The repurchase of A-Shares increased significantly in March.
since 3, the repurchase strength of listed companies has increased significantly
Since March, A-Shares have been greatly adjusted due to multiple factors. With the convening of the meeting of the financial committee of the State Council and the continuous release of stability signals at the policy level, the market stopped falling and stabilized. At the same time, the repurchase of listed companies and the protection of fund self purchase tide have continuously injected confidence into the market.
Recently, several companies including Foxconn Industrial Internet Co.Ltd(601138) , Tcl Technology Group Corporation(000100) , Ja Solar Technology Co.Ltd(002459) , Guangzhou Tinci Materials Technology Co.Ltd(002709) and others have successively announced the repurchase plan or repurchase implementation progress, injecting confidence into the market with real gold and silver Foxconn Industrial Internet Co.Ltd(601138) announcement indicates that it is planned to accelerate the repurchase of the company’s shares by means of centralized bidding transaction in the next three months. It is expected that the repurchase amount will not be less than 500 million yuan, and the cumulative total repurchase amount will not be less than 800 million yuan.
According to the statistics of securities times · databao, 180 listed companies implemented equity repurchase in 3 months, with a total repurchase amount of 7.923 billion yuan both the number of Listed Companies Implementing repurchase and the overall repurchase amount exceeded that of the previous two months. The total repurchase amount from January to February was 12.696 billion yuan. The repurchase amount in March exceeded 60% of the repurchase amount in the previous two months, and the repurchase intensity increased significantly.
Since March, the repurchase amount of 20 listed companies has exceeded 100 million yuan, with S.F.Holding Co.Ltd(002352) taking the lead with the repurchase amount of 1.007 billion yuan. However, the market has stabilized recently, and the S.F.Holding Co.Ltd(002352) share price is still “falling”, closing down 2.5% today, with the latest price of 46.02 yuan, the lowest since June 2020. Recently, a number of express delivery enterprises released operating data in February. The business volume of Yunda, Yuantong and Shentong increased by more than 70% in February, of which the business volume of Yuantong increased by 82.83% year-on-year. In contrast, the business volume and revenue of SF fell by 8.33% year-on-year.
Except for S.F.Holding Co.Ltd(002352) , the repurchase amount of Saic Motor Corporation Limited(600104) , Shenzhen Goodix Technology Co.Ltd(603160) , Shanghai Electric Group Company Limited(601727) , 360 Security Technology Inc(601360) ranked first, all exceeding 300 million yuan.
Since March, the share prices of 180 listed companies that have implemented equity repurchase have fallen by an average of 7.45%, slightly underperforming the market. Only six of them, including Zhejiang Dayang Biotech Group Co.Ltd(003017) , Jiangxi Fushine Pharmaceutical Co.Ltd(300497) , Porton Pharma Solutions Ltd(300363) , Tangrenshen Group Co.Ltd(002567) and Zhejiang Dayang Biotech Group Co.Ltd(003017) rose by 22.89% in total, taking the lead. In contrast, there were 9 companies whose share prices fell by more than 20%, and the share prices of Beijing Zznode Technologies Co.Ltd(003007) and Chow Tai Seng Jewellery Company Limited(002867) fell by more than 27%.
There are many outstanding stocks in these listed companies that implement equity repurchase. According to the statistics of databao, according to the median data of the annual report and forecast, 24 of the 180 listed companies made profits and doubled their net profits in 2021 Jiangxi Special Electric Motor Co.Ltd(002176) , Shenzhen Salubris Pharmaceuticals Co.Ltd(002294) , Boai Nky Medical Holdings Ltd(300109) , Tecnon (Fujian) Commercial Lighting Co.Ltd(300650) , Vantone Neo Development Group Co.Ltd(600246) .
