Original title: 68 A-share companies spoiler annual results, three major industries are booming. Source: Shanghai Securities News
As 2021 is about to end, what kind of “report card” will be handed over by A-share listed companies has attracted much attention from investors. The first annual performance forecasts of some listed companies have become a window for the outside world to gain insight into the performance of individual stocks and their respective industries.
According to statistics from the Shanghai Stock Exchange, as of December 15th, excluding some companies that did not specify the scope of increase or decrease, a total of 68 companies had “through the bottom” of their annual operating results through performance forecasts and other methods. Among them, 49 companies are expected to increase, and 1 company has turned losses. The overall pre-happy ratio is 73.53%. Through these pre-increased companies, it can be seen that the high prosperity of the chip industry, titanium dioxide industry, lithium battery raw materials and other industries is very obvious. In the follow-up annual report forecast, companies in these industries will have good news one after another.
Dongxin shares eye-catching performance
Among the performance prediction companies, based on the estimated net profit growth ceiling, a total of 14 companies have predicted an annual growth rate of more than 100% year-on-year; 12 companies are expected to increase by 50% to 100%. Dongxin, Eternal Asia, Kahe Mecang ranked the top three with 1128.68%, 345.56%, and 327.92% performance growth caps.
Dongxin shares, which has shown explosive growth in performance, landed on the Science and Technology Innovation Board on December 10. The company’s main business is the research and development, design and sales of small and medium-sized general-purpose memory chips. It is one of the few domestic companies that can provide complete memory chips such as NAND, NOR, and DRAM at the same time. Solution company. According to the previous listing announcement, the company expects that the operating income range for 2021 will be 1.1 billion yuan to 1.15 billion yuan, an increase of 40.25% to 46.63% year-on-year; the net profit attributable to shareholders of the parent company will range from 225 million yuan to 240 million yuan; The deduction of non-net profit ranges from 218 million yuan to 233 million yuan.
Dongxin’s non-net profit in 2018, 2019, and 2020 will be -30,402,200, -63,432,200, and 17.553,200, respectively. Dongxin said that with the gradual recovery of market conditions, the company’s sales to major customers have gradually increased, and profitability has been significantly improved. It can be seen that the company’s performance increase is mainly “attributable” to the continued improvement of its main business.
High prosperity makes good performance
According to the 2021 performance forecast and combined with the previously announced third quarter reports of 2021 and 2020 annual report, among the 14 companies whose net profit is expected to increase by more than 100% (up to the upper limit), it is expected that the fourth quarter of 2021 will have a quarter-on-quarter and year-on-year average net profit. Companies that have achieved growth include Power Diamond, Dia Shares, Longhua New Materials, Jiahe Meikang and so on.
The performance forecast disclosed by Power Diamond shows that the company expects a net profit of 230 million yuan to 240 million yuan in 2021, a year-on-year increase of 217.14% to 234.95%. Based on this calculation, Power Diamond’s net profit in the fourth quarter of 2021 is expected to grow 138% to 182% year-on-year, and 33% to 57% month-on-month.
Power Diamond said that the growth in performance was mainly due to breakthroughs in technology research and development, and the sales of cultivated diamond products increased significantly; at the same time, fund-raising projects were put into production one after another, and the production capacity of cultivated diamonds and diamond single crystals increased steadily; in addition, diamond single crystal market supply Tension, and sales prices have risen significantly. A brokerage research report believes that Power Diamond’s 2021 performance forecast exceeds expectations. With the gradual rise of cultivated diamonds, the company is expected to fully enjoy the dividends of cultivated diamond industry with technological advancement and capacity expansion, and maintain its long-term industry leading position.
Longbai Group also “does not let more.” According to the performance forecast, the company expects net profit in 2021 to be between 4.577 billion yuan and 5.722 billion yuan, a year-on-year increase of 100% to 150%. Based on this calculation, the net profit of Longbai Group in the fourth quarter of this year is expected to increase by 120% to 458% year-on-year. Longbai Group said that the growth in performance was mainly due to the prosperous cycle of the main product titanium dioxide market, and the sales price increased more year-on-year.
According to statistics from reporters, Longbai Group, the leader in titanium dioxide, has raised prices several times this year. The latest price increase occurred on December 14, and the company announced a price increase for various types of titanium dioxide starting from January 1, 2022. At the same time, China Nuclear Titanium Dioxide and Huiyun Titanium have also announced price increases starting from January 1, 2022, which shows that the industry is booming.
Turnaround performance “No Extremely Tailor”
Among 68 companies, Yan’an Bikang is the only company whose annual performance has turned around year-on-year. In 2020, Yan’an Bikang’s net profit was 1.071 billion yuan, of which the fourth quarter of last year’s loss was particularly serious. This year, the price of lithium hexafluorophosphate produced by Jiangsu Jiujiujiu Technology, a holding subsidiary, has skyrocketed, and profits have increased significantly over the same period last year. Yan’an Bikang turned losses in one fell swoop. The company expects a net profit of 950 million yuan to 1 billion yuan in 2021.
Jiujiu Technology is the core subsidiary of Yan’an Bikang to develop new energy and new materials business. The 2021 semi-annual report shows that Jiujiujiu Technology‘s net profit was 379 million yuan, while Yan’an Bikang’s net profit was 304 million yuan during the same period. Public information shows that the actual production capacity of Jiujiujiu Technology‘s lithium hexafluorophosphate has reached 6,400 tons/year, and its production capacity ranks among the top in the industry. Since the beginning of this year, relying on the hot market for lithium hexafluorophosphate, Yan’an Bikang has not only staged a “performance turnaround”, but the stock price has also continued to rise, climbing from 3.71 yuan at the beginning of the year to a staged high of 17.99 yuan.
The rapid development of the new energy industry has also strengthened Yan’an Bikang’s determination to transform. Yan’an Bikang disclosed on December 11 that in order to gradually divest the pharmaceutical business and focus more on the development of new energy and new materials industry, the company and Nanhua Biotechnology signed the “Asset Acquisition Intention Agreement”, which intends to acquire part of the company’s pharmaceutical assets , Including the equity of some subordinate pharmaceutical companies, pharmaceutical circulation companies and/or the assets corresponding to some production workshops. If the transaction is successfully completed, it will help Yan’an Bikang focus on the development of the new energy and new materials industry, and at the same time alleviate the problem of tight capital liquidity and debt problems.
The performance of Baolingbao, a leading sugar substitute company, is also remarkable. According to the performance forecast, the company expects a net profit of 190 million yuan to 210 million yuan in 2021, a year-on-year increase of 281.05% to 321.16%. Based on this calculation, the company’s fourth-quarter net profit is expected to be between 30 million yuan and 50 million yuan. Although the single-quarter net profit performance in the fourth quarter was not as good as that in the third quarter, given that the company’s fourth-quarter net profit for three consecutive years in 2018, 2019 and 2020 have all suffered losses, the above-mentioned performance in the fourth quarter of this year is already ” It is precious”.
In recent years, the rise of the concept of “zero sugar” has made Bowlingbao’s main product erythritol more and more in demand. In the record of investor relations activities disclosed on December 15, Baolingbao told the institutional investors who came to investigate that in 2021, the company’s revenue and profits will hit record highs. In the second and third quarters of this year, erythritol was in short supply on the market, causing some domestic downstream customers to be unable to launch new products and to promote them on a large scale. Therefore, after the supply of erythritol increases in 2022, the market size will increase accordingly.
Source: Shanghai Securities News