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图表43调味品企业估值水平分类

55Sx5LqO5Zu+54mH6L6D5Li65qih57OK77yM5peg5rOV6K+G5Yir5YW35L2T5YaF5a6577yM6K+35oKo5o+Q5L6b5pu05Yqg5riF5pmw55qE5Zu+54mH44CC

来源：海天味业-公司深度研究报告：踏上新程海阔天空-250612（32页）.pdf
公司研究 2025-06-13

原图定位查看详情
运动营养品按特殊营养素可分为补充能量类、控制能量类等

5Lul5LiL5piv5qC55o2u5oKo5o+Q5L6b55qE5Zu+54mH5YaF5a6555Sf5oiQ55qE6KGo5qC877yaCgp8IOWIhuexuyAgICAgICAgIHwg5Li76KaB54m55b6BICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgICAgIHwg5Li76KaB5Lqn5ZOB57G75Z6LICAgICAgICAgICAgICAgICAgICAgICB8CnwtLS0tLS0tLS0tLS0tLXwtLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tfC0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tfAp8IOihpeWFheiDvemHj+exuyAgIHwg5Lul56Kz5rC05YyW5ZCI54mp5Li65Li76KaB5oiQ5YiG77yM6IO95aSf5b+r6YCf5oiW5oyB57ut5o+Q5L6b6IO96YePICAgICAgICAgICAgICAgICAgIHwg6aOf55So6JGh6JCE57OW57KJ44CB6IO96YeP6IO244CB6L+Q5Yqo77yI5Zu65L2T77yJ6aWu5paZ562JIHwKfCDmjqfliLbog73ph4/nsbsgICB8IOa7oei2s+aOp+WItuS9k+mHjemcgOaxgu+8jOWMheaLrOS/g+i/m+iDvemHj+S7o+iwouWSjOiDvemHj+S7o+abvyAgICAgICAgICAgICAgICAgICAgIHwg5Luj6aSQ57KJ44CB6JuL55m95aW25piU44CB6LC354mp562JICAgICAgICAgICAgIHwKfCDooaXlhYXom4vnmb3nsbsgICB8IOS7peibi+eZveaIluibi+eZveawtOino+eJqeS4uuS4u+imgeaIkOWIhu+8jOa7oei2s+acuuS9k+e7hOe7h+eUn+mVv+WSjOS/ruWkjemcgOaxgiAgICAgICAgIHwg6JuL55m957KJ44CB5pSv6ZO+5rCo5Z+66YW46IK944CB6LC35rCo6YWw6IO66IK9ICAgICB8Cnwg6YCf5bqm5Yqb6YeP57G7ICAgfCDku6XogozphbjkuLrkuLvopoHmiJDliIbvvIzpgILnlKjkuo7ml6DmsKfov5Dliqjnu4PkuaDkurrnvqQgICAgICAgICAgICAgICAgICAgICAgICAgfCDkuIDmsLTogozphbjjgIHosLfmsKjphbDog7rnrYkgICAgICAgICAgICAgICAgfAp8IOiAkOWKm+exuyAgICAgICB8IOS7pee7tOeUn+e0oEIx5ZKMQjLkuLrkuLvopoHmiJDliIbvvIzpgILnlKjkuo7mnInmsKfov5Dliqjnu4PkuaDkurrnvqQgICAgICAgICAgICAgICAgIHwg6L+Q5Yqo77yI5Zu65L2T77yJ6aWu5paZ562JICAgICAgICAgICAgICAgICAgfAp8IOi/kOWKqOWQjuaBouWkjeexuyB8IOS7peiCveexu+S4uuS4u+imgeaIkOWIhu+8jOmAgueUqOS6juS4remrmOW8uuW6pui/kOWKqOWQjuaBouWkjeS6uue+pCAgICAgICAgICAgICAgICAgICB8IOaUr+mTvuawqOWfuumFuOiCveOAgeiwt+awqOmFsOiDuuiCveetiSAgICAgICAgICAgfAoK6LWE5paZ5p2l5rqQ77ya5Lit5Zu96JCl5YW75L+d5YGl6aOf5ZOB5Y2P5Lya44CB6Kej5pWw5ZKo6K+i44CB5Y2O5rqQ6K+B5Yi456CU56m25omA

