资源描述
|1 2023 05 07()SAC S1110519070001 SAC S1110518080008 SAC S1110522110002 1-:BDO 2023-05-01 2-:2022 2023-04-25 3-:3 7.1%MDI TDI 2023-04-24(CBAM)CBAM CBAM(ETS)2030 ETS 2005 62%ETS 2026 WTI 7.1%71.34/1.7%/0.3%/MDI/DMF/PVC/4.7%/2.5%/2.3%/1.8%/0.8%/0.2%/PVC/VE/VA/TDI/MDI+22.4%+15.6%+15.1%DOP+9.2%+9.1%16.13%1.55%300 0.3%1.24 23+2.42%+1.46%+0.56%+0.32%+0.27%1 2 3-10%-6%-2%2%6%10%14%18%2022-05 2022-09 2023-01 300|2 1.4 2.4 2.1.4 2.2.5 2.3.6 3.6 3.1.10 3.2.11 3.3.12 3.4.13 3.5.14 3.6.15 3.7.15 3.8.16 4.16 5.18 1 A%.4 2%.5 3 A PB.6 4 A PE TTM_.6 5/.10 6/.10 7 40D/.10 8 PTA/.10 9/.10 10 POY/.10 11/.11 12-/.11 13/.11 14/.11 15/.11 16/.12 17/.12 18/.12 19/.12 20/.12 YWCXwPrMmPnMtNoNqNqPmN9P9R6MnPrRtRtQeRpPmRiNpPuMaQpPvNvPnRsQMYoMtQ|3 21/.12 22 MDI/.13 23 TDI/.13 24 PTMEG/.13 25 PO/.13 26 PP/.13 27 PC/.13 28 PVC/.14 29 PVC/.14 30/.14 31/.14 32/.14 33/.14 34/.15 35/.15 36/.15 37 R22 R134a/.15 38 R125 R32 R410a/.15 39/.16 40/.16 1.5 2.5 3 10.6 4 10.6 5/.7 6.8 7.16 8.18|4 1.1 2023.05.05(CBAM)CBAM CBAM(ETS)2030 ETS 2005 62%ETS 2026 2 2023.05.05 bp Gasunie Nowega NWO Salzgitter Thyssengas Uniper 1 2 3-3 2023.05.05,1 4 2023.05.04 2023 119 22%5 2023.05.04(2023 2035)2025 3000 5 2035 2.2.1.1.55%300 0.3%1.24 23 1 A%wind 6.9%5.1%5.0%3.2%3.0%2.9%1.9%1.8%1.4%0.8%0.6%0.4%0.3%0.2%-0.1%-0.5%-0.6%-1.0%-1.0%-1.4%-1.4%-1.5%-1.5%-1.6%-1.7%-1.9%-2.8%-3.0%-3.4%-3.4%-11%-9%-7%-5%-3%-1%1%3%5%7%9%|5+2.42%+1.46%+0.56%+0.32%+0.27%2%wind 2.2.+11.65%+10.94%+9.35%+7.23%+6.92%+5.86%+5.73%+5.64%+5.62%+5.2%1(/)(%)(%)(%)(%)603227 9.39 11.65 11.65 9.57 13.27 300538 16.32 10.94 10.94-1.27 57.07 603722 57.08 9.35 9.35 16.49 47.84 603725 7.56 7.23 7.23 5.88 9.41 603683 9.43 6.92 6.92 0.53 18.77 002145 6.68 5.86 5.86 2.93 8.44 000589 5.72 5.73 5.73 11.94 19.42 603133 7.87 5.64 5.64-35.23-34.58 002215 8.27 5.62 5.62 11.76 56.93 002092 6.88 5.20 5.20-5.10-7.77 wind-18.85%-16.78%-12.47%-11.04%-11%-10.01%ST-9.77%-9.49%-9.43%-9.09%2(/)(%)(%)(%)(%)688350 16.27-18.85-18.85-22.23-1.03 300684 21.97-16.78-16.78 23.84 48.35 605366 12.63-12.47-12.47-22.28-14.20 300731 17.33-11.04-11.04-5.61 3.40 002669 11.57-11.00-11.00-18.86-10.10 603681 15.65-10.01-10.01-27.91-26.80 600078 ST 9.05-9.77-9.77-23.31-22.12 603217 25.07-9.49-9.49-18.13-19.57 603585 16.23-9.43-9.43-10.23-8.46 000830 10.90-9.09-9.09-20.15-12.03 wind|6 2.3.PB 2.33 A PB 1.55 PE 18.71 A PE 14.47 3 A PB 4 A PE TTM_ wind wind 3.338 34 92 212 65 33 20 12 3 10 23/05/05/12 9.8 22.45%-4.00%/8500 7350 15.65%3.66%/10500 9125 15.07%8.25%DOP/10650 9750 9.23%8.67%/9600 8800 9.09%-5.88%/7600 7000 8.57%1.33%/51.5 47.5 8.42%77.59%/8000 7500 6.67%-33.33%/15.9 15.2 4.61%-69.71%/9700 9300 4.30%-7.62%Wind 4 10 23/05/05/750 1150-34.78%-34.78%/79 96-17.71%-/2125 2550-16.67%-4.49%/930 1110-16.22%16.25%Texas$/Mbtu 1.65 1.96-15.82%-42.31%LNG$/Mbtu 9.88 11.29-12.49%-53.13%/14.5 