Click to view >>>Three quarterly report
Xiong concept of Jingxian performance stock price "double cattle" shares5 funds Shigekura North Building Materials 5 days floating surplus 136 million yuan
As of last weekend, 28 listed companies announced three quarterly, of which 22 first three quarters of net profit year on year increase, more Ling Steel shares, North New Building Materials and other 10 listed companies performance doubled. "Securities Daily" Fund News Department reporter noted that the concept of the North is the new building materials, is the largest number of shares held by the Fund, the stock rose sharply in April, as of October 13, the stock rose 91.48% , Up 13.15% last week. If last week, the five funds held by the number of new North Building materials has not changed, the floating surplus of 136 million yuan.
It is noteworthy that the China Fund's two funds in the third quarter holdings of the North New Building Materials, the Chinese return mixed and the Chinese return on the 2nd mixed share of 2042.16 million shares and 107.446 million shares, compared with the end of the second quarter increased by 580.09 million shares and 31.33 million shares, accounting for the proportion of outstanding shares were 1.48% and 0.78%. As of October 13, the two funds annual rate of return were 26.48% and 25.91%, only last week to gain 3.6% and 3.84% of the proceeds.
22 stocks in the first three quarters of performance improvement
Fund Shigekura holds 16 stocks
Into October, listed companies three quarterly also opened, as of October 14, A shares of 28 listed companies announced three quarterly, 22 net profit increased year on year, 10 net profit doubled. "Securities Daily" Fund News Department reporter found that in the three quarterly published companies, 16 companies in the top ten tradable shares in the public offering of funds in the figure, of which 13 first three quarters of net profit increased year on year, accounting for performance Increase the proportion of the company was 59.09%, of which the first three quarters of Link Steel's net profit increased by 7120.69%, the highest increase in the listed companies.
The company's three quarterly report shows that two funds appear in the top ten shareholders of the shares of Lingang shares, respectively, for the GF multi-strategy flexible configuration and the growth of flexible supply of Fortis, these two funds are new in the third quarter, respectively Holding Lingang shares of 2519.2 million shares and 871.58 million shares, accounting for outstanding shares were 1.57% and 0.54%. Ling Steel shares rose 5.14% last week, the two funds held by the stock floating 11.896 million yuan surplus.
From the published three quarterly companies, the current number of three tree holdings of funds the largest number of funds held by the total holding 434.15 million shares, accounting for 14.37% of the outstanding shares, but also the highest proportion of fund holdings Stocks. October 14, three trees published three quarterly, the first three quarters of total operating income of 1.717 billion yuan, up 40.68% year on year, net profit of 900,583,300 yuan, up 72.19% year on year. Since October to October 13, three trees rose 10.45%, if the six funds last week, the number of shares held unchanged last week, floating surplus will reach 29.9129 million yuan.
Reporters found that holding three trees in the six funds, there are two Cathay Pacific Fund's funds, respectively, for the Cathay Pacific Golden Eagle growth and flexible configuration of the classic and flexible allocation of Cathay Pacific, the two funds were holding three trees 80.01 million shares And 73.29 million shares, accounting for the proportion of outstanding shares were 2.65% and 2.43%, compared with the end of the second quarter increased by 274,400 shares and 31.29 million shares. Cathay Pacific Golden Eagle growth flexible configuration and Cathay Pacific value classic flexible configuration in this year's earnings quite good, as of October 13, the two funds during the year the yield was 32.13% and 32.18%.
5 fund re - inscription concept
Holding the North New Building materials a week surplus of 136 million yuan
Fund holdings from the number point of view, the North New Building Materials Fund held by the largest number. "Securities Daily" Fund News Department reporter according to the North New Building Materials three quarterly statistics, five funds appeared in the company's top ten tradable shareholders, total holding 6017.97 million shares, accounting for 4.37% of outstanding shares. The company's three quarterly report shows that the first three quarters of this year, the company's total operating income of 8.170 billion yuan, an increase of 38% last year, net profit of 1.565 billion yuan, an increase of 100.01% last year. As the stock, the stock rose sharply in April, as of October 13, the stock rose 91.48% during the year, the stock rose 13.15% last week. If the five funds held by the number of North New building materials unchanged, last week will be floating profit of 136 million yuan.
