5 1
5 2
...............................................................................................................3
...............................................................................................................3
...................................................................................................7
.................................................................................................17
.............................................................................................20
.................................................................................................26
.............................................................................................28
.............................................................................29
.........................................................................................36
.................................................................................................41
.....................................................................................42
.....................................................................................45
.................................................................................46
.................................................................................48
.....................................................................................49
.................................................................................................52
.................................................................................54
.............................................................................55
.....................................................................68
.....................................................................76
.........................................................76
.............................................................................................77
5 3
( ) ( ) ( ) ( )
5 4
5 5
5 6
5 7
5 8
10 0755-83680399
11 12
40
15
15
15
15
100
5 9
2
5 10
3
5 11
5 12
5 13
1 2 1 2 3 4 5
5 14
5 15
5 16
5 17
5 18
5 19
5 20
5 21
www.ccb.cn www.csc108.com
5 22
5 23
www.chinastock.com.cn
5 24
www.hx168.com.cn www.guosen.com.cn 3
5 25
5 26
5 27
5 28
5 29
5 30
5 31
5 32
T 1.0660 100,000 1,000,000 2,000,000 5,000,000
5 33
T 1.0660 10 000
5 34
5 35
5 36
2
5 37
5 38
A
300
PEG PE PB DCF EV/EBITDA
B
5 39
1
2
3
1
2
3
4
5
6
7
3
4
1
2
5 40
80 300 +15 +5
300 300 5 300
1
5 41
1
2
3
4
5
6
7
8
5 42
5 43
5 44
5 45
5 46
5 47
5 48
5 49
3
5 50
5 51
5 52
5 53
5 54
5 55
5 56
5 57
5 58
5 59
5 60
5 61
5 62
5 63
5 64
5 65
9 1
5 66
5 67
5 68
5 69
5 70
5 71
5 72
5 73
5 74
4 ( 4 ) 0.5% 70% 30%
5 75
5 76
5 77
