The whole science and technology sector is silent and depressed, and some weak sectors, such as IT equipment, software services and communication equipment, have gone downhill for nearly a year. Strong semiconductor and component plates can only be consolidated horizontally, with little increase. In addition to Silaway, these three semiconductor price increase concept stocks are also worthy of attention.
The leading stocks of semiconductor photoresist concept are:
Tongcheng new material 603650:
Semiconductor photoresist leading stock. On September 9th, Tongcheng New Materials closed down 2.88% to 33.67. The highest price on that day was 34.76 yuan, and the lowest was 33 12 yuan, with 72,200 lots sold, with a total market value of 20075438+0 billion yuan.
On September 9th, Tongcheng New Materials reported a net outflow of 1 1.4452 million yuan, a net outflow of 26 1.35 million yuan, a turnover rate of 1.22%, and a turnover of 244 million yuan.
Other semiconductor photoresist concept stocks include:
Feikai Material 300398: The company's semiconductor photoresist is currently in the customer verification stage, and the verification cycle of IC photoresist will be adjusted with the customer's process window, which takes a relatively long time.
Li Qiang New Material 300429: The company is the main material supplier of PCB photoresist in the world, occupying a dominant position in the market, mainly engaged in the production and sales of photoacid, photoacid intermediates and polymer monomers for semiconductor KrF photoresist. The company's photoresist chemicals are classified by application fields, mainly including PCB photoresist chemicals, LCD photoresist chemicals and semiconductor photoresist chemicals. The company's LCD photoresist photoinitiator series products have broken the monopoly of multinational companies such as BASF, filled the domestic gap, and obtained many invention patents authorized by China National Intellectual Property Administration, Korean Intellectual Property Office, Japanese Patent Office and European Patent Office.
Rong Da Photosensitive 300576: The company is committed to the research, development, production and sales of PCB photosensitive ink, photoresist and supporting chemicals, special inks and other electronic chemicals. As a national high-tech enterprise, it has the core formula of special ink, photoresist and other products. At present, the flat panel display photoresist accounts for about 70%, and the chip photoresist accounts for a relatively small proportion, accounting for about 15%. Photoresist customers used in chip manufacturing include Yangzhou Yangjie, Shenzhen Fangzheng, Sanan Integration, Fujian Ante, Yixing Gitzo and so on. 21On the evening of September 27th, the company announced that it planned to invest in Zhuhai Economic and Technological Development Zone with an estimated annual output of 50,000 tons of photosensitive dry film, flat panel display photoresist and semiconductor photoresist, with a total investment of about 600 million yuan.
List of leading stocks in semiconductor plate
Silanwei (600460):
As for the inventory turnover days of semiconductor leading stocks, from 17 to 20 years, they are 126.68 days, 160.3 1 day, 189.38 days and 152.44 days respectively.
Power semiconductor faucet, mainly for CMOS, BiCMOS and bipolar consumer integrated circuit products.
Changdian Technology (600584):
From the inventory turnover days of semiconductor leading stocks, from 17 to 20 years, they are 35.59 days, 39.07 days, 43.1/kloc-0 days and 45.67 days respectively.
The company's high-end integrated circuit production capacity is in the leading position in the industry; It is a semiconductor packaging production base in China and a leading integrated circuit packaging enterprise in China.
Sanan Optoelectronics (600703):
The inventory turnover days of semiconductor leading stocks range from 17 to 20 years, which are 123.93 days, 174.02 days, 198.87 days and 205.9 days respectively.
Compound semiconductor foundry leader.
2 1 The global semiconductor market may grow by 8.4%.
As we all know, the price increase of semiconductor chips reflects the prosperity of the industry, the price increase is the appearance, and the relationship between supply and demand is the core. The surge in terminal demand and the difficulty in keeping up with the existing production capacity are the main contradictions in the semiconductor industry at present. The main demand of the semiconductor market comes from the large-scale construction of 5G and the gradual recovery of the automobile industry, which makes the semiconductor industry in a highly prosperous state.
Since the second half of 20 years, due to the continuous shortage of production capacity of 8-inch wafer fab, the supply of power management IC and power semiconductor is in short supply, and the price adjustment tide has begun. Subsequently, the chip packaging test factory, automobile electronics company and chip design company all made corresponding price adjustments. Due to the limited production capacity of the wafer factory and the strong downstream demand, the resources of the 8-inch wafer foundry are in short supply. Taking the power semiconductor market as an example, the demand for downstream mobile phone fast charging, wireless charging and other products is promoting, which accelerates the process of power semiconductor in short supply.
It is not difficult to see that the reasons for the latest round of "price adjustment tide" of semiconductor enterprises are similar, that is, due to the continuous rise of upstream raw materials and packaging costs, coupled with the tight production capacity, the procurement cycle is extended and the product cost is greatly increased, so the product price is raised to share the cost pressure. Some market organizations predict that the price increase of 2 1 semiconductor and related products may be close to 20%, and the price increase of "urgent orders" may even reach 40%.
The World Semiconductor Trade Statistics Organization (WSTS) had previously issued a forecast that the output value of the semiconductor industry would increase by 5. 1% to reach US$ 433 billion in 20 years, which was significantly higher than the year-on-year decline of 12% to US$ 41200 million. WSTS also predicts that the global semiconductor market will grow by 8.4% in 2 1 year, reaching US$ 469.4 billion, which is expected to reach a record high. Driven by the double-digit growth of memory and optoelectronics, it is expected that all other product categories will also show positive growth, and it is expected that 2 1 will achieve growth in all regions. WSTS predicts that almost all types of semiconductors will grow this year except a few optoelectronic and discrete semiconductors. In addition, due to the popularity of 5G, the demand for semiconductors and sensors is high. WSTS predicts that after 20 years, the sales of memory chips will increase by 12.2%, reaching11900 million USD, followed by sensors (up by 7.4%) and logic chips (up by 6.5%). WSTS believes that memory chips are also the fastest growing category in 2 1, and it is predicted that they will grow by 13.3% next year.
