Today (May 5), the trend of A-Shares was divided, the Shanghai index fluctuated upward, and the gem index reversed the market, showing a general upward pattern. On the disk, in terms of industries, pharmaceutical commerce, aerospace, pesticides and veterinary drugs, medical devices, decoration and building materials, shipbuilding, agriculture, animal husbandry, feeding and fishing, chemical raw materials, textiles and clothing, food and beverage, traditional Chinese medicine, automobile and other industries led the increase, while tourism, hotels, securities and other industries slightly adjusted back. In terms of subject stocks, covid-19 detection, glyphosate, covid-19 drugs, transgenic, building energy conservation and assisted reproduction led the rise, while online tourism, brokerage concept and rental and sale rights led the decline.
Tianjin Tianbao Infrastructure Co.Ltd(000965) afternoon limit first quarter net profit increased by 164.61% year-on-year
On May 5, Tianjin Tianbao Infrastructure Co.Ltd(000965) share price rose in the afternoon. As of press time, the share price of Tianjin Tianbao Infrastructure Co.Ltd(000965) soared by the limit. In terms of news, Tianjin Tianbao Infrastructure Co.Ltd(000965) disclosed the report of the first quarter of 2022. During the reporting period, the company achieved an operating revenue of 496 million yuan, an increase of 889.44% year-on-year; The net profit attributable to the parent company was 32.201 million yuan, a year-on-year increase of 164.61%. In the first quarter, the company deducted non net profit of 321786 million yuan, reversing losses year-on-year; The net cash flow from operating activities was 269 million yuan, compared with – 608 million yuan in the same period last year.
industry prosperity has improved! Fertilizer and pesticide sectors collectively rose Stanley Agriculture Group Co.Ltd(002588) , Nantong Jiangshan Agrochemical & Chemicals Co.Ltd(600389) and other daily limits
The concept of pesticide and chemical fertilizer had an active intraday trend on the 5th. As of press time, the concept of chemical fertilizer, Zhongnongfa Seed Industry Group Co.Ltd(600313) , double ring technology, Stanley Agriculture Group Co.Ltd(002588) , Guangxi Yuegui Guangye Holdings Co.Ltd(000833) , etc. rose by the limit; In terms of pesticide concept, Nantong Jiangshan Agrochemical & Chemicals Co.Ltd(600389) rose by the limit, Jiangsu Yangnong Chemical Co.Ltd(600486) , Huapont Life Sciences Co.Ltd(002004) , Shandongsino-Agriunitedbiotechnologyco.Ltd(003042) , Hefei Fengle Seed Co.Ltd(000713) , etc.
Some analysts pointed out that under the background of the conflict between Russia and Ukraine, global grain prices continue to rise strongly, and there are great differences in fertilizer prices at home and abroad. After the conflict between Russia and Ukraine in February 2022, the two sides successively announced a ban on the export of Shenzhen Agricultural Products Group Co.Ltd(000061) , and the transportation route was blocked. The shortage of global food supply intensified, boosting the food price to a new high. In addition, factors such as rising global shipping costs, high energy prices such as overseas natural gas and sanctions taken by western countries against Russia have also led to the release of global fertilizer production capacity not meeting expectations and poor import and export. Under the macro background of gradually balancing supply and demand and increasing importance of grain, the prosperity of the chemical fertilizer industry bottomed out and rebounded, and the price opened an upward channel.
Anxin Securities said that the current global corn and soybean prices are still very strong. According to Reuters, since importers in various countries rely heavily on food supply transported from Russia and Ukraine through the Black Sea, the global food prices have fluctuated continuously since the outbreak of the conflict between Russia and Ukraine. In this context, Shenzhen Agricultural Products Group Co.Ltd(000061) growers’ profitability has been continuously improved. According to nutrien, The expected crop profit margin of all countries in 2021 is much higher than the 10-year average level. Driven by higher product prices and higher yield, farmers’ planting enthusiasm is expected to be effectively stimulated. At present, in order to ensure that there will be no fertilizer shortage in India during summer and winter sowing seasons, the Indian government has been negotiating with major global producers to import key fertilizer products. According to CNBC, the fertilizer consumption in winter sowing season in India is 10-15% more than that in summer sowing season. The large-scale government subsidies will effectively maintain high planting enthusiasm. In the future, with the increasing demand for chemical fertilizers including phosphate fertilizer in India and even around the world, the global chemical fertilizer industry is expected to maintain a high boom.
