quarters of this year was 87 million yuan, equivalent to only 26% of the same period in 2019. More importantly, the decline of the company’s performance has little to do with the epidemic or the industry environment. In fact, the performance of most household enterprises in the first three quarters of this year was better than the market expectation, and showed an increasing trend compared with the same period in 2019.

industry performance summary:

banking weekly: lowering the reserve requirement releases the signal of economic support

On December 15, the reserve requirement will be reduced by 0.5 percentage points, saving 15 billion capital cost every year. The reduction of the reserve requirement means a policy signal of broad credit and economic support, which is conducive to the repair of bank valuation. The Politburo meeting of “actively expanding effective investment” and “promoting the healthy development and virtuous cycle of real estate” will alleviate the market’s fear of bank profit decline and bad. When credit grows at a high speed, the bad rate decreases. Recently, China Merchants Bank and ICBC successively announced that they plan to issue bonds to supplement capital, which also shows that banks are preparing for credit relief next year. We remain firmly optimistic about China Merchants Bank Co.Ltd(600036) , Ping An Bank Co.Ltd(000001) and Postal Savings Bank Of China Co.Ltd(601658) .

2022 strategy of building materials industry: real estate infrastructure demand is expected to pick up, optimistic about glass fiber and cement

The prosperity of glass fiber industry is high, the supply and demand pattern is expected to continue, and the growth is gradually smoothing out the cycle. We recommend it first. The current valuation of the cement sector is low, which is expected to benefit from the recovery of infrastructure and loose real estate, and become a driving force for economic growth. The waterproof industry benefits from the increment of bid raising and BIPV driven demand. The bottom signal of consumer building materials is obvious, and the recovery may be large. The key to glass lies in the toughness of the completed area next year, while the water reducing agent lies in the continuous improvement of concentration and the decline of cost center. The priority is glass fiber > cement > waterproof > consumer building materials > glass > water reducer.

weekly view of food and beverage industry: focus on Baijiu market and optimistic about high-end Baijiu

The “sauce and wine fever” that has lasted for several years is undergoing a round of periodic correction, and the sauce and wine market is becoming more and more rational. In the future, the sauce and wine industry will form brand stratification, and the competition will be more intense. High speed bottle wine has become a new track for many famous wine enterprises. At present, the high-end Baijiu valuation is reasonable, the Spring Festival season and the leading liquor dealers conference is expected to continue to catalyze high-end Baijiu market. Baijiu Baijiu Baijiu demand core factors remain unchanged, the industry development for a long time to good, high-end liquor price increase ability, the demand for high-end liquor is strong, high-end, secondary high-end Baijiu plate still has better investment opportunities. We believe that Baijiu is still a priority track for expanding scale and high barriers to the long term, and recommends the allocation of high-end Baijiu plates.

investment strategy report of real estate industry in 2022: Policy trust but not action, waiting for the industry to clear

The policy regulation has a wide range and great strength. Under the strict control of the policy, real estate enterprises have been under great pressure. The credit risk of some real estate enterprises has been continuously exposed, which has a great impact on the market supply and demand expectations. It is expected that the fundamentals of the real estate industry will still be in the downward stage in 2022. At present, deviations have been corrected in the policy. It is expected that the policy direction will be based on the principle of supporting the bottom and not stimulating.

The valuation of the real estate development sector is low, and the industry credit risk continues to release. In the long run, the industry will accelerate the liquidation, and high-quality real estate enterprises are expected to benefit. It is suggested to pay attention to two types of Companies: (1) financial stable high-quality real estate enterprises with central enterprise / state-owned enterprise background; (2) Real estate enterprises with high-quality holding properties or transformation enterprises, or effectively form a virtuous capital cycle of “development +”.

weekly report of household appliance industry: the real estate supply side is loosening, and the “dark time” of household appliance sector may be over

In the medium and long term, China’s white power market has gradually transformed into a stock competitive market dominated by renewal demand. Under this background, we are more optimistic about the deep barriers built by white power leaders in terms of brand, channel, R & D, management and other underlying basic capabilities. We believe that in the continuous innovation category of white power, we can rely on accumulated advantages to achieve the strength of the strong. At the same time, the white power leader with excellent product power, mature supply chain and rich overseas operation experience has the opportunity to improve the overseas market penetration, and the overseas market space is broad.