Building decoration ▲▲
Three main lines layout in the second half of the year
According to the statistics of the "Securities Daily" Market Research Center, as of yesterday, Shanghai and Shenzhen stock markets have disclosed that the listed companies in the construction industry have a positive performance, accounting for 36.9% of the constituent stocks in the industry. It ranks first in the industry of 28 Shenwan.
From the perspective of the largest increase in net profit forecast, 12 companies expect net profit growth to reach or exceed 50%. The 12 companies are Shenzhou Great Wall 000018 (36248.54%), Beautiful Ecology 000010 (1863.19%), and Yabai. Special 002323 (495.31%), Yuntou Ecological 002200 (138.49%), Fuhuang Steel Structure 002743 (119.31%), Honggao Creative 002504 (89.18%), Oriental Garden 002310 (80.00%), Oriental Tower 002545 (70.00%), Chengdu Luqiao 002628 (60.00%), Ruihe shares 002620 (60.00%), Yanhua Smart 002178 (50.00%), Lingnan Garden 002717 (50.00%).
It is worth mentioning that among the above-mentioned mid-reported companies, 22 companies achieved net profit growth in the first quarter. Among them, Yabait and Fuhuang Steel's net profit in the first quarter doubled. The maximum increase in performance has also doubled.
The main business of Yabait is divided into two parts: metal roofing and distributed roofing photovoltaic. Through many years of professional accumulation in the metal roofing system industry, the company has rich experience in the industry and has strong capacity in contracting large-scale projects. It has become a well-known integrated service provider of metal house (wall) surface protection system in China. The company is the first in the industry to enter the solar energy 000591 distributed photovoltaic roofing field, and is the leading enterprise in the application of photovoltaic new energy technology in metal roofing systems. The promulgation of the "13th Five-Year Plan" has effectively guaranteed the continued growth of infrastructure, such as domestic airports, railways, various venues, cultural facilities, and civic activity centers, as well as the construction of people's livelihood projects. The project space and scale are huge, and the company's main business industry There is huge room for growth in development. According to the company's 2016 quarterly report, it is estimated that the net profit for the period from January to June 2016 will be 70 million yuan to 76 million yuan, a year-on-year increase of 448.31% to 495.31% (the net profit for the same period of the previous year was 127.665 million yuan); the main reason is 2016. Shandong Yabate Technology Co., Ltd. and Shanghai Mengfusi New Energy Technology Co., Ltd., a subsidiary of the company, are in a period of rapid development and continue to expand their business.
Fuhuang Steel Structure specializes in the design, manufacture and installation of steel structure products. Starting from light steel structure, starting from ordinary industrial plants, in order to meet the needs of China's economic construction for steel structure development, through continuous technological innovation and industrial upgrading, It has formed a characteristic operation pattern with heavy steel structure as the leading factor, heavy-duty construction steel structure and heavy-duty special steel structure serialization development, mutual promotion and complementation. It is capable of constructing various types of construction steel structure, bridge steel structure and power plant in China's steel structure industry. The backbone enterprise of steel structure design, manufacture and installation is the production, research and innovation base with strong brand advantages in China's steel structure industry. According to the company's 2016 first quarter report, it is estimated that the net profit for the period from January to June 2016 will be 28 million yuan to 35 million yuan (the net profit for the same period of the previous year was 15.9588 million yuan), an increase of 75.45% to 119.31%. Reasons for changes in performance: The company changed its business ideas and strengthened market development. While ensuring the steady growth of traditional steel structure and door and window business, the major PPP project progressed smoothly and contributed more income and profits during the reporting period, while the same period in 2015 The company has no PPP projects under construction.
In terms of market performance, among the above-mentioned interim results, 15 stocks rose in the second quarter. Among them, the new stocks listed on May 17 this year, Baili Technology 603959, the cumulative increase in the first time, in addition, Qixin shares 002781 ( 31.11%), Jianyi Group 002789 (29.01%), Ruihe (19.26%), Oriental Garden (12.67%), Oriental Tower (12.37%), and Pubang Garden 002663 (10.66%) and other stocks increased by more than 10 %.
