请务必阅 读正 文之后 的信息 披露和 重要声 明 industryId investSuggestion(investSuggestionChange 2022A EPS 2023E EPS 2.56 3.42 4.80 6.04 1.14 1.50 3.15 4.31 0.55 0.63 relatedReport 2022+NBV 2023-03-16 2022 2023-03-25 2022 2023-03-27 2022 2023-03-30 2022 NBV 2023-03-31 emailAuthor S0190521060002 S0190521060001 assAuthor summary 2022 NBV-17.3%-19.6%-24%-31.4%-59.5%5 16.9%+12.8%-8.3%-17.6%-34.3%-37.0%1 2 3 4 13 5 1 2 22 A 5 16.9%“”L NBV+H title 2022 createTime1 2023 4 6 请务必阅 读正 文之后 的信息 披露和 重要声 明-2-1.-4-2.-5-2.1.-6-2.2.-7-2.3.-13-3.-17-3.1.-18-3.2.-21-4 NBV EV.-25-4.1 NBV.-25-4.2.-26-5.-30-6.-31-1 2022.-7-2 2022.-7-3 2022.-9-4 2022 NBV.-9-5/.-10-6/.-10-7 2022.-10-8 2022.-10-9/.-11-10/.-11-11 2022.-11-12 2022 13.-12-13 2022 25.-12-14 2022.-13-15 2022 NBV.-13-16 2022.-14-17 2022.-14-18 2022.-15-19 2022.-15-20 2022.-15-21 2022.-15-22 2022.-16-23.-23-24.-25-25.-26-26.-26-27+50BP NBV.-26-28+50BP VIF.-26-29 2022.-27-0YFUyRnQnOpOoQnOsPsNnM7NcM8OoMoOnPnOkPoOrNkPnNoRaQmMuMuOoNnOxNsOpP 请务必阅 读正 文之后 的信息 披露和 重要声 明-3-30 750%.-29-31.-29-1.-5-2.-8-3.-9-4.-12-5.-13-6.-15-7.-17-8.-17-9.-18-10/.-18-11.-19-12.-20-13.-21-14.-21-15.-22-16.-23-17.-24-18.-27-19 10%.-27-20 1/5/10 750 BP.-28-21.-29-22 EV ROEV.-30-23.-31-请务必阅 读正 文之后 的信息 披露和 重要声 明-4-1 2022 NBV-20%2022 5 5728 16.9%2178 1640 812 532 567 9.9%28.3%14.9%11.7%9.8%5.0%750 320.8 837.7 246.1 98.2 244.1-37.0%-17.6%-8.3%-34.4%+12.8%2022 NBV 360.0 288.2 92.1 24.2 26.7 19.6%24.0%31.4%59.5%17.3%NBV NBV 2022 12305 8748 3982 2556 1038+2.3%-0.2%+5.7%-1.3%-6.9%2022 NBV NBV 请务必阅 读正 文之后 的信息 披露和 重要声 明-5-2 1 2022A 2021A 2022A 2021A 2022A 2021A 1,847.7 1,758.6 5.1%1,389.9 1,500.7-7.4%663.7 489.1 35.7%6,151.9 6,183.3-0.5%5,430.1 5,672.8-4.3%2,253.4 2,116.9 6.5%2,177.8 2,418.1-9.9%1,639.9 2,288.5-28.3%812.0 954.6-14.9%4,612.0 4,473.0 3.1%2,623.0 2,668.2-1.7%1,753.7 1,551.0 13.1%214.0 228.1-6.2%-56.4 44.4 27.0%320.8 509.2-37.0%837.7 1,016.2-17.6%246.1 268.3-8.3%EPS 1.14 1.80-36.7%4.80 5.77-16.8%2.56 2.79-8.2%4,451.2 4,866.6-8.5%11,753.0 10,777.2 9.1%2,341.3 2,324.1 0.7%EV 12,305.2 12,030.1 2.3%14,237.6 13,955.1 2.0%5,196.2 4,983.1 4.3%EV 12,305.2 12,030.1 2.3%8,747.9 8,764.9-0.2%3,981.9 3,766.4 5.7%NBV 360.0 