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Financial commentary
Published on 2017-10-16 03:29:07 Share it web version
                        Last week 28 listed companies announced three quarterly reports, 10 companies doubled in the first three quarters
Source: Securities Daily Editor: Eastern Fortune Network

  Click to view>>>Three quarterly report

  Xiong'an concept surprised the performance of the stock price "double cattle" shares5 funds heavy warehouse Beixin Building Materials 5 days floating profit 136 million yuan

As of the end of last week, 28 listed companies announced three quarterly reports, of which 22 net profit in the first three quarters increased year-on-year, and the performance of 10 listed companies such as Linggang and Beixin Building Materials doubled. "Securities Daily" fund news department reporter noted that Beixin Building Materials, which has the concept of Xiong'an, is the stock with the largest number of funds held. The stock has risen sharply in April. As of October 13, the stock has increased by 91.48% during the year. Last week, it rose by 13.15%. If the five funds holding Beixin Building Materials have not changed last week, they will have a surplus of 136 million yuan.

It is worth noting that two funds of Huaxia Fund increased their holdings of Beixin Building Materials in the third quarter. China Hyundai Revenue Mix and China Reward No. 2 Hybrid held 20.42 million and 10,746,600 shares respectively, an increase of 580,900 shares compared with the end of the second quarter. 3.133 million shares, accounting for 1.48% and 0.78% of the outstanding shares. As of October 13, the two funds had annual yields of 26.48% and 25.91%, respectively, and only 3.6% and 3.84% were earned last week.

  22 stocks improved in the first three quarters

  The fund has a heavy holding of 16 stocks

In October, the third quarterly report of the listed company also kicked off. As of October 14, 28 listed companies in the A-share market announced the third quarterly report, 22 net profit increased year-on-year, and 10 net profit doubled. "Securities Daily" fund news department reporters found that among the companies that announced the third quarterly report, 16 of the top ten tradable shareholders of the company appeared public funds, of which 13 of the first three quarters of net profit increased year-on-year, accounting for performance The proportion of the company increased by 59.09%, of which the net profit of Linggang's first three quarters increased by 710.69% year-on-year, which was the highest listed company.

The company's third quarterly report showed that two funds appeared in the top ten tradable shareholders of Linggang, which were flexible allocation of GF's multi-strategic flexible allocation and Haifutong's revenue growth. These two funds were all new in the third quarter. Holding Linggang's shares was 25.192 million shares and 87.158 million shares, accounting for 1.57% and 0.54% of the outstanding shares. Last week, Linggang shares rose 5.14%, and the two funds held a floating profit of 11.1896 million yuan.

Judging from the companies that have announced the three quarterly reports, Sanshu currently holds the largest number of funds, and the six funds hold a total of 4,415,500 shares, accounting for 14.37% of the outstanding shares, and also the highest proportion of funds held. Individual stocks. On October 14, Sanshu announced the third quarterly report. The total operating income in the first three quarters was 1.17 billion yuan, up 40.68% year-on-year, and the net profit was 900.538 million yuan, up 72.19% year-on-year. From October to October 13, the three trees rose 10.45%. If the six funds held the number of shares last week, the floating profit will reach 2,991,290 yuan last week.

The reporter found that two of the six funds holding three trees are funds under the Cathay Pacific Fund, which are the flexible allocation of Cathay Golden Eagle growth and the flexible allocation of Cathay Pacific value. These two funds hold 80,100 shares of three trees respectively. And 732,900 shares, accounting for 2.65% and 2.43% of the outstanding shares, compared with the end of the second quarter increased by 270,400 shares and 312,900 shares. Cathay Pacific Golden Eagle's flexible deployment and Cathay Pacific's classic flexible allocation have enjoyed good returns this year. As of October 13, the two funds' annual yields were 32.13% and 32.18%, respectively.

  5 funds heavy warehouse concept

  Holding a new building materials, a floating profit of 136 million yuan a week

From the perspective of the number of funds held, Beixin Building Materials is the largest number held by the fund. According to the statistics of Beixin Building Materials Third Quarterly Report, the five funds appeared in the top ten tradable shareholders of the company, holding a total of 60,179,700 shares, accounting for 4.37% of the outstanding shares. The company's third quarterly report shows that the company's total operating income for the first three quarters of this year was 8.107 billion yuan, an increase of 38% over the previous year, and net profit was 1.565 billion yuan, an increase of 100.01% over the previous year. As a Xiong'an concept stock, the stock rose sharply in April. As of October 13, the stock rose 91.48% during the year, and the stock rose 13.15% last week. If the five funds hold Beixin Building Materials has not changed, it will float 136 million yuan last week.

The reporter observed that 4 of the 5 funds were holding or new, and 1 was reduced. HSBC Jinxin's large-cap stocks reduced its holdings by 10.78 million shares in the third quarter. At the end of the third quarter, the fund held 148.86 million shares of Beixin Building Materials, accounting for 1.08% of the outstanding shares. In addition, another fund under the HSBC Jinxin Fund, HSBC Jinxin dual-core strategy mixed at the end of the second quarter held Beixin Building Materials 19,286,900 shares, ranking the fifth largest tradable shareholder. At the end of the third quarter, there were no mixed assets of HSBC Jinxin's dual-core strategy among the top ten tradable shareholders of Beixin Building Materials. The fund has cleared the stock with a high probability.

Huaxia Fund's 2 funds chose to increase its holdings of Beixin Building Materials. Huaxia Revenue Mix and Huaxia Reward 2 Mixed held the shares of 20.42 million and 10,744,600 shares respectively, an increase of 580,900 shares and 3.133 million shares at the end of the second quarter. The share ratio reached 1.48% and 0.78% respectively. As of October 13, the two funds had annual yields of 26.48% and 25.91%, respectively. Only 3.6% and 3.84% yields were achieved last week.

Xingxin's new vision is flexibly configured as a new fund in the third quarter. It holds 6.195 million shares of Beixin Building Materials, accounting for 0.45% of the outstanding shares. ICBC Credit Suisse Internet Plus shares increased its holdings of Beixin Building Materials by 2 million shares in the third quarter. At the end of the third quarter, the fund held 79.999 million shares, accounting for 0.58% of the outstanding shares. As of October 13, the two funds had annual yields of 12.95% and -7.81%, respectively.

  259 third quarterly reports released this week, 500 million yuan inflows into 10 performance doubled shares

On October 10, the disclosure of the three quarterly reports officially kicked off. The three-quarter report, represented by Linggang, reported that the stock price trend of high-growth companies has reacted in advance. Although the disclosure period of the interim report and the annual report is different for several months, the disclosure period of the three quarterly reports is less than one month. However, since the three quarterly reports can often predict the company's annual performance, its importance is self-evident. The industry generally believes that 10 The most certain highlight of the month is undoubtedly the three quarterly reports, especially the stocks with sharp growth in performance and exceeding expectations. It is expected to become the protagonist of the three quarterly quotes.

According to statistics, the Securities Research Center of the Securities Daily found that 259 companies will disclose the third quarterly report this week. Up to now, 199 companies have disclosed the results of the three quarterly reports. Among them, the number of performance pre-history companies has reached 156. Accounted for 78.39%.

From the perspective of the maximum change in the net profit forecast for the three quarterly reports, 34 of the 156 third-quarter newspaper pre-history companies are expected to achieve high growth in net profit in the third quarter, and the net profit is expected to double the year-on-year growth. In addition, 9 companies are expected to achieve The results of the three quarterly reports turned losses into profits.