From the overall situation of the industry, Changjiang Securities 000783 said that in 2016, halfway through, the construction industry as a whole has experienced a period of six months of continuous recovery, the overall performance of the industry companies has improved, but the performance of the division of companies in various sub-sectors has intensified. The infrastructure and municipal gardens, which are favored by the increase in investment growth and PPP projects, continue to pick up. The decorative sector affected by destocking and real estate cooling is under pressure, and the company's performance is still sluggish. Due to policy patronage, the industry's performance growth in the second half of the year is flawless. Since 2016, the construction of sponge city, PPP into the development of the new year, the construction of rail transit, and the reform of state-owned enterprises have accelerated the relevant policies, providing a strong external driving force for the development of the construction industry. In the first half of the year, due to the weather, the construction was not up to expectations, resulting in a good performance in the second half of the year. It is recommended to pay attention to the three Nuggets routes of PPP, business transformation and state-owned enterprise reform, pay attention to Lingnan Garden (to create media industry chain), Tiehan Ecology 300197 (comprehensive operator of ecological environment, huge amount of PPP orders), Gezhouba 600068 (low valuation, environmental protection, High growth), tunnel shares 600820, Northern International 000065 (state-owned enterprise reform).
Agriculture, forestry and animal husbandry ▲▲
Sub-sector boom is expected to continue to rise
According to statistics from the Securities Research Center of the Securities Daily, as of yesterday, among the listed companies that have disclosed the notices in the Shanghai and Shenzhen stock markets, 31 listed companies in the agriculture, forestry, animal husbandry and fishery industry have achieved positive results, accounting for 36.47% of the constituents in the industry. It ranks second in the 28 Shenwan first-class industry.
From the perspective of the largest increase in net profit forecast, 15 companies expect doubled net profit growth, including Zhengbang Technology 002157 (9431.95%), Young Eagle Farming 002477 (8660.55%), and Muyuan 002714 (2035.27%). 8 companies including Tianbang Co., Ltd. 002124 (1137.74%), Xiantan Co., Ltd. 002746 (714.53%), Xinwufeng 600975 (614.40%), *ST Chuang treatment 002173 (513.92%), *STçå²›002069 (500.00%) The maximum increase in net profit is expected to reach or exceed 500%.
It is worth mentioning that among the above-mentioned mid-reported companies, 28 companies achieved net profit growth in the first quarter. Among them, Zhengbang Technology, Young Eagle Farming, Muyuan, Tianbang, Xiantan, New Wufeng, *ST Chuang treatment, Yisheng shares 002458, Minhe shares 002234, Shengnong Development 002299, Jin Xinnong 002548, Baiyang shares 002696 and other 12 companies doubled in the first quarter while the performance of the report is expected to increase the maximum increase Times.
In terms of market performance, among the above-mentioned interim results, 15 stocks rose in the second quarter. Among them, the new stocks listed on May 4 this year were the first to increase during the 300511 period. In addition, Xin Wufeng (41.77) %), Jinhe Bio 002688 (37.57%), Zhengbang Technology (22.06%), Dakang Agriculture 002505 (13.82%), Tianbao 002220 (13.65%), Tangren 002567 (13.24%), Xiantan shares (10.42%) ) The cumulative increase during the period of individual stocks exceeded 10%.
For the fundamentals of the agriculture, forestry, animal husbandry and fishery industry in the first half of the year, industry insiders pointed out that, first of all, in terms of price, the prices of major agricultural products such as livestock, poultry, soybean meal and so on generally rose. The increase in the price of live pigs has benefited from two aspects: First, the stock of live pigs has continued to decrease below the equilibrium level, resulting in tight supply. Second, the phenomenon of bulls and pigs in the first half of the year was more common, which aggravated the situation of tight supply. The main reasons for the surge in the price of chicken products are as follows: First, the parental breeder chickens are gradually reduced to below the equilibrium level, resulting in tight supply. Second, the outbreak of the European and American epidemic, the introduction of re-entry and delay has helped push the market's bullish expectations.
