The Five Anti Inflation Industry Will Be Available In May. Related Stock Notes

Biological medicine fund net inflow 218 billion 750 million yuan

According to the research center of the Securities Daily, in May, the trend of biopharmaceutical shares was strongest in the overall sector. The industry index increased by 1.26% in May, ranking the first in 32 industries. The total inflow of funds in May was about 218 billion 800 million yuan, accounting for 7.1% of the total paction volume, and the overall price earnings ratio of the plate was 80.56 times (TTM).

According to statistics, stocks, 73% of the stocks in the sector, outperformed the Shanghai Composite Index, of which *ST Vida (000603), fish diving medical (002223), Jiang Zhong medicine, Wandong Medical (600055) and Tian Shi Li (600535) were the top gainers. The five stocks rose more than 18% or above. The value of *ST is Vida. After the suspension of 2 years, the rate of resumption increased to 98.19% in May, and the increase in medical treatment jumped to 39.76%. In May, the market performance was so good that it was not easy.

Among them, in May, the number of biopharmaceutical shares before the paction was: first, Hai Pu Rui (002399), the total paction amount was 13 billion 800 million yuan; second Baiyun Mountain, the total paction amount was 7 billion 500 million yuan; third Xin Litai (002294), the total paction amount was 7 billion 200 million yuan; Fourth North China medical drugs, the total turnover was 4 billion 833 million yuan; fifth Shanghai medicine (601607), the total paction amount was 601607 yuan.

Biopharmaceutical low price earnings ratio of the top five stocks were Zhejiang medicine (600216), Fosun medicine (600196), Xin He Cheng (002001), Northeast Pharmaceutical (000597) and Zhong Zhu Holdings (600568), P / E rates were 10.36 times, 11.04 times, 13.43 times, 14.05 times and 14.93 times respectively.

With the obvious expansion of the pharmaceutical market, China is expected to become the second largest market in the world.

With the increase of economic growth and the increase of medical reform coverage, the medical market will expand obviously.

According to IMS, China is expected to surpass Japan and European countries by 2020 and become the second largest market after the US.

The sub sectors grew steadily in the first quarter and their profits were good.

The income growth rate of pharmaceutical listed companies showed a trend of bottom up. In the first quarter of 2010, revenue reached 46 billion 655 million yuan, an increase of 23.91% over the same period last year, and realized a total profit of 6 billion 479 million yuan, an increase of 49.85% over the same period last year.

Haitong Securities (600837) latest industry report that the valuation of the pharmaceutical industry relative to the market is at a high level, the second half of the year may be divided, and the Growth Company with high performance supports the possibility of high innovation after consolidation.

It is recommended to pay attention to listed companies such as Le Pu medical (300003), Kangmei Pharmaceutical (600518), human welfare medicine (600079), En Hua Pharmaceutical (002262), Tian Shi Li, Dong'e donkey hide gelatin (000423), Huarun 39 (000999), Li Zhu group (000513), ereye Ophthalmology (300015), Furui shares (300049) and other listed companies, giving the pharmaceutical industry "overweight" rating.

{page_break}

The net inflow of agriculture, forestry, animal husbandry and fishery was 107 billion 830 million yuan.

In May, agriculture, forestry, animal husbandry and fishery fell by 2.86%, and the overall performance was ranked fifth among the 32 industries.

In May, the total inflow of funds was about 107 billion 830 million yuan, accounting for 3.5% of the total paction volume, and the overall price earnings ratio of the plate was 16.21 times (TTM).

According to statistics, 55% of the stocks in the sector have won the Shanghai Composite Index. Among them, the Eastern Garden (002310), Deng Hai seed industry (002041), Da Yu water saving (300021), the Great Northern Wilderness (600598) and new race shares (600540) rose to the top five, the Eastern Garden Rose 23.8%, the Deng Hai seed industry increased 22%, Da Yu increased the water saving 13.4%, the Great Northern Wilderness rose 8.24%, and the new race shares rose.

Among them, the former agriculture, forestry, animal husbandry and fishery stocks in May were: first, Ronghua Industrial (600311), the total turnover was 8 billion 140 million yuan; Second Long Ping high tech (000998), the total turnover amounted to 8 billion 90 million yuan; third Luo Niu Shan (000735), the total turnover was 6 billion yuan; fourth COFCO tuhe (600737), the total turnover amounted to 5 billion 900 million yuan; the Great Northern Wilderness, the total volume of pactions was $8 million.

Agriculture, forestry, animal husbandry, fishery, low price earnings ratio, the top five stocks have new hope (000876), Ruyi group (000626), Fengyuan biochemical (000930), Tian Bang share (002124) and Tianjin Songjiang (600225), P / E rates are 16.86 times, 26.93 times, 28.85 times, 31.55 times and 31.9 times respectively.

Agriculture, forestry, animal husbandry and fishery industry has risen sharply in recent years, and the valuation is relatively high. There is a demand for callbacks in the short term.

