with the end of the disclosure of 2012

Editor's note: with the end of the disclosure of 2012 annual report and 2013 first quarter report, the performance forecast of the interim report has become the focus of the market. Statistics show that, as of yesterday, 909 listed companies in Shanghai and Shenzhen have released the 2013 interim report performance forecast, of which 568 companies, accounting for 62.5% of the total companies that have published the interim report performance. It is worth noting that among the 568 companies that are expected to be happy with the performance of China Daily, there are 290 "three consecutive growth" companies that achieved growth in both the annual report last year and the first quarter of this year, accounting for 51.1% of the total, which can be described as the frequent spread of good news. Through sorting out the 290 companies, it is found that the proportion of "three consecutive increase" shares in light industry manufacturing, food and beverage, information service and construction materials (Shenwan level) accounted for 20.1%, 19.4%, 18.6% and 16.4% respectively. Analysts point out that companies with sustained growth have long-term investment value. In this regard, this edition analyzes and combs the above four industries and related stocks for the readers. In April, investors focused on last year's annual report and this year's first quarter report. After May, the market generated by the mid-term performance forecast has become a "play" in the market. Statistics show that as of yesterday, 909 listed companies in Shanghai and Shenzhen have published the 2013 interim report performance forecast, which is in the light industry manufacturing bankIn the industry, 49 companies have issued the interim report notice, 36 of which are expected to be happy, accounting for 73.5%. It is worth noting that the 36 companies whose performance is expected to be good are all distributed in the small and medium-sized board. In addition, there are 18 companies achieving "three consecutive increases" in 2012 annual report, 2013 first quarter report and 2013 mid-term report, accounting for 20.1% of the industry's constituent stocks, ranking first in Shenwan industry. Among the 18 "three consecutive increase" companies, there are five light manufacturing companies companies with more than 80% of the forecast performance growth of China Daily, deli's expected net profit growth is 160%, and meiyingsen, Shanghai Lvxin, Shengda forestry and seagull bathroom are all expected to see 80% of the expected net profit growth. At the same time, the companies whose net profit attributable to the shareholders of the parent company in the first quarter increased by more than 80% year on year were Deli (148.8%), Shanghai Lvxin (102.4%) and Haiou sanitary ware (90.8%). In addition, in 2012, the annual net profit attributable to the shareholders of the parent company increased by more than 80% year on year, including Haiou sanitary ware (312.8%), Lipeng (208.9%), Shengda forestry (175.9%), meihuasan (155.6%), Zhongshun jierou (97.3%) and Qifeng (84.3%). There is no doubt that the sustained growth of Contact Us performance has become an important reason to support the rise of stock price. So far this year, the Shanghai stock index has fallen by 2.8% in the trend of pre promotion and post suppression. Over the same period, the light industry has increased in total11.8%, far ahead of the market. Among the 18 "three consecutive increase" companies, only 2 companies lost the market, and the other 16 companies all outperformed the market. Among them, the companies that have increased more than 30% since this year are Yaoji Poker (53.4%), meiyingsen (42.5%), org (39.6%), Sofia (35.2%) and deli (31.9%). For the recent basic situation of light industry manufacturing industry, Oriental Securities Analysis believes that the growth of packaging industry is stable in the sub industry; the demand of furniture industry expands with the rebound of real estate; and the profit of paper industry is still hovering at the bottom. According to the first quarter report of light industry manufacturing, the packaging industry is relatively beautiful, and the growth of income and net profit is accelerated; the furniture industry benefits from the recovery of downstream real estate trading volume, and the first quarter sales revenue and profit are all picking up; the paper industry profit is still hovering at the bottom, and the company with a higher proportion of self-made pulp has a faster profit growth, and the performance of other companies has even declined year-on-year; finally, it is worth one The paper industry is mentioned. From the perspective of capacity delivery progress in 2012, 2013 will be a year of intensified competition. In the first quarter, the income growth of medium-sized and medium-sized enterprises in the industry slowed down. Although the profit still maintained stable growth, the market is expected to change. From the perspective of paper industry, Societe Generale Securities believes that the current supply-demand relationship has improved, and it is expected that the supply-demand relationship of the industry in 2013 will be slightly eased compared with that in 2012, but the excess capacity will still keep the industry under pressure in the foreseeable future 2 to 3 years, under which circumstances, the industry is boomingIt's hard to get a big promotion. Among the mainstream paper types, after two years of pain, the prosperity of copperplate paper in 2013 will be improved and gradually get rid of the predicament of loss. On the