2014年4月16日星期三

A -share listed companies a quarterly disclosure into the intensive period

A -share listed companies a quarterly disclosure into the intensive period . As of April 13 China Securities Journal reporter writing, 863 listed companies to disclose the 2014 first quarter results notice, the company accounted for more than half of the pre -hi . By industry , medicine , the media , the continuation of the high degree of prosperity car last year , while the traditional cycle of industry performance increased differentiation , electrical equipment, photovoltaic industry spring unlimited , real estate, agriculture, forestry, animal husbandry and fishery performance decline significantly . Income growth has slowed Wind data show that as of April 13 reporters writing, a total of 863 companies to disclose the 2014 first quarter results notice . Among them, 373 pre-growth companies , 50 companies continued earnings , 57 companies losses, pre-hi companies accounted for 55.62% . In addition , there are 175 companies pre-cut , loss of 198 , 10 results uncertain . Economic slowdown this year, the pressure obviously , the first two months PPI data such sluggish performance in the first quarter earnings growth of listed companies showed a downward trend . According to the China Securities Journal reporter estimates, net profit of listed companies to disclose if the current value of the projected growth estimates , net of non-comparable factors, the 814 companies in the first quarter is expected to achieve net profit of 21.016 billion yuan , an increase of approximately 24.42% ; deduction are not comparable after the factor 584 total comparable listed companies in the first quarter net profit fell 1.57% ring than in the fourth quarter of last year, slowing earnings growth for all . Statistics show that 480 companies pre-hi , there are 75 company expects first quarter net profit growth of more than 100% , there are 14 company expects net profit growth of more than 1000% maximum . Among them, the big rich technology up 13,254.04% net profit growth is expected to occupy " pre-increase King" throne. The company said the significant increase in performance because the benefit from efforts to increase investment in building 4G , new product demand increases , while the company actively explore overseas markets , the main business profit increased significantly. In addition to the main industry growth, many companies due to the sale of assets to a quarter to bring " a pleasant surprise ." Xingye Mining 1107.09% net profit growth in the non-ferrous metal industry downturn relatively rare. This is mainly because the company will be a wholly owned subsidiary of the source storage cylinder Mining Mining 51% stake held by the transfer , to achieve 120 million yuan investment income. Pre -losing less in 383 companies, 132 companies are expected to decline in the first quarter net profit more than 100% , there are 20 company expects net profit for the largest decline over 1000% . Toko micro- power , the source of mechanical , electronic and other companies with the Island have said that performance decline was due to be adversely affecting the macroeconomic environment and market conditions change , first quarter sales decline. As of April 14 in a quarterly disclosure of 18 companies, 13 growth for the company , five companies decline in performance . CMES ushered in the first quarter "a good start " , achieved operating income of 660 million yuan , an increase of 1.54% , attributable to shareholders of listed companies net profit of 184 million yuan , a year earlier loss of 70.8715 million yuan , the successful turnaround of results . Media car to good medicine Medicine , media, automotive three plates lasted 2013 hot market, eye-catching performance in a quarterly this year . Overall growth in the pharmaceutical industry a robust quarterly , differentiation and gradually intensified. In the pharmaceutical and biotech sector 179 companies , a total of 67 companies released first quarter results notice, in which results of pre -hi 49 , accounting for 73.13% . Most of the company's growth is the main industry rely on endogenous growth , mergers and acquisitions have become the catalyst for many of the company's performance . In the forecasted top ten companies, Jiaying Pharmaceutical , Shanghai RAAS , Gloria Pharmaceuticals have said earnings growth in part because of the acquisition of equity interest in the consolidated financial statements of subsidiaries to increase profits. 2014 is the new base and a new round of bidding non- drug -based medicine focused on advancing drug tender bidding bumper year , will open a new round of reconstruction of the pharmaceutical market structure of the feast, mergers and acquisitions in the field of medical services and medical devices will be important Aspect . The 54 companies in the media industry , a total of 26 companies released quarterly results notice, in which results of pre -hi 19 , accounting for 73.08% . CITIC Securities research report that the new media trend of differentiation . A continuation of last year's quarter growth media industry development trend , a quarterly net profit growth is expected to reach or exceed 20% of the company focused on Internet education and entertainment , integrated marketing and other fields. Investments and