Specifically, the net profit of the three companies in the three quarterly reports that are expected to double their doubling year-on-year, Tianshan, Jinfu Technology, Xuefeng Technology, Sanxia New Materials and other four companies are expected to increase their net profit by more than 10 times. They are: 6138.52%, 2407.34%, 2088.84%, 1231.00%, while Liuzhou Steel (912.00%), Annada (747.82%), Huasheng Tiancheng (650.00%), Moen Electric (535.00%), 渝 development (533.61%), Guannong shares (500.00%) and other companies in the third quarterly report also increased or exceeded 500%.

Judging from the recent hot spots in the market, the three quarterly reports have achieved high growth and exceeded expectations. The company has become one of the key areas of capital allocation. The data shows that last week, a total of 15 three-quarter net profit is expected to double the number of stocks showing a large net capital inflow situation. Specifically, during the period of 10 individual stocks, the accumulated net inflow of large single funds exceeded 10 million yuan. During the period of Hisense Kelon, the accumulated net inflow of large single funds topped the list, reaching 171.128 million yuan. Tianshan shares followed closely, and accumulated large single funds during the period. The net inflow was 81.17 million yuan. During the period of Jinfu Technology, the accumulated net inflow of large single funds was 78.068 million yuan. In addition, during the period, the accumulated net inflow of large single funds exceeded 10 million yuan: Xuefeng Technology (6633.45 million yuan), Tibet beads Feng (409.385 million yuan), Central South Culture (218.355 million yuan), Dongyi Risheng (184.135 million yuan), Oriental Ocean (160.78 million yuan), Northern International (133.183 million yuan), Ningxia Building Materials (10.993 million yuan), The net inflow of 10 large stocks with a total of about 500 million yuan.

For the highlights of the three quarterly reports, Zhongtai Securities believes that from the announced third-quarter performance forecast, the profitability of the cyclical sector is not bad. After the adjustment, it still has the configuration value. It is recommended to focus on the non-ferrous, chemical and second-line liquors. The stock market's three quarterly quotes. From the perspective of industry rotation, looking back at the market performance of the past few rounds of market endings, pharmaceutical bio, electronics, leisure services, electrical equipment, construction and other industries tend to achieve good relative returns at the end of the cycle. From the perspective of matching valuation and profitability, the financial and real estate sectors are undervalued, the fund allocation ratio is not high, and it has a high margin of safety.

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  Eighty percent of pharmaceutical stocks reported in the third quarter of the report, and the freshwater springs have settled in the 10th quarter.

Among the 31 active-managed pharmaceutical theme funds, 4 active partial-share pharmaceutical funds have annual returns of more than 20%.

Last week, the pharmaceutical sector ushered in positive, and many stocks showed a continuous daily limit. "Securities Daily" fund news department reporter statistics found that as of last Friday, there were 166 medical stocks announced third-quarter performance forecast, of which 130 performance pre-history, accounting for 78.31%, close to 80%. Of the pre-shares in the performance, 116 were held by the fund at the end of the second quarter. At the same time that pharmaceutical stocks soared, the pharmaceutical theme funds also ushered in a long-lost surge.

According to the statistics of Eastern Fortune Choice, the reporter excluded the new fund and other theme funds. Currently, there are 42 medical theme funds on the market, 11 are index funds, and 31 are active management partial stock funds. As of last Friday, the 31 active partial stock funds had an average yield of 6.9% during the year, underperforming the market by 2.34 percentage points, but there were still 4 active partial stock medical funds with annual yields exceeding 20%, respectively. The selection of flexible configuration, China-Europe healthcare mix, China Shipping Healthcare theme stocks and the E Fund health care industry mix, the four funds annual yields were 23.59%, 23.52%, 21.46% and 20.71%.

For the later trend of the pharmaceutical sector, the Southern Fund told the “News Daily” fund news department that the fourth quarter is basically a window of performance conversion, the valuation of pharmaceuticals is more obvious, and the fourth quarter earns money for performance, the pharmaceutical industry. There will be a chance. As for next year, depending on the overall situation of the market, because the pharmaceutical industry is a defensive variety, if the market is not good, the stable varieties of medicine will be concerned by the market; if the market is active, there will be innovative stocks, although the valuation is high, the market will give higher Valuation.

  Nearly 80% of pharmaceutical stocks' performance

  Freshwater Spring holds 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 Pharmaceutical Medical Devices" to promote the structural adjustment and technological innovation of the pharmaceutical medical device industry and improve the industrial competitiveness. The industry believes that this document is an important policy covering a wide range of fields in the medical field in recent years, and will bring structural opportunities for innovative medical devices, CROs, innovative drugs, and overseas formulations.

With the good fermentation, the pharmaceutical sector, which has been quiet for a long time, has begun to pick up. The Shenwan Biomedical Index rose 4.35% last week. As of last Friday, the index rose 4.36% during the year. The Southern Fund told the reporter of the Securities Daily News Department that the rise in the pharmaceutical sector was related to the inflow of market funds to the consumer sector. The profitability of the pharmaceutical industry is relatively stable, and there will be no such thing as a big increase in the profitability of the liquor industry. Therefore, there is little chance that the stock price will rise sharply due to the performance exceeding expectations.

As of last Friday, two pharmaceutical biotech companies have announced three quarterly reports, namely Qianshan Pharmaceutical and Laimei Pharmaceuticals. The net profit of the two companies in the first three quarters increased by 135.27% and 30.17%. In addition, 166 pharmaceutical biotech companies announced third-quarter performance forecasts, of which 130 were pre-history, accounting for 78.31%, close to 80%. Of the pre-history pharmaceutical stocks, 116 were held by the fund at the end of the second quarter.

According to statistics from the Securities Daily News Department, three pharmaceutical stocks were heavily bought by the main fund last week. The net inflows of Jiu'an Medical, Fosun Pharma and Lexin Medical last week were 256 million yuan and 235 million respectively. Yuan and 172 million yuan. At the end of the second quarter, these three stocks were held by 21, 339 and 5 funds respectively, of which Fosun Pharma was held by 72 funds. As of last Friday, the three stocks rose by -0.13%, 60.41% and 20.14% respectively during the year, up 46.18%, 7.25% and 49.98% last week.

According to statistics from Oriental Fortune Choice, at the end of the second quarter, Fosun Pharma held a total of 200 million shares in 339 funds, accounting for 10.5% of the outstanding shares. The largest holdings were E Funds. At the end of the second quarter, E Fund's 17 funds held a total of 28.4551 million shares, accounting for 1.49% of the outstanding shares. The largest number of funds holding the stock is the Southern Fund. At the end of the second quarter, the company's 32 funds held a total of 25,526,600 shares, accounting for 1.34% of the outstanding shares.

In addition, the reporter noted that well-known privately-funded Danshuiquan has been holding Fosun Pharma since the first quarter of 2015. As of the end of the second quarter of this year, Danshuiquan Select Phase 1 still holds 13.16 million shares, accounting for 0.69% of the outstanding shares. . The holding period is up to 10 quarters. Fosun Pharma closed at 36.67 yuan last Friday, close to the 2015 high of 37.96 yuan. From the second quarter of 2015 to last Friday, the stock has risen by 53.85%. According to statistics, as of last Friday, the annual yield of freshwater springs selected in the first phase was 26.83%, and the yield in the first quarter of 2015 was 36.86%.

  4 active partial stock medicine funds

  Over 20% of the year's earnings

Not only did the pharmaceutical stocks stand up, but the pharmaceutical theme fund also had outstanding performance last week. According to the statistics of the Oriental Wealth Choice data, after the exclusion of the new fund and other theme funds, there are currently 42 medical theme funds on the market, 11 of which are index funds and 31 are active management of partial stock funds. . The 31 active partial stock funds had an average yield of 3.81% last week, outperforming the market by 1.57 percentage points. Among them, 5 active partial stock funds last week's yield exceeded 5%, respectively, China-EU Health Care Hybrid, SDIC UBS Healthcare Mix, Harvest Health Care Stock, China Shipping Medicine Health Industry Select Flexible Configuration and Baoying Medical Health Shanghai Port In the deep stocks, the yields last week were 6.02%, 5.78%, 5.71%, 5.59% and 5.05% respectively. As of October 13, the five funds had annual yields of 23.52%, -5.88%, 12.54%, 23.59% and 4.95%, respectively.