Everbright Securities Company Limited(601788) believes that under the global covid-19 epidemic and the geopolitical conflict between Russia and Ukraine, the global food price is rising, and the demand for chemical fertilizer is expected to increase under the background of the increase of farmers’ planting willingness. At the same time, due to the impact of the situation in Russia and Ukraine, the global supply of chemical fertilizer has shrunk significantly, resulting in a further rise in the price of chemical fertilizer. Under the background of the integration of phosphate fertilizer industry and potash fertilizer industry, the company will be listed on a large scale with its own advantages. The phosphate fertilizer and phosphate chemical industry sector is suggested to pay attention to Guizhou Chanhen Chemical Corporation(002895) , Yunnan Yuntianhua Co.Ltd(600096) , Hubei Xingfa Chemicals Group Co.Ltd(600141) , Chengdu Wintrue Holding Co.Ltd(002539) , Xinyangfeng Agricultural Technology Co.Ltd(000902) , Sichuan Development Lomon Co.Ltd(002312) , Hubei Yihua Chemical Industry Co.Ltd(000422) , Kunming Chuan Jin Nuo Chemical Co.Ltd(300505) . Potash fertilizer sector suggests paying attention to Asia-Potash International Investment (Guangzhou) Co.Ltd(000893) , Qingdao East Steel Tower Stock Co.Ltd(002545) , and zangge mining.
covid-19 drugs, covid-19 detection concept trend active Jiangsu Skyray Instrument Co.Ltd(300165) , China Meheco Group Co.Ltd(600056) and other stocks trading limit
Covid-19 drug and covid-19 detection concept had an active intraday trend on the 5th. As of press time, covid-19 drug concept, Zhejiang Hisun Pharmaceutical Co.Ltd(600267) , China Meheco Group Co.Ltd(600056) , Guangyuyuan Chinese Herbal Medicine Co.Ltd(600771) , Shandong Xinhua Pharmaceutical Company Limited(000756) and other limits; In terms of covid-19 detection concept, Jiangsu Skyray Instrument Co.Ltd(300165) , Huakang medical “20cm” limit, Hefu China, Shanghai Runda Medical Technology Co.Ltd(603108) limit.
In terms of news, the US pharmaceutical company MSD recently announced its first quarter results: global sales were US $15.9 billion, a year-on-year increase of 50%, and both sales and profits exceeded expectations. This is mainly due to the strong market demand for mersadon’s anticancer drug coreda, HPV vaccine Gardasil and covid-19 antiviral drug molnupiravir.
Pfizer CEO Alberto also said recently that the supply bottleneck of covid-19 oral drug paxlovid in the U.S. market is gradually being solved. Compared with 8000 people using the drug in the week at the end of February, 80000 people were prescribed in the U.S. market alone by the week of April 22. Pfizer doesn’t have any inventory on hand because every piece produced has been shipped.
Western Securities Co.Ltd(002673) said that covid-19 epidemic will become the new normal in the post epidemic era after the coronavirus epidemic has ravaged the world for three years.
The combination of “covid-19 specific drug + covid-19 vaccine” or the ultimate answer given by mankind for covid-19 epidemic situation. On the other hand, in the long run, the underlying logic of investment in the pharmaceutical industry has not changed. It still focuses on the breakthrough of medical technology, the improvement of R & D efficiency and the satisfaction of medical needs. Enterprises in line with the industrial trend are still worthy of long-term optimism. Be optimistic about covid-19 specific drugs and covid-19 vaccines. Covid-19 specific drugs: many covid-19 specific drugs have been listed all over the world. Pfizer paxlovid can reduce hospitalization or mortality by up to 89%, and the upstream industry chain has benefited significantly; The research and development of domestic covid-19 specific drugs followed closely, and the progress of vv116 of real organisms azvudine and Shanghai Junshi Biosciences Co.Ltd(688180) was relatively ahead; It is suggested to pay attention to: Shanghai Junshi Biosciences Co.Ltd(688180) , Xiansheng pharmaceutical, Wuxi Apptec Co.Ltd(603259) , Asymchem Laboratories (Tianjin) Co.Ltd(002821) , Porton Pharma Solutions Ltd(300363) . Covid-19 vaccine: the vaccine can effectively reduce the risk of covid-19 infection and significantly reduce the severe disease rate and mortality. At present, seven covid-19 vaccines have been listed in China, and several new technical route vaccines are under research. China has announced the sequential vaccination plan of covid-19 vaccine, and the vaccination rate needs to be improved.
