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针对重庆百货资产价值重估的DCF假设及测算值:资产价值折现为222亿元
针对重庆百货资产价值重估的DCF假设及测算值:资产价值折现为222亿元
行业数据
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图片属性
图片格式:PNG
图片大小:103KB
图片尺寸:2268*731
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所属报告:
批零贸易行业REITs专题研究:消费基础设施首次纳入REITs百货酒店受益-230327(27页).pdf
打包全文图表
相关数据
DCF估值(单位:百万元)
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行业数据
2026-06-12
原图定位
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DCF估值(计算权益价值单位为百万元人民币)
IyMjIERDRuS8sOWAvOaVsOaNruihqAoKIyMjIyDln7rmnKzkv6Hmga8KfCDpobnnm64gfCDmlbDmja4gfAp8LS0tLS0tfC0tLS0tLXwKfCDkvLDlgLzml6XmnJ8gfCAyMDI2LzUvOCB8Cnwg6K+E5Lyw5pel5YWs5Y+46IKh5Lu3IHwgMzUuNjIgfAp8IOS4i+S4gOS4quW5tOaKpeacnyB8IDIwMjYvMTIvMzEgfAp8IEZpcnN0IFllYXIgQ0YgQWRqdXN0bWVudCB8IDAuNiB8CgojIyMjIOiuoeeul+WKoOadg+W5s+Wdh+i1hOacrOaIkOacrChXQUNDKQp8IOmhueebriB8IOaVsOaNriB8CnwtLS0tLS18LS0tLS0tfAp8IEJldGHop4Llr5/lgLwgfCAwLjc4IHwKfCDooYzkuJrlubPlnYfotYTkuqdCZXRhIHwgMC43OCB8Cnwg5peg6aOO6Zmp5Yip546HIHwgNC40JSB8Cnwg6aOO6Zmp5rqi5Lu3IHwgNy4wJSB8Cnwg5ZCN5LmJ6ZW/5pyf5aKe6ZW/546H5YGH6K6+IHwgMi4wJSB8CgojIyMjIOi1hOacrOe7k+aehOS4juaIkOacrO+8iDIwMjXlubTvvIkKfCDpobnnm64gfCDmlbDmja4gfAp8LS0tLS0tfC0tLS0tLXwKfCDlj5HooYzlnKjlpJbogqHmlbAgfCAxNTkuMCB8Cnwg6IKh56Wo5biC5YC8KEUpIHwgNTY2NCB8Cnwg5YC65Yqh5oC76aKdKEQpIHwgMzE3IHwKfCDotYTmnKznu5PmnoTkuK3mnYPnm4rnmoTmr5TkvosoRS8oRCtFKSkgfCA5NC43JSB8Cnwg6LWE5pys57uT5p6E5Lit6LSf5YC655qE5q+U546HKEQvKEQrRSkpIHwgNS4zJSB8Cnwg5YWs5Y+46ZW/5pyf6LS35qy+5Yip546HKEtkKSB8IDAuMCUgfAp8IOaJgOW+l+eojueOhyhUKSB8IDEwLjclIHwKfCDlhazlj7jlgLrliqHmiJDmnKwgfCAwLjAlIHwKfCDogqHnpahCZXRhIHwgMC44MiB8Cnwg5YWs5Y+45p2D55uK5oiQ5pys77yIS2XvvIkgfCAxMC4xJSB8CnwgV0FDQyB8IDkuNTklIHwKCiMjIyMg6K6h566X5p2D55uK5Lu35YC8Cnwg6aG555uuIHwg5pWw5o2uIHwKfC0tLS0tLXwtLS0tLS18Cnwg5pi+5oCnL+WNiuaYvuaAp+mihOa1i+S7t+WAvCB8IDMwMjMgfAp8IOe7iOWAvOS7t+WAvCB8IDUyNDkgfAp8IOS8geS4muaguOW/g+ivhOS8sOS7t+WAvEFFViB8IDgyNzIgfAp8IOmdnuaguOW/g+i1hOacrCB8IDg4MCB8Cnwg5YW25LuW5Lia5YqhIHwgMC4wIHwKfCDkvIHkuJrmgLvku7flgLwgfCA5MTUyIHwKfCDlh4DotJ/lgLogfCAzMTcgfAp8IOWwkeaVsOiCoeS4nOadg+ebiiB8IDI4NSB8Cnwg5p2D55uK6K+E5Lyw5Lu35YC8IHwgODU1MCB8CgoK6LWE5paZ5p2l5rqQ77ya5Lit5rOw6K+B5Yi456CU56m25omA
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行业数据
2026-05-11
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DCF估值结果(单位:百万元)
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行业数据
2026-04-01
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DCF估值结果(单位:百万元)
fCDpobnnm64gICAgICAgICAgICAgICB8IOaVsOWAvO+8iOeZvuS4h+WFg++8iSB8CnwtLS0tLS0tLS0tLS0tLS0tLS0tLXwtLS0tLS0tLS0tLS0tLS0tfAp8IOmihOa1i+acn+iHqueUseeOsOmHkea1geeOsOWAvCB8IDU1LDUxNyAgICAgICAgIHwKfCDoh6rnlLHnjrDph5HmtYHnu4jlgLwgICAgICAgfCAxODcsOTU1ICAgICAgICB8Cnwg5rC457ut6Ieq55Sx546w6YeR5rWB546w5YC8ICAgfCAxMDEsNzQ5ICAgICAgICB8Cnwg5LyB5Lia5Lu35YC8ICAgICAgICAgICAgIHwgMTU3LDI2NiAgICAgICAgfAp8IOWHgOeOsOmHke+8jOWwkeaVsOiCoeS4nOadg+ebiiB8IDk2OCAgICAgICAgICAgIHwKfCDmnYPnm4rku7flgLwgICAgICAgICAgICAgfCAxNTYsMjk5ICAgICAgICB8CgrotYTmlpnmnaXmupDvvJpXaW5k77yM5Y2O5rOw56CU56m26aKE5rWL
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行业数据
2026-03-20
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Figure 49: Our DCF valuation (Rmb m unless specified)
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行业数据
2026-03-11
原图定位
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DCF估值指标(权益评估价值单位为百万人民币)
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行业数据
2026-02-26
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DCF估值结果(单位:百万元)
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行业数据
2025-12-30
原图定位
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DCF估值结果(单位:百万元)
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行业数据
2025-12-10
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DCF估值结果(单位:百万元)
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行业数据
2025-12-10
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DCF测算结果(单位:百万元,百万股,元)
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行业数据
2025-12-01
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DCF估值敏感性分析(合理区间:每股价值18.30-20.66元,股权价值20.44-23.07亿元)
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行业数据
2025-12-01
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现金流折现法(DiscountCashFlow,DCF)测算思路图
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行业数据
2025-11-14
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2025E-2034E10年DCF估值:目标价1,313美元
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行业数据
2025-10-23
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DCF估值(权益评估价值单位为百万人民币)
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行业数据
2025-10-10
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估值结论(DCF法)敏感性分析(单位:亿元)
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行业数据
2025-09-26
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美国市场REITs发展历史:从探索期到成熟发展期
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