As of the closing of this Friday (December 31), the environmental protection sector had a rise and fall of 2.56%, the Shanghai index had a rise and fall of 0.6%, the Shenzhen component index had a rise and fall of 1.00%, and the gem index had a rise and fall of 0.78%. The environmental protection sector outperformed the market as a whole. A total of four stocks hit the daily limit during the week.
As of the closing of this Friday (December 31), the environmental protection sector had a rise and fall of 2.56%, the Shanghai index had a rise and fall of 0.6%, the Shenzhen component index had a rise and fall of 1.00%, and the gem index had a rise and fall of 0.78%. The environmental protection sector outperformed the market as a whole. A total of four stocks hit the daily limit during the week.
In terms of individual stocks, the reporter of Huaxia times found that 103 stocks in the environmental protection sector rose, of which Tianyuan environmental protection (67.66%), Vontron Technology Co.Ltd(000920) (15.13%) and Qingdao Daneng Environmental Protection Equipment Co.Ltd(688501) (13.34%) rose the most, and 7 stocks rose more than 10%; A total of 21 stocks fell, with a small overall decline, of which Infore Environment Technology Group Co.Ltd(000967) (- 8.03%) Beijing Zeho Waterfront Ecological Environment Treatment Co.Ltd(605069) (- 7.15%) and St Meishan (- 6.86%) fell first.
the first day of IPO increased by 93.43%
On December 30, Tianyuan environmental protection successfully landed on the gem of Shenzhen Stock Exchange, with an issue price of 12.03 yuan / share. As of the closing of the day, it was reported at 23.27 yuan / share, up 93.43%, with an amplitude of 40.57%. The turnover was 1.483 billion yuan, the turnover rate was 71.79%, and the total market value was 9.541 billion yuan.
Tianyuan environmental protection is a comprehensive environmental treatment service provider specializing in the treatment of landfill leachate and difficult sewage and wastewater. It mainly provides customers with integrated solutions for process design, equipment processing, equipment integration, engineering construction and operation services of landfill leachate and difficult sewage and wastewater treatment. Its main businesses include R & D, manufacturing and integration of environmental protection equipment Environmental protection engineering construction and environmental protection project operation services, etc.
It is understood that the business performance of Tianyuan environmental protection has increased significantly in recent years. From 2018 to 2020, the operating revenue of Tianyuan shares increased from 264 million yuan to 550 million yuan, and the net profit attributable to shareholders of the parent company also increased from 36.8363 million yuan to 145 million yuan. From January to September 2021, the operating revenue of Tianyuan has reached 491 million yuan, a year-on-year increase of 31.01%; However, the net profit attributable to the shareholders of the parent company was 105 million yuan, a year-on-year decrease of 9.85%.
In fact, the gross profit margin of Tianyuan environmental protection is also increasing year by year. From 2018 to 2020, the comprehensive gross profit margin of Tianyuan shares was 32.87%, 41.99% and 44.33% respectively, and the profitability was significantly improved. In this regard, Tianyuan shares said that the increase in gross profit margin was mainly due to the continuous increase in the proportion of revenue from environmental protection operation services with relatively high gross profit margin, while the proportion of revenue from environmental protection project construction with relatively low gross profit margin continued to decline.
broad prospects for environmental protection market
With the increasingly clear path of carbon peak and carbon neutralization in China, the environmental protection industry has also ushered in new opportunities.
The reporter found that the share price of the environmental protection sector showed a steady upward trend in 2021, with an increase of 24.53% during the year. At the beginning of this year, the environmental protection sector increased rapidly after a slight decline. It has been in a state of slight fluctuation from March to July. The sector began to rise sharply in August. Until mid and late September, the sector began to fluctuate again after reaching the highest increase. During this period, the highest increase exceeded 30% compared with the beginning of the year.
84 stocks in the environmental protection sector showed an upward trend, accounting for 67.74%. Among the top gainers, new shares were mainly issued during the year. It is understood that there are 19 stocks listed in the environmental protection sector this year. Among them, Suzhou Shijing Environmental Technology Co.Ltd(301030) listed on July 22 this year increased by 430% during the year. There is also Guangdong Shunkong Development Co.Ltd(003039) which was listed in the same year, with an increase of 429.35% in the year. In fact, Guangdong Shunkong Development Co.Ltd(003039) has attracted much market attention since its issuance. Guangdong Shunkong Development Co.Ltd(003039) has been trading continuously in 21 transactions, and has continuously brushed the record of the longest closing trading limit of A-Shares in the new year; At the same time, it reached an increase of 869.80% from March 8 to April 6, which also caused numerous hot discussions.
In the environmental protection sector, 40 stocks showed a downward trend, of which Misho Ecology & Landscape Co.Ltd(300495) decreased significantly, reaching 61.95%; While Niutech Environment Technology Corporation(688309) (35.88%), Tus Environmental Science And Technology Development Co.Ltd(000826) (34.17%), Eit Environmental Development Group Co.Ltd(300815) (33.36%) and Keysino Separation Technology Inc(300899) (30.37%) all exceeded 30%.
Qi Haizhen, President of Beijing Teyi sunshine new energy, told the Huaxia times that under the dual carbon goal, the state will put forward higher requirements for energy-saving equipment and environmental protection technology while vigorously encouraging the adoption of advanced technology, reducing pollutant emission, energy consumption level and waste free emission reduction transformation. This long-term and broad environmental protection market stage is worth looking forward to.
Capital Securities believes that in 2021, the share price of the environmental protection sector showed a trend of first falling and then rising, and the performance of the sector significantly exceeded the Shanghai and Shenzhen 300 index. Among them, the information sector performed well, and the solid waste and water sector also rose strongly. In the context of the “double carbon” goal, the future will focus on four aspects: environmental protection operation, integration of environment and energy industry, progress of environmental protection technology and green assets.
According to the Research Report of capital securities, the risk factors existing in the environmental protection industry include: the implementation of carbon neutralization policy is less than expected; The national power generation subsidy is less than expected; The competition of hazardous waste recycling enterprises intensifies; The implementation of sewage recycling policy is less than expected; The underlying operating assets of REITs are less than expected; The payment capacity of local governments is lower than expected.
(Huaxia times)