According to the performance of the year, as of October 13, in the overall downturn of pharmaceutical stocks, there are also 12 active partial stock medical theme funds with annual yields of more than 10%, of which 4 funds have annual yields of more than 20%, respectively For the selection of China Shipping Medical Health Industry's flexible allocation, China-Europe medical health mix, China Shipping Healthcare theme stock and E Fund's healthcare industry, the four funds' annual yields were 23.59%, 23.52%, 21.46% and 20.71% respectively.

As of the end of last week, the flexible allocation of Southern Medicines and Health has a year-on-year yield of 11%, and last week's rate of return was 2.64%. The Southern Fund told the reporter of the Securities Daily News Department that the pharmaceutical industry has a large number of sub-areas, and the industry as a whole is greatly affected by the policy. In the current environment, chemical products have high price pressures and limited valuations; chemical raw materials are dominant in large companies in the context of environmental protection and production capacity, and investment logic is similar to cyclical industries. The profitability of branded Chinese medicines has changed steadily and has long-term configuration value. Companies with R&D and innovation capabilities have the most investment potential in the future.

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  7 listed car companies only 2 pre-history FAW Xiali three quarterly report pre-loss 1.1 billion yuan

According to the production and sales data released by the China Automobile Association on October 12, China’s automobile production and sales increased by 27.6% and 23.9% respectively from the previous month, compared with the same period of last year. Growth of 5.5% and 5.7%.

With the end of the third quarter, car companies also officially entered the disclosure time of the third quarterly report. As of the evening of October 15, the "Securities Daily" reporter found through the statistics of Choice financial terminal that a total of seven listed car companies announced the third quarterly report, including three auto companies such as FAW Xiali, Haima Automobile and Ankai Bus. The degree of loss, the performance of Jianghuai Automobile and Zhongtong Bus was pre-decreased.

It is worth noting that the two listed companies of FAW continued the performance of the China Daily, and FAW Car once again achieved a sharp turnaround, with net profit of 275 million yuan - 305 million yuan, while FAW Xiali expects a loss of 1.095 billion yuan in the first three quarters. 1.155 billion yuan.

In addition, China National Heavy Duty Truck's net profit for the first three quarters was 657 million yuan to -7 billion yuan, an increase of 190%-240%.

  FAW Car sharply turned losses

According to the three-quarter report disclosed by FAW Car on the evening of October 13, the company expects net profit attributable to shareholders of listed companies in the first three quarters of this year to be 275 million yuan to 305 million yuan, a loss of 716 million yuan in the same period of the previous year. For profit.

Among them, the third quarter profit is expected to be 4.54 million yuan to 34.54 million yuan. According to the company, from January to September this year, the company achieved a total vehicle sales of 169,000 units, an increase of 28.2% over the same period of the previous year. During the reporting period, the company effectively promoted various tasks, continuously improved product development and marketing capabilities, achieved market breakthroughs in the self-owned brand Pentium X40 and continued sales of the co-branded dual-star models, and achieved a turnaround in operating results.

It is worth noting that since Xu Liuping adjusted any steam in August, FAW Group has been in the process of rapid pace of reform and adjustment, and its existing organizational structure and personnel arrangements have undergone major adjustments. Many insiders believe that FAW Group, which has undergone the transfer of its head, has ushered in new development opportunities.

In this reform process, FAW Car achieved a better performance. "Securities Daily" reporter noted that in the first half of this year, FAW Car has achieved a year-on-year turnaround. Its revenue for the first half of the year was 13.401 billion yuan, a year-on-year increase of 57.84%, and net profit was 270 million yuan, an increase of 132.74% from the loss of 826 million yuan in the same period last year.

However, compared with the beautiful “turning over” of FAW Car, the performance of FAW Xiali is still not satisfactory. According to the company's performance forecast released on the evening of October 13, FAW Xiali expects a loss of 1.095 billion yuan to 1.155 billion yuan in the first three quarters, a loss of about 825 million yuan in the same period of the previous year. Meanwhile, the third quarter loss of 410 million yuan to 470 million yuan. Yuan, a loss of about 306 million yuan in the same period last year.

Compared with the data of the net profit loss of 686 million yuan, the loss in the first three quarters has once again expanded. According to the company, the main reason for the loss is that the product structure adjustment has not been completed, and the current production and sales scale of the products is low and the profitability is weak. In addition, as the company transferred a 15% stake in Tianjin FAW Toyota Motor Co., Ltd. last year, the shareholding ratio decreased and investment income decreased.

  China National Heavy Duty Truck's net profit increased

In addition to the performance of the two listed companies in the FAW series, as of the evening of October 15, another five listed car companies released three quarterly reports, two of which were pre-deficit, two were pre-decreased, and one was pre-history. .

Among them, Haima Automobile expects the company's net profit attributable to shareholders of listed companies in the first three quarters to be 40 million-90 million yuan, compared with a profit of 209 million yuan in the same period last year. The third quarter net profit loss was about 64 million yuan to 114 million yuan; the basic earnings per share loss was about 0.039 yuan -0.069 yuan.

At the same time, Jianghuai Automobile announced that it has estimated that the net profit attributable to shareholders of listed companies in the first nine months will be reduced by about 80% compared with the same period of the previous year. According to the company, the main reason for the decline in performance was the decline in subsidies for new energy vehicles and the decline in sales of passenger vehicles.

In addition, the two bus companies that have released the three quarterly reports have also experienced different degrees of decline in net profit.

Among them, Ankai Bus expects the company's net profit loss attributable to shareholders of listed companies in the first three quarters to be about 77 million yuan - 89 million yuan, of which the third quarter expected net profit loss of 48 million yuan - 60 million yuan.

According to the data, the company expects the net profit attributable to the parent company from January to September this year to be about 110 million yuan to 130 million yuan, down 71.45% from the same period of the previous year. 75.84%.

Zhongtong Bus said that the national new energy bus subsidy standard was greatly reduced in 2017. Due to the impact of this policy, the bus industry saw a large decline. During the reporting period, the company's orders decreased correspondingly, resulting in a significant year-on-year decline in the company's operating results in the first three quarters of 2017.

In contrast, China National Heavy Duty Truck Co., Ltd. expects its performance in the first three quarters to increase in the same direction. According to its announcement data, the company's net profit for the first three quarters of 2017 is expected to be 657 million yuan to -7 billion yuan, compared with 226 million in the same period last year. Yuan, an increase of 190%-240%.

The company said that during the reporting period, the heavy truck market maintained a relatively high growth trend, and the company's production and sales volume increased significantly compared with the same period last year. At the same time, the company further improved its management level through product structure optimization and adjustment, and continued to give full play to its advantages and effectively enhanced its profitability.

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  Non-ferrous metals listed company's third quarter report 80% pre-history 22 companies expect doubled net profit

With the advent of the three-quarter disclosure period, more and more listed companies began to disclose third-quarter results or performance forecasts. According to "Securities Daily" reporters through the statistics of Eastern Fortune Choice statistics, as of October 15, 63 non-ferrous metals listed companies have released three quarterly reports, two of which are uncertain, two reduce losses, one slightly reduced, 13 slightly Increase, 4 losses, 1 first loss, 4 continued to increase, 2 pre-reduction, 33 pre-increased, 1 increased losses. Based on this calculation, 85.61% of the non-ferrous metal listed companies that have announced the announcement have achieved a positive performance.