447.8-19.6%288.2 379.0-24.0%92.1 134.1-31.4%19.5%24.4%-4.9pct 24.1%27.8%-3.7pct 11.6%23.5%-11.9pct A 2022A 2021A 2022A 2021A 2022A 2021A 433.6 466.1-7.0%465.5 491.7-5.3%4,800.4 4,706.2 2.0%1,631.0 1,634.7-0.2%927.0 968.5-4.3%16,393.5 16,576.1-1.1%531.9 602.2-11.7%566.6 628.4-9.8%5,728.0 6,891.8-16.9%1,183.9 1,131.9 4.6%769.2 889.2-13.5%10,941.9 10,713.1 2.1%49.6 22.7 118.2%26.5 15.2 74.7%-98.2 149.5-34.3%244.1 216.4 12.8%1,746.9 2,159.6-19.1%EPS 3.15 4.79-34.2%0.55 0.49 12.2%-1,029.1 1,085.1-5.2%3,005.7 2,967.1 1.3%22,580.2 22,020.1 2.5%EV 2,555.8 2,588.2-1.3%1,037.7 1,114.3-6.9%35,332.6 34,670.8 1.9%EV 2,555.8 2,588.2-1.3%1,037.7 1,114.3-6.9%28,628.5 28,264.0 1.3%NBV 24.2 59.8-59.5%26.7 32.3-17.3%791.2 1,053.0-24.9%5.5%12.9%-7.4pct 5.7%6.6%-0.8pct-Wind 1 2 请务必阅 读正 文之后 的信息 披露和 重要声 明-6-2022“+”“+”1 2 3 4 13 5 1 2 3 2.1 2022 1-2.98%12+4.58%-4.87%+3.06%12+8.92%2022 44.8%1.6 2022 2022 2021 74.7%请务必阅 读正 文之后 的信息 披露和 重要声 明-7-2022 75.1%1 2022 2 2022 Wind Wind 2.2 1 2022 995.9 905.0 229.4 125.3 157.7 1.9%3.2%21.5%32.2%10.3%2.8pct 65.1%2021 59.8%2022 34.6%25.2“”35%10 2 2022+2.5%43.6%42.0%39.0%40.0%41.0%42.0%43.0%44.0%45.0%46.0%47.0%48.0%2021-012021-022021-032021-042021-052021-062021-072021-082021-092021-102021-112021-122022-012022-022022-032022-042022-052022-062022-072022-082022-092022-102022-112022-12 4 74.7%75.1%68.0%70.0%72.0%74.0%76.0%78.0%80.0%82.0%84.0%86.0%2021-012021-022021-032021-042021-052021-062021-072021-082021-092021-102021-112021-122022-012022-022022-032022-042022-052022-062022-072022-082022-092022-102022-112022-12 请务必阅 读正 文之后 的信息 披露和 重要声 明-8-3 1 22+332%5.3 1.7 29.8 10.6 3.1pct 60%22 19.2%1-3%22+2.4 7.0 6.0 16.6pct 7.1%9.3%14.3%20.6%2 2022A 2021A 2022A 2021A 2022A 2021A 6,151.9 6,183.3-0.5%5,430.1 5,672.8-4.3%2,253.4 2,116.9 6.5%1,847.7 1,758.6 5.1%1,389.9 1,500.7-7.4%663.7 489.1 35.7%/30.0%28.4%1.6pct 25.6%26.5%-0.9pct 29.5%23.1%6.4pct 995.9 1,015.2-1.9%905.0 935.1-3.2%229.4 292.3-21.5%/53.9%57.7%-3.8pct 65.1%62.3%2.8pct 34.6%59.8%-25.2pct 815.1 822.5-0.9%703.5 779.3-9.7%197.9 247.6-20.1%/81.8%81.0%0.8pct 77.7%83.3%-5.6pct 86.3%84.7%1.6pct 4,304.2 4,424.6-2.7%4,040.2 4,172.1-3.2%1,589.7 1,627.8-2.3%/70.0%71.6%-1.6pct 