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|2023 01 06 600153.SH+500 6%2016-2021 CAGR 37.2%16.4%2022 Q1-3 5646 19.8%35.8 5.7%2022 1-10 45%1564 17%10 1 2 3 4 2022H1 631.3 379.3 2016-2021 CAGR 39.7%29.3%+40-50 CR4 4%0.5%+2022 2022/2023/2024 7862/8954/10175 65.5/73.4/83.4 EPS2.18/2.44/2.78 PE 6.9/6.1/5.4 606 2023 PE8.3 2020A 2021A 2022E 2023E 2024E 432,949 707,844 786,157 895,386 1,017,465 yoy%28.4 63.5 11.1 13.9 13.6 4,504 6,098 6,546 7,338 8,343 yoy%-3.7 35.4 7.4 12.1 13.7 EPS/1.50 2.03 2.18 2.44 2.78%9.5 8.0 7.7 7.7 8.4 P/E 10.0 7.4 6.9 6.1 5.4 P/B 1.2 1.1 1.0 0.9 0.8 Wind 2023 1 5 1 5()14.96()44,957.36()3,005.17(%)94.65 30()20.64 S0680522030001 S0680121070010-48%-32%-16%0%16%32%48%64%80%96%2022-01 2022-05 2022-09 2023-01 300 2023 01 06 P.2 2020A 2021A 2022E 2023E 2024E 2020A 2021A 2022E 2023E 2024E 348521 550683 619765 708495 795494 432949 707844 786157 895386 1017465 53806 90268 128308 168401 212247 409413 682585 758160 863686 979652 4843 8305 9165 10733 11878 2708 900 2752 3761 4986 30329 55087 57222 62163 65020 6227 8161 12821 14602 16593 26851 32678 36160 42811 45991 470 664 849 926 1035 222072 346825 375232 409938 445653 10 74 44 55 75 10621 17520 13680 14450 14705 1355 1616 1838 1952 2359 38636 51776 53606 60758 67230-2040-1423-2358-2686-3052 8331 14594 16914 19499 22011 275 472 525 597 679 2440 2813 3575 4623 5929 109-148 177 58 63 830 880 912 943 958 1168 3085 3088 3361 3583 27034 33488 32204 35694 38332 9 20 163 98 81 387157 602459 673371 769254 862724 12090 15642 16006 17204 20224 212567 356236 400625 468665 536095 148 247 197 222 210 1706 8999 9899 10889 11978 131 87 109 98 103 42954 62468 63892 68982 76151 12107 15802 16094 17328 20330 167908 284769 326833 388794 447966 3924 4839 4828 5198 6099 88531 109305 117386 134676 148082 8182 10963 11266 12130 14231 71797 89145 95379 110058 120556 3679 4865 4719 4792 5887 16734 20160 22008 24618 27526 4504 6098 6546 7338 8343 301099 465541 518011 603341 684177 EBITDA 14620 18925 16555 17472 20166 47671 86074 90794 95586 101473 EPS/1.50 2.03 2.18 2.44 2.78 2864 2863 3005 3005 3005 2910 3271 3271 3271 3271 30112 34652 42520 50998 60951 2020A 2021A 2022E 2023E 2024E 38387 50844 64566 70326 77073 387157 602459 673371 769254 862724%28.4 63.5 11.1 13.9 13.6%10.8 29.4 2.3 7.5 17.5%-3.7 35.4 7.4 12.1 13.7%5.4 3.6 3.6 3.5 3.7%1.0 0.9 0.8 0.8 0.8 2020A 2021A 2022E 2023E 2024E ROE%9.5 8.0 7.7 7.7 8.4 9719 409 8589 13638 17276 ROIC%6.9 7.0 5.4 4.8 4.7 8182 10963 11266 12130 14231 346 371 353 430 530%77.8 77.3 76.9 78.4 