秒针-科创板获受理企业速查手册（第一辑）-2019.4-107页.pdf

?2019.4?2019?4?4?2019.4.11?.1?.3?.5?.7?.9?.11?.13?.15?.17?.19?.21?.23?.25?.27?.29?.31?.33?.36?.38?.40?.42?.44?.46?.48?.50?.52?.54?.56?.59?UCloud?.61?AI/?.63?2019.4.11?.65?/?.67?.69?.71?.73?EEPROM?.75?.77?.79?.81?.83?“?-?-?-?”?.85?.87?.89?.91?.93?.95?.97?.99?POCT?.101?2019.4.11?1?2003?SoC?IC?2018?AI?56%?33%?11%?1?1?2017?IPTV/OTT?8690?4?CAGR?46%?2017?1.6?4?CAGR?32.3%?2?13?2018?5856?6?CAGR?24%?Statista?2018?2.4?3?AI?1?Strategy Analytics?2018?8200?+152%?201618?2.8?15%?11?47?39?12?2018?IPTV/OTT?32.6%?IPC?2018?2016?81%?56%?4112?15.14?AI?2.37?2.48?8K?2.31?1.98?6.00?A?IC?2017?2017?35.2%?4.6%?9.9%?A?TCL?2017?0.9?2017/18?130%/68%?PE?PEG?IPC?2019.4.11?2?1?2?2018?1?IPTV/OTT?32.60%?29.40%?OTT TV?63.25%?2018?2000?Google?Amazon?JBL?Harman Kardon?2?/?2016 2017 2018?1,149.53 1,690.49 2,369.07?YOY-47%40%?73.02 77.92 282.34?YOY-7%262%?32%35%35%?6%5%12%?ROE 29%11%40%?ROE?0510152025201620172018?AI?22%?12%?11%?(?9%?9%?37%?2019.4.11?3?/?2009?MEMS?Maxtech International?2018?88.86?2014-2018?CAGR+3.3%?45.73?2014-2018?CAGR+10.2%?2018?221?37.4%?201618?29.78%/17.18%/16.94%?2018?+143%?45?/?2018?29.58%?70.42%?2018?22.07%?6000?4.50?2.5?1.2?0.8?A?2019.4.11?4?1?2?2018?1?2016 2017?5,270 19,869?2018?87?41?24?22?14?37?2018?221?37.39%?1280?1024?12?NETD40mK?30Hz?8,352 16,527?2017?151?61?66?24?63?6?2017?725?26.23%?640?512?12?NETD?40mK?6,004 7,429?2017?19?4?4?2017?227?16.95%?1280?1024?15?NETD=60mK?60Hz?2?/?2016 2017 2018?60.25 155.72 384.10?YOY-158%147%?9.72 64.35 125.17?YOY-562%95%?67%67%60%?16%41%33%?ROE 5%21%28%?ROE?00.511.522.533.54201620172018?22%K000917%LIEMKE GmbH+CO.12%K000111%?5%?33%?2019.4.11?5?/?2001?2018?127?125.6?57GWh?57%?2020?2025?210?600?100GWh?GAGR?+32%?330GWh?GAGR?+27%?2018?8.5?19.1%?2020?50%?20?2023?30?32%?7-11nm?5-20nm?99.9%?ATL?CATL?SABIC?Total?Clariant?Polyone?Nantero?ATL?5796?8.7?3000?8000?450?10.3?8.7?2018?3.25?1.13?0.36?A?A?3.95%?0.88%?2019.4.11?6?PE?/PEG?PE?PEG?1?)?2?)?3?2017?4?2018?1?/?2016 2017 2018?13,381 30,796 32,759?YoY-130%6%?975 -1,480 6,745?YoY-252%-?49.1%42.1%40.4%?7.3%-4.8%20.6%?ROE 6.7%-6.2%11.6%?13,225 30,508 32,534 05,00010,00015,00020,00025,00030,00035,000201620172018?13,278 30,558 32,631 05,00010,00015,00020,00025,00030,00035,000201620172018?,31.1%?,20.4%?,11.4%?,11.1%?,8.7%3.5%2.1%1.7%10.0%?,30.2%?,21.5%?,16.3%?,13.5%?,6.2%4.3%1.8%1.2%4.9%?2019.4.11?7?