In 2022, the global shipping demand will continue to grow; The net outflow of the main force was less than 100 billion a week, adding weight to the cyclical sector.
first quarter performance increased again
shipping sector rose 5% today
On April 1, the three major indexes of a rose collectively. The port shipping sector rose sharply, closing up 5.32%. Among concept stocks, Jiangsu Lianyungang Port Co.Ltd(601008) , Shanghai International Port (Group) Co.Ltd(600018) , Chongqing port, Cosco Shipping Holdings Co.Ltd(601919) , Nanjing Shenghang Shipping Co.Ltd(001205) and other stocks rose by the limit.
On the news front, yesterday, Shanghai International Port (Group) Co.Ltd(600018) and Cosco Shipping Holdings Co.Ltd(601919) two leading port shipping sector successively issued the announcement of performance pre increase in the first quarter of 2022, and the net profits of the two companies increased significantly year-on-year during the reporting period, which boosted the market today.
Shanghai International Port (Group) Co.Ltd(600018) announcement shows that the parent company’s net profit in the first quarter is expected to be about 5.18 billion yuan, an increase of 75.6% year-on-year. In the first quarter, the cargo throughput and container throughput of the company’s home port increased significantly, and the profit contribution of the main business of the port increased; At the same time, the relevant shipping companies that hold shares and participate in shares are expected to have a substantial increase in profits.
Cosco Shipping Holdings Co.Ltd(601919) in the same period, the net profit attributable to the parent company was about 27.6 billion yuan, a year-on-year increase of 78.6%. The company’s performance increase is mainly due to overcoming the global epidemic, shortage of transportation capacity and other factors to ensure the stability of customer supply chain and smooth Global trade. In addition, Cosco Shipping Holdings Co.Ltd(601919) profit distribution is also fierce. The company plans to pay out 0.87 yuan (including tax) per share, totaling 13.932 billion yuan, accounting for 15.6% of the net profit. Based on the average transaction price in 2021, the dividend yield is 4.61%.
Another concept stock that releases performance forecast is Qingdao Port International Co.Ltd(601298) . The company’s main business grew steadily through market development in the first quarter, and the net profit attributable to the parent company is expected to be about 1.17 billion yuan, a year-on-year increase of 7.31%.
US Senate passes maritime reform act
2022 the global demand for sea transportation will remain strong
Overseas news overweight. The US Senate unanimously passed a bill to improve the regulation of ocean transportation on Thursday. The maritime reform act, proposed by senators John Thune and Amy Klobuchar, will strengthen the investigation power of the Federal Maritime Commission (FMC) and improve the transparency of industry practice.
It is reported that the bill will prohibit shipping companies from unreasonably reducing export opportunities, and FMC will formulate new rules for this purpose. It will also require maritime common carriers to report to FMC the “total import and export tonnage” at U.S. ports on a quarterly basis. At the same time, it will allow FMC to start investigating the commercial behavior of maritime common carriers and implement law enforcement measures.
According to the data of the Ministry of transport, from January to February, China’s port cargo and container throughput maintained growth; The cargo throughput of ports across the country was 2.358 billion tons, a year-on-year increase of 2.7%; The container throughput was 43.6 million TEU, a year-on-year increase of 2.9%.
The global dry bulk shipping volume will maintain growth, but the growth rate will slow down. The third-party organization predicts that the global dry bulk shipping trade volume will be 5.46 billion tons in 2022, with a year-on-year increase of 1.6%. The global demand for container shipping will remain strong on the whole. The World Trade Organization (WTO) predicts that the volume of global commodity trade will grow by 4.7% this year. Many Chinese and foreign institutions and shipping enterprises predict that the growth rate of international container shipping demand will be 4-6% in 2022.
According to the statistics of databao, there are 24 concept stocks with year-on-year increase in net profit in 2021 Chang Jiang Shipping Group Phoenix Co.Ltd(000520) , Cosco Shipping Holdings Co.Ltd(601919) net profit increased the most, both around 800%; In addition, the net profit of Cosco Shipping Development Company Limited(601866) , Shanghai Zhonggu Logistics Co.Ltd(603565) and other four shares doubled. In terms of valuation, the port and shipping sector was valued at 6.41 times on April 1, and the latest rolling P / E ratios of Antong Holdings Co.Ltd(600179) , Cosco Shipping Holdings Co.Ltd(601919) were lower than this value, 6.15 times and 3.06 times respectively.
In terms of funds, as of March 31, leveraged funds increased positions in recent 10 days Qingdao Port International Co.Ltd(601298) , Ningbo Marine Company Limited(600798) , and the financing balance of two shares increased by more than 11%; During the same period, northbound capital increased its holdings of Liaoning Port Co.Ltd(601880) and Cosco Shipping Development Company Limited(601866) , with positions increased by more than 14%.
one week net outflow of main force less than 100 billion
return to cyclical sectors such as finance and real estate
According to data treasure statistics, from March 28 to April 1, the main net outflow of A-Shares was less than 100 billion, amounting to 87.688 billion yuan. Divided by Shenwan level industries, banks, real estate and non bank finance have received the main net inflow, with the amount of more than 2.9 billion yuan; Household appliances, transportation and social services have also won the favor of the main force. Other industries showed a net outflow trend. The amount of pharmaceutical and biological products topped the list, exceeding 20 billion yuan; E-commerce reached 10.5 billion yuan; Since then, the net outflow of nonferrous metals, basic chemicals and power equipment has exceeded 9 billion yuan.
Excluding the new shares listed in recent January, the net outflow of seven main shares exceeded 1 billion yuan, and many shares in nonferrous metals, medicine and biology, basic chemical industry and electronics entered the top 20 list. Among them, three shares of nonferrous metal sector – China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) , Tianqi Lithium Corporation(002466) and Chengxin Lithium Group Co.Ltd(002240) were sold by the main force for more than 1 billion yuan. It is worth noting that pharmaceutical stocks Guizhou Bailing Group Pharmaceutical Co.Ltd(002424) still recorded an increase of 19.79% against the background of the main force fleeing 700 million yuan. Affected by the favorable policies of the “14th five year plan” for the development of traditional Chinese medicine, the company reaped five boards. However, the stock plunged yesterday and fell back to 0% from the closed board. Today, it fell directly to the limit at the opening, mostly speculation by hot money. Within the same sector, China Meheco Group Co.Ltd(600056) closed up 4.1% in the week.
In terms of net inflow, the trend of main overweight of leading stocks in various industries was obvious this week, among which China Vanke Co.Ltd(000002) , China stock market news two stocks gained more than 1 billion yuan of main overweight. Under the capital injection, many leading stocks had a good trend in a week At the same time, it could be seen from the35 \morethan 10%.
