TMT is the abbreviation of three words: Technology, Media and Telecom. It means that the future Internet (technology), daily life and communication, including information technology, will integrate with each other. An industry name arising from the general background of the trend.
Technology mainly refers to computer technology based on Internet technology (IT). Media also refers to new media based on the Internet, fixed Internet, and mobile Internet. Telecom refers to The Internet provides infrastructure services. The integration of the three is the major trend now and in the future. Traditional media is declining, new media is rising, and Internet celebrities are becoming popular. Traditional industries are accelerating informatization, and Internet giants have been trying to use new technologies to top old rules. For these needs new technologies Enterprises providing basic Internet services have a bright future.
In Shanghai and Shenzhen A-shares, there are three indexes tracking the TMT industry, namely Shenzhen TMT50 (399610), CSI TMT (000998) and CSI TMT 150 (H30318).
Shenzhen TMT50, index code 399610, is composed of the 50 most representative stocks of the TMT industry listed on the Shenzhen Stock Exchange. It is weighted by the circulating market value (to be precise, Paishou), and positions are adjusted twice a year ( January and July).
CSI TMT, index code 000998, full name CSI TMT Industry Theme Index, selects the 100 most representative stocks of the TMT industry in Shanghai and Shenzhen stock exchanges to form constituent stocks, is compiled with equal weight, and is adjusted twice a year. warehouse (June and December).
TMT 150, index code H30318, selects the 100 most representative stocks in the TMT industry in Shanghai and Shenzhen stock exchanges to form sample stocks, weighted by circulating market value (accurately, Pai Xu), and positions are adjusted twice a year (June and December)
In recent years, with the blessing of multiple advantages such as a stable economic environment, favorable industrial policies, continuously expanding market demand, and continuous breakthroughs in scientific research results, the TMT industry has gradually It has become an important driving force in promoting the development of the national science and technology industry.
According to Zhizhiya statistics, among the two industries designated by the China Securities Regulatory Commission, the TMT industry (computer, communications and other electronic equipment manufacturing) has the largest number of enterprises, total number of patent applications in the industry, and average number of patents per enterprise in the industry. Ranked first in three indicators including the number of patent applications, 75, 43,531 and 580 respectively, showing strong scientific and technological innovation capabilities.
In addition, between August 11 and September 6, 10 new companies were listed on the Science and Technology Innovation Board ***, 6 of which belong to the TMT industry, and the rest belong to special equipment manufacturing, Non-metallic mineral products industry, metal products industry, and software and information technology services industry.
The total number of patent applications for these six newly listed TMT companies is 1,922, the number of valid patents is 947, and the number of authorized invention patents is 442. The average number of patent applications per company is 320, the number of valid patents is 158, and the number of authorized invention patents is 74, which is slightly lower than the average level of the Science and Technology Innovation Board. The median number of total patent applications is 227, the median number of valid patents is 111, and the median number of authorized invention patents is 40, which is significantly higher than the overall level of the Science and Technology Innovation Board.
Among the TMT sub-sectors, investment in the technology industry continues to grow. In the second half of 2020, the investment amount in the technology industry accounted for 63% of the total investment amount in the TMT industry. The investment amount and number of investments in the Internet and mobile Internet industries also increased. A sharp increase, with month-on-month increases of 141 and 44 respectively.
The entertainment and media industry also achieved rapid recovery in the second half of the year as the epidemic was brought under control. The amount of investment increased by 416% month-on-month, and the number of investments increased by 218% month-on-month. However, the main investment direction is the communications industry of telecommunications equipment and terminals. Let’s take a look at the specific situation of listed companies.
Zhenhua Technology (000733): The company is an enterprise mainly engaged in the research, development, production and operation of electronic information products. In the first quarter of 2021, the company achieved operating income of 1.308 billion yuan, a year-on-year increase of 47.25%; net profit attributable to shareholders of listed companies was 247 million yuan, a year-on-year increase of 122.90%.
Deep Technology (000021): The main business of Deep Technology includes providing advanced manufacturing services for computers and storage, solid-state storage, communications and consumer electronics, medical equipment and other electronic products, as well as measurement systems, automation equipment, We have cooperative relationships with many companies in the R&D and production of semiconductor packaging and testing business.
In the first quarter of 2021, Shenzhen Technology achieved revenue of 3.83 billion yuan, a year-on-year increase of 15.2%; net profit attributable to the parent company was 200 million yuan, a year-on-year increase of 146%; non-net profit after deduction was 64.04 million yuan, a year-on-year decrease of 39.4%.
Tsinghua Unigroup (000938): The company’s business areas cover a wide range of mainstream directions in IT and communications. Tsinghua Unigroup Biwei Network invested by the company is a leading domestic network equipment supplier and the first domestic provider of IPv4/ v6 dual-stack core router company.
In the first quarter of 2021, the company achieved total operating income of 13.51 billion yuan, a year-on-year increase of 3.451%; non-net profit after deducting 138 million yuan, a year-on-year increase of -10.62%; Unisplendour's gross profit was 2.440 billion, with a gross profit margin of 1.835% .
China Great Wall (000066): Tsinghua Unigroup Biwei Network invested by the company is a leading domestic network equipment supplier and the first domestic company to provide IPv4/v6 dual-stack core routers. In the first quarter of 2021, the company achieved total operating income of 3.117 billion yuan, a year-on-year increase of 178.22; it achieved non-net profit of -114 million yuan, with a gross profit margin of 2.043.