With the peak of annual report disclosure approaching, 24 companies can't wait to "spoiler" the operation of the first quarter of this year. According to the type of advance notice, 20 companies have disclosed their performance, accounting for 83.33%; Among them, Sichuan Yahua Industrial Group Co.Ltd(002497) it is expected that the net profit in the first quarter will increase by more than 10 times, leading other companies.
24 first quarter forecast Sichuan Yahua Industrial Group Co.Ltd(002497) forecast to increase by more than 10 times leading
With the peak of 2021 annual report disclosure of A-share listed companies approaching, many companies can't wait to release the operation of the first quarter of 2022. According to statistics, as of March 14, 24 companies have issued a quarterly report notice, including 20 pre hi companies, accounting for 83.33%. As for the type of performance forecast, there are 10 "pre increase", "slight increase" 7, "turnaround" 2 and "continued profit" 1.
From the perspective of the increase in the growth rate, the increase of the increase is seen from the increase of the increase in the increase of the increase in the increase of the increase in the increase of the Sichuan Yahua Industrial Group Co.Ltd(002497) 9companies including ( Zhejiang Shuanghuan Driveline Co.Ltd(002472) ) are expected to achieve the maximum increase of annual net profit of more than 100% in the first quarter of 2022. Among them, the largest increase in advance is Sichuan Yahua Industrial Group Co.Ltd(002497) .
According to the performance forecast released on Sichuan Yahua Industrial Group Co.Ltd(002497) 2 February 21, the company is expected to realize the attributable net profit of 900 million yuan to 1.2 billion yuan from January to March 2022, an increase of 105367% to 143822% year-on-year. For the first quarter performance "burst table", Sichuan Yahua Industrial Group Co.Ltd(002497) said that it was mainly because the company's civil explosive business continued to make progress while maintaining stability and the performance increased steadily; The demand of lithium industry continues to rise, and the price of lithium salt products continues to rise. The company seizes the opportunity to release production capacity, the sales volume of lithium salt products gradually increases, and the profit of lithium business increases significantly.
It is worth mentioning that the 2021 performance express disclosed by Sichuan Yahua Industrial Group Co.Ltd(002497) on the same day shows that the company achieved a revenue of 5.233 billion yuan in 2021, an increase of 60.99% year-on-year; The net profit attributable to the parent company was 925 million yuan, a year-on-year increase of 185.5%. From this point of view, the company made achievements in the past year in the first quarter. If split, the net profit in the fourth quarter of 2021 is 292 million yuan, and the company's performance in the first quarter of 2022 is 3-4 times that in the fourth quarter of 2021.
Public information shows that Sichuan Yahua Industrial Group Co.Ltd(002497) was listed in 2010, and "civil explosive business" and "lithium business" are the two main business segments of the company. Among them, the civil explosive business is the main revenue of the company, accounting for about 70% of the revenue for five consecutive years. However, the revenue contribution rate of lithium business is increasing year by year. In the first half of 2021, the revenue proportion of this business has increased from 20.73% in 2020 to 39.36%.
Among the 24 companies that have disclosed the performance forecast, Huashi Technology (301218) is the only one that has made a loss in advance. It is disclosed that Huashi technology is a high-tech enterprise committed to providing information system integration and technical services for smart city industry customers. It landed on the gem on March 7. The company expects to achieve an operating revenue of 40 million yuan to 70 million yuan from January to March 2022, with a year-on-year increase of 16.67% to 104.17%; The net profit was - 7 million yuan to - 1 million yuan, with a year-on-year change of - 9.74% to 84.32%.
According to the prospectus, in 2018, 2019, 2020 and 2021, Huashi technology achieved operating revenue of 290 million yuan, 410 million yuan, 468 million yuan and 524 million yuan respectively, and net profit of 26144300 yuan, 449143 million yuan, 523537 million yuan and 599976 million yuan respectively.
chemical industry companies take the lead in pre increase
In terms of industry (shenwanyi level), the 20 performance pre hi companies belong to basic chemical industry (3), power equipment (3, and one belongs to basic chemical industry according to CITIC industry), non-ferrous metals (2), medicine and Biology (2), automobile (2), electronics (2), mechanical equipment (2), commerce and retail, petroleum and petrochemical, household appliances, national defense and military industry. From this point of view, the performance of the first quarterly report of the basic chemical industry leads.
