Focusing on the economic performance of Shandong in the first three quarters | Two trillion yuan in the three quarters, Shandong stock's revenue performance is impressive
On October 31st, the third quarter reports of listed companies were closed, and 286 A-share listed companies in Shandong Province "submitted their papers".
According to Wind data, in the first three quarters, these 286 Shandong enterprises achieved a total operating revenue of 2.05075 trillion yuan, an increase of 153.87 billion yuan year-on-year, or 8.1%; The net profit attributable to the shareholders of the parent company reached 149.305 billion yuan, and the high-quality development pattern of Shandong listed enterprises gradually formed.
More than half of the companies have seen an increase in net profit, with nearly half experiencing double-digit revenue growth
In the first three quarters, there were many Shandong enterprises that achieved year-on-year growth in net profit. Out of 286 companies, 243 achieved profitability, accounting for 85%; 144 companies achieved a year-on-year increase in net profit, accounting for 50.3%.
Who is the 'King of Profit'? Yankuang Energy, Wanhua Chemical, and Haier Smart Home are the top three profitable companies. Yankuang Energy recorded a net profit of 27.128 billion yuan with an average daily mining capacity of 74.32 million yuan, a year-on-year increase of 135.3%. Wanhua Chemical, which ranked first last year, ranks second this year with a net profit of 13.608 billion yuan. The third place goes to Haier Smart Home, achieving a net profit of 11.67 billion yuan, a year-on-year increase of 17.3%, with a profit growth rate twice that of revenue growth. In addition, Hualu Hengsheng, Qingdao Beer, GoerTek, Qingdao Port, Weichai Power, Luxi Chemical, and Nanshan Aluminum also ranked among the top ten in terms of net profit of Shandong stock.
Who is the 'King of Growth'? The net profit growth of Zhongrun Resources, Lanjian Intelligence, Lianchuang Shares, Xinchao Energy, Jinqilin, and Longyuan Technology all exceeded 400%.
Revenue is more impressive than profit. In the first three quarters, 186 Shandong enterprises saw a year-on-year increase in revenue, accounting for 65%; 137 Shandong enterprises achieved double-digit revenue growth, accounting for 48%. That is to say, over 60% of Shandong stocks have seen revenue growth, with nearly half of them experiencing double-digit revenue growth.
There are four companies with revenues exceeding 100 billion yuan, namely Haier Smart Home with a revenue of 184.749 billion yuan, Yankuang Energy with a revenue of 151.347 billion yuan, Weichai Power with a revenue of 130.523 billion yuan, and Wanhua Chemical with a revenue of 130.42 billion yuan. In addition, Huadian International, Shandong Iron and Steel, GoerTek, Inspur Information, Shandong Road and Bridge, and Shandong Gold ranked among the top ten in terms of revenue in Shandong stock market.
From the perspective of price fluctuations, since the beginning of this year, a total of 12 Shandong stocks have risen by more than 50%, and 35 Shandong stocks have risen by more than 10%. Yuancheng Gold rose the most, with its stock price increasing by 202.5% compared to the beginning of the year. Zhongtong Bus ranked second with a growth rate of 134.2%. From May to July this year, the range of growth exceeded 400%, breaking out of 13 consecutive limit up boards, demonstrating the market's pursuit of the new energy vehicle industry. Rongchang Biotechnology's stock price rose by 89%, with operating revenue of 569 million yuan in the first three quarters, a year-on-year increase of 397%. In addition, the stock prices of Green Energy Huichong, Yankuang Energy, Gaoce Shares, Xianda Shares, Zhenghe Industry, Xinhua Pharmaceutical, Huatadayin, Runfeng Shares, and Qingda Environmental Protection have also risen by more than 50%.
The manufacturing industry is leading the way, with a clear drive for research and development innovation
Why is the revenue of Lu stock impressive? The contribution of major manufacturing companies is significant. Among the 23 Shandong enterprises with revenues exceeding 15 billion yuan, 19 are manufacturing enterprises, accounting for 83%. Among the 30 Shandong enterprises with revenue growth exceeding 50%, there are 23 manufacturing enterprises, accounting for 77%.
The development of advanced manufacturing industry in Shandong Province is gaining momentum, which can also be seen from the ranking of net profit and growth rate of Shandong stocks. Among the top 15 profitable enterprises in Shandong, there are 8 manufacturing companies, leading with a majority advantage; Among the 34 Shandong enterprises with a net profit growth of over 100%, 29 are manufacturing enterprises.
Shandong has achieved remarkable results in promoting the construction of an advanced manufacturing province, and is accelerating its transition from a manufacturing powerhouse to a manufacturing powerhouse. The outstanding performance of these listed manufacturing companies is proof of this, "said Fu Baozong, a specially invited researcher at the Shandong Provincial Government Development Research Center and director of the Industrial Department of the Industry Institute of the China Macro Economic Research Institute.
The high intensity of R&D investment and innovation driven high-quality development are also highlights of the third quarter report of Shandong enterprises. In the first three quarters, R&D expenditures of A-share listed companies in Shandong reached 52.52 billion yuan, a year-on-year increase of 14%. Haier Smart Home, Weichai Power, and GoerTek are the top three in terms of R&D investment, with respective amounts of 7.454 billion yuan, 5.514 billion yuan, and 3.491 billion yuan. On October 30th, Weichai Power Science and Technology Research Institute was officially launched, marking Weichai's independent research and development capabilities entering the forefront of the global industry.
The report of the 20th National Congress of the Communist Party of China proposed to promote the high-end, intelligent, and green development of the manufacturing industry. Increasing R&D investment is the driving force for promoting the high-end and intelligent development of the manufacturing industry. On the one hand, this has promoted the transformation and upgrading of traditional manufacturing enterprises such as Haier Smart Home and Weichai Power, and on the other hand, it has also enabled representative enterprises of emerging industries such as GoerTek to stand out, "said Fu Baozong.
Add 19 new listed companies and prepare to establish the "Qilu Science and Technology Innovation Board"
On October 19th, three Shandong companies, Sanbai Shuo, Zhuochuang Information, and Bangji Technology, went public on the same day, bringing the total number of A-share listed companies in Shandong to 286. Among them, there are 61 in Qingdao, 49 in Yantai, and 43 in Jinan.
“强化推动企业上市，是企业优化融资结构、缓解融资难题的关键途径。”省地方金融监管局副局长李坤道表示，我省坚持把发展多层次资本市场摆在重要位置，深入开展企业上市培育行动，努力实现全省上市企业扩容提速。
今年以来，山东共有19家企业登陆A股。从排队情况来看，21家山东企业排队IPO，多集中在制造业领域，如专用设备制造、电子设备制造等，占比超70%。资本市场对科技创新有很强的引领促进作用。截至9月末，我省共有代表“硬科技”的科创板上市公司21家，创业板上市公司58家，北交所上市公司12家。
“为精准服务对接科技型中小企业，我省推动区域性股权市场筹备设立‘齐鲁科创板’，已培育储备一批企业，基本具备开板条件。”李坤道透露。截至9月末，我省两家区域性股权市场挂牌企业累计达7839家，帮助企业融资1227.59亿元。（记者 王新蕾 徐佳 报道）
Information source: Dazhong Daily
