1、 1 7 25%25%25% 25%+0.98%-1.62% -0.54%300-0.86%7 +15.91%+10.82%+7.11% 300+8.20% 7-8 汾6 1573 飺 7-8 20H1 棬翪 棬 KA/BC + +滮 3-5 3-5 20Q2 20H1 Q1 20Q2 Q2 涯 20Q2 25%20H1 80g 70g20Q2 4 涯 20H1 680g 70g20Q2 20%+ 30%+2020 20Q2 15% Q2 20Q2 15% 飺+ 飬 2-3 1 217 3 Table_QuotePic 300 wind S0100519010004 绰 010-8512751
2、3 S0100118080028 S0100118080028 绰 0755-22662026 Table_docReport Table_Invest Table_Title / 2020727 -20% 0% 20% 40% 60% 80% 19-07 19-11 20-03 20-07 300 / 2 4 棨 飺 + 6 20206 455.4 7.6%2020 1714.2 9.5% 20Q1 -35% 20Q3 20Q2 1173.809.91% 9.91% 7.09%仯 9.91% 20Q2 + +齭+ EPS PE 7 24 2020E 2021E 2022E 2020E 202
3、1E 2022E 600519 1595.30 38.15 45.20 52.87 42 35 30 000858 201.39 5.20 6.37 7.57 39 32 27 000568 113.98 3.81 4.65 5.47 30 25 21 002304 130.14 5.16 5.99 6.80 25 22 19 000596 181.25 4.35 5.25 6.18 42 35 29 600887 34.03 1.09 1.36 1.51 31 25 23 600597 16.65 0.44 0.49 0.56 38 34 30 002732 26.73 0.88 1.01
4、1.15 30 26 23 603288 137.07 2.31 2.74 3.20 59 50 43 600305 19.69 0.47 0.56 0.66 42 35 30 600872 64.58 1.07 1.32 1.62 60 49 40 002507 36.68 0.98 1.16 1.37 37 32 27 600600 80.33 1.42 1.72 2.06 57 47 39 002461 齭 12.93 0.26 0.27 0.30 50 48 43 600132 69.60 1.10 1.37 1.57 63 51 44 000729 7.71 0.10 0.14 0.
5、18 77 55 43 棬 qRqPmMqPsNmOuMpQrNpQnOaQcM9PpNrRpNmMeRnNoRfQmOqPbRpPvMNZoMtRNZqMtN / 3 . 4 . 4 2-3 . 11 . 15 6 . 17 . 18 . 21 . 21 . 22 . 22 . 23 壩 . 23 . 24 . 24 . 25 . 28 . 28 / 4 720-242.57%-0.54% 300 -0.86%飬 122.57 123.06 İPE-TTM10 100% 1PE-TTM 10 Wind 1. 6 5 2 31 6 13 鷴 6 46 1.8% 5 1 2.9% 7 6 615
6、.2%3.7 5鵼 77 5-6 / 5 7 8-9 2. 1 1713 飬 2 3 20-302 2530-2550 2020 2021 塣 2 20192019徭 幤 2019 2019 7.5 +6.88% 4.99595.42+18.14% 37.810 98%100% 2020 2020 衢+顱 2020 2020 10% 53.71 / 6 2020 10% 10% 12%9%12% a757 43.12%50% b İ 12 20Q1 5%3 c 滮滮5滮乫 d 10% 213 3 3KA KA 61822 KA 50 1 1 1502019 109 2 1302019 3 12