Lifting The "Year-On-Year Growth" Veil &Nbsp; 85, The Company's Performance Has Gone Up And Down.

With the end of the disclosure of the interim report, more and more companies are joining in the growth of performance. However, to raise "year-on-year" increase "Veil, part of the company's performance has actually declined for two consecutive quarters, showing a phenomenon of rising and falling.

According to the data center of Shenzhen securities information company, as of August 24, 2011, there were 1620 listed companies in Shanghai and Shenzhen two cities to disclose semi annual reports in 2011, of which 1148 companies had increased net profit, accounting for 70.86%, and 426 of the companies whose net profit grew by more than 50%.

However, in the mid-term year-on-year growth of these companies, 85 companies have decreased their net profits for two consecutive quarters since the fourth quarter of last year, and 28 of them have more than doubled their net profit year-on-year.

The most typical number of gorgeous families was realized in the first half of this year. Net profit 559 million yuan, an increase of 88 times compared to the previous year, the growth rate has been among the top five companies in the company currently published. However, from the recent performance reports of the company, it can be found that its net profit is mainly realized by changing the seller's property and showing a downward trend.

In the fourth quarter of last year, the gorgeous family transferred 48.48% stake in Shanghai Hongsheng Real Estate Development Co., Ltd., earning 505 million yuan. In the first quarter of this year, the company continued to transfer 31.52% stake in Shanghai Hongsheng, resulting in an investment income of 380 million yuan. Affected by this, the company's single quarter net profit fell from 30.18% yuan in the fourth quarter of last year to 347 million yuan in the first quarter, and the 38.87% quarter to two yuan in the two quarter.

Perhaps because of the unsustainable consideration of corporate profits, Nanjiang group, a major shareholder of the company, started a frenzy of reduction after the announcement of the newspaper. Up to now, it has sold 71 million 192 thousand and 400 shares, accounting for 10% of the total share capital, and the amount of cash in circulation is as high as 1 billion 238 million yuan.

But the recent exposure of financial fraud and suspension of the purple Xin pharmaceutical industry, despite the medium-term net profit growth of 325% over the same period, but in fact, there have been two consecutive quarters of performance decline. Its net profit in the fourth quarter of this year and the one or two quarter of this year were 111 million yuan, 66 million 285 thousand and 300 yuan and 45 million 156 thousand and 800 yuan respectively.

In addition, some companies appeared to be gratifying in the first half of this year, but in the two quarter there was a loss. Long term high tech net profit increased by 154.92% over the same period, but its net profit of 52 million 560 thousand yuan came from the contribution of the first quarter, and the actual loss in the two quarter was 1 million 918 thousand and 200 yuan. Han business group, Chunhui shares are also so, the medium-term performance of the sharp increase in the aura, the second quarter, respectively, loss of 549 thousand yuan, 13 million 980 thousand and 400 yuan.

Of course, the development of most companies is not a linear trend. Because of factors such as project and sales settlement period, fluctuations are inevitable. But if a company has two consecutive quarters Net profit The decline in profitability is worth exploring.