/?2011?2017?13.8?2013-2017?CAGR?39%?40%?2019?105?2018?88%?2934?3.6?2.2?0.7?0.7?300278.SZ?603960.SH?300276.SZ?603895.SH?2018?24.9%?12.1%?2018?6.7%?1.5%?A?A?300024.SZ?002747.SZ?300124.SZ?300607.SZ?PE?2019.4.11?8?1?2?1?2016 2017 2018?18,275.88 25,084.23 41,262.45?34.81%37.25%64.50%?2,428.88 3,405.00 4,841.49?38.30%40.19%42.19%?13.29%13.47%12.15%?26.15%25.58%24.87%ROE 31.32%18.22%17.90%?Wind?0%20%40%60%80%100%120%0.05,000.010,000.015,000.020,000.025,000.030,000.035,000.040,000.045,000.020142015201620172018?82%84%86%88%90%92%94%0.05,000.010,000.015,000.020,000.025,000.030,000.035,000.040,000.045,000.0201620172018?2019.4.11?9?2014?11?2015?2012?2017?160?2017?2018?108%?74%?GGII?2017?44%?44.5GWh?2020?140GWh?512?302?Pack?/?/?40%-60%?80%-90%?12?10%?2000?25%?7.45?5.6?1.28?0.5?A?2018?11.50%?PE?2019.4.11?10?1?2?1?2016 2017 2018?228.9 402.6 681.3?-75.8%69.2%?12.6 41.5 129?-229.9%210.2%?30.6%41.7%41.6%?5.5%10.3%18.9%ROE 106.7%51.4%30.6%?0.0100.0200.0300.0400.0500.0600.0700.0800.0201620172018?0.0100.0200.0300.0400.0500.0600.0700.0800.0201620172018?2019.4.11?11?2018?102GWh?2018?535?27.7%?NCM?230?33%?2016?2017?NCM811?NCM811?2018?6.4?19.6%?CATL?ATL?12.1%?6.9%?6.6%?6.2%?52.8%?4,500?A?2025?12?4?A?2019.4.11?12?1?2?1?2018?2018?13602?10%?2566?1.20%?2?/?2016 2017 2018?885.19 1878.73 3041.26?YoY 112.24%61.88%?6.88 31.13 212.89?YoY 352.63%583.92%?12.10%14.81%16.62%?0.63%1.45%6.94%?ROE 3.17%3.86%8.51%?05101520253035201620172018?05101520253035201620172018?2019.4.11?13?2003?6?2000?0.5?28?IC Insights?2017?623.1?8%?2018?710?5%?WSTS?2017?31.9%?28nm Poly-SiON?HKMG?28nm?40nm?90nm?0.11m?0.13m?0.18m?0.25m?0.35m?0.5m?2017?33.60?2018?14.66%?13.27%?12.69%?12.26%?7.17%?2016/2017/2018?61.67%/64.20%/60.06%?4?25?20?5?8?32?/?IGBT?eNVM?RFCMOS?CIS?2018?36.90?32.42%?A?IC?P/B?P/S?PE?PEG?2019.4.11?14?1?2?2018?1?2017?1?274.4 18.95%2?210.5 14.54%3 SK?130.6 9.02%4?121.5 8.39%5?94.9 6.55%6?70.6 4.88%7?48.5 3.35%8?33.6 2.32%9?27.0 1.86%10?22.2 1.53%?2?/?2016 2017 2018?1,877.64 3,359.89 3,694.03?YOY-79%10%?-1149.39 -1266.78 -2601.89?YOY-?20%-19%-35%?-61%-38%-70%?ROE?-3.63%1.76%0.69%?Wind?0510152025303540?15%?13%?13%?12%?7%?40%?2019.4.11?15?/?2009?CFDA?2017?350?2019?400?2017?156?2019?246?CFDA?/?70%?4000?12?1.8?5.0?3.5?1.6?300633.SZ?300760.SZ?600055.SH?300653.SZ?2018?24.9%?2018?76.7%?2018?16.4%?PE?2019.4.11?16?1?2?1?2016 2017 2018?11,502.19 17,216.69 32,247.75?49.68%87.31%?2,862.42 -1,033.78 6,594.19?-136.12%737.87%?67.31%74.42%76.69%?24.89%-6.00%20.45%ROE 20.24%-2.87%9.33%?0%20%40%60%80%100%05,00010,00015,00020,000201620172018?05000100001500020000250003000035000201620172018?2019.4.11?17?/?2001?95%?99%?2017?133?9?11%?53?9?CAGR 11.3%?2017?8?40?4?2?1%?55%?2016?36%?2018?45%?1.2?17.9?8.7?2.9?1.4?1.3?0.4?1.8?1?2017?85%?51%?2017?4.89%?13.61%?A?PE?