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Table_RightTitle|Table_Title Table_IndustryRank()Table_ReportType Table_ReportDate 2023 06 29 Table_Summary 2021 50%2022 12 IPO 2021 9468 2015 4801 97.2%12.0%2.2%2015 43%2021 47%2002 20 2019-2021 28.7 36.2 CAGR 12%0.62 3.4 CAGR 133%2022/-26%/-57%&2022/12.67/5.30/6.55 2022 TIRACLE PRO CICI AWARD Table_Chart 300 Table_ReportList 5 PLLA-PEG NMPA Table_Authors:S0270519060001 18665372087:S0270522030002 15521202580-25%-20%-15%-10%-5%0%5%美容护理 沪深300 Table_Pagehead|2 24 TOP 1&4000 30 200 500 2019-2021 CAGR 133%CAGR 12%2022/-26%/-57%2019-2022 60.9%63.5%2.1%5.1%0YDWvMqNtQnMqOsRqNrOoPaQbP7NoMpPtRsRlOnNtMjMrRsR7NrRxPvPnRqPwMsPpR Table_Pagehead|3 24$start$1.5 1.1.5 1.2.7 2.8 2.1.8 2.2.9 2.3.9 2.4 2022.10 2.5 IPO.12 3.13 3.1&.13 3.1.1.13 3.1.2.14 3.2&.16 3.2.1.16 3.2.2.18 3.3.18 3.3.1.18 3.3.2 200.19 3.4.19 4.21 5.23 6.23 1.5 2.5 3.5 4.6 5.6 6.6 7.7 8 2021 top5.7 9 2021 Top10.7 10 2021.8 11.9 12.9 13.10 14.11 15.11 16.11 17.11 18.11 19 2022.11 20.12 21 IPO.12 Table_Pagehead|4 24 22.14 23.14 24.14 25.15 26.15 27.16 28.17 29.17 30.17 31.17 32.17 33.17 34 2023 3 14.18 35.18 36.18 37.19 38 TIRACLE AGSE.19 39.20 40.20 41.20 42 2022.21 43 2022.21 44 2019-2022 CAGR.21 45 2019-2022 CAGR.21 46 2019-2022.22 47 2019-2022.22 48 2019-2022%.22 49 2019-2022%.22 50 2019-2022.23 51 2019-2022.23 Table_Pagehead|5 24 1 1.1 2021 9468 2015-2021 CAGR 12.0%CAGR 2.2%2021 9.4%,2026 14822 2021 4649 2679 2026 7527 3878 2087 959 371 2021 670 3605 3640 3474 1 204.6 248.5 282.7 309.7 355.8 410.1 464.9 515.6 569.6 626.9 688.3 752.7 63.9 75.6 85.2 93.0 104.5 115.0 129.5 142.5 157.8 173.8 190.7 208.7 151.4 173.6 189.2 202.2 222.3 245.1 267.9 289.3 311.9 336.3 361.3 387.8 23.0 28.5 32.5 36.0 40.8 46.5 53.5 60.5 68.3 76.8 86.0 95.9 37.2 39.3 40.9 41.2 41.8 28.6 31.0 32.7 33.8 35.0 36.1 37.1 02004006008001,0001,2001,4001,6002015 2016 2017 2018 2019 2020 2021 2022E 2023E 2024E 2025E 2026E护肤 彩妆 洗护 母婴 其他 2 3 0%5%10%15%20%02004006008001,0001,2001,4001,600 YoY 3493194343728606703605 3640347401000200030004000 2015 2021 Table_Pagehead|6 24 1 2015-2021 2046 4649 CAGR 14.7%/CAGR 22.5%/9.4%2 2015 230 2021 535 CAGR15.1%/CAGR 30.1%/5.5%3 2015 1514 2021 2679 CAGR 10%/CAGR 24.6%/3.3%4 5 6-50%-30%-10%10%30%50%70%01002003004005002015 2016 2017 2018 2019 2020 2021 2022E 2023E 2024E 2025E 2026E YOY YOY-50%-30%-10%10%30%50%70%01020304050607080 YOY YOY-50%-30%-10%10%30%50%70%050100150200250 YOY YOY Table_Pagehead|7 24 1.2 2021 4470 5000 2015 43%7 2021 47%2021 21.9%2.0%1.9%1.7%7 8 2021 top5 9 2021 Top10 204 246 277 302 349 391 44727631935338141645450043%44%44%44%46%46%47%40%41%42%43%44%45%46%47%48%010020030040050060070080090010002015 2016 2017 2018 2019 2020 2021 2.0%1.9%1.7%1.7%1.6%7.7%5.9%3.8%2.4%2.1%1.4%1.3%1.2%1.0%0.9%Table_Pagehead|8 24 2021 47%72%2 2002 20 2021 15 2015 2021 2.1 2002 2003 TIRACLE 2004 2005 2014 2015 2019 2022 2022 10 2021 53%47%28%72%28%72%46%54%Table_Pagehead|9 24 11 2.2 67%40.96%45.96%IPO 2022 87.28%67%2.3,10 20 5 20 12 iFind 37.14%27.21%15.34%2.66%0.42%2.09%1.92%1.40%2.09%0.42%93.33%83.7%100%100%9.31%Table_Pagehead|10 24 13 2.4 2022,2022 2019-2021 28.7 36.2 CAGR 12.2%0.6 3.4 CAGR 132.7%2022/-26%/-57%Table_Pagehead|11 24 14 15 2019-2022 60.9%63.5%2.1%5.1%2022 12.5%2019-2022 43%2022 47%2022 4.1%2.9%0.8%16 17 iFind iFind 18 19 2022 28.733.836.226.8-30%-20%-10%0%10%20%0.010.020.030.040.02019 2020 2021 2022 yoy 0.62.03.41.5-100%0%100%200%300%0.01.02.03.04.02019 