Since April, the first quarter performance forecast of A-share listed companies has been released one after another. As of the press release on April 6, at present, 187 listed companies in the A-share market have issued performance forecasts for the first quarter, with a pre happy rate of more than 90%. The performance of listed companies on the science and innovation board is still eye-catching, and the strength of "hard core" is outstanding. In terms of industry, the prosperity of mechanical equipment, electronics, chemical industry, medicine and other industries is high, especially the enterprises related to lithium battery materials and semiconductor industry chain, which benefit from the continuous high industry outlook and high performance growth.
187 enterprises exceeded 90% in the first quarter
After the first quarterly report of A-Shares - Anhui Zhonghuan Environmental Protection Technology Co.Ltd(300692) 2022, there was a good report on the performance of A-share listed companies. On April 6, Bece Legend Group Co.Ltd(000803) released the performance forecast for the first quarter of 2022. The company expects a net profit of 40 million yuan to 45 million yuan in the first quarter of 2022, an increase of 296.88% to 346.49% over the same period of the previous year.
According to the data, as of the press release of the reporter on the 6th, 187 listed companies in the A-share market have issued performance forecasts for the first quarter, of which 171 companies are expected to be pleased with their performance (including 103 pre increase, 59 slight increase, 4 continuous profit and 5 turnaround), accounting for more than 90%.
From the perspective of net profit growth rate, 47 companies expect the lower limit of net profit growth to exceed 100%, accounting for about 25% Zhejiang Damon Technology Co.Ltd(688360) and Sichuan Yahua Industrial Group Co.Ltd(002497) are expected to increase their net profit by more than 1000%. Among them, the Zhejiang Damon Technology Co.Ltd(688360) estimated that the net profit of the company in the first quarter of 2022 will be about 10.34 million yuan to 14.48 million yuan, with a year-on-year increase of 342605% to 483645% Sichuan Yahua Industrial Group Co.Ltd(002497) it is estimated that the net profit of the company in the first quarter of this year will be about 900 million yuan to 1.2 billion yuan, with a year-on-year increase of 105367% to 143822%.
From the perspective of net profit limit, the lower limit of predicted net profit of 17 companies exceeded 1 billion yuan, and the lower limit of predicted net profit of 86 companies exceeded 100 million yuan, accounting for nearly half Both Cosco Shipping Holdings Co.Ltd(601919) and Kweichow Moutai Co.Ltd(600519) are expected to have a net profit of more than 10 billion yuan in the first quarter, and Cosco Shipping Holdings Co.Ltd(601919) is expected to have a net profit of about 27.6 billion yuan in the first quarter, an increase of 78.6% year-on-year Kweichow Moutai Co.Ltd(600519) it is estimated that the net profit in the first quarter is about 16.6 billion yuan, an increase of 19% year-on-year.
It is worth noting that the performance of the science and innovation board in the first quarter was eye-catching. According to the data, at present, 33 listed companies on the science and innovation board have released the first quarter forecast, of which 26 have pre happy performance, accounting for nearly 80%. Among them, 11 companies expect the upper limit of net profit growth rate to exceed 100%, and science and Innovation Board Company Zhejiang Damon Technology Co.Ltd(688360) ranks first in the performance growth of A-share market with an expected net profit growth rate of 34 to 48 times.
lithium battery has outstanding performance and is expected to grow rapidly in many fields
In terms of specific industries, the boom of mechanical equipment, electronics, chemical industry, medicine and other industries is high, and listed companies with promising performance and high growth are clustered. From the perspective of specific sectors and industrial chain, lithium battery materials and semiconductor industry chain have outstanding performance.
Benefiting from the continuous high popularity of the new energy industry, the lithium battery material product market is in strong demand, the industrial chain performance is high, and enterprises gather. For example, Sichuan Yahua Industrial Group Co.Ltd(002497) said that the main reasons for the significant growth of the company's performance in the first quarter of 2022 compared with the same period of the previous year included the rising demand of the lithium industry and the rising price of lithium salt products. The company seized the opportunity to release production capacity and increase sales. The sales volume of lithium salt products gradually increased and the profit of lithium business increased significantly. Chengxin Lithium Group Co.Ltd(002240) said 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 lithium salt business of the company increased significantly compared with the same period of last year. In addition, there are Zhejiang Yongtai Technology Co .Ltd(002326) , Tibet Mineral Development Co.Ltd(000762) , Hunan Changyuan Lico Co.Ltd(688779) , Miracle Automation Engineering Co.Ltd(002009) and so on, which have achieved significant performance growth.
China Securities Co.Ltd(601066) communication team Yan Guicheng and Wu chaoze said that with the coming of the first quarterly report disclosure month, the market is expected to rebound around individual stocks with good performance. Looking back from the first quarterly report, the current performance also reflects several industrial boom trends: first, high-end manufacturing obviously follows its own industrial cycle, and the performance of demand side and quantity side is actually stronger than expected; Second, the prices of upstream resource products and raw materials remained high in the first quarter, slightly exceeding expectations. Under the background of low supply and demand elasticity, the decline of inventory will be significantly delayed; Third, service consumption shows a certain recovery elasticity, and the recovery of consumption from the second quarter is still worth looking forward to; Fourth, the emergence of intelligent and digital economy has taken the lead in automobile, power grid, home intelligence and tog localization, or it is an unexpected growth direction that can be followed up and suitable for bottom-up mining.
Haitong Securities Company Limited(600837) Xun Yugen and others also believe that the current disclosure rate of the first quarterly report of the A-share market is not high, but on the whole, the profits of resource products and advanced manufacturing sector in the first quarter of 2022 are expected to continue the high growth trend. With the help of important high-frequency data of the industry, some subdivided fields, such as upstream resource products industry, express industry, photovoltaic and new energy vehicle industry chain, resource recovery related sectors, supermarket sales and digital economy related fields, are expected to achieve high growth or show a good trend in the first quarter.
Everbright Securities Company Limited(601788) the analysis said that the first quarter report may become a watershed in the market. The market may have a relatively positive performance in April. On the one hand, quarterly results are still the supporting factor of the market. On the other hand, policies and other factors will also promote the repair of risk appetite. However, after the first quarterly report, the market may face some downward pressure. Under the downward pressure of profits, it is difficult for the market to have a positive performance, and the inflection point may not appear until the bottom is built.
