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Shenzhen Stock Exchange Listed Innovative and Growth Enterprises Realize Fast Business Performance Growth In 2015

Date 01/02/2016

As of January 30, 2016, companies listed on ChiNext board and SME board of Shenzhen Stock Exchange (“SZSE”) all disclosed their estimated change in 2015 net profit in the forms of business performance forecast, annual report, listing announcement and so on according to relevant requirements. Because the earnings preannouncement system hasn’t been overall implemented in SZSE Main board listed companies, the complete business performance situation will be disclosed in annual report. The data shows that SZSE ChiNext board and SME board listed companies continue to maintain medium and high speed growth momentum for actively promoting self-development, transformation and upgrading as well as implementing the development ideas of “innovation, coordination, environmental protection, openness and sharing”.

I. Business performance situation of ChiNext board listed companies

In 2015, 492 ChiNext board listed companies are expected to realize an average net profit ranging from RMB 116 million and 136 million respectively, with a year-on-year growth rate ranging from 19.2% to 39.2% respectively. Among them, 299 companies gain net profit growth in the same direction, accounting for 61%; 30 companies have little change in net profit, 10 companies turn losses into gains, 131 companies suffer net profit decrease in the same direction, while 22 companies suffer losses.

From the perspective of net profit growth rate, 8 companies including East Money are expected to realize a year-on-year net profit growth of more than 500% respectively. And 60 companies including Wen’s Foodstuff, Shengyun Environment and Jinlong are expected to realize a year-on-year net profit growth of more than 100% respectively.

From the perspective of net profit volume, Wen’s Foodstuff, East Money, Lens Technology and Originwater are expected to realize a net profit of more than RMB 1 billion respectively. 35 companies including Enlight Media and Robot are expected to realize a net profit of more than RMB 300 million respectively. And 163 companies including Jincheng Pharmaceutical and Shenwu Environmental are expected to realize a net profit of RMB 100 million respectively.

From the perspective of industry, internet, ecological protection and environmental management, radio, film and television and electrical machinery industries witness fast business performance growth in 2015. Among them, the internet industry is expected to realize a growth rate ranging from 132% to 164%, while the ecological protection and environmental management industry is expected to realize a growth rate ranging from 36% to 65%.

II. Business performance situation of SME board listed companies

777 SME board listed companies are expected to realize an average net profit ranging from RMB 185 million and 234 million respectively, with a year-on-year growth rate ranging from 8.86% to 37.88% respectively, which shows that SME board listed companies have maintained a certain economic vitality and realized stable business performance growth under the background of tremendous pressure faced by macro economy. Among them, 307 companies gain a year-on-year net profit growth respectively, accounting for nearly 40%; 120 companies realize a net profit growth rate of more than 30% respectively, while 71 companies suffer losses.

From the perspective of net profit volume, 23 companies including Guosen Securities are expected to realize a net profit of more than RMB 1 billion respectively. 61 companies including Kelun Pharmaceutical are expected to realize a net profit of more than RMB 500 million respectively. And 113 companies including O-film are expected to realize a net profit of more than RMB 300 million respectively.

From the perspective of industry, 612 manufacturing companies listed on SME board are expected to realize a year-on-year business performance growth ranging from -1% to 30% in 2015 respectively. Finance, software and information technology industries are expected to gain overall business performance growth, with the growth rate ranging from 102% to 107% and from 19% to 54% respectively. However, animal husbandry, real estate, mineral exploitation and other traditional industries still face severe business environment, which are expected to suffer overall business performance decrease respectively.

The annual report performance forecast shows that strategic emerging industry companies exceed the average level in profit volume, which have good development prospect.