Editor's note: Recently, the National Bureau of Statistics released December 2018PPIData, the national industrial producers ex-factory price rose 0.9% year-on-year, 1.0% month-on-month, and rose 3.5% year-on-year. In terms of ex-factory prices of major industries, the three fastest-growing industries in 2018 were the oil and gas exploration industry (24.3%), the petroleum, coal and other fuel processing industries (16.0%) and the non-metallic mineral products industry ( 9.7%). Analysts believe that the growth of industry PPI data indicates to some extent the industryPerformanceThe promotion is worthy of attention during the disclosure of the annual report. According to the data, among the above-mentioned three sectors, 14 companies have been recommended by 3 or more institutions in the past 30 days. Today, this newspaper analyzes and interprets the above-mentioned industries and individual stocks to readers.
Oil and gas extraction industry
9 stocks absorbed 342 million yuan in the month
Yesterday, the National Bureau of Statistics released data show that in 2018, the producer price of oil and natural gas mining producers increased by 24.3% year-on-year, ranking first in various industries.
Analysts pointed out that oil and gas prices rose in 2018, the originalOil priceThe pattern of entering the "high-to-high oil price" era is clear. Although the oil price has fluctuated in the short term, the upward trend is clear, which is beneficial to related industries such as refining and chemical oil service and coal chemical industry. With the accelerated marketization of natural gas prices, natural gas prices have driven down demand for natural gas in many applications such as power generation, city gas and industrial fuels. China's natural gas demand will maintain a high-speed growth trend at this stage, and the natural gas industry will also usher. An important ten-year golden development period. Driven by the “coal to gas” policy and the continuous marketization of gas prices, the industry is expected to maintain growth of more than 10% in the future, and the high demand will bring the industry's long-term prosperity.
In the secondary market, the oil and gas exploration sector has performed equally well recently. Since January, a total of 21 constituent stocks in the sector have risen, accounting for more than 60%. Among them, the two stocks of Furui and Houpu were among the top gainers, both exceeding 10%, reaching 16.32% and 12.32% respectively. Jereh shares (8.33%), Zhongtian Energy (6.18%), Tianfu The cumulative increase in energy (5.60%), ST quasi-oil (5.59%), intercontinental oil and gas (5.51%), Tongyuan Petroleum (5.31%) and Taishan Petroleum (5.08%) also exceeded 5%.
Cash flowTo date, a total of 9 constituent stocks have presented large single funds since January.Net inflowThe situation, a total of 346,169,500 yuan. Specifically, Sinopec's accumulated net inflow of large single funds in the month topped the list, reaching 25,415,250 yuan. Three stocks including Furuite, Houpu and Jerry were also receiving large capital of more than 10 million yuan in the month. In addition, Tongyuan Petroleum, ST Zhunyou, Baichuan Energy, Hubei Energy, Jinhong Holdings and other stocks also achieved a net inflow of large single funds.
On the performance front, a total of nine listed companies in the oil and gas industry reported a year-on-year increase in performance. Among them, Tongyuan Petroleum, Jerry, Guanghui Energy, Intercontinental Oil and Gas, PetroChina and other five companies during the reporting periodNet profitAchieving a doubling year-on-year, the company's third-quarter net profit of Guoxin Energy, Baichuan Energy, Sinopec, Lanyan Holdings and Victory shares increased by more than 10% year-on-year. In addition, there are 8 companies that disclosed the 2018 annual report performance forecast. Among them, Jerry shares, PetroChina and other two companies have a good performance.
In terms of institutional rating, in the past 30 days, a total of 9 stocks were recommended by the agency. Specifically, Sinopec (11), Jerry shares (4), Guanghui Energy (4) and PetroChina (3) have a optimistic rating of 3 or more. Yunnan Nengtou, Baichuan Energy, Shenzhen Energy, Zhongman Petroleum, and CNOOC Engineering were favored by the institutions during the period. The performance of the market is worth looking forward to.
For the investment logic of the sector: Zhongtai Securities recommends three main line layouts: 1. Look for varieties that are rising in volume and price. It is recommended to pay attention to Guanghui Energy and Xinao shares. 2. Focus on coal chemical leading enterprises. Recommended related targets: Hualu Hengsheng, Huayi Group, Yang Coal Chemical. Logic: The supply contraction stacks the cost and promotes the price increase of methanol, urea, acetic acid and other products. 3. Look for varieties that are resilient at the beginning. Upstream companies directly benefit from the increase in the price of residential gates. It is recommended to recommend “two barrels of oil”, namely PetroChina and Sinopec.
Oil, coal and other fuel processing industries
6 companies annual report performance pre-history
Yesterday, the National Bureau of Statistics released data show that in 2018, the ex-factory price of producers of oil, coal and other fuel processing industries increased by 16.0% year-on-year, ranking second among all major industries.
According to statistics, the Securities Daily Research Center found that there were 16 constituent stocks in the oil, coal and other fuel processing industries, and 13 stocks rose in the month, accounting for more than 80%. Among them, ST Yunwei (7.66%), Maohua Shihua (6.4%), Yunmei Energy (5.97%) and Yueyang Xingchang (5.55%) and other four stocks all increased more than 5% during the period, Shenyang Chemical, too The shares of Huahua, Shanghai Petrochemical, Meijin Energy, Compton, Huajin, Baotailong, Jinneng Technology and Kailuan also all showed different levels of increase.
