{"F": {"ts_code": "HK.00699", "name": "均胜电子", "mkt": "HK", "ccy": "港元", "sw1": "汽车零件", "sw2": "汽车零件", "sw3": "", "ind": "汽车零件", "fin_source": "futu", "market": "主板", "list_date": "20251106", "is_fin": false, "roles": {"fin": false, "commodity": false, "precious": false, "regulated": false, "hard": true, "growth": false}, "province": null, "main_business": "", "introduction": "", "close": 12.03, "pe_ttm": 11.805, "pb": 0.973, "dv_ttm": 1.71, "total_mv": 1858130.417289, "trade_date": "20260904", "years": ["最近年报"], "multi_year": false, "period": "最近年报", "gm_series": [18.3], "rev_series": [680.4], "np_series": [18.0], "roe_series": [8.7], "rev_ttm": 680.4, "np_ttm": 15.6, "ocf_ttm": 61.5, "fcf_ttm": null, "fcf_yield": null, "ocf_yield": 33.1, "gm_median": 18.3, "gm_std": null, "gm_stab": null, "gm_chg_2022": null, "npm_median": 2.6, "roe_median": 8.7, "commodity": false, "hard_ratio": 24.6, "fix_assets": 179.9, "goodwill_ratio": null, "pb_calc": null, "capex_dep": null, "interest_debt": null, "debt_ebitda": null, "ebitda": 36.8, "debt_ratio": 65.3, "debt_mv": null, "payout": 20.0, "div_years": 1, "rev_cagr3": null, "np_cagr3": null, "rev_yoy": 14.5, "np_yoy": 27.3, "np_vol": null, "loss_years": 0, "far_share": 58.0, "earn_yield": 8.5, "consensus_n": 0, "fwd_pe": null, "fwd_pe2": null, "fwd_g1": null, "fwd_g2": null, "peg": null, "consensus_disp": null, "mainbz": [], "ret_prev_year": null, "ret_prev2_year": null, "ret_pivot": null, "prev_year": "", "prev2_year": "", "ret_ytd": -36.7, "ret_20": -10.7, "ret_60": -21.0, "ret_120": -23.8, "ret_250": -45.3, "mdd_250": null, "vol_250": null, "pos_52w": 56.5, "eps": 0.958}, "S": {"duration": 26, "pricing": 41, "hard": 39, "bondness": 30}, "label": "中性", "tags": [], "text": {"像什么": ["PE 11.8 倍、股息率 1.7%、毛利率最新年报 18.3%、固定资产占比 25%、资产负债率 65%:四轴都不突出。"], "为什么(不)算钱的替代品": "两条都不占:固定资产占比 25%,毛利率最新年报 18.3%。", "加息期怎么走": "按行业与估值常规看,没有明确的利率方向性。", "四问": [["当前 FCF 能覆盖多少市值?", "经营现金流/市值 33.1%(futu 无资本开支,FCF 按经营现金流 × 0.7 近似)。覆盖高。"], ["能否每年提价而不掉量?", "毛利率最新年报 18.3%。不能。"], ["资产重置成本随通胀涨吗?", "固定资产占总资产 25%。有一些。"], ["估值里多少来自 5 年后的故事?", "按 PE 11.8 倍 粗算,约 58%(1 − 5/PE)。中等。"]], "价格行为": "近一年 -45%,现价在 52 周高点的 56%;近 20 / 60 / 120 日 -11% / -21% / -24%。", "行业对照": ["同富途行业「汽车零件」28 家中位:PE 12.3 / 股息率 1.5% / 毛利率 18.1% / 固定资产占比 21% / 分红率 32%。", "均胜电子:PE 比行业中位低 0.5倍;股息率 比行业中位高 0.2个百分点;毛利率 比行业中位高 0.2个百分点;固定资产占比 比行业中位高 3.8个百分点。"]}}