The reporter of investment express noted that in addition to Sichuan Yahua Industrial Group Co.Ltd(002497) , the first quarter report of the other two basic chemical companies is also expected to increase significantly. Among them, Do-Fluoride New Materials Co.Ltd(002407) ( Do-Fluoride New Materials Co.Ltd(002407) ) is expected to have a net profit of 70 million yuan to 730 million yuan from January to March 2022, with an increase of 650.55% to 682.72%. While Zhejiang Yongtai Technology Co .Ltd(002326) ( Zhejiang Yongtai Technology Co .Ltd(002326) ) is expected to have a net profit of 371795100 yuan to 422825800 yuan, with a year-on-year increase of 410.00% to 480.00%.
It is worth mentioning that the performance of these three companies increased significantly in the first quarter, which is related to the rapid development of new energy vehicle industry and the price rise of lithium battery industry chain Do-Fluoride New Materials Co.Ltd(002407) said that the net profit increased significantly compared with the same period of the previous year, mainly due to the strong market demand for lithium hexafluorophosphate, the core product of the company's new materials business segment. With the new production capacity gradually reaching the production capacity, the profitability increased significantly Zhejiang Yongtai Technology Co .Ltd(002326) said: "during the reporting period, the net profit attributable to the shareholders of the listed company increased significantly compared with the same period of last year, mainly due to the large year-on-year growth of the company's lithium battery materials business."
Since 2021, the prosperity of lithium industry has been continuously improved, new energy vehicles have developed rapidly, the demand for lithium products has continued to grow, and the price of lithium salt has continued to rise and hit a record high. According to the spot price of SMM, the price of battery grade lithium carbonate reached 499000 yuan / ton on March 9, nearly 10 times higher than the price of 50000 yuan / ton at the beginning of 2021 and nearly 1 times higher than the price of 250000 yuan / ton at the end of 2021. At the same time, the prices of spodumene concentrate, metal lithium and lithium hydroxide also rose across the board.
Analysts pointed out that due to the wide coverage of the sample, it is helpful to understand the general situation of relevant industries by integrating the performance forecast of the first quarterly report released by these industries. Brokerage analysts said that although the first quarter forecast that has been released is only the tip of the iceberg, it can still "catch a glimpse of the leopard". Generally speaking, the presence of multiple companies in the same industry and the forecast of performance growth at the same time is representative, indicating that the overall growth of this industry is quite good.
focus on high performance growth stocks
Recently, with the continuous development of the first quarter forecast, the market has strongly pursued profit growth stocks, and paid more attention to the companies that released the first quarter performance forecast.
The reporter of "investment express" noted that many companies had strong stock price performance after disclosing their performance expectations. Among them, Sichuan Yahua Industrial Group Co.Ltd(002497) since the disclosure of the first quarter performance forecast on February 22, the stock price has increased by 4.1% as of March 14. Over the same period, the Shanghai Composite Index, Shenzhen Composite Index and gem index rose by - 7.65%, - 10.45% and - 8.35% respectively.
Insiders said that although the performance in the first quarter does not represent the performance trend of the whole year, the performance prediction company often reflects the continuity of performance or the possibility of inflection point. Due to the natural safety that the performance mine has been removed in the next period of time, coupled with the attention of funds, the strong performance of the stock price is natural and reasonable.
Market participants interviewed by the reporter of investment express mentioned that with the increase of the disclosure of the first quarterly report, the market will turn to companies with good development prospects and expected performance of the first quarterly report. The first quarterly report market is expected to become the next round of potential hot spots. Companies with good performance expectations may develop a wave of market. At present, it is a good time for layout. However, the pre increase of performance can be used as an investment clue. Whether the bull stocks can be selected finally depends on other conditions.
"Judging from the performance of individual stocks during the period of publishing financial statements in the past, the trend of most pre added stocks is stronger than the overall trend of the market, but a small number of pre added stocks have continued to decline after publishing good results. This shows that pre added stocks also have risks. Even if the performance increases significantly, it does not mean that the share price will increase significantly." The above market participants said. The growth of performance has a certain support for the stock price, but the two are not completely related. The trend of stock price also depends on the influence of many factors.
In the latent performance market, we should focus on the companies with high growth in the first quarter. "For the standard of high growth, we should first see whether the performance forecast has a high growth year-on-year; secondly, whether the net profit in the first quarter has a high growth month on month. The real" high growth "is only when these two points are in line, otherwise it may be mixed with water. On this basis, the layout is carried out from the following three aspects: 1 Select stocks with high prosperity of beneficiary products, rising prices and other high-speed growth of main businesses. 2. Select industry stocks supported by policies. 3. Select stocks with small performance growth sector.
Performance forecast of 24 companies in the first quarter
