"Top Students" Of Listed Companies Gather In Three Sectors

By August, the semi annual report revealed that it was about to reach the peak. What about the first round results of the "high school entrance examination" of listed companies that had been announced? According to statistics, 65 of the 345 companies that have published their semi annual reports still have a performance growth rate of more than 50% after deducting non profits after excluding the common windfall profits made by selling stocks this year, and these "top students" are mainly concentrated in three major sectors, namely, large consumption, electrical and mechanical equipment, and chemical industry. The performance growth drivers are respectively industry prosperity, cost reduction, benefit policy dividends The year-on-year base is low.

Further, in the above list of "top students", there were 14 companies newly settled by the social security fund in the second quarter, and many of them still had the dual guarantee of "performance+catalyst". "After the decline of deleveraging, individual stocks that used to hype will no longer be popular in the market, and the market preference will turn to those listed companies that have substantial performance support and share price catalyst", a researcher of a large securities firm pointed out.

From the perspective of the industry sector, unlike previous years, the chemical sector performed well in the first half of this year. In 2015, Shandong Haihua's net profit after deducting Africa increased by about 1400% year on year, ranking second in the growth list; In addition, the net profits of Hengyi Petrochemical, Yuanli Shares and Yongtai Technology after deducting non profits all increased by more than 300%.

The performance growth of chemical enterprises is mainly due to the improvement of industry prosperity. For example, Shandong Haihua said that the company's performance increased significantly mainly because the sales volume of soda ash, the leading product, increased compared with the same period last year, and the purchase cost of some raw materials decreased significantly compared with the same period last year. For another example, Hengyi Petrochemical said that in the first half of 2015, with the low price of crude oil stabilizing PTA The improvement of the supply and demand relationship, and the polyester fiber products continued the recovery trend in the second half of 2014, petrochemical chemical fiber products prices tended to stabilize, and the gross profit margin of products rebounded.

except chemical industry The above "top students" also cover large consumption, electrical and mechanical equipment and other sectors. Among them, the big consumption includes Wohua Pharmaceutical, Foci Pharmaceutical, etc. of Pharmaceutical Biology, Laobaigan Liquor, Qiaqia Food, etc. of food and beverage, Textile clothing Lugang Science and Technology, and Songcheng Performing Arts for leisure services. The fast growth of large consumption companies' performance is also due to the degree of industry prosperity. For example, Qiaqia Food said that the company's performance increased significantly due to the increase in sales revenue and gross profit margin compared with the same period last year. Vohua Medical said that the growth of performance was due to the maturing of the sales market of the company's leading product, Xinkeshu Tablets, which promoted the continuous growth of revenue.

In addition, in the electrical and mechanical equipment industry, Hengshun Zhongsheng, Dongfang Risheng, Hongyu New Material and other companies achieved rapid growth in performance. They benefited from the policy dividend. For example, Hongyu Xincai said that one of the main reasons for the increase of the company's net profit was to "take the east wind of the Belt and Road" to step up the development of the international market and successfully achieve the sales increase in the overseas market.

The reporter noticed that the securities companies that recently published research papers also turned to this strategic model. For example, Qilu Securities Research Report pointed out that the investment tone in August was to grasp the "performance+catalyst", and the industry with the performance forecast exceeding the expectations in the semi annual report, including utilities, transportation, medicine and biology; The clear theme of the stock price catalyst is the reform of state-owned enterprises, military industry, infrastructure and high-end equipment manufacturing under the 13th Five Year Plan.