During the day, A-Shares fell sharply, and dozens of A-share listed companies exploded at night.
According to the statistics of China stock market news choice, as many as 36 companies issued annual loss forecasts on January 25, with a total loss of more than 26.1 billion yuan and a maximum loss of 32.5 billion yuan.
Among them, eight listed companies have a maximum loss of more than 1 billion yuan. The Kaile Science And Technology Co.Ltd.Hubei(600260) with the largest loss is expected to lose 7.1 billion yuan to 8.7 billion yuan in 2021, and the company’s net assets will directly become negative assets from 6.638 billion yuan in the previous year. The pig giant Tech-Bank Food Co.Ltd(002124) is expected to lose 3.5 billion yuan to 4 billion yuan in 2021.
8 companies lost or exceeded 1 billion yuan
According to the statistics of China stock market news choice, as of 21:00 on January 25, 36 companies predicted that there would be losses in their annual report tonight, and the upper limit of losses of 8 companies exceeded 1 billion yuan.
Source: China stock market news choice, unit: 100 million yuan
Among them, Kaile Science And Technology Co.Ltd.Hubei(600260) is expected to lose 7.1 billion yuan to 8.7 billion yuan, becoming the company with the largest loss on the 25th.
The announcement shows that such a huge loss of Kaile Science And Technology Co.Ltd.Hubei(600260) is mainly due to the “private network communication” event. The impairment of accounts receivable, prepayments and inventory of the company’s private network communication business is about 5.5 billion yuan.
At the same time, Kaile Science And Technology Co.Ltd.Hubei(600260) it is estimated that the net assets at the end of 2021 will be – 462 million yuan to – 2062 million yuan, and the net assets at the end of last year (2020) will be 6.638 billion yuan. According to the relevant provisions of the stock listing rules of Shanghai Stock exchange, the company’s shares are at risk of delisting risk warning.
Kaile Science And Technology Co.Ltd.Hubei(600260) today’s share price fell by the limit and closed at 2.33 yuan. Since this year, the stock price has fallen by 24.84% with a total market value of 2.3 billion yuan.
Tech-Bank Food Co.Ltd(002124) it is estimated that there will be a loss of 3.5 billion yuan to 4 billion yuan in 2021. Tech-Bank Food Co.Ltd(002124) said that the company’s 2021 performance fell sharply year-on-year, resulting in deep losses, mainly from the pig breeding business. With the recovery of pig production capacity and surplus in China, pig prices showed a rapid downward trend in 2021. In 2021, the number of pigs sold by the company increased by 39% year-on-year, but the average sales price of commercial fat pigs decreased by 64% year-on-year.
Guangdong Electric Power Development Co.Ltd(000539) it is expected to lose 2.9 billion yuan to 3.5 billion yuan in 2021, compared with 1.7 billion yuan in the previous year. For the reasons for the loss, Guangdong Electric Power Development Co.Ltd(000539) said that it was mainly because the power demand of the whole society in Guangdong Province increased faster than expected in 2021, the power supply remained tight, the company made every effort to ensure the safe production and stable supply of power, and the on grid power increased significantly year-on-year. However, due to the continuous rise of commodity prices, the cost of power generation fuel increased significantly year-on-year, the power plant continued to suffer losses in a large area, and the company’s gross profit and net profit attributable to the parent decreased significantly year-on-year.
In addition to the above three companies, other listed companies with large losses also include Tiza Information Industry Corporation Inc(300209) pre loss of 1.8 billion yuan to 2.5 billion yuan, Wuxi Huadong Heavy Machinery Co.Ltd(002685) pre loss of 1.2 billion yuan to 1.6 billion yuan, Nandu energy pre loss of 980 million yuan to 1.27 billion yuan, and Guangshen Railway Company Limited(601333) pre loss of 900 million yuan to 1.15 billion yuan.
profitable companies still account for the majority
Although dozens of companies have made large losses, most of them are profitable.
According to the statistics of China stock market news choice, as of 21:00, of the 166 companies that released the performance forecast today, 130 were profitable, and the upper limit of net profit of 17 companies exceeded 1 billion yuan.
Source: China stock market news choice, unit: 100 million yuan
Among them, the net profit of Yankuang energy reached 16 billion yuan in 2021, a year-on-year increase of about 124.67%. Yankuang Energy said that the market prices of coal, acetic acid and other chemical products were high in 2021, and the prices of the company’s main products increased significantly in 2021.
For the overall performance of A-share companies in 2021, China International Capital Corporation Limited(601995) said that the annual profit growth rate may continue to fall compared with the first three quarters. Without considering the impact of goodwill impairment at the end of the year, it is estimated that the annual profit growth rate of A-share listed companies will fall back to 20% – 25%, of which the non-financial part may fall back to about 30%, further down from 25% and 38% in the first three quarters.
China International Capital Corporation Limited(601995) said that the proportion of industries that may exceed the expectation in the annual report is not high, and we can focus on the mid and upstream cycle industries, downstream consumption, TMT, financial real estate and some structural opportunities to reverse the expected industry segments.