Orient Securities Company Limited(600958) believes that covid-19 small molecule drugs will become the key to anti epidemic and bring a lot of investment opportunities in the field of biomedicine. It is suggested to pay attention to the following directions: China’s leading enterprises in covid-19 small molecule drug research and development, such as Shanghai Junshi Biosciences Co.Ltd(688180) . Covid-19 manufacturers of key API intermediates required for small molecule drugs, such as Aba Chemicals Corporation(300261) , Lepu Medical Technology (Beijing) Co.Ltd(300003) , Ningbo Menovo Pharmaceutical Co.Ltd(603538) . Covid-19 small molecule drug MPP China authorized enterprises, such as Brightgene Bio-Medical Technology Co.Ltd(688166) , Zhejiang Jiuzhou Pharmaceutical Co.Ltd(603456) , Apeloa Pharmaceutical Co.Ltd(000739) , Shanghai Fosun Pharmaceutical (Group) Co.Ltd(600196) , Zhe Jiang Hua Hai Pharmaceuticalco.Ltd(600521) , etc.
agricultural sector rose strongly seed stocks performed well Zhongnongfa Seed Industry Group Co.Ltd(600313) and other trading limits
On the 5th day of the day of the 5th day of the day, the agricultural sector in the five day session of the agricultural sector was a strong rally, and the seed stocks were a bright. As of the press release, the Zhongnongfa Seed Industry Group Co.Ltd(600313) 1 and other outstanding performance. On the news, on April 29, Tang Renjian, director of the central agricultural office and secretary and Minister of the Party group of the Ministry of agriculture and rural areas, presided over the Party group meeting.
The meeting stressed the need to accelerate the construction of high-standard farmland, promote the gradual increase of investment standards, fully improve technical standards such as land productivity improvement, pay close attention to the study and formulation of overall plans for new construction, transformation and upgrading, and coordinate and strengthen the supporting facilities of water source projects and water conservancy facilities in drylands. Combined with the third national soil survey, systematically study the improvement of cultivated land quality, come up with measures and supporting policies for the improvement of cultivated land productivity in different regions and different land types as soon as possible, adhere to the “combination of long, medium and short, matching large, medium and small”, comprehensively consider the regionality and suitability of different technical models, and take multiple measures such as agronomy, ecology and engineering to continuously improve the fertility level of cultivated land. Strive to improve the mechanized operation level of sloping farmland, accelerate the research and development of agricultural machines and tools suitable for sloping farmland operation, and systematically plan the construction of sloping farmland according to local conditions on the premise of giving priority to ecology and protecting the environment. Strive to make up for the shortcomings of Shenzhen Agricultural Products Group Co.Ltd(000061) postpartum treatment facilities, strengthen the promotion of grain drying facilities, guide all localities to make rational use of rural activity centers, cultural squares and other venues, solve the problem of drying in multiple channels, strengthen the effective connection between storage and preservation cold chain logistics facilities in origin, cold chain centralized distribution center and backbone cold chain logistics base, and form an up-down, intensive and efficient Shenzhen Agricultural Products Group Co.Ltd(000061) cold chain logistics facility network system.
In addition, on April 24, the national video conference on protecting intellectual property rights of the seed industry and combating counterfeiting, shoddy and trademark infringement was held in Beijing. The conference stressed the need to implement the relevant requirements of the central seed industry revitalization action, strengthen intellectual property protection, severely crack down on illegal and criminal acts of counterfeiting, shoddy and trademark infringement in the seed industry, and purify the market environment of the seed industry.
The meeting pointed out that the intellectual property protection of the seed industry is related to the self-reliance of the seed industry in science and technology, the success or failure of the revitalization of the seed industry and the foundation of national food security. Strengthening the intellectual property protection of seed industry is the greatest protection for the vital interests of breeding innovators, the greatest support for enterprises to enhance their core competitiveness and the greatest incentive for the original innovation vitality of seed industry.
