尤霏霏 制图 Especially through drawing

　　⊙记者 宋元东 ○编辑 宋薇萍

Reporter SongYuanDong ○ ⊙ SongWeiPing editor

　　为防止业绩出现大幅波动引发股价动荡，管理层要求上市公司在半年报之前根据经营披露业绩预告。由于二季度宏观经济的复杂，导致不少公司因业绩出现大幅波动而对业绩预期进行修正。

To prevent performance substantialvolatility trigger unrest share price，Management requirements listed company in half annals according to business before disclosure performance forecast。Because of the complex in the second quarter of macro economy，The company leads to many for performance substantialvolatility and for performance expectations amended。

　　据上证报资讯统计，截至昨日，沪深两市总计有159家上市公司发布半年报业绩修正公告，业绩增速向上修正的56家，占比35.22%；向下修正的103家，占比64.78%。其中，业绩大幅变脸的公司27家，由预亏转预盈或由预减转预增的10家。由预盈转预亏或预增转预减的17家。

According to the information statistics report，Till yesterday，Shenzhen two city a total 159 companies release half annals performance correction notice，Performance of the revised up growth 56 home，More than 35.22% of；The revised down by 103，More than 64.78% of。Among them，Performance of the company and face a home，By the turn the surplus or deficit reduction by the turn of the increased 10。By the turn the deficit or surplus gets turned the loss of the 17 home。

　　从数据上看，在目前1425家已披露业绩预告的公司中，发生业绩修正的公司占比11.16%。上述数据显示，上市公司一季度的预期相对乐观，随着二季度宏观经济低迷，业绩总体出现较大滑坡。

From the data on the，In the present 1425 home already disclosed performance of companies in the forecast，Performance of the companies account for correction happened more than 11.16%。The above data shows，The listed company quarter of relatively optimistic expectations，The second quarter macro economic downturn，Performance overall appear bigger landslide。

　　103家公司业绩预期下滑 103 companies performance expectations to slide

　　在业绩修正变差的103家公司中，除了8家公司预计半年报仍为略增外，其余95家公司半年报业绩全部报忧，成为半年报的业绩重灾区。其中，18家公司业绩大幅预减，29家公司预计业绩略减，22家公司首亏，9家公司续亏，还有17家公司由预盈转预亏。

In performance fixed becomes poor of the 103 companies，In addition to eight companies are expected to half annals is still slight increased outside，The rest of the 95 companies half annals performance all suffer，Be half annals of performance the worst-hit areas。Among them，18 companies sharply reduced the performance，And companies are expected to slightly reduced performance，22 companies first losses，9 companies XuKui，There are 17 companies by the full turn the deficit。

　　具体来看，由于糖市疲软，需求不旺，贵糖股份(000833,股吧)将业绩预期由此前预计的同比下滑50.01%至71.26%，向下修正为下滑78%-82%。而民和股份(002234,股吧)的业绩预期下滑，除了饲料成本、人工费用增长较快外，产品销售价格有所下降也是重要原因。

Specific to see，Due to the weak sugar，Slack demand，GuiTang shares(000833,Shares it)Will performance expectations which is expected to decline 50.01% before the up to 71.26%，Revised down 78%-82% for a slowdown。And the people and the shares(002234,Shares it)The performance of the expected slowdown，In addition to feed costs、Labor cost is growing rapidly outside，Product sales price is also important causes decline。

　　值得一提的是，在这103家业绩波动下滑的公司中，多达17家公司业绩出现大变脸，由预增变为预减或者由盈转亏。软控股份(002073,股吧)受下游轮胎行业投资下滑的影响，公司部分合同交付延迟，订单毛利下降，导致业绩预测的下调同比下降30%-50%，此前公司在一季报中预增0-30%。业绩波动最大的要属恒信移动(300081,股吧)、超日太阳(002506,股吧)、宇顺电子(002289,股吧)三家公司。恒信移动在4月25日发布的一季报中预计上半年累计净利润不会为亏损，而7月14日，公司修正业绩为预计亏损1350万元至1500万元。恒信移动给出的亏损理由为，行业处于过渡期以及公司处于2G与3G产品结构的转型期，影响了公司经营业绩。如果说恒信移动业绩预测出现的偏差尚在理解范围之内，超日太阳和宇顺电子的解释则有些勉强，甚至颇为意外。

It is，In this 103 home performance of companies in the fluctuation decline，As many as 17 companies face any big performance，By increasing the advance by reducing or surplus to turn a profit。Soft holding a(002073,Shares it)Downstream tire industry fell by the influence of the investment，The company part of the contract delivery delay，Order Maori down，Performance prediction to cut 30% year-on-year drop-50%，After the company in a quarterly increase in the 0-30%。The biggest wave of performance HengXin mobile(300081,Shares it)、Super day the sun(002506,Shares it)、Yu shun electronic(002289,Shares it)Three companies。HengXin mobile in April 25 a quarterly reports issued by the first half net profit forecast in total will not losses，And on July 14,，The company fixed performance for losses are expected to 13.5 million yuan to 15 million yuan。HengXin given reason for moving losses，Industry is in transition and a company to be in 2 G and 3 G product structure transformation，Affect the company business performance。If HengXin mobile performance prediction deviation is still in the understanding in scope，The day the sun and yu shun electronic explanation is some reluctance，Even rather accident。

