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October 25th, 2023 | 08:10 CEST

New stock favorites? BYD, JinkoSolar, dynaCERT

  • Hydrogen
  • GreenTech
  • Electromobility
  • Solar
Photo credits: Volkswagen

Hydrogen, electromobility and solar energy are without doubt among the absolute industries of the future. The growth prospects for the coming years are excellent. However, companies from all these sectors are currently struggling on the stock market. Today, we take a look at new and old favorites. BYD's preliminary quarterly figures were compelling, and analysts are giving their approval. JinkoSolar is evolving into the number one in the solar sector, and the Chinese can be pleased about new orders. There is also positive news at dynaCERT. The hydrogen and emission reduction specialist could even be on the verge of a game-changer.

time to read: 3 minutes | Author: Fabian Lorenz
ISIN: BYD CO. LTD H YC 1 | CNE100000296 , JINKOSOLAR ADR/4 DL-00002 | US47759T1007 , DYNACERT INC. | CA26780A1084

Table of contents:


    Dirk Graszt, CEO, Clean Logistics SE
    "[...] We can convert buses and trucks to be completely climate neutral. In doing so, we take a modular and incremental approach. That means we can work with all current vehicle types and respond to new technology and innovation [...]" Dirk Graszt, CEO, Clean Logistics SE

    Full interview

     

    dynaCERT: Is the breakthrough in emission certificates imminent?

    Does the dynaCERT share currently offer investors an exciting entry opportunity? The Canadians have been on an operational streak for several weeks. Among other things, a significant order for 161 HydraGEN™ units was reported. These units are going to various mining companies in South America via a distribution partner. The HydraGEN™ units will be installed in the heavy trucks of these companies. Mining companies are under increasing pressure to reduce their CO2 emissions to meet environmental and ESG requirements - including from customers in the US and Europe. In addition, more and more companies are testing the electrolyser offered by dynaCERT and partner Cipher Neutron for hydrogen production. So when sentiment in the hydrogen sector picks up, dynaCERT should benefit.

    But even before that, dynaCERT has a real game-changer in the pipeline that could significantly boost the stock. The Company now seems to be clearing the last hurdle to obtain the important Verra certification for emission certificates. Earthood Services Pvt. Ltd. is working to complete an assessment report on the methodology for improving the efficiency of fleet vehicles and internal combustion engines. dynaCERT announced yesterday that results should be available no later than December 31, 2023. The technical test results could even be expected as early as mid-November. In early 2024, Verra is expected to complete the certification process, allowing dynaCERT to generate additional revenue. That is because, in the future, customers' carbon credits are to be sold through the use of HydraGEN™ Technology, with dynaCERT receiving 50% of the proceeds.

    BYD: Strong figures, positive analysts

    There is also a lot of positive news at BYD at the moment. Last week, the Chinese car company surprised with positive quarterly figures. While competitor Tesla had to report falling profits, BYD's cash register is ringing. The growth driver is the expansion outside China. According to preliminary calculations, BYD's net profit is expected to increase by up to 102% to up to CNY 11.5 billion in the third quarter. BYD thus shows itself largely unimpressed by the price war with Tesla and the growing number of competitors. UBS was also impressed by the figures, which exceeded market expectations. BYD has been able to command higher prices and keep costs under control. For analysts, BYD is a top pick in the sector. The price target is HKD 345.

    Unfortunately, the "China risk" continues to weigh on the share price. There is probably no other explanation for BYD shares trading just below EUR 30, the same level as at the beginning of 2021. The market capitalization of EUR 86 billion is below that of Mercedes (approx. EUR 90 billion).

    Can JinkoSolar shake off the SolarEdge burden?

    Last week, SolarEdge's profit warning dragged the entire sector down. But operationally, not everyone is doing poorly. JinkoSolar, for example, also reported more orders after reporting compelling numbers. The latest was an order from Saudi Arabia's power plant developer ACWA, according to which JinkoSolar will supply modules with a capacity of 1.581 GW for the Al Kahfah project and 2.257 GW for the AR Rass 2 project. Yunhe Lv, Executive VP of ACWA China, praised the quality of Jinko's products, saying, "The N-type TOPCon technology will help our solar projects meet performance targets to provide clean energy at competitive prices for desalination and hydrogen production, as well as for our customers in the Middle East."

    Previously, the Chinese solar company reported projects in Nigeria and Japan. To Solarmate Engineering in Nigeria, Jinko will supply an energy storage system. The order in Japan has already been completed. There, Jinko has supplied an energy storage system with a capacity of 15 MWh in combination with 5.7 MW solar modules to Grand Works.


    The current market situation is not for the faint of heart. However, opportunities also arise in such situations. BYD and JinkoSolar are developing into market leaders in their future industries - if only the "China factor" did not weigh on the shares. In contrast, dynaCERT is just beginning to roll up its market. Certification by Verra and the associated entry into emissions trading would be a game-changer for the Company and its shares.


    Conflict of interest

    Pursuant to §85 of the German Securities Trading Act (WpHG), we point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH (hereinafter referred to as "Relevant Persons") may hold shares or other financial instruments of the aforementioned companies in the future or may bet on rising or falling prices and thus a conflict of interest may arise in the future. The Relevant Persons reserve the right to buy or sell shares or other financial instruments of the Company at any time (hereinafter each a "Transaction"). Transactions may, under certain circumstances, influence the respective price of the shares or other financial instruments of the Company.

    In addition, Apaton Finance GmbH is active in the context of the preparation and publication of the reporting in paid contractual relationships.

    For this reason, there is a concrete conflict of interest.

    The above information on existing conflicts of interest applies to all types and forms of publication used by Apaton Finance GmbH for publications on companies.

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    Der Autor

    Fabian Lorenz

    For more than twenty years, the Cologne native has been intensively involved with the stock market, both professionally and privately. He is particularly passionate about national and international small and micro caps.

    About the author



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