79.3 1355 1616 1838 1952 2359%56.1 30.4 18.8 13.5 6.5-1168-3085-3088-3361-3583 1.6 1.5 1.5 1.5 1.5-335-10916-2654 2925 3945 0.4 0.4 0.5 0.5 0.5 1338 1459 875-438-206-2411-9477 144-3786-3231 1.3 1.4 1.2 1.2 1.2 616 741 2386 2859 2983 73.0 107.7 90.0 90.0 90.0-680-4195-2320-2585-2512 10.5 12.9 12.0 13.0 13.5-2475-12931 210-3512-2759 13812 43269 29306 30241 29800 1.50 2.03 2.18 2.44 2.78-2301 7293 900 990 1089 3.23 0.14 2.86 4.54 5.75 14737 17348 14987 14680 10498 12.11 13.71 15.32 17.23 19.48 28 0 142 0 0 414 360 0 0 0 P/E 10.0 7.4 6.9 6.1 5.4 933 18268 13278 14572 18213 P/B 1.2 1.1 1.0 0.9 0.8 21297 34470 38040 40094 43845 EV/EBITDA 9.6 9.1 9.8 9.2 7.8 Wind 2023 1 5 2023 01 06 P.3 1.6 1.1 25.6 1.2.6 1.3.7 1.4.8 1.5.9 2.13 2.1.13 2.2.15 2.3.17 2.4.19 2.5.21 2.6.23 3.26 3.1.26 3.2.27 3.3+.30 3.4.32 4.35 4.1.35 4.2.36.38 2023 01 06 P.4 1.6 2 2022.7 3.8 4.8 5 2022.9 6.9 7.9 8.10 9.10 10.10 11.10 12.11 13.11 14.11 15.11 16.12 17.12 18.12 19.12 20+.13 21+.13 22.13 23.13 24.14 25+.14 26.14 27.14 28 2022 1-10 TOP20.15 29 2022H1.15 30 2022H1.15 31 2022H1.16 32 2022H1.16 33.17 34.18 35.18 36/.18 37.18 38.18 39.18 40 22.19 41.19 42.20 43.20 44.20 45.21 2023 01 06 P.5 46.21 47.21 48.21 49.22 50.22 51.22 52 2022.22 53.23 54.23 55.24 56.25 57 CR4=+.26 58 2021.26 59 2021.26 60.26 61 LIFT.27 62.27 63.28 64.29 65.30 66.30 67.30 68.30 69.31 70.32 71.33 72.33 73.33 74.34 75.35 76.36 77.36 78.37 79 NAV.37 80.38 2023 01 06 P.6 1.1.1 25 1998 6 600153.SH 1999 75%2006 20%95%2009 95%44.7%10%54.7%+2018 LIFT LIFT 2020 70 11 50 2022 16 16 2022 33 1 1.2 2022 45.13%500 2023 01 06 P.7 95%54.65%2 2022 Wind 1.3 1988 1999 2023 01 06 P.8 3 2020/4/23 1971 2014/5/23 1965 2016/5/24 1968 2016/5/24 1972 2020/8/4 1970 2022/5/23 1976 Wind 1.4 2020 11 2835.2 1%278 2022 2 14317.11 5%1066 4(/)(%)%60 0.42%0.02%60 0.42%0.02%60 0.42%0.02%60 0.42%0.02%60 0.42%0.02%60 0.42%0.02%60 0.42%0.02%1,059 11,033.69 77.07%3.85%2863.42 20.00%1.00%14317.11 100.00%5.00%2023 01 06 P.9 5 2022 24-36 1 2022 1.25/75 2 2020 2022 30%75 3 2022 90%33%36-48 1 2023 1.30/75 2 2020 2023 45%75 3 2023 90%33%48-60 1 2024 1.35/75 2 2020 2024 60%75 3 2024 90%34%1.5 2017-2021 80%2019-2020 30%-40%2021 80%52.8%6 7 2016 2021 1456 7078 CAGR 37.2%28.5 60.1 CAGR 16.4%2022 87%86%84%82%79%86%84%85%81%86%93%12%12%15%18%21%13%14%15%19%14%7%0%10%20%30%40%50%60%70%80%90%100%68%69%63%72%66%60%47%19%32%31%37%28%34%40%53%81%0%10%20%30%40%50%60%70%80%90%100%2015 2016 2017 2018 2019 2020 2021 1-3Q22 2023 01 06 P.10 5646 19.8%35.8 5.7%2018 8.1%2021 3.6%1.7%0.9%2022 2.5%0.6%8 