Today (April 20), A-Shares opened low and walked low, showing a panoramic view of the weak pattern. On the disk, in terms of industries, food and beverage, tourism hotels, wine making, logistics, beauty care, airports and other industries led the increase; Gold, real estate, steel, cement, coal, wind power, petroleum, non-ferrous metals, traditional Chinese medicine and other industries led the decline. In terms of subject stock, prefabricated dishes, condiments, community group purchase, beer concept, dairy industry, GM, tax refund shops, Baijiu, new retail sales and other major places of increase were among the biggest. 19. Concept of co-19, low-carbon battery and co-19, low-carbon battery, etc.
agricultural sector pulled up seed stocks performed well Zhongnongfa Seed Industry Group Co.Ltd(600313) triple board
On the 20th, the agricultural sector made efforts to pull up, and the seed industry stocks performed well. As of press time, Hefei Fengle Seed Co.Ltd(000713) , Gansu Dunhuang Seed Group Co.Ltd(600354) , Zhongnongfa Seed Industry Group Co.Ltd(600313) and other trading limits, Xinjiang Talimu Agriculture Development Co.Ltd(600359) , Winall Hi-Tech Seed Co.Ltd(300087) , Wanxiang Doneed Co.Ltd(600371) and other stocks strengthened. It is worth noting that Zhongnongfa Seed Industry Group Co.Ltd(600313) has been trading for three consecutive trading days. The company announced yesterday that after self-examination, no media reports or market rumors that may have a significant impact on the company’s stock trading price were found, and the concept of market hot spots was not involved. The company’s share price fluctuates greatly in the short term. Please pay attention to the transaction risk of the secondary market and invest rationally.
In terms of news, the general office of the Ministry of agriculture and rural areas and the comprehensive Department of the National Rural Revitalization Bureau jointly issued the guidelines for social capital investment in agriculture and rural areas (2022). The guidelines proposed to encourage social capital to invest in modern planting and breeding industry, modern seed industry, rural people enriching industry, Shenzhen Agricultural Products Group Co.Ltd(000061) processing and circulation industry, new rural service industry, green development of agriculture and rural areas, agricultural science and technology innovation, agricultural and rural talent training Agricultural and rural infrastructure construction, digital village and Jiangsu Nonghua Intelligent Agriculture Technology Co.Ltd(000816) construction, agricultural entrepreneurship and innovation, rural living environment improvement, agricultural foreign cooperation and other key industries and fields. Encourage local governments to innovate investment and financing models according to local conditions according to the actual development of agriculture and rural areas, and promote resource integration, optimization of investment structure and improvement of investment efficiency. Encourage social capital to explore and steadily and orderly invest in rural revitalization through the development of the whole industrial chain, the overall development of the region, the cooperation between the government and social capital, the establishment of Rural Revitalization investment fund, and the establishment of a closely cooperative benefit win-win mechanism.
Sinolink Securities Co.Ltd(600109) said that under the current environment of rising global food prices and restrictions on food exports in many countries, the implementation of transgenic technology is expected to accelerate. Key recommendations: Yuan Longping High-Tech Agriculture Co.Ltd(000998) : rich reserves of transgenic technology, Shandong Denghai Seeds Co.Ltd(002041) .
greatly increase the warehouse of Maotai! 500 billion top flow Li Xiaoxing half of the heavy stock “exchange” balanced allocation of consumer technology in the first quarter
On April 20, Yinhua Fund released the first quarterly report of its funds in 2022. According to the first quarterly report of Yinhua Xinyi managed by Li Xiaoxing, as of the end of the first quarter of 2022, the stock position of the fund was 92.63%, down 1.96 percentage points from the end of the fourth quarter of last year. Compared with the end of the fourth quarter of 2021, Li Xiaoxing’s shareholding concentration has increased, half of the heavy positions have been “changed”, and the allocation of science and technology consumption is more balanced.
It is worth mentioning that Li Xiaoxing increased his positions by Kweichow Moutai Co.Ltd(600519) , with nearly 500000 shares in the first quarter. At the end of 2021, Yinhua Xinyi held Kweichow Moutai Co.Ltd(600519) 58800 shares, accounting for 1% of the net asset value of the fund; In the first quarter of 2022, Yinhua Xinyi held Kweichow Moutai Co.Ltd(600519) 53 million shares, accounting for 8.15% of the net asset value of the fund.
