Home appliances, light industry and electronics industry

The Shanghai and Shenzhen Stock Exchange's semi-annual report is coming to an end, and the third-quarter performance forecasts of listed companies are in full swing. As of August 19, a total of 334 listed companies in the Shanghai and Shenzhen stock exchanges had announced their third-quarter performance forecasts, of which 62 were raised in their forecasts and 100 were raised slightly. 43 and 16 listed companies respectively continued to raise their performance. Make a profit, turn a loss into a profit. In other words, 221 listed companies will show a positive upward trend in the third quarter, accounting for 66.17% of all companies that issue performance forecasts.

Among the listed companies with declining performance, there are 24 companies expecting performance decline, 28 companies continuing to lose money, 50 companies with a slight decline in performance, and 6 companies with declining performance, accounting for only 32.34%. Performance forecast There are 5 companies that are uncertain.

From the perspective of the distribution of industries that performed well in the third quarter, according to the classification of the Shenyi industry, the industries that accounted for more than 10% of the industry constituent stocks were: home appliance industry 19.61%, light industry manufacturing 17.65%, electronics 14.73%, and building materials 12.10% , Machinery and equipment 11.89%, textile and clothing 11.69%.

Among the 51 listed companies in the home appliance industry, 11 listed companies disclosed their forecasts for the third quarter. Except for the 1 company of Sheng Leda, the other 10 companies all performed well, including Vantage, Sunway, Sanhua, etc.

In the third quarter of the home appliance industry, it seems to be expected that the pre-hi companies accounted for the first place. Data shows that the overall main business of the home appliance industry in the first quarter increased by 19.30% year-on-year, and the growth rate has further increased. At the same time, benefiting from the alleviation of raw material cost pressure and the improvement of product structure, the overall profitability of the industry has also improved. In the context of a good fundamental outlook, from the beginning of the year to August 19, the home appliance sector rose by 15.86%, which clearly outperformed the broader market and many cyclical traditional industries.

In the eyes of market participants, the home appliance sector still has the characteristics of low valuation, definite performance and high dividends. "At present, the long-term growth rate of the air-conditioning industry is the most certain. In the short term, the hot summer may become a potential driving force for the stock price rise. With the active real estate market, the kitchen appliance industry is expected to show rapid growth, urbanization and rural demand. Release to ensure its long-term growth. With the arrival of the peak inventory season, panel prices are expected to stabilize and rise in the third quarter, and the prosperity of the panel industry next year is expected to continue." Changjiang Securities analyst Chen Zhijian said.

In the light industry manufacturing industry, which accounts for the second largest proportion, 16 listed companies have released third-quarter performance forecasts, 15 reported good news, and only one has slightly lowered their performance forecasts. This is definitely the “current situation in Shenwan’s 23 classification industries”. "Excellent students" in the third-quarter performance forecast. In addition to HALS, Hexing Packaging, Shengda Forestry and Seagull Sanitary Ware, there are three companies that have achieved profit recovery, namely Weihua shares, Guanfu Home Furnishings and Shengcheng Lin.

At present, the better performance prospects of the light industry have a lot to do with the gradual recovery of the overall economy. Take the packaging industry of the light manufacturing industry as an example. In 2013, as the demand for food and beverage, 3C products and some household appliances picked up, related packaging companies gradually recovered. In the second half of the year, with the further improvement of the economic environment and rising demand in related industries, listed light industry manufacturing companies will gain more momentum for development.