The highest pre increase is more than 14 times! Can the third quarter report be a breakthrough point after the festival?

 The highest pre increase is more than 14 times! Can the third quarter report be a breakthrough point after the festival?

Beixin building materials become the king in advance

According to statistics, there are more than 360 companies with good performance. According to the lower limit of the year-on-year growth of net profit, 93 companies are expected to increase by more than 100%, and 32 companies are expected to increase by more than 300%.

From the perspective of individual stocks, Beixin building materials Co., Ltd. has the largest performance forecast in the first three quarters. On August 20, the performance forecast released by Beixin building materials showed that the company expected to achieve a profit of 1.585 billion yuan to 1.687 billion yuan in the first three quarters, with a year-on-year increase of 14727.98% to 15669.34%, turning a large loss into a profit, becoming the current pre increase king.

In addition, Shengxiang biology, amarton, Santai holdings, Daan gene, miss you, star net Yuda, Kangtai medical and other stocks performance in the first three quarters increased by more than 10 times.

However, there are also some companies with a sharp decline in performance, most of which said they were affected by the epidemic.

For example, Jingyan technology said that due to the impact of the epidemic, orders were distributed unevenly throughout the year. In the third quarter, a large number of orders were urgently delivered, and the trial production and climbing of new products were carried out at the same time. Although the company had done a good job in capacity planning in the early stage, there were still temporary capacity shortages and production efficiency did not meet the expectations, which affected the gross profit rate level.

Official disclosure of three quarterly reports after the festival

It is worth mentioning that the third quarterly report of listed companies will also start soon after the disclosure of performance forecast.

Data shows that after the National Day holiday, the A-share market will usher in the official disclosure period of the third quarter report. According to the scheduled disclosure schedule, Jianyou will be the first company in the two cities to disclose the third quarter report in 2020.

After that, Zhongtong Guomai, massive data, chengdi shares, Jinfa technology and other companies are expected to disclose three quarterly reports one after another, with SMIC international disclosing on November 12 at the latest.

According to the data, Jianyou Co., Ltd. is a leading enterprise in the production of heparin API in China. It is also one of the few heparin API manufacturers that have passed both FDA certification and EDQM certification in the United States. Its products cover the main varieties of high-quality heparin API and low-molecular-weight heparin preparations.

In the first week after the festival, the disclosure of three quarterly reports will also gradually increase. Overall, the third quarter report disclosure will peak in the last few days of October.

Many securities companies said they should pay attention to the third quarter report. Rongwei Securities pointed out that before the festival, repeated shocks, but the market sentiment has turned warm. After the festival, the market may gradually go higher, and there is still a greater opportunity for high-performance stocks in the medium-term gem, focusing on individual stocks rather than indexes, and focusing on low-priced ones. On the whole, funds are still on the wait-and-see basis, and we can pay attention to the three quarterly reports after the festival.

(1) Pro cyclical plate, focus on the third quarter forecast rate is higher and undervalued plate. Such as liquor, cement, aviation plate, as well as the middle reaches of raw materials and industrial products at the bottom of the inventory cycle.

(2) Large financial sector, focusing on securities companies, financial technology, insurance.

(3) The science and technology sector is worthy of medium and long-term attention, focusing on the adjustment of technological leaders that have been basically in place, the targets benefiting from the 14th five year plan, and the military industry, photovoltaic, new energy vehicles, consumer electronics, construction machinery, auto parts, production line equipment, etc.

Source of this article: Wang Xiaowu, editor in charge of CFA_ NF