资源描述
1 2023 06 14 AI-A 002920 132-A 300496 110.5-A Wind%1M 3M 12M 13.5 15.1 45.4 11.6 12.0 36.9 SAC S1450522040001 SAC S1450523040001 SAC S1450523050001 2023-06-11 AI 2023-06-05 C919 2023-05-29 2023-05-22 I/O AI 2023-05-15 1 5 233 238 9.4%10.3%21.1%27.9%2 6 2 L2+2021Q1 L2 15%30%60 150 2022 1-10 L2+/L2+42.14 2.65%2023 L2+L2 L2+2023 40 L2+2023 Q1 Q1 34834 6260 2000 2020 8.94-17%-7%3%13%23%33%2022-06 2022-10 2023-02 2023-06 300 2/8155 8295 DMS AI 120 CARIAD 2023 0 1 1 2 3 XVDWuNrMnOqRtNsRmRtMqR6M8QaQsQmMmOoNiNmMqOjMoPsPbRnNvMNZpOtRNZmOsM 3/1.AI.6 2.10 2.1.10 2.1.1.10 2.1.2.C1200.11 2.1.3.&.11 2.2.12 2.2.1.12 2.2.2.12 2.2.3.13 2.2.4.13 2.2.5.15 2.3.Tier 1.15 2.3.1.Apollo+15 2.3.2.16 2.3.3.16 2.3.4.Minieye.17 2.3.5.SoC L2+.17 2.3.6.Smart Solution 2.0 17 2.3.7.18 2.4.18 2.4.1.1550.18 2.4.2.19 2.4.3.LDSatellite.19 2.4.4.Flash.20 2.5.4D.20 2.5.1.+.20 2.5.2.4D ART.21 3.22 3.1.22 3.2.23 3.3.25 3.4.26 3.5.28 3.6.29 3.7.30 3.8.31 3.9.32 4/1.2021Q1 2022Q3 L2.7 2.7 3.8 4.9 5.120.10 6.10 7.BPU.10 8.A1000 V09.11 9.11 10.Thor.11 11.Flex.11 12.12 13.12 14.12 15.12 16.13 17.13 18.SoC MCU TPMS AMP.13 19.VisDrive.14 20.Tahoe.14 21.15 22.15 23.Apollo.15 24.KargoBot.16 25.DiDi Neuron.16 26.Amphiman 8000.16 27.Trinity 3000.16 28.17 29.17 30.3.17 31.3.17 32.Smart Solution 2.0.18 33.18 34.18 35.18 36.Falcon.19 37.OmniVid.19 38.19 39.AD2-s.19 40.LDSatellite.20 41.20 42.WLR-739 128.20 43.20 5/44.4D.21 45.21 46.ART.21 47.ART.21 48.2017-2022.22 49.Smart Solution 2.0.22 50.OS.22 51.2017-2022.23 52.23 53.4.0.24 54.2018-2022.25 55.25 56.25 57.2018-2022.26 58.26 59.27 60.2018-2022.28 61.ADAS.28 62.ADAS.28 63.2018-2022.29 64.29 65.2018-2022.30 66.30 67.2018-2022.31 68.31 69.2018-2022.32 70.32 1 2023.6 2.33 6/1.AI 1 5 233 238 9.4%10.3%21.1%27.9%2 6 2 1 L2+2 3 4 1 2023/S7 6 0 3 8155 NID 11 13 3 6 990A MDC810 L2 10 0 5 8155 5 L2.9 X 5 0 5 8155 Mobileye LCC+ACC L2 08 10 1 5 ES 6 1 5 8295 3 Hyper GT 12 3 6 8155 NXP S32G3 L2+U8 12 3 5 L2 N7 9 2 5 A7870 Orin L2+MAX 5 0 5 8155 L2+8 2 5 8155 5 L2+G6 13 2 5 8155 Orin XNGP GT 5 0 5 8155 3 ES6 11/9 1 5 8155 Orin L7 10 1 1 8155 Orin/5 L2+2021Q1 L2 15%30%60 150 2022 1-10 L2+/L2+42.14 2.65%2023 7/L2+L2 L2+1.2021Q1 2022Q3 L2 2023 40 L2+2023 Q1 Q1 34834 6260 2000 2020 8.94 2.8/8155 8295 DMS AI 3.120 CARIAD 2023 0 1 9/4.10/2.2.1.2.1.1.AI 2023 300 50 120 20 30 Tier 1 40 5.120 6.2023 2023 BPU AI 2023 BPU Transformer BPU AI 7.BPU 11/2.1.2.C1200 C1200 4 7 C1200 1 A1000 BEV L3 2 Extreme Speed Data Exchange Infrastructure(ESDE)C1200 CMS 8.A1000 V09 9.2.1.3.