5 pictures to understand the market in May: the list of the top ten bull and bear stocks is here

5 pictures to understand the market in May: the list of the top ten bull and bear stocks is here

5 pictures to understand the market in May: the top ten bull and bear stocks are on the last trading day of May. The three major 苏州夜网论坛 A-share indexes closed collectively on the green disk.Now, the new shares have surged.

Looking back on May, the Shanghai Stock Index fluctuated around 2900 points, with a drop of 5 in May.

84%, Shenzhen Component Index fell 7.

77%, GEM Index fell 8.

63%.

  Which sectors are strengthening against the market?

Which stocks are performing amazingly?

21 Data Journalism Lab gives you a quick overview with 5 pictures.

  Turnover has shrunk by 40%. In May, the Shanghai stock index fluctuated in a narrow range. In May, the Shanghai stock index fluctuated below 3,000 points. In only four trading days, the index rose more than 1%, and the remaining trading days were within 1%Shock.

It may be that the Shanghai Stock Exchange rebounded when it hit around 2830 points three times.

  From the perspective of turnover, the trend of opening higher and lowering is obvious. The average monthly turnover is 4.9 trillion yuan, accounting for 40% of the average value in April.

    As an important force in the A-share market, the movement of funds to the north has always received much attention.

Wind data shows that the capital of Kitakami reached over 53.7 billion in May, the largest monthly net vertical record in history.

During the period, only two trading days, May 15 and May 18, had a net inflow record.

    Rare concept fires assisted the only 28 non-ferrous metals industries that received the sun, and only the non-ferrous metals received the sun, which rose by 2 in May.

52%, agriculture, forestry, animal husbandry and fishery, food and beverage, banks, and home appliances that rose against the market last month also showed relative resistance.

The auto sector led the two markets down.

    The reason why non-ferrous metals grow against the market is not unrelated to the hotness of rare earth concept stocks.

  According to wind data statistics, out of 139 popular concept plates, the rare earth concept plate has 24.

88% of the increase was ranked first, followed by artificial meat, which rose 18 in the month.

30%.

The most bearish concept stocks belonged to low-priced stocks, which fell 33 in the month.

78%.

    Jinli Permanent Magnet Co., Ltd. led the daily limit tide for 10 days and 9 shares. ST shares were collectively buried in the fiery market of concept stocks in May. Jinli Permanent Magnet Co., Ltd. (300748).

SZ) led the round of ups and downs with a performance of 9 boards in 10 days.

On the evening of the 30th, Jinli permanently announced that it does not directly own the rare earth mining resources, and on the 31st it still rushed to the daily limit.

Rare earth concept stocks

SZ) followed closely with a monthly increase of 91%.

North Mining Technology (600980.

SH), Minmetals Rare Earth (000831.

SZ), research and development of new materials (600206.

SH) and other five-month increases have exceeded 40%.

  Seed stocks also performed well in May.

Fengle Seed Industry (000713), which has the dual concepts of artificial meat and seed industry.

(SZ) monthly increase of 135%, this year has increased by more than 260%, but it is due to the large increase-the shareholders’ holdings are still effective in its practice, Fengle Seeds announced on the 27th that major shareholders intend to reduce their holdings in the next 6 monthsNo more than 2% of shares.

Dunhuang Seed Industry (600354.

SH), Wanxiang Denong (600371.

SH) and other seed stocks rose more than 60%.  Ice and fire two days.

  Some companies here have the potential to double, and some companies have been lying on the daily limit in May.

    The most tragic concept in May is ST / * ST shares, with 11 shares stretched out and swept the list of May bear stocks.

Under the strict supervision of A shares, the ST sector started a straight-down mode.

* ST Northern News (002359.

SZ), * ST Opal (Protection of Rights) (002711.

SZ) did not even open the limit board for a whole May.

Some people point out that in the future, the survival space of ST stocks will become smaller and smaller, and investors should pay attention to investment risks.

  Disclaimer: The content of this article conforms to the reference and is not used as an investment basis.

Investors do so at their own risk.

Dongfang Yuhong (002271) Annual Report Comment: Operating income increased by 36.

Significant improvement in 46% of operating cash flow

Dongfang Yuhong (002271) Annual Report Comment: Operating income increased by 36.

Significant improvement in 46% of operating cash flow

annual report.

The company achieved operating income of 140 in 2018.

460,000 yuan, an increase of 36 in ten years.

46%; realized net profit attributable to shareholders of listed companies 15.

08 million yuan, an increase of 21 in ten years.

74%;深圳桑拿网 realized non-net profits deducted from shareholders of listed companies.

