As market sentiment picks up day by day, stocks with better than expected performance in the first quarter are expected to outperform the market in the future.
The 2021 annual report of A-Shares and the first quarterly report of 2022 ended, and the operating performance of listed companies surfaced. Generally speaking, those with good performance will get the positive effect of stock price rise, otherwise they may be voted by the market with their feet. In early trading today, a batch of quarterly results exceeded expectations, and the stock prices of individual stocks rose sharply. As of the morning closing, for example, Gree Electric Appliances Inc.Of Zhuhai(000651) rose by more than 9% and Hengli Petrochemical Co.Ltd(600346) rose by nearly 6%. At the same time, the performance represented by Contemporary Amperex Technology Co.Limited(300750) was lower than expected, and the individual stocks showed a sharp decline trend.
On the whole, A-Shares showed a strong outlook in early trading, and the main stock indexes opened low and went high. As of the close, the Shanghai stock index rose 1.11%, the gem index affected by Contemporary Amperex Technology Co.Limited(300750) fell 0.15%, and fell more than 3% at one time. Analysts pointed out that with the market sentiment getting warmer and warmer, stocks with better than expected performance in the first quarter are expected to outperform the market in the future.
ningwang fell sharply
On the news, the quarterly report of Contemporary Amperex Technology Co.Limited(300750) was lower than the market expectation. According to the announcement, the company achieved a revenue of 48.68 billion yuan in the first quarter of 2022, a year-on-year increase of 153.97%; The net profit was 1.49 billion yuan, a year-on-year decrease of 23.62%, and the deduction of non net profit decreased by 41.57%
Citic Securities Company Limited(600030) believes that Contemporary Amperex Technology Co.Limited(300750) profitability is under pressure in stages due to the sharp rise in the price of upstream raw materials and a certain lag in the price rise of downstream customers. CITIC also said that with the gradual implementation of the company's price increase for downstream customers and the accelerated layout of upstream resources, the company's profitability is expected to gradually recover in the follow-up.
Contemporary Amperex Technology Co.Limited(300750) fell nearly 11% in early trading, fell more than 13% at one time, and closed down less than 6% in the morning.
In addition to Contemporary Amperex Technology Co.Limited(300750) , some other stocks with large market capitalization also fell sharply. For example, the Hangzhou Hikvision Digital Technology Co.Ltd(002415) limit, known as the security Mao, increased the net profit in the first quarter by 5.29% year-on-year, lower than the net profit growth in the annual report last year.
In addition, on the news side, the United States is considering sanctions against the global security giant Hangzhou Hikvision Digital Technology Co.Ltd(002415) to implement. In this regard, Hangzhou Hikvision Digital Technology Co.Ltd(002415) said that it had paid attention to relevant media reports, which mentioned that the possible sanctions imposed by the US government had yet to be verified. Sanctions should be based on reliable evidence and due process in the hope of fair and just treatment.
the latest performance exceeded expectations and individual stocks revealed
performance is good, and individual stocks are generally favored by the market. For example, Gree Electric Appliances Inc.Of Zhuhai(000651) soared by more than 9%, and the net profit in the first quarter increased by more than 16% year-on-year analysts pointed out that as market sentiment picks up day by day, stocks with better than expected first quarter results are expected to outperform the market in the future. According to the statistics of securities times · databao, since April 29, 28 stocks have been considered to have outperformed expectations in the titles of more than two securities companies' research reports. Industry distribution shows that the above stocks are mainly distributed in food and beverage, automobile, construction and other industries, of which the number of food and beverage stocks reaches 6.
The performance exceeded expectations, and the net profit in the first quarter achieved rapid growth. The highest growth rate of net profit was Chongqing Changan Automobile Company Limited(000625) , with a net profit of 4.536 billion yuan in the first quarter, a year-on-year increase of more than 4 times, and the stock rose by the limit in early trading. The second is Ming Yang Smart Energy Group Limited(601615) , with a net profit of more than 1.4 billion yuan in the first quarter, a year-on-year increase of nearly four times. In addition, the first quarter net profit of Porton Pharma Solutions Ltd(300363) , Meihua Holdings Group Co.Ltd(600873) , CNOOC, Quectel Wireless Solutions Co.Ltd(603236) and other stocks more than doubled year-on-year. Some companies whose net profits have fallen sharply are also considered to have outperformed expectations Sinolink Securities Co.Ltd(600109) , Zheshang Securities Co.Ltd(601878) and other securities companies believe that the performance of the first quarter of Shandong Sun Paper Co.Ltd(002078) annual report exceeded expectations, and the net profit of the company in the first quarter decreased by more than 39% year-on-year.
From the number of research reports released, the number of research reports that think Oppein Home Group Inc(603833) performance exceeds expectations is the largest, with a total of 13; Followed by Shandong Sun Paper Co.Ltd(002078) and Luzhou Laojiao Co.Ltd(000568) , with a total of 8 articles. In addition, it is believed that the performance of Porton Pharma Solutions Ltd(300363) , Unisplendour Corporation Limited(000938) , Ming Yang Smart Energy Group Limited(601615) , Chongqing Changan Automobile Company Limited(000625) and other stocks exceeded the expected number of research reports by more than 3. Most of these stocks are highly concerned by institutions, such as Yunnan Botanee Bio-Technology Group Co.Ltd(300957) , Inner Mongolia Yili Industrial Group Co.Ltd(600887) , Oppein Home Group Inc(603833) and more than 30 institutions, and Bear Electric Appliance Co.Ltd(002959) , Quectel Wireless Solutions Co.Ltd(603236) , Guangzhou Automobile Group Co.Ltd(601238) and more than 20 institutions.
6 stocks with better than expected performance rose by more than 10%
Most of the stocks that institutions gather together to believe that the performance is better than expected are large market capitalization stocks, including CNOOC, Luzhou Laojiao Co.Ltd(000568) , Inner Mongolia Yili Industrial Group Co.Ltd(600887) and other stocks with a market value of more than 100 billion, Tsingtao Brewery Company Limited(600600) , Yunnan Botanee Bio-Technology Group Co.Ltd(300957) , Oppein Home Group Inc(603833) and other stocks with a market value of more than 50 billion. There are only Bear Electric Appliance Co.Ltd(002959) and China Design Group Co.Ltd(603018) stocks with a market value of less than 10 billion yuan.
From the performance of the secondary market, institutions gathered together to recognize that individual stocks with better than expected performance won the market significantly excluding secondary new shares, the above-mentioned stocks have increased by an average of 1.89% since April, while the Shanghai stock index fell by more than 6% over the same period, of which 6 stocks rose by more than 10%. There were five stocks with large declines, and Porton Pharma Solutions Ltd(300363) and Beijing Tongrentang Co.Ltd(600085) both fell by more than 20%