&2022 9 Thor Flex 2000TOPS Thor SOC 770 CPU GPU Transformer Snapdragon Ride Flex SoC Mid High Premium Ride Flex Premium SoC AI 2000TOPS 2025 E/E 10.Thor 11.Flex 12/2.2.2.2.1.2023 E-Cockpit 7.0 HMI Kanzi On CARIAD RazorDCX Pantanal Snapdragon Ride A 29 ADAS RoadEye 12.13.2023 ThunderSoft 2.2.2.AIGC 1 Air Touch AR K SenseChat 2 3000 14.15.13/16.2.2.3.1 L2 OneMap 2 ADAS L2+3 SoC MCU TPMS AMP SOC-AC8015 MCU-AC7840 x 17.18.SoC MCU TPMS AMP 2023 2.2.4.VisDrive DMS OMS Authenticate Interact Entertainment ADAS AVM AR HUD Night Hawk Tahoe AI DMS OMS 14/19.VisDrive 20.Tahoe 15/2.2.5.2023 KCarOS 1 KCarOS IP 2 AI 21.22.2.3.Tier 1 2.3.1.Apollo+2023 4 Apollo Cloud 2.0 Apollo UniBEV BEV Apollo City Driving Max Apollo Highway Driving Pro Apollo Parking Free Apollo Highway Driving Pro Apollo Apollo 23.Apollo Apollo 16/2.3.2.2023 KargoBot DiDi Neuron XC90 KargoOne L4 L4 KargoBot 100 3 KargoBot 1 24.KargoBot 25.DiDi Neuron 2023 2023 2.3.3.Amphiman 3000 Amphiman 8000 Trinity 3000 Trinity 8000 Trinity 3000 X9U Amphiman 3000 X9U,3 Trinity 8000 NGP Drop nGo 3.0 21 30 26.Amphiman 8000 27.Trinity 3000 17/2.3.4.Minieye Minieye L2+DMS 1 iPilot iSafety/2 iCabin 1 iCabin 1 plus DMS 28.29.2.3.5.SoC L2+3 BEV 3 3 3 SoC L2+30.3 31.3 2.3.6.Smart Solution 2.0 Tier 1 Smart Solution 2.0 ICPAurora+iBCM DeasySV AR-HUD 18/DS06C DS06C HUD 360 DMS 32.Smart Solution 2.0 33.2023 DESAYSV 2.3.7.ADS 2.0 1 ADS 2.0 ADS 2.0 2 3.0 5 3 iDVP 34.35.2023 2.4.2.4.1.1550 Falcon 1550nm 10%250 0.05 x0.05 ET7 ES7 ET5 905nm Robin-W-E OmniVid 19/36.Falcon 37.OmniVid Innovusion Innovusion 2.4.2.512 2D AD2-s 200m 256 120 x25.6 38.39.AD2-s 2023 2023 2.4.3.LDSatellite LDSatellite Flash 360 L2/L2+20/40.LDSatellite 41.2.4.4.Flash 128 16 360 32 MEMS 168 42.WLR-739 128 43.2.5.4D 2.5.1.+2023 2 2 4D STA77-6 L7 4D 77GHz STA77-5S MIMO DBF 280 4D ACCAEB+21/44.4D 45.2.5.2.4D ART ART PCB+4D 4D 46.ART 47.ART 22/3.3.1.Tier 1 Tier1 2022 149.33 56.05%11.84 42.13%1 2 3 4 Tier2 48.2017-2022 Wind 49.Smart Solution 2.0 50.OS 2023 60.154.09 53.3767.9995.69149.336.164.162.925.188.3311.845.85%-10.01%-1.32%27.39%40.75%56.05%4.43%-32.50%-29.79%77.36%60.75%42.13%-40%-20%0%20%40%60%80%100%0.020.040.060.080.0100.0120.0140.0160.02017 2018 2019 2020 2021 2022 23/3.2.ARM 2008 2022 54.45 31.96%7.688 18.77%1 8155 8295 Kanzione 2 Cariad AI Tier1 3 8540 RazorDCXTakla RazorWareX1.0 23 51.2017-2022 Wind 52.11.6214.6518.2726.2841.2754.450.781.642.384.436.477.6937.08%26.00%24.74%43.85%57.04%31.96%-35.12%110.53%44.63%86.61%45.96%18.77%-60%-40%-20%0%20%40%60%80%100%120%0.010.020.030.040.050.060.02017 2018 2019 2020 2021 2022 