请 务必阅读 正文之 后的信 息披露 和重要声 明 investSuggestion investSuggestionChange/2023E EPS 2024E EPS 1.40 1.55 1.47 1.61 0.52 0.59 0.35 0.44 8.79 7.79 2023 2023-11-05 2023 2023-09-08 2023 2023-06-25 emailAuthor S0190521060001 SFC BMM189 SAC S0190519060002 assAuthor summary A H 300 1-4 7 2023 1987 2012“”ROE ROE ROE 2012 ROE B iFinD ROE title createTime1 请 务必阅读 正文之 后的信 息披露 和重要声 明-2-1 2023.-4-1.1 A.-4-1.2 H.-5-1.3.-7-1.4.-9-2.-10-2.1.-10-2.2.-11-2.3.-16-3.-17-3.1 ROE.-17-3.2.-18-3.3.-20-3.4.-23-3.5.-24-3.6.-27-4 2024.-29-4.1.-29-4.2.-29-4.3.-34-5.-35-1 2023 300.-4-2 2023.-6-3.-6-4 IPO.-6-5.-7-6.-7-7.-7-8.-7-9 2023.-9-10 4.-12-11 ROE ROA.-17-12 ROE.-17-13 ROE.-18-14 2023 1-9.-19-15.-19-16 2023 1-9 IPO.-20-17 2023 1-9.-20-18.-20-19.-20-20.-24-21.-24-XVCXvMtOmPoPrPpMnQsNqRaQcM9PsQmMnPoNkPoPmNfQsQzQ6MoPpMNZqMyRuOnRqQ 请 务必阅读 正文之 后的信 息披露 和重要声 明-3-22.-25-23.-25-24.-26-25 8080.-26-26.-26-27.-26-28.-27-29.-27-30.-32-31 PB-Band.-32-32 PB-ROE.-32-33.-33-1 2023.-5-2 2023.-8-3 2023 pct.-8-4 2023.-10-5 2023.-11-6 1995-2001“”.-12-7“”.-13-8“”.-14-9 2012.-15-10.-16-11.-19-12 pct.-21-13%pct.-21-14.-22-15.-28-16 2023-2024.-29-17“”.-30-18.-33-19.-35-请 务必阅读 正文之 后的信 息披露 和重要声 明-4-1 2023 A H 300 1-4 5-6 7 24“”1.1 A 2023 11 17()11.3%300 19.2()()17.5 19.6 8.3“”4.1%300 0.5 4 5-6 7 24“”“”7.1%300 11.1 Wind 2023 11 17-15%-10%-5%0%5%10%15%20%25%2023-01-032023-01-172023-01-312023-02-142023-02-282023-03-142023-03-282023-04-112023-04-252023-05-092023-05-232023-06-062023-06-202023-07-042023-07-182023-08-012023-08-152023-08-292023-09-122023-09-262023-10-102023-10-242023-11-07 300()()()()请 务必阅读 正文之 后的信 息披露 和重要声 明-5-300 4.6%-5.1%-4.0%-3.3%()-2.7%2.7%4.5%-12.2%()-2.7%-0.1%1.5%-4.8%()8.5%-3.0%-1.5%-0.6%()-7.3pct 7.8pct 8.4pct-8.9pct()-7.3pct 5.0pct 5.5pct-1.5pct()3.9pct 2.1pct 2.5pct 2.7pct 300 4.6%-0.8%-4.7%-7.8%()-2.7%-0.1%4.4%-8.3%()-2.7%-2.8%-1.4%-6.1%()8.5%5.3%3.7%3.1%()-7.3pct 0.7pct 9.1pct-0.5pct()-7.3pct-2.1pct 3.3pct 1.7pct()3.9pct 6.0pct 8.5pct 10.9pct Wind 2023 11 17 1.2 H 2023 11 17 11.76%10.89%22.91%10.77%931024.CSI 13.12%-1.35pct 6.37%请 务必阅读 正文之 后的信 息披露 和重要声 明-6-Wind 2023 11 17 2023 1-10 52 316.73-62.8%1-10 ADT 1066-12.7%1 2023 2023 10 30.76-13.77%2 3 4 5 11 17 PE-TTM 8.29 PB 0.86 2015 3.80%2.36%2 2023 10 0.26%2020 Wind Wind-30%-20%-10%0%10%20%23-01-0323-01-1723-01-3123-02-1423-02-2823-03-1423-03-2823-04-1123-04-2523-05-0923-05-2323-06-0623-06-2023-07-0423-07-1823-08-0123-08-1523-08-2923-09-1223-09-2623-10-1023-10-2423-11-07-05001,0001,5002,0002,5003,0002003-012004-022005-032006-042007-052008-062009-072010-082011-092012-102013-112014-122016-012017-022018-032019-042020-052021-062022-072023-08 