The first quarter market starts ahead of schedule, and the company's performance is expected to double

With the disclosure of 2017 annual reports in succession, the performance forecast of the first quarter of 2018 of listed companies also came in a stream. As of March 7, a total of 113 companies in Shanghai and Shenzhen stock markets have issued quarterly performance forecasts, of which 50 listed companies are expected to double their performance.

The performance of 50 companies in the first quarter is expected to double

At the same time as listed companies disclosed their annual reports, as of March 7, a total of 113 A-share listed companies had disclosed their performance forecasts for the first quarter of 2018, and the performance of most of them was positive. Among them, 50 listed companies are expected to double their performance.

The data shows that the performance of 63 listed companies is expected to increase, 3 listed companies are expected to continue to gain, 10 companies are expected to turn around their losses, 29 companies are expected to slightly increase, 2 listed companies are expected to continue to lose, and 6 companies are expected to slightly reduce their performance.

From the perspective of the maximum year-on-year growth of net profit in the first quarter, 50 companies expect the maximum year-on-year growth of net profit in the first quarter to exceed 100%, Contemporary honesty (600136) It is estimated that the year-on-year growth of net profit in the first quarter will take the lead, reaching 30835.81%; Longyun Shares （603729）、 Huadong Heavy Machinery （002685）、 Lipeng Shares (002374) and Red Phase Power (300427) are expected to achieve a growth of more than 10 times; Guanfu Shares （002102）、 Garden creatures （300401）、 Rongzhilian （002642）、 Handing Yuyou （300300）、 Zhiyun Shares （300097）、 Colin Environmental Protection (002499) and other six companies are expected to increase their net profits by more than five times in the first quarter year on year. In addition, Haida Shares （300320）、 Weihua Shares （002240）、 Dyson Shares (300335) and other 27 companies increased by 50% to 100%; The performance of 22 companies rose 10% to 50%.

Longyun is expected to turn loss into profit in the first quarter of this year, and the net profit attributable to shareholders of the listed company will increase to 14.55 million yuan to 15.26 million yuan compared with the same period last year (statutory disclosure data). East China Heavy Machinery is expected to achieve a profit of 143130900 yuan to 156918200 yuan in the first quarter of this year, an increase of 2499.59% to 2750% year on year.

43 listed companies, including Guanfu Shares, Garden Biology, Rongzhilian, Handing Yuyou, are expected to double their performance. Luxiao Technology , CRRC Resources Blue cursor 、 Leyard It is expected that the performance of 30 listed companies will increase by 50% or more.

From the perspective of net profit, Kangdexin 、 Trimer environmental protection 、 Zhongtai Chemical 、 Kim Jong Dae 、 By health 36 listed companies are expected to achieve a net profit of more than 100 million yuan.

From the perspective of industry distribution, the chemical industry forecasts the largest number of quarterly results, and the vitamin industry is a typical one. The boom of mechanical equipment and electronic industries is also high. Jindawei (002626) and Garden Bio's first quarter performance forecasts both increased significantly, and the median increase in net profit is expected to reach 4 times and 6 times respectively. Both companies said that the increase in performance was due to the increase in product prices.

The first quarterly report of the layout is just in time

Although the company that has released the first quarter performance forecast is only the "tip of the iceberg", it can still "peep inside". Generally speaking, when multiple companies in the same industry forecast performance growth at the same time, it is likely that the overall growth expectation of the industry is positive. According to the data released so far, many companies in the chemical, electronic, computer, pharmaceutical and biological industries have actively released the first quarter forecast announcement.

With the release of the first quarter performance forecast in batches, listed companies whose performance exceeds expectations or has reversed will welcome trading opportunities. Now is a good time to lay out the first quarter market. It is observed that many companies that have recently released quarterly reports have begun to gain recognition and popularity of funds. For example, BlueFocus (300058) is expected to achieve a net profit of 130 million yuan to 150 million yuan in the first quarter on January 24, with a growth rate of 61% to 85.77%. After the announcement of the performance forecast, the stock price surged up to the limit. After a sharp rise of 7.53% the next day, the stock price again closed a limit. Although there was a shock and correction afterwards, in the atmosphere of market decline on February 7, BlueFocus closed the limit board again, and the stock price has recorded a stage increase of 33.61% since the announcement. Also outstanding Entrepreneurial software (300451), East China Heavy Machinery (002685) Hailanxin （300065）、 Nanjing Julong (300644) and other companies, whose share prices have risen by more than 10% since the announcement.

As the beginning of the year, if the company's performance in the first quarter can achieve a substantial year-on-year growth, it will lay a good foundation for the company to achieve good results in the year. Because of this, the first quarter report often becomes an important reference for the market to judge the company's annual performance expectations. Due to the natural safety of the pre issued shares in the first quarter, which have been cleared of performance landmines for a period of time in the future, coupled with the attention of funds, it is natural that the stock price performance is strong.

According to the analysis, since the first quarter of each year can best reflect its new strategic model of business management, cost control, etc., the first quarter financial report is the most concerned by investors, and the first quarter pre added stocks will certainly usher in speculation space. Investors can choose individual stocks with rapid growth in main business such as capacity expansion, market demand recovery, and product price rise. For example, the performance of individual stocks in industries such as cycle, electronic information and medicine has exceeded the expected growth.