24/53.4.0 25/3.3.2002 20 2022 33.47 9.37%-3.36 375.48%54.2018-2022 Wind 55.56.21.3423.121.4830.633.474.793.39-3.091.22-3.36-1.06%8.25%-7.02%42.48%9.37%80.65%-29.20%-191.25%139.45%-375.48%-500%-400%-300%-200%-100%0%100%200%-10.0-5.00.05.010.015.020.025.030.035.040.02018 2019 2020 2021 2022 26/3.4.50 TPMS()2022 22.89 1.58%1.06 75.91%TPMS 2021 2022 0.955 57.2018-2022 Wind 58.911.9615.7822.5422.893.36 3.274.33 4.391.0624.75%32.83%31.94%42.84%1.58%267.52%-2.62%32.44%1.31%-75.91%-100%-50%0%50%100%150%200%250%300%0.05.010.015.020.025.02018 2019 2020 2021 2022 27/59.28/3.5.AI 2022 5.31 7.22%0.57 59.96%2023Q1 1072 949.95 2022H1 L9 06 2023 60.2018-2022 Wind 61.ADAS 62.ADAS 4.585.646.835.735.311.582.12.511.410.5732.42%23.23%21.03%-16.12%-7.22%82.49%33.52%19.53%-44.01%-59.96%-80%-60%-40%-20%0%20%40%60%80%100%0.01.02.03.04.05.06.07.08.02018 2019 2020 2021 2022 29/3.6.2022 5.3 22.70%22 0.32 56.56%4 20 AI 63.2018-2022 Wind 64.2.433.053.344.325.30.70.590.73 0.730.3249.77%25.46%9.78%29.26%22.70%-22.30%-15.89%24.34%0.34%-56.56%-80%-60%-40%-20%0%20%40%60%0.01.02.03.04.05.06.02018 2019 2020 2021 2022 30/3.7.2009 2022 2.45 39.68%-1.07 462.68%1 2 12 65.2018-2022 Wind 66.2.483.134.564.062.450.570.70.880.3-1.07-8.43%26.34%45.64%-11.09%-39.68%19.51%22.01%26.72%-66.51%-462.68%-500%-400%-300%-200%-100%0%100%-2.0-1.00.01.02.03.04.05.02018 2019 2020 2021 2022 31/3.8.+1994 V2X ETC+2022 8.73 7.60%-0.29 168.07%1 22 OBU 483.15 44.45%RSU 2 V2X 4 5.2 63.38%67.2018-2022 Wind 68.6.9233.5116.639.458.730.078.726.030.43-0.29384.10%-50.39%-43.17%-7.60%13152.74%-30.82%-92.94%-168.07%-2000%0%2000%4000%6000%8000%10000%12000%14000%-5.00.05.010.015.020.025.030.035.040.02018 2019 2020 2021 2022 /32 3.9.2003 2022 40.22 23.28%2.35 60.48%1 22 2 22 3 L4 69.2018-2022 Wind 70.15.3918.4524.7932.6240.220.21-0.60 0.741.462.3519.91%34.35%31.61%23.28%223.51%98.37%60.48%-200%-150%-100%-50%0%50%100%150%200%250%-5.00.05.010.015.020.025.030.035.040.045.02018 2019 2020 2021 2022 /33 2 EPS PE 2022A 2023E 2024E 2025E 2022 2023E 2024E 2025E 2.13 2.64 3.67 4.98 49.41 51.34 36.93 27.21 1.68 2.21 3.05 4.1 59.68 47.58 34.48 25.65*-0.14 0.04 0.10 0.13-77.99 339.53 122.44 91.13*0.23 0.83 1.22 1.58 139.72 38.70 26.21 20.19 0.14 0.19 0.39 0.80 158.12 245.89 119.79 58.40*0.34 1.13 1.69 2.23 113.23 49.72 33.23 25.14*-1.06 0.41 0.98 1.28-16.07 61.07 25.62 19.56-0.14 0.38 0.86 1.55-131.83 51.47 22.74 12.62*1.96 2.62 3.72 5.08 76.37 56.16 39.53 28.91 Wind*Wind 2023-06-13 /34 6 300 10%6 300-10%10%6 300 10%A 6 300 B 6 300 /35 19 33 518026 638 3 200080 2 15 100034
展开阅读全文