[专用设备制造业] [2021-06-25]
展望未来五年,行业需求饱满且持续、产能落地有序,在经过一个多季度的充分调整后,展望2021 年中后半程,军工板块投资大有可为。若风险偏好有所提升,行业景气度将支撑整个板块获得更大 弹性。即使不考虑市场整体风险偏好的变化,展望2022年,一批优质标的三年维度PEG在0. 7倍左 右及以下,估值与成长性匹配度已非常突出,半年维度来看,具备极强的绝对收益空间。
[专用设备制造业,计算机、通信和其他电子设备制造业,通用设备制造业,信息传输、软件和信息技术服务业] [2021-06-24]
通用设备:需求复苏和成本上升共振,关注成长赛道的龙头公司。通用设备行业应重点关注成长 赛道内具备核心竞争力的龙头,受益于行业增长和国产替代,其业绩有望穿越经济周期和原材料涨价周期。专用设备:技术迭代和国产替代共振,关注率先布局的优质企业。针对专用设备行业而言,扩产最积极的行业, 相关设备企业最受益。
[专用设备制造业] [2021-06-24]
水表行业正经历从传统机械水表到智能机械水表、再到智能电子水表的升级路径。2019年智能水表渗透率为449%,而智能超声水表渗透率仅1.4%。我们看好未来5年智能超声水表的快速放量和渗透率提升,行业销量CAGR有望达到30%-50%
[专用设备制造业,电气机械和器材制造业] [2021-06-21]
Steam boiler is a type of closed vessel designed and constructed with steel to generate steam by heating water with the help of combustion of various fuels, including oil, coal, gas, and others. It offers various advantages, including low construction cost, less floor area, portable, easy installation, and others. Steam boilers are used in various applications, including generation of power, process industries, heating application in residential & commercial buildings, and others. Rise in demand for electricity across the globe is expected to increase the demand for steam boilers from the power generation industry, which is anticipated to drive the growth of the market during the forecast period. In addition, rise in oil & gas offshore and onshore exploration activities is further expected to increase the demand for steam boilers in the future. However, high initial cost associated with steam boiler is the key factor expected to hinder the growth of the market during the analyzed timeframe. On the contrary, rapid growth of end-use industries, such as chemical, food processing, pulp & paper, pharmaceutical, and others, by developing and expanding their production bases or expansion of manufacturing facilities is expected to create opportunity for key players in the market in the coming years.
[医药制造业,公共管理、社会保障和社会组织,专用设备制造业] [2021-06-21]
[专用设备制造业] [2021-06-20]
环卫新能源十年五十倍优质赛道,重点推荐:盈峰环境:龙头出击新能源再度领跑,龙头地位复制环服订单市场第一;宏盛科技:制造+服务优势铸就环卫电动化蓝海中的宇通;龙马环卫:新能源市占率持续提升,服务占比超装备毛利率现拐点。
[专用设备制造业] [2021-06-17]
(1)降低军工行业进入门槛,利好民营企业等之前体系外公司进入国 防军工行业;(2)主机厂盈利能力有望获得提升:有助于加强国防军工行业市场 化,有利全产业链效率提升,有助于主机厂利用市场化力量降低采购成本。
[专用设备制造业] [2021-06-17]
美拟扩大对中企投资禁令范围,实际影响有限。洛马计划 2022 年生产 169 架 F-35。航空产业链多家上市公司预计关联交易额调增,预示行业景气度持续 上行。十四五期间是实现 2027 年“建军百年奋斗目 标”的关键时期,军工行业进入景气度加速上行期,行业产能正在扩 张,众多优质细分领域的基本面将持续向好;股权激励等行业改革利 好也有望逐渐显现。
[电气机械和器材制造业,专用设备制造业] [2021-06-16]
行业龙头宁德时代市场地位稳固,4月全球市场份额提升至35.2%,国内其他企业,比亚迪、中航、国轩等4月市场份额均有所提升。日韩企业中,LG新 能源依然处于第一梯队,松下市场份额有所下滑。目前宁德时代月装机量已经超过了去年四季度水平。
[专用设备制造业] [2021-06-15]
美国总统拜登以“应对中国军工企业威胁”为由签署行政命令,将包括华为公司、中芯国际、中国航天科技集团有限公司等59 家中企列入投资“黑名单”,禁止美国资本与名单所列公司进行投资交易。因美国已多次对其中多数企业进行打压和封锁,我们认为此次投资禁止对其正常生产经营的影响较为有限。