From the price analysis, we see that inflation expectations are strong. Therefore, Minsheng Securities believes that when the industry returns, the sub sectors with inflation concept will be relatively down, or even rise.

It is suggested that we should pay attention to the seed industry of the sea, 000713 of the seed industry, 002299 of the development of agriculture, 002385 of the North Korea (002069), the best of the family (600467), and the initiation of International (600097).

The new hope of lowest price earnings per share is the leading national leading enterprise of agricultural industrialization in China.

The company has three main businesses, including feed, slaughtering, meat products and dairy products. It has 20 million tons of feed production capacity, 750 million poultry processing capacity and 7 million 500 thousand pig processing capacity.

In 2009, it sold 1 million 250 thousand tons of various kinds of feed, sold 290 thousand tons of dairy products, slaughtered 1 million 730 thousand pigs, and sold 162 thousand and 400 tons of cold meat.

{page_break}

Electronic components of the net capital inflow of 170 billion 300 million yuan

According to the research center of the Securities Daily, in May, the biopharmaceutical unit fell by 1.82%, but it ranked second in 32 industries.

In May, the total inflow of funds was about 170 billion 300 million yuan, accounting for 2.5% of the total paction volume, and the overall price earnings ratio of the plate was 59.49 times (TTM).

According to statistics, 68% of the stocks in the sector have won the Shanghai Composite Index. Among them, billion weft lithium (300014), Copper Peak Electronics (600237), Fei Le sound (600651), Shiyi (002137) and snow lett (002076) rose to the top five, 100 billion Li Li can rise 45%, Copper Peak Electronics 27%, Fei Le sound rise 24%, real benefit up 21.7%, snow lett rose 45%.

Among them, the number of electronic components in advance in May was: the first national technology (300077), the total paction amount was 10 billion 400 million yuan; second Fei Le acoustics, the total paction amount was 9 billion 800 million yuan; third long electric technology (600584), the total paction amount was 9 billion 780 million yuan; fourth Copper Peak Electronics, the total turnover was 6 billion 870 million yuan; fifth in the central three ring (000970), the total paction amount was 000970 yuan.

Electronic components low price earnings ratio of the top five stocks were Ningbo Yun Sheng (600366), Shenzhen Huaqiang (000062), Sheng Yi Technology (600183), Alex Hua Tian Technology (002185) and Fala Electronics (600563), P / E ratio were 12.66 times, 22.32 times, 24.2 times, 34.6 times and 35.68 times.

The revival of the economy has restored consumer confidence and led to a rebound in terminal demand, which has become the key to the recovery of the electronics industry.

With the continuous application of new technologies to terminal electronic products, electronic terminal products are constantly upgrading, new products are in line with the trend, and the market is growing rapidly.

Global PC sales increased by 27% in the first quarter.

New display technologies, such as LED backlight technology and 3D display technology, are driving the TV entry to a new growth stage.

In the first quarter, global semiconductor sales increased by 58.32% over the same period last year.

Since November last year, global sales have experienced a three consecutive month of decline. In March, semiconductor sales rose again, with a new growth rate since November 2007.

Qilu Securities believes that we should pay attention to companies that have clear growth and have relative valuation advantages, such as Guangzhou Guoguang (002045). At the same time, we suggest that companies concerned with product renewal and benefits, such as continuing to focus on Lai Bao Gao Ke (002106), has planned to expand the touch-screen capacity considerably.

The market of mobile mini projector has signs of starting, and we should pay attention to crystal Optoelectronics (002273).

{page_break}

The lowest price earnings per share Ningbo rhyme rise is the world's best supplier of rare earth ferromagnetic materials NdFeB. At present, the annual production of NdFeB is over 4000 tons. The middle and top grade products have accounted for more than 70% of the company's products, and NdFeB accounts for 75% of the company's profits.

In the 07 year, the company's KPM expansion project will be built as the largest R & D production base of KPM magnetic steel in China. The annual finishing capacity of KPM magnet steel will reach 160 million, while KPM magnet is the key component of permanent magnet motor. At present, the high efficiency synchronous permanent magnet motor is the main electric motor of new energy vehicle, and the 1 million hybrid electric vehicle needs more than 20 million tons of high-grade rare earth permanent magnet.

Shenyin Wanguo gives the company "overweight" rating.

The 2010-2012 - year earnings per share of the company are 0.4, 0.6 and 0.85, respectively, corresponding to the current price earnings ratio of 47.6, 31.4 and 22.3 respectively.

Consider maintaining the company's "overweight" rating.

Net capital inflow of food and drink was 77 billion 800 million yuan.

According to statistics from the Securities Daily Research Center, in May, the food and beverage shares fell by 1.94%, ranking the third among the 32 industries.

In May, the total inflow of funds was about 77 billion 800 million yuan, accounting for 2.5% of the total paction volume, and the overall price earnings ratio of the plate was 52.25 times (TTM).