/PEG?PE?PEG?2019.4.11?18?1?2?1?2016 2017?29.06%1 28.92%1?29.69%1 30.98%1?22.43%1 30.46%1?13.22%2?13.88%2 19.81%2?5.15%7 6.03%4?2?/?2016 2017 2018?390.40 632.83 735.30?YOY-62.10%16.19%?186.16 320.32 388.97?YOY-72.07%21.43%?79.00%84.47%84.42%?47.69%50.62%52.89%?ROE 57.33%59.55%50.22%?0.0010,000.0020,000.0030,000.0040,000.0050,000.0060,000.0070,000.0080,000.00201620172018?0.0010,000.0020,000.0030,000.0040,000.0050,000.0060,000.0070,000.0080,000.002016?2017?2018?2019.4.11?19?2000?X?2018?4.71?1.08?13.49%?4.64%?2.98?28.59%?65.81%?2013-2017?17.31%?4376?8287?6.2?2017?MRI?2016-2018?64.75%?60.47%?61.43%?2000?4500?3.38?1?1.75?2?8063?3?2207?6000?X?2017?50%?2017?47.13%?5.79?2017?11.37%?7.35%?6.02?1.05?2017?6.16%?0.79?A?A?X?DR?X?2019.4.11?20?DCF?A?1?2016-2018?2?2016-2018?%?3?2017?MRI?4?MRI?1?2016-2018?/?2016 2017 2018?356 415 471?YOY?%?14.19%16.55%13.49%?93 103 108?YOY 12%10%5%?46.60%47.13%46.81%?26.19%24.79%22.86%?ROE 12.34%9.71%9.22%?Wind?3.56 4.15 4.71 0.93 1.03 1.08 0.00%5.00%10.00%15.00%20.00%0.001.002.003.004.005.00201620172018?-yoy?-yoy30%28%37%31%28%26%5%14%10%12%14%9%5%5%6%7%5%6%10%7%6%0%20%40%60%80%100%201620172018?X?22%16%12%11%6%4%4%3%2%2%2%16%GE?26%25%13%6%4%3%3%3%17%GE?2019.4.11?21?/?2003?2018?96.57%?2017?41.0?2016?259.6%?2020?755.5?2018?OPPO?/?IoT?2018?26,860.37?58.64%?4001?5000?11.30?AI?3.40?IoT?AI?3.80?2.20?1.90?2B?2017?93.94%?25.51%?5G?A?A?2019.4.11?22?PS?1?2?1?2018?2018?29230 1?20880 2?20600 3?12260 4?OPPO 11310 5?IDC?2?/?2016 2017 2018?261.00 345.92 458.07?YoY-32.54%32.42%?80.36 86.33 175.32?YoY-7.43%103.07%?92.30%93.66%94.29%?27.89%21.50%38.27%?94.99%22.24%25.10%?Wind?01000020000300004000050000201620172018?IoT?01000020000300004000050000201620172018?2019.4.11?23?2005?6?LCD?OLED?90%?2018?IHS?2017?38.27?4.9%?1,272?21.2%?2022?40?1,380?WSTS?2017?4122.1?21.6%?40%?2018?13.78%?2017?6.95pcts?/?2016?2017?2018?78.99%?88.06%?61.57%?LG?JDI?4,010?10.09?3.98?2.6?3.5?300567.SZ?2017?45.03%?25.56%?46.66%?18.88%?2017?11.45%?7.40%?3.79%?8.53%?7.91%?0.10%?2019.4.11?24?1?2?1?2016 2017 2018?515.95 1,369.83 1,005.08 YOY-165.50%-26.63%?180.30 209.67 243.29 YOY-16.29%16.03%?47.72 93.51 138.52?9.25%6.83%13.78%?58.90%45.03%55.38%?34.94%15.31%24.21%?ROE(?)30.94%31.83%30.83%?0%10%20%30%40%50%60%70%80%90%100%201620172018?0%10%20%30%40%50%60%70%80%90%100%201620172018?2019.4.11?25?/?2001?1?HDAC?I?IMS?2016?753?662?2011-2016?10.90%?16.40%?2021?1200?-1300?950?-1100?2016-2021?CAGR?9%-12%?8%-11%?14?III?II/III?III?II?1?1?1?1?4?