From the data point of view, there are 26 non-ferrous metal companies expecting net profit of over 100 million yuan in the third quarter, and 22 companies with doubled net profit. However, it is worth noting that although the non-ferrous metal listed companies generally performed well in the third quarter, However, there are still four companies that have suffered losses, and the net profit of the five companies has declined year-on-year.

Lithium company has a good performance

From the perspective of specific companies, the estimated net profit of the two lithium companies is still the highest, with Tianqi Lithium expecting net profit for the first three quarters to be 1.41 billion yuan to 1.52 billion yuan, up 26.3% year-on-year; It was 947 million yuan to 1.19 billion yuan, a year-on-year increase of 145%.

Tianqi Lithium said that the reason for the change in performance is mainly due to the increase in production and sales of lithium chemical products and the increase in the sales price of lithium mines. In the Lithium industry, the supply of lithium cherrash raw materials in Australia's RIM company tends to be stable. The production and sales of lithium salt products of the company have increased year-on-year, and the operating results have increased steadily. The company completed the repurchase and cancellation of Li Wanchun and Hu Yemei shares in the first half of 2017. The income was 185 million yuan and received 40.156 million yuan from the government.

In addition to the two lithium companies, Shenhuo’s third-quarter net profit is expected to rank third, with net profit of 870 million yuan to 910 million yuan, a year-on-year increase of 10.26%. According to the company, during the reporting period, driven by favorable policies such as supply-side reforms, the coal and electrolytic aluminum industries in which the main business is located have rebounded. The prices of coal products and aluminum products have increased significantly year-on-year, and the profitability of the main products has increased significantly. Coal business segment: As the company's Xuehu mine stopped production for 3 months due to a safety production accident in May, the company's Xinzhuang coal mine was suspended for 2 months due to upgrading to coal and gas outburst in August, resulting in the company's third quarter. Coal production and sales volume decreased sharply in the second quarter, and the profitability of the company's coal business decreased sharply. At present, Xuehu Coal Mine and Xinzhuang Coal Mine have resumed production on August 28 and October 2, respectively. Electrolytic aluminum business segment: During the reporting period, due to the sharp increase in thermal coal prices and the increase in coal for outsourced power generation, the company's headquarters increased the cost of power supply. Under the double factors of a sharp increase in alumina prices, the company's aluminum products suffered losses. Although the price of alumina has risen sharply year-on-year, the energy advantage in Xinjiang is still obvious, and the profitability of Xinjiang Shenhuo Resources Investment Co., Ltd. continues to increase. At the same time, as the price of electrolytic aluminum continued to rise in the third quarter, the third quarter profitability of the electrolytic aluminum business of the company's headquarters and Xinjiang region increased significantly compared with the second quarter.

In terms of net profit growth, Oriental Zirconium is expected to grow 893.64% year-on-year. The company said that due to the impact of upstream raw material prices and supply and demand, the zirconium industry has ushered in an initial recovery in the industry since the third quarter of 2016. At the same time, there are research reports that the central enterprises are used to deepen the zirconium industry. The company has become a subsidiary of China National Nuclear Corporation with its only independent intellectual property nuclear-grade sponge zirconium production line. It now has a complete zirconium industrial chain, and adds high-quality zirconium resources from Australia. The traditional mid-stream zirconium products are expected to increase in volume and quantity, downstream Zirconium products and nuclear grade sponge zirconium are the core competitiveness of the company's future development. Currently, it is the company's highest gross profit rate. Due to its high technical barriers, it is less affected by the industry cycle.

4 companies expect losses

Since the beginning of this year, the prices of basic metals have risen sharply. The non-ferrous metals industry is divided into three parts: mining, smelting and processing. In the process of sharp rise in metal prices, the profit of mining and selection will be greatly improved, while the smelting will depend on smelting. Whether the cost also rises, of course, the inventory income can be enjoyed, the main profit of the processing link is mainly processing fee, and some stock returns will also be shared. Overall, the sharp rebound in metal prices has contributed to the growth of corporate profits, and the profit elasticity of the mining sector has been greater.

However, from the forecast of the three quarterly reports, there are still losses. Compared with the companies with better performance, the results of the first three quarters of the non-ferrous stone, *ST Zhonghe, *ST Huaze and alloy investment were not satisfactory. Among them, the non-ferrous stone is expected to have a net profit loss of 185 million yuan. At the same time, the non-ferrous stone is also the company with the highest net profit decline, and the company's net profit fell 633.67%. In addition, *ST Zhonghe lost 100 million yuan to 150 million yuan, *ST Huaze lost 40 million yuan to 50 million yuan, and alloy investment loss of 18.6 million yuan to 23.4 million yuan.

Regarding the reasons for the loss, the non-ferrous stone said that during the reporting period, the company’s molybdenum mining and mining business continued to suspend production, and the newly invested projects have not yet produced benefits. In addition, the company’s financing expenses, exchange losses, and intermediary fees incurred for the acquisition of 100% equity of Gardner The increase increased, resulting in a loss in the company's performance in the first three quarters of 2017. *ST Zhonghe said that due to the shortage of funds, the textile printing and dyeing sector continued to suffer losses and high financial costs; there was uncertainty in the resumption of mining. The reason for the loss of *ST Huaze is that the company confirmed the occupation amount of the related party's funds and calculated the interest on the funds according to the facts investigated by the China Securities Regulatory Commission. The company's total interest income from the January-September this year was 75.334 million yuan. . According to the alloy investment, the sales volume of alloy products increased during the reporting period, and the selling price increased, while strengthening management to reduce costs. During the reporting period, the amount of exchange loss of subsidiaries decreased.

