With the intensive disclosure of the annual report and the first quarterly report, more and more financial data outline the background of the development of the capital market for investors. According to the data, as of April 25, 2802 companies in Shanghai and Shenzhen had released the annual report of 2021 and 738 companies had released the first quarterly report of 2022.
On the whole, the positive effects of some high-profile industries have continued, and the industries that have temporarily encountered difficulties have also transmitted positive information in the process of grinding the bottom. In addition, a number of enterprises expressed their confidence in the long-term development of the company to investors by means of repurchase, shareholding increase and dividend.
28 companies
first quarter net profit exceeded 1 billion yuan
Data show that among the listed companies that have issued annual reports, 64 companies made a net profit of more than 10 billion yuan last year; Among the companies that have released the first quarter report, 28 companies have a net profit of more than 1 billion yuan in the first quarter of this year. These listed companies with higher profits can be roughly divided into two categories: first, listed companies with steady growth in performance on the original basis; Second, listed companies that benefit from the high outlook of the industry and substantial growth in performance.
The net profit of some companies in the first quarter of this year even exceeded that of last year Sichuan Yahua Industrial Group Co.Ltd(002497) financial report shows that in 2021, the company achieved an operating revenue of 5.241 billion yuan, an increase of 61.26% year-on-year, and realized a net profit attributable to shareholders of listed companies of 937 million yuan, an increase of 189.22% year-on-year. In the first quarter of 2022, the net profit attributable to shareholders of listed companies was about 1.02 billion yuan, a year-on-year increase of 121002%.
On the whole, the high outlook of energy, steel and other industries continued in the first quarter of this year, raising the performance of relevant enterprises.
Wang Jing, an analyst at Lange Iron and Steel Research Center, told the Securities Daily that the iron and steel industry has entered a high-quality development stage and will still be a window period of integration and reorganization at present and in the next few years. The development logic of the iron and steel industry is also changing. Capacity integration and reduction optimization are inevitable laws. The improvement of concentration and the optimization of product structure will become the main melody of industrial development. On this basis, the comprehensive competitiveness of iron and steel enterprises and products will be improved. While leading enterprises become bigger and stronger, small and medium-sized enterprises in the industry are also promoting integration and reorganization.
\u3000\u3000 “With the promotion of capacity integration, the concentration of the iron and steel industry has increased, which is a deterministic trend. The reduction of the number of enterprises can optimize the competitive structure of the industry and reduce disorderly competition, which is conducive to stabilizing market price fluctuations and promoting steel price stability to a certain extent. The integration of tail enterprises is also conducive to focusing on subdivided areas, improving the bargaining power of upstream and downstream, weakening the periodicity of the industry and promoting the profitability of the industry and enterprises More stable. ” Wang Jing said.
In addition, Chen Kexin, chief analyst of Lange Iron and steel Economic Research Center, told the reporter of Securities Daily that from the development of the whole industry, China’s steel market showed a warming trend in the first quarter of this year and was in the process of switching from weak to prosperous in the second quarter. With the increase of steady growth measures, it is expected that the national steel demand situation in the second half of the year is higher than that in the first half of the year.
aquaculture and other industries
waiting for transfer
In addition to the above industries with high prosperity, some enterprises have suffered huge losses due to the setback of the industry as a whole, typically the aquaculture industry.
According to the data, up to now, among the companies that have disclosed the annual report of 2021, five companies have lost more than 10 billion yuan, including three airlines, one breeding enterprise and one power enterprise.
Among them, Zhu danpeng, a senior researcher of China Brand Research Institute, said in an interview with Securities Daily that from the perspective of performance, the aquaculture industry has encountered unprecedented challenges. Superimposed with many external factors, aquaculture enterprises want to achieve overall profitability in 2023, “Although the current analysis believes that the industry inflection point will appear at the end of the second quarter of this year, the profitability of breeding enterprises is closely related to scale. From the analysis of the characteristics of consumer demand and industry supply, the overall profitability of enterprises needs time.”
However, from the announcement of listed companies, it can be seen that many companies are taking ways such as increasing holdings, repurchase and dividends to convey confidence to investors.
According to the data, since April, as of April 25, the important shareholders of the two cities (controlling shareholders, shareholders holding more than 5% shares, directors and supervisors) have increased their holdings 2644 times. For the reasons for the increase, the most mentioned in the announcement is “based on the recognition of the internal value of the company and the firm confidence in sustainable and stable development in the future”.