　　超日太阳在4月26日发布的一季报中预计上半年净利润同比增幅为-30％—10％，由于公司2011年同期为1.32亿元，也就是说彼时超日太阳预计上半年盈利9200万元至1.18亿元之间，不过，公司7月14日却突然发布公告，预计亏损1.2亿元-1.5亿元，超日太阳给出的亏损理由为，光伏行业产能过剩现象依然严重，再加上欧元汇率的下跌、经营成本的上升等因素，公司第二季度组件销量、价格齐跌。由于光伏行业的低迷早在2011年上半年就已开始，公司在短短时间内对业绩的预期变化如此之大，着实令投资者猝不及防，公司股价随即以连续大跌回应。

The day the sun on April 26, the release of a quarterly net profit in the first half year-on-year rate of increase is expected to 30%-10%，Because the company $2011 in the same period of 132 million，That is the day the sun at the first half expected a profit of 92 million yuan to 118 million yuan between，but，The company July 14 suddenly by way of a public announcement，Expected loss 120 million yuan to 150 million yuan，The day the sun gives reason for the losses，Photovoltaic industry excess capacity phenomenon still serious，Plus the euro exchange rate down、Operating costs rise, and other factors，The second quarter sales components、Prices fall together。Because of the industry downturn in early photovoltaic (pv) in the first half of 2011 began，The company in a short span of time on the performance of the expected change so much，Investors really unexpected，Company's share price immediately plunged in a response。

　　而宇顺电子的业绩变脸过程更加离谱。公司去年2月初的一纸23亿元订单让宇顺电子疯狂六涨停，令外界对公司未来的业绩走向充满期待。随后，4月24日，公司公布半年报业绩预告为净利润同比变动幅度为-30%至20%；7月6日，公司再度修正业绩预期，由盈利变为亏损3500万元至4000万元，而理由为上述大单的实际执行程度较低，同时智能手机市场二季度增长低于预期。

And the performance of the yu electronic process more unusual face。Last year the company of February a paper 2.3 billion yuan order to the electronic crazy six eaves harden，To the outside world to the performance of the company is looking forward to the future。then，April 24,，The company announced half annals performance for net profit forecast year-on-year variations for-30% to 20%；On July 6，The company has fixed performance expectations，By profits into loss 35 million yuan to 40 million yuan，And the reason for the actual implementation of the largest single low degree，While intelligent mobile phone market growth in the second quarter below expectations。

　　分析人士指出，今年上市公司密集发布半年报业绩，除与二季度宏观经济低迷密不可分之外，也与上市公司在一季度结束时普遍呈现的乐观情况有关。部分公司则有在经济低迷期财务调节的可能。

Analysts say，This year the listed company released dense half annals performance，In addition to the macro economic downturn in the second quarter and beyond inseparable，Also with the listed company in the first quarter of the optimism of present situation when common relevant。Part of the companies have in the economic downturn financial regulation of may。

　

　56家公司业绩预期提升 56 companies performance expectations ascension

　　在业绩修正向好的56家公司中，23家公司预增，4家公司扭亏为盈，12家公司预减，7家公司首亏或续亏。另有10家公司业绩大幅向好，由预减转预增或由预亏转预盈。上述数据显示，业绩调整向好，并完全不代表半年报就很好看。

In performance correction to good 56 companies，23 companies the increase，Four companies out of the red，12 companies reducing beforehand，Seven companies first kui or XuKui。Another ten companies performance significantly better off，By the turn the increase or reduce the deficit by turning the full。The above data shows，Performance adjust up well，And completely does not represent half annals is very good。

　　具体来看，欧菲光(002456,股吧)因公司募投项目和超募项目正式进入量产期，客户订单较快增长，将半年报向上修正为预计盈利8500万元-9000万元，此前预期值为盈利7500万-8000万元。南都电源(300068,股吧)则因收购合并报表以及销售收入增长而将业绩向上修正为4702.35万元-5206.17万元，比上年同期增长180%-210%。因主营业绩提振而业绩预期提升的公司还有永清环保(300187,股吧)、宝通带业(300031,股吧)、黑猫股份(002068,股吧)、江山化工(002061,股吧)、百润股份(002568,股吧)、南国置业(002305,股吧)。

