Big Data Analysis A Shares 600 Listed Companies "War Epidemic" Performance

At present, no one can stay out of the way, medical supplies are urgent, and the construction of isolation hospitals is imminent. In this campaign without smoke, Chinese entrepreneurs quickly responded to the anti epidemic front in their own way.

The epidemic has aroused the sense of social responsibility of Chinese enterprises, and has also made a final examination of the CSR capability of enterprises.

Nan Cai think tank and twenty-first Century economic report corporate social responsibility research team selected the data of 635 Chinese A share listed companies listed in China's Listed Companies Association as of February 4th, and analyzed the cash donations and material donations of the A share listed companies, combined with the market value, net profit, industry, location, professional contribution and interests of listed companies. The indicators such as Guan Fang maintenance were cross analyzed.

China's A share listed companies perform well, and take effective measures at the first time. From the deep line of Wuhan disaster area to the global sea anti epidemic materials, the management capacity, emergency response capability, resource mobilization ability and sustainable development ability of Chinese listed companies are reflected.

In the study, we initially found that in the 635 listed companies, the manufacturing enterprises were very prominent, playing the role of ballast stone, the financial industry has a comparative advantage in the amount of donations, and some of the listed companies are also doing their best to provide support. 104 listed companies in Beijing participated in the epidemic, and 69 in Guangdong ranked second. Some enterprises have outstanding professional competence in the fight against epidemic diseases.

It is noteworthy that in the crisis, corporate social responsibility is not just donations, professional support. In this crisis, some enterprises are in a predicament, unable to start up, and employees pay to be paid. How to deal with this sudden disaster and implement crisis management to tide over difficulties is a test. But on the other hand, some enterprises have encountered opportunities to say that once in a blue moon is profitable. Is it right for entrepreneurs to maintain social order or to speculate in price? In the expansion of the market, whether or not we will take advantage of public welfare, from these angles, the epidemic will be a comprehensive test of Chinese entrepreneurs' corporate social responsibility.

This sample belongs to incomplete statistical samples. The non A shares of Alibaba, Jingdong, HUAWEI, Fosun, Tencent, Hengda and Biguiyuan in this epidemic are also not included in the sample. We will analyze them separately in subsequent series of observations.

Chinese enterprises are in action. At present, A share listed companies are struggling to shoulder the burden of society. After a few days of sample statistics, according to the latest list of listed companies' list of the list of companies listed on the list (list continued to update) released by the association of Listed Companies in February 9th, there are nearly 200 A share listed companies participating in the donation compared with February 4th data. For example, the Bank of Beijing announced that donations of cash and materials were more than 30 million yuan. The founder and founder of the US Charity Foundation donated $200 million (the US group has donated 100 million yuan in cash and nearly 10 million worth of material), and donated 10 million yuan to the Wuhan Charity Federation. While Everbright Bank listed on both A shares and Hong Kong stocks had no single donation, its parent company Everbright Group donated 30 million, and A shares continued to have companies. The industry responded to the epidemic.

Research on the market value and profit of donated Enterprises: who will show love in deficit companies?

According to data released by China Association of Listed Companies in February 4th, a total of 635 A share listed companies participated in the anti epidemic epidemic at the first time as of February 4. In a short period of time, 20% listed companies have responded, and this figure is still rising rapidly. The total amount of cash and materials donated by the 635 A share listed companies in the epidemic was calculated to be 4 billion 456 million yuan in the cash and material donation data, including cash donation of 4 billion 238 million yuan. Although many enterprises donate not much cash, they have made great efforts to purchase a large number of epidemic prevention materials and send them to the front line.

In the survey statistics, A shares listed companies donated materials including 835863 protective clothing, 8103170 respirators, 48037 goggles and 3235.145 tons of disinfectant. There are countless drugs. Besides cash donations, some listed companies also provide insurance donations to front-line personnel, such as China Ping An's donation to all the 2000 journalists who fought in the forefront of Hubei's epidemic prevention and control. The new type of coronavirus epidemic accident insurance guarantee, the per capita guarantee amount is 500 thousand yuan, the total insured amount exceeds 1 billion yuan. The Gansu branch of China Life Insurance donated 46 million yuan to the Gansu Daily's first line reporter. The Tianjin branch of China Life Insurance donated 500 thousand yuan to the media reporters in Tianjin, with a total guarantee amount of 1 billion 500 million yuan. (Note: in accordance with the market average price of basic materials, we can convert the material donated by enterprises into Renminbi, and it is difficult to make detailed statistics because of the large number of funds and different standards of donation. Therefore, the material estimate only estimates the core medical materials such as masks, protective clothing, goggles, disinfectants and so on.

Of the 635 listed companies in the study, the total market capitalization was 34 trillion yuan as of February 4, 2020, and the net profit of the company was 2 trillion and 330 billion yuan. Among them, 64 listed companies have more than 100 billion market capitalization, 11 over 500 billion, and 7 market capitalization exceeding 1 trillion.

Although the donation amount of some enterprises is not high, their social responsibility consciousness is still very prominent in combination with their profits and market capitalization.

Comparing the donation amount of the listed company with its total market value and net profit, the number of listed companies is much higher than that of the manufacturing industry.

