电力设备行业 2022年 1-8月份下跌 13.2%，跑赢沪深 300指数4.3 个百分点，在申万行业中排名17 位。当前行业市盈率为40.4 倍，位于过往10 年历史48.6%分位。光伏设备和风电设备板块当前市盈率为45.6 倍及24.1倍，估值分位处于10 年历史的47.8%及27.4%。

国际局势不明及稳增长背景下，公用事业防御属性突出，2022 年中报已披露完毕，公用事业各板块两级分化突出。根据申万（2021）各板块营收和归母净利增速对比，申万（2021）公用事业指数下跌12.02%，在31 个行业板块中排名第21；2022年上半年营收同比增长17.56%，在31 个行业中排名第6；全年归母净利润同比下降17.71%，在31 个行业中排名第18。

This class includes: Manufacture of internal combustion piston engines, except motor vehicle, aircraft and cycle propulsion engines: Marine engines Railway engines Manufacture of pistons, piston rings, carburetors and such for all internal combustion engines, diesel engines etc. Manufacture of inlet and exhaust valves of internal combustion engines Manufacture of turbines and parts thereof: Steam turbines and other vapour turbines Hydraulic turbines, waterwheels and regulators thereof Wind turbines Gas turbines, except turbojets or turbo propellers for aircraft propulsion Manufacture of boiler-turbine sets Manufacture of turbine-generator sets

This class includes: Manufacture of discharge, incandescent, fluorescent, ultra-violet, infra-red etc. lamps, fixtures and bulbs Manufacture of ceiling lighting fixtures Manufacture of chandeliers Manufacture of table lamps (i.e. lighting fixture) Manufacture of Christmas tree lighting sets Manufacture of electric fireplace logs Manufacture of flashlights Manufacture of electric insect lamps Manufacture of lanterns (e.g. carbide, electric, gas, gasoline, kerosene) Manufacture of spotlights Manufacture of street lighting fixtures (except traffic signals) Manufacture of lighting equipment for transportation equipment (e.g. for motor vehicles, aircraft, boats) Manufacture of non-electrical lighting equipment

This data equals output data for the following ISIC Rev. 4 code: 2720 Manufacture of Batteries and Accumulators This class includes: Manufacture of primary cells and primary batteries Cells containing manganese dioxide, mercuric dioxide, silver oxide etc. Manufacture of electric accumulators, including parts thereof: Separators, containers, covers Manufacture of lead acid batteries Manufacture of NiCad batteries Manufacture of NiMH batteries Manufacture of lithium batteries Manufacture of dry cell batteries Manufacture of wet cell batteries This class excludes: Manufacture of paper or paperboard cards for use on jacquard machines, see ISIC Code - 1709 Manufacture of domestic washing and drying machines, see ISIC Code - 2750 Manufacture of calendering machines, see ISIC Code - 2819 Manufacture of machines used in bookbinding, see ISIC Code - 2829

9 月20 日，澳洲锂矿供应商Pilbara Minerals (PLS)发布公告称， 公司在电池材料交易所 (“BMX”) 完成了一笔锂精矿现货拍卖，广 泛的合格买家对参与和竞标都表现出了浓厚的兴趣，在 30 分钟 的拍卖窗口期间，总共收到了 22 次在线竞标出价。数量 5000 干 吨，5.5%（氧化锂品位），成交价6988 美元/公吨（SC5.5，黑德 兰港离岸价），按锂含量等比例计算，锂精矿（包括运费）相当 于约7708 美元/公吨（SC6.0，中国到岸价）。

9 月以来，俄罗斯先后宣布无限期停止“北溪1 号”供气，以及切断所有 能源供给的可能性，欧盟能源安全形势愈发严峻。然而，市场对欧盟天然 气供给缺口缺乏相对精确的测算，对欧盟能源安全前景预期存在较大分歧。 因此，我们对俄气全面断供情景下，今冬欧盟缺气水平进行了简单测算。