{"F": {"ts_code": "HK.82318", "name": "中国平安-R", "mkt": "HK", "ccy": "港元", "sw1": "", "sw2": "", "sw3": "", "ind": "", "fin_source": "futu", "market": "主板", "list_date": "20230619", "is_fin": false, "roles": {"fin": false, "commodity": false, "precious": false, "regulated": false, "hard": false, "growth": false}, "province": null, "main_business": "", "introduction": "", "close": 48.94, "pe_ttm": 5.562, "pb": 0.861, "dv_ttm": 5.58, "total_mv": 88618799.92353, "trade_date": "20260904", "years": ["最近年报"], "multi_year": false, "period": "最近年报", "gm_series": [null], "rev_series": [12681.5], "np_series": [1760.5], "roe_series": [14.1], "rev_ttm": 12681.5, "np_ttm": 1823.4, "ocf_ttm": 7873.0, "fcf_ttm": null, "fcf_yield": null, "ocf_yield": 88.8, "gm_median": null, "gm_std": null, "gm_stab": null, "gm_chg_2022": null, "npm_median": 13.9, "roe_median": 14.1, "commodity": false, "hard_ratio": 0.4, "fix_assets": 524.6, "goodwill_ratio": null, "pb_calc": null, "capex_dep": null, "interest_debt": null, "debt_ebitda": null, "ebitda": 0.0, "debt_ratio": 89.8, "debt_mv": null, "payout": 31.0, "div_years": 1, "rev_cagr3": null, "np_cagr3": null, "rev_yoy": 4.4, "np_yoy": 12.8, "np_vol": null, "loss_years": 0, "far_share": 10.0, "earn_yield": 18.0, "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": -16.3, "ret_20": -0.2, "ret_60": -1.1, "ret_120": -12.0, "ret_250": -5.2, "mdd_250": null, "vol_250": null, "pos_52w": 74.1, "eps": 7.443}, "S": {"duration": 13, "pricing": 32, "hard": 1, "bondness": 54}, "label": "中性", "tags": ["股息率≥4%"], "text": {"像什么": ["PE 5.6 倍、股息率 5.6%、毛利率最新年报 —、固定资产占比 0%、资产负债率 90%: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 0%,毛利率最新年报 —。", "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 88.8%(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 0%。没有资产可言。"], ["估值里多少来自 5 年后的故事?", "按 PE 5.6 倍 粗算,约 10%(1 − 5/PE)。<40%,估值靠当期。"]], "价格行为": "近一年 -5%,现价在 52 周高点的 74%;近 20 / 60 / 120 日 -0% / -1% / -12%。", "行业对照": ["同富途行业「」33 家中位:PE 14.0 / 股息率 1.2% / 毛利率 39.8% / 固定资产占比 8% / 分红率 38%。", "中国平安-R:PE 比行业中位低 8.4倍;股息率 比行业中位高 4.4个百分点;毛利率 ;固定资产占比 比行业中位低 8.0个百分点。"]}}