{
|
"batch_id": "BATCH-STOCK-VALUATION-AGRICULTURE-PF-20260818-001",
|
"source_cutoff_at": "2026-08-18T15:15:27+08:00",
|
"price_date": "2026-08-17",
|
"targets": 16,
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"success": 16,
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"failures": [],
|
"institution_forecast_policy": "post-cutoff aggregator capture excluded from formal valuation",
|
"results": [
|
{
|
"ticker": "603086.SH",
|
"company": "先达股份",
|
"research_name": "先达股份",
|
"industries": [
|
"农业-农药"
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],
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"research_layers": [
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"T1_PRIMARY"
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],
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"price": 5.7,
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"price_date": "2026-08-17",
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"normalized_profit": 121316569.07000002,
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"normalized_pe": 20.429484068824397,
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"pb": 1.167312495101266,
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"consensus_count": 0,
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"consensus_2026": null,
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"forward_pe": null,
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"base_low": 3.2197738788222416,
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"base_high": 6.20956390915718,
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"optimistic_high": 11.59118596376007,
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"label": "基本合理",
|
"bubble_status": "未识别估值泡沫",
|
"bubble_primary_cause": "当前价未超过基准合理区间上沿",
|
"bubble_reason": "当前价未超过基准上沿；除草剂、杀菌剂原药与中间体的经营风险仍可能令合理区间下修。",
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"qa": {
|
"error_count": 0,
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"info_count": 1,
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"issues": [
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{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
|
"field": "institutions",
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"issue_id": "QA-CORE-SOURCE-MISSING",
|
"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
|
"recalc_scope": "institutions",
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"severity": "WARNING"
|
},
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{
|
"action": "拆解营运资本、资本开支与回款持续性。",
|
"field": "metrics.annual_fcf",
|
"issue_id": "QA-NEGATIVE-FCF",
|
"message": "最近完整年度简化自由现金流为负。",
|
"recalc_scope": "DCF 与现金流交叉验证",
|
"severity": "WARNING"
|
},
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{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
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"issue_id": "QA-INSTITUTION-NONE",
|
"message": "估值日没有可用机构盈利预测，已明确记录为空。",
|
"recalc_scope": "机构预期模块",
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"severity": "INFO"
|
}
|
],
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"status": "PASS_WITH_WARNINGS",
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"warning_count": 2
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},
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"share_status": "MATCH_REPORT",
|
"formal_path": "ana-data/result/股票估值/20260817_industry_gap_603086_valuation/先达股份价格合理性评估_20260817.md",
|
"snapshot_path": "ana-data/result/股票估值/20260817_industry_gap_603086_valuation/先达股份估值快照_20260817.json",
|
"run_status": "REUSED",
|
"valuation_method": "周期化PE+业务适配交叉验证"
|
},
|
{
|
"ticker": "605033.SH",
|
"company": "美邦股份",
|
"research_name": "美邦股份",
|
"industries": [
|
"农业-农药"
|
],
|
"research_layers": [
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"T1_PRIMARY"
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],
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"price": 19.15,
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"normalized_profit": 53469504.12,
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"normalized_pe": 48.42161981134902,
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"pb": 2.1746136872739297,
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"consensus_count": 0,
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"forward_pe": null,
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"base_low": 5.547337278106509,
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"base_high": 11.094674556213018,
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"optimistic_high": 21.153846153846153,
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"label": "偏贵",
|
"bubble_status": "泡沫-高",
|
"bubble_primary_cause": "小市值弹性与盈利恢复预期",
|
"bubble_reason": "当前价高于基准上沿72.6%；市场可能提前交易小市值弹性与盈利恢复预期，且乐观利润与估值倍数被提前定价。尚无证据证明预期已全部转化为可持续利润。",
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"qa": {
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"error_count": 0,