Reporters observed that the five funds, there are four holdings or new, a reduction. HSBC Jinxin large-cap stocks in the third quarter holdings of 1078.98 million shares, the end of the third quarter, the fund holds 1481.86 million shares of new materials, accounting for 1.08% of outstanding shares. In addition, HSBC Jinxin Fund's another fund, HSBC Jinxin dual-core strategy mixed with the end of the second quarter of North Building materials held 1928.69 million shares, ranked fifth largest shareholder. The end of the third quarter, North Building Materials, the top ten tradable shares did not HSBC Jinxin dual-core strategy mixed figure, the fund has been the rate of clearance of the stock.
Huaxia Fund's two funds are selected to increase holdings of the North New Building Materials, the Chinese return mixed and China's return on the 2nd mixed shares held 2042.16 million shares and 1074.46 million shares, compared with the end of the second quarter increased by 580.09 million shares and 313.3 million shares, accounting for circulation Shares were 1.48% and 0.78% respectively. As of October 13, the two funds during the year the rate of return were 26.48% and 25.91%. Only last week to gain 3.6% and 3.84% yield.
Xing new vision flexible configuration for the third quarter of the new fund, which holds 6,995,000 shares of new building materials, accounting for 0.45% of the outstanding shares. ICBC Credit Suisse Internet shares in the third quarter holdings of North New Building materials 200 million shares, the end of the third quarter, the fund holds 799.99 million shares of the stock, accounting for the proportion of outstanding shares of 0.58%. As of October 13, the two funds during the year rate of return were 12.95% and -7.81%.
259 three quarterly this week baked 500 million yuan a large single influx of 10 results doubled shares
October 10, three quarterly disclosure of the official kicked off to Linggang Steel shares as the representative of the three quarterly results of high growth company stock price trend has been ahead of the reaction. Although the annual report disclosure period of several months different, three quarterly disclosure time is less than 1 month, but because the three quarterly can often predict the company's annual performance, its importance is self-evident, the industry generally believe that 10 Month is the most sure highlights is undoubtedly the three quarterly, especially the performance of a substantial increase in performance than expected stocks, is expected to become the protagonist of the three quarterly market.
"Securities Daily" Market Research Center According to statistics found that this week there will be 259 companies disclosed three quarterly, as of now, there are 199 companies have disclosed three quarterly results notice, of which the number of pre-hi performance companies to 156, Accounting for 78.39%.
From the three quarterly notice of the maximum net profit margin changes, the 156 three quarterly pre-hi companies, 34 companies three quarterly net profit is expected to achieve high growth, net profit year on year increase is expected to double, in addition, nine companies are expected to achieve Three quarterly results turnaround.
Specifically, the 34 quarterly net profit is expected to achieve the same doubled the company, Tianshan shares, Jin Fu Technology, Xuefeng Technology, the Three Gorges new materials and other four companies three quarterly net profit is expected to grow more than 10 times, (912.00%), Ananda (747.82%), Huasheng Tiancheng (650.00%), Moen Electric (535.00%), Chongqing Development (533.61%), Guan Nong shares (500.00%) and other companies three quarterly pre-increase also reached or exceeded 500%.