"Lack of core" anxiety spread to the automobile industry
Since 18, the trade friction between China and the United States escalated into technology containment, the anxiety of "core technology stuck in the neck" has permeated the hearts of the public, among which chips are the most concerned.
After Huawei's lack of core, the automobile industry has also suffered from the lack of core recently. Today's automobile manufacturing has already bid farewell to the era of "four chairs+four wheels+engine". Most cars need at least 40 kinds of chips, and there are as many as 150 kinds of high-end models. As long as a part of it is missing, it will affect production. With the gradual recovery of the automobile market in the second half of the year, especially in China, chip manufacturers are no longer able to cope with the explosive demand of automobile chips, which leads to the stagnation of the supply of automobile chips.
China is a big automobile manufacturing country. Judging from the scale of the automobile industry, the output of new cars accounts for nearly 30% of the global automobile production. However, in 19, the global automobile chip market was about 47.5 billion US dollars, and the scale of China's independent automobile chip industry was less than/kloc-0.5 billion yuan, accounting for about 4.5% of the world. From the beginning of 65438+February in the 20th century, it was reported in China that "North and South Volkswagen was forced to stop production due to lack of core". Recently, Guangzhou Automobile Group said that due to the global economic situation affected by the spread of novel coronavirus, individual enterprises of Guangzhou Automobile Group received early warning information from suppliers, and the supply of parts and components of some models will be affected, and relevant information is still being confirmed by rolling. At the same time, Guangqi Honda, a joint venture between GAC and Honda, also said that the parts supply of some models received early warning information. In addition, the shortage of automobile chips seems to have developed into a global problem, not just in China. Due to the shortage of chips, many auto giants, including Ford, Fiat Chrysler and Toyota, have announced that they will cut their car production. At the end of last year, Volkswagen said it would adjust the production of factories in China, North America and Europe.
In fact, the chip shortage in the automobile industry began in late February of 1, which had a great impact on the production in the first quarter of 2 1. China Automobile Association 65438+1October 13 said that the shortage of automobile chips may last until the second quarter. Faced with the current shortage of automobile chips, on the one hand, manufacturers increase production speed, on the other hand, they also offer tricks to increase the price of automobile chips. Some industry analysts believe that it is unlikely that the capacity shortage will be alleviated in the short term, and it is expected that the price increase of 2 1 automobile chip industry chain will last for a long time.
The industry boom continued, and technology stocks such as semiconductor chips led the gains.
The semiconductor industry has a long industrial chain, involving design, manufacturing, packaging, testing, equipment and materials. With the development of 5G technology, the Internet of Everything can support 800 billion devices online at the same time, and each device needs a semiconductor chip. The demand for chips in the future is huge, which means that the upstream and downstream industries such as chip industry design, manufacturing, packaging and testing are facing huge development needs.
In recent years, investors with a keen sense of smell have already begun to pay attention to the opportunities in China's chip and semiconductor industries. While the A-share chip sector continues to be hot, the investment and financing boom of the track is also wave after wave. According to the survey data of enterprises, during the period of 10, there were 3 169 investment and financing events in China chip semiconductor circuit, with a total investment and financing amount exceeding 602.5 billion yuan. In the past 20 years, there have been 458 investment and financing events in the chip semiconductor industry, with a total amount of 65.438+009.769 billion yuan. Among them, SMIC won the highest amount of financing, totaling 654.38+09.85 billion yuan, which was funded by the first phase of the National Fund, the second phase of the National Fund, Shanghai Integrated Circuit and National Integrated Circuit (all state-owned assets). SMIC is one of the world's leading integrated circuit wafer foundry enterprises and the largest high-tech integrated circuit wafer foundry enterprise in China.
In addition, SMIC, Anshi Semiconductor, ZTE Microelectronics and other 16 enterprises obtained financing events, and the total amount exceeded 1 100 million yuan, which also attracted people's attention. On the whole, the investment and financing amount and quantity of chip semiconductor track in the past 20 years ranked second in the past 10 years, and the overall trend showed a steady increase. In the industry's view, the semiconductor sector is in front of a broad market, followed by a policy dividend. Under the double-layer favorable situation, the industry's high prosperity will continue.
Huaxi Securities believes that the domestic semiconductor industry, driven by the macro environment, will usher in better development opportunities in the next three to five years, and will continue to be optimistic about the growth of the overall semiconductor equipment industry space brought about by the expansion of domestic semiconductor production capacity, the expansion of the domestic semiconductor equipment industry scale brought about by the increase of domestic semiconductor equipment share, and the improvement of profitability under the background of the continuous expansion of leading companies' income scale. Focus on recommending the core targets of the semiconductor industry chain, including chip design, equipment and materials, power semiconductors, chip manufacturing, chip packaging and testing.
Judging from the market performance, in June 65438+1October 65438+April, technology stocks such as semiconductor chips continued to rise. By noon, Bochuang Technology (300548-CN) rose by 20%, Shanghai Silicon Industry -U(688 126-CN) rose by 15%, and the core element (68852 1-CN) rose by more than1CN. Saimicroelectronics (300456-CN), Xinyuanwei (688037-CN), Xinpengwei (688508-CN), Zhongwei Company (6880 12-CN) rose more than 10%, and Zhongjing Technology (003026-CN) Cambrian (688256-CN), Dinglong (300054-CN) rose nearly 10%, Minxin (688286-CN), Nanda Optoelectronics (300346-CN) and Tang Ying Zhikong (30013/kloc).