Secondly, in terms of prosperity, the prosperity of the sub-sectors of agriculture, forestry, animal husbandry and fishery continued to differentiate, and the prosperity of the livestock and poultry industry chain was obvious, while other industries were still recovering. The main reasons for the rise in the livestock and poultry industry chain are: First, the price of livestock and poultry has risen sharply, and second, the impact of falling corn prices has caused the cost to sink.
In the second half of the industry investment strategy, Pacific 601099 Securities said that it is optimistic about agriculture, forestry, animal husbandry and fishery, with a focus on the aquaculture industry chain. At present, the valuation of the sector is not high. Under the background that the agricultural product price increase momentum is not reduced and the sub-sector prosperity is expected to continue to rise, the trend of the agriculture, forestry, animal husbandry and fishery sector will continue to be optimistic in the second half of the year. In terms of strategy, the price of major agricultural products is rising, and it is recommended to continue along the main line of prices, focusing on the broiler industry chain at the stage of rising prices. In addition, you can also focus on investment opportunities in the feed and vaccine industries that benefit from the increase in aquaculture and in the rising phase of the industry. In terms of individual stocks, the recommended stocks are mainly beneficial to Shengsheng, Minhe, Jinxinnong, Hefeng Animal Husbandry 603609, Plex 603566, and Rip Bio 300119.
As A-shares entered the second half of this year, the performance of the China Daily became the focus of the market. According to the statistics of the Market Research Center, at present, 1,044 listed companies announced the 2016 interim results forecast, of which 696 companies had a positive performance, accounting for 66.67%. In terms of industry distribution, Pre-Happiness's top five industries are: architectural decoration (36.90%), agriculture, forestry, animal husbandry and fishery (36.47%), electronics (36.25%), light manufacturing (35.42%) and textiles. Clothing (33.33%). This edition of the edition today analyzes and analyzes the fundamentals of the above five industries and the related pre-history stocks for investors' reference.
At the same time, Cinda Securities also maintains a “optimistic†rating for the agriculture, forestry, animal husbandry and fishery industry, and recommends focusing on the poultry farming industry, feed industry, plantation and sugar industry. Relevant companies recommend Shengnong Development (“Overweightâ€), Beidahuang 600598 (“Overweightâ€), Jin Xinnong (“Buyâ€) and Wanxiang De Nong 600371 (“Overweightâ€).
Electronic ▲▲
The global electronics manufacturing economy is gradually heating up
According to the statistics of the Securities Research Center of the Securities Daily, among the 160 electronic companies, as of yesterday, 73 companies have disclosed the semi-annual report performance forecast. Among them, 58 companies have achieved positive results, accounting for the proportion of the total number of constituents in the industry. 36.25%, ranking third in the 28 Shenwan-level industry.
Specifically, among the 58 companies with the above-mentioned performance pre-joy, 22 companies have increased their performance, 11 companies have continued to make profits, 8 companies have turned losses, and 17 companies have increased slightly. In terms of performance growth, 20 companies achieved the largest increase in performance by more than 100%, including Meida Digital 002137, Zhongjing Electronics 002579, Alto Electronics 002587, Suzhou Gushu 002079, Bus Online 002188, Rongsheng Supermicro 002141, Dongshan Precision 002384 9 companies such as Wanrun Technology 002654 and Helitai 002217 have the largest growth rate of more than 2 times in 2016.
Meida's digital performance is relatively eye-catching. The company announced on June 24, 2016 that the company revised its 2016 semi-annual performance forecast. The revised net profit for January-June 2016 is expected to increase by 7318.14% to 7736.62%, and the net profit is 130.5 million yuan to 131.3 million yuan (the net profit for the same period last year was 1,759,200 yuan). The significant increase in results was mainly due to the fact that the company sold 100% equity of Shenzhen Yuantong Incubation Co., Ltd. to meet the revenue recognition standard, resulting in a substantial increase in net profit attributable to shareholders of listed companies.