Hot spot from the recent market point of view, three quarterly results of high growth and more than expected companies have become one of the key areas of capital distribution. Data show that last week, a total of 15 three quarterly net profit is expected to double the stock showed a single single net inflow trend of funds. Specifically, 10 stocks during the cumulative large single fund net inflows are over 10 million yuan, Hisense Kelon accumulated large sums of money during the first single, reaching 171,128,100 yuan, followed by the Tianshan shares, the cumulative large single funds Net inflow of 81.7166 million yuan, Jin Fu technology accumulated a single large net inflow of funds 78.0867 million yuan, in addition, the cumulative large sum of money during the first ultra-10 million yuan stocks are: Xuefeng Technology (66.3345 million yuan), Tibet beads (13.938 million yuan), Ningxia building materials (10,199,300 yuan), the East China (21.853 million yuan), the East China Sheng (18.4135 million yuan), the East Ocean (16,097,800 yuan), the North International (13,318,300 yuan), Ningxia building materials (10,199,300 yuan), the above 10 stocks total large single fund net inflow of about 500 million yuan.
For the highlights of the three quarterly, Sino-Thai Securities believes that the published quarterly results from the notice, the cyclical plate profitability is not bad, after adjustment still have the allocation value, the proposed focus on colored, chemical plate and second-line liquor Shares of the three quarterly market. From the perspective of the industry wheel, look at the market performance of the last few rounds of the market cycle, pharmaceutical biology, electronics, leisure services, electrical equipment, construction and other industries tend to be in the cycle of the end of the season to obtain a good relative income. From the valuation and profit matching point of view, the financial, real estate sector valuation is low, the fund configuration ratio is not high, with a high margin of safety.
Bacheng Pharmaceutical shares three quarterly results reported hi fresh water springs 10 quarter to eat Fosun Pharma
31 active management of the pharmaceutical theme funds, 4 active partial stock pharmaceutical fund annual rate of return of more than 20%
Last week, the pharmaceutical sector ushered in a good, more stocks only continuous daily limit. "Securities Daily" Fund News Department reporter found that as of last Friday, 166 pharmaceutical stocks announced third quarter results notice, of which 130 performance pre-hi, accounting for 78.31%, close to Bacheng. Performance pre-hi shares, 116 second quarter was held by the fund. Pharmaceutical stocks soared at the same time, the medical theme fund also ushered in a long absence rose.
Reporters according to the Eastern wealth study data statistics, excluding the new fund and other thematic funds, the current market has 42 pharmaceutical thematic funds, 11 for the index funds, 31 for the active management of partial shares of the Fund. As of last Friday, the 31 active partial shares of the Fund during the year the average yield of 6.9%, underperform 2.34 percentage points, but there are still four active partial stock pharmaceutical fund annual rate of return of more than 20%, respectively, in the sea medicine and health industry The four countries have annualized yields of 23.59%, 23.52%, 21.46% and 20.71% respectively. The results are as follows: () () () () () () () () () () () () () () () () ()
For the late trend of the pharmaceutical sector, the Southern Fund on the "Securities Daily" Fund News Department reporter said that the fourth quarter is basically a window of performance conversion, the valuation of pharmaceutical switching is more obvious, the fourth quarter earned the performance of the money, the pharmaceutical industry There will be a chance. As for the next year, depending on the overall market situation, because the pharmaceutical industry is a defensive species, if the market is not good, stable pharmaceutical varieties will be the market attention; if the market is active, with innovative stocks, although the valuation is high, the market will give higher Valuation.
Nearly 80% of the performance of pharmaceutical stocks premeditated
Freshwater springs hold Fosun Pharma for 10 quarters
On October 8, the General Office of the CPC Central Committee and the General Office of the State Council issued the Opinions on Deepening the Reform of the Examination and Approval System to Encourage the Innovation of Drugs and Medical Devices in order to promote the structural adjustment and technological innovation of the pharmaceutical medical device industry and enhance the industrial competitiveness. The industry believes that the document is in recent years, a wide range of pharmaceutical coverage, highly important guidance of the important policies for innovative medical devices, CRO, innovative drugs, overseas agents and other segments to bring structural opportunities.