23 ppm, an increase of 15 in ten years.

95%.

At the same time, the company realized net cash flow from operating activities in 201810.

140,000 yuan in 2017.

Significantly increased by 1386 on the basis of 68 million dollars.

48%.

The company’s operating cash flow improved significantly.

In 2018, the company received 129 cash from selling goods and providing services.

90 trillion, “receivables received by ABN and receivables received by factoring” in the financing activities was 13.

3.3 billion, the sum of the two is 143.

2.3 billion, with operating income of 140.

46 ppm is basically the same.

At the same time, the company’s bills payable and accounts payable increased, and the ending balance was 32.

00 billion, 11 than the beginning 杭州夜网论坛 of the period.

04 billion increased by 20.

9.6 billion, the increase in accounts payable is mainly due from goods, from the beginning of the period 6.

Growth of $ 4.9 billion at the end of 25.

9.2 billion yuan.

The company’s purchases from the top five suppliers in 2018 were 32.

24 ppm, accounting for 37% of annual purchases.

65%, ranking 47 in 2017.

35% accounted for a decline.

The lower profit growth was mainly due to higher raw material prices.

The gross profit margin of the company’s waterproof material sales in 2018 was 37.

48%, a decrease of 3 per year.

21 grades; gross margins of waterproof membrane and waterproof coating are 36 respectively.

74% and 38.

85%, respectively reduced by 3.

66 digits and 2.

36 units.The decrease in gross profit margin was mainly due to the rise in material costs. Direct materials in coil costs increased by 46 in 2018.

3%, direct materials in coating costs increased by 39 in 2018.

19%, which are higher than both in 2018 37.

19% and 33.

8% revenue growth.

The company’s raw materials, such as asphalt and polyether, are mostly petrochemical products, subject to large fluctuations in international crude oil prices.

Earnings and estimates.

We expect the company’s EPS to be about 1 in 2019-2021.

27, 1.

58,1.

80 yuan for 2019 PE18?
22 times, a reasonable value range of 22.

86?
27.

94 yuan.

risk warning.

The real estate boom has declined and oil prices have risen sharply.

Overseas Chinese Town A (000069) Quarterly Report Review: Profits Continue to Improve

Overseas Chinese Town A (000069) Quarterly Report Review: Profits Continue to Improve

OCT released the third quarter report of 2019: the company achieved operating income of 298 in the first three quarters of 2019.

6.1 billion, an annual increase of 21.

6%; net profit attributable to mother 59.

97 ppm, an increase of 17 in ten years.

8%, basic income is 0.

73 yuan.

The profitability of reviews continued to improve, and the sales gross profit margin hit a new high.

The company’s revenue and performance growth in the first three quarters of 2019 were 21 respectively.

6%, 17.

8%.

Thanks to the company’s unique resource acquisition method, the company’s sales gross margin reached a new high of 62.

6%, increase by 1 every year.

7 units; net sales margin 22.
.

8%, 0 per year.

9 averages, significantly expected industry average.

As of the first three quarters of 2019, the company’s advance accounts and contract debts reached US $ 72.7 billion, a continuous increase of 80%, and future performance growth is expected.

Cultural tourism takes land, and more first-tier and second-tier core cities are deployed.

In the first three quarters of 2019, the company supplemented 29 land projects and added 799 capacity plans.

530,000 square meters, with an equity building area of 520.

890,000 square meters, 65% equity.

The company’s new land reserves are still mainly focused on first- and second-tier key cities, and the strategic layout in Guangzhou, Shenzhen, Nanjing, Jinan, Wuxi, Zhengzhou and other cities has been further deepened. Cultural tourism and land acquisition are beneficial to the company’s cost advantage in land acquisition.
Leverage levels have risen, and short-term debt repayment pressure is low.

As of the first three quarters of 2019, the company’s asset-liability ratio was 76.

89%, an increase of 2 per year.

5 units; net debt ratio 102.

64%, an increase of 13.

3 units.

The company has abundant cash flow. As of the first three quarters of 2019, the company received 599 in cash from selling goods and providing services.

29 ppm, an increase of 65 in ten years.

77%; short-term loans and non-current debt due within one year totaled 267.

30,000 yuan, 410 currency funds in hand.

8 trillion, short-term debt repayment pressure.

Investment suggestion: Relying on the background of the group, OCT is a tourism practitioner in the whole region, and continues to cultivate on the development path of 佛山桑拿网 “culture + tourism + urbanization”.

The company’s “tourism + real estate” land acquisition model is difficult to replicate, with strong business entry barriers and easy to replicate in different places.

