Per reporter: Tang Zongquan Per reporter Per editor: He Jianling
Image source: Photo.com
Today (May 26), the "Cattleman Heavy Position" column focuses on Huafeng Chemical (002064), and today the stock was selected into the "Bullman Heavy Position Selection Index". As of the close, the stock was last reported at 12.59 yuan / share, up 4.66%, up 24.78% this year.
The Cattleman Heavy Position Select Index fell into a correction today, although it outperformed the CSI 300 Index, but no stocks were excluded, on the contrary, 1 constituent stock Huafeng Chemical was added.
At the close of today, there are already 4 students in the component stocks of "Chemistry Department and Chemical Fiber Major", Huafeng Chemical does spandex, Oriental Shenghong does polyester, Satellite Petrochemical does polypropylene, wanhua Chemical does polyurethane and isocyanate (MDI).
Coincidentally, today Galaxy Securities Ren Wenpo and Lin Xiangyi published a research report saying: "The chemical fiber industry chain has continued to maintain a high boom since the beginning of the year, and the profitability of related enterprises is expected to improve significantly. ”
"Timing" is tightly pinched, you say coincidence? Is the chemical fiber plate about to exert force? Let's wait and see.
<h2>Benefited from rising prices of spandex and adipic acid</h2>
Huafon Chemical is the largest spandex enterprise in China and the second in the world, mainly engaged in the research and development, production and sales of polyurethane products such as spandex fiber, polyurethane stock solution, adipic acid and so on. The company has been deeply engaged in the polyurethane industry for many years, and the leading products spandex, polyurethane stock solution and adipic acid are in the leading position in the industry, and have a deep accumulation in terms of brand, technology and market, stable operation and outstanding competitive advantage of products.
In the first quarter of 2021, the company's operating income was 5.794 billion yuan, an increase of 120.77% year-on-year; deducted non-net profit of 1.622 billion yuan, an increase of 512.79% year-on-year; return on net assets was 13.24%, an increase of 10.14 percentage points over the same period last year.
In the 2020 annual report, the company achieved revenue of 14.724 billion yuan, an increase of 6.81% year-on-year; net profit attributable to the mother of 2.279 billion yuan, an increase of 23.77% year-on-year; net profit after deduction of non-profit of 2.194 billion yuan, an increase of 348.63% year-on-year; basic earnings per share of 0.49 yuan.
This is a high-growth stock, Haitong International Liu Wei released a research report commenting on the company's performance, believing that it is benefiting from the rise in the price of spandex and adipic acid, and the company's high prosperity of spandex and adipic acid continued in the first quarter.
According to the price monitoring data of the business agency on May 25, the domestic spandex market is running steadily at a high level, and the overall change in the factory quotation is not large, and the average price of the current 40D specification is 68600 yuan / ton, which is flat compared with the previous trading day, up 114.38% year-on-year. The spandex industry started near 90%, running at a high level, but the supply of fine Dan is still tight.
Business analysts believe that the supply of spandex supply is still tight, but the cost side is generally good for support, the terminal market is cautious about the future market, and it is expected that the price of spandex will continue to be high in the short term.
<h2>Xie Zhiyu, investment director of Xingquan Fund Management Department, holds 19.5008 million shares</h2>
The "CattleMan Heavy Position" column focuses on institutional heavy stocks, and 5.5% of Huafon Chemical's outstanding shares are held by 37 funds, with a total of 108 million shares held by the funds. In addition, 178 million shares were held by 4 insurance institutions, accounting for 9.1% of the outstanding shares.
As of the previous trading day (May 25, 2021), the number of shares held by Northbound Funds was 154 million shares, accounting for 7.88% of the outstanding share capital, and the market value of Northbound Funds was 185196.56 million yuan.
Just counting these publicly available figures, 440 million shares, or about 22.48 percent of the outstanding shares, have already been pocketed by institutions. Who is the "first brother" among fund managers?
Xie Zhiyu, born in 1981, master of economics, has served as a researcher in the research department of Xingquan Fund Management Co., Ltd., an investment manager of the special account investment department, and is currently the investment director of the fund management department.
The latest unit net value of the "Xingquan Herun Hybrid (LOF)" fund is 2.145 yuan, the cumulative net value is 8.1575 yuan, the cumulative net value growth rate in 2021 is 7.41%, and the 2021 annual performance ranks 782 in the daily economic news fund database.
In the first quarter of 2021, the cumulative net value growth rate was 3.40%, and it ranked 329th in the database. In 2020, the cumulative net value growth rate was 75.16%, and it ranked 466th in the database.
