资源描述
|2023 12 06 2024/2023 2024 2023 12 1 300-10%-12.6%-30.1%12 1-13.1%-21.1%-27.9%-34.9%-41.1%1 11 11 6.4 15.8%2021 8.2%2 2023 1-10 9.2 4.1%2.74 6.2%7.72 5.7%3 2024 2024 1 2023 2000 1.4 2 B 3 2023 18%24 1 3-5 2-W+-W 22EPS 23EPS 23PE PB 002352.SZ 197.5 1.26 1.83 22.1 2.2-W 2057.HK 126.7 8.35 11.25 12.6 2.4 600233.SH 42.5 1.14 1.12 11.1 1.5 002120.SZ 24.2 0.51 0.63 12.9 1.3 002468.SZ 13.3 0.19 0.26 32.9 1.6-W 1519.HK 104.1 0.19-0.12-EPS%127 2.5 2635.7 3.4 2438.9 3.6%1m 6m 12m-0.7-8.2-11.3 4.6 3.5 2.7 1 2023-12-03 2 2023-11-26 3 2023-11-19 S1090519010004 S1090522010001 S1090522010002-20-15-10-50510Dec/22 Mar/23 Jul/23 Nov/23(%)交通运输 沪深300 2.5 1.5 2 2023.6.7 1.7 2 18%.8 3.9 4.11.13 1.13 2 B.15 3.16.18 1.18 1.18 2.19 2.21 1 12.1.5 2 300 12.1.5 3 12.1.5 4.6 5.6 6.7 7.7 8.7 9.8 10.8 XVBYvMnQoNmNsMmPnQsNnM8ObP6MoMqQsQsRfQoPpNeRnNsN9PrRvMuOpNrRwMmMrR 3 11.8 12 11.11.8 13.9 14.9 15.9 16.10 17.10 18.10 19.10 20.10 21.10 22.11 23.11 24.11 25 2023.11 26.12 27.14 28.14 29.14 30.14 31.14 32.15 33.15 34 2019-2022.16 35.16 36“500”.17 37.18 38.18 39.19 40.20 1 2023Q1-3.7 4 2/.12 3.13 4.20 5 1 2023 12 1 300-10%-12.6%-30.1%12 1-13.1%-21.1%-27.9%-34.9%-41.1%1 12.1 2 300 12.1 ifind Wind 3 12.1 Wind 6 2 2023 23Q1 19.4%17.3%16.2%14.9%-8.3%23Q2 29.1%13.5%12.4%11.9%2.4%Q3 646.5-6%20.9+7%Q3 2.96+51%Q3 7.98-20%Q3 300 88%2023Q1-3 32.1%20.8%18.4%9.9%1.2%2023Q1-3 0.6%-6.1%-6.1%-9.0%-9.8%2023Q1-3 0.72/0.32/0.18/0.09/0.02 27.5%/20.0%/-19.0%/49.5%/-20.7%2023Q1-3-19.7%/7.1%/0.6%/-21.0%/-6.1%4 5 7 6 7 8 1 2023Q1-3 单票快递收入（元）yoy 单票营业 成本（元）yoy 单票归母净 利（元）yoy 资本开支（亿元）yoy 16.0 0.6%18.9-14.2%0.7 27.5%84.7-19.7%-W 1.2-9%0.9-17.1%0.3 20%57.8 7.1%2.4-6.1%2.4-10.4%0.2-19%36.3 0.6%2.4-6.1%2.2-9.7%0.1 49.5%18.1-21%2.3-9.8%2.3-7.7%0.02-20.7%21.4-6.1%1 2023 1-10 38.5 6.9%10.3 8.4%26.7%10 4.3 6.9%1.3 3.6%11 1-11 11 52.6 23.2%2021 10.2%11 11 6.4 8 15.8%2021 8.2%9 10 Wind Wind 11 12 11.11 2 18%2023 1-10 17%1 17.6%1-2 164.0 4.6%3 22.7%4 36.4%7/8/9 11.7%/18.3%/20.0%10 22.2%2023 1-10 17%11 133.3 28.8%18%9 13 14 15 3 2023Q1 Q2 Q3 9.6 9.05 8.9 2023 1-10 9.2 4.1%10 9.1 0.4%0.4%10 16.26 2.28 2.38 2.11-3.2%-5.6%-13.2%-14.3%10 16 17 18 19 2023 1-10 2.74 6.2%7.72 5.7%4.88 4%4.64 15.1%20 21 11 22 23 4 20-21 2022 72.3 35.2 47.4 35.9 2022 22.4%57.3%14.8%2023 Q1-3 57.8 19.1 36.3 21.4+7.1%-21%+0.6%-6.1%24 25 2023 12 26 2023 2/2019 2020 2021 2022 1.62 1.29 1.23 1.34 3.19 2.23 2.14 2.55 3.01 2.32 2.31 2.64 3.07 2.42 2.22 2.52 0.616 0.512 0.515 0.511 0.726 0.545 0.505 0.610 0.692 0.510 0.503 0.511 0.559 0.420 0.426 0.468 0.339 0.307 0.304 0.322 0.334 0.329 0.311 0.373 0.361 0.313 0.302 0.310 0.501 0.497 0.464 0.422 1.73 1.18 1.14 1.34 1.31 1.17 1.16 1.33 1.66 1.39 1.26 1.50 0.484 0.272 0.238 0.321 0.362 0.174 0.175 0.214 0.363 0.162 0.152 0.294 0.311 0.095 0.049 0.107 13 3 2023Q1 2023Q2 2023Q3 1.03 0.84 0.9 2.56 2.37 2.38 2.45 2.15 2.11 2.48 2.27 2.16 0.51 0.42 0.43-0.43 0.43 0.32 0.25 0.27-0.28 0.29 0.40 0.43 0.36 0.33 0.28 0.25 0.29 0.27 0.20 0.13 0.10 0.07 1 2023 386%6 5 6.2 107%2000 1.4 2023 10 29.3%20.2%12%2018 16.5%2023 1-10 14 27 28 29 2022 2.17 5 12%2018 38.4%2022 61.9%21pcts 30 31 15 2 B B B B 2 2020 6.5 5 8.9%2 5 11.1%31%5 9.5%32 33 1 2 3 4 16 3 2022 2.11 2019-2022 18%73%27%B2B B2B B2C 34 2019-2022 35 500 2005 4 2022 45 17 36 500 2021 10 RCEP RCEP 2020 11 15 RCEP RCEP 90%90%RCEP 2027 2023 1886 3736 18 37 38 1 1 2023 19 100%560.7 13.8%FedEx 2003 5+2021 9 2022 7 2022 11 2023 7-9 9 4 42 39 2023 Q3 1 2 3 4 2+20 40 2023 18%24 1 3-5 2-W+-W 4 EPS PE PB(MRQ)ROE(TTM)22 23E 24E 22 23E 24E 22 23E 24E 002352.SZ 1.26 1.83 2.33 45%45%27%33.0 22.7 17.9 2.25 6.9%1975-W 2057.HK 8.35 11.25 13.12 35%17%19%14.7 12.6 10.6 2.26 7.5%1267 600233.SH 1.14 1.12 1.32 86%-1%17%11.4 11.6 9.9 1.55 9.4%425 002120.SZ 0.51 0.63 0.97 0%24%54%16.8 13.6 8.8 1.36 6.3%242 002468.SZ 0.19 0.26 0.49 132%39%89%47.2 34.0 18.0 1.63 2.6%133-W 1519.HK 0.19-0.12-0.08 127%-165%36%70.2-1041 12.6 EPS 21 2 22 6-12 A 300 500 20%5-20%5%5%
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