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"info_count": 1,
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"issues": [
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{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
|
"field": "institutions",
|
"issue_id": "QA-CORE-SOURCE-MISSING",
|
"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
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"recalc_scope": "institutions",
|
"severity": "WARNING"
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},
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{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
|
"issue_id": "QA-INSTITUTION-NONE",
|
"message": "估值日没有可用机构盈利预测，已明确记录为空。",
|
"recalc_scope": "机构预期模块",
|
"severity": "INFO"
|
}
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],
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"status": "PASS_WITH_WARNINGS",
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"warning_count": 1
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},
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"share_status": "MATCH_REPORT",
|
"formal_path": "ana-data/result/股票估值/20260817_industry_gap_605033_valuation/美邦股份价格合理性评估_20260817.md",
|
"snapshot_path": "ana-data/result/股票估值/20260817_industry_gap_605033_valuation/美邦股份估值快照_20260817.json",
|
"run_status": "REUSED",
|
"valuation_method": "周期化PE+业务适配交叉验证"
|
},
|
{
|
"ticker": "301035.SZ",
|
"company": "润丰股份",
|
"research_name": "润丰股份",
|
"industries": [
|
"农业-农药"
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],
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"research_layers": [
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"T1_PRIMARY"
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],
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"price": 52.35,
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"price_date": "2026-08-17",
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"normalized_profit": 983591350.0699998,
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"normalized_pe": 19.400181461276567,
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"pb": 2.482311425965602,
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"forward_pe": null,
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"base_low": 46.08986911042322,
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"base_high": 98.76400523662119,
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"optimistic_high": 151.43814136281915,
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"label": "基本合理",
|
"bubble_status": "未识别估值泡沫",
|
"bubble_primary_cause": "当前价未超过基准合理区间上沿",
|
"bubble_reason": "当前价未超过基准上沿；全球登记驱动的农药制剂销售和服务的经营风险仍可能令合理区间下修。",
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"qa": {
|
"error_count": 0,
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"info_count": 1,
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"issues": [
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{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
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"field": "institutions",
|
"issue_id": "QA-CORE-SOURCE-MISSING",
|
"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
|
"recalc_scope": "institutions",
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"severity": "WARNING"
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},
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{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
|
"issue_id": "QA-INSTITUTION-NONE",
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"message": "估值日没有可用机构盈利预测，已明确记录为空。",
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"recalc_scope": "机构预期模块",
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"severity": "INFO"
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}
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],
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"status": "PASS_WITH_WARNINGS",
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"warning_count": 1
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},
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"share_status": "QUOTE_EXACT_HISTORY_DATE_GAP",
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"formal_path": "ana-data/result/股票估值/20260817_industry_gap_301035_valuation/润丰股份价格合理性评估_20260817.md",
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"snapshot_path": "ana-data/result/股票估值/20260817_industry_gap_301035_valuation/润丰股份估值快照_20260817.json",
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"run_status": "REUSED",
|
"valuation_method": "周期化PE+业务适配交叉验证"
|
},
|
{
|
"ticker": "600796.SH",
|
"company": "钱江生化",
|
"research_name": "钱江生化",
|
"industries": [
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"农业-农药"
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],
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"T1_PRIMARY"
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],
