Looking to the future, many consulting agencies believe that the space economy market has great potential, and the market value is estimated to range from US $926 billion to US $2.7 trillion.
China will fully build the “Tiangong” space station
According to the “Blue Book of China’s Aerospace Hi-Tech Holding Group Co.Ltd(000901) activities (2021)” released by the Aerospace Hi-Tech Holding Group Co.Ltd(000901) group on February 9, China will continue to open the aerospace “super mode” from to 2022, plan to arrange more than 50 space launch missions, launch more than 140 spacecraft, and the number of launches will remain high.
The blue book mentioned that the construction of the space station is the top priority of the year’s aerospace mission. It is reported that China Tiangong space station will be composed of three modules: Tianhe core module, Wentian experimental module and Mengtian experimental module. According to the plan, China’s manned Changzheng Engineering Co.Ltd(603698) will carry out six launch missions in 2022, with Tianhe core module as the control center, Wentian and Mengtian experimental modules as the main experimental platform, will fully build a space station which will be cared for all year round, and the long March 6A carrier rocket and multi-type commercial carrier rocket will fly for the first time.
the size of the space economy industry is expected to reach trillions of dollars
In recent years, the development speed of China’s aerospace can be described as flying in by leaps and bounds. From the moon, Mars to the space station, China has achieved its present achievements step by step. Although China started late, it can reach the world advanced level in a short time. At present, the only space station in the world is seriously aging and is expected to retire in 2024. At that time, China’s space station will become the only one in the world.
As China’s “real estate” in space, Tiangong space station is of great value. A previous research report by Bank of America Merrill Lynch pointed out that by 2040, the market value of the space industry will reach $2.7 trillion (about 17.5 trillion yuan) . Goldman Sachs also said that the space economy will become the tuyere of the future, and its industry scale will grow to trillions of dollars in the next 20 years.
According to statistics, more than 20 advanced scientific experiment cabinets will be deployed in each cabin of the space station, laying a good environmental foundation for more international scientific research cooperation. At present, China and foreign space science departments have approved 17 joint space stations. In the future, there will be more and more international cooperation around China’s space station.
layout space station concept stocks are released, and the net profit of the two stocks is expected to double
Statistics show that as of February 11, there were 20 companies involved in space station related businesses, with a total market value of 567.6 billion yuan. The Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) with the highest market value mentioned on the interactive platform that the Chinese space station is equipped with the company’s AED products.
In addition to Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) , many listed companies disclosed the relevant information of the space station on the interactive platform. Yaguang Technology Group Company Limited(300123) said on the interactive platform on February 10 that the company’s military electronic products have been used in aerospace communication for a long time. Hwa Create Corporation(300045) said that the company provides simulation testing services for the development of some equipment of China’s space station. Shanxi Fenghuo Electronics Co.Ltd(000561) responded that Hongsheng Technology, a holding subsidiary, undertakes the important task of voice communication between astronauts and space stations, astronauts and ground command centers. Beijing Ctrowell Technology Corporation Limited(300455) indicates that the company’s microsystem chips are used in spacecraft components such as Shenzhou and space station.
From the secondary market trend, the overall performance of space station concept stocks is flat. Data treasure statistics show that as of February 11, concept stocks have fallen by an average of 0.38% since the Spring Festival, underperforming the Shanghai Composite Index in the same period. From the perspective of valuation level, the rolling P / E ratio of 9 shares is less than 50 times, including Fiyta Precision Technology Co.Ltd(000026) , Nanjing Quanxin Cable Technology Co.Ltd(300447) , China Aerospace Times Electronics Co.Ltd(600879) , Ningbo Yong Xin Optics Co.Ltd(603297) , Changshu Tianyin Electromechanical Co.Ltd(300342) , Shanxi Fenghuo Electronics Co.Ltd(000561) , and Fiyta Precision Technology Co.Ltd(000026) P / E ratio of 11.3 times is the lowest.
From the perspective of institutional attention, the most frequently mentioned research report of securities companies is Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) , with 38 research reports paying attention to it. Followed by Avic Aviation High-Technology Co.Ltd(600862) , Ningbo Yong Xin Optics Co.Ltd(603297) , Fiyta Precision Technology Co.Ltd(000026) , Leyard Optoelectronic Co.Ltd(300296) , Nanjing Quanxin Cable Technology Co.Ltd(300447) . According to the latest performance data, Leyard Optoelectronic Co.Ltd(300296) , Aerospace Hi-Tech Holding Group Co.Ltd(000901) , Ningbo Yong Xin Optics Co.Ltd(603297) , Zhejiangtailin Bioengineering Co.Ltd(300813) the net profit of four shares in 2021 is expected to increase year-on-year, of which Leyard Optoelectronic Co.Ltd(300296) , Aerospace Hi-Tech Holding Group Co.Ltd(000901) is expected to increase by more than 100%.
