2010 Annual Report Released More Than Half &Nbsp; 98% Small And Medium Board Listed Companies Earnings

According to Wind statistics, as of April 1st, a total of 338 listed companies in the SME Board issued the 2010 annual report. Among them, 332 companies accounted for 98% of the profits. Only 6 companies are losing money.

As of March 27th, the annual report has been increased by 40.5% compared with the company's net profit. The main board company grew by 40.9%, the small and medium board company increased by 35.6%, and the gem company grew by 38.9%. Following the 2009 annual report and the semi annual report in 2010, the growth of small and medium-sized boards and GEM companies was once again inferior to that of the main board.

98% of the company's profits.

86% companies share dividends.

Sunning appliances are far ahead of the 332 profitable companies with a net profit of 4 billion yuan. The net profit of Jin Feng technology was 2 billion 290 million yuan, ranking second, and the Yanghe River shares ranked third in net profit of 2 billion 205 million yuan.

It is somewhat surprising that although the net profit increased by 30% over the same period last year, Suning Appliance, known as "cash cow", only introduced the profit distribution plan of "10 faction 1 yuan" (including tax). Since the end of 2004, Suning has launched a massive dividend plan at the end of each year, which is the most stingy one this year. The undistributed profit per share is more than 0.9 yuan, and the capital reserve per share is more than 0.4 yuan, and there is still considerable room for distribution.

In contrast, the Yanghe River shares are quite generous. The annual report shows that operating income in 2010 was 7 billion 619 million yuan, an increase of 90.38% over the same period, and net profit attributable to shareholders of listed companies was 2 billion 205 million yuan, an increase of 75.86% over the same period last year. The company realized earnings per share of 4.90 yuan in 2010, which was higher than the market expectation of 4.71 yuan. At the same time, the company also launched a generous dividend scheme, which intends to increase 10 shares in every 10 shares and distribute cash 10 yuan (including tax) at the same time.

According to Wind statistics, as of April 1st, a total of 291 small and medium listed companies had dividend schemes, accounting for 86%, much higher than the 30% share of the main board companies.

In addition, the company with a net profit of more than 1 billion yuan in 2010 has 1 billion 537 million yuan for Rongsheng petrochemical, 1 billion 456 million yuan for the open coal industry, 1 billion 210 million yuan for Hai Pu Rui, 1 billion 100 million yuan for new and 1 billion 100 million yuan, and 1 billion 10 million yuan for Hikvision.

As of April 1st, the most loss making company of small and medium board is Huaxing Chemical, with a net profit loss of up to 130 million yuan.

Insiders pointed out that the market of glyphosate, the leading product of Huaxing Chemical Industry, is still in the doldrums, with a serious surplus of capacity and a substantial increase in the prices of raw materials. Therefore, glyphosate enterprises represented by Huaxing Chemical Industry will be in a long-term industrial dilemma.

Wo Hua pharmaceuticals ranked second in terms of loss of 97 million 810 thousand yuan.

The annual report shows that the company achieved operating income of 90 million 920 thousand yuan last year, down 47.2% from the same period last year, and net profit attributable to shareholders of listed companies was 97 million 810 thousand yuan, down 286.76% compared to the same period last year.

In addition, ST Qionghua lost 68 million 140 thousand yuan in net profit in 2010, 16 million 450 thousand yuan in Luoping zinc power loss, 9 million 80 thousand yuan in tourism losses in Yunnan, and 590 thousand yuan in Huai oil shares.

Executives and important shareholders' reduction behavior

The proportion is as high as 94%.

During the annual disclosure period, the reduction of executives of small and medium-sized board companies is always noticeable.

According to Wind statistics, in the 338 small and medium-sized board companies that have issued annual reports, 406 major shareholders have changed their holdings, while the proportion of holdings is 94%, and the holding behavior is only 6%.

Among them, executives and individuals had 114 reduction behaviors, accounting for 29%.

Wind data show that as of April 1st, in the company that has released the annual report in 2010, Lu Xiang shares the largest number of executives. 7 executives cut 14 million 470 thousand shares, of which, since mid December 2010, chairman Ke Rongqing has been holding five major trading platforms in the Shenzhen stock exchange for five consecutive years, holding 10 million 50 thousand shares and cash in about 279 million yuan.

For the purpose of cash, Lu Xiang shares announced that in order to support the company's strategic development, Ke Rongqing intends to provide the company with a cash subsidy of 150 million yuan, which is valid for one year and is free from interest payments.

Wo Er new material executives week peace reduction of 10 million shares, Tian Kai Ji holdings of 1 million 580 thousand shares, a total reduction of 11 million 580 thousand shares.

Xu Yusuo, chief executive of the company, has reduced 11 million shares of the company's stock and has reached 265 million yuan.

Executives of small and medium sized listed companies continue to cash in large quantities, causing numerous disputes in the market. Executives are constantly losing cash and investors are losing confidence in the company.

A brokerage analyst pointed out that there are two reasons why executives of listed companies reduce their holdings: first, in order to cash in; two, in their view, stock prices have completely overdrawn future growth.