5G mobile phones will be listed soon, and related concept stocks will be the first to be launched.

5G came too fast, just like a tornado. On July 25th, at the press conference in Suning.cn, President Hou Enlong revealed that a variety of 5G mobile phones will be launched in August, and it is expected that 5G mobile phones will become the mainstream of the market in May and June next year. Behind the e-commerce efforts to "sip" is the rise in the prosperity of the 5G industrial chain. In the first half of this year, the net profit of related companies such as 5G terminals and semiconductors increased substantially, and their share prices also rose.

On July 26th, Huawei released the Mate20 X 5G version of the first 5G mobile phone in Shenzhen headquarters. TF Securities Research Report predicts that the shipment of 5G mobile phones will exceed 300 million units next year, and it will enter the terminal replacement cycle from the second half to next year. The 5G mobile phone is coming, is the investment opportunity coming?

Over 70% of the concept stocks rose.

On July 25th, President Hou Enlong revealed the 5G mobile phones listed during the 8 18 Shopping Festival in Suning.cn, including Huawei Mate 20X 5G, vivo iQOO 5G, Samsung Note 10 5G and ZTE AXON 10 Pro 5G. Hou Enlong also predicted at the press conference that 5G mobile phones will become the mainstream of the market in May and June next year.

Behind the e-commerce effort "sip" is the 5G concept that continues to be hot. According to Cai Dong data, this week, the share prices of seven 5G concept listed companies, such as Xinwei Communication, Dongshan Precision, Hudian and Wen Tai Science and Technology, rose by over 10%. 120 More than 90 stocks rose.

Looking at this year's market, there are also more than 70% of 5G concept listed companies whose share prices have risen. Among them, since Han Xun landed on GEM on March 14, the cumulative increase has reached 262.29%. As the technical master and standard-setting unit of military broadband mobile communication system, in recent years, Shanghai Han Xun has undertaken and completed a number of major military equipment development tasks and major national and Shanghai integration of defense and civilian technologies science and technology projects. Han Xun said that positioning military 5G will be one of the important directions for the company's next development.

After turning losses into profits in 20 18, the share price of *ST Fangu (002 194) rose sharply, and the company continued to consolidate its position in the field of mobile communication equipment by relying on the advantages of the whole industrial chain of filters. In February of this year, *ST Van Gogh revealed on the interactive platform that the company recently received a 5G order from Huawei. In 20 19, the company will focus on improving the mass production capacity of 5G, and accordingly, the production capacity is gradually increasing as planned. Stimulated by a number of good news, *ST Van Gogh's share price has risen 158.07% this year.

In addition, Wen Tai Science and Technology has increased by 88.83% this year; Chunxing Seiko increased by 73.9 1%, and Ziguang Guowei increased by 65.92%.

Net profit has increased substantially.

In the first half of this year, the net profit of related companies such as 5G terminals and semiconductors increased significantly.

Taking *ST Van Gogh as an example, the performance report released by the company shows that the company achieved a net profit of 69,328.8110,000 yuan in the first half of the year, an increase of 199.37% over the same period last year.

As the first listed company in RF front-end, Zhuo Shengwei (300782) expects the company to achieve a net profit attributable to shareholders of 654.38+0.2 billion yuan to 654.38+0.3 billion yuan in the first half of the year, an increase of 72.36% ~ 90.5438+0%. In the previous prospectus, Zhuo Shengwei said that he would upgrade the existing products such as RF switches and RF low-noise amplifiers, improve the performance and reliability of products through process improvement and application of new materials, and develop products that meet the needs of 5G communication to consolidate the company's technological and market advantages.

As an important supplier of LCP antennas, Luxshare (002475) expects a profit of 566 million to 632 million yuan in the first quarter, up 70% to 90% year-on-year. In April, when the company responded to investors' questions on the interactive platform, it said that the company currently has a large number of shipments of 4G and 5G antennas on the mobile phone and the communication base station.