来源：康比特-公司研究报告-从专业迈向大众品牌+渠道双轮破圈运动营养赛道-250612（33页）.pdf
公司研究 2025-06-13

原图定位查看详情
CCL管制科学仪器的聚类分布

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

来源：聚光科技-公司深度研究：行业龙头底蕴深厚轻装上阵拐点已至-250611（32页）.pdf
公司研究 2025-06-13

原图定位查看详情
科学仪器主要分类

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来源：聚光科技-公司深度研究：行业龙头底蕴深厚轻装上阵拐点已至-250611（32页）.pdf
公司研究 2025-06-13

原图定位查看详情
佛燃能源业务分类

5oqx5q2J77yM5oiR5peg5rOV5o+Q5Y+W5Zu+54mH5Lit55qE5pWw5o2u44CC

来源：佛燃能源-公司研究报告-佛山城燃龙头高分红构筑安全边际-250612（24页）.pdf
公司研究 2025-06-13

原图定位查看详情
图12影像设备分类

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

来源：C影石-公司研究报告-始于敢想打造全球领先智能影像品牌-250611（25页）.pdf
公司研究 2025-06-13

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乳清蛋白是蛋白粉的核心细分类目

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来源：康比特-公司研究报告-从专业迈向大众品牌+渠道双轮破圈运动营养赛道-250612（33页）.pdf
公司研究 2025-06-13

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华工高理产品分为NTC和PTC两大类

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来源：华工科技-公司深度报告：校企改革龙头AI驱动光模块业务提速-250612（24页）.pdf
公司研究 2025-06-13

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Nike前四大鞋类供应商集中度

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来源：华利集团-公司首次覆盖：运动鞋制造龙头壁垒深厚增长可期-250612（31页）.pdf
公司研究 2025-06-13

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目前没有单一浸出工艺适应于所有矿石类型，必和必拓布局多种技术路线

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来源：有色金属行业矿业巨头启示录系列之三：百年基业必和必拓矿业帝国缔造史-250612（51页）.pdf
金属矿产 2025-06-13

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PEEK与主要工程塑料、特种工程塑料性能对比情况

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来源：机器人行业轻量化深度报告：机器人轻量化大势所趋镁合金&PEEK材料加速应用-250612（40页）.pdf
机器人 2025-06-13

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贝壳运营费用率与剔除SBC的运营费用率

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来源：贝壳~W-港股公司研究报告-洞见贝壳系列一：股权激励管控有序股东回报稳健可持续-250611（31页）.pdf
公司研究 2025-06-13

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BHP资产组合变化与技术与能源革命紧密交织

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来源：有色金属行业矿业巨头启示录系列之三：百年基业必和必拓矿业帝国缔造史-250612（51页）.pdf
金属矿产 2025-06-13

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表4运动相机与传统数码相机的性能对比

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来源：C影石-公司研究报告-始于敢想打造全球领先智能影像品牌-250611（25页）.pdf
公司研究 2025-06-13