The soil reserves are large and high quality, and the release of future performance is expected.

We expect the company EPS to be 1 in 2019-2021.

57、1.
90, 2.
RMB 26, corresponding to 4 for PE.

52, 3.

73, 3.

13 times, maintain “Buy” rating.

Risk warning: industry sales fluctuations; policy adjustments leading to operational risks; changes in financing environment; corporate operational risks.

Xinlun Technology (002341) 2018 Annual Report and 2019 First Quarterly Report Comments: Changzhou Project Advances Less Than Expected Performance Progress

Xinlun Technology (002341) 2018 Annual Report and 2019 First Quarterly Report Comments: Changzhou Project Advances Less Than Expected Performance Progress

Event: The company released its 2018 annual report and 2019 first quarter report, and achieved operating income of 32 in 2018.

140,000 yuan, an annual increase of 55.

67%, net profit attributable to mother 3.

10,000 yuan, an increase of 74 in ten years.

53%, net profit of non-attributed mothers2.

35 ppm, an increase of 91 in ten years.

02%.

In Q1 2019, it achieved operating income6.

3.3 billion US dollars, an annual increase of 24.

53%, net profit attributable to mothers was 9.79 million yuan, a year-on-year decrease of 80.

89%.

Guoyuan’s point of view: The share of electronic functional materials has increased, but due to the sluggish downstream demand, the product’s share in Apple has continued to increase in 2018 to achieve $ 400 million, which has more than doubled every 2017.It is expected that the corresponding expected profit will be reduced by 30 million yuan.

The company has written some domestic mobile phone BOM lists in the second half of 2018, and the company’s overseas customer material numbers continue to increase in the first quarter. It is expected that the gradual revenue of electronic functional materials in 2019 is expected to continue to grow.

The first phase of the production of aluminum plastic film and optical film affects profits. The second phase of the project has delayed production. The Changzhou aluminum plastic film project and optical film project have been put into operation in July and November 2018. Due to the need to re-verify and introduce domestic production lines,The process of maximizing production capacity and climbing requires a process. The depreciation and trial production costs in the initial stage after the project is put into production gradually lead to the company’s fourth quarter breakthrough and the first quarter of 19’s net profit significantly reduced, dragging down cumulative results.

The company reorganized the second phase of the production of two projects, aluminum plastic film and optical film, from the end of March to the end of September and the end of December, respectively. The significant contribution of the new project is expected to 2020.

Since aluminum-plastic film and optical film belong to the field with great growth potential, we are optimistic about the release of performance of domestic projects in the medium and long term.

New business is growing steadily, which is expected to increase the company’s profits. After Qianhong Electronics’ merger and acquisition is completed, the company integrates the die-cutting sector, and the electronic material component business develops steadily. Qianhong’s 18-year net profit1.

5.6 billion yuan to complete performance commitments.

Revenue from Smart Molding Business for 18 years1.

2 ppm, an annual increase of about 30%. The basic construction of the PBO project has been completed, and mass 四川成都耍耍论坛 production will be gradually realized in 19 years.

The gradual formation of new business will enhance the company’s ability to resist risks, but it will also test the company’s management capabilities.

Investment suggestion and profit forecast The company’s Changzhou project has not been advanced as expected, and the expansion of subsequent projects in the short term may continue to drag the company’s performance release progress.

The company’s 18Q4 and 19Q1 results were significantly lower than expected, lowering the company’s profit forecast.

Expected operating income for 2019-2021 is 43.

4/55.

1/69.

2 trillion, the estimated net profit is 3.

9/5.

1/6.

5 trillion, lowered EPS to 0.

34 (-0.

22) / 0.

44 (-0.

33) / 0.

57 yuan / share, corresponding to PE of 29/22/17 times. Considering that often the project progress is less than expected, the company’s rating is downgraded to “overweight”.

Risks suggest that the downstream introduction of aluminum-plastic film and optical film is less than expected, and the capacity utilization of new production lines is less than expected.

Huayu Automobile (600741): Strategic acquisition of Yanfeng Bailide’s related assets to independently develop automotive intelligent safety system business

Huayu Automobile (600741): Strategic acquisition of Yanfeng Bailide’s related assets to independently develop automotive intelligent safety system business

Event: The company recently announced that Yanfeng Company and KSS (United States Bailide), wholly-owned subsidiaries of Huayu, based on their respective business strategy development needs, decided through consultations to postpone the purchase of relevant businesses and the related businesses by the joint investment companies andAssets, total transaction amount of Yanfeng’s purchase of assets is about 4.

2.8 billion yuan.

