The most profitable prefix!
Since 2023, the Chinese prefix sector has risen strongly under the stimulation of policy measures and walked out of a round of strong rising market!
For example, since the beginning of this year, the village mentioned: "focus on improving the quality of listed companies controlled by central enterprises, strengthen investor returns", "study the inclusion of market value management in the performance appraisal of the heads of central enterprises", etc.;
At a time when the market is in a downturn and adjusting, the direction of the Chinese word has risen again, undertaking the task of protecting the Chinese army!
Let's continue to sort out some of the more profitable Chinese prefixes for readers!
Statistics show that as of the first quarter of this year, a total of 9 Chinese companies have a net profit of more than 10 billion, and these 9 companies are:
Bank of China, PetroChina, CNOOC, China Mobile, Chinese Life, China CITIC Bank, Sinopec, China Shenhua, China State Construction;
In the first quarter of this year, the company achieved revenue of 160.81 billion yuan, down 3% year-on-year, and net profit of 55.9 billion yuan during the period, down 2.9% year-on-year;
It is worth mentioning that since 2021, the net profit scale of Bank of China has been above 200 billion yuan!
followed by PetroChina, the company's revenue in the first quarter of this year was 812.1 billion yuan, an increase of 10.88% over the same period last year, and the net profit during the period was 45.68 billion yuan, with a net profit growth rate of 4.7%;
In the past three years, PetroChina's net profit has seen continuous growth, rising from a low of 92.1 billion yuan to 161.1 billion yuan;
CNOOC, which is also an oil stock, ranked third, with revenue of 111.4 billion yuan in the first quarter of 2024, a year-on-year increase of 14.08%, and a net profit of 39.7 billion yuan during the period, a year-on-year increase of 23.6%;
CNOOC's net profit will increase significantly in 2022 and 2023, with the net profit exceeding 100 billion yuan, and the net profit in 2022 will reach 141.7 billion yuan.
In addition, the net profit scale of more than 20 billion yuan also includes China Mobile and Chinese Life, with 29.6 billion yuan and 20.6 billion yuan respectively;
From the perspective of market performance, the stock prices of the above 9 companies performed well during the year, and the stock prices rose by more than 10% during the year;
CNOOC's share price rose the most during the year, with a cumulative increase of 56.27% since January, and a maximum of 33.00% during the period;
PetroChina followed, the company's share price has risen by 50.22% since the beginning of this year, rising to 10.83 yuan during the period, hitting a stage high in recent years!
Since the beginning of this year, the stock price has risen by more than 20% China Shenhua and China CITIC Bank, during which the stock price has risen by 41.8% and 26.6% respectively;
The share prices of China State Construction, Bank of China, Sinopec, Chinese Life and China Mobile have risen by 17.6%, 15.5%, 12.7%, 10.3% and 10.0% respectively this year;
Risk Warning: The stock price of the above part of the prefix has risen significantly recently, and there are many factors affecting the stock price.
The net profit in the first quarter exceeded 10 billion!
Bank of China: Net profit in the first quarter of 2024 was 55.9 billion yuan, down 2.9% year-on-year;
PetroChina: Net profit of 45.6 billion yuan in the first quarter of 2024, a year-on-year increase of 4.7%;
CNOOC: Net profit of 39.7 billion yuan in the first quarter of 2024, a year-on-year increase of 23.6%;
China Mobile: Net profit in the first quarter of 2024 was 29.6 billion yuan, a year-on-year increase of 5.4%;
Chinese Life: Net profit of 20.6 billion yuan in the first quarter of 2024, down 9.3% year-on-year;
China CITIC Bank: Net profit of 1.1 billion yuan in the first quarter of 2024, a year-on-year increase of 0.2%;
Sinopec: Net profit in the first quarter of 2024 was 18.3 billion yuan, down 8.8% year-on-year;
China Shenhua: In the first quarter of 2024, the net profit was 15.8 billion yuan, a year-on-year decrease of 14.6%;
China State Construction: In the first quarter of 2024, it achieved a net profit of 14.9 billion yuan, a year-on-year increase of 1.2%;