The industrial Internet leader invested heavily in financial products. At present, what are the financial returns of A-share listed companies that have disclosed their annual reports in 2021?
industrial Internet leader haotou 2.4 times net profit investment financial products
Financial management of listed companies has always been a topic of concern in the market. Yesterday, Foxconn Industrial Internet Co.Ltd(601138) disclosed that the board of directors of the company agreed that the company and its subsidiaries should use the maximum amount of no more than 47.6 billion yuan of idle self owned funds to invest in financial products and structured deposits with high security, good liquidity, medium and short term (no more than one year) and breakeven issued by financial institutions such as banks and bank financial management subsidiaries. Within the above limit, the funds can be used in a rolling manner.
Foxconn Industrial Internet Co.Ltd(601138) said that under the condition of ensuring the working capital required by the company’s normal operation, the company’s purchase of financial products and structural deposits with idle own funds will not affect the company’s daily capital turnover needs, will not affect the normal development of the company’s main business, and will be conducive to improving the efficiency of capital use and increasing the company’s income.
According to the data of the 2021 annual report released by the company at the same time yesterday, the company achieved an annual operating revenue of 439557 billion yuan, a year-on-year increase of 1.80%; The net profit attributable to the parent company was 20.01 billion yuan, a year-on-year increase of 14.80%, and the revenue and profit reached a record high. In the case of rising production costs such as raw materials and logistics, the overall gross profit margin has also increased steadily. The 47.6 billion yuan used for financial management this time is equivalent to 2.4 times of the company’s annual net profit last year.
It is worth mentioning that the return of Foxconn Industrial Internet Co.Ltd(601138) shareholders continued to improve, and the basic EPS increased by 14.77% to 1.01 yuan year-on-year Foxconn Industrial Internet Co.Ltd(601138) plans to distribute cash dividends of 5 yuan (including tax) to all shareholders for every 10 shares, with a total dividend of nearly 10 billion yuan, doubling year-on-year.
structured deposits are still the most popular with listed companies
Generally speaking, the purchase of financial products by listed companies can improve the efficiency of the use of funds, make rational use of idle funds, and increase the company’s income on the other hand.
According to the statistics of securities times · databao, since this year, 696 listed companies in A-Shares have announced the purchase of financial products, with a total subscription amount of 242467 billion yuan, a decrease of 53.915 billion yuan compared with the same period last year.
The subscription amount of Citic Securities Company Limited(600030) is the largest. The amount of financial products purchased since 2022 has reached 8 billion yuan. The announcement shows that all 8 billion yuan of Citic Securities Company Limited(600030) has purchased the time deposits issued by Hua Xia Bank Co.Limited(600015) issued The subscription amount of Jiangsu Guotai International Group Co.Ltd(002091) , Aecc Aviation Power Co Ltd(600893) exceeds 6 billion yuan.
From the perspective of the types of financial products purchased by listed companies, structured deposits are still the most favored by listed companies, with 544 listed companies subscribing, with a total subscription amount of more than 160 billion yuan. Structured deposits are generally principal guaranteed but not interest guaranteed, and their earnings have a floating range, such as 2% to 4%. If the relevant conditions are met, they will get the upper limit yield of 4%, which is higher than the time deposit interest rate in the same period. Therefore, they are welcomed by many listed companies.
The subscription heat of securities company products has increased, but it still does not exceed that of bank financial products. Since this year, a total of 121 listed companies have subscribed for financial products of securities companies, with a subscription amount of 16.412 billion yuan. In the same period last year, only about 40 of the 121 companies subscribed for financial products of securities companies.
In comparison, the subscription scale of structured deposits, bank financial products and securities company products has shrunk compared with the same period last year, but the subscription scale of securities company products has shrunk significantly less than the other two. Since this year, the subscription amount of bank financial products has been 28.445 billion yuan, down 41% from 48.021 billion yuan in the same period last year.
7 shares investment loss exceeding 100 million yuan
Financial management has always been profitable. How about the financial management income of listed companies last year? According to the statistics of data treasure, from the A shares that have disclosed the annual report, up to now, 321 listed companies have recorded positive net investment income in 2021, of which 15 listed companies have a net investment income of more than 1 billion yuan Ping An Insurance (Group) Company Of China Ltd(601318) ‘s net investment income ranks first, reaching 103378 billion yuan.
In contrast, more than 70 listed companies have negative net investment returns in 2021. According to the statistics of data treasure, the investment loss of seven shares exceeded 100 million yuan, and the investment losses of Shandong Yabo Technology Co.Ltd(002323) , Minmetals Development Co.Ltd(600058) , Offshore Oil Engineering Co.Ltd(600583) and Offshore Oil Engineering Co.Ltd(600583) were 848 million yuan, 405 million yuan and 386 million yuan respectively. However, the investment loss does not mean that the company’s fundamentals will be greatly affected to some extent. Among the seven investment loss stocks, the performance of many stocks in 2021 is quite bright.