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"price": 5.17,
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|
"normalized_profit": 118041802.63999999,
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"normalized_pe": 37.95476102549632,
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"pb": 1.2887359915062533,
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"forward_pe": null,
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"base_low": 2.0771169694010414,
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"base_high": 4.569657332682291,
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"optimistic_high": 7.616095554470485,
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"label": "偏贵",
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"bubble_status": "泡沫-轻",
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"bubble_primary_cause": "生物农药主题与环保资产重估预期",
|
"bubble_reason": "当前价高于基准上沿13.1%；市场可能提前交易生物农药主题与环保资产重估预期，且乐观利润与估值倍数被提前定价。尚无证据证明预期已全部转化为可持续利润。",
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"qa": {
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"error_count": 0,
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"info_count": 1,
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"issues": [
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{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
|
"field": "institutions",
|
"issue_id": "QA-CORE-SOURCE-MISSING",
|
"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
|
"recalc_scope": "institutions",
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"severity": "WARNING"
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},
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{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
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"issue_id": "QA-INSTITUTION-NONE",
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"message": "估值日没有可用机构盈利预测，已明确记录为空。",
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"recalc_scope": "机构预期模块",
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"severity": "INFO"
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}
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],
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"status": "PASS_WITH_WARNINGS",
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"warning_count": 1
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},
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"share_status": "MATCH_REPORT",
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"formal_path": "ana-data/result/股票估值/20260817_industry_gap_600796_valuation/钱江生化价格合理性评估_20260817.md",
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"snapshot_path": "ana-data/result/股票估值/20260817_industry_gap_600796_valuation/钱江生化估值快照_20260817.json",
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"run_status": "REUSED",
|
"valuation_method": "周期化PE+业务适配交叉验证"
|
},
|
{
|
"ticker": "603970.SH",
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"company": "中农立华",
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"research_name": "中农立华",
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"industries": [
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"农业-农药"
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],
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"T1_PRIMARY"
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],
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"price": 10.61,
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"normalized_profit": 150159806.41,
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"normalized_pe": 18.99289490260072,
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"pb": 1.753113593440214,
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"base_low": 4.836307112852853,
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"base_high": 9.374995326453222,
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"optimistic_high": 14.546123700965119,
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"label": "偏贵",
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"bubble_status": "泡沫-轻",
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"bubble_primary_cause": "渠道规模与农资景气改善预期",
|
"bubble_reason": "当前价高于基准上沿13.2%；市场可能提前交易渠道规模与农资景气改善预期，且乐观利润与估值倍数被提前定价。尚无证据证明预期已全部转化为可持续利润。",
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"qa": {
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"error_count": 0,
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"info_count": 1,
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"issues": [
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{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
|
"field": "institutions",
|
"issue_id": "QA-CORE-SOURCE-MISSING",
|
"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
|
"recalc_scope": "institutions",
|
"severity": "WARNING"
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},
|
{
|
"action": "拆解营运资本、资本开支与回款持续性。",