Huaxi Securities Co.Ltd(002926) said that the meeting further emphasized the intellectual property protection of the seed industry and improved the specific measures for seed industry protection, which was conducive to purifying the seed industry environment, stimulating the R & D and innovation vitality of enterprises, raising the entry threshold, creating a good development environment for seed enterprises, and leading enterprises ushered in a window period. In terms of target selection, we mainly recommend Beijing Dabeinong Technology Group Co.Ltd(002385) , Yuan Longping High-Tech Agriculture Co.Ltd(000998) and Shandong Denghai Seeds Co.Ltd(002041) with obvious first mover advantage and Shandong Denghai Seeds Co.Ltd(002041) .
home appliance sector rises Gree Electric Appliances Inc.Of Zhuhai(000651) share price approaches the limit company’s first quarter performance growth is bright
The household appliance sector rose on the 5th, the stock price of Gree Electric Appliances Inc.Of Zhuhai(000651) was close to the limit, and the gains of Guangdong Vanward New Electric Co.Ltd(002543) , Ningbo Dechang Electrical Machinery Made Co.Ltd(605555) , Gospell Digital Technology Co.Ltd(002848) , Bear Electric Appliance Co.Ltd(002959) , Guangdong Xinbao Electrical Appliances Holdings Co.Ltd(002705) , Marssenger Kitchenware Co.Ltd(300894) , Vatti Corporation Limited(002035) , etc. In terms of news, the first quarter report of 2022 disclosed on Gree Electric Appliances Inc.Of Zhuhai(000651) april 29 shows that the company achieved an operating revenue of 35.26 billion yuan in the first quarter, an increase of 6.24% year-on-year; The net profit attributable to shareholders of listed companies was 4.003 billion yuan, a year-on-year increase of 16.28%.
According to the 2021 annual report disclosed by the company on the same day, the company achieved a total operating revenue of 189654 billion yuan last year, a year-on-year increase of 11.24%; The net profit attributable to shareholders of listed companies was 23.064 billion yuan, a year-on-year increase of 4.01%; The basic earnings per share is 4.04 yuan. The company plans to distribute a cash dividend of 20 yuan (including tax) for every 10 shares to all shareholders, with a total cash dividend of 11.828 billion yuan (including tax).
Southwest Securities Co.Ltd(600369) said that the profitability of the company remained relatively stable against the background of the continuous sharp rise in the price of raw materials in the first quarter. In the first quarter of 2022, the company’s gross profit margin was 24.3%, a year-on-year decrease of 0.9pp, and the decline in gross profit margin narrowed. In terms of expenses, the company’s sales expense rate, management expense rate, R & D expense rate and financial expense rate are 5.5%, 3.5%, 3.7% and – 1.6% respectively. Overall, the company’s net interest rate was 10.2%, a year-on-year decrease of 0.2pp On the whole, the decline of the company’s gross and net profit margin narrowed, showing a certain improvement trend.
In the future, with the stabilization of raw material prices and considering the company’s strong industrial chain position, it is expected that the profitability of the company will accelerate the repair.
For the household appliance sector, Western Securities Co.Ltd(002673) pointed out that under the background of steady growth, the successive relaxation of real estate restriction policies in various regions is expected to lead to the gradual improvement of real estate sales, and the white kitchen electricity sector with high real estate relevance will benefit. Although the substantial boost to sales will be realized in 2023, the current valuation level of white kitchen electricity faucet is low, and the improvement of real estate sales is expected to drive the repair of white kitchen electricity valuation.
The agency said that looking forward to the second half of 2022, at the fundamental level, it is expected that the demand side of household appliances will be generally stable, and the high boom sectors such as integrated stoves, clean appliances and projection will continue to attract eye-catching performance; At the profit level, despite a new round of rise in raw materials at the beginning of the year, the pattern of household appliances is good. The leader passes on the cost pressure through product upgrading and average price increase, and the sector has no worries about profits; At the valuation level, after substantial adjustment in the early stage, the overall valuation of the sector is only 13-14 times, and the PE of Longtou Midea and boss in 22 years is only 12-13 times, which is at the level of 20-30% of the historical valuation center. At present, the investment value of the sector is prominent, and the recent relaxation of real estate policies is expected to drive the rebound of the valuation of the sector. It is recommended to recommend white kitchen faucets with high relevance to the real estate: Midea Group Co.Ltd(000333) , Hangzhou Robam Appliances Co.Ltd(002508) , Haier Smart Home Co.Ltd(600690) , At the same time, the prosperity of sub industries such as cleaning appliances is relatively certain, and the stock price correction brings good opportunities for layout. Key recommendations: Beijing Roborock Technology Co.Ltd(688169) , Ecovacs Robotics Co.Ltd(603486) .