74.4%73.5%0.9pct 70.5%76.9%-6.4pct 2022A 2021A 2022A 2021A 1,631.0 1,634.7-0.2%927.0 968.5-4.3%433.6 466.1-7.0%465.5 491.7-5.3%/26.6%28.5%-1.9pct 50.2%50.8%-0.6pct 125.3 184.8-32.2%157.7 175.9-10.3%/28.9%39.6%-10.8pct 33.9%35.8%-1.9pct 100.7 145.6-30.8%88.7 95.5-7.1%/80.4%78.8%1.6pct 56.2%54.3%1.9pct 1,197.4 1,168.6 2.5%461.6 476.8-3.2%/73.4%71.5%1.9pct 49.8%49.2%0.6pct 请务必阅 读正 文之后 的信息 披露和 重要声 明-9-2+12.4%1.6 0.9 4.6 1.2pct 3 2022A 2021A 2022A 2021A 2022A 2021A 272.2 165.3 64.6%109.9 92.9 18.3%288.1 66.7 332.0%/14.7%9.4%5.3pct 7.9%6.2%1.7pct 43.4%13.6%29.8pct 259.9 275.4-5.6%194.4 223.0-12.8%146.2 130.1 12.4%/14.1%15.7%-1.6pct 14.0%14.9%-0.9pct 22.0%26.6%-4.6pct 2022A 2021A 2021A 2020A 280.6 252.4 11.2%284.4 285.2-0.3%/64.7%54.2%10.6pct 61.1%58.0%3.1pct 27.7 28.9-3.9%23.4 30.6 1.6%/6.4%6.2%0.2pct 5.0%6.2%-1.2pct 3 2022 4 2022 NBV 4 1-5.0%0.0%5.0%10.0%15.0%20.0%25.0%2019H1 2019A 2020H1 2020A 2021H1 2021A 2022H1 2022A-5.0%0.0%5.0%10.0%15.0%20.0%25.0%2019H1 2019A 2020H1 2020A 2021H1 2021A 2022H1 2022A 请务必阅 读正 文之后 的信息 披露和 重要声 明-10-22 62.1%50.0%52.2%/2022 2.8%5.2%9.3%23 5/6/2 2022 22+21.2%-15.3%57.0%9.7%7 2022 8 2022-80%-60%-40%-20%0%20%40%60%2018H12018A2019H12019A2020H12020A2021H12021A2022H12022A 0%5%10%15%20%25%30%35%40%45%50%2018A 2019H1 2019A 2020H1 2020A 2021H1 2021A 2022H1 2022A-6%-4%-2%0%2%4%6%8%10%2020-022020-042020-062020-082020-102020-122021-022021-042021-062021-082021-102021-122022-022022-042022-062022-082022-102022-12 212223242526272829300100002000030000400005000060000700002020Q12020Q22020Q32020Q42021Q12021Q22021Q32021Q42022Q12022Q22022Q32022Q4 请务必阅 读正 文之后 的信息 披露和 重要声 明-11-9/10/5 2022 13 13+2.5+4.0+7.7-1.1+6.4pct 25 13-6.9+0.9-5.3-6.6-9.4 pct 13 11 2022-60%-50%-40%-30%-20%-10%0%10%20%30%2018H1 2018A 2019H1 2019A 2020H1 2020A 2021H1 2021A 2022H1 2022A 0%10%20%30%40%50%60%70%80%2018H1 2018A 2019H1 2019A 2020H1 2020A 2021H1 2021A 2022H1 2022A 0.0%1.0%2.0%3.0%4.0%5.0%6.0%2017A 2018H1 2018A 2019H1 2019A 2020H1 2020A 2021H1 2021A 2022H1 2022A 请务必阅 读正 文之后 的信息 披露和 重要声 明-12-12 2022 13 13 2022 25 14 26 6 2022 18.5%25.9%46.9%49.4%47.6%15-51%NBV 18-29%23 70%75%80%85%90%95%100%2018H1 2018A 2019H1 2019A 