A-share performance of 125 companies “changes face” 8 companies lose 16 billion in stocks
The semi-annual results from the beginning of the performance of 125 companies “change face” 8 companies have lost 1.6 billion shares in the company’s performance. The reason is that the asset disposal progress is not as good as expected, and some of them are replaced by stocks.During the disclosure period of the semi-annual report, as of August 20, 915 listed companies in the stock market have released the financial report for the first half of 2018.
At the same time, there are also many listed companies that have not yet disclosed their semi-annual reports.
According to flush flush statistics, there are currently 125 companies that have issued downward performance revision type announcements, and their performance has changed.
Many of these companies also turned from profit to loss. Mengshi Technology changed from a pre-profit of nearly 100 million to a pre-loss of nearly 3 billion, and the young eagle farming and animal husbandry changed from a pre-profit of nearly 400 million to a pre-loss of more than 500 million.
In fact, the reasons for the change in performance disclosed by many companies are also more individual. The Lions Technology which has changed the performance has listed seven reasons, including the impact of financial deleveraging, the impact of national policies, and the distribution of voting power by the controlling shareholder.Substantial progress, the initial consolidation of subsidiaries, the progress of asset disposal work is not as expected, and the expected disposal income cannot be achieved in the first half of the year.
The reporter found that stock trading has also been a major reason for the company’s performance to change, including Shanghai Rice, Lanzhou Huanghe, Shunyu shares (rights), Shenghe Resources, Wen’s shares, Qunxing toys, Sinosteel International, Hongye shares.
Reporter statistics found that eight listed companies fell a total of 16 on the stock market in the first half of the year.
1.1 billion yuan.
Mighty Lion Technology, the young eagle farming and animal husbandry from profit to huge losses 125 companies changed their face, some directly from huge profits to huge losses.
Including the Lion Technology, chick farming and animal husbandry.
In the previous performance forecast, Mengshi Technology estimated that the company’s net profit attributable to shareholders of listed companies during the first half of 2018 would be profitable: 70 million yuan to 93.5 million yuan.
On July 14, Mengshi Technology issued the “Annual Announcement of the 2018 Semi-annual Performance Forecast Amendment Announcement”. In this performance notice, Mengshi Technology predicts that the company’s net profit attributable to shareholders of listed companies will be replaced by: 270 million to 293.5 million yuan.
For the reasons for the performance forecast amendment, Mengshi Technology has listed seven reasons, including the impact of financial deleveraging, the impact of national policies, and no substantial progress in the transfer of entrusted voting rights by the controlling shareholder, replacing the integration of subsidiaries, and asset disposal.For the time being, the work is not as expected, and the expected disposal income cannot be achieved in the first half of the year.
On July 13, Young Eagle Farming and Animal Husbandry released the “Announcement on the Amendment to the 2018 Semi-annual Results”.
In the previous performance forecast, Young Eagle Agriculture and Animal Husbandry estimated that the company’s net profit attributable to shareholders of listed companies from January to June 2018 would range from 378 million yuan to 395 million yuan. In this performance forecast, Young Eagle Agriculture and Animal Husbandry estimated thatThe company’s net profit attributable to shareholders of listed companies during the first six months of 2018 decreased: 480 million yuan to 530 million yuan.
For the reasons for the revision of the performance forecast, the explanation of the young eagle farming and animal husbandry is that since the second quarter of 2018, the prices of commercial hogs and commercial piglets were lower than expected, which made the company’s breeding business profit level exceed expectations.
In the first half of 2017, the net profit attributable to shareholders of the listed company was 46033.
Lanzhou Huanghe, Shanghai Rice’s stocks have huge losses. In the interim results forecast on July 13, 2018, Lanzhou Huanghe estimates that the net profit attributable to shareholders of listed companies is between 30 million and 33 million, compared with the first half of the year.For a profit of 707.
The explanation of the reasons for the change in performance shows that the performance of the report shows that the main business of the company’s beer and malt has achieved profit, mainly due to the company’s securities investment disposal and holding income significantly decreased compared to the same period last year.
Lanzhou Yellow River’s semi-annual report for 2018 shows that the 8 stocks it invested in were replaced, and the total profit and loss of changes in fair value was -5786.
07 thousand yuan.
Among them, the top three in the total amount are Jianfa, National Technology (rights protection), and Yizhi Mi, which have replaced 3682 at the end of June.
300,000 yuan, 807.
340,000 yuan, 510.
08 thousand yuan.
The other five companies, Ba’an Water, Zhongxing Bacteria, Guanghui Energy, Zhejiang Energy, and Jingyuan Coal and Electricity, invested a total of 700.
In the summary of the semi-annual report released by Lanzhou Huanghe on July 31, the net substitution attributable to shareholders of listed companies was 3158.
810,000 yuan, an annual increase of -546.
The summary of the report, especially since the second quarter, due to the severe downward shock of the overall A-share market, the company’s securities investment book return has decreased compared to the same period last year.
As of the end of the reporting period, the company’s securities investment book return was -4634.
The annual reports of the past three years show that the total counts of securities investment-related profits and losses of the Lanzhou Yellow River in the past three years are: 61.3 million yuan in 2015, -21.46 million yuan in 2016, and 16.04 million yuan in 2017, accounting for the company’s profit in the corresponding periodThey are 69.
98%, 63.28%, the impact of securities investment on the company’s operating performance.
In mid-2017, Lanzhou Huanghe introduced the investment income of non-main business in the column of 802.
390,000 yuan, accounting for 34% of the total profit.
