2013 1 42 2013 2013 6 302013 2
2013 3
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.................................................................................................................................... 422013 5
373020
373020
2008 5 21 358,794,191.15 1 P/E P/CFPS P/S P/B DCF 12013 6
2 3 4 DCF Multiple 2 12013 7
2 3 -
3 Black-Scholes Pricing
Model(BSPM) 4 52013 8
300 50% 50%
2013 9
3.1.1 2013 1 1 2013 6 30 63,567,294.06
86,290,644.41
0.2435
20.49%
23.93%
3.1.2 62,541,792.12
0.1743
459,014,580.40
1.2793
3.1.3 38.96%
-4.67% 1.64% -7.61% 0.93% 2.94% 0.71%
6.50% 1.48% -5.48% 0.73% 11.98% 0.75%2013 10
23.93% 1.30% -5.54% 0.75% 29.47% 0.55%
24.72% 1.14% -3.66% 0.68% 28.38% 0.46%
20.63% 1.04% -2.12% 0.69% 22.75% 0.35%
27.93% 1.06% -9.42% 0.91% 37.35% 0.15%
2013 11
2009-10-24 - 14 1999 7 2002 9
2002 10 2005 5 2005 5 2009
7 2009 7 2009 102013 12
2010 12 2013 72013 13
2013 14
2013 15
2013 6.4.7.1 19,388,790.74 26,223,633.21
1,554,941.41 1,318,348.66
234,386.04 514,940.49
6.4.7.2 438,146,715.85 410,226,679.56
313,721,145.35 298,136,224.28
- -
124,425,570.50 112,090,455.28
- -
6.4.7.3 - -
6.4.7.4 - -
573,629.57 4,125,522.95
6.4.7.5 2,615,383.96 1,486,962.50
- -
918,232.52 22,847.84
- -
6.4.7.6 - -
463,432,080.09 443,918,935.21
- -2013 16
- -
6.4.7.3 - -
- -
- 3,355,723.15
1,946,632.75 1,328,276.99
574,007.29 529,062.43
95,667.90 88,177.07
- -
6.4.7.7 693,585.40 591,834.69
671,103.28 667,736.28
- -
- -
- -
6.4.7.8 436,503.07 615,097.08
4,417,499.69 7,175,907.69
6.4.7.9 358,794,191.15 423,060,781.52
6.4.7.10 100,220,389.25 13,682,246.00
459,014,580.40 436,743,027.52
463,432,080.09 443,918,935.21
92,237,124.84 34,552,496.91
1. 2,228,229.66 2,844,477.47
6.4.7.11 112,643.31 116,973.38
2,115,586.35 2,727,504.09
- -
- -
- -
2. - 67,217,196.91 -29,086,128.282013 17
6.4.7.12 62,089,497.46 -29,652,769.98
- -
6.4.7.13 3,823,604.40 -1,009,210.76
- -
6.4.7.14 - -
6.4.7.15 1,304,095.05 1,575,852.46
3. - 6.4.7.16 22,723,350.35 60,784,209.21
4. - -
5. - 6.4.7.17 68,347.92 9,938.51
5,946,480.43 6,761,490.16
1 3,118,545.86 3,574,452.47
2 519,757.69 595,742.09
3 - -
4 6.4.7.18 2,086,471.92 2,371,214.12
5 19,997.91 19,835.74
19,997.91 19,835.74
6 6.4.7.19 201,707.05 200,245.74
- 86,290,644.41 27,791,006.75
- -
- 86,290,644.41 27,791,006.75
2013 1 1 2013 6 30 423,060,781.52 13,682,246.00 436,743,027.52
- 86,290,644.41 86,290,644.41
-64,266,590.37 247,498.84 -64,019,091.532013 18
86,481,376.02 22,903,353.59 109,384,729.61
-150,747,966.39 -22,655,854.75 -173,403,821.14
- - -
358,794,191.15 100,220,389.25 459,014,580.40
2012 1 1 2012 6 30 513,801,556.82 -17,523,045.87 496,278,510.95
- 27,791,006.75 27,791,006.75
-73,911,149.66 1,048,228.08 -72,862,921.58