2020H1 2020A 2021H1 2021A 2022H1 2022A 70%75%80%85%90%95%2018H1 2018A 2019H1 2019A 2020H1 2020A 2021H1 2021A 2022H1 2022A 4 2016A 2017A 2018A 2019A 2020A 2021A 2022A 149.5 157.8 143.9 161.3 137.8 82.0 66.8 111.1 138.6 141.7 116.7 102.4 60.0 44.5 65.3 87.4 84.7 79.0 74.9 52.5 27.9 32.8 34.8 37.0 50.7 60.6 38.9 19.7 18.9 25.6 24.6 39.1 41.4 18.6 9.7 2016A 2017A 2018A 2019A 2020A 2021A 2022A 52.7%5.6%-8.8%12.1%-14.6%-40.5%-18.5%27.7%24.8%2.3%-17.7%-12.3%-41.4%-25.9%35.5%33.8%-3.1%-6.7%-5.2%-29.9%-46.9%9.0%6.1%6.3%37.0%19.5%-35.8%-49.4%33.6%35.2%-4.0%59.3%5.9%-55.1%-47.6%请务必阅 读正 文之后 的信息 披露和 重要声 明-13-5 2019H1 2019A 2020H1 2020A 2021H1 2021A 2022H1 2022A NBV 29,314 56,791 25,003 40,688 25,185 39,031 31,958 47,639 8.5%16.4%-14.7%-28.4%0.7%-4.1%26.9%22.1%6,617 6,309 6,189 5,793 5,889 5,758 7,957 7,051-3.7%0.2%-6.5%-8.2%-4.8%-0.6%35.1%22.5%2019H1 2019A 2020H1 2020A 2021H1 2021A 2022H1 2022A 5,887 4,212 4,183 3,259 5,918 4,638 7,906 6,844 5.0%-9.0%-28.9%-22.6%41.5%42.3%33.6%47.6%/1.54 1.51 1.83 1.58 1.59 1.38 1.34 1.26-30.6%-7.9%18.8%4.6%-13.1%-12.7%-15.7%-8.7%2019H1 2019A 2020H1 2020A 2021H1 2021A 2022H1 2022A 4,472 3,387 3,578 2,617 3,105 2,725 3,840 3,237-13.8%-22.5%-20.0%-22.7%-13.2%4.1%23.7%18.8%14.0 13.3 13.5 12.8 10.5 9.1 6.1 4.5 4.9%3.5%-3.6%-3.8%-22.2%-28.9%-41.9%-50.5%38.8%33.1%26.4%23.8%19.1%19.1%17.5%15.0%pct-2.9pct-5.7pct-12.4pct-9.3pct-7.3pct-4.7pct-1.6pct-4.1pct 14 2022 15 2022 NBV 2.3 1 2022 1.2 0.4 0.2pct 1.8pct 1.6pct 0.2pct 1.9pct 02,0004,0006,0008,00010,00012,00014,00016,0002011A 2012A 2013A 2014A 2015A 2016A 2017A 2018A 2019A 2020A 2021A 2022A 0100002000030000400005000060000700002011A 2012A 2013A 2014A 2015A 2016A 2017A 2018A 2019A 2020A 2021A 2022A 请务必阅 读正 文之后 的信息 披露和 重要声 明-14-16 2022 17 2022 2 2022 8.3%10.4%11.6%6.2%6.6%6.7%2010-2022 0.49 689 83%1310 4.1%22 205.6+72.7%+59.6%2022+90%13.7%2 27.6%20.6%30.2%22.8%33.4%26.2%38.1%29.0%38.7%29.2%0%20%40%60%80%100%2018H1 2018A 2019H1 2019A 2020H1 2020A 2021H1 2021A 2022H1 2022A 21.7%23.2%22.3%23.4%24.4%24.7%24.5%26.6%26.6%28.2%0%20%40%60%80%100%2018H1 2018A 2019H1 2019A 2020H1 2020A 2021H1 2021A 2022H1 2022A 请务必阅 读正 文之后 的信息 披露和 重要声 明-15-18 2022 19 2022 