更新股票估值台账至2026-08-14

Cai

2026-08-16 326f521cec4496e9cb8e7528a0d40c99c13805ed

 ana-data/result/股票估值/估值台账/latest.csv

@@ -1,673 +1,855 @@
ticker,company,market,currency,close,trade_date,base_low,base_high,optimistic_high,label,distance_to_base_low,distance_to_base_high,valuation_date,consensus_year,consensus_profit,consensus_count,report_path,bubble_status,bubble_premium_pct,bubble_vs_optimistic_pct,bubble_primary_cause,bubble_secondary_cause,bubble_reason,bubble_reason_nature,bubble_confidence,bubble_evidence_basis,bubble_recheck_trigger,return_20d_pct,return_60d_pct,distance_to_ma60_pct,amount_ratio_5d_to_60d,market_sample_count
000021.SZ,深科技,深交所,CNY,40.85,2026-08-07,13.1625,31.395,59.6505,偏贵,2.10351377,0.30116261,2026-08-05,2026,1532388505.05,2,ana-data/result/股票估值/20260805_shenzhen_kaifa_valuation/深科技价格合理性评估_20260805.md,泡沫-中,30.12,-31.52,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿30.1%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注存储景气、封测稼动率、客户订单和产品结构。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,存储周期、客户集中和汇率波动,-27.36,18.03,-5.80,0.6704,103
000039.SZ,中集集团,深交所,CNY,8.58,2026-08-07,12.133929,26.0475,50.0112,偏低,-0.29289186,-0.67060179,2026-08-06,2026,3489731049.150771,7,ana-data/result/股票估值/20260806_defense_000039_valuation/中集集团价格合理性评估_20260806.md,未识别估值泡沫,-67.06,-82.84,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,6.19,-34.10,-5.99,0.5651,103
000063.SZ,中兴通讯,深交所,CNY,34.7,2026-08-07,18.0315,43.008467,86.016933,基本合理,0.92441006,-0.19318212,2026-08-04,2026,6389208097.404594,9,ana-data/result/股票估值/20260804_zte_valuation/中兴通讯价格合理性评估_20260804.md,未识别估值泡沫,-19.32,-59.66,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-13.96,-10.64,-5.45,0.5791,103
000065.SZ,北方国际,深交所,CNY,9.11,2026-08-07,10.875,25.938889,49.283889,偏低,-0.16229885,-0.64878989,2026-08-06,2026,935606183.639405,9,ana-data/result/股票估值/20260806_defense_000065_valuation/北方国际价格合理性评估_20260806.md,未识别估值泡沫,-64.88,-81.52,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,2.59,-30.46,-15.11,0.9434,103
000066.SZ,中国长城,深交所,CNY,14.82,2026-08-07,1.097143,2.523429,4.784,明显偏贵,12.50781074,4.87296096,2026-08-04,2026,147465101.164793,7,ana-data/result/股票估值/20260804_great_wall_computer_valuation/中国长城价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,487.30,209.78,信创、网络安全或软件国产化预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿487.3%，主要在提前交易信创、网络安全或软件国产化预期，具体押注信创订单、产品结构、费用控制和资产整合。 当前价还高于乐观情景上沿209.8%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,持续盈利能力、应收回款和资产整合不确定性,-25.45,-41.17,-14.79,0.4366,103
000099.SZ,中信海直,深交所,CNY,14.2,2026-08-07,6.435,15.348667,29.162467,基本合理,1.20668221,-0.07483823,2026-08-06,2026,369783765.303592,3,ana-data/result/股票估值/20260806_defense_000099_valuation/中信海直价格合理性评估_20260806.md,未识别估值泡沫,-7.48,-51.31,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,4.80,-18.72,-6.58,0.6401,103
000157.SZ,中联重科,深交所,CNY,7.22,2026-08-07,9.3275,22.247815,42.270848,偏低,-0.22594479,-0.67547375,2026-08-06,2026,5975497215.836937,28,ana-data/result/股票估值/20260806_defense_000157_valuation/中联重科价格合理性评估_20260806.md,未识别估值泡沫,-67.55,-82.92,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,1.69,-8.38,-1.79,0.7820,103
000425.SZ,徐工机械,深交所,CNY,8.3,2026-08-07,9.617786,22.9402,43.58638,偏低,-0.13701553,-0.63818973,2026-08-06,2026,8370049536.465606,21,ana-data/result/股票估值/20260806_defense_000425_valuation/徐工机械价格合理性评估_20260806.md,未识别估值泡沫,-63.82,-80.96,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-0.60,-21.10,-7.46,0.8190,103
000426.SZ,兴业银锡,深交所,CNY,39.48,2026-08-07,19.568571,50.008571,98.0168,基本合理,1.01752085,-0.21053533,2026-08-04,2026,3860739421.083365,7,ana-data/result/股票估值/20260804_xingye_silver_tin_valuation/兴业银锡价格合理性评估_20260804.md,未识别估值泡沫,-21.05,-59.72,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,22.04,-21.01,8.54,1.1704,103
000519.SZ,中兵红箭,深交所,CNY,14.76,2026-08-07,6.28125,13.48375,25.8888,偏贵,1.34985075,0.09465097,2026-08-04,2026,466507258.97,4,ana-data/result/股票估值/20260805_north_arrows_refresh_valuation/中兵红箭价格合理性评估_20260804.md,泡沫-轻,9.47,-42.99,军工、商业航天或低空经济主题溢价,轻度乐观预期,价格高于基准合理区间上沿9.5%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注军品订单、金刚石产品销量和价格。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,军品采购和培育钻石价格周期,-17.59,-19.74,-16.88,0.4824,103
000547.SZ,航天发展,深交所,CNY,15.98,2026-08-07,2.360035,4.248062,7.080104,明显偏贵,5.77108602,2.76171534,2026-08-04,,,0,ana-data/result/股票估值/20260804_aerospace_development_valuation/航天发展价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,276.17,125.70,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿276.2%，主要在交易盈利修复，并押注军品订单恢复、项目验收、费用控制和资产质量。 当前价还高于乐观情景上沿125.7%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,持续亏损、商誉减值、军品验收和应收回款,-3.27,-42.85,-13.71,0.5688,103
000561.SZ,烽火电子,深交所,CNY,7.57,2026-08-07,3.3632,6.05376,10.089601,偏贵,1.25083254,0.25046252,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_000561_valuation/烽火电子价格合理性评估_20260806.md,泡沫-中,25.05,-24.97,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿25.0%，主要在交易盈利修复，并押注公开产品包括无线通信设备、搜救定位设备、音频控制系统、无线电高度表、多普勒雷达和导航设备。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；收入同比下降且合并范围变化，不把公司整体口径直接解释为原有军工业务变化,6.62,-23.30,-2.64,0.7149,103
000595.SZ,新能股份,深交所,CNY,6.19,2026-08-07,1.35,3.5,6.65,偏贵,3.58518519,0.76857143,2026-08-06,2026,113865636.6,1,ana-data/result/股票估值/20260806_defense_000595_valuation/新能股份价格合理性评估_20260806.md,泡沫-高,76.86,-6.92,新能源、储能或电动化成长预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿76.9%，主要在提前交易新能源、储能或电动化成长预期，具体押注公开业务为新能源电站投资运营与船舶电器，未形成地面装备直接产品证据。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本102日）,正式分类按重组后主营降级；2025整体财务含同一控制合并调整，研发金额为原轴承板块上半年口径,12.55,-10.81,-2.28,3.4066,102
000603.SZ,盛达资源,深交所,CNY,34.43,2026-08-07,17.046,43.562,85.38152,基本合理,1.0198287,-0.20963225,2026-08-06,2026,1306801941.324,5,ana-data/result/股票估值/20260806_shengda_resources_valuation/盛达资源价格合理性评估_20260806.md,未识别估值泡沫,-20.96,-59.68,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,57.14,-11.24,27.61,2.3523,103
000657.SZ,中钨高新,深交所,CNY,67.01,2026-08-07,18.43425,47.10975,92.33511,偏贵,2.63508144,0.42242317,2026-08-04,2026,4667151462.3,8,ana-data/result/股票估值/20260804_zhongwu_hightech_valuation/中钨高新价格合理性评估_20260804.md,泡沫-中,42.24,-27.43,资源品稀缺性或周期高景气外推,乐观情景提前定价,价格高于基准合理区间上沿42.2%，主要在提前交易资源品稀缺性或周期高景气外推，具体押注钨价、刀具销量、产品结构和矿端资产整合。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,钨价周期、重组进度和制造业需求,-11.82,7.28,-6.70,0.9455,103
000697.SZ,炼石航空,深交所,CNY,8.61,2026-08-07,2.413885,4.344993,7.241655,明显偏贵,2.5668642,0.98159122,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_000697_valuation/炼石航空价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,98.16,18.90,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿98.2%，主要在交易盈利修复，并押注主要产品为航空精密零部件、结构件及单晶涡轮叶片。 当前价还高于乐观情景上沿18.9%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本102日）,公司公开口径包含民用飞机零部件；本批不把公司整体收入或全部产品军工化,-5.18,-28.19,-15.52,0.3115,102
000700.SZ,模塑科技,深交所,CNY,11.78,2026-08-07,8.775,20.93,39.767,基本合理,0.34245014,-0.43717152,2026-08-04,2026,596710002.85,6,ana-data/result/股票估值/20260805_molding_technology_valuation/模塑科技价格合理性评估_20260804.md,未识别估值泡沫,-43.72,-70.38,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-22.40,-14.76,-16.24,0.5258,103
000733.SZ,振华科技,深交所,CNY,41.55,2026-08-07,37.875,81.305,156.1056,基本合理,0.0970297,-0.48896132,2026-08-04,2026,1119422250.62,2,ana-data/result/股票估值/20260805_zhenhua_technology_valuation/振华科技价格合理性评估_20260804.md,未识别估值泡沫,-48.90,-73.38,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-14.08,-11.35,-14.96,0.3840,103
000738.SZ,航发控制,深交所,CNY,18.43,2026-08-07,6.070312,13.030937,25.0194,偏贵,2.03608777,0.41432654,2026-08-06,2026,425790820.32375,8,ana-data/result/股票估值/20260806_defense_000738_valuation/航发控制价格合理性评估_20260806.md,泡沫-中,41.43,-26.34,军工、商业航天或低空经济主题溢价,乐观情景提前定价,价格高于基准合理区间上沿41.4%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品包括发动机及燃气轮机控制系统、民用航空精密零部件，以及电液作动装置、电磁阀、传感器等衍生产品。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；不识别具体型号、客户、采购批次、产能或交付,5.62,-19.83,-1.32,0.6995,103
000768.SZ,中航西飞,深交所,CNY,20.74,2026-08-07,8.4375,18.1125,34.776,偏贵,1.45807407,0.14506556,2026-08-04,2026,1251274560.75,10,ana-data/result/股票估值/20260805_avic_xian_valuation/中航西飞价格合理性评估_20260804.md,泡沫-轻,14.51,-40.36,业务增长、订单兑现和利润率改善预期,轻度乐观预期,价格高于基准合理区间上沿14.5%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注飞机交付数量、产品结构和生产效率。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,交付节奏、成本控制和大额合同波动,3.24,-17.89,-1.45,0.7613,103
000777.SZ,中核科技,深交所,CNY,17.75,2026-08-07,6.075,15.75,29.925,偏贵,1.9218107,0.12698413,2026-08-06,2026,172537916.85,1,ana-data/result/股票估值/20260806_defense_000777_valuation/中核科技价格合理性评估_20260806.md,泡沫-轻,12.70,-40.69,业务增长、订单兑现和利润率改善预期,轻度乐观预期,价格高于基准合理区间上沿12.7%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注主要产品包括闸阀、截止阀、止回阀、球阀、蝶阀和调节阀，应用于核工程、石油石化等领域。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,目标赛道仅为核工程阀门相邻入口；不把核工业、能源或工业阀门业务整体解释为船舶军工,4.72,-12.95,-0.04,1.3720,103
000795.SZ,英洛华,深交所,CNY,8.72,2026-08-07,2.414667,5.523747,10.49512,偏贵,2.611264,0.57863856,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_000795_valuation/英洛华价格合理性评估_20260806.md,泡沫-高,57.86,-16.91,机器人、自动化或智能制造成长预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿57.9%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注产品包括烧结与粘结钕铁硼永磁材料及磁组件、多类微特电机、减速器、电机驱动器和健康器材等。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工材料独立分部；不展开客户、配方、性能、部件、数量、产能或交付,4.43,-8.69,-1.94,0.5549,103
000800.SZ,一汽解放,深交所,CNY,6.17,2026-08-07,3.5775,8.533,16.2127,基本合理,0.72466806,-0.27692488,2026-08-06,2026,1304139458.375,2,ana-data/result/股票估值/20260806_defense_000800_valuation/一汽解放价格合理性评估_20260806.md,未识别估值泡沫,-27.69,-61.94,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,1.15,-4.78,-0.19,0.9535,103
000801.SZ,四川九洲,深交所,CNY,11.38,2026-08-07,5.52,12.696,24.0695,基本合理,1.0615942,-0.10365469,2026-08-06,2026,233754694.57,2,ana-data/result/股票估值/20260806_defense_000801_valuation/四川九洲价格合理性评估_20260806.md,未识别估值泡沫,-10.37,-52.72,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,0.26,-19.58,-5.41,0.5471,103
000807.SZ,云铝股份,深交所,CNY,27.13,2026-08-07,33.525474,85.676211,167.925373,偏低,-0.19076461,-0.68334267,2026-08-04,2026,12918323857.69913,19,ana-data/result/股票估值/20260804_yunnan_aluminium_valuation/云铝股份价格合理性评估_20260804.md,未识别估值泡沫,-68.33,-83.84,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,23.94,-14.77,3.40,1.0344,103
000831.SZ,中国稀土,深交所,CNY,57.19,2026-08-07,5.94,15.4,29.26,明显偏贵,8.62794613,2.71363636,2026-08-06,2026,466937155.08,1,ana-data/result/股票估值/20260806_defense_000831_valuation/中国稀土价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,271.36,95.45,资源品稀缺性或周期高景气外推,超出乐观情景的叙事与情绪溢价；短期动量放大,价格高于基准合理区间上沿271.4%，主要在提前交易资源品稀缺性或周期高景气外推，具体押注主要产品包括稀土精矿、不同规格稀土氧化物、氯化物和盐类以及稀土金属与合金，应用于磁性、发光、催化、晶体、合金、陶瓷和电子元器件等领域。 当前价还高于乐观情景上沿95.5%，说明市场计入了超过现有乐观模型的额外预期。 近20个交易日上涨18.4%，高于60日均线9.6%，短期动量可能放大估值溢价。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,稀土功能材料广泛应用不等同军工材料独立分部；不展开客户、配方、性能、部件、数量、产能或交付,18.43,0.56,9.61,0.8293,103
000852.SZ,石化机械,深交所,CNY,5.27,2026-08-07,3.270898,5.887616,9.812693,基本合理,0.61117834,-0.10490086,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_000852_valuation/石化机械价格合理性评估_20260806.md,未识别估值泡沫,-10.49,-46.29,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,7.11,-27.11,-4.80,0.8003,103
000880.SZ,潍柴重机,深交所,CNY,23.05,2026-08-07,8.343198,19.085747,36.26292,偏贵,1.76272959,0.20770751,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_000880_valuation/潍柴重机价格合理性评估_20260806.md,泡沫-中,20.77,-36.44,业务增长、订单兑现和利润率改善预期,乐观情景提前定价,价格高于基准合理区间上沿20.8%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品包括船用中高速柴油机、发电机组、推进和动力集成系统以及高性能船艇。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,目标赛道为船舶动力相邻入口；不将公务、商用或民用船舶业务整体军工化,1.50,-28.04,-9.53,0.3820,103
000901.SZ,航天科技,深交所,CNY,15.06,2026-08-07,5.32137,9.578465,15.964109,偏贵,1.83009826,0.57227698,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_000901_valuation/航天科技价格合理性评估_20260806.md,泡沫-高,57.23,-5.66,军工、商业航天或低空经济主题溢价,乐观情景被大幅提前资本化,价格高于基准合理区间上沿57.2%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品类别包括加速度传感器、精密制造产品、航天辅材和测试测控设备。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；公司整体财务包含汽车电子与物联网，不能全量归入航天装备,-7.61,-36.99,-13.16,0.6054,103
000963.SZ,华东医药,深交所,CNY,28.99,2026-08-07,46.193451,113.770023,230.068268,偏低,-0.37242186,-0.74518771,2026-08-04,2026,3855510745.017525,11,ana-data/result/股票估值/20260804_huadong_medicine_valuation/华东医药价格合理性评估_20260804.md,未识别估值泡沫,-74.52,-87.40,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,0.62,-12.86,-0.44,1.2547,103
000970.SZ,中科三环,深交所,CNY,13.69,2026-08-07,2.0925,4.991,9.4829,明显偏贵,5.54241338,1.74293729,2026-08-06,2026,188437494.815,2,ana-data/result/股票估值/20260806_defense_000970_valuation/中科三环价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,174.29,44.37,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿174.3%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注主要产品为烧结钕铁硼和粘结钕铁硼永磁材料，应用于新能源汽车、汽车电机、消费电子、机器人、工业电机、节能电梯、变频空调和风力发电等领域。 当前价还高于乐观情景上沿44.4%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工材料独立分部；不展开客户、配方、性能参数、部件、数量、产能或交付,-8.98,8.48,1.74,0.8705,103
000977.SZ,浪潮信息,深交所,CNY,77.99,2026-08-07,61.697368,141.903947,286.961316,基本合理,0.26407337,-0.45040288,2026-08-04,2026,4026717564.500155,20,ana-data/result/股票估值/20260804_inspur_information_valuation/浪潮信息价格合理性评估_20260804.md,未识别估值泡沫,-45.04,-72.82,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-9.30,0.84,9.61,0.9350,103
000988.SZ,华工科技,深交所,CNY,106.6,2026-08-07,52.9425,121.76775,246.24145,基本合理,1.01350522,-0.12456295,2026-08-05,2026,2365947869.571,8,ana-data/result/股票估值/20260805_huagong_tech_valuation/华工科技价格合理性评估_20260805.md,未识别估值泡沫,-12.46,-56.71,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-32.96,-24.98,-26.19,0.6539,103
001260.SZ,坤泰股份,深交所,CNY,16.73,2026-08-07,4.590362,10.500828,19.951574,偏贵,2.64459274,0.5932077,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_001260_valuation/坤泰股份价格合理性评估_20260806.md,泡沫-高,59.32,-16.15,业务增长、订单兑现和利润率改善预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿59.3%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品包括簇绒地毯和针刺地毯。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,5.49,-24.61,-4.21,0.7848,103
001270.SZ,铖昌科技,深交所,CNY,118.38,2026-08-07,19.86,45.678,86.597875,明显偏贵,4.96072508,1.5916196,2026-08-04,2026,170560080.5775,4,ana-data/result/股票估值/20260805_chengchang_refresh_valuation/铖昌科技价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,159.16,36.70,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿159.2%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注军品订单、批产交付和新型号放量。 当前价还高于乐观情景上沿36.7%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本102日）,ST风险、军品订单和收入确认波动,-27.91,-24.11,-10.01,0.7801,102
001283.SZ,豪鹏科技,深交所,CNY,42.4,2026-08-07,38.671875,98.828125,193.703125,基本合理,0.09640404,-0.57097233,2026-08-04,2026,445775412.5,5,ana-data/result/股票估值/20260805_highpower_valuation/豪鹏科技价格合理性评估_20260804.md,未识别估值泡沫,-57.10,-78.11,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-7.52,-25.05,-14.11,0.4942,103
001296.SZ,长江材料,深交所,CNY,19.94,2026-08-07,11.471764,26.242598,49.860935,基本合理,0.73818081,-0.24016669,2026-08-04,,,0,ana-data/result/股票估值/20260804_changjiang_materials_valuation/长江材料价格合理性评估_20260804.md,未识别估值泡沫,-24.02,-60.01,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,15.39,-10.58,3.83,0.6353,103
001306.SZ,夏厦精密,深交所,CNY,52.61,2026-08-07,19.035,49.35,93.765,偏贵,1.76385605,0.06605876,2026-08-06,2026,88619346.0,1,ana-data/result/股票估值/20260806_defense_001306_valuation/夏厦精密价格合理性评估_20260806.md,泡沫-轻,6.61,-43.89,盈利修复或扭亏预期提前定价,轻度乐观预期,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿6.6%，主要在交易盈利修复，并押注公开产品包括汽车齿轮、减速机及其配件、电动工具齿轮、智能家居齿轮和安防齿轮。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-1.22,-25.00,-9.53,0.6747,103
001316.SZ,润贝航科,深交所,CNY,26.62,2026-08-07,27.789343,65.1728,123.82832,偏低,-0.04207883,-0.59154739,2026-08-06,2026,232993610.08,5,ana-data/result/股票估值/20260806_defense_001316_valuation/润贝航科价格合理性评估_20260806.md,未识别估值泡沫,-59.15,-78.50,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-13.43,-38.89,-19.41,0.5170,103
001696.SZ,宗申动力,深交所,CNY,15.9,2026-08-07,14.4375,30.9925,59.5056,基本合理,0.1012987,-0.48697265,2026-08-06,2026,881670728.4,2,ana-data/result/股票估值/20260806_defense_001696_valuation/宗申动力价格合理性评估_20260806.md,未识别估值泡沫,-48.70,-73.28,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-16.62,-7.67,-10.21,0.8785,103
002008.SZ,大族激光,深交所,CNY,99.75,2026-08-07,48.375,118.68,228.459,基本合理,1.0620155,-0.15950455,2026-08-04,2026,2656376792.64,14,ana-data/result/股票估值/20260804_hans_laser_valuation/大族激光价格合理性评估_20260804.md,未识别估值泡沫,-15.95,-56.34,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-23.80,-32.57,-19.19,0.5597,103
002023.SZ,海特高新,深交所,CNY,10.7,2026-08-07,5.023981,9.043166,15.071943,偏贵,1.12978512,0.18321393,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002023_valuation/海特高新价格合理性评估_20260806.md,泡沫-中,18.32,-29.01,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿18.3%，主要在交易盈利修复，并押注公开产品和服务包括航空维修、航空培训、飞行模拟机、航空工程技术服务、航空部附件与发动机维修等。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；公开主营以综合航空服务为主，不声称存在可单独核验的军工收入、客户或产能,-7.20,-19.49,-5.98,0.5603,103
002025.SZ,航天电器,深交所,CNY,65.77,2026-08-07,15.90625,34.145417,65.5592,明显偏贵,3.13485265,0.92617358,2026-08-04,2026,385160106.579849,12,ana-data/result/股票估值/20260805_aerospace_electric_valuation/航天电器价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,92.62,0.32,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿92.6%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注军工与通信订单、产品结构和规模效应。 当前价还高于乐观情景上沿0.3%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,军品采购节奏和应收账款,-21.48,-10.87,-5.12,0.6181,103
002037.SZ,保利联合,深交所,CNY,7.69,2026-08-07,2.12265,3.820771,6.367951,明显偏贵,2.62282995,1.01268278,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002037_valuation/保利联合价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,101.27,20.76,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价；短期动量放大,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿101.3%，主要在交易盈利修复，并押注公开产品和服务包括工业炸药、工业雷管、民爆配送及爆破工程，应用领域包括矿山、水利水电、基础设施和国防建设等。 当前价还高于乐观情景上沿20.8%，说明市场计入了超过现有乐观模型的额外预期。 近20个交易日上涨29.0%，高于60日均线13.5%，短期动量可能放大估值溢价。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,民爆产品及国防建设应用不自动等同地面装备独立业务；不展开客户、项目、数量、产能或交付,29.03,-11.71,13.45,2.0981,103
002046.SZ,国机精工,深交所,CNY,47.35,2026-08-07,11.55,24.794,47.60448,偏贵,3.0995671,0.90973623,2026-08-06,2026,330340370.36,5,ana-data/result/股票估值/20260806_defense_002046_valuation/国机精工价格合理性评估_20260806.md,泡沫-高,90.97,-0.53,军工、商业航天或低空经济主题溢价,乐观情景被大幅提前资本化,价格高于基准合理区间上沿91.0%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注基础零部件板块主要产品为以航天轴承为代表的特种轴承、精密机床轴承、重型机械用大型轴承和机床用电主轴。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,只保留年报公开高层分类；不展开客户、型号、性能参数、任务、数量、产能、部署或交付,-28.36,-20.41,-17.16,0.4469,103
002049.SZ,紫光国微,深交所,CNY,67.22,2026-08-07,54.54,125.442,237.817125,基本合理,0.23248992,-0.46413482,2026-08-06,2026,1930772033.0325,8,ana-data/result/股票估值/20260806_defense_002049_valuation/紫光国微价格合理性评估_20260806.md,未识别估值泡沫,-46.41,-71.73,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-22.82,-18.02,-11.77,0.4971,103
002050.SZ,三花智控,深交所,CNY,39.12,2026-08-07,18.669265,41.638118,81.975044,基本合理,1.09542261,-0.06047627,2026-08-04,2026,4761244002.335527,18,ana-data/result/股票估值/20260805_sanhuahua_valuation/三花智控价格合理性评估_20260804.md,未识别估值泡沫,-6.05,-52.28,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-8.70,-24.04,-11.45,0.4548,103
002057.SZ,中钢天源,深交所,CNY,8.73,2026-08-07,3.137116,7.176408,13.635175,偏贵,1.78281071,0.21648602,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002057_valuation/中钢天源价格合理性评估_20260806.md,泡沫-中,21.65,-35.97,军工、商业航天或低空经济主题溢价,乐观情景提前定价,价格高于基准合理区间上沿21.6%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注稀土永磁器件应用于航空航天、新能源汽车、工业电机等领域。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,航空航天只是多类应用之一；不展开客户、材料配方、性能参数、工程、数量、产能或交付,-10.00,-12.87,-12.02,0.5488,103
002058.SZ,威尔泰,深交所,CNY,17.05,2026-08-07,2.347746,5.370662,10.204257,明显偏贵,6.26228476,2.17465519,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002058_valuation/威尔泰价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,217.47,67.09,资源品稀缺性或周期高景气外推,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿217.5%，主要在提前交易资源品稀缺性或周期高景气外推，具体押注主要产品为汽车检具和铝塑膜。 当前价还高于乐观情景上沿67.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本102日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-6.58,-35.51,-18.31,1.7882,102
002080.SZ,中材科技,深交所,CNY,56.56,2026-08-07,23.775187,56.708225,107.745627,基本合理,1.37895079,-0.00261382,2026-08-06,2026,2955385396.872,8,ana-data/result/股票估值/20260806_defense_002080_valuation/中材科技价格合理性评估_20260806.md,未识别估值泡沫,-0.26,-47.51,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-24.33,-15.47,-15.23,0.7926,103
002085.SZ,万丰奥威,深交所,CNY,10.66,2026-08-07,6.831,16.2932,30.95708,基本合理,0.56053286,-0.34573933,2026-08-06,2026,1074388545.12,5,ana-data/result/股票估值/20260806_defense_002085_valuation/万丰奥威价格合理性评估_20260806.md,未识别估值泡沫,-34.57,-65.57,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,2.30,-23.97,-8.11,0.5784,103
002096.SZ,易普力,深交所,CNY,9.54,2026-08-07,13.759821,29.53775,56.71248,偏低,-0.30667703,-0.67702347,2026-08-06,2026,910306319.355537,7,ana-data/result/股票估值/20260806_defense_002096_valuation/易普力价格合理性评估_20260806.md,未识别估值泡沫,-67.70,-83.18,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,9.40,-13.27,-1.63,0.7267,103
002097.SZ,山河智能,深交所,CNY,7.25,2026-08-07,4.358572,7.84543,13.075717,基本合理,0.66338883,-0.07589514,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002097_valuation/山河智能价格合理性评估_20260806.md,未识别估值泡沫,-7.59,-44.55,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,4.17,-28.57,-7.65,0.9984,103
002111.SZ,威海广泰,深交所,CNY,9.59,2026-08-07,7.458487,16.452545,31.191283,基本合理,0.28578356,-0.41711146,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002111_valuation/威海广泰价格合理性评估_20260806.md,未识别估值泡沫,-41.71,-69.25,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,6.79,-17.54,-1.40,0.8533,103
002115.SZ,三维通信,深交所,CNY,11.93,2026-08-07,2.16,5.6,10.64,明显偏贵,4.52314815,1.13035714,2026-08-06,2026,129758613.12,1,ana-data/result/股票估值/20260806_defense_002115_valuation/三维通信价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,113.04,12.12,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿113.0%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注通信业务包括无线覆盖、无线网络、无线安全，以及卫星通信和5G通信基础设施等通信运营服务。 当前价还高于乐观情景上沿12.1%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,19.90,-20.89,2.67,1.3773,103
002129.SZ,TCL中环,深交所,CNY,8.9,2026-08-07,3.463903,5.443277,7.917493,明显偏贵,1.56935601,0.63504448,2026-08-04,2026,-1848372327.008181,7,ana-data/result/股票估值/20260804_tcl_zhonghuan_valuation/TCL中环价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,63.50,12.41,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿63.5%，主要在交易盈利修复，并押注硅片销量、价格、非硅成本和产能利用率。 当前价还高于乐观情景上沿12.4%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,行业供给过剩、持续亏损和现金流压力,-19.31,-12.66,-8.97,0.3954,103
002130.SZ,沃尔核材,深交所,CNY,17.23,2026-08-07,17.82,42.504,80.7576,偏低,-0.03310887,-0.59462639,2026-08-06,2026,1847851317.84,3,ana-data/result/股票估值/20260806_defense_002130_valuation/沃尔核材价格合理性评估_20260806.md,未识别估值泡沫,-59.46,-78.66,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-0.46,-27.61,-8.76,0.8721,103
002149.SZ,西部材料,深交所,CNY,39.24,2026-08-07,1.965813,4.047262,7.770743,明显偏贵,18.96120689,8.69544349,2026-08-04,,,0,ana-data/result/股票估值/20260805_western_materials_valuation/西部材料价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,869.54,404.97,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿869.5%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注钛材、层状复合材料和军工需求。 当前价还高于乐观情景上沿405.0%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,原料价格、扩产和需求波动,-7.93,-47.65,-22.73,0.6008,103
002151.SZ,北斗星通,深交所,CNY,29.68,2026-08-07,8.906321,16.031378,26.718963,明显偏贵,2.33246466,0.85136923,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002151_valuation/北斗星通价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,85.14,11.08,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿85.1%，主要在交易盈利修复，并押注公开产品与服务覆盖GNSS芯片、模块、板卡、天线、导航终端和位置数据服务。 当前价还高于乐观情景上沿11.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,多行业、多产品合并口径；不把全部收入或产销量归入军工、无人系统或特定平台,-2.56,-31.49,-8.67,0.7305,103
002156.SZ,通富微电,深交所,CNY,64.72,2026-08-07,21.882,50.3286,100.6572,偏贵,1.95768211,0.28594874,2026-08-04,2026,1581335982.304,10,ana-data/result/股票估值/20260804_tongfu_microelectronics_valuation/通富微电价格合理性评估_20260804.md,泡沫-中,28.59,-35.70,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿28.6%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注先进封装产能利用率、客户订单、折旧和产品结构。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,半导体周期、重资产折旧和客户集中,-10.32,6.34,-2.76,0.7517,103
002167.SZ,东方锆业,深交所,CNY,17.22,2026-08-07,1.706772,3.764938,7.137695,明显偏贵,9.08922106,3.5737805,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002167_valuation/东方锆业价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,357.38,141.25,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿357.4%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品覆盖氯氧化锆、二氧化锆、复合氧化锆、氧化锆陶瓷结构件、电熔锆和硅酸锆等，应用领域包括航天航空、核电和先进陶瓷。 当前价还高于乐观情景上沿141.3%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,航天航空是多类应用之一；公司整体财务不等同军工材料分部，不展开配方、参数、数量或交付,-12.37,27.65,4.71,1.0660,103
002171.SZ,楚江新材,深交所,CNY,10.04,2026-08-07,7.08,16.284,30.87175,基本合理,0.4180791,-0.38344387,2026-08-06,2026,478766672.24,2,ana-data/result/股票估值/20260806_defense_002171_valuation/楚江新材价格合理性评估_20260806.md,未识别估值泡沫,-38.34,-67.48,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-14.92,-16.05,-15.49,0.3629,103
002179.SZ,中航光电,深交所,CNY,35.46,2026-08-07,22.465909,48.226818,92.595491,基本合理,0.57839151,-0.26472445,2026-08-04,2026,2516476926.769473,11,ana-data/result/股票估值/20260805_avic_optronics_refresh_valuation/中航光电价格合理性评估_20260804.md,未识别估值泡沫,-26.47,-61.70,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-11.64,-14.24,-6.86,0.5553,103
002182.SZ,宝武镁业,深交所,CNY,12.7,2026-08-07,2.655,6.332667,12.032067,明显偏贵,3.7834275,1.00547415,2026-08-06,2026,195052338.756997,3,ana-data/result/股票估值/20260806_defense_002182_valuation/宝武镁业价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,100.55,5.55,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿100.5%，主要在交易盈利修复，并押注主要产品包括镁合金、镁合金深加工产品、铝合金、铝合金深加工产品、中间合金和金属锶。 当前价还高于乐观情景上沿5.6%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-1.40,-22.75,-5.82,0.8074,103
002185.SZ,华天科技,深交所,CNY,17.98,2026-08-07,6.72,15.456,30.912,偏贵,1.67559524,0.16330228,2026-08-04,2026,1063495557.12,2,ana-data/result/股票估值/20260804_huatian_technology_valuation/华天科技价格合理性评估_20260804.md,泡沫-中,16.33,-41.83,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿16.3%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注封测稼动率、先进封装占比、价格和规模效应。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,行业周期、扩产折旧和价格竞争,-24.23,22.90,-4.18,0.6753,103
002189.SZ,中光学,深交所,CNY,18.67,2026-08-07,1.599605,2.879289,4.798815,明显偏贵,10.67163143,5.48423969,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002189_valuation/中光学价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,548.42,289.05,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿548.4%，主要在交易盈利修复，并押注公开产品只保留微光、红外、多光融合、侦察监控显示和精密光学等高层级类别，不展开已脱敏型号或能力参数。 当前价还高于乐观情景上沿289.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,特种光电、消费电子和汽车光电等业务合并；对年报已脱敏的型号保持脱敏，不尝试补全,-4.79,-21.09,-7.87,0.6116,103
002190.SZ,成飞集成,深交所,CNY,23.2,2026-08-07,12.120522,21.816939,36.361565,偏贵,0.91410898,0.06339391,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002190_valuation/成飞集成价格合理性评估_20260806.md,泡沫-轻,6.34,-36.20,盈利修复或扭亏预期提前定价,轻度乐观预期,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿6.3%，主要在交易盈利修复，并押注公开产品包括工装模具、汽车零部件和航空零部件，并披露复材工装模具、航空钣金件及铝合金轻量化零件制造能力。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,汽车与航空业务并存；不把汽车产销数据转用于航空业务，不展开具体客户、机型、参数、数量或交付,4.74,-31.46,-7.73,0.7080,103
002214.SZ,大立科技,深交所,CNY,15.86,2026-08-07,2.100754,3.781358,6.302263,明显偏贵,6.54967026,3.19426037,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002214_valuation/大立科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,319.43,151.66,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿319.4%，主要在交易盈利修复，并押注公开产品包括非制冷红外焦平面探测器、红外热像仪及光电系统产品。 当前价还高于乐观情景上沿151.7%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本102日）,不展开具体像元、分辨率、型号、客户、任务、能力或交付；巡检机器人不计入军工结论,15.26,-16.22,6.53,1.3523,102
002222.SZ,福晶科技,深交所,CNY,62.07,2026-08-07,17.5,42.933333,82.646667,偏贵,2.54685714,0.44572982,2026-08-04,2026,438899999.999843,3,ana-data/result/股票估值/20260804_fujing_technology_refresh_valuation/福晶科技价格合理性评估_20260804.md,泡沫-中,44.57,-24.90,通信、光通信或卫星互联网成长预期,乐观情景提前定价,价格高于基准合理区间上沿44.6%，主要在提前交易通信、光通信或卫星互联网成长预期，具体押注晶体元器件、精密光学和激光器件销量及产品结构。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产品价格、扩产折旧和估值中枢回落,-23.72,-46.64,-25.68,0.6465,103
002226.SZ,江南化工,深交所,CNY,5.07,2026-08-07,5.71875,12.27625,23.5704,偏低,-0.11344262,-0.58700743,2026-08-06,2026,807921470.775,2,ana-data/result/股票估值/20260806_defense_002226_valuation/江南化工价格合理性评估_20260806.md,未识别估值泡沫,-58.70,-78.49,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,13.42,-9.46,1.82,0.7674,103
002232.SZ,启明信息,深交所,CNY,14.59,2026-08-07,1.598249,3.656125,6.946637,明显偏贵,8.12874027,2.99056378,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002232_valuation/启明信息价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,299.06,110.03,智能汽车、汽车电子或电动化渗透预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿299.1%，主要在提前交易智能汽车、汽车电子或电动化渗透预期，具体押注公开产品和服务覆盖集成服务、汽车电子及服务、管理软件及服务。 当前价还高于乐观情景上沿110.0%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工无人系统独立业务；不反向识别客户、系统、数据、任务、部署或结果,2.60,-20.27,-2.75,1.0400,103
002246.SZ,北化股份,深交所,CNY,19.88,2026-08-07,15.125,32.468333,62.3392,基本合理,0.31438017,-0.3877111,2026-08-06,2026,442888067.160183,6,ana-data/result/股票估值/20260806_defense_002246_valuation/北化股份价格合理性评估_20260806.md,未识别估值泡沫,-38.77,-68.11,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,10.44,-15.40,-1.01,0.7039,103
002255.SZ,海陆重工,深交所,CNY,8.54,2026-08-07,7.62386,17.440204,33.136387,基本合理,0.12016747,-0.51032683,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002255_valuation/海陆重工价格合理性评估_20260806.md,未识别估值泡沫,-51.03,-74.23,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,1.43,-24.62,-6.94,1.1428,103
002265.SZ,建设工业,深交所,CNY,18.98,2026-08-07,4.098724,8.43855,16.202017,明显偏贵,3.63070946,1.24920158,2026-08-04,,,0,ana-data/result/股票估值/20260805_construction_industry_refresh_valuation/建设工业价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,124.92,17.15,智能汽车、汽车电子或电动化渗透预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿124.9%，主要在提前交易智能汽车、汽车电子或电动化渗透预期，具体押注特种装备交付、汽车业务销量和产品结构。 当前价还高于乐观情景上沿17.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,军品采购节奏和民品盈利波动,10.67,-20.12,-0.86,1.4187,103
002268.SZ,电科网安,深交所,CNY,14.37,2026-08-07,2.64,6.6,12.5125,明显偏贵,4.44318182,1.17727273,2026-08-06,2026,93019969.13,1,ana-data/result/股票估值/20260806_defense_002268_valuation/电科网安价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,117.73,14.85,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿117.7%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公司经营密码、网络安全和数据安全三大板块，密码产品体系覆盖芯片、模块、软件、整机和系统，网络安全产品覆盖防火墙、隔离交换、终端安全、安全运营与审计等类别。 当前价还高于乐观情景上沿14.8%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开客户、芯片型号、密码参数、系统、任务、部署、漏洞、数据或验证结果,-5.15,-10.97,1.68,1.0424,103
002281.SZ,光迅科技,深交所,CNY,193.04,2026-08-07,45.0,103.5,209.3,偏贵,3.28977778,0.86512077,2026-08-04,2026,1655697676.0,7,ana-data/result/股票估值/20260804_accelink_valuation/光迅科技价格合理性评估_20260804.md,泡沫-高,86.51,-7.77,半导体国产替代、AI算力或先进封装预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿86.5%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注数通光模块需求、速率升级、良率和海外客户。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,AI资本开支、客户认证和高速产品迭代,-19.06,-2.49,-9.27,0.7576,103
002294.SZ,信立泰,深交所,CNY,36.03,2026-08-07,15.0297,37.037475,74.898005,基本合理,1.39725344,-0.0272015,2026-08-04,2026,797874194.0995,10,ana-data/result/股票估值/20260804_salubris_valuation/信立泰价格合理性评估_20260804.md,未识别估值泡沫,-2.72,-51.89,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,2.33,-2.88,6.00,0.7972,103
002297.SZ,博云新材,深交所,CNY,19.2,2026-08-07,8.032219,17.71813,33.590622,偏贵,1.39037307,0.0836358,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002297_valuation/博云新材价格合理性评估_20260806.md,泡沫-轻,8.36,-42.84,军工、商业航天或低空经济主题溢价,轻度乐观预期,价格高于基准合理区间上沿8.4%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品类别包括飞机机轮刹车系统、航空用飞机刹车材料和航天用碳/碳复合材料。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开年报中可形成具体型号、客户、供应关系、能力、数量或批产状态的细节,-21.73,-26.58,-16.21,0.5582,103
002318.SZ,久立特材,深交所,CNY,19.97,2026-08-07,19.40625,46.2875,87.94625,基本合理,0.02904992,-0.56856603,2026-08-06,2026,1404682910.0,5,ana-data/result/股票估值/20260806_defense_002318_valuation/久立特材价格合理性评估_20260806.md,未识别估值泡沫,-56.86,-77.29,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,2.41,-32.83,-11.09,0.9551,103
002338.SZ,奥普光电,深交所,CNY,42.45,2026-08-07,6.453621,15.18499,29.231105,明显偏贵,5.57770266,1.79552374,2026-08-04,,,0,ana-data/result/股票估值/20260804_opto_metrology_valuation/奥普光电价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,179.55,45.22,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿179.6%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注光电产品销量、科研及工业客户需求和产品结构。 当前价还高于乐观情景上沿45.2%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,机构覆盖缺失、客户集中和估值溢价,-20.10,-33.96,-17.74,0.7804,103
002342.SZ,巨力索具,深交所,CNY,8.3,2026-08-07,0.191937,0.439072,0.834237,明显偏贵,42.24335589,17.90350558,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002342_valuation/巨力索具价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,1790.35,894.92,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿1790.4%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品包括软索具、链条、钢丝绳及其索具、夹具吊梁、缆索、钢拉杆和重型装备等系列。 当前价还高于乐观情景上沿894.9%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,海洋工程是扩展领域之一；不因经营范围或潜在用途将索具整体归为军用舰船装备,-17.50,-59.43,-20.13,0.3677,103
002353.SZ,杰瑞股份,深交所,CNY,145.12,2026-08-07,69.615341,149.440932,286.926589,基本合理,1.08459799,-0.02891398,2026-08-06,2026,3801390552.322814,22,ana-data/result/股票估值/20260806_defense_002353_valuation/杰瑞股份价格合理性评估_20260806.md,未识别估值泡沫,-2.89,-49.42,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-13.62,-2.57,-0.11,0.7867,103
002371.SZ,北方华创,深交所,CNY,751.99,2026-08-07,264.143478,578.6,1134.056,偏贵,1.84689974,0.29967162,2026-08-04,2026,7302326454.260743,24,ana-data/result/股票估值/20260804_naura_valuation/北方华创价格合理性评估_20260804.md,泡沫-中,29.97,-33.69,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿30.0%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注多品类设备放量、客户扩产和规模效应。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,高估值、激励行权摊薄和资本开支周期,-14.39,29.43,5.92,0.8438,103
002373.SZ,千方科技,深交所,CNY,7.83,2026-08-07,5.25,12.075,24.15,基本合理,0.49142857,-0.3515528,2026-08-04,2026,395047053.75,2,ana-data/result/股票估值/20260805_transinfo_valuation/千方科技价格合理性评估_20260804.md,未识别估值泡沫,-35.16,-67.58,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,11.38,-12.42,1.70,1.0249,103
002383.SZ,合众思壮,深交所,CNY,6.99,2026-08-07,2.027703,3.649865,6.083108,明显偏贵,2.44725041,0.91513933,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002383_valuation/合众思壮价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,91.51,14.91,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿91.5%，主要在交易盈利修复，并押注公开产品与服务覆盖高精度定位、导航、授时、北斗智能终端和多类行业解决方案。 当前价还高于乐观情景上沿14.9%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,业务覆盖多个民用行业，不能将公司整体收入或北斗应用全量归入无人化军工,2.79,-27.11,-4.18,0.7859,103
002384.SZ,东山精密,深交所,CNY,195.27,2026-08-07,81.585,187.6455,375.291,偏贵,1.39345468,0.04063247,2026-08-04,2026,7115795261.82,12,ana-data/result/股票估值/20260804_dongshan_precision_valuation/东山精密价格合理性评估_20260804.md,泡沫-轻,4.06,-47.97,半导体国产替代、AI算力或先进封装预期,轻度乐观预期,价格高于基准合理区间上沿4.1%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注AI及消费电子PCB需求、客户新品和产能利用率。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户集中、消费电子周期和海外扩产,-25.28,-11.54,-13.09,0.8568,103
002389.SZ,航天彩虹,深交所,CNY,18.47,2026-08-07,4.68,10.764,20.40675,偏贵,2.9465812,0.71590487,2026-08-04,2026,192058624.095,4,ana-data/result/股票估值/20260805_casc_rainbow_valuation/航天彩虹价格合理性评估_20260804.md,泡沫-高,71.59,-9.49,军工、商业航天或低空经济主题溢价,乐观情景被大幅提前资本化,价格高于基准合理区间上沿71.6%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注无人机订单交付、出口和膜业务改善。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,项目验收、出口政策和民品拖累,4.00,-17.73,-1.20,1.2797,103
002402.SZ,和而泰,深交所,CNY,21.48,2026-08-07,12.3525,29.463,55.9797,基本合理,0.73891925,-0.27095001,2026-08-06,2026,846044030.775,4,ana-data/result/股票估值/20260806_defense_002402_valuation/和而泰价格合理性评估_20260806.md,未识别估值泡沫,-27.10,-61.63,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-10.24,-34.95,-13.46,0.6862,103
002405.SZ,四维图新,深交所,CNY,6.64,2026-08-07,3.715574,6.688034,11.146723,基本合理,0.78707247,-0.00718208,2026-08-06,2026,-349843053.815,4,ana-data/result/股票估值/20260806_defense_002405_valuation/四维图新价格合理性评估_20260806.md,未识别估值泡沫,-0.72,-40.43,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,4.08,-31.33,-9.67,0.8836,103
002406.SZ,远东传动,深交所,CNY,6.76,2026-08-07,3.915,10.15,19.285,基本合理,0.72669221,-0.33399015,2026-08-06,2026,211765273.78,1,ana-data/result/股票估值/20260806_defense_002406_valuation/远东传动价格合理性评估_20260806.md,未识别估值泡沫,-33.40,-64.95,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-0.73,-16.34,-6.54,0.3014,103
002409.SZ,雅克科技,深交所,CNY,148.78,2026-08-07,52.958333,129.924444,250.104556,偏贵,1.80937846,0.14512709,2026-08-04,2026,1344231286.084233,9,ana-data/result/股票估值/20260804_yacoo_valuation/雅克科技价格合理性评估_20260804.md,泡沫-轻,14.51,-40.51,半导体国产替代、AI算力或先进封装预期,轻度乐观预期,价格高于基准合理区间上沿14.5%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注前驱体、电子特气等材料放量和产品结构。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,商誉、客户认证和材料价格波动,-28.81,44.10,0.25,0.9141,103
002413.SZ,雷科防务,深交所,CNY,9.17,2026-08-07,2.992139,4.986899,7.480349,明显偏贵,2.06469719,0.83881807,2026-08-04,,,0,ana-data/result/股票估值/20260805_radar_technology_valuation/雷科防务价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,83.88,22.59,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿83.9%，主要在交易盈利修复，并押注军品项目验收、雷达及通信产品订单。 当前价还高于乐观情景上沿22.6%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,盈利波动、军品验收和资产减值,2.00,-31.36,-5.22,1.1771,103
002414.SZ,高德红外,深交所,CNY,14.06,2026-08-07,6.96,16.008,30.3485,基本合理,1.02011494,-0.12168916,2026-08-04,2026,1238513471.32,4,ana-data/result/股票估值/20260805_guide_infrared_refresh_valuation/高德红外价格合理性评估_20260804.md,未识别估值泡沫,-12.17,-53.67,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,5.63,-5.57,5.50,1.0822,103
002436.SZ,兴森科技,深交所,CNY,33.8,2026-08-07,3.413571,8.142,15.4698,明显偏贵,8.90165431,3.15131417,2026-08-06,2026,429774600.929757,8,ana-data/result/股票估值/20260806_defense_002436_valuation/兴森科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,315.13,118.49,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿315.1%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注公开产品覆盖高多层PCB、软硬结合板、HDI板、类载板、ATE半导体测试板及多类封装基板。 当前价还高于乐观情景上沿118.5%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工电子独立业务；不以高可靠、半导体或潜在用途将公司整体业务军工化,-23.96,-1.14,-12.87,0.6146,103
002438.SZ,江苏神通,深交所,CNY,13.99,2026-08-07,9.153,21.8316,41.48004,基本合理,0.52846061,-0.35918577,2026-08-06,2026,344110398.558,5,ana-data/result/股票估值/20260806_defense_002438_valuation/江苏神通价格合理性评估_20260806.md,未识别估值泡沫,-35.92,-66.27,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,5.35,-19.18,-5.86,2.2118,103
002446.SZ,盛路通信,深交所,CNY,9.2,2026-08-07,1.004819,2.068745,3.97199,明显偏贵,8.15587782,3.44714066,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002446_valuation/盛路通信价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,344.71,131.62,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿344.7%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注微波电子产品包括微波器件、微波组件、分机子系统及多功能芯片。 当前价还高于乐观情景上沿131.6%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开频段、性能、系统功能、客户、型号、任务、数量或交付；民用通信与微波电子收入需分开理解,-11.03,-16.97,-5.86,0.7294,103
002448.SZ,中原内配,深交所,CNY,12.15,2026-08-07,12.6225,30.107,57.2033,偏低,-0.03743316,-0.59643937,2026-08-06,2026,550163019.01,4,ana-data/result/股票估值/20260806_defense_002448_valuation/中原内配价格合理性评估_20260806.md,未识别估值泡沫,-59.64,-78.76,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,4.38,-24.20,-3.04,1.0282,103
002460.SZ,赣锋锂业,深交所,CNY,52.82,2026-08-07,39.4875,100.9125,197.7885,基本合理,0.33763849,-0.47657624,2026-08-04,2026,7359397358.04,11,ana-data/result/股票估值/20260805_ganfeng_lithium_valuation/赣锋锂业价格合理性评估_20260804.md,未识别估值泡沫,-47.66,-73.29,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-5.66,-36.35,-16.21,0.6025,103
002463.SZ,沪电股份,深交所,CNY,125.87,2026-08-07,67.630263,155.549605,314.555868,基本合理,0.86114905,-0.19080476,2026-08-04,2026,5784231663.055911,19,ana-data/result/股票估值/20260804_wus_printed_circuit_valuation/沪电股份价格合理性评估_20260804.md,未识别估值泡沫,-19.08,-59.98,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-8.32,11.80,-0.48,0.7170,103
002465.SZ,海格通信,深交所,CNY,10.85,2026-08-07,2.4,5.52,10.465,明显偏贵,3.52083333,0.96557971,2026-08-06,2026,248183394.8,4,ana-data/result/股票估值/20260806_defense_002465_valuation/海格通信价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,96.56,3.68,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿96.6%，主要在交易盈利修复，并押注公开产品与服务覆盖短波/超短波、卫星通信、数字集群、数据链、多模终端、北斗芯片模块终端及系统集成。 当前价还高于乐观情景上沿3.7%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,业务覆盖军警民与多行业市场；不从产品谱系反推具体客户、型号、能力或部署,-12.99,-34.00,-17.11,0.4159,103
002472.SZ,双环传动,深交所,CNY,39.28,2026-08-07,28.325,63.173333,124.3725,基本合理,0.38676081,-0.37821865,2026-08-04,2026,1459162704.600283,9,ana-data/result/股票估值/20260805_shuanghuan_valuation/双环传动价格合理性评估_20260804.md,未识别估值泡沫,-37.82,-68.42,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-7.62,-6.99,-4.40,0.5849,103
002483.SZ,润邦股份,深交所,CNY,5.16,2026-08-07,5.582788,12.771083,24.265058,偏低,-0.07573062,-0.59596222,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002483_valuation/润邦股份价格合理性评估_20260806.md,未识别估值泡沫,-59.60,-78.73,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,5.09,-19.37,-3.57,1.1283,103
002490.SZ,山东墨龙,深交所,CNY,7.77,2026-08-07,0.631363,1.136453,1.894089,明显偏贵,11.30670787,5.83706233,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002490_valuation/山东墨龙价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,583.71,310.22,资源品稀缺性或周期高景气外推,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿583.7%，主要在提前交易资源品稀缺性或周期高景气外推，具体押注公开产品包括石油钻采机械装备、石油天然气输送装备和油气开采装备。 当前价还高于乐观情景上沿310.2%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,1.30,-19.15,1.24,0.8651,103
002519.SZ,银河电子,深交所,CNY,5.54,2026-08-07,1.968847,3.543925,5.906542,偏贵,1.81382962,0.5632385,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002519_valuation/银河电子价格合理性评估_20260806.md,泡沫-高,56.32,-6.21,盈利修复或扭亏预期提前定价,乐观情景被大幅提前资本化,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿56.3%，主要在交易盈利修复，并押注公开特种装备产品包括技术保障装备、智能供配电系统、综合电子信息系统和综合环境控制系统。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开具体军种、车辆型号、舱室、系统参数、任务、数量或交付,1.28,-34.52,-8.84,0.7179,103
002520.SZ,日发精机,深交所,CNY,5.77,2026-08-07,0.394572,0.710229,1.183715,明显偏贵,13.62344008,7.12414024,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002520_valuation/日发精机价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,712.41,387.45,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿712.4%，主要在交易盈利修复，并押注年报第16页按行业披露航空航天制造业与航空航天服务业收入，按产品披露航空航天智能装备及产线、航空航天零部件加工和固定翼工程、运营及租售。 当前价还高于乐观情景上沿387.4%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,公司整体收入和研发不等同航空分部；不展开客户、平台、型号、参数、任务、数量、产能或交付,-13.49,-13.88,-8.85,0.4105,103
002527.SZ,新时达,深交所,CNY,11.83,2026-08-07,1.875923,3.376662,5.62777,明显偏贵,5.30622899,2.50345993,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002527_valuation/新时达价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,250.35,110.21,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿250.3%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注公开业务包括电梯控制、机器人、通用控制与驱动产品及系统。 当前价还高于乐观情景上沿110.2%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,0.42,-12.31,-7.93,0.3840,103
002544.SZ,普天科技,深交所,CNY,16.82,2026-08-07,1.6875,3.9375,7.56,明显偏贵,8.96740741,3.27174603,2026-08-06,2026,61248050.1,1,ana-data/result/股票估值/20260806_defense_002544_valuation/普天科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,327.17,122.49,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿327.2%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注公开业务包括通信信息技术服务、通信网络产品、通信工程总承包、通信与信息工程监理和数据治理服务与产品。 当前价还高于乐观情景上沿122.5%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,目标赛道为通信信息化相邻入口；不把多行业通信业务整体归入航天军工,-2.04,-38.97,-11.76,0.7911,103
002552.SZ,宝鼎科技,深交所,CNY,47.6,2026-08-07,6.889081,15.759335,29.942736,明显偏贵,5.90948473,2.02043202,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002552_valuation/宝鼎科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,202.04,58.97,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿202.0%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品为电子铜箔和覆铜板，应用领域包括通信、消费电子、汽车电子、医疗电子、物联网和航天军工等。 当前价还高于乐观情景上沿59.0%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,目标链条未获主源证明，按相邻材料入口保留；不把潜在用途或公司整体收入军工化,-26.25,36.74,-9.76,0.5129,103
002555.SZ,三七互娱,深交所,CNY,19.79,2026-08-07,16.821769,37.811477,73.650182,基本合理,0.17645178,-0.47661394,2026-08-06,2026,3162494321.246722,22,ana-data/result/股票估值/20260806_thirtyseven_interactive_valuation/三七互娱价格合理性评估_20260806.md,未识别估值泡沫,-47.66,-73.13,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,5.72,-7.61,3.86,1.3332,103
002560.SZ,通达股份,深交所,CNY,6.38,2026-08-07,5.4675,13.041,24.7779,基本合理,0.16689529,-0.51077371,2026-08-06,2026,212924120.85,2,ana-data/result/股票估值/20260806_defense_002560_valuation/通达股份价格合理性评估_20260806.md,未识别估值泡沫,-51.08,-74.25,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-6.31,-50.54,-17.20,0.5424,103
002594.SZ,比亚迪,深交所,CNY,90.04,2026-08-07,74.683,166.565721,327.926264,基本合理,0.20562913,-0.45943259,2026-08-04,2026,41266646408.89886,33,ana-data/result/股票估值/20260805_byd_valuation/比亚迪价格合理性评估_20260804.md,未识别估值泡沫,-45.94,-72.54,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,3.65,-8.68,-0.91,1.0354,103
002625.SZ,光启技术,深交所,CNY,30.47,2026-08-07,9.1875,19.7225,37.8672,偏贵,2.31646259,0.54493599,2026-08-06,2026,1055748052.38,2,ana-data/result/股票估值/20260806_defense_002625_valuation/光启技术价格合理性评估_20260806.md,泡沫-高,54.49,-19.53,半导体国产替代、AI算力或先进封装预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿54.5%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注公开产品包括超材料功能结构件及高分子材料、功能预浸料、复合材料结构件等中间产品，并提供相关设计研制服务。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,公开信息经过脱密汇总；不得拼接型号、能力参数、客户、产能、数量或交付,3.08,-27.78,-9.44,0.5495,103
002651.SZ,利君股份,深交所,CNY,7.73,2026-08-07,0.759582,1.563845,3.002583,明显偏贵,9.17664979,3.94294511,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002651_valuation/利君股份价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,394.29,157.45,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿394.3%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注航空航天零部件业务包括工装模具、数控精密零件、钣金零件和部组件装配等公开高层级产品与服务。 当前价还高于乐观情景上沿157.4%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开报告中的具体机型、客户、工艺参数、任务、数量、产能或交付；公司整体收入不等同航空分部,4.88,-20.39,-2.07,0.8586,103
002664.SZ,信质集团,深交所,CNY,16.65,2026-08-07,10.8,28.0,53.2,基本合理,0.54166667,-0.40535714,2026-08-06,2026,326560000.0,1,ana-data/result/股票估值/20260806_defense_002664_valuation/信质集团价格合理性评估_20260806.md,未识别估值泡沫,-40.54,-68.70,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-4.31,-28.36,-8.71,0.7364,103
002669.SZ,康达新材,深交所,CNY,12.32,2026-08-07,5.805,15.05,28.595,基本合理,1.12230835,-0.18139535,2026-08-06,2026,130462000.0,1,ana-data/result/股票估值/20260806_defense_002669_valuation/康达新材价格合理性评估_20260806.md,未识别估值泡沫,-18.14,-56.92,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-11.68,-14.33,-16.06,0.3301,103
002683.SZ,广东宏大,深交所,CNY,28.18,2026-08-07,32.039062,68.777188,132.0522,偏低,-0.12044866,-0.59027112,2026-08-06,2026,1298653839.56125,8,ana-data/result/股票估值/20260806_defense_002683_valuation/广东宏大价格合理性评估_20260806.md,未识别估值泡沫,-59.03,-78.66,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-0.56,-30.66,-6.61,0.7035,103
002709.SZ,天赐材料,深交所,CNY,39.33,2026-08-07,37.141544,94.917279,186.037868,基本合理,0.05892205,-0.5856392,2026-08-04,2026,6730251640.117047,18,ana-data/result/股票估值/20260805_capchem_valuation/天赐材料价格合理性评估_20260804.md,未识别估值泡沫,-58.56,-78.86,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-5.14,-32.10,-16.34,0.5345,103
002738.SZ,中矿资源,深交所,CNY,53.14,2026-08-07,35.701875,91.238125,178.826725,基本合理,0.48843723,-0.41756804,2026-08-04,2026,2862068089.574375,16,ana-data/result/股票估值/20260804_sinomine_resource_valuation/中矿资源价格合理性评估_20260804.md,未识别估值泡沫,-41.76,-70.28,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-0.09,-34.53,-8.04,0.6448,103
002747.SZ,埃斯顿,深交所,CNY,35.13,2026-08-07,6.4,14.72,29.194667,明显偏贵,4.4890625,1.38654891,2026-08-04,2026,206463669.973011,3,ana-data/result/股票估值/20260805_estun_valuation/埃斯顿价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,138.65,20.33,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿138.7%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注机器人销量、国产替代、集成业务质量和费用率。 当前价还高于乐观情景上沿20.3%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,盈利质量、商誉、价格竞争和高估值,-15.41,45.17,3.58,0.8505,103
002773.SZ,康弘药业,深交所,CNY,22.75,2026-08-07,26.662945,65.593125,132.643875,偏低,-0.14675592,-0.65316487,2026-08-04,2026,1167781153.695,3,ana-data/result/股票估值/20260804_conba_hongri_valuation/康弘药业价格合理性评估_20260804.md,未识别估值泡沫,-65.32,-82.85,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,3.98,-1.56,6.63,0.9413,103
002792.SZ,通宇通讯,深交所,CNY,37.19,2026-08-07,2.97,7.084,14.168,明显偏贵,11.52188552,4.24985884,2026-08-04,2026,115243926.6,2,ana-data/result/股票估值/20260804_mobi_antenna_valuation/通宇通讯价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,424.99,162.49,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿425.0%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注运营商投资、卫星通信订单、产品结构和回款。 当前价还高于乐观情景上沿162.5%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,通信资本开支、客户集中和主题预期,13.49,-29.23,4.10,0.8409,103
002812.SZ,恩捷股份,深交所,CNY,53.7,2026-08-07,25.731,65.757,128.88372,基本合理,1.0869768,-0.1833569,2026-08-04,2026,2244471714.3696,17,ana-data/result/股票估值/20260805_semeda_valuation/恩捷股份价格合理性评估_20260804.md,未识别估值泡沫,-18.34,-58.33,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-9.49,-34.05,-14.77,0.5295,103
002819.SZ,东方中科,深交所,CNY,20.58,2026-08-07,8.989465,16.181038,26.968396,偏贵,1.28934647,0.27185907,2026-08-06,2026,-8988303.0,1,ana-data/result/股票估值/20260806_defense_002819_valuation/东方中科价格合理性评估_20260806.md,泡沫-中,27.19,-23.69,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿27.2%，主要在交易盈利修复，并押注为多行业提供电子测量仪器、测试应用解决方案及数字安全与保密相关服务。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,业务覆盖航空航天等多行业并不等同军工测试分部；不反向识别客户、设备、任务、参数或测试结果,1.78,-26.84,-6.89,0.6133,103
002829.SZ,星网宇达,深交所,CNY,20.82,2026-08-07,7.450677,13.411219,22.352032,偏贵,1.79437694,0.55243159,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002829_valuation/星网宇达价格合理性评估_20260806.md,泡沫-高,55.24,-6.85,盈利修复或扭亏预期提前定价,乐观情景被大幅提前资本化,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿55.2%，主要在交易盈利修复，并押注公开产品包括惯性导航、光电探测、安防雷达、卫星通信，以及无人机、无人车、无人船和反无系统等高层级类别。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,军民两用产品并存；不得拼接具体客户、平台、型号、性能、部署、数量或订单,17.43,-11.25,0.40,0.8117,103
002850.SZ,科达利,深交所,CNY,183.9,2026-08-07,142.514625,317.8508,625.768763,基本合理,0.29039388,-0.42142666,2026-08-04,2026,2473122595.79325,21,ana-data/result/股票估值/20260805_kedali_valuation/科达利价格合理性评估_20260804.md,未识别估值泡沫,-42.14,-70.61,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-8.18,-6.42,-2.68,0.5952,103
002859.SZ,洁美科技,深交所,CNY,70.51,2026-08-07,21.72,49.956,99.912,偏贵,2.24631676,0.41144207,2026-08-04,2026,469195401.731558,7,ana-data/result/股票估值/20260804_jiemei_technology_valuation/洁美科技价格合理性评估_20260804.md,泡沫-中,41.14,-29.43,业务增长、订单兑现和利润率改善预期,乐观情景提前定价,价格高于基准合理区间上沿41.1%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注被动元件景气、载带销量、高端膜材放量和良率。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本98日）,消费电子周期、客户验证和扩产,-14.88,36.78,-6.83,0.7351,98
002869.SZ,金溢科技,深交所,CNY,15.83,2026-08-07,13.67472,22.7912,34.186799,基本合理,0.15761054,-0.30543368,2026-08-04,,,0,ana-data/result/股票估值/20260805_genvict_valuation/金溢科技价格合理性评估_20260804.md,未识别估值泡沫,-30.54,-53.70,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,4.14,-22.67,-7.26,0.9673,103
002896.SZ,中大力德,深交所,CNY,78.97,2026-08-07,14.28,32.844,65.1406,明显偏贵,4.53011204,1.40439654,2026-08-04,2026,93544790.92,5,ana-data/result/股票估值/20260805_zhongda_leader_valuation/中大力德价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,140.44,21.23,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿140.4%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注减速器销量、自动化需求和机器人产品放量。 当前价还高于乐观情景上沿21.2%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,机器人主题估值、竞争和产能爬坡,5.86,0.43,3.47,1.2152,103
002916.SZ,深南电路,深交所,CNY,382.63,2026-08-07,179.325,412.4475,834.0605,基本合理,1.13372369,-0.07229405,2026-08-04,2026,5428897762.15,18,ana-data/result/股票估值/20260804_shennan_circuits_valuation/深南电路价格合理性评估_20260804.md,未识别估值泡沫,-7.23,-54.12,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-13.54,9.79,-0.12,0.7456,103
002917.SZ,金奥博,深交所,CNY,10.6,2026-08-07,7.71399,17.646382,33.528126,基本合理,0.37412675,-0.39931029,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002917_valuation/金奥博价格合理性评估_20260806.md,未识别估值泡沫,-39.93,-68.38,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,5.26,-24.39,-8.19,0.6102,103
002921.SZ,联诚精密,深交所,CNY,23.08,2026-08-07,8.803166,15.845699,26.409498,偏贵,1.62178403,0.45654666,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002921_valuation/联诚精密价格合理性评估_20260806.md,泡沫-中,45.65,-12.61,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿45.7%，主要在交易盈利修复，并押注公开产品为面向多类高端制造领域的精密机械零部件。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-15.95,-23.40,-8.40,0.9449,103
002933.SZ,新兴装备,深交所,CNY,26.83,2026-08-07,1.910553,3.933491,7.552302,明显偏贵,13.04305455,5.82091303,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002933_valuation/新兴装备价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,582.09,255.26,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿582.1%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品包括机载悬挂/发射装置、飞机信息管理与记录系统和外挂封严装置。 当前价还高于乐观情景上沿255.3%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；不识别客户、型号、采购计划、价格或交付,4.80,-14.12,-1.77,0.6726,103