ADT051015202501002003004005006007002021-012021-032021-052021-072021-092021-112022-012022-032022-052022-072022-092022-112023-012023-032023-052023-072023-09 请 务必阅读 正文之 后的信 息披露 和重要声 明-7-Wind Wind Wind Wind 1.3 2023 43 3,819 1,100+1.9%+6.5%768.76 352.43 347.31 1,171.36 342.50 208.67-12.5%-18.3%+1.4%+63.4%-21.9%+1.2%24.1%11.0%10.9%36.7%10.7%6.5%-5.0-3.3-0.5+12.9-3.8-0.3pct 051015202015-012015-082016-032016-102017-052017-122018-072019-022019-092020-042020-112021-062022-012022-082023-032023-10 PE-TTM 05,00010,00015,00020,00025,00030,00035,0002015-012015-082016-032016-102017-052017-122018-072019-022019-092020-042020-112021-062022-012022-082023-032023-100100,000200,000300,000400,000500,000600,0002020-012020-032020-052020-072020-092020-112021-012021-032021-052021-072021-092021-112022-012022-032022-052022-072022-092022-112023-012023-032023-052023-072023-09 0.0%0.1%0.2%0.3%0.4%0.5%0.6%2020-012020-042020-072020-102021-012021-042021-072021-102022-012022-042022-072022-102023-012023-042023-072023-10 请 务必阅读 正文之 后的信 息披露 和重要声 明-8-3,819.17 3,749.24 1.9%69.93 1,099.73 1,032.98 6.5%66.75 1,468.50 1,652.61-11.1%-184.11 1,513.86 1,155.47 31.0%358.38 768.76 878.36-12.5%-109.60 352.43 431.59-18.3%-79.16 347.31 342.66 1.4%4.65 1,171.36 716.81 63.4%454.54 342.50 438.66-21.9%-96.16 208.67 206.16 1.2%2.51 24.1%29.1%-5.0pct-11.0%14.3%-3.3pct-10.9%11.4%-0.5pct-36.7%23.8%12.9pct-10.7%14.6%-3.8pct-6.5%6.8%-0.3pct-Wind 43=+=-=/-2023 43 718.4%747.7%2023-0.9%-23.4%-11.6%2023 5 10 ROE ROE 5.67%5.03%43 4.54%4.35 4.17 43 3.81 498.21 458.07-8.1%165.68 164.14-0.9%6.8%6.2%-0.61 3.98 4.21 5.6%请 务必阅读 正文之 后的信 息披露 和重要声 明-9-236.18 272.29 15.3%78.21 95.86 22.6%5.4%6.2%0.80 4.13 4.17 0.8%267.15 270.29 1.2%84.28 86.27 2.4%5.8%5.6%-0.18 4.64 4.56-1.8%272.78 254.83-6.6%64.40 66.03 2.5%6.2%6.7%0.47 4.83 4.69-2.9%152.98 148.71-2.8%62.80 64.02 1.9%5.9%5.8%-0.05 4.38 4.31-1.7%175.15 180.14 2.8%52.34 58.10 11.0%4.8%4.8%-0.01 3.84 3.83-0.2%227.03 183.84-19.0%64.37 56.91-11.6%8.7%7.1%-1.66 4.29 4.28-0.4%133.04 124.43-6.5%47.62 48.74 2.3%5.2%5.0%-0.18 3.13 3.26 4.0%193.93 174.66-9.9%60.12 46.08-23.4%7.1%4.8%-2.27 5.60 5.21-6.9%189.38 225.74 19.2%60.75 43.62-28.2%3.7%2.6%-1.08 3.59 3.48-3.0%Wind TOP5 TOP10 2023 5 10 TOP5 TOP10 43 ROE 2023 1.4 43 43 2023 CR5 2022 1.54 8.70pct 38.1%38.6%2023 Wind 30%32%34%36%38%40%42%44%46%48%50%2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023Q3 