After several days of adjustment, the UHV sector with a market value of trillion broke out again today (January 12), closing up sharply by 4.5%, and the total market value increased by 38.5 billion yuan compared with the previous trading day. According to the estimation of 4.54 million shareholders, the per capita blood return exceeded 8400 yuan today.
In terms of individual stocks, the UHV plate is now trading at the limit tide, Jinguan Electric Co.Ltd(688517) , China National Complete Plant Import And Export Co.Ltd(000151) 2 shares are trading at 20cm; Many stocks such as Henan Pinggao Electric Co.Ltd(600312) , Dalian Insulator Group Co.Ltd(002606) , Guangzhou Baiyun Electric Equipment Co.Ltd(603861) , Hunan Hualian China Industry Co.Ltd(001216) rose.
this year, the investment scale may reach 500 billion
In terms of news, according to the securities times, the annual work conference of State Grid Co., Ltd. will be held in the near future. It is predicted that the investment scale this year may reach 500 billion yuan, and the UHV project and power grid digital construction will continue to be promoted as a key point. In 2021, the power grid infrastructure investment of the State Grid will be 402.48 billion yuan.
According to insiders, power grid planning experts preliminarily suggested that the number of UHV projects planned during the 14th Five Year Plan period is about 16, mainly DC lines, which are mainly responsible for transmitting new energy and helping to achieve the goal of “double carbon”. Power grid investment has always been an important way of steady growth. The contradiction between power supply and demand in China is prominent. With the rapid increase of power consumption in the eastern coastal areas and the increase of grid connection demand for new energy power generation in the west, UHV power grid continues to usher in incremental demand.
According to the China Energy News, the approval of UHV projects is accelerated this year, and all planned projects are expected to be approved. The scale of UHV construction in the next four years is unprecedented. According to informed sources, in 2022, the State Grid plans to start 13 UHV lines of “10 AC and 3 DC”.
China Securities Co.Ltd(601066) analyst Zhu Yue predicted that during the “14th five year plan” period, the UHVDC project will accelerate, and the DC business revenue of converter valve, thyristor for high voltage DC valve and other related enterprises will exceed the peak in 2017.
foreign capital borrowing adjustment and fund-raising favorite Nari Technology Co.Ltd(600406)
In fact, during the adjustment period from December 20 last year to January 11 this year, northbound funds scrambled to raise some UHV concept stocks.
According to the data of China stock market news choice, according to the estimation of the number of additional shares and transactions during the period, northbound capital loves Nari Technology Co.Ltd(600406) , with an increase amount of nearly 1.5 billion yuan, Jiangsu Zhongtian Technology Co.Ltd(600522) ranks second, with an increase amount of more than 400 million yuan, and the increase amount of multiple shares such as Sieyuan Electric Co.Ltd(002028) , Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) , Ja Solar Technology Co.Ltd(002459) exceeds 100 million yuan.
leveraged funds “bottom” these tickets
According to the data of China stock market news choice, from December 20 last year to January 11 this year, the two financing funds that are more sensitive to the market also copied the bottom of some UHV concept stocks.
In terms of individual stocks, the largest net purchase of leveraged capital financing is China Aerospace Times Electronics Co.Ltd(600879) , with a net purchase amount of more than 97 million yuan. The second is Changshu Fengfan Power Equipment Co.Ltd(601700) , with a net purchase amount of more than 93 million yuan.
In addition, the net purchase amount of Henan Pinggao Electric Co.Ltd(600312) , China Xd Electric Co.Ltd(601179) financing exceeds 50 million yuan; The net purchase amount of multi share financing such as Wuhan Zhongyuan Huadian Science And Technology Co.Ltd(300018) , Aerosun Corporation(600501) , Baoding Tianwei Baobian Electric Co.Ltd(600550) exceeds 20 million yuan.
it is expected that the annual net profit of 7 shares will double
According to the data of China stock market news choice, according to the unanimous expectation of institutions, 19 stocks are expected to record a year-on-year increase of more than 40% in net profit in 2021, including 7 stocks such as Shenzhen Sdg Information Co.Ltd(000070) , and the annual net profit is expected to double.
What do institutions think?
As for whether the UHV plate can start another wave, institutions think so.
Guosheng Securities believes that with the continuous improvement of the policy environment of the power engineering industry chain and the continuous accumulation of financial resources, the relevant leaders are expected to accelerate the growth. In addition to UHV construction, other suggestions focus on: 1) power supply side: the development of scenery and green power in the 14th five year plan is accelerated, the new energy engineering business is expected to usher in sustained high growth, and the large energy base is expected to strengthen the leading position. 2) Distribution network side: with the increase of new energy consumption demand and the acceleration of distributed energy construction, distribution network is expected to become one of the key investment points of power grid in the future (distribution network accounts for about 50% in the “14th five year plan” investment plan of China Southern Power Grid). 3) Energy storage: according to the relevant planning of the 14th five year plan, compared with the 13th five year plan, the cumulative installed capacity of pumped storage is doubled, and the installed capacity of new energy storage is 10 times. The energy storage industry is expected to usher in rapid development in the 14th five year plan.
From the perspective of investment suggestions, the institution further analyzed and continued to recommend the core targets for the construction of new energy power system, focused on and recommended the leaders Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) and China Energy Engineering Corporation Limited(601868) of UHV and green power construction and operation of central enterprises, continued to develop the growth leader Suwen Electric Energy Technology Co.Ltd(300982) of distribution network EPCO for photovoltaic, energy storage and power intelligent operation and maintenance, and the leader of enterprise energy efficiency management system Acrel Co.Ltd(300286) .
Zhongtai Securities Co.Ltd(600918) said that with the in-depth promotion of the new round of power system reform, the power market trading mechanism has been gradually improved, and the proportion of market-oriented trading electricity has continued to increase, which will gradually restore the commodity attribute of power, and realize the “rise and fall” of electricity price, which will help to promote the more stable benefits of power enterprises. As it is difficult to significantly reduce the fuel cost of coal power in the short term, it is expected that the market-oriented transaction price of some power consuming provinces in 2022 will still rise compared with the benchmark price, which will help to alleviate the pressure on coal power enterprises caused by the rise of fuel cost. In addition, the green power pilot transaction was launched. From the supply and demand of the green power market, the “environmental value” premium of green power may persist for a certain period of time, thickening the income of new energy operators.