002935.SZ,天奥电子,深交所,CNY,16.92,2026-08-07,4.00563,8.835949,16.751487,明显偏贵,3.22405464,0.91490467,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002935_valuation/天奥电子价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,91.49,1.01,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿91.5%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品包括原子钟、晶体器件、射频组件、时频板卡/模块、同步设备及北斗授时定位产品。 当前价还高于乐观情景上沿1.0%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；只保留公开产品类别与应用范围，不识别客户、项目、性能或部署,-19.27,-22.06,-12.33,0.5786,103
002965.SZ,祥鑫科技,深交所,CNY,33.42,2026-08-07,1.645926,3.765191,7.153863,明显偏贵,19.30467955,7.87604374,2026-08-06,,,1,ana-data/result/股票估值/20260806_defense_002965_valuation/祥鑫科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,787.60,367.16,新能源、储能或电动化成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿787.6%，主要在提前交易新能源、储能或电动化成长预期，具体押注公开产品包括精密冲压模具、动力电池箱体、汽车车身与底盘结构件、热交换部件及光伏储能和通信结构件。 当前价还高于乐观情景上沿367.2%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,仅按相邻结构件入口保留；不以认证、股东背景或潜在用途把公司整体业务归为航空军工,-34.79,-5.99,-17.70,0.9421,103
002967.SZ,广电计量,深交所,CNY,17.25,2026-08-07,18.847059,43.348235,82.181029,偏低,-0.08473784,-0.60205992,2026-08-06,2026,500452197.599963,17,ana-data/result/股票估值/20260806_defense_002967_valuation/广电计量价格合理性评估_20260806.md,未识别估值泡沫,-60.21,-79.01,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-4.64,-22.44,-7.93,0.4522,103
002977.SZ,ST天箭,深交所,CNY,21.97,2026-08-07,7.080617,12.745111,21.241852,明显偏贵,2.10283694,0.72379825,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002977_valuation/ST天箭价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,72.38,3.43,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿72.4%，主要在交易盈利修复，并押注公开产品类别包括固态发射机和相控阵产品。 当前价还高于乐观情景上沿3.4%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本102日）,涉及脱密或高层级披露时，只保留法定年报概括，不展开客户、型号、参数、数量或能力,-6.83,-28.74,-9.69,0.5249,102
002979.SZ,雷赛智能,深交所,CNY,60.82,2026-08-07,20.094643,49.298857,94.9003,偏贵,2.02667731,0.2337,2026-08-04,2026,338702546.59991,7,ana-data/result/股票估值/20260805_leadshine_valuation/雷赛智能价格合理性评估_20260804.md,泡沫-中,23.37,-35.91,机器人、自动化或智能制造成长预期,乐观情景提前定价,价格高于基准合理区间上沿23.4%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注工业自动化需求、伺服渗透和机器人业务。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,制造业资本开支和机器人预期兑现,-6.63,14.84,5.19,0.8495,103
002980.SZ,华盛昌,深交所,CNY,82.79,2026-08-07,18.36,47.6,90.44,偏贵,3.50925926,0.73928571,2026-08-06,2026,257585577.6,1,ana-data/result/股票估值/20260806_defense_002980_valuation/华盛昌价格合理性评估_20260806.md,泡沫-高,73.93,-8.46,半导体国产替代、AI算力或先进封装预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿73.9%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注公司布局光通信测试设备，面向高速光模块、硅光芯片和共封装光学场景提供研发验证与量产测试解决方案。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-15.98,-3.80,-19.65,0.5389,103
002984.SZ,森麒麟,深交所,CNY,14.17,2026-08-07,28.6875,61.5825,118.2384,偏低,-0.50605664,-0.76990216,2026-08-06,2026,1585057704.84,13,ana-data/result/股票估值/20260806_defense_002984_valuation/森麒麟价格合理性评估_20260806.md,未识别估值泡沫,-76.99,-88.02,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,5.75,-12.37,-2.11,0.8753,103
002985.SZ,北摩高科,深交所,CNY,26.0,2026-08-07,18.768,43.1664,81.8363,基本合理,0.38533674,-0.39767968,2026-08-04,2026,259509515.2,5,ana-data/result/股票估值/20260805_beimo_valuation/北摩高科价格合理性评估_20260804.md,未识别估值泡沫,-39.77,-68.23,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,1.80,-26.43,-7.59,0.6894,103
003008.SZ,开普检测,深交所,CNY,18.49,2026-08-07,14.715,38.15,72.485,基本合理,0.25654094,-0.51533421,2026-08-06,2026,113360000.0,1,ana-data/result/股票估值/20260806_defense_003008_valuation/开普检测价格合理性评估_20260806.md,未识别估值泡沫,-51.53,-74.49,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,7.50,-19.96,-0.67,0.7610,103
003009.SZ,中天火箭,深交所,CNY,50.67,2026-08-07,4.56,11.4,21.6125,明显偏贵,10.11184211,3.44473684,2026-08-04,2026,31296309.42,1,ana-data/result/股票估值/20260804_zhongtian_rocket_valuation/中天火箭价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,344.47,134.45,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿344.5%，主要在交易盈利修复，并押注军品订单、型号任务、民品销量和项目验收。 当前价还高于乐观情景上沿134.4%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,军品订单波动、项目验收和盈利基数低,-8.09,-22.64,-8.99,0.5281,103
003021.SZ,兆威机电,深交所,CNY,81.15,2026-08-07,40.13,92.299,183.059683,基本合理,1.02217792,-0.12079221,2026-08-04,2026,357911778.416756,5,ana-data/result/股票估值/20260805_zhaowei_valuation/兆威机电价格合理性评估_20260804.md,未识别估值泡沫,-12.08,-55.67,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-6.62,-20.63,-11.88,0.4805,103
300007.SZ,汉威科技,深交所,CNY,35.26,2026-08-07,2.701183,6.179176,11.740434,明显偏贵,12.05353987,4.70626245,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300007_valuation/汉威科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,470.63,200.33,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿470.6%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注传感器产品覆盖气体、压力、流量、温湿度、光电、惯性和柔性等公开类别。 当前价还高于乐观情景上沿200.3%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工试验检测独立分部；不展开客户、设施、对象、任务、参数、数据、数量或结果,-5.11,-23.13,-10.28,0.6175,103
300008.SZ,天海防务,深交所,CNY,6.22,2026-08-07,4.84167,11.4,21.6125,基本合理,0.2846807,-0.45438596,2026-08-04,2026,328325535.27,1,ana-data/result/股票估值/20260805_bestway_marine_valuation/天海防务价格合理性评估_20260804.md,未识别估值泡沫,-45.44,-71.22,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,4.36,-22.15,-2.74,0.8350,103
300011.SZ,鼎汉技术,深交所,CNY,5.92,2026-08-07,2.496096,4.492972,7.488287,偏贵,1.37170365,0.31761337,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300011_valuation/鼎汉技术价格合理性评估_20260806.md,泡沫-中,31.76,-20.94,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿31.8%，主要在交易盈利修复，并押注公开产品体系包含地面电气装备。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,3.68,-17.78,-3.65,0.5498,103
300012.SZ,华测检测,深交所,CNY,14.04,2026-08-07,16.8,38.64,73.255,偏低,-0.16428571,-0.63664596,2026-08-06,2026,1177979749.8,18,ana-data/result/股票估值/20260806_defense_300012_valuation/华测检测价格合理性评估_20260806.md,未识别估值泡沫,-63.66,-80.83,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,4.15,-11.75,-0.97,0.9492,103
300034.SZ,钢研高纳,深交所,CNY,16.02,2026-08-07,6.88,15.824,29.999667,偏贵,1.32848837,0.01238625,2026-08-04,2026,228462314.726932,3,ana-data/result/股票估值/20260805_cisri_gaona_valuation/钢研高纳价格合理性评估_20260804.md,泡沫-轻,1.24,-46.60,军工、商业航天或低空经济主题溢价,轻度乐观预期,价格高于基准合理区间上沿1.2%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注航空航天订单、产能释放和产品结构。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,军品验收、扩产和原料价格,-0.80,-23.79,-7.24,0.6104,103
300036.SZ,超图软件,深交所,CNY,11.68,2026-08-07,5.44,12.512,23.720667,基本合理,1.14705882,-0.06649616,2026-08-06,2026,111693766.520164,3,ana-data/result/股票估值/20260806_defense_300036_valuation/超图软件价格合理性评估_20260806.md,未识别估值泡沫,-6.65,-50.76,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,7.16,-24.60,-3.87,1.0384,103
300045.SZ,华力创通,深交所,CNY,13.52,2026-08-07,2.28924,4.120632,6.86772,明显偏贵,4.90589016,2.28105009,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300045_valuation/华力创通价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,228.11,96.86,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿228.1%，主要在交易盈利修复，并押注公开产品与服务包括卫星导航与通信器件/终端、机电仿真测试、信号处理和无人系统相关方案。 当前价还高于乐观情景上沿96.9%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；卫星应用、仿真、信号处理与无人系统合并，不识别客户、型号、能力或部署,-18.46,-47.10,-22.27,0.5605,103
300053.SZ,航宇微,深交所,CNY,13.26,2026-08-07,2.02938,3.652885,6.088141,明显偏贵,5.53401532,2.63000751,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300053_valuation/航宇微价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,263.00,117.80,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿263.0%，主要在交易盈利修复，并押注公开产品边界包括嵌入式处理芯片/模块、航空与宇航电子系统、人工智能及卫星数据应用。 当前价还高于乐观情景上沿117.8%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；多业务合并口径，不把卫星或芯片业务整体归入军工,-16.71,-35.16,-13.89,0.6769,103
300054.SZ,鼎龙股份,深交所,CNY,77.74,2026-08-07,21.280312,52.2077,100.499823,偏贵,2.65314193,0.48905238,2026-08-04,2026,1083302692.912,20,ana-data/result/股票估值/20260804_dinglong_valuation/鼎龙股份价格合理性评估_20260804.md,泡沫-中,48.91,-22.65,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿48.9%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注CMP材料放量、产品结构和存量业务现金流。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,可转债及期权行权、客户验证和扩产,-19.01,5.93,-1.61,0.7991,103
300065.SZ,海兰信,深交所,CNY,17.16,2026-08-07,1.125,2.625,5.04,明显偏贵,14.25333333,5.53714286,2026-08-06,2026,43229670.18,1,ana-data/result/股票估值/20260806_defense_300065_valuation/海兰信价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,553.71,240.48,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿553.7%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品包括海洋传感器、测绘声呐、水下工程装备、船舶导航、雷达和通信系统。 当前价还高于乐观情景上沿240.5%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2 轻量卡；海洋业务包含广泛民用场景，不能整体归入军工,-28.47,-30.95,-15.13,0.5887,103
300084.SZ,海默科技,深交所,CNY,12.45,2026-08-07,2.484728,4.47251,7.454184,明显偏贵,4.01060881,1.78367181,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300084_valuation/海默科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,178.37,67.02,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿178.4%，主要在交易盈利修复，并押注多相计量产品用于油气井油、气、水流量与组分测量，公开应用覆盖陆地油田、海上钻井平台和海洋油田水下安装。 当前价还高于乐观情景上沿67.0%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,海洋油气装备不等同军用舰船装备；不展开客户、井位、平台、任务、参数、数量、部署或交付,4.10,-8.39,6.31,0.8374,103
300091.SZ,ST金灵,深交所,CNY,2.52,2026-08-07,0.45676,0.822168,1.37028,明显偏贵,4.51712059,2.06506699,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300091_valuation/ST金灵价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,206.51,83.90,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿206.5%，主要在交易盈利修复，并押注产品线覆盖工业鼓风机、离心空气压缩机、新型高效蒸汽轮机和工业锅炉。 当前价还高于乐观情景上沿83.9%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-5.97,-17.92,-6.20,0.4696,103
300092.SZ,科新机电,深交所,CNY,11.41,2026-08-07,6.21,16.1,30.59,基本合理,0.8373591,-0.29130435,2026-08-06,2026,126004704.66,1,ana-data/result/股票估值/20260806_defense_300092_valuation/科新机电价格合理性评估_20260806.md,未识别估值泡沫,-29.13,-62.70,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,1.33,-33.16,-9.47,0.7837,103
300098.SZ,高新兴,深交所,CNY,4.67,2026-08-07,1.828251,3.047084,4.570627,明显偏贵,1.55435386,0.53261282,2026-08-04,,,0,ana-data/result/股票估值/20260805_gosuncn_valuation/高新兴价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,53.26,2.17,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿53.3%，主要在交易盈利修复，并押注车联网项目、模组销量和费用控制。 当前价还高于乐观情景上沿2.2%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,持续盈利能力、应收账款和重组预期,5.90,-23.57,-4.95,0.9795,103
300100.SZ,双林股份,深交所,CNY,23.44,2026-08-07,14.58,34.776,66.0744,基本合理,0.60768176,-0.32597193,2026-08-06,2026,612434242.44,5,ana-data/result/股票估值/20260806_defense_300100_valuation/双林股份价格合理性评估_20260806.md,未识别估值泡沫,-32.60,-64.52,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-8.15,-24.36,-16.06,0.4265,103
300101.SZ,振芯科技,深交所,CNY,15.31,2026-08-07,0.200534,0.412865,0.7927,明显偏贵,75.34615576,36.08233926,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300101_valuation/振芯科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,3608.23,1831.37,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿3608.2%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注公开产品链条覆盖芯片、终端及系统应用，并包含北斗导航与智能化相关产品服务。 当前价还高于乐观情景上沿1831.4%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产品横跨行业级与消费级、多行业应用；公司整体收入不能全量归入航天装备,-2.23,-27.75,-5.69,0.7386,103
300112.SZ,万讯自控,深交所,CNY,8.91,2026-08-07,3.395076,6.111136,10.185227,偏贵,1.62438897,0.45799406,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300112_valuation/万讯自控价格合理性评估_20260806.md,泡沫-中,45.80,-12.52,盈利修复或扭亏预期提前定价,乐观情景提前定价；短期动量放大,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿45.8%，主要在交易盈利修复，并押注主要产品包括工业自动化仪表、民用仪表以及MEMS压力传感器和MEMS气体传感器。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 近20个交易日上涨49.0%，高于60日均线28.2%，短期动量可能放大估值溢价。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,49.00,4.95,28.23,2.7110,103
300115.SZ,长盈精密,深交所,CNY,28.02,2026-08-07,9.21375,21.9765,41.75535,偏贵,2.04110704,0.27499829,2026-08-05,2026,928804660.875,5,ana-data/result/股票估值/20260805_everwin_precision_valuation/长盈精密价格合理性评估_20260805.md,泡沫-中,27.50,-32.89,机器人、自动化或智能制造成长预期,乐观情景提前定价,价格高于基准合理区间上沿27.5%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注大客户新品、机器人和新能源业务放量、产能利用率。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户集中、消费电子周期和新业务兑现,-1.58,-23.36,-8.53,0.5727,103
300123.SZ,ST亚光,深交所,CNY,4.59,2026-08-07,0.305448,0.549806,0.916343,明显偏贵,14.02710772,7.34839925,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300123_valuation/ST亚光价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,734.84,400.90,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价；短期动量放大,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿734.8%，主要在交易盈利修复，并押注军工电子公开产品包括微波混合集成电路、小型标准化微封装器件等类别。 当前价还高于乐观情景上沿400.9%，说明市场计入了超过现有乐观模型的额外预期。 近20个交易日上涨20.2%，高于60日均线10.7%，短期动量可能放大估值溢价。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本102日）,军工电子与智能船艇合并，且公司整体收入不能全量归入舰船或海洋装备,20.16,-7.46,10.66,1.2605,102
300124.SZ,汇川技术,深交所,CNY,64.6,2026-08-07,36.829179,82.140229,161.713575,基本合理,0.75404399,-0.21354005,2026-08-04,2026,6043565403.288554,14,ana-data/result/股票估值/20260805_inovance_valuation/汇川技术价格合理性评估_20260804.md,未识别估值泡沫,-21.35,-60.05,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,0.44,-15.51,-5.71,0.5861,103
300139.SZ,晓程科技,深交所,CNY,48.0,2026-08-07,7.028435,16.07812,30.548428,明显偏贵,5.82940086,1.98542367,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300139_valuation/晓程科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,198.54,57.13,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价；短期动量放大,价格高于基准合理区间上沿198.5%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注集成电路产品包括XC7000B雷管芯片和XC7100数码工业电子雷管芯片，并形成智能矿山管理系统和光伏管理系统。 当前价还高于乐观情景上沿57.1%，说明市场计入了超过现有乐观模型的额外预期。 近20个交易日上涨28.9%，高于60日均线15.5%，短期动量可能放大估值溢价。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,28.89,-13.34,15.51,1.7980,103
300145.SZ,南方泵业,深交所,CNY,4.5,2026-08-07,2.025,5.25,9.975,基本合理,1.22222222,-0.14285714,2026-08-06,2026,288036305.4,1,ana-data/result/股票估值/20260806_defense_300145_valuation/南方泵业价格合理性评估_20260806.md,未识别估值泡沫,-14.29,-54.89,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-29.25,-14.61,-10.58,0.4232,103
300154.SZ,瑞凌股份,深交所,CNY,9.43,2026-08-07,1.81482,4.15155,7.887945,明显偏贵,4.1961076,1.27144079,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300154_valuation/瑞凌股份价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,127.14,19.55,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿127.1%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注主要产品包括逆变直流手工弧焊机、逆变氩弧焊机、逆变等离子切割机和机器人焊接系统集成。 当前价还高于乐观情景上沿19.5%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,2.84,-12.60,4.82,0.7343,103
300157.SZ,新锦动力,深交所,CNY,4.18,2026-08-07,0.191195,0.344151,0.573586,明显偏贵,20.8624964,11.14583134,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300157_valuation/新锦动力价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,1114.58,628.75,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿1114.6%，主要在交易盈利修复，并押注高端能源装备包括离心式压缩机、工业驱动汽轮机及其成套设备，并提供备件、大修、测试和成套服务。 当前价还高于乐观情景上沿628.7%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,8.29,-24.82,-2.80,1.0621,103
300159.SZ,新研股份,深交所,CNY,3.06,2026-08-07,0.849018,1.528232,2.547053,明显偏贵,2.60416387,1.00231378,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300159_valuation/新研股份价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,100.23,20.14,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿100.2%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注年报在同页公开农机板块从事中高端农牧机械研发、设计、生产与销售。 当前价还高于乐观情景上沿20.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本102日）,处于重整后经营阶段，且农牧机械与航空航天双主业并存；本批不把公司整体口径军工化,-1.92,-24.82,-13.93,1.1847,102
300164.SZ,通源石油,深交所,CNY,10.79,2026-08-07,2.339613,4.211303,7.018838,明显偏贵,3.61187384,1.56215238,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300164_valuation/通源石油价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,156.22,53.73,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿156.2%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注核心射孔业务提供泵送射孔桥射联作、常规射孔、复合射孔等技术服务和器材销售。 当前价还高于乐观情景上沿53.7%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,17.54,-13.54,6.61,1.2945,103
300165.SZ,天瑞仪器,深交所,CNY,5.24,2026-08-07,2.130433,3.83478,6.3913,偏贵,1.45959389,0.36644084,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300165_valuation/天瑞仪器价格合理性评估_20260806.md,泡沫-中,36.64,-18.01,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿36.6%，主要在交易盈利修复，并押注主要分析检测仪器包括光谱仪、色谱仪和质谱仪，应用场景覆盖在线检测、现场检测和实验室检测分析。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本102日）,分析检测仪器广泛应用不等同军工试验检测独立分部；不展开客户、设施、对象、任务、参数、样品、数据或结果,3.56,-30.60,-6.83,0.6406,102
300166.SZ,东方国信,深交所,CNY,14.32,2026-08-07,1.4175,3.381,6.4239,明显偏贵,9.10229277,3.2354333,2026-08-06,2026,119568303.54,2,ana-data/result/股票估值/20260806_defense_300166_valuation/东方国信价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,323.54,122.92,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿323.5%，主要在交易盈利修复，并押注技术产品覆盖数据采集、数据存储计算、数据分析挖掘和数据治理管控。 当前价还高于乐观情景上沿122.9%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-11.60,-29.07,-11.02,0.5455,103
300177.SZ,中海达,深交所,CNY,6.34,2026-08-07,1.696263,3.053273,5.088789,明显偏贵,2.73762795,1.07646024,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300177_valuation/中海达价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,107.65,24.59,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿107.6%，主要在交易盈利修复，并押注公开产品包括高精度定位接收终端、激光雷达系统、海洋探测设备及相关软件。 当前价还高于乐观情景上沿24.6%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不拼接精度、探测对象、数据范围、部署或具体客户；公司整体收入为多行业口径,5.67,-30.48,-6.08,0.8356,103
300185.SZ,通裕重工,深交所,CNY,2.8,2026-08-07,0.256535,0.586846,1.115007,明显偏贵,9.91469,3.77126878,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300185_valuation/通裕重工价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,377.13,151.12,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿377.1%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注大型锻件产品覆盖轴类、筒类和齿圈类锻件，船用产品包括大型船用轴系、舵系锻件，如中间轴、螺旋桨轴、舵杆和舵销。 当前价还高于乐观情景上沿151.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,船舶和海工应用不等同军用舰船独立业务；不展开客户、船型、部件参数、项目、数量、产能或交付,3.32,-17.89,-0.56,0.7783,103
300188.SZ,国投智能,深交所,CNY,11.18,2026-08-07,2.90449,5.228081,8.713469,明显偏贵,2.84921277,1.13845195,2026-08-06,2026,-335196150.9,1,ana-data/result/股票估值/20260806_defense_300188_valuation/国投智能价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,113.85,28.31,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿113.8%，主要在交易盈利修复，并押注公开产品覆盖电子数据取证、公共安全大数据、网络空间安全平台以及人工智能和行业数字化解决方案。 当前价还高于乐观情景上沿28.3%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,低空、人工智能和公共安全应用不自动等同军工无人装备；不反向识别客户、系统、部署或任务,12.02,-14.20,5.08,2.4809,103
300191.SZ,潜能恒信,深交所,CNY,33.6,2026-08-07,9.030053,20.656984,39.248269,偏贵,2.72090839,0.62656853,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300191_valuation/潜能恒信价格合理性评估_20260806.md,泡沫-高,62.66,-14.39,资源品稀缺性或周期高景气外推,乐观情景被大幅提前资本化；短期动量放大,价格高于基准合理区间上沿62.7%，主要在提前交易资源品稀缺性或周期高景气外推，具体押注业务包含油藏地震地质研究、油藏工程研究、海洋工程研究和老油田增产措施研究等公开高层服务类别。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 近20个交易日上涨19.1%，高于60日均线10.0%，短期动量可能放大估值溢价。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军用舰船或海洋装备独立业务；不展开具体区块、井位、平台、任务、参数、数量或交付,19.11,-6.04,9.95,1.4259,103
300200.SZ,高盟新材,深交所,CNY,8.72,2026-08-07,5.67,14.7,27.93,基本合理,0.53791887,-0.40680272,2026-08-04,2026,181008746.52,1,ana-data/result/股票估值/20260805_gaomeng_valuation/高盟新材价格合理性评估_20260804.md,未识别估值泡沫,-40.68,-68.78,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-12.01,-17.42,-9.29,0.3760,103
300201.SZ,海伦哲,深交所,CNY,15.93,2026-08-07,6.777,16.1644,30.71236,基本合理,1.35059761,-0.014501,2026-08-06,2026,506539890.714,5,ana-data/result/股票估值/20260806_defense_300201_valuation/海伦哲价格合理性评估_20260806.md,未识别估值泡沫,-1.45,-48.13,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-6.29,12.74,-6.02,0.5696,103
300213.SZ,佳讯飞鸿,深交所,CNY,6.33,2026-08-07,3.445915,6.202648,10.337746,偏贵,0.83695767,0.02053188,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300213_valuation/佳讯飞鸿价格合理性评估_20260806.md,泡沫-轻,2.05,-38.77,盈利修复或扭亏预期提前定价,轻度乐观预期,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿2.1%，主要在交易盈利修复，并押注公开平台与产品覆盖私有云、大数据、智能视觉、物联网以及行业指挥调度和智能应用等高层级类别。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,政府及国防行业收入为合并行业口径；不展开具体单位、系统、部署、项目、参数、数量或交付,6.39,-26.14,-5.46,1.0602,103
300215.SZ,电科院,深交所,CNY,6.24,2026-08-07,0.410149,0.904741,1.715238,明显偏贵,14.21398321,5.89700146,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300215_valuation/电科院价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,589.70,263.80,新能源、储能或电动化成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿589.7%，主要在提前交易新能源、储能或电动化成长预期，具体押注公开服务覆盖高低压电器、输变电装备、新能源设备、汽车电气、核电设备、防爆电气、环境可靠性和电磁兼容等检测校准。 当前价还高于乐观情景上沿263.8%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,检测服务覆盖电力、电器、新能源、核电等多领域；不识别具体军用检测对象或能力,0.97,-34.66,-10.98,0.4999,103
300227.SZ,光韵达,深交所,CNY,11.47,2026-08-07,2.452988,4.415378,7.358963,明显偏贵,3.67592993,1.59773908,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300227_valuation/光韵达价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,159.77,55.86,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价；短期动量放大,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿159.8%，主要在交易盈利修复，并押注主要产品包括激光应用服务、精密治具、智能装备、航空精密零部件、航空导管、增材制造、激光器和通信终端。 当前价还高于乐观情景上沿55.9%，说明市场计入了超过现有乐观模型的额外预期。 近20个交易日上涨13.9%，高于60日均线10.0%，短期动量可能放大估值溢价。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,13.90,-4.26,10.02,0.7698,103
300228.SZ,富瑞特装,深交所,CNY,7.4,2026-08-07,6.121495,14.003421,26.6065,基本合理,0.20885503,-0.4715577,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300228_valuation/富瑞特装价格合理性评估_20260806.md,未识别估值泡沫,-47.16,-72.19,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-2.12,-26.59,-5.84,0.6254,103
300252.SZ,金信诺,深交所,CNY,12.0,2026-08-07,3.325463,5.985834,9.97639,明显偏贵,2.60852008,1.00473318,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300252_valuation/金信诺价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,100.47,20.28,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿100.5%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注核心网产品覆盖4G/5G融合核心网、卫星互联网核心网、IMS及轻量化行业专网解决方案。 当前价还高于乐观情景上沿20.3%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开网络架构、性能、节点、客户、任务或部署；核心网产品占比很低，公司整体财务不能军工化,-16.14,-29.62,-18.11,0.4608,103
300258.SZ,精锻科技,深交所,CNY,10.23,2026-08-07,5.115,11.408,22.4595,基本合理,1.0,-0.10326087,2026-08-05,2026,181364645.33,2,ana-data/result/股票估值/20260805_precision_ts_valuation/精锻科技价格合理性评估_20260805.md,未识别估值泡沫,-10.33,-54.45,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-4.84,-24.50,-11.95,0.3511,103
300259.SZ,新天科技,深交所,CNY,4.56,2026-08-07,2.161863,4.945439,9.396334,基本合理,1.10929185,-0.07793828,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300259_valuation/新天科技价格合理性评估_20260806.md,未识别估值泡沫,-7.79,-51.47,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-15.87,-7.51,-17.32,0.5232,103
300260.SZ,新莱应材,深交所,CNY,59.28,2026-08-07,11.15625,27.37,52.68725,明显偏贵,4.31361345,1.16587505,2026-08-04,2026,242645017.44,2,ana-data/result/股票估值/20260804_kinglai_hygienic_valuation/新莱应材价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,116.59,12.51,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿116.6%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注半导体和生物医药客户扩产、销量与毛利率。 当前价还高于乐观情景上沿12.5%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,下游资本开支、原材料和客户认证周期,-37.60,0.14,-14.54,0.6746,103
300285.SZ,国瓷材料,深交所,CNY,70.88,2026-08-07,17.486,40.2178,80.4356,偏贵,3.05352854,0.76240371,2026-08-04,2026,830208883.634332,18,ana-data/result/股票估值/20260804_sinocera_valuation/国瓷材料价格合理性评估_20260804.md,泡沫-高,76.24,-11.88,业务增长、订单兑现和利润率改善预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿76.2%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注MLCC粉体、齿科和电子陶瓷销量、产品结构与良率。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,下游景气、扩产和新材料认证,-12.28,66.38,6.11,1.2556,103
300289.SZ,利德曼,深交所,CNY,5.87,2026-08-07,3.005718,5.410293,9.017154,偏贵,0.95294435,0.08496897,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300289_valuation/利德曼价格合理性评估_20260806.md,泡沫-轻,8.50,-34.90,盈利修复或扭亏预期提前定价,轻度乐观预期,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿8.5%，主要在交易盈利修复，并押注公开主要诊断仪器包括全自动化学发光免疫分析仪。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,10.75,-11.20,1.06,0.6472,103
300306.SZ,远方信息,深交所,CNY,9.61,2026-08-07,2.866549,6.557466,12.459185,偏贵,2.35246319,0.46550512,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300306_valuation/远方信息价格合理性评估_20260806.md,泡沫-中,46.55,-22.87,业务增长、订单兑现和利润率改善预期,乐观情景提前定价,价格高于基准合理区间上沿46.6%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品与服务包括智能光电检测信息系统和智能检测信息服务。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工检测分部；不因通用检测能力和潜在用途反向识别客户、任务、参数或结果,3.67,-23.67,-5.48,0.8356,103
300308.SZ,中际旭创,深交所,CNY,919.87,2026-08-07,624.083304,1435.391598,2902.680788,基本合理,0.47395387,-0.35915049,2026-08-05,2026,30819128912.955963,29,ana-data/result/股票估值/20260805_innolight_valuation/中际旭创价格合理性评估_20260805.md,未识别估值泡沫,-35.92,-68.31,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-23.02,-12.33,-18.02,1.2680,103
300318.SZ,博晖创新,深交所,CNY,4.95,2026-08-07,1.565728,2.818311,4.697185,明显偏贵,2.16146866,0.7563711,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300318_valuation/博晖创新价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,75.64,5.38,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿75.6%，主要在交易盈利修复，并押注公开检验检测产品由检验仪器及检测试剂构成。 当前价还高于乐观情景上沿5.4%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,12.24,-11.29,4.46,0.7802,103
300324.SZ,旋极信息,深交所,CNY,3.78,2026-08-07,1.432295,2.578132,4.296886,偏贵,1.63912113,0.46617784,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300324_valuation/旋极信息价格合理性评估_20260806.md,泡沫-中,46.62,-12.03,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿46.6%，主要在交易盈利修复，并押注公开产品与服务面向安全防务与应急等特种行业，覆盖嵌入式系统、装备健康管理、通信和安全可信产品。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开报告中的具体客户、项目、平台、系统结构、参数、任务、部署或交付；公司整体收入不等同特种行业分部,-1.31,-27.17,-6.47,0.8168,103
300327.SZ,中颖电子,深交所,CNY,23.15,2026-08-07,2.327242,5.323755,10.115135,明显偏贵,8.94739696,3.34843452,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300327_valuation/中颖电子价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,334.84,128.86,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿334.8%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注主要产品为工规和车规MCU、锂电池管理芯片以及AMOLED显示驱动芯片。 当前价还高于乐观情景上沿128.9%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-23.80,-18.94,-14.79,0.4183,103
300339.SZ,润和软件,深交所,CNY,38.64,2026-08-07,3.456,8.2432,15.66208,明显偏贵,10.18055556,3.6875,2026-08-06,2026,203881175.296,5,ana-data/result/股票估值/20260806_defense_300339_valuation/润和软件价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,368.75,146.71,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿368.8%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开业务领域包括金融科技、智能物联和智慧能源。 当前价还高于乐观情景上沿146.7%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,0.86,-17.29,-2.61,0.9584,103
300342.SZ,天银机电,深交所,CNY,36.6,2026-08-07,0.639273,1.31615,2.527009,明显偏贵,56.2525353,26.8083805,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300342_valuation/天银机电价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,2680.84,1348.35,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿2680.8%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品和服务覆盖雷达射频仿真测试系统、星敏感器及空间电子相关产品。 当前价还高于乐观情景上沿1348.4%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；整体财务同时包含家电零部件与雷达航天电子业务,-14.73,-42.64,-17.59,0.4539,103
300346.SZ,南大光电,深交所,CNY,58.32,2026-08-07,12.0,29.44,56.672,明显偏贵,3.86,0.98097826,2026-08-04,2026,442340417.92,4,ana-data/result/股票估值/20260804_nanda_opto_valuation/南大光电价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,98.10,2.91,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿98.1%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注先进前驱体和特气销量、客户认证及产品结构。 当前价还高于乐观情景上沿2.9%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,项目进度、补助波动和高估值,-27.26,1.66,-7.04,0.6590,103
300349.SZ,金卡智能,深交所,CNY,10.53,2026-08-07,10.395,26.95,51.205,基本合理,0.01298701,-0.60927644,2026-08-06,2026,321254251.01,1,ana-data/result/股票估值/20260806_defense_300349_valuation/金卡智能价格合理性评估_20260806.md,未识别估值泡沫,-60.93,-79.44,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,3.64,-28.42,-9.70,0.8091,103
300353.SZ,东土科技,深交所,CNY,19.21,2026-08-07,4.625,9.928333,19.0624,明显偏贵,3.15351351,0.93486661,2026-08-06,2026,151673577.313538,3,ana-data/result/股票估值/20260806_defense_300353_valuation/东土科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,93.49,0.77,信创、网络安全或软件国产化预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿93.5%，主要在提前交易信创、网络安全或软件国产化预期，具体押注鸿道工业操作系统以防务领域“道”操作系统为技术基础，并面向多类工业装备应用。 当前价还高于乐观情景上沿0.8%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开具体客户、网络架构、系统参数、平台、任务或部署；公司整体收入不等同防务业务,-7.78,-1.54,-5.10,0.6148,103
300354.SZ,东华测试,深交所,CNY,30.3,2026-08-07,27.36,62.928,119.301,基本合理,0.10745614,-0.51849733,2026-08-06,2026,157685029.14,3,ana-data/result/股票估值/20260806_defense_300354_valuation/东华测试价格合理性评估_20260806.md,未识别估值泡沫,-51.85,-74.60,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-13.50,-19.99,-8.14,0.5702,103
300357.SZ,我武生物,深交所,CNY,24.88,2026-08-07,17.92,44.16,89.301333,基本合理,0.38839286,-0.4365942,2026-08-04,2026,446791679.999826,6,ana-data/result/股票估值/20260804_wolwo_bio_valuation/我武生物价格合理性评估_20260804.md,未识别估值泡沫,-43.66,-72.14,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,8.22,-0.36,7.49,1.1161,103
300369.SZ,绿盟科技,深交所,CNY,7.5,2026-08-07,1.35,3.22,6.118,明显偏贵,4.55555556,1.32919255,2026-08-06,2026,81062188.7,2,ana-data/result/股票估值/20260806_defense_300369_valuation/绿盟科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,132.92,22.59,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价；短期动量放大,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿132.9%，主要在交易盈利修复，并押注公开产品包含风云卫AI安全能力平台。 当前价还高于乐观情景上沿22.6%，说明市场计入了超过现有乐观模型的额外预期。 近20个交易日上涨12.1%，高于60日均线15.5%，短期动量可能放大估值溢价。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,12.11,-2.34,15.54,2.3924,103
300371.SZ,汇中股份,深交所,CNY,10.13,2026-08-07,4.427381,10.127996,19.243193,偏贵,1.28803439,0.00019787,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300371_valuation/汇中股份价格合理性评估_20260806.md,泡沫-轻,0.02,-47.36,业务增长、订单兑现和利润率改善预期,轻度乐观预期,价格高于基准合理区间上沿0.0%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品包含超声水表、超声热量表、超声流量计三大系列。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,3.16,-24.46,-4.55,0.9403,103
300373.SZ,扬杰科技,深交所,CNY,96.93,2026-08-07,64.117667,147.470633,294.941267,基本合理,0.51175182,-0.34271659,2026-08-04,2026,1658961537.663546,9,ana-data/result/股票估值/20260804_yangjie_technology_valuation/扬杰科技价格合理性评估_20260804.md,未识别估值泡沫,-34.27,-67.14,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-29.05,16.61,-8.94,0.5484,103
300390.SZ,天华新能,深交所,CNY,60.7,2026-08-07,64.5,164.833333,323.073333,偏低,-0.05891473,-0.63174924,2026-08-04,2026,4762971184.533056,3,ana-data/result/股票估值/20260805_canmax_valuation/天华新能价格合理性评估_20260804.md,未识别估值泡沫,-63.17,-81.21,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-12.16,-39.18,-23.02,0.4074,103
300394.SZ,天孚通信,深交所,CNY,230.68,2026-08-07,55.269,131.8268,250.47092,偏贵,3.1737683,0.7498718,2026-08-06,2026,3182740657.754,16,ana-data/result/股票估值/20260806_defense_300394_valuation/天孚通信价格合理性评估_20260806.md,泡沫-高,74.99,-7.90,业务增长、订单兑现和利润率改善预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿75.0%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品包含多通道高速光引擎封装集成解决方案。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-15.03,-39.00,-25.01,0.9220,103
300395.SZ,菲利华,深交所,CNY,89.6,2026-08-07,39.28,90.344,171.277167,基本合理,1.28105906,-0.00823519,2026-08-06,2026,854778091.476841,13,ana-data/result/股票估值/20260806_defense_300395_valuation/菲利华价格合理性评估_20260806.md,未识别估值泡沫,-0.82,-47.69,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-16.46,-39.83,-20.68,0.5165,103
300397.SZ,天和防务,深交所,CNY,10.97,2026-08-07,2.768453,4.983215,8.305358,明显偏贵,2.9625018,1.20139007,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300397_valuation/天和防务价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,120.14,32.08,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿120.1%，主要在交易盈利修复，并押注公开业务方向包括低空近防、射频产业链和面向低空经济等领域的综合电子信息服务。 当前价还高于乐观情景上沿32.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开具体型号、系统、指标、任务、客户、部署、数量或交付；民品业务与军品业务分开理解,-11.89,-23.29,-14.48,0.4369,103
300406.SZ,九强生物,深交所,CNY,11.75,2026-08-07,9.5175,22.701,43.1319,基本合理,0.2345679,-0.48240166,2026-08-06,2026,413347582.74,2,ana-data/result/股票估值/20260806_defense_300406_valuation/九强生物价格合理性评估_20260806.md,未识别估值泡沫,-48.24,-72.76,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,5.19,-11.25,0.44,1.0404,103
300408.SZ,三环集团,深交所,CNY,127.39,2026-08-07,39.015,89.7345,179.469,偏贵,2.26515443,0.41963236,2026-08-04,2026,3693163004.479002,14,ana-data/result/股票估值/20260804_sunlord_ceramics_valuation/三环集团价格合理性评估_20260804.md,泡沫-中,41.96,-29.02,智能汽车、汽车电子或电动化渗透预期,乐观情景提前定价,价格高于基准合理区间上沿42.0%，主要在提前交易智能汽车、汽车电子或电动化渗透预期，具体押注MLCC、通信及汽车电子需求、产能利用率和良率。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,消费电子周期、扩产折旧和竞争,-4.80,40.47,1.00,0.9999,103
300411.SZ,金盾股份,深交所,CNY,7.37,2026-08-07,2.372541,4.270574,7.117624,明显偏贵,2.10637414,0.72576333,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300411_valuation/金盾股份价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,72.58,3.55,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿72.6%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注国防工程领域公开产品为高端智能通风系统，可用于水上及水下特种船舶和国防工程等高层级场景。 当前价还高于乐观情景上沿3.5%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本98日）,不展开具体客户、舰船型号、系统参数、任务、数量、产能或交付；公司整体收入不等同国防分部,9.84,-29.07,-8.74,0.6495,98
300414.SZ,中光防雷,深交所,CNY,11.48,2026-08-07,0.657957,1.505129,2.859746,明显偏贵,16.44794873,6.62725321,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300414_valuation/中光防雷价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,662.73,301.43,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿662.7%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品包括雷电预警、雷电监测、浪涌保护器、避雷针及接地产品。 当前价还高于乐观情景上沿301.4%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,8.82,-17.71,0.19,1.7222,103
300416.SZ,苏试试验,深交所,CNY,15.32,2026-08-07,14.66,33.718,63.923708,基本合理,0.04502046,-0.54564328,2026-08-06,2026,310637951.498164,13,ana-data/result/股票估值/20260806_defense_300416_valuation/苏试试验价格合理性评估_20260806.md,未识别估值泡沫,-54.56,-76.03,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-18.60,-11.39,-11.42,0.4996,103
300417.SZ,南华仪器,深交所,CNY,10.6,2026-08-07,3.370072,6.06613,10.110217,明显偏贵,2.14533339,0.74740733,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300417_valuation/南华仪器价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,74.74,4.84,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿74.7%，主要在交易盈利修复，并押注公开产品包含机动车检测设备及系统产品。 当前价还高于乐观情景上沿4.8%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,4.64,-29.94,-6.99,0.8440,103
300420.SZ,五洋自控,深交所,CNY,8.24,2026-08-07,1.35,3.5,6.65,明显偏贵,5.1037037,1.35428571,2026-08-06,2026,111638356.1,1,ana-data/result/股票估值/20260806_defense_300420_valuation/五洋自控价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,135.43,23.91,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价；趋势动量与交易拥挤,价格高于基准合理区间上沿135.4%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注公开产品包括智能停车设施、自动化装备与智能物流仓储系统、散料智能搬运装备及管控系统。 当前价还高于乐观情景上沿23.9%，说明市场计入了超过现有乐观模型的额外预期。 近60个交易日上涨81.9%，并高于60日均线22.7%，量价趋势可能放大估值溢价。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-0.72,81.90,22.67,1.1671,103
300421.SZ,力星股份,深交所,CNY,17.66,2026-08-07,2.932883,6.709209,12.747497,明显偏贵,5.02137896,1.63220299,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300421_valuation/力星股份价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,163.22,38.54,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿163.2%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品包括高精度轴承钢球、轴承滚子和氮化硅陶瓷球。 当前价还高于乐观情景上沿38.5%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-2.70,-32.57,-12.37,0.4371,103
300424.SZ,航新科技,深交所,CNY,14.22,2026-08-07,2.995163,5.391294,8.98549,明显偏贵,3.7476548,1.63758571,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300424_valuation/航新科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,163.76,58.26,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿163.8%，主要在交易盈利修复，并押注公开产品包括飞行数据记录与健康管理系统、自动测试设备、便携检测设备和航空维修服务。 当前价还高于乐观情景上沿58.3%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2 轻量卡；业务含民航维修及海外市场，整体收入不能全量归入军工,-5.51,-30.60,-15.21,0.4534,103
300428.SZ,立中集团,深交所,CNY,19.03,2026-08-07,20.466,48.8152,92.74888,偏低,-0.07016515,-0.61016241,2026-08-06,2026,1039341634.348,6,ana-data/result/股票估值/20260806_defense_300428_valuation/立中集团价格合理性评估_20260806.md,未识别估值泡沫,-61.02,-79.48,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,9.62,-16.20,-1.54,0.7516,103
300433.SZ,蓝思科技,深交所,CNY,35.9,2026-08-07,20.278125,46.639687,93.279375,基本合理,0.77038064,-0.23026928,2026-08-05,2026,5097284152.59375,16,ana-data/result/股票估值/20260805_lens_technology_valuation/蓝思科技价格合理性评估_20260805.md,未识别估值泡沫,-23.03,-61.51,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-23.18,9.82,-14.93,0.5314,103
300435.SZ,中泰股份,深交所,CNY,17.5,2026-08-07,19.6452,46.85744,89.029136,偏低,-0.10919716,-0.62652676,2026-08-06,2026,561289557.6,4,ana-data/result/股票估值/20260806_defense_300435_valuation/中泰股份价格合理性评估_20260806.md,未识别估值泡沫,-62.65,-80.34,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-17.06,-20.67,-12.02,0.6041,103
300445.SZ,康斯特,深交所,CNY,18.88,2026-08-07,7.979247,18.253179,34.68104,偏贵,1.36613806,0.03434037,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300445_valuation/康斯特价格合理性评估_20260806.md,泡沫-轻,3.43,-45.56,军工、商业航天或低空经济主题溢价,轻度乐观预期,价格高于基准合理区间上沿3.4%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注校准测试仪器仪表包括数字压力检测、过程信号检测和温湿度检测三条产品线，数字压力检测产品应用覆盖商业航天、民航等领域。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,商业航天和民航只是多类应用之一；不展开客户、设施、被测对象、任务、参数、数据或结果,-4.65,-22.43,-11.08,0.4538,103
300446.SZ,航天智造,深交所,CNY,13.96,2026-08-07,15.39,36.708,69.7452,偏低,-0.09291748,-0.61970143,2026-08-06,2026,963767526.54,4,ana-data/result/股票估值/20260806_defense_300446_valuation/航天智造价格合理性评估_20260806.md,未识别估值泡沫,-61.97,-79.98,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-10.63,-28.26,-11.45,0.5320,103
300447.SZ,全信股份,深交所,CNY,13.85,2026-08-07,1.972741,4.351634,8.249973,明显偏贵,6.02068847,2.18271252,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300447_valuation/全信股份价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,218.27,67.88,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿218.3%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开高层级产品包括军用光电线缆及组件、光电元器件、FC光纤高速网络产品、网络与计算模块及光电系统集成。 当前价还高于乐观情景上沿67.9%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开具体客户、型号、系统、平台、参数、订单数量、产能或交付；整体财务不等同单一军工产品,2.59,-32.41,-8.00,0.5474,103
300450.SZ,先导智能,深交所,CNY,34.9,2026-08-07,40.25,96.983333,185.15,偏低,-0.13291925,-0.64014435,2026-08-04,2026,2567139532.132775,15,ana-data/result/股票估值/20260805_lead_intelligent_valuation/先导智能价格合理性评估_20260804.md,未识别估值泡沫,-64.01,-81.15,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-5.80,-36.28,-15.96,0.5889,103
300454.SZ,深信服,深交所,CNY,122.94,2026-08-07,17.648043,41.681111,79.194111,明显偏贵,5.96621149,1.9495375,2026-08-06,2026,544479888.444258,18,ana-data/result/股票估值/20260806_defense_300454_valuation/深信服价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,194.95,55.24,信创、网络安全或软件国产化预期,超出乐观情景的叙事与情绪溢价；短期动量放大,价格高于基准合理区间上沿195.0%，主要在提前交易信创、网络安全或软件国产化预期，具体押注主要产品包括下一代防火墙、VPN、终端安全管理系统、零信任访问控制系统、态势感知管理平台和XDR检测和响应平台。 当前价还高于乐观情景上沿55.2%，说明市场计入了超过现有乐观模型的额外预期。 近20个交易日上涨14.6%，高于60日均线14.0%，短期动量可能放大估值溢价。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,14.60,-4.85,14.03,1.9513,103
300455.SZ,航天智装,深交所,CNY,19.49,2026-08-07,2.325654,4.186177,6.976962,明显偏贵,7.38043836,3.65579931,2026-08-04,,,0,ana-data/result/股票估值/20260804_aerospace_intelligent_valuation/航天智装价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,365.58,179.35,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿365.6%，主要在交易盈利修复，并押注航天型号订单、项目验收、资产整合和费用控制。 当前价还高于乐观情景上沿179.3%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,盈利波动、商誉和项目回款,-7.41,-30.14,-8.44,0.6482,103
300456.SZ,赛微电子,深交所,CNY,31.96,2026-08-07,9.046393,16.283507,27.139178,明显偏贵,2.5328998,0.96272216,2026-08-04,,,0,ana-data/result/股票估值/20260804_sai_microelectronics_valuation/赛微电子价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,96.27,17.76,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿96.3%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注MEMS产能利用率、客户量产、工艺平台和费用。 当前价还高于乐观情景上沿17.8%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,持续盈利能力、海外限制和重资产折旧,-17.67,-35.05,-19.14,0.4792,103
300470.SZ,中密控股,深交所,CNY,29.53,2026-08-07,38.15625,81.90875,157.2648,偏低,-0.22607699,-0.63947686,2026-08-06,2026,423628548.695,2,ana-data/result/股票估值/20260806_defense_300470_valuation/中密控股价格合理性评估_20260806.md,未识别估值泡沫,-63.95,-81.22,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,3.94,-12.53,-2.62,0.9574,103
300474.SZ,景嘉微,深交所,CNY,53.18,2026-08-07,0.32,0.736,1.395333,明显偏贵,165.1875,71.25543478,2026-08-06,2026,6968256.306492,3,ana-data/result/股票估值/20260806_defense_300474_valuation/景嘉微价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,7125.54,3711.28,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿7125.5%，主要在交易盈利修复，并押注公开产品包括图形显控模块、加固类产品、小型专用化雷达和GPU/边端侧AI芯片等高层级类别。 当前价还高于乐观情景上沿3711.3%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；不识别具体军方客户、型号、性能、数量或项目,-15.05,-22.15,-6.50,0.5825,103
300476.SZ,胜宏科技,深交所,CNY,280.2,2026-08-07,216.207692,497.277692,1005.606,基本合理,0.29597609,-0.43653213,2026-08-05,2026,8384604579.997126,13,ana-data/result/股票估值/20260805_victory_giant_valuation/胜宏科技价格合理性评估_20260805.md,未识别估值泡沫,-43.65,-72.14,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-5.56,-27.67,-8.39,0.9494,103
300488.SZ,恒锋工具,深交所,CNY,31.49,2026-08-07,13.444603,30.755627,58.435692,偏贵,1.34220378,0.02387768,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300488_valuation/恒锋工具价格合理性评估_20260806.md,泡沫-轻,2.39,-46.11,业务增长、订单兑现和利润率改善预期,轻度乐观预期,价格高于基准合理区间上沿2.4%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注主营产品包括精密复杂刃量具、精密高效刀具，高端生产性服务包括精密修磨、加工工艺和检验检测服务。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明航空或军用制造独立分部；不展开客户、部件、工艺参数、数量、产能或交付,-21.61,-17.13,-13.75,0.4531,103
300489.SZ,光智科技,深交所,CNY,240.0,2026-08-07,23.085,59.85,113.715,明显偏贵,9.39636127,3.01002506,2026-08-06,2026,235420547.85,1,ana-data/result/股票估值/20260806_defense_300489_valuation/光智科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,301.00,111.05,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价；趋势动量与交易拥挤,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿301.0%，主要在交易盈利修复，并押注红外产品包括红外材料、红外镜头、红外探测器和红外热像仪。 当前价还高于乐观情景上沿111.1%，说明市场计入了超过现有乐观模型的额外预期。 近60个交易日上涨95.1%，并高于60日均线24.8%，量价趋势可能放大估值溢价。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,航空航天是多类应用之一；公司整体财务不等同军工材料分部，不展开客户、系统、配方、参数、数量或交付,-10.45,95.12,24.83,1.4319,103
300496.SZ,中科创达,深交所,CNY,62.5,2026-08-07,18.39,43.863556,83.340756,偏贵,2.39858619,0.42487308,2026-08-06,2026,627672691.715453,9,ana-data/result/股票估值/20260806_defense_300496_valuation/中科创达价格合理性评估_20260806.md,泡沫-中,42.49,-25.01,信创、网络安全或软件国产化预期,乐观情景提前定价,价格高于基准合理区间上沿42.5%，主要在提前交易信创、网络安全或软件国产化预期，具体押注公开产品与服务包括智能操作系统、端侧AI软件平台及面向汽车和物联网的解决方案。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工或无人装备业务；不因通用技术和潜在用途反向识别客户、平台或任务,5.63,-7.19,0.27,0.8951,103
300502.SZ,新易盛,深交所,CNY,420.95,2026-08-07,244.262647,582.611647,1106.962129,基本合理,0.72334987,-0.27747754,2026-08-06,2026,17985136722.24029,18,ana-data/result/股票估值/20260806_defense_300502_valuation/新易盛价格合理性评估_20260806.md,未识别估值泡沫,-27.75,-61.97,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-22.83,-33.08,-25.37,0.9527,103
300504.SZ,天邑股份,深交所,CNY,14.75,2026-08-07,7.733177,13.919719,23.199531,偏贵,0.90736614,0.05964783,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300504_valuation/天邑股份价格合理性评估_20260806.md,泡沫-轻,5.96,-36.42,盈利修复或扭亏预期提前定价,轻度乐观预期,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿6.0%，主要在交易盈利修复，并押注公开产品包括宽带网络终端、通信网络物理连接与保护、移动通信网络优化及热缩制品。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-12.51,-23.93,-11.84,0.4831,103
300515.SZ,三德科技,深交所,CNY,15.96,2026-08-07,12.634705,28.90292,54.915548,基本合理,0.26318739,-0.44780666,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300515_valuation/三德科技价格合理性评估_20260806.md,未识别估值泡沫,-44.78,-70.94,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,23.15,-8.80,6.70,1.5195,103
300516.SZ,久之洋,深交所,CNY,31.14,2026-08-07,1.393014,2.86797,5.506502,明显偏贵,21.35440563,9.85785416,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300516_valuation/久之洋价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,985.79,465.51,通信、光通信或卫星互联网成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿985.8%，主要在提前交易通信、光通信或卫星互联网成长预期，具体押注公开产品类别包括红外热像、激光测距/通信/告警、特种光学和星体跟踪器。 当前价还高于乐观情景上沿465.5%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；产品跨导航、测温、安防和特种应用，不将全部收入归入船海或军工,-3.11,-23.02,-6.83,0.6302,103
300520.SZ,科大国创,深交所,CNY,26.38,2026-08-07,5.859877,10.547778,17.579631,明显偏贵,3.50180098,1.50100068,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300520_valuation/科大国创价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,150.10,50.06,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿150.1%，主要在交易盈利修复，并押注高可信软件围绕静态分析、形式验证和可信编码智能体开展产品与服务，并在航空航天、国防军工、汽车电子等领域应用。 当前价还高于乐观情景上沿50.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开客户、代码、算法、系统、任务、部署、参数、漏洞或验证结果,0.27,-30.23,-9.55,0.7256,103
300525.SZ,博思软件,深交所,CNY,9.02,2026-08-07,5.22,13.05,25.375,基本合理,0.72796935,-0.30881226,2026-08-06,2026,219951508.62,1,ana-data/result/股票估值/20260806_boss_software_valuation/博思软件价格合理性评估_20260806.md,未识别估值泡沫,-30.88,-64.45,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,21.07,-10.78,6.22,2.2123,103
300527.SZ,ST应急,深交所,CNY,7.79,2026-08-07,0.373649,0.769277,1.477011,明显偏贵,19.84844333,9.1263914,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300527_valuation/ST应急价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,912.64,427.42,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿912.6%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品谱系包括应急交通装备、水域搜救与防汛抢险装备、施工保障装备及无人智能装备。 当前价还高于乐观情景上沿427.4%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,应急交通与水域保障跨军民和陆水场景；不将全部业务扩写为舰船或海军装备,5.27,-2.87,5.59,1.1242,103
300548.SZ,长芯博创,深交所,CNY,177.04,2026-08-07,31.771591,70.084391,141.726214,明显偏贵,4.57227367,1.52609743,2026-08-05,,,0,ana-data/result/股票估值/20260805_changxin_bochuang_valuation/长芯博创价格合理性评估_20260805.md,泡沫-极端（超过乐观上沿）,152.61,24.92,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿152.6%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注数通光模块需求、产品升级、良率和客户认证。 当前价还高于乐观情景上沿24.9%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户集中、技术迭代和主题估值,-23.92,-35.17,-19.77,0.8320,103
300552.SZ,万集科技,深交所,CNY,22.58,2026-08-07,9.774082,16.290137,24.435205,偏贵,1.31019138,0.3861148,2026-08-04,,,0,ana-data/result/股票估值/20260805_wanji_valuation/万集科技价格合理性评估_20260804.md,泡沫-中,38.61,-7.59,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿38.6%，主要在交易盈利修复，并押注ETC、车路云项目和激光雷达出货。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,持续盈利能力、项目回款和主题估值,5.56,-24.02,-7.89,1.7256,103
300563.SZ,神宇股份,深交所,CNY,24.18,2026-08-07,6.113811,13.985841,26.573098,偏贵,2.95497996,0.72889138,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300563_valuation/神宇股份价格合理性评估_20260806.md,泡沫-高,72.89,-9.01,通信、光通信或卫星互联网成长预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿72.9%，主要在提前交易通信、光通信或卫星互联网成长预期，具体押注公开产品包括射频同轴电缆、射频连接器和组件。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-8.75,-27.89,-10.40,0.5603,103
300567.SZ,精测电子,深交所,CNY,223.91,2026-08-07,31.73625,76.46925,145.98675,明显偏贵,6.05533893,1.92810509,2026-08-04,2026,338213918.679,10,ana-data/result/股票估值/20260804_precision_measurement_valuation/精测电子价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,192.81,53.38,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿192.8%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注检测设备验收、半导体业务放量和产品结构。 当前价还高于乐观情景上沿53.4%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本98日）,项目验收、可转债摊薄和现金流波动,-17.06,56.85,5.37,0.8730,98
300569.SZ,天能重工,深交所,CNY,4.89,2026-08-07,1.636594,3.743843,7.113302,偏贵,1.9879127,0.30614452,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300569_valuation/天能重工价格合理性评估_20260806.md,泡沫-中,30.61,-31.26,新能源、储能或电动化成长预期,乐观情景提前定价,价格高于基准合理区间上沿30.6%，主要在提前交易新能源、储能或电动化成长预期，具体押注公司开展导管架尺寸控制工艺工法和吸力锚式导管架建造技术研究。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,海上风电基础不等同军用舰船装备；不展开海域、客户、工程参数、数量、产能或交付,5.84,-23.11,-2.95,0.8105,103
300570.SZ,太辰光,深交所,CNY,143.43,2026-08-07,32.7915,78.2138,148.60622,偏贵,3.37399936,0.83381961,2026-08-06,2026,551691159.943,5,ana-data/result/股票估值/20260806_defense_300570_valuation/太辰光价格合理性评估_20260806.md,泡沫-高,83.38,-3.48,通信、光通信或卫星互联网成长预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿83.4%，主要在提前交易通信、光通信或卫星互联网成长预期，具体押注公开产品包括光通信器件及其集成功能模块、光传感产品及解决方案。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-32.29,-19.57,-21.61,0.8415,103
300572.SZ,安车检测,深交所,CNY,20.45,2026-08-07,7.027175,12.648915,21.081525,偏贵,1.91013103,0.61673946,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300572_valuation/安车检测价格合理性评估_20260806.md,泡沫-高,61.67,-3.00,盈利修复或扭亏预期提前定价,乐观情景被大幅提前资本化,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿61.7%，主要在交易盈利修复，并押注公开产品和服务覆盖机动车安全与环保检测、新能源汽车检测、驾驶人考试、尾气遥感监测及联网监管。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工检测业务；不以通用检测能力反向识别客户、设施、任务、指标或结果,-12.83,-41.69,-19.46,0.6366,103
300576.SZ,容大感光,深交所,CNY,31.99,2026-08-07,5.688543,13.384807,25.765754,明显偏贵,4.62358411,1.39002326,2026-08-04,,,0,ana-data/result/股票估值/20260805_rongda_photosensitive_valuation/容大感光价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,139.00,24.16,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿139.0%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注PCB与半导体光刻胶销量、价格和高端产品占比。 当前价还高于乐观情景上沿24.2%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户认证、竞争加剧及估值溢价,-25.34,-21.84,-19.96,0.6190,103
300580.SZ,贝斯特,深交所,CNY,21.53,2026-08-07,12.234375,30.015,57.778875,基本合理,0.75979566,-0.28269199,2026-08-04,2026,327765602.205,4,ana-data/result/股票估值/20260805_best_valuation/贝斯特价格合理性评估_20260804.md,未识别估值泡沫,-28.27,-62.74,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-6.31,-24.69,-5.68,0.7544,103
300581.SZ,晨曦航空,深交所,CNY,10.16,2026-08-07,1.664394,2.995909,4.993181,明显偏贵,5.10432386,2.39129126,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300581_valuation/晨曦航空价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,239.13,103.48,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿239.1%，主要在交易盈利修复，并押注公开产品方向包括航空惯性导航、发动机电子与控制、航空发动机相关产品及无人机系统。 当前价还高于乐观情景上沿103.5%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,严格保留保密边界；不得拼接具体客户、型号、平台、性能、部署、数量或交付,3.25,-23.09,-5.96,0.7163,103
300589.SZ,江龙船艇,深交所,CNY,13.25,2026-08-07,1.839762,3.311572,5.519286,明显偏贵,6.20201852,3.00112092,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300589_valuation/江龙船艇价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,300.11,140.07,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿300.1%，主要在交易盈利修复，并押注公开产品包括公务执法船艇、旅游休闲船艇、特种作业船艇及新能源船艇。 当前价还高于乐观情景上沿140.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；公务、文旅和特种作业多用途合并，不识别军事用途、客户或平台,12.77,-22.10,3.30,1.3643,103
300600.SZ,国瑞科技,深交所,CNY,10.15,2026-08-07,4.078006,7.340411,12.234018,偏贵,1.48896152,0.38275636,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300600_valuation/国瑞科技价格合理性评估_20260806.md,泡沫-中,38.28,-17.03,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿38.3%，主要在交易盈利修复，并押注公开产品包括船舶配电系统、船舶机舱自动化系统及航天自动化系统。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；船舶和航天业务具有军民多用途，不反向识别客户、平台或项目,8.21,-20.70,-1.16,0.7652,103
300604.SZ,长川科技,深交所,CNY,283.21,2026-08-07,92.6275,202.898333,397.680733,偏贵,2.05751532,0.39582221,2026-08-04,2026,2238651815.934878,6,ana-data/result/股票估值/20260804_changchuan_technology_valuation/长川科技价格合理性评估_20260804.md,泡沫-中,39.58,-28.78,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿39.6%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注测试设备销量、国产替代、产品结构和规模效应。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,行业资本开支周期和高增长预期落空,-24.28,24.21,6.33,0.8662,103
300607.SZ,拓斯达,深交所,CNY,33.41,2026-08-07,6.0,14.72,28.336,明显偏贵,4.56833333,1.26970109,2026-08-04,2026,152631171.84,4,ana-data/result/股票估值/20260805_topstar_valuation/拓斯达价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,126.97,17.91,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿127.0%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注设备销量、订单验收和产品结构。 当前价还高于乐观情景上沿17.9%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,制造业周期和机器人预期,-13.94,2.23,-4.41,0.7706,103
300613.SZ,富瀚微,深交所,CNY,74.25,2026-08-07,13.332839,30.499959,57.949923,明显偏贵,4.56895647,1.4344295,2026-08-06,,,1,ana-data/result/股票估值/20260806_defense_300613_valuation/富瀚微价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,143.44,28.13,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价；趋势动量与交易拥挤,价格高于基准合理区间上沿143.4%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注产品包括图像处理、网络摄像机、视频链路、数字和网络录像机、智能显示及车载视频相关芯片。 当前价还高于乐观情景上沿28.1%，说明市场计入了超过现有乐观模型的额外预期。 近60个交易日上涨19.0%，并高于60日均线15.1%，量价趋势可能放大估值溢价。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工电子独立分部；不展开客户、芯片型号、参数、系统、任务、数量或交付,3.02,18.95,15.05,1.6451,103
300620.SZ,光库科技,深交所,CNY,288.08,2026-08-07,18.63,44.436,84.4284,明显偏贵,14.46323135,5.48303178,2026-08-06,2026,343869152.1,2,ana-data/result/股票估值/20260806_defense_300620_valuation/光库科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,548.30,241.21,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿548.3%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注主要产品包括光纤激光器件、光通讯器件和激光雷达光源模块及器件。 当前价还高于乐观情景上沿241.2%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-8.68,4.05,-1.88,0.9916,103
300624.SZ,万兴科技,深交所,CNY,56.28,2026-08-07,2.4975,5.957,11.3183,明显偏贵,21.53453453,8.44770858,2026-08-06,2026,35767219.94,6,ana-data/result/股票估值/20260806_defense_300624_valuation/万兴科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,844.77,397.25,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿844.8%，主要在交易盈利修复，并押注公开产品包括万兴图示、万兴脑图和万兴项管等创意软件。 当前价还高于乐观情景上沿397.2%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,10.44,-18.33,3.07,1.6473,103
300627.SZ,华测导航,深交所,CNY,28.16,2026-08-07,24.624,56.6352,107.3709,基本合理,0.14359974,-0.50278272,2026-08-06,2026,807351654.726,6,ana-data/result/股票估值/20260806_defense_300627_valuation/华测导航价格合理性评估_20260806.md,未识别估值泡沫,-50.28,-73.77,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,2.96,-12.05,-1.90,0.7666,103
300628.SZ,亿联网络,深交所,CNY,39.18,2026-08-07,32.319,77.0868,146.46492,基本合理,0.21228998,-0.49174178,2026-08-06,2026,3032553743.478,5,ana-data/result/股票估值/20260806_defense_300628_valuation/亿联网络价格合理性评估_20260806.md,未识别估值泡沫,-49.17,-73.25,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,14.36,-1.41,7.64,1.4311,103