|
"field": "metrics.annual_fcf",
|
"issue_id": "QA-NEGATIVE-FCF",
|
"message": "最近完整年度简化自由现金流为负。",
|
"recalc_scope": "DCF 与现金流交叉验证",
|
"severity": "WARNING"
|
},
|
{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
|
"issue_id": "QA-INSTITUTION-NONE",
|
"message": "估值日没有可用机构盈利预测，已明确记录为空。",
|
"recalc_scope": "机构预期模块",
|
"severity": "INFO"
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}
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],
|
"status": "PASS_WITH_WARNINGS",
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"warning_count": 2
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},
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"share_status": "MATCH_REPORT",
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"formal_path": "ana-data/result/股票估值/20260817_industry_gap_603970_valuation/中农立华价格合理性评估_20260817.md",
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"snapshot_path": "ana-data/result/股票估值/20260817_industry_gap_603970_valuation/中农立华估值快照_20260817.json",
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"run_status": "REUSED",
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"valuation_method": "周期化PE+业务适配交叉验证"
|
},
|
{
|
"ticker": "603599.SH",
|
"company": "广信股份",
|
"research_name": "广信股份",
|
"industries": [
|
"农业-农药"
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],
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"research_layers": [
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"T2_CANDIDATE"
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],
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"price": 10.18,
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"normalized_profit": 515388915.15,
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"normalized_pe": 17.979707478580604,
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"pb": 0.9065916989961584,
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"base_low": 8.568892320547167,
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"base_high": 18.675790955038696,
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"optimistic_high": 28.56297440182389,
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"label": "基本合理",
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"bubble_status": "未识别估值泡沫",
|
"bubble_primary_cause": "当前价未超过基准合理区间上沿",
|
"bubble_reason": "当前价未超过基准上沿；农药原药及农药中间体的经营风险仍可能令合理区间下修。",
|
"qa": {
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"error_count": 0,
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"info_count": 1,
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"issues": [
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{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
|
"field": "institutions",
|
"issue_id": "QA-CORE-SOURCE-MISSING",
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"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
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"recalc_scope": "institutions",
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"severity": "WARNING"
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},
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{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
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"issue_id": "QA-INSTITUTION-NONE",
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"message": "估值日没有可用机构盈利预测，已明确记录为空。",
|
"recalc_scope": "机构预期模块",
|
"severity": "INFO"
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}
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],
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"status": "PASS_WITH_WARNINGS",
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},
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"formal_path": "ana-data/result/股票估值/20260817_industry_gap_603599_valuation/广信股份价格合理性评估_20260817.md",
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"snapshot_path": "ana-data/result/股票估值/20260817_industry_gap_603599_valuation/广信股份估值快照_20260817.json",
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"run_status": "REUSED",
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"valuation_method": "周期化PE+业务适配交叉验证"
|
},
|
{
|
"ticker": "600486.SH",
|
"company": "扬农化工",
|
"research_name": "扬农化工",
|
"industries": [
|
"农业-农药"
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],
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"T2_CANDIDATE"
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],
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"price": 54.33,
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"normalized_profit": 1244767023.7800002,
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"normalized_pe": 17.638161336301913,
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"pb": 1.8501333456369966,
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"forward_pe": null,
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"base_low": 53.450536766869774,