Completed the integration of Yanfeng Baili’s assets, built an independent development platform for the automotive occupant safety system business, and will independently develop the automotive intelligent safety system business in the future.

Yanfeng Bailide is a joint venture between Yanfeng and KSS, a wholly-owned subsidiary of Huayu (share ratio of 50.

1% and 49.

1%), the total amount of Yanfeng Intelligent Security Security’s proposed purchase of Yanfeng’s business assets from Yanfeng Bailide is approximately 4.

28 ppm, of which the estimated asset transaction value is approximately 2.

08 million yuan, the transaction amount of other assets is about 2.

200000000.

It is expected that after the transaction is completed, the corresponding funds will be returned to the joint venture in proportion to the shares, and Yanfeng Bailide Joint Venture will be restructured in the 杭州桑拿网 future.

With this announcement of the acquisition of Yanfeng Bailide’s related assets, Huayu will complete the construction of a wholly-owned automotive safety system business platform, which will serve as an alternative basis for the subsequent independent development of automotive safety business.

The asset consolidation is expected to increase Huayu’s consolidated income statement revenue in 2020, which will reduce profit.

Before the transaction, Yanfeng Bailider operated a joint venture with Huayu. The related income was not consolidated and the related profit was 50.

1% of the investment goes to Huayu to benefit.

Yanfeng Bailide achieved operating income of 58 in 2018.

6.3 billion, net profit 6.

4.9 billion.

According to the forecast of the current vehicle customer purchase plan, Huayu Yanfeng Intelligent 北京spa会所 Security intends to purchase the above assets, and it can achieve an operating income of approximately US $ 2.3 billion in 2020, and its profitability will remain basically stable. It is expected that the profit will be achieved through investment benefitsThe profits are comparable.

The industry has optimized asset allocation, strengthened the ability to independently develop intelligent and safe business, and at the same time, the company’s electric intelligent layout has taken the lead and maintained a “prudent increase” rating.

Absolutely, through the integration of acquisitions, the joint venture assets will be gradually internalized and the company’s own business scope and competitive strength will continue to be improved.

At the same time, the company has a comprehensive layout of core technologies for electric intelligence, leading mass production.

We are optimistic about the company’s long-term competitiveness, and believe that in the current process of the bottom of passenger cars going up, the company is expected to double-click upwards in estimation and profitability.

  We estimate that the company’s net profit attributable to its parent in 2019-2021 will be 68.

700 million / 74.

8 billion / 81.

800 million, maintaining the rating of “prudent overweight”.

  Risk warning: the industry recovery is less than expected, overseas factories are not operating well

Strong growth signals are released everywhere

Strong growth signals are released everywhere

For stocks, please read Jin Qilin analyst research report, authoritative, professional, timely, and comprehensive, to help you tap potential potential opportunities!

  Original title: The release of strong growth signals from various places is expected to be released more than usual. Reporter Liang Min ○ Editor Lin Jian While doing a good job of epidemic prevention and control, the trend of local work focus on economic development is becoming more and more obvious.

  ”Efforts to achieve this year’s economic and social development goals” “Research and formulate greater measures to support economic development efforts” “Take extra-conventional alternatives” . Recently, various places have held meetings to deploy a series of work priorities, and many contents and expressions have been passed onStrong signal of solid growth.

  Analysts believe that more local policies for stable growth are expected to be introduced, further increase tax and fee reductions for local enterprises, 杭州桑拿网 and accelerate government industry fund support for advanced manufacturing.

  To make up for the losses caused by the epidemic, in order to implement the relevant spirit of the Central Committee, various localities have recently participated in conferences to study and research opinions, and deployed the next step of work.

  Judging from the contents of the conferences in various places, localities are expected to do a good job of the “six stability”, effectively turn pressure into power, turn crisis into possibility, minimize the impact of the epidemic, and ensure the completion of economic and social development goals and tasks.

  The pressure for steady local growth is not small.

According to Shanghai Statistical Daily reporter’s rough statistics, 30 provinces have announced their economic growth targets for this year.佛山桑拿网

Except for Tianjin, Heilongjiang, Jilin, and Xinjiang, the GDP growth targets are lower than 6%, and other regions are all over 6% or set to 6%.

  ”The publication date of any local government work report is before January 21, 2020, when the new crown pneumonia epidemic had not yet occurred, and these expected targets had high estimates.

“Wang Hongju, a researcher at the Institute of Financial Strategy of the Chinese Academy of Social Sciences, said.

  Although the epidemic has affected the local economic operation to some extent, many places have clearly stated that the inertia and causes of economic growth still exist, and the fundamentals that have improved for a long time have not changed.

