{
|
"conclusion": {
|
"base_midpoint": "14.06499999918070361814462213",
|
"price_label": "当前价格处于基准合理区间",
|
"price_position": "WITHIN_BASE_RANGE",
|
"safety_margin_to_base_midpoint": "-0.09207252050442453357788538794"
|
},
|
"engine_version": "1.0.0",
|
"holding_period": {
|
"cumulative_dividend_per_share": "0",
|
"required_exit_price": "24.7374336",
|
"required_profit_by_exit_pe": [
|
{
|
"exit_pe": "20",
|
"required_profit": "173612683.21224960"
|
},
|
{
|
"exit_pe": "25",
|
"required_profit": "138890146.56979968"
|
},
|
{
|
"exit_pe": "30",
|
"required_profit": "115741788.80816640"
|
},
|
{
|
"exit_pe": "35",
|
"required_profit": "99207247.54985691428571428571"
|
},
|
{
|
"exit_pe": "40",
|
"required_profit": "86806341.60612480"
|
},
|
{
|
"exit_pe": "50",
|
"required_profit": "69445073.28489984"
|
},
|
{
|
"exit_pe": "60",
|
"required_profit": "57870894.40408320"
|
},
|
{
|
"exit_pe": "75",
|
"required_profit": "46296715.52326656"
|
},
|
{
|
"exit_pe": "100",
|
"required_profit": "34722536.64244992"
|
}
|
],
|
"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": "0.58",
|
"profit": "81411320.1"
|
},
|
"2027": {
|
"eps": "0.68",
|
"profit": "95447754.60000001"
|
},
|
"2028": {
|
"eps": "0.76",
|
"profit": "106676902.2"
|
}
|
},
|
"included": true,
|
"institution": "东方财富公开一致预期汇总（覆盖池1家）",
|
"report_date": "2026-08-06",
|
"source_id": "SRC-EM-CONSENSUS-20260806",
|
"statuses": [
|
"CURRENT"
|
]
|
}
|
],
|
"summary": {
|
"2026": {
|
"eps_mean": "0.58",
|
"eps_profit_reconciliation_gap": "0.00",
|
"institution_count": 1,
|
"pe_on_mean": "26.48275862068965517241379310",
|
"profit_max": "81411320.1",
|
"profit_mean": "81411320.1",
|
"profit_median": "81411320.1",
|
"profit_min": "81411320.1"
|
},
|
"2027": {
|
"eps_mean": "0.68",
|
"eps_profit_reconciliation_gap": "0.0000000000000001047693582935265713658434985",
|
"institution_count": 1,
|
"pe_on_mean": "22.58823529411764469226861266",
|
"profit_max": "95447754.60000001",
|
"profit_mean": "95447754.60000001",
|
"profit_median": "95447754.60000001",
|
"profit_min": "95447754.60000001"
|
},
|
"2028": {
|
"eps_mean": "0.76",
|
"eps_profit_reconciliation_gap": "0.00",
|
"institution_count": 1,
|
"pe_on_mean": "20.21052631578947368421052632",
|
"profit_max": "106676902.2",
|
"profit_mean": "106676902.2",
|
"profit_median": "106676902.2",
|
"profit_min": "106676902.2"
|
}
|
}
|
},
|
"meta": {
|
"as_of_date": "2026-08-06",
|
"code": "688026.SH",
|
"company": "洁特生物",
|
"currency": "CNY",
|
"latest_operating_info_date": "2026-04-30",
|
"market": "上海证券交易所",
|
"report_period_end": "2026-03-31"
|
},
|
"metrics": {
|
"annual_cash_conversion": "3.975421415918937413612216804",
|
"annual_fcf": "67709993.24",
|
"book_value_per_share": "8.496078161017315330328367934",
|
"current_fcf": "10048240.41",
|
"deduct_pe": "139.8618795425866289864803206",
|
"diluted_shares": "140364345.0",
|
"enterprise_value": "2095516618.600",
|
"market_cap": "2155996339.200",
|
"normalized_eps": "0.1098226339459640338149976762",
|
"normalized_pe": "139.8618795425865654755109582",
|
"normalized_profit": "15415182.080000007",
|
