资源描述
|2022 2022 22 22Q4 25%Q4 19 14 22Q3 22Q4 4 1.5 2022 11 11(600919)(601009)(601838)(601825)(002966)(601658)(600036)(601166)/2023 02 20 021-63325888*6083 S0860514060001 BPU409 S0860522040001 2023-02-12 1 2023-02-12 2023-02-05 2.4 1.4 1.1.4 1.2 2022.5 2.7 2.1.7 2.2.8 2.3.10 3.13 3.1.13 3.2“”.15 4.18 4.1.18 4.2.19 5.20 WUCXwPqNtQnMtNmPqNpQqRbRbPaQtRoOsQoNjMpPtReRoMoP9PnNxOwMrMmOuOmPtO 3 1 2020 20.4%.4 2 0.5x.5 2 16%.5 4.5 5.7 6.7 7.8 8-22H.8 9.8 10.9 11.9 12.9 13(22H1).10 14 7%.11 15 7%.11 16.11 17 2020.11 18-22H.12 19.13 20 30.13 21.15 22.17 23.17 24.18 25.19 26.19 1 2022.6 2.13 3 2022Q3.15 4 2022 1.1.1 0.5x 2020 2020 2023 2 15 18.0%300 20.4 PB 0.50 x 16%1 2020 20.4%2019 12 31 1 Wind 5 2 0.5x 3 16%Wind Wind 22Q4 2.12%2019 2.4 2010 4 Wind 1.2 2022 2 15 19 2022 Q4 Q4 19 7 22Q3 25%0.00.51.01.52.02.53.00.00.20.40.60.81.01.21.41.6SW PB 300PB 16%0%2%4%6%8%10%12%14%16%18%0.50.550.60.650.70.750.80.850.90.9511.051.11.151.2PB X2.12%0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%6 22Q4 22 15%Q4 19 19 14 22Q3 500%1 2022 2022Q3 2022 2022Q3 2022 2022Q3 2022 2022Q3 2022 2022Q3 2022 2022Q3 2022 2022Q3 2022 5.3%4.1%14.2%15.1%8.9%9.6%9.0%8.6%17.9%18.7%0.95%0.96%456%451%3.4%3.3%12.8%11.6%9.2%6.3%7.3%-7.1%-1.27%1.27%202%201%4.1%0.5%12.1%10.5%7.0%7.8%12.1%12.5%11.4%9.9%1.10%1.09%252%236%8.7%6.2%25.8%25.3%7.0%8.1%10.8%8.7%11.0%11.8%1.03%1.05%290%290%15.2%9.7%20.2%18.1%21.4%17.4%22.3%21.3%19.5%23.2%0.77%0.75%520%505%14.9%10.7%31.3%29.4%13.2%13.8%15.1%14.6%10.9%12.0%0.96%0.94%360%362%16.5%12.2%31.8%26.1%17.5%16.2%20.3%19.3%11.5%14.5%0.77%0.77%584%565%10.2%9.6%6.2%8.0%11.7%13.6%19.8%15.3%15.8%12.1%1.16%1.16%310%311%11.5%8.6%25.9%26.1%14.7%15.8%17.7%17.5%14.9%16.6%0.88%0.88%533%531%15.4%10.6%19.0%15.5%13.7%12.7%12.5%14.5%14.4%11.5%0.86%0.86%385%388%17.2%8.8%19.9%18.2%17.8%16.7%19.4%18.8%18.4%19.3%1.32%1.29%266%281%7.6%6.1%17.1%13.2%10.3%10.6%9.4%9.3%8.7%12.6%0.96%0.94%439%445%21.9%12.2%22.4%26.9%12.3%10.2%11.8%12.7%14.6%10.7%0.98%0.98%496%471%6.6%3.0%20.7%26.6%3.4%4.8%9.2%9.2%4.4%10.1%0.86%0.81%539%553%18.6%15.1%25.2%25.4%17.7%16.7%15.4%18.8%14.2%16.8%0.78%0.81%542%537%6.7%5.0%20.6%29.4%14.8%13.9%15.9%14.5%12.5%14.0%0.94%0.95%437%441%7.0%4.3%30.1%29.5%14.5%14.0%15.7%15.2%13.5%15.2%0.90%0.89%541%520%2.0%0.1%7.2%5.7%2.5%8.7%14.6%14.4%13.0%12.6%1.17%1.20%264%241%10.6%6.5%21.3%21.0%15.0%16.6%15.5%21.0%20.4%23.3%1.15%1.08%272%283%2022Q3 Wind 7 2.22Q4 4 1.5 2.1 2022 2022 2.6 38.4%4 2022 13%3 0.5 Q4 1.5 5 6 Wind Wind 2023 2023 4 2023 050000100000150000200000()05,00010,00015,00020,00025,0001 