The governments of various places have put forward the need to pay close attention to the prevention and control of the epidemic, and to step up economic and social development, and do everything possible to make up for the losses caused by the epidemic.

  For the construction of major projects, clicking the “Fast Forward Key”
will play a key role in effective investment in the deployment of follow-up work, and promote the opening of key projects.

  For example, Sichuan proposed to implement in-depth actions to supplement shortcomings in key areas of infrastructure, accelerate the construction of major transportation projects, and strengthen the guarantee of land, funds, and other aspects.

Combined with the “Fourteenth Five-Year Plan”, we will plan ahead for large-scale projects based on the advancement of the dual-city economic circle in Chengdu and Chongqing; Ningxia requires to strengthen economic operation and scheduling, stabilize enterprise production and operation, grasp major project construction, and maintain stable economic operation;Hebei also pointed out that we must pay close attention to investment and construction of key projects, continuously expand consumer demand, and ensure a good start in the first quarter.

  The construction of major local projects has already clicked the “fast forward button”
.

SSE newspaper reporters combed and found that in the past two weeks, Shandong, Jiangsu, Anhui, Henan, Guizhou, Sichuan and other places have successively signed a large number of major projects or started construction, involving an investment scale of over one trillion yuan.

  In essence, Beijing, Fujian, Henan, Yunnan, Jiangsu and other places have also released a list of investment plans for major projects in 2020, with a total investment of more than 11 trillion yuan, of which infrastructure investment is still an important part.

  Su Jian, director of the National Economic Research Center of Peking University, said in an interview with the Shanghai Securities Journal: “The shortcomings of infrastructure construction are still an important starting point for steady local growth.

It is necessary to speed up the issuance of local debt, and to long-term improve the capital system for major infrastructure projects that meet the requirements of special claims.

“Advanced planning to promote the replacement of consumption. Actively promoting consumption is also the next priority for local work. Many places have proposed to plan ahead to respond to consumer demand that may be released quickly after the epidemic has ended.

  Guangxi proposes to vigorously promote the upgrading and upgrading of traditional consumption, and do a good job of “going home with cinnamon products” to boost consumer confidence and promote consumption replenishment.

  The relevant person in charge of the Tourism and Culture Department of Hainan Province revealed recently that Hainan is working out a plan to revive the tourism industry after the epidemic.

After the epidemic is stable, the International Tourism Consumption Year series will be fully implemented, giving priority to attracting activities that are highly attractive and stimulating consumption power, and increasing the strength of attracting tourists from outside the island. It will quickly resume charter flights abroad, restore potential and open up the inbound tourism market.
  In addition, many places are outstandingly expanding emerging consumption.

Among them, Guangxi proposed to vigorously develop new economies such as the digital economy, platform economy, creative economy, and flow economy; Sichuan stated that it is actively developing new technologies such as intelligent manufacturing, unmanned distribution, online consumption, medical health and online education, digital entertainment, and digital life.New business model.

  Hu Yuexiao, chief analyst at the Shanghai Securities Research Institute, said that despite the short-term impact of the epidemic, after the weather warms, retaliatory consumption growth will show up, and consumption and industry will jump up after squatting.

  More stable growth policies are expected to be promulgated, and strong signals of stable growth policies have also been released at relevant meetings.

  Guangxi mentioned that it is necessary to comprehensively analyze the research, determine with firm confidence, adopt an ultra-conventional alternative to replace the impact of the epidemic, grab back the lost time, and ensure that the economic and social development goals and tasks are completed; Yunnan is outstanding, and it is determined to prevent systemic risks from occurringBottom line, we should study and formulate more measures to support economic development in a timely manner.

  It seems that there are many references to “adopting supernormal replacements” in work deployments.

In this analysis, Zhang Jun, chief economist at Morgan Stanley Huaxin Securities, said: “Extraordinary means can be supported by advanced tax reduction and subsidy policies, guided by industrial development funds, and strengthened support for advanced manufacturing.Speed up economic restructuring.

Tang Jianwei, the chief official of the Bank of Communications, also told the Shanghai Securities Journal that the central government has recently introduced a number of steady growth measures, and that local governments mainly implement central policies.

In addition, local governments can increase tax and fee reductions for local enterprises, depending on the strength of local fiscal revenue.

  In Su Jian’s view, stable car consumption is also a policy option.

Relevant Air Force ministries have explicitly encouraged localities to introduce new energy vehicle consumption based on growth changes, adapt to local conditions, increase restrictions on the purchase of traditional vehicles, and carry out replacements for old and new vehicles.