Zhongjing Electronics' performance is also excellent. According to the disclosure of the first quarter of 2016, the company expects net profit for January-June 2016 to be 89.25 million to 94.45 million yuan (previous year net profit of 10.377 million yuan), an increase of 760% year-on-year. -810%. Reasons for changes in performance: The transfer and disposal of long-term investments were completed within the first quarter, and the investment income was greatly increased; the income from the main business was expected to increase significantly year-on-year.
In terms of market performance, among the 58 performance pre-history stocks, there were 44 stocks that rose their share price this week, including Jiuzhiyang 300516 (42.97%), Lianchuang Electronics 002036 (23.62%), and Derun Electronics 002055 (19.90). %), Maijie Technology 300319 (15.50%), Jinan Guoji 002636 (12.61%), Danbang Technology 002618 (11.49%), GQY Video 300076 (10.49%) and Gaode Infrared 002414 (10.08%) Hi-shares have accumulated more than 10% this week.
In terms of capital flow, among the 58 pre-history stocks, 13 stocks this week showed a net inflow of large single funds, with an accumulated investment of 2.246 billion yuan. They are Jiuzhiyang (122,249,400 yuan), Derun Electronics (42,876,800 yuan), Lianchuang Electronics (27,384,600 yuan), Xingsen Technology 002436 (913.66 million yuan), Dazu Laser 002008 (618.36 million yuan), Rong Shengchao Micro (479.17 million yuan), Jinan Guoji (427.78 million yuan), Ou Feiguang 002456 (305.224 million yuan), Sunlord Electronics 002138 (256.273 million yuan), Tongfang Guoxin (999.30 million yuan), Hejing Technology 300279 (554.58 million) Yuan), Dehao Runda 002005 (404.51 million yuan) and bus online (114.14 million yuan).
For the investment opportunities of the sector, Pacific Securities said that although the pace of economic recovery in various regions of the world has a certain degree of differentiation, the overall prosperity of the global electronics manufacturing industry is slowly heating up, negative factors are fading, and positive factors are accumulating. If the previous inventory (especially the inventory of basic electronic components) is effectively digested, the global electronics manufacturing industry is expected to usher in a comprehensive and sustained economic recovery. In the second half of the year, we will focus on the following three major investment opportunities: 1. Consumers: The next three years will be the period of more intelligent transformation of traditional equipment. We are optimistic about Derun Electronics and Joyson Electronics, which have first-mover advantages in the field of automotive electronics. 600699; 2. Electronic payment field: Optimistic about the deterministic rapid growth of the electronic financial payment market, continue to be optimistic about Tianyu Information 300205 and Hengbao 002104 with channel and technology advantages; 3. Semiconductor field: China's semiconductor industry is in a turning point Import substitution for domestic foundry and packaging and testing is accelerating, and is optimistic about Jingfang Technology 603005, which is engaged in semiconductor packaging testing, and Shanghai Xinyang 300236, which supplies semiconductor manufacturing consumables.
Light industry manufacturing ▲▲
Two main lines of the Nuggets investment opportunities in the second half
According to statistics from the Securities Research Center of the Securities Daily, among the 96 light-duty manufacturing companies, as of yesterday, 52 companies have disclosed the semi-annual report performance forecast, among which 34 companies have achieved positive results, accounting for the total number of constituents in the industry. The ratio is 35.42%, ranking fourth in the 28 Shenwan-level industry.
Specifically, among the 34 companies that have achieved the above-mentioned performance, 10 companies have increased their performance, 7 companies have continued to make profits, 2 companies have turned losses, and 15 companies have increased slightly. In terms of performance growth, the performance of 8 companies has increased by more than 100%, respectively.
Paper (2764.55%), Converse Culture 002502 (350%), Qixin Group 002301 (275.37%), Tongxing Lixing 002243 (195.44%), Emperor Longxin 002247 (180%), Zhejiang Zhongcheng 002522 (120 %), Shengxing shares 002752 (120%) and Zhongshun Jierou 002511 (110%).
