2024 年 07 月 31 日 趙旭東 H70556@capital.com.tw 目標價(元) 38 公司基本信息 | --- | --- | --- | --- | |---------------------|--------|--------|-------------| | 產業別 | | | 交通运输 | | A 股价(2024/7/30) | | | 33.85 | | 上证指数(2024/7/30) | | | 2879.30 | | 股價 12 個月高/低 | | | 48.19/30.63 | | 總發行股數(百萬) | | | 2488.48 | | A 股數(百萬) | | | 1926.96 | | A 市值(億元) | | | 652.28 | | 主要股東 | | | 上海机场(集 | | | | 团) | 有限公司 | | | | | (58.38%) | | 每股淨值(元) | | | 16.33 | | 股價/賬面淨值 | | | 2.07 | | | 一个月 | 三个月 | 一年 | | 股价涨跌(%) | | | | 近期评等 | --- | --- | --- | ...

C o m p a n y U p d a t e C h i n a R e s e a r c h D e p t . 2024 年 07 月 29 日 朱吉翔 H70138@capital.com.tw 目标价(元) 100 公司基本信息 | --- | --- | --- | --- | |---------------------|--------|--------|-------------| | 产业别 | | | 电子 | | A 股价(2024/7/29) | | | 82.55 | | 上证指数(2024/7/29) | | | 2890.90 | | 股价 12 个月高/低 | | | 115.97/55.2 | | 总发行股数(百万) | | | 665.87 | | A 股数(百万) | | | 664.74 | | A 市值(亿元) | | | 548.74 | | 主要股东 | | | 朱一明 | | | | | (06.86%) | | 每股净值(元) | | | 23.03 | | 股价/账面净值 | | | 3.58 | | | 一个月 | 三个月 | 一年 | | 股价涨 ...

C o m p a n y U p d a t e 股价相对大盘走势 汇川技术(300124.SZ) 买进（Buy） 公司基本信息 | --- | --- | --- | --- | |---------------------|--------|--------|--------------| | 产业别 | | | 电气设备 | | A 股价(2024/7/29) | | | 43.85 | | 深证成指(2024/7/29) | | | 8597.17 | | 股价 12 个月高/低 | | | 71.94/43.41 | | 总发行股数(百万) | | | 2678.14 | | A 股数(百万) | | | 2267.10 | | A 市值(亿元) | | | 994.13 | | 主要股东 | | | 香港中央结算 | | | | | 有限公司 | | | | | (21.56%) | | 每股净值(元) | | | 9.02 | | 股价/账面净值 | | | 4.86 | | | 一个月 | 三个月 | 一年 | | 股价涨跌(%) | | | | 近期评等 | --- | --- | --- ...

C h i n a R e s e a r c h D e p t . | --- | --- | --- | --- | --- | --- | |-----------------------------|-------|-------|-------|-------------------------------|-------| | 附一：合幷损益表 | | | | | | | 百万元 | 2022 | 2023 | 2024F | 2025F | 2026F | | 营业收入 | | | | 18362 18693 20917 23688 24208 | | | 经营成本 | | | | 16223 16668 18396 20533 20809 | | | 营业税金及附加 | | | | 86 68 80 92 94 | | | 销售费用 | | | | 125 180 191 207 209 | | | 管理费用 | | | | 556 558 591 648 653 | | | 财务费用 | | | | 321 447 385 375 383 | | | 资产减值损失 | 0 | 0 | | ...

阿 2024 年 07 月 24 日 顾向君 H70420@capitalcom.tw 目标价(元) 9 公司基本信息 | --- | --- | |---------------------|--------| | 产业别 | | | A 股价(2024/7/23) | | | 深证成指(2024/1/31) | | | 股价 12 个月高/低 | | | 总发行股数(百万) | | | A 股数(百万) | | | A 市值(亿元) | | | 主要股东 | | | | | | | | | 每股净值(元) | | | 股价/账面净值 | | | | 一个月 | | 股价涨跌(%) | | | --- | |------------| | 近期评等 | | 出刊日期 | | 2024-02-01 | | 2023-10-26 | | 2023-08-28 | | 2023-05-05 | 前日收盘 8.89 10.76 12.04 13.73 评等 买进 买进 买进 买进 产品组合 | --- | --- | |-------------------|--------| | 文化艺术业-现场演 | 86.5 ...

2024 年 07 月 24 日 王睿哲 C0062@capital.com.tw 目标价(元/港币) 31/28 公司基本信息 | --- | --- | |---------------------|--------------| | 产业别 | 家用电器 | | A 股价(2024/7/23) | 25.80 | | 上证指数(2024/7/23) | 2915.37 | | 股价 12 个月高/低 | 33/19.86 | | 总发行股数(百万) | 9438.11 | | A 股数(百万) | 6308.55 | | A 市值(亿元) | 1627.61 | | 主要股东 | 香港中央结算 | | | )有限 | | | (24.52%) | | 每股净值(元) | 11.37 | | 股价/账面净值 | 2.27 | | | 一年 | | 股价涨跌(%) | 15.2 | 近期评等 | --- | --- | --- | |------------|----------|-------| | 出刊日期 | 前日收盘 | 评等 | | 2024-05-06 | 23.78 | 买进 | 产品组合 | ...