2 3 4 5 6 7 8 9 10 11 12()2020 2021 2022 8 7 Wind 2009 249%/104%/51%42.5%/46.5%2023 8-22H 9 Wind Wind 2.2 2019 22 22 9-30-101030502010/22010/82011/22011/82012/22012/82013/22013/82014/22014/82015/22015/82016/22016/82017/22017/82018/22018/82019/22019/82020/22020/82021/22021/82022/22022/8(%):GDP:74%18%7%1%-20.0%0.0%20.0%40.0%60.0%80.0%9 21 30%35%22 36.7%22Q3 5.9 10 11 Wind Wind Q4 4 3 1200 800 12 Wind-40-2002040602010201120122013201420152016201720182019202020212022(%)010203040502019/122020/32020/62020/92020/122021/32021/62021/92021/122022/32022/62022/9(%):-20-10010203040506019/319/519/719/919/1120/220/420/620/820/1020/1221/321/521/721/921/1122/222/422/622/822/1022/12(%)10 2022 0.57%13(22H1)Wind 2.3 11 2 5 118544.1 2022 55.5%2019 52.6%2022 62.5%37.6%49.7%44.6%2 4 7 11.8%2019 2 18 96.3%0.001.002.003.004.005.006.007.000%10%20%30%40%50%60%11 14 7%15 7%Wind Wind 2022 7600 2020 3 2020 3-12 5051 2020 16 17 2020 Wind Wind 22H 30%-100.0-50.00.050.0100.0150.0200.0-500.000.00500.001000.001500.002000.002500.00 MA7-20-1001020304050602020/12020/32020/52020/72020/92020/112021/12021/32021/52021/72021/92021/112022/12022/32022/52022/72022/92022/11(%)-6,000-4,000-2,00002,0004,0006,0001 2 3 4 5 6 7 8 9 10 11 12()2019 2020 12 18-22H Wind 0%10%20%30%40%50%60%13 3.2022 11 3.1 2022 2022 24.3%26.7%30 19 20 30 Wind Wind 22 22 22H1 A 3.58%71BP 0.32%4BP+30%2 2021 22H1 2021 22H1 2021 22H1 4.79%5.47%0.24%0.31%35.3%33.1%1.85%2.98%0.20%0.25%38.5%35.9%3.39%3.97%0.36%0.36%35.7%33.0%-60-40-200204060801001202020/12020/42020/72020/102021/12021/42021/72021/102022/12022/42022/72022/10(%):01002003004005006001 2 3 4 5 6 7 8 9 10 11 12()2019 2020 2021 14 5.05%5.67%0.27%0.36%38.5%36.6%1.25%1.90%0.34%0.37%29.1%28.5%0.02%1.01%0.44%0.52%35.8%34.4%1.41%2.82%0.28%0.27%31.9%30.1%3.63%2.89%-25.9%25.4%2.75%3.83%0.40%0.52%25.8%25.0%2.66%2.99%0.26%0.33%23.6%22.7%1.08%2.15%0.49%0.51%32.9%30.2%1.23%2.56%-23.1%22.0%0.22%0.77%0.34%0.30%30.8%30.4%0.66%0.62%-19.4%18.7%0.62%0.90%-19.3%18.7%2.87%3.58%0.28%0.32%33.6%31.8%Wind 11 11 8 11 11 16 11 28 12 8 5 LPR 15BP 9 2023 1 Q3 Q4 15 21 3.2 22 2023 3 2022Q3 22Q2 22Q3 22Q2 22Q3 22Q2 22Q3 1.41%1.40%-0.01%207%207%0%2.93%2.90%-0.03%1.40%1.40%0.00%244%244%0%3.43%3.42%-0.01%1.34%1.31%-0.03%183%189%5%2.77%2.47%-0.30%1.41%1.40%-0.01%305%303%-2%4.30%4.24%-0.06%1.46%1.41%-0.05%173%182%8%2.52%2.57%0.05%0.83%0.83%0.00%409%404%-5%3.40%3.31%-0.09%0.95%0.95%0.00%454%456%2%4.32%4.34%0.02%1.31%1.27%-0.04%197%202%5%2.58%2.56%-0.02%1.73%1.74%0.01%141%141%0%2.43%2.46%0.03%1.15%1.10%-0.05%251%252%1%2.89%2.76%-0.13%1.56%1.53%-0.03%158%155%-3%2.47%2.38%-0.09%1.24%1.24%0.00%188%189%0%2.34%2.34%0.00%16 