Sci Tech Innovation Board Half Year Report Comes Out One After Another: Semiconductor And New Energy Track Continue To Be Hot, Northward Capital Increases

? ? ? In the first half of 2021, companies listed on the science and technology innovation board, which take "hard technology" as the background color, hand in their semi annual report cards one after another.

According to the statistics of the 21st century economic report, as of August 17, 141 stocks of the science and technology innovation board have disclosed their semi annual reports or performance forecasts. The overall disclosure rate of the science and technology innovation board has exceeded 40%, of which 9 companies have reported better than expected performance. From the perspective of profit performance, 63 companies are expected to have significant improvement or improvement expectation (double the year-on-year growth), and their industry distribution is mainly concentrated in the direction of high prosperity such as pharmaceutical biology (16), electronics (12), mechanical equipment (11).

According to the current situation disclosed by the China Daily News, the performance of listed companies on the science and technology innovation board in the first half of this year is still maintaining a rapid growth. Specifically, 81 listed companies on the science and technology innovation board which have published their semi annual reports have achieved a total operating revenue of 55.585 billion yuan, with an average year-on-year growth rate of 70.13%; The total net profit was 6.09212 billion yuan, with an average year-on-year growth rate of 189.52%.

The performance of the science and technology innovation board is also favored by investors. In July, Beishang capital's shareholding in the science and technology innovation board increased. By the end of the second quarter, institutional positions were mainly concentrated in the pharmaceutical manufacturing industry, chip industry, etc.

Semiconductor and lithium battery companies are popular

Under the background of "lack of core" and booming production and sales of new energy vehicles, the performance of Companies in the semiconductor and new energy battery industry chain is very gratifying.

Among the 81 companies that have disclosed interim reports, the companies with the highest performance growth are mainly in the software and information technology service industry, the computer, communication and other electronic equipment manufacturing industry, and the non-metallic mineral products industry.

From the perspective of Ming microelectronics, long-term lithium technology and Shengong Co., Ltd., the top three companies in terms of revenue growth and net profit growth, the first half of this year's performance growth of sci-tech innovation board is mainly the individual stocks of semiconductor concept and lithium battery concept.

Ming microelectronics, whose net profit increased nearly 10 times, belongs to the software and information technology service industry. The company's main business is integrated circuit R & D design, packaging test and sales, and its products are widely used in the fields of display screen, intelligent landscape, lighting and home appliances.

In the first half of 2021, Ming microelectronics realized a revenue of 618 million yuan, with a year-on-year increase of 237.69%; The net profit was 303 million yuan, with a year-on-year increase of 944.79%.

According to the interim report, the company believes that the main reason for the sharp increase in performance in the first half of the year is that the company's integrated circuit industry continues to improve, the demand for downstream application fields is strong, and the sales volume of each product line of the company increases significantly. The data shows that the sales volume of Ming microelectronics products increased by 1.141 billion in the first half of the year, up 107.39%; Compared with the same period of last year, the sales revenue of products increased by 431 million yuan, with an increase rate of 237.30%.

The company's performance in the secondary market is quite impressive. Since the beginning of the year, Ming microelectronics has increased by more than 400%.

Shengong shares, which is in the upstream of the semiconductor industry chain, has a high correlation with the prosperity of the downstream semiconductor industry.

In the first half of the year, the company realized operating revenue of 204 million yuan, with a year-on-year increase of 354.8%; The net profit was 100 million yuan, with a year-on-year increase of 415.4%.

The long-term growth of Li Ke's net profit of nearly 20 times confirms the popularity of new energy racetrack. The company is mainly engaged in the R & D, production and sales of high-efficiency battery cathode materials. The company is one of the first enterprises in China to engage in the research and development and production of ternary cathode materials. At present, long term lithium technology has entered the supplier system of mainstream lithium battery manufacturers such as Ningde era and BYD.

In addition to the reason for the low base in the same period of the first half of the year, long-term lithium said that since the introduction of a series of domestic new energy vehicle stimulus policies in the second half of 2020, the company's production and operation situation has been greatly improved, and the income scale and profit level have increased significantly.

Continued inflow of capital northward

In July, Beishang capital continued to increase its position in the science and technology innovation board.

