Electrolytic water hydrogen production concept stocks have increased by an average of 69.39% this year, far exceeding the Shanghai index in the same period. The cumulative increase of Shanxi Meijin Energy Co.Ltd(000723) , Haima Automobile Co.Ltd(000572) , Sungrow Power Supply Co.Ltd(300274) and other three stocks doubled.
In early trading on December 14, A-share cyclical sectors such as nonferrous metals, coal, building materials, oil and steel led the decline. Non ferrous stocks Sinomine Resource Group Co.Ltd(002738) , China Northern Rare Earth (Group) High-Tech Co.Ltd(600111) , Shandong Nanshan Aluminium Co.Ltd(600219) , Zhejiang Huayou Cobalt Co.Ltd(603799) all fell by more than 4%; The concept of meta universe continues to rise sharply, Shunya International Martech (Beijing) Co.Ltd(300612) opening limit is the only stock with a continuous 20cm word limit at present. The increases of Avit.Ltd(300264) , Hengxin Shambala Culture Co.Ltd(300081) , Bizconf Telecom Co.Ltd(300578) , Hubei Radio & Television Information Network Co.Ltd(000665) , Shanghai Fengyuzhu Culture Technology Co.Ltd(603466) and so on were higher.
According to the statistics of the securities times and databao, Shunya International Martech (Beijing) Co.Ltd(300612) before this sharp rise, the stock price had been near a four-year low. the sudden rise in the limit on Monday is obviously supported by the theme of the yuan universe. According to the company’s disclosure on the interactive platform, the company is cooperating with the resources of strategic technical partners, actively responding to the plan of yuancosmos joint creation center of Xinhua news agency, deepening the strategic cooperation relationship with the State Key Laboratory of Xinhua news agency, and exploring the in-depth integration of 5g financial media platform and products with enterprise digital platform, Strive to build the “live cloud enterprise version” into a super entrance to the “enterprise meta universe” scene.
in 2030, the scale of China’s electrolytic water hydrogen production equipment is expected to exceed 100 billion
This morning, the theme of new energy generally cooled down, and cobalt metal, rare earth permanent magnet, polysilicon, new energy vehicles, lithium batteries and other sectors fell, but the overall decline was not obvious. Looking at the whole year, new energy is undoubtedly the hottest track. From photovoltaic, wind energy, pumped storage to hydrogen energy, the above segments shine brightly in the A-share market this year. On December 13, Huatai Securities Co.Ltd(601688) released a research report that paid attention to hydrogen production by electrolyzing water at another 100 billion level tuyere of new energy.
According to the prediction of the World Energy Council, hydrogen energy will account for 25% of the global end energy consumption by 2050. According to the white paper on China’s hydrogen energy and fuel cell industry (2020), China’s hydrogen energy demand in 2030 / 2050 / 2060 will be 37.15 million tons / 96.9 million tons / 130 million tons respectively. At present, China’s hydrogen energy mainly comes from coal to hydrogen, accounting for about 64% of China’s hydrogen production capacity, 21% of industrial by-product hydrogen, 14% of natural gas hydrogen and less than 2% of electrolytic water hydrogen. According to the white paper on China’s hydrogen energy and fuel cell industry (2020), the proportion of hydrogen production from electrolytic water will gradually increase to 10% in 2030, the space for improvement will exceed 4 times in the next decade, and the proportion of hydrogen production from electrolytic water will increase to 70% in 2060.
Industry insiders said that the economy of green hydrogen is greatly affected by the electricity price. It is estimated that with the practical need to further reduce the cost of renewable energy dominated by photovoltaic and wind power, especially offshore wind power, and solve the phenomenon of abandoning wind and light, when the electricity price is less than 0.3 yuan, the cost of hydrogen production from electrolytic water is equivalent to that of other process routes. It is estimated that the scale of China’s green hydrogen market will increase nearly 30 times by 2030.
