Core view of this week: the electronics industry index fell 2.21% this week. Among the 350 targets, excluding the suspension targets, 52 rose throughout the week, 21 rose more than 3 points per week, 12 rose more than 5 points per week, 293 fell throughout the week, 222 fell more than 3 points per week, 136 fell more than 5 points per week, and 29 fell more than 10 points per week.
This week, with the expected performance of several representative listed companies in 2021, the electronics sector is still significantly adjusted with the market, and the market panic is gradually released. Later, as the market sentiment stabilizes, the sub circuits with relatively reasonable valuations such as consumer electronics and PCB and strong catalyst in 2022 are expected to take the lead in building a bottom and ushering in a rebound, Maintain the “optimistic” rating of the industry.
Looking back on 2021, the lack of core and material is a difficult problem that the consumer electronics industry can’t get around throughout the year. In addition, unpredictable events such as shipping obstruction and power rationing inhibit it. Even driven by the wave of switching to 5g, the shipment performance of global smart phones is not satisfactory, which is the main factor that most of the underlying stock prices of consumer electronics are still falling. Looking forward to 2022, Apple’s 5gse new machine will be released in the first half of the year and Mr products will be available in the second half of the year. The Android camp is expected to usher in the first year of folding screen penetration. Under the trend of automobile intelligence and entertainment, consumer electronic parts will usher in a new incremental market. Under the superposition of multiple factors, there is no need to be overly pessimistic about the expectation of the smart phone industry chain in 2022. The disclosure of the recent annual report and notice is expected to become a signal of the bottom of the stock price, which is recommended to be paid attention to by investors.
When the interest rate cut boots landed, some investors worried that the prices of bulk metals such as copper would be repeated, which led to a new round of rise in the price of copper clad laminate. In fact, this concern is a bit over interpreted: first, the price reduction trend of raw materials such as resin and glass fiber cloth in the upstream of copper clad laminate has been relatively clear, and the possibility of sharp rise in copper price is very low. Second, after the trial in 2021, At present, the vast majority of domestic PCB enterprises have relatively mature response measures in the face of upstream price rise, so they are optimistic about the repair of the profitability of the overall PCB sector in 2022. Of course, the differentiation of downstream demand will cause great differences in the performance of various enterprises. Standing at the current node and looking at the demand of automobile PCB, it is suggested to pay attention to Sihui Fuji Electronics Technology Co.Ltd(300852) , Bomin Electronics Co.Ltd(603936) Olympic Circuit Technology Co.Ltd(603920) and other downstream vehicles account for a relatively high target.
Industry focus: on January 20, 5g development ushered in another milestone – the Ministry of industry and information technology announced that by the end of 2021, the number of 5g mobile terminal connections in China had reached 518 million. This is equivalent to self
Since the issuance of 5g license, 540000 mobile phones have been added to the network every day.
According to jiwei.com, on January 19, the official website of canalys, a market research institution, released a report that thanks to the strong demand for iphone13 series, Apple’s shipments accounted for 22% of global smartphone shipments in the fourth quarter of 2021, regaining the top position in the global smartphone market.
According to jiwei.com, according to the industry express released by icinsights, the IC market will grow by 11% this year after a strong growth of 26% in 2021 and a jump of 13% in 2020. If reached, this will mean that the IC industry has achieved double-digit growth for three consecutive years for the first time in 25 years.
Key stocks and logic recommended this week: the targets of our key stock pool include: Zhuhai Cosmx Battery Co.Ltd(688772) , Suzhou Chunqiu Electronic Technology Co.Ltd(603890) , Shenzhen Desay Battery Technology Co.Ltd(000049) , Wingtech Technology Co.Ltd(600745) , Ningbo Kangqiang Electronics Co.Ltd(002119) , Tdg Holding Co.Ltd(600330) , Sunwoda Electronic Co.Ltd(300207) , Shenzhen Fastprint Circuit Tech Co.Ltd(002436) , Dbg Technology Co.Ltd(300735) , Bomin Electronics Co.Ltd(603936) , Bozhon Precision Industry Technology Co.Ltd(688097) , Sihui Fuji Electronics Technology Co.Ltd(300852) .
Risk tips: (1) systemic risk caused by the unexpected decline of the market; (2) Focus on the uncertainty risk of promoting relevant matters of the company.