With the good fermentation, A-share market, silence for a long time the pharmaceutical sector also began to rise, which Shen million bio-medicine index rose 4.35% last week, as of last Friday, the index rose 4.36% during the year. Southern Fund on the "Securities Daily" Fund News Department reporter said that the pharmaceutical sector rose and the market funds to the consumption sector into the relevant. Pharmaceutical industry profitability is relatively stable, will not appear as the liquor industry profits soaring situation, so there is due to performance than expected, the probability of a sharp rise in stock prices.
As of last Friday, there have been two pharmaceutical companies published three quarterly, respectively, Qianshan Pharmaceutical and Lemei Pharmaceutical, the two companies in the first three quarters of net profit rose 135.27% and 30.17%. In addition, there are 166 pharmaceutical biotechnology company announced the third quarter results notice, of which 130 performance pre-hi, accounting for 78.31%, close to Bacheng. Performance Pre-hi pharmaceutical stocks, 116 were held in the second quarter by the fund.
"Securities Daily" Fund News Department reporter found that last week there are three pharmaceutical stocks were the main funds to buy, Jiu'an Medical, Fosun Pharma and happy health care last week, the main net inflow of funds were 256 million yuan, 235 million Yuan and 172 million yuan. At the end of the second quarter, the three stocks were 21, 339 and 5 funds held, which Fosun Pharma was 72 funds held by Shigekura. As of last Friday, the three stocks rose -0.13%, 60.41% and 20.14%, respectively, last week rose 46.18%, 7.25% and 49.98%.
According to the Eastern wealth study data statistics, the end of the second quarter, Fosun Pharma was 339 funds total holding 200 million shares, accounting for 10.5% of the outstanding shares. Which holds the largest number of easy to Fonda Fund, the end of the second quarter, easy to square up to 17 funds held by the total 2845.51 million shares, accounting for 1.49% of the outstanding shares. Holding the stock the largest number of funds is the South Fund, the end of the second quarter, the company's 32 funds held a total of 25,526,600 shares of the stock, accounting for 1.34% of the outstanding shares.
In addition, the reporter noted that the well-known private equity fresh water from the first quarter of 2015 held Fosun Pharma, as of the end of the second quarter of this year, freshwater spring selection 1 still holds 1311.68 million shares, accounting for 0.69% The Holding cycle for up to 10 quarters. Fosun Pharma closed at $ 36.67 on Friday, close to the 2015 high of $ 37.96. From the second quarter of 2015 to the last Friday, the stock rose 53.85%. According to statistics, as of last Friday, freshwater spring selection 1 annual rate of return of 26.83%, the end of the first quarter of 2015, the yield is 36.86%.
4 active partial stock medicine fund
Year income over 20%
Not only pharmaceutical stocks on the outlet, the medical theme fund in the last week also has excellent performance. "Securities Daily" Fund News Department reporter According to the Eastern wealth study data statistics, excluding the new fund and other thematic funds, the current market has 42 pharmaceutical thematic funds, of which 11 for the index funds, 31 for the active management of partial stock funds The The 31 active partial stock fund last week, the average yield of 3.81%, outperforming the market 1.57 percentage points. Of which five active partial shares of the fund last week, the yield of over 5%, respectively, the Sino-EU health care mixed, SDIC UBS mixed health care, Harvest health care stocks, China Shipping and Health Industry selected flexible configuration and Bauhinia health care Shanghai Deep stock last week, the yield was 6.02%, 5.78%, 5.71%, 5.59% and 5.05% respectively. As of October 13, the five fund annual rate of return were 23.52%, - 5.88%, 12.54%, 23.59% and 4.95%.
According to the performance of the year, as of October 13, in the case of the overall downturn in the pharmaceutical industry, there are 12 active partial stock pharmaceutical fund fund annual rate of return of more than 10%, of which 4 fund annual rate of more than 20% For the Chinese and Chinese health and health industry selected flexible configuration, CEIBS health care mixed, in the sea health care theme stocks and easy to square up to the health care industry mix, the four fund annual rate of return were 23.59%, 23.52%, 21.46% and 20.71%.
