Revenue + net profit + net interest rate indicators have collectively improved, and the performance of the military industry is expected to be further released

time:2023-01-28 05:40:48 source:clevelanddrifters.com author:Hot industry
Revenue + net profit + net interest rate indicators have collectively improved, and the performance of the military industry is expected to be further released

Based on the data of the 2022 interim report, the military sector continues to be in a period of high prosperity and expansion. Under the influence of the high base in the second quarter of last year and the impact of the epidemic in the second quarter of this year, it still shows a stable and medium-speed growth. After excluding the targets of the cyclical civilian shipbuilding business in the ship category, the military industry segment achieved a total operating income of 249.4 billion yuan in the first half of 2022, a year-on-year increase of 13.5%; net profit attributable to the parent was 22.3 billion yuan, a year-on-year increase of 27%; net profit rate of 8.95% , an increase of 0.94pcts, the industry's net interest rate continues to rise under the large-scale and heavy volume, and the upward trend of net interest rate is expected to be maintained along with the overall production capacity of the military industry. Institutional sources pointed out that judging from the performance of military enterprises that have released data, the performance of some assembly plants in the first half of the year achieved rapid growth, the prosperity of mid- and downstream enterprises remained, and the performance of some upstream enterprises was greatly affected by the increase in raw materials. At present, raw material prices have fallen sharply under the expectation of global interest rate hikes, and it is expected that the performance of the whole industry will be gradually released in the third quarter. According to the theme database of the Financial Associated Press, among the relevant listed companies: Great Wall Military Industry is mainly engaged in the research and development, production of mortar shell series, photoelectric countermeasure series, individual rocket series, fuze series, sub-munition series, pyrotechnic series and other products. Applied to the sea, land, air, rocket army. AVIC XAC is mainly engaged in the research, development and manufacture of large and medium-sized military aircraft and military and civil aviation parts and components. It is the only final assembly manufacturer of military transport aircraft and bombers in my country. Related stocks Great Wall Military +1.67% AVIC XAC +0.55%

(Responsible editor:Market analysis)