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紫光股份1Q25合同负债与收入同比增幅较大

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

来源：紫光股份-公司研究报告-ICT领军AI服务器与交换机齐放量-250611（25页）.pdf
公司研究 2025-06-13

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贝壳研发费用率与剔除SBC的研发费用率

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

来源：贝壳~W-港股公司研究报告-洞见贝壳系列一：股权激励管控有序股东回报稳健可持续-250611（31页）.pdf
公司研究 2025-06-13

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贝壳销售费用率与剔除SBC的销售费用率

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

来源：贝壳~W-港股公司研究报告-洞见贝壳系列一：股权激励管控有序股东回报稳健可持续-250611（31页）.pdf
公司研究 2025-06-13

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PEEK与通用金属性能对比情况

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

来源：机器人行业轻量化深度报告：机器人轻量化大势所趋镁合金&PEEK材料加速应用-250612（40页）.pdf
机器人 2025-06-13

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科技研发与装备制造业务毛利&毛利率

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

来源：佛燃能源-公司研究报告-佛山城燃龙头高分红构筑安全边际-250612（24页）.pdf
公司研究 2025-06-13

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互联网行业：子板块基本面与估值对比

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

来源：互联网行业：商业模式护城河及竞争壁垒有效性重回关注焦点-250612（25页）.pdf
互联网产业 2025-06-13

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能源低碳环保与数字化产业业务细分

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来源：海油发展-公司研究报告-油气一体化的海上油服领军企业-250612（18页）.pdf
公司研究 2025-06-13

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图表6海天渠道建设及市场覆盖情况

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来源：海天味业-公司深度研究报告：踏上新程海阔天空-250612（32页）.pdf
公司研究 2025-06-13

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华工科技激光加工装备及智能制造产线毛利率

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来源：华工科技-公司深度报告：校企改革龙头AI驱动光模块业务提速-250612（24页）.pdf
公司研究 2025-06-13

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互联网平台股份支付薪酬费用占经调归母净利润及占收入比例对比

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来源：贝壳~W-港股公司研究报告-洞见贝壳系列一：股权激励管控有序股东回报稳健可持续-250611（31页）.pdf
公司研究 2025-06-13

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归母净利润及同比

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来源：联创电子-公司首次覆盖报告：车载光学产能加速释放静待盈利修复-250612（19页）.pdf
公司研究 2025-06-13

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图表4海天销售人员及费用16年起快速提升

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来源：海天味业-公司深度研究报告：踏上新程海阔天空-250612（32页）.pdf
公司研究 2025-06-13

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美团：外卖+闪购订单量及同比增速

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来源：互联网行业：商业模式护城河及竞争壁垒有效性重回关注焦点-250612（25页）.pdf
互联网产业 2025-06-13

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京东：分业务单元经营利润及预测

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来源：互联网行业：商业模式护城河及竞争壁垒有效性重回关注焦点-250612（25页）.pdf
互联网产业 2025-06-13

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收入及毛利分布百分比

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来源：威胜控股-港股公司研究报告-顺势能源需求积极乘风出海-250612（18页）.pdf
公司研究 2025-06-13

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华工科技激光加工装备及智能制造产线收入及增速

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来源：华工科技-公司深度报告：校企改革龙头AI驱动光模块业务提速-250612（24页）.pdf
公司研究 2025-06-13

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会稽山线上营收及增速

5aW955qE77yM5oKo57uZ5Ye655qE5Zu+54mH5q+U6L6D5qih57OK77yM5peg5rOV6K+G5Yir77yM6K+357uZ5Ye65pu05Yqg5riF5pmw55qE54Wn54mH44CC

来源：会稽山-公司深度研究：黄酒之源创新破局-250612（33页）.pdf
公司研究 2025-06-13

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华工科技归母净利润及增速

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来源：华工科技-公司深度报告：校企改革龙头AI驱动光模块业务提速-250612（24页）.pdf
公司研究 2025-06-13

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办公信创升级招标需求及评估标准

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来源：泛微网络-公司深度报告：协同办公龙头AI Agent打开第二成长曲线-250612（35页）.pdf
公司研究 2025-06-13

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通信及流体计量业务的数字电网例子

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来源：威胜控股-港股公司研究报告-顺势能源需求积极乘风出海-250612（18页）.pdf
公司研究 2025-06-13

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通信及流体计量收入分布百分比

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来源：威胜控股-港股公司研究报告-顺势能源需求积极乘风出海-250612（18页）.pdf
公司研究 2025-06-13

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贝壳经营净现金流、经调归母净利及归母净利

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来源：贝壳~W-港股公司研究报告-洞见贝壳系列一：股权激励管控有序股东回报稳健可持续-250611（31页）.pdf
公司研究 2025-06-13

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