Statistics show that as of March 29, a total of 130 A-share listed companies disclosed the first quarter performance forecast, and 114 were pre happy, with a pre happy proportion of 87.69%. In terms of industry, the performance growth of chemical, nonferrous metals, electrical, pharmaceutical and other industries ranks first. Among them, the performance of listed companies related to photovoltaic industry chain and new energy vehicle industry chain is excellent.
114 companies in advance
Among the above 114 listed companies, 44 increased slightly, 4 reversed losses, 4 continued profits and 62 increased in advance. The listed companies that have disclosed the performance forecast have maintained good performance growth as a whole.
In terms of net profit, 55 companies are expected to realize the lower limit of net profit attributable to shareholders of Listed Companies in the first quarter, 26 companies are expected to exceed RMB 300 million and 11 companies are expected to exceed RMB 1 billion Kweichow Moutai Co.Ltd(600519) , Tongwei Co.Ltd(600438) , China National Nuclear Power Co.Ltd(601985) , Tbea Co.Ltd(600089) , Shandong Hualu-Hengsheng Chemical Co.Ltd(600426) .
Among them, Kweichow Moutai Co.Ltd(600519) with the net profit attributable to the parent company of 16.6 billion yuan, is temporarily listed as the “pre profit king” of A-Shares in the first quarter. The announcement shows that since 2022, the sales momentum of the company’s products has improved, the market has shown a strong sales trend, and the company has successfully achieved “stable opening” and “good opening”. According to the company’s preliminary accounting, the company expects to achieve a total operating revenue of about 33.1 billion yuan in the first quarter, an increase of about 18% year-on-year; The net profit attributable to the shareholders of the listed company is expected to be about 16.6 billion yuan, with a year-on-year increase of about 19%.
In terms of growth rate, excluding companies that turn losses, 92 companies are expected to realize the lower limit of net profit growth attributable to shareholders of Listed Companies in the first quarter, 72 companies are expected to exceed 30% and 29 companies are expected to exceed 100% Sichuan Yahua Industrial Group Co.Ltd(002497) , Chengxin Lithium Group Co.Ltd(002240) , Guangdong Tonze Electric Co.Ltd(002759) , Do-Fluoride New Materials Co.Ltd(002407) , Zhejiang Provincial New Energy Investment Group Co.Ltd(600032) , Hangzhou Alltest Biotech Co.Ltd(688606) , Hangzhou Alltest Biotech Co.Ltd(688606) .
multi industry performance growth ranks first
In terms of industry, the performance growth of chemical, nonferrous metals, electrical, pharmaceutical and other industries ranks first.
Some leading stocks in subdivided industries said in the first quarter performance forecast that the downstream demand exceeded expectations during the reporting period, resulting in a significant increase in performance. This is particularly prominent among listed companies related to photovoltaic industry chain and new energy vehicle industry chain.
In terms of photovoltaic industry chain, Tongwei Co.Ltd(600438) expects to realize a net profit of 4.9 billion yuan to 5.2 billion yuan attributable to shareholders of Listed Companies in the first quarter, with a year-on-year increase of 478% to 514%; The net profit after deducting non recurring profit and loss is expected to increase by 503% to 541% year-on-year. The company said that the main reason for the performance change was that during the reporting period, the installed capacity of photovoltaic exceeded expectations, the demand for polysilicon products was strong, the market price rose year-on-year, the company’s new production capacity was effectively released, the output increased year-on-year, and the volume and profit increased in the first quarter.
In terms of the new energy vehicle industry chain, Sichuan Yahua Industrial Group Co.Ltd(002497) it is estimated that the net profit attributable to the shareholders of the listed company will reach RMB 900 million to RMB 1.2 billion in the first quarter, with a year-on-year increase of 105367% to 143822%. During the reporting period, the company’s civil explosive business continued to make progress while maintaining stability, and its 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 and increase sales. The sales volume of lithium salt products has gradually increased, and the profit of lithium business has increased significantly.
Chengxin Lithium Group Co.Ltd(002240) it is estimated that the net profit attributable to the shareholders of the listed company will reach RMB 900 million to RMB 1.1 billion in the first quarter, with a year-on-year increase of 765.24% to 957.52%. The company said that the main reason for the performance change was that during the reporting period, the new energy industry developed rapidly, the demand for lithium salt from downstream customers increased strongly, the price of lithium salt products continued to rise, and the profit of the company’s lithium salt business increased significantly compared with the same period of last year.
Guosen Securities Co.Ltd(002736) Research Report indicates that the annual compound growth rate of global power battery installed capacity is expected to reach 44% in the next four years, and the global lithium battery demand will reach 1786gwh in 2025.