Wind Wind 11.0%19.1%19.0%22 20 2022 21 2022 6 2020H1 2020A 2021H1 2021A 2022H1 2022A-5.0%-6.0%5.8%4.7%1.1%3.8%1.8%4.6%18.5%16.4%2.1%1.9%21.4%14.8%20.8%21.9%14.7%10.3%-5.6%-4.2%25.2%26.5%2.0%0.3%16.6%16.2%15.1%19.3%24.2%22.0%-58.6%-76.8%-73.1%-46.2%129.9%86.4%2020H1 2020A 2021H1 2021A 2022H1 2022A 05010015020025030035010-0610-1211-0611-1212-0612-1213-0613-1214-0614-1215-0615-1216-0616-1217-0617-1218-0618-1219-0619-1220-0620-1221-0621-1222-0622-12 010203040506070809017-0317-0617-0917-1218-0318-0618-0918-1219-0319-0619-0919-1220-0320-0620-0920-1221-0321-0621-0921-1222-0322-0622-0922-12-10%-5%0%5%10%15%20%25%30%2013A 2014A 2015A 2016A 2017A 2018A 2019A 2020A 2021A 2022A 0%5%10%15%20%25%请务必阅 读正 文之后 的信息 披露和 重要声 明-16-34.1%7.8%-45.7%-46.9%11.5%10.4%20.5%27.8%21.4%18.2%8.2%20.4%20.9%21.8%24.0%20.2%4.6%-18.7%14.4%12.0%14.8%8.1%1.7%-2020H1 2020A 2021H1 2021A 2022H1 2022A 3.3%-8.5%-3.9%-34.1%44.1%38.7%24.6%23.2%37.1%50.7%44.8%17.5%19.8%38.1%32.7%3 2022 97.6%97.3%100.3%1.7pct 3.1pct 1.8pct 21 23 22 22 2022 90%92%94%96%98%100%102%104%106%2012A2013A2014A2015A2016A2017A2018A2019A2020A2021A2022A 请务必阅 读正 文之后 的信息 披露和 重要声 明-17-3 2022 7 2020A 2021H1 2021A 2022H1 2022A 96.5%96.7%97.3%95.40%95.60%98.2%97.4%98.9%94.40%95.80%97.9%99.0%98.7%96.60%96.90%2020A 2021H1 2021A 2022H1 2022A 55.3%70.3%70.1%69.70%68.10%55.6%71.7%71.4%69.98%69.20%58.6%72.7%71.1%70.30%69.50%2020A 2021H1 2021A 2022H1 2022A 41.2%26.4%27.2%25.7%27.5%42.6%25.7%27.5%24.4%26.6%39.3%26.3%27.6%26.3%27.4%8 2020A 2021H1 2021A 2022H1 2022A 104.1%97.9%130.0%93.6%109.6%97.3%98.4%107.3%105.4%112.8%101.3%101.6%102.6%100.8%100.8%82.9%82.7%91.2%91.4%93.3%99.8%97.0%100.4%89.9%93.5%144.8%89.6%66.7%63.4%76.4%2020A 2021H1 2021A 2022H1 2022A 111.0%99.5%105.1%105.5%131.4%94.6%88.2%91.2%113.0%105.4%88.8%92.1%93.8%92.7%94.5%90.3%91.8%92.9%91.4%-2020A 2021H1 2021A 2022H1 2022A 113.8%103.8%101.9%102.1%101.6%99.9%92.9%-96.9%-101.1%99.2%98.5%99.7%99.8%99.9%99.9%99.6%97.8%97.7%请务必阅 读正 文之后 的信息 披露和 重要声 明-18-“”3.1 1 2022 5 5728 16.9%-28.3%1.6pct 4.3%9 2021H1 2021A 2022H1 2022A 2022H1 2022A 127,216 241,814 107,675 217,775-15.4%-9.9%110,879 228,852 67,686 163,986-39.0%-28.3%50,453 95,457 40,304 