Sou Hu Cai Jing·2025-05-26 10:28Core Insights - The current state of market capitalization management in A-shares reveals that over 5,400 listed companies exist, yet nearly half of them lack in-depth coverage from any brokerage research institutions [1] - The lack of coverage may stem from smaller market capitalization, insufficient business highlights, or inadequate investor relations management by the companies themselves [1] - Coverage by brokerage firms is crucial for companies aiming to enter public fund stock pools, as it directly impacts their accessibility to mainstream public funds [1] - Effective investor relations management can influence a company's price-to-earnings (PE) ratio, leading to better market performance [2] Company Ratings and Coverage - As of May 23, 2024, there are 5,415 listed companies in A-shares, with 3,210 receiving institutional ratings [4] - Among these, 1,157 companies have ratings from 10 or more institutions, while 557 companies have ratings from only one institution, accounting for 10.2% [4] - Notable companies with over 50 institutional ratings include Kweichow Moutai (58), Proya Cosmetics (54), and Contemporary Amperex Technology (CATL) (53) [5] Industry Distribution of Ratings - In the ChiNext board, 721 companies have at least one institutional rating, with several companies exceeding 40 ratings [6] - The Sci-Tech Innovation Board has 477 companies with at least one rating, and 110 companies remain unrated, representing 18.7% [6] - The North Exchange has 140 companies rated by at least one institution, with 126 companies unrated, accounting for 47.3% [6] Performance of Rated Companies - Among the 1,157 rated companies, 552 achieved year-on-year growth in both revenue and net profit, representing nearly 50% [7] - In contrast, over 2,200 companies lack institutional ratings, with significant representation in sectors like machinery, basic chemicals, and pharmaceuticals [8] - Of the unrated companies, 672 reported year-on-year growth in both revenue and net profit, with 12 companies achieving over 100% growth in both metrics [9] Noteworthy Companies with High Growth - Companies such as Zhengdan Co., Ltd. and Yangdian Technology reported substantial revenue and net profit growth, with increases of 126.31% and 131.88% respectively [10] - Other companies like *ST Wanfang and Xinhongze also demonstrated impressive growth rates, indicating potential investment opportunities in overlooked firms [10]