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"base_high": 99.60111596604206,
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"optimistic_high": 140.30765901303317,
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"label": "基本合理",
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"bubble_status": "未识别估值泡沫",
|
"bubble_primary_cause": "当前价未超过基准合理区间上沿",
|
"bubble_reason": "当前价未超过基准上沿；原药、制剂及中间体一体化的经营风险仍可能令合理区间下修。",
|
"qa": {
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"error_count": 0,
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"info_count": 1,
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"issues": [
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{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
|
"field": "institutions",
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"issue_id": "QA-CORE-SOURCE-MISSING",
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"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
|
"recalc_scope": "institutions",
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"severity": "WARNING"
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},
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{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
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"issue_id": "QA-INSTITUTION-NONE",
|
"message": "估值日没有可用机构盈利预测，已明确记录为空。",
|
"recalc_scope": "机构预期模块",
|
"severity": "INFO"
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}
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],
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"status": "PASS_WITH_WARNINGS",
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"warning_count": 1
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},
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"share_status": "QUOTE_EXACT_HISTORY_DATE_GAP",
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"formal_path": "ana-data/result/股票估值/20260817_industry_gap_600486_valuation/扬农化工价格合理性评估_20260817.md",
|
"snapshot_path": "ana-data/result/股票估值/20260817_industry_gap_600486_valuation/扬农化工估值快照_20260817.json",
|
"run_status": "REUSED",
|
"valuation_method": "周期化PE+业务适配交叉验证"
|
},
|
{
|
"ticker": "603639.SH",
|
"company": "海利尔",
|
"research_name": "海利尔",
|
"industries": [
|
"农业-农药"
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],
|
"research_layers": [
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],
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"price": 10.56,
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"normalized_profit": 130097980.99000001,
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"normalized_pe": 28.38080456024762,
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"pb": 1.0509812582670846,
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"consensus_count": 0,
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"consensus_2026": null,
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"forward_pe": null,
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"base_low": 7.064242703629713,
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"base_high": 15.444093360162126,
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"optimistic_high": 25.168152142486427,
|
"label": "基本合理",
|
"bubble_status": "未识别估值泡沫",
|
"bubble_primary_cause": "当前价未超过基准合理区间上沿",
|
"bubble_reason": "当前价未超过基准上沿；农药原药、制剂及中间体的经营风险仍可能令合理区间下修。",
|
"qa": {
|
"error_count": 0,
|
"info_count": 1,
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"issues": [
|
{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
|
"field": "institutions",
|
"issue_id": "QA-CORE-SOURCE-MISSING",
|
"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
|
"recalc_scope": "institutions",
|
"severity": "WARNING"
|
},
|
{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
|
"issue_id": "QA-INSTITUTION-NONE",
|
"message": "估值日没有可用机构盈利预测，已明确记录为空。",
|
"recalc_scope": "机构预期模块",
|
"severity": "INFO"
|
}
|
],
|
"status": "PASS_WITH_WARNINGS",
|
"warning_count": 1
|
},
|
"share_status": "MATCH_REPORT",
|
"formal_path": "ana-data/result/股票估值/20260817_industry_gap_603639_valuation/海利尔价格合理性评估_20260817.md",
|
"snapshot_path": "ana-data/result/股票估值/20260817_industry_gap_603639_valuation/海利尔估值快照_20260817.json",
|
"run_status": "REUSED",
|
"valuation_method": "周期化PE+业务适配交叉验证"
|
},
|
{
|
"ticker": "000893.SZ",
|
"company": "亚钾国际",
|
"research_name": "亚钾国际",
|
"industries": [
|
"农业-化肥"
|
],
|
"research_layers": [
|
"T1_PRIMARY"
|
],
|
"price": 46.25,
|
"price_date": "2026-08-17",
|
"normalized_profit": 2001452730.9999998,
|
"normalized_pe": 21.353173490835744,
|
"pb": 3.0759040621807343,
|
"consensus_count": 0,
|
"consensus_2026": null,
|
"forward_pe": null,
|
"base_low": 28.56984588235803,
|
"base_high": 64.28215323530557,
|
"optimistic_high": 107.13692205884261,
|
"label": "基本合理",
|
"bubble_status": "未识别估值泡沫",
|
"bubble_primary_cause": "当前价未超过基准合理区间上沿",
|
"bubble_reason": "当前价未超过基准上沿；老挝钾盐资源与氯化钾的经营风险仍可能令合理区间下修。",
|
"qa": {
|
"error_count": 0,
|
"info_count": 1,