300629.SZ,新劲刚,深交所,CNY,17.9,2026-08-07,11.928098,26.311981,49.883131,基本合理,0.50065836,-0.31970155,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300629_valuation/新劲刚价格合理性评估_20260806.md,未识别估值泡沫,-31.97,-64.12,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-4.84,-33.46,-13.17,0.5158,103
300660.SZ,江苏雷利,深交所,CNY,28.14,2026-08-07,12.75,34.0,65.45,基本合理,1.20705882,-0.17235294,2026-08-04,2026,395268708.16,1,ana-data/result/股票估值/20260805_jiangsu_leili_valuation/江苏雷利价格合理性评估_20260804.md,未识别估值泡沫,-17.24,-57.01,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-1.54,-36.85,-11.55,0.6635,103
300663.SZ,科蓝软件,深交所,CNY,9.7,2026-08-07,0.785236,1.413426,2.355709,明显偏贵,11.35297414,5.86275758,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300663_valuation/科蓝软件价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,586.28,311.77,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价；短期动量放大,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿586.3%，主要在交易盈利修复，并押注公开业务包括AI机器人、AI数据库和AI算力。 当前价还高于乐观情景上沿311.8%，说明市场计入了超过现有乐观模型的额外预期。 近20个交易日上涨52.0%，高于60日均线24.0%，短期动量可能放大估值溢价。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,52.04,1.57,23.97,2.6645,103
300666.SZ,江丰电子,深交所,CNY,252.54,2026-08-07,58.105,142.550933,274.410547,偏贵,3.34626968,0.77157732,2026-08-04,2026,855215988.144708,15,ana-data/result/股票估值/20260804_jiangfeng_material_valuation/江丰电子价格合理性评估_20260804.md,泡沫-高,77.16,-7.97,半导体国产替代、AI算力或先进封装预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿77.2%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注靶材销量、先进制程渗透、精密部件和产品结构。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,定增摊薄、原材料和客户认证,-30.71,35.88,-1.37,0.7850,103
300667.SZ,必创科技,深交所,CNY,14.32,2026-08-07,5.050195,9.090351,15.150585,偏贵,1.83553407,0.57529671,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300667_valuation/必创科技价格合理性评估_20260806.md,泡沫-高,57.53,-5.48,盈利修复或扭亏预期提前定价,乐观情景被大幅提前资本化,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿57.5%，主要在交易盈利修复，并押注公司提供智能监测和检测分析系统，业务属于智能仪器仪表、传感器、工业通信网关、光谱仪器和专用大型科学仪器设备等细分领域。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工试验检测独立分部；不反向识别客户、设施、对象、任务、参数、数据或结果,-7.55,-29.91,-14.17,0.4151,103
300671.SZ,富满微,深交所,CNY,63.92,2026-08-07,7.567867,13.62216,22.703601,明显偏贵,7.44623723,3.69235422,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300671_valuation/富满微价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,369.24,181.54,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿369.2%，主要在交易盈利修复，并押注公开产品包含LED屏控制与驱动芯片。 当前价还高于乐观情景上沿181.5%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-33.97,21.85,1.15,0.7603,103
300672.SZ,国科微,深交所,CNY,168.48,2026-08-07,25.893,61.7596,117.34324,明显偏贵,5.50677789,1.72799694,2026-08-06,2026,416402502.936,5,ana-data/result/股票估值/20260806_defense_300672_valuation/国科微价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,172.80,43.58,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿172.8%，主要在交易盈利修复，并押注主营产品包括直播卫星高清解码芯片、智能4K与8K解码芯片、泛屏商显芯片、智慧视觉芯片、端侧人工智能芯片、无线局域网芯片、SoC芯片、MCU芯片、电源管理芯片、卫星导航定位芯片和固态存储控制器芯片等公开类别。 当前价还高于乐观情景上沿43.6%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工电子独立分部；不展开客户、芯片型号、参数、系统、任务、数量、部署或交付,-34.03,-30.56,-31.52,0.6286,103
300674.SZ,宇信科技,深交所,CNY,16.25,2026-08-07,9.675,23.076667,43.845667,基本合理,0.67958656,-0.29582552,2026-08-06,2026,504574226.333568,5,ana-data/result/股票估值/20260806_defense_300674_valuation/宇信科技价格合理性评估_20260806.md,未识别估值泡沫,-29.58,-62.94,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,11.45,-13.43,0.05,1.4937,103
300680.SZ,隆盛科技,深交所,CNY,22.16,2026-08-07,16.84125,40.1695,76.32205,基本合理,0.31581682,-0.44833767,2026-08-06,2026,284075807.305,8,ana-data/result/股票估值/20260806_defense_300680_valuation/隆盛科技价格合理性评估_20260806.md,未识别估值泡沫,-44.83,-70.97,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-5.02,-48.01,-22.85,0.5442,103
300685.SZ,艾德生物,深交所,CNY,18.02,2026-08-07,14.464286,34.5,65.55,基本合理,0.24582714,-0.47768116,2026-08-06,2026,419503011.428739,6,ana-data/result/股票估值/20260806_defense_300685_valuation/艾德生物价格合理性评估_20260806.md,未识别估值泡沫,-47.77,-72.51,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,6.31,-8.81,0.20,0.6741,99
300696.SZ,爱乐达,深交所,CNY,20.6,2026-08-07,3.474967,7.154343,13.736339,明显偏贵,4.92811385,1.87936992,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300696_valuation/爱乐达价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,187.94,49.97,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿187.9%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品和服务覆盖航空零部件数控精密加工、特种工艺处理、部组件及中大型无人机机体装配、航空机载成品和航空密封产品。 当前价还高于乐观情景上沿50.0%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；不识别具体客户、机型、采购批次、产能或交付,-9.89,-51.64,-25.06,0.5068,103
300699.SZ,光威复材,深交所,CNY,26.28,2026-08-07,21.52,49.496,93.836167,基本合理,0.22118959,-0.469048,2026-08-06,2026,745445626.666944,9,ana-data/result/股票估值/20260806_defense_300699_valuation/光威复材价格合理性评估_20260806.md,未识别估值泡沫,-46.90,-71.99,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-2.67,-27.26,-7.81,0.6275,103
300719.SZ,安达维尔,深交所,CNY,11.59,2026-08-07,3.971379,7.148482,11.914137,偏贵,1.91838175,0.62132324,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300719_valuation/安达维尔价格合理性评估_20260806.md,泡沫-高,62.13,-2.72,盈利修复或扭亏预期提前定价,乐观情景被大幅提前资本化,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿62.1%，主要在交易盈利修复，并押注公开产品与服务包括机载设备、航空部件维修、飞机加改装支持、智能设备和工业软件。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,民航与防务、研制与维修多业务合并；不识别具体客户、型号、维修对象、数量或结果,4.41,-25.23,-4.93,0.6471,103
300722.SZ,新余国科,深交所,CNY,21.81,2026-08-07,6.334381,13.041372,25.039434,偏贵,2.44311465,0.67237005,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300722_valuation/新余国科价格合理性评估_20260806.md,泡沫-高,67.24,-12.90,军工、商业航天或低空经济主题溢价,乐观情景被大幅提前资本化,价格高于基准合理区间上沿67.2%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开军品类别包括军用火工品、军事训练器材和军事气象火箭，民品围绕人工影响天气产品与服务。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开具体火工装置、型号、任务、用户、数量、工艺、产能或交付,1.63,-23.50,-4.38,0.7429,103
300726.SZ,宏达电子,深交所,CNY,54.45,2026-08-07,26.88,61.824,117.208,基本合理,1.02566964,-0.11927407,2026-08-06,2026,461260626.4,3,ana-data/result/股票估值/20260806_defense_300726_valuation/宏达电子价格合理性评估_20260806.md,未识别估值泡沫,-11.93,-53.54,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-22.30,-6.25,-16.29,0.5987,103
300750.SZ,宁德时代,深交所,CNY,388.07,2026-08-07,342.998878,764.991438,1506.076893,基本合理,0.13140312,-0.49271328,2026-08-04,2026,96178027143.0801,38,ana-data/result/股票估值/20260805_catl_valuation/宁德时代价格合理性评估_20260804.md,未识别估值泡沫,-49.27,-74.23,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,3.35,-10.59,-1.53,0.8359,103
300757.SZ,罗博特科,深交所,CNY,510.0,2026-08-07,4.95,11.04,21.735,明显偏贵,102.03030303,45.19565217,2026-08-05,2026,50282433.3,2,ana-data/result/股票估值/20260805_robotechnik_valuation/罗博特科价格合理性评估_20260805.md,泡沫-极端（超过乐观上沿）,4519.57,2246.45,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿4519.6%，主要在交易盈利修复，并押注电池片设备订单、验收节奏、海外客户和新业务。 当前价还高于乐观情景上沿2246.4%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,光伏资本开支下行、验收波动和订单集中,-2.16,-5.50,-6.46,0.9602,103
300762.SZ,上海瀚讯,深交所,CNY,32.93,2026-08-07,1.04,2.392,4.534833,明显偏贵,30.66346154,12.76672241,2026-08-04,2026,27211850.119791,3,ana-data/result/股票估值/20260804_shanghai_hanxun_valuation/上海瀚讯价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,1276.67,626.16,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿1276.7%，主要在交易盈利修复，并押注军品订单恢复、项目验收、新型号和回款。 当前价还高于乐观情景上沿626.2%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,持续亏损、军品验收和应收账款,-22.92,-28.16,-11.02,0.5510,103
300768.SZ,迪普科技,深交所,CNY,16.89,2026-08-07,4.5225,10.787,20.4953,偏贵,2.73466003,0.56577362,2026-08-06,2026,215682728.065,2,ana-data/result/股票估值/20260806_defense_300768_valuation/迪普科技价格合理性评估_20260806.md,泡沫-高,56.58,-17.59,信创、网络安全或软件国产化预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿56.6%，主要在提前交易信创、网络安全或软件国产化预期，具体押注公开产品包括工控漏洞检测平台、工控监测审计系统和工控防火墙。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,1.26,-5.70,7.16,1.6766,103
300775.SZ,三角防务,深交所,CNY,21.7,2026-08-07,17.52,43.8,83.0375,基本合理,0.23858447,-0.50456621,2026-08-06,2026,399710231.26,1,ana-data/result/股票估值/20260806_defense_300775_valuation/三角防务价格合理性评估_20260806.md,未识别估值泡沫,-50.46,-73.87,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,4.28,-31.83,-5.29,0.6919,103
300777.SZ,中简科技,深交所,CNY,25.12,2026-08-07,13.03845,28.2,53.4625,基本合理,0.92660937,-0.10921986,2026-08-06,2026,206662542.39,1,ana-data/result/股票估值/20260806_defense_300777_valuation/中简科技价格合理性评估_20260806.md,未识别估值泡沫,-10.92,-53.01,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-7.95,-39.41,-13.58,0.4955,103
300797.SZ,钢研纳克,深交所,CNY,12.65,2026-08-07,11.46,26.358,49.970375,基本合理,0.10383944,-0.52006981,2026-08-06,2026,182752720.275,4,ana-data/result/股票估值/20260806_defense_300797_valuation/钢研纳克价格合理性评估_20260806.md,未识别估值泡沫,-52.01,-74.69,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,0.16,-20.14,-5.50,0.8791,103
300810.SZ,中科海讯,深交所,CNY,24.49,2026-08-07,6.527316,11.749169,19.581949,明显偏贵,2.75192499,1.08440274,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300810_valuation/中科海讯价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,108.44,25.06,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿108.4%，主要在交易盈利修复，并押注公开产品包括信号处理平台、声纳系统、水声大数据、仿真训练、无人探测和数据计算中心。 当前价还高于乐观情景上沿25.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；不展开声纳型号、客户、能力参数、部署、数量或交付,1.53,-26.85,-4.76,0.6241,103
300811.SZ,铂科新材,深交所,CNY,70.98,2026-08-07,27.405,65.366,124.1954,偏贵,1.59003831,0.08588563,2026-08-06,2026,588294576.52,3,ana-data/result/股票估值/20260806_defense_300811_valuation/铂科新材价格合理性评估_20260806.md,泡沫-轻,8.59,-42.85,半导体国产替代、AI算力或先进封装预期,轻度乐观预期,价格高于基准合理区间上沿8.6%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注主要产品包括金属软磁粉、金属软磁粉芯及芯片电感等磁元件，应用于光伏、储能、新能源汽车、数据中心、消费电子、智能驾驶、通讯电源和轨道交通等领域。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工材料独立分部；不展开客户、配方、部件、性能参数、数量、产能或交付,-21.48,-31.03,-17.65,0.5774,103
300826.SZ,测绘股份,深交所,CNY,13.77,2026-08-07,0.51996,1.189451,2.259957,明显偏贵,25.48280637,10.57676945,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300826_valuation/测绘股份价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,1057.68,509.30,资源品稀缺性或周期高景气外推,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿1057.7%，主要在提前交易资源品稀缺性或周期高景气外推，具体押注公司业务包括工程测勘技术服务、测绘服务、地理信息系统集成与服务，并提供时空信息数据采集、处理、分析及应用服务。 当前价还高于乐观情景上沿509.3%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工无人系统独立业务；不反向识别区域、设施、数据集、任务、部署、参数或结果,9.03,-18.76,0.02,0.6323,103
300845.SZ,捷安高科,深交所,CNY,10.87,2026-08-07,4.017931,8.863083,16.802928,偏贵,1.70537249,0.22643554,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300845_valuation/捷安高科价格合理性评估_20260806.md,泡沫-中,22.64,-35.31,军工、商业航天或低空经济主题溢价,乐观情景提前定价,价格高于基准合理区间上沿22.6%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品与服务包括轨道交通仿真实训、应急安全实训及航空/航海相关仿真培训。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；当前公开主营以交通和应急安全为主，不将其扩写为军事仿真或军工收入,-16.19,-30.98,-15.47,0.7700,103
300852.SZ,四会富仕,深交所,CNY,45.6,2026-08-07,12.412882,28.395482,53.951415,偏贵,2.67360296,0.60588927,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300852_valuation/四会富仕价格合理性评估_20260806.md,泡沫-高,60.59,-15.48,资源品稀缺性或周期高景气外推,乐观情景被大幅提前资本化,价格高于基准合理区间上沿60.6%，主要在提前交易资源品稀缺性或周期高景气外推，具体押注公开产品覆盖高多层板、HDI板、厚铜板、金属基板、陶瓷基板、软硬结合板及高频高速板等。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明航空装备独立业务；不因通用电子产品潜在用途将公司整体业务航空装备化,-23.02,-12.41,-12.13,0.7556,103
300855.SZ,图南股份,深交所,CNY,30.7,2026-08-07,23.976,55.1448,104.54535,基本合理,0.28044711,-0.44328386,2026-08-06,2026,395135968.5,10,ana-data/result/股票估值/20260806_defense_300855_valuation/图南股份价格合理性评估_20260806.md,未识别估值泡沫,-44.33,-70.63,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-6.06,-25.25,-5.11,0.8412,103
300875.SZ,捷强装备,深交所,CNY,34.76,2026-08-07,8.509469,15.317044,25.528406,明显偏贵,3.08486123,1.26936738,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300875_valuation/捷强装备价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,126.94,36.16,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿126.9%，主要在交易盈利修复，并押注公开产品包括核辐射监测、生物检测、核生化防护洗消装备及相关技术服务。 当前价还高于乐观情景上沿36.2%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；核生化安全与新材料合并口径，不识别具体客户、订单、能力或交付,18.68,-12.97,7.37,1.5731,103
300887.SZ,谱尼测试,深交所,CNY,7.91,2026-08-07,3.48,8.004,15.17425,基本合理,1.27298851,-0.01174413,2026-08-06,2026,79131895.885,2,ana-data/result/股票估值/20260806_defense_300887_valuation/谱尼测试价格合理性评估_20260806.md,未识别估值泡沫,-1.17,-47.87,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,16.15,-20.90,2.13,2.1343,103
300900.SZ,广联航空,深交所,CNY,25.06,2026-08-07,6.248593,11.247468,18.745779,明显偏贵,3.01050284,1.22805702,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300900_valuation/广联航空价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,122.81,33.68,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿122.8%，主要在交易盈利修复，并押注公开产品与服务包括成型及装配工装、航空零部件与复合材料结构、部段装配和相关技术服务。 当前价还高于乐观情景上沿33.7%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；不识别具体客户、机型、订单、产能或交付,-36.89,-48.12,-24.06,0.5551,103
300913.SZ,兆龙互连,深交所,CNY,35.97,2026-08-07,10.773244,24.644675,46.824882,偏贵,2.33882719,0.45954451,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300913_valuation/兆龙互连价格合理性评估_20260806.md,泡沫-中,45.95,-23.18,业务增长、订单兑现和利润率改善预期,乐观情景提前定价,价格高于基准合理区间上沿46.0%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品为数据电缆、专用电缆和连接产品。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-8.19,-38.87,-23.27,0.4748,103
300922.SZ,天秦装备,深交所,CNY,16.97,2026-08-07,4.246558,8.742914,16.786395,明显偏贵,2.99617761,0.94100045,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300922_valuation/天秦装备价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,94.10,1.09,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿94.1%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品类别包括专用防护装置、装备零部件和相关技术服务。 当前价还高于乐观情景上沿1.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；只使用年报已公开高层级表述，不拼接客户、型号、能力、产能或交付,1.68,-10.40,-9.78,0.7973,103
300938.SZ,信测标准,深交所,CNY,28.1,2026-08-07,23.34,53.682,101.772125,基本合理,0.20394173,-0.47654707,2026-08-06,2026,236800198.43,4,ana-data/result/股票估值/20260806_defense_300938_valuation/信测标准价格合理性评估_20260806.md,未识别估值泡沫,-47.65,-72.39,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-37.33,-55.33,-33.16,0.5118,103
300942.SZ,易瑞生物,深交所,CNY,6.69,2026-08-07,1.62,4.2,7.98,偏贵,3.12962963,0.59285714,2026-08-06,2026,48608251.68,1,ana-data/result/股票估值/20260806_defense_300942_valuation/易瑞生物价格合理性评估_20260806.md,泡沫-高,59.29,-16.17,创新药、医疗器械或国产替代预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿59.3%，主要在提前交易创新药、医疗器械或国产替代预期，具体押注主要产品为食品安全快速检测试剂、快速检测仪器及相关快检服务。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,10.40,-13.00,4.40,1.2048,103
300960.SZ,通业科技,深交所,CNY,15.75,2026-08-07,4.280525,9.79205,18.604895,偏贵,2.67945521,0.60844767,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300960_valuation/通业科技价格合理性评估_20260806.md,泡沫-高,60.84,-15.34,业务增长、订单兑现和利润率改善预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿60.8%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公司形成电源产品、智能控制产品、电机及风机产品三大产品类型。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,6.20,-27.75,-6.28,0.9071,103
300963.SZ,中洲特材,深交所,CNY,12.2,2026-08-07,3.325345,7.335319,13.906542,偏贵,2.66879226,0.66318602,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300963_valuation/中洲特材价格合理性评估_20260806.md,泡沫-高,66.32,-12.27,业务增长、订单兑现和利润率改善预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿66.3%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品包括铸造高温耐蚀合金、变形高温耐蚀合金和特种合金焊材。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,材料应用跨油气、电力、化工等多领域；公司整体收入不能全量归入军工材料,3.65,-30.48,-9.21,2.2391,103
300965.SZ,恒宇信通,深交所,CNY,43.5,2026-08-07,4.15158,8.547371,16.410953,明显偏贵,9.47793852,4.08928418,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300965_valuation/恒宇信通价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,408.93,165.07,智能汽车、汽车电子或电动化渗透预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿408.9%，主要在提前交易智能汽车、汽车电子或电动化渗透预期，具体押注公开产品体系包括图形图像处理及显示、综合视景及可视化导航、任务规划及模拟训练和高可靠性专用电子模块。 当前价还高于乐观情景上沿165.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本94日）,只保留高层级产品体系，不展开具体平台、功能参数、任务、部署或能力,8.48,-45.08,-10.86,0.3568,94
300969.SZ,恒帅股份,深交所,CNY,76.33,2026-08-07,30.31875,67.62,133.126875,偏贵,1.517584,0.12880804,2026-08-05,2026,205804768.3125,4,ana-data/result/股票估值/20260805_hengshuai_valuation/恒帅股份价格合理性评估_20260805.md,泡沫-轻,12.88,-42.66,业务增长、订单兑现和利润率改善预期,轻度乐观预期,价格高于基准合理区间上沿12.9%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注新车型放量、单车价值、海外客户和产能爬坡。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户集中、汽车价格战和扩产执行,-20.18,-48.31,-25.89,0.4337,103
300984.SZ,金沃股份,深交所,CNY,34.58,2026-08-07,10.8,25.76,48.944,偏贵,2.20185185,0.3423913,2026-08-06,2026,98614881.6,3,ana-data/result/股票估值/20260806_defense_300984_valuation/金沃股份价格合理性评估_20260806.md,泡沫-中,34.24,-29.35,业务增长、订单兑现和利润率改善预期,乐观情景提前定价,价格高于基准合理区间上沿34.2%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品覆盖球类、滚针类和滚子类等轴承套圈。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-12.96,-50.33,-32.59,0.6488,103
300985.SZ,致远新能,深交所,CNY,33.7,2026-08-07,4.739435,8.530983,14.218306,明显偏贵,6.11055221,2.95030678,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300985_valuation/致远新能价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,295.03,137.02,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿295.0%，主要在交易盈利修复，并押注公开产品包括车载LNG供气系统、LNG动力船燃料系统和低温储罐。 当前价还高于乐观情景上沿137.0%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-28.11,37.55,3.54,0.7010,103
300992.SZ,泰福泵业,深交所,CNY,23.93,2026-08-07,9.463155,17.033679,28.389465,偏贵,1.52875494,0.40486386,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300992_valuation/泰福泵业价格合理性评估_20260806.md,泡沫-中,40.49,-15.71,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿40.5%，主要在交易盈利修复，并押注公开产品包含井用潜水泵。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本98日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-3.35,-19.62,-5.49,0.5715,98
300996.SZ,普联软件,深交所,CNY,19.66,2026-08-07,7.02,17.55,34.125,偏贵,1.8005698,0.12022792,2026-08-06,2026,110282658.72,1,ana-data/result/股票估值/20260806_puhua_software_valuation/普联软件价格合理性评估_20260806.md,泡沫-轻,12.02,-42.39,业务增长、订单兑现和利润率改善预期,轻度乐观预期；趋势动量与交易拥挤,价格高于基准合理区间上沿12.0%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注订单增长、交付验收、续费率和费用控制。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 近60个交易日上涨52.0%，并高于60日均线57.1%，量价趋势可能放大估值溢价。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本101日）,项目回款、客户集中和费用投入,79.87,52.05,57.13,6.1411,101
301005.SZ,超捷股份,深交所,CNY,81.03,2026-08-07,1.728724,3.559137,6.833543,明显偏贵,45.87272231,21.76675497,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301005_valuation/超捷股份价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,2176.68,1085.77,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿2176.7%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开航空业务包括飞机零部件生产、组装和表面处理，并开展商业航天结构件制造。 当前价还高于乐观情景上沿1085.8%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开报告中的具体结构件名称、客户、型号、任务、工艺、数量、产能或交付,-21.25,-57.44,-21.11,0.7888,103
301021.SZ,英诺激光,深交所,CNY,69.35,2026-08-07,10.185,23.4255,46.851,明显偏贵,5.80903289,1.96044908,2026-08-05,2026,74133602.18,2,ana-data/result/股票估值/20260805_inno_laser_valuation/英诺激光价格合理性评估_20260805.md,泡沫-极端（超过乐观上沿）,196.04,48.02,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿196.0%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注消费电子新品、先进封装需求、客户验证和产品结构。 当前价还高于乐观情景上沿48.0%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,需求波动、客户验证和盈利修复,-30.26,-1.15,-22.08,0.6617,103
301050.SZ,雷电微力,深交所,CNY,31.72,2026-08-07,2.272213,5.012235,9.502362,明显偏贵,12.95995886,5.32851413,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301050_valuation/雷电微力价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,532.85,233.81,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿532.9%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注主要出货产品包括TR组件和阵列天线，应用于雷达、通信等场景。 当前价还高于乐观情景上沿233.8%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,依法公开信息不足以核验具体军事客户、能力、型号、部署和产能,-3.20,-24.58,-6.81,0.5563,103
301063.SZ,海锅股份,深交所,CNY,17.5,2026-08-07,5.175723,11.83989,22.49579,偏贵,2.38117013,0.47805427,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301063_valuation/海锅股份价格合理性评估_20260806.md,泡沫-中,47.81,-22.21,新能源、储能或电动化成长预期,乐观情景提前定价,价格高于基准合理区间上沿47.8%，主要在提前交易新能源、储能或电动化成长预期，具体押注主要产品包括油气装备锻件、风电装备锻件、机械装备锻件和其他锻件，应用覆盖油气开采、风力发电、机械装备、船舶和核电。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,船舶只是多类应用之一；不展开客户、装置、锻件参数、数量、产能或交付,8.49,-25.21,-4.76,0.9289,103
301091.SZ,深城交,深交所,CNY,18.96,2026-08-07,4.27,9.821,19.642,偏贵,3.44028103,0.93055697,2026-08-04,2026,107213599.999824,3,ana-data/result/股票估值/20260805_shenzhen_urban_transport_valuation/深城交价格合理性评估_20260804.md,泡沫-高,93.06,-3.47,业务增长、订单兑现和利润率改善预期,乐观情景被大幅提前资本化；短期动量放大,价格高于基准合理区间上沿93.1%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注交通数字化项目、咨询订单和数据服务。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 近20个交易日上涨22.5%，高于60日均线9.0%，短期动量可能放大估值溢价。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,政府项目回款、订单波动和高估值,22.48,-14.17,8.99,1.5743,103
301115.SZ,联检科技,深交所,CNY,30.88,2026-08-07,2.565,6.65,12.635,明显偏贵,11.03898635,3.64360902,2026-08-06,2026,34869721.5,1,ana-data/result/股票估值/20260806_defense_301115_valuation/联检科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,364.36,144.40,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿364.4%，主要在交易盈利修复，并押注公开工程服务包括交通、水利、铁路、房建、人防、消防、电力等工程检测服务。 当前价还高于乐观情景上沿144.4%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,2.83,16.22,6.53,0.8484,103
301117.SZ,佳缘科技,深交所,CNY,18.58,2026-08-07,9.592865,17.267158,28.778596,偏贵,0.93685619,0.07603116,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301117_valuation/佳缘科技价格合理性评估_20260806.md,泡沫-轻,7.60,-35.44,盈利修复或扭亏预期提前定价,轻度乐观预期,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿7.6%，主要在交易盈利修复，并押注公开产品与服务包括网络信息安全、信息化综合解决方案和人工智能相关应用。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,只保留法定披露的高层级领域，不反向识别客户、系统、任务或能力,9.88,-59.21,-25.00,0.8227,103
301137.SZ,哈焊华通,深交所,CNY,35.72,2026-08-07,2.257992,5.165342,9.81415,明显偏贵,14.81936517,5.91532139,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301137_valuation/哈焊华通价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,591.53,263.96,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿591.5%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品包括实心焊丝、药芯焊丝、特种焊条、焊剂、焊带及热双金属产品。 当前价还高于乐观情景上沿264.0%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,13.79,-21.97,-1.70,2.3713,103
301158.SZ,德石股份,深交所,CNY,14.8,2026-08-07,11.205,29.05,55.195,基本合理,0.32083891,-0.49053356,2026-08-06,2026,124807523.3,1,ana-data/result/股票估值/20260806_defense_301158_valuation/德石股份价格合理性评估_20260806.md,未识别估值泡沫,-49.05,-73.19,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,6.71,-45.10,-8.51,1.1920,103
301191.SZ,菲菱科思,深交所,CNY,95.68,2026-08-07,17.685,45.85,87.115,明显偏贵,4.41023466,1.0868048,2026-08-06,2026,90838020.0,1,ana-data/result/股票估值/20260806_defense_301191_valuation/菲菱科思价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,108.68,9.83,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿108.7%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注公开产品包括交换机、路由器及无线产品、通信设备组件和汽车电子产品。 当前价还高于乐观情景上沿9.8%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-24.06,-40.81,-16.19,0.6459,103
301205.SZ,联特科技,深交所,CNY,281.88,2026-08-07,27.225,64.936667,123.379667,明显偏贵,9.35371901,3.3408449,2026-08-06,2026,261650400.000043,3,ana-data/result/股票估值/20260806_defense_301205_valuation/联特科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,334.08,128.47,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿334.1%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注公司开发高速率、智能化、低成本、低功耗的中高端光模块产品。 当前价还高于乐观情景上沿128.5%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,3.63,-4.66,-0.57,1.1213,103
301213.SZ,观想科技,深交所,CNY,45.0,2026-08-07,6.453603,14.235888,26.988871,明显偏贵,5.97284912,2.16102515,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301213_valuation/观想科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,216.10,66.74,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿216.1%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品与服务包括全寿命周期管理系统及相关装备信息化解决方案。 当前价还高于乐观情景上沿66.7%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开客户、装备型号、任务、参数、系统、部署、数量或交付；民用业务不计入军工结论,0.29,-40.19,-9.13,1.1900,103
301217.SZ,铜冠铜箔,深交所,CNY,115.81,2026-08-07,6.904688,17.645313,34.584813,明显偏贵,15.77266228,5.56321597,2026-08-04,2026,508808290.13,4,ana-data/result/股票估值/20260805_tongguan_foil_valuation/铜冠铜箔价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,556.32,234.86,新能源、储能或电动化成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿556.3%，主要在提前交易新能源、储能或电动化成长预期，具体押注铜箔销量、加工费、良率和产能利用率。 当前价还高于乐观情景上沿234.9%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,供给过剩、加工费和扩产折旧,-17.09,16.97,-5.82,0.8946,103
301226.SZ,祥明智能,深交所,CNY,30.2,2026-08-07,1.24,2.836602,5.389545,明显偏贵,23.35483871,9.64654118,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301226_valuation/祥明智能价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,964.65,460.34,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿964.7%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开微特电机包括交流异步电机、直流有刷电机、直流无刷电机三大系列。 当前价还高于乐观情景上沿460.3%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,2.10,-28.45,-7.61,0.4785,103
301228.SZ,实朴检测,深交所,CNY,69.51,2026-08-07,4.993146,8.987663,14.979438,明显偏贵,12.92108302,6.73393484,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301228_valuation/实朴检测价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,673.39,364.04,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿673.4%，主要在交易盈利修复，并押注公开服务包括土壤与地下水、水气、农食、消费品、计量校准和海洋环境监测等。 当前价还高于乐观情景上沿364.0%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,海洋环境监测不等同舰船或军工试验检测；不因检测能力和潜在用途反向识别客户或任务,-7.64,11.04,-0.26,1.0034,103
301233.SZ,盛帮股份,深交所,CNY,33.51,2026-08-07,30.484069,62.761318,120.501731,基本合理,0.0992627,-0.4660724,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301233_valuation/盛帮股份价格合理性评估_20260806.md,未识别估值泡沫,-46.61,-72.19,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,5.68,-45.57,-23.84,0.3601,103
301255.SZ,通力科技,深交所,CNY,20.56,2026-08-07,2.937011,6.718652,12.765438,明显偏贵,6.00031427,2.06013766,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301255_valuation/通力科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,206.01,61.06,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿206.0%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品为自主品牌通力系列减速机，包括通用减速机和工业齿轮箱。 当前价还高于乐观情景上沿61.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-1.01,-32.35,-11.94,0.3577,103
301269.SZ,华大九天,深交所,CNY,94.69,2026-08-07,9.06,20.838,38.8976,明显偏贵,9.45143488,3.54410212,2026-08-04,2026,132366514.9568,5,ana-data/result/股票估值/20260804_empyrean_valuation/华大九天价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,354.41,143.43,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿354.4%，主要在交易盈利修复，并押注软件许可、技术服务、国产替代和续费。 当前价还高于乐观情景上沿143.4%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,尚未稳定盈利、研发投入和高估值,-23.27,-1.33,-9.19,0.3786,103
301289.SZ,国缆检测,深交所,CNY,43.6,2026-08-07,32.59054,71.890897,136.293159,基本合理,0.33781152,-0.39352544,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301289_valuation/国缆检测价格合理性评估_20260806.md,未识别估值泡沫,-39.35,-68.01,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-2.07,-23.86,-7.97,0.6257,103
301302.SZ,华如科技,深交所,CNY,23.99,2026-08-07,9.412731,16.942917,28.238194,偏贵,1.54867583,0.41593092,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301302_valuation/华如科技价格合理性评估_20260806.md,泡沫-中,41.59,-15.04,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿41.6%，主要在交易盈利修复，并押注公开产品与解决方案覆盖智能决策、虚拟训练、数智试验、模训器材和智能装备等应用领域。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开军事场景、客户、装备论证对象、能力参数或试验结果；不把仿真能力等同实际装备能力,-0.33,-9.33,-7.02,0.7940,103
301306.SZ,西测测试,深交所,CNY,97.0,2026-08-07,9.962016,17.931628,29.886047,明显偏贵,8.73698496,4.40943633,2026-08-06,2026,-16880000.0,1,ana-data/result/股票估值/20260806_defense_301306_valuation/西测测试价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,440.94,224.57,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿440.9%，主要在交易盈利修复，并押注公开服务覆盖检测、电子装联、方案咨询、失效分析及可靠性验证，具有多项公开资质。 当前价还高于乐观情景上沿224.6%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,技术服务覆盖军工、民航和商业航天等多领域；公司总收入不能全量归入军工,-37.36,-40.78,-25.92,0.6146,103
301307.SZ,美利信,深交所,CNY,52.74,2026-08-07,2.625,7.0,13.475,明显偏贵,19.09142857,6.53428571,2026-08-04,2026,29484000.0,1,ana-data/result/股票估值/20260804_millison_valuation/美利信价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,653.43,291.39,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿653.4%，主要在交易盈利修复，并押注压铸件销量、客户车型放量和产能利用率。 当前价还高于乐观情景上沿291.4%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,当前亏损、汽车客户周期和扩产折旧,-43.19,-8.50,-16.35,0.5775,103
301308.SZ,江波龙,深交所,CNY,386.6,2026-08-07,687.04125,1580.194875,3160.38975,偏低,-0.43729725,-0.75534663,2026-08-05,2026,13712861341.48875,8,ana-data/result/股票估值/20260805_biwin_storage_valuation/江波龙价格合理性评估_20260805.md,未识别估值泡沫,-75.53,-87.77,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-37.65,-36.82,-25.72,0.6967,103
301357.SZ,北方长龙,深交所,CNY,94.36,2026-08-07,4.02691,8.290696,15.918137,明显偏贵,22.43235881,10.38143287,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301357_valuation/北方长龙价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,1038.14,492.78,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿1038.1%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注主要产品按应用场景分为军用车辆人机环系统内饰、弹药装备、军用车辆辅助装备、军用车辆通信装备和无人机。 当前价还高于乐观情景上沿492.8%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开具体车辆型号、任务、客户、参数、数量、产能或交付,23.80,-16.06,7.81,1.8147,103
301368.SZ,丰立智能,深交所,CNY,43.07,2026-08-07,7.848402,14.127124,23.545207,明显偏贵,4.48774133,2.04874509,2026-08-05,,,0,ana-data/result/股票估值/20260805_fengli_intelligent_valuation/丰立智能价格合理性评估_20260805.md,泡沫-极端（超过乐观上沿）,204.87,82.92,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿204.9%，主要在交易盈利修复，并押注机器人需求、客户导入、产能利用率和产品升级。 当前价还高于乐观情景上沿82.9%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,机器人主题预期、客户验证和规模较小,2.43,-19.31,-3.79,0.7081,103
301392.SZ,汇成真空,深交所,CNY,175.68,2026-08-07,30.7125,80.4375,153.5625,明显偏贵,4.72014652,1.18405594,2026-08-04,2026,117000000.0,1,ana-data/result/股票估值/20260804_huicheng_vacuum_valuation/汇成真空价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,118.41,14.40,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿118.4%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注定制设备验收、在手订单和下游扩产。 当前价还高于乐观情景上沿14.4%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,项目制收入波动和客户集中,-36.03,-9.74,-9.95,0.7861,103
301413.SZ,安培龙,深交所,CNY,66.51,2026-08-07,33.6,77.28,153.272,基本合理,0.97946429,-0.13936335,2026-08-04,2026,143273289.6,4,ana-data/result/股票估值/20260805_ampron_valuation/安培龙价格合理性评估_20260804.md,未识别估值泡沫,-13.94,-56.61,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-2.33,-45.55,-18.42,0.7632,103
301421.SZ,波长光电,深交所,CNY,77.51,2026-08-07,7.5,20.0,38.5,明显偏贵,9.33466667,2.8755,2026-08-04,2026,46287200.0,1,ana-data/result/股票估值/20260804_wavelength_opto_valuation/波长光电价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,287.55,101.32,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿287.6%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注激光、机器视觉等应用销量和产品结构。 当前价还高于乐观情景上沿101.3%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,需求波动、客户集中和高估值,-23.86,-28.56,-16.11,0.7423,103
301508.SZ,中机认检,深交所,CNY,23.74,2026-08-07,16.377375,36.126563,68.489941,基本合理,0.44956075,-0.3428658,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301508_valuation/中机认检价格合理性评估_20260806.md,未识别估值泡沫,-34.29,-65.34,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,5.28,-19.66,-3.67,1.5146,103
301517.SZ,陕西华达,深交所,CNY,41.0,2026-08-07,5.04,12.6,23.8875,明显偏贵,7.13492063,2.25396825,2026-08-06,2026,31759849.8,1,ana-data/result/股票估值/20260806_defense_301517_valuation/陕西华达价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,225.40,71.64,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿225.4%，主要在交易盈利修复，并押注公开产品体系包括射频同轴连接器、低频连接器和射频同轴电缆组件，并布局微波与高速连接方向。 当前价还高于乐观情景上沿71.6%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开具体工程、客户、型号、产品参数、项目、数量或交付,-13.72,-42.85,-17.53,0.5651,103
301529.SZ,福赛科技,深交所,CNY,80.14,2026-08-07,32.615,72.741333,143.2095,偏贵,1.45715162,0.10171201,2026-08-05,2026,167694885.100028,3,ana-data/result/股票估值/20260805_fosai_technology_valuation/福赛科技价格合理性评估_20260805.md,泡沫-轻,10.17,-44.04,业务增长、订单兑现和利润率改善预期,轻度乐观预期,价格高于基准合理区间上沿10.2%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注客户车型销量、单车价值、海外工厂和原料成本。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户集中、汽车周期和海外经营,-27.59,-49.59,-27.23,0.5163,103
301550.SZ,斯菱智驱,深交所,CNY,73.95,2026-08-07,17.221875,42.251,81.333175,偏贵,3.29395754,0.75025443,2026-08-04,2026,308017826.875,6,ana-data/result/股票估值/20260805_silin_valuation/斯菱智驱价格合理性评估_20260804.md,泡沫-高,75.03,-9.08,机器人、自动化或智能制造成长预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿75.0%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注汽车轴承销量、客户拓展和机器人新业务。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户集中和新业务商业化,-14.80,-59.41,-30.79,0.4788,103
301583.SZ,托伦斯精密制造（江苏）股份有限公司,深交所,CNY,148.8,2026-08-07,12.667895,27.943886,52.161921,明显偏贵,10.74622935,4.32495731,2026-08-04,,,0,ana-data/result/股票估值/20260804_tolerance_precision_valuation/托伦斯精密制造（江苏）股份有限公司价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,432.50,185.27,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿432.5%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注本土设备客户扩产、零部件放量、良率和产能利用率。 当前价还高于乐观情景上沿185.3%，说明市场计入了超过现有乐观模型的额外预期。 前复权行情样本仅20个交易日，不足以形成完整60日涨幅，长期动量不参与原因判断。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本20日）,上市初期估值过高、客户集中、限售股和业绩兑现,,,,0.7508,20
301586.SZ,佳力奇,深交所,CNY,31.41,2026-08-07,8.49966,17.4993,33.598656,偏贵,2.69544194,0.79492894,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301586_valuation/佳力奇价格合理性评估_20260806.md,泡沫-高,79.49,-6.51,军工、商业航天或低空经济主题溢价,乐观情景被大幅提前资本化,价格高于基准合理区间上沿79.5%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开核心产品为飞机复材零部件和导弹复材零部件，并开展制造及技术服务、自研材料和检验检测。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开具体客户、型号、部位、参数、任务、产量或交付；公司整体财务不等同军工分部,1.72,-30.66,-9.07,0.8206,103
301596.SZ,瑞迪智驱,深交所,CNY,49.12,2026-08-07,26.845463,59.217934,117.448902,基本合理,0.8297319,-0.17052155,2026-08-04,,,0,ana-data/result/股票估值/20260805_rendi_valuation/瑞迪智驱价格合理性评估_20260804.md,未识别估值泡沫,-17.05,-58.18,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-12.88,-32.15,-18.91,1.0737,103
301611.SZ,珂玛科技,深交所,CNY,100.94,2026-08-07,18.9375,50.5,97.2125,明显偏贵,4.33016502,0.99881188,2026-08-04,2026,440360000.0,1,ana-data/result/股票估值/20260804_fountyl_valuation/珂玛科技价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,99.88,3.83,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿99.9%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注陶瓷加热器等产品放量、良率和高端产品占比。 当前价还高于乐观情景上沿3.8%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,扩产、客户认证和单一赛道估值溢价,-35.42,-15.79,-14.62,0.6348,103
600031.SH,三一重工,上交所,CNY,19.58,2026-08-07,15.83982,37.780904,71.783718,基本合理,0.23612516,-0.48174877,2026-08-06,2026,10788682606.02084,26,ana-data/result/股票估值/20260806_defense_600031_valuation/三一重工价格合理性评估_20260806.md,未识别估值泡沫,-48.17,-72.72,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,5.44,-8.46,3.30,0.8461,103
600038.SH,中直股份,上交所,CNY,26.34,2026-08-07,16.9125,36.3055,69.70656,基本合理,0.55742794,-0.27449009,2026-08-06,2026,739543678.126,5,ana-data/result/股票估值/20260806_defense_600038_valuation/中直股份价格合理性评估_20260806.md,未识别估值泡沫,-27.45,-62.21,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,5.36,-15.69,-1.61,0.8087,103
600072.SH,中船科技,上交所,CNY,8.86,2026-08-07,5.068564,9.123415,15.205692,基本合理,0.74802962,-0.02887241,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600072_valuation/中船科技价格合理性评估_20260806.md,未识别估值泡沫,-2.89,-41.73,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,9.38,-36.26,-9.13,0.6851,103
600111.SH,北方稀土,上交所,CNY,44.06,2026-08-07,10.422,26.634,52.20264,偏贵,3.22759547,0.65427649,2026-08-04,2026,4186246245.036,5,ana-data/result/股票估值/20260804_northern_rare_earth_valuation/北方稀土价格合理性评估_20260804.md,泡沫-高,65.43,-15.60,资源品稀缺性或周期高景气外推,乐观情景被大幅提前资本化,价格高于基准合理区间上沿65.4%，主要在提前交易资源品稀缺性或周期高景气外推，具体押注稀土价格、配额、销量、成本和产品结构。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,稀土价格周期、政策配额和库存波动,2.51,-21.55,-4.68,0.7551,103
600114.SH,东睦股份,上交所,CNY,29.42,2026-08-07,15.345,36.600667,69.541267,基本合理,0.91723688,-0.19618951,2026-08-06,2026,717672552.190211,3,ana-data/result/股票估值/20260806_defense_600114_valuation/东睦股份价格合理性评估_20260806.md,未识别估值泡沫,-19.62,-57.69,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-14.20,-15.61,-15.44,0.5589,103
600118.SH,中国卫星,上交所,CNY,68.68,2026-08-07,1.1875,2.549167,4.8944,明显偏贵,56.83578947,25.94213443,2026-08-04,2026,74890978.549606,3,ana-data/result/股票估值/20260804_china_satellite_valuation/中国卫星价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,2594.21,1303.24,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿2594.2%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注卫星型号任务、交付节奏、应用业务和成本控制。 当前价还高于乐观情景上沿1303.2%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,项目验收、低利润率和商业航天预期,-16.08,-38.68,-9.85,0.6644,103
600148.SH,长春一东,上交所,CNY,15.0,2026-08-07,1.291807,2.659602,5.106436,明显偏贵,10.61164168,4.63994162,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600148_valuation/长春一东价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,463.99,193.75,新能源、储能或电动化成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿464.0%，主要在提前交易新能源、储能或电动化成长预期，具体押注公开核心产品为商用车离合器和驾驶室液压翻转机构，并布局AMT控制系统、扭转减振器、液压尾板及新能源汽车部件。 当前价还高于乐观情景上沿193.7%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,目标赛道为相邻候选；公司整体收入不等同军工或特种车辆业务收入,3.31,-22.32,-5.37,0.7629,103
600150.SH,中国船舶,上交所,CNY,34.85,2026-08-07,47.190865,101.303058,194.501871,偏低,-0.26150962,-0.65598274,2026-08-06,2026,18940830994.004383,13,ana-data/result/股票估值/20260806_defense_600150_valuation/中国船舶价格合理性评估_20260806.md,未识别估值泡沫,-65.60,-82.08,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-3.36,-16.57,-2.51,0.7430,103
600151.SH,航天机电,上交所,CNY,11.12,2026-08-07,3.071647,5.528965,9.214941,明显偏贵,2.62020766,1.01122633,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600151_valuation/航天机电价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,101.12,20.67,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿101.1%，主要在交易盈利修复，并押注公开产品与服务集中在汽车热交换器、冷却模块、空调箱、压缩机和光伏组件等民用制造领域。 当前价还高于乐观情景上沿20.7%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,公司名称及控股背景不构成航天装备业务证明；公司整体收入和研发不得归入航天分部,6.51,-29.22,-4.07,0.6517,103
600178.SH,东安动力,上交所,CNY,9.49,2026-08-07,5.443663,9.798593,16.330988,基本合理,0.74331144,-0.0314936,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600178_valuation/东安动力价格合理性评估_20260806.md,未识别估值泡沫,-3.15,-41.89,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,7.47,-10.13,0.90,0.6947,103
600183.SH,生益科技,上交所,CNY,139.98,2026-08-07,57.285,131.7555,266.4389,偏贵,1.44357162,0.06242244,2026-08-04,2026,6184243343.82,10,ana-data/result/股票估值/20260804_shengyi_technology_valuation/生益科技价格合理性评估_20260804.md,泡沫-轻,6.24,-47.46,资源品稀缺性或周期高景气外推,轻度乐观预期,价格高于基准合理区间上沿6.2%，主要在提前交易资源品稀缺性或周期高景气外推，具体押注AI高速覆铜板需求、产品升级、产能利用率和原料价差。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,高估值、原料价格和AI需求不及预期,-11.07,48.63,0.89,0.7798,103
600184.SH,光电股份,上交所,CNY,18.24,2026-08-07,2.8125,6.5625,12.6,明显偏贵,5.48533333,1.77942857,2026-08-06,2026,87409120.2,1,ana-data/result/股票估值/20260806_defense_600184_valuation/光电股份价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,177.94,44.76,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿177.9%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品边界为防务光电系统、光电信息装备以及光电材料和元器件，不展开型号与参数。 当前价还高于乐观情景上沿44.8%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；严格保留脱密边界，不重构型号、客户、产能或交付,-18.28,-37.36,-23.21,0.3206,103
600206.SH,有研新材,上交所,CNY,48.17,2026-08-07,7.155,18.55,35.245,明显偏贵,5.732355,1.5967655,2026-08-06,2026,448673265.96,1,ana-data/result/股票估值/20260806_defense_600206_valuation/有研新材价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,159.68,36.67,资源品稀缺性或周期高景气外推,超出乐观情景的叙事与情绪溢价；趋势动量与交易拥挤,价格高于基准合理区间上沿159.7%，主要在提前交易资源品稀缺性或周期高景气外推，具体押注稀土材料业务拥有从稀土矿山到稀土功能材料的产业链，主要产品包括稀土化合物、稀土金属和稀土合金。 当前价还高于乐观情景上沿36.7%，说明市场计入了超过现有乐观模型的额外预期。 近60个交易日上涨54.8%，并高于60日均线17.5%，量价趋势可能放大估值溢价。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-18.88,54.79,17.47,0.7995,103
600259.SH,中稀有色,上交所,CNY,90.68,2026-08-07,23.8275,56.833,107.9827,偏贵,2.80568671,0.59555188,2026-08-06,2026,593809381.15,2,ana-data/result/股票估值/20260806_defense_600259_valuation/中稀有色价格合理性评估_20260806.md,泡沫-高,59.56,-16.02,资源品稀缺性或周期高景气外推,乐观情景被大幅提前资本化,价格高于基准合理区间上沿59.6%，主要在提前交易资源品稀缺性或周期高景气外推，具体押注主要产品包括稀土精矿、混合稀土、稀土氧化物和永磁材料。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,6.18,-13.29,2.11,0.8117,103
600262.SH,北方股份,上交所,CNY,15.43,2026-08-07,19.227202,43.983795,83.569211,偏低,-0.19749114,-0.64918898,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600262_valuation/北方股份价格合理性评估_20260806.md,未识别估值泡沫,-64.92,-81.54,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-20.34,-38.65,-21.79,1.8758,103
600271.SH,航天信息,上交所,CNY,6.94,2026-08-07,7.006878,12.612381,21.020635,偏低,-0.00954462,-0.44974704,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600271_valuation/航天信息价格合理性评估_20260806.md,未识别估值泡沫,-44.97,-66.98,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,6.12,-19.58,-1.88,1.0882,103
600276.SH,恒瑞医药,上交所,CNY,54.62,2026-08-07,29.72424,73.24902,148.125796,基本合理,0.8375575,-0.25432449,2026-08-04,2026,9394558189.65456,25,ana-data/result/股票估值/20260804_hengrui_pharma_valuation/恒瑞医药价格合理性评估_20260804.md,未识别估值泡沫,-25.43,-63.13,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-1.78,-2.22,5.65,0.9407,103
600316.SH,洪都航空,上交所,CNY,25.94,2026-08-07,4.23125,9.083083,17.43952,明显偏贵,5.13057607,1.85585852,2026-08-06,2026,161828841.541572,3,ana-data/result/股票估值/20260806_defense_600316_valuation/洪都航空价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,185.59,48.74,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿185.6%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品边界包括初级、中级和高级教练机及综合训练解决方案。 当前价还高于乐观情景上沿48.7%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2 轻量卡；不推断具体客户、型号、合同、产能或后续交付,-7.36,-24.51,-6.74,0.8964,103
600320.SH,振华重工,上交所,CNY,4.17,2026-08-07,3.42225,8.1627,15.50913,基本合理,0.2184966,-0.48913962,2026-08-06,2026,1335527612.5035,2,ana-data/result/股票估值/20260806_defense_600320_valuation/振华重工价格合理性评估_20260806.md,未识别估值泡沫,-48.91,-73.11,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,4.25,-22.35,-5.51,0.8524,103
600330.SH,天通股份,上交所,CNY,23.01,2026-08-07,0.7425,1.771,3.3649,明显偏贵,29.98989899,11.99265951,2026-08-06,2026,67838892.88,2,ana-data/result/股票估值/20260806_defense_600330_valuation/天通股份价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,1199.27,583.82,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿1199.3%，主要在交易盈利修复，并押注磁性材料产品包括锰锌和镍锌铁氧体、金属软磁制品、磁性薄片、一体成型电感及滤波器件，应用覆盖新能源汽车、光伏储能、数据中心、工业电子和航空航天等领域。 当前价还高于乐观情景上沿583.8%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,航空航天只是多类应用之一；不展开客户、器件、材料参数、产能、数量或交付,-8.40,-34.39,-13.59,0.6807,103
600343.SH,航天动力,上交所,CNY,20.28,2026-08-07,1.995646,3.592162,5.986937,明显偏贵,9.16212294,4.64562511,2026-08-04,,,0,ana-data/result/股票估值/20260804_aerospace_power_valuation/航天动力价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,464.56,238.74,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿464.6%，主要在交易盈利修复，并押注型号订单、项目验收、产品结构和费用控制。 当前价还高于乐观情景上沿238.7%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,长期低盈利、应收回款和资产质量,-19.52,-49.45,-18.01,0.5540,103
600360.SH,华微电子,上交所,CNY,10.51,2026-08-07,1.732678,3.963642,7.530919,明显偏贵,5.06575486,1.65160173,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600360_valuation/华微电子价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,165.16,39.56,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿165.2%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注产品覆盖IPM、PM模块、宽禁带半导体、IGBT、MOS、FRD、SBD、SCR和BJT。 当前价还高于乐观情景上沿39.6%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本102日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-34.27,-7.89,-14.20,0.4947,102
600366.SH,宁波韵升,上交所,CNY,12.25,2026-08-07,7.02,18.2,34.58,基本合理,0.74501425,-0.32692308,2026-08-06,2026,571501346.52,1,ana-data/result/股票估值/20260806_defense_600366_valuation/宁波韵升价格合理性评估_20260806.md,未识别估值泡沫,-32.69,-64.57,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-19.51,-10.71,-7.67,0.8241,103
600372.SH,中航机载,上交所,CNY,11.31,2026-08-07,4.645833,9.973056,19.148267,偏贵,1.43443964,0.1340556,2026-08-06,2026,1198971053.878853,9,ana-data/result/股票估值/20260806_defense_600372_valuation/中航机载价格合理性评估_20260806.md,泡沫-轻,13.41,-40.93,军工、商业航天或低空经济主题溢价,轻度乐观预期,价格高于基准合理区间上沿13.4%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品与服务覆盖航空电子系统、飞行控制系统、航空机电系统及发动机配套电子和机电设备。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,公司业务横跨航空防务、民航及多类现代产业；不得从合并财务和公开产品反推具体客户、型号、产能或交付,0.44,-16.47,0.40,0.7989,103
600378.SH,昊华科技,上交所,CNY,49.09,2026-08-07,21.897,52.2284,99.23396,基本合理,1.24185962,-0.06008991,2026-08-04,2026,2092379383.64,10,ana-data/result/股票估值/20260804_haohua_technology_valuation/昊华科技价格合理性评估_20260804.md,未识别估值泡沫,-6.01,-50.53,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-25.85,39.30,-4.69,0.8102,103
600391.SH,航发科技,上交所,CNY,30.77,2026-08-07,6.026786,12.9375,24.84,明显偏贵,4.1055405,1.37835749,2026-08-06,2026,106113010.82157,7,ana-data/result/股票估值/20260806_defense_600391_valuation/航发科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,137.84,23.87,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿137.8%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品范围为航空发动机及燃气轮机零部件。 当前价还高于乐观情景上沿23.9%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,内贸航空、衍生产品与外贸转包合并披露；公司整体财务不能全量归入军工航空,1.58,-30.96,-7.12,0.7279,103
600392.SH,盛和资源,上交所,CNY,23.94,2026-08-07,10.395,26.95,51.205,基本合理,1.3030303,-0.11168831,2026-08-06,2026,1349676458.9,1,ana-data/result/股票估值/20260806_defense_600392_valuation/盛和资源价格合理性评估_20260806.md,未识别估值泡沫,-11.17,-53.25,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-3.66,-9.63,-2.81,0.7896,103
600399.SH,抚顺特钢,上交所,CNY,4.31,2026-08-07,0.75,1.75,3.36,明显偏贵,4.74666667,1.46285714,2026-08-04,2026,78884000.0,1,ana-data/result/股票估值/20260805_fushun_special_steel_valuation/抚顺特钢价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,146.29,28.27,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿146.3%，主要在交易盈利修复，并押注高端特钢销量、产品结构、原料价格和产能利用率。 当前价还高于乐观情景上沿28.3%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,原料周期、需求波动和历史治理风险,10.51,-21.64,-1.77,0.7978,103
600416.SH,湘电股份,上交所,CNY,9.05,2026-08-07,4.265625,9.156875,17.5812,基本合理,1.12161172,-0.01167156,2026-08-06,2026,335740492.36,4,ana-data/result/股票估值/20260806_defense_600416_valuation/湘电股份价格合理性评估_20260806.md,未识别估值泡沫,-1.17,-48.52,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,0.67,-29.90,-11.11,0.4674,103
600435.SH,北方导航,上交所,CNY,10.52,2026-08-07,1.921875,4.125625,7.9212,明显偏贵,4.47382114,1.54991668,2026-08-06,2026,155016669.2725,13,ana-data/result/股票估值/20260806_defense_600435_valuation/北方导航价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,154.99,32.81,信创、网络安全或软件国产化预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿155.0%，主要在提前交易信创、网络安全或软件国产化预期，具体押注公开技术体系涵盖制导与控制、目标识别、光电探测与导引、集群组网通信及集成连接等高层级方向。 当前价还高于乐观情景上沿32.8%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,军品信息披露存在明确边界；不重构客户、型号、配套平台、数量或能力参数,-2.32,-28.73,-8.11,0.7279,103
600456.SH,宝钛股份,上交所,CNY,28.62,2026-08-07,22.56,51.888,98.371,基本合理,0.26861702,-0.44842738,2026-08-06,2026,449110886.66,2,ana-data/result/股票估值/20260806_defense_600456_valuation/宝钛股份价格合理性评估_20260806.md,未识别估值泡沫,-44.84,-70.91,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,8.45,-20.23,-3.10,0.6911,103
600480.SH,凌云股份,上交所,CNY,8.68,2026-08-07,9.9,23.613333,44.865333,偏低,-0.12323232,-0.63241106,2026-08-06,2026,896341913.132926,3,ana-data/result/股票估值/20260806_defense_600480_valuation/凌云股份价格合理性评估_20260806.md,未识别估值泡沫,-63.24,-80.65,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,0.93,-26.94,-9.49,0.5051,103
600482.SH,中国动力,上交所,CNY,30.24,2026-08-07,25.017614,53.704477,103.112596,基本合理,0.20874836,-0.43691845,2026-08-06,2026,3006918132.30016,11,ana-data/result/股票估值/20260806_defense_600482_valuation/中国动力价格合理性评估_20260806.md,未识别估值泡沫,-43.69,-70.67,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-10.13,-26.94,-8.02,0.5976,103
600487.SH,亨通光电,上交所,CNY,59.52,2026-08-07,39.09375,93.245833,186.491667,基本合理,0.522494,-0.36168729,2026-08-04,2026,7142260910.895011,14,ana-data/result/股票估值/20260804_hengtong_optic_valuation/亨通光电价格合理性评估_20260804.md,未识别估值泡沫,-36.17,-68.08,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-25.66,-21.09,-25.95,0.8801,103
600495.SH,晋西车轴,上交所,CNY,3.8,2026-08-07,2.714858,4.886745,8.144575,基本合理,0.39970488,-0.22238627,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600495_valuation/晋西车轴价格合理性评估_20260806.md,未识别估值泡沫,-22.24,-53.34,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,6.15,-11.01,-0.75,0.8881,103
600501.SH,航天晨光,上交所,CNY,14.79,2026-08-07,3.416849,6.150327,10.250546,明显偏贵,3.32854949,1.40475019,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600501_valuation/航天晨光价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,140.48,44.28,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿140.5%，主要在交易盈利修复，并押注公开产品覆盖核工装备、智能制造、后勤保障和环保装备等多个领域。 当前价还高于乐观情景上沿44.3%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,目标赛道为专用车辆和特种装备相邻入口；不把多行业业务整体军工化,1.86,-39.39,-11.11,0.7400,103
600522.SH,中天科技,上交所,CNY,33.67,2026-08-07,24.597,58.6684,117.3368,基本合理,0.36886612,-0.4260965,2026-08-05,2026,6218394265.944,10,ana-data/result/股票估值/20260805_zhongtian_technology_valuation/中天科技价格合理性评估_20260805.md,未识别估值泡沫,-42.61,-71.30,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-28.57,-22.78,-23.83,0.6453,103
600523.SH,贵航股份,上交所,CNY,11.28,2026-08-07,5.900185,13.497156,25.644596,基本合理,0.91180446,-0.16426838,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600523_valuation/贵航股份价格合理性评估_20260806.md,未识别估值泡沫,-16.43,-56.01,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-0.44,-18.56,-2.25,0.8385,103
600536.SH,中国软件,上交所,CNY,32.17,2026-08-07,0.54,1.4,2.66,明显偏贵,58.57407407,21.97857143,2026-08-06,2026,37351463.36,1,ana-data/result/股票估值/20260806_defense_600536_valuation/中国软件价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,2197.86,1109.40,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿2197.9%，主要在交易盈利修复，并押注公司拥有从操作系统到应用产品的软硬件产品链条，业务包含软件开发、系统集成、运维服务并涉及云计算和大数据。 当前价还高于乐观情景上沿1109.4%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,12.48,-22.98,-2.75,1.0069,103
600549.SH,厦门钨业,上交所,CNY,58.03,2026-08-07,28.433571,72.663571,142.4206,基本合理,1.04089736,-0.201388,2026-08-04,2026,5015637220.284739,7,ana-data/result/股票估值/20260804_xiamen_tungsten_valuation/厦门钨业价格合理性评估_20260804.md,未识别估值泡沫,-20.14,-59.25,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-10.32,-1.46,-6.32,1.0018,103
600562.SH,国睿科技,上交所,CNY,25.22,2026-08-07,14.96,34.408,65.231833,基本合理,0.68582888,-0.26703092,2026-08-04,2026,774091386.932919,6,ana-data/result/股票估值/20260805_glarun_valuation/国睿科技价格合理性评估_20260804.md,未识别估值泡沫,-26.70,-61.34,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,17.85,-8.16,9.66,0.9853,103
600580.SH,卧龙电驱,上交所,CNY,36.64,2026-08-07,10.692,25.5024,48.45456,偏贵,2.4268612,0.43672752,2026-08-04,2026,1237197068.712,5,ana-data/result/股票估值/20260805_wolong_electric_valuation/卧龙电驱价格合理性评估_20260804.md,泡沫-中,43.67,-24.38,业务增长、订单兑现和利润率改善预期,乐观情景提前定价,价格高于基准合理区间上沿43.7%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注高效电机销量、产品结构、海外业务和原料成本。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,宏观制造业周期和机器人主题溢价,10.36,-9.71,3.20,1.6417,103
600583.SH,海油工程,上交所,CNY,5.56,2026-08-07,10.017857,21.505,41.2896,偏低,-0.44499108,-0.74145548,2026-08-06,2026,2362266707.429835,7,ana-data/result/股票估值/20260806_defense_600583_valuation/海油工程价格合理性评估_20260806.md,未识别估值泡沫,-74.15,-86.53,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,8.81,-12.58,0.57,0.6280,103
600584.SH,长电科技,上交所,CNY,77.75,2026-08-07,23.436,53.9028,107.8056,偏贵,2.31754566,0.44241115,2026-08-04,2026,1996986660.12,15,ana-data/result/股票估值/20260804_jcet_valuation/长电科技价格合理性评估_20260804.md,泡沫-中,44.24,-27.88,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿44.2%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注先进封装需求、稼动率、产品结构和海外客户。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,半导体周期、客户集中和资本开支,-24.89,35.24,-4.72,0.6887,103
600590.SH,泰豪科技,上交所,CNY,8.57,2026-08-07,8.296875,17.810625,34.1964,基本合理,0.03291902,-0.51882654,2026-08-06,2026,377394864.375,4,ana-data/result/股票估值/20260806_defense_600590_valuation/泰豪科技价格合理性评估_20260806.md,未识别估值泡沫,-51.88,-74.94,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-4.57,-47.23,-20.97,0.5427,103
600592.SH,龙溪股份,上交所,CNY,14.55,2026-08-07,5.505925,11.335728,21.764597,偏贵,1.64260774,0.28355232,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600592_valuation/龙溪股份价格合理性评估_20260806.md,泡沫-中,28.36,-33.15,军工、商业航天或低空经济主题溢价,乐观情景提前定价,价格高于基准合理区间上沿28.4%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注关节轴承公开应用覆盖工程机械、车辆、冶金、水利以及航空航天、轨道交通、风电核电等领域。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,公司整体收入和研发不等同航空相关分部；不展开客户、平台、参数、任务、数量、产能或交付,6.83,-26.03,-10.10,0.5644,103
600641.SH,先导基电,上交所,CNY,31.28,2026-08-07,4.025,9.698333,18.515,明显偏贵,6.77142857,2.22529655,2026-08-04,,,3,ana-data/result/股票估值/20260804_lead_base_valuation/先导基电价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,222.53,68.94,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿222.5%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注设备订单与验收、存量业务及投资收益。 当前价还高于乐观情景上沿68.9%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,转型兑现、历史业务拖累和盈利波动,-27.66,7.12,-3.10,0.8854,103
600685.SH,中船防务,上交所,CNY,26.12,2026-08-07,22.3125,47.8975,91.9632,基本合理,0.17064426,-0.45466882,2026-08-06,2026,1682072589.82,2,ana-data/result/股票估值/20260806_defense_600685_valuation/中船防务价格合理性评估_20260806.md,未识别估值泡沫,-45.47,-71.60,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,0.46,-19.80,-3.02,0.8246,103
600686.SH,金龙汽车,上交所,CNY,11.75,2026-08-07,14.4,34.346667,65.258667,偏低,-0.18402778,-0.65789985,2026-08-06,2026,764850578.133572,3,ana-data/result/股票估值/20260806_defense_600686_valuation/金龙汽车价格合理性评估_20260806.md,未识别估值泡沫,-65.79,-81.99,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,4.44,-21.51,-4.87,1.3267,103
600698.SH,湖南天雁,上交所,CNY,6.56,2026-08-07,0.829712,1.382853,2.07428,明显偏贵,6.90635787,3.74381586,2026-08-04,,,0,ana-data/result/股票估值/20260805_hunan_ty_valuation/湖南天雁价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,374.38,216.25,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿374.4%，主要在交易盈利修复，并押注军品交付和增压器等汽车零部件销量。 当前价还高于乐观情景上沿216.3%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,盈利基数低、军品订单和治理变化,14.09,-17.90,1.85,1.1469,103
600699.SH,均胜电子,上交所,CNY,21.2,2026-08-07,19.14,42.688,84.042,基本合理,0.107628,-0.50337331,2026-08-04,2026,1798893853.08,15,ana-data/result/股票估值/20260804_joyson_electronics_valuation/均胜电子价格合理性评估_20260804.md,未识别估值泡沫,-50.34,-74.77,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-0.05,-29.33,-11.28,0.5324,103
