Recently, the continuous adjustment of the A-share market has caused a headache for many investors. However, in the capital market, the price always fluctuates around the value is an eternal law. For listed companies, the performance is the basic standard to measure their value. For excellent companies, even if the stock price exceeds the decline in the short term, its value will eventually be found by the market. At present, when listed companies publish their annual reports, according to wind statistics, nearly 60% of the companies that have issued annual report forecasts are expecting good results. In addition, it is worth noting that many companies released operating data from January to February for the first time in history.
2021: nearly 60% of listed companies are expected to make achievements, and industrial materials become a big winner
So far, more than 2500 companies have released the performance forecast of 2021 annual report, among which the performance difference is obvious. From the distribution of announced performance, nearly 60% of the companies are expected to be happy (increase in advance, increase slightly, turn around losses and renew profits); The proportion of slight reduction and pre reduction is 25%, and 28% of the company’s first loss or continued loss.
From the perspective of industry distribution, the performance of Companies in the industry and materials sector is more prominent. According to wind statistics, 349 companies in the industrial sector ranked first in the industry in terms of annual performance prediction; The second is the material sector, with 338. In addition, the number of Companies in information technology and optional consumption sectors also exceeded 200.
Due to the large rise in the price of resource commodities in 2021, the performance of relevant listed companies increased sharply. The performance forecast of 2021 annual report shows that the performance growth rate of 43 companies exceeds 1000%. Among them, the advance increase of Sichuan Hebang Biotechnology Co.Ltd(603077) annual report exceeds 700 times, and the annual net profit may reach 3.3 billion yuan At the end of the Tsingtao Brewery Company Limited(600600) , there is a\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\, Jiangxi Special Electric Motor Co.Ltd(002176) , Shenzhen Dynanonic Co.Ltd(300769) and other annual reports of the company may increase by more than 30 times in advance.
In addition to the companies with large performance growth, some companies still maintain rapid growth on the basis of high base, of which 65 companies may exceed 5 billion yuan in 2021. The annual performance of China Mobile is expected to exceed 110 billion yuan; In addition to the following, ‘ Petrochina Company Limited(601857) \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\theannual performance of energy, Zijin Mining Group Company Limited(601899) , China Coal Energy Company Limited(601898) , Xinjiang Tianshan Cement Co.Ltd(000877) , Rongsheng Petro Chemical Co.Ltd(002493) , Chongqing Zhifei Biological Products Co.Ltd(300122) , Guosen Securities Co.Ltd(002736) , Tcl Technology Group Corporation(000100) , China Tourism Group Duty Free Corporation Limited(601888) is expected to exceed 10 billion yuan.
Shandong resource enterprises “report card” in 2021
In addition to the “Chinese prefix” Big Mac companies, among the top performance ranking enterprises, three enterprises from Shandong are particularly eye-catching. The report card of Wanhua Chemical Group Co.Ltd(600309) in 2021, which is known as “Huawei in chemical industry”, is particularly bright. In 2021, the company is expected to achieve an operating revenue of 145538 billion yuan, an increase of 98.19% year-on-year; The net profit attributable to the parent company was 24.649 billion yuan, a year-on-year increase of 145.47%.
In this regard, Wanhua Chemical Group Co.Ltd(600309) said that in 2021, the vaccination rate of the world’s major economies increased, the economy recovered, and the demand of the global chemical products market boosted. However, some chemical plants in the world are affected by extreme weather, epidemic and other factors, resulting in supply shortage, resulting in fluctuations in the global chemical supply chain, phased imbalance between supply and demand, and rising prices of chemical products.
With the technical transformation of Yantai MDI unit and the commissioning of new production capacity and new units such as one million tons of ethylene, Yantai Chemical has improved the supply capacity of the global market. At the same time, relying on the global supply chain and channel layout for many years, Yantai Chemical has overcome many adverse factors such as epidemic situation, orderly ensured the market supply of global core customers, and the production and sales of major products such as polyurethane, petrochemical and fine chemicals have increased significantly, The scale effect is obvious, and the group’s operating revenue and profit have increased significantly.
As a global MDI leading enterprise, in recent years, Wanhua Chemical Group Co.Ltd(600309) by expanding the scale of production capacity, its revenue has been expanding and its profit has remained stable. From 2018 to 2020, the company achieved revenue of 60.621 billion yuan, 68.051 billion yuan and 73.433 billion yuan respectively, and realized net profit attributable to parent company of 10.610 billion yuan, 10.130 billion yuan and 10.041 billion yuan respectively, and ushered in explosive growth in 2021.
In addition, Yankuang energy and Shandong Hualu-Hengsheng Chemical Co.Ltd(600426) which are respectively the leaders in the field of energy and materials also attracted attention. In 2021, Yankuang energy is expected to realize a net profit of 16 billion yuan, a year-on-year increase of 124.67%. In fact, this has nothing to do with the acceleration of the reform of state-owned enterprises in Shandong in recent years.
In July 2020, according to the deployment requirements of the Shandong provincial Party committee and the provincial government, the former Yankuang Group and the former Shandong energy group carried out strategic restructuring, Yanzhou Coal Mining Company Limited(600188) ushered in new development opportunities, and successively completed a number of major capital operations such as cash acquisition of chemical assets of the group’s parent company and capital increase and holding of Inner Mongolia mining. The company’s scale equivalent accelerated growth and the industrial chain continued to extend.