As of last weekend, the South Medicines and Health flexible configuration mixed years of 11% yield, last week's yield of 2.64%. Southern Fund on the "Securities Daily" Fund News Department, said the pharmaceutical industry in the field of more segments, the industry as a whole affected by the larger policy. In the current environment, the chemical price of the larger pressure, valuation is limited; chemical raw materials in the context of environmental protection and production capacity dominated by large companies, investment logic and cyclical industry similar. Brand Chinese medicine profit changes smoothly, with long configuration value. R & D innovation with the ability of the company, the future of the most investment potential.
7 listed car prices only two pre-hi FAW Xiali three quarterly pre-loss of 1.1 billion
According to the China Automobile Association on October 12 released production and sales data, in September, China's auto production and sales were up 27.6% and 23.9% last month, compared with the same period last year, respectively, compared with the same period last year An increase of 5.5% and 5.7%.
With the end of the third quarter, car prices have also officially entered the three quarterly disclosure time. As of the evening of October 15, "Securities Daily" reporter through the Choice financial terminal statistics found that a total of seven listed car prices announced three quarterly notice, including FAW Xiali, hippocampus car, Ankai bus and other three car prices appear different The extent of the loss, JAC and Zhongtong bus performance reduction.
It is noteworthy that the two companies listed on the FAW-line continued performance of the mid-year report, FAW car once again to achieve substantial losses, net profit of 275 million yuan -3.05 billion, while FAW Xiali is expected to lose the first three quarters of 1.095 billion yuan 1.155 billion yuan.
In addition, the first three quarters of China National Heavy Duty Truck profit of 657 million yuan -7.70 billion, an increase of 190% -240%.
FAW car greatly reduced losses
According to the FAW car on the evening of October 13 disclosure of the three quarterly notice shows that the company expects the first three quarters of this year attributable to shareholders of listed companies net profit of 275 million yuan -3.05 billion yuan, a loss of 716 million yuan a year earlier, to achieve year-on-year losses For profit.
Among them, the third quarter profit of 4.54 million yuan to 34.54 million yuan. The company said that in January this year - September, the company achieved vehicle sales of 169,000, an increase of 28.2% over the same period last year. During the reporting period, the company effectively promote the work, and continuously improve product development and marketing capabilities, to achieve its own brand Pentium X40 market breakthrough and cooperation brand dual star models continued selling, operating results to profitability.
It is noteworthy that since August Xu Liuping has been transferred to FAW, FAW Group has been in a fast-paced reform and adjustment process, its existing organizational structure and personnel arrangements have undergone major adjustments. Many people in the industry that experienced the front of the mobilization of FAW Group, ushered in a new development opportunities.
In this process of reform, FAW Car to achieve a better performance. "Securities Daily" reporter noted that in the first half of this year, FAW car to achieve a year-on-year profitability. Its first half revenue of 13.401 billion yuan, an increase of 57.84%, net profit of 270 million yuan, compared with the same period last year loss of 826 million yuan growth of 132.74%.
But compared to FAW cars beautiful "turnaround", FAW Xiali performance is still not satisfactory. According to the evening of October 13 disclosure of the company's performance notice, FAW Xiali is expected the first three quarters of the loss of 1.095 billion yuan to 1.155 billion yuan, a loss of about 825 million yuan a year earlier; the same time, the third quarter loss of 410 million to 470 million Yuan, a loss of about 306 million yuan last year.
And the reported net profit loss of 686 million yuan compared to the data, the first three quarters of the loss again expanded. The company said that the main reason for the loss is the product structure adjustment has not yet been completed, the current product production and marketing scale is low, weak profitability. In addition, due to last year the company transferred the Tianjin FAW Toyota Motor Co., Ltd. 15% stake, resulting in lower shareholding ratio, investment income has decreased.
