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A total of 1,560 A-share listed companies have disclosed their 2024 semi-annual performance forecasts, of which 653 companies are expected to increase their performance, accounting for 41.86%.

02 The stocks with good performance mainly come from six major industries, including computer communication and other electronic equipment manufacturing, chemical raw materials and chemical products manufacturing, pharmaceutical manufacturing, special equipment manufacturing, general equipment manufacturing, and automobile manufacturing.

03 The reversal of the industry's prosperity is the key to the high growth of many companies' reported performance, and the recovery of the consumer electronics boom has driven a number of sub-industries, such as Lixun Precision, Goertek, etc.

04In addition, the semiconductor industry benefited from the rapid development of the AI field, coupled with the recovery of the industry's prosperity and the continuous recovery of demand for electronic terminal products, which drove the operating performance to improve significantly.

05 Listed pig enterprises with losses of more than 20 months have finally entered the profit stage, and the companies have turned around in batches in the second quarter, such as Muyuan shares, Wen's shares, etc.

The above content is generated by Tencent's hybrid model and is for reference only

The semi-annual report of the listed company has come to an end.

According to statistics, as of 17:30 on July 14, a total of 1,560 A-share listed companies have disclosed their 2024 semi-annual performance forecasts, and 653 companies are expected to increase their performance, accounting for 41.86%, of which 393 are expected to increase, 74 are slightly increased, 179 are turning losses, and 7 are continuing to make profits.

The stocks with good performance (including pre-increase, slight increase, turnaround and continued profit, the same below) mainly come from six major industries: computer communication and other electronic equipment manufacturing, chemical raw materials and chemical products manufacturing, pharmaceutical manufacturing, special equipment manufacturing, general equipment manufacturing, and automobile manufacturing.

The reversal of the industry prosperity is the key to the high performance of many companies, and the recovery of the consumer electronics boom has driven a number of sub-industries, and the most direct benefit is Lixun Precision (002475. SZ), Goertek (002241. SZ) and other industry leaders. Goertek released a performance forecast on the afternoon of the 14th, and it is expected to achieve a net profit attributable to the parent company of 1.181 billion yuan ~ 1.265 billion yuan in the first half of the year, a year-on-year increase of 180% ~ 200%.

The PCB industry is an important sub-industry in the electronics industry, with a performance forecast rate of nearly eighty percent. Leading stock shengyi electronics (688183. SH) disclosed its 2024 semi-annual performance forecast, and the company expects the net profit attributable to the parent company in the current period to be 93.5 million yuan to 110 million yuan, a year-on-year increase of 876.88% to 1049.27%. Shennan Circuit(002916. SZ), Shanghai Electric Co., Ltd. (002463. SZ), Guanghe Technology (001389. SZ) is expected to increase its net profit by more than 100%.

All of the PCB companies mentioned the impact of developments in the AI field on their businesses when they were surveyed by the above-mentioned institutions. In terms of driving the demand for PCBs in the server sector, Shengyi Electronics said that in 2024, the capital expenditure of global cloud service providers is expected to rebound strongly, and this trend will have a positive impact on data center-related products. Shennan Circuit also said that the accelerated evolution and deepening of the application of AI, the demand for edge computing capabilities and high-speed data exchange and transmission in various terminal applications has ushered in growth, which has driven the demand for high-frequency, high-speed, integrated, miniaturized, thin, high heat dissipation and other related PCB products for terminal electronic equipment.

In addition to PCB, semiconductors have also benefited from the rapid development of the AI field, coupled with the recovery of the industry's prosperity and the continuous recovery of demand for electronic terminal products, many chip design, packaging and testing companies have increased orders and increased capacity utilization, driving a significant increase in operating performance.

There are 31 listed semiconductor companies that have issued interim performance forecasts, 12 are expected to increase, 7 have turned losses, and 15 companies are expected to have a maximum net profit increase of more than 100%, of which 8 have an increase of more than 300%. Memory chips are the largest category of logic chips, and they are also seen as an important signal of the reversal of the cycle prosperity 688008. SH), BIWIN Storage (688525. SH), GigaDevice (603986. SH), Shanghai Belling (600171. SH) and other memory chip leaders have achieved a significant increase in performance. Among them, Montage Technology's memory interface and module supporting chips achieved restorative growth, and the price of AI "capacity" chips began to be shipped on a large scale, and the company's net profit attributable to the parent company in the first half of the year increased by 612.73%~661.59% year-on-year. GigaDevice's net profit in the first half of the year increased by more than 50% year-on-year, and the company's net profit attributable to the parent company in the second quarter was 313 million yuan, an increase of 53.68% from the previous quarter; Demingli, Shanghai Belling and BIWIN Storage are all expected to turn net profit into profit in the first half of the year year-on-year.

Outside the electronics industry, the loss of more than 20 months of listed pig enterprises finally entered the profit stage, the second quarter of the company batch turnaround, the leading stock Muyuan shares (002714. SZ) is expected to achieve a net profit of 700 million yuan ~ 900 million yuan in the first half of the year, a year-on-year increase of 125.19% ~ 132.28%, a loss of 2.779 billion yuan in the same period last year; Wen's shares (300498.SZ) announced on the afternoon of the 14th that it is expected to turn around in the first half of the year and achieve a net profit of 1.25 billion yuan ~ 1.5 billion yuan attributable to the parent company. The market believes that the upward inflection point of the pig cycle is "small lotus only showing sharp corners", and listed pig companies are expected to continue to make profits in the third quarter, but it is difficult to achieve excessive pig price increases during the year.

The pharmaceutical sector, which has been dormant for a long time, has returned to investors' attention due to its recent active stock price performance and mid-term forecast. Up to now, there are 32 pharmaceutical manufacturing stocks with good performance, including Twining Biotechnology, Huahai Pharmaceutical, Laiying Biotechnology, Nuotai Biotechnology, etc. The largest increase in net profit was Adisseo (600299. SH), the company is engaged in the research and development, production and sales of animal nutrition additives, and the net profit is expected to increase by 1846.11% in the first half of the year.

(Source: China Business News, Shenzhen Business Daily).

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