Recently, affected by many factors, the market risk aversion is high, and the A-share market fluctuates greatly. At the same time, the share price of high-quality shares also retreats greatly. In the face of market fluctuations, many companies have opened a new way to protect the market - disclosing monthly operating data to dispel investors' concerns with excellent performance, so as to boost market confidence.
several leading companies have outstanding performance
Data show that as of March 12, a total of 64 listed companies in the A-share market disclosed their main operating data from January to February. Specifically, 60 companies achieved year-on-year growth in operating revenue in the first two months, and the operating revenue of four companies, including Jiangsu Lopal Tech.Co.Ltd(603906) , Guangzhou Tinci Materials Technology Co.Ltd(002709) , Montage Technology Co.Ltd(688008) , Beijing Easpring Material Technology Co.Ltd(300073) , increased by more than twice year-on-year; In terms of net profit, 52 companies achieved a year-on-year increase in net profit in the first two months, Top Resource Conservation & Environment Corp(300332) , Tongwei Co.Ltd(600438) , Jiangsu Lopal Tech.Co.Ltd(603906) , Sichuan Hebang Biotechnology Co.Ltd(603077) net profit increased by more than 5 times year-on-year, showing excellent performance.
The reporter further combed and found that most of the companies that disclosed the business data in the first two months of this year were industry leading companies, including Kweichow Moutai Co.Ltd(600519) , Wuxi Apptec Co.Ltd(603259) , Ningbo Shanshan Co.Ltd(600884) , China Tourism Group Duty Free Corporation Limited(601888) , and other leading stocks, and handed over brilliant performance data one after another.
As a star stock in the A-share market, Kweichow Moutai Co.Ltd(600519) has attracted much attention from investors. On March 7, Kweichow Moutai Co.Ltd(600519) disclosed the monthly main business data for the first time. The announcement shows that from January to February 2022, the company achieved a total operating revenue of about 20.2 billion yuan, a year-on-year increase of 20%; The net profit attributable to shareholders of listed companies was about 10.2 billion yuan, a year-on-year increase of 20%.
The above-mentioned actions initially showed the effect of protecting the market. On March 8, Kweichow Moutai Co.Ltd(600519) share price rose by 2.71%. Subsequently, Shanxi Xinghuacun Fen Wine Factory Co.Ltd(600809) , Jiugui Liquor Co.Ltd(000799) , Jiangsu King'S Luck Brewery Joint-Stock Co.Ltd(603369) and other liquor enterprises also released operating data one after another. The operating revenue and net profit of these companies in the first two months increased year-on-year.
On March 9, the industry leading company Wuxi Apptec Co.Ltd(603259) released the main business data from January to February 2022. The announcement shows that from January to February 2022, the year-on-year growth rate of orders and sales revenue of the company exceeded 65%, a record high; It is estimated that the revenue in the first quarter of 2022 will increase by 65% - 68% year-on-year. Looking forward to the whole year, the company's revenue is expected to increase by 65% - 70% year-on-year. Stimulated by the good news, on March 10, Wuxi Apptec Co.Ltd(603259) soared by 9.41%. In addition, in the pharmaceutical and biological sector, companies including Hangzhou Tigermed Consulting Co.Ltd(300347) , Meinian Onehealth Healthcare Holdings Co.Ltd(002044) , Hubei Jumpcan Pharmaceutical Co.Ltd(600566) , Zhangzhou Pientzehuang Pharmaceutical Co.Ltd(600436) , etc. also issued performance growth announcements.
The monthly operating data of lithium battery leading stocks and tax-free leading stocks also performed well. Among them, the leader of lithium battery materials Ningbo Shanshan Co.Ltd(600884) achieved an operating revenue of about 3.214 billion yuan from January to February 2022, with a year-on-year increase of about 44%; The net profit attributable to listed companies was about 566 million yuan, a year-on-year increase of about 313%.
Tax exempt leader China Tourism Group Duty Free Corporation Limited(601888) achieved an operating revenue of about 13.1 billion yuan in the first two months of this year, with a year-on-year increase of 20%; The net profit attributable to the shareholders of the listed company was about 2.4 billion yuan, a year-on-year increase of 20%.
In this regard, Yang Delong, chief economist of Qianhai open source fund, said in an interview with the Securities Daily that recently, the share prices of many companies have continued to decline. Therefore, the major shareholders or executives of many listed companies stabilize the military by increasing and repurchasing the company's shares. Many listed companies also disclose monthly operating data to enhance market confidence. From a fundamental point of view, many companies have good operating performance, and the decline of stock prices in the early stage is largely affected by some emotions.
