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铁建重工ROE显著高于母公司中国铁建
铁建重工ROE显著高于母公司中国铁建
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所属报告:
【公司研究】中国铁建-深度报告:基建“国家队”转型投资运营商分拆过会有望提升估值中枢-210602(39页).pdf
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相关数据
公司在欧洲、东南亚、美国的隔膜销售情况(单位:百万元)
fCDlubTku70gfCDnvo7lm73vvIjnmb7kuIflhYPvvIkgfCDkuJzljZfkuprvvIjnmb7kuIflhYPvvIkgfCDmrKfmtLLvvIjnmb7kuIflhYPvvIkgfAp8IDotLS06IHwgOi0tLTogfCA6LS0tOiB8IDotLS06IHwKfCAyMDIzIHwgfjIgfCB+MTcgfCB+MTM3IHwKfCAyMDI0IHwgfjEwIHwgfjM1IHwgfjEwMCB8CnwgMjAyNSB8IH42NSB8IH4xMCB8IH4xODcgfAoKKirotYTmlpnmnaXmupAqKu+8muWFrOWPuOaLm+iCoeivtOaYjuS5pu+8jOWbveiBlOawkeeUn+ivgeWIuOeglOeptuaJgA==
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行业数据
2026-07-27
原图定位
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表6、全国性火电公司火电上网电量分布(2025A)
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2026-07-27
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公司电力设备产品产业链
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产业链
2026-07-21
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图10.2024–2025公司主营业务分产品毛利率对比(%)
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2026-07-21
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图11.2023Q1-2026Q1各季度公司毛利率、净利率(%)
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2026-07-21
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图12.2023Q1-2026Q1各季度公司家装和工程墙面漆价格
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2026-07-21
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图13.2020–2026Q1公司各项费用率(%)
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2026-07-21
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图55.2020年以来公司PE-TTM走势(倍)
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2026-07-21
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图7.2021-2025年公司主营业务分产品营业收入(亿元)
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2026-07-21
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图8.2021-2025年公司家装墙面漆销售收入、占墙面漆业
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2026-07-21
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图9.2020–2026Q1公司盈利能力(%)
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2026-07-21
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图6.2020-2026Q1公司归母净利润增速对比(%)
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2026-07-21
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图54.2022–2026Q1立邦中国TUB及公司工程墙面漆营收
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2026-07-21
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图53.2022–2026Q1立邦中国TUC及公司家装墙面漆营收
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2026-07-21
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公司国内2B业务实现高增
fCDlubTku70gfCDlm73lhoUyQuS4muWKoeaUtuWFpe+8iOS6v+WFg++8iSB8IOWQjOavlOWinumVv+eOh++8iHlvee+8iSB8CnwgOi0tLSB8IDotLS0gfCA6LS0tIHwKfCAyMDIzIHwgMC44MCB8IOKAlCB8CnwgMjAyNCB8IDEuNzggfCB+MTE4JSB8CnwgMjAyNSB8IDMuMDUgfCB+NzUlIHwKCioq6LWE5paZ5p2l5rqQ77yaKiog5YWs5Y+4IDIwMjQtMjAyNSDlubTlubTmiqXvvIzlm73ms7DmtbfpgJror4HliLjnoJTnqbY=
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2026-07-21
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2026-07-30
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2026-07-30
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2026-07-30
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