With the end of the disclosure of the three quarterly reports, the market's vision has been aimed at the 2018 annual report, and almost all of the small and medium-sized boards that disclose the performance forecast are no different. According to statistics, 914 of the 919 small and medium-sized board companies have disclosed the annual report performance forecast, of which 662 companies are pre-happy, accounting for 72.43%. In addition, the performance of 145 companies is expected to double.
More than 70% of the small and medium-sized board companies annual report pre-history
With the end of the disclosure of the three quarterly reports of listed companies, the market's vision has been aimed at the 2018 annual report. According to statistics, as of November 7, 1,198 companies in the Shanghai and Shenzhen stock markets announced the 2018 annual performance forecast. Among them, small and medium-sized board companies occupy the vast majority.
Statistics show that among the 919 small and medium-sized listed companies, except for Guoxin Securities (002736), Huaxi Securities (002926), Shanxi Securities (002500) and other five companies "have no indication", the other 914 companies have disclosed the performance forecast. 6649 companies pre-history, accounting for 72.43%. In other words, more than 70% of the small and medium-sized board companies' performance in 2018 is a good news.
Among the pre-history companies, 195 were classified as “pre-increased”, 263 were “slightly increased”, 158 were “continued”, and 46 were “turned off”. Among them, Zhongke New Materials (002290), Sante Cableway (002159), Tianrun Digital Entertainment (002113), Chuanrun Shares (002272), and Yanai Shares (002225) are expected to achieve net profit growth of 5 companies. Ten times more.
Zhongke New Materials, which has the largest pre-increased growth, is expected to achieve a net profit of RMB 87,734,400 to RMB 91,912,200 in 2018, an increase of 3600.00% to 3750.00%. According to the company's introduction, there are two main reasons for the change in performance: 1. The large amount of available-for-sale financial assets in 2017 will result in a lower net profit base in 2017; 2, 2018 appliance appearance composite materials business and commercial factoring business Both have increased slightly.
In addition, Guangzheng Group (002524), Jerry Group (002353), Tongda Power (002576), Guochuang High-tech (002377), Weihua (002240), Yunnan Tourism (002059), Diou Home (002798), Dongjing 11 companies such as Electronics (002199), Amarton (002623), Shenzhen Huicheng (002168) and Yalian Development (002316) are expected to achieve net profit growth of 500% or more. In addition, the performance of 129 companies is also expected to double, and the number of companies that are expected to double their performance in 2018 is expected to reach 145.
Among the companies with declining performance, Yuanwang Valley (002161), Young Eagle Farming (002477), Renzhi (002629), Visionox (002387), Ningbo Dongli (002164), Tuowei Information (002261), Tongzhou Electronics (002052), Shuangcheng Pharmaceutical (002693), Dagang (002077), Jinlaite (002723), ST Zhunyou (002207) and Baomo (002476) expect a net profit decline of more than 1000 in 2018. %.
More than 80% of the company's performance is expected to "double increase"
In terms of net profit, Hikvision (002415) and Ningbo Bank (002142) expect net profit of more than 10 billion yuan in 2018. Among them, Hikvision expects a net profit of 10.352 billion yuan to 12.234 billion yuan in 2018, an increase of 10% to 30%; Ningbo Bank expects a net profit of 10.267 billion yuan to 11.667 billion yuan, an increase of 10% to 25%.
It is worth mentioning that this is the first time since the small and medium-sized board made a board that the company has achieved a net profit of over 10 billion yuan. In addition, Yanghe (002304), Sangang Shuguang (002110), Rongsheng Development (002146), Suning Tesco (002024), Focus Media (002027), SF Holdings (002352), Zhengzhou Bank (002936), Gold 72 companies such as Wind Technology (002202) expect net profit in 2018 to reach or exceed 1 billion yuan.
Among the pre-loss companies, there were 4 “increased losses” and 49 “first losses”. Among them, Ningbo Dongli (002164), *ST Huaxin (002018), Young Eagle Farming (002477), Mengshi Technology (002684), Hengkang Medical (002219), Tuowei Information (002261), Shanghai Lai Shi (002252) ), Liyuan Refining (002501) and Yin Ji Media (002143), the nine companies expect a net loss of more than 1 billion yuan in 2018.
From the perspective of the pre-increased performance, small and medium-sized listed companies have seen a lot of performance in 2018, which is both a year-on-year increase and a good double-digit increase in the semi-annual report. According to the data, 532 of the 662 pre-happy companies in the small and medium-sized board are expected to achieve a year-on-year and quarter-on-quarter growth, accounting for 80.36%. Among them, 273 companies expect net profit in 2018 to reach or exceed 30% year-on-year, and 59 companies expect to double the previous year.
Among them, Yunnan Tourism (002059), Oriental Zirconium (002167), Mengjie (002397), Qingqing Liquor (002646), Huafeng (002806), Guangzheng Group (002524), Dakang Agriculture (002505), The eight companies of Aikang Technology (002610) expect annual net profit to increase by over 200% year-on-year. Among them, Yunnan tourism is expected to grow by more than 500% year-on-year.
Yunnan's tourism net profit was 460 million yuan to 490 million yuan, an increase of 542.95% to 584.88%. According to the company's net profit for the first three quarters of 2,243,500, the net profit in the fourth quarter increased by 4,3451.56%-4,6293.93%.
From the perspective of the pre-increased growth rate, Zhongke Jincai (002657), Yunnan Tourism, Rongzhilian (002642), Oriental Zirconium, Huasi (002494), Boyun New Materials (002297), Mengjie ( 002397), *ST Fangu (002194), Sanfu Outdoor (002780), the 14 companies have a maximum increase of more than 10 times. The maximum pre-increased ring ratios were 72923.57%, 46293.93%, 5076.73%, 2849.24%, 2717.04%, 1661.76%, 1497.43%, 1427.08%, and 1357.01%, respectively.
Analysts pointed out that although the overall valuation of SME is not cheap, the valuation of some growth leaders represented by small and medium-sized enterprises is largely digested. In the medium and long term, the trend of new and old kinetic energy switching trends, the policy to increase support for new technologies, new industries, new formats, new models, clear, high-quality new economic companies will be more recognized by the A-share market, future earnings expectations and liquidity The expected improvement further promotes the growth of the stock market.
(Article source: Investment Express)