Sunday, December 12, 2010
624 notice in the first half earnings growth of listed companies is still the main tone.
As of yesterday, there are 624 companies in Shanghai and Shenzhen notice in the first half performance, which grew more than Liucheng performance of the company. .Sub-sectors, the chemical growth of the downstream most prominent corporate performance. .<P> <P> Saturday, Shanghai's Space and Communications (600677), Yueyang Paper (600963) will announce the first semi-annual report; Shenzhen City Shoka shares (000,584), Anne shares (002,235) will be 7 .15 March to hand over the first half of transcript. .Although the official semi-annual report <P> not available, but as of yesterday, the two cities A-share companies have 624 company in the first half of the performance of the notice, of which 389 is expected to increase, the proportion was 62.34%. .Overall, the "growth" is still the first half of the performance of listed companies in the main tone. .<P> Into the company expects an increase of four over 50% <P> WIND data show that in these 624 companies, a total of 498 first-half profits. .Including 389 pre-growth, accounting for 62.34%; pre-growth exceeding 100% of 173, accounting for 27.72%; results are pre-cut 83; 26 continued increase or decrease in earnings but not more than 30%. .Meanwhile, 122 Pre-losing companies, accounting for 19.55%, of which 51 led losses. .In addition, the company said the results of four can not be determined. .<P> Earlier analysis, performance of listed companies will be worsened in the first half, but the data show that there is still more than Liucheng the performance of the company have increased year on year net profit may double or even account for one quarter of the company. .This shows that listed companies to maintain a sustained overall development, steady growth trend. .In particular, performance may decline from being considered the fastest growing real estate industry and chemical industry point of view, the performance increase of more than 100% of the 173 companies, 21 real estate companies, chemical industry 38, the number among the best compared with other industries .. .<P> From growth perspective, 389 pre-growth companies, an increase of more than 50% of the 256, accounting for the total number of pre-growth companies 65.81%, of the total 624 have a notice to the company's 41.03%. .This shows that, at least in the first half of view, many listed companies have not slowed the pace of growth. .<P> <P> Chemical downstream industries fastest growing industries in the high-growth, the most prominent chemical downstream. .WIND According to statistics, 256 mid-expected net profit increase of more than 50% of the companies, the largest number of chemical industry, for 41; followed by 24 real estate, machinery and equipment, 23, medical and biological 21. .<P> Industry analysis, chemical downstream industry has been able to come up with such a beautiful performance prediction, mainly benefiting from the price difference between domestic and international energy and export-oriented sales model. .Petroleum and petrochemical industry due to upstream price policy, the cost advantage of these downstream firms the same type of business abroad is more than obvious, so its products compared with foreign counterparts and will have a price advantage, sales increased significantly. .<P> The real estate industry with high growth is lagging the industry because the project carry-over features. .Are included in the first half of the profits sold last year, this year the project was carried forward, so the real estate industry's semi-annual report is a microcosm of his performance last year and does not accurately reflect changes in the performance of the first half of this year. .<P> Financial services is still impressive performance of listed companies. .CITIC Bank (601998), Shanghai Pudong Development Bank (600000), China Minsheng Bank (600016), China Merchants Bank (600036) is expected net profit to increase by more than 150%, 140%, 110% and 100%. .Shenzhen Development Bank (000001), Bank of Ningbo (002142) and Industrial and Commercial Bank (601398) also were expected net profit growth of more than 50%. .<P> 49 <P> company revised earnings outlook, according to newspaper information and data Center, 49 companies have already made a correction on the results notice. .As most companies in a quarterly results to make predictions on the first half, so the semi-annual report released performance underscores the amendments before the recent changes in these months. .<P> Amendment results in the 49 companies, there are 30 semi-annual report is expected to become "good", and there are 19 amendments to the expected change "ugly." .<P> Industry cycle economy led some companies is not high. .Nuclear titanium dioxide (002 145) says that the end of spring fertilizer demand due to reduced sales decline, the price of other raw materials continued to rise sulfuric acid, resulting in estimated losses of the company's growth from 3000-3500 to 6800-7300 million yuan .. .<P> RMB appreciation, export tax rebate rate of decline, the U.S. subprime mortgage crisis has become the reason for the performance of the company revised down, HTC warp (002,144) and other export-oriented companies such a case. .Another important amendment <P> performance for our raw materials prices rose more than expected. .For example, a long source of power (000 966) as the main raw material in the first half the price of coal rose more than expected, and its power output than the expected decrease of 5 million kilowatts, led to significant increase in losses is expected in the first half loss of 210 million yuan, more than originally forecast .The increase of 93.4 million yuan. .Jiangshan Chemical (002061) also said, lump coal, bituminous coal and other raw materials resulting in substantial price increases have 20,000,000 -2,500 million in the first half of a loss. .<P> Coal prices of listed companies are "a few happy and some unhappy." .Taurus Energy (000937), said coal prices for the second quarter remained rally, counting only from May 1, the price of product coal per ton from 1,473 yuan to rise by 6 months of 1620 yuan per ton, so .Company 50% -100% the previous net profit growth is expected to increase to 150% -200%. .Panjiang shares (600,395), the International Industrial (000 159) are also due to coal prices, the performance has been greatly affected, have increased medium-term earnings growth expectations. .<P> In addition, the Shanghai Pudong Development Bank and Bank of Ningbo also raised performance expectations, the reason is the growth of intermediary business and other non-interest income, the effective income tax rate has dropped significantly. .</ P>.
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