The number of low-priced stocks is inextricably linked to the overall state of the market and the period in which it is located. Since April, there have been significant differences in funds, risk appetite has fallen, stock indexes have remained weak, and the number of low-priced stocks has also been rising.
According to statistics, the Securities Daily Research Center found that in early April, the number of A shares under 5 yuan in Shanghai and Shenzhen stock markets reached 316. After 10 trading days, as of April 17, the latest closing price of 363 stocks was insufficient. 5 yuan, the number of low-priced shares below 5 yuan increased by 47.
In this regard, industry insiders said that these stocks are low in absolute stock price, have a certain margin of safety, and the valuation repair space is more expected.
Through performance,Cash flowThe three indicators, such as direction and valuation, further combed the 363 stocks whose stock price is below 5 yuan.Xugong Machinery,Guang'an Aizhong,Nangang,Shougang,Yuanxing Energy,Zijiang Enterprise,Xinye Textile,Xiangjiang HoldingsThe advantages of waiting for 8 low-priced stocks are highlighted.
Statistics show that the above 8 low-priced stocks have achieved or are expected to achieve year-on-year growth in net profit in 2017. Among them, six companies including Nangang, Shougang, Yuanxing Energy, Zijiang Enterprise, Xinye Textile and Xiangjiang Holdings have disclosed 2017. Annual report, 2017 net profit increased by 804.73%, 451.33%, 238.76%, 147.81%, 40.84%, 18.30%; Xugong Machinery and Guang'an Aizhong expect 2017 net profit to increase by 403.40%, respectively. 45.2%.
On the occasion of the large-scale disclosure of the current annual report and the quarterly report, the above 8 stocks were favored by large-capital funds during the month of the annual report. Among them, Xugong Machinery accumulated large single funds during the period.Net inflowAt the head of the project, it reached 10,842,200 yuan. Yuanxing Energy followed closely. During the period, the accumulated net inflow of large single funds was 39.978 million yuan. During the period of Nangang, the accumulated net inflow of large single funds was also over 10 million yuan, reaching 16.9888 million yuan. Other low-priced stocks with a net inflow of large single funds during the other five periodsCash flowThe order of entry into the scale is: Guang'an Aizhong (5,543,300 yuan), Shougang (5.48 million yuan), Xiangjiang Holdings (2.651 million yuan), Zijiang Enterprise (2,378,800 yuan), and Xinye Textile (63,160,000 yuan).
In addition, the latest dynamic P/E ratios of the above 8 low-priced stocks are lower than the industry average. The latest dynamic P/E ratios of Nangang, Shougang and Zijiang are lower, 5.99 times, 10.7 times and 12.11 times respectively.
It is worth mentioning that according to the 2017 annual report disclosure, among the above 8 companies whose stock price is less than 5 yuan, three companies including Shougang, Nangang and Xinye Textile will be listed in the list of the top ten tradable shareholders in the fourth quarter of 2017. A body figure appeared. Among them, in the fourth quarter of 2017, the brokerage Xinjin held 151.619 million shares of Xinye Textile; the social security fund held 17.4479 million shares of Nangang; the insurance fund increased the holding operation of Nangang, and the number of shares held after the increase reached 62.544 million. Shares, holding Shougang's shares of 50,229,900 shares. Nangang has obtained the cross-holding of insurance funds and social security funds.