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| 亯????φ | ? lsheng@ccxi.com.cn |
| 亯????φ | lbwang@ccxi.com.cn |
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China Chengxin International Credit Rating Co.,Ltd.
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China Chengxin International Credit Rating Co.,Ltd.
戃偫?100010 ?崲??8610?6642 8877????8610?
| 6642 6100 |
Building 6, Galaxy SOHO, No.2 Nanzhuganhutong,ChaoyangmenneiAvenue
Dongcheng District,Beijing, 100010
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| ????????? | 2018 | 2019 | 2020 |
| 733.30 | 754.72 | 859.71 | |
| 315.18 | 341.90 | 357.43 | |
| 418.12 | 412.82 | 502.27 | |
| 341.26 | 327.72 | 386.67 | |
| 274.09 | 293.60 | 283.29 | |
| ??????? | 9.10 | 18.07 | 26.35 |
| EBIT???? | 25.59 | 37.77 | 46.34 |
| 59.77 | 75.35 | 80.54 | |
| 60.00 | 82.73 | 62.81 | |
| (%) | 11.54 | 16.62 | 20.67 |
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| (%) | 3.55 | 5.08 | 5.74 |
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| (%) | 57.02 | 54.70 | 58.42 |
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| (%) | 51.99 | 48.94 | 51.96 |
| ???/EBITDA(X) | 5.71 | 4.35 | 4.80 |
| EBITDA????(X) | 4.11 | 5.22 | 5.77 |
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???????????ь?????????????≤??????儈≤?????????????っ??????????????????????а?????
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≤?????ъ????≤??
??????????а?о???????????????2020????????????593.84????????仍??409.73????????????????????????????????????????????ф????A?к????????000539???????????
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????⌒????????????????儈?????⌒??????ъ??????????2020?9??????????к??9???????????600?/?????????ā??????????????
???ъ????н????2020??????л??????????ь?????????????????????????н?????ь?????≤???⌒?????к?????а???????????ㄉ??????????ь??????????ь?????ък????????????????????????????????????ъ???????
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340.10????????94.71???????亩??н??
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2020????????ъ???????
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| ?зз??? |
/
???
| ??????? |
| ???? |
| (%) |
| ???? |
| ?%?? |
к???
| 1,676 | 466.23 | 1,289.47 | 71.03 | 242.03 | 27.18 | |
| 2,327 | 698.59 | 859.71 | 51.96 | 283.29 | 20.67 |
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China Chengxin International Credit Rating Co.,Ltd.www.ccxi.com.cn
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?ь???????????1992?9?8????ь????ъ???
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???????2020??????????
52.50????ь????????67.39%???
??????ь??ь??????????????????л????ь????ā??????????
??????
?ь????????????????ь??????????2021?????????????????????ā?????н??15????15???????5????3???????????????????????
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2001??ь????????????????????ь???????????????????ь??????????????????????ь?????????????50.15%?????ь?
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China Chengxin International Credit Rating Co.,Ltd.
www.ccxi.com.cn
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China Chengxin International Credit Rating Co.,Ltd.www.ccxi.com.cn
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China Chengxin International Credit Rating Co.,Ltd.
www.ccxi.com.cn
????????????97%?к????????⌒??????????????????
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? 1
??????????????????
| ?? | 2018 | 2019 | 2020 |
| 269.50 | 288.11 | 276.51 | |
| 4.59 | 5.49 | 6.78 | |
| ?ъ???? | 274.09 | 293.60 | 283.29 |
| ?? | 2018 | 2019 | 2020 |
| 98.33% | 98.13% | 97.61% | |
| 1.67% | 1.87% | 2.39% | |
| ?? | 100.00% | 100.00% | 100.00% |
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| 2018 | 2019 | 2020 |
| 2,095 | 2,101 | 2,327 |
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| 1,714 | 1,672 | 1,878 |
??
| 326 | 372 | 372 |
仾?
| 42 | 43 | 63 |
≤?
| 14 | 14 | 14 |
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| 81.81% | 79.66% | 80.70% |
????
| 15.56% | 17.72% | 15.99% |
仾???
| 2.00% | 2.00% | 2.71% |
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| 0.66% | 0.67% | 0.60% |
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China Chengxin International Credit Rating Co.,Ltd.