China's heavy truck profits greatly increased
In addition to the FAW series of two listed companies performance concern, as of October 15 evening, another five listed car prices issued three quarterly notice, of which two pre-loss, two pre-reduction, a pre-hi The
Among them, the hippocampus is expected in the first three quarters of the company's shareholders attributable to listed companies net profit loss of 40 million yuan -9000 million, while the same period last year was profit of 209 million yuan. Third quarter net profit loss of about 64 million yuan to 114 million yuan; basic earnings per share loss of about 0.039 yuan -0.069 yuan.
At the same time, JAC announced that the initial estimates, the first nine months to achieve attributable to shareholders of listed companies net profit compared with the same period last year, will be reduced by about 80%. The company said the main reason for the decline in performance is the decline in new energy vehicle subsidies and passenger car sales decline.
In addition, the current three quarterly notice has been released two bus companies, net profit also appeared in varying degrees of decline.
Among them, Ankai bus is expected to achieve the first three quarters of the company attributable to shareholders of listed companies net profit loss of about 77 million yuan -89 million yuan, of which the third quarter is expected to net profit loss of 48 million yuan -6000 million.
According to the data, the company expects January to September to achieve attributable to the parent company's net profit of about 110 million yuan -1.3 billion, down 71.45% over the same period last year - 75.84%.
China Railway Passenger Bus said that in 2017 the national new energy passenger car subsidy standards significantly reduced by the impact of this policy, the bus industry decline in the larger, the corresponding reduction in orders during the reporting period, resulting in the company in the first three quarters of 2017 operating results fell sharply year on year.
In contrast, China National Heavy Duty Truck is expected to achieve the first three quarters of the same period to rise, according to its announcement data, the company expects the first three quarters of 2017 net profit of 657 million -7.70 billion yuan, compared with 226 million Yuan, an increase of 190% -240%.
The company said that during the reporting period, the heavy truck market maintained a high growth trend, the company's production and sales over the same period last year has been greatly improved. At the same time, the company through product structure optimization and adjustment, to further enhance the management level, continue to play the advantages of enterprises, effectively enhance the profitability.
Non-ferrous metals listed companies three quarterly 80% pre-hi 22 companies expected net profit doubled
With the arrival of the three quarterly disclosure, more and more listed companies began to disclose the third quarter results or performance notice. According to the "Securities Daily" reporter through the Oriental wealth Choice statistics, as of October 15 has 63 non-ferrous metals listed companies issued three quarterly notice, of which two are uncertain, two losses, a slightly reduced, 13 slightly Increase, four losses, a first loss, four continued surplus, two pre-reduction, 33 pre-increase, a deficit. As a result of this, the published non-ferrous metals listed companies have 85.61% of the performance of pre-hi.
From the data point of view, there are 26 non-ferrous metals companies expected third quarter net profit of over 100 million yuan, net profit doubled the company has 22, but it is worth noting that although the third quarter of non-ferrous metals listed companies generally good performance, But there are still four companies a loss, five companies net profit year-on-year decline.
Lithium company performance is impressive
From the specific company situation, the two companies is expected to net lithium industry is still the highest, where Tian Qi Li industry expected the first three quarters of net profit of 1.41 to 1.52 billion yuan, an increase of 26.3%; Gan Feng Li industry expects net profit To 947 million yuan to 1.19 billion yuan, an increase of 145%.
Tian Qi Li industry for the reasons for changes in performance, mainly lithium chemical products increased production and sales of lithium prices led to increased sales of gross margin due. The Ganfeng Lithium industry, said the Australian RIM sponge fossil raw material supply tends to be stable, the company lithium salt production and sales growth, operating performance increased steadily; the company completed the first half of 2017 repurchase cancellation Li Wanchun, Hu Ye Mei shares investment Income of 185 million yuan and received government grants of 40.256 million yuan of funds.