CR5 CR5 请 务必阅读 正文之 后的信 息披露 和重要声 明-10-33.1%35.0%35.4%34.8%34.2%34.9%34.3%34.4%34.1%34.0%34.3%42.2%39.6%36.1%36.0%38.0%44.1%43.6%46.3%48.0%51.6%49.5%52.6%59.5%55.4%53.9%50.1%53.2%52.3%59.4%64.8%61.5%61.4%44.3%43.0%41.0%48.3%54.6%57.2%45.0%41.8%46.1%45.0%40.9%47.6%44.0%41.8%44.4%45.5%37.3%40.7%41.9%42.0%57.2%46.9%Wind CR5=/43=+2 ROE 2.1 7 2016-2022 IPO 358 274 235 2023 3“”“”7 10 请 务必阅读 正文之 后的信 息披露 和重要声 明-11-5 2023 2022.12.26 2023.5.30 50 15 20 15 50 5 5 5 5 10 5 15 2022.9.28 2023.06.09 70 20 40 10 50 35 10 5 2022.04.30 2023.07.22 70 33 21 8 2 6 2023.07.01 2023.09.22 60 15 10 10 25 60 15 10 10 5 5 15 2022.9.14 2023.10.23 270 240 30 2022.12.31 2023.10.30 280 100 80 50 30 20 Wind 2.2 2012“”请 务必阅读 正文之 后的信 息披露 和重要声 明-12-1987 1995 97 832 1995-2001“”1994-1998 87 2000 8 1995 1996 1999 5 2001 1995-2001 2004-2006 2008-2010 2012 请 务必阅读 正文之 后的信 息披露 和重要声 明-13-2001 5 2004 103.64 2004“”“”“”7()()()()()()()21()()()()请 务必阅读 正文之 后的信 息披露 和重要声 明-14-()()()()(2006)2006 4 2008 6 1“2”“”“”5“”“”“”“”8 78.6%37.2%2012 18.15%2013 21.3%100.0%43.4%14.0%请 务必阅读 正文之 后的信 息披露 和重要声 明-15-7.7%40.0%66.1%8.6%9.587 56.63 9.90 91.4%100.0%60.0%2010 60 45 8 80.1%97.7%2009 9“”2023 11 99.92%61.3%95.6%2019 12 98.41 76.12%46.2%47.3%1.03 2008 9 47.27%15.72%Wind 2009 6 2012“”2013 7 80.1%2020 2016 11 100%2017 4 2019 7 2023 3 91 30.3%2019“”“”2011 12 2013 7 80.1%2013 11 2014 1 80.47%2013 11 2015 1 100%IPO 请 务必阅读 正文之 后的信 息披露 和重要声 明-16-2014 1 2014 8 100 2014 3 2014 7 51%2015 3 2015 12 100%2016 11 2017 4 100%2018 12 2020 1 100%2019 5 2020 4 29.99%2019 11 2022 6 10.92%2023 3-30.3%Wind 2.3 22 50 70-80%15.5%26.3%49.2%40.1%23.5%25.1%-98.2%78.7%45.0%-67.0%-57.7%-72.0%-71.7%46.4%-76.1%请 务必阅读 正文之 后的信 息披露 和重要声 明-17-()30.2%-80.0%-83.1%100.0%-100.0%99.8%-41.8%Wind 2023 11 17 3 3.1 ROE ROE=*ROA=*ROA 2009 1.38 2023H1 3.39 ROE ROE ROE ROA ROA ROA ROE 0.0%1.0%2.0%3.0%4.0%5.0%6.0%7.0%0.0%5.0%10.0%15.0%20.0%25.0%2009A2010A2011A2012A2013A2014A2015A2016A2017A2018A2019A2020A2021A2022A2023H1 ROE ROA 0.00.51.01.52.02.53.03.54.00.0%5.0%10.0%15.0%20.0%25.0%2009A2010A2011A2012A2013A2014A2015A2016A2017A2018A2019A2020A2021A2022A2023H1 ROE 请 务必阅读 正文之 后的信 息披露 和重要声 明-18-3.2 2023 A 8,919 6.5%A 2023 0.021%16.9%2023 7,753 2,335 30.8%36.5%请 务必阅读 正文之 后的信 息披露 和重要声 明-19-Wind Wind 11 0.01-0.02-0.0341 0.125 2023 8 18 2023 8 28 A/B 0.00487%0.00341%0.025%0.0125%0.5 2023 8 27 2023 8 28 0.221 2023 IPO 3,238 4,848 132 33.4%2.3%76.6%2023 8 27“IPO”IPO 