The effect of infrastructure sector continued to spread, and the water conservancy sector performed well yesterday. Stocks such as Zhengping Road & Bridge Construction Co.Ltd(603843) , Xinjiang Guotong Pipeline Co.Ltd(002205) , Guangdong No.2 Hydropower Engineering Company Ltd(002060) , Zhejiang Reclaim Construction Group Co.Ltd(002586) and Shandong Longquan Pipeline Engineering Co.Ltd(002671) , Zhejiang Taifu Pump Co.Ltd(300992) followed suit.
water conservancy project
can complete an investment of about 800 billion
In terms of news, the executive meeting of the State Council held on March 29 proposed that it was decided to start a number of new water conservancy projects with mature conditions to improve the ability of water resources protection and disaster prevention and reduction, including major water diversion and transfer projects such as the follow-up project of the South-to-North Water Transfer, backbone flood control and disaster reduction, risk removal and reinforcement of dangerous reservoirs, construction and reconstruction of irrigation areas, etc.
These projects, together with other water conservancy projects, can complete an investment of about 800 billion yuan in the whole year. Recent important meetings have been held one after another. The expectation of stable economic growth on the policy side is clear, which has stabilized the risk appetite of the capital market, and the bottom support force formed on the policy side is relatively sufficient. The meeting echoed the requirements of the national standing committee meeting on January 10 this year. Major water conservancy, affordable housing, food and energy security, advanced manufacturing, transportation and communication and other infrastructure are expected to become the main line of steady growth throughout the year.
Guotai Junan Securities Co.Ltd(601211) pointed out that in 2022, the economic work will focus on steady growth. As one of the important infrastructure construction fields, water conservancy has the characteristics of strong social benefits, large investment absorption and long industrial chain. The development of water conservancy is expected to fully boost demand, create employment and make an important contribution to achieving the goal of steady growth. In combination with the work deployment of the central government and the Ministry of water resources, water conservancy will focus on the construction of major projects such as national water network and watershed flood control and the improvement of smart water conservancy in 2022. In terms of medium and long-term planning, during the 14th Five Year Plan period, water conservancy construction will achieve high-quality development from the four investment directions of flood control, water supply, intelligent water conservancy and ecological restoration. Its investment growth rate is expected to enter a new round of growth period driven by the accelerated implementation of 150 major water conservancy projects.
water conservancy sector stocks
3 month average increase of 5.93%
According to the statistics of the securities times and data treasure, 29 shares in the water conservancy sector rose by an average of 5.93% in March, and the increases of Guangdong No.2 Hydropower Engineering Company Ltd(002060) , Zhejiang Reclaim Construction Group Co.Ltd(002586) , Xinjiang Guotong Pipeline Co.Ltd(002205) , Beijing Hanjian Heshan Pipeline Co.Ltd(603616) , Ningxia Qinglong Pipes Industry Group Co.Ltd(002457) in March exceeded 20%.
Guangdong No.2 Hydropower Engineering Company Ltd(002060) ‘s rise took the lead, with a cumulative rise of 79.26% in the month. The company raised the limit yesterday and also reaped five consecutive limits last week. Yesterday, 318 million yuan of main funds flowed into the stock. The annual report shows that Guangdong No.2 Hydropower Engineering Company Ltd(002060) 2021 achieved a revenue of 14.361 billion yuan, a year-on-year increase of 14.13%; The net profit was 328 million yuan, a year-on-year increase of 24.45%; Water conservancy and hydropower business achieved a revenue of 8.496 billion yuan, a year-on-year increase of 29.85%.
Beishang capital is optimistic about the water conservancy sector recently. The net purchase amount of Beishang capital since Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) , China Energy Engineering Corporation Limited(601868) 3 months ranks first, with 305 million yuan and 211 million yuan respectively.
At present, 18 shares have announced the performance or performance forecast for 2021. According to the median data of the annual report or forecast, China Energy Engineering Corporation Limited(601868) has the largest net profit in 2021, with a main revenue of 322319 billion yuan in 2021, an increase of 19.23% year-on-year; The net profit was 6.504 billion yuan, a year-on-year increase of 39.26%.
The net profit of Tianshan Aluminum Group Co.Ltd(002532) , Zhefu Holding Group Co.Ltd(002266) , Xinjiang Tianye Co.Ltd(600075) , Anhui Construction Engineering Group Corporation Limited(600502) in 2021 exceeded 1 billion yuan, of which the net profit of local leader Anhui Construction Engineering Group Corporation Limited(600502) in 2021 reached a record high, with an operating revenue of 71.34 billion yuan and a net profit attributable to the parent company of 1.096 billion yuan, an increase of 25.22% and 34.32% respectively year-on-year.
The 2021 performance of China Camc Engineering Co.Ltd(002051) , Zhejiang Reclaim Construction Group Co.Ltd(002586) , Shandong Longquan Pipeline Engineering Co.Ltd(002671) , Tianshan Aluminum Group Co.Ltd(002532) doubled year-on-year.
