Up to now, all the first quarterly reports of 2022 listed companies on the Beijing stock exchange have been unveiled.
Overall, more than half of the enterprises achieved year-on-year growth in revenue in the first quarter of this year, and nearly 90% of the companies achieved profits. Among the top ten shareholders of many companies, public funds “appeared”. Recently, a number of companies announced that they would buy back and increase their holdings of their own shares.
90% of the company realized profit
6 companies doubled their profits
Data show that among the listed companies on the Beijing stock exchange, the revenue of Tongyi aerospace in the first quarter increased by more than three times year-on-year, the revenue of Jilin Carbon Valley and beiteri doubled in the first quarter, and the revenue of 8 enterprises, including Northland and Tongxiang technology, increased by more than 50%.
In terms of profitability, nearly 90% of listed companies made profits in the first quarter, 6 companies made profits of more than 50 million yuan, and the net profit attributable to the parent company of 20 companies increased by more than 30% year-on-year.
Among them, beiteri, the “leading” stock of lithium battery materials, had the best profit performance. The company realized a net profit of 451 million yuan in the first quarter, an increase of 72.22% year-on-year.
Beiteri’s main business includes three business segments: lithium ion battery cathode materials, cathode materials and graphene materials. For the significant increase in performance, beiteri said that the company’s positive and negative material business maintained rapid growth mainly due to the continued prosperity of the downstream battery market and the further improvement of the market demand for battery materials.
Yingtai biology, Jilin Carbon Valley and Tongli Co., Ltd. all had a net profit of more than 100 million in the first quarter, with a year-on-year increase of 178.92%, 152.15% and 79.53% respectively.
In addition, the net profits of Jiaxian shares, Tongyi aerospace and Yintu Netcom doubled, with a year-on-year increase of 207.18%, 192.14% and 180.67% respectively.
Jiaxian Co., Ltd. is mainly engaged in the production and sales of dibenzoyl methane, stearoyl benzoyl methane and stearate. In the first quarter of this year, the company realized that the growth of net profit attributable to the parent company was much higher than the revenue (71%).
For the large increase in profits, the company said that there were three main reasons: first, on the basis of stable production, the process, quality and comprehensive utilization of environmental protection were improved through research and development, and the production capacity increased significantly compared with the same period of last year, which affected the production capacity because it was in the stage of trial production in the same period of last year; Second, the company is market-oriented and has stabilized the sales price. The sales price of some products changes in the same direction with the price of raw materials, which provides a good support for performance growth; Third, the company continued to do a good job in safety production and environmental protection, actively promoted fine management and control, and effectively controlled costs and expenses.
multiple public funds
“rush” into the list of top ten shareholders of Beijing stock exchange
The first quarterly report data of listed companies also revealed the attention and layout of some public funds to leading companies of the Beijing stock exchange.
According to the data, as of the end of the first quarter of 2022, the fund held 26 stocks in the Beijing stock exchange. Among them, beiteri, Jilin Carbon Valley, Changhong energy and Liancheng CNC are still the key targets of capital attention.
Taking beiteri as an example, GF multi factor flexible configuration hybrid securities investment fund bought 4255100 shares of the company’s shares in the first quarter of 2022, with a market value of 436 million yuan at the end of the period, becoming the ninth largest shareholder of the company.
In the first quarter of 2022, Tongyi aerospace was selected by huitianfu Beijing stock exchange for innovation. It regularly opened a hybrid securities investment fund for two years to buy 1065300 shares of the company’s shares, with a market value of 10.15 million yuan at the end of the period, becoming the tenth largest shareholder of the company.
Liancheng CNC also obtained an increase in the holdings of public funds in the first quarter. According to the financial report, e fund’s innovation driven flexible allocation hybrid securities investment fund increased its holdings of 66700 shares of the company, holding 2215600 shares at the end of the period, with a shareholding ratio of 0.95%. It is the tenth largest shareholder of the new company.
But there is also differentiation between funds.
For example, as of the end of the first quarter, a total of 14 public funds held 9808500 shares of beiteri, a decrease of 1401500 shares compared with the end of 2021.
Some market participants told reporters in this regard that at present, many of the eight theme funds of the Beijing stock exchange still hold a low proportion of stocks of the Beijing stock exchange. Therefore, there is a demand to increase the position of stocks of the Beijing stock exchange before the six-month position building period on May 23. The head enterprise of the Beijing stock exchange may be the subject of key position increase in the future.
Shenwan Hongyuan Group Co.Ltd(000166) research report pointed out that from the perspective of positions, the shares held by the public offering Beijing stock exchange are highly concentrated, the coverage needs to be improved, and the attitude towards subject stocks is cautious; From the perspective of capital sources, the entry of stock products will contribute considerable investable funds, but the entry enthusiasm is related to the market profit-making effect, the number of bids and liquidity. With the acceleration of new share issuance and macroeconomic improvement in the second half of the year, it is expected that the willingness of institutional allocation will be improved.
company actively repurchases and increases its holdings
repurchase price is much higher than the current price
In addition, it is worth noting that recently, a number of Beijing stock exchange companies have thrown out share repurchase and share increase plans to stabilize investor confidence.
Derui lithium plans to buy back the company’s shares with its own funds for equity incentive. The repurchase price does not exceed 25 yuan / share, far exceeding the current stock price of the company (closing at 12.82 yuan / share as of April 29).
According to the repurchase plan of Derui lithium battery, the total amount of funds to be repurchased this time is no less than 15 million yuan and no more than 30 million yuan. According to the total amount of funds to be repurchased and the upper limit of the price to be repurchased, the number of shares to be repurchased is expected to range from Shanghai Pudong Development Bank Co.Ltd(600000) shares to 1.2 million shares, accounting for 0.77% to 1.54% of the current total share capital of the company.
Based on the confidence in the company’s future development prospects and the recognition of the company’s value, Airong software plans to buy back the company’s shares in the secondary market with its own funds for the implementation of equity incentive or employee stock ownership plan.
According to the repurchase plan, the repurchase price of Airong software is no more than 23 yuan / share, and the number of shares to be repurchased is no less than 510000 shares and no more than 1 million shares, accounting for 0.36% to 0.71% of the current total share capital of the company. According to the calculation of the number of shares to be repurchased and the upper limit of the price to be repurchased, the total repurchase capital is expected to range from 11.73 million to 23 million yuan.
The upper limit of the proposed repurchase price of Airong software is also much higher than the market price of the stock (closing at 4 yuan / share as of April 29).
Tongli share plan repurchases the company’s shares with its own funds for employee stock ownership plan. The repurchase price of the company shall not exceed 12.00 yuan / share, and the number of shares to be repurchased shall not be less than 5 million shares and not more than 10 million shares, accounting for 1.1% to 2.21% of the current total share capital of the company. According to the calculation of the number of shares to be repurchased and the upper limit of the price to be repurchased, the total repurchase funds are expected to range from 60 million yuan to 120 million yuan.
Based on Qilu Huaxin’s confidence in the company’s future development prospects and its recognition of the company’s investment value, the company’s actual controller, chairman Ming Rixin and other senior executives plan to increase their holdings in the next six months, of which Ming Rixin plans to increase its holdings of no more than 300000 shares and no less than 100000 shares, with a total increase of no more than 2.1 million yuan.
