{
|
"conclusion": {
|
"base_midpoint": "14.85250000006263511558628131",
|
"price_label": "当前价格处于基准合理区间",
|
"price_position": "WITHIN_BASE_RANGE",
|
"safety_margin_to_base_midpoint": "0.2580373674496867810301626282"
|
},
|
"engine_version": "1.0.0",
|
"holding_period": {
|
"cumulative_dividend_per_share": "0",
|
"required_exit_price": "17.7478202",
|
"required_profit_by_exit_pe": [
|
{
|
"exit_pe": "20",
|
"required_profit": "814638603.24025289"
|
},
|
{
|
"exit_pe": "25",
|
"required_profit": "651710882.592202312"
|
},
|
{
|
"exit_pe": "30",
|
"required_profit": "543092402.1601685933333333333"
|
},
|
{
|
"exit_pe": "35",
|
"required_profit": "465507773.2801445085714285714"
|
},
|
{
|
"exit_pe": "40",
|
"required_profit": "407319301.620126445"
|
},
|
{
|
"exit_pe": "50",
|
"required_profit": "325855441.296101156"
|
},
|
{
|
"exit_pe": "60",
|
"required_profit": "271546201.0800842966666666667"
|
},
|
{
|
"exit_pe": "75",
|
"required_profit": "217236960.8640674373333333333"
|
},
|
{
|
"exit_pe": "100",
|
"required_profit": "162927720.648050578"
|
}
|
],
|
"required_return": "0.1",
|
"years": 5
|
},
|
"institutions": {
|
"coverage_status": "available",
|
"detail": [
|
{
|
"core_assumption": "汇总接口未提供逐家报告日期；估值日仅作为C1汇总快照日期，不替代单家研报。",
|
"estimates": {
|
"2026": {
|
"eps": "0.65",
|
"profit": "596710002.85"
|
},
|
"2027": {
|
"eps": "0.78",
|
"profit": "716052003.4200001"
|
},
|
"2028": {
|
"eps": "0.893333333333",
|
"profit": "820093747.5063607"
|
}
|
},
|
"included": true,
|
"institution": "东方财富公开一致预期汇总（覆盖池6家）",
|
"report_date": "2026-08-04",
|
"source_id": "SRC-EM-CONSENSUS-20260804",
|
"statuses": [
|
"CURRENT"
|
]
|
}
|
],
|
"summary": {
|
"2026": {
|
"eps_mean": "0.65",
|
"eps_profit_reconciliation_gap": "0.0",
|
"institution_count": 1,
|
"pe_on_mean": "16.95384615384615384615384615",
|
"profit_max": "596710002.85",
|
"profit_mean": "596710002.85",
|
"profit_median": "596710002.85",
|
"profit_min": "596710002.85"
|
},
|
"2027": {
|
"eps_mean": "0.78",
|
"eps_profit_reconciliation_gap": "0.0000000000000001396546612849081413642417423",
|
"institution_count": 1,
|
"pe_on_mean": "14.12820512820512623205850339",
|
"profit_max": "716052003.4200001",
|
"profit_mean": "716052003.4200001",
|
"profit_median": "716052003.4200001",
|
"profit_min": "716052003.4200001"
|
},
|
"2028": {
|
"eps_mean": "0.893333333333",
|
"eps_profit_reconciliation_gap": "0.00000000000000004690073557682096398523818144",
|
"institution_count": 1,
|
"pe_on_mean": "12.33582089552699039938701822",
|
"profit_max": "820093747.5063607",
|
"profit_mean": "820093747.5063607",
|
"profit_median": "820093747.5063607",
|
"profit_min": "820093747.5063607"
|
}
|
}
|
},
|
"meta": {
|
"as_of_date": "2026-08-04",
|
"code": "000700.SZ",
|
"company": "模塑科技",
|
"currency": "CNY",
|
"latest_operating_info_date": "2026-04-30",
|
"market": "深圳证券交易所",
|
"report_period_end": "2026-03-31"
|
},
|
"metrics": {
|
"annual_cash_conversion": "1.751208891432720663421589470",
|
"annual_fcf": "571990045.17",
|
"book_value_per_share": "4.318635261233077215876606618",
|
"current_fcf": "136758046.65",
|
"deduct_pe": "22.71827876114189147948399620",
|
"diluted_shares": "918015389.0",
|
"enterprise_value": "10131692455.430",
|
"market_cap": "10116529586.780",
|
"normalized_eps": "0.4850719597141742141318286768",
|
"normalized_pe": "22.71827876114189301000941633",
|
"normalized_profit": "445303523.78999997",
|
"pb": "2.551732048066850950155632290",
|
"price": "11.02",