acquisitions to become a lot of the media company's first quarter net profit expected by reason. Chinese news media in order to increase performance topped 620.9% , mainly due to reorganization and acquisition of Shaanxi Chinese Media Group last year , and the transfer of Hainan people growing flow of oil and gas storage and transportation Limited. Palm interested in science and technology, CY Bao , Huace growth performance are the reasons for the newly merged company . Light media , culture and other movies and television industries company's first quarter net profit growth or even decline slightly year . The main reason is a quarter of the traditional off-season for the advertising and program , greater uncertainty movie revenue decreased compared with last year and so on. Automotive industry 103 companies , a total of 26 companies released first quarter results notice, in which results of pre -hi 20 , accounting for 76.92% . China Association of Automobile Manufacturers latest data show that 1- March China's automobile sales rose 9.18% , a slight increase over the same period last year slowed , where passenger car sales rose 10.09 percent , commercial vehicles sales grew by 5.13% . In forecasted companies, auto parts industry performed better than the vehicle industry . Most companies have benefited from sales growth in the first quarter , said . In the new energy automobile stocks , the three companies disclosed a quarterly notice , where " near the " Tesla's technology-rich net profit expected by 13,254.04% . BYD and Founder Motor net profit pre-cut 95.5% and 80% respectively , but the results of pre- cut BYD said the main reason is that the traditional car sales decline, the Group's new energy vehicle sales showed good momentum of rapid development. Ping An Securities research reports that auto major is expected in the first quarter results of listed companies have different levels of growth, including heavy truck enterprises a low base last year , a higher increase in quarterly results . China IV emission standards to benefit from the core accessories business a quarter full orders , a higher increase in performance . The second quarter of the automotive industry to benefit from the policy level good stocks are expected to regain market favor. Cycle Industry obvious differentiation Traditional cycle industry changed in the past as a whole clouded the situation, although nonferrous metals, coal , steel and other industries with excess capacity still hovering at the bottom , real estate, agriculture, forestry, animal husbandry and fishery performance by the structural adjustment fell significantly , but the electrical equipment , the photovoltaic industry than-expected results . The power industry into 2014 spring constantly accelerating UHV , nuclear restart, wind power gets warmer, highs grid investment , electrical equipment industry ushered in the " best of times ." Many brokers believe that the electrical equipment industry will enter a period of high prosperity . Quarterly results also verify this. Electrical equipment industry 142 companies, 71 issued a notice quarterly results , including results of pre-hi 43 , accounting for 60.56% . The results of pre-hi companies mainly in electrical automation and power equipment company , both in the pre -hi companies accounting for over Liu Cheng. PV industry recovery evident that nearly 70% in the first quarter the company pre-hi . According to statistics, from January to February this year, the Chinese photovoltaic products exports to $ 2.261 billion , an increase of 10.67% . Sun power , Xindaxin material , Almaden , etc. are forecasted to more than double the company said , to benefit from the photovoltaic industry to pick up, sales and prices both rose . Ping An Securities believes that this year the major companies in the photovoltaic industry profitability will be further improved, the photovoltaic industry fundamentals remain positive . Agriculture, forestry , animal husbandry and fishery sector overall dismal performance . Since than-expected decline in hog prices , livestock farming and agro-processing losses become the hardest hit , most of the results of the feed industry growth rate declined. High inventory seed industry , the industry boom is still in decline channels. In the plate 79 companies, 31 companies to disclose notice , which reduced pre -losing company 22 , accounting for over Qi Cheng. Overcapacity in many traditional cyclical industry is still lingering . Coal industry performance continues to deteriorate significantly increase the proportion of industry losses over the last year , has disclosed a quarterly notice of five pre-cut All -losing company . Since 2014 coal prices plunged across the board , high inventory levels . Data show that 1- February cumulative coal industry sales fell 11.5% , the cumulative decline in gross profit of 42.5% . The steel industry is not optimistic that a quarter of the market price of steel products continued to go at the end , reaching lows in recent years . Although there are two companies disclosed a quarterly notice , all Pre-losing . Haitong Securities pointed out that in 2014 the majority of the production cycle products industry capacity utilization continues to hover at low levels , steel, coal , chemicals , nonferrous metals and other industries hardly better.