{
|
"conclusion": {
|
"base_midpoint": "43.03169848642182061478040370",
|
"price_label": "当前价格处于基准合理区间",
|
"price_position": "WITHIN_BASE_RANGE",
|
"safety_margin_to_base_midpoint": "-0.1544977713504842909984859847"
|
},
|
"engine_version": "1.0.0",
|
"holding_period": {
|
"cumulative_dividend_per_share": "0",
|
"required_exit_price": "80.0101368",
|
"required_profit_by_exit_pe": [
|
{
|
"exit_pe": "20",
|
"required_profit": "432180434.64491280"
|
},
|
{
|
"exit_pe": "25",
|
"required_profit": "345744347.71593024"
|
},
|
{
|
"exit_pe": "30",
|
"required_profit": "288120289.76327520"
|
},
|
{
|
"exit_pe": "35",
|
"required_profit": "246960248.36852160"
|
},
|
{
|
"exit_pe": "40",
|
"required_profit": "216090217.32245640"
|
},
|
{
|
"exit_pe": "50",
|
"required_profit": "172872173.85796512"
|
},
|
{
|
"exit_pe": "60",
|
"required_profit": "144060144.88163760"
|
},
|
{
|
"exit_pe": "75",
|
"required_profit": "115248115.90531008"
|
},
|
{
|
"exit_pe": "100",
|
"required_profit": "86436086.92898256"
|
}
|
],
|
"required_return": "0.1",
|
"years": 5
|
},
|
"institutions": {
|
"coverage_status": "no_usable_forecasts",
|
"detail": [],
|
"summary": {}
|
},
|
"meta": {
|
"as_of_date": "2026-08-04",
|
"code": "301596.SZ",
|
"company": "瑞迪智驱",
|
"currency": "CNY",
|
"latest_operating_info_date": "2026-04-23",
|
"market": "深圳证券交易所",
|
"report_period_end": "2026-03-31"
|
},
|
"metrics": {
|
"annual_cash_conversion": "0.9029642758332831846353501425",
|
"annual_fcf": "58754963.01",
|
"book_value_per_share": "8.283432105400446462705016744",
|
"current_fcf": "-5820289.51",
|
"deduct_pe": "62.92012853853371998632978325",
|
"diluted_shares": "108031420.0",
|
"enterprise_value": "4986870634.610",
|
"market_cap": "5367000945.600",
|
"normalized_eps": "0.7895724492929926497309764141",
|
"normalized_pe": "62.92012853853372588749151649",
|
"normalized_profit": "85298632.889999992",
|
"pb": "5.997513997562767098294718926",
|
"price": "49.68",
|
"ps": "8.056980696807586179944943244",
|
"reported_pe": "52.78696308711249863285158340",
|
"ttm_attributable_profit": "101672849.35",
|
"ttm_deduct_profit": "85298632.89",
|
"ttm_eps": "0.9411414693058741614245189039",
|
"ttm_revenue": "666130545.37"
|
},
|
"normalization_adjustments": [
|
{
|
"amount": "-16374216.460000008",
|
"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": 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
|
},
|
"reverse_pe": [
|
{
|
"implied_eps": "2.484",
|
"implied_margin": "0.4028490348403793089972471622",
|
"implied_profit": "268350047.280",
|
"pe": "20"
|
},
|
{
|
"implied_eps": "1.9872",
|
"implied_margin": "0.3222792278723034471977977298",
|
"implied_profit": "214680037.824",
|
"pe": "25"
|
},
|
{
|
"implied_eps": "1.656",
|
"implied_margin": "0.2685660232269195393314981081",
|
"implied_profit": "178900031.520",
|
"pe": "30"
|
},
|
{
|
"implied_eps": "1.419428571428571428571428571",
|
"implied_margin": "0.2301994484802167479984269498",
|
"implied_profit": "153342884.160",
|
"pe": "35"
|
},
|
{
|
"implied_eps": "1.242",
|
"implied_margin": "0.2014245174201896544986235811",
|
"implied_profit": "134175023.640",
|
"pe": "40"
|
},
|
{
|
"implied_eps": "0.9936",
|
"implied_margin": "0.1611396139361517235988988649",
|
"implied_profit": "107340018.912",
|
"pe": "50"
|
},
|
{
|
"implied_eps": "0.828",
|
"implied_margin": "0.1342830116134597696657490541",
|
"implied_profit": "89450015.760",
|
"pe": "60"
|
},
|
{
|
"implied_eps": "0.6624",
|
"implied_margin": "0.1074264092907678157325992433",
|
"implied_profit": "71560012.608",
|
"pe": "75"
|
},
|
{
|
"implied_eps": "0.4968",
|
"implied_margin": "0.08056980696807586179944943244",
|
"implied_profit": "53670009.456",
|
"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": "-0.14410271585782752",
|
"cagr_low": "-0.27331847869434667",
|
"equity_value_high": "2465130490.40",
|
"equity_value_low": "1087557569.25",
|
"method": "pe",
|
"name": "悲观",
|
"price_high": "22.81864378344744519696214305",
|
"price_low": "10.06704872758314201553585059",
|
"role": "pessimistic",
|
"upside_to_high": "-0.5406875244877728422511645924",
|
"upside_to_low": "-0.7973621431645905391397775646"
|
},
|
{
|
"assumption": "以TTM归一化利润与无家机构覆盖池预期为锚，按行业成长和周期属性定价。",
|
"cagr_high": "0.035748546338256304",
|
"cagr_low": "-0.1158257490254756",
|
"equity_value_high": "6397397466.60",
|
"equity_value_low": "2900153518.40",
|
"method": "pe",
|
"name": "基准",
|
"price_high": "59.21793369558596934114167897",
|
"price_low": "26.84546327725767188841912844",
|
"role": "base",
|
"upside_to_high": "0.191987393228381025385299496",
|
"upside_to_low": "-0.4596323816977119185100819557"
|
},
|
{
|
"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": "0.18777307059110648",
|
"cagr_low": "0.055681399186941594",
|
"equity_value_high": "12688171642.60",
|
"equity_value_low": "7037137213.20",
|
"method": "pe",
|
"name": "乐观",
|
"price_high": "117.4489018342996879981768267",
|
"price_low": "65.13972706458917229820731783",
|
"role": "optimistic",
|
"upside_to_high": "1.364108329997980837322399893",
|
"upside_to_low": "0.311186132540039700044430713"
|
}
|
]
|
}
|
