【F交通运输仓储】中信证券-100630-公路铁路物流行业XXXX年下半年投资.pdf

2010ᑈ6᳜30᮹
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݀䏃䪕䏃⠽⌕㸠Ϯ2010ᑈϟञᑈᡩ䌘ㄪ⬹

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݀䏃䪕䏃ᑇ〇ˈ݇⊼⠽⌕ᴎӮ䪕䏃˖ᔎѢ໻Ꮦ˄㓈ᣕ˅

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㸠Ϯ᱃⇨ᣕ㓁ˈ䋻䖤๲䭓ᔎ࢓ಲछDŽ1~5᳜ӑˈ㒣⌢䍟ད֗ՓѸ䗮䖤䕧Ϯᣕ偀ᰧゟ5
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5݀䏃㸠Ϯ˖ഄᮍ㵡䌘ᑇৄⱘᮄᴎ䘛DŽѸ䗮ᡩ䌘䲚ಶ䰚㓁ᓎゟˈЎ៥Ӏᦤկњ
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ϟञᑈ݀䏃ᅶ䋻䖤䞣㓈ᣕ〇ᅮ๲䭓ˈ㸠Ϯᡩ䌘ᴎӮ೼Ѣᬊ䌍䌍⥛ᦤӋⱘ乘ᳳ
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ᡩ䌘ᴎӮDŽ᳾ᴹ3-5ᑈⱘᎼ乱ᡩ䌘ˈ䪕䏃ᴗⲞᗻ䚂ӊ˖[e-mail]⫳ڀˈ∖䪕䏃㸠Ϯ˖㵡䌘䳔5
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⦃䪕䏃⊼䌘ⱘᡩ䌘ӋؐDŽৠᯊˈ⇥䯈䌘ᴀ԰Ў䪕䏃ᡩ䌘㵡䌘ⱘৢ㓁ࡼ㛑ˈᬓⳌᇍᣛ᭄㸼⾺

ټ㸠㗙ˈϮ㒽ℷ䍄Ёᷛ300䖤䕧ҧܜㄪᬒᓔֵো䗤⏤ᯢ⹂ˈ೑ᘦ䪕䏃԰Ў⇥䯈䌘ᴀⱘ䪕䏃ᡩ䌘
䪕䏃݀䏃
ߎԢ䈋ᳳˈৃ݇⊼݊䭓ᳳথሩDŽ20
5⠽⌕ᵓഫ˖ᬓㄪᡊᣕǃᮄ㙵ϞᏖˈᵓഫᴎӮᇚᰒ⦄DŽ乘䅵䱣ⴔϟञᑈ⠽⌕ᤃ10
݈䅵ߦ㒚߭ⱘ䗤ℹ᥼ߎˈ⠽⌕㸠Ϯᇚ䴶Ј᳈㡃དⱘᬓㄪ⦃๗ˈ㸠Ϯᇚ䖢ᴹব0
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䴽ᳳDŽৠᯊˈⳂࠡᕙϞᏖⱘ⠽⌕݀ৌᏆ䖒5ᆊˈ㢹ഛ㛑乎߽থ㸠ˈᇚӮ᥼ࡼ
-20
A㙵⠽⌕ᵓഫᮄϔ䕂㸠ᚙDŽ៥Ӏ䅸Ўˈϟञᑈ⠽⌕ᵓഫᭈԧᴎӮᰒ⦄ˈϞᏖ100104100122100211100310100330100419
݀ৌഛᇚ᳝᠔㸼⦄DŽ
䌘᭭ᴹ⑤˖Ё᭄ֵ䞣࣪ᡩ䌘ߚᵤ㋏㒳
5亢䰽಴㋴˖㒣⌢๲䭓ϡབ乘ᳳ˗ゲѝߚ⌕䍙乘ᳳDŽ
5㸠Ϯ䆘㑻੠ᡩ䌘ㄪ⬹˖៥Ӏ䅸Ўˈϟϟञᑈ⠽⌕ᵓഫӮ᳝᳈དⱘ㸼⦄ˈ݀䏃ᵓⳌ݇ⷨお
ഫᑨ䙈䗝Ӭ䋼ⱘԢԄؐ乬ᴤϾ㙵ˈ䪕䏃ᵓഫৃ԰Ў䰆ᕵᗻક⾡䜡㕂DŽ⠽⌕㸠1.lj䪕䏃݀䏃㸠Ϯ2010ᑈ5᳜䎳䏾᡹ਞü
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Ϯᤃ݈䅵ߦ㒚߭᥼ߎǃᮄ㙵ϞᏖᇚᏺᴹᵓഫᗻᴎӮˈᓎ䆂݇⊼▇⋟乎ᯠǃЁ
...............................................2010-05-25
ˈ㙵ӑǃᗵѮ䗮˗݀䏃㸠Ϯ᱃⇨ᑺ㡃དˈᬏᅜݐ໛ˈ㓈ᣕĀᔎѢ໻Ꮦā䆘㑻ټ
ᓎ䆂䙈䗝Ӭ䋼ⱘԢԄؐϾ㙵ˈ᥼㤤ᙺ䖒ᡩ䌘ǃϰ㥲᥻㙵ǃᅕ≾催䗳ǃቅϰ催2.lj䪕䏃݀䏃㸠Ϯ2010ᑈ4
ˈ䗳˗䪕䏃㸠Ϯ᱃⇨ᇚᣕ㓁ˈᵓഫϟ㸠㟇ԄؐԢԡˈ㓈ᣕĀᔎѢ໻Ꮦāⱘ䆘㑻
ৃ԰Ў䰆ᕵᗻક⾡䜡㕂ˈᓎ䆂݇⊼໻⾺䪕䏃ǃ೑ᘦ䪕䏃DŽ
䞡⚍݀ৌⲜ߽乘⌟ঞᡩ䌘䆘㑻
㙵ӋⳂᷛӋEPS˄ܗ˅PEPBROE
݀ৌPEG䆘㑻
˄ܗ˅˄ܗ˅09A10E11E09A10E11E10E10E
▇⋟乎ᯠ11.7615.70.210.440.6056.035.70.40.72.46.37%фܹ
ᙺ䖒ᡩ䌘9.4617.40.591.041.2316.09.17.70.82.75.45%фܹ
ϰ㥲᥻㙵6.4411.50.280.440.5223.014.612.40.42.312.13%фܹ
ᅕ≾催䗳6.549.00.400.490.5016.413.313.11.11.79.73%๲ᣕ
Ἦ໽催䗳5.938.00.320.450.5018.513.211.91.01.812.13%фܹ
䌷㉸催䗳6.0612.00.530.550.6211.411.09.80.82.115.30%фܹ
໻⾺䪕䏃8.5514.00.500.640.7217.113.411.91.73.216.57%фܹ
䌘᭭ᴹ⑤˖Ё᭄ֵ䞣࣪ᡩ䌘ߚᵤ㋏㒳⊼˖㙵ӋЎ2010ᑈ6᳜21᮹ᬊⲬӋ

䇋ࡵᖙ䯙䇏ℷ᭛Пৢⱘܡ䋷ᴵℒ䚼ߚ
݀䏃䪕䏃⠽⌕㸠Ϯ2010ᑈϟञᑈᡩ䌘ㄪ⬹

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