{"F": {"ts_code": "HK.01795", "name": "亚东集团", "mkt": "HK", "ccy": "港元", "sw1": "纺织品及布料", "sw2": "纺织品及布料", "sw3": "", "ind": "纺织品及布料", "fin_source": "futu", "market": "主板", "list_date": "20201118", "is_fin": false, "roles": {"fin": false, "commodity": false, "precious": false, "regulated": false, "hard": false, "growth": false}, "province": null, "main_business": "", "introduction": "", "close": 0.495, "pe_ttm": 5.823, "pb": 0.696, "dv_ttm": 0.0, "total_mv": 29700.0, "trade_date": "20260904", "years": ["最近年报"], "multi_year": false, "period": "最近年报", "gm_series": [13.5], "rev_series": [11.9], "np_series": [0.4], "roe_series": [12.0], "rev_ttm": 11.9, "np_ttm": 0.5, "ocf_ttm": 1.4, "fcf_ttm": null, "fcf_yield": null, "ocf_yield": 47.5, "gm_median": 13.5, "gm_std": null, "gm_stab": null, "gm_chg_2022": null, "npm_median": 3.5, "roe_median": 12.0, "commodity": false, "hard_ratio": 26.0, "fix_assets": 3.0, "goodwill_ratio": null, "pb_calc": null, "capex_dep": null, "interest_debt": null, "debt_ebitda": null, "ebitda": 0.6, "debt_ratio": 68.6, "debt_mv": null, "payout": 0.0, "div_years": 0, "rev_cagr3": null, "np_cagr3": null, "rev_yoy": 4.0, "np_yoy": 5.4, "np_vol": null, "loss_years": 0, "far_share": 14.0, "earn_yield": 17.2, "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": -11.6, "ret_20": 15.1, "ret_60": -11.6, "ret_120": -26.1, "ret_250": -30.3, "mdd_250": null, "vol_250": null, "pos_52w": 53.8, "eps": 0.07}, "S": {"duration": 14, "pricing": 39, "hard": 42, "bondness": 13}, "label": "中性", "tags": [], "text": {"像什么": ["PE 5.8 倍、股息率 0.0%、毛利率最新年报 13.5%、固定资产占比 26%、资产负债率 69%: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 26%,毛利率最新年报 13.5%。", "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 47.5%(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 13.5%。不能。"], ["资产重置成本随通胀涨吗?", "固定资产占总资产 26%。有一些。"], ["估值里多少来自 5 年后的故事?", "按 PE 5.8 倍 粗算,约 14%(1 − 5/PE)。<40%,估值靠当期。"]], "价格行为": "近一年 -30%,现价在 52 周高点的 54%;近 20 / 60 / 120 日 15% / -12% / -26%。", "行业对照": ["同富途行业「纺织品及布料」13 家中位:PE 7.6 / 股息率 5.0% / 毛利率 13.5% / 固定资产占比 26% / 分红率 56%。", "亚东集团:PE 比行业中位低 1.8倍;股息率 比行业中位低 5.0个百分点;毛利率 与行业中位持平;固定资产占比 比行业中位低 0.5个百分点。"]}}