Outperforming expectations: 56 stocks make the list! Investors are quietly accumulating many industry leaders

Exceeding expectations not only reflects a company’s operational strength but also serves as a barometer for macroeconomic conditions, industry trends, and policy directions.

List of Companies Surpassing Expectations Announced

Before and after the Spring Festival, the A-share market entered the peak period for disclosures of 2025 annual report performance forecasts and quick reports. Some listed companies have significantly improved operational efficiency through a series of reforms, while benefiting from optimized supply-demand patterns, industry prosperity, and asset disposals, achieving unexpected growth in performance.

These outperformance results not only indicate that the actual financial performance of listed companies exceeds market expectations but also demonstrate good operational conditions and steady growth trends, boosting investor confidence and serving as an important window into economic recovery and industry development trends.

According to Securities Times Data Treasure statistics, as of February 13 (the same below), among listed companies that have announced 2025 performance forecasts, quick reports, or annual reports, 56 companies have been explicitly rated as “exceeding expectations” in broker research reports. A clear outline emerges from this “exceeding expectations” list: leading companies are becoming the “pioneers” of performance growth.

Data shows that among these companies exceeding expectations, over 80% have a market value exceeding 10 billion yuan, including 14 giants with market caps of over 100 billion yuan such as Zijin Mining, Industrial Bank, Xinyi Solar, CITIC Securities, WuXi AppTec. These top-tier enterprises are rapidly growing, re-anchoring industry value, and attracting capital to accelerate towards high-quality development.

Taking the leading non-ferrous metals company Zijin Mining as an example, the company expects a net profit of 51 billion to 52 billion yuan in 2025, representing an increase of approximately 59% to 62% year-over-year. During the reporting period, sales prices for mineral gold, copper, and silver increased year-over-year. Additionally, the output of major mineral products increased, with mineral gold around 90 tons, up about 17 tons; mineral copper (including Camoa rights) approximately 1.09 million tons, up about 20,000 tons.

Zhejiang Securities research report states that Zijin Mining is a global leader in gold and copper resources. Amid a cycle of interest rate cuts and escalating geopolitical risks, gold and copper prices are in a main upward wave; benefiting from the continued production and expansion of giant mines such as the Camoa copper mine, Kazakhstan gold mines, and Allied Gold Corporation, the company is expected to achieve both volume and price increases; combined with the bottoming and rebound of lithium prices, this third growth curve is likely to continue contributing incremental growth, significantly boosting performance. The company’s current valuation level is at a low point in the industry, with potential for valuation restructuring in the future.

33 Companies with Performance Growth Over 50%

According to Data Treasure, based on the lower limit of profit forecasts (or the announced figure if no lower limit is provided), 33 companies are expected to see net profit growth of over 50% in 2025 (including those turning from loss to profit). Among them, 5 companies are expected to turn profitable from losses: Rongchang Biotech, Jifeng Shares, Longitude恒润-W, Zhongtai Shares, Sanfu Outdoor.

Rongchang Biotech expects a net profit of about 716 million yuan in 2025, turning from loss to profit. During the reporting period, the company’s core products Taltz and Vedicitumab achieved rapid growth in domestic sales; at the same time, the company granted Vor Biopharma Inc exclusive global development and commercialization rights for Taltz outside Greater China, significantly increasing licensing income. Additionally, through management optimization and iterative production processes, the company reduced production costs, improved gross profit margins, and significantly lowered sales expense ratios. Multiple factors have driven a substantial improvement in profitability efficiency.

Apart from companies turning profitable, Huatushan Ding, Buwei Storage, Lead Intelligent, Century Huatong, Chenguang Biotech also rank high in profit growth.

Huatushan Ding expects a net profit of 280 million to 420 million yuan in 2025, representing a year-over-year increase of 428.38% to 692.57%. During the reporting period, the demand for recruitment-related exam training continued to be strong. The company implemented regional operation reforms, delivering products to lower-tier cities; by simplifying enrollment and conversion processes, and enhancing user experience and operational efficiency, it further consolidated its industry-leading position.

Major Capital Inflows into 10 Companies

According to Data Treasure, as of the close on February 13, the 56 companies exceeding expectations have averaged a 14.75% increase this year, significantly outperforming the Shanghai Composite Index during the same period. Companies such as Runtu Shares, Huafeng Testing, Caibai Shares, Buwei Storage, Fulin Transportation have seen notable gains.

Runtu Shares rose a total of 97.99%, ranking first. The company expects a net profit of 600 million to 700 million yuan in 2025, up 181.05% to 227.89%. During the period, the company’s operating profit from active dyes and basic chemicals increased compared to the previous year, leading to improved performance in 2025.

In terms of capital flow, many companies exceeding expectations have received large-scale capital inflows this year. As of February 13, 10 companies with net financing purchases exceeding 100 million yuan since January have seen significant inflows. Among them, Zijin Mining, Industrial Bank, CITIC Securities, Salt Lake Potash have each received over 1 billion yuan in net financing since January.

(Source: Data Treasure)