Market performance and highlights this week: National Energy Administration: nearly 90% of the first batch of desert Gobi Desert new energy projects are under construction
Market performance: this week (from April 25 to April 29, the same below), the Shanghai Composite Index closed at 3047 points, down 1.29%; Shenzhen composite index closed at 11021 points, down 0.27%; The gem index closed at 2319 points, up 0.98%. In terms of the style of large and small cap, the large cap index rose 0.44% and the small cap index fell 3.12% this week. Since 2022, the overall market index has fallen by 18.51%, the small market index has fallen by 26.64%, and the ratio of small market to large market is 1.15.
Highlights of this week: Contemporary Amperex Technology Co.Limited(300750) first quarter net profit decreased by 23.62% year-on-year; National Energy Administration: nearly 90% of the first batch of new energy projects in Gobi desert have been started.
Major events of this week: on April 29, Gotion High-Tech Co.Ltd(002074) issued the option incentive plan. The total number of stock incentive shares was 60 million, accounting for 3.60% of the total share capital at that time, and the exercise price was 18.77 yuan / share, which was valid for 4 years. Performance assessment objective of incentive plan: the net profit from 2022 to 2024 shall not be less than 170 million yuan, 330 million yuan and 440 million yuan respectively. On April 30, Midea Group Co.Ltd(000333) issued the restricted stock and option incentive plan. The total number of stock incentives was 12.63 million, accounting for 0.18% of the total share capital at that time, and the exercise price was 28.14 yuan / share, with a validity period of 5 years. The total number of Option Incentives was 109074 million, accounting for 1.56% of the total share capital at that time, and the exercise price was 56.28 yuan / share, with a validity period of 5 years.
This week’s special topic: innovation promotes growth, and the mass entrepreneurship and entrepreneurship sector will deliver satisfactory answers in 2021 and 2022q1
The annual report of the mass entrepreneurship and innovation sector in 2021 and the quarterly report of 2022q1 disclosed that the performance of the sector continued to increase and performed brilliantly. In 2021, the revenue of gem / Sci-tech Innovation Board increased by 24.82% and 36.98% respectively year-on-year, both reaching a new high since 2019; The growth enterprise market / science and technology innovation board realized the growth rate of net profit attributable to the parent company by 42.15% and 62.93% respectively, and also maintained a high level.
The head effect is prominent, and large enterprises have better growth and stronger anti risk ability. Combing the profitability of Companies in different market value ranges, it can be found that in the large market value range, there are more companies with positive performance growth and stronger profitability. Large companies have significant advantages in risk resistance, industrial chain bargaining power, R & D investment and other fields. In the future, the industry is expected to be further concentrated to the leader.
Technology and manufacturing lead growth, and upstream raw material companies still have good profitability. Observing the growth of the sector, it can be found that in the mass entrepreneurship and innovation sector, the high-end manufacturing, science and technology, medicine and upstream raw materials sector had higher income growth in 2021 and 2022q1, while the upstream raw materials even performed better in terms of profitability. In the long run, innovation is still the core development power of enterprises, and high-quality companies with deep barriers deserve long-term attention.
Key recommended themes and stocks
Smart car theme (Juguang technology, Huizhou Desay Sv Automotive Co.Ltd(002920) , Foryou Corporation(002906) , Ingenic Semiconductor Co.Ltd(300223) , Thunder Software Technology Co.Ltd(300496) , Lianchuang Electronic Technology Co.Ltd(002036) , Ningbo Joyson Electronic Corp(600699) , Meig Smart Technology Co.Ltd(002881) , Jingwei hengrun-w); Theme of leisure snacks ( Yanker Shop Food Co.Ltd(002847) , Bestore Co.Ltd(603719) , Three Squirrels Inc(300783) ); Pet and Breakfast theme ( Petpal Pet Nutrition Technology Co.Ltd(300673) , Zhongyin Babi Food Co.Ltd(605338) ); High end manufacturing themes ( Estun Automation Co.Ltd(002747) , Amlogic (Shanghai) Co.Ltd(688099) , Jade Bird Fire Co.Ltd(002960) , Jutze Intelligent Technology Co.Ltd(300802) , Jiangsu Ankura Smart Transmission Engineering Technology Co.Ltd(300617) ).
Risk tip: the economy has fallen sharply; Major changes in capital market reform policies; The prosperity of the industry is lower than expected.
