Why is the testing industry a new enthusiasm for capital pur
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The inspection industry is becoming a focus area for institutional layout.
According to the regular report of public funds and the semi-annual report of listed companies that have been disclosed in the near future, many institutions and well-known investors have begun to buy this sector. Among them, China Testing (12.500, 0.09, 0.73%), Anche Testing (49.950, 0.32, 0.64%), Jinyu Medical (51.170, -1.78, -3.36%) and other related companies have been favored by many organizations.
Public private equity fund layout
Take the leading industry test in the industry as an example. According to the public fund's quarterly report, as of the end of the second quarter of this year, a total of 75 funds held a heavy holding of 375 million shares of China's testing, accounting for 22.62% of the shares outstanding of listed companies. At the end of the first quarter of this year, 58 funds held heavy positions holding 284 million shares of China Testing, accounting for 17.12% of the outstanding shares. The above data shows that China Testing has continued to increase its position in the second quarter of this year.
The detection of motor vehicle detection faucet has been sought after by many organizations since its listing at the end of 2016. Oriental Wealth (14.790, -0.07, -0.47%) Choice statistics show that as of the end of the second quarter of this year, the number of institutional holdings was 32.9 million shares, accounting for 36.27% of the outstanding shares.
For example, the Fuguo Tianhui Growth Fund, which is managed by the public fundraiser in the industry, has bought 800,000 shares of the car test as early as 2017. Since then, it has increased its position quarter by quarter. As of the end of June 2019, Fuguo Tianhui Growth Fund held a total of 9.12 million car inspections, and if it did not sell, its market value was about 450 million yuan.
Some private placements are also extremely optimistic about the testing industry.
According to the data of Choice Information, in the third quarter of 2018, Gao Yi Assets Deng Xiaofeng bought 20.85 million shares of China Testing and Testing; in the fourth quarter of 2018, Gao Yi Assets Feng Liu bought third-party construction materials testing leading Guozheng Group (20.110, 0.11 , 0.55%) 8.13 million shares, jiacang to 8.5 million shares at the end of the first quarter of this year; Feng Liu also bought a medical industry in the fourth quarter of 2018 to buy 5 million shares of the leading medical field, the first quarter of this year to increase to 15 million Shares were re-stocked to 22 million shares in the second quarter.
The stock prices of the above companies are not favored by the "disappointment" institutions.
From the low point of 2017, the stock price of Anche Testing has increased by 2.5 times, of which the increase has been nearly 84% since 2019. From the beginning of 2018, the stock price of China Testing has risen more than 2.5 times, and this year has increased by more than 90%; Since the fourth quarter of last year, domain medicine has also increased its share price by more than two times, including 1.4 times this year. Since the fourth quarter of last year, the National Inspection Group has also increased its share price by more than 80%.
Industry adapts to social development trends
The industry has a large development space, the development trend is good, and the competition pattern in the industry is good. It is the main logic of the organization's continuous code detection industry.
In the view of a well-known investor, with the improvement of the security awareness of the whole society, the third-party testing industry will usher in explosive growth, and listed companies have a first-mover advantage.
"The explosive growth of the inspection and inspection market is essentially a public awareness of the safety of environmental, food and industrial production. This trend is irreversible," the investor analyzed.
In addition to the industry's compliance with social development trends, the continued performance of some listed companies has also become an important reason for institutional stocks in this sector.
The semi-annual report of China Testing showed that in the first half of this year, the company achieved operating income of 1.33 billion yuan, a year-on-year increase of 22.22%; net profit was 160 million yuan, a year-on-year increase of 213.61%, both hitting a record high in the same period;
Ann car inspection announcement shows that in the first half of this year, the company achieved operating income of 410 million yuan, an increase of 73.4%; net profit of 110 million yuan, an increase of 85.76%;
Jinnian Medicine's semi-annual report for 2019 showed that the company's net profit increased by 78.9% year-on-year, and the non-net profit growth rate was as high as 115%, exceeding the expectations of the seller and the market. The semi-annual report disclosed that the stock price was closed at the daily limit.
From the situation that the reporter understands, when laying out the investment targets, the organization will also pay attention to emergencies, such as management changes.
Take China Testing as an example. In the first half of 2018, the company introduced heavyweight management, and the new management increased its shareholding in the company, which is considered by the organization to be an important buy signal.
"The introduction of top talents in the industry indicates that the company has higher goals for the next development, and the company’s management has significantly increased its shareholding in its own company, which is a positive indication of the company’s development prospects." An investor in Shanghai Said.
This article is collected by the National Aerospace Science and Technology Network and is for study only. The copyright belongs to the original author!