Since September, the index of relevant sectors of the new energy industry has performed well.Among them, the photovoltaic roof index rose by more than 21%, the power battery index rose by nearly 16%, the wind power index rose by nearly 14%, and the new energy index, the photovoltaic index, the charging pile index and other related concepts index all rose by more than 10%.
Related sectors of the new energy industry, led by the industry chain of new energy vehicles, photovoltaic industry chain and wind power, have recently received many policy benefits and their stock prices have also performed well.Different from the previous pure concept hype, these three concepts have entered the performance cash period, and the future growth space is still very considerable.
Accordingly, the securities Times · Data Treasure newly released “A share new energy leading 50” list, from the listed companies’ future growth, the latest large amount of capital in the North and other subdivision perspective, sort out the list of new energy industry leading stocks, for readers.
New energy refers to the energy that has just been developed or is under active research and needs to be promoted, such as solar energy, geothermal energy, wind energy, ocean energy, biomass energy and nuclear fusion energy.In terms of the stock market, related sectors of the new energy industry, led by the industrial chain of new energy vehicles, photovoltaic industry chain and wind power, undoubtedly have better performance and cash capacity and growth space compared with geothermal energy, oceanic energy, nuclear energy and other types of new energy.
Dataobao focuses on three new energy industries, namely the industrial chain of new energy vehicles, photovoltaic industry chain and wind power, and screens the top 50 stocks of new energy leading companies.Considering that the new energy industry is featured by high technology and high investment, the selected stocks must meet the condition that r&d investment accounts for more than 1% (the median of r&d investment accounts for more than 0.6% in the whole market).At the same time, Dataobao also integrated the listed companies’ industry status, market value, the proportion of new energy output, and other factors. At the same time, it eliminated the stocks with an asset-liability ratio of more than 80%, and then carried out comprehensive screening to get the top 50 list of leading new energy stocks, as shown in the table below.
From the perspective of industrial chain classification, the list of top 50 leading new energy companies mainly focuses on the industrial chain of new energy vehicles and photovoltaic industry, with 29 and 17 stocks respectively, the former contributing more than 1.7 trillion yuan in market value and the latter nearly trillion yuan.The wind power industry chain includes Jinfeng Technology, Mingyang Intelligence, Riyue Shares and Tianshun Wind energy, with a total market value of more than 100 billion yuan.
Nextev’s share price rose 26 times in more than a year, causing widespread concern in the market.Byd, the no. 1 new energy car concept on the A-share market, is up more than 168 percent this year, with A total market value of more than 330 billion yuan, ranking second among the top 50.In the industry chain of new energy vehicles, lithium battery is the leading company in Ningde Era, with an increase of over 114% this year, and the total market value of 531.3 billion yuan ranks the first among the top 50.The third and fourth place went to longji And Tongwei, two leading companies in the pv industry chain, with an increase of over 209% and 121%, respectively, with a market value of over 287.8 billion yuan and 123.1 billion yuan respectively.In comparison, the market value of wind power industry is relatively small, the largest is Jinfeng Technology, less than 50 billion yuan, the year against the market fell by more than 1%.
Overall, the list is up nearly 91% on average this year.Jinlang technology rose more than four times the first, CNC, Ja Tech, Flash and other 13 shares doubled.Only four stocks bucked the trend, led by A drop of more than 21% for Hariri Co., followed by a nearly 9% drop for Hurray Co.Cobalt stocks have been heavily influenced by rumors of cobalt-free lithium batteries this year.Wind power stocks fared relatively poorly, with daily and monthly shares up more than 85 per cent, while Mingyang Smart rose nearly 59 per cent, both below the list’s average.
The new energy sector is booming and has done well enough recently, which may not be possible without money heading north.Data shows that, according to the average price of transactions in September rough calculation, leading 50 top since September to obtain capital increase of nearly 11.8 billion yuan.Among them, Beijing Capital has increased its stake in Ningde Times by 23.21 million shares since September, with the average transaction price of 204.16 yuan since September accounting for more than 4.7 billion yuan, ranking first.In addition, Beijing Capital increased its holdings of BYD by more than 2.3 billion yuan, followed by holdings of pioneer Intelligence, Longji Shares, Zhengtai Electrical appliances and other stocks by more than 400 million yuan.
In terms of the proportion of its holdings, Flatt took the top spot, with northchina capital increasing 2.45 percentage points to 4.02% from 1.57% of its outstanding shares at the end of August.In addition, northchina capital’s latest holdings tianshun wind energy, pioneer intelligence, Yazhua Group, Mingyang intelligence and other stocks accounted for more than 1 percentage point of increase in the end of August.
New energy is one of the major capital positions in the North, with a total position of nearly 100 billion yuan in the top 50.In terms of individual stocks, Ningde Times holds the first position with a market value of 28.205 billion yuan.In addition, longji Stock, BYD, Enjie stock and other stocks held by the capital market value of more than 6 billion yuan, Zhengtai Electric, Pioneer Intelligence, Tongwei stock and other stocks held the market value of more than 1 billion yuan.
Guoyuan securities that carbon emission reduction has become a global consensus, the industry’s medium – and long-term growth.First, China’s 14th five-year plan for renewable energy has raised the proportion of non-fossil energy to 20% by 2030.Aim to peak co2 emissions by 2030 and strive to be carbon neutral by 2060;Second, the European Parliament voted 352 to 326 with 18 abstentions on October 6th to raise the EU’s 2030 climate target to 60% of greenhouse gas emissions by 2030 (compared with the current 40% cut in 1990).Third, U.S. presidential candidate Joe Biden is calling for $2 trillion in clean energy spending over four years.
Tangible good is also advancing.On October 9, an executive meeting of the State Council approved the Development Plan for the New energy automobile industry, which aims to foster and strengthen new growth points for green development.On October 14, the Beijing Declaration on Wind Energy was released at the 2020 Beijing International Conference on Wind Energy, proposing to add more than 50GW of installed wind power annually during the “14th five-year Plan”.
Tangible results are also expected.According to consensus forecasts, 30 of the top 50 stocks forecast year-on-year net profit growth of more than 20 per cent this year, next year and 2022.
The stocks on the list continue to grow in a large area, highlighting the high growth of the industry, and at the same time, to a certain extent, it also confirms the scientific screening criteria.Among the above 30 high-growth stocks, hanrui Cobalt Industry, Guoxuan High-tech, Huayou Cobalt Industry, Yadhua Group, Dangsheng Technology and other stocks all exceeded 100% based on the three-year average net profit calculation.From the point of view of p/E ratio, among the 30 stocks mentioned above, trina Solar, Zhonglai Stock, Longji Stock and other stocks are less than 40 times p/E ratio.
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