Investment Rating - The report maintains a "Buy" rating for the company, with a target price of 175 CNY [3][12][13]. Core Insights - The company is expected to achieve a net profit of 2.15 to 2.5 billion CNY for the first half of 2024, representing a year-on-year growth of 250% to 300% [4][13]. - The demand for high-speed products, particularly 800G, is driving significant revenue growth, with Q2 net profit projected between 1.14 to 1.49 billion CNY, reflecting a year-on-year increase of 213% to 310% [4][13]. - The company is a global leader in the optical module sector, with advancements in emerging technologies such as 1.6T and silicon photonics, which are expected to contribute to future revenue growth [5][14]. Summary by Sections Company Overview - The company operates in the communication industry, with a current A-share price of 149.58 CNY as of July 15, 2024, and a market capitalization of approximately 166.89 billion CNY [10][11]. Financial Performance - The company forecasts a net profit of 5.392 billion CNY for 2024, with a year-on-year growth of 148.1%, and an EPS of 4.81 CNY [6][15]. - Revenue projections for 2024 are estimated at 25.707 billion CNY, with a significant increase in operating income expected in the following years [17]. Product and Market Position - The company holds the top position in the global optical module market, as per LightCounting's 2023 rankings, and is advancing in the development of 1.6T optical modules [5][14]. - The product mix includes a significant focus on optical communication transceiver modules, which account for 95% of the product portfolio [11]. Supply Chain and Operational Strategy - The company has expanded its supplier base for VCSEL and is proactively securing procurement needs to enhance supply chain stability [5][14]. - The report indicates that the company is well-positioned to meet the growing demand in the AI sector, which is expected to sustain high revenue growth [4][13].

2024 年 07 月 15 日 顾向君 H70420@capital.com.tw 目标价(元) 27 公司基本资讯 | --- | --- | --- | |---------------------|--------|----------------| | 产业别 | | 休闲服务 | | A 股价(2024/7/12) | | 22.98 | | 上证指数(2024/7/12) | | 2971.30 | | 股价 12 个月高/低 | | 50.37/21.01 | | 总发行股数(百万) | | 1070.04 | | A 股数(百万) | | 914.04 | | A 市值(亿元) | | 210.05 | | 主要股东 | | 上海锦江资本有 | | | 限公司 | (45.05%) | | 每股净值(元) | | 15.28 | | 股价/账面净值 | | 1.50 | | | 三个月 | 一年 | | 股价涨跌(%) | | | | --- | |------------| | 近期评等 | | 出刊日期 | | 2023-12-27 | | 2023-09-01 | | 2023-05- ...

C o m p a n y U p d a t e C h i n a R e s e a r c h D e p t . 股价相对大盘走势 2024 年 07 月 15 日 顾向君 H70420@capital.com.tw 目标价(元) 76 公司基本资讯 产业别 休闲服务 A 股价(2024/7/12) 67.75 上证指数(2024/7/12) 2971.30 股价 12 个月高/低 127.22/61.75 总发行股数(百万) 2068.86 A 股数(百万) 1952.48 A 市值(亿元) 1322.80 主要股东 中国旅游集团 有限公司 (50.30%) 每股净值(元) 26.02 股价/账面净值 2.60 一个月 三个月 一年 股价涨跌(%) -2.2 -9.2 -39.9 近期评等 出刊日期 2024-04-09 2024-02-28 2023-01-09 2023-12-27 2023-10-11 2023-07-10 前日收盘 81.87 86.19 75.40 78.85 100.87 109.66 评等 买进 买进 买进 买进 区间操作 区间操作 产品组合 商品贸易 100% 机构 ...

2024 年 07 月 12 日 王睿哲 C0062@capital.com.tw 目标价(元) 66.4 公司基本信息 | --- | --- | |---------------------|--------------| | 產業別 | 医药生物 | | A 股价(2024/7/11) | 56.32 | | 深证成指(2024/7/11) | 8870.36 | | 股價 12 個月高/低 | 71.05/43.39 | | 總發行股數(百萬) | 643.98 | | A 股數(百萬) | 643.98 | | A 市值(億元) | 362.69 | | 主要股東 | 华润东阿阿胶 | | | 有限公司 | | | (23.50%) | | 每股淨值(元) | 15.30 | | 股價/賬面淨值 | 3.68 | | | 一年 | | 股价涨跌(%) | | 近期评等 | --- | --- | --- | |-------------|----------|-------| | 出刊日期 | 前日收盘 | 评等 | | 2024/03/022 | 58.99 | 买进 | | 2024/01/02 ...