With the release of the 2023 annual performance reports of listed companies on the Beijing ** Stock Exchange (hereinafter referred to as the "Beijing Stock Exchange"), the attention of institutions to the Beijing Stock Exchange has continued to increase, and the listed companies on the Beijing Stock Exchange have been intensively investigated by institutions 111 times during the year.
Since the beginning of this year, institutions have intensively investigated the listed companies on the Beijing Stock Exchange, and the attention to the Beijing Stock Exchange has gradually increased, which is conducive to enhancing the market activity of the Beijing Stock Exchange, improving market liquidity, enriching the investor structure, and improving the market mechanismOn the other hand, it can enhance the attractiveness of the Beijing Stock Exchange market, attract more high-quality companies to list on the Beijing Stock Exchange, and achieve high-quality expansion. Chang Chunlin, founder and partner of Beijing Liwu Investment Management, told the reporter.
According to data from Oriental Wealth Choice, as of press time on February 26, 127 companies on the Beijing Stock Exchange have disclosed their 2023 annual performance reports. Judging from the disclosure of the performance express report, 115 companies achieved profitability, and 49 companies achieved positive growth in net profit attributable to the parent company. Among them, 15 companies have a net profit attributable to the parent company of more than 100 million yuan, and 23 companies have a net profit growth rate of more than 30%. The net profit attributable to the parent company of Jinbo Biotechnology, Xujie Technology, Tongxiang Technology and Wuxin Tunnel Equipment increased by more than 100%, and the net profit attributable to the parent company of 5 companies, including China Design Consulting, Li Tong Technology, Jiuling Technology, Luce Co., Ltd. and Chuangyuan Xinke, increased by more than 50%.
In Chang Chunlin's view, the listed companies on the Beijing Stock Exchange have actively responded to multiple challenges in the complex and changeable economic environment, some companies have achieved double growth in revenue and profits, and some companies have achieved positive results in reducing costs and increasing efficiency, reflecting the vitality and resilience of the listed companies on the Beijing Stock Exchange.
The reporter noticed that for companies with better performance, institutions generally pay more attention. For example, CommScope Chemical's 2023 annual results hit a new high. The performance report shows that during the reporting period, the company achieved operating income of 44.2 billion yuan, a year-on-year increase of 2622%；Net profit attributable to shareholders of listed companies14.9 billion yuan, a year-on-year increase of 4274%。At the same time, CommScope Chemical was also the company with the highest frequency of institutional surveys during the year, including 73 institutions such as China Securities Construction Investment, Zheshang**, E Fund**, and China Universal Wealth**.
For another example, the net profit attributable to shareholders of listed companies in 2023 increased by more than 12% year-on-year, and it has also become a company with a relatively prominent number of institutional surveys and the number of times this year, with a total of 61 institutions conducting 4 surveys on the company. The main topics of concern of the organization are around the company's fundamentals, including gross profit margin and future business priorities.
The high-growth companies with high performance of the Beijing Stock Exchange are more favored by institutions, and they are frequently surveyed by institutions, indicating that institutions are optimistic about such companies and are enthusiastic about their investment, and the annual report is worth looking forward to. Chang Chunlin said that as more leading companies and high-growth companies disclose performance forecasts, the market heat of the Beijing Stock Exchange may further increase.
At present, investment institutions have gradually realized the importance of the Beijing Stock Exchange, and have begun to actively screen and study the companies of the Beijing Stock Exchange, looking for targets worthy of long-term attention and investment. Yu Wei, an expert of the Economic Development Working Committee of the China Moderately Prosperous Construction Research Association, told the reporter that it should be noted that the performance of some companies on the Beijing Stock Exchange in 2023 is indeed very good, and they have also received new investment and increased positions from many institutions, but it is not reflected in the stock price trend of the secondary market.
When it comes to the investment suggestions of listed companies on the Beijing Stock Exchange in the future, Chang Chunlin believes that the market heat of the Beijing Stock Exchange has increased, and in the short term, we can pay attention to companies with good fundamentals, smooth progress of fundraising and investment projects, stable operation and strong profitability, and in the medium and long term, we can pay attention to new quality productivity companies with core technologies, good growth and high competitive barriers, which can enjoy the dividends of high-quality development of the Beijing Stock Exchange market, or bring high expected returns to investors.
Reporter Meng Ke.