/?license-out?10?1?5000?8.035?1.8?1.0?1.0?0.935?1.7?1.6?2016-2018?60.52%?62.01%?55.85%?PE?DCF?2019.4.11?26?1?2?1?/?2016 2017 2018?85.36 110.50 147.69?YOY-29.45%33.65%?5.40 25.91 31.28?YOY-379.81%20.73%?97.46%95.24%96.27%?6.33%23.45%21.18%?ROE 3.17%9.23%6.44%?0200040006000800010000120001400016000201620172018?0200040006000800010000120001400016000201620172018?2019.4.11?27?2006?2018?21.45%?50.94%?4.01%?21.96%?1.64%?766?700?1?Futuresource?2018?9,463?2?2017?50,776?2018?9,303?18.32%?2020?8?3?AVC?2018?16.4?130.99%?4?AVC?2018?4.2?23.53%?2018?1?14,018?60%?2?30%?3?50,335?28%?6800?10?3.13?2.84?0.70?3.33?A?IMAX?NEC?A?TCL?A?A?2019.4.11?28?1?2?2018?1?/?2016 2017 2018?354.95 805.59 1,385.72?YoY-127%72%?18.02 112.87 211.55?YoY-527%87%?32.97%41.95%43.48%?5.08%14.01%15.27%?ROE?35.24%197.26%41.25%?0.00200.00400.00600.00800.001,000.001,200.001,400.001,600.00201620172018?17.85%12.53%9.98%6.53%3.60%49.51%?2019.4.11?29?/?2009?IHS?2035?1000?2022?3.5?24%?9800?94%?2018?1?2020?50%?LTE-V2X?90%?2010?G-BOS?2011?2011?2014?2016?28?86?174?49.29%?2018?15.98%?/?2018?97.62%?2.38%?4S?2500?5.80?20?1.00?15?1.60?2.70?0.50?Mobileye?INTC.O?002355.SZ?002405.SZ?300013.SZ?2017?2019.4.11?30?51.2%?44.5%?2017?53.0%?57.8%?40.9%?A?PCB?600166.SH?600686.SH?002373.SZ?19.94%?PE?B?PE?1?2?1?21?2?2016 2017 2018?15,217.69 27,071.45 24,790.23?YoY-77.89%-8.43%?3227.16 4779.57 5711.87?YoY-48.10%19.51%?46.88%51.17%50.35%?21.21%17.66%23.04%?47.33%39.11%26.30%?7,494.24 15,917.59 14,290.17 1,090.40 2,111.25 3,666.73 3,660.42 6,435.95 4,015.01 2,368.86 1,094.68 716.69 376.60 1,405.91 1,934.50 -5,000.00 10,000.00 15,000.00 20,000.00 25,000.00 30,000.00201620172018?13,750.43 23,553.26 19,097.67 1,090.66 2,111.78 3,666.73 376.60 1,405.91 1,934.50 -5,000.00 10,000.00 15,000.00 20,000.00 25,000.00 30,000.00201620172018?2019.4.11?31?/?1996?2007-2013?487?638?1?2017?30?14.12?2?2014?55.10?2017?78.12?CAGR?12.34%?2016?rhG-CSF?rhGM-CSF?rhIL-11?GSP?30?3?4650?60766?2.90?2.89?0.29?10?1?5?2017?-?49?A?PE?1?2?3?PE?2019.4.11?32?1?2?1?2016?2017?3 3?5 6.81%6?3 8.86%3?1 63.33%1?2?/?2016 2017 2018?280.37 323.08 448.28?YOY 30%15%39%?29.31 5.17 16.00?YOY 146%-82%210%?89%87%88%?10%2%4%?ROE 8%1%3%?05000100001500020000250003000035000400004500050000201620172018?01000020000300004000050000201620172018?(?)?2019.4.11?33?/?2001?2018?61.85%?37.89%?2018?2017?2,686?3%?2007?1,220?2017?2,686?2.5?2016?945.99?2011?2016?5?15.19%?-?-?2018?2018?20?/?/?2018?54.01%.?10?5,000?10?1?6065?A?2019.4.11?34?80,760?79,860?1.78?1.00?3.98?0.36?0.45?0.43?2017?3?54.34%?10.02%?2?9.23%?2?16.84%?3?9.41%?A?P/E?1?2?1?20?