www.ccxi.com.cn
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| ?? | 2018 | 2019 | 2020 |
| ??????????? | 751.23 | 752.83 | 737.51 |
| 661.68 | 625.12 | 600.66 | |
| 78.44 | 116.12 | 119.26 | |
| 5.96 | 7.56 | 12.79 | |
| 5.15 | 4.03 | 4.80 | |
| ??????????? | 709.84 | 711.75 | 698.59 |
| 622.36 | 586.79 | 564.74 | |
??
| 76.73 | 113.79 | 116.87 | |
| 5.71 | 7.22 | 12.27 | |
≤?
| 5.04 | 3.95 | 4.71 | |
| 353.8 | 463.0 | 586.5 | |
| ???????????? | 4,036 | 3,812 | 3,712 |
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| 4,255 | 4,030 | 3,882 |
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| 0.4420 | 0.4635 | 0.4473 |
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| 308.28 | 304.23 | 301.59 |
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| ?? | 2018 | 2019 | 2020 |
| 2,830 | 2,738 | 2,560 | |
| 2,831 | 2,672 | 2,605 | |
| 829.02 | 821.39 | 778.06 |
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China Chengxin International Credit Rating Co.,Ltd.www.ccxi.com.cn
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| 92.00 | 35.37 | 9.51 | 10.40 | 8.00 | |
| 248.40 | 59.28 | 5.03 | 16.00 | 16.00 | |
| 95.00 | 29.98 | 2.00 | 5.00 | 15.00 | |
| 30.25 | 56.43 | 28.50 | 10.00 | 17.93 |
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| 30.25 | 59.63 | 21.59 | 15.00 | 23.04 | |
| 20.35 | 37.89 | 9.69 | 11.50 | 16.70 | |
| 20.35 | 36.98 | 8.13 | 10.00 | 18.85 | |
| 4.95 | 4.79 | 3.43 | 0.60 | -- | |
| 5.00 | 4.81 | 2.33 | 1.00 | 1.48 | |
| 5.00 | 5.21 | 2.18 | 1.00 | 2.03 | |
| ⒆??????仾?? | 5.00 | 5.21 | 2.17 | 1.00 | 2.04 |
| 4.99 | 4.52 | 0.15 | 1.50 | 3.02 | |
| ?? | 561.54 | 340.10 | 94.71 | 83.00 | 124.09 |
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China Chengxin International Credit Rating Co.,Ltd.
www.ccxi.com.cn
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| 2018 | 2019 | 2020 |
| 10.58 | 15.65 | 19.42 | |
| ?ъ??? | 11.54 | 16.62 | 20.67 |
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? 7
??????????????????
| 2018 | 2019 | 2020 |
| 20.69 | 21.58 | 22.68 | |
| 7.55% | 7.35% | 8.01% |
???ъ???
| 9.07 | 25.13 | 33.75 | |
| 2.52 | 1.62 | 4.88 |
????
| 5.38 | 1.26 | 3.01 |
??????
| 0.02 | 0.21 | 3.41 |
???仍
| 12.45 | 25.45 | 35.22 | |
| EBIT | 25.59 | 37.77 | 46.34 |
| EBITDA | 59.77 | 75.35 | 80.54 |
??????
| 3.55% | 5.08% | 5.74% |
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China Chengxin International Credit Rating Co.,Ltd.www.ccxi.com.cn
ど
ど?
??????????н????????????????????????????????????儈????????ъ???2019???????????????????????????????????????2020?????????????????????????????????亩????н????????????????⌒??????????????????????????ъ??????????????ь????』?????????ъ???????????????????????????????????????????????????????????????ъ??????????????????????????????2019?2020???????????????????????14.12???2.68???????????????????????????????????亴????????????亩〾??????』??????亩???????????????????????????????⌒????????????ф?????????????喴???а??????2020??????????????????????????л????????????仾????????????????
