The central enterprise science and technology index made a dazzling appearance

Mondo Technology Updated on 2024-02-01

Recently, the market is still at a low level, down to the support level, but there is a sector that has performed well, that is, central enterprises, and among the central enterprises, there is a direction that is rarely involved, that is, the central enterprise technology sector.

Many investors ignore the leading entities in science and technology, and central enterprises have always occupied a dominant position, such as high-end manufacturing, aerospace, infrastructure transportation, electronic information and communication, etc.

They are not only the backbone of building a modern industrial system, but also play an increasingly important role in promoting the development of strategic scientific and technological innovation and the construction of a modern energy system.

Therefore, in the context of the gradual end of real estate, these important scientific and technological fields bear the heavy responsibility of economic and social transformation to high-quality, so the scientific and technological innovation of central enterprises needs further attention.

At present, in the market, there is an index that invests exclusively in the technology of central enterprisesCSI Guoxin Central Enterprises Technology Leading Index

The index is customized by Guoxin Investment***, and selects 50 listed companies** under the SASAC whose business involves aerospace and defense, computer, electronics, semiconductors, communication equipment and technical services and other industries as the index sample, so as to reflect the overall performance of listed companies with technology themes of central enterprises**.

1. The latest data shows that as of the end of 2023, the total market value of the 50 constituent stocks of the Central Enterprise Technology Leading Index is about 21 trillion yuan, with an average market capitalization of about 42.4 billion yuan, and the index as a whole is biased towards mid-cap growth style.

2. In terms of performance, in the past three years, the growth rate of operating income of the index components of the central enterprise science and technology has exceeded 10%, and the compound growth rate of net profit attributable to the parent company has exceeded 20%, with outstanding growth.

3. In terms of valuation, the current valuation of the index is at a historically low level. According to the backtest of the constituent stocks, as of January 15, the price-to-earnings ratio of the central enterprise technology leading index was about 39 times, which was about 15% since the base day.

In the future, with the addition of market value management and policy support for strategic emerging technology industries, it will inevitably further promote the continuous development of enterprises with hard technology to lead the upward development.

Niu Ben personally invested in E Fund CSI Guoxin Central Enterprises Technology Leading ETF Connection** (Class A 019493, Class C 019494), which is a connection that tracks the CSI Guoxin Central Enterprises Technology Leading Index**, which can be purchased on various Internet platforms or banks.

Under the **continued weakness**, those who are interested can join the self-selected continuous attention, after all, the central enterprise sector is a bright spot that cannot be found in the current market.

Bidding:E Fund CSI Guoxin Central Enterprises Technology leads ETF connection C (019494).

Regular investment amount: 1000 yuan

Frequency: Monthly

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