9,841,012.91 -8,766.87 9,832,246.04
-83,752,162.57 1,056,994.95 -82,695,167.62
- - -
439,890,407.16 11,316,188.96 451,206,596.12
6.1 6.42013 19
2013 8 262013 20
2013 21
19,388,790.74
-
-
19,388,790.74
254,182,100.80 313,721,145.35 59,539,044.55
105,212,587.10 104,300,570.50 -912,016.60
19,992,140.00 20,125,000.00 132,860.00
125,204,727.10 124,425,570.50 -779,156.60
- - -
- - -
- - -
379,386,827.90 438,146,715.85 58,759,887.95
5,228.98
-
-
699.80
2,609,349.68
-
-
105.50
2,615,383.96
2013 22
693,585.40
-
693,585.40
250,000.00
5,503.07
-
-
181,000.00
-
436,503.07
423,060,781.52 423,060,781.52
86,481,376.02 86,481,376.02
-150,747,966.39 -150,747,966.39
358,794,191.15 358,794,191.15
-1,768,649.80 15,450,895.80 13,682,246.00
63,567,294.06 22,723,350.35 86,290,644.41
743,147.86 -495,649.02 247,498.84
8,464,924.74 14,438,428.85 22,903,353.59
-7,721,776.88 -14,934,077.87 -22,655,854.75
- - -
62,541,792.12 37,678,597.13 100,220,389.252013 23
102,084.71
-
-
8,734.42
1,824.18
112,643.31
713,490,940.02
651,401,442.56
62,089,497.46
107,671,808.35
102,400,092.51
1,448,111.44
3,823,604.40
1,304,095.05
-
1,304,095.05
2013 24
22,723,350.35
24,228,488.35
-1,505,138.00
-
-
-
-
-
22,723,350.35
55,996.33
12,351.59
68,347.92
2,086,296.92
175.00
2,086,471.92
32,232.48
148,767.52
2,307.05
18,000.00
400.00
201,707.05
2013 25
3,118,545.86 3,574,452.47
477,999.50 422,722.54
519,757.69 595,742.09
2013 26
19,388,790.74 102,084.71 16,636,527.74 104,911.31
002236 2013-05-29 2014-06-02
33.60 33.98 160,000 5,376,000.00 5,436,800.00 -
300027 2013-06-05
28.55 2013-07-24 31.41 254,131 7,384,709.06 7,255,440.05 -
300133 2013-05-28
23.88 2013-07-30 26.87 204,936 3,561,966.33 4,893,871.68 -
2013 27
2013 28
6.4.13.2.1 2013 6 30 2012 12 31 - -
- -
9,968,000.00 19,992,000.00
9,968,000.00 19,992,000.00
6.4.13.2.2 2013 6 30 2012 12 31 21,575,900.50 33,226,959.80
7,436,537.00 5,163,153.40
59,563,182.60 42,120,251.00
0.00 6,297,644.18
25,881,950.40 5,290,446.90
114,457,570.50 92,098,455.28
2013 29
3 3 1 1 5 5 2013 06
30 19,388,790.74 - - - - 19,388,790.74
1,554,941.41 - - - - 1,554,941.41
234,386.04 - - - - 234,386.04
17,960,000.00 5,284,100.00 84,206,700.10 16,974,770.40 313,721,145.35 438,146,715.85
- - - - 573,629.57 573,629.57
- - - - 2,615,383.96 2,615,383.96
5,763.65 - - - 912,468.87 918,232.52
39,143,881.84 5,284,100.00 84,206,700.10 16,974,770.40 317,822,627.75 463,432,080.09
- - - - - -
- - - - 1,946,632.75 1,946,632.75
- - - - 574,007.29 574,007.292013 30
- - - - 95,667.90 95,667.90
- - - - 693,585.40 693,585.40
- - - - 671,103.28 671,103.28
- - - - 436,503.07 436,503.07
0 0 0 0 4,417,499.69 4,417,499.69
39,143,881.84 5,284,100.00 84,206,700.10 16,974,770.40 313,405,128.06 459,014,580.40