Jingxing Paper 002067 The performance is relatively eye-catching. According to the 2016 quarterly report, it is estimated that the company's net profit for January-June 2016 is 170 million yuan to 180 million yuan (the net profit for the same period last year was 6,283,700 yuan), a year-on-year increase. 2564.50% to 2764.55%. The significant increase in performance was mainly due to the company's reduction of 5 million shares of Shapu Aisi 603168 in February, and the investment income increased significantly; the company's paper raw paper business showed signs of weak recovery, and enjoyed the comprehensive utilization of value-added products according to relevant national policies. The imminent tax-free concessions are expected to improve in the second quarter, resulting in an increase in performance over the same period last year.
The performance of Converse Culture is also outstanding. According to the disclosure of the first quarter report of 2016, the company expects net profit for January-June 2016 to be 97.6114 million yuan -10,981,290 yuan (net profit of the same period last year was 24,402,900 yuan), a year-on-year increase. 300%-350%, reasons for changes in performance: During the reporting period, the company's overall business development, collaborative development of film and television production and game products, the company's overall profit increased significantly.
In terms of market performance, among the 34 performance pre-history stocks, 29 stocks have risen this week, including Dilong New Materials (17.34%), Meiyingsen 002303 (15.69%), and Yao Ji Poker 002605 ( 15.44%) and Shengda Forestry 002259 (13.08%) and other 4 pre-history shares have accumulated more than 10% this week.
In terms of capital flow, among the 34 pre-history stocks, 11 stocks this week showed a net inflow of large single funds, with an accumulated investment of 499 million yuan. They are Mei Yingsen (112.179 million yuan), Yao Ji Poker (100.82 million yuan), Shengda Forestry (716.44 million yuan), Jinjia shares 002191 (494.626 million yuan), Zhongshun Jierou (44.438 million yuan), the sun. Paper 002078 (38.60 million yuan), Origen 002701 (3,665.57 million yuan), Sophia 002572 (20,311,400 yuan), Donggang shares 002117 (11.10 million yuan), Yongxin shares 002014 (10.186 million yuan) and Li Peng shares 002374 ( 339.67 million yuan).
In terms of investment strategy, CITIC Securities 600030 said that for the second half of the year, the main focus is on two main lines: First, the fundamentals continue to improve the industry with rising prosperity, especially the furniture industry with high prosperity and continuity, optimistic about the custom furniture industry. Growth recommendations focus on Sofia is the leader of the custom furniture industry In the next three years, the company will gradually form a "closet linkage" business structure, the digital ecosystem (Internet +) platform enables the company to firmly occupy the first entry with consumers. The second is the industry that has favorable policies and continuous promotion, especially the lottery industry. With the event-driven and policy-promoting release of the lottery industry, the development of the lottery industry in the second half of the year is recommended. Focus on Tianyin Holdings 000829 Company acquisition of the letter of the letter to the lottery In the field of equipment terminal, a wholly-owned subsidiary was established to realize the incubation of the lottery industry and the integration of the upstream and downstream industry chains of the lottery industry.
Textile and clothing ▲▲
Export-oriented companies are expected to exceed expectations
According to the statistics of the Securities Research Center of the Securities Daily, as of yesterday, among the textile and apparel stocks that have disclosed the interim results forecast, 26 stocks have been pre-agreed, accounting for 33.33% of the constituent stocks in the industry, with 28 applications. Ranked fifth in the industry.
Specifically, among the 26 pre-history stocks, there are 6 pre-increased, 8 surpluses, 1 deficit, and 11 slightly. From the perspective of the largest year-on-year increase in net profit, the results of Sinor 002485, Caesar shares 002425, cross-border 002640, search special 002503 and Meisheng culture 002699 are expected to double, 300.00%, 200.00%, 150.00%, 110.00 respectively. %,
100.00%; In addition, Xinye Textile 002087, Huafu Color Spinning 002042, Yuxing 002098, Yuda Technology 002516, Jiaxin Silk 002404, George White 002687, Senma Clothing 002563, Bangjie 002634, Weixing 002003 and Vosges 002083 The performance is also more eye-catching, the net profit growth is expected to be 30% and above, respectively: 60.00%, 50.00%, 40.00%, 35.00%, 30.00%, 30.00%, 30.00%, 30.00%, 30.00% and 30.00% .