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Published on 2017-10-16 07:10:16
                            Niubi
Published on 2017-10-16 07:22:21
                            Great
Published on 2017-10-16 07:25:05
                            Get ready to see it!
Published on 2017-10-16 07:30:58
                            The account is beautiful
Published on 2017-10-16 07:31:31
                            On Monday, we have to go up collectively.
Published on 2017-10-16 07:33:56
                            Start to lose money after listing
Published on 2017-10-16 07:34:11
                            Have been pulled high! Only sent out. Hairy
Published on 2017-10-16 07:38:23
                            Lianhuan Pharmaceutical is a long-term big bull stock
Published on 2017-10-16 07:47:46
                            The market is like a naughty child, always the one who knows him the most.
Published on 2017-10-16 07:51:34
                            Selectively, Wanhua Chemical has grown by more than 200%. Are you selectively blind? Oh, I can only say that the things sent by the media are not reliable.
Published on 2017-10-16 07:54:28
                            Since you announced it, I will go to pick it up today.
Published on 2017-10-16 07:57:21
                            The ten companies are looking for a pick-up in the third quarter, and then the fourth quarter is the same as last year, and the number in the third quarter, which does not require auditing, has been smoothed out. The characteristics of these companies: last year's ultra-low-cost fixed increase, the amount of large price is low, such as the current price of the Three Gorges new material 10 yuan, a fixed increase of 5.95, the number exceeds the circulation, from the previous dividends, is definitely a junk stock. There is also a stock price that has been turned 3 or 4 times, such as the new steel shares. If you want to buy a small piece, you must fast-forward and fast-out. Don't be deeply covered. The situation is wrong. You must also run the meat.
Published on 2017-10-16 08:03:54
                            Saixiang Technology
Published on 2017-10-16 08:05:31
                            Issued to let you pick up.
Published on 2017-10-16 08:09:05
                            Early
Published on 2017-10-16 08:10:49
                            Huijie shares, the first brand of underwear, National Day double 11 e-commerce sales increased significantly, it is worth looking forward to.
Published on 2017-10-16 08:18:24
                            Please trouble you to release the broken one! :
Published on 2017-10-16 08:21:58
Good hard stock :Have been pulled high! Only sent out. Hairy
                            Waiting for
Published on 2017-10-16 08:25:28
                            Looking for someone to pick up
Published on 2017-10-16 08:29:26
Good copper :The ten companies are looking for a pick-up in the third quarter, and then the fourth quarter is the same as last year, and the number in the third quarter, which does not require auditing, has been smoothed out. The characteristics of these companies: last year's ultra-low-cost fixed increase, the amount of large price is low, such as the current price of the Three Gorges new material 10 yuan, a fixed increase of 5.95, the number exceeds the circulation, from the previous dividends, is definitely a junk stock. There is also a stock price that has been turned 3 or 4 times, such as the new steel shares. If you want to buy a small piece, you must fast-forward and fast-out. Don't be deeply covered. The situation is wrong. You must also run the meat.
                            Good words!
Published on 2017-10-16 09:05:27
                            Anxious river, tipping over
Published on 2017-10-16 09:12:59
                            The annual report is not practical, it is not as good as stocks!
Published on 2017-10-16 09:14:35
                            The annual report is not practical, it is not as good as stocks!
Published on 2017-10-16 09:18:54
Performance accounts are all in line with the main low-suction and high-selling, the market has not changed much, but the performance has increased by several times. The old drivers are all aware of the matter.
Published on 2017-10-16 09:23:36
                            Look at the performance stocks, stupid
Published on 2017-10-16 09:25:01
                            000731
Published on 2017-10-16 09:39:23
                            Good morning! !
Published on 2017-10-16 09:41:11
                            After the horse
Published on 2017-10-16 09:46:12
                            Flicker pick up!
Published on 2017-10-16 09:57:49
                            CITIC Bank 601998 is a quality banking stock that has not risen this year. The net assets per share is about 8 yuan, and the earnings per share is about 0.9 yuan. The stock price is only more than 6 yuan, which is seriously lower than the net assets. Major shareholders and institutions hold as much as 98% of the shares, and the actual market capitalization is less than that of all city commercial banks. Value investment can be boldly bought, and there is no risk in the medium and long-term.
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Source: Securities Daily Editor: Eastern Fortune Network

  Click to view>>>Three quarterly report

  Xiong'an concept surprised the performance of the stock price "double cattle" shares5 funds heavy warehouse Beixin Building Materials 5 days floating profit 136 million yuan

As of the end of last week, 28 listed companies announced three quarterly reports, of which 22 net profit in the first three quarters increased year-on-year, and the performance of 10 listed companies such as Linggang and Beixin Building Materials doubled. "Securities Daily" fund news department reporter noted that Beixin Building Materials, which has the concept of Xiong'an, is the stock with the largest number of funds held. The stock has risen sharply in April. As of October 13, the stock has increased by 91.48% during the year. Last week, it rose by 13.15%. If the five funds holding Beixin Building Materials have not changed last week, they will have a surplus of 136 million yuan.

It is worth noting that two funds of Huaxia Fund increased their holdings of Beixin Building Materials in the third quarter. China Hyundai Revenue Mix and China Reward No. 2 Hybrid held 20.42 million and 10,746,600 shares respectively, an increase of 580,900 shares compared with the end of the second quarter. 3.133 million shares, accounting for 1.48% and 0.78% of the outstanding shares. As of October 13, the two funds had annual yields of 26.48% and 25.91%, respectively, and only 3.6% and 3.84% were earned last week.

  22 stocks improved in the first three quarters

  The fund has a heavy holding of 16 stocks

In October, the third quarterly report of the listed company also kicked off. As of October 14, 28 listed companies in the A-share market announced the third quarterly report, 22 net profit increased year-on-year, and 10 net profit doubled. "Securities Daily" fund news department reporters found that among the companies that announced the third quarterly report, 16 of the top ten tradable shareholders of the company appeared public funds, of which 13 of the first three quarters of net profit increased year-on-year, accounting for performance The proportion of the company increased by 59.09%, of which the net profit of Linggang's first three quarters increased by 710.69% year-on-year, which was the highest listed company.

The company's third quarterly report showed that two funds appeared in the top ten tradable shareholders of Linggang, which were flexible allocation of GF's multi-strategic flexible allocation and Haifutong's revenue growth. These two funds were all new in the third quarter. Holding Linggang's shares was 25.192 million shares and 87.158 million shares, accounting for 1.57% and 0.54% of the outstanding shares. Last week, Linggang shares rose 5.14%, and the two funds held a floating profit of 11.1896 million yuan.

Judging from the companies that have announced the three quarterly reports, Sanshu currently holds the largest number of funds, and the six funds hold a total of 4,415,500 shares, accounting for 14.37% of the outstanding shares, and also the highest proportion of funds held. Individual stocks. On October 14, Sanshu announced the third quarterly report. The total operating income in the first three quarters was 1.17 billion yuan, up 40.68% year-on-year, and the net profit was 900.538 million yuan, up 72.19% year-on-year. From October to October 13, the three trees rose 10.45%. If the six funds held the number of shares last week, the floating profit will reach 2,991,290 yuan last week.

The reporter found that two of the six funds holding three trees are funds under the Cathay Pacific Fund, which are the flexible allocation of Cathay Golden Eagle growth and the flexible allocation of Cathay Pacific value. These two funds hold 80,100 shares of three trees respectively. And 732,900 shares, accounting for 2.65% and 2.43% of the outstanding shares, compared with the end of the second quarter increased by 270,400 shares and 312,900 shares. Cathay Pacific Golden Eagle's flexible deployment and Cathay Pacific's classic flexible allocation have enjoyed good returns this year. As of October 13, the two funds' annual yields were 32.13% and 32.18%, respectively.

  5 funds heavy warehouse concept

  Holding a new building materials, a floating profit of 136 million yuan a week

From the perspective of the number of funds held, Beixin Building Materials is the largest number held by the fund. According to the statistics of Beixin Building Materials Third Quarterly Report, the five funds appeared in the top ten tradable shareholders of the company, holding a total of 60,179,700 shares, accounting for 4.37% of the outstanding shares. The company's third quarterly report shows that the company's total operating income for the first three quarters of this year was 8.107 billion yuan, an increase of 38% over the previous year, and net profit was 1.565 billion yuan, an increase of 100.01% over the previous year. As a Xiong'an concept stock, the stock rose sharply in April. As of October 13, the stock rose 91.48% during the year, and the stock rose 13.15% last week. If the five funds hold Beixin Building Materials has not changed, it will float 136 million yuan last week.

The reporter observed that 4 of the 5 funds were holding or new, and 1 was reduced. HSBC Jinxin's large-cap stocks reduced its holdings by 10.78 million shares in the third quarter. At the end of the third quarter, the fund held 148.86 million shares of Beixin Building Materials, accounting for 1.08% of the outstanding shares. In addition, another fund under the HSBC Jinxin Fund, HSBC Jinxin dual-core strategy mixed at the end of the second quarter held Beixin Building Materials 19,286,900 shares, ranking the fifth largest tradable shareholder. At the end of the third quarter, there were no mixed assets of HSBC Jinxin's dual-core strategy among the top ten tradable shareholders of Beixin Building Materials. The fund has cleared the stock with a high probability.

Huaxia Fund's 2 funds chose to increase its holdings of Beixin Building Materials. Huaxia Revenue Mix and Huaxia Reward 2 Mixed held the shares of 20.42 million and 10,744,600 shares respectively, an increase of 580,900 shares and 3.133 million shares at the end of the second quarter. The share ratio reached 1.48% and 0.78% respectively. As of October 13, the two funds had annual yields of 26.48% and 25.91%, respectively. Only 3.6% and 3.84% yields were achieved last week.