Funds favor the first quarter forecast stocks

It is worth mentioning that part of the first quarter's pre happy stock capital clearance has begun to rise. Last week, a total of 41 quarterly forecast stocks showed a trend of net inflows of large orders of funds. During the period of 28 individual stocks, the accumulated net inflows of large orders of funds were more than 10 million yuan, Oufei Technology 、 Hanrui Cobalt Industry 、 Keller Technology （600260）、 Jiecheng Shares （300182）、 Paraelectron (002138) and other five individual shares during the period, the accumulated net inflow of large order funds exceeded 100 million yuan, respectively 294.1221 million yuan, 113.0315 million yuan, 106.7465 million yuan, 102.8908 million yuan and 100.3827 million yuan. The total net inflow of large order funds of the five individual shares mentioned above reached 717 million yuan.

Through further combing, it is found that the accumulated net inflow of large single funds in the above five stocks during the period was more than 100 million yuan, and the latest total market value of each stock exceeded 10 billion yuan, of which, the latest total market value of OphiLight (002456) reached 59.229 billion yuan, and the latest total market value of three stocks, including Cold Sharp Cobalt, Jebsen and Keller Technology, was more than 20 billion yuan, 34.806 billion yuan, 26.986 billion yuan The total market value of Shunluo Electronics was RMB 23.066 billion, while that of Shunluo Electronics was RMB 14.266 billion.

In fact, in addition to being recognized by the market for large orders, the institution is also full of expectations for the future performance of the five blue chip stocks mentioned above. In the past 30 days, the five stocks mentioned above have been given a "buy" or "increase" positive rating by the institution, among which, the number of positive ratings by cold sharp cobalt institutions has reached 5, and the number of positive ratings by European and Philippine technology institutions has reached 3.

Hanrui Cobalt expects that the net profit attributable to shareholders of the listed company from January to March 2018 will be 246.150 million yuan to 260.87 million yuan, with a year-on-year change of 395.05% to 424.65%. The reason for the performance change is that the company actively promoted the capacity expansion of the cobalt hydroxide production line in 2017, and the capacity increased from 2000 tons of metal to 5000 tons of metal, which has now been put into production to play its benefits; At the same time, the company's electrolytic copper production line transformation has also been completed and put into production, with the capacity increasing from 5000 tons to 10000 tons. In addition, as ternary lithium battery has become the mainstream development direction of new energy power battery, the demand for cobalt in this market field has driven the price of cobalt products in the international market to continue to rise, which has also played a role in promoting the company's performance.

Gold digger

Contemporary Mingcheng (600136)

Contemporary Mingcheng expects that in the first quarter of 2018, the net profit attributable to shareholders of the listed company will be about 50 million to 80 million yuan, an increase of 49741400 yuan to 79741400 yuan compared with the same period last year, an increase of 19234.88% to 30835.81% year on year, temporarily ranking first in the advance increase of A-shares.

As for the performance change, Contemporary Mingcheng introduced that during the reporting period, the company's wholly-owned subsidiary, Double edged Sword Hong Kong, has officially started its exclusive market sales agency work in Asia for the 2018 Russia World Cup, and has also started the promotion of derivatives related to the 2018 Russia World Cup, which is expected to have a continuous and positive impact on the company's future performance.

Previously, Contemporary Mingcheng released its 2017 annual performance report. Data shows that the company achieved a total operating income of 886 million yuan in 2017, up 55.67% year on year; The net profit attributable to shareholders of the listed company was 130 million yuan, up 6.62% year on year. Contemporary Mingcheng said that during the reporting period, the company continued to follow the long-term development strategy of "global cultural industry integration and operation platform", and focused on the development idea of "collectivization, platformization and internationalization", increased investment steps and efforts in "culture, sports and entertainment" related industries, and further improved the company's industrial chain through the above measures, It has strengthened the company's comprehensive strength in the field of cultural media.

Lipeng Shares (002374)

Lipeng Shares released its business performance forecast for the first three months of 2018 on March 6. It is estimated that the net profit attributable to shareholders of the listed company in the first quarter will be 15 million to 25 million yuan, an increase of 804.21% to 1407.02% year on year. Lipeng shares said that the above estimate was mainly due to the better implementation progress of garden business projects than the same period last year.

The reporter from the Investment Express learned that Lipeng was founded in 1995 with a total asset of nearly 6 billion yuan, mainly involved in packaging and landscape industries. In 2017, Lipeng realized an operating revenue of 1.858 billion yuan, up 6.23% year on year; The net profit attributable to shareholders of the listed company was RMB 90.0578 million, a year-on-year decrease of 42.12%.

Analysts believe that at present, the overall number of companies that issue quarterly performance forecasts is still relatively small. In addition, companies that issue forecasts first generally have relatively more bright results. Investors should carefully identify the companies that report the performance forecast in the first quarter. If the stock price of the companies that increase more in advance after deducting non recurring profits and losses from the first quarter report is relatively low, investors can actively pay attention to it. They can also combine the company's previous regular reports to find the target of sustainable performance. Such stocks are suitable for the medium and long-term layout of stable funds.

Editor in charge: Zhang Hengxing SF142