9 10 11 2016 2021 304 963 19.6 28.8 CAGR 26%7.9%2022 369 6.6 27.3%-33.7%2021 2018 2018 35.4%2021 16.8%8.3%3%2022 14.8%1.8%0%10%20%30%40%50%60%70%01,0002,0003,0004,0005,0006,0007,0008,00020122013201420152016201720182019202020211-3Q22%-10%0%10%20%30%40%50%01020304050607020122013201420152016201720182019202020211-3Q22%8.8%8.8%8.4%9.6%8.0%6.4%8.1%6.5%5.4%3.6%2.5%0.0%2.0%4.0%6.0%8.0%10.0%12.0%20122013201420152016201720182019202020211-3Q222.4%2.6%2.1%2.1%2.0%1.5%1.7%1.4%1.0%0.9%0.6%0.0%0.5%1.0%1.5%2.0%2.5%3.0%20122013201420152016201720182019202020211-3Q22 2023 01 06 P.11 12 13 14 15 CAGR 39.7%29.3%2022 5277 19.3%29.1 22.1%2018 2.9%2021 1.5%2022 1.7%0.5%-0.6%-10%0%10%20%30%40%50%60%70%02004006008001,0001,20020122013201420152016201720182019202020211-3Q22%-40%-20%0%20%40%60%80%05101520253035402016201720182019202020211-3Q22%23.3%26.5%35.4%29.2%20.9%16.8%14.8%0%5%10%15%20%25%30%35%40%2016201720182019202020211-3Q226.5%7.2%8.3%6.2%3.3%3.0%1.8%0%1%2%3%4%5%6%7%8%9%2016201720182019202020211-3Q22 2023 01 06 P.12 16 17 Wind 18 19 0%10%20%30%40%50%60%70%80%01,0002,0003,0004,0005,0006,0007,00020122013201420152016201720182019202020211-3Q22%-20%0%20%40%60%80%100%0501001502002502006/6/22008/6/22010/6/22012/6/22014/6/22016/6/22018/6/22020/6/22022/6/2 0%10%20%30%40%50%60%70%80%90%051015202530352016201720182019202020211-3Q22%0.8%0.6%0.6%0.5%0.5%0.5%0.6%3.8%3.1%2.9%2.7%1.8%1.5%1.7%0.0%0.5%1.0%1.5%2.0%2.5%3.0%3.5%4.0%2016201720182019202020211-3Q22 2023 01 06 P.13 2 2.1 CAGR 48%42%2017-2021 458 2176 CAGR 48%409 1645 CAGR 42%TOP100 CAGR 19.1%9.5%2017-2021 199 1754 CAGR 72%258 422 CAGR 13%2021 21 59 17 20+21+22 23-40%-20%0%20%40%60%80%05001,0001,5002,0002,50020122013201420152016201720182019202020211-10M22%-40%-20%0%20%40%60%80%05001,0001,5002,000201720182019202020211-10M22%-50%0%50%100%150%05001,0001,5002,000201720182019202020211-10M22%-50%0%50%100%150%0100200300400500201720182019202020211-10M22%2023 01 06 P.14 24 25+2021 TOP100 2021 3.2%35%2022 1-10 TOP100 45%1564 17%10 1 2 3 4 26 27 6074 747859496153493121120102030405060708090100201720182019202020211-10M22 3237322017100510152025303540201720182019202020211-10M22-60%-40%-20%0%20%40%60%80%100%21M421M521M621M721M821M921M1021M1121M1222M122M222M322M422M522M622M722M822M922M10 TOP100-100%-50%0%50%100%150%200%250%21M1-421M1-521M1-621M1-721M1-821M1-921M1-1021M1-1121M1-1222M122M1-222M1-322M1-422M1-522M1-622M1-722M1-822M1-922M1-10 TOP100 2023 01 06 P.15 28 2022 1-10 TOP20 2.2 2022 70%25%16%9%8%28%25%24%29 2022H1 30 2022H1 企业简称全口径金额排名排名相对2021年变化2022M1-10全口径金额(亿元)2021M1-10全口径金额(亿元)累计同比1 