/?1?2?3?4?5?6?7?8?9?2019.4.11?35?10?11?12?13?14?15?16?17?18?19?20?2?/?2016 2017 2018?(?)286.28 462.24 603.84?YoY 47.62%61.61%30.52%?(?)15.85 46.36 72.02?YoY-72.19%192.47%55.37%?58.80%54.32%53.14%?5.54%10.02%11.93%?2.09%4.05%6.15%?2019.4.11?36?/?2009?5?QKD?7,000?6,000?Gartner?2017?989.86?2016?7.9%?2020?68.41?CAGR?20.60%?43.89%?36.35%?2018?76.18%?20%?/?QKD?71.91%?/?80.75%/57.90%?2,000?3.04?2.57?0.47?002268?300386?300659?603232?4?2017?70.58%?36.35%?2017?10.75%?300659?17.92%?26.45%?A?000555.SZ?(002126.SZ)?0.38%?600120.SH?4.34%?(002281.sz)?PE?/PEG?B?PE?PEG?2019.4.11?37?1?2?1?169?863?169?40?88?30?11?179?7,000?6,000?2?2016 2017 2018?227.15 283.66 264.67?YoY -24.88%-6.69%?58.75 74.31 72.49?YoY -26.49%-2.45%?(%)67.48%68.16%74.33%?(%)25.87%26.20%27.16%?(%)8.40%9.36%8.35%?Wind?200.76 266.35 246.16 9.53 6.14 10.75 -50.00 100.00 150.00 200.00 250.00 300.00201620172018?102.85 69.85 162.65 68.05 135.13 64.79-25.11 36.57 58.63 2.03 2.82 8.87 2.34 -50.00 100.00 150.00 200.00 250.00 300.00201620172018?2019.4.11?38?2004?18?13%?18?87%?/?/?/?1?TSR?2017?1.86?6.4?TSR?2021?2.45?8.27?2?TSR?2017?8880?6?CAGR?30%?2021?1.43?TSR?2017?11.8%?8.9%?2016?4K?65.8%?2018?25-300mm?8K?AI?AI?2018?Jabil Poland?40%?3880?6.51?1?3.80?2?AI?1.06?3?1.65?2018?5.52?34.27%?A?2016-18?CAGR?13%?PE?PEG?2019.4.11?39?1?2?2018?1?/?1?38.10%1?37.70%2?16.10%2?8.90%3?11.80%3?8.30%4?8.30%4?6.30%5?4.60%5?5.80%?TSR?2?2016 2017 2018?469.07 580.22 552.00?-23.70%-4.86%?71.99 91.26 91.39?-26.77%0.14%?33.45%33.79%34.27%?15.35%15.73%16.56%?ROE?12.59%14.28%12.58%?01234567201620172018?,15.05%?,10.08%Jabil Poland,6.26%?,4.23%?,4.14%?,60.24%?2019.4.11?40?/?TECNO?itel?Infinix?2016-2018?96%?IDC?2011?17.18?2018?18.91?2011?3,049?4,950?2018?1?7.04%?48.71%?6.72%?2016-2018?/?88.62%/11.38%?76.86%/23.14%?77.30%/22.70%?8000?30.10?10.59?5.18?3.71?2.05?2.24?3.33?3.00?A?H?2019.4.11?41?1?2?1?2018 2017?7.04%4 6.54%4?2.75%9 1.97%10?19.47%1 19.62%1?2?/?2016 2017 2018?11,636.76 20,043.63 22,645.88?YoY-72.24%12.98%?86.28 677.26 653.80?YoY-684.95%-3.46%?20.59%20.97%24.45%?0.74%3.38%2.89%?ROE?7.43%24.43%18.49%?201620172018?0500,0001,000,0001,500,0002,000,0002,500,000201620172018?2019.4.11?42?/?2009?12?4?2015?12?3?2016?9?14?CBTC?2000?2001?2005?399?2000?173%?2006?2010?910?128%?2011?2015?2,019?122%?2018?35?22?14?5,766.6?4,511.3?78.23%?2020?3,000?400?10?CBTC?“?10?5,000?10?1?”?1.6?5.5?2.5?0.9?0.6?1.5?95%?A?30%-40%?18%?2017?54.99%?7.45%?10.71%?2019.4.11?43 A?A?PE?1?2?1?2018?2017?2016?26 30 17?8 7 1?30.77%23.33%5.88%?1 2 6?2?/?2016 2017 2018?