E-cigarette heavyweight documents are released, the sector is expected to grow steadily, and smart funds are added to many stocks.
Yesterday, the website of the State Administration of tobacco released the guiding opinions on the layout and license management of e-cigarette retail outlets.
According to the provisions of the measures for the administration of electronic cigarettes, those engaged in the production and operation of electronic cigarette products, atomized substances, nicotine for electronic cigarettes and other activities shall obtain the production enterprise license, which can be divided into three categories: production enterprise license (electronic cigarette products), production enterprise license (atomized substances) and production enterprise license (nicotine for electronic cigarettes).
The measures for the administration of electronic cigarettes stipulates that enterprises engaged in the production and operation of heating cigarette sets, agent processing and brand holding enterprises shall obtain the license of production enterprises.
When applying for a production enterprise license, an electronic cigarette related production enterprise shall meet the following conditions:
\u3000\u30001. Having funds suitable for production;
\u3000\u30002. Technical and equipment conditions required for production;
\u3000\u30003. Meet the requirements of national e-cigarette industry policies;
\u3000\u30004. Other conditions prescribed by the Department of tobacco monopoly administration under the State Council.
According to the opinions, in addition to the circumstances in the existing laws, regulations, rules and normative documents such as the measures for the administration of tobacco monopoly licenses that do not grant tobacco monopoly retail licenses, the circumstances that do not grant e-cigarette retail licenses also include:
\u3000\u30001. Those who have been subject to administrative punishment for less than three years for selling e-cigarettes to minors or selling e-cigarettes through information networks;
\u3000\u30002. Less than three years of administrative punishment for selling illegally produced e-cigarettes or not trading on the national unified e-cigarette trading management platform as required;
\u3000\u30003. Business premises that are easy to induce minors to pay attention to, buy and smoke e-cigarettes;
\u3000\u30004. Types of business forms with no direct or indirect complementary marketing relationship between the main business and e-cigarette retail business;
\u3000\u30005. Exclusive operation of electronic cigarette products on the market;
\u3000\u30006. There are dishonest acts such as false materials in the submitted information for less than one year.
In fact, the e-cigarette industry is accelerating from barbaric growth to formal. On April 12, the State Administration of market supervision (the National Standardization Administration) approved the compulsory national standard of electronic cigarette, which will be implemented from October 1, 2022.
From the perspective of industry analysts, the approval of the compulsory national standard will fill the gap in the industry and end the production stage without national standard in China’s e-cigarette industry for a long time, which is of great significance to the healthy development of the industry. It also has a positive effect on clearing out small enterprises and workshops in the e-cigarette industry and eliminating unlicensed production enterprises of small brands.
Galaxy Securities believes that e-cigarettes will continue to replace traditional cigarettes by virtue of their harm reduction properties. At present, there is still much room for improvement in penetration, and it is expected to maintain rapid growth in the future regulatory policies will impact the industry in the short term, but in the medium and long term, standardized development will promote industry concentration and realize steady expansion
e-cigarette concept stocks with outstanding performance
According to the statistics of securities times · databao, there are more than 30 listed companies in the A-share e-cigarette business, with the largest total market value of “LiMao” Eve Energy Co.Ltd(300014) , with the latest total market value of 135384 billion yuan. The company is a supplier of electronic cigarette batteries. According to public information, as early as 2012, Eve Energy Co.Ltd(300014) entered the electronic cigarette battery market. Up to now, more than 50% of the global electronic cigarette batteries come from Eve Energy Co.Ltd(300014) .
In 2014, Eve Energy Co.Ltd(300014) purchased 50.1% of the equity of Maxwell (Smallville International) for a cash consideration of 439 million yuan. After several transfers, Eve Energy Co.Ltd(300014) and its affiliated companies held 32.42% of the shares and became the second largest shareholder of Smallville international.
At present, 20 e-cigarette concept stocks have issued annual report or performance forecast for 2021. According to the lower limit of annual report or forecast data, Eve Energy Co.Ltd(300014) , Universal Scientific Industrial(Shanghai)Co.Ltd(601231) , Shenzhen Jinjia Group Co.Ltd(002191) , Huabao Flavours & Fragrances Co.Ltd(300741) , the net profit attributable to the parent in 2021 ranks first, all exceeding 1 billion yuan.
