Market Review
This week (4.25-4.29), the CSI 300 index rose 0.07%, the SME board index rose 1.65%, the gem index rose 0.98%, and the computer (CITIC) sector fell 2.65%. The top five stocks in the sector were: Hand Enterprise Solutions Co.Ltd(300170) , Beijing Kingsoft Office Software Inc(688111) , Thunder Software Technology Co.Ltd(300496) , Guangzhou Sie Consulting Co.Ltd(300687) , China stock market news; The top five declines were: Julong shares, Dongfang Wangli, Bluedon Information Security Technologies Co.Ltd(300297) , Hunan Creator Information Technologies Co.Ltd(300730) , Fujian Apex Software Co.Ltd(603383) .
Industry highlights
State Council Office: encourage qualified areas to carry out new energy vehicles and green smart appliances to the countryside
Beijing takes the lead in liberalizing automatic driving and driving without permission
Counterpoint: in the first quarter of this year, China’s smartphone sales fell by 14% year-on-year
BRICs big data Forum on Sustainable Development held
Company dynamics
Feitian Technologies Co.Ltd(300386) : it was reported on April 25 that Huang Yu, the shareholder of the company, reduced no more than 6400000 shares of the company by means of block trading and centralized bidding, accounting for 1.53% of the total share capital of the company. The planned reduction time has been more than half. Huang Yu did not reduce his shares in the company.
Beijing Tongtech Co.Ltd(300379) : according to the news on April 27, the number of stock options to be granted by the company this time is 16.875 million, accounting for about 3.68% of the total share capital of the company.
Hunan Creator Information Technologies Co.Ltd(300730) : it was reported on April 28 that Zhongnan assets, the original shareholder of the company holding more than 5%, has reduced 1598000 shares of the company, accounting for 1.00% of the total share capital, and the reduction time is more than half.
Unittec Co.Ltd(000925) : according to the news on April 29, the number of underlying shares involved in the company’s employee stock ownership plan is expected to not exceed 6378320 shares, accounting for 1.1426% of the company’s total share capital.
This week’s view: the overall revenue growth of the computer sector in the 2021 annual report is stable, mainly due to the revenue growth of industry leading enterprises with high revenue volume weight, which is significantly higher than the industry average. The median revenue growth is higher than that in 2020 but lower than that in 2019; The profitability of the sector decreased significantly, resulting in the overall profit growth of the industry being significantly lower than the revenue growth. In 2022, the overall revenue growth rate of Q1 computer industry increased compared with the same period last year, but the median revenue growth rate decreased significantly compared with the same period last year, and the core financial indicators such as net profit and non net profit decreased significantly compared with the same period last year. The prosperity of sub areas is significantly differentiated. In the 2021 annual report, the smart car sector ranks first in terms of revenue, net profit and deduction of non net profit. In the first quarter report of 2022, the smart mine sector ranks first in terms of revenue, net profit and deduction of non net profit, while the smart car sector continues to maintain the high prosperity of 2021.
Risk tip: the development of intelligent penetration rate is less than expected; Under macroeconomic pressure, the capital expenditure of enterprises decreased.