|
"ps": "1.463485406633020081650594735",
|
"reported_pe": "20.34778705726400760433861969",
|
"ttm_attributable_profit": "497180826.51",
|
"ttm_deduct_profit": "445303523.79",
|
"ttm_eps": "0.5415822354041169564751163447",
|
"ttm_revenue": "6912627581.34"
|
},
|
"normalization_adjustments": [
|
{
|
"amount": "-51877302.72000003",
|
"basis": "2025年报加2026年最新累计期减上年同期比较数",
|
"description": "以TTM扣非归母利润替代TTM归母利润作为核心盈利代理"
|
}
|
],
|
"qa": {
|
"error_count": 0,
|
"info_count": 0,
|
"issues": [],
|
"status": "PASS",
|
"warning_count": 0
|
},
|
"reverse_pe": [
|
{
|
"implied_eps": "0.551",
|
"implied_margin": "0.07317427033165100408252973676",
|
"implied_profit": "505826479.339",
|
"pe": "20"
|
},
|
{
|
"implied_eps": "0.4408",
|
"implied_margin": "0.05853941626532080326602378941",
|
"implied_profit": "404661183.4712",
|
"pe": "25"
|
},
|
{
|
"implied_eps": "0.3673333333333333333333333333",
|
"implied_margin": "0.04878284688776733605501982451",
|
"implied_profit": "337217652.8926666666666666667",
|
"pe": "30"
|
},
|
{
|
"implied_eps": "0.3148571428571428571428571429",
|
"implied_margin": "0.04181386876094343090430270673",
|
"implied_profit": "289043702.4794285714285714286",
|
"pe": "35"
|
},
|
{
|
"implied_eps": "0.2755",
|
"implied_margin": "0.03658713516582550204126486838",
|
"implied_profit": "252913239.6695",
|
"pe": "40"
|
},
|
{
|
"implied_eps": "0.2204",
|
"implied_margin": "0.02926970813266040163301189471",
|
"implied_profit": "202330591.7356",
|
"pe": "50"
|
},
|
{
|
"implied_eps": "0.1836666666666666666666666667",
|
"implied_margin": "0.02439142344388366802750991225",
|
"implied_profit": "168608826.4463333333333333333",
|
"pe": "60"
|
},
|
{
|
"implied_eps": "0.1469333333333333333333333333",
|
"implied_margin": "0.01951313875510693442200792981",
|
"implied_profit": "134887061.1570666666666666667",
|
"pe": "75"
|
},
|
{
|
"implied_eps": "0.1102",
|
"implied_margin": "0.01463485406633020081650594735",
|
"implied_profit": "101165295.8678",
|
"pe": "100"
|
}
|
],
|
"scenarios": [
|
{
|
"assumption": "需求、验收或价格低于预期，利润下修且估值回归低位。",
|
"cagr_high": "-0.0750955025245954",
|
"cagr_low": "-0.20452762090883092",
|
"equity_value_high": "6847247282.76",
|
"equity_value_low": "3222234015.36",
|
"method": "pe",
|
"name": "悲观",
|
"price_high": "7.458750000061273482638753456",
|
"price_low": "3.509999999967320809259331490",
|
"role": "pessimistic",
|
"upside_to_high": "-0.3231624319363635678186249132",
|
"upside_to_low": "-0.6814882032697531026080461443"
|
},
|
{
|
"assumption": "以TTM归一化利润与6家机构覆盖池预期为锚，按行业成长和周期属性定价。",
|
"cagr_high": "0.13688759238953674",
|
"cagr_low": "-0.044538688913410396",
|
"equity_value_high": "19214062091.84",
|
"equity_value_low": "8055585038.52",
|
"method": "pe",
|
"name": "基准",
|
"price_high": "20.93000000007625144506155986",
|
"price_low": "8.775000000049018786111002764",
|
"role": "base",
|
"upside_to_high": "0.899274047193852218245150623",
|
"upside_to_low": "-0.2037205081625209812966422174"
|
},
|
{
|
"assumption": "订单、产品结构和规模效应超预期，利润与估值中枢同步上移。",
|
"cagr_high": "0.29261218919114396",
|
"cagr_low": "0.1587668536903568",
|
"equity_value_high": "36506717974.42",
|
"equity_value_low": "21135468301.08",
|
"method": "pe",
|
"name": "乐观",
|
"price_high": "39.76700000006209046240727017",
|
"price_low": "23.02300000014487774561696373",
|
"role": "optimistic",
|
"upside_to_high": "2.608620689660806757024253191",
|
"upside_to_low": "1.089201451918772935173953152"
|
}
|
]
|
}
|
