Physical examination report of listed companies: the first half of the revenue exceeds the GDP, breaking the net value and approaching the peak value

category:Finance
 Physical examination report of listed companies: the first half of the revenue exceeds the GDP, breaking the net value and approaching the peak value


Listed companies are an important part of the national economy. By the first three quarters of 2019, the total revenue of A-share listed companies had reached 36 trillion yuan, an increase of 9.54% year-on-year, accounting for 50% of GDP for the first time, a new record.

Net profit growth to single digit

At present, the global economy has entered a downturn period. Under the mechanism of vigorously promoting the reform of state-owned enterprises and supporting innovation, the overall profitability of A-share market has also changed. According to statistics of securities times u00b7 databao, the net profit of A-share listed companies in the first three quarters of 2019 totaled 3.26 trillion yuan, with a year-on-year growth rate not only reaching a new low in recent three years, but also lower than double-digit for the first time in recent three years. In the first three quarters, the number of companies with net profit exceeding 100 billion yuan increased to 5, and Ping An entered the 100 billion club for the first time, with a year-on-year growth of 63.2%.

From the perspective of the annual performance forecast, by the end of 2019, 590 companies had released the performance forecast in advance, including 297 companies with a total proportion of more than 50% of the total companies reporting for happiness.

The dividend amount is over trillion

In the past two years, the listed companies have been lavish, and the dividend amount has been constantly refreshing the history. According to data treasure statistics, based on the ex right and ex dividend date, the total dividend amount of Listed Companies in 2019 is 1.22 trillion yuan, and the number of companies paying cash in the whole year is close to 2700. It is worth mentioning that for the first time in 2018, the dividend amount exceeded trillion yuan. In terms of dividend amount, there are 22 companies with dividend amount exceeding 10 billion yuan, an increase of 5 compared with 2018. Industrial and Commercial Bank of China, which has been ranked first for many consecutive years, has paid nearly 90 billion yuan in 2019.

In terms of dividend rate, the dividend rate in 2019 generally increased. Companies with a dividend rate of more than one-year fixed deposit rate are close to 20%, 77 companies with a dividend rate of more than 5%, and 6 companies with a dividend rate of more than 10%. The number of companies with a dividend ratio of less than 1% is large, reaching 50%.

The number of ST companies has reached a new high

The thunder of A-share market in 2019 can not be ignored. According to data treasure statistics, 86 companies have implemented st in 2019, with a record number. 35 companies, accounting for 41%, have been implementing st due to two consecutive years of losses. The overall financial and operational risks of listed companies have increased.

Breaking stocks close to historical peak

According to the statistics of data treasure, at the end of 2019, the number of broken net shares in Shanghai and Shenzhen stock markets was 320, accounting for nearly 9% of the total number of shares in the two markets. On April 8, 2019, when the stock market of Shanghai and Shenzhen was at a high level in the year, the number of A-shares breaking through the net was only 98. In just over eight months, the number of broken shares increased by more than 200.

Vertically, both the absolute number of broken net stocks and their market share are close to the historical peak. Looking at the past important historical bottoms, at the beginning of 2016, there were 66 broken net stocks at 2638 and 173 broken net stocks at 1664, but there were no broken net stocks at 5178 and 6124.

From the industry point of view, the real estate industry is a high net breaking place, with the largest number of net breaking shares, a total of 37. In terms of the proportion of industries, the ratio of net breaking rate of banking, steel, mining and other industries is relatively high, among which, there are 24 shares in the banking industry, accounting for 67% of the listed companies in the industry, and the ratio of net breaking rate of the steel industry is 48%. In recent ten years, 18 listed companies have delisted from A-share market in 2019 at most. The number of delisted shares reached a new high in nearly 10 years. The increase of the number of delisted companies is closely related to the implementation of the face value delisting system. In 2019, there are 6 companies with face value delisting caused by the closing price less than RMB 1 per day for 20 consecutive trading days, including chick delisting, Huaxin delisting and imprinting delisting. In addition, changshengtui, * ST Kangde, Qianshan pharmaceutical machinery and other companies were delisted due to major violations or faced with delisting, Zhonghe Tui, Huaze Tui and delisted Hairun company were delisted due to financial problems. Source: responsible editor of Securities Times: Yang bin_nf4368

From the industry point of view, the real estate industry is a high net breaking place, with the largest number of net breaking shares, a total of 37. In terms of the proportion of industries, the ratio of net breaking rate of banking, steel, mining and other industries is relatively high, among which, there are 24 shares in the banking industry, accounting for 67% of the listed companies in the industry, and the ratio of net breaking rate of the steel industry is 48%.

18 companies delisted the most in nearly ten years

In 2019, a total of 18 listed companies delisted from A-share market. The number of delisted shares reached a new high in nearly 10 years.

The increase of the number of delisted companies is closely related to the implementation of the face value delisting system. In 2019, there are 6 companies with face value delisting caused by the closing price less than RMB 1 per day for 20 consecutive trading days, including chick delisting, Huaxin delisting and imprinting delisting.

In addition, changshengtui, * ST Kangde, Qianshan pharmaceutical machinery and other companies were delisted due to major violations or faced with delisting, Zhonghe Tui, Huaze Tui and delisted Hairun company were delisted due to financial problems.