On April 25, a large number of A-share companies disclosed the results of the first quarter of 2022. Some companies continued the high growth trend since 2021, and the net profit increased by more than 100%.
new energy circuit breaks out again
Based on the triumphant performance in 2021, the performance of new energy track stocks in the first quarter of this year is still bright, and the performance of new energy companies represented by lithium battery and photovoltaic industry chain is quite bright.
the first quarterly report disclosed on Youngy Co.Ltd(002192) 25 showed that the revenue was 478 million yuan, an increase of 339.46% over the same period of last year; The net profit was 254 million yuan, an increase of 1399626% over the same period last year.
Why is the performance so bright Youngy Co.Ltd(002192) said that due to the impact of macro policies and increased market demand, the prosperity of the new energy industry continued to improve, the prices of upstream materials and products in the lithium battery industry continued to rise sharply, the demand for lithium battery materials and lithium battery equipment continued to increase, and the operating revenue and profit of the company's lithium concentrate, lithium salt and lithium battery equipment increased significantly.
Photovoltaic industry chain companies are also unwilling to show weakness. Silicon material leader Tongwei Co.Ltd(600438) 25 announced that the revenue in the first quarter was 24.685 billion yuan, a year-on-year increase of 132.49%; The net profit was 5.194 billion yuan, a year-on-year increase of 513.01%. The company said that the year-on-year increase in revenue was mainly due to the expansion of business scale, the increase of sales volume and the year-on-year increase in the selling price of high-purity crystalline silicon.
In addition, Tongwei Co.Ltd(600438) announced that by the end of 2021, the company had built a total capacity of 180000 tons of high-purity crystalline silicon and 45gw Cecep Solar Energy Co.Ltd(000591) battery capacity, successfully completing the phased objectives. Based on the current technical and cost indicators, the company will exceed the objectives of the four-year medium-term plan. The company plans that the cumulative capacity of high-purity crystalline silicon and Cecep Solar Energy Co.Ltd(000591) battery will reach 800000 to 1 million tons and 130 to 150gw respectively from 2024 to 2026.
Other new energy industry chain companies, such as Yongxing Special Materials Technology Co.Ltd(002756) , Qinghai Salt Lake Industry Co.Ltd(000792) , Miracle Automation Engineering Co.Ltd(002009) and others, saw their net profits increase by more than 100% in the first quarter.
chemical industry high view without reduction
In the first quarter of 2022, the high outlook of the chemical industry remained, especially the performance growth of agricultural chemical industry was particularly dazzling.
The Jiangsu Yangnong Chemical Co.Ltd(600486) 25 announcement on the R & D, production and sales of main pesticide products realized a revenue of 5.268 billion yuan in the first quarter, with a year-on-year increase of 42.08%; The net profit was 904 million yuan, a year-on-year increase of 103.51%. The company said that the increase of revenue was mainly due to the increase of production capacity and output compared with the same period of last year, and the price of main pesticide products increased compared with the same period of last year.
The first quarter report released on Sichuan Meifeng Chemical Industry Co.Ltd(000731) 25, which is mainly engaged in compound fertilizer and urea products, showed that the revenue was 1.252 billion yuan, a year-on-year increase of 60.13%; The net profit was 179 million yuan, a year-on-year increase of 245.30%. The company said that the year-on-year increase in operating profit was mainly due to the year-on-year increase in the market price of some main products and the year-on-year increase in profitability.
In addition to agricultural chemicals, specialty chemicals also performed well. The Henan Qingshuiyuan Technology Co.Ltd(300437) announcement of the leader of water treatment chemicals realized a revenue of 530 million yuan in the first quarter, with a year-on-year increase of 59.17%; The net profit was 762063 million yuan, a year-on-year increase of 211493% Henan Qingshuiyuan Technology Co.Ltd(300437) said that during the reporting period, the sales and prices of water treatment agents and derivatives, the main products, increased compared with the previous period, resulting in an increase in revenue and gross profit.
food and beverage steady growth
In 2021, affected by multiple adverse factors such as repeated epidemic, rising raw materials and weak demand, the performance of most food and beverage companies was under pressure. In the first quarter of 2022, after the adjustment of product structure and the price increase of some products, many companies ushered in the performance inflection point and resumed steady growth.
On the 25th, three Baijiu enterprises Anhui Yingjia Distillery Co.Ltd(603198) Jinhui Liquor Co.Ltd(603919) tianyoude released their first quarterly reports, and their net profits increased by more than 40%.
Of which, Anhui Yingjia Distillery Co.Ltd(603198) achieved a revenue of 1.576 billion yuan, a year-on-year increase of 37.23%; The net profit was 550 million yuan, a year-on-year increase of 49.07%; Deduct non net profit of 538 million yuan, with a year-on-year increase of 50.41% Anhui Yingjia Distillery Co.Ltd(603198) said that the increase in revenue was mainly due to the increase in sales revenue of medium and high-end Baijiu, and the increase in net profit was mainly due to the increase in sales revenue of Baijiu and the increase in gross profit margin.
Unlike the sharp decline in revenue and net profit in 2021, the leader of compound condiment Sichuan Teway Food Group Co.Ltd(603317) achieved a "turnaround" in the first quarter. During the reporting period, its realized revenue was 629 million yuan, a year-on-year increase of 20.60%; The net profit was 100 million yuan, a year-on-year increase of 25.27%; Deduct non net profit of 978290 billion yuan, with a year-on-year increase of 27.26%.
According to the first quarterly report of Anji Co., Ltd., the leader of quick-frozen food, the operating revenue was 2.339 billion yuan, a year-on-year increase of 24.16%; The net profit was 204 million yuan, a year-on-year increase of 17.65%. Compared with the performance in 2021, the increase of net profit rebounded slightly.
high growth logic of science and innovation board company remains unchanged
According to the data, as of April 24, 73 science and Innovation Board companies had disclosed the performance data of the first quarter. The overall operating revenue increased by 68% year-on-year, the net profit attributable to the parent company increased by 113% year-on-year, and 70% of the companies achieved net profit growth.
A number of leading companies in subdivided industries handed over brilliant transcripts. Polysilicon leader Xinjiang Daqo New Energy Co.Ltd(688303) achieved a revenue of 8.129 billion yuan in the first quarter, a year-on-year increase of 389%, and the net profit attributable to the parent company was 4.312 billion yuan, a year-on-year increase of 641%. Benefiting from the strong rebound in the demand of the photovoltaic industry, the materials for monocrystalline silicon produced by the company accounted for more than 97% in the first quarter, and realized the batch sales of n-type high-purity silicon materials, which is at the leading level in the industry.
IDM mode power semiconductor leader China Resources Microelectronics Limited(688396) achieved an operating revenue of 2.514 billion yuan in the first quarter, with a year-on-year increase of 23%, and the net profit attributable to the parent company was 619 million yuan, with a year-on-year increase of 55%. After listing, the company continued to increase technological innovation, the comprehensive performance of the second generation 650V SiC JBS independently developed reached the advanced level in the industry, and a variety of products were mass produced.
