1
2005
2005 10 24
2005 7 1 2005 9 30
1
2
2004 4 30 2004 5 11
3
240005 3,465,810,192.41
4
50% 95% 0%
45% 5%
2
1
A
B
a
b /
c 10-20
d ROE P/E
2
A
B
C
80 +20
=
180
180
100
100
180 100
3
2005 7 1 2005 9 30
1
1,347,026.08 0.0004 3,238,225,734.16 0.9343
2
3 4.93% 0.93% 4.94% 0.98% -0.01% -0.05%
3
6 2004 11 11
1969 1994 1994-2002 2002 12 2004 4 2004 5
4
81%
IPO 1.5% A P/E 10 7 2001 P/E 70 7
2006
1.
2005 9 30
2,503,258,039.96 77.12%
653,058,586.45 20.12%
80,433,495.84 2.48%
9,200,237.18 0.28%
3,245,950,359.43 100.00%
20.12%
77.12%
0.28%
2.48%
5
2.
1
15,894,363.36 0.49%
2
305,523,503.40 9.43%
3
1,026,558,359.43 31.70%
188,649,289.74 5.83%
59,021,074.08 1.82%
11,922,602.00 0.37%
58,201,888.51 1.80%
154,840,499.08 4.78%
15,449,792.02 0.48%
236,523,114.88 7.30%
127,377,135.60 3.93%
170,278,581.12 5.26%
4,294,382.40 0.13%
4 211,525,337.56 6.53%
5
6
451,584,893.39 13.95%
7
103,998,765.81 3.21%
8
51,699,805.99 1.60%
9
164,152,234.15 5.07%
10
105,759,455.52 3.27%
11
63,716,533.36 1.97%
12
13
2,844,787.99 0.09%
14
2,503,258,039.96 77.30%
3. 10
1
600519
2,319,371 114,716,089.66 3.5426%
2
600028
26,355,544 108,848,396.72 3.3614%
3
600036
16,442,277 103,421,922.33 3.1938%
4
600033
11,705,029 98,088,143.02 3.0291%
5
600900
13,076,414 97,288,520.16 3.0044%
6
600383
17,073,586 86,563,081.02 2.6732%
7
000651
8,446,639 85,142,121.12 2.6293%
8
600018
6,624,673 79,959,803.11 2.4692%
9
600009
4,321,202 67,756,447.36 2.0924%
10
600196
13,893,316 67,660,448.92 2.0894%
4.
6
1
301,236,005.40 9.3025%
2
100,690,000.00 3.1094%
3
127,452,000.00 3.9359%
4
123,680,581.05 3.8194%
653,058,586.45 20.1672%
5. 5
1 05 CP01 127,452,000.00 3.9359%
2 03 05 100,690,000.00 3.1094%
3 04 61,203,827.00 1.8900%
4 05 58,098,271.20 1.7941%
5 04 53,261,340.00 1.6448%
6.
1 10
2
3 1,315,036.50 7,586,933.80 85,836.44 212,430.44
4
1 125959 29,444,512.50 0.9093%
2 110036 28,897,907.40 0.8924%
3 125822 26,111,792.77 0.8064%
4 100726 18,483,209.50 0.5708%
5 125488 14,422,980.88 0.4454%
6 110317 5,873,280.00 0.1814%
7 100196 446,898.00 0.0138%
( )
( )
3,744,785,495.73 3,465,810,192.41 12,542,786.24 291,518,089.56
7
1
2
3
4
5
6
2005 10 24