Investment Value Research Of Nuclear Power Industry Listed Companies In China

Value Investing have been proved to be an effect way for most investors,making investors get long-term investment return.Value investors tend to choose some relatively certain industries for analysis and valuation,and such as the nuclear power industry is the preference.According to projections,the annual operating 8-10 units still need to be approved in the next 10 to 15 years,and China's nuclear power construction will be in a period of rapid development.However,due to internal nuclear power operating companies for a long period of time not listed,as well as professionalism and complexity of nuclear power,the study of the nuclear power industry investment value is even scarcer.With the China Guangdong Nuclear Power(01816),China Nuclear Power(601985)were listed in Chinese Hong Kong and Chinese mainland A shares,the mystery unfolding in front of the public.Investment value research of nuclear power industry Listed Companies in China has become necessary and practical.Firstly,the value investment methods are researched,followed by the internal nuclear power industry characteristics,development prospects,major listed companies are introduced,and then China Nuclear Power and Guangdong Nuclear Power as a case study using financial statements,analysis of the two companies profitability,growth,financial health,to determine the competitive advantage.On the basis,the relative valuation of the two companies is evaluated,using the traditional valuation tools such as price-to-book,price-to-earning,price-to-sales.The two companies' intrinsic values are evaluated using the free cash flow discount method.Analysis showed that in terms of relative valuation or DCF valuations,if you want to invest in nuclear power industry listed companies in China,no doubt,China Guangdong Nuclear Power price more attractive,and more worth to invest.