The disclosure of annual reports of listed companies is in full swing. Under the condition that the market as a whole is undervalued, institutions not only continue to look for investment opportunities in the annual report quarter, but also focus on the direction where there may be high growth opportunities in the first quarter.
According to the data, as of March 22, among the A-share listed companies in Beijing stock exchange, 52 had released the performance forecast of the first quarter of 2022 or disclosed the performance of the first quarter in relevant announcements. The net profit of 46 companies increased compared with the same period of the previous year, which were more intensively distributed in computer, chemistry, software information and other industries.
From the perspective of investment, opportunities in subdivided fields such as semiconductors are favored by institutions, p align = "center" first quarterly report
Last night, the chemical production enterprise Zhejiang Xinan Chemical Indusyrial Group Co.Ltd(600596) issued an announcement on the pre increase of performance in the first quarter of 2022. The company expects the net profit attributable to the parent company to increase by 313% to 349% compared with the same period of last year. On the 22nd, Zhejiang Xinan Chemical Indusyrial Group Co.Ltd(600596) shares opened higher, rising more than 6% during the session and more than 11% since the beginning of the year.
Image source: wind
The company's performance in the first quarter of 2022 is expected to continue to increase in the near future. According to wind data, as of March 22, 52 A-share listed companies have disclosed the performance forecast or operation of the first quarter, and as many as 46 companies have increased their net profit, reversed their losses year-on-year or reduced their losses. Based on the lower limit of net profit growth, there were 15 companies whose net profit increased by more than 100% year-on-year in the first quarter of this year.
The forecast of Sichuan Yahua Industrial Group Co.Ltd(002497) performance of lithium salt supplier shows that its net profit attributable to the parent company in the first quarter is expected to exceed the level of the whole year of last year. The performance is expected to range from 900 million yuan to 1.2 billion yuan, with a year-on-year increase of 105367% to 143822%, far ahead of the above 46 companies.
In addition to the performance forecast of the first quarter, a number of listed companies have recently released the operating data of the first two months. In the view of insiders, this is a good fundamental observation index, and the varieties that are expected to exceed the expectation in the first quarter are worthy of attention.
China Securities Co.Ltd(601066) Securities said that since 2015, the market performance has been strong before and after the centralized disclosure period of the first quarterly report, that is, from late March to early April. At the same time, there is a certain positive correlation between the growth rate of the first quarter report and the range of rise and fallP align = "center" looking for performance certainty
Which sectors or segments are more likely to have targets with performance exceeding expectations?
For the 46 companies whose net profit increased in advance in the first quarter of 2022, from the perspective of the industry of the CSRC, there are 6 companies in the chemical raw materials and chemical products manufacturing industry and computer, communication and other electronic equipment manufacturing industry; There are 5 companies in the software and information technology industry; There are four companies in the pharmaceutical manufacturing industry and the electrical machinery and equipment manufacturing industry.
Anxin securities expects that the performance of the first quarter of 2022 may continue to exceed expectations, including lithium, shipping, non-ferrous metals (nickel, cobalt, gold, etc.), fuel cells, semiconductor equipment, nuclear power, fluorine chemical industry, potassium fertilizer, discrete devices, gold, power coal, etc; The subdivision directions that may reverse the performance in the first quarter include trade, express delivery, comprehensive energy equipment, cloud infrastructure services, meat products, lifting and transportation equipment, lighting electricians, etc. It is suggested that investors look for the direction of performance certainty in the low position.
It seems that the quarterly interest rate increase meeting of the Federal Reserve will be held in the middle of the month, as well as the quarterly interest rate increase meeting. It is suggested to pay attention to the semiconductor, photovoltaic wind power, energy storage, automotive intelligence and other tracks that benefit from the booming downstream demand and large long-term space.
As for the computers with more companies with expected performance in the first quarter, but the sector has continued to callback since July 2020, Orient Securities Company Limited(600958) believes that its sector valuation has a good margin of safety and a certain upward space. The stabilization of the peripheral market and the subsequent policy expectation of the digital economy are expected to provide impetus for the upward movement of the sector. The head companies and the targets with better performance expectation in the first quarter should be preferred.
