ChiNext Board First-Half Earnings Forecasts: 88 Companies Expect Growth, Longsys Leads with Median Increase Over 680 Times

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As of July 22, 118 ChiNext-listed companies have released their first-half earnings forecasts, with 88 expecting profit growth, accounting for 74.58 percent. A total of 97 companies issued positive forecasts, representing 82.20 percent. Based on the median estimated net profit growth, 51 companies expect growth exceeding 100 percent, while 26 anticipate growth between 50 and 100 percent. Longsys posted the highest median net profit growth estimate at 68,298.99 percent, followed by Fushine Pharmaceutical and Tianhua New Energy with growth of 2,845.50 percent and 2,578.97 percent respectively. Companies expecting profits to double are mainly concentrated in electronics, electrical equipment, and machinery sectors, with 15, 9, and 6 stocks respectively. In terms of market performance, stocks expecting profits to double have risen an average of 49.43 percent this year, with Xingyun Technology, International Composites, and Changchuan Technology leading the gains at 395.23 percent, 325.90 percent, and 214.03 percent respectively.

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Chongqing Polycomp International CorpPrivate± Mixed
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