This is a stock that northbound money is "buying, buying and buying".
As of the end of the first quarter of 2021, Hong Kong Securities Clearing Company Limited held 94.1379 million shares, accounting for 6.56% of the freely floatable share capital, with a stock market value of 1.101 billion yuan.
The statistics of the "Northbound Funds" range show that from the end of the first quarter of 2021 to the previous trading day, the Northbound Funds have increased their holdings by 59.8077 million shares, and the number of shares held has increased by 63.53%.
From a longer-term time range, from the end of the fourth quarter of 2020 to the previous trading day, the holding volume of northbound funds has increased from 47.2341 million shares to 153.9456 million shares, an increase of 106.7115 million shares, an increase of 225.92%.
30 trading days have increased by 58.4%, 60 trading days have increased by 208.29%, 120 trading days have increased by 296.99%...
From the end of the first quarter of 2021 to the previous trading day, the number of northbound capital holdings increased by 63.53%, and the stock price range increased by 2.82%. During this period, changes in northbound capital holdings were positively correlated with share price performance.
From the end of the fourth quarter of 2020 to the previous trading day, the number of northbound funds holdings increased by 225.92%, and the stock price range increased by 19.23%. During this period, changes in northbound capital holdings were positively correlated with share price performance.
Financiers are not idle, radicals are increasing leverage, borrowing money must continue to "buy, buy and buy". Financing to buy stocks is a cost, and while magnifying the returns, it is also amplifying the risk, so the financing balance is a very good emotional indicator, which can reflect the investors' attitude towards Huafon Chemical.
Financing data show that on May 25, 2021, Huafeng Chemical (002064) raised 314.5033 million yuan, and on March 31, 2021, the financing balance was 243.9786 million yuan, and the "leveraged trader" increased the financing balance by 70.5247 million yuan, an increase of 28.91%.
Compared with the financing balance of 167.1793 million yuan at December 31, 2020, the "leveraged trader" increased the financing balance by 147.324 million yuan, an increase of 88.12%. During this period, the stock price range rose by 19.23%.
Readers who carefully look at the table may have noticed that from the time span of 120 days, the increase in financing balance is 76.24%, compared with the increase of 88.12% this year, it is clear that there should be a "low point" in the middle.
Bulleye jun found that this low occurred on January 15, 2021, and the stock price jumped up the second trading day and then pulled up to the limit.
The closing price of the day was 13.39 yuan, and it is clear that most of the financiers rushing in are trapped, because today's closing price is 12.59 yuan.
But there is an interesting phenomenon, on March 25, 2021, the financing balance saw a stage low, and the financing balance has continued to climb since then. As of the previous trading day (May 25, 2021), the balance of financing has reached 314.5033 million yuan.
After entering the second quarter, the financing balance and the holdings of northbound funds began to increase simultaneously, as shown in the screenshot:
<h2>The constituent stocks were increased by 1 more, and the chemical fiber stocks began to pile up</h2>
Today, the Bullman Heavy Position Select Index has lost again, the CSI 300 Index has been sideways, and our index has fallen by 1.14%.
From the daily chart, a yin line will eat half of yesterday's yang line, the pattern is not very good, need a yang line to encourage confidence.
At the close of the day, the leading growth stocks were Wanhua Chemical, Oriental Shenghong and China Zhongwai.
At the close of the day, the leading constituents were Goertek, Sungrow and CATL.
At the close of the day, 1 constituent stock Huafeng Chemical was selected.
No constituent stocks were eliminated today, so the number of constituent stocks increased by 1 to 16, and the list is as follows:
There is a feature to pay attention to, the chemical fiber plate and the chemical plate began to pile up. Huafeng Chemical does spandex, Dongfang Shenghong does polyester, satellite petrochemical does polypropylene, and Wanhua Chemical does polyurethane and isocyanate (MDI).
In 2020, 30.96% of Huafeng Chemical's main business income comes from polyurethane; Wanhua Chemical has an MDI production capacity of 1.8 million tons, with a market share of more than 50% in the domestic MDI market, and a TDI production capacity of 250,000 tons, the third in the world.
Today, Galaxy Securities Ren Wenpo and Lin Xiangyi issued a research report saying: "The chemical fiber industry chain has continued to maintain a high boom since the beginning of the year, and the profitability of related enterprises is expected to improve significantly. ”
(This article is for reference only, does not constitute a basis for trading, and enters the market at your own risk.) ）
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