The overseas capital market is deeply in turmoil. The share price of companies with high proportion of overseas business income fluctuates more obviously. 12 shares with low proportion of overseas income have been added by social security and QFII.
zhonggai shares fell sharply
Yixian e-commerce fell by nearly 40%
Last night, China concept stocks experienced a “bloody” night. The stocks with the largest decline in US stocks were almost dominated by China concept stocks, including China concept stocks returning to Hong Kong, Tencent concept, CDR concept, etc; Most of the popular Chinese concept stocks fell by more than 10%. The decline of Yixian e-commerce, shell, blockbuster, iqiyi and Yixian e-commerce all exceeded 20%, and the decline of Yixian e-commerce was close to 40%.
JD had the largest decline of nearly 20%, and the decline narrowed to 15.83% as of the closing. In fact, JD had stepped out of the downward trend before last night’s trading. The fourth quarter results of 2021 released last night pointed out that the net loss of JD group’s revenue attributable to common shareholders in the fourth quarter of 2021 was 5.2 billion yuan, and the net profit in the same period of 2020 was 24.3 billion yuan. Affected by two consecutive quarters of losses, the whole year of 2021 also changed from profit to loss. The sluggish performance further led to the decline of its share price.
Even Mr. Dan bin didn’t “calm down”. At 22:39 p.m. on March 10, he said on his microblog: “it’s another bloody night for zhonggai shares! In addition, China’s overseas Internet ETF fell – 73.91%.”
According to the statistics of securities times · databao, the market value of 13 zhonggai shares evaporated more than 10 billion yuan overnight, of which Alibaba, jd.com and pinduoduo evaporated more than 60 billion yuan, totaling nearly 300 billion yuan. Alibaba reduced the market value by nearly 140 billion yuan.
for the first time in history, the main contract of Shanghai nickel fell by the limit at the opening of the night
The night opening trend of China’s futures is divided. The main contract of Shanghai nickel fell by the limit for the first time in history, with a decline of – 17%, the 2210 contract of Shanghai nickel opened 5% lower, and stainless steel and crude oil fell 4%; Coking coal rose 4%, iron ore rose 3%, Shanghai aluminum rose 2%, and PVC, soda ash, methanol and styrene rose 1%.
Affected by the “Castle Peak air pressure” incident, the market performance of upstream and downstream companies of Shanghai nickel in March was poor, and the performance of upstream enterprises was slightly better than that of downstream companies. In the lower reaches of the lower reaches of the lower reaches , \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ bucked the trend and rose by more than 17%.
Trina Solar Co.Ltd(688599) refresh 210 i-topcon battery efficiency world record
On March 10, Trina Solar Co.Ltd(688599) announced that the 210mm independently developed by the company × 210mm high-efficiency i-topcon battery has been tested and certified by the third party of China Academy of metrology, and the maximum battery efficiency reaches 25.5%.
Trina Solar Co.Ltd(688599) is the world’s leading provider of integrated photovoltaic smart energy solutions. In 2019, the company announced that the photoelectric conversion efficiency of high-efficiency n-type polycrystalline i-topcon solar cells developed by its State Key Laboratory of Photovoltaic Science and technology was as high as 23.22%. this 25.5% created a new world record for the efficiency of large-scale industrialized n-type monocrystalline silicon i-topcon cells
topcon battery concept company list
TOPCON is a tunneling oxide passivation contact Cecep Solar Energy Co.Ltd(000591) battery technology based on the selective carrier principle. Its battery structure is an n-type silicon substrate battery. A layer of ultra-thin silicon oxide is prepared on the back of the battery, and then a thin layer of doped silicon is deposited. The two together form a passivation contact structure, which effectively reduces surface recombination and metal contact recombination. Compared with p-type crystalline silicon battery, n-type crystalline silicon battery has high minority carrier life, no light attenuation, good weak light effect and low temperature coefficient, is the hope of crystalline silicon Cecep Solar Energy Co.Ltd(000591) battery to move towards the highest theoretical efficiency
In 2022, a large number of photovoltaic projects are being launched one after another, and the declaration of national grid transmission channels and large bases around the country is in full swing. According to the statistics of databao, seven companies including Longi Green Energy Technology Co.Ltd(601012) , Jolywood (Suzhou) Sunwatt Co.Ltd(300393) , Cecep Solar Energy Co.Ltd(000591) have made significant progress in the research and development of n-type TOPCON batteries. Among them, the research and development of single crystal double-sided n-type TOPCON batteries in Longji battery research and development center has achieved a conversion efficiency of 25.21%.
The J.S.Corrugating Machinery Co.Ltd(000821) market value of heterojunction and TOPCON devices under development is less than 10 billion yuan, and the other six stock markets are more than 100 billion yuan. In terms of market performance, as of March 10, 7 shares rose by an average of 2%, significantly surpassing the Shanghai index, Longi Green Energy Technology Co.Ltd(601012) , Risen Energy Co.Ltd(300118) , Cecep Solar Energy Co.Ltd(000591) rose against the trend. Among them, Longi Green Energy Technology Co.Ltd(601012) , Trina Solar Co.Ltd(688599) , Risen Energy Co.Ltd(300118) .