02,0004,0006,0008,00010,00012,00014,00016,0002021-012021-032021-052021-072021-092021-112022-012022-032022-052022-072022-092022-112023-012023-032023-052023-072023-09 2022 0.00%0.02%0.04%0.06%0.08%0.10%0.12%2010A2011A2012A2013A2014A2015A2016A2017A2018A2019A2020A2021A2022A2023H1 请 务必阅读 正文之 后的信 息披露 和重要声 明-20-Wind Wind 2023 11 22 14 Wind Wind 3.3 2017 2023 20 2,417 1,981 9,588 3,251 9,263 6,438 27,525 5,942 28%24%21%12%02004006008001,0001,2002021-012021-032021-052021-072021-092021-112022-012022-032022-052022-072022-092022-112023-012023-032023-052023-072023-09亿元IPO 2022月均IPO 规模05001,0001,5002,0002,5002021-012021-032021-052021-072021-092021-112022-012022-032022-052022-072022-092022-112023-012023-032023-052023-072023-09亿元增发 2022 月均增 发规模05001,0001,5002,0002,5003,0003,5004,0004,5005,0002021-012021-032021-052021-072021-092021-112022-012022-032022-052022-072022-092022-112023-012023-032023-052023-072023-09 2022 65,00070,00075,00080,00085,00090,0002021-012021-032021-052021-072021-092021-112022-012022-032022-052022-072022-092022-112023-012023-032023-052023-072023-09 2022 请 务必阅读 正文之 后的信 息披露 和重要声 明-21-50%2023 20 18.8%13.1%56.0%12.1%2017+4.82+1.60+0.36-6.77pct 12 pct 2017A 2018A 2019A 2020A 2021A 2022A 2023H CAGR 2,417 2,632 4,285 6,609 7,246 7,561 9,263 28%1,981 2,560 2,857 3,332 5,511 6,813 6,438 24%9,588 14,684 17,752 19,863 22,932 25,921 27,525 21%3,251 2,751 3,387 4,316 5,642 4,590 5,942 12%17,237 22,628 28,280 34,121 41,330 44,886 49,168 21%2017A 2018A 2019A 2020A 2021A 2022A 2023H 14.0%11.6%15.2%19.4%17.5%16.8%18.8%4.82 11.5%11.3%10.1%9.8%13.3%15.2%13.1%1.60 55.6%64.9%62.8%58.2%55.5%57.7%56.0%0.36 18.9%12.2%12.0%12.7%13.7%10.2%12.1%-6.77 20=+=+=/20 1 2017-2022 2019-2021 2022 2 20 2017-2022 3.3%-5.0%1.7%13%pct 2017 2018 2019 2020 2021 2022 4.3%3.6%4.2%3.7%3.8%3.1%-1.15 3.8%4.5%4.3%4.3%3.8%3.7%2.8%-1.69 3.9%4.6%3.7%4.5%3.8%3.7%2.8%-1.76 3.8%4.6%3.9%5.0%4.5%4.4%2.6%-2.00 4.1%4.9%3.5%4.6%4.6%4.2%2.6%-2.27 4.1%3.9%3.8%4.5%4.0%4.1%2.9%-1.01 3.8%3.9%4.6%4.4%4.8%4.1%2.9%-0.95 4.1%3.8%4.1%5.1%4.1%4.1%3.4%-0.48 4.1%4.3%4.6%5.2%4.5%5.0%3.0%-1.28 4.4%4.2%4.7%4.6%4.2%4.1%2.6%-1.64 4.1%4.1%3.8%3.9%3.8%3.7%2.9%-1.13 3.7%5.0%3.1%4.3%4.4%3.5%2.3%-2.63 3.8%5.2%3.6%5.1%5.1%4.3%2.4%-2.84 4.3%请 务必阅读 正文之 后的信 息披露 和重要声 明-22-4.0%3.6%4.0%3.8%3.3%2.6%-1.33 3.5%3.8%4.6%5.1%4.3%4.4%2.6%-1.20 4.1%5.5%4.9%6.1%6.0%4.5%2.8%-2.77 5.0%3.4%3.6%3.6%3.0%3.2%2.9%-0.46 3.3%3.8%5.0%5.4%5.2%5.1%2.9%-0.85 4.6%4.0%4.6%4.4%4.8%4.6%2.9%-1.13 4.2%3.7%3.7%5.2%4.2%4.6%3.4%-0.33 4.1%=+/-/-6 2017 2023 43 26.9%4.22 110.5%86.6%85.4%14 2017 2018 2019 2020 2021 