The five King Kongs in the 2 yuan shares are all industry giants

Mondo Finance Updated on 2024-02-26

1. Yonghui Supermarket

As of February 18, 2024, Yonghui Supermarket has 1,002 stores in 529 cities in 29 provinces across the country, and it can be said that many investors are also his consumers. Many investors, including myself, used to dream that Yonghui would become China's Walmart.

In January 2018, Yonghui's share price reached a maximum of 11$89 shares, now only 265 yuan.

Yonghui supermarket stock price trend.

Yonghui went public in 2010 and has been growing steadily since its listing, but its performance has deteriorated in the last three years. In the first three quarters of 2023, the company's revenue was 6208.8 billion, a year-on-year decrease of 1244%, net profit 05.2 billion.

I think the main thing is that the competition is too fierce. The same is true for Sun Art Retail, a subsidiary of Alibaba, with a revenue of 124.3 billion yuan and a net profit of 35.5 billion yuan in fiscal year 2021700 million, fiscal year 2023 revenue of 836600 million, net profit 1100 million.

Yonghui Supermarket's net profit attributable to the parent company.

2. Datang Power Generation

Datang Power Generation has a clear label, one of the country's five major power generation groups, mainly thermal power generation. In December 2006, the company's share price closed at 374 yuan, 18 years later, now 255 yuan.

Datang Power stock price trend.

The main raw material of thermal power companies is coal, so there is a bit of a negative correlation with coal companies, and the performance of thermal power companies is indeed far worse than that of coal companies.

Datang Power Generation's net profit attributable to its parent company.

3. Anshan Iron and Steel Co., Ltd

The company is one of the largest steel groups. In February 2009, the company's stock price was 437 yuan, in July 2013, the company's stock price was the lowest 154 yuan, now 258 yuan.

Anshan Iron and Steel stock price trend.

Anshan Iron and Steel vs Baosteel, the stability of performance is still poor. In the first three quarters of 2023, the company's revenue was 8428.8 billion, a year-on-year decrease of 1642%, net profit attributable to the parent company -211.5 billion.

Anshan Iron and Steel Co., Ltd.'s net profit attributable to the parent

Fourth, China can build

One of the infrastructure madnesses, the stock price is indeed average. The company only went public in September 2021 with an IPO**229 yuan, now 2$15. The dividend payout ratio in 2021 was 1442% with a dividend yield of 099%;The dividend payout ratio in 2022 is 1345% with a dividend yield of 107%。

China Energy Construction stock price trend.

5. Greenland Holdings

Greenland, one of the super-large real estate enterprises, is the same echelon company as Vanke, Country Garden, Sunac and Longfor. As of September 30, 2023, the company's total assets are as high as 119 trillion. The company's stock price is not good-looking, but this is indeed industry-wide, even Vanke has grown from 31The high of 9 yuan fell below 10 yuan.

Greenland Holdings share price action.

Vanke A stock price action.

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