According to the development report of China’s hydrogen energy industry (2020), the hydrogen cost of the built electrolytic water demonstration project is 36.4 yuan / kg. Under the condition of increasing the proportion of electrolytic water hydrogen production, the average hydrogen production cost in 2025 / 2030 / 2050 will not be higher than 20 yuan / kg / 15 yuan / kg / 10 yuan / kg. Huatai Securities Co.Ltd(601688) it is estimated that the cost of hydrogen production from electrolytic water is expected to decrease to 24.5 yuan / kg in 2030. The driving forces for the decrease are as follows: 1) with the technological progress and scale, the cost of electrolytic cell equipment will decrease by 60% ~ 80%; 2) The power consumption and operation and maintenance cost of electrolytic hydrogen production system are reduced; 3) The cost of renewable energy power generation has been greatly reduced.
Huatai Securities Co.Ltd(601688) it is estimated that in 2030, China’s electrolytic water hydrogen production will be 3.72 million tons, the installed capacity of electrolytic cell system will be 65gw, and the market scale of electrolytic water hydrogen production system will be 109.2 billion yuan.
Beishang capital position concept stock market value exceeds 110 billion yuan
According to the statistics of securities times · databao, at present, there are 16 companies with business related to electrolytic water hydrogen production in the A-share market. As of December 13, the market value of A-Shares of these companies totaled 1.15 trillion yuan. Longi Green Energy Technology Co.Ltd(601012) , Sungrow Power Supply Co.Ltd(300274) , Ningxia Baofeng Energy Group Co.Ltd(600989) , Wuxi Lead Intelligent Equipment Co.Ltd(300450) with a market value of 100 billion are involved. Polysilicon leader Longi Green Energy Technology Co.Ltd(601012) disclosed on the interactive platform on November 22 that the company’s electrolytic water hydrogen production business is still in the cultivation state. On October 16, 2021, the company’s first alkaline water electrolytic cell was successfully offline, and no revenue had been generated by the end of October 2021.
Sungrow Power Supply Co.Ltd(300274) said on the interactive platform on December 9 that sunshine hydrogen has built China’s first demonstration platform for photovoltaic off grid hydrogen production and hydrogen energy storage power generation, China’s largest 5MW electrolytic water hydrogen production system test platform, and PEM electrolytic hydrogen production technology joint laboratory.
Ningxia Baofeng Energy Group Co.Ltd(600989) said on the interactive platform on December 9 that the purity of hydrogen produced by the company’s electrolytic water hydrogen production can reach 99.999%, and there is no need to purify it. The company’s 30 electrolytic water hydrogen production units with a total capacity of 240 million standard cubic meters (i.e. 214 thousand tons) of hydrogen have been put into operation in April this year, and the remaining 20 are currently in the process of installation and commissioning. It is expected that the installation will be completed by the end of this year and commissioning will be carried out at the beginning of next year.
According to the statistics of databao, as of December 13, the above electrolytic water hydrogen production concept stocks had a total capital position of 111.1 billion yuan, accounting for nearly 10% of the market value of concept stocks A shares. Three shares including Longi Green Energy Technology Co.Ltd(601012) , Wuxi Lead Intelligent Equipment Co.Ltd(300450) and Sungrow Power Supply Co.Ltd(300274) were held by northbound capital, with a market value of more than 20 billion yuan. Since December, according to the rough calculation of the average transaction price, Wuxi Lead Intelligent Equipment Co.Ltd(300450) , Longi Green Energy Technology Co.Ltd(601012) , Sungrow Power Supply Co.Ltd(300274) , Jilin Electric Power Co.Ltd(000875) have been increased by more than 100 million yuan.
From the market performance this year, the average increase of hydrogen production concept stocks by electrolytic water reached 69.39%, far exceeding the Shanghai index in the same period. The cumulative increase of Shanxi Meijin Energy Co.Ltd(000723) , Haima Automobile Co.Ltd(000572) , Sungrow Power Supply Co.Ltd(300274) and other three stocks doubled. Among these concept stocks, as of December 13, there were 7 with a rolling P / E ratio of less than 30 times, namely Youon Technology Co.Ltd(603776) , Ningxia Younglight Chemicals Co.Ltd(000635) , Ningxia Baofeng Energy Group Co.Ltd(600989) , Foran Energy Group Co.Ltd(002911) , Qingdao Hanhe Cable Co.Ltd(002498) , Jiangsu Linyang Energy Co.Ltd(601222) , Shanxi Meijin Energy Co.Ltd(000723) .
(data treasure)