The 2021 performance of Kunshan Kersen Science & Technology Co.Ltd(603626) Fine Made Microelectronics Group Co.Ltd(300671) Guangzhou Great Power Energy&Technology Co.Ltd(300438) Guangzhou Great Power Energy&Technology Co.Ltd(300438) Shandong Jincheng Pharmaceutical Group Co.Ltd(300233) 23456 achieved a double growth year-on-year, and the net profit attributable to the parent company exceeded 100% year-on-year.
Anhui Genuine New Materials Co.Ltd(603429) has released the performance forecast for the first quarter of this year ahead of others. The company’s performance has increased slightly. It is predicted that the net profit in the first quarter will be about 35 million yuan, an increase of 11.26%, and the cigarette label revenue in the first quarter of this year will increase compared with the same period of the previous year.
According to the statistics of databao, since this week, 12 e-cigarette concept stocks have obtained the increased position of northbound funds, and the net purchase amount of northbound funds of Eve Energy Co.Ltd(300014) , Fine Made Microelectronics Group Co.Ltd(300671) , Sunwoda Electronic Co.Ltd(300207) , Lianchuang Electronic Technology Co.Ltd(002036) .
49 shares face lifting
49 shares will be lifted next week, with a total market value of 61.348 billion yuan calculated according to the latest closing price.
Sichuan Teway Food Group Co.Ltd(603317) has the largest lifting market value. 569 million shares will be listed and circulated next week, mainly the restricted shares of the original shareholders, with a lifting market value of 9.78 billion yuan. In addition, Hangzhou Lion Electronics Co.Ltd(605358) , Dongxing Securities Corporation Limited(601198) , Anhui Huaheng Biotechnology Co.Ltd(688639) , Red Star Macalline Group Corporation Ltd(601828) .
Shaoyang Victor Hydraulics Co.Ltd(301079) , Beijing Tongyizhong New Material Technology Corporation(688722) , Beijing Fjr Optoelectronic Technology Co.Ltd(688272) , Wedge Industrial Co.Ltd(000534) , the lifting pressure is small, and the lifting market value is less than 100 million yuan.
In terms of the proportion of the number of banned shares in the total share capital, Sichuan Teway Food Group Co.Ltd(603317) , Ningbo Sunrise Elc Technology Co.Ltd(002937) , the proportion of banned shares is more than 50%.
According to the statistics of data treasure, the shares of the 49 stocks that will be lifted next week have fallen by an average of 9.87% since April, outperforming the Shanghai index.
Shandong Bailong Chuangyuan Bio-Tech Co.Ltd(605016) ‘s share price has risen by 6.31% since April, taking the lead. According to the first quarter express released by the company, in the first quarter of 2022, the company achieved a total operating revenue of 198 million yuan, a year-on-year increase of 47.92%; The net profit attributable to the parent company was 407293 million yuan, a year-on-year increase of 133.38%.
Saturday Co.Ltd(002291) , Beijing Fjr Optoelectronic Technology Co.Ltd(688272) , Sungrow Power Supply Co.Ltd(300274) , Fujian Wanchen Biotechnology Co.Ltd(300972) .
At present, 42 shares have issued the annual report or forecast of 2021. According to the lower limit of the forecast or the annual report, Red Star Macalline Group Corporation Ltd(601828) has the highest profit. The company’s total operating revenue in 2021 was 15.513 billion yuan, an increase of 8.97% year-on-year, and the net profit attributable to the parent company was 2.047 billion yuan, an increase of 18.31% year-on-year.
The 2021 performance of Shanxi Road&Bridge Co.Ltd(000755) , Wuhan Hiteck Biological Pharma Co.Ltd(300683) , Hangzhou Lion Electronics Co.Ltd(605358) , Shinry Technologies Co.Ltd(300745) , Xi’An Qujiang Cultural Tourism Co.Ltd(600706) .
