The president thinks that the upstream technology threshold is not high, the overall profit is low, and the midstream concentration is high. Mid-stream charging pile operation is the core of the charging pile industry chain of new energy vehicles, and the long-term performance elasticity will be more obvious.
Market value: 27.95 billion
202 1 The net profit in the first quarter increased 12 1. 15%.
Qingdao TELD New Energy Co., Ltd., a wholly-owned subsidiary, is mainly engaged in the construction and sales of intelligent charging stations at the charging system level of automobile groups, as well as the operation services of automobile charging. At present, the number of charging piles operated by TELD has exceeded 260,000, covering more than 334 cities, making it the largest charging pile operating terminal in China. In 20 19, the number of TELD charging piles has ranked first in the charging pile market of new energy vehicles in China.
The business performance has grown steadily and continues to maintain its leading position. By the end of the 20th century, the company's new energy vehicles, charging business and other operating income was 2.002 billion, accounting for 26.98% of the revenue, with a gross profit margin of 65,438+07.89%. By the end of 2020, China Telecom had established 127 subsidiaries nationwide, with 343 projects in cities and 207,000 public charging piles in operation, with a cumulative charge of 6.5 billion kWh and more than 3.8 million registered users. The company continues to maintain the leading position of the first market share and the first charging capacity. In 2020, the charging capacity will exceed 2.7 billion kWh, a year-on-year increase of 30%, and the compound growth rate in the past four years will reach 1.26%.
Focus on research and development of high-tech products and build a big data platform. The company has the leading advantages of independent research and development of modular charging and intelligent charging in China, and conducts technical research around several major directions such as group charging products, high-power charging products and automatic charging products. At present, Telecom has obtained more than 60 patents of/kloc-0, and innovated the "intelligent toll collection system of automobile group" and the box transformer technology independently developed. In addition, through six business models, equipment control and information transmission, business operation and management monitoring are realized, and the world's leading big data platform of "charging network, vehicle networking and Internet" is built.
The president believes that the long-term profit prospect of the charging pile industry lies more in the charging operation business. As the world's largest charging operator, the company will fully benefit. At the same time, the company's charging operation sector has also crossed the break-even point. It is estimated that the net profit of returning home from 2002/KLOC-0 to 2022 will reach 43.4/655 billion yuan.
Market value: 654.38+03.87 billion.
202 1 net profit in the first quarter increased by 3 1.44%.
Highlights of the company: the biggest winner of the State Grid charging pile bidding; Participated in the construction of charging piles in xiong'an new area; Charging column products account for 9% of revenue.
The market share is relatively large, and the layout of charging and replacing business is accelerated. The charging station layout is relatively strong or its enterprise, so Xuji Electric has a relatively large market share, of which Xuji Electric accounts for 60%. By the end of the 20th century, the operating income of the company's electric vehicle intelligent charging and replacing system business was 65.438+0.032 billion, accounting for 9.22% of the revenue. At present, the ecological circle of internet plus charging facilities built by Xu Ji Electric has reached the scale of 50,000 charging piles, and its products cover 32 provinces, municipalities and autonomous regions. Of the eight public DC charging piles in China, 1 comes from Xuji Electric, and more than 100 charging service operators in China have chosen the company's charging equipment custody service.
Xuji Electric is the first company to enter the field of power exchange. 20 1 1 year, the construction of bus charging and power exchange system in Xuejiadao was successfully completed, and the world's largest bus exchange station was built, which has been in operation for nearly 10 year.
The market value is 2.53 billion
In 20021first quarter, net profit increased by 190.59% year-on-year, and business income accounted for 47%.
Charging pile business accounts for a relatively large proportion of revenue, and bidding and purchasing companies are expected to benefit. The 20-year operating income of the company's electric vehicle charging power supply business is 654.38+0.26 billion, accounting for 47.33% of the revenue. Since 20 1 1, the company has been developing automotive DC charging modules. At present, there are more than 40 models of products in 3.5kw, 7.5kw, 10kw, 15kw and 20kw series. At present, the typical projects involved are Beijing APEC Conference Center charging station and Capital International Airport charging station.
At present, the State Grid has set up a charging alliance to standardize charging piles, purchase hardware equipment in the form of bidding, and gradually standardize the development of the hardware industry. In addition, the industry has entered the reshuffle stage. From the perspective of the proportion of main business, Yingkerui's charging pile business accounted for the largest proportion. The president believes that under the short-term acceleration of new infrastructure, it is beneficial to charging pile hardware manufacturers, and it is expected to bring greater growth to Inconel's revenue and net profit.
With the promotion of new energy vehicles and the continuous improvement of charging infrastructure, complementary advantages will be formed and coordinated development will be realized. The solution of charging pain points will promote the efficiency of charging piles and stimulate the scale of investment. The president predicts that charging piles are expected to enter the construction year, and equipment manufacturers and operators will usher in better development opportunities.
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