"pb": "1.807892972368889172697560088",
|
"price": "15.36",
|
"ps": "3.934220686224823400804798188",
|
"reported_pe": "78.25534397168895717362426462",
|
"ttm_attributable_profit": "27550787.33",
|
"ttm_deduct_profit": "15415182.08",
|
"ttm_eps": "0.1962805250150955358356853373",
|
"ttm_revenue": "548011032.21"
|
},
|
"normalization_adjustments": [
|
{
|
"amount": "-12135605.249999993",
|
"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": "0.768",
|
"implied_margin": "0.1967110343112411700402399094",
|
"implied_profit": "107799816.960",
|
"pe": "20"
|
},
|
{
|
"implied_eps": "0.6144",
|
"implied_margin": "0.1573688274489929360321919275",
|
"implied_profit": "86239853.568",
|
"pe": "25"
|
},
|
{
|
"implied_eps": "0.512",
|
"implied_margin": "0.1311406895408274466934932729",
|
"implied_profit": "71866544.640",
|
"pe": "30"
|
},
|
{
|
"implied_eps": "0.4388571428571428571428571429",
|
"implied_margin": "0.1124063053207092400229942340",
|
"implied_profit": "61599895.40571428571428571429",
|
"pe": "35"
|
},
|
{
|
"implied_eps": "0.384",
|
"implied_margin": "0.09835551715562058502011995471",
|
"implied_profit": "53899908.480",
|
"pe": "40"
|
},
|
{
|
"implied_eps": "0.3072",
|
"implied_margin": "0.07868441372449646801609596377",
|
"implied_profit": "43119926.784",
|
"pe": "50"
|
},
|
{
|
"implied_eps": "0.256",
|
"implied_margin": "0.06557034477041372334674663647",
|
"implied_profit": "35933272.320",
|
"pe": "60"
|
},
|
{
|
"implied_eps": "0.2048",
|
"implied_margin": "0.05245627581633097867739730918",
|
"implied_profit": "28746617.856",
|
"pe": "75"
|
},
|
{
|
"implied_eps": "0.1536",
|
"implied_margin": "0.03934220686224823400804798188",
|
"implied_profit": "21559963.392",
|
"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": "-0.15402428838024862",
|
"cagr_low": "-0.27241102859150246",
|
"equity_value_high": "934194898.08",
|
"equity_value_low": "439621128.48",
|
"method": "pe",
|
"name": "悲观",
|
"price_high": "6.655499999519108645432712987",
|
"price_low": "3.131999999572541018162411544",
|
"role": "pessimistic",
|
"upside_to_high": "-0.5666992187813080308963077482",
|
"upside_to_low": "-0.7960937500278293607967179984"
|
},
|
{
|
"assumption": "以TTM归一化利润与1家机构覆盖池预期为锚，按行业成长和周期属性定价。",
|
"cagr_high": "0.0573553435960219",
|
"cagr_low": "-0.12607510853629478",
|
"equity_value_high": "2849396203.36",
|
"equity_value_low": "1099052821.26",
|
"method": "pe",
|
"name": "基准",
|
"price_high": "20.29999999900259570904562694",
|
"price_low": "7.829999999358811527243617316",
|
"role": "base",
|
"upside_to_high": "0.321614583268398158140991337",
|
"upside_to_low": "-0.4902343750417440411950769977"
|
},
|
{
|
"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": "0.20218605127913025",
|
"cagr_low": "0.07770401660651305",
|
"equity_value_high": "5413852786.46",
|
"equity_value_low": "3134335823.92",
|
"method": "pe",
|
"name": "乐观",
|
"price_high": "38.56999999864637989084763656",
|
"price_low": "22.33000000049870214547718653",
|
"role": "optimistic",
|
"upside_to_high": "1.511067708245207024143726339",
|
"upside_to_low": "0.453776041699134254262837665"
|
}
|
]
|
}
|