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"issues": [
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{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
|
"field": "institutions",
|
"issue_id": "QA-CORE-SOURCE-MISSING",
|
"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
|
"recalc_scope": "institutions",
|
"severity": "WARNING"
|
},
|
{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
|
"issue_id": "QA-INSTITUTION-NONE",
|
"message": "估值日没有可用机构盈利预测，已明确记录为空。",
|
"recalc_scope": "机构预期模块",
|
"severity": "INFO"
|
}
|
],
|
"status": "PASS_WITH_WARNINGS",
|
"warning_count": 1
|
},
|
"share_status": "MATCH_REPORT",
|
"formal_path": "ana-data/result/股票估值/20260817_industry_gap_000893_valuation/亚钾国际价格合理性评估_20260817.md",
|
"snapshot_path": "ana-data/result/股票估值/20260817_industry_gap_000893_valuation/亚钾国际估值快照_20260817.json",
|
"run_status": "REUSED",
|
"valuation_method": "周期化PE+业务适配交叉验证"
|
},
|
{
|
"ticker": "002170.SZ",
|
"company": "芭田股份",
|
"research_name": "芭田股份",
|
"industries": [
|
"农业-化肥"
|
],
|
"research_layers": [
|
"T1_PRIMARY"
|
],
|
"price": 11.31,
|
"price_date": "2026-08-17",
|
"normalized_profit": 1009909039.3900001,
|
"normalized_pe": 10.867494668429913,
|
"pb": 2.710541501395716,
|
"consensus_count": 0,
|
"consensus_2026": null,
|
"forward_pe": null,
|
"base_low": 11.335576046825995,
|
"base_high": 22.258949328312863,
|
"optimistic_high": 35.0372350538258,
|
"label": "偏低",
|
"bubble_status": "未识别估值泡沫",
|
"bubble_primary_cause": "当前价未超过基准合理区间上沿",
|
"bubble_reason": "当前价未超过基准上沿；磷矿资源与复合肥一体化的经营风险仍可能令合理区间下修。",
|
"qa": {
|
"error_count": 0,
|
"info_count": 1,
|
"issues": [
|
{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
|
"field": "institutions",
|
"issue_id": "QA-CORE-SOURCE-MISSING",
|
"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
|
"recalc_scope": "institutions",
|
"severity": "WARNING"
|
},
|
{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
|
"issue_id": "QA-INSTITUTION-NONE",
|
"message": "估值日没有可用机构盈利预测，已明确记录为空。",
|
"recalc_scope": "机构预期模块",
|
"severity": "INFO"
|
}
|
],
|
"status": "PASS_WITH_WARNINGS",
|
"warning_count": 1
|
},
|
"share_status": "QUOTE_EXACT_HISTORY_DATE_GAP",
|
"formal_path": "ana-data/result/股票估值/20260817_industry_gap_002170_valuation/芭田股份价格合理性评估_20260817.md",
|
"snapshot_path": "ana-data/result/股票估值/20260817_industry_gap_002170_valuation/芭田股份估值快照_20260817.json",
|
"run_status": "GENERATED",
|
"valuation_method": "周期化PE+业务适配交叉验证"
|
},
|
{
|
"ticker": "600470.SH",
|
"company": "六国化工",
|
"research_name": "六国化工",
|
"industries": [
|
"农业-化肥"
|
],
|
"research_layers": [
|
"T1_PRIMARY"
|
],
|
"price": 5.6,
|
"price_date": "2026-08-17",
|
"normalized_profit": -486005522.1400001,
|
"normalized_pe": null,
|
"pb": 1.9168079468238872,
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"consensus_count": 0,
|
"consensus_2026": null,
|
"forward_pe": null,
|
"base_low": 2.1911428356499236,
|
"base_high": 3.359752347996549,
|
"optimistic_high": 4.674438049386503,
|
"label": "明显偏贵",
|
"bubble_status": "泡沫-极端",
|
"bubble_primary_cause": "周期反转、国企资源整合或扭亏预期",
|
"bubble_reason": "当前价高于基准上沿66.7%；市场可能提前交易周期反转、国企资源整合或扭亏预期，且乐观利润与估值倍数被提前定价。尚无证据证明预期已全部转化为可持续利润。",
|
"qa": {
|
"error_count": 0,
|
"info_count": 1,
|
"issues": [
|
{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
|
"field": "institutions",
|
"issue_id": "QA-CORE-SOURCE-MISSING",
|
"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
|
"recalc_scope": "institutions",
|
"severity": "WARNING"
|
},
|
{
|
"action": "使用正常化情景、PB 或反向估值。",
|
"field": "metrics.ttm_attributable_profit",
|
"issue_id": "QA-NEGATIVE-TTM-PROFIT",
|
"message": "TTM 归母利润不为正，报告 PE 不适用。",
|
"recalc_scope": "PE 模块",
|
"severity": "WARNING"
|
},
|
{
|
"action": "检查主营盈利恢复条件。",
|
"field": "metrics.ttm_deduct_profit",
|
"issue_id": "QA-NEGATIVE-TTM-DEDUCT",
|
"message": "TTM 扣非利润不为正，扣非 PE 不适用。",
|
"recalc_scope": "扣非 PE 模块",
|
"severity": "WARNING"
|
},
|
{
|
"action": "拆解营运资本、资本开支与回款持续性。",
|
"field": "metrics.annual_fcf",
|
"issue_id": "QA-NEGATIVE-FCF",
|
"message": "最近完整年度简化自由现金流为负。",
|
"recalc_scope": "DCF 与现金流交叉验证",
|
"severity": "WARNING"
|
},
|
{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
|
"issue_id": "QA-INSTITUTION-NONE",
|
"message": "估值日没有可用机构盈利预测，已明确记录为空。",
|
"recalc_scope": "机构预期模块",
|
"severity": "INFO"
|
}
|
],
|
"status": "PASS_WITH_WARNINGS",
|
"warning_count": 4
|
},
|
"share_status": "MATCH_REPORT",
|
"formal_path": "ana-data/result/股票估值/20260817_industry_gap_600470_valuation/六国化工价格合理性评估_20260817.md",
|
"snapshot_path": "ana-data/result/股票估值/20260817_industry_gap_600470_valuation/六国化工估值快照_20260817.json",
|
"run_status": "REUSED",
|
"valuation_method": "PB/周期扭亏"
|
},
|
{
|
"ticker": "000902.SZ",
|
"company": "新洋丰",
|
"research_name": "新洋丰",
|
"industries": [
|
"农业-化肥"
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],
|
"research_layers": [
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"T1_PRIMARY"
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],