From the mid-year report, it is expected that the maximum amount of net profit will be realized. Senma Clothing (549 million yuan), Huafu Color Spinning (340 million yuan), Soute (229 million yuan), Vosges (205 million yuan), and Luolai Life 002293 (202 million yuan), Fu Anna 002327 (201 million yuan), cross-border communication (190 million yuan), Yuda Technology (176 million yuan), Zhonghe shares 002070 (150 million yuan), Weixing shares (148 million yuan) Lianfa shares 002,394 (141 million yuan) and Huijie shares 002,763 (140 million yuan) and other companies can be described as profitable, the largest net profit is expected to be more than 100 million yuan.
In this regard, analysts said that there have been many reasons for the substantial improvement in performance, including mergers and acquisitions and consolidated performance, sales of assets, improvement of operations, receipt of government subsidies. Only the management improvement caused by the management efficiency, market share increase or cost reduction is more sustainable, and the performance is more intrinsic. Investors should treat them differently.
According to the "Securities Daily" reporter observation, in the above five performance doubled shares, the search is a typical business improvement performance growth, the company is mainly engaged in youth casual wear sales, the combination of joining and direct sales model, It owns the famous brand “front lineâ€. For the majority of young people aged 15 to 29, specialize in faster growth, tap more potential third- and fourth-tier cities, and avoid fiercely competitive first- and second-tier cities. The company disclosed in the first quarter of 2016 that the company's net profit for the first half of 2016 is 175 million yuan to 229 million yuan (net profit of 109 million yuan in the same period last year), an increase of 60%-110%. Reasons for changes in performance: The company's supply chain management and brand management related businesses have developed rapidly, resulting in substantial growth in performance.
In addition to searching for special, Meisheng culture is also worthy of attention. The company is one of the major animation and apparel manufacturers in China, focusing on the development, production and sales of animation and apparel subdivision products. The main products include Disney image and animation apparel. The film image animation apparel, etc., its scarcity in the A-share market will help its valuation increase. Northeast Securities 000686 said that the long-term company actively expands the animation, film and television, game layout, with content IP as the core, incremental traditional business, forming the entire industry chain layout of "anime IP + derivatives". It is estimated that the company's earnings per share for 2016-2018 will be 0.38 yuan, 0.49 yuan and 0.64 yuan respectively. Give an "overweight" rating.
In terms of market performance, in addition to Hassan shares 603958 as the new stocks listed on Wednesday, the cross-border, Da Yang Chuangshi 600233 and Xinao shares 603889 and other stocks also rose in the top, respectively: 13.36%, 12.72% and 12.45 %, the transaction is obvious, it is worth continuing to pay attention.
Judging from the investment strategy of the entire textile and apparel sector, Shen Wan Hongyuan 000166 said that benefiting from the depreciation of the RMB and the stabilization of cotton prices, the export-oriented enterprises are expected to exceed expectations. 1 Brand clothing: In May, retail terminal data decreased year-on-year. In addition, there was more rain in June. Brand clothing sales were affected by sluggish consumption and weather, and the interim report may be lower than expected. 2. Textile: Since the second quarter of this year, the RMB has continued to depreciate. China's national reserve cotton transactions are active, cotton prices are stabilizing, textile export enterprises benefit, and the mid-term report is expected to exceed expectations. Suggested attention: Huafu Color Spinning, Blum Oriental 601339, Lutai A, Lianfa Shares, Xinao Shares.
In addition, Zhongtai Securities said that the current market as a whole is still in a volatile market. It is recommended to continue to pay attention to the Semama apparel and Huafu color spinning of the white horse standard. If the market risk appetite is improved, it can be concerned that the stock price in the sector is oversold and the transformation is gradually coming to the fore. Transformation stocks into the harvest, such as Huasi shares 002494 and Langzi shares 002612.
For more stock market opportunities, pay close attention to micro-signals: stock market opportunity intelligence (thsjihui)
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