3 3 1 1 5 5 2012 12
31 26,223,633.21 - - - - 26,223,633.21
1,318,348.66 - - - - 1,318,348.66
- - - - 514,940.49 514,940.49
- 28,295,200.00 66,282,108.38 17,513,146.90 298,136,224.28 410,226,679.56
- - - - 4,125,522.95 4,125,522.95
- - - 1,486,962.50 1,486,962.50
2,882.71 - - - 19,965.13 22,847.84
27,544,864.58 28,295,200.00 66,282,108.38 17,513,146.90 304,283,615.35 443,918,935.21
- - - - 3,355,723.15 3,355,723.15
- - - - 1,328,276.99 1,328,276.99
- - - - 529,062.43 529,062.43
- - - - 88,177.07 88,177.07
- - - - 591,834.69 591,834.69
- - - - 667,736.28 667,736.28
- - - - 615,097.08 615,097.08
- - - - 7,175,907.69 7,175,907.69
27,544,864.58 28,295,200.00 66,282,108.38 17,513,146.90 297,107,707.66 436,743,027.522013 31
109 91
110 92
2013 32
313,721,145.35 68.35 298,136,224.28 68.26
- - - -
- - - -
313,721,145.35 68.35 298,136,224.28 68.26
6.4.13.4.3.2 2,754 2,382
2,754 2,382
6.4.14 % 1 313,721,145.35 67.70
313,721,145.35 67.70
2 - -
3 124,425,570.50 26.852013 33
124,425,570.50 26.85
- -
4 - -
5 - -
- -
6 20,943,732.15 4.52
7 4,341,632.09 0.94
8 463,432,080.09 100.00
2013 6 30 459,014,580.40
1.2793 1.3803 A - -
B 6,300,545.16 1.37
C 250,110,355.00 54.49
D - -
E 9,233,894.11 2.01
F - -
G - -
H - -
I 9,605,203.00 2.09
J - -
K 2,139,173.85 0.47
L - -
M - -
N 18,277,674.24 3.98
O - -
P - -
Q - -
R 18,054,299.99 3.93
S - -2013 34
313,721,145.35 68.35
1 002236 742,190 27,693,923.70 6.03
2 002353 344,885 23,797,065.00 5.18
3 002241 491,981 17,853,990.49 3.89
4 300070 473,093 17,826,144.24 3.88
5 002450 549,298 15,369,358.04 3.35
6 002038 209,789 12,293,635.40 2.68
7 000661 117,215 11,476,520.65 2.50
8 600519 49,564 9,534,626.68 2.08
9 000800 694,400 8,541,120.00 1.86
10 300054 482,821 8,299,692.99 1.81
11 300273 382,198 8,186,681.16 1.78
12 600535 200,494 7,849,340.10 1.71
13 600703 382,353 7,509,412.92 1.64
14 600867 494,340 7,360,722.60 1.60
15 601633 207,760 7,358,859.20 1.60
16 002324 470,507 7,349,319.34 1.60
17 300027 254,131 7,255,440.05 1.58
18 300315 219,400 7,235,812.00 1.58
19 002140 272,031 6,749,089.11 1.47
20 600276 248,000 6,537,280.00 1.42
21 300157 182,202 6,300,545.16 1.37
22 300088 287,831 6,070,355.79 1.32
23 002005 645,400 6,002,220.00 1.31
24 600594 169,892 5,251,361.72 1.14
25 300133 204,936 4,893,871.68 1.07
26 300072 291,590 4,680,019.50 1.02
27 000895 119,448 4,591,581.12 1.00
28 300228 54,752 4,380,160.00 0.95
29 300322 239,907 4,330,321.35 0.94
30 300263 216,461 3,556,454.23 0.77
31 600388 152,316 3,453,003.72 0.75
32 600880 189,102 3,333,868.26 0.73
33 600372 151,824 3,180,712.80 0.69
34 300136 125,658 3,053,489.40 0.672013 35
35 300115 87,271 2,804,889.94 0.61
36 300291 72,000 2,571,120.00 0.56
37 300055 63,550 2,484,805.00 0.54