64 companies gather in five industries
From the perspective of industry distribution, the above 64 companies that disclosed the business data of the first two months mainly involve 20 Shenwan industries, among which the number of Companies in five major industries such as basic chemical industry, power equipment, medicine and biology, electronics and food and beverage ranks first, with the number of companies involved being 9, 8, 7, 7 and 6 respectively.
Deng Lijun, chief strategist of Northeast Securities Co.Ltd(000686) in an interview with Securities Daily, said:, "The companies that recently disclosed the main business data in the first two months basically focused on the high boom continuation and marginal improvement: first, the high boom continuation direction. In the pharmaceutical and biological industry, the centralized purchase of early market concerns has been implemented. In the aspect of traditional Chinese medicine, major industrial policies such as the guiding opinions on medical insurance supporting the inheritance, innovation and development of traditional Chinese medicine" And so on, the approval of new drugs has accelerated and the economy has improved; CXO direction continues to benefit from the rise of Chinese innovative drugs and the transfer of international order demand. At the same time, Pfizer covid-19 oral medicine has been approved in China recently, and some CXO enterprises are expected to benefit. In terms of power equipment, with the support of the 14th five year plan for building energy conservation and green building development, the installed capacity of wind power photovoltaic is expected to continue to increase rapidly. The sales of new energy vehicles in February still maintained a high increase of 180.5%, which also verified the industrial chain and benefited the relevant upstream material and battery manufacturers. In electronics, the short-term balance of supply and demand of semiconductors has not yet arrived, and the expansion of major wafer factories has accelerated, driving the prosperity of semiconductor equipment, materials and other fields is still high. Second, the margin has turned in a better direction. Mainly in the consumption sector, Baijiu boom is obviously warming, such as Kweichow Moutai Co.Ltd(600519) , Shanxi Xinghuacun Fen Wine Factory Co.Ltd(600809) and so on, to overcome the epidemic impact in the Spring Festival peak season, achieve good dynamic sales, and the revenue and profits are all above expectations, and the sector is expected to turn better.
Chen Li, chief economist of Chuancai securities and director of the Research Institute, told reporters, "the chemical industry sector has benefited from two aspects: first, many overseas factories have stopped production under the background of the epidemic, and the prices of chemical products are high; second, phosphorus chemical enterprises have actively transformed to new energy materials and achieved brilliant results."
"Leading companies disclose monthly operating data, and the industry fundamentals are still stable. At the same time, the overall adjustment of the industry is relatively sufficient, and the cost performance of leading stocks is obvious." Chen Li said, "in the past two years, due to the epidemic, the demand for medical equipment has surged. At the same time, vaccines and innovative drugs are regarded as the key forces to solve the epidemic problem. The biomedical sector has received extensive attention, and it is expected that this sector will still have a considerable performance this year."
For the Growth Logic of the electronic industry, Chen Li believes that the electronic sector is mainly semiconductor companies. With the gradual improvement of core technology, the localization demand of semiconductor track is growing. Chinese semiconductor enterprises are developing rapidly. In the future, with the continuous growth of chip demand in electric vehicles, consumer electronics and data center construction, it is expected that the semiconductor industry will still maintain a good development momentum.
For the Baijiu Baijiu subdivision of the food and beverage industry, Ma Cheng, chairman of the giant Ze investment, believes that the liquor sector's leading stock performance is more brilliant, which reflects the resilience of the Baijiu industry and the high certainty of its performance.
some leading stocks rose against the market
With a number of enterprises sending out "warm spring" signals with beautiful fundamental data, some leading stocks rose against the market.
Statistics show that among the above 64 stocks, 40 stocks outperformed the Shanghai stock index last week (March 7-march 11) (a cumulative decline of 4% during the period), accounting for more than 60%. Among them, National Silicon Industry Group Co.Ltd(688126) rose the most, reaching 9.61%, and six stocks including Jiugui Liquor Co.Ltd(000799) , tianyoude liquor, Yonghui Superstores Co.Ltd(601933) , Tongwei Co.Ltd(600438) , Tbea Co.Ltd(600089) , Beijing Huafeng Test & Control Technology Co.Ltd(688200) also rose more than 5% during the period, showing eye-catching performance.
Compared with historical data, the current A-share market valuation is attractive. The data show that up to now, the latest dynamic P / E ratio of Shanghai and Shenzhen 300 index is 12.57 times, lower than the level of 1664 points of Shanghai stock index in 2008; The latest P / E ratio of Shanghai stock index and Shanghai 50 index is also lower than that of Shanghai stock index at 1664 points.
Huaxin Securities believes that the steady growth policy continues to be implemented, and the recovery of PMI data in February has meant that the effect of policy hedging is obvious. At the same time, the expected target of GDP growth is set at 5.5%. The target setting of partial upper limit conveys a great determination to stabilize growth. Investment is expected to play a major role, and the GDP growth rate is likely to reach the bottom in the first quarter.
