According to the data, as of the closing on January 13, 2022, 309 A-share listed companies have disclosed the annual performance forecast of 2021, of which 47 are expected to have a year-on-year decline in net profit. From the share price performance after the disclosure of the performance forecast of these companies, it is not all a decline, but a more obvious differentiation.
The most obvious situation is that for companies with large cumulative increase in share price in 2021, after the announcement of performance pre reduction, the share price generally fell significantly; For some companies with large cumulative decline, the share price rose instead of falling after the release of the performance forecast.
Shenzhen Anche Technologies Co.Ltd(300572) the performance forecast for 2021 was disclosed on January 11, 2022. The company expects that the net profit attributable to the shareholders of the listed company will be about 10.5 million yuan to 15 million yuan in 2021, a year-on-year decrease of 94.44% to 92.06%.
After the disclosure of the above performance forecast, Shenzhen Anche Technologies Co.Ltd(300572) share price rose significantly. On January 12, Shenzhen Anche Technologies Co.Ltd(300572) 20cm limit; On January 13, the company’s share price soared again, closing at 28.18 yuan / share, up 6.94%.
China Securities Journal · China Securities Taurus reporter noted that the cumulative decline in Shenzhen Anche Technologies Co.Ltd(300572) 2021 was close to 50%.
Some listed companies lowered the financial figures of the performance forecast, and then the share price fell significantly.
Anhui Chaoyue Environmental Protection Technology Co.Ltd(301049) on January 7, 2022, the revised announcement of the performance forecast for 2021 was disclosed. It is expected that the net profit attributable to the shareholders of the listed company in 2021 will be about 80 million yuan to 100 million yuan, a year-on-year decrease of 43.49% to 29.37%. Previously, Anhui Chaoyue Environmental Protection Technology Co.Ltd(301049) is expected to realize a net profit attributable to the parent company of RMB 156646200 to 180.6985 million in 2021, with a year-on-year increase of 10.64% to 27.63%. After the release of the amendment announcement, the share price of Anhui Chaoyue Environmental Protection Technology Co.Ltd(301049) fell by more than 9% the next day.
For some companies with large share price increases, if the performance is pre reduced, the share price will fall.
Qiming Information Technology Co.Ltd(002232) it is estimated that the net profit attributable to the shareholders of the listed company will be about 32.74 million yuan to 49.12 million yuan in 2021, a year-on-year decrease of 61.24% to 74.16%. After the release of the performance forecast, the company’s share price fluctuated and fell. Qiming Information Technology Co.Ltd(002232) the cumulative increase of share price in 2021 reached 94.12%.
Some listed companies expect to maintain high-speed performance growth in 2022, there is pressure, and the stock price has also dropped significantly.
According to the record of investor relations activities disclosed on January 10, 2022, when replying to the question “whether to maintain the growth rate in 2021 in 2022”, the company said that the pressure will be relatively high in 2022, because carbonyl iron powder has no new capacity in 2022, and the company plans to increase R & D investment and optimize and transform the production line, and the R & D expenses will increase. Jiangxi Yuean Advanced Materials Co.Ltd(688786) according to the prospectus disclosed on August 5, 2021, the company preliminarily estimates that the operating revenue in 2021 is expected to be about 399 million yuan, a year-on-year increase of 55.47%; The estimated net profit is 87.4106 million yuan, a year-on-year increase of 65.91%. After the release of the above record of investor relations activities, Jiangxi Yuean Advanced Materials Co.Ltd(688786) share prices fell one after another, with a weekly decline of more than 13%.
Yang Delong, executive general manager of Qianhai open source fund, pointed out that in 2022, the market style may gradually switch to the target of value investment, and “performance is king” will become the main investment concept. In the long run, high-quality leading stocks with excellent performance will be the core assets of the market.