600760.SH,中航沈飞,上交所,CNY,42.56,2026-08-07,24.023437,51.570313,99.015,基本合理,0.77160329,-0.17471899,2026-08-04,2026,3632253333.46875,8,ana-data/result/股票估值/20260805_avic_shenyang_valuation/中航沈飞价格合理性评估_20260804.md,未识别估值泡沫,-17.47,-57.02,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,7.07,-13.27,0.45,0.7568,103
600761.SH,安徽合力,上交所,CNY,17.23,2026-08-07,20.7153,49.409827,93.878671,偏低,-0.16824762,-0.65128394,2026-08-06,2026,1366738351.996097,15,ana-data/result/股票估值/20260806_defense_600761_valuation/安徽合力价格合理性评估_20260806.md,未识别估值泡沫,-65.13,-81.65,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,7.02,-16.52,-0.19,0.8927,103
600764.SH,中国海防,上交所,CNY,18.19,2026-08-07,5.6875,12.209167,23.4416,偏贵,2.19824176,0.48986413,2026-08-06,2026,215557580.419763,3,ana-data/result/股票估值/20260806_defense_600764_valuation/中国海防价格合理性评估_20260806.md,泡沫-中,48.99,-22.40,通信、光通信或卫星互联网成长预期,乐观情景提前定价,价格高于基准合理区间上沿49.0%，主要在提前交易通信、光通信或卫星互联网成长预期，具体押注公开产品包括水下信息获取、探测、通信、对抗、导航、救捞和换能器，以及专用计算机、运动控制和特种电源等。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户、项目、型号和交付数量受披露边界约束；整体财务不等同单一水下防务分部,3.00,-25.05,-5.27,1.2205,103
600765.SH,中航重机,上交所,CNY,13.44,2026-08-07,9.0,19.32,37.0944,基本合理,0.49333333,-0.30434783,2026-08-06,2026,750503113.44,2,ana-data/result/股票估值/20260806_defense_600765_valuation/中航重机价格合理性评估_20260806.md,未识别估值泡沫,-30.43,-63.77,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,3.70,-18.10,-2.20,0.7818,103
600855.SH,航天长峰,上交所,CNY,12.81,2026-08-07,2.984128,5.37143,8.952383,明显偏贵,3.2927113,1.38483979,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600855_valuation/航天长峰价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,138.48,43.09,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿138.5%，主要在交易盈利修复，并押注公开军工电子产品包括模块电源、开关电源、定制电源、电源系统、滤波器以及红外光电板卡、组件和整机等高层级类别。 当前价还高于乐观情景上沿43.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,公司整体收入和研发覆盖三大板块；不展开客户、具体装备、参数、合同数量、产能或交付,-1.54,-38.85,-11.02,0.4600,103
600862.SH,中航高科,上交所,CNY,18.21,2026-08-07,13.977194,29.821591,57.257455,基本合理,0.30283661,-0.3893686,2026-08-06,2026,1032122747.458964,11,ana-data/result/股票估值/20260806_defense_600862_valuation/中航高科价格合理性评估_20260806.md,未识别估值泡沫,-38.94,-68.20,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-7.52,-13.61,-2.16,0.7551,103
600871.SH,石化油服,上交所,CNY,2.21,2026-08-07,0.54,1.4,2.66,偏贵,3.09259259,0.57857143,2026-08-06,2026,758281833.32,1,ana-data/result/股票估值/20260806_defense_600871_valuation/石化油服价格合理性评估_20260806.md,泡沫-高,57.86,-16.92,资源品稀缺性或周期高景气外推,乐观情景被大幅提前资本化,价格高于基准合理区间上沿57.9%，主要在提前交易资源品稀缺性或周期高景气外推，具体押注公司五大业务板块覆盖勘探、钻井、完井、油气生产和油气集输等油气工程技术服务环节。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,海洋油气工程不自动等同军用舰船装备；不展开区块、设备参数、平台、数量或任务,7.28,-15.33,-0.86,0.6947,103
600877.SH,电科芯片,上交所,CNY,12.86,2026-08-07,0.317673,0.70075,1.328505,明显偏贵,39.48187917,17.35176597,2026-08-04,,,0,ana-data/result/股票估值/20260804_cet_chip_valuation/电科芯片价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,1735.18,868.01,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿1735.2%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注军民芯片订单、产品升级、资产整合和费用率。 当前价还高于乐观情景上沿868.0%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,军品采购、业务整合和盈利波动,-24.80,-25.79,-11.29,0.5168,103
600879.SH,航天电子,上交所,CNY,16.4,2026-08-07,2.142857,4.6,8.832,明显偏贵,6.65333384,2.56521739,2026-08-04,2026,377062781.029514,7,ana-data/result/股票估值/20260805_aerospace_electronics_valuation/航天电子价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,256.52,85.69,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿256.5%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注航天型号任务、军品订单和资产整合。 当前价还高于乐观情景上沿85.7%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,项目验收、低毛利和应收账款,-22.61,-36.75,-15.59,0.5175,103
600893.SH,航发动力,上交所,CNY,35.97,2026-08-07,4.25,9.123333,17.5168,明显偏贵,7.46352941,2.94263807,2026-08-04,2026,604201360.614222,12,ana-data/result/股票估值/20260805_aero_engine_valuation/航发动力价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,294.26,105.35,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿294.3%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注发动机交付、维修保障和生产效率。 当前价还高于乐观情景上沿105.3%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,交付节奏、成本控制和大额合同,0.62,-29.99,-7.47,0.8612,103
600967.SH,内蒙一机,上交所,CNY,11.45,2026-08-07,4.875,10.465,20.0928,偏贵,1.34871795,0.09412327,2026-08-06,2026,442466613.42,3,ana-data/result/股票估值/20260806_defense_600967_valuation/内蒙一机价格合理性评估_20260806.md,泡沫-轻,9.41,-43.01,机器人、自动化或智能制造成长预期,轻度乐观预期,价格高于基准合理区间上沿9.4%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注直接地面装备业务已公开确认。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,地面装备的型号、产销量、价格、订单和研发进展存在法定脱敏边界,8.53,-20.32,-2.31,1.0945,103
600968.SH,海油发展,上交所,CNY,3.87,2026-08-07,8.357439,17.3075,33.2304,偏低,-0.53693949,-0.77639752,2026-08-06,2026,4370994805.57,8,ana-data/result/股票估值/20260806_defense_600968_valuation/海油发展价格合理性评估_20260806.md,未识别估值泡沫,-77.64,-88.35,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,11.21,-7.64,1.46,0.7520,103
600990.SH,四创电子,上交所,CNY,17.9,2026-08-07,5.707106,10.27279,17.121317,明显偏贵,2.13644078,0.74246724,2026-08-06,,,1,ana-data/result/股票估值/20260806_defense_600990_valuation/四创电子价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,74.25,4.55,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿74.2%，主要在交易盈利修复，并押注公开产品与服务覆盖多类雷达感知系统、印制电路板、微波组件、电源和信息系统集成。 当前价还高于乐观情景上沿4.5%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,气象、空管、公共安全与其他信息系统多场景合并；不从产品类别推断军用客户或能力,-6.58,-22.14,-3.31,0.8045,103
601012.SH,隆基绿能,上交所,CNY,12.93,2026-08-07,6.721717,12.09909,20.16515,偏贵,0.92361565,0.06867541,2026-08-05,2026,-363747083.472,11,ana-data/result/股票估值/20260805_longi_valuation/隆基绿能价格合理性评估_20260805.md,泡沫-轻,6.87,-35.88,盈利修复或扭亏预期提前定价,轻度乐观预期,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿6.9%，主要在交易盈利修复，并押注组件价格、BC产品放量、产能利用率和现金成本。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,供给过剩、持续亏损和减值压力,9.30,-22.94,-1.94,0.8570,103
601100.SH,恒立液压,上交所,CNY,104.0,2026-08-07,43.0848,96.09216,189.18144,偏贵,1.41384433,0.08229433,2026-08-04,2026,3501151774.310401,25,ana-data/result/股票估值/20260805_hengli_hydraulics_valuation/恒立液压价格合理性评估_20260804.md,泡沫-轻,8.23,-45.03,业务增长、订单兑现和利润率改善预期,轻度乐观预期,价格高于基准合理区间上沿8.2%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注工程机械景气、泵阀销量、海外收入和新产品。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,工程机械周期和新业务估值溢价,-3.44,-6.75,-6.41,0.5980,103
601127.SH,赛力斯,上交所,CNY,56.82,2026-08-07,79.184325,176.60504,347.691173,偏低,-0.28243374,-0.67826513,2026-08-04,2026,8359873526.968301,19,ana-data/result/股票估值/20260804_seres_valuation/赛力斯价格合理性评估_20260804.md,未识别估值泡沫,-67.83,-83.66,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-3.65,-35.03,-14.64,1.0143,103
601133.SH,柏诚股份,上交所,CNY,26.15,2026-08-07,9.7875,23.345,44.3555,偏贵,1.67177522,0.12015421,2026-08-04,2026,381496872.675,8,ana-data/result/股票估值/20260805_baicheng_system_valuation/柏诚股份价格合理性评估_20260804.md,泡沫-轻,12.02,-41.04,业务增长、订单兑现和利润率改善预期,轻度乐观预期,价格高于基准合理区间上沿12.0%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注在手订单转化、项目验收、毛利率和回款。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,工程项目验收、应收账款和下游资本开支,-26.44,0.81,-15.09,0.4733,103
601137.SH,博威合金,上交所,CNY,18.0,2026-08-07,9.72,23.184,44.0496,基本合理,0.85185185,-0.22360248,2026-08-06,2026,661143053.52,2,ana-data/result/股票估值/20260806_defense_601137_valuation/博威合金价格合理性评估_20260806.md,未识别估值泡沫,-22.36,-59.14,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-6.83,-9.82,-13.34,0.3634,103
601606.SH,长城军工,上交所,CNY,32.89,2026-08-07,3.615719,6.026199,9.039298,明显偏贵,8.09639272,4.45783503,2026-08-04,,,0,ana-data/result/股票估值/20260805_great_wall_military_refresh_valuation/长城军工价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,445.78,263.86,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿445.8%，主要在交易盈利修复，并押注军品订单、资产整合和批产交付。 当前价还高于乐观情景上沿263.9%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,军品验收、重组预期和高估值,22.18,-16.94,4.73,2.0747,103
601689.SH,拓普集团,上交所,CNY,50.38,2026-08-07,31.981812,71.329133,140.429231,基本合理,0.57527034,-0.29369673,2026-08-04,2026,3368432222.751413,24,ana-data/result/股票估值/20260805_top_group_valuation/拓普集团价格合理性评估_20260804.md,未识别估值泡沫,-29.37,-64.12,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-9.76,-24.35,-14.03,0.5765,103
601698.SH,中国卫通,上交所,CNY,27.42,2026-08-07,2.4375,5.6875,10.92,明显偏贵,10.24923077,3.8210989,2026-08-04,2026,549170103.56,1,ana-data/result/股票估值/20260804_chinasatcom_valuation/中国卫通价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,382.11,151.10,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿382.1%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注卫星资源利用率、客户续约、新业务和折旧。 当前价还高于乐观情景上沿151.1%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,卫星更新资本开支、客户集中和成长性,-8.26,-28.58,-7.92,0.5764,103
601718.SH,ST际华,上交所,CNY,1.78,2026-08-07,2.773928,4.99307,8.321783,偏低,-0.35831067,-0.6435059,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_601718_valuation/ST际华价格合理性评估_20260806.md,未识别估值泡沫,-64.35,-78.61,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,0.00,-24.26,-3.59,0.4579,102
601798.SH,蓝科高新,上交所,CNY,7.57,2026-08-07,2.43,6.3,11.97,偏贵,2.11522634,0.2015873,2026-08-06,2026,63815075.64,1,ana-data/result/股票估值/20260806_defense_601798_valuation/蓝科高新价格合理性评估_20260806.md,泡沫-中,20.16,-36.76,新能源、储能或电动化成长预期,乐观情景提前定价,价格高于基准合理区间上沿20.2%，主要在提前交易新能源、储能或电动化成长预期，具体押注公司面向能源装备提供传热、分离、储运、新能源、石油钻采及实验室成套产品和整体解决方案。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,能源化工装备不等同军用舰船装备；不展开客户、海域、设备参数、项目、数量或交付,10.83,-16.45,-0.02,0.6093,103
601808.SH,中海油服,上交所,CNY,12.08,2026-08-07,17.594712,37.769981,72.518363,偏低,-0.31343008,-0.68016929,2026-08-06,2026,4477588523.694142,13,ana-data/result/股票估值/20260806_defense_601808_valuation/中海油服价格合理性评估_20260806.md,未识别估值泡沫,-68.02,-83.34,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,7.09,-15.35,-1.87,0.7419,103
601865.SH,福莱特,上交所,CNY,11.75,2026-08-07,6.729458,10.574863,15.381619,偏贵,0.74605444,0.11112551,2026-08-05,2026,1184456117.795486,9,ana-data/result/股票估值/20260805_flat_glass_valuation/福莱特价格合理性评估_20260805.md,泡沫-轻,11.11,-23.61,盈利修复或扭亏预期提前定价,轻度乐观预期；短期动量放大,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿11.1%，主要在交易盈利修复，并押注光伏装机、玻璃价格、天然气纯碱成本和产能利用率。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 近20个交易日上涨24.6%，高于60日均线9.6%，短期动量可能放大估值溢价。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产能过剩、价格竞争和高资本开支,24.60,-14.36,9.56,1.7625,103
601869.SH,长飞光纤,上交所,CNY,338.69,2026-08-07,118.828929,283.429,566.858,偏贵,1.85023187,0.19497299,2026-08-04,2026,7287339032.774404,7,ana-data/result/股票估值/20260804_yangtze_optical_fibre_valuation/长飞光纤价格合理性评估_20260804.md,泡沫-中,19.50,-40.25,通信、光通信或卫星互联网成长预期,乐观情景提前定价,价格高于基准合理区间上沿19.5%，主要在提前交易通信、光通信或卫星互联网成长预期，具体押注运营商与数据中心需求、价格、海外份额和产能利用率。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,光纤价格周期、海外贸易和资本开支,-23.24,-16.78,-17.91,0.6949,103
601890.SH,亚星锚链,上交所,CNY,8.48,2026-08-07,7.21875,15.49625,29.7528,基本合理,0.17471861,-0.45277083,2026-08-06,2026,369369000.0,2,ana-data/result/股票估值/20260806_defense_601890_valuation/亚星锚链价格合理性评估_20260806.md,未识别估值泡沫,-45.28,-71.50,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,5.47,-21.34,-2.77,0.7273,103
601958.SH,金钼股份,上交所,CNY,23.76,2026-08-07,10.651938,26.358,51.66168,基本合理,1.23058001,-0.0985659,2026-08-04,2026,3697688642.4,5,ana-data/result/股票估值/20260804_jinduicheng_molybdenum_valuation/金钼股份价格合理性评估_20260804.md,未识别估值泡沫,-9.86,-54.01,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,2.86,1.63,1.00,0.5776,103
603009.SH,北特科技,上交所,CNY,41.36,2026-08-07,9.294643,22.802857,43.8955,偏贵,3.44987505,0.8138078,2026-08-04,2026,171710379.72133,7,ana-data/result/股票估值/20260805_beite_technology_valuation/北特科技价格合理性评估_20260804.md,泡沫-高,81.38,-5.78,业务增长、订单兑现和利润率改善预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿81.4%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注汽车部件销量、新产品量产和客户车型放量。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,低毛利、客户周期和新业务预期,-10.82,-20.63,-10.83,0.5336,103
603019.SH,中科曙光,上交所,CNY,88.77,2026-08-07,44.3375,101.97625,206.218639,基本合理,1.00214266,-0.12950319,2026-08-04,2026,2883150936.582872,18,ana-data/result/股票估值/20260804_sugon_valuation/中科曙光价格合理性评估_20260804.md,未识别估值泡沫,-12.95,-56.95,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-14.64,-11.86,-3.48,0.6074,103
603033.SH,三维股份,上交所,CNY,7.89,2026-08-07,2.44976,4.409568,7.34928,明显偏贵,2.22072366,0.78929092,2026-08-06,,,1,ana-data/result/股票估值/20260806_defense_603033_valuation/三维股份价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,78.93,7.36,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿78.9%，主要在交易盈利修复，并押注主要产品包括混凝土轨枕、岔枕、轨道板、地铁管片和铁路扣配件。 当前价还高于乐观情景上沿7.4%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-6.85,-30.18,-14.67,0.5064,103
603036.SH,如通股份,上交所,CNY,13.07,2026-08-07,6.74494,15.429602,29.316244,基本合理,0.93774889,-0.15292695,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603036_valuation/如通股份价格合理性评估_20260806.md,未识别估值泡沫,-15.29,-55.42,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-0.53,-22.16,-4.46,1.1619,103
603039.SH,泛微网络,上交所,CNY,45.58,2026-08-07,25.02,57.546,111.895,基本合理,0.82174261,-0.207938,2026-08-06,2026,362238271.47,5,ana-data/result/股票估值/20260806_weaver_network_valuation/泛微网络价格合理性评估_20260806.md,未识别估值泡沫,-20.79,-59.27,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,31.20,14.35,21.83,3.0383,103
603060.SH,国检集团,上交所,CNY,5.46,2026-08-07,3.84,9.6,18.2,基本合理,0.421875,-0.43125,2026-08-06,2026,128633709.28,1,ana-data/result/股票估值/20260806_defense_603060_valuation/国检集团价格合理性评估_20260806.md,未识别估值泡沫,-43.12,-70.00,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,2.25,-20.64,-12.25,0.4059,103
603061.SH,金海通,上交所,CNY,316.7,2026-08-07,149.716875,360.746375,688.697625,基本合理,1.11532601,-0.1220979,2026-08-04,2026,496204500.0,4,ana-data/result/股票估值/20260804_jinhaitong_valuation/金海通价格合理性评估_20260804.md,未识别估值泡沫,-12.21,-54.01,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-35.04,-1.95,-7.60,0.8637,103
603068.SH,博通集成,上交所,CNY,40.91,2026-08-07,11.669845,21.005722,35.009536,明显偏贵,2.5056164,0.94756457,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603068_valuation/博通集成价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,94.76,16.85,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿94.8%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注具体产品类型分为无线数传芯片和无线音频芯片，应用类别包括Wi-Fi产品、蓝牙数传和蓝牙音频。 当前价还高于乐观情景上沿16.9%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,2.07,9.88,11.05,2.3352,103
603078.SH,江化微,上交所,CNY,36.37,2026-08-07,6.75,16.56,31.878,明显偏贵,4.38814815,1.19625604,2026-08-04,2026,138829409.28,2,ana-data/result/股票估值/20260804_jianghua_micro_valuation/江化微价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,119.63,14.09,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿119.6%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注湿电子化学品销量、价格和高端客户渗透。 当前价还高于乐观情景上沿14.1%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,供需周期、扩产和客户认证,-28.70,30.22,-7.91,0.5139,103
603088.SH,宁波精达,上交所,CNY,9.6,2026-08-07,4.41,10.518667,19.985467,基本合理,1.17687075,-0.08733683,2026-08-06,2026,164113402.226834,3,ana-data/result/股票估值/20260806_defense_603088_valuation/宁波精达价格合理性评估_20260806.md,未识别估值泡沫,-8.73,-51.97,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,3.11,-23.69,-4.42,0.4550,103
603089.SH,正裕工业,上交所,CNY,8.71,2026-08-07,0.339578,0.776813,1.475945,明显偏贵,24.64948259,10.21247971,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603089_valuation/正裕工业价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,1021.25,490.13,智能汽车、汽车电子或电动化渗透预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿1021.2%，主要在提前交易智能汽车、汽车电子或电动化渗透预期，具体押注公开产品包括汽车悬架系统减震器。 当前价还高于乐观情景上沿490.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,8.06,-24.46,-6.46,0.6763,103
603090.SH,宏盛股份,上交所,CNY,40.03,2026-08-07,26.73,69.3,131.67,基本合理,0.49756828,-0.42236652,2026-08-06,2026,198000000.0,1,ana-data/result/股票估值/20260806_defense_603090_valuation/宏盛股份价格合理性评估_20260806.md,未识别估值泡沫,-42.24,-69.60,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-20.02,-41.73,-24.78,0.4100,103
603119.SH,浙江荣泰,上交所,CNY,54.49,2026-08-07,13.71735,32.71842,62.164998,偏贵,2.9723416,0.66542272,2026-08-05,2026,369598398.615,10,ana-data/result/股票估值/20260805_zhejiang_rongtai_valuation/浙江荣泰价格合理性评估_20260805.md,泡沫-高,66.54,-12.35,新能源、储能或电动化成长预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿66.5%，主要在提前交易新能源、储能或电动化成长预期，具体押注新能源车和储能需求、客户拓展、产能与产品结构。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户集中、扩产消化和原材料波动,-11.90,-24.24,-15.41,0.4919,103
603121.SH,华培动力,上交所,CNY,11.97,2026-08-07,3.241117,5.83401,9.72335,明显偏贵,2.69317121,1.051762,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603121_valuation/华培动力价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,105.18,23.11,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿105.2%，主要在交易盈利修复，并押注公开传感器产品包括全量程压力、速度与位置、温度及尿素品质传感器。 当前价还高于乐观情景上沿23.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,5.18,-42.40,-15.00,0.4764,103
603131.SH,上海沪工,上交所,CNY,15.81,2026-08-07,4.900941,8.821693,14.702822,明显偏贵,2.22591111,0.792173,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603131_valuation/上海沪工价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,79.22,7.53,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿79.2%，主要在交易盈利修复，并押注公开能力包括高端装备配套制造、装配与试验测试，以及智能焊接切割设备。 当前价还高于乐观情景上沿7.5%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；智能制造占重要口径，高端装备配套信息有限，不推断具体航天项目,-5.27,-34.64,-10.36,0.5728,103
603166.SH,福达股份,上交所,CNY,11.63,2026-08-07,9.9,22.08,43.47,基本合理,0.17474747,-0.47327899,2026-08-05,2026,387390390.6,3,ana-data/result/股票估值/20260805_fuda_valuation/福达股份价格合理性评估_20260805.md,未识别估值泡沫,-47.33,-73.25,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,6.70,-19.74,-8.46,0.7643,103
603169.SH,兰石重装,上交所,CNY,6.81,2026-08-07,2.035632,3.664137,6.106895,明显偏贵,2.34539838,0.85855496,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603169_valuation/兰石重装价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,85.86,11.51,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿85.9%，主要在交易盈利修复，并押注公开产品包括高端压力容器及反应器、换热器等设备。 当前价还高于乐观情景上沿11.5%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,11.64,-25.08,-6.02,1.1451,103
603179.SH,新泉股份,上交所,CNY,38.9,2026-08-07,34.8975,77.832,153.23175,基本合理,0.11469303,-0.50020557,2026-08-04,2026,1510530144.75,16,ana-data/result/股票估值/20260805_xinquan_automotive_valuation/新泉股份价格合理性评估_20260804.md,未识别估值泡沫,-50.02,-74.61,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-17.23,-23.74,-19.72,0.5246,103
603218.SH,日月股份,上交所,CNY,10.03,2026-08-07,8.5275,20.339667,38.645367,基本合理,0.17619466,-0.50687492,2026-08-06,2026,650832222.91701,6,ana-data/result/股票估值/20260806_defense_603218_valuation/日月股份价格合理性评估_20260806.md,未识别估值泡沫,-50.69,-74.05,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,6.48,-24.19,-5.97,0.9822,103
603227.SH,雪峰科技,上交所,CNY,7.71,2026-08-07,9.765,23.291333,44.253533,偏低,-0.21044547,-0.66897558,2026-08-06,2026,775191045.042976,3,ana-data/result/股票估值/20260806_defense_603227_valuation/雪峰科技价格合理性评估_20260806.md,未识别估值泡沫,-66.90,-82.58,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,9.67,-8.21,-1.00,0.7196,103
603228.SH,景旺电子,上交所,CNY,94.95,2026-08-07,45.7125,105.13875,212.613917,基本合理,1.07711239,-0.09690766,2026-08-05,2026,2000810714.945328,6,ana-data/result/股票估值/20260805_kinwong_valuation/景旺电子价格合理性评估_20260805.md,未识别估值泡沫,-9.69,-55.34,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,39.12,22.41,27.63,1.1300,103
603236.SH,移远通信,上交所,CNY,49.48,2026-08-07,44.685,106.582,202.5058,基本合理,0.1073067,-0.53575651,2026-08-06,2026,952695516.89,4,ana-data/result/股票估值/20260806_defense_603236_valuation/移远通信价格合理性评估_20260806.md,未识别估值泡沫,-53.58,-75.57,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-0.06,-34.70,-10.29,0.8123,103
603239.SH,浙江仙通,上交所,CNY,14.29,2026-08-07,13.7025,32.683,62.0977,基本合理,0.04287539,-0.56276964,2026-08-04,2026,274780800.0,4,ana-data/result/股票估值/20260804_zhejiang_xiantong_valuation/浙江仙通价格合理性评估_20260804.md,未识别估值泡沫,-56.28,-76.99,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,4.77,-39.45,-13.85,0.6318,103
603259.SH,药明康德,上交所,CNY,154.82,2026-08-07,120.653251,197.066976,293.254429,基本合理,0.28318134,-0.21437877,2026-08-04,2026,17758602369.32,30,ana-data/result/股票估值/20260804_wuxi_apptec_valuation/药明康德价格合理性评估_20260804.md,未识别估值泡沫,-21.44,-47.21,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,27.88,42.14,35.39,1.7905,103
603260.SH,合盛硅业,上交所,CNY,35.6,2026-08-07,12.675,30.232222,57.441222,偏贵,1.8086785,0.17755155,2026-08-06,2026,1109960961.272354,9,ana-data/result/股票估值/20260806_defense_603260_valuation/合盛硅业价格合理性评估_20260806.md,泡沫-中,17.76,-38.02,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿17.8%，主要在交易盈利修复，并押注公开产品包括工业硅、有机硅和多晶硅三大类。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-18.03,-17.61,-11.77,0.5755,103
603261.SH,立航科技,上交所,CNY,49.11,2026-08-07,6.449223,11.608602,19.34767,明显偏贵,6.61487081,3.23048357,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603261_valuation/立航科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,323.05,153.83,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价；趋势动量与交易拥挤,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿323.0%，主要在交易盈利修复，并押注公开产品与能力包括航空器地面保障设备、飞机工艺装备、航空零部件及相关自研产品。 当前价还高于乐观情景上沿153.8%，说明市场计入了超过现有乐观模型的额外预期。 近60个交易日上涨35.4%，并高于60日均线12.9%，量价趋势可能放大估值溢价。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本102日）,T2轻量卡；不识别客户、型号、订单、价格或交付,-11.75,35.40,12.94,1.5092,102
603267.SH,鸿远电子,上交所,CNY,51.9,2026-08-07,34.24,78.752,149.300667,基本合理,0.51577103,-0.34096912,2026-08-06,2026,329675405.920077,6,ana-data/result/股票估值/20260806_defense_603267_valuation/鸿远电子价格合理性评估_20260806.md,未识别估值泡沫,-34.10,-65.24,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-17.44,-10.36,-17.42,0.5382,103
603269.SH,海鸥股份,上交所,CNY,14.12,2026-08-07,6.8175,16.261,30.8959,基本合理,1.07114045,-0.13166472,2026-08-06,2026,155919642.84,2,ana-data/result/股票估值/20260806_defense_603269_valuation/海鸥股份价格合理性评估_20260806.md,未识别估值泡沫,-13.17,-54.30,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-16.79,-33.40,-23.14,0.6678,103
603298.SH,杭叉集团,上交所,CNY,26.14,2026-08-07,25.630732,59.874111,113.760811,基本合理,0.01986943,-0.56341732,2026-08-06,2026,2435522737.778862,18,ana-data/result/股票估值/20260806_defense_603298_valuation/杭叉集团价格合理性评估_20260806.md,未识别估值泡沫,-56.34,-77.02,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,5.66,-11.81,1.18,1.0468,103
603308.SH,应流股份,上交所,CNY,48.52,2026-08-07,21.504,49.4592,93.7664,基本合理,1.2563244,-0.01898939,2026-08-06,2026,608416651.136,13,ana-data/result/股票估值/20260806_defense_603308_valuation/应流股份价格合理性评估_20260806.md,未识别估值泡沫,-1.90,-48.25,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-11.33,-39.73,-17.21,0.6358,103
603338.SH,浙江鼎力,上交所,CNY,56.98,2026-08-07,57.346071,136.781,259.8839,偏低,-0.00638354,-0.58342167,2026-08-06,2026,2150893454.580642,14,ana-data/result/股票估值/20260806_defense_603338_valuation/浙江鼎力价格合理性评估_20260806.md,未识别估值泡沫,-58.34,-78.07,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,9.96,1.64,9.64,1.0268,103
603339.SH,四方科技,上交所,CNY,14.29,2026-08-07,7.81226,17.871183,33.955248,基本合理,0.82917619,-0.20038869,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603339_valuation/四方科技价格合理性评估_20260806.md,未识别估值泡沫,-20.04,-57.92,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-6.78,3.48,6.93,0.8626,103
603500.SH,祥和实业,上交所,CNY,9.64,2026-08-07,6.394366,14.627634,27.792504,基本合理,0.50757714,-0.34097339,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603500_valuation/祥和实业价格合理性评估_20260806.md,未识别估值泡沫,-34.10,-65.31,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-4.55,-5.77,-8.83,0.4065,103
603596.SH,伯特利,上交所,CNY,26.64,2026-08-07,41.537833,92.641956,182.38885,偏低,-0.35865696,-0.7124413,2026-08-04,2026,2259763362.510712,18,ana-data/result/股票估值/20260804_bethel_valuation/伯特利价格合理性评估_20260804.md,未识别估值泡沫,-71.24,-85.39,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,3.22,-18.93,-3.50,0.8394,103
603601.SH,再升科技,上交所,CNY,9.88,2026-08-07,0.855,2.039333,3.874733,明显偏贵,10.55555556,3.84472129,2026-08-06,2026,72348261.496286,3,ana-data/result/股票估值/20260806_defense_603601_valuation/再升科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,384.47,154.99,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿384.5%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注航空隔音隔热棉具有质轻、阻燃、防水、隔音和隔热特性，可适配飞机机舱、船舱和地铁等应用领域。 当前价还高于乐观情景上沿155.0%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明航天装备独立业务；不展开客户、机型、材料参数、数量、产能或交付,-3.89,-45.32,-24.51,0.5620,103
603602.SH,纵横通信,上交所,CNY,11.13,2026-08-07,3.856647,6.941964,11.56994,偏贵,1.88592656,0.60329267,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603602_valuation/纵横通信价格合理性评估_20260806.md,泡沫-高,60.33,-3.80,盈利修复或扭亏预期提前定价,乐观情景被大幅提前资本化,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿60.3%，主要在交易盈利修复，并押注数字基建业务包括通信网络建设服务和通信网络代维服务。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,5.00,-22.06,-6.67,1.0545,103
603606.SH,东方电缆,上交所,CNY,38.7,2026-08-07,48.826786,104.814833,201.24448,偏低,-0.20740226,-0.63077745,2026-08-06,2026,1790876314.973551,23,ana-data/result/股票估值/20260806_defense_603606_valuation/东方电缆价格合理性评估_20260806.md,未识别估值泡沫,-63.08,-80.77,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-0.77,-26.80,-7.26,1.2475,103
603611.SH,诺力股份,上交所,CNY,17.11,2026-08-07,31.59,81.9,155.61,偏低,-0.4583729,-0.79108669,2026-08-06,2026,602785850.94,1,ana-data/result/股票估值/20260806_defense_603611_valuation/诺力股份价格合理性评估_20260806.md,未识别估值泡沫,-79.11,-89.00,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,1.54,-12.97,-1.57,0.9229,103
603617.SH,君禾股份,上交所,CNY,6.96,2026-08-07,1.713533,3.919846,7.447707,偏贵,3.06178346,0.77557996,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603617_valuation/君禾股份价格合理性评估_20260806.md,泡沫-高,77.56,-6.55,业务增长、订单兑现和利润率改善预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿77.6%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品涵盖潜水泵、花园泵、喷泉泵及深井泵四大系列。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,6.91,-14.18,-0.22,1.4059,103
603618.SH,杭电股份,上交所,CNY,27.65,2026-08-07,29.5245,76.545,145.4355,偏低,-0.06348964,-0.63877458,2026-08-05,2026,1512038472.192,1,ana-data/result/股票估值/20260805_hangzhou_cable_valuation/杭电股份价格合理性评估_20260805.md,未识别估值泡沫,-63.88,-80.99,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-24.47,-29.88,-27.35,0.8079,103
603619.SH,中曼石油,上交所,CNY,22.5,2026-08-07,28.18125,67.2175,127.71325,偏低,-0.20159681,-0.66526574,2026-08-06,2026,965131537.3375,4,ana-data/result/股票估值/20260806_defense_603619_valuation/中曼石油价格合理性评估_20260806.md,未识别估值泡沫,-66.53,-82.38,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,18.36,-22.39,-1.16,1.3073,103
603650.SH,彤程新材,上交所,CNY,64.52,2026-08-07,21.776786,53.425714,102.8445,偏贵,1.96278799,0.20765817,2026-08-04,2026,715520877.240264,7,ana-data/result/股票估值/20260805_rachem_valuation/彤程新材价格合理性评估_20260804.md,泡沫-中,20.77,-37.26,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿20.8%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注半导体材料销量、客户认证、产品结构和原料价差。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户验证、原材料价格及半导体景气波动,-27.96,10.22,-3.32,0.6700,103
603658.SH,安图生物,上交所,CNY,32.43,2026-08-07,27.4455,65.4626,124.37894,基本合理,0.18161447,-0.50460263,2026-08-06,2026,1161706553.344,12,ana-data/result/股票估值/20260806_defense_603658_valuation/安图生物价格合理性评估_20260806.md,未识别估值泡沫,-50.46,-73.93,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,6.02,-5.75,2.32,1.2898,103
603662.SH,柯力传感,上交所,CNY,54.39,2026-08-07,22.589062,55.4185,106.680612,基本合理,1.4078025,-0.01855878,2026-08-04,2026,338329783.473,4,ana-data/result/股票估值/20260805_keli_sensing_valuation/柯力传感价格合理性评估_20260804.md,未识别估值泡沫,-1.86,-49.02,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-14.52,-11.13,-12.80,0.4747,103
603663.SH,三祥新材,上交所,CNY,40.12,2026-08-07,11.4075,27.209,51.6971,偏贵,2.51698444,0.47451211,2026-08-06,2026,357688288.75,4,ana-data/result/股票估值/20260806_defense_603663_valuation/三祥新材价格合理性评估_20260806.md,泡沫-中,47.45,-22.39,业务增长、订单兑现和利润率改善预期,乐观情景提前定价,价格高于基准合理区间上沿47.5%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注产品包括电熔氧化锆、海绵锆、氧氯化锆、纳米氧化锆、氧化锆陶瓷、轻量化新材料和铸改新材料。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-49.62,-8.86,-36.79,0.7108,103
603667.SH,五洲新春,上交所,CNY,55.63,2026-08-07,8.15625,20.01,38.51925,明显偏贵,5.8205364,1.78010995,2026-08-04,2026,166671086.07,2,ana-data/result/股票估值/20260805_cugroup_valuation/五洲新春价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,178.01,44.42,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿178.0%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注轴承与丝杠销量、客户拓展和产品结构。 当前价还高于乐观情景上沿44.4%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,制造业周期、扩产和机器人预期,-6.74,-31.66,-15.48,0.4398,103
603678.SH,火炬电子,上交所,CNY,50.25,2026-08-07,28.656,65.9088,124.9521,基本合理,0.75355946,-0.23758284,2026-08-06,2026,567826557.414,10,ana-data/result/股票估值/20260806_defense_603678_valuation/火炬电子价格合理性评估_20260806.md,未识别估值泡沫,-23.76,-59.78,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-20.87,46.97,-8.72,0.7818,103
603688.SH,石英股份,上交所,CNY,49.45,2026-08-07,8.8965,21.2198,40.31762,明显偏贵,4.55836565,1.33037069,2026-08-06,2026,356965992.451,5,ana-data/result/股票估值/20260806_defense_603688_valuation/石英股份价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,133.04,22.65,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿133.0%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品包括高纯石英砂、高纯石英管（棒、板、锭、筒）和石英坩埚。 当前价还高于乐观情景上沿22.7%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-26.38,-35.10,-24.02,0.3992,103
603698.SH,航天工程,上交所,CNY,24.04,2026-08-07,8.91,21.252,40.3788,偏贵,1.69809203,0.13118765,2026-08-06,2026,353753400.0,2,ana-data/result/股票估值/20260806_defense_603698_valuation/航天工程价格合理性评估_20260806.md,泡沫-轻,13.12,-40.46,军工、商业航天或低空经济主题溢价,轻度乐观预期,价格高于基准合理区间上沿13.1%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公司以航天粉煤加压气化技术为核心，向业主提供煤气化项目整体技术解决方案和工程建设服务。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,公司名称和股东背景不是航天装备业务证据；不展开具体装置参数、客户、项目、数量或交付,-40.02,-43.38,-26.71,0.5563,103
603699.SH,纽威股份,上交所,CNY,52.25,2026-08-07,47.866071,102.7525,197.2848,基本合理,0.0915874,-0.49149656,2026-08-06,2026,1979186486.447032,7,ana-data/result/股票估值/20260806_defense_603699_valuation/纽威股份价格合理性评估_20260806.md,未识别估值泡沫,-49.15,-73.52,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,9.70,-17.34,0.65,1.3836,103
603703.SH,盛洋科技,上交所,CNY,9.27,2026-08-07,1.991538,3.584768,5.974614,明显偏贵,3.65469401,1.58594141,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603703_valuation/盛洋科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,158.59,55.16,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿158.6%，主要在交易盈利修复，并押注卫星通信终端及组件业务包括海事卫星通信终端、北斗车载终端和5G卫星电视终端等公开高层类别。 当前价还高于乐观情景上沿55.2%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,卫星通信终端业务不等同军用航天装备；不展开客户、轨位、终端参数、任务、数量、产能或交付,-6.65,-36.42,-16.19,0.4824,103
603712.SH,七一二,上交所,CNY,12.11,2026-08-07,5.94507,9.90845,14.862675,偏贵,1.0369819,0.22218914,2026-08-04,2026,-162120000.0,2,ana-data/result/股票估值/20260805_seven_twelve_refresh_valuation/七一二价格合理性评估_20260804.md,泡沫-中,22.22,-18.52,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿22.2%，主要在交易盈利修复，并押注军品通信装备交付、订单恢复和产品结构。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,订单延期、应收账款和验收节奏,1.59,-25.39,-7.79,0.7167,103
603728.SH,鸣志电器,上交所,CNY,52.95,2026-08-07,3.7125,8.855,16.8245,明显偏贵,13.26262626,4.9796725,2026-08-06,2026,115192687.5,2,ana-data/result/股票估值/20260806_defense_603728_valuation/鸣志电器价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,497.97,214.72,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿498.0%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注公开产品包括步进电机、空心杯电机、直流无刷电机和伺服电机。 当前价还高于乐观情景上沿214.7%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-11.23,-16.55,-10.54,0.5576,103
603730.SH,岱美股份,上交所,CNY,10.11,2026-08-07,6.391286,15.2444,28.96436,基本合理,0.58184128,-0.33680565,2026-08-04,2026,1017205636.977207,7,ana-data/result/股票估值/20260805_daimei_valuation/岱美股份价格合理性评估_20260804.md,未识别估值泡沫,-33.68,-65.10,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-9.65,-8.59,-12.23,0.6191,103
603738.SH,泰晶科技,上交所,CNY,36.63,2026-08-07,2.7,7.0,13.3,明显偏贵,12.56666667,4.23285714,2026-08-06,2026,77177498.4,1,ana-data/result/股票估值/20260806_defense_603738_valuation/泰晶科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,423.29,175.41,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿423.3%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公司具备从无源谐振器到有源振荡器的全域产品量产能力。 当前价还高于乐观情景上沿175.4%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-23.85,-32.17,-20.81,0.8189,103
603757.SH,大元泵业,上交所,CNY,65.01,2026-08-07,15.93,41.3,78.47,偏贵,3.08097928,0.57409201,2026-08-06,2026,220125765.62,1,ana-data/result/股票估值/20260806_defense_603757_valuation/大元泵业价格合理性评估_20260806.md,泡沫-高,57.41,-17.15,业务增长、订单兑现和利润率改善预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿57.4%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品类型包括工业用泵业务。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-15.70,5.83,3.61,0.5062,103
603766.SH,隆鑫通用,上交所,CNY,13.76,2026-08-07,14.507735,34.603635,65.746907,偏低,-0.05154044,-0.60235391,2026-08-06,2026,2206832709.274496,17,ana-data/result/股票估值/20260806_defense_603766_valuation/隆鑫通用价格合理性评估_20260806.md,未识别估值泡沫,-60.24,-79.07,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,11.87,-9.53,4.75,0.9437,103
603767.SH,中马传动,上交所,CNY,14.95,2026-08-07,0.948469,2.169701,4.122432,明显偏贵,14.76224421,5.89035033,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603767_valuation/中马传动价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,589.04,262.65,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿589.0%，主要在交易盈利修复，并押注公开产品包括汽车变速器、新能源汽车减速器、电控分动器及多类车辆齿轮。 当前价还高于乐观情景上沿262.7%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,4.40,-23.72,-8.98,0.3823,103
603799.SH,华友钴业,上交所,CNY,44.01,2026-08-07,44.884286,114.704286,224.8204,偏低,-0.01947867,-0.61631774,2026-08-04,2026,9443292231.21027,14,ana-data/result/股票估值/20260804_huayou_cobalt_valuation/华友钴业价格合理性评估_20260804.md,未识别估值泡沫,-61.63,-80.42,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,4.31,-29.36,-8.04,1.1232,103
603809.SH,豪能股份,上交所,CNY,9.38,2026-08-07,7.59,16.928,33.327,基本合理,0.23583663,-0.44588847,2026-08-05,2026,423332851.22,7,ana-data/result/股票估值/20260805_haoneng_valuation/豪能股份价格合理性评估_20260805.md,未识别估值泡沫,-44.59,-71.85,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,6.71,-18.01,-3.20,0.7703,103
603859.SH,能科科技,上交所,CNY,42.56,2026-08-07,15.069375,35.94325,68.292175,偏贵,1.82427108,0.18408881,2026-08-06,2026,273143808.74125,8,ana-data/result/股票估值/20260806_defense_603859_valuation/能科科技价格合理性评估_20260806.md,泡沫-中,18.41,-37.68,业务增长、订单兑现和利润率改善预期,乐观情景提前定价,价格高于基准合理区间上沿18.4%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公司在数字化产线建设中提供“数字孪生”虚实结合的柔性生产线解决方案及实施交付服务。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工无人系统独立分部；不反向识别客户、系统、数据、任务、部署、参数或结果,-5.94,3.28,-5.02,0.6579,103
603878.SH,武进不锈,上交所,CNY,4.94,2026-08-07,2.565,6.65,12.635,基本合理,0.92592593,-0.25714286,2026-08-06,2026,106616125.57,1,ana-data/result/股票估值/20260806_defense_603878_valuation/武进不锈价格合理性评估_20260806.md,未识别估值泡沫,-25.71,-60.90,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,2.07,-38.86,-13.83,0.7111,103
603882.SH,金域医学,上交所,CNY,28.97,2026-08-07,11.865,28.300222,53.770422,偏贵,1.44163506,0.02366688,2026-08-06,2026,407152550.583385,8,ana-data/result/股票估值/20260806_defense_603882_valuation/金域医学价格合理性评估_20260806.md,泡沫-轻,2.37,-46.12,盈利修复或扭亏预期提前定价,轻度乐观预期；短期动量放大,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿2.4%，主要在交易盈利修复，并押注公开服务包括实体肿瘤惠民基因检测和阿尔茨海默病惠民早筛。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 近20个交易日上涨26.6%，高于60日均线13.9%，短期动量可能放大估值溢价。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,26.56,7.26,13.94,1.1647,103
603893.SH,瑞芯微,上交所,CNY,205.32,2026-08-07,71.162,163.6726,327.3452,偏贵,1.88524774,0.25445554,2026-08-04,2026,1433227925.566808,16,ana-data/result/股票估值/20260804_rockchip_valuation/瑞芯微价格合理性评估_20260804.md,泡沫-中,25.45,-37.28,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿25.4%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注AIoT芯片销量、产品升级、客户新品和库存周期。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,消费电子周期、客户集中和高估值,-0.98,13.71,8.34,1.0117,103
603895.SH,天永智能,上交所,CNY,24.68,2026-08-07,1.435783,3.284472,6.240497,明显偏贵,16.18922706,6.51414535,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603895_valuation/天永智能价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,651.41,295.48,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿651.4%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注业务覆盖锂电池智能装备、光伏智能装备、新能源电机电池、智能仓储物流和数字化工厂。 当前价还高于乐观情景上沿295.5%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-19.56,-35.19,-19.11,0.5103,103
603901.SH,永创智能,上交所,CNY,9.55,2026-08-07,6.4125,15.295,29.0605,基本合理,0.48927875,-0.37561295,2026-08-06,2026,248943746.55,4,ana-data/result/股票估值/20260806_defense_603901_valuation/永创智能价格合理性评估_20260806.md,未识别估值泡沫,-37.56,-67.14,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-6.37,-26.37,-9.86,0.7311,103
603915.SH,国茂股份,上交所,CNY,13.58,2026-08-07,6.48,15.456,29.3664,基本合理,1.09567901,-0.12137681,2026-08-06,2026,315183590.4,2,ana-data/result/股票估值/20260806_defense_603915_valuation/国茂股份价格合理性评估_20260806.md,未识别估值泡沫,-12.14,-53.76,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-3.48,-27.69,-9.80,0.4098,103
603936.SH,博敏电子,上交所,CNY,15.93,2026-08-07,4.32,11.2,21.28,偏贵,2.6875,0.42232143,2026-08-06,2026,201727361.28,1,ana-data/result/股票估值/20260806_defense_603936_valuation/博敏电子价格合理性评估_20260806.md,泡沫-中,42.23,-25.14,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿42.2%，主要在交易盈利修复，并押注公开高端产品包括印制电路板、封装载板以及薄膜和DPC陶瓷衬板，航空航天为其多类应用或经验之一。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,航空航天只是多领域应用或制造经验之一；不以潜在用途把公司整体业务归为军工电子,-19.67,-28.37,-22.19,0.5086,103
603969.SH,银龙股份,上交所,CNY,7.47,2026-08-07,8.4375,20.125,38.2375,偏低,-0.11466667,-0.62881988,2026-08-06,2026,535840000.0,4,ana-data/result/股票估值/20260806_defense_603969_valuation/银龙股份价格合理性评估_20260806.md,未识别估值泡沫,-62.88,-80.46,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-1.06,-25.15,-4.74,0.6470,103
603978.SH,深圳新星,上交所,CNY,19.64,2026-08-07,7.857295,14.143131,23.571884,偏贵,1.49958796,0.38865998,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603978_valuation/深圳新星价格合理性评估_20260806.md,泡沫-中,38.87,-16.68,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿38.9%，主要在交易盈利修复，并押注公开产品为铝晶粒细化材料，并用于航空航天、船舶和军工等高精尖行业用铝材制造。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开客户、平台、材料参数、部位、任务、数量、产能或交付；公司整体材料收入不等同军工分部,-17.69,-38.01,-23.07,0.4698,103
603993.SH,洛阳钼业,上交所,CNY,20.83,2026-08-07,14.175,36.225,71.001,基本合理,0.46948854,-0.42498275,2026-08-04,2026,33696038527.2,20,ana-data/result/股票估值/20260804_cmoc_valuation/洛阳钼业价格合理性评估_20260804.md,未识别估值泡沫,-42.50,-70.66,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,21.18,-0.76,11.24,0.9445,103
605008.SH,长鸿高科,上交所,CNY,11.57,2026-08-07,3.023424,5.442162,9.070271,明显偏贵,2.82678711,1.12599331,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_605008_valuation/长鸿高科价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,112.60,27.56,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿112.6%，主要在交易盈利修复，并押注公开产品包含苯乙烯类热塑性弹性体。 当前价还高于乐观情景上沿27.6%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-3.74,-6.47,-0.20,0.9783,103
605123.SH,派克新材,上交所,CNY,78.88,2026-08-07,78.16,179.768,340.810167,基本合理,0.00921187,-0.56121223,2026-08-06,2026,394613204.946707,6,ana-data/result/股票估值/20260806_defense_605123_valuation/派克新材价格合理性评估_20260806.md,未识别估值泡沫,-56.12,-76.86,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-13.32,-33.46,-16.45,0.7746,103
605358.SH,立昂微,上交所,CNY,44.88,2026-08-07,6.515625,15.985,30.771125,明显偏贵,5.88805755,1.80763216,2026-08-04,2026,268339282.1175,4,ana-data/result/股票估值/20260804_lion_micro_valuation/立昂微价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,180.76,45.85,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿180.8%，主要在交易盈利修复，并押注硅片和器件销量、价格、产能利用率及良率。 当前价还高于乐观情景上沿45.9%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,当前亏损、可转债摊薄和重资产周期,-29.62,-14.77,-21.38,0.4450,103
605376.SH,博迁新材,上交所,CNY,163.97,2026-08-07,34.305,81.823778,155.465178,明显偏贵,3.77976971,1.00394071,2026-08-06,2026,664754666.666638,9,ana-data/result/股票估值/20260806_defense_605376_valuation/博迁新材价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,100.39,5.47,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿100.4%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品为微纳金属粉体，应用覆盖电子、汽车、通信、人工智能服务器和航空航天等多领域。 当前价还高于乐观情景上沿5.5%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,航空航天只是公开多领域应用之一；不因潜在用途把公司整体粉体业务和收入归入军工,-20.77,26.62,-9.93,0.9651,103
605488.SH,福莱新材,上交所,CNY,27.94,2026-08-07,6.875,16.866667,32.468333,偏贵,3.064,0.65652171,2026-08-04,2026,109995716.966767,3,ana-data/result/股票估值/20260805_fulai_new_material_valuation/福莱新材价格合理性评估_20260804.md,泡沫-高,65.65,-13.95,业务增长、订单兑现和利润率改善预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿65.7%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注标签与电子材料销量、产品结构和原料价差。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,新业务爬坡、原料价格和需求波动,-6.08,-21.38,-10.67,0.9284,103
605589.SH,圣泉集团,上交所,CNY,42.38,2026-08-07,21.76875,51.9225,98.65275,基本合理,0.94682745,-0.18378352,2026-08-06,2026,1364801453.025,12,ana-data/result/股票估值/20260806_defense_605589_valuation/圣泉集团价格合理性评估_20260806.md,未识别估值泡沫,-18.38,-57.04,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-23.38,0.28,-16.43,0.5676,103
688002.SH,睿创微纳,上交所,CNY,170.04,2026-08-07,91.2,209.76,397.67,基本合理,0.86447368,-0.18935927,2026-08-04,2026,1787950331.0,6,ana-data/result/股票估值/20260805_raytron_refresh_valuation/睿创微纳价格合理性评估_20260804.md,未识别估值泡沫,-18.94,-57.24,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,3.48,16.06,21.56,0.9782,103
688005.SH,容百科技,上交所,CNY,27.75,2026-08-07,6.075,15.525,30.429,偏贵,3.56790123,0.78743961,2026-08-04,2026,385894126.08,5,ana-data/result/股票估值/20260805_ronbay_valuation/容百科技价格合理性评估_20260804.md,泡沫-高,78.74,-8.80,盈利修复或扭亏预期提前定价,乐观情景被大幅提前资本化,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿78.7%，主要在交易盈利修复，并押注正极材料销量、金属价格传导、海外产能和单位盈利。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,行业供给、金属价格、应收与海外扩产,2.36,-25.02,-8.13,0.5624,103
688010.SH,福光股份,上交所,CNY,27.61,2026-08-07,10.67586,19.216548,32.027581,偏贵,1.58620851,0.43678251,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688010_valuation/福光股份价格合理性评估_20260806.md,泡沫-中,43.68,-13.79,军工、商业航天或低空经济主题溢价,乐观情景提前定价,价格高于基准合理区间上沿43.7%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注定制产品包括特种光学镜头与光电系统，公开应用领域包括航天工程、空间观测等高层级场景。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,航天工程和空间观测是公开应用领域，不等同空间装备独立分部；不展开客户、型号、参数、任务、数量或交付,-32.15,-20.43,-25.38,0.3472,103
688011.SH,新光光电,上交所,CNY,81.15,2026-08-07,10.486015,18.874827,31.458046,明显偏贵,6.73887888,3.29937715,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688011_valuation/新光光电价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,329.94,157.96,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价；趋势动量与交易拥挤,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿329.9%，主要在交易盈利修复，并押注公司的光电专用测试设备主要用于高端装备制造中的光电测试行业，并聚焦军工及工业检测领域。 当前价还高于乐观情景上沿158.0%，说明市场计入了超过现有乐观模型的额外预期。 近60个交易日上涨25.1%，并高于60日均线30.5%，量价趋势可能放大估值溢价。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开具体客户、系统、平台、型号、性能参数、任务、数量或交付；涉密或豁免内容不推断,29.74,25.13,30.55,1.5159,103
688012.SH,中微公司,上交所,CNY,367.65,2026-08-07,128.835,282.21,553.1316,偏贵,1.85365002,0.30275327,2026-08-04,2026,4701090243.984,25,ana-data/result/股票估值/20260804_amec_valuation/中微公司价格合理性评估_20260804.md,泡沫-中,30.28,-33.53,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿30.3%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注设备订单、验收、并购协同和产品平台扩张。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,并购及配套融资摊薄、估值中枢回落,-22.04,-9.36,-2.07,0.9066,103
688017.SH,绿的谐波,上交所,CNY,347.76,2026-08-07,31.691538,72.890538,144.566235,明显偏贵,9.97327621,3.77098962,2026-08-04,2026,193667123.586609,12,ana-data/result/股票估值/20260805_leader_harmonic_valuation/绿的谐波价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,377.10,140.55,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿377.1%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注工业机器人需求、市场份额和人形机器人放量。 当前价还高于乐观情景上沿140.6%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,需求兑现、竞争和高估值,-14.82,24.36,-2.32,0.7721,103
688019.SH,安集科技,上交所,CNY,251.68,2026-08-07,81.20925,193.6991,368.02829,偏贵,2.09915435,0.2993349,2026-08-06,2026,1013987417.975,8,ana-data/result/股票估值/20260806_defense_688019_valuation/安集科技价格合理性评估_20260806.md,泡沫-中,29.93,-31.61,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿29.9%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注公开产品包括化学机械抛光液、功能性湿电子化学品、电镀液及添加剂系列产品。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-26.82,-12.31,-4.02,0.7575,103
688023.SH,安恒信息,上交所,CNY,39.92,2026-08-07,10.665,25.438,48.3322,偏贵,2.74308486,0.56930576,2026-08-06,2026,80631780.55,2,ana-data/result/股票估值/20260806_defense_688023_valuation/安恒信息价格合理性评估_20260806.md,泡沫-高,56.93,-17.40,盈利修复或扭亏预期提前定价,乐观情景被大幅提前资本化,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿56.9%，主要在交易盈利修复，并押注公开主营业务为AI+网络安全产品研发、生产及销售。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,7.05,-14.66,2.74,1.5525,103
688026.SH,洁特生物,上交所,CNY,16.54,2026-08-07,7.83,20.3,38.57,基本合理,1.11238825,-0.18522167,2026-08-06,2026,81411320.1,1,ana-data/result/股票估值/20260806_defense_688026_valuation/洁特生物价格合理性评估_20260806.md,未识别估值泡沫,-18.52,-57.12,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,18.23,1.91,16.13,1.3971,103
688031.SH,星环科技,上交所,CNY,115.4,2026-08-07,6.657922,11.98426,19.973767,明显偏贵,16.33273535,8.62929709,2026-08-06,2026,-121539702.386626,3,ana-data/result/股票估值/20260806_defense_688031_valuation/星环科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,862.93,477.76,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿862.9%，主要在交易盈利修复，并押注公开产品矩阵包括大数据与云基础平台、分布式数据库、数据开发工具和人工智能平台。 当前价还高于乐观情景上沿477.8%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,11.12,-15.52,1.80,1.1266,103
688037.SH,芯源微,上交所,CNY,310.87,2026-08-07,28.459375,62.339583,122.185583,明显偏贵,9.92328978,3.98671927,2026-08-04,2026,218748509.413401,12,ana-data/result/股票估值/20260804_kingsemi_valuation/芯源微价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,398.67,154.42,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿398.7%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注设备验收、客户扩产、国产替代和产品结构。 当前价还高于乐观情景上沿154.4%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,利润基数低、验收波动和激励摊薄,-27.98,13.30,0.27,0.8114,103
688038.SH,中科通达,上交所,CNY,17.28,2026-08-07,5.090331,9.162596,15.270993,明显偏贵,2.39467119,0.8859284,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688038_valuation/中科通达价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,88.59,13.16,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿88.6%，主要在交易盈利修复，并押注公开方案用于治安巡查、案件研判、治安防控和应急响应等公安场景。 当前价还高于乐观情景上沿13.2%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,目标赛道为数字公安相邻入口；不把公安信息化等同军用无人化，不反向识别任务或部署,3.54,-16.44,-5.28,0.9456,103
688049.SH,炬芯科技,上交所,CNY,42.51,2026-08-07,22.545,53.774,102.1706,基本合理,0.88556221,-0.20946926,2026-08-06,2026,292529975.5,4,ana-data/result/股票估值/20260806_defense_688049_valuation/炬芯科技价格合理性评估_20260806.md,未识别估值泡沫,-20.95,-58.39,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-6.28,-17.78,-3.80,0.9708,103
688053.SH,ST思科瑞,上交所,CNY,35.0,2026-08-07,15.8375,28.507499,47.512499,偏贵,1.20994475,0.22774713,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688053_valuation/ST思科瑞价格合理性评估_20260806.md,泡沫-中,22.77,-26.34,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿22.8%，主要在交易盈利修复，并押注公开服务包括电子元器件测试与可靠性筛选、环境试验、电磁兼容、破坏性物理分析、失效分析和可靠性管理技术支持。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开具体被测型号、参数、客户、项目或试验结果；检测能力不等同装备能力,-7.87,-16.33,-2.91,0.5189,103
688056.SH,莱伯泰科,上交所,CNY,44.1,2026-08-07,6.367785,14.566829,27.676975,明显偏贵,5.92548508,2.02742622,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688056_valuation/莱伯泰科价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,202.74,59.34,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿202.7%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注2025年主营业务收入中实验分析仪器占77.15%，洁净环保型实验室解决方案占8.41%，消耗件与服务占14.44%。 当前价还高于乐观情景上沿59.3%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工试验检测独立分部；不展开客户、设施、对象、任务、参数、数据或结果,-18.60,23.36,-7.08,0.5227,103
688058.SH,宝兰德,上交所,CNY,22.7,2026-08-07,8.125793,14.626427,24.377379,偏贵,1.7935735,0.55198532,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688058_valuation/宝兰德价格合理性评估_20260806.md,泡沫-高,55.20,-6.88,盈利修复或扭亏预期提前定价,乐观情景被大幅提前资本化,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿55.2%，主要在交易盈利修复，并押注公开产品矩阵覆盖基础设施软件、智能运维、人工智能及大数据。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,8.56,-23.98,-2.07,1.0558,103
688063.SH,派能科技,上交所,CNY,45.15,2026-08-07,23.67,60.49,118.5604,基本合理,0.90747782,-0.25359564,2026-08-04,2026,516235859.896,5,ana-data/result/股票估值/20260805_pylontech_valuation/派能科技价格合理性评估_20260804.md,未识别估值泡沫,-25.36,-61.92,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-4.14,-41.92,-18.62,0.4901,103
688065.SH,凯赛生物,上交所,CNY,48.95,2026-08-07,14.391,34.3252,65.21788,偏贵,2.40143145,0.42606598,2026-08-06,2026,768894920.404,6,ana-data/result/股票估值/20260806_defense_688065_valuation/凯赛生物价格合理性评估_20260806.md,泡沫-中,42.61,-24.94,业务增长、订单兑现和利润率改善预期,乐观情景提前定价,价格高于基准合理区间上沿42.6%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品包括生物法长链二元酸、生物基戊二胺和生物基聚酰胺。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,7.02,3.82,8.46,0.9402,103
688070.SH,纵横股份,上交所,CNY,34.1,2026-08-07,13.68,31.464,59.6505,偏贵,1.49269006,0.08377829,2026-08-06,2026,49920600.0,3,ana-data/result/股票估值/20260806_defense_688070_valuation/纵横股份价格合理性评估_20260806.md,泡沫-轻,8.38,-42.83,军工、商业航天或低空经济主题溢价,轻度乐观预期,价格高于基准合理区间上沿8.4%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品包括垂直起降固定翼、多旋翼无人机、载荷、指控与低空行业应用系统。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；工业无人机以广泛民用场景为主，不能整体归入军工,-5.85,-26.97,-10.50,1.0017,103
688071.SH,华依科技,上交所,CNY,36.6,2026-08-07,4.32,10.304,19.5776,明显偏贵,7.47222222,2.55201863,2026-08-06,2026,27132711.68,2,ana-data/result/股票估值/20260806_defense_688071_valuation/华依科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,255.20,86.95,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿255.2%，主要在交易盈利修复，并押注公开产品和服务包括动力总成测试设备、测试台架、整车及零部件研发验证、测试服务、工程咨询和智驾感知定位方案。 当前价还高于乐观情景上沿86.9%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工检测业务；不以汽车测试、智能驾驶或通用设备潜在用途反向识别客户与任务,1.92,0.72,4.35,1.1314,103
688072.SH,拓荆科技,上交所,CNY,690.65,2026-08-07,158.7075,347.645,681.3842,明显偏贵,3.35171621,0.98665305,2026-08-04,2026,1757445137.264,10,ana-data/result/股票估值/20260804_piotech_valuation/拓荆科技价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,98.67,1.36,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿98.7%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注薄膜设备订单、交付验收、先进制程渗透和毛利率。 当前价还高于乐观情景上沿1.4%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本93日）,定增摊薄、客户集中和研发投入,-16.08,79.59,7.65,0.9058,93
688075.SH,安旭生物,上交所,CNY,28.94,2026-08-07,40.528665,72.951597,121.585996,偏低,-0.2859375,-0.60329861,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688075_valuation/安旭生物价格合理性评估_20260806.md,未识别估值泡沫,-60.33,-76.20,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,0.38,-23.44,-7.13,1.2623,103
688081.SH,兴图新科,上交所,CNY,30.59,2026-08-07,3.82737,6.889267,11.482111,明显偏贵,6.99243345,3.44024016,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688081_valuation/兴图新科价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,344.02,166.41,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿344.0%，主要在交易盈利修复，并押注公开产品形成智能视频指挥和视频智算两大产品体系。 当前价还高于乐观情景上沿166.4%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开具体用户、系统、部署、项目、算法参数、数量或交付；公司整体收入不等同国防领域分部,-18.95,-47.66,-28.02,0.6039,103
688083.SH,中望软件,上交所,CNY,51.56,2026-08-07,6.912,16.4864,31.32416,明显偏贵,6.45949074,2.12742624,2026-08-06,2026,86858877.952,9,ana-data/result/股票估值/20260806_defense_688083_valuation/中望软件价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,212.74,64.60,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿212.7%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注核心产品矩阵覆盖自主二维CAD、三维CAD/CAM及多学科仿真。 当前价还高于乐观情景上沿64.6%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-7.27,-9.94,-8.97,0.5641,103
688084.SH,晶品特装,上交所,CNY,44.34,2026-08-07,10.32,25.8,48.9125,偏贵,3.29651163,0.71860465,2026-08-04,2026,32533398.38,1,ana-data/result/股票估值/20260805_jingpin_refresh_valuation/晶品特装价格合理性评估_20260804.md,泡沫-高,71.86,-9.35,盈利修复或扭亏预期提前定价,乐观情景被大幅提前资本化,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿71.9%，主要在交易盈利修复，并押注军品项目验收、批产订单和新产品交付。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,订单集中、验收波动和小市值估值,-5.07,-33.08,-10.01,0.9283,103
688102.SH,斯瑞新材,上交所,CNY,38.05,2026-08-07,6.33,14.559,27.601438,明显偏贵,5.01105845,1.61350367,2026-08-06,2026,204527015.3225,8,ana-data/result/股票估值/20260806_defense_688102_valuation/斯瑞新材价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,161.35,37.86,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿161.4%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品包括高强高导铜合金材料与制品、中高压电接触材料、金属铬粉、CT和DR球管零组件、光模块芯片基座/壳体和液体火箭发动机推力室内壁。 当前价还高于乐观情景上沿37.9%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产品覆盖新能源汽车、电力、医疗、半导体、航天等多领域；公司整体收入不能全量归入军工材料,-8.07,-17.46,0.55,0.7307,103
688107.SH,安路科技,上交所,CNY,32.6,2026-08-07,2.252132,4.053837,6.756395,明显偏贵,13.47517286,7.04176389,2026-08-06,2026,-180382215.15,1,ana-data/result/股票估值/20260806_defense_688107_valuation/安路科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,704.18,382.51,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿704.2%，主要在交易盈利修复，并押注公开产品包括FPGA、FPSoC芯片及相关专用EDA软件，应用覆盖通信、工业控制、数据中心、医疗、汽车和电力等领域。 当前价还高于乐观情景上沿382.5%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工业务；不因芯片通用性和潜在用途识别具体客户、系统、参数或军用场景,-27.75,-18.23,-17.34,0.5187,103
688110.SH,东芯股份,上交所,CNY,115.98,2026-08-07,18.63,44.436,84.4284,明显偏贵,5.22544283,1.61004591,2026-08-06,2026,610304666.04,2,ana-data/result/股票估值/20260806_defense_688110_valuation/东芯股份价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,161.00,37.37,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿161.0%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注公开产品涵盖NAND Flash、NOR Flash、DRAM及衍生产品MCP。 当前价还高于乐观情景上沿37.4%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-34.23,-29.15,-18.88,0.6290,103
688111.SH,金山办公,上交所,CNY,265.65,2026-08-07,210.365055,408.355694,774.174337,基本合理,0.26280479,-0.3494642,2026-08-06,2026,2535444419.319984,29,ana-data/result/股票估值/20260806_kingsoft_office_valuation/金山办公价格合理性评估_20260806.md,未识别估值泡沫,-34.95,-65.69,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,16.72,0.64,13.06,1.9572,103