1.79%1.78%-0.01%152%153%2%2.71%2.73%0.02%1.02%1.03%0.01%290%290%0%2.95%2.99%0.04%1.49%1.47%-0.02%186%181%-5%2.77%2.66%-0.11%1.64%1.59%-0.05%195%200%5%3.20%3.18%-0.02%0.90%0.90%0.00%395%398%3%3.55%3.57%0.02%0.77%0.77%0.00%522%520%-2%4.00%4.00%0.00%1.25%1.25%0.00%302%303%1%3.77%3.78%0.01%0.98%0.96%-0.02%341%360%19%3.33%3.46%0.13%1.64%1.53%-0.11%256%259%4%4.19%3.96%-0.23%0.79%0.77%-0.02%582%584%2%4.62%4.50%-0.12%0.83%0.81%-0.02%474%498%24%3.94%4.03%0.09%1.76%1.76%0.00%155%169%14%2.73%2.98%0.25%1.33%1.32%-0.01%209%206%-3%2.78%2.72%-0.06%1.22%1.19%-0.03%210%223%13%2.56%2.64%0.08%1.18%1.16%-0.02%302%310%8%3.57%3.60%0.03%0.90%0.86%-0.04%364%385%21%3.29%3.31%0.02%1.29%1.23%-0.06%263%274%11%3.40%3.37%-0.03%0.90%0.88%-0.02%505%533%28%4.56%4.69%0.13%1.33%1.32%-0.01%263%266%3%3.51%3.52%0.01%0.96%0.96%0.00%433%439%6%4.17%4.21%0.04%0.98%0.98%0.00%496%496%0%4.87%4.87%0.00%0.87%0.86%-0.01%532%539%8%4.62%4.65%0.03%0.80%0.78%-0.02%536%542%6%4.30%4.20%-0.10%0.95%0.94%-0.01%436%437%1%4.15%4.12%-0.03%0.90%0.90%0.00%533%541%8%4.83%4.88%0.05%1.20%1.17%-0.03%262%264%2%3.14%3.09%-0.05%1.72%1.91%0.19%220%216%-4%3.78%4.12%0.34%1.23%1.23%0.00%377%361%-16%4.64%4.44%-0.20%1.20%1.15%-0.05%263%272%9%3.15%3.12%-0.03%A ll 1.3 3%1.3 1%-0.01%2 4 0%2 4 2%2%3.1 9%3.1 8%-0.0 1%1.35%1.34%-0.01%238%240%2%3.23%3.22%-0.01%1.32%1.30%-0.02%221%222%1%2.91%2.88%-0.03%1.16%1.14%-0.03%308%317%9%3.58%3.61%0.03%1.12%1.12%0.01%380%376%-4%4.24%4.22%-0.01%22Q3 22Q2 Wind 2022 3 242%2 2pct 4pct 3.18%17 500%22 23 900095001000010500110001150012000125002018 2019 2020 2021 2022 1001201401601802002202402602018/32018/62018/92018/122019/32019/62019/92019/122020/32020/62020/92020/122021/32021/62021/92021/122022/32022/62022/9(%)18 4.4.1 11 24 Wind 19 4.2 2022 2023(601658)(600036)(601166)25 1 PB 2023 2 15 2 2015 2015 Wind(600919)(601009)(601838)002966(601825)26 Wind-1.0 2.0 3.0 4.0 5.0 6.0 7.0 x10.0%12.0%14.0%16.0%18.0%20.0%2019-012019-032019-052019-072019-092019-112020-012020-032020-052020-072020-092020-112021-012021-032021-052021-072021-092021-112022-012022-032022-052022-072022-092022-11 20 5.21 21 Tabl e_Disclai mer 12/15%5%15%-5%+5%-5%5%-5%+5%-5%HeadertTabl e_Discl ai mer HeadertTabl e_Address 318 26 021-63325888 021-63326786 Tabl e_Disclai mer 前沿报告库是中国新经济产业咨询报告共享平台。行业范围涵盖新一代信息技术、5G、物联网、新能源、新材料、新消费、大健康、大数据、智能制造等新兴领域。为企事业单位、科研院所、投融资机构等提供研究和决策参考。扫一扫免费获取海量报告
展开阅读全文