38 600406 158,700 2,369,391.00 0.52
39 002570 83,520 2,334,384.00 0.51
40 600079 86,672 2,260,405.76 0.49
41 002029 300,000 2,145,000.00 0.47
42 000671 180,521 2,139,173.85 0.47
43 600252 146,805 2,037,653.40 0.44
44 300274 121,700 1,966,672.00 0.43
45 300032 58,900 1,000,122.00 0.22
46 000888 A 29,000 451,530.00 0.10
2% 20 1 300027 15,514,376.54 3.55
2 600837 14,676,016.00 3.36
3 002450 13,432,430.06 3.08
4 000024 13,365,780.42 3.06
5 600519 12,368,072.10 2.83
6 300070 11,476,135.85 2.63
7 000800 11,250,973.46 2.58
8 000400 10,936,360.39 2.50
9 002106 10,433,787.60 2.39
10 601166 10,393,611.46 2.38
11 002038 10,281,885.47 2.35
12 002005 9,669,382.77 2.21
13 600809 9,538,062.62 2.18
14 000001 9,483,559.83 2.17
15 600016 8,757,818.00 2.01
16 002456 8,756,351.12 2.00
17 300072 8,747,782.28 2.00
18 000895 8,622,883.77 1.97
19 300315 8,489,047.78 1.94
20 300136 8,451,992.04 1.94
2013 36
1 000024 17,233,091.37 3.95
2 000049 15,742,130.54 3.60
3 002456 13,400,593.49 3.07
4 600016 13,190,920.72 3.02
5 600837 12,803,937.43 2.93
6 002241 11,787,995.29 2.70
7 300070 11,750,322.65 2.69
8 000400 11,559,378.18 2.65
9 601633 11,026,378.70 2.52
10 601166 11,009,154.00 2.52
11 002106 10,025,901.47 2.30
12 002400 9,463,742.66 2.17
13 300072 9,217,080.78 2.11
14 600809 8,973,546.25 2.05
15 000001 8,960,213.35 2.05
16 002146 8,454,551.22 1.94
17 002148 8,299,611.35 1.90
18 300027 8,163,482.26 1.87
19 002612 8,126,721.75 1.86
20 300115 7,828,249.50 1.79
642,757,875.28
713,490,940.02
1 25,881,950.40 5.64
2 - -
3 9,968,000.00 2.172013 37
9,968,000.00 2.17
4 63,588,659.60 13.85
5 - -
6 - -
7 24,986,960.50 5.44
8 - -
9 124,425,570.50 27.11
1 110022 100,000 12,963,000.00 2.82
2 010107 21 120,010 12,605,850.40 2.75
3 122216 12 110,000 11,033,000.00 2.40
4 1080139 10 100,000 10,157,000.00 2.21
5 120314 12 14 100,000 9,968,000.00 2.17
2013 38
1 234,386.04
2 573,629.57
3 -
4 2,615,383.96
5 918,232.52
6 -
7 -
8 -
9 4,341,632.09
1 110022 12,963,000.00 2.82
2 110018 6,448,800.00 1.40
3 125887 2,212,140.00 0.48
4 110015 2,163,099.40 0.47
5 110020 1,198,920.00 0.26
6 113001 1,001.10 0.00
1 002236 5,436,800.00 1.18
15,749 22,782.03 19,305,535.34 5.38% 339,488,655.81 94.62%2013 39
1,423,318,139.20
423,060,781.52
86,481,376.02
150,747,966.39
-
358,794,191.15
2013 40
10.7.1 1 837,182,596.73 61.97% 752,165.60 61.66% 1 328,951,018.21 24.35% 299,476.03 24.55% 1 184,739,200.36 13.68% 168,186.70 13.79% 1 - - - - 1. 2.2013 41
1 , 2 , 3 , 4 , , 5 , , 3. 1 2 4. 2013 10.7.2 20,386,521.11 9.83% - - - -
148,620,956.90 71.68% - - - -
38,336,072.06 18.49% 25,000,000.00 100.00% - -
- 0.00% - - - -
1
2013-02-08
2
2013-04-19
3
2013-05-09
4 2013-05-152013 42
5
300088 2013-05-18
6
2013-05-31
7
300133 2013-06-26