688112.SH,鼎阳科技,上交所,CNY,52.7,2026-08-07,15.876,37.8672,71.94768,偏贵,2.31947594,0.39170575,2026-08-06,2026,187685934.408,5,ana-data/result/股票估值/20260806_defense_688112_valuation/鼎阳科技价格合理性评估_20260806.md,泡沫-中,39.17,-26.75,业务增长、订单兑现和利润率改善预期,乐观情景提前定价,价格高于基准合理区间上沿39.2%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注主营数字示波器、波形和信号发生器、频谱分析仪、矢量网络分析仪、可编程电源和万用表等。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,目标赛道为通用测试仪器相邻入口；不按潜在用途把公司整体经营指标军工化,-27.41,-7.59,-19.97,0.3418,103
688115.SH,思林杰,上交所,CNY,54.51,2026-08-07,0.847494,1.938712,3.683554,明显偏贵,63.31903943,27.11660525,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688115_valuation/思林杰价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,2711.66,1379.82,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿2711.7%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注公开产品包括控制器、功能模块、综合测试仪和模块化仪器平台，配置可包括万用表、示波器、信号发生器和数据记录仪等。 当前价还高于乐观情景上沿1379.8%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,主要终端应用为消费电子；不因通用测试能力将公司整体业务归为军工检测,-28.18,-7.06,-6.05,0.9332,103
688120.SH,华海清科,上交所,CNY,259.3,2026-08-07,101.22,221.72,434.5712,偏贵,1.56174669,0.16949305,2026-08-04,2026,1913661224.928,10,ana-data/result/股票估值/20260804_hwatsing_technology_valuation/华海清科价格合理性评估_20260804.md,泡沫-中,16.95,-40.33,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿16.9%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注设备验收、装机量、耗材服务和规模效应。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,资本开支、送转与激励摊薄、客户验收,-24.62,3.43,3.98,0.9920,103
688122.SH,西部超导,上交所,CNY,53.16,2026-08-07,35.0,80.5,152.614583,基本合理,0.51885714,-0.33962733,2026-08-04,2026,947427391.458117,6,ana-data/result/股票估值/20260805_western_superconducting_valuation/西部超导价格合理性评估_20260804.md,未识别估值泡沫,-33.96,-65.17,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-2.23,-21.57,-8.04,0.6887,103
688126.SH,沪硅产业,上交所,CNY,26.65,2026-08-07,6.112506,9.168759,12.734388,明显偏贵,3.35991392,1.90660928,2026-08-04,2026,-553591418.3275,4,ana-data/result/股票估值/20260804_shanghai_silicon_valuation/沪硅产业价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,190.66,109.28,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿190.7%，主要在交易盈利修复，并押注出货量、产品价格、产能利用率及政府补助。 当前价还高于乐观情景上沿109.3%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,持续亏损、重资产折旧和硅片周期,-28.46,4.26,-10.58,0.4937,103
688135.SH,利扬芯片,上交所,CNY,24.9,2026-08-07,1.215,3.15,5.985,明显偏贵,19.49382716,6.9047619,2026-08-06,2026,18310790.97,1,ana-data/result/股票估值/20260806_defense_688135_valuation/利扬芯片价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,690.48,316.04,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿690.5%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注公司形成条状封装产品自动探针台、3D高频智能分类机械手、晶圆测试和芯片成品测试能力。 当前价还高于乐观情景上沿316.0%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-42.56,-35.16,-27.86,0.4436,103
688143.SH,长盈通,上交所,CNY,112.29,2026-08-07,12.535714,26.91,51.6672,明显偏贵,7.95760704,3.17279822,2026-08-06,2026,86099164.765659,7,ana-data/result/股票估值/20260806_defense_688143_valuation/长盈通价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,317.28,117.33,通信、光通信或卫星互联网成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿317.3%，主要在提前交易通信、光通信或卫星互联网成长预期，具体押注公开核心产品包括光纤环器件、特种光纤、新型材料、高端装备和相关光器件，本文仅保留惯性器件高层级用途。 当前价还高于乐观情景上沿117.3%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本100日）,不展开具体平台、用途细节、精度参数、客户、任务、数量、产能或交付；整体财务不等同国防分部,-28.84,58.69,-21.36,0.8304,100
688151.SH,华强科技,上交所,CNY,16.41,2026-08-07,12.29027,22.122486,36.87081,基本合理,0.33520256,-0.2582208,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688151_valuation/华强科技价格合理性评估_20260806.md,未识别估值泡沫,-25.82,-55.49,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,9.69,-20.57,0.14,1.5812,103
688152.SH,麒麟信安,上交所,CNY,28.45,2026-08-07,11.773117,21.191611,35.319352,偏贵,1.41652232,0.34251237,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688152_valuation/麒麟信安价格合理性评估_20260806.md,泡沫-中,34.25,-19.45,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿34.3%，主要在交易盈利修复，并押注产品与服务面向电力、政务及特种行业等关键领域，公开高层类别包括服务器、桌面和嵌入式操作系统以及信息安全和云计算产品。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,严格停在年报脱密后公开高层类别；不展开客户、系统、数据、任务、部署、参数、漏洞、数量或验证结果,4.79,-31.95,-4.76,1.1443,103
688153.SH,唯捷创芯,上交所,CNY,26.13,2026-08-07,3.7125,8.855,16.8245,明显偏贵,6.03838384,1.95087521,2026-08-06,2026,118336077.2,3,ana-data/result/股票估值/20260806_defense_688153_valuation/唯捷创芯价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,195.09,55.31,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿195.1%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注主要产品涵盖射频功率放大器模组和接收端模组，并包括卫星通信射频前端模组，应用于卫星通信终端等设备。 当前价还高于乐观情景上沿55.3%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军用航天装备独立业务；不展开客户、终端、系统、参数、数量、产能或交付,-18.11,-22.23,-11.73,0.5075,103
688157.SH,松井股份,上交所,CNY,19.09,2026-08-07,4.05,9.66,18.354,明显偏贵,3.71358025,0.97619048,2026-08-06,2026,46929324.0,2,ana-data/result/股票估值/20260806_defense_688157_valuation/松井股份价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,97.62,4.01,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿97.6%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品包括涂料、油墨和胶黏剂。 当前价还高于乐观情景上沿4.0%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-7.29,-45.61,-23.23,0.7999,103
688159.SH,有方科技,上交所,CNY,33.73,2026-08-07,5.877954,13.4463,25.54797,明显偏贵,4.73839128,1.50849676,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688159_valuation/有方科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,150.85,32.03,通信、光通信或卫星互联网成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿150.8%，主要在提前交易通信、光通信或卫星互联网成长预期，具体押注公开产品包括物联网无线通信模组、无线通信终端、无线通信解决方案和云平台。 当前价还高于乐观情景上沿32.0%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-10.17,-50.01,-20.92,0.4549,103
688160.SH,步科股份,上交所,CNY,114.78,2026-08-07,20.5625,50.446667,97.109833,明显偏贵,4.58200608,1.2752742,2026-08-04,2026,100032675.913364,3,ana-data/result/股票估值/20260805_kinco_valuation/步科股份价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,127.53,18.20,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿127.5%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注伺服、人机界面和机器人客户销量。 当前价还高于乐观情景上沿18.2%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,制造业需求和机器人主题溢价,-0.64,-5.61,-0.45,0.5686,103
688165.SH,埃夫特,上交所,CNY,17.99,2026-08-07,2.779783,4.632971,6.949457,明显偏贵,5.47172819,2.88303747,2026-08-04,,,0,ana-data/result/股票估值/20260805_efort_valuation/埃夫特价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,288.30,158.87,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿288.3%，主要在交易盈利修复，并押注机器人销量、业务结构和规模降本。 当前价还高于乐观情景上沿158.9%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,持续亏损、商誉和价格竞争,-8.73,-9.32,-5.86,0.4659,103
688166.SH,博瑞医药,上交所,CNY,38.14,2026-08-07,4.62,12.375,25.025,明显偏贵,7.25541126,2.0820202,2026-08-04,2026,95874898.02,1,ana-data/result/股票估值/20260804_boryung_pharma_valuation/博瑞医药价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,208.20,52.41,创新药、医疗器械或国产替代预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿208.2%，主要在提前交易创新药、医疗器械或国产替代预期，具体押注核心制剂销量、研发管线、授权合作和费用控制。 当前价还高于乐观情景上沿52.4%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,研发失败、商业化不及预期和持续融资,27.99,-42.52,-8.47,1.1551,103
688172.SH,燕东微,上交所,CNY,56.5,2026-08-07,12.72609,22.906962,38.17827,明显偏贵,3.43969829,1.46649905,2026-08-06,2026,-1313408649.24,1,ana-data/result/股票估值/20260806_defense_688172_valuation/燕东微价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,146.65,47.99,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿146.6%，主要在交易盈利修复，并押注核心业务包括制造服务和产品解决方案。 当前价还高于乐观情景上沿48.0%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-36.01,15.80,-13.46,0.5332,103
688175.SH,高凌信息,上交所,CNY,19.03,2026-08-07,13.386038,24.094869,40.158114,基本合理,0.42163051,-0.21020529,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688175_valuation/高凌信息价格合理性评估_20260806.md,未识别估值泡沫,-21.02,-52.61,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-33.23,-46.11,-24.84,0.8100,93
688180.SH,君实生物,上交所,CNY,39.24,2026-08-07,5.742764,10.336975,17.228292,明显偏贵,5.83294664,2.79608154,2026-08-04,2026,-397443056.729219,9,ana-data/result/股票估值/20260804_junshi_bio_valuation/君实生物价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,279.61,127.76,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿279.6%，主要在交易盈利修复，并押注PD-1及新药销售、海外合作、研发管线和现金消耗。 当前价还高于乐观情景上沿127.8%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,持续亏损、临床失败和再融资,9.00,-2.46,13.03,0.9282,103
688182.SH,灿勤科技,上交所,CNY,27.69,2026-08-07,11.25,26.25,50.4,偏贵,1.46133333,0.05485714,2026-08-06,2026,240000000.0,1,ana-data/result/股票估值/20260806_defense_688182_valuation/灿勤科技价格合理性评估_20260806.md,泡沫-轻,5.49,-45.06,军工、商业航天或低空经济主题溢价,轻度乐观预期,价格高于基准合理区间上沿5.5%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注产品主要包括滤波器、天线、谐振器，并以低互调无源组件、高性能陶瓷结构与功能器件、射频模块与系统为补充，应用覆盖卫星通讯导航与定位、航空航天与国防科工等领域。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,只保留年报公开高层类别；不展开客户、型号、配方、性能、项目、数量、产能、部署或交付,-25.66,-24.71,-19.59,0.4894,103
688183.SH,生益电子,上交所,CNY,118.78,2026-08-07,43.335,103.362,196.3878,偏贵,1.7409715,0.14916507,2026-08-06,2026,2670145971.75,2,ana-data/result/股票估值/20260806_defense_688183_valuation/生益电子价格合理性评估_20260806.md,泡沫-轻,14.92,-39.52,半导体国产替代、AI算力或先进封装预期,轻度乐观预期,价格高于基准合理区间上沿14.9%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注产品主要包括计算机和服务器板、通信网络设备板、汽车电子板、消费电子板、工控医疗板及其他板。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,航空航天只是多类客户行业之一；不展开客户、板卡、系统、参数、数量、产能或交付,-5.88,10.50,1.08,0.5637,103
688186.SH,广大特材,上交所,CNY,14.66,2026-08-07,28.68,65.964,125.05675,偏低,-0.4888424,-0.77775756,2026-08-06,2026,335184780.42,2,ana-data/result/股票估值/20260806_defense_688186_valuation/广大特材价格合理性评估_20260806.md,未识别估值泡沫,-77.78,-88.28,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,2.09,-29.55,-10.75,0.7736,103
688188.SH,柏楚电子,上交所,CNY,105.25,2026-08-07,64.6425,154.184333,292.950233,基本合理,0.62818579,-0.31737552,2026-08-06,2026,1382535133.784904,12,ana-data/result/股票估值/20260806_defense_688188_valuation/柏楚电子价格合理性评估_20260806.md,未识别估值泡沫,-31.74,-64.07,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,2.91,-36.81,-20.22,0.5547,103
688190.SH,云路股份,上交所,CNY,73.7,2026-08-07,73.44,168.912,320.229,基本合理,0.00354031,-0.56367813,2026-08-06,2026,367200000.0,2,ana-data/result/股票估值/20260806_defense_688190_valuation/云路股份价格合理性评估_20260806.md,未识别估值泡沫,-56.37,-76.99,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-4.82,-19.85,-18.64,0.4423,103
688192.SH,迪哲医药,上交所,CNY,56.0,2026-08-07,1.575,3.88125,7.84875,明显偏贵,34.55555556,13.42834138,2026-08-04,2026,34887438.15,8,ana-data/result/股票估值/20260804_dizal_pharma_valuation/迪哲医药价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,1342.83,613.49,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价；短期动量放大,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿1342.8%，主要在交易盈利修复，并押注核心产品放量、适应症拓展、海外商业化和研发费用。 当前价还高于乐观情景上沿613.5%，说明市场计入了超过现有乐观模型的额外预期。 近20个交易日上涨21.0%，高于60日均线15.6%，短期动量可能放大估值溢价。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,单品依赖、持续亏损和临床审批,21.00,-1.03,15.55,1.1500,103
688195.SH,腾景科技,上交所,CNY,150.14,2026-08-07,13.77,32.844,62.4036,明显偏贵,9.90341322,3.57130678,2026-08-06,2026,131937000.0,3,ana-data/result/股票估值/20260806_defense_688195_valuation/腾景科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,357.13,140.60,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿357.1%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注精密光学和光纤器件面向光通信、光纤激光、量子信息、半导体及航空航天等多类应用。 当前价还高于乐观情景上沿140.6%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,航空航天为多领域应用之一；不因认证或潜在用途将公司整体业务归为航天装备,-7.72,-59.82,-24.12,0.7606,103
688199.SH,久日新材,上交所,CNY,23.51,2026-08-07,3.594134,8.221876,15.621564,明显偏贵,5.5412141,1.85944473,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688199_valuation/久日新材价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,185.94,50.50,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿185.9%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注公开产品包括光引发剂、单体、光刻胶和光敏剂等。 当前价还高于乐观情景上沿50.5%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-21.97,-20.44,-14.43,0.4911,103
688201.SH,ST信安,上交所,CNY,7.29,2026-08-07,1.335684,3.055487,5.805424,明显偏贵,4.45787776,1.38587171,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688201_valuation/ST信安价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,138.59,25.57,信创、网络安全或软件国产化预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿138.6%，主要在提前交易信创、网络安全或软件国产化预期，具体押注公开产品包含数字证书认证系统。 当前价还高于乐观情景上沿25.6%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本102日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,1.53,-19.18,-2.56,0.7576,102
688202.SH,美迪西,上交所,CNY,95.1,2026-08-07,9.52,23.46,47.441333,明显偏贵,8.9894958,3.05370844,2026-08-04,2026,60906323.413289,3,ana-data/result/股票估值/20260804_medicilon_valuation/美迪西价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,305.37,100.46,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价；趋势动量与交易拥挤,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿305.4%，主要在交易盈利修复，并押注订单恢复、实验产能利用率、价格和人员效率。 当前价还高于乐观情景上沿100.5%，说明市场计入了超过现有乐观模型的额外预期。 近60个交易日上涨42.2%，并高于60日均线37.0%，量价趋势可能放大估值溢价。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,行业需求低迷、价格竞争和产能闲置,23.27,42.15,36.99,1.4053,103
688213.SH,思特威,上交所,CNY,93.89,2026-08-07,46.90125,111.868167,212.549517,基本合理,1.00186562,-0.16070852,2026-08-06,2026,1397680787.479301,13,ana-data/result/股票估值/20260806_defense_688213_valuation/思特威价格合理性评估_20260806.md,未识别估值泡沫,-16.07,-55.83,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-11.32,-5.75,-4.43,0.5688,103
688225.SH,亚信安全,上交所,CNY,13.73,2026-08-07,2.295,5.95,11.305,明显偏贵,4.98257081,1.30756303,2026-08-06,2026,68001700.0,1,ana-data/result/股票估值/20260806_defense_688225_valuation/亚信安全价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,130.76,21.45,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿130.8%，主要在交易盈利修复，并押注公开业务体系包括网络安全业务和数智业务两大板块。 当前价还高于乐观情景上沿21.5%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,7.10,-18.27,1.31,1.9164,103
688231.SH,隆达股份,上交所,CNY,29.69,2026-08-07,14.82,34.086,64.621375,基本合理,1.00337382,-0.1289679,2026-08-06,2026,152434285.8025,4,ana-data/result/股票估值/20260806_defense_688231_valuation/隆达股份价格合理性评估_20260806.md,未识别估值泡沫,-12.90,-54.06,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-21.46,-26.87,-22.15,0.7189,103
688233.SH,神工股份,上交所,CNY,116.15,2026-08-07,26.116071,64.071429,123.3375,偏贵,3.44745306,0.8128205,2026-08-04,2026,237211560.857119,7,ana-data/result/股票估值/20260804_thinkon_valuation/神工股份价格合理性评估_20260804.md,泡沫-高,81.28,-5.83,半导体国产替代、AI算力或先进封装预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿81.3%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注产能利用率、产品价格、硅部件放量和良率。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,硅周期、扩产折旧和价格波动,-41.01,21.62,-4.59,0.8545,103
688237.SH,超卓航科,上交所,CNY,61.3,2026-08-07,1.312175,2.701537,5.186951,明显偏贵,45.71632976,21.69078676,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688237_valuation/超卓航科价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,2169.08,1081.81,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价；短期动量放大,价格高于基准合理区间上沿2169.1%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品与服务包括航空航天零部件及耗材的增材制造和航空机载设备维修。 当前价还高于乐观情景上沿1081.8%，说明市场计入了超过现有乐观模型的额外预期。 近20个交易日上涨16.3%，高于60日均线15.5%，短期动量可能放大估值溢价。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本98日）,不展开年报脱密部分，不拼接客户、基地、型号、参数、任务、数量或能力,16.34,10.35,15.46,1.4237,98
688239.SH,航宇科技,上交所,CNY,46.0,2026-08-07,29.625,63.595,122.1024,基本合理,0.55274262,-0.27667269,2026-08-06,2026,301195464.78,10,ana-data/result/股票估值/20260806_defense_688239_valuation/航宇科技价格合理性评估_20260806.md,未识别估值泡沫,-27.67,-62.33,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-12.68,-39.27,-15.70,0.5674,103
688258.SH,卓易信息,上交所,CNY,114.06,2026-08-07,19.6425,46.851,89.0169,明显偏贵,4.80679649,1.43452648,2026-08-06,2026,176261954.835,6,ana-data/result/股票估值/20260806_defense_688258_valuation/卓易信息价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,143.45,28.13,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿143.5%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注主要产品和服务包括服务器、PC和笔记本电脑核心固件，以及集成化开发工具IDE。 当前价还高于乐观情景上沿28.1%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-17.34,-19.60,-6.38,0.8652,103
688262.SH,国芯科技,上交所,CNY,27.42,2026-08-07,0.135,0.322,0.6118,明显偏贵,202.11111111,84.1552795,2026-08-06,2026,3359999.13,2,ana-data/result/股票估值/20260806_defense_688262_valuation/国芯科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,8415.53,4381.86,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿8415.5%，主要在交易盈利修复，并押注提供IP授权、芯片定制服务和自主芯片及模组产品，面向信创安全、汽车电子、工业控制和先进计算。 当前价还高于乐观情景上沿4381.9%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,官方主业跨信创、汽车、工业和先进计算，不能按“自主可控”概念将公司整体军工化,-41.17,-33.85,-22.58,0.5249,103
688268.SH,华特气体,上交所,CNY,155.6,2026-08-07,37.46875,91.923333,176.952417,偏贵,3.15279399,0.69271495,2026-08-04,2026,255151272.603291,6,ana-data/result/股票估值/20260804_huate_gas_valuation/华特气体价格合理性评估_20260804.md,泡沫-高,69.27,-12.07,业务增长、订单兑现和利润率改善预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿69.3%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注特气销量、客户导入、价格和产能利用率。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,可转债转股、气体价格和扩产,-32.11,-9.79,-15.75,0.6671,103
688269.SH,凯立新材,上交所,CNY,31.11,2026-08-07,21.5325,51.359,97.5821,基本合理,0.44479276,-0.39426391,2026-08-06,2026,208472880.0,2,ana-data/result/股票估值/20260806_defense_688269_valuation/凯立新材价格合理性评估_20260806.md,未识别估值泡沫,-39.43,-68.12,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,1.04,-26.03,-7.94,0.8748,103
688270.SH,ST臻镭,上交所,CNY,69.1,2026-08-07,12.16442,26.833279,50.871424,明显偏贵,4.680501,1.57516049,2026-08-04,,,0,ana-data/result/股票估值/20260805_zhenlei_valuation/ST臻镭价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,157.52,35.83,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿157.5%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注型号放量、军品订单交付和产品结构。 当前价还高于乐观情景上沿35.8%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本102日）,ST风险、军品验收和客户集中,-24.93,-55.30,-25.10,0.5779,102
688272.SH,富吉瑞,上交所,CNY,29.19,2026-08-07,5.244166,9.439499,15.732499,明显偏贵,4.56618536,2.09232513,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688272_valuation/富吉瑞价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,209.23,85.54,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿209.2%，主要在交易盈利修复，并押注公开终端产品分为机芯、热像仪和光电系统三类。 当前价还高于乐观情景上沿85.5%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开客户、系统、平台、型号、参数、任务、数量或交付；公司整体收入不等同军用领域分部,-16.65,-37.60,-14.47,0.4836,103
688278.SH,特宝生物,上交所,CNY,55.96,2026-08-07,65.73,161.9775,327.5545,偏低,-0.14863837,-0.65451992,2026-08-04,2026,1277633072.4,14,ana-data/result/股票估值/20260804_tebao_bio_valuation/特宝生物价格合理性评估_20260804.md,未识别估值泡沫,-65.45,-82.92,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,1.97,-5.31,-1.48,0.9111,103
688281.SH,华秦科技,上交所,CNY,47.87,2026-08-07,45.39,104.397,197.919312,基本合理,0.05463759,-0.54146192,2026-08-06,2026,515499289.09375,8,ana-data/result/股票估值/20260806_defense_688281_valuation/华秦科技价格合理性评估_20260806.md,未识别估值泡沫,-54.15,-75.81,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-3.10,-39.47,-12.21,0.5672,103
688282.SH,理工导航,上交所,CNY,56.5,2026-08-07,14.320041,25.776074,42.960124,明显偏贵,2.94551943,1.19195522,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688282_valuation/理工导航价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,119.20,31.52,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿119.2%，主要在交易盈利修复，并押注公开产品与服务包括惯性导航系统及核心部件、组合导航系统、射频微波组件和相关技术服务。 当前价还高于乐观情景上沿31.5%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；不展开报告中的脱敏型号、配套关系、能力参数、数量或交付,-7.74,-44.03,-14.09,0.3527,103
688283.SH,坤恒顺维,上交所,CNY,28.18,2026-08-07,6.6825,15.939,30.2841,偏贵,3.21698466,0.76799046,2026-08-06,2026,60291000.0,2,ana-data/result/股票估值/20260806_defense_688283_valuation/坤恒顺维价格合理性评估_20260806.md,泡沫-高,76.80,-6.95,通信、光通信或卫星互联网成长预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿76.8%，主要在提前交易通信、光通信或卫星互联网成长预期，具体押注提供用于无线电设备性能、功能检测的高端测试仿真仪器仪表及系统解决方案。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,测试仪器面向多领域；不把客户类别、产品能力或公司整体财务转化为具体军事能力结论,-9.71,-39.82,-17.20,0.5695,103
688285.SH,高铁电气,上交所,CNY,7.46,2026-08-07,2.099936,4.803775,9.127172,偏贵,2.55248922,0.55294534,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688285_valuation/高铁电气价格合理性评估_20260806.md,泡沫-高,55.29,-18.27,业务增长、订单兑现和利润率改善预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿55.3%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公司产品包括电气化铁路接触网产品和城市轨道交通供电设备，覆盖定位类、悬吊类、支撑类、电连接类、锚固类及补偿类。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,5.67,-20.47,-2.46,0.9005,103
688290.SH,景业智能,上交所,CNY,69.38,2026-08-07,13.114618,23.606312,39.343853,明显偏贵,4.2902799,1.93904444,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688290_valuation/景业智能价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,193.90,76.34,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价；短期动量放大,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿193.9%，主要在交易盈利修复，并押注公司特种机器人应用于核工业高放射性腐蚀性环境、军工危险作业等特定场合，产品类别包括耐辐照机器人、分析用取样机器人、防爆AGV和智能四足机器人。 当前价还高于乐观情景上沿76.3%，说明市场计入了超过现有乐观模型的额外预期。 近20个交易日上涨11.1%，高于60日均线10.8%，短期动量可能放大估值溢价。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,涉及国家秘密或商业秘密的信息按年报脱密边界停止；不展开客户、产品代号、任务、参数、数量、部署或交付,11.11,4.05,10.78,0.7228,103
688293.SH,奥浦迈,上交所,CNY,63.22,2026-08-07,13.7025,32.683,62.0977,明显偏贵,3.61375661,0.93433895,2026-08-06,2026,131986566.39,7,ana-data/result/股票估值/20260806_defense_688293_valuation/奥浦迈价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,93.43,1.81,创新药、医疗器械或国产替代预期,超出乐观情景的叙事与情绪溢价；趋势动量与交易拥挤,价格高于基准合理区间上沿93.4%，主要在提前交易创新药、医疗器械或国产替代预期，具体押注公开产品和服务包括细胞培养基以及生物药委托开发生产服务。 当前价还高于乐观情景上沿1.8%，说明市场计入了超过现有乐观模型的额外预期。 近60个交易日上涨33.1%，并高于60日均线39.4%，量价趋势可能放大估值溢价。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,46.00,33.09,39.35,1.8727,103
688295.SH,中复神鹰,上交所,CNY,44.71,2026-08-07,3.375,8.05,15.295,明显偏贵,12.24740741,4.55403727,2026-08-06,2026,225000000.0,6,ana-data/result/股票估值/20260806_defense_688295_valuation/中复神鹰价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,455.40,192.32,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿455.4%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注主要产品为高性能碳纤维及相关复合材料。 当前价还高于乐观情景上沿192.3%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,目标赛道为关键材料相邻入口；不按材料潜在用途把公司整体收入军工化,-6.05,-24.92,-7.01,0.6923,103
688297.SH,中无人机,上交所,CNY,40.88,2026-08-07,5.1,11.73,22.238125,明显偏贵,7.01568627,2.48508099,2026-08-04,2026,143437500.0,4,ana-data/result/股票估值/20260805_avic_uav_valuation/中无人机价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,248.51,83.83,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿248.5%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注无人机系统交付、出口订单和产品结构。 当前价还高于乐观情景上沿83.8%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,订单集中、交付节奏和高估值,-2.22,-12.44,-4.35,0.9124,103
688300.SH,联瑞新材,上交所,CNY,151.7,2026-08-07,22.14,52.808,100.3352,明显偏贵,5.85185185,1.87267081,2026-08-06,2026,396009471.6,8,ana-data/result/股票估值/20260806_defense_688300_valuation/联瑞新材价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,187.27,51.19,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿187.3%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公司主要产品为功能性先进粉体材料。 当前价还高于乐观情景上沿51.2%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-22.67,19.25,-10.71,0.9039,103
688303.SH,大全能源,上交所,CNY,18.97,2026-08-07,12.45446,19.571295,28.467338,基本合理,0.52314914,-0.03072331,2026-08-05,2026,64356171.72,6,ana-data/result/股票估值/20260805_dqo_energy_valuation/大全能源价格合理性评估_20260805.md,未识别估值泡沫,-3.07,-33.36,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,17.10,-17.84,1.31,0.9417,103
688305.SH,科德数控,上交所,CNY,57.63,2026-08-07,19.2375,41.2965,79.28928,偏贵,1.9957115,0.39551778,2026-08-06,2026,136362251.628,5,ana-data/result/股票估值/20260806_defense_688305_valuation/科德数控价格合理性评估_20260806.md,泡沫-中,39.55,-27.32,军工、商业航天或低空经济主题溢价,乐观情景提前定价,价格高于基准合理区间上沿39.6%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品包括高档数控系统、高端数控机床及关键功能部件，应用领域包括航空航天、能源核电、汽车、船舶和机械设备等。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,航空航天是多类应用之一；公司整体收入和研发不等同航空航天分部，不展开客户、型号、参数、数量、产能或交付,-12.36,-10.68,-8.47,0.4489,103
688311.SH,盟升电子,上交所,CNY,24.48,2026-08-07,7.21875,15.49625,29.7528,偏贵,2.39116883,0.57973703,2026-08-06,2026,64649379.41,2,ana-data/result/股票估值/20260806_defense_688311_valuation/盟升电子价格合理性评估_20260806.md,泡沫-高,57.97,-17.72,盈利修复或扭亏预期提前定价,乐观情景被大幅提前资本化,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿58.0%，主要在交易盈利修复，并押注公开产品类别包括卫星导航终端及组件、卫星通信产品和相关电子系统。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；军民多领域合并口径，不识别客户、型号、订单或交付,-19.84,-30.94,-9.66,0.7638,103
688313.SH,仕佳光子,上交所,CNY,127.7,2026-08-07,22.030875,52.547717,99.840662,明显偏贵,4.79641072,1.43017218,2026-08-06,2026,737604021.768817,12,ana-data/result/股票估值/20260806_defense_688313_valuation/仕佳光子价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,143.02,27.90,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿143.0%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注主营产品包括PLC、AWG、OSW、VOA无源芯片，AWG、MT-FA、FAU无源光组件，FP、DFB、EML有源激光器芯片，室内软光缆以及MPO、MMC高速连接跳线。 当前价还高于乐观情景上沿27.9%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-17.38,-28.92,-15.56,0.9394,103
688316.SH,青云科技,上交所,CNY,54.29,2026-08-07,1.10946,1.997029,3.328381,明显偏贵,47.9337155,26.18538389,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688316_valuation/青云科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,2618.54,1531.12,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿2618.5%，主要在交易盈利修复，并押注公开产品包括KubeSphere容器平台、Coreshub基石智算平台和NeonSAN块存储。 当前价还高于乐观情景上沿1531.1%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,3.10,-31.55,-4.67,1.6491,103
688322.SH,奥比中光,上交所,CNY,111.88,2026-08-07,22.637143,52.065429,103.2631,明显偏贵,3.9423198,1.14883469,2026-08-04,2026,311513293.488966,7,ana-data/result/股票估值/20260805_orbbec_valuation/奥比中光价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,114.88,8.34,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿114.9%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注机器人与消费电子客户放量、产品结构和规模效应。 当前价还高于乐观情景上沿8.3%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,持续盈利能力、客户导入和高估值,-6.59,27.64,-1.47,0.6686,103
688323.SH,瑞华泰,上交所,CNY,28.75,2026-08-07,4.660527,8.388949,13.981581,明显偏贵,5.16883026,2.42712776,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688323_valuation/瑞华泰价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,242.71,105.63,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿242.7%，主要在交易盈利修复，并押注航天航空用MAM产品依托复合薄膜技术，主要应用于运载火箭。 当前价还高于乐观情景上沿105.6%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开具体平台、部位、参数、项目、客户、产能或交付；公司整体财务不等同航天材料分部,-24.40,-8.21,-23.68,0.5730,103
688327.SH,云从科技,上交所,CNY,11.23,2026-08-07,0.724571,1.304228,2.173714,明显偏贵,14.4988262,7.61045768,2026-08-05,2026,-276946272.000346,3,ana-data/result/股票估值/20260805_cloudwalk_valuation/云从科技价格合理性评估_20260805.md,泡沫-极端（超过乐观上沿）,761.05,416.63,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿761.0%，主要在交易盈利修复，并押注大模型项目订单、交付回款、毛利率和费用控制。 当前价还高于乐观情景上沿416.6%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,持续亏损、现金消耗、应收回款和商业化不确定性,-3.69,-20.58,-10.78,0.5903,103
688333.SH,铂力特,上交所,CNY,110.34,2026-08-07,26.0,59.8,113.370833,偏贵,3.24384615,0.8451505,2026-08-06,2026,297182355.166575,4,ana-data/result/股票估值/20260806_defense_688333_valuation/铂力特价格合理性评估_20260806.md,泡沫-高,84.52,-2.67,军工、商业航天或低空经济主题溢价,乐观情景被大幅提前资本化；趋势动量与交易拥挤,价格高于基准合理区间上沿84.5%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品与服务包括金属3D打印设备、定制化零部件、金属粉末、结构优化设计和专用软件。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 近60个交易日上涨16.1%，并高于60日均线16.3%，量价趋势可能放大估值溢价。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,增材制造服务多行业、多客户；不得由材料或零件用途反推平台、客户、能力或供应关系,2.16,16.12,16.33,0.8901,103
688334.SH,西高院,上交所,CNY,18.27,2026-08-07,11.88,30.8,58.52,基本合理,0.53787879,-0.40681818,2026-08-06,2026,278589930.08,1,ana-data/result/股票估值/20260806_defense_688334_valuation/西高院价格合理性评估_20260806.md,未识别估值泡沫,-40.68,-68.78,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,2.41,-15.96,-2.15,0.5961,103
688336.SH,三生国健,上交所,CNY,46.95,2026-08-07,74.922058,155.825289,315.113363,偏低,-0.37334877,-0.69870102,2026-08-04,2026,900855927.050132,6,ana-data/result/股票估值/20260804_sunshine_guojian_valuation/三生国健价格合理性评估_20260804.md,未识别估值泡沫,-69.87,-85.10,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-8.09,-32.50,-10.55,0.7061,103
688337.SH,普源精电,上交所,CNY,44.33,2026-08-07,9.495,22.647333,43.029933,明显偏贵,3.66877304,0.95740487,2026-08-06,2026,136358339.956602,6,ana-data/result/股票估值/20260806_defense_688337_valuation/普源精电价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,95.74,3.02,通信、光通信或卫星互联网成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿95.7%，主要在提前交易通信、光通信或卫星互联网成长预期，具体押注公开产品包括数字示波器、微波射频仪器、直流精密仪器和模块化仪器。 当前价还高于乐观情景上沿3.0%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,目标赛道为通用测试仪器相邻入口；不把多领域仪器能力和公司整体收入解释为军工测试能力,-20.23,-24.98,-24.81,0.4282,103
688338.SH,赛科希德,上交所,CNY,28.71,2026-08-07,11.745,30.45,57.855,基本合理,1.44444444,-0.05714286,2026-08-06,2026,92343888.0,1,ana-data/result/股票估值/20260806_defense_688338_valuation/赛科希德价格合理性评估_20260806.md,未识别估值泡沫,-5.71,-50.38,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,4.78,0.91,6.24,0.7643,103
688343.SH,云天励飞,上交所,CNY,61.55,2026-08-07,10.344554,18.620197,31.033662,明显偏贵,4.94999069,2.30555042,2026-08-06,2026,-492656630.6,1,ana-data/result/股票估值/20260806_defense_688343_valuation/云天励飞价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,230.56,98.33,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿230.6%，主要在交易盈利修复，并押注公开产品覆盖AI推理芯片、模组、边缘设备、服务器、算力服务及行业智能化方案。 当前价还高于乐观情景上沿98.3%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不把通用AI、智慧城市或行业方案解释为军工与无人装备；不展开客户、系统架构、参数或部署,-30.75,-29.09,-14.91,0.5887,103
688347.SH,华虹宏力,上交所,CNY,268.29,2026-08-07,13.467857,30.976071,57.822,明显偏贵,18.92076393,7.66120174,2026-08-04,2026,1040153374.910684,7,ana-data/result/股票估值/20260804_huahong_grace_valuation/华虹宏力价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,766.12,363.99,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿766.1%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注晶圆出货、产能利用率、平均售价和汇率。 当前价还高于乐观情景上沿364.0%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,重资产周期、折旧、价格与红筹股本口径,-33.01,67.03,-0.15,0.7694,103
688350.SH,富淼科技,上交所,CNY,30.25,2026-08-07,2.926588,6.694809,12.720137,明显偏贵,9.33626872,3.51842614,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688350_valuation/富淼科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,351.84,137.81,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿351.8%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公司提供化学品药剂、膜产品、运营维护和工程设计建设一站式解决方案。 当前价还高于乐观情景上沿137.8%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,3.63,-17.15,-6.01,0.6591,103
688352.SH,颀中科技,上交所,CNY,17.38,2026-08-07,3.375,8.75,16.625,明显偏贵,4.14962963,0.98628571,2026-08-06,2026,297259322.0,1,ana-data/result/股票估值/20260806_defense_688352_valuation/颀中科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,98.63,4.54,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿98.6%，主要在交易盈利修复，并押注相关技术适用于显示驱动、电源管理和射频前端芯片。 当前价还高于乐观情景上沿4.5%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-26.01,20.36,-3.09,0.5796,103
688357.SH,建龙微纳,上交所,CNY,26.79,2026-08-07,15.3225,39.725,75.4775,基本合理,0.7484092,-0.32561359,2026-08-06,2026,113567958.125,1,ana-data/result/股票估值/20260806_defense_688357_valuation/建龙微纳价格合理性评估_20260806.md,未识别估值泡沫,-32.56,-64.51,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,6.52,-23.24,-5.01,0.6449,103
688361.SH,中科飞测,上交所,CNY,351.0,2026-08-07,27.726562,66.807813,127.542187,明显偏贵,11.65934089,4.25387652,2026-08-04,2026,371854577.49375,8,ana-data/result/股票估值/20260804_skyverse_valuation/中科飞测价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,425.39,175.20,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价；趋势动量与交易拥挤,价格高于基准合理区间上沿425.4%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注检测设备装机、客户验证转量产和国产替代。 当前价还高于乐观情景上沿175.2%，说明市场计入了超过现有乐观模型的额外预期。 近60个交易日上涨70.4%，并高于60日均线17.9%，量价趋势可能放大估值溢价。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,尚未稳定盈利、研发投入和订单兑现,-21.39,70.43,17.93,1.0444,103
688362.SH,甬矽电子,上交所,CNY,68.96,2026-08-07,6.44625,15.3755,29.21345,明显偏贵,9.69769246,3.4850574,2026-08-06,2026,196005646.825,4,ana-data/result/股票估值/20260806_defense_688362_valuation/甬矽电子价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,348.51,136.06,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿348.5%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品覆盖FC、SiP、Bumping/WLP、QFN/DFN及MEMS五类封装。 当前价还高于乐观情景上沿136.1%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-39.93,37.45,-3.62,0.7293,103
688368.SH,晶丰明源,上交所,CNY,125.87,2026-08-07,25.164,60.0208,114.03952,明显偏贵,4.00198697,1.09710634,2026-08-06,2026,164964896.584,5,ana-data/result/股票估值/20260806_defense_688368_valuation/晶丰明源价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,109.71,10.37,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿109.7%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注公开产品线包括LED照明驱动、AC/DC电源、高性能计算电源和电机控制驱动芯片。 当前价还高于乐观情景上沿10.4%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-36.75,-23.83,-25.81,0.6816,103
688371.SH,菲沃泰,上交所,CNY,28.58,2026-08-07,3.5625,9.5,18.2875,明显偏贵,7.02245614,2.00842105,2026-08-04,2026,63739747.64,1,ana-data/result/股票估值/20260804_favored_valuation/菲沃泰价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,200.84,56.28,消费电子新品、AI终端或景气复苏预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿200.8%，主要在提前交易消费电子新品、AI终端或景气复苏预期，具体押注消费电子客户出货、应用拓展和产品良率。 当前价还高于乐观情景上沿56.3%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,当前亏损、客户集中和需求波动,-31.97,-22.53,-17.97,0.4634,103
688372.SH,伟测科技,上交所,CNY,125.48,2026-08-07,35.262,84.1064,159.80216,偏贵,2.55850491,0.49191976,2026-08-06,2026,389328637.916,5,ana-data/result/股票估值/20260806_defense_688372_valuation/伟测科技价格合理性评估_20260806.md,泡沫-中,49.19,-21.48,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿49.2%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注公开服务包括晶圆测试、芯片成品测试、测试方案开发、系统级测试和老化测试。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工检测独立业务；不反向识别客户、被测对象、系统、任务、参数或结果,-33.57,-25.87,-17.41,0.6512,103
688375.SH,国博电子,上交所,CNY,81.1,2026-08-07,25.245,58.0635,110.078719,偏贵,2.21251733,0.39674667,2026-08-06,2026,626933172.9375,16,ana-data/result/股票估值/20260806_defense_688375_valuation/国博电子价格合理性评估_20260806.md,泡沫-中,39.67,-26.33,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿39.7%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注公开产品包括射频芯片、模块、组件、有源 T/R 组件、射频放大与控制器件。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户类型横跨军民领域；不从产品用途反推平台供应关系,-22.03,-34.96,-12.54,0.5516,103
688380.SH,中微半导,上交所,CNY,40.3,2026-08-07,12.015,31.15,59.185,偏贵,2.35414066,0.29373997,2026-08-06,2026,356324850.0,1,ana-data/result/股票估值/20260806_defense_688380_valuation/中微半导价格合理性评估_20260806.md,泡沫-中,29.37,-31.91,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿29.4%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注主要产品包括MCU、ASIC、SoC芯片、功率器件和底层核心算法。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-35.89,-23.65,-16.49,0.5769,103
688385.SH,复旦微电,上交所,CNY,54.47,2026-08-07,16.2405,38.7366,73.59954,偏贵,2.35396078,0.40616368,2026-08-06,2026,990927039.75,5,ana-data/result/股票估值/20260806_defense_688385_valuation/复旦微电价格合理性评估_20260806.md,泡沫-中,40.62,-25.99,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿40.6%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注公开产品线包括FPGA、安全与识别芯片、非挥发存储器、智能电表芯片和集成电路测试服务。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,只保留公开芯片与测试业务类别；不反向识别客户、供应链、应用平台、性能或军事用途,-24.71,-26.70,-9.71,0.5218,103
688386.SH,泛亚微透,上交所,CNY,54.7,2026-08-07,25.083,59.8276,113.67244,基本合理,1.18075988,-0.08570626,2026-08-06,2026,169078000.0,5,ana-data/result/股票估值/20260806_defense_688386_valuation/泛亚微透价格合理性评估_20260806.md,未识别估值泡沫,-8.57,-51.88,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-30.90,-34.70,-28.65,0.4906,103
688387.SH,信科移动,上交所,CNY,14.73,2026-08-07,0.045,0.107333,0.203933,明显偏贵,326.33333333,136.23645104,2026-08-06,2026,11395833.332194,3,ana-data/result/股票估值/20260806_defense_688387_valuation/信科移动价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,13623.65,7122.96,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿13623.6%，主要在交易盈利修复，并押注以空天地一体化移动通信网络设备和技术服务为载体，提供移动通信系统解决方案。 当前价还高于乐观情景上沿7123.0%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,目标赛道为卫星互联网相邻通信技术；不把移动通信整体业务航天军工化,-28.56,-33.53,-11.42,0.6195,103
688392.SH,骄成超声,上交所,CNY,149.47,2026-08-07,56.21,135.439333,258.566,偏贵,1.65913539,0.10359374,2026-08-04,2026,247823701.546628,12,ana-data/result/股票估值/20260805_sonic_technology_refresh_valuation/骄成超声价格合理性评估_20260804.md,泡沫-轻,10.36,-42.19,半导体国产替代、AI算力或先进封装预期,轻度乐观预期,价格高于基准合理区间上沿10.4%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注设备交付、客户验收和半导体新产品放量。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户集中、验收节奏和高估值,-38.18,-10.26,-11.85,0.7212,103
688401.SH,路维光电,上交所,CNY,70.38,2026-08-07,39.144,90.0312,180.0624,基本合理,0.7979767,-0.218271,2026-08-05,2026,360401516.392,5,ana-data/result/股票估值/20260805_freewon_valuation/路维光电价格合理性评估_20260805.md,未识别估值泡沫,-21.83,-60.91,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-26.68,3.73,-7.54,0.5404,103
688409.SH,富创精密,上交所,CNY,195.51,2026-08-07,24.6375,60.444,116.3547,明显偏贵,6.93546423,2.23456422,2026-08-04,2026,402360953.094,6,ana-data/result/股票估值/20260804_futronics_valuation/富创精密价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,223.46,68.03,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿223.5%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注客户扩产、零部件销量、产能利用率和良率。 当前价还高于乐观情景上沿68.0%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户集中、扩产折旧和估值溢价,-31.80,46.37,-0.37,0.9594,103
688416.SH,恒烁股份,上交所,CNY,74.04,2026-08-07,16.030188,28.854339,48.090565,明显偏贵,3.61878551,1.56599189,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688416_valuation/恒烁股份价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,156.60,53.96,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿156.6%，主要在交易盈利修复，并押注公开产品包括NOR Flash存储芯片和通用32位MCU芯片。 当前价还高于乐观情景上沿54.0%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-41.24,-41.52,-31.38,0.6519,103
688418.SH,震有科技,上交所,CNY,37.74,2026-08-07,9.46875,20.32625,39.0264,偏贵,2.98574257,0.85671238,2026-08-06,2026,97240090.17,2,ana-data/result/股票估值/20260806_defense_688418_valuation/震有科技价格合理性评估_20260806.md,泡沫-高,85.67,-3.30,盈利修复或扭亏预期提前定价,乐观情景被大幅提前资本化,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿85.7%，主要在交易盈利修复，并押注公开产品包括核心网、光网络及接入、数智网络和智慧应急等基础通信产品。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,目标赛道为卫星互联网相邻入口；不把综合通信业务整体航天军工化,-19.55,-28.47,-13.06,0.5900,103
688419.SH,耐科装备,上交所,CNY,49.67,2026-08-07,15.985556,36.941412,70.524514,偏贵,2.10718001,0.34456149,2026-08-04,,,0,ana-data/result/股票估值/20260804_naike_equipment_valuation/耐科装备价格合理性评估_20260804.md,泡沫-中,34.46,-29.57,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿34.5%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注设备交付验收、订单转化和产品毛利率。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,小客户集中、验收节奏和订单波动,-33.95,5.23,-9.82,0.6452,103
688439.SH,振华风光,上交所,CNY,39.82,2026-08-07,15.955883,37.8,71.6625,偏贵,1.49563124,0.05343915,2026-08-06,2026,126000000.0,1,ana-data/result/股票估值/20260806_defense_688439_valuation/振华风光价格合理性评估_20260806.md,泡沫-轻,5.34,-44.43,半导体国产替代、AI算力或先进封装预期,轻度乐观预期,价格高于基准合理区间上沿5.3%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注公开产品包括放大器、专用转换器、接口驱动、电源管理器、RISC-V架构MCU和射频微波芯片。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,年报对涉密信息采用代称、打包或汇总；不拼接客户、型号、参数、数量或能力,-14.88,-23.50,-11.86,0.4959,103
688456.SH,有研粉材,上交所,CNY,85.9,2026-08-07,20.79,49.588,94.2172,偏贵,3.13179413,0.73227394,2026-08-06,2026,159636400.0,2,ana-data/result/股票估值/20260806_defense_688456_valuation/有研粉材价格合理性评估_20260806.md,泡沫-高,73.23,-8.83,军工、商业航天或低空经济主题溢价,乐观情景被大幅提前资本化,价格高于基准合理区间上沿73.2%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品服务粉末冶金、微电子封装、热管理和3D打印等领域，终端应用覆盖汽车、高铁、航空航天和国防军工等多类场景。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,航空航天和国防军工是多类终端应用之一；整体收入和研发不等同军工材料分部,-23.58,-0.42,-15.74,0.7589,103
688458.SH,美芯晟,上交所,CNY,34.56,2026-08-07,5.4675,13.041,24.7779,明显偏贵,5.32098765,1.65010352,2026-08-06,2026,45172334.745,2,ana-data/result/股票估值/20260806_defense_688458_valuation/美芯晟价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,165.01,39.48,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿165.0%，主要在交易盈利修复，并押注公开产品包括智能传感器、充电管理芯片和模拟电源芯片。 当前价还高于乐观情景上沿39.5%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-13.36,-12.77,-10.44,0.3741,103
688486.SH,龙迅股份,上交所,CNY,46.5,2026-08-07,29.565,70.518,133.9842,基本合理,0.57280568,-0.34059389,2026-08-06,2026,291987623.58,3,ana-data/result/股票估值/20260806_defense_688486_valuation/龙迅股份价格合理性评估_20260806.md,未识别估值泡沫,-34.06,-65.29,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-24.17,-44.04,-24.61,0.5512,103
688498.SH,源杰科技,上交所,CNY,1355.5,2026-08-07,207.28125,476.746875,964.088125,明显偏贵,5.53942409,1.84322787,2026-08-05,2026,791793425.775,13,ana-data/result/股票估值/20260805_yuanjie_valuation/源杰科技价格合理性评估_20260805.md,泡沫-极端（超过乐观上沿）,184.32,40.60,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿184.3%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注高速光模块需求、客户认证、良率和新产品放量。 当前价还高于乐观情景上沿40.6%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户验证、技术迭代、盈利波动和高估值,-22.37,15.12,-5.44,0.9992,103
688502.SH,茂莱光学,上交所,CNY,397.5,2026-08-07,48.68625,111.978375,222.090444,明显偏贵,7.16452284,2.54979254,2026-08-04,2026,85689013.9105,8,ana-data/result/股票估值/20260805_magnity_optics_valuation/茂莱光学价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,254.98,78.98,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿255.0%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注半导体、生命科学和AR/VR客户放量及良率。 当前价还高于乐观情景上沿79.0%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户集中、扩产消化和高估值,-33.77,-31.58,-18.33,0.5929,103
688506.SH,百利天恒,上交所,CNY,307.07,2026-08-07,13.669353,24.604835,41.008058,明显偏贵,21.46412102,11.48006743,2026-08-04,2026,-1023927066.16,9,ana-data/result/股票估值/20260804_baili_tianheng_valuation/百利天恒价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,1148.01,648.80,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价；趋势动量与交易拥挤,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿1148.0%，主要在交易盈利修复，并押注授权里程碑、临床管线、商业化进度和现金消耗。 当前价还高于乐观情景上沿648.8%，说明市场计入了超过现有乐观模型的额外预期。 近60个交易日上涨16.1%，并高于60日均线12.7%，量价趋势可能放大估值溢价。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,授权收入波动、临床失败和高估值,0.17,16.05,12.74,0.8821,103
688507.SH,索辰科技,上交所,CNY,177.84,2026-08-07,37.253614,55.880421,77.611696,明显偏贵,3.77376504,2.18251002,2026-08-05,2026,76455336.672,5,ana-data/result/股票估值/20260805_suren_tech_valuation/索辰科技价格合理性评估_20260805.md,泡沫-极端（超过乐观上沿）,218.25,129.14,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿218.3%，主要在交易盈利修复，并押注国产CAE渗透、订单增长、续费和研发效率。 当前价还高于乐观情景上沿129.1%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,持续亏损、回款周期和商业化规模,-15.59,87.48,-8.57,0.8676,103
688509.SH,正元地信,上交所,CNY,4.16,2026-08-07,1.431785,2.577213,4.295356,偏贵,1.90546416,0.61414675,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688509_valuation/正元地信价格合理性评估_20260806.md,泡沫-高,61.41,-3.15,盈利修复或扭亏预期提前定价,乐观情景被大幅提前资本化,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿61.4%，主要在交易盈利修复，并押注公开产品与服务包括测绘地理信息、地下管网安全运维保障和智慧城市建设运营。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,目标赛道为民用地理时空相邻入口；不进行军事任务或空间对象反向识别,6.67,-17.95,-6.07,0.4551,103
688510.SH,航亚科技,上交所,CNY,22.1,2026-08-07,12.964286,27.83,53.4336,基本合理,0.70468316,-0.20589292,2026-08-06,2026,179441346.102968,7,ana-data/result/股票估值/20260806_defense_688510_valuation/航亚科技价格合理性评估_20260806.md,未识别估值泡沫,-20.59,-58.64,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-7.92,-39.42,-11.64,0.8746,103
688511.SH,天微电子,上交所,CNY,23.07,2026-08-07,1.659501,3.660665,6.94001,明显偏贵,12.90176927,5.30213363,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688511_valuation/天微电子价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,530.21,232.42,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿530.2%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开主要产品类别为军用灭火抑爆系统，本批不展开技术细节、性能指标、车型或配置。 当前价还高于乐观情景上沿232.4%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本102日）,不展开客户、车辆、系统、型号、机理、参数、数量、产能或交付；审价信息只保留风险性质,-16.35,-1.03,-9.83,0.3749,102
688515.SH,裕太微,上交所,CNY,155.87,2026-08-07,18.335703,33.004265,55.007108,明显偏贵,7.50090122,3.72272296,2026-08-06,2026,-47200000.0,2,ana-data/result/股票估值/20260806_defense_688515_valuation/裕太微价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,372.27,183.36,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿372.3%，主要在交易盈利修复，并押注公开产品以以太网物理层芯片为市场切入点。 当前价还高于乐观情景上沿183.4%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-29.82,-27.77,-20.76,0.6117,103
688521.SH,芯原股份,上交所,CNY,230.5,2026-08-07,8.1396,18.72108,37.44216,明显偏贵,27.31834488,11.31232386,2026-08-04,2026,203844759.8148,14,ana-data/result/股票估值/20260804_verisilicon_valuation/芯原股份价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,1131.23,515.62,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿1131.2%，主要在交易盈利修复，并押注IP授权与版税、芯片设计订单、研发效率和客户需求。 当前价还高于乐观情景上沿515.6%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,持续盈利能力、客户项目周期和高研发投入,-29.85,-16.94,-11.09,0.6422,103
688522.SH,纳睿雷达,上交所,CNY,19.58,2026-08-07,8.775,22.75,43.225,基本合理,1.23133903,-0.13934066,2026-08-06,2026,196947143.9,1,ana-data/result/股票估值/20260806_defense_688522_valuation/纳睿雷达价格合理性评估_20260806.md,未识别估值泡沫,-13.93,-54.70,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-6.49,-44.15,-11.81,0.6051,103
688523.SH,航天环宇,上交所,CNY,48.3,2026-08-07,3.0,6.44,12.3648,明显偏贵,15.1,6.5,2026-08-06,2026,65100800.0,2,ana-data/result/股票估值/20260806_defense_688523_valuation/航天环宇价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,650.00,290.62,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿650.0%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品与服务覆盖星载结构及相关宇航产品、卫星通信测控测试设备、复合材料零部件与航天工艺装备。 当前价还高于乐观情景上沿290.6%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,多产品、多客户类型合并口径；不从公开产品类别推断具体型号、客户、能力或交付,-5.26,-42.94,-10.06,0.6445,103
688525.SH,佰维存储,上交所,CNY,244.88,2026-08-07,353.3775,812.76825,1625.5365,偏低,-0.30703002,-0.6987087,2026-08-05,2026,7860658850.025001,8,ana-data/result/股票估值/20260805_biwin_storage_sh_valuation/佰维存储价格合理性评估_20260805.md,未识别估值泡沫,-69.87,-84.94,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-41.54,-25.45,-25.69,0.6427,103
688535.SH,华海诚科,上交所,CNY,103.6,2026-08-07,21.0,56.0,107.8,偏贵,3.93333333,0.85,2026-08-04,2026,160466936.0,1,ana-data/result/股票估值/20260804_sinoresin_valuation/华海诚科价格合理性评估_20260804.md,泡沫-高,85.00,-3.90,半导体国产替代、AI算力或先进封装预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿85.0%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注先进封装材料放量、客户认证和产品结构。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,定向可转债转股摊薄和客户验证,-42.19,-11.86,-20.26,0.5516,103
688536.SH,思瑞浦,上交所,CNY,251.75,2026-08-07,36.276429,86.526,164.3994,明显偏贵,5.93976797,1.90953008,2026-08-06,2026,370552536.655734,14,ana-data/result/股票估值/20260806_defense_688536_valuation/思瑞浦价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,190.95,53.13,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿191.0%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开产品涵盖信号链、电源管理和数模混合等品类。 当前价还高于乐观情景上沿53.1%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-23.41,-16.64,-14.98,0.5271,103
688543.SH,国科军工,上交所,CNY,38.37,2026-08-07,35.97,82.731,156.844188,基本合理,0.06672227,-0.53620771,2026-08-04,2026,375602386.45875,8,ana-data/result/股票估值/20260805_guoke_military_refresh_valuation/国科军工价格合理性评估_20260804.md,未识别估值泡沫,-53.62,-75.54,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,0.18,-25.86,-5.07,0.9677,103
688550.SH,瑞联新材,上交所,CNY,39.39,2026-08-07,29.727,70.9044,134.71836,基本合理,0.32505803,-0.44446325,2026-08-06,2026,382805452.476,5,ana-data/result/股票估值/20260806_defense_688550_valuation/瑞联新材价格合理性评估_20260806.md,未识别估值泡沫,-44.45,-70.76,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-26.24,-14.37,-15.27,0.4346,103
688552.SH,航天南湖,上交所,CNY,26.43,2026-08-07,4.662857,10.724571,20.332,明显偏贵,4.6681987,1.46443424,2026-08-06,2026,65522468.571525,7,ana-data/result/股票估值/20260806_defense_688552_valuation/航天南湖价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,146.44,29.99,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿146.4%，主要在交易盈利修复，并押注公开产品类别为防空预警雷达产品及相关电子信息服务。 当前价还高于乐观情景上沿30.0%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开具体客户、型号、系统、参数、任务、能力、部署、数量或交付,-2.65,-33.48,-7.97,0.6069,103
688561.SH,奇安信,上交所,CNY,26.96,2026-08-07,10.349373,18.628871,31.048119,偏贵,1.60498873,0.44721599,2026-08-06,2026,-664059318.999773,3,ana-data/result/股票估值/20260806_defense_688561_valuation/奇安信价格合理性评估_20260806.md,泡沫-中,44.72,-13.17,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿44.7%，主要在交易盈利修复，并押注网络安全产品分为终端安全、边界安全、云与大数据安全、安全运营四大类，并提供咨询规划、实战攻防、集成实施、运行保障和应急响应等安全服务。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工无人系统独立分部；不反向识别客户、系统、数据、任务、部署、参数、漏洞或结果,6.56,-12.27,3.71,1.4246,103
688562.SH,航天软件,上交所,CNY,14.5,2026-08-07,4.167371,7.501268,12.502114,明显偏贵,2.47941184,0.93300653,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688562_valuation/航天软件价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,93.30,15.98,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿93.3%，主要在交易盈利修复，并押注公开产品与服务包括基础软件、工业软件、智能软件、审计信息化、商密网云、信息化运维及信息系统集成。 当前价还高于乐观情景上沿16.0%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不展开客户、内部网络、系统、任务或部署；关联销售和公司整体收入不等同军工分部收入,0.35,-25.14,-7.44,0.7795,103
688563.SH,航材股份,上交所,CNY,51.71,2026-08-07,31.570909,72.613091,137.662318,基本合理,0.63790026,-0.28786946,2026-08-06,2026,591954545.45475,11,ana-data/result/股票估值/20260806_defense_688563_valuation/航材股份价格合理性评估_20260806.md,未识别估值泡沫,-28.79,-62.44,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,4.04,-15.84,0.21,0.7662,103
688568.SH,中科星图,上交所,CNY,37.01,2026-08-07,12.72,29.256,55.4645,偏贵,1.90959119,0.26503965,2026-08-06,2026,428281823.36,2,ana-data/result/股票估值/20260806_defense_688568_valuation/中科星图价格合理性评估_20260806.md,泡沫-中,26.50,-33.27,盈利修复或扭亏预期提前定价,乐观情景提前定价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿26.5%，主要在交易盈利修复，并押注公开产品与服务只保留数字地球、空天信息服务、商业航天和低空经济平台等高层级类别，不展开特种领域能力或对象。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,智能地球、商业航天、低空经济及特种领域业务并存；不拼接数据对象、能力、部署或客户,-3.32,-40.80,-12.60,0.8447,103
688569.SH,铁科轨道,上交所,CNY,17.22,2026-08-07,14.85,38.5,73.15,基本合理,0.15959596,-0.55272727,2026-08-06,2026,231733370.0,1,ana-data/result/股票估值/20260806_defense_688569_valuation/铁科轨道价格合理性评估_20260806.md,未识别估值泡沫,-55.27,-76.46,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,4.36,-16.81,-2.38,1.1954,103
688579.SH,地纬智能,上交所,CNY,8.0,2026-08-07,0.849674,1.943699,3.693029,明显偏贵,8.41537578,3.11586362,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688579_valuation/地纬智能价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,311.59,116.62,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿311.6%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开研发平台包括大模型应用支撑、大纬链、数据要素流通、数据智能及低代码开发平台。 当前价还高于乐观情景上沿116.6%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,4.71,-21.65,-4.20,1.0840,103
688582.SH,芯动联科,上交所,CNY,42.53,2026-08-07,24.693333,56.794667,107.673222,基本合理,0.72232724,-0.25116209,2026-08-06,2026,413344850.951156,9,ana-data/result/股票估值/20260806_defense_688582_valuation/芯动联科价格合理性评估_20260806.md,未识别估值泡沫,-25.12,-60.50,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-26.18,-22.86,-15.34,0.5130,103
688585.SH,上纬新材,上交所,CNY,169.4,2026-08-07,3.224316,5.80377,9.672949,明显偏贵,51.53827478,28.1879244,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688585_valuation/上纬新材价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,2818.79,1651.28,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿2818.8%，主要在交易盈利修复，并押注公开产品包括乙烯基酯树脂、特种不饱和聚酯树脂和风电叶片用灌注树脂等。 当前价还高于乐观情景上沿1651.3%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,16.10,26.98,7.93,0.9923,103
688586.SH,江航装备,上交所,CNY,10.68,2026-08-07,1.5,3.22,6.1824,明显偏贵,6.12,2.31677019,2026-08-06,2026,63307132.48,3,ana-data/result/股票估值/20260806_defense_688586_valuation/江航装备价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,231.68,72.75,军工、商业航天或低空经济主题溢价,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿231.7%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品类别包括航空氧气系统、机载油箱惰性化防护系统、飞机副油箱和特种制冷设备。 当前价还高于乐观情景上沿72.7%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,公开报告已对涉密信息脱密处理；不拼接客户、型号、订单、技术参数或产能,-2.02,-26.50,-9.56,0.6056,103
688591.SH,泰凌微,上交所,CNY,28.34,2026-08-07,14.445,37.45,71.155,基本合理,0.96192454,-0.24325768,2026-08-06,2026,257595583.52,1,ana-data/result/股票估值/20260806_defense_688591_valuation/泰凌微价格合理性评估_20260806.md,未识别估值泡沫,-24.33,-60.17,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-19.83,-22.88,-12.58,0.4850,103
688592.SH,司南导航,上交所,CNY,24.42,2026-08-07,11.816083,21.26895,35.44825,偏贵,1.06667472,0.14815259,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688592_valuation/司南导航价格合理性评估_20260806.md,泡沫-轻,14.82,-31.11,军工、商业航天或低空经济主题溢价,轻度乐观预期,价格高于基准合理区间上沿14.8%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品包括高精度GNSS芯片、模块、板卡、终端及相关数据服务。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,不拼接精度参数、数据对象、部署、客户或任务；公司整体收入为多行业口径,-7.71,-46.95,-27.01,0.5708,103
688595.SH,芯海科技,上交所,CNY,28.68,2026-08-07,4.946064,8.902915,14.838192,明显偏贵,4.79855012,2.22141681,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688595_valuation/芯海科技价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,222.14,93.29,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿222.1%，主要在交易盈利修复，并押注公司提供芯片、算法、应用方案和AIoT等一站式解决方案。 当前价还高于乐观情景上沿93.3%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-33.84,-24.98,-19.02,0.3679,103
688596.SH,正帆科技,上交所,CNY,65.98,2026-08-07,16.40625,40.25,77.48125,偏贵,3.0216381,0.63925466,2026-08-04,2026,254449369.125,2,ana-data/result/股票估值/20260804_gentech_valuation/正帆科技价格合理性评估_20260804.md,泡沫-高,63.93,-14.84,业务增长、订单兑现和利润率改善预期,乐观情景被大幅提前资本化；趋势动量与交易拥挤,价格高于基准合理区间上沿63.9%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注工程项目交付、气体材料销量和产能利用率。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 近60个交易日上涨71.6%，并高于60日均线25.5%，量价趋势可能放大估值溢价。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,项目现金流、可转债和股本持续变化,-17.86,71.55,25.46,1.3595,103
688598.SH,金博股份,上交所,CNY,30.35,2026-08-07,18.593375,33.468075,55.780126,基本合理,0.63230183,-0.09316565,2026-08-06,2026,-73688456.18,2,ana-data/result/股票估值/20260806_defense_688598_valuation/金博股份价格合理性评估_20260806.md,未识别估值泡沫,-9.32,-45.59,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-33.30,-1.46,-18.50,0.5431,103
688600.SH,皖仪科技,上交所,CNY,28.71,2026-08-07,18.36,42.228,80.05725,基本合理,0.56372549,-0.32011935,2026-08-06,2026,103051994.85,2,ana-data/result/股票估值/20260806_defense_688600_valuation/皖仪科技价格合理性评估_20260806.md,未识别估值泡沫,-32.01,-64.14,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,0.38,1.34,5.86,1.2934,103