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"price": 13.26,
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"price_date": "2026-08-17",
|
"normalized_profit": 1515529054.1399999,
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"normalized_pe": 10.978195318427101,
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"pb": 1.3442915959514916,
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"consensus_count": 0,
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"consensus_2026": null,
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"forward_pe": null,
|
"base_low": 13.150196680916657,
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"base_high": 24.228241157567663,
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"optimistic_high": 36.661154383161595,
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"label": "基本合理",
|
"bubble_status": "未识别估值泡沫",
|
"bubble_primary_cause": "当前价未超过基准合理区间上沿",
|
"bubble_reason": "当前价未超过基准上沿；磷肥及常规、新型复合肥的经营风险仍可能令合理区间下修。",
|
"qa": {
|
"error_count": 0,
|
"info_count": 1,
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"issues": [
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{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
|
"field": "institutions",
|
"issue_id": "QA-CORE-SOURCE-MISSING",
|
"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
|
"recalc_scope": "institutions",
|
"severity": "WARNING"
|
},
|
{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
|
"issue_id": "QA-INSTITUTION-NONE",
|
"message": "估值日没有可用机构盈利预测，已明确记录为空。",
|
"recalc_scope": "机构预期模块",
|
"severity": "INFO"
|
}
|
],
|
"status": "PASS_WITH_WARNINGS",
|
"warning_count": 1
|
},
|
"share_status": "QUOTE_EXACT_HISTORY_DATE_GAP",
|
"formal_path": "ana-data/result/股票估值/20260817_industry_gap_000902_valuation/新洋丰价格合理性评估_20260817.md",
|
"snapshot_path": "ana-data/result/股票估值/20260817_industry_gap_000902_valuation/新洋丰估值快照_20260817.json",
|
"run_status": "REUSED",
|
"valuation_method": "周期化PE+业务适配交叉验证"
|
},
|
{
|
"ticker": "000792.SZ",
|
"company": "盐湖股份",
|
"research_name": "盐湖股份",
|
"industries": [
|
"农业-化肥"
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],
|
"research_layers": [
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"T1_PRIMARY"
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],
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"price": 28.04,
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"price_date": "2026-08-17",
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"normalized_profit": 10107307352.96,
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"normalized_pe": 14.680041762674515,
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"pb": 3.319742478141807,
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"consensus_count": 0,
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"consensus_2026": null,
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"forward_pe": null,
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"base_low": 21.54369029559903,
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"base_high": 38.55186684475616,
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"optimistic_high": 59.52861792204995,
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"label": "基本合理",
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"bubble_status": "未识别估值泡沫",
|
"bubble_primary_cause": "当前价未超过基准合理区间上沿",
|
"bubble_reason": "当前价未超过基准上沿；盐湖资源、钾肥与锂业务组合的经营风险仍可能令合理区间下修。",
|
"qa": {
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"error_count": 0,
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"info_count": 1,
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"issues": [
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{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
|
"field": "institutions",
|
"issue_id": "QA-CORE-SOURCE-MISSING",
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"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
|
"recalc_scope": "institutions",
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"severity": "WARNING"
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},
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{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
|
"issue_id": "QA-INSTITUTION-NONE",
|
"message": "估值日没有可用机构盈利预测，已明确记录为空。",
|
"recalc_scope": "机构预期模块",
|
"severity": "INFO"
|
}
|
],
|
"status": "PASS_WITH_WARNINGS",
|
"warning_count": 1
|
},
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"share_status": "MATCH_REPORT",
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"formal_path": "ana-data/result/股票估值/20260817_industry_gap_000792_valuation/盐湖股份价格合理性评估_20260817.md",
|
"snapshot_path": "ana-data/result/股票估值/20260817_industry_gap_000792_valuation/盐湖股份估值快照_20260817.json",
|
"run_status": "REUSED",
|
"valuation_method": "周期化PE+业务适配交叉验证"
|
},
|
{
|
"ticker": "002588.SZ",
|
"company": "史丹利",
|
"research_name": "史丹利",
|
"industries": [
|
"农业-化肥"
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],
|
"research_layers": [