Xingxin's new vision is flexibly configured as a new fund in the third quarter. It holds 6.195 million shares of Beixin Building Materials, accounting for 0.45% of the outstanding shares. ICBC Credit Suisse Internet Plus shares increased its holdings of Beixin Building Materials by 2 million shares in the third quarter. At the end of the third quarter, the fund held 79.999 million shares, accounting for 0.58% of the outstanding shares. As of October 13, the two funds had annual yields of 12.95% and -7.81%, respectively.

  259 third quarterly reports released this week, 500 million yuan inflows into 10 performance doubled shares

On October 10, the disclosure of the three quarterly reports officially kicked off. The three-quarter report, represented by Linggang, reported that the stock price trend of high-growth companies has reacted in advance. Although the disclosure period of the interim report and the annual report is different for several months, the disclosure period of the three quarterly reports is less than one month. However, since the three quarterly reports can often predict the company's annual performance, its importance is self-evident. The industry generally believes that 10 The most certain highlight of the month is undoubtedly the three quarterly reports, especially the stocks with sharp growth in performance and exceeding expectations. It is expected to become the protagonist of the three quarterly quotes.

According to statistics, the Securities Research Center of the Securities Daily found that 259 companies will disclose the third quarterly report this week. Up to now, 199 companies have disclosed the results of the three quarterly reports. Among them, the number of performance pre-history companies has reached 156. Accounted for 78.39%.

From the perspective of the maximum change in the net profit forecast for the three quarterly reports, 34 of the 156 third-quarter newspaper pre-history companies are expected to achieve high growth in net profit in the third quarter, and the net profit is expected to double the year-on-year growth. In addition, 9 companies are expected to achieve The results of the three quarterly reports turned losses into profits.

Specifically, the net profit of the three companies in the three quarterly reports that are expected to double their doubling year-on-year, Tianshan, Jinfu Technology, Xuefeng Technology, Sanxia New Materials and other four companies are expected to increase their net profit by more than 10 times. They are: 6138.52%, 2407.34%, 2088.84%, 1231.00%, while Liuzhou Steel (912.00%), Annada (747.82%), Huasheng Tiancheng (650.00%), Moen Electric (535.00%), 渝 development (533.61%), Guannong shares (500.00%) and other companies in the third quarterly report also increased or exceeded 500%.

Judging from the recent hot spots in the market, the three quarterly reports have achieved high growth and exceeded expectations. The company has become one of the key areas of capital allocation. The data shows that last week, a total of 15 three-quarter net profit is expected to double the number of stocks showing a large net capital inflow situation. Specifically, during the period of 10 individual stocks, the accumulated net inflow of large single funds exceeded 10 million yuan. During the period of Hisense Kelon, the accumulated net inflow of large single funds topped the list, reaching 171.128 million yuan. Tianshan shares followed closely, and accumulated large single funds during the period. The net inflow was 81.17 million yuan. During the period of Jinfu Technology, the accumulated net inflow of large single funds was 78.068 million yuan. In addition, during the period, the accumulated net inflow of large single funds exceeded 10 million yuan: Xuefeng Technology (6633.45 million yuan), Tibet beads Feng (409.385 million yuan), Central South Culture (218.355 million yuan), Dongyi Risheng (184.135 million yuan), Oriental Ocean (160.78 million yuan), Northern International (133.183 million yuan), Ningxia Building Materials (10.993 million yuan), The net inflow of 10 large stocks with a total of about 500 million yuan.

For the highlights of the three quarterly reports, Zhongtai Securities believes that from the announced third-quarter performance forecast, the profitability of the cyclical sector is not bad. After the adjustment, it still has the configuration value. It is recommended to focus on the non-ferrous, chemical and second-line liquors. The stock market's three quarterly quotes. From the perspective of industry rotation, looking back at the market performance of the past few rounds of market endings, pharmaceutical bio, electronics, leisure services, electrical equipment, construction and other industries tend to achieve good relative returns at the end of the cycle. From the perspective of matching valuation and profitability, the financial and real estate sectors are undervalued, the fund allocation ratio is not high, and it has a high margin of safety.

[PAGE default page 1]

  Eighty percent of pharmaceutical stocks reported in the third quarter of the report, and the freshwater springs have settled in the 10th quarter.

Among the 31 active-managed pharmaceutical theme funds, 4 active partial-share pharmaceutical funds have annual returns of more than 20%.

Last week, the pharmaceutical sector ushered in positive, and many stocks showed a continuous daily limit. "Securities Daily" fund news department reporter statistics found that as of last Friday, there were 166 medical stocks announced third-quarter performance forecast, of which 130 performance pre-history, accounting for 78.31%, close to 80%. Of the pre-shares in the performance, 116 were held by the fund at the end of the second quarter. At the same time that pharmaceutical stocks soared, the pharmaceutical theme funds also ushered in a long-lost surge.

According to the statistics of Eastern Fortune Choice, the reporter excluded the new fund and other theme funds. Currently, there are 42 medical theme funds on the market, 11 are index funds, and 31 are active management partial stock funds. As of last Friday, the 31 active partial stock funds had an average yield of 6.9% during the year, underperforming the market by 2.34 percentage points, but there were still 4 active partial stock medical funds with annual yields exceeding 20%, respectively. The selection of flexible configuration, China-Europe healthcare mix, China Shipping Healthcare theme stocks and the E Fund health care industry mix, the four funds annual yields were 23.59%, 23.52%, 21.46% and 20.71%.

For the later trend of the pharmaceutical sector, the Southern Fund told the “News Daily” fund news department that the fourth quarter is basically a window of performance conversion, the valuation of pharmaceuticals is more obvious, and the fourth quarter earns money for performance, the pharmaceutical industry. There will be a chance. As for next year, depending on the overall situation of the market, because the pharmaceutical industry is a defensive variety, if the market is not good, the stable varieties of medicine will be concerned by the market; if the market is active, there will be innovative stocks, although the valuation is high, the market will give higher Valuation.

  Nearly 80% of pharmaceutical stocks' performance

  Freshwater Spring holds 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 Pharmaceutical Medical Devices" to promote the structural adjustment and technological innovation of the pharmaceutical medical device industry and improve the industrial competitiveness. The industry believes that this document is an important policy covering a wide range of fields in the medical field in recent years, and will bring structural opportunities for innovative medical devices, CROs, innovative drugs, and overseas formulations.

With the good fermentation, the pharmaceutical sector, which has been quiet for a long time, has begun to pick up. The Shenwan Biomedical Index rose 4.35% last week. As of last Friday, the index rose 4.36% during the year. The Southern Fund told the reporter of the Securities Daily News Department that the rise in the pharmaceutical sector was related to the inflow of market funds to the consumer sector. The profitability of the pharmaceutical industry is relatively stable, and there will be no such thing as a big increase in the profitability of the liquor industry. Therefore, there is little chance that the stock price will rise sharply due to the performance exceeding expectations.

As of last Friday, two pharmaceutical biotech companies have announced three quarterly reports, namely Qianshan Pharmaceutical and Laimei Pharmaceuticals. The net profit of the two companies in the first three quarters increased by 135.27% and 30.17%. In addition, 166 pharmaceutical biotech companies announced third-quarter performance forecasts, of which 130 were pre-history, accounting for 78.31%, close to 80%. Of the pre-history pharmaceutical stocks, 116 were held by the fund at the end of the second quarter.

According to statistics from the Securities Daily News Department, three pharmaceutical stocks were heavily bought by the main fund last week. The net inflows of Jiu'an Medical, Fosun Pharma and Lexin Medical last week were 256 million yuan and 235 million respectively. Yuan and 172 million yuan. At the end of the second quarter, these three stocks were held by 21, 339 and 5 funds respectively, of which Fosun Pharma was held by 72 funds. As of last Friday, the three stocks rose by -0.13%, 60.41% and 20.14% respectively during the year, up 46.18%, 7.25% and 49.98% last week.