In order to facilitate statistical analysis, we analyze the ratio of total contributions to total market capitalization (total market value in February 4, 2020) and corporate net profit data. In the survey sample, the average ratio of corporate donations to total market capitalization is 4.61%, and some enterprises are far higher than the average. Taking Fangda group (stock code 000055) as an example, according to the statistics of Orient wealth network, as of February 4, 2020, the total market value of Fangda group was 4 billion 336 million yuan, and the net profit of the company in the first three quarters of 2019 was 156 million yuan. In this outbreak, Fangda Group donated RMB 200 million yuan through the Hubei Charity Federation, and the donation amount even exceeded the net profit of the three quarter of 2019. The net profit is 128%. The following are outstanding enterprises:

Through in-depth analysis of the donation data of A share listed companies, the research group noted that 21 listed companies were negative in the first three quarters of 2019, and the donation performance in the current epidemic situation is still positive.

21 samples of listed companies donated 142 million 800 thousand cash, and the total amount of donated masks amounted to 556000 yuan. When the market value was converted into RMB, the total loss of these 21 loss making enterprises amounted to 148 million 600 thousand yuan, of which 19% of Hubei's enterprises accounted for 19%, most of which were manufacturing enterprises.

According to statistics, the loss of Changan Automobile Co was the largest in the first three quarters of 2019, and the loss was 2 billion 662 million yuan. The loss was the lowest in Xingtu Xinke company, with a loss of 1 million 37 thousand and 200 yuan.

The manufacturing industry is the ballast stone, the financial industry has a comparative advantage in the amount of donation.

Manufacturing industry is a relatively large industry affected by this epidemic. However, of the 635 listed companies in the statistics, 308 participating enterprises came from the manufacturing industry, and the number of manufacturing enterprises was the highest. The number of the second financial industry enterprises was 4 times that of the manufacturing industry, and the total amount of donations from the manufacturing industry reached 1 billion 360 million.

104 listed companies in Beijing participated in disaster relief, and 69 in Guangdong province ranked second.

We made two classifications according to the registered geographical location of enterprises. After the comprehensive ranking of participating enterprises in provinces and municipalities directly under the central government, no matter from the statistics of quantity or donation, the two indexes of Beijing ranked first. The number of listed companies participating in epidemic prevention in Beijing reached 104, accounting for 16.38%, and the total amount of donation amounted to 25.96%. This is mostly related to the central enterprises of A shares registered in Beijing, and is also inseparable from the key role played by the capital in this epidemic control.

Guangdong province ranks second, and the number of enterprises participating in the epidemic prevention in Guangdong is 69. Although there is a certain gap between the number and the number of Beijing, the total amount of donations is not large. The total donation amount of A shares listed in Guangdong is 935 million 795 thousand yuan. In the hardest hit province of Hubei, the number and amount of enterprises involved in the rescue reached the top five.

The listed company makes epidemic disease on the spot, and its professional contribution ability is outstanding.

In this assessment, the independent evaluation index is set up for the professional contribution ability. The professional contribution ability refers to the positive effect of the enterprise in using the professional director to control and rescue the epidemic situation. The industry specializes in it. In the face of the epidemic, the listed company plays its own comparative advantage and skillfully uses resources to carry out the action rapidly, which plays a key role in the prevention and control of the first-line rescue of the epidemic.

Public value drives product innovation and technological progress

More and more enterprises in China are carrying out rapid product innovation for the epidemic. Through public interest, they strengthen the bonding degree with the customers' brand value, satisfy and tap more customers' needs, put the charity experience in the front end of product design, and deepen the concept of public welfare in brand value, bringing product innovation and technological progress.

Technology innovation enterprises can not only help stabilize the epidemic by donating funds and materials, but also work on the application of technological innovation products according to their respective professional fields, and help the medical team and society achieve more core funding than the fund donation during the epidemic.

During the epidemic, China Mobile also continued to develop thermal imaging temperature measurement system based on 5G technology, VR telemedicine technology, and 5G Intelligent Cloud robot to provide technical support and medical convenience for medical workers struggling in front-line.

The robot has been put into trial at Wuhan Union Hospital and Tongji Tian You hospital for simple medical inquiry, disinfection, cleaning and drug delivery. And no manpower operation is needed in the process of work, which can greatly reduce the pressure of front-line medical staff and devote themselves to medical treatment.

With the support of China Mobile base station, Raytheon hill hospital has achieved gigabit network coverage and can receive 5G signals stably. The wireless network can carry 25 thousand concurrent communication needs, which can satisfy remote command, tele consultation, remote operation and data transmission. Alipay announced that its knowledge management tool, "language sparrow", provides online office, and non-profit organizations can use the language space freely for a long time.

The UAV technology, big data platform, 5G technology and telemedicine applied by Chinese enterprises during the spread of the epidemic indicate that technological innovation will be an important force in promoting medical reform and disease control.

Enclosure:

First of all, I would like to pay tribute to all Chinese A share listed companies contributing to the epidemic.

According to the industry classification of the Shenzhen Stock Exchange, we conducted 17 different industries analysis for the 635 listed companies participating in the rescue operation. If you want to get the list of enterprises that are involved in the epidemic relief in various industries, please scan the underlying two-dimensional code.

(see App for details)