16-9.38%-14.71%/1550 1700-8.82%-28.24%/3400 3700-8.11%-31.31%/61.15 66.46-7.99%-6.68%Wind|7 5/2023/05/05-(185)(160)-755 556 35.64%3.24%A-1848 1848 0.00%-21.40%PTA-PX 20 210-90.48%-92.31%-188 105 78.92%-8.97%-388 395-1.77%-920 910 1.10%5.50%-352 325 8.31%70.87%-1669 1616 3.26%20.33%PVA-6822 6822 0.00%2.59%DMF-1436 1530-6.14%89.45%PVC-(1729)(1707)-PVC-2989 2904 2.94%-12.04%-1667 1769-5.78%-3.86%-2042 2094-2.49%8.39%-4274 4057 5.35%207.04%MDI-5653 5932-4.70%-22.28%MDI-10070 10288-2.12%-0.27%MDI-9253 9182 0.77%-8.14%MDI-13670 13538 0.97%5.99%TDI-15197 15140 0.38%2.37%BDO-3825 3605 6.10%27.50%-4120 3778 9.05%32.48%-3000 2810 6.76%4.90%-PTA-699 603 15.88%-32.39%POY-PTA-1117 1016 9.88%-26.53%FDY-PTA-2167 2066 4.86%-21.78%-4870 4870 0.00%4.51%-37370 37300 0.19%1.83%-MDI-PTMEG 14442 14442 0.00%-10.65%PA6-8067 8067 0.00%-19.19%PA66-21584 21700-0.53%-8.03%-7700 7700 0.00%1.64%-3241 3089 4.94%12.23%-400 700-42.86%-2850 3250-12.31%522.27%ABS-2313 2231 3.69%-20.13%PC-A 6160 6060 1.65%-16.70%POM-10128 10370-2.33%1.85%BOPET-1484 1409 5.32%-20.30%PBAT-PTA-BDO-AA 2928 2932-0.14%-70.00%-890 768 15.89%21.25%-(423)(423)-2340 2340 0.00%37.65%-3220 3371-4.47%-6.44%()-553 587-5.79%-30.30%()-1195 1179 1.36%73.50%488 465 4.81%38.55%-154 154 0.00%31.31%-1025 971 5.56%23.49%-1981 1838 7.82%-|8-15576 15488 0.57%-53.26%-CCMP 41000 46000-10.87%-38.81%-9510 9510 0.00%18.58%-3670 3670 0.00%37.45%R22-11225 10587 6.02%23.74%R32-2280 2100 8.57%307.14%R125-8024 9024-11.08%-17.28%R134a-7564 7564 0.00%59.65%R410a-R125-R32 0(500)-DMC-3904 3898 0.17%0.31%-(3949)(3758)-(489)(498)-DOP-704 698 0.85%120.06%EVA-12371 12895-4.07%-6.11%-/6 16 5 1 2 3 3 2 60%PVC PVC 0.8%PVC 59.42%1.75 PVC 4.7%2.5%2023 18 3455 375 2832 24 1327 12 1350 2 155 93.03%70%4840.6 5 5 3875.3 80.06%5 5 10170 8610 84.66%VA VA VA VA VE VE VE 0.3%74%|9 0.2%57.32%59.23%54.12%84.23%54.29%74%9 5-8 7 5-6 4-5 4-5 4-5 4-5 4-5 5-7 3-5 3 16.73 0.06 5 5 16.56 0.34 79.37%0.73%80.62%1.05%75.76%0.19%37.82%1.69%61.46%0.48%MDI MDI 2.3%MDI MDI 59/6 7 MDI 12.7 7/13/MDI 5 6 20/MDI 7-7.5 TPU 5-6 TPU 3-4 3-4 TDI TDI 12 5 5+3 10 TDI 2023 2 1 5 1.7%82.88%6.5%DMF DMF 1.8%DMF 15207 DMF DMF DMF wind 23/05/05|10 3.1.1.5D 1.29/120D 4.36/40D 3.3/PTA 5960/3.1%7200/1%POY150D 7650/0.6%1.5D 1.71/5/6/7 40D/8 PTA/9/10 POY/|11 11/3.2.()2330/55%2800/1.8%-64%3790/60%3200/50%3750/3.8%12-/13/14/15/2.9/8/3.6%2.3/9.3/5.1%2.4/|12 16/17/18/19/20/21/3.3.MDI MDI 1.86/MDI 1.5/2.3%TDI TDI 1.96/PTMEG 1800 PTMEG 1.95/PO 1/3.1%PC 1.53/0.7%|13 22 MDI/23 TDI/，24 PTMEG/25 PO/，26 PP/27 PC/，3.4.PVC 5875/0.8%PVC 6250/2525/4.7%2900/2.5%010000200003000040000500006000011/0111/0611/1112/0412/0913/0213/0713/1214/0514/1015/0315/0816/0116/0616/1117/0417/0918/0218/0718/1219/0519/1020/0320/0821/0121/0621/1122/0422/0923/02/TDI 