At present, the performance forecast of listed companies has become one of the focuses of investors. At present, 50 A-share listed companies have released performance forecasts for the first half of 2022, and more than half of the companies expect their performance in the first half of the year to increase year-on-year.A reporter from China Securities Journal sorted out the list of institutional investors of companies with larger performance growth and found that public funds have already held some blue-chip stocks in advance.
Most companies perform well
The first half of 2022 is about to come to an end, and A-share listed companies have begun to disclose their performance forecasts for the first half of the year.According to the data, as of press time on June 27, a total of 50 listed companies have disclosed their performance forecasts for the first half of the year.
In terms of net profit data, among the 50 companies that have disclosed performance forecasts, 49 companies are expected to achieve positive returns in the first half of the year.Among them, there are 5 companies whose net profit is expected to exceed 1 billion yuan.
Among the companies that have disclosed performance forecasts, Guanghui Energy is expected to achieve the most net profit in the first half of the year, with an estimated net profit of 5.063 billion yuan to 5.163 billion yuan, an increase of 259.85%-266.95% year-on-year.
In terms of net profit growth rate, it is expected that in the first half of 2022, there will be 31 companies with a positive net profit growth rate, accounting for more than half.Among them, 23 companies are expected to exceed the lower limit of net profit growth rate of 10%, and 12 companies are expected to exceed 100%.
Both Shengxin Lithium Energy and Yahua Group expect the lower limit of net profit growth to exceed 500%, which is the fastest net profit growth among companies that have disclosed performance forecasts.Among them, Shengxin Lithium Energy expects a year-on-year increase of 793.90%-897.04% in net profit in the first half of the year, and is expected to achieve a net profit of 2.600 billion yuan to 2.900 billion yuan; Yahua Group expects a year-on-year increase of 542.79%-618.52% in net profit in the first half of the year, and is expected to achieve a net profit of 2.600 billion yuan to 2.900 billion yuan. Profits were 2.122 billion yuan to 2.372 billion yuan.
From an industry perspective, among the companies that have disclosed performance forecasts, the companies with faster net profit growth are mostly in the new energy, chemical, machinery and other industries.
Fund layout in advance
Public funds have always paid attention to the performance of listed companies. Among the companies with pre-increased net profits in the first half of the year, public funds have already been deployed.
For example, Shengxin Lithium Energy, which is expected to have the fastest net profit growth in the first half of the year, has been favored by many public funds.As of the end of the first quarter, there were 35 fund products owned by fund companies holding the stock, including China AMC, Wells Fargo and other leading fund companies.
Yahua Group is also held by many funds.As of the end of the first quarter, the fund products of 24 fund companies held Yahua Group. Lu Bin, a well-known fund manager of HSBC Jintrust Fund, was the most favored fund manager for this stock. Four funds including Dynamic Strategy hold a total of 56.6099 million shares of Yahua Group, accounting for 5.41% of Yahua Group's outstanding A shares.
Guanghui Energy is held by products of as many as 60 fund companies. Many well-known fund managers such as Dacheng Fund Han Chuang and HSBC Jintrust Fund Lu Bin hold Guanghui Energy.
In addition, among the companies whose net profit growth rate in the first half of the year is expected to exceed 100%, such as Dongfang Electric Heating, Zhuoyue New Energy and Zhenhua Technology, as of the end of the first quarter, E Fund, GF Fund, Industrial Securities Global have appeared in their list of institutional investors. Fund, Invesco Great Wall Fund and many other fund companies, among which there are many products managed by well-known fund managers such as GF Fund Li Wei, Industrial Securities Global Fund Ren Xiangdong, China Europe Fund Zhou Weiwen, and Wells Fargo Fund Li Yuanbo.
dominant growth style
Looking ahead to the market outlook, Debon Fund believes that the speed and magnitude of this round of A-share market rebound have significantly exceeded expectations, especially when the Fed has increased interest rate hikes and overseas markets have deduced recession logic, A-shares have gone out of the independent market. It has basically returned to the point at the beginning of March.China is entering a stage of economic recovery and a loose monetary environment. The valuation of A-shares is still at a historically low level, and Chinese assets have become a better choice.
In terms of specific investment opportunities, Debon Fund said that from the perspective of style, the current growth style is still dominant, and it is recommended to maintain a high degree of attention to the military industry, new energy, and automotive industry chains; at the same time, pay due attention to the stagnant financial and pharmaceutical sectors in the early stage. As the epidemic gradually eases, the travel industry chain, tourism and other large consumption sectors are also worthy of attention.
Honeycomb Fund believes that it is necessary to pay more attention to the domestic demand sector.In terms of consumption, the performance of the food and beverage sector continues to grow, but it is difficult to exceed expectations; the consumer medical boom is relatively high, especially for medical beauty, ophthalmology, domestic beauty and skin care, etc. The impact of the epidemic is only delayed, not disappeared; In addition, you can also pay attention to new consumption, such as VR, sweeping robots, etc.In addition, I am still optimistic about the prosperity of the new energy, semiconductor, and military industries, and pay special attention to the progress of the smart car sector, as well as some targets with independent growth logic.
Xinyuan Fund said that A shares continued the trading logic of overseas recession and domestic economic recovery.Industries that have improved fundamentals and cannot be falsified in the short term have become the main force of the rebound, including photovoltaics benefiting from a surge in external demand, and electric vehicles under the background of sinking automobile consumption, replacement and high oil prices.The overseas recession has led to lower commodity prices, lowering upstream raw material prices.At the same time, the reduction of the impact of the epidemic and the gradual economic recovery have provided opportunities for valuation repairs in industries such as wind power, food and beverage, aviation, and tourism.The above two transaction logics are expected to continue to be interpreted in the future, and investors are advised to actively participate in the market rebound.However, Xinyuan Fund also pointed out that the follow-up needs to pay attention to the continuity of the domestic monetary easing in stages and the progress of economic recovery under the support of policies.