688610.SH,埃科光电,上交所,CNY,158.0,2026-08-07,36.679688,89.9875,173.225938,偏贵,3.30756118,0.75579942,2026-08-04,2026,133025000.0,8,ana-data/result/股票估值/20260804_eco_vision_valuation/埃科光电价格合理性评估_20260804.md,泡沫-高,75.58,-8.79,机器人、自动化或智能制造成长预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿75.6%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注工业相机销量、客户拓展和高端产品结构。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,需求波动、客户集中和小市值估值波动,-31.75,17.91,-16.61,0.7119,103
688622.SH,ST禾信,上交所,CNY,108.05,2026-08-07,4.200182,7.560328,12.600547,明显偏贵,24.72507572,13.29170798,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688622_valuation/ST禾信价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,1329.17,757.50,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿1329.2%，主要在交易盈利修复，并押注主要产品包括环保在线监测仪器和实验室分析仪器，应用覆盖环境监测、食品安全、公安司法、水利水务、医疗健康和工业过程分析等领域。 当前价还高于乐观情景上沿757.5%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本102日）,未证明军工试验检测独立分部；不展开客户、设施、对象、任务、参数、数据或结果,-5.19,32.20,-1.74,0.4982,102
688627.SH,精智达,上交所,CNY,461.0,2026-08-07,80.64,194.304,370.944,明显偏贵,4.71676587,1.37257082,2026-08-04,2026,289161689.088,5,ana-data/result/股票估值/20260804_semitronix_valuation/精智达价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,137.26,24.28,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿137.3%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注检测设备验收、先进制程订单转化和研发产品放量。 当前价还高于乐观情景上沿24.3%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,大额项目验收、客户集中和股权激励摊薄,-28.84,28.06,-4.93,0.7134,103
688628.SH,优利德,上交所,CNY,68.86,2026-08-07,28.9125,68.961667,131.027167,基本合理,1.38166883,-0.00147425,2026-08-06,2026,239316018.466704,6,ana-data/result/股票估值/20260806_defense_688628_valuation/优利德价格合理性评估_20260806.md,未识别估值泡沫,-0.15,-47.45,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-24.23,-19.93,-18.60,0.6316,103
688629.SH,华丰科技,上交所,CNY,150.55,2026-08-07,80.084575,117.991274,222.101222,偏贵,0.87988761,0.27594181,2026-08-03,2026,797438207.098,9,ana-data/result/股票估值/20260804_huafeng_technology_valuation/华丰科技价格合理性评估_20260804.md,泡沫-中,27.59,-32.22,军工、商业航天或低空经济主题溢价,乐观情景提前定价,价格高于基准合理区间上沿27.6%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注高速通讯产品、防务连接产品的订单、产能爬坡和产品结构改善。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,通讯客户需求阶段性爆发后回落,-28.20,10.05,-1.88,0.6924,103
688630.SH,芯碁微装,上交所,CNY,426.99,2026-08-07,103.8975,250.3435,477.9285,偏贵,3.10972353,0.70561648,2026-08-04,2026,579867249.128,15,ana-data/result/股票估值/20260804_cfmoto_lithography_valuation/芯碁微装价格合理性评估_20260804.md,泡沫-高,70.56,-10.66,半导体国产替代、AI算力或先进封装预期,乐观情景被大幅提前资本化,价格高于基准合理区间上沿70.6%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注设备销量、先进封装渗透和产品结构。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,H股发行摊薄、客户资本开支和估值溢价,-17.54,50.05,7.48,0.9345,103
688631.SH,莱斯信息,上交所,CNY,42.2,2026-08-07,15.936,36.6528,69.4876,偏贵,1.64809237,0.15134451,2026-08-06,2026,108544080.0,5,ana-data/result/股票估值/20260806_defense_688631_valuation/莱斯信息价格合理性评估_20260806.md,泡沫-中,15.13,-39.27,军工、商业航天或低空经济主题溢价,乐观情景提前定价,价格高于基准合理区间上沿15.1%，主要在提前交易军工、商业航天或低空经济主题溢价，具体押注公开产品与解决方案面向民航空中交通管理、城市道路交通管理和城市治理等行业的信息化需求。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,目标赛道为民航空管与低空信息化相邻入口；公司公开定位为民用系统，不能军工化,0.19,-26.90,-8.47,0.5931,103
688636.SH,智明达,上交所,CNY,19.7,2026-08-07,20.814545,47.873455,90.760091,偏低,-0.05354645,-0.58849847,2026-08-06,2026,150824281.28732,11,ana-data/result/股票估值/20260806_defense_688636_valuation/智明达价格合理性评估_20260806.md,未识别估值泡沫,-58.85,-78.29,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-51.59,-56.04,-39.96,0.9019,103
688652.SH,京仪装备,上交所,CNY,149.71,2026-08-07,49.077,118.2522,225.7542,偏贵,2.05051246,0.26602296,2026-08-04,2026,314092800.0,6,ana-data/result/股票估值/20260804_jingyi_equipment_valuation/京仪装备价格合理性评估_20260804.md,泡沫-中,26.60,-33.68,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿26.6%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注装机量、维护服务、客户扩产和产品结构。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户集中、验收节奏和竞争加剧,-35.06,-1.51,-5.41,0.7096,103
688665.SH,四方光电,上交所,CNY,46.55,2026-08-07,22.95,54.74,104.006,基本合理,1.02832244,-0.14961637,2026-08-06,2026,170940679.7,2,ana-data/result/股票估值/20260806_defense_688665_valuation/四方光电价格合理性评估_20260806.md,未识别估值泡沫,-14.96,-55.24,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-17.35,-10.31,-11.19,0.2892,103
688668.SH,鼎通科技,上交所,CNY,247.9,2026-08-07,69.69375,166.2325,315.84175,偏贵,2.5569904,0.4912848,2026-08-06,2026,718984503.475,4,ana-data/result/股票估值/20260806_defense_688668_valuation/鼎通科技价格合理性评估_20260806.md,泡沫-中,49.13,-21.51,资源品稀缺性或周期高景气外推,乐观情景提前定价,价格高于基准合理区间上沿49.1%，主要在提前交易资源品稀缺性或周期高景气外推，具体押注公开产品包括高速背板连接器组件、高速铜缆连接器和液冷散热器等。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-27.45,-1.65,-20.06,0.8205,103
688680.SH,海优新材,上交所,CNY,35.07,2026-08-07,18.876407,33.977532,56.62922,偏贵,0.85787475,0.03215266,2026-08-06,2026,-77021900.083361,3,ana-data/result/股票估值/20260806_defense_688680_valuation/海优新材价格合理性评估_20260806.md,泡沫-轻,3.22,-38.07,盈利修复或扭亏预期提前定价,轻度乐观预期,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿3.2%，主要在交易盈利修复，并押注公开产品包括光伏组件配套使用的封装胶膜。 溢价幅度较小，更接近估值误差与轻度乐观预期的交界。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产业链相邻业务不等同军工独立业务；不展开客户、项目、型号、参数、任务、数量、产能、部署或交付,-5.52,-29.72,-13.36,0.4441,103
688682.SH,霍莱沃,上交所,CNY,31.67,2026-08-07,6.067925,10.922265,18.203776,明显偏贵,4.21924711,1.89958173,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688682_valuation/霍莱沃价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,189.96,73.97,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿190.0%，主要在交易盈利修复，并押注公开产品和服务包括CAE仿真软件及验证系统、相控阵校准测量、雷达散射截面测量、天线测量和相控阵产品。 当前价还高于乐观情景上沿74.0%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,服务特种、商业航天、通信和汽车等多行业；整体收入不能全量归入军工,-10.86,-34.59,-17.59,0.3959,103
688685.SH,迈信林,上交所,CNY,43.0,2026-08-07,5.454436,9.817986,16.363309,明显偏贵,6.88349153,3.37971698,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688685_valuation/迈信林价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,337.97,162.78,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿338.0%，主要在交易盈利修复，并押注公开产品与服务包括航空航天零部件及工装、民用多行业精密零部件和算力服务。 当前价还高于乐观情景上沿162.8%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,航空航天业务与民品、算力业务并存；不把公司整体经营指标军工化,-15.70,-23.76,-8.68,0.9362,103
688702.SH,盛科通信,上交所,CNY,402.0,2026-08-07,2.8392,6.53016,13.06032,明显偏贵,140.58918005,60.56051307,2026-08-05,2026,55432000.0,10,ana-data/result/股票估值/20260805_suya_tech_valuation/盛科通信价格合理性评估_20260805.md,泡沫-极端（超过乐观上沿）,6056.05,2978.03,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价；趋势动量与交易拥挤,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿6056.1%，主要在交易盈利修复，并押注数据中心交换芯片放量、客户认证、研发投入和产品迭代。 当前价还高于乐观情景上沿2978.0%，说明市场计入了超过现有乐观模型的额外预期。 近60个交易日上涨32.8%，并高于60日均线22.6%，量价趋势可能放大估值溢价。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,客户集中、技术迭代和高研发投入,-4.74,32.80,22.56,1.1575,103
688708.SH,佳驰科技,上交所,CNY,46.42,2026-08-07,26.597336,58.670594,111.229668,基本合理,0.74528757,-0.20880297,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688708_valuation/佳驰科技价格合理性评估_20260806.md,未识别估值泡沫,-20.88,-58.27,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-10.09,-11.24,-5.98,0.5235,103
688709.SH,成都华微,上交所,CNY,27.12,2026-08-07,9.36,23.4,44.3625,偏贵,1.8974359,0.15897436,2026-08-06,2026,248370340.14,1,ana-data/result/股票估值/20260806_defense_688709_valuation/成都华微价格合理性评估_20260806.md,泡沫-中,15.90,-38.87,半导体国产替代、AI算力或先进封装预期,乐观情景提前定价,价格高于基准合理区间上沿15.9%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注公开产品包括FPGA/MCU/SoC/存储器等数字集成电路及模数转换、接口驱动和电源管理等模拟集成电路。 当前价位于基准与乐观上沿之间，市场已经提前支付部分乐观情景。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,T2轻量卡；不从芯片类别、应用领域或检测能力反推客户、型号、平台或性能,-27.64,-32.35,-18.49,0.5324,103
688711.SH,宏微科技,上交所,CNY,25.68,2026-08-07,0.660045,1.553047,2.989615,明显偏贵,37.9064382,15.53523686,2026-08-04,,,0,ana-data/result/股票估值/20260805_macmic_valuation/宏微科技价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,1553.52,758.97,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿1553.5%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注IGBT/模块销量、产品价格和产能利用率。 当前价还高于乐观情景上沿759.0%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,功率半导体周期、价格竞争和扩产,-29.80,-21.37,-22.02,0.3250,103
688716.SH,中研股份,上交所,CNY,29.52,2026-08-07,5.1,12.75,25.2875,明显偏贵,4.78823529,1.31529412,2026-08-04,2026,20685600.0,1,ana-data/result/股票估值/20260805_china_peek_valuation/中研股份价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,131.53,16.74,机器人、自动化或智能制造成长预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿131.5%，主要在提前交易机器人、自动化或智能制造成长预期，具体押注PEEK销量、机器人等新场景渗透和毛利率。 当前价还高于乐观情景上沿16.7%，说明市场计入了超过现有乐观模型的额外预期。 机构覆盖仅1家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,需求兑现、扩产和单一材料估值溢价,-14.31,-20.84,-8.95,0.6716,103
688722.SH,同益中,上交所,CNY,14.32,2026-08-07,16.56,38.088,72.2085,偏低,-0.1352657,-0.62402857,2026-08-06,2026,155020023.0,4,ana-data/result/股票估值/20260806_defense_688722_valuation/同益中价格合理性评估_20260806.md,未识别估值泡沫,-62.40,-80.17,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-6.16,-23.38,-10.61,0.5232,103
688768.SH,容知日新,上交所,CNY,45.68,2026-08-07,24.21,57.745333,109.716133,基本合理,0.88682363,-0.2089404,2026-08-06,2026,157793091.979971,3,ana-data/result/股票估值/20260806_defense_688768_valuation/容知日新价格合理性评估_20260806.md,未识别估值泡沫,-20.89,-58.37,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,1.58,7.48,-5.59,0.4587,103
688776.SH,国光电气,上交所,CNY,50.88,2026-08-07,15.753482,28.356268,47.260446,明显偏贵,2.22976216,0.79431228,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688776_valuation/国光电气价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,79.43,7.66,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿79.4%，主要在交易盈利修复，并押注公开产品包括行波管、磁控管、充气微波开关管、微波固态器件、核工业设备和压力容器真空测控组件。 当前价还高于乐观情景上沿7.7%，说明市场计入了超过现有乐观模型的额外预期。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,微波器件、核工业设备与其他真空应用合并披露；不拼接已脱密信息,-6.16,-38.58,-14.15,0.8117,103
688786.SH,悦安新材,上交所,CNY,28.38,2026-08-07,17.88,41.124,77.96425,基本合理,0.58724832,-0.30989203,2026-08-06,2026,107131002.235,2,ana-data/result/股票估值/20260806_defense_688786_valuation/悦安新材价格合理性评估_20260806.md,未识别估值泡沫,-30.99,-63.60,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-27.17,-18.28,-21.72,0.3864,103
688787.SH,海天瑞声,上交所,CNY,111.8,2026-08-07,9.1125,21.735,41.2965,明显偏贵,11.26886145,4.14377732,2026-08-06,2026,40719496.5,4,ana-data/result/股票估值/20260806_defense_688787_valuation/海天瑞声价格合理性评估_20260806.md,泡沫-极端（超过乐观上沿）,414.38,170.73,业务增长、订单兑现和利润率改善预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿414.4%，主要在提前交易业务增长、订单兑现和利润率改善预期，具体押注公开训练数据覆盖智能语音、计算机视觉和自然语言等领域，服务多类人工智能应用场景。 当前价还高于乐观情景上沿170.7%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,未证明军工无人系统独立业务；不反向识别客户、数据集、模型、任务、部署或结果,-12.68,-23.05,-13.35,0.7760,103
688788.SH,科思科技,上交所,CNY,31.37,2026-08-07,11.208436,20.175184,33.625307,偏贵,1.79878477,0.55488049,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688788_valuation/科思科技价格合理性评估_20260806.md,泡沫-高,55.49,-6.71,盈利修复或扭亏预期提前定价,乐观情景被大幅提前资本化,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿55.5%，主要在交易盈利修复，并押注公开产品包括指挥控制信息处理设备及系统、软件雷达信息处理设备及系统、智能无人设备及系统和其他信息处理产品。 当前价虽未超过乐观上沿，但已经大幅提前资本化乐观情景。 当前没有可用机构一致预期覆盖，原因判断更依赖估值反推与业务情景。,基于估值反推、业务驱动和量价显影的推断,中低,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,产品涉及信息处理、雷达和无人系统时只保留公开高层级类别，不拼接能力、对象或部署,-26.01,-46.11,-18.52,0.9007,103
688800.SH,瑞可达,上交所,CNY,58.31,2026-08-07,27.72,66.117333,125.622933,基本合理,1.10353535,-0.118083,2026-08-06,2026,422317967.866598,6,ana-data/result/股票估值/20260806_defense_688800_valuation/瑞可达价格合理性评估_20260806.md,未识别估值泡沫,-11.81,-53.58,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-28.66,-57.16,-38.47,0.8008,103
688825.SH,长鑫科技集团股份有限公司,上交所,CNY,52.48,2026-08-07,1.466328,2.199491,3.054849,明显偏贵,34.79008244,22.86006581,2026-08-05,2026,141453074052.855,2,ana-data/result/股票估值/20260805_cxmt_valuation/长鑫科技集团股份有限公司价格合理性评估_20260805.md,泡沫-极端（超过乐观上沿）,2286.01,1617.92,盈利修复或扭亏预期提前定价,超出乐观情景的叙事与情绪溢价,当前盈利基线偏弱或常规PE适用性不足，但价格仍高于基准上沿2286.0%，主要在交易盈利修复，并押注DRAM价格、产能利用率、制程良率和产品升级。 当前价还高于乐观情景上沿1617.9%，说明市场计入了超过现有乐观模型的额外预期。 前复权行情样本仅9个交易日，不足以形成完整60日涨幅，长期动量不参与原因判断。 机构覆盖仅2家，预测分歧和样本偏差仍可能较大。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本9日）,新上市估值、存储周期、重资产折旧和技术限制,,,,0.7926,9
688981.SH,中芯国际,上交所,CNY,128.5,2026-08-07,18.05,41.515,77.494667,明显偏贵,6.11911357,2.09526677,2026-08-04,2026,6867668809.32032,10,ana-data/result/股票估值/20260804_smic_valuation/中芯国际价格合理性评估_20260804.md,泡沫-极端（超过乐观上沿）,209.53,65.82,半导体国产替代、AI算力或先进封装预期,超出乐观情景的叙事与情绪溢价,价格高于基准合理区间上沿209.5%，主要在提前交易半导体国产替代、AI算力或先进封装预期，具体押注晶圆出货、产能利用率、平均售价、汇率和补助。 当前价还高于乐观情景上沿65.8%，说明市场计入了超过现有乐观模型的额外预期。,基于估值反推、业务驱动和量价显影的推断,中,估值反推+正式报告业务/风险段落+前复权20/60日量价（样本103日）,重资产折旧、行业周期、地缘政治和红筹股本口径,-25.72,5.45,-7.71,0.5328,103
920185.BJ,贝特瑞,北交所,CNY,21.68,2026-08-07,13.4775,34.4425,67.5073,基本合理,0.60860694,-0.37054511,2026-08-04,2026,1363552096.804,5,ana-data/result/股票估值/20260805_btr_valuation/贝特瑞价格合理性评估_20260804.md,未识别估值泡沫,-37.05,-67.88,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-3.39,-27.66,-12.65,0.5547,103
920418.BJ,苏州轴承厂股份有限公司,北交所,CNY,19.52,2026-08-07,14.2875,34.078333,64.748833,基本合理,0.36622922,-0.42720203,2026-08-05,2026,171968159.999946,6,ana-data/result/股票估值/20260805_suzhou_bearing_valuation/苏州轴承厂股份有限公司价格合理性评估_20260805.md,未识别估值泡沫,-42.72,-69.85,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,-3.37,-23.24,-7.11,0.6168,103
920522.BJ,纳科诺尔,北交所,CNY,22.56,2026-08-07,26.4,63.611429,121.44,偏低,-0.14545455,-0.64534675,2026-08-04,2026,220705013.759937,7,ana-data/result/股票估值/20260805_nake_nuor_valuation/纳科诺尔价格合理性评估_20260804.md,未识别估值泡沫,-64.53,-81.42,不适用,不适用,当前收盘价未高于基准合理区间上沿，按本手册规则不认定估值泡沫。,规则判定,高（价格位置）,当前收盘价与正式基准合理区间比较,价格升破基准合理区间上沿，或公司发生正式复评,4.16,-58.65,-21.06,0.9277,103
ticker,company,market,currency,close,trade_date,base_low,base_high,optimistic_high,label,distance_to_base_low,distance_to_base_high,valuation_date,consensus_year,consensus_profit,consensus_count,report_path
000021.SZ,深科技,深交所,CNY,40.23,2026-08-14,13.1625,31.395,59.6505,偏贵,2.05641026,0.28141424,2026-08-05,2026,1532388505.05,2,ana-data/result/股票估值/20260805_shenzhen_kaifa_valuation/深科技价格合理性评估_20260805.md
000039.SZ,中集集团,深交所,CNY,8.8,2026-08-14,12.133929,26.0475,50.0112,偏低,-0.27476088,-0.66215568,2026-08-06,2026,3489731049.150771,7,ana-data/result/股票估值/20260806_defense_000039_valuation/中集集团价格合理性评估_20260806.md
000049.SZ,德赛电池,深交所,CNY,24.8,2026-08-14,12.71203,28.447637,56.082484,基本合理,0.95090792,-0.12822285,2026-08-13,,,1,ana-data/result/股票估值/20260813_industry_gap_000049_valuation/德赛电池价格合理性评估_20260813.md
000063.SZ,中兴通讯,深交所,CNY,35.05,2026-08-14,18.0315,43.008467,86.016933,基本合理,0.94382054,-0.18504419,2026-08-04,2026,6389208097.404594,9,ana-data/result/股票估值/20260804_zte_valuation/中兴通讯价格合理性评估_20260804.md
000065.SZ,北方国际,深交所,CNY,9.01,2026-08-14,10.875,25.938889,49.283889,偏低,-0.17149425,-0.65264511,2026-08-06,2026,935606183.639405,9,ana-data/result/股票估值/20260806_defense_000065_valuation/北方国际价格合理性评估_20260806.md
000066.SZ,中国长城,深交所,CNY,15.0,2026-08-14,1.097143,2.523429,4.784,明显偏贵,12.67187322,4.94429247,2026-08-04,2026,147465101.164793,7,ana-data/result/股票估值/20260804_great_wall_computer_valuation/中国长城价格合理性评估_20260804.md
000099.SZ,中信海直,深交所,CNY,14.1,2026-08-14,6.435,15.348667,29.162467,基本合理,1.19114219,-0.08135345,2026-08-06,2026,369783765.303592,3,ana-data/result/股票估值/20260806_defense_000099_valuation/中信海直价格合理性评估_20260806.md
000157.SZ,中联重科,深交所,CNY,6.93,2026-08-14,9.3275,22.247815,42.270848,偏低,-0.25703565,-0.68850874,2026-08-06,2026,5975497215.836937,28,ana-data/result/股票估值/20260806_defense_000157_valuation/中联重科价格合理性评估_20260806.md
000420.SZ,吉林化纤,深交所,CNY,3.77,2026-08-14,0.9867,2.2715,4.4781,偏贵,2.82081686,0.65969624,2026-08-13,2026,135237758.865,3,ana-data/result/股票估值/20260813_industry_gap_000420_valuation/吉林化纤价格合理性评估_20260813.md
000425.SZ,徐工机械,深交所,CNY,7.99,2026-08-14,9.617786,22.9402,43.58638,偏低,-0.16924748,-0.65170312,2026-08-06,2026,8370049536.465606,21,ana-data/result/股票估值/20260806_defense_000425_valuation/徐工机械价格合理性评估_20260806.md
000426.SZ,兴业银锡,深交所,CNY,37.89,2026-08-14,19.568571,50.008571,98.0168,基本合理,0.93626811,-0.24232988,2026-08-04,2026,3860739421.083365,7,ana-data/result/股票估值/20260804_xingye_silver_tin_valuation/兴业银锡价格合理性评估_20260804.md
000519.SZ,中兵红箭,深交所,CNY,14.69,2026-08-14,6.28125,13.48375,25.8888,偏贵,1.33870647,0.08945953,2026-08-04,2026,466507258.97,4,ana-data/result/股票估值/20260805_north_arrows_refresh_valuation/中兵红箭价格合理性评估_20260804.md
000547.SZ,航天发展,深交所,CNY,15.66,2026-08-14,2.360035,4.248062,7.080104,明显偏贵,5.63549481,2.68638687,2026-08-04,,,0,ana-data/result/股票估值/20260804_aerospace_development_valuation/航天发展价格合理性评估_20260804.md
000561.SZ,烽火电子,深交所,CNY,7.64,2026-08-14,3.3632,6.05376,10.089601,偏贵,1.27164605,0.26202558,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_000561_valuation/烽火电子价格合理性评估_20260806.md
000595.SZ,新能股份,深交所,CNY,5.97,2026-08-14,1.35,3.5,6.65,偏贵,3.42222222,0.70571429,2026-08-06,2026,113865636.6,1,ana-data/result/股票估值/20260806_defense_000595_valuation/新能股份价格合理性评估_20260806.md
000603.SZ,盛达资源,深交所,CNY,32.09,2026-08-14,17.046,43.562,85.38152,基本合理,0.88255309,-0.26334879,2026-08-06,2026,1306801941.324,5,ana-data/result/股票估值/20260806_shengda_resources_valuation/盛达资源价格合理性评估_20260806.md
000657.SZ,中钨高新,深交所,CNY,68.29,2026-08-14,18.43425,47.10975,92.33511,偏贵,2.70451741,0.44959377,2026-08-04,2026,4667151462.3,8,ana-data/result/股票估值/20260804_zhongwu_hightech_valuation/中钨高新价格合理性评估_20260804.md
000672.SZ,上峰材料,深交所,CNY,13.89,2026-08-14,11.213713,27.403927,54.024884,基本合理,0.23866198,-0.49313834,2026-08-13,2026,1072043657.094552,9,ana-data/result/股票估值/20260813_industry_gap_000672_valuation/上峰材料价格合理性评估_20260813.md
000697.SZ,炼石航空,深交所,CNY,8.6,2026-08-14,2.413885,4.344993,7.241655,明显偏贵,2.5627215,0.97928972,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_000697_valuation/炼石航空价格合理性评估_20260806.md
000700.SZ,模塑科技,深交所,CNY,11.88,2026-08-14,8.775,20.93,39.767,基本合理,0.35384615,-0.43239369,2026-08-04,2026,596710002.85,6,ana-data/result/股票估值/20260805_molding_technology_valuation/模塑科技价格合理性评估_20260804.md
000708.SZ,中信特钢,深交所,CNY,13.79,2026-08-14,23.1426,53.277,105.0318,偏低,-0.40412918,-0.7411641,2026-08-13,2026,6510834630.12,7,ana-data/result/股票估值/20260813_industry_gap_000708_valuation/中信特钢价格合理性评估_20260813.md
000733.SZ,振华科技,深交所,CNY,40.92,2026-08-14,37.875,81.305,156.1056,基本合理,0.08039604,-0.49670992,2026-08-04,2026,1119422250.62,2,ana-data/result/股票估值/20260805_zhenhua_technology_valuation/振华科技价格合理性评估_20260804.md
000738.SZ,航发控制,深交所,CNY,18.48,2026-08-14,6.070312,13.030937,25.0194,偏贵,2.04432458,0.41816356,2026-08-06,2026,425790820.32375,8,ana-data/result/股票估值/20260806_defense_000738_valuation/航发控制价格合理性评估_20260806.md
000768.SZ,中航西飞,深交所,CNY,21.43,2026-08-14,8.4375,18.1125,34.776,偏贵,1.53985185,0.1831608,2026-08-04,2026,1251274560.75,10,ana-data/result/股票估值/20260805_avic_xian_valuation/中航西飞价格合理性评估_20260804.md
000777.SZ,中核科技,深交所,CNY,17.64,2026-08-14,6.075,15.75,29.925,偏贵,1.9037037,0.12,2026-08-06,2026,172537916.85,1,ana-data/result/股票估值/20260806_defense_000777_valuation/中核科技价格合理性评估_20260806.md
000795.SZ,英洛华,深交所,CNY,8.5,2026-08-14,2.414667,5.523747,10.49512,偏贵,2.52015412,0.53881052,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_000795_valuation/英洛华价格合理性评估_20260806.md
000800.SZ,一汽解放,深交所,CNY,6.06,2026-08-14,3.5775,8.533,16.2127,基本合理,0.69392034,-0.28981601,2026-08-06,2026,1304139458.375,2,ana-data/result/股票估值/20260806_defense_000800_valuation/一汽解放价格合理性评估_20260806.md
000801.SZ,四川九洲,深交所,CNY,11.36,2026-08-14,5.52,12.696,24.0695,基本合理,1.05797101,-0.10522999,2026-08-06,2026,233754694.57,2,ana-data/result/股票估值/20260806_defense_000801_valuation/四川九洲价格合理性评估_20260806.md
000807.SZ,云铝股份,深交所,CNY,25.91,2026-08-14,33.525474,85.676211,167.925373,偏低,-0.22715485,-0.69758233,2026-08-04,2026,12918323857.69913,19,ana-data/result/股票估值/20260804_yunnan_aluminium_valuation/云铝股份价格合理性评估_20260804.md
000831.SZ,中国稀土,深交所,CNY,60.95,2026-08-14,5.94,15.4,29.26,明显偏贵,9.26094276,2.95779221,2026-08-06,2026,466937155.08,1,ana-data/result/股票估值/20260806_defense_000831_valuation/中国稀土价格合理性评估_20260806.md
000837.SZ,秦川机床,深交所,CNY,10.56,2026-08-14,4.332692,7.221154,11.553847,偏贵,1.43728379,0.46237014,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_000837_valuation/秦川机床价格合理性评估_20260813.md
000852.SZ,石化机械,深交所,CNY,5.18,2026-08-14,3.270898,5.887616,9.812693,基本合理,0.58366296,-0.12018719,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_000852_valuation/石化机械价格合理性评估_20260806.md
000880.SZ,潍柴重机,深交所,CNY,25.06,2026-08-14,8.343198,19.085747,36.26292,偏贵,2.00364441,0.3130217,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_000880_valuation/潍柴重机价格合理性评估_20260806.md
000887.SZ,中鼎股份,深交所,CNY,21.82,2026-08-14,23.322,53.69,105.846,偏低,-0.06440271,-0.59359285,2026-08-13,2026,1711436671.1,5,ana-data/result/股票估值/20260813_industry_gap_000887_valuation/中鼎股份价格合理性评估_20260813.md
000901.SZ,航天科技,深交所,CNY,14.72,2026-08-14,5.32137,9.578465,15.964109,偏贵,1.76620494,0.53678068,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_000901_valuation/航天科技价格合理性评估_20260806.md
000963.SZ,华东医药,深交所,CNY,29.72,2026-08-14,46.193451,113.770023,230.068268,偏低,-0.35661876,-0.73877126,2026-08-04,2026,3855510745.017525,11,ana-data/result/股票估值/20260804_huadong_medicine_valuation/华东医药价格合理性评估_20260804.md
000970.SZ,中科三环,深交所,CNY,13.59,2026-08-14,2.0925,4.991,9.4829,明显偏贵,5.49462366,1.72290122,2026-08-06,2026,188437494.815,2,ana-data/result/股票估值/20260806_defense_000970_valuation/中科三环价格合理性评估_20260806.md
000977.SZ,浪潮信息,深交所,CNY,78.8,2026-08-14,61.697368,141.903947,286.961316,基本合理,0.27720197,-0.4446948,2026-08-04,2026,4026717564.500155,20,ana-data/result/股票估值/20260804_inspur_information_valuation/浪潮信息价格合理性评估_20260804.md
000988.SZ,华工科技,深交所,CNY,109.79,2026-08-14,52.9425,121.76775,246.24145,基本合理,1.07375927,-0.09836554,2026-08-05,2026,2365947869.571,8,ana-data/result/股票估值/20260805_huagong_tech_valuation/华工科技价格合理性评估_20260805.md
001260.SZ,坤泰股份,深交所,CNY,23.13,2026-08-14,4.590362,10.500828,19.951574,明显偏贵,4.03881829,1.20268345,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_001260_valuation/坤泰股份价格合理性评估_20260806.md
001270.SZ,铖昌科技,深交所,CNY,117.8,2026-08-14,19.86,45.678,86.597875,明显偏贵,4.93152064,1.57892202,2026-08-04,2026,170560080.5775,4,ana-data/result/股票估值/20260805_chengchang_refresh_valuation/铖昌科技价格合理性评估_20260804.md
001283.SZ,豪鹏科技,深交所,CNY,42.46,2026-08-14,38.671875,98.828125,193.703125,基本合理,0.09795556,-0.57036522,2026-08-04,2026,445775412.5,5,ana-data/result/股票估值/20260805_highpower_valuation/豪鹏科技价格合理性评估_20260804.md
001289.SZ,龙源电力,深交所,CNY,15.61,2026-08-14,7.661235,17.249914,33.503167,基本合理,1.0375305,-0.09506795,2026-08-13,2026,4526243323.083583,7,ana-data/result/股票估值/20260813_industry_gap_001289_valuation/龙源电力价格合理性评估_20260813.md
001296.SZ,长江材料,深交所,CNY,19.63,2026-08-14,11.471764,26.242598,49.860935,基本合理,0.71115794,-0.25197955,2026-08-04,,,0,ana-data/result/股票估值/20260804_changjiang_materials_valuation/长江材料价格合理性评估_20260804.md
001306.SZ,夏厦精密,深交所,CNY,54.74,2026-08-14,19.035,49.35,93.765,偏贵,1.87575519,0.10921986,2026-08-06,2026,88619346.0,1,ana-data/result/股票估值/20260806_defense_001306_valuation/夏厦精密价格合理性评估_20260806.md
001309.SZ,德明利,深交所,CNY,406.19,2026-08-14,398.736,904.824,1831.363776,基本合理,0.01869407,-0.55108397,2026-08-13,2026,11596207514.4,2,ana-data/result/股票估值/20260813_industry_gap_001309_valuation/德明利价格合理性评估_20260813.md
001316.SZ,润贝航科,深交所,CNY,26.6,2026-08-14,27.789343,65.1728,123.82832,偏低,-0.04279853,-0.59185427,2026-08-06,2026,232993610.08,5,ana-data/result/股票估值/20260806_defense_001316_valuation/润贝航科价格合理性评估_20260806.md
001696.SZ,宗申动力,深交所,CNY,16.11,2026-08-14,14.4375,30.9925,59.5056,基本合理,0.11584416,-0.48019682,2026-08-06,2026,881670728.4,2,ana-data/result/股票估值/20260806_defense_001696_valuation/宗申动力价格合理性评估_20260806.md
002008.SZ,大族激光,深交所,CNY,99.0,2026-08-14,48.375,118.68,228.459,基本合理,1.04651163,-0.16582406,2026-08-04,2026,2656376792.64,14,ana-data/result/股票估值/20260804_hans_laser_valuation/大族激光价格合理性评估_20260804.md
002011.SZ,盾安环境,深交所,CNY,10.08,2026-08-14,19.415067,44.695778,88.114533,偏低,-0.4808156,-0.77447534,2026-08-13,2026,1162823253.539761,9,ana-data/result/股票估值/20260813_industry_gap_002011_valuation/盾安环境价格合理性评估_20260813.md
002023.SZ,海特高新,深交所,CNY,10.6,2026-08-14,5.023981,9.043166,15.071943,偏贵,1.10988059,0.17215586,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002023_valuation/海特高新价格合理性评估_20260806.md
002025.SZ,航天电器,深交所,CNY,64.22,2026-08-14,15.90625,34.145417,65.5592,偏贵,3.03740668,0.88077949,2026-08-04,2026,385160106.579849,12,ana-data/result/股票估值/20260805_aerospace_electric_valuation/航天电器价格合理性评估_20260804.md
002028.SZ,思源电气,深交所,CNY,166.5,2026-08-14,126.250157,184.008327,252.500315,基本合理,0.31881024,-0.09514965,2026-08-13,2026,4309337598.99325,17,ana-data/result/股票估值/20260813_sieyuan_electric_valuation/思源电气价格合理性评估_20260813.md
002037.SZ,保利联合,深交所,CNY,6.94,2026-08-14,2.12265,3.820771,6.367951,明显偏贵,2.26949803,0.81638732,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002037_valuation/保利联合价格合理性评估_20260806.md
002046.SZ,国机精工,深交所,CNY,47.3,2026-08-14,11.55,24.794,47.60448,偏贵,3.0952381,0.90771961,2026-08-06,2026,330340370.36,5,ana-data/result/股票估值/20260806_defense_002046_valuation/国机精工价格合理性评估_20260806.md
002048.SZ,宁波华翔,深交所,CNY,20.12,2026-08-14,31.331803,71.999667,141.9422,偏低,-0.35784098,-0.72055426,2026-08-13,2026,1415937638.019729,3,ana-data/result/股票估值/20260813_industry_gap_002048_valuation/宁波华翔价格合理性评估_20260813.md
002049.SZ,紫光国微,深交所,CNY,67.89,2026-08-14,54.54,125.442,237.817125,基本合理,0.24477448,-0.45879371,2026-08-06,2026,1930772033.0325,8,ana-data/result/股票估值/20260806_defense_002049_valuation/紫光国微价格合理性评估_20260806.md
002050.SZ,三花智控,深交所,CNY,38.3,2026-08-14,18.669265,41.638118,81.975044,基本合理,1.05150015,-0.08016976,2026-08-04,2026,4761244002.335527,18,ana-data/result/股票估值/20260805_sanhuahua_valuation/三花智控价格合理性评估_20260804.md
002057.SZ,中钢天源,深交所,CNY,8.73,2026-08-14,3.137116,7.176408,13.635175,偏贵,1.78281071,0.21648602,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002057_valuation/中钢天源价格合理性评估_20260806.md
002058.SZ,威尔泰,深交所,CNY,16.64,2026-08-14,2.347746,5.370662,10.204257,明显偏贵,6.08764917,2.09831451,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002058_valuation/威尔泰价格合理性评估_20260806.md
002074.SZ,国轩高科,深交所,CNY,27.16,2026-08-14,11.070345,27.053565,53.334171,偏贵,1.45340141,0.00393423,2026-08-13,2026,1981226392.1285,13,ana-data/result/股票估值/20260813_industry_gap_002074_valuation/国轩高科价格合理性评估_20260813.md
002079.SZ,苏州固锝,深交所,CNY,9.67,2026-08-14,2.808,6.75,13.455,偏贵,2.44373219,0.43259259,2026-08-13,2026,109018622.76,1,ana-data/result/股票估值/20260813_industry_gap_002079_valuation/苏州固锝价格合理性评估_20260813.md
002080.SZ,中材科技,深交所,CNY,59.93,2026-08-14,23.775187,56.708225,107.745627,偏贵,1.52069521,0.05681319,2026-08-06,2026,2955385396.872,8,ana-data/result/股票估值/20260806_defense_002080_valuation/中材科技价格合理性评估_20260806.md
002085.SZ,万丰奥威,深交所,CNY,10.54,2026-08-14,6.831,16.2932,30.95708,基本合理,0.54296589,-0.35310436,2026-08-06,2026,1074388545.12,5,ana-data/result/股票估值/20260806_defense_002085_valuation/万丰奥威价格合理性评估_20260806.md
002096.SZ,易普力,深交所,CNY,9.25,2026-08-14,13.759821,29.53775,56.71248,偏低,-0.32775288,-0.68684141,2026-08-06,2026,910306319.355537,7,ana-data/result/股票估值/20260806_defense_002096_valuation/易普力价格合理性评估_20260806.md
002097.SZ,山河智能,深交所,CNY,7.32,2026-08-14,4.358572,7.84543,13.075717,基本合理,0.67944914,-0.06697275,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002097_valuation/山河智能价格合理性评估_20260806.md
002111.SZ,威海广泰,深交所,CNY,9.62,2026-08-14,7.458487,16.452545,31.191283,基本合理,0.28980583,-0.41528803,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002111_valuation/威海广泰价格合理性评估_20260806.md
002115.SZ,三维通信,深交所,CNY,12.16,2026-08-14,2.16,5.6,10.64,明显偏贵,4.62962963,1.17142857,2026-08-06,2026,129758613.12,1,ana-data/result/股票估值/20260806_defense_002115_valuation/三维通信价格合理性评估_20260806.md
002126.SZ,银轮股份,深交所,CNY,41.98,2026-08-14,26.481593,60.963756,120.18569,基本合理,0.58525207,-0.31139413,2026-08-13,2026,1249986822.5034,25,ana-data/result/股票估值/20260813_industry_gap_002126_valuation/银轮股份价格合理性评估_20260813.md
002129.SZ,TCL中环,深交所,CNY,9.34,2026-08-14,3.463903,5.443277,7.917493,明显偏贵,1.69638035,0.71587814,2026-08-04,2026,-1848372327.008181,7,ana-data/result/股票估值/20260804_tcl_zhonghuan_valuation/TCL中环价格合理性评估_20260804.md
002130.SZ,沃尔核材,深交所,CNY,16.95,2026-08-14,17.82,42.504,80.7576,偏低,-0.04882155,-0.601214,2026-08-06,2026,1847851317.84,3,ana-data/result/股票估值/20260806_defense_002130_valuation/沃尔核材价格合理性评估_20260806.md
002138.SZ,顺络电子,深交所,CNY,52.21,2026-08-14,37.01412,83.99358,167.427203,基本合理,0.41054279,-0.37840487,2026-08-13,2026,1275434372.3572,11,ana-data/result/股票估值/20260813_industry_gap_002138_valuation/顺络电子价格合理性评估_20260813.md
002149.SZ,西部材料,深交所,CNY,43.61,2026-08-14,1.965813,4.047262,7.770743,明显偏贵,21.18420572,9.77518579,2026-08-04,,,0,ana-data/result/股票估值/20260805_western_materials_valuation/西部材料价格合理性评估_20260804.md
002151.SZ,北斗星通,深交所,CNY,29.18,2026-08-14,8.906321,16.031378,26.718963,明显偏贵,2.27632476,0.8201804,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002151_valuation/北斗星通价格合理性评估_20260806.md
002156.SZ,通富微电,深交所,CNY,62.96,2026-08-14,21.882,50.3286,100.6572,偏贵,1.87725071,0.25097857,2026-08-04,2026,1581335982.304,10,ana-data/result/股票估值/20260804_tongfu_microelectronics_valuation/通富微电价格合理性评估_20260804.md
002158.SZ,汉钟精机,深交所,CNY,28.15,2026-08-14,26.052,59.118,117.84188,基本合理,0.08053125,-0.52383369,2026-08-13,2026,595326208.086488,6,ana-data/result/股票估值/20260813_industry_gap_002158_valuation/汉钟精机价格合理性评估_20260813.md
002167.SZ,东方锆业,深交所,CNY,17.45,2026-08-14,1.706772,3.764938,7.137695,明显偏贵,9.22397836,3.63487048,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002167_valuation/东方锆业价格合理性评估_20260806.md
002171.SZ,楚江新材,深交所,CNY,9.83,2026-08-14,7.08,16.284,30.87175,基本合理,0.38841808,-0.39633997,2026-08-06,2026,478766672.24,2,ana-data/result/股票估值/20260806_defense_002171_valuation/楚江新材价格合理性评估_20260806.md
002176.SZ,江特电机,深交所,CNY,9.4,2026-08-14,1.562962,2.604936,4.167898,明显偏贵,5.01422171,2.60853395,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_002176_valuation/江特电机价格合理性评估_20260813.md
002179.SZ,中航光电,深交所,CNY,36.08,2026-08-14,22.465909,48.226818,92.595491,基本合理,0.60598888,-0.25186854,2026-08-04,2026,2516476926.769473,11,ana-data/result/股票估值/20260805_avic_optronics_refresh_valuation/中航光电价格合理性评估_20260804.md
002182.SZ,宝武镁业,深交所,CNY,12.33,2026-08-14,2.655,6.332667,12.032067,明显偏贵,3.6440678,0.94704696,2026-08-06,2026,195052338.756997,3,ana-data/result/股票估值/20260806_defense_002182_valuation/宝武镁业价格合理性评估_20260806.md
002185.SZ,华天科技,深交所,CNY,17.98,2026-08-14,6.72,15.456,30.912,偏贵,1.67559524,0.16330228,2026-08-04,2026,1063495557.12,2,ana-data/result/股票估值/20260804_huatian_technology_valuation/华天科技价格合理性评估_20260804.md
002189.SZ,中光学,深交所,CNY,19.22,2026-08-14,1.599605,2.879289,4.798815,明显偏贵,11.01546632,5.67525907,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002189_valuation/中光学价格合理性评估_20260806.md
002190.SZ,成飞集成,深交所,CNY,25.21,2026-08-14,12.120522,21.816939,36.361565,偏贵,1.07994342,0.15552415,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002190_valuation/成飞集成价格合理性评估_20260806.md
002202.SZ,金风科技,深交所,CNY,20.93,2026-08-14,14.96664,33.96276,65.963227,基本合理,0.39844347,-0.38373678,2026-08-13,2026,4502558697.702001,14,ana-data/result/股票估值/20260813_industry_gap_002202_valuation/金风科技价格合理性评估_20260813.md
002214.SZ,大立科技,深交所,CNY,14.27,2026-08-14,2.100754,3.781358,6.302263,明显偏贵,5.79279916,2.77377651,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002214_valuation/大立科技价格合理性评估_20260806.md
002222.SZ,福晶科技,深交所,CNY,64.96,2026-08-14,17.5,42.933333,82.646667,偏贵,2.712,0.51304349,2026-08-04,2026,438899999.999843,3,ana-data/result/股票估值/20260804_fujing_technology_refresh_valuation/福晶科技价格合理性评估_20260804.md
002226.SZ,江南化工,深交所,CNY,5.09,2026-08-14,5.71875,12.27625,23.5704,偏低,-0.10994536,-0.58537827,2026-08-06,2026,807921470.775,2,ana-data/result/股票估值/20260806_defense_002226_valuation/江南化工价格合理性评估_20260806.md
002232.SZ,启明信息,深交所,CNY,14.54,2026-08-14,1.598249,3.656125,6.946637,明显偏贵,8.09745603,2.9768881,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002232_valuation/启明信息价格合理性评估_20260806.md
002246.SZ,北化股份,深交所,CNY,21.07,2026-08-14,15.125,32.468333,62.3392,基本合理,0.39305785,-0.35106,2026-08-06,2026,442888067.160183,6,ana-data/result/股票估值/20260806_defense_002246_valuation/北化股份价格合理性评估_20260806.md
002255.SZ,海陆重工,深交所,CNY,8.43,2026-08-14,7.62386,17.440204,33.136387,基本合理,0.10573909,-0.51663409,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002255_valuation/海陆重工价格合理性评估_20260806.md
002265.SZ,建设工业,深交所,CNY,20.35,2026-08-14,4.098724,8.43855,16.202017,明显偏贵,3.96495983,1.41155175,2026-08-04,,,0,ana-data/result/股票估值/20260805_construction_industry_refresh_valuation/建设工业价格合理性评估_20260804.md
002268.SZ,电科网安,深交所,CNY,14.17,2026-08-14,2.64,6.6,12.5125,明显偏贵,4.36742424,1.1469697,2026-08-06,2026,93019969.13,1,ana-data/result/股票估值/20260806_defense_002268_valuation/电科网安价格合理性评估_20260806.md
002281.SZ,光迅科技,深交所,CNY,191.52,2026-08-14,45.0,103.5,209.3,偏贵,3.256,0.85043478,2026-08-04,2026,1655697676.0,7,ana-data/result/股票估值/20260804_accelink_valuation/光迅科技价格合理性评估_20260804.md
002294.SZ,信立泰,深交所,CNY,34.9,2026-08-14,15.0297,37.037475,74.898005,基本合理,1.32206897,-0.05771114,2026-08-04,2026,797874194.0995,10,ana-data/result/股票估值/20260804_salubris_valuation/信立泰价格合理性评估_20260804.md
002297.SZ,博云新材,深交所,CNY,18.96,2026-08-14,8.032219,17.71813,33.590622,偏贵,1.36049341,0.07009035,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002297_valuation/博云新材价格合理性评估_20260806.md
002318.SZ,久立特材,深交所,CNY,19.53,2026-08-14,19.40625,46.2875,87.94625,基本合理,0.00637681,-0.57807183,2026-08-06,2026,1404682910.0,5,ana-data/result/股票估值/20260806_defense_002318_valuation/久立特材价格合理性评估_20260806.md
002324.SZ,普利特,深交所,CNY,9.29,2026-08-14,4.1067,10.0359,19.78506,基本合理,1.26215696,-0.07432318,2026-08-13,2026,450496180.44,2,ana-data/result/股票估值/20260813_industry_gap_002324_valuation/普利特价格合理性评估_20260813.md
002338.SZ,奥普光电,深交所,CNY,44.89,2026-08-14,6.453621,15.18499,29.231105,明显偏贵,5.95578498,1.95620873,2026-08-04,,,0,ana-data/result/股票估值/20260804_opto_metrology_valuation/奥普光电价格合理性评估_20260804.md
002340.SZ,格林美,深交所,CNY,6.64,2026-08-14,4.3264,10.5728,20.84352,基本合理,0.53476331,-0.37197337,2026-08-13,2026,2177006788.695034,3,ana-data/result/股票估值/20260813_industry_gap_002340_valuation/格林美价格合理性评估_20260813.md
002342.SZ,巨力索具,深交所,CNY,8.19,2026-08-14,0.191937,0.439072,0.834237,明显偏贵,41.67025118,17.65297719,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002342_valuation/巨力索具价格合理性评估_20260806.md
002353.SZ,杰瑞股份,深交所,CNY,150.99,2026-08-14,69.615341,149.440932,286.926589,偏贵,1.16891849,0.01036575,2026-08-06,2026,3801390552.322814,22,ana-data/result/股票估值/20260806_defense_002353_valuation/杰瑞股份价格合理性评估_20260806.md
002371.SZ,北方华创,深交所,CNY,738.66,2026-08-14,264.143478,578.6,1134.056,偏贵,1.79643475,0.27663325,2026-08-04,2026,7302326454.260743,24,ana-data/result/股票估值/20260804_naura_valuation/北方华创价格合理性评估_20260804.md
002373.SZ,千方科技,深交所,CNY,7.77,2026-08-14,5.25,12.075,24.15,基本合理,0.48,-0.35652174,2026-08-04,2026,395047053.75,2,ana-data/result/股票估值/20260805_transinfo_valuation/千方科技价格合理性评估_20260804.md
002383.SZ,合众思壮,深交所,CNY,7.03,2026-08-14,2.027703,3.649865,6.083108,明显偏贵,2.46697717,0.92609864,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002383_valuation/合众思壮价格合理性评估_20260806.md
002384.SZ,东山精密,深交所,CNY,205.19,2026-08-14,81.585,187.6455,375.291,偏贵,1.51504566,0.09349811,2026-08-04,2026,7115795261.82,12,ana-data/result/股票估值/20260804_dongshan_precision_valuation/东山精密价格合理性评估_20260804.md
002389.SZ,航天彩虹,深交所,CNY,18.62,2026-08-14,4.68,10.764,20.40675,偏贵,2.97863248,0.72984021,2026-08-04,2026,192058624.095,4,ana-data/result/股票估值/20260805_casc_rainbow_valuation/航天彩虹价格合理性评估_20260804.md
002402.SZ,和而泰,深交所,CNY,21.14,2026-08-14,12.3525,29.463,55.9797,基本合理,0.71139445,-0.2824899,2026-08-06,2026,846044030.775,4,ana-data/result/股票估值/20260806_defense_002402_valuation/和而泰价格合理性评估_20260806.md
002405.SZ,四维图新,深交所,CNY,6.5,2026-08-14,3.715574,6.688034,11.146723,基本合理,0.74939323,-0.02811499,2026-08-06,2026,-349843053.815,4,ana-data/result/股票估值/20260806_defense_002405_valuation/四维图新价格合理性评估_20260806.md
002406.SZ,远东传动,深交所,CNY,6.78,2026-08-14,3.915,10.15,19.285,基本合理,0.73180077,-0.3320197,2026-08-06,2026,211765273.78,1,ana-data/result/股票估值/20260806_defense_002406_valuation/远东传动价格合理性评估_20260806.md
002409.SZ,雅克科技,深交所,CNY,151.22,2026-08-14,52.958333,129.924444,250.104556,偏贵,1.85545242,0.16390723,2026-08-04,2026,1344231286.084233,9,ana-data/result/股票估值/20260804_yacoo_valuation/雅克科技价格合理性评估_20260804.md
002413.SZ,雷科防务,深交所,CNY,8.64,2026-08-14,2.992139,4.986899,7.480349,明显偏贵,1.88756639,0.7325396,2026-08-04,,,0,ana-data/result/股票估值/20260805_radar_technology_valuation/雷科防务价格合理性评估_20260804.md
002414.SZ,高德红外,深交所,CNY,13.92,2026-08-14,6.96,16.008,30.3485,基本合理,1.0,-0.13043478,2026-08-04,2026,1238513471.32,4,ana-data/result/股票估值/20260805_guide_infrared_refresh_valuation/高德红外价格合理性评估_20260804.md
002415.SZ,海康威视,深交所,CNY,34.88,2026-08-14,33.972694,78.154816,154.076637,基本合理,0.02670692,-0.55370633,2026-08-13,2026,17343313504.227062,19,ana-data/result/股票估值/20260813_industry_gap_002415_valuation/海康威视价格合理性评估_20260813.md
002428.SZ,云南锗业,深交所,CNY,101.59,2026-08-14,8.8088,19.9892,39.40728,明显偏贵,10.5327854,4.08224441,2026-08-13,2026,263425066.666449,3,ana-data/result/股票估值/20260813_industry_gap_002428_valuation/云南锗业价格合理性评估_20260813.md
002429.SZ,兆驰股份,深交所,CNY,8.55,2026-08-14,8.7516,19.8594,39.586404,偏低,-0.02303579,-0.5694734,2026-08-13,2026,1693075787.018,11,ana-data/result/股票估值/20260813_industry_gap_002429_valuation/兆驰股份价格合理性评估_20260813.md
002436.SZ,兴森科技,深交所,CNY,34.82,2026-08-14,3.413571,8.142,15.4698,明显偏贵,9.20046163,3.27659052,2026-08-06,2026,429774600.929757,8,ana-data/result/股票估值/20260806_defense_002436_valuation/兴森科技价格合理性评估_20260806.md
002438.SZ,江苏神通,深交所,CNY,13.92,2026-08-14,9.153,21.8316,41.48004,基本合理,0.52081285,-0.36239213,2026-08-06,2026,344110398.558,5,ana-data/result/股票估值/20260806_defense_002438_valuation/江苏神通价格合理性评估_20260806.md
002446.SZ,盛路通信,深交所,CNY,9.11,2026-08-14,1.004819,2.068745,3.97199,明显偏贵,8.06630945,3.40363602,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002446_valuation/盛路通信价格合理性评估_20260806.md
002448.SZ,中原内配,深交所,CNY,12.39,2026-08-14,12.6225,30.107,57.2033,偏低,-0.01841949,-0.5884678,2026-08-06,2026,550163019.01,4,ana-data/result/股票估值/20260806_defense_002448_valuation/中原内配价格合理性评估_20260806.md
002460.SZ,赣锋锂业,深交所,CNY,53.85,2026-08-14,39.4875,100.9125,197.7885,基本合理,0.3637227,-0.46636938,2026-08-04,2026,7359397358.04,11,ana-data/result/股票估值/20260805_ganfeng_lithium_valuation/赣锋锂业价格合理性评估_20260804.md
002463.SZ,沪电股份,深交所,CNY,121.27,2026-08-14,67.630263,155.549605,314.555868,基本合理,0.79313217,-0.22037732,2026-08-04,2026,5784231663.055911,19,ana-data/result/股票估值/20260804_wus_printed_circuit_valuation/沪电股份价格合理性评估_20260804.md
002465.SZ,海格通信,深交所,CNY,10.6,2026-08-14,2.4,5.52,10.465,明显偏贵,3.41666667,0.92028986,2026-08-06,2026,248183394.8,4,ana-data/result/股票估值/20260806_defense_002465_valuation/海格通信价格合理性评估_20260806.md
002472.SZ,双环传动,深交所,CNY,37.89,2026-08-14,28.325,63.173333,124.3725,基本合理,0.33768756,-0.40022161,2026-08-04,2026,1459162704.600283,9,ana-data/result/股票估值/20260805_shuanghuan_valuation/双环传动价格合理性评估_20260804.md
002475.SZ,立讯精密,深交所,CNY,56.58,2026-08-14,53.602157,123.3985,243.271329,基本合理,0.05555454,-0.54148551,2026-08-13,2026,23119500177.497467,14,ana-data/result/股票估值/20260813_industry_gap_002475_valuation/立讯精密价格合理性评估_20260813.md
002483.SZ,润邦股份,深交所,CNY,5.5,2026-08-14,5.582788,12.771083,24.265058,偏低,-0.01482915,-0.56933958,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002483_valuation/润邦股份价格合理性评估_20260806.md
002487.SZ,大金重工,深交所,CNY,41.85,2026-08-14,39.6786,90.0399,174.877495,基本合理,0.05472471,-0.53520606,2026-08-13,2026,2091564841.034918,20,ana-data/result/股票估值/20260813_industry_gap_002487_valuation/大金重工价格合理性评估_20260813.md
002490.SZ,山东墨龙,深交所,CNY,7.49,2026-08-14,0.631363,1.136453,1.894089,明显偏贵,10.8632229,5.59068171,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002490_valuation/山东墨龙价格合理性评估_20260806.md
002497.SZ,雅化集团,深交所,CNY,19.18,2026-08-14,32.1516,72.9594,141.703368,偏低,-0.40345115,-0.73711407,2026-08-13,2026,2639368170.8,3,ana-data/result/股票估值/20260813_industry_gap_002497_valuation/雅化集团价格合理性评估_20260813.md
002519.SZ,银河电子,深交所,CNY,5.56,2026-08-14,1.968847,3.543925,5.906542,偏贵,1.82398785,0.56888196,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002519_valuation/银河电子价格合理性评估_20260806.md
002520.SZ,日发精机,深交所,CNY,6.65,2026-08-14,0.394572,0.710229,1.183715,明显偏贵,15.85370477,8.36317723,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002520_valuation/日发精机价格合理性评估_20260806.md
002527.SZ,新时达,深交所,CNY,11.75,2026-08-14,1.875923,3.376662,5.62777,明显偏贵,5.26358331,2.47976789,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002527_valuation/新时达价格合理性评估_20260806.md
002544.SZ,普天科技,深交所,CNY,16.96,2026-08-14,1.6875,3.9375,7.56,明显偏贵,9.05037037,3.30730159,2026-08-06,2026,61248050.1,1,ana-data/result/股票估值/20260806_defense_002544_valuation/普天科技价格合理性评估_20260806.md
002552.SZ,宝鼎科技,深交所,CNY,60.65,2026-08-14,6.889081,15.759335,29.942736,明显偏贵,7.80378675,2.84851264,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002552_valuation/宝鼎科技价格合理性评估_20260806.md
002555.SZ,三七互娱,深交所,CNY,19.8,2026-08-14,16.821769,37.811477,73.650182,基本合理,0.17704624,-0.47634947,2026-08-06,2026,3162494321.246722,22,ana-data/result/股票估值/20260806_thirtyseven_interactive_valuation/三七互娱价格合理性评估_20260806.md
002560.SZ,通达股份,深交所,CNY,6.4,2026-08-14,5.4675,13.041,24.7779,基本合理,0.17055327,-0.50924009,2026-08-06,2026,212924120.85,2,ana-data/result/股票估值/20260806_defense_002560_valuation/通达股份价格合理性评估_20260806.md
002594.SZ,比亚迪,深交所,CNY,88.9,2026-08-14,74.683,166.565721,327.926264,基本合理,0.19036461,-0.46627674,2026-08-04,2026,41266646408.89886,33,ana-data/result/股票估值/20260805_byd_valuation/比亚迪价格合理性评估_20260804.md
002623.SZ,亚玛顿,深交所,CNY,15.92,2026-08-14,12.758216,19.846114,31.18675,基本合理,0.24782336,-0.19782785,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_002623_valuation/亚玛顿价格合理性评估_20260813.md
002625.SZ,光启技术,深交所,CNY,30.43,2026-08-14,9.1875,19.7225,37.8672,偏贵,2.31210884,0.54290785,2026-08-06,2026,1055748052.38,2,ana-data/result/股票估值/20260806_defense_002625_valuation/光启技术价格合理性评估_20260806.md
002627.SZ,三峡旅游,深交所,CNY,6.4,2026-08-14,3.2877,7.46055,14.490046,基本合理,0.94664963,-0.1421544,2026-08-13,2026,165246611.098569,12,ana-data/result/股票估值/20260813_industry_gap_002627_valuation/三峡旅游价格合理性评估_20260813.md
002632.SZ,道明光学,深交所,CNY,8.53,2026-08-14,6.6378,16.1875,31.9125,基本合理,0.28506433,-0.47305019,2026-08-13,2026,231101663.3,1,ana-data/result/股票估值/20260813_industry_gap_002632_valuation/道明光学价格合理性评估_20260813.md
002651.SZ,利君股份,深交所,CNY,8.39,2026-08-14,0.759582,1.563845,3.002583,明显偏贵,10.04554874,4.36498182,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002651_valuation/利君股份价格合理性评估_20260806.md
002664.SZ,信质集团,深交所,CNY,16.32,2026-08-14,10.8,28.0,53.2,基本合理,0.51111111,-0.41714286,2026-08-06,2026,326560000.0,1,ana-data/result/股票估值/20260806_defense_002664_valuation/信质集团价格合理性评估_20260806.md
002669.SZ,康达新材,深交所,CNY,12.44,2026-08-14,5.805,15.05,28.595,基本合理,1.14298019,-0.17342193,2026-08-06,2026,130462000.0,1,ana-data/result/股票估值/20260806_defense_002669_valuation/康达新材价格合理性评估_20260806.md
002683.SZ,广东宏大,深交所,CNY,28.42,2026-08-14,32.039062,68.777188,132.0522,偏低,-0.1129578,-0.58678159,2026-08-06,2026,1298653839.56125,8,ana-data/result/股票估值/20260806_defense_002683_valuation/广东宏大价格合理性评估_20260806.md
002708.SZ,光洋股份,深交所,CNY,11.82,2026-08-14,9.3288,22.75,44.85,基本合理,0.26704399,-0.48043956,2026-08-13,2026,292290942.84,1,ana-data/result/股票估值/20260813_industry_gap_002708_valuation/光洋股份价格合理性评估_20260813.md
002709.SZ,天赐材料,深交所,CNY,39.47,2026-08-14,37.141544,94.917279,186.037868,基本合理,0.06269142,-0.58416423,2026-08-04,2026,6730251640.117047,18,ana-data/result/股票估值/20260805_capchem_valuation/天赐材料价格合理性评估_20260804.md
002738.SZ,中矿资源,深交所,CNY,54.1,2026-08-14,35.701875,91.238125,178.826725,基本合理,0.51532658,-0.40704612,2026-08-04,2026,2862068089.574375,16,ana-data/result/股票估值/20260804_sinomine_resource_valuation/中矿资源价格合理性评估_20260804.md
002747.SZ,埃斯顿,深交所,CNY,34.75,2026-08-14,6.4,14.72,29.194667,明显偏贵,4.4296875,1.3607337,2026-08-04,2026,206463669.973011,3,ana-data/result/股票估值/20260805_estun_valuation/埃斯顿价格合理性评估_20260804.md
002773.SZ,康弘药业,深交所,CNY,22.65,2026-08-14,26.662945,65.593125,132.643875,偏低,-0.15050644,-0.65468942,2026-08-04,2026,1167781153.695,3,ana-data/result/股票估值/20260804_conba_hongri_valuation/康弘药业价格合理性评估_20260804.md
002792.SZ,通宇通讯,深交所,CNY,36.34,2026-08-14,2.97,7.084,14.168,明显偏贵,11.23569024,4.12987013,2026-08-04,2026,115243926.6,2,ana-data/result/股票估值/20260804_mobi_antenna_valuation/通宇通讯价格合理性评估_20260804.md
002812.SZ,恩捷股份,深交所,CNY,56.55,2026-08-14,25.731,65.757,128.88372,基本合理,1.19773814,-0.14001551,2026-08-04,2026,2244471714.3696,17,ana-data/result/股票估值/20260805_semeda_valuation/恩捷股份价格合理性评估_20260804.md
002819.SZ,东方中科,深交所,CNY,20.58,2026-08-14,8.989465,16.181038,26.968396,偏贵,1.28934647,0.27185907,2026-08-06,2026,-8988303.0,1,ana-data/result/股票估值/20260806_defense_002819_valuation/东方中科价格合理性评估_20260806.md
002829.SZ,星网宇达,深交所,CNY,21.05,2026-08-14,7.450677,13.411219,22.352032,偏贵,1.82524662,0.56958141,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002829_valuation/星网宇达价格合理性评估_20260806.md
002850.SZ,科达利,深交所,CNY,183.56,2026-08-14,142.514625,317.8508,625.768763,基本合理,0.28800816,-0.42249634,2026-08-04,2026,2473122595.79325,21,ana-data/result/股票估值/20260805_kedali_valuation/科达利价格合理性评估_20260804.md
002859.SZ,洁美科技,深交所,CNY,73.06,2026-08-14,21.72,49.956,99.912,偏贵,2.36372007,0.46248699,2026-08-04,2026,469195401.731558,7,ana-data/result/股票估值/20260804_jiemei_technology_valuation/洁美科技价格合理性评估_20260804.md
002869.SZ,金溢科技,深交所,CNY,15.93,2026-08-14,13.67472,22.7912,34.186799,基本合理,0.1649233,-0.30104602,2026-08-04,,,0,ana-data/result/股票估值/20260805_genvict_valuation/金溢科技价格合理性评估_20260804.md
002886.SZ,沃特股份,深交所,CNY,20.26,2026-08-14,6.6976,15.418667,30.3968,偏贵,2.02496417,0.31399167,2026-08-13,2026,98262664.266579,3,ana-data/result/股票估值/20260813_industry_gap_002886_valuation/沃特股份价格合理性评估_20260813.md
002896.SZ,中大力德,深交所,CNY,77.56,2026-08-14,14.28,32.844,65.1406,明显偏贵,4.43137255,1.36146633,2026-08-04,2026,93544790.92,5,ana-data/result/股票估值/20260805_zhongda_leader_valuation/中大力德价格合理性评估_20260804.md
002916.SZ,深南电路,深交所,CNY,378.0,2026-08-14,179.325,412.4475,834.0605,基本合理,1.10790464,-0.08351972,2026-08-04,2026,5428897762.15,18,ana-data/result/股票估值/20260804_shennan_circuits_valuation/深南电路价格合理性评估_20260804.md
002917.SZ,金奥博,深交所,CNY,10.45,2026-08-14,7.71399,17.646382,33.528126,基本合理,0.35468156,-0.40781062,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002917_valuation/金奥博价格合理性评估_20260806.md
002921.SZ,联诚精密,深交所,CNY,23.13,2026-08-14,8.803166,15.845699,26.409498,偏贵,1.6274638,0.45970209,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002921_valuation/联诚精密价格合理性评估_20260806.md
002933.SZ,新兴装备,深交所,CNY,26.66,2026-08-14,1.910553,3.933491,7.552302,明显偏贵,12.95407508,5.77769442,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002933_valuation/新兴装备价格合理性评估_20260806.md
002935.SZ,天奥电子,深交所,CNY,16.88,2026-08-14,4.00563,8.835949,16.751487,明显偏贵,3.2140687,0.91037771,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002935_valuation/天奥电子价格合理性评估_20260806.md
002965.SZ,祥鑫科技,深交所,CNY,33.11,2026-08-14,1.645926,3.765191,7.153863,明显偏贵,19.11633573,7.7937106,2026-08-06,,,1,ana-data/result/股票估值/20260806_defense_002965_valuation/祥鑫科技价格合理性评估_20260806.md
002967.SZ,广电计量,深交所,CNY,17.53,2026-08-14,18.847059,43.348235,82.181029,偏低,-0.06988141,-0.59560061,2026-08-06,2026,500452197.599963,17,ana-data/result/股票估值/20260806_defense_002967_valuation/广电计量价格合理性评估_20260806.md
002977.SZ,ST天箭,深交所,CNY,21.1,2026-08-14,7.080617,12.745111,21.241852,偏贵,1.97996629,0.65553678,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_002977_valuation/ST天箭价格合理性评估_20260806.md
002979.SZ,雷赛智能,深交所,CNY,60.42,2026-08-14,20.094643,49.298857,94.9003,偏贵,2.00677151,0.22558622,2026-08-04,2026,338702546.59991,7,ana-data/result/股票估值/20260805_leadshine_valuation/雷赛智能价格合理性评估_20260804.md
002980.SZ,华盛昌,深交所,CNY,95.08,2026-08-14,18.36,47.6,90.44,明显偏贵,4.17864924,0.99747899,2026-08-06,2026,257585577.6,1,ana-data/result/股票估值/20260806_defense_002980_valuation/华盛昌价格合理性评估_20260806.md
002984.SZ,森麒麟,深交所,CNY,13.92,2026-08-14,28.6875,61.5825,118.2384,偏低,-0.51477124,-0.77396176,2026-08-06,2026,1585057704.84,13,ana-data/result/股票估值/20260806_defense_002984_valuation/森麒麟价格合理性评估_20260806.md
002985.SZ,北摩高科,深交所,CNY,26.15,2026-08-14,18.768,43.1664,81.8363,基本合理,0.39332907,-0.39420475,2026-08-04,2026,259509515.2,5,ana-data/result/股票估值/20260805_beimo_valuation/北摩高科价格合理性评估_20260804.md
003008.SZ,开普检测,深交所,CNY,19.1,2026-08-14,14.715,38.15,72.485,基本合理,0.29799524,-0.49934469,2026-08-06,2026,113360000.0,1,ana-data/result/股票估值/20260806_defense_003008_valuation/开普检测价格合理性评估_20260806.md
003009.SZ,中天火箭,深交所,CNY,50.0,2026-08-14,4.56,11.4,21.6125,明显偏贵,9.96491228,3.38596491,2026-08-04,2026,31296309.42,1,ana-data/result/股票估值/20260804_zhongtian_rocket_valuation/中天火箭价格合理性评估_20260804.md
003021.SZ,兆威机电,深交所,CNY,81.98,2026-08-14,40.13,92.299,183.059683,基本合理,1.0428607,-0.11179969,2026-08-04,2026,357911778.416756,5,ana-data/result/股票估值/20260805_zhaowei_valuation/兆威机电价格合理性评估_20260804.md
003025.SZ,思进智能,深交所,CNY,12.49,2026-08-14,13.0962,31.9375,62.9625,偏低,-0.04628824,-0.60892368,2026-08-13,2026,207286097.34,1,ana-data/result/股票估值/20260813_industry_gap_003025_valuation/思进智能价格合理性评估_20260813.md
003816.SZ,中国广核,深交所,CNY,3.85,2026-08-14,2.9214,6.629331,12.875634,基本合理,0.3178613,-0.41924758,2026-08-13,2026,10507638640.791191,13,ana-data/result/股票估值/20260813_industry_gap_003816_valuation/中国广核价格合理性评估_20260813.md
300007.SZ,汉威科技,深交所,CNY,34.36,2026-08-14,2.701183,6.179176,11.740434,明显偏贵,11.72035253,4.56061197,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300007_valuation/汉威科技价格合理性评估_20260806.md
300008.SZ,天海防务,深交所,CNY,6.27,2026-08-14,4.84167,11.4,21.6125,基本合理,0.29500771,-0.45,2026-08-04,2026,328325535.27,1,ana-data/result/股票估值/20260805_bestway_marine_valuation/天海防务价格合理性评估_20260804.md
300011.SZ,鼎汉技术,深交所,CNY,5.97,2026-08-14,2.496096,4.492972,7.488287,偏贵,1.39173493,0.32874187,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300011_valuation/鼎汉技术价格合理性评估_20260806.md
300012.SZ,华测检测,深交所,CNY,13.98,2026-08-14,16.8,38.64,73.255,偏低,-0.16785714,-0.63819876,2026-08-06,2026,1177979749.8,18,ana-data/result/股票估值/20260806_defense_300012_valuation/华测检测价格合理性评估_20260806.md
300014.SZ,亿纬锂能,深交所,CNY,56.44,2026-08-14,33.092614,80.8713,159.431991,基本合理,0.70551652,-0.30210099,2026-08-13,2026,7092709782.866925,21,ana-data/result/股票估值/20260813_industry_gap_300014_valuation/亿纬锂能价格合理性评估_20260813.md
300034.SZ,钢研高纳,深交所,CNY,15.75,2026-08-14,6.88,15.824,29.999667,基本合理,1.28924419,-0.00467644,2026-08-04,2026,228462314.726932,3,ana-data/result/股票估值/20260805_cisri_gaona_valuation/钢研高纳价格合理性评估_20260804.md
300036.SZ,超图软件,深交所,CNY,11.5,2026-08-14,5.44,12.512,23.720667,基本合理,1.11397059,-0.08088235,2026-08-06,2026,111693766.520164,3,ana-data/result/股票估值/20260806_defense_300036_valuation/超图软件价格合理性评估_20260806.md
300042.SZ,朗科科技,深交所,CNY,42.74,2026-08-14,6.030979,13.303631,26.926549,明显偏贵,6.0867433,2.21265676,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_300042_valuation/朗科科技价格合理性评估_20260813.md
300045.SZ,华力创通,深交所,CNY,13.31,2026-08-14,2.28924,4.120632,6.86772,明显偏贵,4.81415666,2.23008704,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300045_valuation/华力创通价格合理性评估_20260806.md
300046.SZ,台基股份,深交所,CNY,24.49,2026-08-14,2.889778,6.37451,12.706524,明显偏贵,7.47469944,2.84186392,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_300046_valuation/台基股份价格合理性评估_20260813.md
300053.SZ,航宇微,深交所,CNY,12.82,2026-08-14,2.02938,3.652885,6.088141,明显偏贵,5.31720033,2.50955478,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300053_valuation/航宇微价格合理性评估_20260806.md
300054.SZ,鼎龙股份,深交所,CNY,76.14,2026-08-14,21.280312,52.2077,100.499823,偏贵,2.57795506,0.45840556,2026-08-04,2026,1083302692.912,20,ana-data/result/股票估值/20260804_dinglong_valuation/鼎龙股份价格合理性评估_20260804.md
300065.SZ,海兰信,深交所,CNY,16.76,2026-08-14,1.125,2.625,5.04,明显偏贵,13.89777778,5.3847619,2026-08-06,2026,43229670.18,1,ana-data/result/股票估值/20260806_defense_300065_valuation/海兰信价格合理性评估_20260806.md
300077.SZ,国民技术,深交所,CNY,19.69,2026-08-14,0.468,1.125,2.2425,明显偏贵,41.07264957,16.50222222,2026-08-13,2026,13562534.0,1,ana-data/result/股票估值/20260813_industry_gap_300077_valuation/国民技术价格合理性评估_20260813.md
300084.SZ,海默科技,深交所,CNY,11.5,2026-08-14,2.484728,4.47251,7.454184,明显偏贵,3.6282732,1.57126312,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300084_valuation/海默科技价格合理性评估_20260806.md
300091.SZ,ST金灵,深交所,CNY,2.63,2026-08-14,0.45676,0.822168,1.37028,明显偏贵,4.75794728,2.1988596,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300091_valuation/ST金灵价格合理性评估_20260806.md
300092.SZ,科新机电,深交所,CNY,11.78,2026-08-14,6.21,16.1,30.59,基本合理,0.89694042,-0.26832298,2026-08-06,2026,126004704.66,1,ana-data/result/股票估值/20260806_defense_300092_valuation/科新机电价格合理性评估_20260806.md
300098.SZ,高新兴,深交所,CNY,4.64,2026-08-14,1.828251,3.047084,4.570627,明显偏贵,1.53794474,0.52276734,2026-08-04,,,0,ana-data/result/股票估值/20260805_gosuncn_valuation/高新兴价格合理性评估_20260804.md
300100.SZ,双林股份,深交所,CNY,22.95,2026-08-14,14.58,34.776,66.0744,基本合理,0.57407407,-0.34006211,2026-08-06,2026,612434242.44,5,ana-data/result/股票估值/20260806_defense_300100_valuation/双林股份价格合理性评估_20260806.md
300101.SZ,振芯科技,深交所,CNY,14.86,2026-08-14,0.200534,0.412865,0.7927,明显偏贵,73.10214727,34.99239461,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300101_valuation/振芯科技价格合理性评估_20260806.md
300102.SZ,乾照光电,深交所,CNY,19.0,2026-08-14,4.253697,7.089495,11.343192,明显偏贵,3.46670273,1.68002164,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_300102_valuation/乾照光电价格合理性评估_20260813.md
300112.SZ,万讯自控,深交所,CNY,9.52,2026-08-14,3.395076,6.111136,10.185227,偏贵,1.80406094,0.55781184,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300112_valuation/万讯自控价格合理性评估_20260806.md
300115.SZ,长盈精密,深交所,CNY,27.28,2026-08-14,9.21375,21.9765,41.75535,偏贵,1.96079229,0.24132596,2026-08-05,2026,928804660.875,5,ana-data/result/股票估值/20260805_everwin_precision_valuation/长盈精密价格合理性评估_20260805.md
300123.SZ,ST亚光,深交所,CNY,4.75,2026-08-14,0.305448,0.549806,0.916343,明显偏贵,14.55092847,7.63941099,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300123_valuation/ST亚光价格合理性评估_20260806.md
300124.SZ,汇川技术,深交所,CNY,61.2,2026-08-14,36.829179,82.140229,161.713575,基本合理,0.66172588,-0.25493268,2026-08-04,2026,6043565403.288554,14,ana-data/result/股票估值/20260805_inovance_valuation/汇川技术价格合理性评估_20260804.md
300136.SZ,信维通信,深交所,CNY,68.3,2026-08-14,27.144,61.596,122.78136,偏贵,1.51620984,0.10883824,2026-08-13,2026,1122379620.08,3,ana-data/result/股票估值/20260813_industry_gap_300136_valuation/信维通信价格合理性评估_20260813.md