0 月单月全口径金额(亿元)单月环比单月同比2022M1-10权益金额(亿元)2021M1-10权益金额(亿元)累计同比1 0 月单月权益金额(亿元)单月环比单月同比累计销售权益比例2 0 2 1 全年全口径销售额(亿元)2 0 2 0 全年全口径销售额(亿元)2021全年销售额同比碧桂园 1 0 4033 6761-40.4%420 3.4%-28.6%3089 4904-37.0%331 0.2%-30.2%76.6%7588 7888-3.8%保利发展 2 2 3631 4602-21.1%430 12.0%-15.7%2433 3312-26.5%288 42.3%-22.2%67.0%5385 5028 7.1%万科地产 3-1 3407 5181-34.2%277-18.3%-25.2%2214 3368-34.2%180-18.3%-25.2%65.0%6203 7011-11.5%中海地产 4 2 2340 3028-22.7%315 42.0%21.7%2187 2830-22.7%294 41.9%21.7%93.4%3710 3634 2.1%华润置地 5 3 2295 2502-8.3%274-12.0%35.6%1558 1674-7.0%175-6.7%26.2%67.9%3158 2850 10.8%招商蛇口 6 1 2267 2577-12.0%251-28.3%53.2%1386 1636-15.3%156-32.8%43.1%61.1%3268 2780 17.6%金地集团 7 4 1834 2450-25.2%205-9.9%25.2%1136 1518-25.2%127-9.9%25.2%62.0%2865 2426 18.1%龙湖集团 8 2 1658 2280-27.3%202 5.2%-22.3%1058 1595-33.7%107-12.2%-41.2%63.8%2901 2706 7.2%绿城中国 9 4 1623 2203-26.3%189 13.2%-6.0%911 1206-24.4%122 26.0%26.5%56.1%2666 2146 24.2%建发股份 10 7 1564 1879-16.8%232 73.8%19.6%1119 1485-24.7%168 74.2%18.2%71.6%2310 1711 35.0%融创中国 11-8 1529 5126-70.2%97 10.3%-81.0%885 3102-71.5%52 10.6%-82.1%57.9%5976 5750 3.9%中国金茂 12 3 1232 1959-37.1%132 1.0%-34.3%850 1352-37.1%91 0.9%-34.4%69.0%2356 2237 5.3%滨江集团 13 9 1182 1408-16.0%132 6.8%9.3%709 679 4.3%78 27.8%34.1%59.9%1691 1364 24.0%旭辉集团 14 0 1134 2093-45.8%91-9.6%-44.1%669 1235-45.8%53-9.6%-44.1%59.0%2473 2310 7.0%绿地控股 15-6 1076 2512-57.2%73-47.8%-65.2%969 2261-57.2%66-47.8%-65.2%90.0%2903 3567-18.6%新城控股 16 0 1032 1944-46.9%87-3.3%-63.7%707 1441-50.9%60 0.7%-67.9%68.5%2340 2522-7.2%越秀地产 17 20 912 811 12.4%112-32.3%20.1%904 788 14.7%111-32.3%21.4%99.1%1182 970 21.8%华发股份 18 14 841 912-7.8%111 35.0%18.6%537 583-7.9%58 14.7%-5.4%63.8%1219 1205 1.2%中国铁建 19 7 822 983-16.3%134 18.7%78.0%600 737-18.5%90 23.0%47.2%73.0%1429 1273 12.2%远洋集团 20 9 787 1054-25.3%96 20.0%-41.1%512 685-25.3%62 20.0%-41.1%65.0%1360 1183 14.9%全口径 权益口径 年度数据回顾53%47%48%55%52%42%49%48%41%43%4%4%4%4%5%0%10%20%30%40%50%60%70%80%90%100%2018 2019 2020 2021 2022H1 20%21%24%28%28%32%32%31%26%25%22%24%23%24%24%20%19%17%15%16%4%3%3%5%4%0%10%20%30%40%50%60%70%80%90%100%2018 2019 2020 2021 2022H1 2023 01 06 P.16 31 2022H1 32 2022H1 2022H1 70 22 56%13%4%*30 2022 1-11 109 33.4%30 22.5%2022 11 80 24.2 30 16.6 24 2 4 32%32%31%26%25%13%15%16%17%16%3%7%8%9%9%10%10%8%8%8%9%7%7%7%7%4%3%4%6%6%9%11%8%6%5%0%20%40%60%80%100%2018 2019 2020 2021 2022H1 1541471441321231191151038581 81787068656159 5848 47020406080100120140160180 2023 01 06 P.17 33 2022H1*2.3 2019-2021/68%82%66%2391 2343 2018-2021 70%-81%2022 