? 8
????????????????
| 2018 | 2019 | 2020 |
| ???? | 55.74 | 50.82 | 57.91 |
????
| 33.58 | 31.98 | 43.32 |
??
| 14.82 | 18.17 | 15.90 | |
| ???? | 121.62 | 113.09 | 135.39 |
????
| 411.58 | 385.56 | 471.95 |
????
| 77.41 | 108.82 | 91.54 |
??????
| 63.95 | 64.56 | 66.87 |
????????
| 15.66 | 31.42 | 35.48 |
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| 18.72 | 27.54 | 31.80 | |
| ????? | 611.68 | 641.63 | 724.31 |
| ???仍 | 733.30 | 754.72 | 859.71 |
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? 9
?????????????????????%
?
| 2018 | 2019 | 2020 |
????
| 21.97 | 24.65 | 26.66 |
?????
| 41.53 | 40.42 | 67.76 |
????
| 123.54 | 123.64 | 151.12 | |
| 217.72 | 204.08 | 235.55 | |
| 0.57 | 0.61 | 0.64 | |
| ??? | 341.26 | 327.72 | 386.67 |
| ??? | 418.12 | 412.82 | 502.27 |
| 78.34 | 82.46 | 85.15 |
??????
| 5.50 | 16.76 | 19.46 | |
| 54.90 | 59.09 | 67.56 | |
| 72.91 | 80.11 | 83.73 | |
| ????? | 315.18 | 341.90 | 357.43 |
| 51.99 | 48.94 | 51.96 |
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China Chengxin International Credit Rating Co.,Ltd.www.ccxi.com.cn
??≤????????н???仾?????亩?????????????????????ф????????????2018~2019???????????????????????????2020????????????????????????????????
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?
? 10
????????????????????X
?
| 2018 | 2019 | 2020 |
| 60.00 | 82.73 | 62.81 | |
| -33.10 | -47.86 | -81.14 | |
| -21.16 | -39.77 | 25.17 | |
| 4.12 | 5.73 | 4.50 |
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| 0.18 | 0.25 | 0.16 | |
| ????????????/????%? | 10.58 | 18.31 | 8.98 |
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| ????????з?? | 2018 | 2019 | 2020 |
| 557,438.29 | 508,164.20 | 579,094.61 | |
| 335,833.19 | 319,769.05 | 433,214.90 |
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| 22,297.68 | 27,280.16 | 45,926.66 | |
| 148,181.73 | 181,705.93 | 159,375.25 | |
| 796,094.11 | 959,815.59 | 1,023,534.56 | |
| 4,115,759.48 | 3,855,571.87 | 4,719,523.31 | |
| ???? | 774,075.43 | 1,088,200.38 | 915,363.71 |
| 186,358.88 | 178,773.86 | 214,162.54 |
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| 7,332,966.23 | 7,547,202.71 | 8,597,081.82 | |
| 415,251.85 | 404,211.71 | 677,570.06 | |
| 1,235,441.29 | 1,236,363.21 | 1,511,217.30 | |
| 2,177,185.01 | 2,040,799.19 | 2,355,510.96 | |
| ??? | 3,412,626.29 | 3,277,162.40 | 3,866,728.26 |
| ??? | 2,855,188.00 | 2,768,998.20 | 3,287,633.64 |
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| ??????? | 131,334.56 | 123,222.61 | 111,150.09 |
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| 14,133.58 | 21,160.03 | 28,420.14 | |
| 3,151,782.16 | 3,418,968.54 | 3,574,341.48 |
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| 2,740,851.42 | 2,936,015.52 | 2,832,906.54 | |
| 90,731.57 | 251,335.21 | 337,465.80 |
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| 53,770.30 | 12,554.12 | 30,083.60 |
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| 91,009.74 | 180,717.49 | 263,526.15 | |
| EBIT | 255,854.33 | 377,746.60 | 463,376.79 |
| EBITDA | 597,696.63 | 753,530.97 | 805,371.38 |
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| 599,993.64 | 827,268.31 | 628,078.12 |
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| -330,987.99 | -478,596.75 | -811,418.30 |
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| -211,625.46 | -397,745.68 | 251,737.98 | |
| 369,986.81 | 481,861.01 | 797,845.12 |
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| (%) | 21.81 | 25.67 | 28.43 |
| (%) | 3.55 | 5.08 | 5.74 |
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| (X) | 0.63 | 0.57 | 0.53 |
| (X) | 0.55 | 0.48 | 0.47 |
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| EBITDA |
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| (X) | 1.76 | 2.62 | 3.32 |
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