The annual annual report season is coming to an end, and on the occasion of the Spring Festival, major listed companies have disclosed their 2023 annual performance forecasts. According to wind statistics, as of the pre-holiday, a total of 2,774 listed companies have disclosed their 2023 annual performance forecasts. Among them, 616 companies are expected to increase, 373 companies have turned losses, 150 companies have increased slightly, and 16 companies have continued to make profits, totaling 1,155 companies, accounting for about 40%. The pre-loss was 1,068, the pre-loss was 491, and the slight decrease was 60, totaling 1,619.
This series of data shows that more than 40% of listed companies are expected to achieve performance growth in 2023, bringing good news to investors. However, it should not be overlooked that behind this bumper harvest, there are some hidden risks.
According to incomplete statistics from Yicai, after the disclosure of the annual report, at least more than a dozen listed companies were subject to delisting risk warnings because they touched the relevant performance indicators. This means that although these companies have been listed for many years, they may be forced to exit the capital market and enter the *ST ranks due to their performance failing to meet market expectations. This is a huge setback, which not only puts pressure on the company and its shareholders, but also has a certain impact on market confidence.
Among all listed companies, 190 companies have announced that the upper limit of net profit exceeds 1 billion yuan, of which 30 exceed 5 billion yuan and 11 exceed 10 billion yuan. Among them, Kweichow Moutai is expected to have a net profit attributable to about 73.5 billion yuan in 2023, a year-on-year increase of about 172%。This ** once again sparked a heated discussion on Moutai in the market.
As one of the most famous liquor brands in China, Moutai has won the favor of consumers at home and abroad with its unique brewing process and excellent quality. This year, Kweichow Moutai plans to produce about 5720,000 tons, about 4290,000 tons; It is estimated that the total operating income will be about 149.5 billion yuan, a year-on-year increase of about 172%。This large-scale production plan and considerable financial ** make the market full of expectations for the future prospects of Kweichow Moutai.
However, the challenges faced by Moutai cannot be ignored. In recent years, the popularity of Moutai has soared, discouraged ordinary consumers. At the same time, as Chinese consumers' demand for health and taste continues to increase, more baijiu brands are beginning to emerge, and the competition is becoming more and more fierce. How Moutai maintains its leading position in the competition has become the focus of attention in the industry.
In addition, in addition to Moutai, the performance of many listed companies has also attracted much attention. The large number of companies with estimated net profits exceeding 1 billion yuan reflects the vitality of China's economy and the strength of enterprises. However, is there a false fire behind this data? It remains to be seen whether the listed company will be able to fulfill its commitments and achieve the expected goals after the disclosure of its annual report.
Overall, the earnings of listed companies were more than 40%, sending a clear signal to investors that China's economy is recovering rapidly and that companies are achieving positive results. However, in the context of fierce competition in various industries, blind optimism may not be a wise choice. We need to remain calm and deeply analyze the specific situation of each industry and listed company to avoid blind investment and unnecessary risks.
After the annual report, the delisting risk warning and performance forecast of listed companies make people full of expectations and worries about the capital market. This has also sparked heated discussions on regulating the market and safeguarding the rights and interests of investors. How to strengthen supervision and prevent risks has become one of the focuses of social attention at present. Only by building a healthy, transparent and stable capital market ecology can we provide effective support for enterprise development and economic prosperity.
On the occasion of this Spring Festival, we should think deeply about and observe the market, remain calm and rational, and find a more accurate direction for our investment choices. After all, sustainable growth can only be achieved on a stable basis.
At a time when China's economy is recovering steadily, the positive corporate performance forecast has also brought a hint of warmth to investors. However, in the face of the reality that more than 40% of listed companies may face the risk of delisting, we have to re-examine the regulation and regulation of the capital market.
First of all, it is necessary to strengthen the supervision of the performance disclosure of listed companies. Although the annual report of a listed company is an important way to comprehensively display its operating and financial status, in reality, there are still some listed companies with problems such as non-standard information disclosure and false publicity. This undoubtedly harms the rights and interests of investors and is also prone to market instability. Therefore, the regulatory authorities should more strictly review and supervise the annual reports of listed companies, and increase the supervision of information disclosure to ensure that investors obtain true and accurate information.
Second, the improvement and implementation of the delisting mechanism should be strengthened. Delisting is an important system in the capital market, which aims to clean up high-risk and low-efficiency enterprises in the market and improve the overall quality of the market. However, in practice, due to the intervention of some stakeholders, the implementation of the delisting mechanism is not perfect, and many obvious "zombie enterprises" still exist in the market. In order to avoid this from happening, the regulatory authorities should resolutely implement the delisting mechanism, force the delisting of companies that do not meet the listing conditions, and establish a fair and transparent delisting procedure. At the same time, the punishment of delisted companies will be increased, and it is strictly prohibited to engage in acts that affect market order.
In addition, it is also necessary to promote the reform and improvement of the governance of listed companies. A good corporate governance structure is the foundation for the healthy development of listed companies, and it is also the key to ensuring the interests of investors. At present, some listed companies still have problems such as chaotic shareholding structure and inadequate internal and external supervision. In order to change this situation, the regulatory authorities should strengthen the supervision of the governance of listed companies, urge them to establish a sound mechanism for the protection of shareholders' rights and interests, improve the internal control and risk management system, and improve the transparency of information and the quality of disclosure. At the same time, supervision over the directors and executives of listed companies should be strengthened to ensure that they perform their duties and safeguard the legitimate interests of investors.
Finally, we cannot ignore the cultivation of investors' risk prevention awareness and self-protection ability. As investors, we must learn to analyze the financial data, performance and other information of listed companies, and rationally judge the value and risk of the company. At the same time, it is necessary to follow the investment rules, allocate assets reasonably, and not blindly follow the trend. In addition, it is also appropriate to diversify investment through a variety of investment methods to reduce risks.
On the eve of the Chinese New Year, we should see the potential for the development of China's capital market, but we should also remain vigilant and avoid excessive optimism. Only by adhering to a standardized, transparent and healthy market environment can we provide solid support for the healthy development of enterprises and create more opportunities and returns for investors. Let us work together to build a more stable and prosperous capital market and promote sustainable economic development.