In the middle of 2022, the "report card" of listed companies will be released soon. As of June 6, more than 130 listed companies have announced interim results, of which more than 80% are "pre happy". According to Wande data, as of June 6, a total of 132 listed companies have announced their 2022 interim performance forecasts. Among them, "pre increase", "continuous profit" and "slight increase" are 67, 10 and 25 respectively, and "turnaround" is 4. A total of 106 "Pre Wedding", accounting for more than 80%. At the same time, some listed companies performed poorly in the first half of the year, and the performance forecast showed "pre reduction", "first loss" and "continued loss". Li qiusuo, managing director of the research department of CICC, said: "judging from the performance forecast that has been disclosed so far, some photovoltaic industry chains and new energy vehicle industry chains in the midstream field have been repaired rapidly and have maintained high growth as a whole. Some biomedical fields have a good growth, and the automotive electronics boom is high." The picture shows a view of a photovoltaic power station in Yunnan. Photographed by Xinhua News Agency reporter Hu Chao At the same time, from the performance forecast, the profitability of the upstream industry of energy and raw materials generally remains high. "Companies of coal, natural gas and new energy related materials have achieved high growth, but the growth rate is slowing down due to the base effect." Li qiusuo said. In the new energy industry chain, due to the strong demand at the downstream end, the upstream enterprises of the industry chain maintain a high profit level. According to the performance forecast, the number of shipments and sales volume of many lithium concept stock enterprises increased significantly compared with the same period of last year, driving the growth of net profit in the forefront. From the perspective of some pressure bearing enterprises, the reasons listed in the performance forecast mainly include the increase of upstream raw material costs, high international energy prices, phased logistics constraints, project schedule delays, order fluctuations, etc. According to the scheduled disclosure of the periodic reports of listed companies published by the Shanghai Stock Exchange, the first semi annual report of the Shanghai Stock Exchange will appear on July 15. In the next month and a half, the Shanghai and Shenzhen stock exchanges and the Beijing stock exchange will welcome the centralized appearance of the "interim report card" of listed companies. Institutions generally believe that due to multiple factors, the performance of Listed Companies in different industries may be differentiated in the first half of the year, and the performance of subdivisions in the industry is also different. Li qiusuo said that the performance growth of the financial sector in the second quarter is expected to improve slightly compared with the first quarter of this year. During the second quarter, combined with the relatively high global commodity prices, the profits of the upstream industry may still be relatively resilient, and the middle and downstream industries may be generally affected by the epidemic and the high cost of raw materials, especially the performance pressure of the manufacturing and consumer industries may be greater. In his view, the profit growth rate of non-financial listed companies in the second quarter may be at a phased low level throughout the year, and the growth rate is expected to rebound in the second half of the year. Chen Guo, chief strategy officer of CSC securities, said that in combination with the high-frequency boom data and feedback of the industry tracked in the early stage, the sectors that are expected to maintain a high growth rate in the second quarter are still mainly concentrated in new energy, high-end manufacturing, medicine, resource products and other major directions. Recently, the implementation of a package of policies and measures to stabilize the economy has accelerated, and China's overall economic recovery has accelerated. China's Manufacturing Purchasing Managers' index (PMI) released on June 30 rebounded to 50.2%, returning to the expansion range after three consecutive months of contraction. Industry insiders said that as the prices of some upstream resource products stabilized, the steady growth policy was increased, the resumption of work and production was steadily promoted, and the overall domestic demand rate stabilized and rebounded in the second half of the year, the improvement of the profit margin of the midstream and downstream industries is expected to usher in an opportunity. At the same time, the performance of construction machinery, transportation and other industries that have been greatly affected by the epidemic may be approaching the inflection point. (reporter yaojunfang, Panqing) (outlook new era)