contrary, with the over investment of new production capacity, it is expected that the industry boom of white cardboard will experience Waterloo in the second half of 2013, following the trend of copperplate paper. Cultural paper is expected to be stable. We recommend Xinghui car model with excellent growth in the subdivided industry and the company; Donggang shares with great potential of smart card business and high valuation safety margin; and Yihua wood industry, which has benefited greatly from the recovery of European and American real estate. It is suggested to focus on Rebecca and sun paper, which are expected to improve their performance. The number of companies with "three consecutive increase" in performance accounted for 19.35% food and beverage consumption peak season in summer ■ trainee reporter of this newspaper Huang Zuojin has just finished the disclosure of the first quarter report, and the interim performance forecast has become a major "main line" of the recent layout of investors, while the summer is the peak season of beer and beverage consumption, and the food and beverage industry with frequent good news has become one of the focuses of investors. According to the statistics of Market Research Center of Securities Daily, among the companies that have announced the mid-term performance forecast of 2013, 12 food and beverage (Shenwan level industry) shares achieved the mid-term performance forecast, the first quarter net profit of 2013 increased year-on-year, and the annual net profit of 2012 increased year-on-year, accounting for 19.35% of the industry's constituent shares. Specifically, the 12 food and beverage stocks that have achieved "three consecutive increases" in performance are Jiajia food, Yanghe stock and Qiaqia foodProducts, Tengxin food, delis, Sanquan food, Huangshanghuang, highland barley wine, Fuling pickle, beiinmei, Chengde Lulu and Hainan Coconut Island. A typical example is Chengde lulu. In 2012, the company's net profit attributable to the parent company increased by 15% year on year, and in the first quarter of 2013, the net profit attributable to the parent company increased by 75.65% year on year. It is estimated that the company's net profit from January to June 2013 will be RMB 190 million to RMB 21 million (RMB 126.53 million in the same period of last year), up 50.16% to 65.97% year on year, and the earnings per share will be RMB 0.473/share to RMB 0.523/share (0.65% in the same period of last year) 315 yuan / share). As a result of the substantial growth in the first quarter of 2013, the semi-annual performance increased significantly. The net profit of the first quarter increased by 75.65% year on year, which is due to the positive cycle of the sales market in this period and the substantial increase of sales revenue; Zhengzhou Lulu was put into production and the cost was properly controlled. From the perspective of market performance, as of May 5, seven of the 12 food and beverage stocks with three consecutive gains in performance have risen this year, including bainmei (88.68%), Chengde Lulu (61.93%), Sanquan food (32.87%), Tengxin food (31.32%), delis (16.77%), Hainan Coconut Island (4.44%) and Fuling pickle (0.64%). Among them, the cumulative increase of bainmei since this year reached 88.68%, and the net profit of the company's parent company in 2012 increased by 16.59% year on year%In the first quarter of 2013, the net profit attributable to the parent company increased by 40.19% year on year. The company expects that the change range of the net profit from January to June 2013 will be 20% to 50%, and the change range will be 238776100 yuan to 298470200 yuan (the net profit from January to June 2012 will be 1989801 yuan), which is due to the growth of the company's operating income in the context of the industry. The market share of infant formula milk powder of the company reached 10.8%, ranking the third, and the domestic brand ranked the first; according to the research data of Milo international, the market share of infant nutrition rice powder of the company reached 21.57%, ranking the second, and the domestic brand ranked the first. The company expects to change from "comprehensive operator of pregnancy and infant industry" to "the first brand of infant food", and concentrate resources on the development of infant food main industry. From the basic point of view, the growth rate of alcohol slowed down and the growth rate of food maintained. CITIC Securities research report pointed out that the overall revenue of Listed Companies in the food and beverage industry was 293.5 billion yuan in 2012, 82.6 billion yuan in the first quarter of 2013; the net profit in 2012 was 50.1 billion yuan, 15.9 billion yuan in the first quarter of 2013. Among them, the overall net profit growth of wine stocks in the first quarter of 2013 was 13.3%, significantly lower than 45% in the same period of 2012. In the first quarter of 2013, the overall net profit growth rate of food category was 30.4%, basically equal to 31.2% in the same period of 2012. From the perspective of investment strategy, Aijian Securities believes that in the second quarter of 2013, top-grade liquor and wine listed companiesStock prices are expected to continue to seek bottom and build bottom. Beer, meat products, milk and other consumer goods are less adversely affected by the government's inhibition of public funds consumption, and are greatly affected by the government's improvement of residents' income and consumption level. The stock price of listed companies is expected to rise, which is stronger than the Shanghai stock