2022 2023H 5.31 5.66 6.24 6.75 7.30 6.70 6.39 20.5%2.93 2.93 3.27 4.52 5.13 5.72 6.16 110.5%4.22 3.73 4.92 5.10 5.53 5.86 6.15 45.8%2.96 3.03 3.67 4.43 4.95 5.15 5.52 86.6%3.65 3.89 4.56 4.56 5.10 5.04 4.98 36.5%3.55 2.95 3.76 4.39 4.64 4.67 4.81 35.6%3.16 3.48 3.78 3.89 4.41 4.36 4.65 47.2%3.29 3.73 3.34 3.47 3.73 4.21 4.64 40.8%3.43 3.54 4.04 4.57 5.06 4.21 4.49 30.9%3.43 3.79 3.47 3.43 3.84 4.36 4.38 27.8%4.15 4.04 3.67 4.37 4.64 4.39 4.37 5.3%2.26 2.05 2.50 3.48 3.34 3.79 4.20 85.4%3.38 3.02 3.02 3.58 3.91 3.94 4.11 21.5%3.27 3.32 2.82 2.36 3.33 3.44 3.86 18.1%2.49 2.60 2.99 3.14 3.37 3.74 3.81 53.3%2.88 3.38 3.39 3.03 3.27 3.14 3.62 25.7%2.97 3.76 3.45 2.84 3.44 3.60 3.58 20.6%3.48 3.86 3.89 3.48 3.50 3.59 3.57 2.7%3.81 3.73 4.12 4.06 4.00 3.38 3.56-6.6%3.30 3.49 3.24 3.30 3.16 3.43 3.48 5.6%43 Wind=-/-请 务必阅读 正文之 后的信 息披露 和重要声 明-23-3.4 20 70“”6%20%“”请 务必阅读 正文之 后的信 息披露 和重要声 明-24-3.5 2016-2022 1,998 2,251 49,572 33,511 70.8%56.8%2023 7 9,136 13,923 1700-2700 2023 7 2023 7 02,0004,0006,0008,00010,00012,0002015-092016-012016-052016-092017-012017-052017-092018-012018-052018-092019-012019-052019-092020-012020-052020-092021-012021-052021-092022-012022-052022-092023-012023-05亿元 05,00010,00015,00020,00025,0002015-092015-122016-032016-062016-092016-122017-032017-062017-092017-122018-032018-062018-092018-122019-032019-062019-092019-122020-032020-062021-022021-052021-08 请 务必阅读 正文之 后的信 息披露 和重要声 明-25-FCN 8080/(8080)(Risky)(Airbag)()+/():(Snowball)(Snowball plus)FCN(Fixed Coupon Notes)(Sell Call)(TRS)(Airbag)(8080)请 务必阅读 正文之 后的信 息披露 和重要声 明-26-3 100%8.5%1 20%80%80%12 100%70%0-31%70%1=/31%2=0%3=12 100%70%0-31%12 100%70%0-31%12 31.5%11.5%140%108.5%120%-8.5%90%24%80%130%-20%70%100%131%70%100%-30%请 务必阅读 正文之 后的信 息披露 和重要声 明-27-100%103%75%14%103%75%1=14%2=14%3=14%4=0%5=12 100%103%75%14%12 100%103%75%14%3.6 11 3 1 20%30%2/“30”“”3*Delta 15%4“30”12%8%75%103%75%103%-25%请 务必阅读 正文之 后的信 息披露 和重要声 明-28-1 A AA 0.5 0.4 A 0.7 0.6 A B C D 0.8 0.9 1 2 C 2 A AA“”3 A AA 0.7 A 0.9 1 20%30%A AA 0.5 A 0.7 A 0.8 B 0.9 C 1 D 2 C A AA 0.4 A 0.6 A 0.8 B 0.9 C 1 D 2 C-A AA“”-A AA 0.7 A 0.9 1 30 12%8%-Delta 15%Delta Delta-Delta 15%Delta Delta 请 务必阅读 正文之 后的信 息披露 和重要声 明-29-4 2024 4.1 2023 4,091 1,555 3.6%9.2%2023 2024 2024 2024 4,290 1,673 4.9%7.6%1,287 866 1,075 1,087 1,099 823 966 1,118 659 424 497 517 547 450 500 564 271 163 265 269 272 258 264 270 633 420 465 494 522 486 597 699 608 949 1,015 1,134 1,283 1,247 1,345 1,451 491 317 590 590 590 619 619 619 3,950 3,138 3,907 