2020 2021 2022 yoy 0.0%20.0%40.0%60.0%80.0%2019 2020 2021 2022 40.0%42.0%44.0%46.0%48.0%50.0%0.0%2.0%4.0%6.0%8.0%10.0%12.0%14.0%2019 2020 2021 2022 0.010.020.030.040.02019 2020 2021 2022 72.70%26.40%0.90%Table_Pagehead|12 24 20 2.5 IPO 2022 IPO 30%40%50%60%70%80%2019 2020 2021 21 IPO(a)(b)KOL 17%(a)(b)KOL 4%IP IP 8%3%(a)(b)(c)9%(a)(b)(c)4%55 5%Table_Pagehead|13 24 3 3.1&3.1.1 2003,25 40 2014 18 35 2015 2023(a)62(b)15%(a)(b)(c)14%(a)(b)(c)4%-(a)(b)(c)8%-10%Table_Pagehead|14 24 22 23 2003 100-400 2014 80-290 2015 60-260 2019 80-400 2019 170-420 2021 160-210 2022 99-569 2022 119-439 3.1.2 2019 2022 32%-47%2019 37%2022 20%2019 18%2022 6%24%2020 2022 8%24 32%39%45%47%37%30%23%20%18%23%24%24%13%8%8%8%0%20%40%60%80%100%2019 2020 2021 2022 Table_Pagehead|15 24 20 2003 TIRACLE 2019 2020 2021 2021”2020 29 2021 34 2022 12.67 2021 22.3%2022 47.4%2022 TIRACLE PRO CICI AWARD TOP 1 25 2019 2020“”2021 17 2022 5.30 2021 36.2%19.8%2022 2022 8 26 Table_Pagehead|16 24 2021 18 2022 6.55 2021 24.8%24.5%2022 4S-FUTURE FMCG-27 3.2&3.2.1 1 2019-2022 2019 0.5 2022 4.75 2022 17.7%2 2019-2022 20%3 2019-2021 30-47%2021 2022 2019 4000 Table_Pagehead|17 24 28 29 30 31 32 33-50%-30%-10%10%30%50%70%0.05.010.015.020.025.030.02019 2020 2021 2022 52%75%75%75%46%23%23%23%0%20%40%60%80%100%2019 2020 2021 2022-200%0%200%400%010202019 2020 2021 2022 31%47%42%40%2%5%14%18%20%23%18%18%0%20%40%60%80%100%2019 2020 2021 2022-60%-40%-20%0%20%40%02004006008002019 2020 2021 2022 23.10%11.40%13%12.40%22.60%11.40%9.90%10.60%0%10%20%30%40%50%2019 2020 2021 2022 Table_Pagehead|18 24 3.2.2 KOL KOL FACT V”2023 3 14 2200 34 2023 3 14 3.3 3.3.1 2003 20 7 30 2022 204 81 39.7%2019 0.83 2022 1.10 2%-4%35 36 iFinD 0.830.771.051.100%1%2%3%4%5%0.000.200.400.600.801.001.202019 2020 2021 2022 1.6%2.1%2.6%3.1%3.6%4.1%4.6%5.1%2019 2020 2021 2022 Table_Pagehead|19 24 3.3.2 200 TIRACLE TIRACLE PRO AGSE-AN+TIRACLE 500 2019 2020 2021 TIRACLE AGSE 35.2%51.9%57.1%2022 6 97%37 TIRACLE AGSE AN+38 TIRACLE AGSE 3.4 2019-2021 2.4 3.5 35.20%51.90%57.10%30%35%40%45%50%55%60%2019 2020 2021 TIRACLE AGSE Table_Pagehead|20 24 39 2019 2020 2021 2022H1 23,770.0 33,773.2 34,572.2 10,429.6 340.2 851.0 732.2 98.0 463.1 8.5 24,581.8 34,624.2 35,304.4 10,527.6 40 45 5.2 2.6 41/2.61 2024 6 5.18 0%20%40%60%80%100%2019 2020 2021 2022H1 Table_Pagehead|21 24 4 71.06 2022 26.75 1.47 42 2022 43 2022 iFind iFind 2019-2022 CAGR 50.0%CAGR 33%2019-2022 CAGR-2.4%44 2019-2022 CAGR 45 2019-2022 CAGR iFind iFind 71.0663.85 63.5950.1426.7517.320.0010.0020.0030.0040.0050.0060.0070.0080.0010.519.718.174.721.741.470.002.004.006.008.0010.0012.00-10.0%0.0%10.0%20.0%30.0%40.0%50.0%60.0%-40%-30%-20%-10%0%10%20%30%40%Table_Pagehead|22 24 2022/76.99%/15.12%/75.21%/20.95%46 2019-2022 47 2019-2022 iFind iFind 0.3%1.3%48 2019-2022%49 2019-2022%iFind iFind 2022 50.00%60.00%70.00%80.00%2019 2020 2021 2022 0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%2019 2020 2021 2022 0.00%20.00%40.00%60.00%80.00%100.00%2019 2020 2021 2022 0.00%2.00%4.00%6.00%8.00%2019 2020 2021 2022 Table_Pagehead|23 24 50 2019-2022 51 2019-2022 iFind iFind$end$end$5 2021 50%2022 12 IPO 6 0.00200.00400.00600.00800.000.0010.0020.0030.0040.0050.002019 2020 2021 2022 0.001.002.003.004.005.002019 2020 2021 2022 Table_Pagehead|24 24 6 10 6 10-10 6 10 Table_StockRankInfo 6 15 6 5 15 6-5 5 6 5 300 Table_RiskInfo Table_PromiseInfo Tale_ReliefInfo Table_AdressInfo 1528 28 2007 11