index. The future growth of dairy industry is still very big, and the growth of future profit level supports the overvalued value of listed companies. According to Great Wall Securities, China's per capita income continues to grow, which is in a period of rapid growth in food consumption. The increase of low-income people's income will fully release the food consumption ability. The structural upgrading of food and the considerable space for price increase will give birth to food bull stocks. The key recommended food stocks are bainmei, Yili, Shuanghui development and Sanquan food. 18.62% of the total number of companies with "three consecutive increase" in performance wireless network and transmission network of information service are still the investment focus ■ trainee reporter of this newspaper Niu Zhongyi according to the data of Market Research Center of Securities Daily, there are 27 stocks in the information service (Shenwan level) industry with medium-term performance expectations, year-on-year growth of net profit in the first quarter of 2013 and year-on-year growth of net profit in the annual report of 2012, achieving "three consecutive increases" in performance, accounting for 18.62% of the industry, ranking the third in Shenwan level I industry. Specifically, of the 27 information service stocks, 8 reported a performance increase in advance this year, 2 continued to win and 17 slightly increased. Performance increase stocks in advance are: Wantong technology, Boyan technology, Dashi intelligence, 263, Guanglianda, Guangdong Guangzhou stock, light media, and Dr. Peng. From the perspective of market performance, so far this year, only STARNet Ruijie (- 5.72%) and Shiji information (- 9.53%) have declined in the above 27 stocks, while the rest have achieved different ranges of gains, including provincial Guangzhou stock (144.39%), north latitude communication (99.15%), 263 (90.44%), light media (71.58%), Huace film and television (71.48%), Dr Peng (68.45%), Bo Bo Yan Technology (59.72%) and new culture (57.83%) increased by more than 50%. It is worth noting that the largest change in the net profit of light media forecast is 120%. According to the company's first quarter report, it is estimated that the net profit in the first half of 2013 will be 154765500 yuan to 179202100 yuan, a year-on-year increase of 90% to 120%. The net profit in the same period of last year will be 81455500 yuan, mainly due to the better box office revenue of the company's films in the first half of the year, the substantial increase in the revenue of film and TV plays, and the company's follow-up with the central government Depending on the cooperation of the program in the second quarter began to broadcast, it is expected that the company's program production and advertising revenue will resume stable growth from June. On April 17, the Ministry of industry and information technology, together with eight ministries and commissions, issued the opinions on the implementation of broadband China's 2013 special action (hereinafter referred to as the opinions), which put forward five opinions on the implementation of broadband China's 2013 special action, and proposed the goals for 2013: to add more than 35 million FTTH families, 25 million fixed broadband users, 180000 3G base stations, and newThe number of WLAN access points increased by 1.3 million, and the proportion of Broadband over 4m reached 70%. In this regard, analysts said that in 2013, the target of adding FTTH to cover more than 35 million households and 25 million fixed broadband users, with the proportion of Broadband over 4m reaching 70%. Compared with 2012 (35 million, 20 million and 50%, respectively), it did not significantly improve. However, the opinion has deployed wireless networks for the first time. In 2013, the new target is to add 180000 3G base stations, 1.3 million WLAN access points and 100 million 3G users. In 2013, wireless network and transmission network are still the focus of investment. This year, 3G investment has not cooled significantly (180000 stations will be added in 2013, and 200000 stations will be added in 2012). LTE as an investment increment, while investment in supporting backbone transmission network and mobile transmission network will increase significantly. It is estimated that the investment in wireless and transmission will increase by 13% and 30% year on year respectively in 2013. In this regard, China Merchants Securities said that it strongly recommended beacon communication benefiting from the investment growth of LTE transmission equipment, Yitong century benefiting from the new base station of wireless engineering, Japan Sea Communication benefiting from LTE and broadband, and bond communication technology obviously benefiting from LTE, and recommended paying attention to ZTE, Dafu technology, Zhuoyi technology, etc. Dongguan Securities said it focused on early cycle stocks of 4G network construction and broadband China related stocks. In May, China Mobile will start the bidding of wireless main equipment, and the communication sector will continue to be stronger than the overall market, so it is suggested to close the biddingNote network construction early cycle stocks. Recently, the Ministry of industry and information technology, together with the national development and Reform Commission and other eight departments, issued the opinions on the implementation of broadband China's 2013 special action, and said that multiple departments jointly reported to the State Council's "broadband China" strategy, will strive to introduce relevant policies