Specific to see，Offee light(002456,Shares it)Because the company offering project and the project vote from formally entering the quantity period，Customer order fast growth，Will half annals revised upwards for expected a profit of 85 million yuan-90 million yuan，The expected value for a profit of 75 million-80 million yuan。SMW power(300068,Shares it)In the purchase of the consolidated financial statement, and sales income growth and will be revised up performance for $47.0235 million-52.0617 million yuan，More than 180% year-on-year increase-210%。For the main performance to boost performance expectations and improve company still YongQing environmental protection(300187,Shares it)、Treasure bandpass industry(300031,Shares it)、Black cat shares(002068,Shares it)、Jiangshan chemical(002061,Shares it)、Bairun ford will share(002568,Shares it)、Austral home buyers(002305,Shares it)。

　　分析人士指出，业绩预期提升的公司原因较多，有些公司是行业受产业政策支持销售增加，如永清环保；有些公司因产品价格上涨受益，如江山化工；有的则为项目进入结算周期，如南国置业，有的则是新建产能推动业绩增长，如宝通带业。虽然各家公司业绩向好原因不一，但总体来看，食品饮料、农林牧渔、电子设备、百货零售等行业业绩好的公司偏多。当然，还有不少公司业绩大幅提升则是因为重组收益以及政府补贴、股权转让等一次性收益助力，便不具备可比性。

Analysts say，Performance expectations ascending company reason more，Some companies by industrial policy support the industry is sales increase，If YongQing environmental protection；Some companies for product prices to benefit，Such as jiangshan chemical；Others for items into settlement cycle，Such as austral home buyers，Some is promoting new capacity growth performance，Such as plastic bandpass industry。Although companies are going well performance reasons，But overall，Food and beverage、Farming, forestry, fishery、Electronic equipment、Department store industry such as retail good outstanding achievement company partial。Of course，And a lot of the company performance boost it is because of the restructuring benefits and subsidies、Equity transfer and so on the disposable income support，Then not comparable。

　

　27家公司业绩大变脸 27 companies face big performance

　　证券代码 名称 预警类型

Securities code name warning type

　　002517 泰亚股份(002517,股吧)预增

002517 Thai and shares(002517,Shares it)The increase

　　002354 科冕木业(002354,股吧)预增

002354 families mian wood(002354,Shares it)The increase

　　002221 东华能源(002221,股吧)预增

002221 donghua energy(002221,Shares it)The increase

　　002105 信隆实业(002105,股吧)续盈

002105 letters long industrial(002105,Shares it)Renewal surplus

　　002258 利尔化学(002258,股吧)续盈

002258 Lear's chemistry(002258,Shares it)Renewal surplus

　　002143 高金食品(002143,股吧)扭亏

002143 high gold food(002143,Shares it)putting

　　000681 *ST远东 扭亏

000681 * ST putting far east

　　002035 华帝股份(002035,股吧)略增

002035 HuaDi shares(002035,Shares it)Slightly increased

　　002109 兴化股份(002109,股吧)略增

002109 XingHua shares(002109,Shares it)Slightly increased

　　002174 梅花伞 略减

002174 the plum flower umbrella slightly reduced

　　300081 恒信移动 续亏

300081 HengXin mobile XuKui

　　002506 超日太阳 首亏

002506 the first day the sun a deficit

　　002289 宇顺电子 首亏

002289 yu shun electronic first losses

　　002552 宝鼎重工(002552,股吧)略减

002552 baoding heavy industry(002552,Shares it)Slightly reduced

　　002603 以岭药业(002603,股吧)略减

002603 ridge pharmaceutical(002603,Shares it)Slightly reduced

　　002619 巨龙管业(002619,股吧)略减

002619 dragon tube industry(002619,Shares it)Slightly reduced

　　002654 万润科技(002654,股吧)略减

002654 WanRun technology(002654,Shares it)Slightly reduced

　　002076 雪莱特 略减

002076 the snow slightly reduced

　　002073 软控股份 略减

002073 soft holding a slightly reduced

　　002130 沃尔核材(002130,股吧)略减

The wal-mart 002130 nuclear materials(002130,Shares it)Slightly reduced

　　002131 利欧股份(002131,股吧)略减

002131 Leo shares(002131,Shares it)Slightly reduced

　　002212 南洋股份(002212,股吧)略减

002212 nanyang shares(002212,Shares it)Slightly reduced

　　002293 罗莱家纺(002293,股吧)略减

002293 luo lai home textile(002293,Shares it)Slightly reduced

　　002333 罗普斯金(002333,股吧)略减

[002333, gold(002333,Shares it)Slightly reduced

　　002593 日上集团(002593,股吧)略减

002593 day group(002593,Shares it)Slightly reduced

　　002632 道明光学(002632,股吧)略减

002632 the way clear optical(002632,Shares it)Slightly reduced

　　002410 广联达(002410,股吧)略减

002410 GuangLian reach(002410,Shares it)Slightly reduced

　　注：变好为预亏转预盈或预减转预增；变差为预盈转预亏或预增转预减

note：Better to turn the surplus or deficit represents the minus turn the increase；Worse for the deficit or surplus turn the gets turned the increase reduced