According to the report report, at the end of the first quarter of 2022, the report shows that at the end of the first quarter of 2022, the top ten heavy warehouse shares of silver China ”s heart of silver China at the end of the first quarter of 2022, the top ten heavy warehouse shares of silver China at the end of the first quarter of the first quarter of 2022. The report report shows that at the end of the first quarter of 2022, the first quarter of 2022, and the top ten heavy warehouse shares of silver China’s top ten top ten heavy warehouse shares at the end of the first quarter of 2022, and the top ten heavy warehouse shares at the end of the first quarter of the first quarter of the first quarter of 2022, which are respectively: reportreport, as the report report report report report shows that the report shows that the top ten of the first quarter of the first quarter of the first quarter of 2022, and the first quarter of 2022, and the first quarter of 2022, Guangzhou Tinci Materials Technology Co.Ltd(002709) , Beijing Kingsoft Office Software Inc(688111) .
Compared with the end of the quarter of 2021, the end of the quarter quarter of the year of 2021, as compared to the end of the year of the year of the year of the 2021, the 00079 Qinghai Salt Lake Industry Co.Ltd(000792) \ , Beijing Kingsoft Office Software Inc(688111) newly added top ten heavy positions of the fund.
capacity reduction pig price or open “up channel”
In recent days, pig prices have risen rapidly, and the spot market is full of “recovery”. With the boost of market confidence, pig concept stocks and pig futures began to rise in an all-round way. Behind the strong market is the increasingly reasonable production capacity of pigs. The reporter learned that the current number of fertile sows is close to the reasonable target. This trend will be reflected in the pig market at the end of the second quarter of this year and beyond. Pig prices are expected to open an upward channel and return to the normal range; Structural changes in the pig industry are also taking place quietly.
Insiders said that the arrival of a new round of pig cycle does not mean that pig prices will enter the range of “sharp rise and fall” again. In this round of pig cycle, the situation dominated by free range pig breeding in the past has been partially replaced by large-scale breeding sites, and some pig breeding enterprises are also expanding their scale. The next round of pig cycle may become the adjustment and optimization of the internal structure of large-scale breeding enterprises and farms.
lithium iron phosphate installed capacity is expected to exceed 60% in the future industrial chain company has layout opportunities (attached shares)
Trendforce Jibang consulting believes that as the core component occupying the highest cost of electric vehicles, reducing the cost of power batteries will be an important strategy for enterprises to compete in the future. By virtue of its cost performance advantages, lithium iron phosphate battery is estimated to account for more than 60% of the installed capacity in the global power battery market by 2024. It is expected that the cost performance advantage of lithium iron phosphate battery will be more prominent, and it may become the mainstream of the terminal market in the next 2-3 years. The proportion of global installed capacity of lithium iron phosphate battery and ternary battery will also change from 3:7 to 6:4 in 2024.
Huafu Securities believes that from the second half of 2021, the upstream raw material price of lithium battery has continued to rise. Under the pressure of cost side and the influence of subsidy policy, lithium iron phosphate battery with relatively low price is favored by the market, and the installed capacity accounts for more than ternary battery. This trend will not change in the short term. The price of lithium iron phosphate cathode reflects the current supply and demand pattern, and the sharply rising price has a great positive impact on the profits of Companies in the iron phosphate industrial chain. The total amount of enterprise production expansion plan is large, but the actual implementation will be greatly reduced by factors such as energy consumption, environment and capital. However, the growth of demand is sustained and stable, and the tense relationship between supply and demand may be maintained until 2023. Overall, benefiting from the rapid growth of lithium battery demand, the supply and demand pattern of lithium iron phosphate continues to be tight, and there are layout opportunities for iron phosphate and lithium iron phosphate cathode material companies in the industrial chain. It is suggested to pay attention to Yunnan Yuntianhua Co.Ltd(600096) , Shenzhen Dynanonic Co.Ltd(300769) , etc.
steady growth policy, steel consumption is expected to improve reduce crude steel production, which is conducive to the maintenance of industry profits (with shares)
On the 19th, the national development and Reform Commission, the Ministry of industry and information technology, the Ministry of ecological environment, the National Bureau of statistics and other departments conducted research and deployment on the reduction of crude steel production in 2022, focusing on reducing crude steel production in key areas of air pollution prevention and control such as Beijing, Tianjin and Hebei and surrounding areas, the Yangtze River Delta and Fenwei plain, and reducing crude steel production with poor environmental protection performance, high energy consumption and relatively backward process and equipment level, Ensure the year-on-year decline of national crude steel output in 2022.
