Index
On April 25, 2022, the Shanghai Composite Index closed at 288643 points, down 1.44%; Shenzhen composite index closed at 1020664 points, down 1.66%; Photovoltaic index closed at 307713 points, down 3.39%; The wind power index closed at 196556 points, down 3.61%. Among them, the top three companies in the photovoltaic industry are: Ningbo Boway Alloy Material Co.Ltd(601137) ( Ningbo Boway Alloy Material Co.Ltd(601137) , 5.63%), Wuxi Shangji Automation Co.Ltd(603185) ( Wuxi Shangji Automation Co.Ltd(603185) , 4.89%), Jolywood (Suzhou) Sunwatt Co.Ltd(300393) ( Jolywood (Suzhou) Sunwatt Co.Ltd(300393) , 4.39%). The top three companies in the wind power industry are: Fujian Funeng Co.Ltd(600483) ( Fujian Funeng Co.Ltd(600483) , 0.92%), Shanghai Taisheng Wind Power Equipment Co.Ltd(300129) ( Shanghai Taisheng Wind Power Equipment Co.Ltd(300129) , - 1.81%), China Three Gorges Renewables (Group) Co.Ltd(600905) ( China Three Gorges Renewables (Group) Co.Ltd(600905) , - 3.24%).
Comments
On April 26, Gd Power Development Co.Ltd(600795) released its annual report for 2021. As of the end of 2021, Gd Power Development Co.Ltd(600795) holding installed capacity was 998885 million KW. In 2021, the holding installed capacity increased by 18.204 million KW, a decrease of 6.395 million KW, of which wind power increased by 739500 kW Cecep Solar Energy Co.Ltd(000591) PV increased by 153900 kW, mainly new energy units put into operation in Anhui, Shandong, Jiangxi and other places. By the end of 2021, the equity installed capacity of the company was 497667 million KW, of which thermal power was 328762 million KW, accounting for 66.06%; 10.418 million kilowatts of hydropower, accounting for 20.93%; 6.1813 million kilowatts of wind power, accounting for 12.42% Cecep Solar Energy Co.Ltd(000591) photovoltaic 291200 kW, accounting for 0.59%; The total installed capacity of wind power, photovoltaic, hydropower and other non fossil energy rights and interests is 168905 million KW, accounting for 33.94%, more than one third. From the perspective of the change of installed capacity of large power enterprises, the proportion of installed capacity of green energy such as wind power, photovoltaic and hydropower has increased steadily, the overall development momentum of the industry is stable, and the industry fundamentals have not changed significantly. At present, the market valuation has fallen into a reasonable range. It is recommended to continue to pay attention to the resumption of work and production of relevant board listed enterprises after the epidemic situation is gradually controlled, and choose the opportunity to enter the site.
Industry dynamics
On April 25, the notice of Yuhuan development and Reform Bureau on printing and distributing the clean energy development plan of Yuhuan City pointed out that taking the pilot work of large-scale development of distributed photovoltaic as the starting point, accelerate the installation of Cecep Solar Energy Co.Ltd(000591) photovoltaic modules in fishing boats, roofs, parking sheds, agricultural greenhouses, fish ponds, water surfaces, beaches and other scenes, accelerate the pilot demonstration of distributed photovoltaic power stations and agricultural photovoltaic complementary power generation. Promote the integration of photovoltaic buildings and the development and application of photovoltaic transportation, and actively explore the application modes of photovoltaic + air conditioning, photovoltaic + heating, photovoltaic + parking lot and other forms. (Polaris power grid)
Company dynamics
Shenzhen Kstar Science & Technology Co.Ltd(002518) ( Ginlong Technologies Co.Ltd(300763) ): the company released the first quarter report of 2022. During the reporting period, the company achieved an operating revenue of 561 million yuan, a year-on-year increase of 18.49%, a net profit attributable to shareholders of listed companies of 54 million yuan, a year-on-year decrease of 36.73%, a net profit attributable to shareholders of listed companies deducting non recurring profits and losses of 44 million yuan, a year-on-year decrease of 42.35%, and EPS of 0.09 yuan / share. （ wind）
Risk warning: the epidemic situation fluctuates beyond expectations and the risk of policy change