In addition to two lithium companies, the Shenhuo shares in the third quarter net profit is expected to third, net profit of 870 million yuan to 910 million yuan, an increase of 10.26%. The company said that during the reporting period, driven by supply-side reform and other favorable factors to promote the main business of coal, electrolytic aluminum industry rebound, coal products, aluminum prices rose year on year, the main product profitability increased significantly. Coal business sector: As the company under the Xuehu coal mine due to a safety accident occurred in May and discontinued for 3 months, the company under the Xinzhuang coal mine due to August to upgrade to coal and gas outburst mine and discontinued 2 months, resulting in the company's third quarter Coal production and sales chain fell sharply in the second quarter, the company's coal business profitability chain fell sharply. At present, Xuehu coal mine, Xinzhuang coal mine has been August 28, October 2 to resume production. Electrolytic aluminum business sector: the reporting period, by the sharp rise in thermal coal prices and outsourcing power generation coal to increase the impact of factors, the company headquarters to increase the cost of electricity supply, alumina prices rose sharply in the same year, the double factor, the company's aluminum products loss year on year Has increased; despite the alumina prices rose sharply year on year, but the Xinjiang region is still significant energy advantage, Xinjiang Shenhuo Resources Investment Co., Ltd. profitability continued to improve. At the same time, due to the third quarter of electrolytic aluminum prices continued to rise, the company headquarters and Xinjiang electrolytic aluminum business in the third quarter profitability than the second quarter were a substantial increase.
In the net profit growth, the East Zirconium industry is expected to grow 893.64% year on year, the company said that by the upstream raw material prices and the relationship between supply and demand, zirconium industry since the third quarter of 2016, ushered in the industry's initial warmer. At the same time there are research reports, by taking the central enterprises, deep plowing industry. The company with the only independent intellectual property rights nuclear grade sponge zirconium production line to join the central enterprises, a subsidiary of the nuclear group; now has a complete zirconium industry chain, the upper reaches of Australia's high-quality zirconium resources, the middle reaches of the traditional zirconium products are expected to increase the price, Zirconium products and nuclear grade sponge zirconium is the company's future development of the core competitiveness, is currently the company's highest gross margin products, because of its high technical barriers and affected by the industry cycle is small.
4 companies are expected to lose money
Since the beginning of this year, base metal prices are more substantial rise, non-ferrous metal industry is divided into mining, smelting, processing three links in the metal prices rose sharply in the process of picking up the profits will be greatly improved, while the smelting session will depend on smelting Whether the cost of rising, of course, the stock proceeds can be enjoyed, the main part of the processing profit to processing fees, will also share some of the inventory gains. Overall, the sharp rise in metal prices will help the growth of corporate profits, pick up the link more flexible profits.
However, from the three quarterly notice, there are still business losses. Compared with the better performance of the company, refining the stone color, * ST public and, * ST Hua Ze and alloy investment in the first three quarters of the performance is not ideal. Among them, the refining of non-ferrous metals is expected to net profit of 185 million yuan, at the same time, refining the stone is also the highest net profit fell the same year, the company's net profit fell 633.67% year on year. In addition, * ST and the loss of 100 million yuan to 150 million yuan, * ST Huaze loss of 40 million to 50 million yuan, alloy investment loss of 18.6 million yuan to 23.4 million yuan.
For the reasons for the loss, the refining of non-ferrous aspects, the reporting period due to the company's molybdenum mining business continued to stop production, new investment projects have not yet yield benefits, the company acquired Gardner 100% stake in the financing costs, exchange losses, And so on, resulting in the company's first three quarters of 2017 performance loss. * ST and the public said, due to shortage of funds, textile printing and dyeing plate continued losses, high financial costs; mine rehabilitation there is uncertainty. And * ST Huazawa loss reasons, the company in accordance with the facts of the China Securities Regulatory Commission investigation, the amount of funds occupied by the relevant party to confirm the occupation and calculate the amount of funds occupied by the company in January to September this year, a total of interest income of 75,383,400 yuan The Alloy investment, said the report period alloy product sales increased, the price increase, while strengthening management to reduce costs caused. During the reporting period, the amount of loss of subsidiaries decreased.