Among them, there are 29 science and technology innovation board companies that have released revenue forecasts, of which 26 have achieved positive revenue growth year-on-year, accounting for nearly 90%, with the highest increase of 532.12%;
At the same time, 36 companies released their net profit forecasts for the first three quarters, of which 27 companies achieved positive year-on-year growth in net profit, accounting for 75%, with the highest year-on-year growth of 505%.
Figure | Before the net profit of the first three quarters increased year-on-year 10 science and technology innovation board companies (median) From the perspective of industry, before the net profit increased year-on-year 10 companies' industries were more dispersed than before.
It is worth noting that, in addition to the long-awaited track such as "Lithium-in-the-Core Medicine", Lihewei, Wang Nan Technology and Juquan Technology are all related to the smart grid.
In the announcement of performance forecast, Lihewei made it clear that the reason for the sharp increase in performance was the sharp increase in the performance of the power Internet of Things market, and the application and development of the company's chip technology and related products in various markets of the Internet of Things were also actively promoted. Compared with the same period of last year, the company's order growth was sufficient and stable, and the chip production capacity was effectively guaranteed;
Juquan Technology also mentioned the strong demand for the company's SoC chip and carrier chip products in the overseas electricity meter market in the research abstract disclosed on June 13.
If we only look at the results in the third quarter, among the 36 companies that have predicted the net profit returned to their mothers, 3 1 Q3 companies are in a single-quarter profit state.
Figure | Top 10 science and technology innovation board companies predicting the year-on-year increase (median) of their net profit in the third quarter From the perspective of their industries, among the top 10 companies, photovoltaics basically occupy "half of the country"-including equipment manufacturers Hai Muxing, Gao Ce, Oatway, inverter manufacturer Hemai Technology and component supplier Trina Solar.
The fourth quarter is usually the peak season for photovoltaic installation. According to the agency, the industry scheduling increased by about 10%- 15% on average in September, and it is expected that the scheduling of 5438+00%- 15% will increase in June. This year, with the release of new silicon production capacity, the industry boom is expected to exceed market expectations.
It is worth noting that the year-on-year increase in the first three quarters and the year-on-year increase in the third quarter ranked first.
The company said that the rapid growth of the company's revenue was mainly due to the continuous growth of orders and the increase of acceptance items during the reporting period. In the first three quarters, the company signed new orders of about 4.7 billion yuan (including tax), up about 88% year-on-year, and the orders in hand were about 7.3 billion yuan (including tax), up about 65,438+035% year-on-year.
Among the top ten companies with Q3 net profit growth, the number of lithium-related companies is second only to photovoltaic. In addition to Haimuxing, which also has photovoltaic business, it also includes Changyuan Lithium Industry, Pawa and Wanrun Xinneng.
Guotai Junan said that as the market of the third quarterly report approaches, as the sales volume continues to improve, the cost of raw materials gradually falls, and the low base of 202 1 is superimposed, the industrial chain of new energy vehicles will enter the double-click of sales volume and performance, and the market of the third quarterly report is expected to gradually open.
How is the market outlook laid out around the third quarterly report? Overall, the institutional view is relatively optimistic.
For example, Caitong Securities believes that after about two months of adjustment, the current market is close to the low level at the end of April. Judging from the valuation of major sectors, the P/E ratios of SSE 50, CSI 300, CSI 500, CSI 1000 and Kechuang 50 are in the quantiles of 17%, 18.6%, 7.7%, 8.7% and 5.3% respectively, which are also at the bottom of history.
Analysts pointed out that the market of 5438+00 in June will develop in the direction of high profit growth exceeding expectations under the catalysis of low valuation blue-chip policy. Among them, in terms of growth, combined with the third quarterly report, we can pay attention to the direction of new energy track, semiconductor, innovation and digital economy with reasonable valuation and high cost performance in 2023.
However, Everbright Securities also reminded that the future rise may not happen overnight. In the current position, the market may experience a running-in period, and the market may usher in a mid-term turning point in the fourth quarter.