With the blessing of popular concepts, many stocks that have declined in performance have also been speculated in the secondary market, and their stock prices have increased significantly recently. According to statistics from Oriental Fortune Choice, as of August 7, there were 542 stocks on the A-share market that had experienced a rise in stock prices since June while their interim net profits had declined or were expected to decline, including many Dagang shares (002077) , Ganneng shares and other popular stocks, the stock price range has increased by more than 100% since June. It should be pointed out that among these stocks whose performance has declined but their stock prices have soared, many of them involve popular concepts in the current market, such as photovoltaic concepts, semiconductor concepts, robot concepts, etc. In response to this phenomenon, industry insiders pointed out that investors blindly speculating on concept stocks are extremely risky and should be based on the company's fundamentals.
More than 500 stocks have seen their performance fall and their stock prices rise
It is the mid-term report disclosure season, and more and more individual stocks have disclosed the company's performance in the first half of 2022. Oriental Fortune Choice data shows that among the stocks that have disclosed their 2022 interim report or interim report performance forecast, 542 stocks have experienced a rise in their stock prices since June while their interim report net profits have declined or are expected to decline.
takes ZW Software, which recently disclosed its 2022 mid-term report, as an example. Financial data shows that Zhongwang Software achieved operating income of approximately 194 million yuan in the first half of the year, a year-on-year decrease of 5.73%; the corresponding attributable net profit achieved was approximately -36.3908 million yuan, a year-on-year decrease of 174.79%, and it turned from profit to loss year-on-year. Although
's performance is under pressure, ZW Software has performed well in the secondary market. The company just achieved the "20cm" daily limit on August 5. The trading market showed that on August 5, Zhongwang Software opened 1.81% higher, with an opening price of 215 yuan/share. After the opening of and , Zhongwang Software’s stock price continued to rise to the daily limit, and finally closed at the daily limit of 253.42 yuan/share, an increase of is 20%, and the total market value is 21.97 billion yuan.
Looking at the time, since the end of April this year, Zhongwang Software has started a wave of rising prices. According to the statistics of post- restoration of , from April 29th to August 5th, the cumulative increase of Zhongwang Software range exceeded Ninety percent. According to
data, Zhongwang Software is a leading domestic R&D and design industrial software supplier, mainly engaged in the R&D, promotion and sales of CAD/CAM/CAE and other R&D and design industrial software. It is understood that the software development sector in which ZW Software operates is also one of the sectors that has experienced high growth recently. Oriental Fortune shows that since June, the cumulative increase in the software development sector has been 12.79%.
In response to company-related issues, a reporter from Beijing Business Daily called the office of the Secretary of the Board of Directors of Zhongwang Software for an interview, but no one answered the call.
In addition, Zhuoyi Technology, Dongrui Shares, Nanwei Software and other stocks also experienced pressure while their performance rose, and the net profit attributable to them in the interim report turned from profit to loss.
Dagang shares and other shares have doubled since June
Judging from the stock price increase, Oriental Fortune Choice data shows that among the stocks whose net profits in the interim report have declined or are expected to decline, Dagang shares, Hanyu Group, Guanghui Logistics, Ganneng shares, etc. Individual stocks were among the top gainers, with share prices rising by more than 100% since June.
In addition to Baoli Foods, a new stock that has not yet been listed for a month, Dagang Group Co., Ltd. is among the stocks whose interim results are expected to decline. The stock with the largest share price increase since June has increased by 138.58%.
It is understood that Dagang shares have just won 4 consecutive boards. Oriental Fortune data shows that from August 2 to August 5, Dagang shares rose by the daily limit for 4 consecutive trading days, with a cumulative increase of 46.39%. During the same period, the market fell by 1.17%.
Before the company's stock price continued to rise, Dagang Shares disclosed its 2022 semi-annual performance forecast on July 12, which showed that the company is expected to achieve an attributable net profit of 40 million to 48 million yuan in the first half of the year, which is expected to decline by 50.09% to 58.41% year-on-year.
Ganneng shares, which were suspended due to a sharp rise in stock prices in the early stage and verified, also experienced an expected decline in net profit in the interim report. Financial data shows that Ganneng Co., Ltd. is expected to achieve attributable net profit of 31 million to 45 million yuan in the first half of the year, a decrease of 41.07% to 59.4% compared with the same period last year.
In the secondary market, Ganneng shares closed 9 daily limits in just 10 trading days from June 28 to July 11, and began trading suspension verification on July 12 due to abnormal stock trading fluctuations. After resumed trading in , the share price of Ganneng shares fell back, but overall the increase was still significant.Trading conditions show that from June 1st to August 5th, the cumulative increase in Ganneng shares was 109.11%.
In addition, Hanyu Group, Guanghui Logistics, and *ST Qixin have all seen their stock prices rise by more than 100% since June, with their interim results expected to decline, reaching 112.14%, 109.52%, and 107.32% respectively.
Many stocks involve popular concepts
It is worth noting that, looking at the above-mentioned stocks that have experienced large gains in recent times, most of them involve popular concepts in the secondary market such as semiconductors and photovoltaics.
Let’s look at Dagang shares first. According to the data, Dagang Co., Ltd.’s main business is integrated circuit packaging and testing, which belongs to the packaging and testing industry in the semiconductor integrated circuit (IC) industry. Semiconductors are one of the popular tracks recently. Oriental Fortune data shows that since June, the cumulative increase in the semiconductor sector has been 26.8%. Since August, the semiconductor sector’s growth ranking has always been at the forefront of all sectors. On August 5 It even topped the list.
Ganneng Co., Ltd. involves many popular topics such as photovoltaics and ultra-supercritical. The company's main business is thermal power generation, hydropower generation and new energy power generation. In the early stock price change announcement, Ganneng Co., Ltd. disclosed that the total installed capacity of thermal power plants controlled by the company in operation is 1,400MW, and the thermal power installed capacity under construction is 2,000MW; the total installed hydropower capacity is 100MW; the installed photovoltaic power generation capacity that has been completed and put into operation is 78.4MW, and is under construction The installed photovoltaic power generation capacity is 67.08MW.
Since the end of April, the photovoltaic equipment sector has continued to rise sharply. From April 27 to August 5, the cumulative increase in the photovoltaic equipment sector was 79.75%.
Hanyu Group is involved in the concept of robots. It is understood that since its establishment, Hanyu Group has been mainly engaged in the research and development, production and sales of high-efficiency and energy-saving household appliances drainage pumps. The products are mainly used in washing machines, dishwashers, etc. It is worth mentioning that the robot concept sector has only been included in the list of sectors by Oriental Fortune since June 23 this year. From June 23 to August 1, the sector range increased by 19.87%. However, since August, the robot concept sector has made a correction, and related stocks have shown a downward trend recently. Xu Xiaoheng, an investment and financing expert at
, said that most of the speculation on stocks with declining performance is related to hot concepts. However, in the secondary market, the speculation of concept stocks is risky. Many investors do not base on the company's fundamentals, blindly follow the trend, take orders at high prices, and ultimately suffer heavy losses. Therefore, when choosing individual stocks, it is best for investors to stay away from poor-performing stocks as much as possible. Wu Zhongyan, an insider in the
financial system, said, "In the secondary stock market, the concept of speculation has been around for a long time. Concept stocks are prone to short-term speculation by institutions and hot money . For investors, they must invest rationally and persist in Value investing, long-term investment philosophy."
Beijing Business Daily reporter Dong Liang Ding Ning
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-