According to statistics, 67% of the stocks in the sector have won the Shanghai Composite Index. Among them, Chongqing beer (600132), Elantra, the Yanghe River shares (002304), Heng Shun vinegar industry (600305) and Chengde Lulu (000848) rose the top five, Chongqing beer rose 18.47%, Yi Lan increased 12.3%, the Yanghe River shares increased 9.04%, Heng Shun vinegar industry climbed 6.38%, Chengde Lulu rose 5.82%.

Among them, the top food and beverage stocks in May were: the first Wuliangye (000858), the total paction amount was 6 billion 800 million yuan; second Guizhou Moutai (600519), the total turnover was 5 billion 960 million yuan; third Chongqing beer, the total paction amount was 5 billion 70 million yuan; Fourth Elantra, the total paction amount was 4 billion 530 million yuan; fifth *ST ely (600887), the total paction amount was 600887 yuan.

The top five food and beverage companies with low price earnings ratio were Nanning sugar industry (000911), Luzhou Laojiao (000568), Hainan Coconut Island (600238), Wuliangye and Guizhou Moutai, and their P / E ratios were 17.78 times, 22.75 times, 22.94 times, 27.57 times and 28.55 times respectively.

The recent performance of dairy products is the most eye-catching, especially the growth of liquid milk production, a 8.9 percentage point increase in the chain.

Liquor and wine continued to grow rapidly, with the growth rate of wine increased.

Beer, the output growth in April dropped to normal range, beer industry peak season is coming, low cost factors will continue to push up the gross margin level.

The poor performance of the first quarter led to the continued decline in the valuation of high-end liquor companies. The valuation level is relatively safe at present, but there is still much uncertainty about the release of the company's performance.

Two days and three lines of liquor are relatively optimistic in recent years. The first is gold seed wine (600199), followed by gujinggong, Shanxi Fenjiu (600809) and Xinjiang's theme (600197).

You can also focus on Wuliangye, Tsingtao Brewery (600600), Zhangyu A (000869), Shuanghui development (000895), *ST Erie, Guangming dairy (600597) and Heng Shun vinegar industry.

{page_break}

The net inflow of non-ferrous metals is 220 billion 570 million yuan.

In May, the share of non-ferrous metals fell by 2.41%, ranking fourth in 32 industries.

The total inflow of funds in May was about 220 billion 570 million yuan, accounting for 7.1% of the total paction volume.

According to statistics, 60% of the stocks in the sector have won the Shanghai Composite Index. Among them, Tiantong shares (600330), Baotou Steel Rare Earth (600111), Dongtan industry, Baotai shares (600456) and Bo Yun new materials (002297) rose to the top five, Tiantong shares rose 24.7%, Baotou Steel rare earth rose 22.47%, the East tantalum industry (000962) increased 20.9%, BaoTi shares rose 18.4%, and Bo Yun new materials rose.

Among them, the number of non-ferrous metals in the former May is: the first Baotou Steel Rare Earth, the total turnover is 28 billion 300 million yuan; second Shandong gold (600547), the total paction amount is 21 billion 200 million yuan; third gold in gold (600489), the total paction amount is 17 billion yuan; fourth gold in south of the Five Ridges (000060), the total turnover is 10 billion 500 million yuan; fifth Zijin Mining (fifth), the total paction amount is RMB yuan.

The top five of the low price earnings per share of non-ferrous metals are Nanshan aluminum (600219), Jiaozuo Wanfang (000612), Zijin mining, Jingyi stock (002295) and Yuguang Gold lead (600531). The P / E ratios are 23.95 times, 24.09 times, 27.36 times, 30.46 times and 31.06 times respectively.

Haitong Securities believes that from a variety perspective, maintaining the copper industry "overweight" rating, that copper prices are still stronger than other basic metals; and aluminum, lead, zinc and other future prices will be weak, the industry continues to enhance the profitability of the space is less likely to give a "neutral" rating.

In the future, we will continue to look forward to the development prospects of precious metals and strategic metals (mainly rare metals) and maintain the "overweight" rating.

Investment opportunities in the future industry will come from demand upgrading, industry restructuring and resource expansion.

Datong securities in the company's research report to give the lowest price earnings ratio Nanshan aluminum industry "highly recommended" rating.

It is believed that the increase in production and structural optimization of high value-added aluminum foil billets, cans and aluminum foil in the future hot rolled, cold rolled and aluminum deep products will enhance the gross profit level of the company.

Although the first quarter of this year's performance is only 0.07 yuan, due to the company's traditional off-season in the first quarter, the performance will be significantly lower than the other quarter.

However, considering the dilution of shares and the decline in alumina prices after the company's 2009 additional share issuance, it is expected that earnings per share will be 0.6 yuan in 2010 and the target price will be reduced to 12-15 yuan. At present, the stock price of the company is near 9 yuan, and the valuation is relatively cheap, so as to maintain the "highly recommended" rating.