in policy support, financial and tax support, planning and construction, etc., and it is expected that the relevant broadband China shares will continue to strengthen in the medium term. In terms of individual stocks: 4G early cycle suggests to pay attention to Fenghuo communication, Jiesai technology, ZTE communication, and nihai communication; broadband China suggests to pay attention to CDN service provider netsuke technology, value-added service provider zhangqu technology, Tuowei information, Beiwei communication, Longma information and iFLYTEK. The proportion of the number of enterprises with "three consecutive increase" in performance is 16.39% the trend of cement demand for building materials will continue ■ trainee reporter of this newspaper Niu Zhongyi according to the data of Market Research Center of Securities Daily, there are 20 shares in the construction and building materials industry (Shenwan class) with medium-term performance expectations, year-on-year growth of net profit in the first quarter of 2013 and year-on-year growth of net profit in the annual report of 2012, achieving "three consecutive increases" in performance, accounting for 16.39% of the industry, ranking the fourth in Shenwan class I industry. Specifically, of the 20 information service stocks, 6 reported an increase in performance in advance this year and 14 slightly increased. Performance increase shares in advance: Pubang garden, Hongtao Co., Ltd., Chengdu Road and bridge, Jianyan group, Ningbo Construction Engineering Co., Ltd., and 3D Engineering Co., Ltd. From the perspective of market performance, eight of the above 20 stocks have risen since this year, respectively:Oriental Garden (36.38%), Yanhua intelligent (24.80%), Pubang Garden (21.49%), Donghua Technology (13.73%), 3D Engineering (6.77%), Oriental Yuhong (6.42%), Jianyan group (5.15%), Hongtao Co., Ltd. (4.31%). It is worth noting that the largest change in the net profit of 3D project forecast is 150%. According to the first quarter report of the company, it is estimated that the net profit from January to June 2013 is RMB 62.5388 million to RMB 78.1735 million, with a year-on-year increase of 100% to 150% (net profit from January to June 2012 is RMB 31.2694 million). This is due to the rapid increase in operating revenue. The company is mainly engaged in the survey, design and general contracting of sulfur recovery system in petroleum, petrochemical, coal chemical and other industries. In addition, it also covers the design and general contracting of single unit such as atmospheric and vacuum distillation, catalysis, coking, hydrogenation, gasification, sour water stripping, amine liquid regeneration, oil storage and transportation, system supporting projects. From the basic point of view, since March, the cement demand has gradually recovered, but the regional price difference is large. Among them, the peak season effect of East China and Gansu market is obvious. Driven by the demand in rural areas, the enterprise's shipment volume recovers rapidly, and the market price continues to rise. North China and Northeast China are affected by the slow start of the project, and the demand is weak. From the perspective of the delivery volume of major enterprises in Beijing, Tianjin and Hebei, it is far less than the eastern coastal areas. In response, analysts said that the second quarter is the traditional peak season of cement, and the trend of demand recovery will continue. In addition to rural areas, the demand for infrastructure and real estate will also be gradually started, with market pricesIt will also continue to pick up, with the highest certainty and configuration value among cycle stocks. Shenyin Wanguo said that due to the regional characteristics of cement, it is expected that the profit trend of each region will continue to differentiate in the second quarter, among which the inventory in East China and Gansu Qinghai markets is relatively low, and the price is expected to continue to rise, pushing the enterprise's profit to exceed expectations, while the northeast, Xinjiang, Guangdong and other markets are subject to high price base or increased pressure on new production capacity. After entering April, the excess earnings of individual stocks have a large correlation with the company's real performance. It is suggested to focus on the areas where the earnings are expected to exceed expectations. In a comprehensive view, the Yangtze River Delta, Lianghu, Beijing Tianjin Hebei, southwest and Gansu Qinghai have advantages. From the Perspective of future price trend, the Yangtze River Delta, Gansu Qinghai > Lianghu, Beijing Tianjin Hebei > Southwest, conch cement, Huaxin Cement, Qilian Mountain, Jidong Cement and Jiangxi are recommended Cement, Jinyu Co., Ltd. and Chaodong Co., Ltd. pay attention to Sichuan Shuangma. Guotai Junan said that it was the first to push conch cement with low valuation and Qilian Mountain with determined demand boom. Conch is the leader in East China with strong market control ability. The demand for infrastructure construction in Qilian mountain area is strong, and the improvement of supply and demand in the whole year is relatively certain. At present, the shipment volume recovers, and it is expected to enter the boom upward period. In addition, Shenyin Wanguo said that the current gross profit rate of the glass industry is about 6.9%, which is lower than the historical average of 13.2%. It is expected that the industry profits will continue with the seasonal recovery, but considering the continuous release of supply, the range is relatively limited.