70 STAR Market Companies Preview First-Half Results, 39 See Net Profit Growth Double

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Summary · why it matters

As of July 28, 70 STAR Market companies have previewed their first-half results, with 39 of them expecting median net profit growth to exceed 100 percent. A total of 59 companies reported positive earnings forecasts, accounting for 84.29 percent, including 46 with expected growth and 13 with expected profits. Oukeyi posted the highest projected net profit growth, with a median of 50,199.61 percent, followed by Biwin Storage and C Changxin at 3,310.87 percent and 2,394.11 percent respectively. By sector, companies with net profit growth above 50 percent are mainly concentrated in electronics, machinery and equipment, and pharmaceutical and biological industries. High-growth stocks have risen an average of 63.85 percent this year, with Yuanjie Technology leading with a cumulative gain of 232.52 percent, while Oulai New Materials and Oukeyi both surged over 200 percent.

Impact on assets 23

Others▲ · 23 stocks
CXMT Corporation
688825
▲ PositiveCapitalrelevance

C Changxin (ChangXin Memory Technologies) is named as having the third-highest projected net profit growth (2,394.11%), directly from its first-half preview.

OKE Precision Cutting Tools Co. Ltd. A
688308
▲ PositiveCapitalrelevance

Company is in the electronics/machinery sector, which is mentioned as having many high-growth stocks, but OKE Precision Cutting Tools is not specifically named.

Off-coverage companies 1

Guangdong Olead Advanced Materials Co., Ltd.Private▲ Positive
Capitalrelevance

Oulai New Materials is mentioned as surging over 200% this year, indicating strong market performance.

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