Institutional forecasts for high growth + financing clients increase positions in energy storage concept stocks released

On September 12, the National Development and Reform Commission and the National Energy Administration issued the "Special Action Plan for the Large-Scale Construction of New Energy Storage." Looking ahead, the development potential of new energy storage is enormous. According to statistics from Securities Times·Data Treasure, among the energy storage concept stocks in the A-share market, 27 stocks saw a year-on-year increase in net profit in the first half of this year, with Shanshan Co., Ltd., CORUN, Jinlang Technology, Camel Group, and Tianhong Lithium Battery leading in net profit growth. From the perspective of future growth potential, based on the consensus forecast from five or more institutions, 16 of the aforementioned 27 energy storage concept stocks with performance growth are expected to have a net profit growth rate exceeding 20% in the next two years. In terms of valuation levels, as of the close on September 12, among these 16 stocks, three have a rolling price-to-earnings ratio below 30 times, namely Camel Group, DeYe Co., Ltd., and BYD. In terms of capital, since September, 11 stocks have seen a net financing purchase exceeding 100 million yuan. Among them, LEAD INTELLIGENT had a net financing purchase of 3.439 billion yuan, ranking first. This is followed by Guoxuan High-Tech and Xinwangda. Compared to the latest closing price and the consensus target price from institutions, five stocks have an upside potential of over 10%, namely BYD, Jinpan Smart Technology, DeYe Co., Ltd., Keda, and Camel Group