According to statistics from Oriental Fortune Choice, at the end of the second quarter, Fosun Pharma held a total of 200 million shares in 339 funds, accounting for 10.5% of the outstanding shares. The largest holdings were E Funds. At the end of the second quarter, E Fund's 17 funds held a total of 28.4551 million shares, accounting for 1.49% of the outstanding shares. The largest number of funds holding the stock is the Southern Fund. At the end of the second quarter, the company's 32 funds held a total of 25,526,600 shares, accounting for 1.34% of the outstanding shares.

In addition, the reporter noted that well-known privately-funded Danshuiquan has been holding Fosun Pharma since the first quarter of 2015. As of the end of the second quarter of this year, Danshuiquan Select Phase 1 still holds 13.16 million shares, accounting for 0.69% of the outstanding shares. . The holding period is up to 10 quarters. Fosun Pharma closed at 36.67 yuan last Friday, close to the 2015 high of 37.96 yuan. From the second quarter of 2015 to last Friday, the stock has risen by 53.85%. According to statistics, as of last Friday, the annual yield of freshwater springs selected in the first phase was 26.83%, and the yield in the first quarter of 2015 was 36.86%.

  4 active partial stock medicine funds

  Over 20% of the year's earnings

Not only did the pharmaceutical stocks stand up, but the pharmaceutical theme fund also had outstanding performance last week. According to the statistics of the Oriental Wealth Choice data, after the exclusion of the new fund and other theme funds, there are currently 42 medical theme funds on the market, 11 of which are index funds and 31 are active management of partial stock funds. . The 31 active partial stock funds had an average yield of 3.81% last week, outperforming the market by 1.57 percentage points. Among them, 5 active partial stock funds last week's yield exceeded 5%, respectively, China-EU Health Care Hybrid, SDIC UBS Healthcare Mix, Harvest Health Care Stock, China Shipping Medicine Health Industry Select Flexible Configuration and Baoying Medical Health Shanghai Port In the deep stocks, the yields last week were 6.02%, 5.78%, 5.71%, 5.59% and 5.05% respectively. As of October 13, the five funds had annual yields of 23.52%, -5.88%, 12.54%, 23.59% and 4.95%, respectively.

According to the performance of the year, as of October 13, in the overall downturn of pharmaceutical stocks, there are also 12 active partial stock medical theme funds with annual yields of more than 10%, of which 4 funds have annual yields of more than 20%, respectively For the selection of China Shipping Medical Health Industry's flexible allocation, China-Europe medical health mix, China Shipping Healthcare theme stock and E Fund's healthcare industry, the four funds' annual yields were 23.59%, 23.52%, 21.46% and 20.71% respectively.

As of the end of last week, the flexible allocation of Southern Medicines and Health has a year-on-year yield of 11%, and last week's rate of return was 2.64%. The Southern Fund told the reporter of the Securities Daily News Department that the pharmaceutical industry has a large number of sub-areas, and the industry as a whole is greatly affected by the policy. In the current environment, chemical products have high price pressures and limited valuations; chemical raw materials are dominant in large companies in the context of environmental protection and production capacity, and investment logic is similar to cyclical industries. The profitability of branded Chinese medicines has changed steadily and has long-term configuration value. Companies with R&D and innovation capabilities have the most investment potential in the future.

[PAGE default page 2]

  7 listed car companies only 2 pre-history FAW Xiali three quarterly report pre-loss 1.1 billion yuan

According to the production and sales data released by the China Automobile Association on October 12, China’s automobile production and sales increased by 27.6% and 23.9% respectively from the previous month, compared with the same period of last year. Growth of 5.5% and 5.7%.

With the end of the third quarter, car companies also officially entered the disclosure time of the third quarterly report. As of the evening of October 15, the "Securities Daily" reporter found through the statistics of Choice financial terminal that a total of seven listed car companies announced the third quarterly report, including three auto companies such as FAW Xiali, Haima Automobile and Ankai Bus. The degree of loss, the performance of Jianghuai Automobile and Zhongtong Bus was pre-decreased.

It is worth noting that the two listed companies of FAW continued the performance of the China Daily, and FAW Car once again achieved a sharp turnaround, with net profit of 275 million yuan - 305 million yuan, while FAW Xiali expects a loss of 1.095 billion yuan in the first three quarters. 1.155 billion yuan.

In addition, China National Heavy Duty Truck's net profit for the first three quarters was 657 million yuan to -7 billion yuan, an increase of 190%-240%.

  FAW Car sharply turned losses

According to the three-quarter report disclosed by FAW Car on the evening of October 13, the company expects net profit attributable to shareholders of listed companies in the first three quarters of this year to be 275 million yuan to 305 million yuan, a loss of 716 million yuan in the same period of the previous year. For profit.

Among them, the third quarter profit is expected to be 4.54 million yuan to 34.54 million yuan. According to the company, from January to September this year, the company achieved a total vehicle sales of 169,000 units, an increase of 28.2% over the same period of the previous year. During the reporting period, the company effectively promoted various tasks, continuously improved product development and marketing capabilities, achieved market breakthroughs in the self-owned brand Pentium X40 and continued sales of the co-branded dual-star models, and achieved a turnaround in operating results.

It is worth noting that since Xu Liuping adjusted any steam in August, FAW Group has been in the process of rapid pace of reform and adjustment, and its existing organizational structure and personnel arrangements have undergone major adjustments. Many insiders believe that FAW Group, which has undergone the transfer of its head, has ushered in new development opportunities.

In this reform process, FAW Car achieved a better performance. "Securities Daily" reporter noted that in the first half of this year, FAW Car has achieved a year-on-year turnaround. Its revenue for the first half of the year was 13.401 billion yuan, a year-on-year increase of 57.84%, and net profit was 270 million yuan, an increase of 132.74% from the loss of 826 million yuan in the same period last year.

However, compared with the beautiful “turning over” of FAW Car, the performance of FAW Xiali is still not satisfactory. According to the company's performance forecast released on the evening of October 13, FAW Xiali expects a loss of 1.095 billion yuan to 1.155 billion yuan in the first three quarters, a loss of about 825 million yuan in the same period of the previous year. Meanwhile, the third quarter loss of 410 million yuan to 470 million yuan. Yuan, a loss of about 306 million yuan in the same period last year.

Compared with the data of the net profit loss of 686 million yuan, the loss in the first three quarters has once again expanded. According to the company, the main reason for the loss is that the product structure adjustment has not been completed, and the current production and sales scale of the products is low and the profitability is weak. In addition, as the company transferred a 15% stake in Tianjin FAW Toyota Motor Co., Ltd. last year, the shareholding ratio decreased and investment income decreased.

  China National Heavy Duty Truck's net profit increased

In addition to the performance of the two listed companies in the FAW series, as of the evening of October 15, another five listed car companies released three quarterly reports, two of which were pre-deficit, two were pre-decreased, and one was pre-history. .

Among them, Haima Automobile expects the company's net profit attributable to shareholders of listed companies in the first three quarters to be 40 million-90 million yuan, compared with a profit of 209 million yuan in the same period last year. The third quarter net profit loss was about 64 million yuan to 114 million yuan; the basic earnings per share loss was about 0.039 yuan -0.069 yuan.

At the same time, Jianghuai Automobile announced that it has estimated that the net profit attributable to shareholders of listed companies in the first nine months will be reduced by about 80% compared with the same period of the previous year. According to the company, the main reason for the decline in performance was the decline in subsidies for new energy vehicles and the decline in sales of passenger vehicles.