2797 2094 7.1%4283 2021 2 2997 2021 1.8 2 2022 2425 2021 3.1 城市公司在该城市预估货值占比2 0 1 9 年商品住宅销售额(亿元)2 0 2 0 年商品住宅销售额(亿元)2 0 2 1 年商品住宅销售额(亿元)2022M 1-1 1 商 品住宅销售额(亿元)2022M1-1 1 同比3年CAGR2022M1 1 月 库存面积(万方)去化周期(月)厦门 13%560 946 1327 638-47.6%51.4%368 26.4上海 8%4181 5174 5853 5773 8.5%19.4%499 4.7杭州 5%1139 1130 3066 1345-53.1%43.7%734 6.7成都 4%2085 2593 3208 2667-8.5%16.7%2015 17.1漳州 4%155 158 354 263-20.3%46.1%南京 4%2249 2425 3719 2088-38.9%31.0%789 15.0南昌 4%739 588 450 366-8.7%-9.8%312 9.8长沙 4%1220 1521 1645 871-40.2%9.9%1046 16.9福州 3%1267 1302 1717 734-54.4%45.7%441 23.9重庆 3%2780 2474 2658 744-70.3%-6.0%873 20.3无锡 3%1281 1203 1400 712-46.1%9.4%559 20.0温州 2%1516 1908 1833 959-46.0%16.2%623 15.8南宁 2%98 1020 832 371-55.4%776 23.3宿迁 2%242 317 296 104-63.3%19.0%苏州 2%1509 1881 1982 1432-22.9%18.9%780 11.1贵阳 2%594 715 680 478-23.3%-3.4%656 17.4广州 2%2623 3549 4332 2710-27.5%28.5%1487 21.5宁波 2%2624 2937 2791 1266-52.0%30.1%447 15.0合肥 1%1028 1471 1360 890-30.1%1.3%298 6.0北京 1%3213 3388 4819 3511-21.3%32.9%1320 20.0徐州 1%792 910 1413 660-50.5%16.1%973 20.1佛山 1%1398 1974 2062 1337-28.2%9.1%1427 19.8泉州 1%750 792 831 328-58.3%36.5%200 15.6武汉 1%2732 2652 3305 1502-50.3%26.9%2180 26.0深圳 1%2076 2378 3114 2279-22.9%25.3%574 16.2济南 1%1035 1188 1861 1319-23.6%22.6%624 8.5南通 1%555 822 860 279-63.2%25.2%132 18.6黄石 1%94 105 106 59-41.2%0.7%146 16.1宁德 1%0 0 99 67-25.5%66.9%绍兴 1%403 459 512 205-55.3%23.3%汇总 78%40938 47979 58484 35957-22.5%20.9%汇总 20278 16.6行业平均全国1 0 9 城71586 81470 92469 56682-33.4%19.2%全国8 0 城51991 24.2各城市历年销售情况 各城市库存及去化周期 2023 01 06 P.18 34 35 36/37 38 39 2022 2022 40 631.3 379.3-80%-60%-40%-20%0%20%40%60%80%02004006008001,0001,2002016 2017 2018 2019 2020 2021 1H22%-80%-60%-40%-20%0%20%40%60%02004006008001,0001,2002017 2018 2019 2020 2021 1H22%107.1%55.6%68.3%82.3%65.9%64.0%0%20%40%60%80%100%120%2017 2018 2019 2020 2021 1H2264.5%70.7%74.6%80.9%71.5%66.2%0%10%20%30%40%50%60%70%80%90%2017 2018 2019 2020 2021 1H22-10%-5%0%5%10%15%20%25%05001,0001,5002,0002,5002017 2018 2019 2020 2021 1H22%0%50%100%150%200%250%300%350%05001,0001,5002,0002,5003,0002017 2018 2019 2020 2021 1H22 2023 01 06 P.19 76.7%64%2022 90%2022 11 22 691 5 40 22 2018-2019 9-10 2020 7.4 2021 6.7 41 CRIC 2.4 IP 全国 核 心 2 2 城核 心 2 2 城占比全国今年占去年比重核 心 2 2 城今年占去年比重核 心 2 2 城占比1 保利发展 2183 1212 56%1462 67%1127 93%77%2 招商蛇口 2150 1519 71%1191 55%954 63%80%3 华润置地 1376 1075 78%959 70%773 72%81%4 中海地产 1298 1083 83%821 63%742 69%90%5 建发股份 1384 923 67%750 54%691 75%92%6 万科A 1909 830 43%722 38%514 62%71%7 越秀地产 932 832 89%710 76%688 83%97%8 