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Elevator accessories: Kone Elevator (Finland), Toshiba Elevator (Japan) Papermaking machinery: Metso Wuxi, Metso Shanghai, Metso Xi'an, Metso Waigaoqiao Free Trade Zone, Voith Paper (Germany) Petrochemical equipment: Sinopec, PetroChina, CNOOC, China Chengda Engineering, China Donghua Engineering.
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2018
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Petrochemical machinery increased in volume
Yesterday, petrochemical machinery rose 4.29% against the market, closing at 9 yuan, the turnover rate was 5.07%, the stock recently showed a heavy upward trend.
06
07
Petrochemical machinery: Benefit from increased investment in the entire industry chain of natural gas development
Covered for the first time and given an overweight rating. Combining the judgment that oil prices will enter the mid-to-high range of US$70-80/barrel in the next 2-3 years and that investment in natural gas infrastructure will increase every year, we estimate that the company's net profit attributable to shareholders from 2018 to 2020 will be 1.21/2.10/275 million yuan respectively, and EPS will be respectively It is 0.20/0.35/0.46 yuan. Give the industry average PB in 2019 3.3 times, corresponding to a target price of 11.52 yuan.
Technical requirements for grid connection of new energy power generation such as wind and solar energy
New energy power generation such as wind energy and solar energy has the characteristics of intermittent and fluctuation. After being connected to the power grid, coordination and cooperation are required to ensure safe and stable operation.
Machinery and equipment industry: engineering machinery boom continues, new equipment manufacturing accelerates breakthrough
Industry performance: This week, the machinery sector rose 3.98%, the market rose 1.57%, and the 29 sectors ranked the ninth. General view: On Monday, the State Council executive meeting put forward a new policy of more active fiscal policy and moderate monetary policy. The policy environment faced by the A-share market has improved substantially. Under the expectation of better infrastructure investment, the overall performance of the mechanical sector is strong, including engineering. The mechanical sector has seen considerable gains. We believe that domestic infrastructure investment is expected to continue the current boom in construction machinery sector in a more relaxed policy environment. In the medium and long term, the financial statement repair, market competition pattern optimization and overseas market expansion of enterprises in the industry will be the lasting driving force for the healthy development of the construction machinery industry. In addition, 3C semiconductors, intelligent manufacturing, new energy, etc. in the mechanical sector represent a new direction in the equipment manufacturing industry, and the company is gaining momentum in terms of products, orders and profitability, and continues to promote the domestic equipment manufacturing sector. Comprehensive upgrades will gradually reduce the dependence of the equipment manufacturing industry on infrastructure and real estate.