{"F": {"ts_code": "HK.00710", "name": "京东方精电", "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": "19910701", "is_fin": false, "roles": {"fin": false, "commodity": false, "precious": false, "regulated": false, "hard": true, "growth": false}, "province": null, "main_business": "", "introduction": "", "close": 4.26, "pe_ttm": 11.329, "pb": 0.684, "dv_ttm": 3.59, "total_mv": 337211.036904, "trade_date": "20260904", "years": ["最近年报"], "multi_year": false, "period": "最近年报", "gm_series": [null], "rev_series": [139.6], "np_series": [3.4], "roe_series": [7.4], "rev_ttm": 139.6, "np_ttm": 3.0, "ocf_ttm": 2.7, "fcf_ttm": null, "fcf_yield": null, "ocf_yield": 7.9, "gm_median": null, "gm_std": null, "gm_stab": null, "gm_chg_2022": null, "npm_median": 2.4, "roe_median": 7.4, "commodity": false, "hard_ratio": 18.3, "fix_assets": 21.8, "goodwill_ratio": null, "pb_calc": null, "capex_dep": null, "interest_debt": null, "debt_ebitda": null, "ebitda": 6.7, "debt_ratio": 60.6, "debt_mv": null, "payout": 41.0, "div_years": 1, "rev_cagr3": null, "np_cagr3": null, "rev_yoy": 3.8, "np_yoy": -14.9, "np_vol": null, "loss_years": 0, "far_share": 56.0, "earn_yield": 8.8, "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": -14.4, "ret_20": 8.5, "ret_60": -2.9, "ret_120": -0.2, "ret_250": -29.2, "mdd_250": null, "vol_250": null, "pos_52w": 73.7, "eps": 0.436}, "S": {"duration": 25, "pricing": 32, "hard": 29, "bondness": 49}, "label": "现金流红利", "tags": [], "text": {"像什么": ["分红率 41%、股息率 3.6%、最新一年营收增速 3.8%、资产负债率 61%:红利底仓,但不靠杠杆。"], "为什么(不)算钱的替代品": "两条都不占:固定资产占比 18%,毛利率最新年报 —。", "加息期怎么走": "船票:加息期底仓。放水信号出现后按 7:3 → 5:5 → 3:7 逐步让位给科技。", "四问": [["当前 FCF 能覆盖多少市值?", "经营现金流/市值 7.9%(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?", "毛利率未披露(公用事业 / 地产 / 综合企业常见)。无法从毛利率判断。"], ["资产重置成本随通胀涨吗?", "固定资产占总资产 18%。有一些。"], ["估值里多少来自 5 年后的故事?", "按 PE 11.3 倍 粗算,约 56%(1 − 5/PE)。中等。"]], "价格行为": "近一年 -29%,现价在 52 周高点的 74%;近 20 / 60 / 120 日 8% / -3% / -0%。", "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%。", "京东方精电:PE 比行业中位低 1.0倍;股息率 比行业中位高 2.1个百分点;毛利率 ;固定资产占比 比行业中位低 2.5个百分点。"]}}