滨江集团 710 495 70%627 88%564 114%90%9 绿城中国 1059 758 72%513 48%458 60%89%10 龙湖集团 981 743 76%439 45%380 51%86%11 中国铁建 686 429 63%387 56%251 58%65%12 华发股份 171 114 66%341 199%306 269%90%13 中国金茂 554 331 60%182 33%182 55%100%14 金地集团 695 481 69%113 16%99 21%88%15 大悦城 270 142 53%85 0 75 1 89%序号 公司2021 2022M1-119.810.57.46.70246810122018 2019 2020 2021 2023 01 06 P.20 2018 2020 2022 42 2022 6 5414 523 2022 30 93 2021 23619/10.39%46348 5.38%43 44 05000100001500020000250003000035000400002012 2013 2014 2015 2016 2017 2018 2019 2020 2021 050001000015000200002500030000350004000045000500002012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2023 01 06 P.21 2.5 2021 64.9%65.7%53.8%21.6%2.9 5.2 2022 1460 3%850.2 22.2%45 46 Wind Wind 47 48 Wind Wind 2021 4.5%-5%2022 4%-5%ABN 2017 20 2021 160.7 2022 12 20 96 3.31%-10%0%10%20%30%40%50%60%70%02004006008001,0001,2001,4001,6002016 2017 2018 2019 2020 2021 2022H1%0%10%20%30%40%50%60%70%80%020040060080010002016 2017 2018 2019 2020 2021 2022H1%66%71%69%65%63%52%83%73%54%62%2.21.92.02.91.70.00.51.01.52.02.53.03.50%10%20%30%40%50%60%70%80%90%2018 2019 2020 2021 2022H1 70%70%69%66%65%96%85%45%22%43%2.41.64.15.24.40.01.02.03.04.05.06.00%20%40%60%80%100%120%2018 2019 2020 2021 2022H1 2023 01 06 P.22 49 50 51 Wind Wind 52 2022()%()%()22 Y4 3 3.5 3.5 10 2022/8/4 22 ABN003 ABN 3.0027-0 0.005 2022/7/5 22 ABN003 ABN 3.0027 3.8 3.8 10 2022/7/5 22 Y3 3 3.97 3.97 10 2022/6/17 22 Y2 2 3.23 3.23 10 2022/5/26 22 Y1 2 3.53 3.53 10 2022/4/19 22 ABN001 ABN 3.0027 3.99 3.99 10 2022/3/15 22 SCP003 0.7397 2.59 2.59 10 2022/2/17 22 SCP002 0.7288 2.55 2.55 10 2022/2/16 22 01 3 3.4 3.4 5 2022/1/11 22 SCP001 0.7397 2.62 2.62 11 2022/1/11 Wind 5.0%6.0%6.5%6.0%6.0%5.0%5.0%4.8%4.5%5.0%4.5%4.5%4.5%4.0%0%1%2%3%4%5%6%7%2016 2017 2018 2019 2020 2021 2022H1 0204060801001201401601802016 2017 2018 2019 2020 2021 2022 ABN 05101520252022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q3 2023 01 06 P.23 2021 2022 10 39 1-9 59%26%2020 63.5%49%53 54 2.6-2007 2009-2013 8.3 2014-2017 2018-2022 16.4-145.5 73.4 159.7 28.1 97 61%171.6 61 45 2022 29.2 89.1 8.1%-7.4%-4.3%-3.3%-25.9%-58.8%-37.6%-47.7%-70%-60%-50%-40%-30%-20%-10%0%10%20%96 2021 2022M1-924.1%25.6%26.9%36.3%12.5%12.3%12.4%14.7%63.5%62.1%60.8%49.0%0%10%20%30%40%50%60%70%80%90%100%2020 2021M1-9 2021 2022M1-9 2023 01 06 P.24 55 2009G45,2009/12/8 13,514 58,390 58,000 2010P14 06-07 2010/9/8 26,315 95,460 93,400 2011P20 2011/9/8 10,198 38,800 49,972 2011P22 06-05 2011/12/20 21,15
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