2021 overseas business revenue is expected to exceed 2020
Overseas business is an important part of the revenue of listed companies. Under the covid-19 pneumonia epidemic and the complex and changeable international environment, the overseas income of listed companies shows more obvious polarization. Some companies have cancelled overseas business since 2020, and some companies have opened overseas markets since 2020.
Covid-19 pneumonia has a significant impact on the overseas business of listed companies. According to the statistics of data treasure, in 2020, the overseas business income of A-share listed companies was 5.48 trillion yuan, with year-on-year growth (comparable data) of only 7.07%, the lowest level in the same period of the past four years .
Among them, the overseas business income in the first half of 2020 has a year-on-year negative growth.
In 2021, with the normalization of covid-19 pneumonia epidemic and the positive trend of China’s economy, A-share companies achieved overseas business revenue of 2.45 trillion yuan in the first half of 2021, a year-on-year increase of nearly 30% and a year-on-year increase of 26.36% compared with the same period in 2019. Among them, the companies that have disclosed the annual overseas revenue in 2021 have increased by more than 20% year-on-year and more than 30% year-on-year compared with 2019 according to this trend, it is also a probable event that the overseas business income of Listed Companies in 2021 exceeds that in 2020
22 shares’ contribution to overseas revenue in 2021 reached a new high in recent five years
According to the statistics of data treasure, 63 of the listed companies that issued the annual report were involved in overseas business, and the overseas business income of Zte Corporation(000063) , Qingdao Sentury Tire Co.Ltd(002984) , Shenzhen H&T Intelligent Control Co.Ltd(002402) and other listed companies exceeded 4 billion yuan in 2021.
Vertically, the contribution of 7 shares of overseas income (overseas business income / annual operating income) exceeds 50%, including Qingdao Sentury Tire Co.Ltd(002984) , Sino Biological Inc(301047) , Shenzhen H&T Intelligent Control Co.Ltd(002402) , among which the contribution of the first 2 shares of overseas income exceeds 75% Qingdao Sentury Tire Co.Ltd(002984) nearly 90% of its revenue comes from overseas. The company is a benchmark enterprise for intelligent manufacturing in the tire industry. The shortage of shipping containers caused by the global epidemic has led to strong demand in the overseas market Bece Legend Group Co.Ltd(000803) , Anhui Xinbo Aluminum Co.Ltd(003038) and other overseas businesses were first touched in 2021.
In terms of horizontal comparison, the contribution of 22 shares to overseas income reached a new high in recent five years last year, of which 5 shares, including Zhejiang Crystal-Optech Co.Ltd(002273) , Shandong Taihe Water Treatment Technologies Co.Ltd(300801) , Lier Chemical Co.Ltd(002258) , contributed more than 30%. Taking Zhejiang Crystal-Optech Co.Ltd(002273) as an example, the proportion of overseas revenue of the company exceeded 65% for the first time in 2021 and nearly 60% in 2020 Ping An Bank Co.Ltd(000001) appeared, of which the company’s overseas business revenue in 2021 was 572 million yuan, double year-on-year.
12 stocks with relatively low overseas income received social security and QFII positions
The overseas capital market is deeply in turmoil, and the stock price fluctuation of companies with high proportion of overseas business income is more obvious. According to the statistics of data treasure, as of March 10, the above 63 shares have fallen by more than 6% on average since March, among which the average decline of companies with overseas income accounting for more than 50% is more than 13%, which is significantly lower than the Shanghai stock index. Except for Infotmic Co.Ltd(000670) suspension, the other 6 shares have fallen by more than 9% since March.
Over reliance on overseas markets will more or less affect the company’s performance and stock price. According to the statistics of data treasure, the proportion of overseas income at the end of 2021 was less than 30%, and there were 12 stocks of social security fund or QFII that increased their positions month on month at the end of 2021, of which Ping An Bank Co.Ltd(000001) , Wuhu Fuchun Dye And Weave Co.Ltd(605189) , shengmei Shanghai and other four stocks accounted for less than 2%.
12 shares have fallen by an average of 4% since March, slightly outperforming the Shanghai Composite Index. Among them, Tangshan Sunfar Silicon Industry Co.Ltd(603938) bucked the trend by more than 18%, and Beijing Huafeng Test & Control Technology Co.Ltd(688200) bucked the trend by more than 6%.
At the end of 2021, the social security fund increased its positions on a month on month basis shengmei Shanghai, Kbc Corporation Ltd(688598) , Anhui Xinbo Aluminum Co.Ltd(003038) , with positions increased by more than 1.5 percentage points; QFII added positions on a month on month basis, including Luoyang Jalon Micro-Nano New Materials Co.Ltd(688357) , Wuhu Fuchun Dye And Weave Co.Ltd(605189) , Beijing Huafeng Test & Control Technology Co.Ltd(688200) , etc.
