The valuation of high-speed rail concept stocks is generally low, and the latest rolling P / E ratio of six stocks is less than 10 times.
R & D of 600 km / h high-speed maglev system
Recently, the State Railway Administration issued the “14th five year plan” for Railway Science and technology innovation. By 2025, the railway’s innovation ability and scientific and technological strength will be further improved, the technical equipment will be more advanced and applicable, the engineering construction technology will continue to be in the lead, the technical level of transportation services will be significantly enhanced, the intelligent railway technology will make a comprehensive breakthrough, the safety assurance technology will be significantly improved, and the green and low-carbon technology will be widely used, The innovation system is more perfect, and the overall technical level is leading in the world.
In terms of technology, promote the mature application of 30000 ton heavy haul trains and fast freight equipment with a speed of 160 km / h and above, and promote the research, application and industrialization of 25 ~ 40 ton axle load freight equipment, 120 km / h multimodal transport and high-speed freight equipment technology. Carry out research and development of technical reserves such as 600 km / h high-speed maglev system and low vacuum tube (tunnel) high-speed train.
strengthen the R & D and application of Intelligent Railway Technology
In the planning, intelligent railway, as an emerging field in recent years, is highlighted. As mentioned in the main objectives, the complete technical system of intelligent railway has been continuously improved, information technologies such as Beidou satellite navigation, fifth generation mobile communication technology (5g), artificial intelligence and big data have been more widely and systematically applied in railway, and the information sharing level of various transportation modes has been significantly enhanced.
The plan lists 10 key projects in the field of intelligent railway, including the implementation of Intelligent Railway 2.0 demonstration application project based on the construction of Chengdu Chongqing middle line high-speed railway, promoting the research on Railway 5g special network technology system and key core technologies, and completing the comprehensive application of Beidou railway industry. Among them, the Chengdu Chongqing middle line Intelligent Railway 2.0 demonstration project is the only specific intelligent railway project mentioned in this plan.
high speed railway construction continues to speed up
In recent years, China’s high-speed railway construction has continued to speed up. After the proposal of the construction of double city economic circle in Chengdu Chongqing area, the construction of high-speed railway in Chengdu Chongqing middle line has been started rapidly. The total investment of the project is 69.3 billion yuan and the total construction period is 5 years. There is a strong demand for investment in transportation infrastructure in Chengdu Chongqing area.
At present, the coverage rate of high-speed railway to cities with more than one million people exceeds 95%, and has become one of the preferred means of transportation for residents. Statistics from China National Railway Corporation show that by the end of 2020, the operating mileage of China’s high-speed railway will reach 37900 kilometers, accounting for 69% of the total mileage of the world’s high-speed railway.
list of undervalued high-speed rail concept stocks released
According to the statistics of securities times · databao, the valuation of high-speed rail concept stocks is generally low, the latest rolling P / E ratio of six stocks is less than 10 times, and the valuation of China Railway Construction Corporation Limited(601186) , China Railway Group Limited(601390) , Shanghai Tunnel Engineering Co.Ltd(600820) is low, which are 4.19 times, 5.15 times and 7.11 times respectively.
Yesterday, Shenzhou high-speed railway staged the “Earth Sky board”. Individual stocks fell by the limit in the morning and rose to the trading limit within half an hour in the afternoon. At the close, there were still 313300 hands to pay the bill and seal the trading limit. The company’s computer signal interlocking system accounts for about 30% of the national railway market.
Beijing-Shanghai High Speed Railway Co.Ltd(601816) said that the Beijing Shanghai high-speed railway invested, constructed and operated by the company is not only the main artery running through the road network in eastern China, but also the high-speed railway with the longest mileage and the highest technical standard in the world.
According to China Railway Group Limited(601390) , the company has 18 special grade railway engineering construction general contracting, accounting for more than 50% of the special grade railway engineering construction general contracting in China.
(data treasure)