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"T1_PRIMARY"
|
],
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"price": 8.6,
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"price_date": "2026-08-17",
|
"normalized_profit": 984208220.33,
|
"normalized_pe": 10.065218744747405,
|
"pb": 1.2537384013382655,
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"consensus_count": 0,
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"consensus_2026": null,
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"forward_pe": null,
|
"base_low": 8.247301105438723,
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"base_high": 15.192396773176595,
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"optimistic_high": 23.43969787861532,
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"label": "基本合理",
|
"bubble_status": "未识别估值泡沫",
|
"bubble_primary_cause": "当前价未超过基准合理区间上沿",
|
"bubble_reason": "当前价未超过基准上沿；复合肥及新型肥料的经营风险仍可能令合理区间下修。",
|
"qa": {
|
"error_count": 0,
|
"info_count": 1,
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"issues": [
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{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
|
"field": "institutions",
|
"issue_id": "QA-CORE-SOURCE-MISSING",
|
"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
|
"recalc_scope": "institutions",
|
"severity": "WARNING"
|
},
|
{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
|
"issue_id": "QA-INSTITUTION-NONE",
|
"message": "估值日没有可用机构盈利预测，已明确记录为空。",
|
"recalc_scope": "机构预期模块",
|
"severity": "INFO"
|
}
|
],
|
"status": "PASS_WITH_WARNINGS",
|
"warning_count": 1
|
},
|
"share_status": "MATCH_REPORT",
|
"formal_path": "ana-data/result/股票估值/20260817_industry_gap_002588_valuation/史丹利价格合理性评估_20260817.md",
|
"snapshot_path": "ana-data/result/股票估值/20260817_industry_gap_002588_valuation/史丹利估值快照_20260817.json",
|
"run_status": "REUSED",
|
"valuation_method": "周期化PE+业务适配交叉验证"
|
},
|
{
|
"ticker": "002999.SZ",
|
"company": "天禾股份",
|
"research_name": "天禾股份",
|
"industries": [
|
"农业-化肥"
|
],
|
"research_layers": [
|
"T1_PRIMARY"
|
],
|
"price": 5.95,
|
"price_date": "2026-08-17",
|
"normalized_profit": 39253010.18,
|
"normalized_pe": 52.68824965311234,
|
"pb": 1.6793045938093918,
|
"consensus_count": 0,
|
"consensus_2026": null,
|
"forward_pe": null,
|
"base_low": 1.424083408133674,
|
"base_high": 3.2221685194135654,
|
"optimistic_high": 5.753872356095652,
|
"label": "明显偏贵",
|
"bubble_status": "泡沫-极端",
|
"bubble_primary_cause": "农资流通景气与小市值弹性预期",
|
"bubble_reason": "当前价高于基准上沿84.7%；市场可能提前交易农资流通景气与小市值弹性预期，且乐观利润与估值倍数被提前定价。尚无证据证明预期已全部转化为可持续利润。",
|
"qa": {
|
"error_count": 0,
|
"info_count": 1,
|
"issues": [
|
{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
|
"field": "institutions",
|
"issue_id": "QA-CORE-SOURCE-MISSING",
|
"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
|
"recalc_scope": "institutions",
|
"severity": "WARNING"
|
},
|
{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
|
"issue_id": "QA-INSTITUTION-NONE",
|
"message": "估值日没有可用机构盈利预测，已明确记录为空。",
|
"recalc_scope": "机构预期模块",
|
"severity": "INFO"
|
}
|
],
|
"status": "PASS_WITH_WARNINGS",
|
"warning_count": 1
|
},
|
"share_status": "MATCH_REPORT",
|
"formal_path": "ana-data/result/股票估值/20260817_industry_gap_002999_valuation/天禾股份价格合理性评估_20260817.md",
|
"snapshot_path": "ana-data/result/股票估值/20260817_industry_gap_002999_valuation/天禾股份估值快照_20260817.json",
|
"run_status": "REUSED",
|
"valuation_method": "周期化PE+业务适配交叉验证"
|
},
|
{
|
"ticker": "300387.SZ",
|
"company": "富邦科技",
|
"research_name": "富邦科技",
|
"industries": [
|
"农业-化肥"
|
],
|
"research_layers": [
|
"T2_CANDIDATE"
|
],
|
"price": 7.49,
|
"price_date": "2026-08-17",
|
"normalized_profit": 105285482.89999999,
|
"normalized_pe": 20.563490855395035,
|
"pb": 1.4885691319173828,
|
"consensus_count": 0,
|
"consensus_2026": null,
|
"forward_pe": null,
|
"base_low": 3.874668076732183,
|
"base_high": 7.956907657575019,
|
"optimistic_high": 12.97321900691579,
|
"label": "基本合理",
|
"bubble_status": "未识别估值泡沫",
|
"bubble_primary_cause": "当前价未超过基准合理区间上沿",
|
"bubble_reason": "当前价未超过基准上沿；化肥助剂、肥料产品、智能设备与技术服务的经营风险仍可能令合理区间下修。",
|
"qa": {
|
"error_count": 0,
|
"info_count": 1,
|
"issues": [
|
{
|
"action": "补充法定披露、行情接口或机构预测汇总页来源。",
|
"field": "institutions",
|
"issue_id": "QA-CORE-SOURCE-MISSING",
|
"message": "核心字段没有由注册表中允许承载核心数字的来源支持。",
|
"recalc_scope": "institutions",
|
"severity": "WARNING"
|
},
|
{
|
"action": "不得以公司业绩预告或自有情景冒充机构预期。",
|
"field": "institutions",
|
"issue_id": "QA-INSTITUTION-NONE",
|
"message": "估值日没有可用机构盈利预测，已明确记录为空。",
|
"recalc_scope": "机构预期模块",
|
"severity": "INFO"
|
}
|
],
|
"status": "PASS_WITH_WARNINGS",
|
"warning_count": 1
|
},
|
"share_status": "MATCH_REPORT",
|
"formal_path": "ana-data/result/股票估值/20260817_industry_gap_300387_valuation/富邦科技价格合理性评估_20260817.md",
|
"snapshot_path": "ana-data/result/股票估值/20260817_industry_gap_300387_valuation/富邦科技估值快照_20260817.json",
|
"run_status": "REUSED",
|
"valuation_method": "周期化PE+业务适配交叉验证"
|
}
|
]
|
}
|
