★ Over 4,000 stocks have fallen since the beginning of this year. What are the stocks that are still calm?
A-share turnover has dropped significantly
You sing and I'm on the scene, such stories are frequently staged in A-shares. The real estate sector fell into silence after a short revelry, and the continuous hot new energy track was weak. Coal, medicine, natural gas, heat pump and other sectors took advantage of the situation and became new protagonists in the market. The same is true for the broad market index. After the ups and downs, the Shanghai index is currently hovering around the 3,000-point integer mark. According to
Securities Times ·Databao statistics, stocks rose less and fell more this year, and more than 4,000 stocks fell during the year, accounting for more than 80%. Financing customers with a volume of trillions have withdrawn continuously. This year, a total of 252.2 billion yuan has been sold, which is the largest net sales in the same period in the past four years. The decline in transaction activity on
reflects changes in investor enthusiasm for participation. Data treasure statistics show that since the beginning of this year, the average daily turnover of A shares has dropped to 0.96 trillion yuan, down 9.47% from the average daily turnover in 2021, the first decline in five years. In the past September, the average daily turnover of A-shares fell to 727.1 billion yuan, a new monthly low for the year. On the last trading day before the National Day, the turnover of was only 561.6 billion yuan, setting a new low for a single day during the year.
The list of low-amplitude anti-fall stocks is released, and the banking industry is the most shortlisted
In the current volatile market, which stocks are not afraid of the volatility of the broader market and get out of the turbulent market? Data treasure statistics, excluding the new stocks listed this year, the average daily amplitude during the year is less than 3%, the number of daily limit up and down is zero, and the latest closing price is within 10% of the year's high. There are 29 stocks. The lowest average daily amplitude since the beginning of this year is Agricultural Bank , with an average daily amplitude of less than 1%, which is the stock with the smallest volatility.
These low-amplitude defensive stocks all outperformed the Shanghai Composite Index during the year. Jiangsu Bank , Hangmin shares bucked the market and rose by more than 30%. Jiangsu Bank ranked first with a cumulative increase of 35.59%. The stock achieved a profit of 13.4 billion yuan in the first half of this year, a year-on-year increase of 31.2%, and the profit growth rate ranked the top three in the industry.
From the perspective of industry characteristics, these stocks mainly gather in banking, transportation, textile and apparel, non-banking finance, public utilities and other industries, accounting for more than 70% of the total. The banking industry has the largest number of shortlisted stocks, with 12 stocks listed. The four major state-owned banks, Bank of China, Agricultural Bank, Industrial and Commercial Bank of China, and China Construction Bank are all shortlisted.
From the perspective of market value characteristics, the average A-share market value of the above 29 shares has reached more than 200 billion. The two trillion-dollar market capitalization Kweichow Moutai and Industrial and Commercial Bank are among them. In addition, industry leaders such as hydropower leader Yangtze Power , oil and gas giant Sinopec , and China Telecom , PICC , Daqin Railway are all on the list.
Judging from the performance characteristics, more than 80% of the above-mentioned stocks have reported an increase in net profit in the half-yearly report. The net profit growth rate of 5 stocks including Yingtai Bio, Youngor, Yangtze Power, Jiangsu Bank, and Wuxi Bank exceeded 30%.
From the perspective of valuation characteristics, as of the close on September 30, nearly 80% of the rolling price-earnings ratio is lower than the level of the Shanghai Composite Index. Over 60% of the rolling price-earnings ratio is less than 10 times, and the price-earnings ratio of Huaxia Bank , Beijing Bank , Bank of Communications, China CITIC Bank , and Agricultural Bank is below 4 times.
8 stocks have the potential for continued growth
Are the above-mentioned low-amplitude defensive stocks still have growth potential in the future? According to the statistics of data treasure, according to the unanimous forecast data of more than 5 institutions, the net profit growth rate of the 8 shares in the next three years will exceed 10%. Jiangsu Bank ranked first with an average net profit growth rate of 22.84% predicted by institutions.
Northeast Securities Research Report believes that the Bank of Jiangsu handed over a brilliant answer sheet in the first half of the year, the company's interest margin has rebounded, and its asset quality has continued to improve. We are optimistic that the supply and demand of credit will be booming under the support of the Bank of Jiangsu's policy in 2022. At the same time, the continuous improvement of asset quality also provides room for the release of performance.
compares the latest closing price with the consensus forecast target price of the institutions, 7 stocks rose more than 20%. China Telecom has a 39.2% upside potential from the target price, which is the stock with the highest upside potential. According to the Huatai Securities Research Report, China Telecom's investment in industrial digitalization continues to increase, and it is expected to continuously increase its market share in the cloud computing industry and open up development space.
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(The final interpretation right of this event belongs to Databao)
declares: All information content of Databao does not constitute investment advice, the stock market is risky, and investment should be cautious.
editor in charge: Lin Lifeng
proofreading: Gaoyuan
data treasure
data treasure (shujubao2015): Securities Times Smart Original Innovation Media.