(?)866.5 879.62 1162.52?YOY 1.5%32.16%?54.65 45.77 65.91?YOY -16.25%44%?29.96%31.42%26.93%?6.16%5.2%5.67%?ROE 17.37%11.27%16.22%?1.00%11.00%21.00%31.00%41.00%51.00%61.00%71.00%81.00%91.00%101.00%2016?2017?2018?1.00%11.00%21.00%31.00%41.00%51.00%61.00%71.00%81.00%91.00%101.00%2016?2017?2018?2019.4.11?44?/?2006?GEOVIS?GEOVIS?2018?GEOVIS?GEOVIS?GEOVIS?55.69%?15.57%?21.13%?7.61%?2016?4,360?15.68%?2020?9,040.90?20%?2018?2017?-2020?15.2%?2017?154?2020?236?2017?283?2020?423?GEOVIS?GEOVIS?2018?54.43%.?5500?7?GEOVIS 6?2.5?AI?1.5?GEOVIS?PIM?1.0?0.5?1.5?GEOVIS?2017?6.03%?12.11%?2019.4.11?45?A?2.329%?1?2?1?2018?2018?2018?2018?2?/?2016 2017 2018?84.34 226.35 356.58?YoY-168.37%57.54%?14.87 39.04 86.9?YoY-162.53%122.60%?53.07%46.70%55.59%?17.63%17.25%24.39%?57.67%73.33%51.02%?Wind?010000200003000040000201620172018?GEOVIS?GEOVIS?GEOVIS?010000200003000040000201620172018?2019.4.11?46?/?2010?2018?2018?12?22,316?2,139.6?8.7%?2018?2018?12?IPTV?3,315.9?27.1%?1.55?CNNIC?2019?2?2018?12?6.12?2017?3,309?73.9%?5.90?2017?4,101?72.2%?2010?2017?242?1,142?24%?IPTV?AVS2?4K?/?2.1.2?0.2?6.0?1.8?1.6?0.8?1.8?A?2019.4.11?47?1?2?1?/?2016 2017 2018?(?)101.51 138.98 203.55?YOY 36.91%46.46%?35.67 40.68 63.90?YOY 14.04%57.07%?73.81%65.69%61.74%?35.14%29.27%31.39%?ROE 45.17%17.17%18.19%?0.0050.00100.00150.00200.00250.00201620172018?0.0050.00100.00150.00200.00250.00201620172018?2019.4.11?48?/?2007?10?99.9%?1?2016?4?20?2?/?2018?13?9?2016?2017?2500?8.76?2.5?2.3?1.36?2.6?002414.SZ?300516.SZ?002214.SZ?300099.SZ?A?A?000566.SZ?2019.4.11?49?PE?G?PE?1?2?1?/?2?2016 2017 2018?15,856.55 18,204.89 20,840.99?YoY-14.81%14.48%?6,684.17 4,019.80 7,267.61?YoY-39.86%80.80%?72.25%65.29%48.59%?42.15%22.08%34.85%?33.06%9.70%24.39%?0.22 0.63 1.22 0.97 0.87 0.51 0.39 0.22 0.21 0.00.51.01.52.02.5201620172018?0.00.51.01.52.02.5201620172018?(?)?2019.4.11?50?2006?2018?82.78%?66.32%?16.46%?16.97%?5.15%?4.36%?LED/OLED?7.46%?2017/2018?18.20%?6.63%?SEMI?2017?469.3?278?2018?85?28.2?56.8?Cabot Microelectronic?2018?CMP?20.1?12.7?7.4?2017-2020?CMP?6%?130-28nm?8?12?14nm?10-7nm?2018?190?02?2016-2018?2.42%/2.57%/2.44%?2016/2017/2018?92.70%/90.01%/84.03%?66.37%/66.23%/59.70%?1327.7?3?CMP?1.2?9400?6900?2000?A?2016/2017/2018?55.61%/55.58%/51.10%?2016/2017?37.77%/35.62%?2016/2017?21.81%/21.77%?7.72%/7.14%?A?A?A?CMP?2019.4.11?51?2017/18?7.12%/13.14%?PE?PEG?1?2?1?2016 2017 2018?110000 120000 127000?17648.37 20834.64 20516.44?2656.97 3085.79 3100.38?2.42%2.57%2.44%?2?2016 2017 2018?196.64 232.43 247.85?YOY 18.20%6.63%?37.1 39.74 44.96?YOY 7.12%13.14%?(%)55