300139.SZ,晓程科技,深交所,CNY,46.13,2026-08-14,7.028435,16.07812,30.548428,明显偏贵,5.56333878,1.86911654,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300139_valuation/晓程科技价格合理性评估_20260806.md
300145.SZ,南方泵业,深交所,CNY,4.34,2026-08-14,2.025,5.25,9.975,基本合理,1.14320988,-0.17333333,2026-08-06,2026,288036305.4,1,ana-data/result/股票估值/20260806_defense_300145_valuation/南方泵业价格合理性评估_20260806.md
300154.SZ,瑞凌股份,深交所,CNY,10.59,2026-08-14,1.81482,4.15155,7.887945,明显偏贵,4.83528945,1.5508545,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300154_valuation/瑞凌股份价格合理性评估_20260806.md
300157.SZ,新锦动力,深交所,CNY,4.0,2026-08-14,0.191195,0.344151,0.573586,明显偏贵,19.92104919,10.62280511,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300157_valuation/新锦动力价格合理性评估_20260806.md
300159.SZ,新研股份,深交所,CNY,2.98,2026-08-14,0.849018,1.528232,2.547053,明显偏贵,2.50993736,0.94996571,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300159_valuation/新研股份价格合理性评估_20260806.md
300164.SZ,通源石油,深交所,CNY,10.7,2026-08-14,2.339613,4.211303,7.018838,明显偏贵,3.57340594,1.54078132,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300164_valuation/通源石油价格合理性评估_20260806.md
300165.SZ,天瑞仪器,深交所,CNY,5.21,2026-08-14,2.130433,3.83478,6.3913,偏贵,1.44551225,0.3586177,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300165_valuation/天瑞仪器价格合理性评估_20260806.md
300166.SZ,东方国信,深交所,CNY,14.55,2026-08-14,1.4175,3.381,6.4239,明显偏贵,9.26455026,3.30346051,2026-08-06,2026,119568303.54,2,ana-data/result/股票估值/20260806_defense_300166_valuation/东方国信价格合理性评估_20260806.md
300177.SZ,中海达,深交所,CNY,6.3,2026-08-14,1.696263,3.053273,5.088789,明显偏贵,2.7140467,1.06335955,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300177_valuation/中海达价格合理性评估_20260806.md
300185.SZ,通裕重工,深交所,CNY,2.74,2026-08-14,0.256535,0.586846,1.115007,明显偏贵,9.68080379,3.66902731,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300185_valuation/通裕重工价格合理性评估_20260806.md
300188.SZ,国投智能,深交所,CNY,10.74,2026-08-14,2.90449,5.228081,8.713469,明显偏贵,2.69772318,1.05429105,2026-08-06,2026,-335196150.9,1,ana-data/result/股票估值/20260806_defense_300188_valuation/国投智能价格合理性评估_20260806.md
300191.SZ,潜能恒信,深交所,CNY,32.02,2026-08-14,9.030053,20.656984,39.248269,偏贵,2.54593711,0.55008108,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300191_valuation/潜能恒信价格合理性评估_20260806.md
300200.SZ,高盟新材,深交所,CNY,8.97,2026-08-14,5.67,14.7,27.93,基本合理,0.58201058,-0.38979592,2026-08-04,2026,181008746.52,1,ana-data/result/股票估值/20260805_gaomeng_valuation/高盟新材价格合理性评估_20260804.md
300201.SZ,海伦哲,深交所,CNY,14.98,2026-08-14,6.777,16.1644,30.71236,基本合理,1.21041759,-0.07327213,2026-08-06,2026,506539890.714,5,ana-data/result/股票估值/20260806_defense_300201_valuation/海伦哲价格合理性评估_20260806.md
300207.SZ,欣旺达,深交所,CNY,18.38,2026-08-14,13.674514,33.4176,65.880411,基本合理,0.34410627,-0.44999042,2026-08-13,2026,2491435070.033494,8,ana-data/result/股票估值/20260813_industry_gap_300207_valuation/欣旺达价格合理性评估_20260813.md
300213.SZ,佳讯飞鸿,深交所,CNY,6.52,2026-08-14,3.445915,6.202648,10.337746,偏贵,0.89209542,0.05116395,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300213_valuation/佳讯飞鸿价格合理性评估_20260806.md
300215.SZ,电科院,深交所,CNY,6.32,2026-08-14,0.410149,0.904741,1.715238,明显偏贵,14.40903428,5.98542456,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300215_valuation/电科院价格合理性评估_20260806.md
300223.SZ,北京君正,深交所,CNY,143.62,2026-08-14,55.575,126.1125,251.38425,偏贵,1.58425551,0.13882446,2026-08-13,2026,1148702871.625,8,ana-data/result/股票估值/20260813_industry_gap_300223_valuation/北京君正价格合理性评估_20260813.md
300227.SZ,光韵达,深交所,CNY,12.19,2026-08-14,2.452988,4.415378,7.358963,明显偏贵,3.9694495,1.76080553,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300227_valuation/光韵达价格合理性评估_20260806.md
300228.SZ,富瑞特装,深交所,CNY,7.37,2026-08-14,6.121495,14.003421,26.6065,基本合理,0.20395426,-0.47370003,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300228_valuation/富瑞特装价格合理性评估_20260806.md
300236.SZ,上海新阳,深交所,CNY,93.95,2026-08-14,29.5386,67.0299,132.14466,偏贵,2.18058405,0.40161331,2026-08-13,2026,423848346.205,4,ana-data/result/股票估值/20260813_industry_gap_300236_valuation/上海新阳价格合理性评估_20260813.md
300252.SZ,金信诺,深交所,CNY,12.05,2026-08-14,3.325463,5.985834,9.97639,明显偏贵,2.62355558,1.01308623,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300252_valuation/金信诺价格合理性评估_20260806.md
300258.SZ,精锻科技,深交所,CNY,10.18,2026-08-14,5.115,11.408,22.4595,基本合理,0.99022483,-0.10764376,2026-08-05,2026,181364645.33,2,ana-data/result/股票估值/20260805_precision_ts_valuation/精锻科技价格合理性评估_20260805.md
300259.SZ,新天科技,深交所,CNY,4.41,2026-08-14,2.161863,4.945439,9.396334,基本合理,1.03990725,-0.10826926,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300259_valuation/新天科技价格合理性评估_20260806.md
300260.SZ,新莱应材,深交所,CNY,59.82,2026-08-14,11.15625,27.37,52.68725,明显偏贵,4.36201681,1.18560468,2026-08-04,2026,242645017.44,2,ana-data/result/股票估值/20260804_kinglai_hygienic_valuation/新莱应材价格合理性评估_20260804.md
300274.SZ,阳光电源,深交所,CNY,116.72,2026-08-14,103.65786,235.223605,456.856514,基本合理,0.12601206,-0.5037913,2026-08-13,2026,15306599682.291965,27,ana-data/result/股票估值/20260813_industry_gap_300274_valuation/阳光电源价格合理性评估_20260813.md
300279.SZ,和晶科技,深交所,CNY,5.71,2026-08-14,1.924576,2.993785,4.704519,明显偏贵,1.96688725,0.90728459,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_300279_valuation/和晶科技价格合理性评估_20260813.md
300285.SZ,国瓷材料,深交所,CNY,70.96,2026-08-14,17.486,40.2178,80.4356,偏贵,3.05810363,0.76439288,2026-08-04,2026,830208883.634332,18,ana-data/result/股票估值/20260804_sinocera_valuation/国瓷材料价格合理性评估_20260804.md
300289.SZ,利德曼,深交所,CNY,5.98,2026-08-14,3.005718,5.410293,9.017154,偏贵,0.98954127,0.10530058,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300289_valuation/利德曼价格合理性评估_20260806.md
300306.SZ,远方信息,深交所,CNY,9.93,2026-08-14,2.866549,6.557466,12.459185,偏贵,2.46409568,0.51430446,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300306_valuation/远方信息价格合理性评估_20260806.md
300308.SZ,中际旭创,深交所,CNY,943.0,2026-08-14,624.083304,1435.391598,2902.680788,基本合理,0.51101623,-0.34303642,2026-08-05,2026,30819128912.955963,29,ana-data/result/股票估值/20260805_innolight_valuation/中际旭创价格合理性评估_20260805.md
300316.SZ,晶盛机电,深交所,CNY,43.49,2026-08-14,19.5624,44.3916,86.785578,基本合理,1.22314235,-0.02031015,2026-08-13,2026,1026347113.39875,8,ana-data/result/股票估值/20260813_industry_gap_300316_valuation/晶盛机电价格合理性评估_20260813.md
300318.SZ,博晖创新,深交所,CNY,5.16,2026-08-14,1.565728,2.818311,4.697185,明显偏贵,2.29559157,0.83088382,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300318_valuation/博晖创新价格合理性评估_20260806.md
300319.SZ,麦捷科技,深交所,CNY,19.24,2026-08-14,10.998,26.4375,52.69875,基本合理,0.74940898,-0.27224586,2026-08-13,2026,417166512.28,1,ana-data/result/股票估值/20260813_industry_gap_300319_valuation/麦捷科技价格合理性评估_20260813.md
300323.SZ,华灿光电,深交所,CNY,12.25,2026-08-14,3.67828,6.130467,9.808747,明显偏贵,2.33036093,0.99821645,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_300323_valuation/华灿光电价格合理性评估_20260813.md
300324.SZ,旋极信息,深交所,CNY,3.74,2026-08-14,1.432295,2.578132,4.296886,偏贵,1.61119392,0.45066273,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300324_valuation/旋极信息价格合理性评估_20260806.md
300327.SZ,中颖电子,深交所,CNY,23.12,2026-08-14,2.327242,5.323755,10.115135,明显偏贵,8.93450617,3.3427994,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300327_valuation/中颖电子价格合理性评估_20260806.md
300339.SZ,润和软件,深交所,CNY,36.72,2026-08-14,3.456,8.2432,15.66208,明显偏贵,9.625,3.45458075,2026-08-06,2026,203881175.296,5,ana-data/result/股票估值/20260806_defense_300339_valuation/润和软件价格合理性评估_20260806.md
300342.SZ,天银机电,深交所,CNY,37.25,2026-08-14,0.639273,1.31615,2.527009,明显偏贵,57.2693153,27.30224518,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300342_valuation/天银机电价格合理性评估_20260806.md
300346.SZ,南大光电,深交所,CNY,58.71,2026-08-14,12.0,29.44,56.672,明显偏贵,3.8925,0.99422554,2026-08-04,2026,442340417.92,4,ana-data/result/股票估值/20260804_nanda_opto_valuation/南大光电价格合理性评估_20260804.md
300349.SZ,金卡智能,深交所,CNY,10.57,2026-08-14,10.395,26.95,51.205,基本合理,0.01683502,-0.60779221,2026-08-06,2026,321254251.01,1,ana-data/result/股票估值/20260806_defense_300349_valuation/金卡智能价格合理性评估_20260806.md
300351.SZ,永贵电器,深交所,CNY,14.53,2026-08-14,6.9966,17.0625,33.6375,基本合理,1.07672298,-0.14842491,2026-08-13,2026,151673157.48,1,ana-data/result/股票估值/20260813_industry_gap_300351_valuation/永贵电器价格合理性评估_20260813.md
300353.SZ,东土科技,深交所,CNY,18.88,2026-08-14,4.625,9.928333,19.0624,偏贵,3.08216216,0.9016284,2026-08-06,2026,151673577.313538,3,ana-data/result/股票估值/20260806_defense_300353_valuation/东土科技价格合理性评估_20260806.md
300354.SZ,东华测试,深交所,CNY,30.7,2026-08-14,27.36,62.928,119.301,基本合理,0.12207602,-0.51214086,2026-08-06,2026,157685029.14,3,ana-data/result/股票估值/20260806_defense_300354_valuation/东华测试价格合理性评估_20260806.md
300357.SZ,我武生物,深交所,CNY,25.87,2026-08-14,17.92,44.16,89.301333,基本合理,0.44363839,-0.41417572,2026-08-04,2026,446791679.999826,6,ana-data/result/股票估值/20260804_wolwo_bio_valuation/我武生物价格合理性评估_20260804.md
300369.SZ,绿盟科技,深交所,CNY,7.79,2026-08-14,1.35,3.22,6.118,明显偏贵,4.77037037,1.41925466,2026-08-06,2026,81062188.7,2,ana-data/result/股票估值/20260806_defense_300369_valuation/绿盟科技价格合理性评估_20260806.md
300371.SZ,汇中股份,深交所,CNY,10.3,2026-08-14,4.427381,10.127996,19.243193,偏贵,1.32643181,0.01698302,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300371_valuation/汇中股份价格合理性评估_20260806.md
300373.SZ,扬杰科技,深交所,CNY,96.38,2026-08-14,64.117667,147.470633,294.941267,基本合理,0.50317384,-0.34644615,2026-08-04,2026,1658961537.663546,9,ana-data/result/股票估值/20260804_yangjie_technology_valuation/扬杰科技价格合理性评估_20260804.md
300390.SZ,天华新能,深交所,CNY,67.27,2026-08-14,64.5,164.833333,323.073333,基本合理,0.04294574,-0.5918908,2026-08-04,2026,4762971184.533056,3,ana-data/result/股票估值/20260805_canmax_valuation/天华新能价格合理性评估_20260804.md
300394.SZ,天孚通信,深交所,CNY,267.71,2026-08-14,55.269,131.8268,250.47092,明显偏贵,3.84376414,1.03077068,2026-08-06,2026,3182740657.754,16,ana-data/result/股票估值/20260806_defense_300394_valuation/天孚通信价格合理性评估_20260806.md
300395.SZ,菲利华,深交所,CNY,93.4,2026-08-14,39.28,90.344,171.277167,偏贵,1.37780041,0.03382626,2026-08-06,2026,854778091.476841,13,ana-data/result/股票估值/20260806_defense_300395_valuation/菲利华价格合理性评估_20260806.md
300397.SZ,天和防务,深交所,CNY,11.71,2026-08-14,2.768453,4.983215,8.305358,明显偏贵,3.2297991,1.34988858,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300397_valuation/天和防务价格合理性评估_20260806.md
300406.SZ,九强生物,深交所,CNY,12.08,2026-08-14,9.5175,22.701,43.1319,基本合理,0.26924087,-0.46786485,2026-08-06,2026,413347582.74,2,ana-data/result/股票估值/20260806_defense_300406_valuation/九强生物价格合理性评估_20260806.md
300408.SZ,三环集团,深交所,CNY,129.09,2026-08-14,39.015,89.7345,179.469,偏贵,2.30872741,0.43857714,2026-08-04,2026,3693163004.479002,14,ana-data/result/股票估值/20260804_sunlord_ceramics_valuation/三环集团价格合理性评估_20260804.md
300411.SZ,金盾股份,深交所,CNY,7.43,2026-08-14,2.372541,4.270574,7.117624,明显偏贵,2.13166348,0.73981296,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300411_valuation/金盾股份价格合理性评估_20260806.md
300414.SZ,中光防雷,深交所,CNY,11.37,2026-08-14,0.657957,1.505129,2.859746,明显偏贵,16.28076455,6.55416978,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300414_valuation/中光防雷价格合理性评估_20260806.md
300416.SZ,苏试试验,深交所,CNY,15.0,2026-08-14,14.66,33.718,63.923708,基本合理,0.02319236,-0.55513376,2026-08-06,2026,310637951.498164,13,ana-data/result/股票估值/20260806_defense_300416_valuation/苏试试验价格合理性评估_20260806.md
300417.SZ,南华仪器,深交所,CNY,10.92,2026-08-14,3.370072,6.06613,10.110217,明显偏贵,2.24028685,0.80015924,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300417_valuation/南华仪器价格合理性评估_20260806.md
300420.SZ,五洋自控,深交所,CNY,8.09,2026-08-14,1.35,3.5,6.65,明显偏贵,4.99259259,1.31142857,2026-08-06,2026,111638356.1,1,ana-data/result/股票估值/20260806_defense_300420_valuation/五洋自控价格合理性评估_20260806.md
300421.SZ,力星股份,深交所,CNY,17.57,2026-08-14,2.932883,6.709209,12.747497,明显偏贵,4.99069243,1.61878859,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300421_valuation/力星股份价格合理性评估_20260806.md
300424.SZ,航新科技,深交所,CNY,14.42,2026-08-14,2.995163,5.391294,8.98549,明显偏贵,3.81442913,1.67468255,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300424_valuation/航新科技价格合理性评估_20260806.md
300428.SZ,立中集团,深交所,CNY,18.67,2026-08-14,20.466,48.8152,92.74888,偏低,-0.0877553,-0.61753716,2026-08-06,2026,1039341634.348,6,ana-data/result/股票估值/20260806_defense_300428_valuation/立中集团价格合理性评估_20260806.md
300433.SZ,蓝思科技,深交所,CNY,35.74,2026-08-14,20.278125,46.639687,93.279375,基本合理,0.76249037,-0.23369983,2026-08-05,2026,5097284152.59375,16,ana-data/result/股票估值/20260805_lens_technology_valuation/蓝思科技价格合理性评估_20260805.md
300435.SZ,中泰股份,深交所,CNY,17.2,2026-08-14,19.6452,46.85744,89.029136,偏低,-0.12446806,-0.63292916,2026-08-06,2026,561289557.6,4,ana-data/result/股票估值/20260806_defense_300435_valuation/中泰股份价格合理性评估_20260806.md
300438.SZ,鹏辉能源,深交所,CNY,65.78,2026-08-14,61.42656,141.4112,278.78208,基本合理,0.07087227,-0.53483175,2026-08-13,2026,1723447664.64,11,ana-data/result/股票估值/20260813_industry_gap_300438_valuation/鹏辉能源价格合理性评估_20260813.md
300443.SZ,金雷股份,深交所,CNY,20.53,2026-08-14,24.96936,56.66124,110.048719,偏低,-0.1777923,-0.63767118,2026-08-13,2026,569341597.287413,10,ana-data/result/股票估值/20260813_industry_gap_300443_valuation/金雷股份价格合理性评估_20260813.md
300445.SZ,康斯特,深交所,CNY,18.79,2026-08-14,7.979247,18.253179,34.68104,偏贵,1.3548588,0.02940973,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300445_valuation/康斯特价格合理性评估_20260806.md
300446.SZ,航天智造,深交所,CNY,13.76,2026-08-14,15.39,36.708,69.7452,偏低,-0.10591293,-0.62514983,2026-08-06,2026,963767526.54,4,ana-data/result/股票估值/20260806_defense_300446_valuation/航天智造价格合理性评估_20260806.md
300447.SZ,全信股份,深交所,CNY,13.86,2026-08-14,1.972741,4.351634,8.249973,明显偏贵,6.02575756,2.1850105,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300447_valuation/全信股份价格合理性评估_20260806.md
300450.SZ,先导智能,深交所,CNY,34.78,2026-08-14,40.25,96.983333,185.15,偏低,-0.13590062,-0.64138168,2026-08-04,2026,2567139532.132775,15,ana-data/result/股票估值/20260805_lead_intelligent_valuation/先导智能价格合理性评估_20260804.md
300454.SZ,深信服,深交所,CNY,124.07,2026-08-14,17.648043,41.681111,79.194111,明显偏贵,6.03024126,1.9766481,2026-08-06,2026,544479888.444258,18,ana-data/result/股票估值/20260806_defense_300454_valuation/深信服价格合理性评估_20260806.md
300455.SZ,航天智装,深交所,CNY,19.06,2026-08-14,2.325654,4.186177,6.976962,明显偏贵,7.19554414,3.55308029,2026-08-04,,,0,ana-data/result/股票估值/20260804_aerospace_intelligent_valuation/航天智装价格合理性评估_20260804.md
300456.SZ,赛微电子,深交所,CNY,31.72,2026-08-14,9.046393,16.283507,27.139178,明显偏贵,2.50636989,0.94798332,2026-08-04,,,0,ana-data/result/股票估值/20260804_sai_microelectronics_valuation/赛微电子价格合理性评估_20260804.md
300458.SZ,全志科技,深交所,CNY,33.95,2026-08-14,12.753,28.9395,57.68607,偏贵,1.66211872,0.17313706,2026-08-13,2026,541532355.205,2,ana-data/result/股票估值/20260813_industry_gap_300458_valuation/全志科技价格合理性评估_20260813.md
300470.SZ,中密控股,深交所,CNY,28.41,2026-08-14,38.15625,81.90875,157.2648,偏低,-0.25542998,-0.65315061,2026-08-06,2026,423628548.695,2,ana-data/result/股票估值/20260806_defense_300470_valuation/中密控股价格合理性评估_20260806.md
300474.SZ,景嘉微,深交所,CNY,52.0,2026-08-14,0.32,0.736,1.395333,明显偏贵,161.5,69.65217391,2026-08-06,2026,6968256.306492,3,ana-data/result/股票估值/20260806_defense_300474_valuation/景嘉微价格合理性评估_20260806.md
300476.SZ,胜宏科技,深交所,CNY,269.33,2026-08-14,216.207692,497.277692,1005.606,基本合理,0.24570036,-0.45839115,2026-08-05,2026,8384604579.997126,13,ana-data/result/股票估值/20260805_victory_giant_valuation/胜宏科技价格合理性评估_20260805.md
300480.SZ,光力科技,深交所,CNY,35.31,2026-08-14,6.318,14.337,28.57842,明显偏贵,4.58879392,1.46285834,2026-08-13,2026,99960102.0,3,ana-data/result/股票估值/20260813_industry_gap_300480_valuation/光力科技价格合理性评估_20260813.md
300488.SZ,恒锋工具,深交所,CNY,32.51,2026-08-14,13.444603,30.755627,58.435692,偏贵,1.41807066,0.05704234,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300488_valuation/恒锋工具价格合理性评估_20260806.md
300489.SZ,光智科技,深交所,CNY,252.0,2026-08-14,23.085,59.85,113.715,明显偏贵,9.91617934,3.21052632,2026-08-06,2026,235420547.85,1,ana-data/result/股票估值/20260806_defense_300489_valuation/光智科技价格合理性评估_20260806.md
300496.SZ,中科创达,深交所,CNY,59.81,2026-08-14,18.39,43.863556,83.340756,偏贵,2.25231104,0.36354654,2026-08-06,2026,627672691.715453,9,ana-data/result/股票估值/20260806_defense_300496_valuation/中科创达价格合理性评估_20260806.md
300502.SZ,新易盛,深交所,CNY,448.08,2026-08-14,244.262647,582.611647,1106.962129,基本合理,0.83441883,-0.23091136,2026-08-06,2026,17985136722.24029,18,ana-data/result/股票估值/20260806_defense_300502_valuation/新易盛价格合理性评估_20260806.md
300504.SZ,天邑股份,深交所,CNY,15.23,2026-08-14,7.733177,13.919719,23.199531,偏贵,0.96943636,0.09413128,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300504_valuation/天邑股份价格合理性评估_20260806.md
300515.SZ,三德科技,深交所,CNY,16.49,2026-08-14,12.634705,28.90292,54.915548,基本合理,0.30513534,-0.42946941,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300515_valuation/三德科技价格合理性评估_20260806.md
300516.SZ,久之洋,深交所,CNY,32.62,2026-08-14,1.393014,2.86797,5.506502,明显偏贵,22.41685008,10.37389861,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300516_valuation/久之洋价格合理性评估_20260806.md
300520.SZ,科大国创,深交所,CNY,25.66,2026-08-14,5.859877,10.547778,17.579631,明显偏贵,3.3789315,1.43273986,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300520_valuation/科大国创价格合理性评估_20260806.md
300525.SZ,博思软件,深交所,CNY,8.74,2026-08-14,5.22,13.05,25.375,基本合理,0.6743295,-0.3302682,2026-08-06,2026,219951508.62,1,ana-data/result/股票估值/20260806_boss_software_valuation/博思软件价格合理性评估_20260806.md
300527.SZ,ST应急,深交所,CNY,7.79,2026-08-14,0.373649,0.769277,1.477011,明显偏贵,19.84844333,9.1263914,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300527_valuation/ST应急价格合理性评估_20260806.md
300548.SZ,长芯博创,深交所,CNY,194.67,2026-08-14,31.771591,70.084391,141.726214,明显偏贵,5.12717191,1.7776513,2026-08-05,,,0,ana-data/result/股票估值/20260805_changxin_bochuang_valuation/长芯博创价格合理性评估_20260805.md
300552.SZ,万集科技,深交所,CNY,21.84,2026-08-14,9.774082,16.290137,24.435205,偏贵,1.23448095,0.34068854,2026-08-04,,,0,ana-data/result/股票估值/20260805_wanji_valuation/万集科技价格合理性评估_20260804.md
300563.SZ,神宇股份,深交所,CNY,23.76,2026-08-14,6.113811,13.985841,26.573098,偏贵,2.88628304,0.69886101,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300563_valuation/神宇股份价格合理性评估_20260806.md
300567.SZ,精测电子,深交所,CNY,223.44,2026-08-14,31.73625,76.46925,145.98675,明显偏贵,6.04052936,1.92195883,2026-08-04,2026,338213918.679,10,ana-data/result/股票估值/20260804_precision_measurement_valuation/精测电子价格合理性评估_20260804.md
300569.SZ,天能重工,深交所,CNY,4.84,2026-08-14,1.636594,3.743843,7.113302,偏贵,1.95736145,0.29278925,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300569_valuation/天能重工价格合理性评估_20260806.md
300570.SZ,太辰光,深交所,CNY,161.5,2026-08-14,32.7915,78.2138,148.60622,明显偏贵,3.9250568,1.06485301,2026-08-06,2026,551691159.943,5,ana-data/result/股票估值/20260806_defense_300570_valuation/太辰光价格合理性评估_20260806.md
300572.SZ,安车检测,深交所,CNY,20.17,2026-08-14,7.027175,12.648915,21.081525,偏贵,1.87028571,0.59460317,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300572_valuation/安车检测价格合理性评估_20260806.md
300576.SZ,容大感光,深交所,CNY,32.11,2026-08-14,5.688543,13.384807,25.765754,明显偏贵,4.64467914,1.39898864,2026-08-04,,,0,ana-data/result/股票估值/20260805_rongda_photosensitive_valuation/容大感光价格合理性评估_20260804.md
300580.SZ,贝斯特,深交所,CNY,21.83,2026-08-14,12.234375,30.015,57.778875,基本合理,0.78431673,-0.27269698,2026-08-04,2026,327765602.205,4,ana-data/result/股票估值/20260805_best_valuation/贝斯特价格合理性评估_20260804.md
300581.SZ,晨曦航空,深交所,CNY,10.28,2026-08-14,1.664394,2.995909,4.993181,明显偏贵,5.17642217,2.43134588,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300581_valuation/晨曦航空价格合理性评估_20260806.md
300589.SZ,江龙船艇,深交所,CNY,13.32,2026-08-14,1.839762,3.311572,5.519286,明显偏贵,6.24006692,3.02225892,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300589_valuation/江龙船艇价格合理性评估_20260806.md
300600.SZ,国瑞科技,深交所,CNY,10.16,2026-08-14,4.078006,7.340411,12.234018,偏贵,1.4914137,0.38411868,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300600_valuation/国瑞科技价格合理性评估_20260806.md
300602.SZ,飞荣达,深交所,CNY,38.7,2026-08-14,22.4848,51.762667,102.0464,基本合理,0.72116274,-0.25235692,2026-08-13,2026,729268833.519806,3,ana-data/result/股票估值/20260813_industry_gap_300602_valuation/飞荣达价格合理性评估_20260813.md
300604.SZ,长川科技,深交所,CNY,283.05,2026-08-14,92.6275,202.898333,397.680733,偏贵,2.05578797,0.39503364,2026-08-04,2026,2238651815.934878,6,ana-data/result/股票估值/20260804_changchuan_technology_valuation/长川科技价格合理性评估_20260804.md
300607.SZ,拓斯达,深交所,CNY,35.7,2026-08-14,6.0,14.72,28.336,明显偏贵,4.95,1.42527174,2026-08-04,2026,152631171.84,4,ana-data/result/股票估值/20260805_topstar_valuation/拓斯达价格合理性评估_20260804.md
300613.SZ,富瀚微,深交所,CNY,75.91,2026-08-14,13.332839,30.499959,57.949923,明显偏贵,4.69346109,1.4888558,2026-08-06,,,1,ana-data/result/股票估值/20260806_defense_300613_valuation/富瀚微价格合理性评估_20260806.md
300620.SZ,光库科技,深交所,CNY,321.91,2026-08-14,18.63,44.436,84.4284,明显偏贵,16.2791197,6.24435143,2026-08-06,2026,343869152.1,2,ana-data/result/股票估值/20260806_defense_300620_valuation/光库科技价格合理性评估_20260806.md
300623.SZ,捷捷微电,深交所,CNY,26.87,2026-08-14,20.2878,48.76875,97.212375,基本合理,0.32444129,-0.44903242,2026-08-13,2026,721413289.773,1,ana-data/result/股票估值/20260813_industry_gap_300623_valuation/捷捷微电价格合理性评估_20260813.md
300624.SZ,万兴科技,深交所,CNY,54.86,2026-08-14,2.4975,5.957,11.3183,明显偏贵,20.96596597,8.20933356,2026-08-06,2026,35767219.94,6,ana-data/result/股票估值/20260806_defense_300624_valuation/万兴科技价格合理性评估_20260806.md
300627.SZ,华测导航,深交所,CNY,28.74,2026-08-14,24.624,56.6352,107.3709,基本合理,0.167154,-0.49254174,2026-08-06,2026,807351654.726,6,ana-data/result/股票估值/20260806_defense_300627_valuation/华测导航价格合理性评估_20260806.md
300628.SZ,亿联网络,深交所,CNY,39.76,2026-08-14,32.319,77.0868,146.46492,基本合理,0.23023608,-0.48421779,2026-08-06,2026,3032553743.478,5,ana-data/result/股票估值/20260806_defense_300628_valuation/亿联网络价格合理性评估_20260806.md
300629.SZ,新劲刚,深交所,CNY,17.58,2026-08-14,11.928098,26.311981,49.883131,基本合理,0.47383095,-0.33186331,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300629_valuation/新劲刚价格合理性评估_20260806.md
300644.SZ,南京聚隆,深交所,CNY,21.48,2026-08-14,21.714931,48.594795,95.801168,偏低,-0.01081887,-0.55797735,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_300644_valuation/南京聚隆价格合理性评估_20260813.md
300655.SZ,晶瑞电材,深交所,CNY,13.34,2026-08-14,2.6208,5.9472,11.72448,明显偏贵,4.09004884,1.24307237,2026-08-13,2026,128756998.8,3,ana-data/result/股票估值/20260813_industry_gap_300655_valuation/晶瑞电材价格合理性评估_20260813.md
300660.SZ,江苏雷利,深交所,CNY,26.75,2026-08-14,12.75,34.0,65.45,基本合理,1.09803922,-0.21323529,2026-08-04,2026,395268708.16,1,ana-data/result/股票估值/20260805_jiangsu_leili_valuation/江苏雷利价格合理性评估_20260804.md
300661.SZ,圣邦股份,深交所,CNY,123.0,2026-08-14,30.994364,70.333364,140.197838,偏贵,2.96846343,0.7488144,2026-08-13,2026,908062474.758779,11,ana-data/result/股票估值/20260813_industry_gap_300661_valuation/圣邦股份价格合理性评估_20260813.md
300663.SZ,科蓝软件,深交所,CNY,9.06,2026-08-14,0.785236,1.413426,2.355709,明显偏贵,10.53793255,5.40995708,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300663_valuation/科蓝软件价格合理性评估_20260806.md
300666.SZ,江丰电子,深交所,CNY,255.9,2026-08-14,58.105,142.550933,274.410547,偏贵,3.40409603,0.79514784,2026-08-04,2026,855215988.144708,15,ana-data/result/股票估值/20260804_jiangfeng_material_valuation/江丰电子价格合理性评估_20260804.md
300667.SZ,必创科技,深交所,CNY,14.33,2026-08-14,5.050195,9.090351,15.150585,偏贵,1.83751419,0.57639677,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300667_valuation/必创科技价格合理性评估_20260806.md
300671.SZ,富满微,深交所,CNY,64.19,2026-08-14,7.567867,13.62216,22.703601,明显偏贵,7.48191439,3.71217487,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300671_valuation/富满微价格合理性评估_20260806.md
300672.SZ,国科微,深交所,CNY,174.11,2026-08-14,25.893,61.7596,117.34324,明显偏贵,5.72421118,1.81915686,2026-08-06,2026,416402502.936,5,ana-data/result/股票估值/20260806_defense_300672_valuation/国科微价格合理性评估_20260806.md
300674.SZ,宇信科技,深交所,CNY,15.76,2026-08-14,9.675,23.076667,43.845667,基本合理,0.62894057,-0.31705909,2026-08-06,2026,504574226.333568,5,ana-data/result/股票估值/20260806_defense_300674_valuation/宇信科技价格合理性评估_20260806.md
300680.SZ,隆盛科技,深交所,CNY,21.76,2026-08-14,16.84125,40.1695,76.32205,基本合理,0.29206561,-0.45829547,2026-08-06,2026,284075807.305,8,ana-data/result/股票估值/20260806_defense_300680_valuation/隆盛科技价格合理性评估_20260806.md
300681.SZ,英搏尔,深交所,CNY,21.94,2026-08-14,15.1294,34.829667,68.6642,基本合理,0.45015665,-0.37007724,2026-08-13,2026,258106670.066565,3,ana-data/result/股票估值/20260813_industry_gap_300681_valuation/英搏尔价格合理性评估_20260813.md
300684.SZ,中石科技,深交所,CNY,67.36,2026-08-14,29.9598,73.0625,144.0375,基本合理,1.24834612,-0.07804962,2026-08-13,2026,500180402.41,1,ana-data/result/股票估值/20260813_industry_gap_300684_valuation/中石科技价格合理性评估_20260813.md
300685.SZ,艾德生物,深交所,CNY,19.53,2026-08-14,14.464286,34.5,65.55,基本合理,0.3502222,-0.43391304,2026-08-06,2026,419503011.428739,6,ana-data/result/股票估值/20260806_defense_300685_valuation/艾德生物价格合理性评估_20260806.md
300695.SZ,兆丰股份,深交所,CNY,51.96,2026-08-14,34.983,85.3125,168.1875,基本合理,0.48529286,-0.39094505,2026-08-13,2026,199401001.8,1,ana-data/result/股票估值/20260813_industry_gap_300695_valuation/兆丰股份价格合理性评估_20260813.md
300696.SZ,爱乐达,深交所,CNY,22.06,2026-08-14,3.474967,7.154343,13.736339,明显偏贵,5.34826172,2.08344176,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300696_valuation/爱乐达价格合理性评估_20260806.md
300699.SZ,光威复材,深交所,CNY,25.54,2026-08-14,21.52,49.496,93.836167,基本合理,0.18680297,-0.48399871,2026-08-06,2026,745445626.666944,9,ana-data/result/股票估值/20260806_defense_300699_valuation/光威复材价格合理性评估_20260806.md
300718.SZ,长盛轴承,深交所,CNY,65.25,2026-08-14,15.473009,34.626298,68.263273,偏贵,3.21702075,0.88440589,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_300718_valuation/长盛轴承价格合理性评估_20260813.md
300719.SZ,安达维尔,深交所,CNY,11.66,2026-08-14,3.971379,7.148482,11.914137,偏贵,1.93600787,0.63111553,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300719_valuation/安达维尔价格合理性评估_20260806.md
300722.SZ,新余国科,深交所,CNY,21.75,2026-08-14,6.334381,13.041372,25.039434,偏贵,2.43364253,0.66776931,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300722_valuation/新余国科价格合理性评估_20260806.md
300726.SZ,宏达电子,深交所,CNY,55.8,2026-08-14,26.88,61.824,117.208,基本合理,1.07589286,-0.09743789,2026-08-06,2026,461260626.4,3,ana-data/result/股票估值/20260806_defense_300726_valuation/宏达电子价格合理性评估_20260806.md
300750.SZ,宁德时代,深交所,CNY,393.93,2026-08-14,342.998878,764.991438,1506.076893,基本合理,0.14848772,-0.48505306,2026-08-04,2026,96178027143.0801,38,ana-data/result/股票估值/20260805_catl_valuation/宁德时代价格合理性评估_20260804.md
300757.SZ,罗博特科,深交所,CNY,516.0,2026-08-14,4.95,11.04,21.735,明显偏贵,103.24242424,45.73913043,2026-08-05,2026,50282433.3,2,ana-data/result/股票估值/20260805_robotechnik_valuation/罗博特科价格合理性评估_20260805.md
300762.SZ,上海瀚讯,深交所,CNY,32.3,2026-08-14,1.04,2.392,4.534833,明显偏贵,30.05769231,12.50334448,2026-08-04,2026,27211850.119791,3,ana-data/result/股票估值/20260804_shanghai_hanxun_valuation/上海瀚讯价格合理性评估_20260804.md
300768.SZ,迪普科技,深交所,CNY,16.47,2026-08-14,4.5225,10.787,20.4953,偏贵,2.64179104,0.52683786,2026-08-06,2026,215682728.065,2,ana-data/result/股票估值/20260806_defense_300768_valuation/迪普科技价格合理性评估_20260806.md
300775.SZ,三角防务,深交所,CNY,21.59,2026-08-14,17.52,43.8,83.0375,基本合理,0.23230594,-0.50707763,2026-08-06,2026,399710231.26,1,ana-data/result/股票估值/20260806_defense_300775_valuation/三角防务价格合理性评估_20260806.md
300777.SZ,中简科技,深交所,CNY,24.23,2026-08-14,13.03845,28.2,53.4625,基本合理,0.85834973,-0.14078014,2026-08-06,2026,206662542.39,1,ana-data/result/股票估值/20260806_defense_300777_valuation/中简科技价格合理性评估_20260806.md
300782.SZ,卓胜微,深交所,CNY,78.87,2026-08-14,15.211854,25.35309,40.564944,明显偏贵,4.18477235,2.11086341,2026-08-13,2026,-110205838.983525,7,ana-data/result/股票估值/20260813_industry_gap_300782_valuation/卓胜微价格合理性评估_20260813.md
300797.SZ,钢研纳克,深交所,CNY,12.76,2026-08-14,11.46,26.358,49.970375,基本合理,0.11343805,-0.5158965,2026-08-06,2026,182752720.275,4,ana-data/result/股票估值/20260806_defense_300797_valuation/钢研纳克价格合理性评估_20260806.md
300809.SZ,华辰装备,深交所,CNY,24.94,2026-08-14,2.059051,4.607851,9.084049,明显偏贵,11.11237604,4.4125014,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_300809_valuation/华辰装备价格合理性评估_20260813.md
300810.SZ,中科海讯,深交所,CNY,24.4,2026-08-14,6.527316,11.749169,19.581949,明显偏贵,2.73813678,1.07674262,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300810_valuation/中科海讯价格合理性评估_20260806.md
300811.SZ,铂科新材,深交所,CNY,78.17,2026-08-14,27.405,65.366,124.1954,偏贵,1.8523992,0.19588165,2026-08-06,2026,588294576.52,3,ana-data/result/股票估值/20260806_defense_300811_valuation/铂科新材价格合理性评估_20260806.md
300820.SZ,英杰电气,深交所,CNY,55.38,2026-08-14,37.1904,84.3936,164.989488,基本合理,0.48909396,-0.3437891,2026-08-13,2026,331084165.62,5,ana-data/result/股票估值/20260813_industry_gap_300820_valuation/英杰电气价格合理性评估_20260813.md
300826.SZ,测绘股份,深交所,CNY,14.3,2026-08-14,0.51996,1.189451,2.259957,明显偏贵,26.50211555,11.02235317,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300826_valuation/测绘股份价格合理性评估_20260806.md
300831.SZ,ST派瑞,深交所,CNY,14.77,2026-08-14,4.245298,9.364627,18.666823,偏贵,2.47914328,0.57721178,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_300831_valuation/ST派瑞价格合理性评估_20260813.md
300845.SZ,捷安高科,深交所,CNY,11.63,2026-08-14,4.017931,8.863083,16.802928,偏贵,1.89452457,0.31218448,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300845_valuation/捷安高科价格合理性评估_20260806.md
300852.SZ,四会富仕,深交所,CNY,45.4,2026-08-14,12.412882,28.395482,53.951415,偏贵,2.65749066,0.5988459,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300852_valuation/四会富仕价格合理性评估_20260806.md
300855.SZ,图南股份,深交所,CNY,31.4,2026-08-14,23.976,55.1448,104.54535,基本合理,0.30964298,-0.43059001,2026-08-06,2026,395135968.5,10,ana-data/result/股票估值/20260806_defense_300855_valuation/图南股份价格合理性评估_20260806.md
300862.SZ,蓝盾光电,深交所,CNY,47.29,2026-08-14,10.621082,19.117948,31.863247,明显偏贵,3.45246539,1.47359183,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300862_valuation/蓝盾光电价格合理性评估_20260806.md
300863.SZ,卡倍亿,深交所,CNY,43.9,2026-08-14,26.9997,62.1565,122.5371,基本合理,0.62594399,-0.29371828,2026-08-13,2026,393416318.96,2,ana-data/result/股票估值/20260813_industry_gap_300863_valuation/卡倍亿价格合理性评估_20260813.md
300875.SZ,捷强装备,深交所,CNY,33.4,2026-08-14,8.509469,15.317044,25.528406,明显偏贵,2.92503927,1.1805774,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300875_valuation/捷强装备价格合理性评估_20260806.md
300887.SZ,谱尼测试,深交所,CNY,7.41,2026-08-14,3.48,8.004,15.17425,基本合理,1.12931034,-0.07421289,2026-08-06,2026,79131895.885,2,ana-data/result/股票估值/20260806_defense_300887_valuation/谱尼测试价格合理性评估_20260806.md
300900.SZ,广联航空,深交所,CNY,24.42,2026-08-14,6.248593,11.247468,18.745779,明显偏贵,2.90807979,1.17115532,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300900_valuation/广联航空价格合理性评估_20260806.md
300913.SZ,兆龙互连,深交所,CNY,36.15,2026-08-14,10.773244,24.644675,46.824882,偏贵,2.35553525,0.46684832,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300913_valuation/兆龙互连价格合理性评估_20260806.md
300922.SZ,天秦装备,深交所,CNY,17.85,2026-08-14,4.246558,8.742914,16.786395,明显偏贵,3.20340426,1.04165339,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300922_valuation/天秦装备价格合理性评估_20260806.md
300938.SZ,信测标准,深交所,CNY,29.79,2026-08-14,23.34,53.682,101.772125,基本合理,0.27634961,-0.44506539,2026-08-06,2026,236800198.43,4,ana-data/result/股票估值/20260806_defense_300938_valuation/信测标准价格合理性评估_20260806.md
300942.SZ,易瑞生物,深交所,CNY,6.86,2026-08-14,1.62,4.2,7.98,偏贵,3.2345679,0.63333333,2026-08-06,2026,48608251.68,1,ana-data/result/股票估值/20260806_defense_300942_valuation/易瑞生物价格合理性评估_20260806.md
300960.SZ,通业科技,深交所,CNY,16.09,2026-08-14,4.280525,9.79205,18.604895,偏贵,2.75888472,0.64316971,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300960_valuation/通业科技价格合理性评估_20260806.md
300963.SZ,中洲特材,深交所,CNY,11.92,2026-08-14,3.325345,7.335319,13.906542,偏贵,2.58459047,0.62501454,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300963_valuation/中洲特材价格合理性评估_20260806.md
300965.SZ,恒宇信通,深交所,CNY,43.98,2026-08-14,4.15158,8.547371,16.410953,明显偏贵,9.59355715,4.1454418,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300965_valuation/恒宇信通价格合理性评估_20260806.md
300969.SZ,恒帅股份,深交所,CNY,77.1,2026-08-14,30.31875,67.62,133.126875,偏贵,1.54298083,0.14019521,2026-08-05,2026,205804768.3125,4,ana-data/result/股票估值/20260805_hengshuai_valuation/恒帅股份价格合理性评估_20260805.md
300984.SZ,金沃股份,深交所,CNY,33.52,2026-08-14,10.8,25.76,48.944,偏贵,2.1037037,0.30124224,2026-08-06,2026,98614881.6,3,ana-data/result/股票估值/20260806_defense_300984_valuation/金沃股份价格合理性评估_20260806.md
300985.SZ,致远新能,深交所,CNY,42.05,2026-08-14,4.739435,8.530983,14.218306,明显偏贵,7.87236559,3.92909199,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300985_valuation/致远新能价格合理性评估_20260806.md
300992.SZ,泰福泵业,深交所,CNY,24.75,2026-08-14,9.463155,17.033679,28.389465,偏贵,1.61540681,0.45300378,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_300992_valuation/泰福泵业价格合理性评估_20260806.md
300996.SZ,普联软件,深交所,CNY,17.24,2026-08-14,7.02,17.55,34.125,基本合理,1.45584046,-0.01766382,2026-08-06,2026,110282658.72,1,ana-data/result/股票估值/20260806_puhua_software_valuation/普联软件价格合理性评估_20260806.md
301005.SZ,超捷股份,深交所,CNY,85.09,2026-08-14,1.728724,3.559137,6.833543,明显偏贵,48.22127535,22.90748094,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301005_valuation/超捷股份价格合理性评估_20260806.md
301021.SZ,英诺激光,深交所,CNY,73.15,2026-08-14,10.185,23.4255,46.851,明显偏贵,6.18213058,2.12266547,2026-08-05,2026,74133602.18,2,ana-data/result/股票估值/20260805_inno_laser_valuation/英诺激光价格合理性评估_20260805.md
301050.SZ,雷电微力,深交所,CNY,31.7,2026-08-14,2.272213,5.012235,9.502362,明显偏贵,12.95115687,5.32452389,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301050_valuation/雷电微力价格合理性评估_20260806.md
301063.SZ,海锅股份,深交所,CNY,17.86,2026-08-14,5.175723,11.83989,22.49579,偏贵,2.45072563,0.50845996,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301063_valuation/海锅股份价格合理性评估_20260806.md
301070.SZ,开勒股份,深交所,CNY,67.24,2026-08-14,5.3352,12.825,24.909,明显偏贵,11.60308892,4.24288499,2026-08-13,2026,47946247.68,1,ana-data/result/股票估值/20260813_industry_gap_301070_valuation/开勒股份价格合理性评估_20260813.md
301076.SZ,新瀚新材,深交所,CNY,22.2,2026-08-14,4.894196,10.952484,21.59204,明显偏贵,3.53598507,1.02693745,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_301076_valuation/新瀚新材价格合理性评估_20260813.md
301091.SZ,深城交,深交所,CNY,18.98,2026-08-14,4.27,9.821,19.642,偏贵,3.44496487,0.93259342,2026-08-04,2026,107213599.999824,3,ana-data/result/股票估值/20260805_shenzhen_urban_transport_valuation/深城交价格合理性评估_20260804.md
301095.SZ,广立微,深交所,CNY,74.9,2026-08-14,18.8864,42.8576,83.786608,偏贵,2.96581667,0.74764803,2026-08-13,2026,151546023.2534,9,ana-data/result/股票估值/20260813_industry_gap_301095_valuation/广立微价格合理性评估_20260813.md
301115.SZ,联检科技,深交所,CNY,33.32,2026-08-14,2.565,6.65,12.635,明显偏贵,11.99025341,4.01052632,2026-08-06,2026,34869721.5,1,ana-data/result/股票估值/20260806_defense_301115_valuation/联检科技价格合理性评估_20260806.md
301117.SZ,佳缘科技,深交所,CNY,19.46,2026-08-14,9.592865,17.267158,28.778596,偏贵,1.02859104,0.12699496,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301117_valuation/佳缘科技价格合理性评估_20260806.md
301137.SZ,哈焊华通,深交所,CNY,34.45,2026-08-14,2.257992,5.165342,9.81415,明显偏贵,14.25691854,5.6694519,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301137_valuation/哈焊华通价格合理性评估_20260806.md
301152.SZ,天力锂能,深交所,CNY,19.9,2026-08-14,9.179934,14.279897,22.439839,偏贵,1.16777158,0.39356747,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_301152_valuation/天力锂能价格合理性评估_20260813.md
301158.SZ,德石股份,深交所,CNY,16.02,2026-08-14,11.205,29.05,55.195,基本合理,0.42971888,-0.44853701,2026-08-06,2026,124807523.3,1,ana-data/result/股票估值/20260806_defense_301158_valuation/德石股份价格合理性评估_20260806.md
301191.SZ,菲菱科思,深交所,CNY,97.35,2026-08-14,17.685,45.85,87.115,明显偏贵,4.50466497,1.12322792,2026-08-06,2026,90838020.0,1,ana-data/result/股票估值/20260806_defense_301191_valuation/菲菱科思价格合理性评估_20260806.md
301205.SZ,联特科技,深交所,CNY,302.48,2026-08-14,27.225,64.936667,123.379667,明显偏贵,10.11037649,3.65807708,2026-08-06,2026,261650400.000043,3,ana-data/result/股票估值/20260806_defense_301205_valuation/联特科技价格合理性评估_20260806.md
301213.SZ,观想科技,深交所,CNY,44.3,2026-08-14,6.453603,14.235888,26.988871,明显偏贵,5.86438258,2.11185365,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301213_valuation/观想科技价格合理性评估_20260806.md
301217.SZ,铜冠铜箔,深交所,CNY,123.05,2026-08-14,6.904688,17.645313,34.584813,明显偏贵,16.82122523,5.97352322,2026-08-04,2026,508808290.13,4,ana-data/result/股票估值/20260805_tongguan_foil_valuation/铜冠铜箔价格合理性评估_20260804.md
301226.SZ,祥明智能,深交所,CNY,30.68,2026-08-14,1.24,2.836602,5.389545,明显偏贵,23.74193548,9.81575773,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301226_valuation/祥明智能价格合理性评估_20260806.md
301228.SZ,实朴检测,深交所,CNY,61.57,2026-08-14,4.993146,8.987663,14.979438,明显偏贵,11.3309032,5.85050163,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301228_valuation/实朴检测价格合理性评估_20260806.md
301233.SZ,盛帮股份,深交所,CNY,33.5,2026-08-14,30.484069,62.761318,120.501731,基本合理,0.09893466,-0.46623173,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301233_valuation/盛帮股份价格合理性评估_20260806.md
301255.SZ,通力科技,深交所,CNY,20.86,2026-08-14,2.937011,6.718652,12.765438,明显偏贵,6.10245893,2.10478947,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301255_valuation/通力科技价格合理性评估_20260806.md
301269.SZ,华大九天,深交所,CNY,95.9,2026-08-14,9.06,20.838,38.8976,明显偏贵,9.58498896,3.60216911,2026-08-04,2026,132366514.9568,5,ana-data/result/股票估值/20260804_empyrean_valuation/华大九天价格合理性评估_20260804.md
301289.SZ,国缆检测,深交所,CNY,43.83,2026-08-14,32.59054,71.890897,136.293159,基本合理,0.34486879,-0.39032615,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301289_valuation/国缆检测价格合理性评估_20260806.md
301297.SZ,富乐德,深交所,CNY,35.54,2026-08-14,8.007499,17.663601,35.209444,明显偏贵,3.43833961,1.01204726,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_301297_valuation/富乐德价格合理性评估_20260813.md
301302.SZ,华如科技,深交所,CNY,23.6,2026-08-14,9.412731,16.942917,28.238194,偏贵,1.50724258,0.39291245,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301302_valuation/华如科技价格合理性评估_20260806.md
301306.SZ,西测测试,深交所,CNY,96.2,2026-08-14,9.962016,17.931628,29.886047,明显偏贵,8.65667993,4.36482242,2026-08-06,2026,-16880000.0,1,ana-data/result/股票估值/20260806_defense_301306_valuation/西测测试价格合理性评估_20260806.md
301307.SZ,美利信,深交所,CNY,52.99,2026-08-14,2.625,7.0,13.475,明显偏贵,19.18666667,6.57,2026-08-04,2026,29484000.0,1,ana-data/result/股票估值/20260804_millison_valuation/美利信价格合理性评估_20260804.md
301308.SZ,江波龙,深交所,CNY,406.45,2026-08-14,687.04125,1580.194875,3160.38975,偏低,-0.40840524,-0.74278489,2026-08-05,2026,13712861341.48875,8,ana-data/result/股票估值/20260805_biwin_storage_valuation/江波龙价格合理性评估_20260805.md
301348.SZ,蓝箭电子,深交所,CNY,22.47,2026-08-14,5.50986,9.183101,14.692961,明显偏贵,3.07814355,1.44688586,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_301348_valuation/蓝箭电子价格合理性评估_20260813.md
301357.SZ,北方长龙,深交所,CNY,101.99,2026-08-14,4.02691,8.290696,15.918137,明显偏贵,24.32711185,11.30174161,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301357_valuation/北方长龙价格合理性评估_20260806.md
301368.SZ,丰立智能,深交所,CNY,42.38,2026-08-14,7.848402,14.127124,23.545207,明显偏贵,4.39982534,1.99990288,2026-08-05,,,0,ana-data/result/股票估值/20260805_fengli_intelligent_valuation/丰立智能价格合理性评估_20260805.md
301369.SZ,联动科技,深交所,CNY,141.98,2026-08-14,31.8942,72.3753,144.268098,偏贵,3.45159308,0.96171898,2026-08-13,2026,139445502.777,3,ana-data/result/股票估值/20260813_industry_gap_301369_valuation/联动科技价格合理性评估_20260813.md
301392.SZ,汇成真空,深交所,CNY,169.0,2026-08-14,30.7125,80.4375,153.5625,明显偏贵,4.5026455,1.1010101,2026-08-04,2026,117000000.0,1,ana-data/result/股票估值/20260804_huicheng_vacuum_valuation/汇成真空价格合理性评估_20260804.md
301413.SZ,安培龙,深交所,CNY,67.64,2026-08-14,33.6,77.28,153.272,基本合理,1.01309524,-0.1247412,2026-08-04,2026,143273289.6,4,ana-data/result/股票估值/20260805_ampron_valuation/安培龙价格合理性评估_20260804.md
301421.SZ,波长光电,深交所,CNY,80.58,2026-08-14,7.5,20.0,38.5,明显偏贵,9.744,3.029,2026-08-04,2026,46287200.0,1,ana-data/result/股票估值/20260804_wavelength_opto_valuation/波长光电价格合理性评估_20260804.md
301508.SZ,中机认检,深交所,CNY,23.74,2026-08-14,16.377375,36.126563,68.489941,基本合理,0.44956075,-0.3428658,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301508_valuation/中机认检价格合理性评估_20260806.md
301510.SZ,固高科技,深交所,CNY,26.66,2026-08-14,5.382,13.125,25.875,明显偏贵,3.95354887,1.0312381,2026-08-13,2026,121325664.0,1,ana-data/result/股票估值/20260813_industry_gap_301510_valuation/固高科技价格合理性评估_20260813.md
301517.SZ,陕西华达,深交所,CNY,41.0,2026-08-14,5.04,12.6,23.8875,明显偏贵,7.13492063,2.25396825,2026-08-06,2026,31759849.8,1,ana-data/result/股票估值/20260806_defense_301517_valuation/陕西华达价格合理性评估_20260806.md
301529.SZ,福赛科技,深交所,CNY,103.13,2026-08-14,32.615,72.741333,143.2095,偏贵,2.16204201,0.41776341,2026-08-05,2026,167694885.100028,3,ana-data/result/股票估值/20260805_fosai_technology_valuation/福赛科技价格合理性评估_20260805.md
301550.SZ,斯菱智驱,深交所,CNY,88.92,2026-08-14,17.221875,42.251,81.333175,明显偏贵,4.16320087,1.10456557,2026-08-04,2026,308017826.875,6,ana-data/result/股票估值/20260805_silin_valuation/斯菱智驱价格合理性评估_20260804.md
301583.SZ,托伦斯精密制造（江苏）股份有限公司,深交所,CNY,161.85,2026-08-14,12.667895,27.943886,52.161921,明显偏贵,11.77639261,4.79196465,2026-08-04,,,0,ana-data/result/股票估值/20260804_tolerance_precision_valuation/托伦斯精密制造（江苏）股份有限公司价格合理性评估_20260804.md
301586.SZ,佳力奇,深交所,CNY,31.69,2026-08-14,8.49966,17.4993,33.598656,偏贵,2.72838443,0.81092958,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_301586_valuation/佳力奇价格合理性评估_20260806.md
301596.SZ,瑞迪智驱,深交所,CNY,54.6,2026-08-14,26.845463,59.217934,117.448902,基本合理,1.03386323,-0.07798202,2026-08-04,,,0,ana-data/result/股票估值/20260805_rendi_valuation/瑞迪智驱价格合理性评估_20260804.md
301611.SZ,珂玛科技,深交所,CNY,105.33,2026-08-14,18.9375,50.5,97.2125,明显偏贵,4.5619802,1.08574257,2026-08-04,2026,440360000.0,1,ana-data/result/股票估值/20260804_fountyl_valuation/珂玛科技价格合理性评估_20260804.md
600019.SH,宝钢股份,上交所,CNY,5.75,2026-08-14,9.73245,22.40525,44.17035,偏低,-0.40919296,-0.74336372,2026-08-13,2026,11816780976.3325,4,ana-data/result/股票估值/20260813_industry_gap_600019_valuation/宝钢股份价格合理性评估_20260813.md
600031.SH,三一重工,上交所,CNY,18.75,2026-08-14,15.83982,37.780904,71.783718,基本合理,0.18372557,-0.50371754,2026-08-06,2026,10788682606.02084,26,ana-data/result/股票估值/20260806_defense_600031_valuation/三一重工价格合理性评估_20260806.md
600038.SH,中直股份,上交所,CNY,26.75,2026-08-14,16.9125,36.3055,69.70656,基本合理,0.58167036,-0.26319704,2026-08-06,2026,739543678.126,5,ana-data/result/股票估值/20260806_defense_600038_valuation/中直股份价格合理性评估_20260806.md
600072.SH,中船科技,上交所,CNY,8.78,2026-08-14,5.068564,9.123415,15.205692,基本合理,0.73224606,-0.03764106,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600072_valuation/中船科技价格合理性评估_20260806.md
600111.SH,北方稀土,上交所,CNY,42.66,2026-08-14,10.422,26.634,52.20264,偏贵,3.09326425,0.6017121,2026-08-04,2026,4186246245.036,5,ana-data/result/股票估值/20260804_northern_rare_earth_valuation/北方稀土价格合理性评估_20260804.md
600114.SH,东睦股份,上交所,CNY,30.02,2026-08-14,15.345,36.600667,69.541267,基本合理,0.95633757,-0.17979637,2026-08-06,2026,717672552.190211,3,ana-data/result/股票估值/20260806_defense_600114_valuation/东睦股份价格合理性评估_20260806.md
600118.SH,中国卫星,上交所,CNY,66.84,2026-08-14,1.1875,2.549167,4.8944,明显偏贵,55.28631579,25.22033001,2026-08-04,2026,74890978.549606,3,ana-data/result/股票估值/20260804_china_satellite_valuation/中国卫星价格合理性评估_20260804.md
600143.SH,金发科技,上交所,CNY,15.23,2026-08-14,12.3786,28.497,56.1798,基本合理,0.23034915,-0.46555778,2026-08-13,2026,1844575872.54,14,ana-data/result/股票估值/20260813_industry_gap_600143_valuation/金发科技价格合理性评估_20260813.md
600148.SH,长春一东,上交所,CNY,15.28,2026-08-14,1.291807,2.659602,5.106436,明显偏贵,10.82839232,4.74522053,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600148_valuation/长春一东价格合理性评估_20260806.md
600150.SH,中国船舶,上交所,CNY,33.42,2026-08-14,47.190865,101.303058,194.501871,偏低,-0.29181209,-0.6700988,2026-08-06,2026,18940830994.004383,13,ana-data/result/股票估值/20260806_defense_600150_valuation/中国船舶价格合理性评估_20260806.md
600151.SH,航天机电,上交所,CNY,10.79,2026-08-14,3.071647,5.528965,9.214941,明显偏贵,2.51277344,0.95154066,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600151_valuation/航天机电价格合理性评估_20260806.md
600171.SH,上海贝岭,上交所,CNY,23.23,2026-08-14,6.545916,14.43952,28.782776,偏贵,2.54877759,0.60877924,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_600171_valuation/上海贝岭价格合理性评估_20260813.md
600178.SH,东安动力,上交所,CNY,9.52,2026-08-14,5.443663,9.798593,16.330988,基本合理,0.74882244,-0.02843194,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600178_valuation/东安动力价格合理性评估_20260806.md
600183.SH,生益科技,上交所,CNY,143.21,2026-08-14,57.285,131.7555,266.4389,偏贵,1.49995636,0.08693755,2026-08-04,2026,6184243343.82,10,ana-data/result/股票估值/20260804_shengyi_technology_valuation/生益科技价格合理性评估_20260804.md
600184.SH,光电股份,上交所,CNY,18.25,2026-08-14,2.8125,6.5625,12.6,明显偏贵,5.48888889,1.78095238,2026-08-06,2026,87409120.2,1,ana-data/result/股票估值/20260806_defense_600184_valuation/光电股份价格合理性评估_20260806.md
600206.SH,有研新材,上交所,CNY,50.78,2026-08-14,7.155,18.55,35.245,明显偏贵,6.09713487,1.73746631,2026-08-06,2026,448673265.96,1,ana-data/result/股票估值/20260806_defense_600206_valuation/有研新材价格合理性评估_20260806.md
600259.SH,中稀有色,上交所,CNY,92.2,2026-08-14,23.8275,56.833,107.9827,偏贵,2.86947854,0.6222969,2026-08-06,2026,593809381.15,2,ana-data/result/股票估值/20260806_defense_600259_valuation/中稀有色价格合理性评估_20260806.md
600262.SH,北方股份,上交所,CNY,14.81,2026-08-14,19.227202,43.983795,83.569211,偏低,-0.22973712,-0.66328508,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600262_valuation/北方股份价格合理性评估_20260806.md
600271.SH,航天信息,上交所,CNY,6.89,2026-08-14,7.006878,12.612381,21.020635,偏低,-0.01668047,-0.4537114,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600271_valuation/航天信息价格合理性评估_20260806.md
600276.SH,恒瑞医药,上交所,CNY,52.62,2026-08-14,29.72424,73.24902,148.125796,基本合理,0.77027234,-0.28162861,2026-08-04,2026,9394558189.65456,25,ana-data/result/股票估值/20260804_hengrui_pharma_valuation/恒瑞医药价格合理性评估_20260804.md
600316.SH,洪都航空,上交所,CNY,28.59,2026-08-14,4.23125,9.083083,17.43952,明显偏贵,5.75686854,2.14760968,2026-08-06,2026,161828841.541572,3,ana-data/result/股票估值/20260806_defense_600316_valuation/洪都航空价格合理性评估_20260806.md
600320.SH,振华重工,上交所,CNY,4.06,2026-08-14,3.42225,8.1627,15.50913,基本合理,0.18635401,-0.50261556,2026-08-06,2026,1335527612.5035,2,ana-data/result/股票估值/20260806_defense_600320_valuation/振华重工价格合理性评估_20260806.md
600330.SH,天通股份,上交所,CNY,24.98,2026-08-14,0.7425,1.771,3.3649,明显偏贵,32.64309764,13.10502541,2026-08-06,2026,67838892.88,2,ana-data/result/股票估值/20260806_defense_600330_valuation/天通股份价格合理性评估_20260806.md
600343.SH,航天动力,上交所,CNY,19.86,2026-08-14,1.995646,3.592162,5.986937,明显偏贵,8.95166477,4.52870388,2026-08-04,,,0,ana-data/result/股票估值/20260804_aerospace_power_valuation/航天动力价格合理性评估_20260804.md
600360.SH,华微电子,上交所,CNY,10.45,2026-08-14,1.732678,3.963642,7.530919,明显偏贵,5.03112638,1.63646414,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600360_valuation/华微电子价格合理性评估_20260806.md
600366.SH,宁波韵升,上交所,CNY,12.64,2026-08-14,7.02,18.2,34.58,基本合理,0.8005698,-0.30549451,2026-08-06,2026,571501346.52,1,ana-data/result/股票估值/20260806_defense_600366_valuation/宁波韵升价格合理性评估_20260806.md
600372.SH,中航机载,上交所,CNY,11.26,2026-08-14,4.645833,9.973056,19.148267,偏贵,1.4236773,0.12904209,2026-08-06,2026,1198971053.878853,9,ana-data/result/股票估值/20260806_defense_600372_valuation/中航机载价格合理性评估_20260806.md
600378.SH,昊华科技,上交所,CNY,48.7,2026-08-14,21.897,52.2284,99.23396,基本合理,1.22404896,-0.06755711,2026-08-04,2026,2092379383.64,10,ana-data/result/股票估值/20260804_haohua_technology_valuation/昊华科技价格合理性评估_20260804.md
600391.SH,航发科技,上交所,CNY,31.24,2026-08-14,6.026786,12.9375,24.84,明显偏贵,4.18352568,1.41468599,2026-08-06,2026,106113010.82157,7,ana-data/result/股票估值/20260806_defense_600391_valuation/航发科技价格合理性评估_20260806.md
600392.SH,盛和资源,上交所,CNY,23.9,2026-08-14,10.395,26.95,51.205,基本合理,1.2991823,-0.11317254,2026-08-06,2026,1349676458.9,1,ana-data/result/股票估值/20260806_defense_600392_valuation/盛和资源价格合理性评估_20260806.md
600399.SH,抚顺特钢,上交所,CNY,4.24,2026-08-14,0.75,1.75,3.36,明显偏贵,4.65333333,1.42285714,2026-08-04,2026,78884000.0,1,ana-data/result/股票估值/20260805_fushun_special_steel_valuation/抚顺特钢价格合理性评估_20260804.md
600416.SH,湘电股份,上交所,CNY,8.94,2026-08-14,4.265625,9.156875,17.5812,基本合理,1.09582418,-0.02368439,2026-08-06,2026,335740492.36,4,ana-data/result/股票估值/20260806_defense_600416_valuation/湘电股份价格合理性评估_20260806.md
600435.SH,北方导航,上交所,CNY,10.8,2026-08-14,1.921875,4.125625,7.9212,明显偏贵,4.6195122,1.61778518,2026-08-06,2026,155016669.2725,13,ana-data/result/股票估值/20260806_defense_600435_valuation/北方导航价格合理性评估_20260806.md
600438.SH,通威股份,上交所,CNY,12.8,2026-08-14,7.283831,11.330403,17.804919,偏贵,0.75731699,0.12970386,2026-08-13,2026,-3447624252.149,11,ana-data/result/股票估值/20260813_industry_gap_600438_valuation/通威股份价格合理性评估_20260813.md
600456.SH,宝钛股份,上交所,CNY,27.58,2026-08-14,22.56,51.888,98.371,基本合理,0.22251773,-0.46847055,2026-08-06,2026,449110886.66,2,ana-data/result/股票估值/20260806_defense_600456_valuation/宝钛股份价格合理性评估_20260806.md
600460.SH,士兰微,上交所,CNY,32.75,2026-08-14,11.934,27.081,53.98146,偏贵,1.7442601,0.20933496,2026-08-13,2026,848676640.95,5,ana-data/result/股票估值/20260813_industry_gap_600460_valuation/士兰微价格合理性评估_20260813.md
600480.SH,凌云股份,上交所,CNY,8.56,2026-08-14,9.9,23.613333,44.865333,偏低,-0.13535354,-0.63749294,2026-08-06,2026,896341913.132926,3,ana-data/result/股票估值/20260806_defense_600480_valuation/凌云股份价格合理性评估_20260806.md
600482.SH,中国动力,上交所,CNY,31.49,2026-08-14,25.017614,53.704477,103.112596,基本合理,0.25871316,-0.41364293,2026-08-06,2026,3006918132.30016,11,ana-data/result/股票估值/20260806_defense_600482_valuation/中国动力价格合理性评估_20260806.md
600487.SH,亨通光电,上交所,CNY,62.98,2026-08-14,39.09375,93.245833,186.491667,基本合理,0.6109992,-0.32458108,2026-08-04,2026,7142260910.895011,14,ana-data/result/股票估值/20260804_hengtong_optic_valuation/亨通光电价格合理性评估_20260804.md
600495.SH,晋西车轴,上交所,CNY,4.12,2026-08-14,2.714858,4.886745,8.144575,基本合理,0.51757477,-0.15690301,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600495_valuation/晋西车轴价格合理性评估_20260806.md
600501.SH,航天晨光,上交所,CNY,14.68,2026-08-14,3.416849,6.150327,10.250546,明显偏贵,3.29635609,1.38686496,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600501_valuation/航天晨光价格合理性评估_20260806.md
600522.SH,中天科技,上交所,CNY,35.55,2026-08-14,24.597,58.6684,117.3368,基本合理,0.44529821,-0.39405199,2026-08-05,2026,6218394265.944,10,ana-data/result/股票估值/20260805_zhongtian_technology_valuation/中天科技价格合理性评估_20260805.md
600523.SH,贵航股份,上交所,CNY,11.54,2026-08-14,5.900185,13.497156,25.644596,基本合理,0.95587088,-0.14500507,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600523_valuation/贵航股份价格合理性评估_20260806.md
600536.SH,中国软件,上交所,CNY,31.29,2026-08-14,0.54,1.4,2.66,明显偏贵,56.94444444,21.35,2026-08-06,2026,37351463.36,1,ana-data/result/股票估值/20260806_defense_600536_valuation/中国软件价格合理性评估_20260806.md
600549.SH,厦门钨业,上交所,CNY,56.44,2026-08-14,28.433571,72.663571,142.4206,基本合理,0.98497755,-0.22326966,2026-08-04,2026,5015637220.284739,7,ana-data/result/股票估值/20260804_xiamen_tungsten_valuation/厦门钨业价格合理性评估_20260804.md
600562.SH,国睿科技,上交所,CNY,25.95,2026-08-14,14.96,34.408,65.231833,基本合理,0.73462567,-0.24581493,2026-08-04,2026,774091386.932919,6,ana-data/result/股票估值/20260805_glarun_valuation/国睿科技价格合理性评估_20260804.md
600580.SH,卧龙电驱,上交所,CNY,34.57,2026-08-14,10.692,25.5024,48.45456,偏贵,2.23325851,0.35555869,2026-08-04,2026,1237197068.712,5,ana-data/result/股票估值/20260805_wolong_electric_valuation/卧龙电驱价格合理性评估_20260804.md
600583.SH,海油工程,上交所,CNY,5.45,2026-08-14,10.017857,21.505,41.2896,偏低,-0.45597147,-0.74657056,2026-08-06,2026,2362266707.429835,7,ana-data/result/股票估值/20260806_defense_600583_valuation/海油工程价格合理性评估_20260806.md
600584.SH,长电科技,上交所,CNY,78.71,2026-08-14,23.436,53.9028,107.8056,偏贵,2.35850828,0.46022099,2026-08-04,2026,1996986660.12,15,ana-data/result/股票估值/20260804_jcet_valuation/长电科技价格合理性评估_20260804.md
600590.SH,泰豪科技,上交所,CNY,8.6,2026-08-14,8.296875,17.810625,34.1964,基本合理,0.03653484,-0.51714216,2026-08-06,2026,377394864.375,4,ana-data/result/股票估值/20260806_defense_600590_valuation/泰豪科技价格合理性评估_20260806.md
600592.SH,龙溪股份,上交所,CNY,14.6,2026-08-14,5.505925,11.335728,21.764597,偏贵,1.65168886,0.28796316,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600592_valuation/龙溪股份价格合理性评估_20260806.md
600641.SH,先导基电,上交所,CNY,34.2,2026-08-14,4.025,9.698333,18.515,明显偏贵,7.49689441,2.52637922,2026-08-04,,,3,ana-data/result/股票估值/20260804_lead_base_valuation/先导基电价格合理性评估_20260804.md
600673.SH,东阳光,上交所,CNY,36.45,2026-08-14,13.7163,31.12545,62.043397,偏贵,1.65742219,0.17106741,2026-08-13,2026,1764100857.084837,6,ana-data/result/股票估值/20260813_industry_gap_600673_valuation/东阳光价格合理性评估_20260813.md
600685.SH,中船防务,上交所,CNY,26.16,2026-08-14,22.3125,47.8975,91.9632,基本合理,0.17243697,-0.45383371,2026-08-06,2026,1682072589.82,2,ana-data/result/股票估值/20260806_defense_600685_valuation/中船防务价格合理性评估_20260806.md
600686.SH,金龙汽车,上交所,CNY,11.6,2026-08-14,14.4,34.346667,65.258667,偏低,-0.19444444,-0.66226708,2026-08-06,2026,764850578.133572,3,ana-data/result/股票估值/20260806_defense_600686_valuation/金龙汽车价格合理性评估_20260806.md
600692.SH,亚通股份,上交所,CNY,6.12,2026-08-14,1.070294,2.360944,4.585477,明显偏贵,4.71805504,1.59218347,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_600692_valuation/亚通股份价格合理性评估_20260813.md
600698.SH,湖南天雁,上交所,CNY,7.08,2026-08-14,0.829712,1.382853,2.07428,明显偏贵,7.53308136,4.11985005,2026-08-04,,,0,ana-data/result/股票估值/20260805_hunan_ty_valuation/湖南天雁价格合理性评估_20260804.md
600699.SH,均胜电子,上交所,CNY,20.84,2026-08-14,19.14,42.688,84.042,基本合理,0.08881923,-0.5118066,2026-08-04,2026,1798893853.08,15,ana-data/result/股票估值/20260804_joyson_electronics_valuation/均胜电子价格合理性评估_20260804.md
600703.SH,三安光电,上交所,CNY,13.58,2026-08-14,6.995383,13.990767,24.483842,基本合理,0.94128041,-0.02935986,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_600703_valuation/三安光电价格合理性评估_20260813.md
600745.SH,*ST闻泰,上交所,CNY,17.46,2026-08-14,17.649289,29.415481,47.06477,偏低,-0.01072502,-0.406435,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_600745_valuation/ST闻泰价格合理性评估_20260813.md
600760.SH,中航沈飞,上交所,CNY,44.43,2026-08-14,24.023437,51.570313,99.015,基本合理,0.84944394,-0.13845782,2026-08-04,2026,3632253333.46875,8,ana-data/result/股票估值/20260805_avic_shenyang_valuation/中航沈飞价格合理性评估_20260804.md
600761.SH,安徽合力,上交所,CNY,16.66,2026-08-14,20.7153,49.409827,93.878671,偏低,-0.19576352,-0.66282011,2026-08-06,2026,1366738351.996097,15,ana-data/result/股票估值/20260806_defense_600761_valuation/安徽合力价格合理性评估_20260806.md
600764.SH,中国海防,上交所,CNY,18.0,2026-08-14,5.6875,12.209167,23.4416,偏贵,2.16483516,0.47430206,2026-08-06,2026,215557580.419763,3,ana-data/result/股票估值/20260806_defense_600764_valuation/中国海防价格合理性评估_20260806.md
600765.SH,中航重机,上交所,CNY,13.47,2026-08-14,9.0,19.32,37.0944,基本合理,0.49666667,-0.30279503,2026-08-06,2026,750503113.44,2,ana-data/result/股票估值/20260806_defense_600765_valuation/中航重机价格合理性评估_20260806.md