0500010000150002000025000300003500040000450005000011/0111/0611/1112/0412/0913/0213/0713/1214/0514/1015/0315/0816/0116/0616/1117/0417/0918/0218/0718/1219/0519/1020/0320/0821/0121/0621/1122/0422/0923/02/PTMEG 1800 050001000015000200002500014/0514/1015/0315/0816/0116/0616/1117/0417/0918/0218/0718/1219/0519/1020/0320/0821/0121/0621/1122/0422/0923/02/-02000400060008000100001200014000160001800011/0111/0611/1112/0412/0913/0213/0713/1214/0514/1015/0315/0816/0116/0616/1117/0417/0918/0218/0718/1219/0519/1020/0320/0821/0121/0621/1122/0422/0923/02/PP-T30S|14 28 PVC/29 PVC/，30/31/，3.5.1.15/1.2/0.8%1.13/0.75/5.1%NS 2.6/CZ 2.15/32/33/|15 34/35/3.6.2400/1.65/36/3.7.R22 R22 1.95/R134a R134a 2.45/R125 R125 2.5/3.8%R32 R32 1.5/R410a R410a 2/37 R22 R134a/38 R125 R32 R410a/|16 3.8.DMC 1.55/ECT300%23/WNN 21/39/40/4.7 600309.SH 2023 419.39 0.37%40.53 24.58%23Q1 MDI Q1 23-25 TDI MDI ADI 600426.SH 2023 60.53 25.41%7.82 67.82%2022 20 6 66 3 480t/h 002001.SZ 2023 36.12 16.15%6.43 46.55%+600486.SH 2023 45.0 14.58%7.54 16.59%42 28.28+002643.SZ 2023 10.33 24.66%1.77 24.15%1 6000 2000 2 OLED 300037.SZ 2023 16.47 39.27%2.46 52.01%2022 2023 2021 2022 2023 300019.SZ 2023 5.31 20.75%0.55 28.89%2 2 002064.SZ 2023 61.92 15.10%6.31 53.65%|17 301035.SZ 2023 22.33 28.4%1.83 52.83%23 2022 12 31 300 4,900 Sarabia 131 688106.SH 2023 5.18 16.25%0.60 55.46%2021 24000/5000/268/2022 5 2023 3 1700 1000 002597.SZ 2023 13.84 27.10%2.45 44.49%2021 24000/5000/268/688269.SH 2023 4.95 59.61%0.41 25.77%2023 A 10.75 PVC 688639.SH 2023 4.0 48.02%0.81 47.03%2022 5 5 PDO 5 20 A 000553.SZ 2023 86.11 4.50%0.83 80.53%Q2 Q3 603599.SH 2023 19.26 6.35%5.21 8.43%wind 2023|18 8 EPS PE 22 23E 24E 22 23E 24E 22 23E 24E 600309.SH 90.11 2829.2 31.4 162.3 182.3 239.1 5.2 5.8 7.6 17.4 15.5 11.8 600426.SH 30.79 653.8 21.2 62.9 74.9 102.6 3.0 3.5 4.8 10.4 8.7 6.4 002001.SZ 16.59 512.8 30.9 36.2 53.6 63.5 1.2 1.7 2.1 14.2 9.5 8.1 600486.SH 90.26 279.7 3.1 17.9 18.1 21.9 5.8 5.8 7.1 15.6 15.5 12.8 002643.SZ 17.47 162.5 9.3 7.2 11.0 13.9 0.8 1.2 1.5 22.1 14.8 11.6 300037.SZ 46.77 348.8 7.5 17.6 23.5 27.3 2.4 3.2 3.7 19.7 14.8 12.7 301035.SZ 75.5 209.2 2.8 14.1 15.3 16.9 5.1 5.5 6.1 14.7 13.7 12.4 688106.SH 27.66 134.3 4.9 2.3 3.8 4.8 0.5 0.8 1.0 58.9 35.0 27.9 002597.SZ 25.34 142.1 5.6 17.0 19.6 21.5 3.0 3.9 4.2 8.4 6.5 6.0 688269.SH 62.7 82.0 1.3 2.2 3.2 4.0 1.7 2.5 3.1 37.1 25.5 20.5 603155.SH 25.28 57.0 2.3 3.0 5.8 6.9 1.3 2.6 3.1 18.9 9.8 8.3 A 000553.SZ 8.43 188.2 23.3 6.1 6.4 6.9 0.3 0.3 0.3 32.4 30.1 28.1 688639.SH 153.2 166.1 1.1 3.2 4.7 6.6 2.9 4.3 6.1 52.1 35.6 25.3 wind 2023/05/05 5.1 2 3|19/6 300 6 300 20%10%-20%-10%-10%-10%5%-5%-5%-5%36 100031 3 A 23 2301 570102(0898)-65365390 6 4 200086(8621)-65055515(8621)-61069806 5033 71 518000(86755)-23915663(86755)-82571995 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
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