Nantong Jiangshan Agrochemical & Chemicals Co.Ltd(600389) the net profit in 2021 is expected to increase by 132.88% ~ 158.26%

Nantong Jiangshan Agrochemical & Chemicals Co.Ltd(600389) (600389) on January 10, the announcement of performance increase in 2021 was issued. It is estimated that the net profit will be 780 million yuan ~ 865 million yuan, with a year-on-year increase of 132.88% ~ 158.26%.

Reasons for performance change: the net profit attributable to the shareholders of the listed company in the reporting period increased significantly compared with the same period of the previous year, mainly due to the boom cycle of the chemical and pesticide industries during the reporting period, the market demand for the company’s products remained strong, the sales price of main products increased significantly year-on-year, and the profitability was significantly enhanced. The company actively grabs the favorable market situation, scientifically organizes production and operation, continuously improves product quality, meets the personalized needs of customers in different fields, and comprehensively improves the company’s core competitiveness and profitability. (2) Impact of non operating profit and loss non recurring profit and loss in 2021 is mainly the acquisition of government subsidies, income from bank financial products, asset renewal and disposal and other items, which has no significant impact on the advance increase of the company’s annual net profit in 2021.

According to the statistics of securities times · databao, Nantong Jiangshan Agrochemical & Chemicals Co.Ltd(600389) closed at 41.95 yuan today, up 2.69%, the daily turnover rate was 2.03%, and the turnover was 257 million yuan, up 2.02% in the past five days. Through the statistics on the trend of individual stocks whose performance is expected to increase by more than 50% in 2021, it is found that 72.06% of the stock prices rose on the day after the announcement, and 6 stocks rose by the limit on the day of the announcement. After the release of the notice, the share price rose by 69.12% on the 5th.

In terms of capital, the net inflow of the main capital of the stock today was 16.7583 million yuan, and the net inflow in the past five days was 6.1123 million yuan. The latest (January 7) two financing balance was 318 million yuan, of which the financing balance was 315 million yuan, an increase of 0.12% month on month compared with the previous trading day, and the financing balance in the past five days decreased by 8.04%. (data treasure)

(source: Data treasure)

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