Interim results Shang Company accounted for 64.86% the financial crisis remains the main cause of the downturn

Since May A shares still do not change the strength of the trend, by the PMI index for the fifth consecutive month to rise in the asylum, the Shanghai Composite Index May 4, 2009-May 6 3rd Rose 104 points, approaching 2,600 points. What will be the future a-share?　　In addition to the April macroeconomic data, IPO gate opening, GEM and other external factors, the changes in the profitability of listed companies may give some answers. As the interim results of the "rehearsal" ――wind information shows that as of April 30, 2009, the Shanghai and Shenzhen cities A total of 569 listed companies released 2009 interim results, excluding 14 performance uncertainties, the advance, slightly increased, continued surplus and loss of the listed companies amounted to 195, accounting for 35.14% of the total,　　A total of 360 listed companies, with the first deficit, renewal, reduction and reduction, accounted for 64.86% of the total. The financial crisis remains the main reason for the performance of the 2009 quarterly bulletin only 259 listed companies released performance forecasts compared to the first half of the 569 figures show that listed companies to release performance forecasts, but still far less than a a-share hit 2008 years.　　Wind information shows that the 2008.5 Annual report, three quarterly, annual report published performance forecasts of the number of listed companies were 835, 739, 975. In the 13-plate classification of the SFC, the highest proportion of the loss of transmission and cultural industry, accounted for One-third, while the pharmaceutical products under the manufacturing sector is a pre-increase, a slightly higher proportion of the plate, a total of 5 advance, 5 slightly increased, accounting for the two plate 21 companies 47.62%. The production and supply of electricity gas and water is still in the "extremely deep cold" state, the plate total of 20 companies released in the forecast, but continue to lose a whopping 13, of which, Huadian power (600726. SH) is expected to reduce the medium-term net profit by 990%, Kyrgyzstan shares (000875.　　SZ) is down 571.44%, and the loss may extend to 150 million yuan. From the forecast performance year-on-year increase and decrease, *st in Liao (000638.SZ), *st (000506.SZ), S*st Property (000011.SZ), livelihood Investment (000416. SZ), Beihai Port (000582.　　SZ), Sui Heng Yun A (000531.SZ) six companies rose more than 500%. The reasons for the great increase of the listed companies are not the same, there is a reorganization of the gains, there are sales of financial assets, there is a decline in the cost of coal procurement and other factors. But companies with declining performance have mostly talked about the "financial crisis". The decline in front of the *st Tungsten (000657.SZ), Century Guanghua (000703. SZ), seg Samsung (000068.　　SZ) and other net profits-more than 1000% of the decline, the reasons are "the impact of the financial crisis" word. This reporter noted that the release of the performance forecast is still in the majority of SME, the current market capitalisation of the largest beforeOf the 10 listed companies, only Sinopec (600028). SH) One released the forecast for the Chinese newspaper.　　The giant, which suffered from high oil prices last year, has seen a sharp increase in profitability since the new oil pricing mechanism was implemented in December 2008, with 11.2 billion net profits in the first quarter of 2009, up 85.1% from a year earlier, and Sinopec made a forecast of more than 50% per cent for the first-half results.　　Interestingly, St Bao Li (000008.SZ) said that, because the company's main business is weak, and compared with the same period last year, no new shares in the reporting period to purchase investment income, forecast 2009 first half of the net profit of 550,000 yuan, down 326.43%. Real estate mining industry performance and market deviation from our correspondent statistics, the disclosure of performance notice of the 569 listed companies,　　Of the 1600 companies in Shanghai and Shenzhen, 35.56% of the total, according to the closing price of May 5, 2009, the above 569 listed companies have reached the market value of 3.41 trillion yuan, accounting for the Shanghai and Shenzhen 17.56 trillion of the total market value of 19.42%. In just disclosed 2009 year Quarterly, "Year-on-year decline, the chain big increase" become a major feature of the listed company. In 2008 years of the Four seasons of "net profit depression" in front of the 1600 listed companies in Shanghai and Shenzhen, although the net profit fell 26.29% Year-on-year, but the chain growth of more than 500%.　　But the real estate industry, extractive industry is the exception, the above two industries in the first quarter results "year-on-year, the chain" both declined.　　Wind information shows that the real estate industry in the first quarter of the net profit of 3.396 billion yuan, last year four quarter to 9.667 billion yuan, the chain fell more than 60%, and the extractive industry in the first quarter net profit of 48.517 billion yuan, last year four quarter to 48.83 billion yuan, a slight decline in the chain. At this time, the two-tier market and the fundamentals seem to have occurred to some degree of "departure"-despite the year-on-year, both the chain decline, but real estate and extractive industries in the two market performance is shining: This year, the real estate industry has risen by as much as 75.47%, in the CSRC 13 plate in the "runner-up" of the position,　　and mining industry in the two quarter since the 10.52% increase is also far better than the market.　　It is based on the lack of fundamental support of the rapid rise in the market, so that the Pacific Securities analyst Liu Jiwei wrote in the paper, the current a-share market capitalisation has grown too fast, nearly half of the 2007 bull market Peak, the bubble is serious, this is his "empty" A shares of the important reason. But the money does not seem to change the favor of real estate and extractive industries--Bohai Securities analyst Zhang Hui May 5 to our correspondent statistics show that from April 1, 2009 to May 4, the net capital inflow of the largest two industries for the real estate industry and extractive industries,　　The net inflow of funds was 11.599 billion yuan and 10.856 billion yuan respectively.　　However, signs of fundamental improvement appear to be imminent in the real estate sector, as evidenced by the medium-term performance forecasts. In 21 the interim results were released in advanceMeasured by the real estate companies, Cofco Real Estate (000031. SZ), Jinrongjie (000402. SZ) and other 14 companies have clearly predicted the range of performance.　　This reporter statistics found that the net profit of the 14 companies in the first half of this year's net profit sum in 503 million yuan-697 million yuan, relative to the first quarter of 413 million yuan base, the chain growth of 21.79% to 68.77%. As for the extractive industry, according to the interim results, Sinopec has increased by more than 50%, the God of Fire shares (000933. SZ) Net profit may be from the first quarter loss of 16.6 million yuan for profit of 130 million yuan, Chenzhou mining (002155.SZ), the quasi-oil shares (002207. SZ) Although "the reduction" and "slightly reduced", but compared with the first quarter of this year net profit will be negative change, only Yanzhou coal (600188. SH), Gold molybdenum shares (601958. SH) was the net profit Year-on-year "reduction of more than 60%" and "substantial decline".