As of July 31, the market value of the shares held by Shanghai and Shenzhen stock exchanges in that month was 12.933 billion yuan, accounting for 0.53% of the total market value of a shares held by Shanghai and Shenzhen stock exchanges, an increase of 0.19 percentage points compared with June. The stock market value in July increased by 3.954 billion yuan over the previous month. The top five companies holding the stock market value in Shanghai and Shenzhen stock market are Haier Biology (688139. SH), Chuanyin holding (688036. SH), Jinshan Office (688111. SH), LanChi Technology (688008. SH) and RuiChuang micro nano (688002. SH), with stock market value of more than 1 billion yuan. Among them, the shareholding of Haier biology accounted for a large proportion of free circulation shares, accounting for 13.86%.

In July, the top five companies in Shanghai and Shenzhen stock exchanges were Chuanyin holdings, China Communications (688009. SH), Haier biology, Jinshan office and Daotong Technology (688208. SH); The top five companies with reduced holdings are Zhongwei company (688012. SH), RuiChuang micro nano, Western superconductor (688122. SH), Fudan Zhangjiang (688505. SH) and hongruan Technology (688088. SH).

Why does Beishang fund favor these companies?

Chen Mengjie, chief strategic analyst of YueKai securities, said in an interview with the 21st century economic report: "the transaction of allocated northbound funds is long-term, focusing on changes in fundamentals and investment logic, and more sensitive to liquidity. Under the background of China's increasing emphasis on high-end manufacturing and hard science and technology development, the scientific and technological attributes and positioning of the scientific and technological innovation board are clear, and the investment in the companies with great potential conforms to its long-term positioning. In addition, from the medium-term perspective, the current electrical equipment, electronics, mechanical equipment, automobile, communication and other sectors maintain a high degree of momentum, and the sectors with continuous marginal improvement in investment performance also conform to the concept of "basic face value first" going northward

At the same time, Chen Mengjie also pointed out: "as a smart capital of a shares, Beishang capital has a certain leading significance, and it is suggested that investors should actively pay attention to the change of Beishang position."

However, compared with the first quarter of this year, the proportion of institutional shares in the scientific and Technological Innovation Board showed a downward trend. Among the 326 listed companies on the science and technology innovation board (excluding "one stone"), the proportion of institutional shares decreased by nearly 10%.

In terms of institutions, 216 companies had reduced their positions, 74 companies had increased their positions, and 36 companies had no institutional shares in both quarters. By the end of the second quarter, the company with the largest institutional shareholding in the science and technology innovation board was Weisheng information (688100. SH), with a shareholding ratio of 74.1%.

As for the adjustment of institutional positions, Chen Mengjie's interpretation is: "recently, the market is in a period of turbulence, and the market volatility is increased with the increase of macro disturbance factors at home and abroad. The hot track stocks with large early growth and full expectations are slightly crowded. Therefore, from the Perspective of trading, the market is in a period of turbulence, Some institutions in the early period of a larger increase in individual stocks ahead of profit taking, resulting in the current market high and low switching and short-term style rebalancing. Although there are short-term disturbances, professional institutions attach importance to fundamental investment, and it is expected that the high prosperity growth plate in the second half of the year will still be the main line of A-share investment. "

As of the second quarter, the company with the highest proportion of shares held by the science and technology innovation board fund was siripu (688536. SH), accounting for 47.3% of the total shares. Yirui Technology (688301. SH) is the company with the highest shareholding ratio of QFII.

The social security fund, also known as "smart capital", frequently adjusted its positions in the second quarter. As of the end of the period, the social security fund appeared as the top 10 circulating shareholders of 10 science and Technology Innovation Board companies, with 8 new entrants and 1 holding unchanged. In the second quarter of the second quarter, social security fund 504 portfolio became the second largest circulating shareholder with 1996800 shares at the end of the period. From the performance point of view, the company's net profit loss in the first half of the year was close to 100 million yuan. However, the substantial increase in revenue after the company's first product on the market entered medical insurance may be the reason why many institutions increased their holdings in the second quarter. Some securities companies believe that the company's revenue is expected to increase significantly in the next three years, and the loss situation will also improve.

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