data show that as of 17:00 on April 18, 545 A-share companies had disclosed the first quarter performance forecast, and 403 companies were pleased, accounting for 73.94%. Among them, there were a slight increase of 96, a turnaround of 31, a continued gain of 8 and a pre increase of 268. From the perspective of industry, there are a large number of pre hi listed companies in chemical industry, nonferrous metals, biomedicine, automobile, semiconductor and other industries
upstream enterprises perform well
The performance of upstream enterprises is generally good, and the performance differentiation of middle and downstream enterprises is serious.
Taking Zijin Mining Group Company Limited(601899) as an example, the company achieved an operating revenue of 64.771 billion yuan in the first quarter, with a year-on-year increase of 36.35%; The net profit attributable to shareholders of listed companies was about 6.124 billion yuan, a year-on-year increase of 143.88%. The company fully grasped the market opportunities and actively organized production. The output and sales of main products increased year-on-year, superimposed with the rise of metal prices, and the profitability of the company was significantly enhanced.
Benefiting from rising product prices and increased downstream demand, raw material enterprises related to photovoltaic and lithium batteries are bright. In addition, coal and other resource enterprises performed well.
The net profit of some enterprises during the reporting period is expected to reach a record high Henan Shenhuo Coal&Power Co.Ltd(000933) it is estimated that in the first quarter of 2022, the net profit attributable to the shareholders of the listed company will reach 1.744 billion yuan, with a year-on-year increase of 197.66%, mainly due to the sharp rise in the selling price of coal and electrolytic aluminum products year-on-year and the substantial enhancement of the company’s profitability.
Some enterprises have grasped the high-profile gas situation in the downstream and achieved rapid performance growth. The manufacturer of photovoltaic modules Anhui Xinbo Aluminum Co.Ltd(003038) predicts that the net profit attributable to the shareholders of the listed company will be about 431568 million yuan to 485514 million yuan in the first quarter of 2022, with a year-on-year increase of 60% – 80%. The company said that with the rapid development of photovoltaic industry and strong customer demand, the company’s order volume increased significantly.
several companies’ performance exceeded expectations
So far, 124 companies have disclosed the first quarterly report of 2022. Among them, 99 companies achieved year-on-year growth in operating revenue, accounting for 79.84%; 86 companies achieved a year-on-year increase in net profit, accounting for 69.35%. The net profit of many companies in the first quarter exceeded the forecast performance in the early stage.
In the first quarter of 2022, Zhejiang China Commodities City Group Co.Ltd(600415) achieved an operating revenue of about 1.598 billion yuan, an increase of 106.68% year-on-year; The net profit attributable to shareholders of listed companies was about 672 million yuan, a year-on-year increase of 78.13%. The company previously estimated that the operating revenue in the first quarter was about 1.54 billion yuan, a year-on-year increase of about 100%; It is estimated that the net profit attributable to the shareholders of the listed company is about 570 million yuan, with a year-on-year increase of about 50%.
Guanghui Energy Co.Ltd(600256) in the first quarter, the operating revenue was about 9.398 billion yuan, with a year-on-year increase of 70.1%; The net profit attributable to shareholders of listed companies was about 2.213 billion yuan, a year-on-year increase of 175.67%. The company had previously expected to achieve a net profit attributable to shareholders of listed companies of about 1.96 billion yuan to 2.06 billion yuan in the first quarter, with a year-on-year increase of 144% to 157%.
Guanghui Energy Co.Ltd(600256) introduces that the production unit operates safely and stably, the energy consumption decreases continuously, and the load increases steadily. At the same time, combined with its own business characteristics, the company scientifically adjusted its sales strategy and increased the volume and price of its main products.
some industries improved in the second quarter
Many popular track listed companies are optimistic about the performance of the second quarter, especially new energy vehicles, photovoltaic and other industrial chain companies.
Guangzhou Tinci Materials Technology Co.Ltd(002709) 4 the record of investor relations activities disclosed on April 18 shows that looking forward to the second quarter, the new energy vehicle industry is still in the stage of rapid development Guangzhou Tinci Materials Technology Co.Ltd(002709) 2022 in the first quarter, the operating revenue was 5.149 billion yuan, an increase of 229.71% year-on-year; The net profit attributable to shareholders of listed companies was 1.498 billion yuan, a year-on-year increase of 422.19% Guangzhou Tinci Materials Technology Co.Ltd(002709) said that the capacity of lithium hexafluorophosphate newly put into operation by the company had reached full capacity in the first quarter of 2022, and the self supply proportion of lithium hexafluorophosphate was close to 100%.
Some companies actively released new production capacity and are expected to be put into operation in the second quarter.
Lb Group Co.Ltd(002601) announced that the company has connected with several downstream customers, and all parties have strong purchase intention. The company is starting mass production, and the product quality is stable and up to standard. From the second quarter, the company’s iron phosphate, lithium iron phosphate and graphite cathode products will enter the market Lb Group Co.Ltd(002601) introduced that the company used the advantages of management, R & D, technology and supply chain to develop and produce battery materials such as iron phosphate, lithium iron phosphate and graphite negative electrode, so as to cultivate the second growth curve. The first phase of the company’s iron phosphate, lithium iron phosphate and graphite anode projects took only more than 8 months to complete and put into operation, which will contribute to the company’s performance from the second quarter of this year.
The performance of cement, steel and other infrastructure related companies in the first quarter was generally lower than expected, but it is expected to be better in the second quarter. Chen Bolin, Deputy Secretary General of China Cement Association and President of digital cement network, told China Securities Journal that the overall cement production and sales volume in the first quarter was poor, and the enterprise efficiency fell sharply. It is expected that the industry will usher in a turnaround in the second quarter.