81,195-20.1%-14.9%32,604 60,217 23,529 53,188-27.8%-11.7%35,895 62,835 32,432 56,656-9.6%-9.8%5 357,047 689,175 271,626 572,800-23.9%-16.9%Wind 10/2019H1 2019A 2020H1 2020A 2021H1 2021A 2022H1 2022A 4.66%4.61%4.29%4.34%4.33%4.38%4.15%4.00%4.50%5.20%4.10%5.10%3.80%4.60%3.90%4.70%4.60%4.90%4.40%4.70%4.10%4.50%3.90%4.30%5.00%4.80%4.60%4.60%4.50%4.30%4.70%4.60%5.10%5.30%4.90%5.00%4.80%4.80%4.90%5.10%2019H1 2019A 2020H1 2020A 2021H1 2021A 2022H1 2022A 5.77%5.23%5.34%5.30%5.69%4.98%4.21%3.94%5.50%6.90%4.40%6.20%3.50%4.00%3.10%2.50%4.80%5.40%4.80%5.90%5.00%5.70%3.90%4.20%4.70%4.90%5.10%5.50%6.50%5.90%4.20%4.30%5.40%5.40%5.50%5.80%6.70%5.80%5.50%4.60%2019H1 2019A 2020H1 2020A 2021H1 2021A 2022H1 2022A 请务必阅 读正 文之后 的信息 披露和 重要声 明-19-7.03%6.28%5.46%5.97%5.60%4.88%3.98%2.81%5.44%7.21%3.68%5.59%3.59%3.95%3.51%2.62%5.72%6.18%5.15%6.53%4.84%5.54%3.49%3.49%5.48%5.78%5.77%6.31%6.21%5.53%3.34%3.33%7.58%7.08%5.97%6.59%6.24%6.00%3.50%2.94%11 2021H1 2021A 2022H1 2022A 89,764 188,770 97,009 190,344 70,928 148,453 77,278 154,738 10,512 28,718 13,028 29,704 35 55 56 87 606 1,216 890 2,187 7,683 10,328 5,757 3,628 37,487 53,099 10,722 27,518-2,009-5,091-3,511-8,751 7,604 22,721 5,678 21,360 117,638 214,057 98,542 187,751 2021H1 2021A 2022H1 2022A 30,953 63,259 32,285 65,021 4,047 9,060 6,345 13,456 383 742 366 703 35,383 73,061 38,996 79,180 15,051 21,899 1,046 1,819-277 1163-1065-61-1,219-4,178-1,055-5,300 402 1239 628 899 49,340 93,184 38,550 76,537 2021H1 2021A 2022H1 2022A 67 138 93 168 2,691 5,710 3,422 7,318 13,131 25,884 12,737 25,359 4,431 7,876 7,463 15,147 1,060 2,246 1,177 2,394 21,380 41,854 24,892 50,386 10,945 17,985-1,528 2,820-3-327-331-1,442-1,484-2,269-568-4,954 279 378 165-18 请务必阅 读正 文之后 的信息 披露和 重要声 明-20-31,117 57,621 22,630 46,792 2021H1 2021A 2022H1 2022A 438 710 218 394 15,627 32,083 17,416 34,473 15,734 31,578 15,914 33,024 154 616 1605 1865 106 458-153-451-367-569 23 35 12,554 15,999 7,195 4,123 2,821 5,563 4,866 10,480 10,412 10,660 2,517-4,796-250 321 266 54-429-545-454-1,615 6,743 14,276 7,599 16,275 6,428 13,573 7,163 15,466 315 703 436 809 35,362 63,068 32,428 55,265 25,711 52,270 28,645 60,355 2 