The net profit attributable to shareholders of listed companies in Goer (002241) in 2018 was 868 million yuan, down 59.44% compared with the same period of last year. In the first quarter of this year, the company's net profit is estimated to be 654.38+84 billion yuan ~ 226.5438+0 billion yuan, up 0 ~ 20% year-on-year. Goer shares previously stated in the annual report that the company innovatively launched a virtual reality reference design platform with new chip solutions around the upcoming 5G era, focusing on the layout of new optical devices such as optical lenses, gratings and opto-mechanical modules in the augmented reality field.

The communication board produced by Ding Peng Holdings (002938) Co., Ltd. has customers including leading brands at home and abroad such as Apple, Google, Sony, Huawei, OPPO and vivo. A quarterly report shows that the net profit attributable to shareholders of listed companies of Ding Peng Holdings is 654.38+85 million yuan, up 3.30% year-on-year.

The industry boom is on the rise.

China 5G is expected to be commercialized in 20 19, and will be gradually realized in 2020.

TF Securities's research report believes that the prosperity of the 5G industrial chain will show an upward trend. According to the research report of Guo Sheng Securities, at the beginning of 20 14, the market share of 4G smartphone shipments in China was 10%, and it only took about two years to reach 90%. Guo Sheng Securities believes that the adoption rate of 5G will be similar to that of 4G and will increase rapidly in China.

Zhongtai Securities said that with the development of 5G and the change of global pattern, not only the investment in 5G equipment, but also the upstream autonomy and controllability brought by industrial chain restructuring, as well as the innovation of 5G terminal industry represented by mobile phones, IOT terminals and smart cars are all entering a substantive stage, facing investment opportunities.

Where are the investment opportunities?

TF Securities research report predicts that the shipment of 5G mobile phones will exceed 300 million units next year. Enter the terminal replacement cycle from the second half of the year to next year. Related module companies are expected to re-enter the positive growth cycle in the third quarter, focusing on the two main investment lines of 5G related components increment and 5G new terminals.

Among them, the industrial chain of consumer electronics-related modules has experienced a downward cycle of one and a half years, and the operating rate is low. The sales volume increased positively year-on-year, the operating rate increased, and the expense rate could be effectively reduced. With the increase of market concentration, leading companies benefit more obviously; The downward trend of semiconductor prices such as memory has stabilized. Since the second quarter, the utilization rate of sealing and testing capacity has rebounded month by month, and it is expected that the utilization rate will reach over 90% from May. Additional orders from upstream design enterprises under the blessing of "domestic substitution" are the driving force for the recovery of this round of packaging and testing enterprises. It is expected that the packaging and testing industry will see rapid growth in performance in the second half of the year. In addition, domestic high-quality chip design companies are facing the great opportunity of "domestic substitution", and the accelerated verification and introduction of complete machine manufacturers such as Huawei will make related companies grow rapidly.

From the perspective of the 5G industrial chain, with the landing of 5G licenses, the 5G scale construction of the three major operators is expected to accelerate. The number of 5G base stations will increase to 0.5 ~ 2 times that of 65438+4G base stations. At the same time, with the introduction of a large number of new technologies, the value of the base station side is expected to be further enhanced. By then, the whole industrial chain of main equipment, antenna-fed RF and RF cables will continue to benefit. After the launch of the three major application scenarios of 5G and the gradual completion of network coverage with large bandwidth, wide coverage and low latency, applications such as high-definition video conferencing, rich media short messages and Internet of Things have the foundation of large-scale promotion, which is expected to usher in a period of rapid development, promote the continuous growth of network traffic and drive the demand of IDC. As one of the core infrastructures of new technologies and new economy, 5G's network coverage continues to advance, which is expected to drive downstream new applications and new business models to land continuously and rapidly.

At the same time, edge computing is an important underlying support for the realization of the three major application scenarios of 5G, which further sinks computing power and business capabilities to the edge of the network, forming an ecosystem such as infrastructure, edge devices, and edge computing operations. From the perspective of optical communication, with the sustained high-speed growth of network traffic and the new demand brought by 5G, the telecom market is expected to drive the industry demand upward.

This article is from Securities Times.

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