Due to asset reorganization, Shanghai R & S, which has been suspended since February 23 this year, has not released its own semi-annual report on August 20.
However, on July 28, it released the 2018 semi-annual performance newsletter showing that Shanghai Rice reported a continuous operating income of 9%.
6.1 billion, an increase of 10 in ten years.
77%; net profit attributable to shareholders of the listed company is 8.
55ppm, an annual increase of -220.
The announcement stated that the report measures the total of gains and losses on fair value changes and investment income from securities investments-13.
7.8 billion, a decrease of 17 over the same period last year.
6.9 billion yuan.
The 2017 semi-annual report shows that Shanghai R & S reported a profit for the first half of last year7.
* ST Haitou turned from previous profit to loss, earning 1 by trading stocks.
There are 6.2 billion companies similar to Lanzhou Yellow River and Shanghai Rice, and Shenghe Resources, Wenshi shares, Qunxing toys, Sinosteel International, Hongye shares, Shunyu shares and so on.
However, there are also companies that rely on stock investment for ten years to turn a profit.
Overview Hai Medical Industry 杭州夜网论坛 Investment Co., Ltd. (* ST Haitou) released the semi-annual report for 2018. The net profit attributable to shareholders of listed companies was 5073.
520,000 yuan, compared with -1 in the same period last year.
7.7 billion yuan.
* ST Haitou’s net profit previously changed from profit to profit, and its main contribution was investment income.
According to the reported amount, Donghua Software’s stock held by the company sold 11,207 in total.
With 0.54 million shares, Donghua Software held 4,491 shares at the end of the period.
87.38 million shares, with a total fair value of 8.
The total profit of Donghua Software’s disposal and the change in fair value at the end of the period resulted in a net profit of RMB 161.97 million.
Jinzhi Technology, Gao Weida, and other companies increased their property sales by flushing. According to financial data, as of August 20, 915 listed companies in the A-share market have issued financial statements for the first half of 2018.522 listed companies issued plans to transfer assets, of which 163 listed companies completed asset sales transactions in the first half of 2018.
On August 20, Zhuoyi Technology released the 2018 semi-annual report, and its operating income in the first half of 2018 was about 16.
200 million, an increase of 18 over the same period last year.
84%; net profit attributable to shareholders of listed companies is approximately 3448.
40,000 yuan, an increase of 1803 over the same period last year.
According to the number of reports, Zhuoyi Technology’s main business is to provide network communications, consumer electronics and intelligent terminal product research and development, manufacturing and sales services.
Regarding the increase in net profit this time, Zhuoyi Technology stated that it was mainly due to the income generated from the disposal of part of the distribution of associates in the reporting period.
On June 26, 2018, Zhuoyi Technology sold the equity of Beijing Chaoge Digital Technology Co., Ltd. to Zhejiang Crystal Optoelectronics Technology Co., Ltd. at a transaction price of 83.2 million yuan.In 1673.
10,000 yuan, accounting for 48 of its total net profit.
In addition to selling equity to improve performance, a large number of listed companies have recently sold their properties.
The three listed companies, Yushun Electronics, Gao Weida, and Jinzhi Technology, all announced their plans to sell their properties in late June.
Among them, the four properties sold by Yushun Electronics are expected to expand by approximately 1.
6.8 billion yuan.
Yushun Electronics said that the main purpose of the company’s proposed sale of the house is to revitalize the existing assets and promote the development of its main business.
Gao Weida intends to sell the real estate located at No. 32 Liangmaqiao Road, Chaoyang District, Beijing, with a construction area of 3717.
88 square meters, after the buyer and the seller have reached an agreement, the transaction price of the property including tax is 96,648,880 yuan.
Gao Weida said that the supplement from the sale of assets will be used to repay outstanding bank debts, supplement the company’s operating funds, reduce financial costs, and have a positive impact on the company’s financial position and operating results.
According to the company’s financial calculations, if the property transfer is completed, the company’s current non-operating income will increase by about 50 million.
The reason for Jinzhi Technology’s sale of properties is similar to that of Yushun Electronics. “To further revitalize the company’s existing assets, reduce the cost of remote management and maintenance, improve the efficiency of asset operations, appropriately control the size of bank assets and financial costs, and reduce the company’s asset-liability ratio.”
Jinzhi Technology said that the four residential properties in Beijing to be sold were purchased by the company in 2009 with a total area of 551.
36 square meters, the company plans to 3308.
It was sold to Jinzhi Group for a price of 160,000 yuan.
Since Jinzhi Group is the controlling shareholder of Jinzhi Technology, this transaction constitutes a connected transaction.
According to preliminary calculations by the company’s financial department, the net book value of the property sale, various taxes and fees are expected to increase the company’s net profit attributable to shareholders of listed companies in the first half of 2018 by approximately 19.73 million yuan.
Public information shows that the main businesses of the three listed companies are not real estate businesses.
Regarding the phenomenon in the A-share market of listed companies whose main business is non-real estate is to improve their performance by selling real estate, Yang Delong, chief economist of Qianhai Open Source Fund Co., believes: “Companies whose main business is non-real estate are increasing their performance by selling real estate., Can indeed increase the company’s net profit in the short term.
However, it is difficult to include it in the estimation.
Because this is a one-time income is not the company’s main business income.
For some shell companies, this method of selling certain real estate may be adopted in order to turn losses into profits. However, when investing, investors should pay attention to the one-time profit and loss after the investment is estimated.Make estimates.
Beijing News reporter Yan Xia Huang Xinyu