In addition, the two bus companies that have released the three quarterly reports have also experienced different degrees of decline in net profit.

Among them, Ankai Bus expects the company's net profit loss attributable to shareholders of listed companies in the first three quarters to be about 77 million yuan - 89 million yuan, of which the third quarter expected net profit loss of 48 million yuan - 60 million yuan.

According to the data, the company expects the net profit attributable to the parent company from January to September this year to be about 110 million yuan to 130 million yuan, down 71.45% from the same period of the previous year. 75.84%.

Zhongtong Bus said that the national new energy bus subsidy standard was greatly reduced in 2017. Due to the impact of this policy, the bus industry saw a large decline. During the reporting period, the company's orders decreased correspondingly, resulting in a significant year-on-year decline in the company's operating results in the first three quarters of 2017.

In contrast, China National Heavy Duty Truck Co., Ltd. expects its performance in the first three quarters to increase in the same direction. According to its announcement data, the company's net profit for the first three quarters of 2017 is expected to be 657 million yuan to -7 billion yuan, compared with 226 million in the same period last year. Yuan, an increase of 190%-240%.

The company said that during the reporting period, the heavy truck market maintained a relatively high growth trend, and the company's production and sales volume increased significantly compared with the same period last year. At the same time, the company further improved its management level through product structure optimization and adjustment, and continued to give full play to its advantages and effectively enhanced its profitability.

[PAGE default page 3]

  Non-ferrous metals listed company's third quarter report 80% pre-history 22 companies expect doubled net profit

With the advent of the three-quarter disclosure period, more and more listed companies began to disclose third-quarter results or performance forecasts. According to "Securities Daily" reporters through the statistics of Eastern Fortune Choice statistics, as of October 15, 63 non-ferrous metals listed companies have released three quarterly reports, two of which are uncertain, two reduce losses, one slightly reduced, 13 slightly Increase, 4 losses, 1 first loss, 4 continued to increase, 2 pre-reduction, 33 pre-increased, 1 increased losses. Based on this calculation, 85.61% of the non-ferrous metal listed companies that have announced the announcement have achieved a positive performance.

From the data point of view, there are 26 non-ferrous metal companies expecting net profit of over 100 million yuan in the third quarter, and 22 companies with doubled net profit. However, it is worth noting that although the non-ferrous metal listed companies generally performed well in the third quarter, However, there are still four companies that have suffered losses, and the net profit of the five companies has declined year-on-year.

Lithium company has a good performance

From the perspective of specific companies, the estimated net profit of the two lithium companies is still the highest, with Tianqi Lithium expecting net profit for the first three quarters to be 1.41 billion yuan to 1.52 billion yuan, up 26.3% year-on-year; It was 947 million yuan to 1.19 billion yuan, a year-on-year increase of 145%.

Tianqi Lithium said that the reason for the change in performance is mainly due to the increase in production and sales of lithium chemical products and the increase in the sales price of lithium mines. In the Lithium industry, the supply of lithium cherrash raw materials in Australia's RIM company tends to be stable. The production and sales of lithium salt products of the company have increased year-on-year, and the operating results have increased steadily. The company completed the repurchase and cancellation of Li Wanchun and Hu Yemei shares in the first half of 2017. The income was 185 million yuan and received 40.156 million yuan from the government.

In addition to the two lithium companies, Shenhuo’s third-quarter net profit is expected to rank third, with net profit of 870 million yuan to 910 million yuan, a year-on-year increase of 10.26%. According to the company, during the reporting period, driven by favorable policies such as supply-side reforms, the coal and electrolytic aluminum industries in which the main business is located have rebounded. The prices of coal products and aluminum products have increased significantly year-on-year, and the profitability of the main products has increased significantly. Coal business segment: As the company's Xuehu mine stopped production for 3 months due to a safety production accident in May, the company's Xinzhuang coal mine was suspended for 2 months due to upgrading to coal and gas outburst in August, resulting in the company's third quarter. Coal production and sales volume decreased sharply in the second quarter, and the profitability of the company's coal business decreased sharply. At present, Xuehu Coal Mine and Xinzhuang Coal Mine have resumed production on August 28 and October 2, respectively. Electrolytic aluminum business segment: During the reporting period, due to the sharp increase in thermal coal prices and the increase in coal for outsourced power generation, the company's headquarters increased the cost of power supply. Under the double factors of a sharp increase in alumina prices, the company's aluminum products suffered losses. Although the price of alumina has risen sharply year-on-year, the energy advantage in Xinjiang is still obvious, and the profitability of Xinjiang Shenhuo Resources Investment Co., Ltd. continues to increase. At the same time, as the price of electrolytic aluminum continued to rise in the third quarter, the third quarter profitability of the electrolytic aluminum business of the company's headquarters and Xinjiang region increased significantly compared with the second quarter.

In terms of net profit growth, Oriental Zirconium is expected to grow 893.64% year-on-year. The company said that due to the impact of upstream raw material prices and supply and demand, the zirconium industry has ushered in an initial recovery in the industry since the third quarter of 2016. At the same time, there are research reports that the central enterprises are used to deepen the zirconium industry. The company has become a subsidiary of China National Nuclear Corporation with its only independent intellectual property nuclear-grade sponge zirconium production line. It now has a complete zirconium industrial chain, and adds high-quality zirconium resources from Australia. The traditional mid-stream zirconium products are expected to increase in volume and quantity, downstream Zirconium products and nuclear grade sponge zirconium are the core competitiveness of the company's future development. Currently, it is the company's highest gross profit rate. Due to its high technical barriers, it is less affected by the industry cycle.

4 companies expect losses

Since the beginning of this year, the prices of basic metals have risen sharply. The non-ferrous metals industry is divided into three parts: mining, smelting and processing. In the process of sharp rise in metal prices, the profit of mining and selection will be greatly improved, while the smelting will depend on smelting. Whether the cost also rises, of course, the inventory income can be enjoyed, the main profit of the processing link is mainly processing fee, and some stock returns will also be shared. Overall, the sharp rebound in metal prices has contributed to the growth of corporate profits, and the profit elasticity of the mining sector has been greater.

However, from the forecast of the three quarterly reports, there are still losses. Compared with the companies with better performance, the results of the first three quarters of the non-ferrous stone, *ST Zhonghe, *ST Huaze and alloy investment were not satisfactory. Among them, the non-ferrous stone is expected to have a net profit loss of 185 million yuan. At the same time, the non-ferrous stone is also the company with the highest net profit decline, and the company's net profit fell 633.67%. In addition, *ST Zhonghe lost 100 million yuan to 150 million yuan, *ST Huaze lost 40 million yuan to 50 million yuan, and alloy investment loss of 18.6 million yuan to 23.4 million yuan.

Regarding the reasons for the loss, the non-ferrous stone said that during the reporting period, the company’s molybdenum mining and mining business continued to suspend production, and the newly invested projects have not yet produced benefits. In addition, the company’s financing expenses, exchange losses, and intermediary fees incurred for the acquisition of 100% equity of Gardner The increase increased, resulting in a loss in the company's performance in the first three quarters of 2017. *ST Zhonghe said that due to the shortage of funds, the textile printing and dyeing sector continued to suffer losses and high financial costs; there was uncertainty in the resumption of mining. The reason for the loss of *ST Huaze is that the company confirmed the occupation amount of the related party's funds and calculated the interest on the funds according to the facts investigated by the China Securities Regulatory Commission. The company's total interest income from the January-September this year was 75.334 million yuan. . According to the alloy investment, the sales volume of alloy products increased during the reporting period, and the selling price increased, while strengthening management to reduce costs. During the reporting period, the amount of exchange loss of subsidiaries decreased.

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