"Stock Restarting" In Earnings Report

GDP data released in the first quarter of Hubei dropped 39.2% year-on-year.

Under the overall downward trend of the economy, the micro field presents a more delicate economic signal.

As of April 23rd, of the 108 Hubei A share listed companies, 45 had disclosed first quarter earnings forecasts, of which 37 companies had seen net profits fall or even lose money.

However, there is also an increase in the number of enterprises against the market, showing a "momentum" of growth.

Behind the iceberg corner data, with the first quarter ending, the epidemic gradually eased, "restart" of Hubei listed companies, how will the lost time grab back?

"In the first quarter, after resumption of production, full production in April, especially optical communication module and sensor business, surpassed the highest point of last year." In April 23rd, the relevant person in charge of science and technology in China told the twenty-first Century business reporter.

Ye Qing, deputy director of Hubei Statistical Bureau, told reporters that "there is not much problem in regulating enterprises' resumption of work and resumption of production. The listed companies are standardized in all aspects, and basically realize resumption of work and production."

Restart "acceleration"

With the relief of the epidemic, the resumption of production and production of Hubei enterprises is accelerating.

China Economic and technology reporter told the twenty-first Century business reporter that "what we do now is to increase production capacity and meet existing orders. In addition, we are also promoting strategic projects, such as intelligent factories, 5G, data center optical communication modules and related solutions.

The official also said that after resuming production, the company accelerated the development of 5G and data center high speed optical modules, allowing new kinetic energy to develop against the trend. "Such as optical communications board, driven by new infrastructure, at the same time, due to the European and American developed areas shut down and shut down production, to domestic enterprises have brought market opportunities. Orders for the whole company increased by 30% in the first quarter, and the optical communications business in the two quarter is expected to increase significantly.

Ye Qing, deputy director of Hubei Statistical Bureau, told reporters: "the rate of return to work is very high in the whole province, but the rate of production is still low. The output may not be as saturated as before, mainly due to the loss of orders and staff. Regulation is not a big problem for enterprises to return to work and regenerate, and the listed companies are standardized in various fields, basically achieving resumption of work and resumption of production.

According to the information disclosed by the director of the Hubei Securities Regulatory Bureau recently, as of April 17th, 90 listed companies in the province basically recovered.

Ye Qing told reporters that in order to help Hubei's economy recover as soon as possible, in April 22nd, Wuhan decided to expand the total amount of the bail-out fund to 60 billion yuan, and leverage the discount of financial loans as leverage to help small and medium enterprises. Recently, 12 banks in Hubei have issued loans to some key enterprises for 34 billion yuan.

"There is nothing wrong with capital, so long as we can start." It points out.

Reporters also learned from the Chinese technology, the local government has done a lot of work to ensure that the company resumed work, especially in the supply chain guarantee. "In addition to enjoying the corresponding tax and social security relief policies, Hubei's letter office has sent letters to Wuhan, Xiaogan and Ezhou to coordinate the resumption of production and technology in the upstream and downstream sectors of the Chinese labor industry to ensure the supply of the industrial chain, involving nearly 100 enterprises."

To solve the problem of money, many experts told reporters that the biggest problem now is the recovery of consumer confidence.

"A lot of good policies have been put forward by the government, but it takes time to really land," a senior executive of Hubei retail listed company told reporters in twenty-first Century. In addition, such as tax subsidies, rent relief, also hope to have greater support. "

The person also said that the current problem is not only based on "money" but also needs a more comprehensive strategy. "For the retail industry, once cash is consumed, cash flow is not a problem, but the most difficult thing is confidence recovery."

Dong Dengxin, director of the financial and Securities Research Institute of Wuhan University of Science and Technology in Wuhan, has a deep understanding of this.

"I am currently living in the Hankou area. So far, some communities need to measure the temperature in and out of the community. It is not convenient for the public to go shopping and travel, and consumer confidence has not yet been completely restored. Especially those small and medium enterprises rooted in communities and streets, many facades are in a closed state and have not been fully started.

Dong Dengxin said that the four industries, catering, accommodation, transportation and tourism, were the most affected by the epidemic, and the affected time will be extended in the future. It is expected that these industries will recover slowly after waiting for the epidemic control measures to be eliminated after May 1.

"Now we must rely on businesses to explore some new marketing models, such as online sales, export oriented enterprises as soon as possible, such as domestic sales, and gradually restore the economy." Dong Dengxin said.

"The impact of the epidemic needs time to resolve." The listed company executives said.

"If the economy can stabilize in the second quarter, it will be relatively optimistic in the second half of the year. When we saw the opening of street shops, the number of public transport passengers reached half of last year, that shows that the economy has become more active. Ye Qing said.

Hubei stock quarterly data

Hubei is a major capital market in the central region, and there are 108 listed companies.

According to the twenty-first Century economic report reporter statistics, as of April 23rd, a total of 15 companies that had announced a quarterly report suffered the first loss, 12 pre reduction, 3 slightly reduction, 7 continued losses, 2 slightly increased, 1 continued earnings, 1 losses, 4 increase in advance.

Consistent with expectations, most of the companies in the quarterly report included "epidemic impact", especially some "first loss" companies.

For example, the 100 group, whose business is retail, is mainly involved in supermarkets and department stores. Due to the fact that all the stores are located in the heavily affected areas of Hubei Province, the impact of the epidemic is quite large. The group lost 162 million yuan -1.82 billion yuan in the first quarter, down 708.44%-783.55% compared with the same period last year.

A, a loss of 220 million yuan in the first quarter, was -2.3 billion yuan, down 174.59%-177.98% compared with the same period last year.

Real estate enterprises south country real estate, the first quarter losses amounted to 130 million yuan -1.7 billion yuan. After the end of January, the real estate development projects were closed down, and the business projects were mostly closed.

Manufacturing enterprises are also affected by downtime. Huagang technology is a high-tech enterprise with laser as its main business. The upstream and downstream units of the company and industry have been delayed in the resumption of production and production, the logistics is difficult, and the delivery of customer orders is blocked, resulting in a decline in performance.

In the first quarter, the net profit of Chinese technology losses was 11 million 765 thousand yuan, down 111.77% from the same period last year.

According to the twenty-first Century economic report reporter, there are also enterprises with substantial growth in performance, which are mainly related to epidemic prevention and control. The most typical is the High German infrared, achieving net profit of about 120 million yuan -1.6 billion yuan, an increase of 1909.71%~2579.62% over the same period last year.

Gao de infrared is a key production enterprise for epidemic prevention and control materials. The sales volume of the automatic infrared temperature detection alarm system during the epidemic period is booming.

Ogilvy medical is also benefiting from the "mask stocks" of the epidemic. Due to the increase in demand for respirators and other protective products, the net profit in the first quarter was about 83 million 96 thousand and 700 yuan -9140.64 million, up by 50%-65% over the same period last year. Sheng Tian network is benefited from the epidemic of "game stocks", net profit of 21 million yuan -2200 million, an increase of 369.42%-391.77% over the same period.

From the perspective of listed companies, the reporter noted that in the first quarter, Hubei had the most significant impact on the third industry, including the retail industry (China 100 group, A of e Wu business), real estate (South China real estate, national innovation high tech), transportation (Yichang transportation and long voyage Phoenix).

At the same time, as the central high-end manufacturing industry gathering place, the electronic manufacturing industry is affected by order reduction and industrial chain downtime, which also has a greater impact. For example, Jinyun laser, Huagang technology and Taiwan based shares suffer the first loss.