4,091 4,313 3,884 4,290 4,722-21.0%3.1%-1.1%3.6%9.2%-5.1%4.9%15.4%1,423 1,133 1,524 1,555 1,639 1,515 1,673 1,841-25.3%-2.9%7.1%9.2%15.2%-2.6%7.6%18.5%Wind 4.2 2023 7 24“”“”“”“IPO”11 3 ROE 请 务必阅读 正文之 后的信 息披露 和重要声 明-30-8 18“”11 1 100 1000ETF 17 8 10 6 3 2023 7 8 8 25 113 8 21“”“”10 20 3“”11 3 IPO 8 27 IPO IPO“”REITs 请 务必阅读 正文之 后的信 息披露 和重要声 明-31-8 18 8 28 A/B 0.00487%0.00341%30%0.025 0.0125 ETF“”8 27 30%9 1 A 11 3 1 REITs 2 3 8 27 100%80%2023 9 8 10 14 50%80%100%100 1000ETF 7 9 2023 9 1 A 6 19-A 8 22 10 30 11 1“”8 27 2023 8 28 请 务必阅读 正文之 后的信 息披露 和重要声 明-32-300/10 0.5-1.0 11 17 1.28 2008 2024 Wind 11 17 11 17 PB 1.27 PB-Band 2012 PB-ROE PB 2012 10-20%10 ROE 20%Wind()11 17 Wind 10 30 0.00.20.40.60.81.01.21.401,0002,0003,0004,0005,0006,0007,0002008-07-012009-01-012009-07-012010-01-012010-07-012011-01-012011-07-012012-01-012012-07-012013-01-012013-07-012014-01-012014-07-012015-01-012015-07-012016-01-012016-07-012017-01-012017-07-012018-01-012018-07-012019-01-012019-07-012020-01-012020-07-012021-01-012021-07-012022-01-012022-07-012023-01-012023-07-01 300 300/10 02,0004,0006,0008,00010,00012,00014,00016,0002012-01-042012-07-062012-12-312013-07-102014-01-072014-07-082015-01-052015-07-032015-12-302016-06-302016-12-272017-06-292017-12-222018-06-262018-12-202019-06-252019-12-192020-06-222020-12-182021-06-222021-12-172022-06-222022-12-162023-06-19 1.02x 1.38x 1.74x 2.10 x 2.46x-40%-20%0%20%40%60%80%100%12-01-3112-07-3113-01-3113-07-3114-01-3014-07-3115-01-3015-07-3116-01-2916-07-2917-01-2617-07-3118-01-3118-07-3119-01-3119-07-3120-01-2320-07-3121-01-2921-07-3022-01-2822-07-2923-01-3123-07-31PB-ROE ROE PB 请 务必阅读 正文之 后的信 息披露 和重要声 明-33-“”ROE 9 FedwatchTool 7 10 25 2023 0.13%0.1%11 GEM 7 24 请 务必阅读 正文之 后的信 息披露 和重要声 明-34-8 11 8 18 A A 8 29 10 26 2023 0.13%0.1%GEM 10 25 10 26 28 APEC 11 1 4.3 B iFinD ROE 1 0.5 0.4 2”3 2023-2025 BPS 17.50/19.08/20.84 11 17 PB 0.91/0.83/0.76“”请 务必阅读 正文之 后的信 息披露 和重要声 明-35-1 0.5 0.4 2 ROE 2023-2025 BPS 17.62/19.23/20.94 11 17 PB 1.28/1.17/1.08“”1 2 2023-2025 EPS 0.52/0.59/0.70 11 17 PE 29.4/25.9/21.9“”2023-2025 EPS 8.79/7.79/9.37 11 17 PE 32.5/36.6/30.5“”300059.SZ 2,426 0.64 0.52 0.59 0.70 23.9 29.4 25.9 21.9 00388.HK 3,618 7.96 8.79 7.79 9.37 35.9 32.5 36.6 30.5 601688.SH 1,337 16.07 17.50 19.08 20.84 0.99 0.91 0.83 0.76 600030.SH 3,151 8.52 17.62 19.23 20.94 2.64 1.28 1.17 1.08 Wind 11 17 5 1 2 3 4 请 务必阅读 正文之 后的信 息披露 和重要声 明-36-12 300 50 500 15%5%15%-5%5%-5%/1934 15a-6/36 15 200135 6 SK32 01-08 100020 5001 T2 52 518035