news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

Data is a treasure

Data treasure

Less worries about stock trading

Which blue chip leading stocks are in an oversold state?

Gas prices soar

Concept stocks surge

In the morning trading on August 13, the oil and gas related theme sectors surged, among which the oil and gas mining index surged by more than 2%, ranking first in the theme sectors.

Xinjin PowerThe stock price rose straight during the day, reaching a 20cm daily limit in the early trading. Before this daily limit, the company's stock price was at a historical low. According to the 2023 annual report, Xinjin Power is committed to high-end equipment manufacturing and comprehensive services in the energy field. Its equipment products mainly include centrifugal compressors, industrial drive steam turbines and complete sets of equipment. The company has one of the largest professional energy logging and testing equipment bases in China.

In addition to Xinjin Power, oil and gas exploration concept stocksRenzhi SharesThe stock price rose by 10cm.Zhunyou shares, Deshi shares, ST Xinchao, Tongyuan Petroleumwait.

On the news front, on the evening of August 12, Beijing time, the main contract of the Dutch TTF natural gas futures, the European natural gas price benchmark, rose by more than 4% during the session, breaking through 42 euros/MWh at one point, the highest level since December last year. Guosheng Securities believes that the conflict between Russia and Ukraine has once again triggered market concerns about the supply of the energy market, driving European natural gas prices to soar to a new high this year, and European coal prices have also risen to a two-month high.

Leading companies with good earnings forecasts flock to the electronics industry

Benefiting from the recovery of downstream demand, improved operating efficiency and the commissioning of projects, many leading listed companies reported good performance in the first half of the year.

According to Securities Times Databao statistics, as of now, among the listed companies with A-share market value exceeding 30 billion yuan, there are 88 companies whose net profit has increased year-on-year (including turning losses into profits) according to the lower limit of the net profit forecast in the semi-annual report (if there is no lower limit, the announced value is used). In terms of industry distribution, these companies are concentrated in the electronics, automobile, non-ferrous metals, utilities, and basic chemical industries.

The electronics industry has the largest number of shortlisted companies, reaching 19.In the first half of 2024, my country's consumer electronics industry has rebounded significantly, with domestic demand and foreign trade rebounding. The re-activation of the market has led to positive semi-annual performance forecasts for many listed companies in the industry chain. Data shows that the performance of the six leading companies with a market value of 100 billion yuan in the electronics industry are all expected to increase, namelyFoxconn, Luxshare Precision, Haiguang Information, North China Huachuang, BOE A, Will Semiconductor。

byFoxconn Industrial InternetFor example, the company's performance report shows that the net profit in the first half of the year was 8.739 billion yuan, a year-on-year increase of 22.04%, and the net profit hit a record high since its listing. During the reporting period, benefiting from the strong growth in demand for AI servers, the company's cloud computing business revenue grew strongly, among which AI server products showed an accelerated growth trend, and the proportion of cloud service providers' revenue continued to increase, driving the company's revenue and profitability growth.

Huafu Securities Research Report pointed out that consumer electronics is at a triple turning point of short-term stabilization and recovery, the advent of the industry innovation cycle, and the continuous catalysis of new products from giants. In the short term, the demand for consumer electronics terminals has recovered, and in the medium and long term, AI-enabled smart terminals are expected to accelerate the replacement of mobile phones and PCs.

27 leading companies doubled their performance

Among the many companies whose performance is expected to grow, there are 27 companies whose net profit growth rate will double.

Tongkun GroupNet profit growth was the highest, and the company expects net profit in the first half of the year to be 1 billion to 1.15 billion yuan, up 849.4% to 991.81% year-on-year. During the reporting period, with the continued efforts of domestic policies to stabilize growth, the downstream demand of the polyester filament industry has improved significantly compared with the same period last year. The large-scale expansion cycle of industry leaders at the supply level has ended, the industry concentration has further increased, the industry synergy has been more obvious, product sales and price differences have increased, and the industry as a whole is in a state of recovery.

Well sharesNet profit growth ranked second. The company expects net profit in the first half of the year to be 1.308 billion yuan to 1.408 billion yuan, a year-on-year increase of 754.11% to 819.42%. During the reporting period, market demand continued to recover, and downstream customer demand increased. With the company's product introduction in the high-end smartphone market and the continued penetration of autonomous driving applications in the automotive market, operating income achieved significant growth.

Luoyang Molybdenum Co., Ltd.Net profit growth ranked third, and the company expects net profit in the first half of the year to be 5.189 billion yuan to 5.735 billion yuan, a year-on-year increase of 638% to 716%. During the reporting period, the production and sales volume of the company's main products, copper and cobalt, achieved a significant year-on-year increase, and measures such as cost optimization and technical improvement have achieved obvious results. At the same time, the copper market price will strengthen in 2024, which will bring about an improvement in performance.

Leading Performance Growth

Significantly outperformed the market index

Judging from the performance of the secondary market, the overall performance of leading companies with growing performance is remarkable. According to Databao statistics, as of the close of August 12, these companies have risen by an average of 12.25% this year, significantly outperforming the Shanghai and Shenzhen 300 Index during the same period.Xinyisheng, Yutong Bus, Ninebot-WD, Times Electric, Shanghai ElectricThe cumulative increase has exceeded 50%.

New EasyThe cumulative increase was 93.75%, ranking first. The company is hailed by investors as one of the "three musketeers" of optical modules. Benefiting from the continuous improvement of the industry's prosperity and the rapid growth in demand for high-speed products, the company expects its net profit in the first half of the year to be 810 million to 950 million yuan, a year-on-year increase of 180.89% to 229.44%.

From the perspective of valuation, as of the close of August 12, 37 companies had rolling P/E ratios below 20 times.Bank of Hangzhou, Bank of Nanjing, Shanghai Pudong Development Bank, Yunnan Yuntianhua, Yunnan AluminumThe rolling price-to-earnings ratio is less than 10 times.

Bank of HangzhouThe rolling P/E ratio is 4.75 times, ranking the lowest. The company's performance report shows that the net profit in the first half of this year was 9.996 billion yuan, a year-on-year increase of 20.06%. As of the end of June 2024, the company's non-performing loan ratio was 0.76%, the same as at the end of the previous year, and the provision coverage ratio was 545.17%, a decrease of 16.25 percentage points from the end of the previous year, maintaining an excellent level overall.

Judging from the flow of funds, northbound funds have recently increased their holdings in a number of oversold leading companies with performance growth.

According to Databao statistics, among the companies whose latest closing prices have retreated by more than 20% from their highs this year, there are five companies whose northbound funds have increased their holdings by more than 100 million yuan since August, namely:Dong-E E-Jiao, Yutong Bus, Xinyisheng, GigaDevice, Tuopu Group。

Statement: All information content of Databao does not constitute investment advice. The stock market is risky and investment should be cautious.

Editor: He Yu

Proofread by: Tao Qian

Data treasure