2022-552.4+50.8-135.6-110.4 2022-49.3-47.1+63.7-35.8+34.4 12 2020H1 2020A 2021H1 2021A 2022H1 2022A 22.8 257.5-19.5-45.5-55.5-552.4-120.1-212.5 17.2-20.8 84.6 50.8 25.3 96.2-13.8-27.3-38.3-135.6 29.0 72.9-14.2-37.9-47.9-110.4 2020H1 2020A 2021H1 2021A 2022H1 2022A 4,159 4,501 4,714 4,786 4,799 4,451 7,020 7,626 7,918 8,124 8,487 11,753 1,968 2,152 2,185 2,267 2,267 2,341 912 1,017 1,065 1,085 1,045 1,029 2020H1 2020A 2021H1 2021A 2022H1 2022A 0.5%5.7%-0.4%-1.0%-1.2%-12.4%-1.7%-2.8%0.2%-0.3%1.0%0.4%1.3%4.5%-0.6%-1.2%-1.7%-5.8%3.2%7.2%-1.3%-3.5%-4.6%-10.7%请务必阅 读正 文之后 的信息 披露和 重要声 明-21-13 2020H1 2020A 2021H1 2021A 2022H1 2022A 2021A 2022A 206.2 148.3 195.4 341.4 298.8 238.2 193.2-103.24 386.1 815.4 738.9 575.7 486.2-272.2-239.7-847.92 2020H1 2020A 2021H1 2021A 2022H1 2022A 2021A 2022A 98.4 55.1 70.0 133.0 131.4 127.6 77.9-5.43 267.8 467.6 425.1 336.8 230.5 17.1-130.8-319.7 2020H1 2020A 2021H1 2021A 2022H1 2022A 2021A 2022A 43.2 23.6 31.7 55.1 55.9 29.8 31.5-25.3 125.4 258.6 199.1 144.1 24.1-88.8-114.5-232.9 3.2 1 2022 14 2020H1 2020A 2021H1 2021A 2022H1 2022A 314.3 548.6 530.5 503.0 447.5-49.3 16.2-68.3-53.8-91.7-10.2-47.1 154.2 223.4 209.8 196.6 159.1 63.7 68.6 112.5 98.3 74.7 26.7-35.8 134.0 174.7 153.9 188.5 99.1 34.4 2020H1 2020A 2021H1 2021A 2022H1 2022A 4,159 4,501 4,714 4,786 4,799 4,362 7,020 7,626 7,918 8,124 8,487 8,587 1,968 2,152 2,185 2,267 2,267 2,284 912 1,017 1,065 1,085 1,045 1,029 1,922 2,022 2,117 2,191 2,215 2,215 2020H1 2020A 2021H1 2021A 2022H1 2022A 7.6%12.2%11.3%10.5%9.3%-1.1%0.2%-0.9%-0.7%-1.1%-0.1%-0.5%7.8%10.4%9.6%8.7%7.0%2.8%7.5%11.1%9.2%6.9%2.6%-3.5%7.0%8.6%7.3%8.6%4.5%1.6%请务必阅 读正 文之后 的信息 披露和 重要声 明-22-2022 5%-19%40%-51%11%-15%2 15 2021A 2022H1 2022A 2022H1 2022H1 2022A 5,294.9 5,108.3 4,855.7-8.3%11.23%10.26%9.59%22,734.2 23,396.1 24,584.4 8.1%48.20%47.00%48.54%4,147.7 5,592.5 5,780.4 39.4%8.79%11.23%11.41%14,991.4 15,680.3 15,429.4 2.9%31.78%31.50%30.46%47,168.3 49,777.1 50,649.8 7.4%100.00%100.00%100.00%2021A 2022H1 2022A 2022H1 2022H1 2022A 2,084.2 2,517.9 2,341.4 12.3%5.32%5.90%5.36%19,043.7 21,290.6 22,161.0 16.4%48.63%49.85%50.73%4,539.1 5,071.1 4,847.4 6.8%11.59%11.87%11.10%13