The three-quarter report revealed that the differentiation between the different plates of the A-share was further accelerated. Among them, the performance of the growth stocks represented by the board, the GEM and the small and medium-sized enterprises is the most obvious, while the growth of the performance of the main board listed companies has dropped. In the industry with higher performance, the benefit of the 5G industrial chain listed company is more obvious, especially with the fact that the cooperation order of the new model of Huawei has been converted into real performance. At the same time, the differentiation of the inside of the board is becoming more obvious, such as the further the profits of the listed companies are on the way to the “second-eight law”. Even in the industry with a higher degree of prosperity, there is a growth in the performance of the industry Differentiation.
From the third quarterly report, the differentiation between different plates of A shares is further accelerated. Among them, Science and Technology Innovation Board, gem and small and medium-sized enterprise board as the representative of the growth stock performance improvement is the most obvious, and the main board listed companies performance net profit growth rate has declined. Among them, Science and Technology Innovation Board listed companies became the best growing companies in the third quarter, up 382.6% in the first three quarters compared with the same period last year; the net profit of gem listed companies increased by 6.5% compared with the same period last year, compared with-5.1% reported in the middle of this year. The net profit of A-share listed companies increased 7.34% in the first three quarters of 2019 compared with the same period last year. Among them, gem listed companies rose 7.34% in the third quarter of the year. The year-on-year net profit increased by 28.52% on a year-on-year basis, but the net profit in the first three quarters was down 3.5% from the same period last year. In the first quarter of this year, the net profit growth rate of the listed companies in the back-view main board continued to be 12.34%, 10.26% and 9.06% respectively.
Statistics show that 57 listed companies had revenues of more than 100 billion yuan in the first three quarters, six more than in the same period last year, and the number of “Big Mac” companies was the highest in history. 318 listed companies recorded more revenue in the first three quarters than in the whole of last year. Revenue rose more than 20 percent in the real estate and construction materials industries, and more than 15 percent in the non-bank finance, construction decoration, agriculture, forestry, animal husbandry and fishing industries. Auto industry revenue fell 5.75%, the weakest performance.
For China Mobile, China Unicom, China Telecom and radio and television network and other telecom operators to provide customer relationship management, big data, billing, mobile Internet and business support and other core business systems comprehensive solutions, including system consulting, planning and product development, upgrade, service; provide public cloud and big data services and operations, as well as public cloud and big data system under the general platform products; Provide services for small and medium-sized enterprises based on mobile Internet cloud and big data. The stock currently has 8500 shares, belonging to small-cap stocks, with earnings per share of 0.02 yuan and total operating income of 449 million yuan compared with the same period last year.
Weitong, information security products and systems for the civil market research and development, production, sales, security integration and security services, the company’s customers are mainly departments at all levels, financial institutions, large state-owned enterprise groups and so on. At present, the number of shares in the stock reaches 32200, which is a large stock with earnings per share of-0.008 yuan, total operating income of 1.043 billion yuan up 0.13 percent year on year, and net profit of 64 million yuan up 13.42 percent compared with the same period last year.
Dongtong, engaged in middleware product research and development, sales and related technical services of software enterprises. At present, the stock has 29700 shares, belonging to the middle stock, with earnings per share of 0.18 yuan, total operating income of 252 million yuan up 31.64 percent year on year, and net profit of 48 million yuan up 115.5 percent compared with the same period last year.
Dream Network Group, mobile Internet cloud communication service business and high-power power electronic equipment design and manufacturing business. At present, the stock has 41300 shares, belonging to the middle stock, with earnings per share of 0.23 yuan, total operating income of 2.044 billion yuan up 0.68 percent year on year, and net profit of 182 million yuan up 19.47 percent compared with the same period last year.
Mature traders have learned to overcome this. Because the mistake of preparation is an indispensable part of the transaction, as long as the trouble appears to cut off contact, is the best protection for themselves, as a chance to give themselves another chance, rather than endure to expect things to turn around. Many market participants make a common sense mistake: buy in one time frame and sell in another time frame. Buying and selling are based on different cycles of judgment.
Mature traders have learned to overcome this. Because the mistake of preparation is an indispensable part of the transaction, as long as trouble occurs to cut off contact, is the best protection for themselves, as a chance to give themselves another chance, rather than endure to expect things to turn around.