In terms of capital flow, a total of 7 constituent stocks have realized a net inflow of large single funds since January. Among them, during the Huajin Shares, the accumulated net inflow of large single funds topped the list, reaching 10.9433 million yuan, Maohua Shihua (305.585 million yuan), Yunmei Energy (1.8346 million yuan) and Shenyang Chemical Industry (1.35 million yuan). Both are sought after by the large single fund of more than 1 million yuan.
In terms of performance, among the 16 listed companies in the industry, the number of companies that achieved a year-on-year increase in net profit in the third quarter of 2018, accounting for 68.75%. It is worth mentioning that Shanxi Coking achieved a year-on-year increase of 2,376.51% in net profit during the reporting period, highlighting its high growth capacity. In addition, the net profit of the three quarterly reports of Yueyang Xingchang, Kailuan, ST Yunwei and Yunmei Energy all doubled year-on-year.
Further combing found that six listed companies in the industry have disclosed the 2018 annual report performance forecast, and the results are all pre-happy. Specifically, both Meijin Energy and Shanxi Coking expect a net profit of 50% or more in 2018. Gaoke Petrochemical, Yueyang Xingchang, Shaanxi Black Cat, Jinneng Technology and other 4 companies are all in 2018. The annual net profit is expected to continue to grow.
Meijin Energy is more typical. The company is expected to belong to listed companies from January to December 2018.shareholderThe net profit is: 1.70 million yuan to 200 million yuan, compared with the same period of last year, the change range is: 59.63% to 87.81%. Reasons for changes in performance: During the reporting period, the company's performance increased significantly year-on-year. It was mainly affected by the supply and demand situation of the coke industry. The demand for coke was strong and the price increased. The company acquired Jinfu Coal during the reporting period. Great contribution; company management innovation and open source and throttling have achieved remarkable results, rational allocation of raw coal structure to reduce costs, resulting in a substantial increase in the company's performance.
Non-metallic mineral products industry
10 stocks were recommended by the organization
Yesterday, the National Bureau of Statistics released data show that in 2018, the ex-factory price of non-metallic mineral products producers increased by 9.7% year-on-year, ranking third among all major industries.
According to statistics, the Securities Research Center of the Securities Daily found that there were 83 constituent stocks in the non-metallic mineral products industry, and 66 stocks rose in the month, accounting for nearly 80%. Among them, there were 25 stocks with a cumulative increase of more than 5%, Longji (20.01%), Sanxiang New Materials (13.94%), Boyun New Materials (13.26%), Quartz (12.27%), and Guotong ( 11.45%) and Yicheng Xinneng (10.11%) and other 6 stocks were among the top gainers in the month, both exceeding 10%.
In terms of capital flow, a total of 32 constituent stocks have realized a net inflow of large single funds since January, with a total net inflow of 448 million yuan. Among them, Longji shares (18.782 million yuan), quartz shares (37.623 million yuan), Conch cement (356.675 million yuan), Oriental Yuhong (251.988 million yuan), Deli shares (185.663 million yuan), Kun Cai technology (1670.05 million) Yuan), Sanxiang New Materials (144.136 million yuan), Tata Group (128.205 million yuan) and Shandong Pharmaceutical Glass (119.465 million yuan) and other stocks were favored by large single funds of more than 10 million yuan.
Further combing found that 30 listed companies in the industry have disclosed the 2018 annual report performance forecast, and the number of performance pre-history companies is 24, accounting for more than 80%. Among them, Minai (1000.00%), Qinglong Pipe (299.63%), Jidong Cement (204.01%), Wannianqing (170.00%), Tata Group (165.00%), Huaxin Cement (159.00%), Western Construction ( Nine companies such as 150.00%), Beijing Lier (120.00%) and Conch Cement (100.00%) are expected to double their net profit for the full year of 2018.
Judging from the estimated net profit ceiling, there are 17 listed companies with annual profit forecasts of 2018 annual reports, which are expected to reach more than 100 million yuan, including Conch Cement (31.710 billion yuan), Huaxin Cement (5.387 billion yuan), and Jinlu Group (3.4 billion). 7 companies, including Taji Group (1.911 billion yuan), Dongfang Yuhong (1,734 million yuan), Jidong Cement (1.53 billion yuan) and Wannianqing (1,250 million yuan), the full-year profit ceiling for 2018 is expected to exceed 10 100 million yuan shows that it has strong growth.
In terms of institutional ratings, a total of 21 stocks were recommended by the agency in the past 30 days. Specifically, during the period of 10 stocks, such as Sheng Technology, Longji, Kuncai, Dongfang Yuhong, Conch Cement, Huaxin Cement, Tata Group, Resheng Technology, Fuyao Glass, Shandong Pharmaceutical Glass, etc. All of them have reached 3 or above. In addition, 11 companies including Wannianqing, Jidong Cement, Qibin Group, China Jushi, Zhenghai Magnetic Materials, Jinyu Group, Sinoma Technology, Quartz, Suotong Development, Phillips, Beixin Building Materials, etc. It is worthy of attention when the stocks are optimistic about the stocks.
(Article source: Securities Daily)