科创板周报：科创板行业2024年中报业绩分析

Core Insights - The overall trading activity of the Sci-Tech Innovation Board decreased, with an average daily trading volume of approximately 28.21 billion yuan, slightly down from 28.22 billion yuan the previous week [6][7] - The overall PE (TTM) of the Sci-Tech Innovation Board is 31.30, which is higher than the ChiNext, Shanghai and Shenzhen main boards, while the PB is 2.35 [6][8] - The industries with the highest revenue growth in H1 2024 include pharmaceuticals, electronics, public utilities, and communications, all exceeding the GDP growth rate for the same period [23][24] Market Overview - The average turnover rate of the Sci-Tech Innovation Board was 3.32%, lower than that of the ChiNext, North Exchange, and Shanghai and Shenzhen main boards [6][8] - The total market capitalization of the Sci-Tech Innovation Board reached 48,375.03 billion yuan as of September 20, 2024, with a total of 575 listed companies [6][7] Industry Performance - The electronic industry has the highest average PE at 57.84, while the environmental protection industry has the lowest at 18.35 [12][13] - In H1 2024, seven industries saw a year-on-year increase in net profit, with the highest growth rates in communications, public utilities, and household appliances, all exceeding 10% [23][24] - The revenue growth rates for H1 2024 across various industries were led by pharmaceuticals (26.60%), electronics (24.50%), and public utilities (23.74%) [23][24] Comparison with ChiNext - The revenue growth rates of corresponding industries in the Sci-Tech Innovation Board and ChiNext showed significant differences, with the electronic and communication industries performing notably better in the Sci-Tech Innovation Board [23][24] - The net profit growth rates for the computer industry in H1 2024 were 7% for the Sci-Tech Innovation Board and -144% for the ChiNext, indicating a stark contrast in performance [23][24] Fund and Index Performance - The overall performance of index funds related to the Sci-Tech Innovation Board was weaker than the Sci-Tech index itself, with some thematic funds outperforming the overall board [6][8] - The Sci-Tech 50 index has shown a significant decline since August 2022, indicating a challenging market environment [18][19]