电力设备及新能源行业周报：23年国内风光装机高速增长，行业景气度持续向好

10% 0% -10% -20% -30% -40% 000300.SH CI005011.CI 投资要点    请阅读最后评级说明和重要声明 一、投资要点3 二、行情回顾4 三、行业数据5 四、行业资讯7 1.行业要闻7 2.重要公告7 五、风险提示10 .......................................................................................................................................3 .......................................................................................................................................3 ....................................................................................................................................4 ........................................................................................................................................5 .......................................................................................................................................5 ................................................................................................................................5 ....................................................................................................................................5 .........................................................................................................................5 ....................................................................................................................................5 ..................................................................................................................................6 ...........................................................................................................................6 ................................................................................................................................6 ................................................................................................................................................6 .............................................................................................................................................6 ................................................................................................................................................6 .........................................................................................................................................7 ..................................................................................................................................7 ...........................................................................................................................................4 ..................................................................................................................7 ...................................................................................................7 2 2022-02 2022-03 2022-04 2022-05 2022-06 2022-07 2022-08 2022-09 2022-10 2022-11 2022-12 2023-01 2023-02 2023-03 2023-04 2023-05 2023-06 2023-07 2023-08 2023-09 2023-10 2023-11 2023-12 2022-02 2022-03 2022-04 2022-05 2022-06 2022-07 2022-08 2022-09 2022-10 2022-11 2022-12 2023-01 2023-02 2023-03 2023-04 2023-05 2023-06 2023-07 2023-08 2023-09 2023-10 2023-11 2023-12  60.0 53.0 50.0 40.0 30.0 21.7 21.4 20.4 13.214.7 17.218.7 16.015.8 20.0 13.6 12.9 9.3 8.96.76.78.1 7.5 5.6 2.74.05.3 10.0 0.0 40.0 34.5 35.0 30.0 25.0 20.0 15.1 15.0 10.0 5.7 6.6 4.63.84.1 5.84.6 3.8 3.32.6 2.21.71.22.12.01.23.11.91.4 2.2 5.0 0.0 3 综合金融房地产石油石化 建筑煤炭 非银行金融 银行钢铁 交通运输 电力及公用事业 通信建材传媒综合 有色金属国防军工商贸零售 家电消费者服务 计算机食品饮料轻工制造农林牧渔 机械汽车 基础化工纺织服装 电力设备及新能源 医药 电子 14% 12% 10% 8% 6% 4% 2% 0% -2% -4% 4 1.2 1 0.8 0.6 0.4 0.2 0 2020/1/3 2021/1/3 2022/1/3 2023/1/3 2024/1/3 三元车用电芯 铁锂车用电芯 方形储能电芯（磷酸铁锂） 70 60 50 40 30 20 10 0 2020-01-01 2021-02-24 2022-04-20 2023-06-14 2.5 2 1.5 1 0.5 0 2020/2/14 2021/2/14 2022/2/14 2023/2/14 干法-16μm 湿法基膜-9μm 湿法基膜-7μm 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% 45 40 35 30 25 20 15 10 5 0 2020/1/3 2021/1/3 2022/1/3 2023/1/3 2024/1/3 NCM333 NCM523 NCM622 NCM811 磷酸铁锂 9 8 7 6 5 4 3 2 1 0 2020/1/3 2021/1/3 2022/1/3 2023/1/3 2024/1/3 中端产品 高端产品 70 60 50 40 30 20 10 0 2020/6/19 2021/6/19 2022/6/19 2023/6/19 12 10 8 6 4 2 0 单晶硅片-182mm(M10) 单晶硅片-210mm(G12) 2.1 1.9 1.7 1.5 1.3 1.1 0.9 182mm单面单晶PERC组件 210mm单面单晶PERC组件 182mm双面单晶PERC组件 210mm双面单晶PERC组件 14 12 10 8 6 4 2 0 2020/1/3 2021/1/3 2022/1/3 2023/1/3 2024/1/3 电解液(磷酸铁锂) 电解液(三元/圆柱/2600mAh) 350 300 250 200 150 100 50 0 1.5 1.3 1.1 0.9 0.7 0.5 0.3 单晶PERC-182mm 单晶PERC-210mm Topcon-182mm 50 45 40 35 30 25 20 15 10 5 0 3.2mm镀膜 2.0mm镀膜 3 2.5 2 1.5 1 0.5 0