After the reorganization, Yankuang energy has become the only energy enterprise in China with listing platforms in Shanghai, New York, Hong Kong and Australia. Then, adhering to the development direction of high-carbon energy, low-carbon, large-scale clean energy and intelligent comprehensive energy, the company focused on five industries: mining, high-end chemical new materials, new energy, high-end equipment manufacturing and intelligent logistics, strengthened capital operation, scientific and technological innovation and lean management, implemented global resource allocation and global market layout, and improved the leading ability of industrial development, High quality development level and international industry status have achieved new leaps. By the end of 2020, the company had total assets of 258.91 billion yuan, operating revenue of 214992 billion yuan and total profit of 9.254 billion yuan.
It is worth mentioning that Shandong Hualu-Hengsheng Chemical Co.Ltd(600426) , which has the common cyclical attribute of the chemical industry, has ushered in the best operating performance in history in 2021, and the operating revenue, net profit and non net profit have doubled. According to the performance express, in 2021, Shandong Hualu-Hengsheng Chemical Co.Ltd(600426) achieved an operating revenue of 26.647 billion yuan, an increase of 13.532 billion yuan or 103.18% over the previous year. The net profit was 7.254 billion yuan, a year-on-year increase of 5.456 billion yuan, an increase of 303.45%. The net profit after deducting non recurring profits and losses (hereinafter referred to as deducting non net profit) was 7.220 billion yuan, an increase of 5.456 billion yuan, an increase of 309.30%, compared with 1.764 billion yuan last year.
In fact, Shandong Hualu-Hengsheng Chemical Co.Ltd(600426) not only made brilliant achievements in 2021, but also maintained a steady development momentum since its listing. Even when the industry experiences a low business cycle, its operating performance does not fluctuate much, showing a good ability to resist risks. These are related to Shandong Hualu-Hengsheng Chemical Co.Ltd(600426) ‘s industrial operation mode.
It is reported that Shandong Hualu-Hengsheng Chemical Co.Ltd(600426) main businesses include the production and sales of chemical products and chemical fertilizers, power generation and heat supply. According to the company, it has established a flexible multi production operation mode of “one head and multiple lines” circular economy, that is, multi industry co production mode. According to the market conditions of each product, it can switch the production operation mode in time, strengthen stable optimization and tap potential and increase efficiency, and realize the safe and efficient operation of production devices at full load for a long period of time.
At the same time, the company also carries out multi industry layout. The reporter found that Shandong Hualu-Hengsheng Chemical Co.Ltd(600426) were listed in 2022, and raised 2.828 billion yuan in 2006 and 2010 to carry out project construction and acquire relevant production lines of shareholders, enabling the company to achieve endogenous growth.
unprecedented! Several companies released operating data from January to February, as well as industrial capital repurchase
At the same time, the reporter noted that more than a dozen companies disclosed the company’s first quarter performance forecast. Among them, Zhejiang Shuanghuan Driveline Co.Ltd(002472) 2022 announced on March 7 that it was expected to make a profit of 105 million yuan to 125 million yuan in the first quarter, with a year-on-year increase of 98.19% ~ 135.94%. In addition, Sichuan Yahua Industrial Group Co.Ltd(002497) february 21 disclosed the performance forecast for the first quarter. The company’s pre profit was 900 million yuan to 1.2 billion yuan, with a year-on-year increase of 105367% ~ 143822%.
In addition, it is worth mentioning that during the current intensive disclosure of annual reports of A-share listed companies, many companies also released unprecedented operating data from January to February, and most of these companies made a good start in 2022. Among them, Kweichow Moutai Co.Ltd(600519) 2022 achieved a 20% increase in total operating revenue and net profit from January to February, significantly higher than 10.93% and 6.57% in the first quarter of 2021, realizing a leap forward growth in revenue scale and profitability. It is expected to achieve a simultaneous increase in volume and price in 2022. This undoubtedly injects a shot in the arm into the current market.
(several companies released main business data from January to February)
At the same time, on March 8, Haier Smart Home Co.Ltd(600690) , Zhejiang Hangmin Co.Ltd(600987) , Zhejiang Dingli Machinery Co.Ltd(603338) , Betta Pharmaceuticals Co.Ltd(300558) and other companies disclosed the share increase plans of shareholders or senior executives, and 360 Security Technology Inc(601360) , Zhejiang Chint Electrics Co.Ltd(601877) also disclosed the share repurchase implementation plans, all of which are planned to be repurchased quickly in the next three days.
Among them, the leading household appliance enterprise Haier Smart Home Co.Ltd(600690) 3 announced on March 8 that Renhai Chuangzhi, the concerted action of Haier Group, the actual controller of the company, increased its holdings of 6.4 million A-Shares of the company on March 8, with an increase of 145 million yuan. Based on the confidence in the long-term development of China’s capital market and the business prospects of the company, haichuangzhi plans to increase its holdings by no less than 200 million yuan and no more than 350 million yuan (including the shares increased this time) in the next six months. In the secondary market, Haier Smart Home Co.Ltd(600690) share price has fallen for five consecutive trading days, with a cumulative decline of 25% this year.
The increase or decrease of industrial capital is often one of the key weathervanes of the A-share market. As “insiders” in the capital market, industrial capital is undoubtedly the group that knows listed companies best, and its behavior can often affect the market’s attitude towards the company’s share price. Investors said that the increase of industrial capital is undoubtedly a signal of the company’s long-term value to the market, which is conducive to the trend of stock price after the market stabilizes sentiment.