Guosen Securities Co.Ltd(002736) metal industry research shows that 1) the pressure drop of crude steel output will help the industry maintain a stable operation and restrain the price of iron ore. Under the pattern of top supply, the profit of black industrial chain is expected to tilt to the steel mill end again. 2) The steady growth policy continued to work, and steel consumption is expected to improve. In terms of real estate, in order to prevent the risk of hard landing, the local real estate market regulation policies tend to be liberalized, and the policies are still increasing, which helps to improve market sentiment. The growth rate of infrastructure investment is also expected to stabilize with the steady growth policy, so as to drive steel consumption and play the role of counter cyclical regulation. 3) Resumption of trading in 2014, the steel sector achieved excess returns under the expectation of weak fundamentals and strong expectations. 4) Investment suggestion: the steel sector in the second quarter is expected to usher in the dual direction policy force of supply and demand, steady growth, underpinning steel consumption, continuous relaxation of real estate policy, year-on-year decline in supply and improvement of industrial exports.
From historical experience, the steel sector, as a pro cyclical target, has achieved a high winning rate of excess return in the wide credit stage. At present, the improvement of demand margin is expected to form a strong support for steel prices, and the controlled crude steel output is conducive to the maintenance of industry profits. In addition, the leading steel plant has achieved outstanding results in reducing cost and increasing efficiency in recent years, the profitability toughness has been repeatedly verified, and maintained a high proportion of cash dividends. Therefore, from the current time point, there is a large space for valuation repair of industry leaders. It is recommended to pay attention to Hunan Valin Steel Co.Ltd(000932) , Baoshan Iron & Steel Co.Ltd(600019) , Xinyu Iron & Steel Co.Ltd(600782) , Sansteel Minguang Co.Ltd.Fujian(002110) .
four index locking 93 potential cash cows looking for new “rising” machines in dividend scheme
Up to now, 21 companies plan to pay cash dividends of more than 10 billion yuan. Among them, 10 companies including Industrial And Commercial Bank Of China Limited(601398) , China Construction Bank Corporation(601939) , Agricultural Bank Of China Limited(601288) , Bank Of China Limited(601988) , China Merchants Bank Co.Ltd(600036) are from the banking industry The Industrial And Commercial Bank Of China Limited(601398) plan has the highest total dividend, reaching 104534 billion yuan. It is also the only company with A-share dividend of more than 100 billion yuan in 2021.
Among the companies that have not yet disclosed their annual reports, which listed companies have high dividend potential? Chen Li, chief economist of Chuancai securities and director of the Research Institute, said in an interview with reporters: “enterprises that can pay dividends usually have strong profitability and abundant cash flow; at the same time, these enterprises often have considerable industry status, stable performance and strong anti risk ability, so as to be separated from the industry cycle to a certain extent.”
In fact, in the view of professionals, high score red stocks usually have some characteristics: for example, the dividend yield has exceeded the bank’s one-year fixed deposit rate (1.75%) for three consecutive years (20182020); The net profit in the first three quarters of 2021 is positive, or the annual performance forecast of 2021 has been disclosed and expected; The net operating cash flow per share in the first three quarters of 2021 was positive; In the first three quarters of 2021, the undistributed profit per share exceeded 1 yuan.
According to the figure, the data show that 93 of the 2785 listed companies with the actual disclosure date of the 2021 annual report on and after April 19 have the above characteristics. From the perspective of industry attributes, these 93 companies mainly come from automobile, textile and clothing, media, banking and other industries 35 \inline with the above characteristics, the cash distribution per share has reached 1 yuan or more (before tax) over the years from 2018 to 2020, and the continuous dividend intensity is greater.