600855.SH,航天长峰,上交所,CNY,12.68,2026-08-14,2.984128,5.37143,8.952383,明显偏贵,3.24914749,1.36063767,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_600855_valuation/航天长峰价格合理性评估_20260806.md
600862.SH,中航高科,上交所,CNY,18.07,2026-08-14,13.977194,29.821591,57.257455,基本合理,0.29282029,-0.39406318,2026-08-06,2026,1032122747.458964,11,ana-data/result/股票估值/20260806_defense_600862_valuation/中航高科价格合理性评估_20260806.md
600871.SH,石化油服,上交所,CNY,2.16,2026-08-14,0.54,1.4,2.66,偏贵,3.0,0.54285714,2026-08-06,2026,758281833.32,1,ana-data/result/股票估值/20260806_defense_600871_valuation/石化油服价格合理性评估_20260806.md
600875.SH,东方电气,上交所,CNY,26.91,2026-08-14,19.030582,43.184782,83.874443,基本合理,0.41403978,-0.37686382,2026-08-13,2026,4687650223.697936,12,ana-data/result/股票估值/20260813_industry_gap_600875_valuation/东方电气价格合理性评估_20260813.md
600877.SH,电科芯片,上交所,CNY,12.99,2026-08-14,0.317673,0.70075,1.328505,明显偏贵,39.891105,17.53728148,2026-08-04,,,0,ana-data/result/股票估值/20260804_cet_chip_valuation/电科芯片价格合理性评估_20260804.md
600879.SH,航天电子,上交所,CNY,15.89,2026-08-14,2.142857,4.6,8.832,明显偏贵,6.41533383,2.45434783,2026-08-04,2026,377062781.029514,7,ana-data/result/股票估值/20260805_aerospace_electronics_valuation/航天电子价格合理性评估_20260804.md
600885.SH,宏发股份,上交所,CNY,36.2,2026-08-14,25.82762,59.458233,117.21766,基本合理,0.4016003,-0.39116926,2026-08-13,2026,2228019945.949516,10,ana-data/result/股票估值/20260813_industry_gap_600885_valuation/宏发股份价格合理性评估_20260813.md
600893.SH,航发动力,上交所,CNY,36.88,2026-08-14,4.25,9.123333,17.5168,明显偏贵,7.67764706,3.04238232,2026-08-04,2026,604201360.614222,12,ana-data/result/股票估值/20260805_aero_engine_valuation/航发动力价格合理性评估_20260804.md
600905.SH,三峡能源,上交所,CNY,3.73,2026-08-14,1.90944,4.33296,8.415571,基本合理,0.95345232,-0.1391566,2026-08-13,2026,3887920419.312,5,ana-data/result/股票估值/20260813_industry_gap_600905_valuation/三峡能源价格合理性评估_20260813.md
600933.SH,爱柯迪,上交所,CNY,13.68,2026-08-14,24.013971,55.283,108.986486,偏低,-0.43033162,-0.75254599,2026-08-13,2026,1378906175.762416,14,ana-data/result/股票估值/20260813_industry_gap_600933_valuation/爱柯迪价格合理性评估_20260813.md
600967.SH,内蒙一机,上交所,CNY,11.56,2026-08-14,4.875,10.465,20.0928,偏贵,1.37128205,0.1046345,2026-08-06,2026,442466613.42,3,ana-data/result/股票估值/20260806_defense_600967_valuation/内蒙一机价格合理性评估_20260806.md
600968.SH,海油发展,上交所,CNY,3.85,2026-08-14,8.357439,17.3075,33.2304,偏低,-0.53933256,-0.77755308,2026-08-06,2026,4370994805.57,8,ana-data/result/股票估值/20260806_defense_600968_valuation/海油发展价格合理性评估_20260806.md
600990.SH,四创电子,上交所,CNY,18.6,2026-08-14,5.707106,10.27279,17.121317,明显偏贵,2.25909489,0.81060841,2026-08-06,,,1,ana-data/result/股票估值/20260806_defense_600990_valuation/四创电子价格合理性评估_20260806.md
601012.SH,隆基绿能,上交所,CNY,12.65,2026-08-14,6.721717,12.09909,20.16515,偏贵,0.88195962,0.04553318,2026-08-05,2026,-363747083.472,11,ana-data/result/股票估值/20260805_longi_valuation/隆基绿能价格合理性评估_20260805.md
601100.SH,恒立液压,上交所,CNY,106.28,2026-08-14,43.0848,96.09216,189.18144,偏贵,1.46676322,0.10602155,2026-08-04,2026,3501151774.310401,25,ana-data/result/股票估值/20260805_hengli_hydraulics_valuation/恒立液压价格合理性评估_20260804.md
601127.SH,赛力斯,上交所,CNY,53.2,2026-08-14,79.184325,176.60504,347.691173,偏低,-0.32814986,-0.69876284,2026-08-04,2026,8359873526.968301,19,ana-data/result/股票估值/20260804_seres_valuation/赛力斯价格合理性评估_20260804.md
601133.SH,柏诚股份,上交所,CNY,26.81,2026-08-14,9.7875,23.345,44.3555,偏贵,1.73920817,0.14842579,2026-08-04,2026,381496872.675,8,ana-data/result/股票估值/20260805_baicheng_system_valuation/柏诚股份价格合理性评估_20260804.md
601137.SH,博威合金,上交所,CNY,18.4,2026-08-14,9.72,23.184,44.0496,基本合理,0.89300412,-0.20634921,2026-08-06,2026,661143053.52,2,ana-data/result/股票估值/20260806_defense_601137_valuation/博威合金价格合理性评估_20260806.md
601606.SH,长城军工,上交所,CNY,34.0,2026-08-14,3.615719,6.026199,9.039298,明显偏贵,8.40338561,4.64203074,2026-08-04,,,0,ana-data/result/股票估值/20260805_great_wall_military_refresh_valuation/长城军工价格合理性评估_20260804.md
601611.SH,中国核建,上交所,CNY,11.28,2026-08-14,7.2306,16.4079,31.867788,基本合理,0.56003651,-0.31252628,2026-08-13,2026,1552124619.18,4,ana-data/result/股票估值/20260813_industry_gap_601611_valuation/中国核建价格合理性评估_20260813.md
601615.SH,明阳智能,上交所,CNY,11.65,2026-08-14,10.56588,23.97642,46.567536,基本合理,0.10260575,-0.51410594,2026-08-13,2026,1701901909.971894,9,ana-data/result/股票估值/20260813_industry_gap_601615_valuation/明阳智能价格合理性评估_20260813.md
601689.SH,拓普集团,上交所,CNY,49.51,2026-08-14,31.981812,71.329133,140.429231,基本合理,0.54806738,-0.30589371,2026-08-04,2026,3368432222.751413,24,ana-data/result/股票估值/20260805_top_group_valuation/拓普集团价格合理性评估_20260804.md
601698.SH,中国卫通,上交所,CNY,26.49,2026-08-14,2.4375,5.6875,10.92,明显偏贵,9.86769231,3.65758242,2026-08-04,2026,549170103.56,1,ana-data/result/股票估值/20260804_chinasatcom_valuation/中国卫通价格合理性评估_20260804.md
601718.SH,ST际华,上交所,CNY,1.85,2026-08-14,2.773928,4.99307,8.321783,偏低,-0.3330757,-0.62948647,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_601718_valuation/ST际华价格合理性评估_20260806.md
601727.SH,上海电气,上交所,CNY,6.71,2026-08-14,1.4274,3.2391,6.291052,明显偏贵,3.7008547,1.07156309,2026-08-13,2026,1579912403.338513,6,ana-data/result/股票估值/20260813_industry_gap_601727_valuation/上海电气价格合理性评估_20260813.md
601798.SH,蓝科高新,上交所,CNY,7.54,2026-08-14,2.43,6.3,11.97,偏贵,2.10288066,0.1968254,2026-08-06,2026,63815075.64,1,ana-data/result/股票估值/20260806_defense_601798_valuation/蓝科高新价格合理性评估_20260806.md
601808.SH,中海油服,上交所,CNY,11.9,2026-08-14,17.594712,37.769981,72.518363,偏低,-0.32366043,-0.68493498,2026-08-06,2026,4477588523.694142,13,ana-data/result/股票估值/20260806_defense_601808_valuation/中海油服价格合理性评估_20260806.md
601865.SH,福莱特,上交所,CNY,10.75,2026-08-14,6.729458,10.574863,15.381619,偏贵,0.59745406,0.01656163,2026-08-05,2026,1184456117.795486,9,ana-data/result/股票估值/20260805_flat_glass_valuation/福莱特价格合理性评估_20260805.md
601868.SH,中国能建,上交所,CNY,2.54,2026-08-14,2.1684,4.9206,9.556899,基本合理,0.1713706,-0.48380279,2026-08-13,2026,6832650485.535893,9,ana-data/result/股票估值/20260813_industry_gap_601868_valuation/中国能建价格合理性评估_20260813.md
601869.SH,长飞光纤,上交所,CNY,355.18,2026-08-14,118.828929,283.429,566.858,偏贵,1.98900279,0.25315335,2026-08-04,2026,7287339032.774404,7,ana-data/result/股票估值/20260804_yangtze_optical_fibre_valuation/长飞光纤价格合理性评估_20260804.md
601890.SH,亚星锚链,上交所,CNY,9.18,2026-08-14,7.21875,15.49625,29.7528,基本合理,0.27168831,-0.40759861,2026-08-06,2026,369369000.0,2,ana-data/result/股票估值/20260806_defense_601890_valuation/亚星锚链价格合理性评估_20260806.md
601908.SH,京运通,上交所,CNY,3.09,2026-08-14,2.759564,4.292655,6.745601,基本合理,0.1197421,-0.28016577,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_601908_valuation/京运通价格合理性评估_20260813.md
601958.SH,金钼股份,上交所,CNY,22.61,2026-08-14,10.651938,26.358,51.66168,基本合理,1.12261844,-0.14219592,2026-08-04,2026,3697688642.4,5,ana-data/result/股票估值/20260804_jinduicheng_molybdenum_valuation/金钼股份价格合理性评估_20260804.md
601985.SH,中国核电,上交所,CNY,8.78,2026-08-14,5.989062,13.4874,26.195528,基本合理,0.46600586,-0.34902205,2026-08-13,2026,8707120877.986477,18,ana-data/result/股票估值/20260813_industry_gap_601985_valuation/中国核电价格合理性评估_20260813.md
603005.SH,晶方科技,上交所,CNY,33.51,2026-08-14,14.7108,32.8984,64.093824,偏贵,1.27791826,0.01859057,2026-08-13,2026,534780798.92,2,ana-data/result/股票估值/20260813_industry_gap_603005_valuation/晶方科技价格合理性评估_20260813.md
603009.SH,北特科技,上交所,CNY,47.99,2026-08-14,9.294643,22.802857,43.8955,明显偏贵,4.16318916,1.10456085,2026-08-04,2026,171710379.72133,7,ana-data/result/股票估值/20260805_beite_technology_valuation/北特科技价格合理性评估_20260804.md
603019.SH,中科曙光,上交所,CNY,89.36,2026-08-14,44.3375,101.97625,206.218639,基本合理,1.01544968,-0.12371753,2026-08-04,2026,2883150936.582872,18,ana-data/result/股票估值/20260804_sugon_valuation/中科曙光价格合理性评估_20260804.md
603033.SH,三维股份,上交所,CNY,7.87,2026-08-14,2.44976,4.409568,7.34928,明显偏贵,2.2125596,0.78475533,2026-08-06,,,1,ana-data/result/股票估值/20260806_defense_603033_valuation/三维股份价格合理性评估_20260806.md
603036.SH,如通股份,上交所,CNY,13.55,2026-08-14,6.74494,15.429602,29.316244,基本合理,1.00891335,-0.12181792,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603036_valuation/如通股份价格合理性评估_20260806.md
603039.SH,泛微网络,上交所,CNY,44.9,2026-08-14,25.02,57.546,111.895,基本合理,0.79456435,-0.21975463,2026-08-06,2026,362238271.47,5,ana-data/result/股票估值/20260806_weaver_network_valuation/泛微网络价格合理性评估_20260806.md
603040.SH,新坐标,上交所,CNY,56.43,2026-08-14,37.7936,87.005333,171.5248,基本合理,0.49310994,-0.35141907,2026-08-13,2026,287467087.573379,3,ana-data/result/股票估值/20260813_industry_gap_603040_valuation/新坐标价格合理性评估_20260813.md
603060.SH,国检集团,上交所,CNY,5.44,2026-08-14,3.84,9.6,18.2,基本合理,0.41666667,-0.43333333,2026-08-06,2026,128633709.28,1,ana-data/result/股票估值/20260806_defense_603060_valuation/国检集团价格合理性评估_20260806.md
603061.SH,金海通,上交所,CNY,333.22,2026-08-14,149.716875,360.746375,688.697625,基本合理,1.22566761,-0.07630395,2026-08-04,2026,496204500.0,4,ana-data/result/股票估值/20260804_jinhaitong_valuation/金海通价格合理性评估_20260804.md
603068.SH,博通集成,上交所,CNY,41.44,2026-08-14,11.669845,21.005722,35.009536,明显偏贵,2.5510326,0.97279579,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603068_valuation/博通集成价格合理性评估_20260806.md
603078.SH,江化微,上交所,CNY,36.18,2026-08-14,6.75,16.56,31.878,明显偏贵,4.36,1.18478261,2026-08-04,2026,138829409.28,2,ana-data/result/股票估值/20260804_jianghua_micro_valuation/江化微价格合理性评估_20260804.md
603088.SH,宁波精达,上交所,CNY,9.35,2026-08-14,4.41,10.518667,19.985467,基本合理,1.12018141,-0.1111041,2026-08-06,2026,164113402.226834,3,ana-data/result/股票估值/20260806_defense_603088_valuation/宁波精达价格合理性评估_20260806.md
603089.SH,正裕工业,上交所,CNY,9.75,2026-08-14,0.339578,0.776813,1.475945,明显偏贵,27.71210738,11.55128326,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603089_valuation/正裕工业价格合理性评估_20260806.md
603090.SH,宏盛股份,上交所,CNY,39.8,2026-08-14,26.73,69.3,131.67,基本合理,0.48896371,-0.42568543,2026-08-06,2026,198000000.0,1,ana-data/result/股票估值/20260806_defense_603090_valuation/宏盛股份价格合理性评估_20260806.md
603119.SH,浙江荣泰,上交所,CNY,53.87,2026-08-14,13.71735,32.71842,62.164998,偏贵,2.92714336,0.64647315,2026-08-05,2026,369598398.615,10,ana-data/result/股票估值/20260805_zhejiang_rongtai_valuation/浙江荣泰价格合理性评估_20260805.md
603121.SH,华培动力,上交所,CNY,12.52,2026-08-14,3.241117,5.83401,9.72335,明显偏贵,2.8628658,1.14603677,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603121_valuation/华培动力价格合理性评估_20260806.md
603131.SH,上海沪工,上交所,CNY,15.52,2026-08-14,4.900941,8.821693,14.702822,明显偏贵,2.1667388,0.75929949,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603131_valuation/上海沪工价格合理性评估_20260806.md
603160.SH,汇顶科技,上交所,CNY,51.13,2026-08-14,44.577,101.1555,201.63663,基本合理,0.14700406,-0.49454058,2026-08-13,2026,887697148.275,3,ana-data/result/股票估值/20260813_industry_gap_603160_valuation/汇顶科技价格合理性评估_20260813.md
603163.SH,圣晖集成,上交所,CNY,86.89,2026-08-14,59.6544,135.3696,264.647568,基本合理,0.45655643,-0.35812767,2026-08-13,2026,239000000.0,5,ana-data/result/股票估值/20260813_industry_gap_603163_valuation/圣晖集成价格合理性评估_20260813.md
603166.SH,福达股份,上交所,CNY,11.32,2026-08-14,9.9,22.08,43.47,基本合理,0.14343434,-0.48731884,2026-08-05,2026,387390390.6,3,ana-data/result/股票估值/20260805_fuda_valuation/福达股份价格合理性评估_20260805.md
603169.SH,兰石重装,上交所,CNY,6.71,2026-08-14,2.035632,3.664137,6.106895,明显偏贵,2.29627359,0.83126341,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603169_valuation/兰石重装价格合理性评估_20260806.md
603179.SH,新泉股份,上交所,CNY,40.35,2026-08-14,34.8975,77.832,153.23175,基本合理,0.15624328,-0.4815757,2026-08-04,2026,1510530144.75,16,ana-data/result/股票估值/20260805_xinquan_automotive_valuation/新泉股份价格合理性评估_20260804.md
603186.SH,华正新材,上交所,CNY,167.55,2026-08-14,78.039,177.0885,352.99641,基本合理,1.14700342,-0.0538629,2026-08-13,2026,522896377.53,2,ana-data/result/股票估值/20260813_industry_gap_603186_valuation/华正新材价格合理性评估_20260813.md
603218.SH,日月股份,上交所,CNY,9.83,2026-08-14,8.5275,20.339667,38.645367,基本合理,0.15274113,-0.51670792,2026-08-06,2026,650832222.91701,6,ana-data/result/股票估值/20260806_defense_603218_valuation/日月股份价格合理性评估_20260806.md
603227.SH,雪峰科技,上交所,CNY,7.62,2026-08-14,9.765,23.291333,44.253533,偏低,-0.21966206,-0.67283968,2026-08-06,2026,775191045.042976,3,ana-data/result/股票估值/20260806_defense_603227_valuation/雪峰科技价格合理性评估_20260806.md
603228.SH,景旺电子,上交所,CNY,98.01,2026-08-14,45.7125,105.13875,212.613917,基本合理,1.1440525,-0.06780326,2026-08-05,2026,2000810714.945328,6,ana-data/result/股票估值/20260805_kinwong_valuation/景旺电子价格合理性评估_20260805.md
603236.SH,移远通信,上交所,CNY,60.69,2026-08-14,44.685,106.582,202.5058,基本合理,0.35817388,-0.43057927,2026-08-06,2026,952695516.89,4,ana-data/result/股票估值/20260806_defense_603236_valuation/移远通信价格合理性评估_20260806.md
603239.SH,浙江仙通,上交所,CNY,14.44,2026-08-14,13.7025,32.683,62.0977,基本合理,0.0538223,-0.55818009,2026-08-04,2026,274780800.0,4,ana-data/result/股票估值/20260804_zhejiang_xiantong_valuation/浙江仙通价格合理性评估_20260804.md
603259.SH,药明康德,上交所,CNY,159.24,2026-08-14,120.653251,197.066976,293.254429,基本合理,0.31981524,-0.19194985,2026-08-04,2026,17758602369.32,30,ana-data/result/股票估值/20260804_wuxi_apptec_valuation/药明康德价格合理性评估_20260804.md
603260.SH,合盛硅业,上交所,CNY,35.48,2026-08-14,12.675,30.232222,57.441222,偏贵,1.79921105,0.17358228,2026-08-06,2026,1109960961.272354,9,ana-data/result/股票估值/20260806_defense_603260_valuation/合盛硅业价格合理性评估_20260806.md
603261.SH,立航科技,上交所,CNY,56.1,2026-08-14,6.449223,11.608602,19.34767,明显偏贵,7.69872231,3.83262326,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603261_valuation/立航科技价格合理性评估_20260806.md
603267.SH,鸿远电子,上交所,CNY,52.29,2026-08-14,34.24,78.752,149.300667,基本合理,0.52716121,-0.33601686,2026-08-06,2026,329675405.920077,6,ana-data/result/股票估值/20260806_defense_603267_valuation/鸿远电子价格合理性评估_20260806.md
603269.SH,海鸥股份,上交所,CNY,17.7,2026-08-14,6.8175,16.261,30.8959,偏贵,1.59625963,0.08849394,2026-08-06,2026,155919642.84,2,ana-data/result/股票估值/20260806_defense_603269_valuation/海鸥股份价格合理性评估_20260806.md
603286.SH,日盈电子,上交所,CNY,41.95,2026-08-14,6.177572,10.295953,16.473525,明显偏贵,5.79069382,3.07441642,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_603286_valuation/日盈电子价格合理性评估_20260813.md
603290.SH,斯达半导,上交所,CNY,87.12,2026-08-14,42.7635,97.04025,193.433565,基本合理,1.03725139,-0.1022282,2026-08-13,2026,437637759.115,5,ana-data/result/股票估值/20260813_industry_gap_603290_valuation/斯达半导价格合理性评估_20260813.md
603298.SH,杭叉集团,上交所,CNY,25.52,2026-08-14,25.630732,59.874111,113.760811,偏低,-0.00432028,-0.57377238,2026-08-06,2026,2435522737.778862,18,ana-data/result/股票估值/20260806_defense_603298_valuation/杭叉集团价格合理性评估_20260806.md
603308.SH,应流股份,上交所,CNY,48.98,2026-08-14,21.504,49.4592,93.7664,基本合理,1.27771577,-0.00968879,2026-08-06,2026,608416651.136,13,ana-data/result/股票估值/20260806_defense_603308_valuation/应流股份价格合理性评估_20260806.md
603338.SH,浙江鼎力,上交所,CNY,55.6,2026-08-14,57.346071,136.781,259.8839,偏低,-0.03044796,-0.59351079,2026-08-06,2026,2150893454.580642,14,ana-data/result/股票估值/20260806_defense_603338_valuation/浙江鼎力价格合理性评估_20260806.md
603339.SH,四方科技,上交所,CNY,13.74,2026-08-14,7.81226,17.871183,33.955248,基本合理,0.75877403,-0.2311645,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603339_valuation/四方科技价格合理性评估_20260806.md
603398.SH,*ST沐邦,上交所,CNY,11.03,2026-08-14,0.148459,0.230937,0.362901,明显偏贵,73.29660714,46.76194373,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_603398_valuation/ST沐邦价格合理性评估_20260813.md
603416.SH,信捷电气,上交所,CNY,48.45,2026-08-14,36.532568,84.102288,165.801653,基本合理,0.32621391,-0.42391579,2026-08-13,2026,319993183.775375,8,ana-data/result/股票估值/20260813_industry_gap_603416_valuation/信捷电气价格合理性评估_20260813.md
603500.SH,祥和实业,上交所,CNY,9.5,2026-08-14,6.394366,14.627634,27.792504,基本合理,0.48568287,-0.35054432,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603500_valuation/祥和实业价格合理性评估_20260806.md
603501.SH,豪威集团,上交所,CNY,91.08,2026-08-14,81.302,184.493,367.756047,基本合理,0.12026764,-0.50632273,2026-08-13,2026,4369824166.091663,18,ana-data/result/股票估值/20260813_industry_gap_603501_valuation/豪威集团价格合理性评估_20260813.md
603507.SH,振江股份,上交所,CNY,25.24,2026-08-14,23.2713,52.80795,102.564774,基本合理,0.08459777,-0.52204166,2026-08-13,2026,305479416.3525,4,ana-data/result/股票估值/20260813_industry_gap_603507_valuation/振江股份价格合理性评估_20260813.md
603595.SH,ST东尼,上交所,CNY,26.59,2026-08-14,5.88713,9.811884,15.699014,明显偏贵,3.51663204,1.70997904,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_603595_valuation/ST东尼价格合理性评估_20260813.md
603596.SH,伯特利,上交所,CNY,26.44,2026-08-14,41.537833,92.641956,182.38885,偏低,-0.36347185,-0.71460015,2026-08-04,2026,2259763362.510712,18,ana-data/result/股票估值/20260804_bethel_valuation/伯特利价格合理性评估_20260804.md
603601.SH,再升科技,上交所,CNY,9.81,2026-08-14,0.855,2.039333,3.874733,明显偏贵,10.47368421,3.81039634,2026-08-06,2026,72348261.496286,3,ana-data/result/股票估值/20260806_defense_603601_valuation/再升科技价格合理性评估_20260806.md
603602.SH,纵横通信,上交所,CNY,11.73,2026-08-14,3.856647,6.941964,11.56994,明显偏贵,2.04150211,0.68972354,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603602_valuation/纵横通信价格合理性评估_20260806.md
603606.SH,东方电缆,上交所,CNY,38.0,2026-08-14,48.826786,104.814833,201.24448,偏低,-0.22173866,-0.63745589,2026-08-06,2026,1790876314.973551,23,ana-data/result/股票估值/20260806_defense_603606_valuation/东方电缆价格合理性评估_20260806.md
603611.SH,诺力股份,上交所,CNY,16.89,2026-08-14,31.59,81.9,155.61,偏低,-0.46533713,-0.79377289,2026-08-06,2026,602785850.94,1,ana-data/result/股票估值/20260806_defense_603611_valuation/诺力股份价格合理性评估_20260806.md
603617.SH,君禾股份,上交所,CNY,6.86,2026-08-14,1.713533,3.919846,7.447707,偏贵,3.0034245,0.75006875,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603617_valuation/君禾股份价格合理性评估_20260806.md
603618.SH,杭电股份,上交所,CNY,29.87,2026-08-14,29.5245,76.545,145.4355,基本合理,0.01170215,-0.60977203,2026-08-05,2026,1512038472.192,1,ana-data/result/股票估值/20260805_hangzhou_cable_valuation/杭电股份价格合理性评估_20260805.md
603619.SH,中曼石油,上交所,CNY,22.33,2026-08-14,28.18125,67.2175,127.71325,偏低,-0.20762919,-0.66779485,2026-08-06,2026,965131537.3375,4,ana-data/result/股票估值/20260806_defense_603619_valuation/中曼石油价格合理性评估_20260806.md
603650.SH,彤程新材,上交所,CNY,64.51,2026-08-14,21.776786,53.425714,102.8445,偏贵,1.96232878,0.20747099,2026-08-04,2026,715520877.240264,7,ana-data/result/股票估值/20260805_rachem_valuation/彤程新材价格合理性评估_20260804.md
603658.SH,安图生物,上交所,CNY,33.67,2026-08-14,27.4455,65.4626,124.37894,基本合理,0.22679492,-0.48566051,2026-08-06,2026,1161706553.344,12,ana-data/result/股票估值/20260806_defense_603658_valuation/安图生物价格合理性评估_20260806.md
603662.SH,柯力传感,上交所,CNY,53.35,2026-08-14,22.589062,55.4185,106.680612,基本合理,1.36176252,-0.03732508,2026-08-04,2026,338329783.473,4,ana-data/result/股票估值/20260805_keli_sensing_valuation/柯力传感价格合理性评估_20260804.md
603663.SH,三祥新材,上交所,CNY,42.08,2026-08-14,11.4075,27.209,51.6971,偏贵,2.68880123,0.5465471,2026-08-06,2026,357688288.75,4,ana-data/result/股票估值/20260806_defense_603663_valuation/三祥新材价格合理性评估_20260806.md
603667.SH,五洲新春,上交所,CNY,55.2,2026-08-14,8.15625,20.01,38.51925,明显偏贵,5.76781609,1.75862069,2026-08-04,2026,166671086.07,2,ana-data/result/股票估值/20260805_cugroup_valuation/五洲新春价格合理性评估_20260804.md
603678.SH,火炬电子,上交所,CNY,51.69,2026-08-14,28.656,65.9088,124.9521,基本合理,0.80381072,-0.21573447,2026-08-06,2026,567826557.414,10,ana-data/result/股票估值/20260806_defense_603678_valuation/火炬电子价格合理性评估_20260806.md
603688.SH,石英股份,上交所,CNY,49.54,2026-08-14,8.8965,21.2198,40.31762,明显偏贵,4.56848199,1.33461201,2026-08-06,2026,356965992.451,5,ana-data/result/股票估值/20260806_defense_603688_valuation/石英股份价格合理性评估_20260806.md
603690.SH,至纯科技,上交所,CNY,26.05,2026-08-14,8.164564,13.607607,21.772172,明显偏贵,2.1906174,0.9143704,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_603690_valuation/至纯科技价格合理性评估_20260813.md
603698.SH,航天工程,上交所,CNY,23.87,2026-08-14,8.91,21.252,40.3788,偏贵,1.67901235,0.12318841,2026-08-06,2026,353753400.0,2,ana-data/result/股票估值/20260806_defense_603698_valuation/航天工程价格合理性评估_20260806.md
603699.SH,纽威股份,上交所,CNY,53.33,2026-08-14,47.866071,102.7525,197.2848,基本合理,0.11415036,-0.48098586,2026-08-06,2026,1979186486.447032,7,ana-data/result/股票估值/20260806_defense_603699_valuation/纽威股份价格合理性评估_20260806.md
603703.SH,盛洋科技,上交所,CNY,9.75,2026-08-14,1.991538,3.584768,5.974614,明显偏贵,3.89571376,1.71984128,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603703_valuation/盛洋科技价格合理性评估_20260806.md
603712.SH,七一二,上交所,CNY,12.01,2026-08-14,5.94507,9.90845,14.862675,偏贵,1.02016124,0.21209675,2026-08-04,2026,-162120000.0,2,ana-data/result/股票估值/20260805_seven_twelve_refresh_valuation/七一二价格合理性评估_20260804.md
603728.SH,鸣志电器,上交所,CNY,52.17,2026-08-14,3.7125,8.855,16.8245,明显偏贵,13.05252525,4.89158667,2026-08-06,2026,115192687.5,2,ana-data/result/股票估值/20260806_defense_603728_valuation/鸣志电器价格合理性评估_20260806.md
603730.SH,岱美股份,上交所,CNY,10.07,2026-08-14,6.391286,15.2444,28.96436,基本合理,0.57558275,-0.33942956,2026-08-04,2026,1017205636.977207,7,ana-data/result/股票估值/20260805_daimei_valuation/岱美股份价格合理性评估_20260804.md
603738.SH,泰晶科技,上交所,CNY,38.3,2026-08-14,2.7,7.0,13.3,明显偏贵,13.18518519,4.47142857,2026-08-06,2026,77177498.4,1,ana-data/result/股票估值/20260806_defense_603738_valuation/泰晶科技价格合理性评估_20260806.md
603757.SH,大元泵业,上交所,CNY,61.2,2026-08-14,15.93,41.3,78.47,偏贵,2.84180791,0.48184019,2026-08-06,2026,220125765.62,1,ana-data/result/股票估值/20260806_defense_603757_valuation/大元泵业价格合理性评估_20260806.md
603766.SH,隆鑫通用,上交所,CNY,13.09,2026-08-14,14.507735,34.603635,65.746907,偏低,-0.0977227,-0.62171604,2026-08-06,2026,2206832709.274496,17,ana-data/result/股票估值/20260806_defense_603766_valuation/隆鑫通用价格合理性评估_20260806.md
603767.SH,中马传动,上交所,CNY,14.95,2026-08-14,0.948469,2.169701,4.122432,明显偏贵,14.76224421,5.89035033,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603767_valuation/中马传动价格合理性评估_20260806.md
603799.SH,华友钴业,上交所,CNY,42.35,2026-08-14,44.884286,114.704286,224.8204,偏低,-0.05646266,-0.63078973,2026-08-04,2026,9443292231.21027,14,ana-data/result/股票估值/20260804_huayou_cobalt_valuation/华友钴业价格合理性评估_20260804.md
603809.SH,豪能股份,上交所,CNY,9.41,2026-08-14,7.59,16.928,33.327,基本合理,0.2397892,-0.44411626,2026-08-05,2026,423332851.22,7,ana-data/result/股票估值/20260805_haoneng_valuation/豪能股份价格合理性评估_20260805.md
603859.SH,能科科技,上交所,CNY,41.79,2026-08-14,15.069375,35.94325,68.292175,偏贵,1.77317407,0.16266615,2026-08-06,2026,273143808.74125,8,ana-data/result/股票估值/20260806_defense_603859_valuation/能科科技价格合理性评估_20260806.md
603878.SH,武进不锈,上交所,CNY,4.99,2026-08-14,2.565,6.65,12.635,基本合理,0.9454191,-0.24962406,2026-08-06,2026,106616125.57,1,ana-data/result/股票估值/20260806_defense_603878_valuation/武进不锈价格合理性评估_20260806.md
603882.SH,金域医学,上交所,CNY,30.06,2026-08-14,11.865,28.300222,53.770422,偏贵,1.5335019,0.06218248,2026-08-06,2026,407152550.583385,8,ana-data/result/股票估值/20260806_defense_603882_valuation/金域医学价格合理性评估_20260806.md
603893.SH,瑞芯微,上交所,CNY,203.99,2026-08-14,71.162,163.6726,327.3452,偏贵,1.86655799,0.24632956,2026-08-04,2026,1433227925.566808,16,ana-data/result/股票估值/20260804_rockchip_valuation/瑞芯微价格合理性评估_20260804.md
603895.SH,天永智能,上交所,CNY,25.01,2026-08-14,1.435783,3.284472,6.240497,明显偏贵,16.41906681,6.61461812,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603895_valuation/天永智能价格合理性评估_20260806.md
603901.SH,永创智能,上交所,CNY,9.67,2026-08-14,6.4125,15.295,29.0605,基本合理,0.5079922,-0.36776724,2026-08-06,2026,248943746.55,4,ana-data/result/股票估值/20260806_defense_603901_valuation/永创智能价格合理性评估_20260806.md
603915.SH,国茂股份,上交所,CNY,13.26,2026-08-14,6.48,15.456,29.3664,基本合理,1.0462963,-0.14208075,2026-08-06,2026,315183590.4,2,ana-data/result/股票估值/20260806_defense_603915_valuation/国茂股份价格合理性评估_20260806.md
603929.SH,亚翔集成,上交所,CNY,162.7,2026-08-14,174.1376,395.1584,772.534672,偏低,-0.06568139,-0.58826638,2026-08-13,2026,1488541600.000071,9,ana-data/result/股票估值/20260813_industry_gap_603929_valuation/亚翔集成价格合理性评估_20260813.md
603931.SH,格林达,上交所,CNY,39.35,2026-08-14,15.5064,37.275,73.485,偏贵,1.53766187,0.05566734,2026-08-13,2026,141686449.8,1,ana-data/result/股票估值/20260813_industry_gap_603931_valuation/格林达价格合理性评估_20260813.md
603936.SH,博敏电子,上交所,CNY,15.8,2026-08-14,4.32,11.2,21.28,偏贵,2.65740741,0.41071429,2026-08-06,2026,201727361.28,1,ana-data/result/股票估值/20260806_defense_603936_valuation/博敏电子价格合理性评估_20260806.md
603938.SH,三孚股份,上交所,CNY,44.22,2026-08-14,8.5176,20.475,40.365,明显偏贵,4.19160327,1.15970696,2026-08-13,2026,149223553.83,1,ana-data/result/股票估值/20260813_industry_gap_603938_valuation/三孚股份价格合理性评估_20260813.md
603969.SH,银龙股份,上交所,CNY,7.26,2026-08-14,8.4375,20.125,38.2375,偏低,-0.13955556,-0.63925466,2026-08-06,2026,535840000.0,4,ana-data/result/股票估值/20260806_defense_603969_valuation/银龙股份价格合理性评估_20260806.md
603978.SH,深圳新星,上交所,CNY,19.4,2026-08-14,7.857295,14.143131,23.571884,偏贵,1.4690431,0.37169061,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_603978_valuation/深圳新星价格合理性评估_20260806.md
603986.SH,兆易创新,上交所,CNY,417.48,2026-08-14,199.238684,452.118553,901.222982,基本合理,1.09537622,-0.07661387,2026-08-13,2026,5969518368.975332,19,ana-data/result/股票估值/20260813_industry_gap_603986_valuation/兆易创新价格合理性评估_20260813.md
603993.SH,洛阳钼业,上交所,CNY,18.44,2026-08-14,14.175,36.225,71.001,基本合理,0.30088183,-0.49095928,2026-08-04,2026,33696038527.2,20,ana-data/result/股票估值/20260804_cmoc_valuation/洛阳钼业价格合理性评估_20260804.md
605008.SH,长鸿高科,上交所,CNY,12.32,2026-08-14,3.023424,5.442162,9.070271,明显偏贵,3.07485024,1.26380619,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_605008_valuation/长鸿高科价格合理性评估_20260806.md
605111.SH,新洁能,上交所,CNY,58.24,2026-08-14,31.7304,72.0036,143.527176,基本合理,0.83546378,-0.19115155,2026-08-13,2026,563190960.852,5,ana-data/result/股票估值/20260813_industry_gap_605111_valuation/新洁能价格合理性评估_20260813.md
605117.SH,德业股份,上交所,CNY,90.31,2026-08-14,84.823569,139.487646,212.058921,基本合理,0.0646805,-0.35255915,2026-08-13,2026,7366799026.019884,23,ana-data/result/股票估值/20260813_deye_valuation/德业股份价格合理性评估_20260813.md
605123.SH,派克新材,上交所,CNY,78.12,2026-08-14,78.16,179.768,340.810167,偏低,-0.00051177,-0.5654399,2026-08-06,2026,394613204.946707,6,ana-data/result/股票估值/20260806_defense_605123_valuation/派克新材价格合理性评估_20260806.md
605133.SH,嵘泰股份,上交所,CNY,26.18,2026-08-14,16.89948,38.9046,76.69764,基本合理,0.54916009,-0.32707186,2026-08-13,2026,266368541.184,5,ana-data/result/股票估值/20260813_industry_gap_605133_valuation/嵘泰股份价格合理性评估_20260813.md
605333.SH,沪光股份,上交所,CNY,16.81,2026-08-14,23.434125,53.948125,106.354875,偏低,-0.28267004,-0.68840437,2026-08-13,2026,606152780.3375,8,ana-data/result/股票估值/20260813_industry_gap_605333_valuation/沪光股份价格合理性评估_20260813.md
605358.SH,立昂微,上交所,CNY,44.85,2026-08-14,6.515625,15.985,30.771125,明显偏贵,5.88345324,1.8057554,2026-08-04,2026,268339282.1175,4,ana-data/result/股票估值/20260804_lion_micro_valuation/立昂微价格合理性评估_20260804.md
605376.SH,博迁新材,上交所,CNY,168.55,2026-08-14,34.305,81.823778,155.465178,明显偏贵,3.91327795,1.05991466,2026-08-06,2026,664754666.666638,9,ana-data/result/股票估值/20260806_defense_605376_valuation/博迁新材价格合理性评估_20260806.md
605488.SH,福莱新材,上交所,CNY,29.9,2026-08-14,6.875,16.866667,32.468333,偏贵,3.34909091,0.77272724,2026-08-04,2026,109995716.966767,3,ana-data/result/股票估值/20260805_fulai_new_material_valuation/福莱新材价格合理性评估_20260804.md
605589.SH,圣泉集团,上交所,CNY,42.48,2026-08-14,21.76875,51.9225,98.65275,基本合理,0.95142119,-0.18185758,2026-08-06,2026,1364801453.025,12,ana-data/result/股票估值/20260806_defense_605589_valuation/圣泉集团价格合理性评估_20260806.md
688002.SH,睿创微纳,上交所,CNY,166.01,2026-08-14,91.2,209.76,397.67,基本合理,0.82028509,-0.2085717,2026-08-04,2026,1787950331.0,6,ana-data/result/股票估值/20260805_raytron_refresh_valuation/睿创微纳价格合理性评估_20260804.md
688003.SH,天准科技,上交所,CNY,79.0,2026-08-14,15.889714,36.58,72.114857,明显偏贵,3.97176979,1.15965008,2026-08-13,2026,172112442.857087,7,ana-data/result/股票估值/20260813_industry_gap_688003_valuation/天准科技价格合理性评估_20260813.md
688005.SH,容百科技,上交所,CNY,27.13,2026-08-14,6.075,15.525,30.429,偏贵,3.46584362,0.74750403,2026-08-04,2026,385894126.08,5,ana-data/result/股票估值/20260805_ronbay_valuation/容百科技价格合理性评估_20260804.md
688008.SH,澜起科技,上交所,CNY,211.91,2026-08-14,62.785125,142.473938,283.998049,偏贵,2.37516251,0.48735974,2026-08-13,2026,3279315431.345625,16,ana-data/result/股票估值/20260813_industry_gap_688008_valuation/澜起科技价格合理性评估_20260813.md
688010.SH,福光股份,上交所,CNY,27.15,2026-08-14,10.67586,19.216548,32.027581,偏贵,1.54312065,0.4128448,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688010_valuation/福光股份价格合理性评估_20260806.md
688011.SH,新光光电,上交所,CNY,80.66,2026-08-14,10.486015,18.874827,31.458046,明显偏贵,6.69214997,3.27341665,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688011_valuation/新光光电价格合理性评估_20260806.md
688012.SH,中微公司,上交所,CNY,374.85,2026-08-14,128.835,282.21,553.1316,偏贵,1.90953545,0.32826618,2026-08-04,2026,4701090243.984,25,ana-data/result/股票估值/20260804_amec_valuation/中微公司价格合理性评估_20260804.md
688017.SH,绿的谐波,上交所,CNY,349.93,2026-08-14,31.691538,72.890538,144.566235,明显偏贵,10.04174875,3.80076029,2026-08-04,2026,193667123.586609,12,ana-data/result/股票估值/20260805_leader_harmonic_valuation/绿的谐波价格合理性评估_20260804.md
688018.SH,乐鑫科技,上交所,CNY,112.0,2026-08-14,87.48675,198.527625,395.731733,基本合理,0.28019386,-0.43584677,2026-08-13,2026,876304342.75125,8,ana-data/result/股票估值/20260813_industry_gap_688018_valuation/乐鑫科技价格合理性评估_20260813.md
688019.SH,安集科技,上交所,CNY,248.2,2026-08-14,81.20925,193.6991,368.02829,偏贵,2.05630208,0.28136889,2026-08-06,2026,1013987417.975,8,ana-data/result/股票估值/20260806_defense_688019_valuation/安集科技价格合理性评估_20260806.md
688023.SH,安恒信息,上交所,CNY,39.69,2026-08-14,10.665,25.438,48.3322,偏贵,2.72151899,0.56026417,2026-08-06,2026,80631780.55,2,ana-data/result/股票估值/20260806_defense_688023_valuation/安恒信息价格合理性评估_20260806.md
688025.SH,杰普特,上交所,CNY,404.31,2026-08-14,123.63,280.545,559.2197,偏贵,2.27032274,0.44115917,2026-08-13,2026,502177784.849968,9,ana-data/result/股票估值/20260813_industry_gap_688025_valuation/杰普特价格合理性评估_20260813.md
688026.SH,洁特生物,上交所,CNY,18.19,2026-08-14,7.83,20.3,38.57,基本合理,1.32311622,-0.10394089,2026-08-06,2026,81411320.1,1,ana-data/result/股票估值/20260806_defense_688026_valuation/洁特生物价格合理性评估_20260806.md
688028.SH,沃尔德,上交所,CNY,91.6,2026-08-14,17.043,39.235,77.349,明显偏贵,4.37464061,1.33465018,2026-08-13,2026,143401550.0,2,ana-data/result/股票估值/20260813_industry_gap_688028_valuation/沃尔德价格合理性评估_20260813.md
688031.SH,星环科技,上交所,CNY,114.02,2026-08-14,6.657922,11.98426,19.973767,明显偏贵,16.12546347,8.51414605,2026-08-06,2026,-121539702.386626,3,ana-data/result/股票估值/20260806_defense_688031_valuation/星环科技价格合理性评估_20260806.md
688037.SH,芯源微,上交所,CNY,336.8,2026-08-14,28.459375,62.339583,122.185583,明显偏贵,10.83441309,4.40266687,2026-08-04,2026,218748509.413401,12,ana-data/result/股票估值/20260804_kingsemi_valuation/芯源微价格合理性评估_20260804.md
688038.SH,中科通达,上交所,CNY,18.08,2026-08-14,5.090331,9.162596,15.270993,明显偏贵,2.55183189,0.9732399,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688038_valuation/中科通达价格合理性评估_20260806.md
688041.SH,海光信息,上交所,CNY,280.99,2026-08-14,44.610429,101.231357,201.787839,明显偏贵,5.29875135,1.77572097,2026-08-13,2026,4431184546.343139,27,ana-data/result/股票估值/20260813_industry_gap_688041_valuation/海光信息价格合理性评估_20260813.md
688045.SH,必易微,上交所,CNY,62.36,2026-08-14,21.411,48.5865,96.84909,偏贵,1.9125216,0.2834841,2026-08-13,2026,63901604.385,4,ana-data/result/股票估值/20260813_industry_gap_688045_valuation/必易微价格合理性评估_20260813.md
688047.SH,龙芯中科,上交所,CNY,110.65,2026-08-14,5.383388,8.972313,14.355701,明显偏贵,19.55397085,11.33238297,2026-08-13,2026,-184460000.0,3,ana-data/result/股票估值/20260813_industry_gap_688047_valuation/龙芯中科价格合理性评估_20260813.md
688048.SH,长光华芯,上交所,CNY,312.0,2026-08-14,10.14,23.01,45.8666,明显偏贵,29.76923077,12.55932203,2026-08-13,2026,76387975.299941,3,ana-data/result/股票估值/20260813_industry_gap_688048_valuation/长光华芯价格合理性评估_20260813.md
688049.SH,炬芯科技,上交所,CNY,41.25,2026-08-14,22.545,53.774,102.1706,基本合理,0.82967399,-0.23290066,2026-08-06,2026,292529975.5,4,ana-data/result/股票估值/20260806_defense_688049_valuation/炬芯科技价格合理性评估_20260806.md
688052.SH,纳芯微,上交所,CNY,237.3,2026-08-14,11.427,25.9305,51.68813,明显偏贵,19.76660541,8.15138543,2026-08-13,2026,79414443.114946,12,ana-data/result/股票估值/20260813_industry_gap_688052_valuation/纳芯微价格合理性评估_20260813.md
688053.SH,ST思科瑞,上交所,CNY,34.32,2026-08-14,15.8375,28.507499,47.512499,偏贵,1.16700868,0.20389375,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688053_valuation/ST思科瑞价格合理性评估_20260806.md
688056.SH,莱伯泰科,上交所,CNY,43.31,2026-08-14,6.367785,14.566829,27.676975,明显偏贵,5.8014231,1.97319341,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688056_valuation/莱伯泰科价格合理性评估_20260806.md
688058.SH,宝兰德,上交所,CNY,23.15,2026-08-14,8.125793,14.626427,24.377379,偏贵,1.84895271,0.58275155,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688058_valuation/宝兰德价格合理性评估_20260806.md
688063.SH,派能科技,上交所,CNY,44.85,2026-08-14,23.67,60.49,118.5604,基本合理,0.89480355,-0.25855513,2026-08-04,2026,516235859.896,5,ana-data/result/股票估值/20260805_pylontech_valuation/派能科技价格合理性评估_20260804.md
688065.SH,凯赛生物,上交所,CNY,46.6,2026-08-14,14.391,34.3252,65.21788,偏贵,2.23813495,0.35760316,2026-08-06,2026,768894920.404,6,ana-data/result/股票估值/20260806_defense_688065_valuation/凯赛生物价格合理性评估_20260806.md
688070.SH,纵横股份,上交所,CNY,33.53,2026-08-14,13.68,31.464,59.6505,偏贵,1.45102339,0.06566234,2026-08-06,2026,49920600.0,3,ana-data/result/股票估值/20260806_defense_688070_valuation/纵横股份价格合理性评估_20260806.md
688071.SH,华依科技,上交所,CNY,36.0,2026-08-14,4.32,10.304,19.5776,明显偏贵,7.33333333,2.49378882,2026-08-06,2026,27132711.68,2,ana-data/result/股票估值/20260806_defense_688071_valuation/华依科技价格合理性评估_20260806.md
688072.SH,拓荆科技,上交所,CNY,688.2,2026-08-14,158.7075,347.645,681.3842,明显偏贵,3.336279,0.97960563,2026-08-04,2026,1757445137.264,10,ana-data/result/股票估值/20260804_piotech_valuation/拓荆科技价格合理性评估_20260804.md
688075.SH,安旭生物,上交所,CNY,29.71,2026-08-14,40.528665,72.951597,121.585996,偏低,-0.2669386,-0.59274367,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688075_valuation/安旭生物价格合理性评估_20260806.md
688081.SH,兴图新科,上交所,CNY,29.9,2026-08-14,3.82737,6.889267,11.482111,明显偏贵,6.81215299,3.34008437,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688081_valuation/兴图新科价格合理性评估_20260806.md
688082.SH,盛美上海,上交所,CNY,305.4,2026-08-14,87.36,198.24,387.5592,偏贵,2.49587912,0.5405569,2026-08-13,2026,1689088411.5,3,ana-data/result/股票估值/20260813_industry_gap_688082_valuation/盛美上海价格合理性评估_20260813.md
688083.SH,中望软件,上交所,CNY,53.0,2026-08-14,6.912,16.4864,31.32416,明显偏贵,6.66782407,2.21477096,2026-08-06,2026,86858877.952,9,ana-data/result/股票估值/20260806_defense_688083_valuation/中望软件价格合理性评估_20260806.md
688084.SH,晶品特装,上交所,CNY,46.2,2026-08-14,10.32,25.8,48.9125,偏贵,3.47674419,0.79069767,2026-08-04,2026,32533398.38,1,ana-data/result/股票估值/20260805_jingpin_refresh_valuation/晶品特装价格合理性评估_20260804.md
688099.SH,晶晨股份,上交所,CNY,96.8,2026-08-14,79.155818,179.622818,358.048151,基本合理,0.22290442,-0.46109297,2026-08-13,2026,1424688405.429885,11,ana-data/result/股票估值/20260813_industry_gap_688099_valuation/晶晨股份价格合理性评估_20260813.md
688102.SH,斯瑞新材,上交所,CNY,38.09,2026-08-14,6.33,14.559,27.601438,明显偏贵,5.01737757,1.61625112,2026-08-06,2026,204527015.3225,8,ana-data/result/股票估值/20260806_defense_688102_valuation/斯瑞新材价格合理性评估_20260806.md
688106.SH,金宏气体,上交所,CNY,29.68,2026-08-14,9.3912,21.3108,42.01272,偏贵,2.16040549,0.39272106,2026-08-13,2026,215798328.54,10,ana-data/result/股票估值/20260813_industry_gap_688106_valuation/金宏气体价格合理性评估_20260813.md
688107.SH,安路科技,上交所,CNY,31.86,2026-08-14,2.252132,4.053837,6.756395,明显偏贵,13.14659532,6.85922078,2026-08-06,2026,-180382215.15,1,ana-data/result/股票估值/20260806_defense_688107_valuation/安路科技价格合理性评估_20260806.md
688110.SH,东芯股份,上交所,CNY,117.09,2026-08-14,18.63,44.436,84.4284,明显偏贵,5.28502415,1.63502565,2026-08-06,2026,610304666.04,2,ana-data/result/股票估值/20260806_defense_688110_valuation/东芯股份价格合理性评估_20260806.md
688111.SH,金山办公,上交所,CNY,256.45,2026-08-14,210.365055,408.355694,774.174337,基本合理,0.21907129,-0.37199357,2026-08-06,2026,2535444419.319984,29,ana-data/result/股票估值/20260806_kingsoft_office_valuation/金山办公价格合理性评估_20260806.md
688112.SH,鼎阳科技,上交所,CNY,52.52,2026-08-14,15.876,37.8672,71.94768,偏贵,2.30813807,0.3869523,2026-08-06,2026,187685934.408,5,ana-data/result/股票估值/20260806_defense_688112_valuation/鼎阳科技价格合理性评估_20260806.md
688115.SH,思林杰,上交所,CNY,69.37,2026-08-14,0.847494,1.938712,3.683554,明显偏贵,80.85308687,34.78148792,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688115_valuation/思林杰价格合理性评估_20260806.md
688120.SH,华海清科,上交所,CNY,263.42,2026-08-14,101.22,221.72,434.5712,偏贵,1.60245011,0.18807505,2026-08-04,2026,1913661224.928,10,ana-data/result/股票估值/20260804_hwatsing_technology_valuation/华海清科价格合理性评估_20260804.md
688122.SH,西部超导,上交所,CNY,51.76,2026-08-14,35.0,80.5,152.614583,基本合理,0.47885714,-0.35701863,2026-08-04,2026,947427391.458117,6,ana-data/result/股票估值/20260805_western_superconducting_valuation/西部超导价格合理性评估_20260804.md
688126.SH,沪硅产业,上交所,CNY,25.9,2026-08-14,6.112506,9.168759,12.734388,明显偏贵,3.23721465,1.82480977,2026-08-04,2026,-553591418.3275,4,ana-data/result/股票估值/20260804_shanghai_silicon_valuation/沪硅产业价格合理性评估_20260804.md
688135.SH,利扬芯片,上交所,CNY,26.2,2026-08-14,1.215,3.15,5.985,明显偏贵,20.56378601,7.31746032,2026-08-06,2026,18310790.97,1,ana-data/result/股票估值/20260806_defense_688135_valuation/利扬芯片价格合理性评估_20260806.md
688138.SH,清溢光电,上交所,CNY,34.21,2026-08-14,19.188,43.542,86.79372,基本合理,0.78288514,-0.2143218,2026-08-13,2026,258136000.0,2,ana-data/result/股票估值/20260813_industry_gap_688138_valuation/清溢光电价格合理性评估_20260813.md
688141.SH,杰华特,上交所,CNY,143.0,2026-08-14,2.494635,4.157725,6.65236,明显偏贵,56.32301519,33.39380911,2026-08-13,2026,-380521759.605,2,ana-data/result/股票估值/20260813_industry_gap_688141_valuation/杰华特价格合理性评估_20260813.md
688143.SH,长盈通,上交所,CNY,140.0,2026-08-14,12.535714,26.91,51.6672,明显偏贵,10.16809142,4.20252694,2026-08-06,2026,86099164.765659,7,ana-data/result/股票估值/20260806_defense_688143_valuation/长盈通价格合理性评估_20260806.md
688150.SH,莱特光电,上交所,CNY,40.44,2026-08-14,18.0362,40.9283,80.68722,基本合理,1.24215744,-0.01193062,2026-08-13,2026,332346372.279033,12,ana-data/result/股票估值/20260813_industry_gap_688150_valuation/莱特光电价格合理性评估_20260813.md
688151.SH,华强科技,上交所,CNY,16.72,2026-08-14,12.29027,22.122486,36.87081,基本合理,0.36042577,-0.24420791,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688151_valuation/华强科技价格合理性评估_20260806.md
688152.SH,麒麟信安,上交所,CNY,28.24,2026-08-14,11.773117,21.191611,35.319352,偏贵,1.39868507,0.33260279,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688152_valuation/麒麟信安价格合理性评估_20260806.md
688153.SH,唯捷创芯,上交所,CNY,26.43,2026-08-14,3.7125,8.855,16.8245,明显偏贵,6.11919192,1.98475438,2026-08-06,2026,118336077.2,3,ana-data/result/股票估值/20260806_defense_688153_valuation/唯捷创芯价格合理性评估_20260806.md
688157.SH,松井股份,上交所,CNY,18.81,2026-08-14,4.05,9.66,18.354,明显偏贵,3.64444444,0.94720497,2026-08-06,2026,46929324.0,2,ana-data/result/股票估值/20260806_defense_688157_valuation/松井股份价格合理性评估_20260806.md
688159.SH,有方科技,上交所,CNY,33.32,2026-08-14,5.877954,13.4463,25.54797,明显偏贵,4.66863912,1.4780051,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688159_valuation/有方科技价格合理性评估_20260806.md
688160.SH,步科股份,上交所,CNY,109.62,2026-08-14,20.5625,50.446667,97.109833,明显偏贵,4.33106383,1.17298796,2026-08-04,2026,100032675.913364,3,ana-data/result/股票估值/20260805_kinco_valuation/步科股份价格合理性评估_20260804.md
688165.SH,埃夫特,上交所,CNY,17.27,2026-08-14,2.779783,4.632971,6.949457,明显偏贵,5.21271517,2.72762964,2026-08-04,,,0,ana-data/result/股票估值/20260805_efort_valuation/埃夫特价格合理性评估_20260804.md
688166.SH,博瑞医药,上交所,CNY,40.34,2026-08-14,4.62,12.375,25.025,明显偏贵,7.73160173,2.25979798,2026-08-04,2026,95874898.02,1,ana-data/result/股票估值/20260804_boryung_pharma_valuation/博瑞医药价格合理性评估_20260804.md
688167.SH,炬光科技,上交所,CNY,270.95,2026-08-14,17.884286,40.583571,80.896586,明显偏贵,14.1501715,5.67634694,2026-08-13,2026,99463356.40718,7,ana-data/result/股票估值/20260813_industry_gap_688167_valuation/炬光科技价格合理性评估_20260813.md
688170.SH,德龙激光,上交所,CNY,56.15,2026-08-14,25.857,58.6755,116.95983,基本合理,1.17155896,-0.04304181,2026-08-13,2026,114212800.0,2,ana-data/result/股票估值/20260813_industry_gap_688170_valuation/德龙激光价格合理性评估_20260813.md
688172.SH,燕东微,上交所,CNY,55.62,2026-08-14,12.72609,22.906962,38.17827,明显偏贵,3.37054901,1.42808278,2026-08-06,2026,-1313408649.24,1,ana-data/result/股票估值/20260806_defense_688172_valuation/燕东微价格合理性评估_20260806.md
688173.SH,希荻微,上交所,CNY,14.02,2026-08-14,0.702,1.593,3.17538,明显偏贵,18.97150997,7.80100439,2026-08-13,2026,12391254.33,2,ana-data/result/股票估值/20260813_industry_gap_688173_valuation/希荻微价格合理性评估_20260813.md
688175.SH,高凌信息,上交所,CNY,19.65,2026-08-14,13.386038,24.094869,40.158114,基本合理,0.46794742,-0.18447367,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688175_valuation/高凌信息价格合理性评估_20260806.md
688180.SH,君实生物,上交所,CNY,39.89,2026-08-14,5.742764,10.336975,17.228292,明显偏贵,5.94613256,2.85896261,2026-08-04,2026,-397443056.729219,9,ana-data/result/股票估值/20260804_junshi_bio_valuation/君实生物价格合理性评估_20260804.md
688182.SH,灿勤科技,上交所,CNY,28.45,2026-08-14,11.25,26.25,50.4,偏贵,1.52888889,0.08380952,2026-08-06,2026,240000000.0,1,ana-data/result/股票估值/20260806_defense_688182_valuation/灿勤科技价格合理性评估_20260806.md
688183.SH,生益电子,上交所,CNY,115.99,2026-08-14,43.335,103.362,196.3878,偏贵,1.67658936,0.12217256,2026-08-06,2026,2670145971.75,2,ana-data/result/股票估值/20260806_defense_688183_valuation/生益电子价格合理性评估_20260806.md
688186.SH,广大特材,上交所,CNY,14.44,2026-08-14,28.68,65.964,125.05675,偏低,-0.49651325,-0.78109272,2026-08-06,2026,335184780.42,2,ana-data/result/股票估值/20260806_defense_688186_valuation/广大特材价格合理性评估_20260806.md
688187.SH,时代电气,上交所,CNY,49.25,2026-08-14,78.47775,178.084125,354.981022,偏低,-0.37243359,-0.72344531,2026-08-13,2026,4554219486.745,8,ana-data/result/股票估值/20260813_industry_gap_688187_valuation/时代电气价格合理性评估_20260813.md
688188.SH,柏楚电子,上交所,CNY,102.82,2026-08-14,64.6425,154.184333,292.950233,基本合理,0.59059442,-0.33313588,2026-08-06,2026,1382535133.784904,12,ana-data/result/股票估值/20260806_defense_688188_valuation/柏楚电子价格合理性评估_20260806.md
688190.SH,云路股份,上交所,CNY,76.97,2026-08-14,73.44,168.912,320.229,基本合理,0.04806645,-0.54431894,2026-08-06,2026,367200000.0,2,ana-data/result/股票估值/20260806_defense_688190_valuation/云路股份价格合理性评估_20260806.md
688192.SH,迪哲医药,上交所,CNY,60.91,2026-08-14,1.575,3.88125,7.84875,明显偏贵,37.67301587,14.69339775,2026-08-04,2026,34887438.15,8,ana-data/result/股票估值/20260804_dizal_pharma_valuation/迪哲医药价格合理性评估_20260804.md
688195.SH,腾景科技,上交所,CNY,164.08,2026-08-14,13.77,32.844,62.4036,明显偏贵,10.9157589,3.99573743,2026-08-06,2026,131937000.0,3,ana-data/result/股票估值/20260806_defense_688195_valuation/腾景科技价格合理性评估_20260806.md
688199.SH,久日新材,上交所,CNY,23.28,2026-08-14,3.594134,8.221876,15.621564,明显偏贵,5.47722094,1.83147058,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688199_valuation/久日新材价格合理性评估_20260806.md
688200.SH,华峰测控,上交所,CNY,408.0,2026-08-14,120.978347,274.527787,536.701823,偏贵,2.37250434,0.48618835,2026-08-13,2026,656914482.327793,9,ana-data/result/股票估值/20260813_industry_gap_688200_valuation/华峰测控价格合理性评估_20260813.md
688201.SH,ST信安,上交所,CNY,7.23,2026-08-14,1.335684,3.055487,5.805424,明显偏贵,4.41295696,1.36623491,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688201_valuation/ST信安价格合理性评估_20260806.md
688202.SH,美迪西,上交所,CNY,108.76,2026-08-14,9.52,23.46,47.441333,明显偏贵,10.42436975,3.63597613,2026-08-04,2026,60906323.413289,3,ana-data/result/股票估值/20260804_medicilon_valuation/美迪西价格合理性评估_20260804.md
688206.SH,概伦电子,上交所,CNY,35.72,2026-08-14,2.7456,6.2304,12.180432,明显偏贵,12.00990676,4.73317925,2026-08-13,2026,47879338.43,2,ana-data/result/股票估值/20260813_industry_gap_688206_valuation/概伦电子价格合理性评估_20260813.md
688209.SH,英集芯,上交所,CNY,22.01,2026-08-14,11.500971,25.369789,50.570447,基本合理,0.91375146,-0.13243267,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_688209_valuation/英集芯价格合理性评估_20260813.md
688213.SH,思特威,上交所,CNY,97.31,2026-08-14,46.90125,111.868167,212.549517,基本合理,1.07478479,-0.13013682,2026-08-06,2026,1397680787.479301,13,ana-data/result/股票估值/20260806_defense_688213_valuation/思特威价格合理性评估_20260806.md
688216.SH,气派科技,上交所,CNY,31.29,2026-08-14,5.75472,9.5912,15.345919,明显偏贵,4.43727584,2.2623655,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_688216_valuation/气派科技价格合理性评估_20260813.md
688220.SH,翱捷科技,上交所,CNY,102.17,2026-08-14,0.835714,1.896429,3.780214,明显偏贵,121.25474265,52.87494074,2026-08-13,2026,14939317.464166,8,ana-data/result/股票估值/20260813_industry_gap_688220_valuation/翱捷科技价格合理性评估_20260813.md
688223.SH,晶科能源,上交所,CNY,4.4,2026-08-14,2.260558,3.516424,5.525809,偏贵,0.94642208,0.25127118,2026-08-13,2026,175513489.201297,12,ana-data/result/股票估值/20260813_industry_gap_688223_valuation/晶科能源价格合理性评估_20260813.md
688225.SH,亚信安全,上交所,CNY,12.52,2026-08-14,2.295,5.95,11.305,明显偏贵,4.45533769,1.10420168,2026-08-06,2026,68001700.0,1,ana-data/result/股票估值/20260806_defense_688225_valuation/亚信安全价格合理性评估_20260806.md
688231.SH,隆达股份,上交所,CNY,30.01,2026-08-14,14.82,34.086,64.621375,基本合理,1.02496626,-0.11957989,2026-08-06,2026,152434285.8025,4,ana-data/result/股票估值/20260806_defense_688231_valuation/隆达股份价格合理性评估_20260806.md
688233.SH,神工股份,上交所,CNY,119.12,2026-08-14,26.116071,64.071429,123.3375,偏贵,3.56117614,0.85917502,2026-08-04,2026,237211560.857119,7,ana-data/result/股票估值/20260804_thinkon_valuation/神工股份价格合理性评估_20260804.md
688234.SH,天岳先进,上交所,CNY,111.15,2026-08-14,3.2058,7.2747,14.500902,明显偏贵,33.67153285,14.27898058,2026-08-13,2026,66392740.528,9,ana-data/result/股票估值/20260813_industry_gap_688234_valuation/天岳先进价格合理性评估_20260813.md
688237.SH,超卓航科,上交所,CNY,60.21,2026-08-14,1.312175,2.701537,5.186951,明显偏贵,44.88564787,21.28731274,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688237_valuation/超卓航科价格合理性评估_20260806.md
688239.SH,航宇科技,上交所,CNY,45.74,2026-08-14,29.625,63.595,122.1024,基本合理,0.54396624,-0.28076107,2026-08-06,2026,301195464.78,10,ana-data/result/股票估值/20260806_defense_688239_valuation/航宇科技价格合理性评估_20260806.md
688249.SH,晶合集成,上交所,CNY,40.09,2026-08-14,10.998,26.6208,52.043664,偏贵,2.64520822,0.50596526,2026-08-13,2026,943568097.59,6,ana-data/result/股票估值/20260813_industry_gap_688249_valuation/晶合集成价格合理性评估_20260813.md
688256.SH,寒武纪,上交所,CNY,1093.0,2026-08-14,246.1836,558.6474,1113.570484,偏贵,3.43977584,0.95651139,2026-08-13,2026,6610060895.859542,15,ana-data/result/股票估值/20260813_industry_gap_688256_valuation/寒武纪价格合理性评估_20260813.md
688258.SH,卓易信息,上交所,CNY,107.25,2026-08-14,19.6425,46.851,89.0169,明显偏贵,4.46009927,1.28917206,2026-08-06,2026,176261954.835,6,ana-data/result/股票估值/20260806_defense_688258_valuation/卓易信息价格合理性评估_20260806.md
688261.SH,东微半导,上交所,CNY,71.35,2026-08-14,25.272,57.348,114.31368,偏贵,1.82328268,0.24415847,2026-08-13,2026,132380973.0,3,ana-data/result/股票估值/20260813_industry_gap_688261_valuation/东微半导价格合理性评估_20260813.md
688262.SH,国芯科技,上交所,CNY,28.21,2026-08-14,0.135,0.322,0.6118,明显偏贵,207.96296296,86.60869565,2026-08-06,2026,3359999.13,2,ana-data/result/股票估值/20260806_defense_688262_valuation/国芯科技价格合理性评估_20260806.md
688268.SH,华特气体,上交所,CNY,155.0,2026-08-14,37.46875,91.923333,176.952417,偏贵,3.13678065,0.68618777,2026-08-04,2026,255151272.603291,6,ana-data/result/股票估值/20260804_huate_gas_valuation/华特气体价格合理性评估_20260804.md
688269.SH,凯立新材,上交所,CNY,30.69,2026-08-14,21.5325,51.359,97.5821,基本合理,0.42528736,-0.40244164,2026-08-06,2026,208472880.0,2,ana-data/result/股票估值/20260806_defense_688269_valuation/凯立新材价格合理性评估_20260806.md
688270.SH,ST臻镭,上交所,CNY,66.65,2026-08-14,12.16442,26.833279,50.871424,明显偏贵,4.47909395,1.48385596,2026-08-04,,,0,ana-data/result/股票估值/20260805_zhenlei_valuation/ST臻镭价格合理性评估_20260804.md
688272.SH,富吉瑞,上交所,CNY,28.99,2026-08-14,5.244166,9.439499,15.732499,明显偏贵,4.52804774,2.07113757,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688272_valuation/富吉瑞价格合理性评估_20260806.md
688278.SH,特宝生物,上交所,CNY,60.8,2026-08-14,65.73,161.9775,327.5545,偏低,-0.0750038,-0.62463922,2026-08-04,2026,1277633072.4,14,ana-data/result/股票估值/20260804_tebao_bio_valuation/特宝生物价格合理性评估_20260804.md
688281.SH,华秦科技,上交所,CNY,48.58,2026-08-14,45.39,104.397,197.919312,基本合理,0.0702798,-0.53466096,2026-08-06,2026,515499289.09375,8,ana-data/result/股票估值/20260806_defense_688281_valuation/华秦科技价格合理性评估_20260806.md
688282.SH,理工导航,上交所,CNY,56.96,2026-08-14,14.320041,25.776074,42.960124,明显偏贵,2.97764224,1.20980123,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688282_valuation/理工导航价格合理性评估_20260806.md
688283.SH,坤恒顺维,上交所,CNY,29.18,2026-08-14,6.6825,15.939,30.2841,偏贵,3.36662926,0.83072966,2026-08-06,2026,60291000.0,2,ana-data/result/股票估值/20260806_defense_688283_valuation/坤恒顺维价格合理性评估_20260806.md
688285.SH,高铁电气,上交所,CNY,7.58,2026-08-14,2.099936,4.803775,9.127172,偏贵,2.60963382,0.57792569,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688285_valuation/高铁电气价格合理性评估_20260806.md
688286.SH,敏芯股份,上交所,CNY,53.56,2026-08-14,17.082,38.763,77.26758,偏贵,2.13546423,0.38173,2026-08-13,2026,40923633.56,3,ana-data/result/股票估值/20260813_industry_gap_688286_valuation/敏芯股份价格合理性评估_20260813.md
688290.SH,景业智能,上交所,CNY,67.28,2026-08-14,13.114618,23.606312,39.343853,明显偏贵,4.13015324,1.85008518,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688290_valuation/景业智能价格合理性评估_20260806.md
688293.SH,奥浦迈,上交所,CNY,66.37,2026-08-14,13.7025,32.683,62.0977,明显偏贵,3.84364167,1.03071933,2026-08-06,2026,131986566.39,7,ana-data/result/股票估值/20260806_defense_688293_valuation/奥浦迈价格合理性评估_20260806.md
688295.SH,中复神鹰,上交所,CNY,41.7,2026-08-14,3.375,8.05,15.295,明显偏贵,11.35555556,4.18012422,2026-08-06,2026,225000000.0,6,ana-data/result/股票估值/20260806_defense_688295_valuation/中复神鹰价格合理性评估_20260806.md
688297.SH,中无人机,上交所,CNY,40.77,2026-08-14,5.1,11.73,22.238125,明显偏贵,6.99411765,2.47570332,2026-08-04,2026,143437500.0,4,ana-data/result/股票估值/20260805_avic_uav_valuation/中无人机价格合理性评估_20260804.md
688300.SH,联瑞新材,上交所,CNY,164.65,2026-08-14,22.14,52.808,100.3352,明显偏贵,6.43676603,2.1178988,2026-08-06,2026,396009471.6,8,ana-data/result/股票估值/20260806_defense_688300_valuation/联瑞新材价格合理性评估_20260806.md
688303.SH,大全能源,上交所,CNY,18.53,2026-08-14,12.45446,19.571295,28.467338,基本合理,0.48782043,-0.05320522,2026-08-05,2026,64356171.72,6,ana-data/result/股票估值/20260805_dqo_energy_valuation/大全能源价格合理性评估_20260805.md
688305.SH,科德数控,上交所,CNY,64.95,2026-08-14,19.2375,41.2965,79.28928,偏贵,2.37621832,0.57277251,2026-08-06,2026,136362251.628,5,ana-data/result/股票估值/20260806_defense_688305_valuation/科德数控价格合理性评估_20260806.md
688311.SH,盟升电子,上交所,CNY,24.2,2026-08-14,7.21875,15.49625,29.7528,偏贵,2.35238095,0.56166815,2026-08-06,2026,64649379.41,2,ana-data/result/股票估值/20260806_defense_688311_valuation/盟升电子价格合理性评估_20260806.md
688313.SH,仕佳光子,上交所,CNY,140.76,2026-08-14,22.030875,52.547717,99.840662,明显偏贵,5.38921514,1.67870819,2026-08-06,2026,737604021.768817,12,ana-data/result/股票估值/20260806_defense_688313_valuation/仕佳光子价格合理性评估_20260806.md
688316.SH,青云科技,上交所,CNY,54.77,2026-08-14,1.10946,1.997029,3.328381,明显偏贵,48.36635841,26.42574094,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688316_valuation/青云科技价格合理性评估_20260806.md
688320.SH,禾川科技,上交所,CNY,35.09,2026-08-14,7.231878,12.053129,19.285007,明显偏贵,3.85212831,1.91127723,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_688320_valuation/禾川科技价格合理性评估_20260813.md
688322.SH,奥比中光,上交所,CNY,109.98,2026-08-14,22.637143,52.065429,103.2631,明显偏贵,3.85838694,1.11234215,2026-08-04,2026,311513293.488966,7,ana-data/result/股票估值/20260805_orbbec_valuation/奥比中光价格合理性评估_20260804.md
688323.SH,瑞华泰,上交所,CNY,28.99,2026-08-14,4.660527,8.388949,13.981581,明显偏贵,5.22032659,2.45573683,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688323_valuation/瑞华泰价格合理性评估_20260806.md
688327.SH,云从科技,上交所,CNY,10.7,2026-08-14,0.724571,1.304228,2.173714,明显偏贵,13.76735889,7.20408702,2026-08-05,2026,-276946272.000346,3,ana-data/result/股票估值/20260805_cloudwalk_valuation/云从科技价格合理性评估_20260805.md
688332.SH,中科蓝讯,上交所,CNY,92.72,2026-08-14,63.18,143.37,285.7842,基本合理,0.46755302,-0.35328172,2026-08-13,2026,325615140.0,6,ana-data/result/股票估值/20260813_industry_gap_688332_valuation/中科蓝讯价格合理性评估_20260813.md
688333.SH,铂力特,上交所,CNY,109.73,2026-08-14,26.0,59.8,113.370833,偏贵,3.22038462,0.83494983,2026-08-06,2026,297182355.166575,4,ana-data/result/股票估值/20260806_defense_688333_valuation/铂力特价格合理性评估_20260806.md
688334.SH,西高院,上交所,CNY,17.9,2026-08-14,11.88,30.8,58.52,基本合理,0.50673401,-0.41883117,2026-08-06,2026,278589930.08,1,ana-data/result/股票估值/20260806_defense_688334_valuation/西高院价格合理性评估_20260806.md
688336.SH,三生国健,上交所,CNY,48.4,2026-08-14,74.922058,155.825289,315.113363,偏低,-0.35399532,-0.68939573,2026-08-04,2026,900855927.050132,6,ana-data/result/股票估值/20260804_sunshine_guojian_valuation/三生国健价格合理性评估_20260804.md
688337.SH,普源精电,上交所,CNY,44.44,2026-08-14,9.495,22.647333,43.029933,明显偏贵,3.68035808,0.96226196,2026-08-06,2026,136358339.956602,6,ana-data/result/股票估值/20260806_defense_688337_valuation/普源精电价格合理性评估_20260806.md
688338.SH,赛科希德,上交所,CNY,30.88,2026-08-14,11.745,30.45,57.855,偏贵,1.62920392,0.01412151,2026-08-06,2026,92343888.0,1,ana-data/result/股票估值/20260806_defense_688338_valuation/赛科希德价格合理性评估_20260806.md
688343.SH,云天励飞,上交所,CNY,59.79,2026-08-14,10.344554,18.620197,31.033662,明显偏贵,4.77985286,2.2110294,2026-08-06,2026,-492656630.6,1,ana-data/result/股票估值/20260806_defense_688343_valuation/云天励飞价格合理性评估_20260806.md
688347.SH,华虹宏力,上交所,CNY,253.24,2026-08-14,13.467857,30.976071,57.822,明显偏贵,17.80328845,7.17534283,2026-08-04,2026,1040153374.910684,7,ana-data/result/股票估值/20260804_huahong_grace_valuation/华虹宏力价格合理性评估_20260804.md
688350.SH,富淼科技,上交所,CNY,30.07,2026-08-14,2.926588,6.694809,12.720137,明显偏贵,9.27476365,3.49153964,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688350_valuation/富淼科技价格合理性评估_20260806.md
688352.SH,颀中科技,上交所,CNY,18.83,2026-08-14,3.375,8.75,16.625,明显偏贵,4.57925926,1.152,2026-08-06,2026,297259322.0,1,ana-data/result/股票估值/20260806_defense_688352_valuation/颀中科技价格合理性评估_20260806.md
688357.SH,建龙微纳,上交所,CNY,26.84,2026-08-14,15.3225,39.725,75.4775,基本合理,0.75167238,-0.32435494,2026-08-06,2026,113567958.125,1,ana-data/result/股票估值/20260806_defense_688357_valuation/建龙微纳价格合理性评估_20260806.md
688361.SH,中科飞测,上交所,CNY,324.33,2026-08-14,27.726562,66.807813,127.542187,明显偏贵,10.69744738,3.85467171,2026-08-04,2026,371854577.49375,8,ana-data/result/股票估值/20260804_skyverse_valuation/中科飞测价格合理性评估_20260804.md
688362.SH,甬矽电子,上交所,CNY,67.99,2026-08-14,6.44625,15.3755,29.21345,明显偏贵,9.54721737,3.42197002,2026-08-06,2026,196005646.825,4,ana-data/result/股票估值/20260806_defense_688362_valuation/甬矽电子价格合理性评估_20260806.md
688368.SH,晶丰明源,上交所,CNY,130.02,2026-08-14,25.164,60.0208,114.03952,明显偏贵,4.1669051,1.16624903,2026-08-06,2026,164964896.584,5,ana-data/result/股票估值/20260806_defense_688368_valuation/晶丰明源价格合理性评估_20260806.md
688371.SH,菲沃泰,上交所,CNY,31.5,2026-08-14,3.5625,9.5,18.2875,明显偏贵,7.84210526,2.31578947,2026-08-04,2026,63739747.64,1,ana-data/result/股票估值/20260804_favored_valuation/菲沃泰价格合理性评估_20260804.md
688372.SH,伟测科技,上交所,CNY,130.01,2026-08-14,35.262,84.1064,159.80216,偏贵,2.68697181,0.54578011,2026-08-06,2026,389328637.916,5,ana-data/result/股票估值/20260806_defense_688372_valuation/伟测科技价格合理性评估_20260806.md
688375.SH,国博电子,上交所,CNY,83.84,2026-08-14,25.245,58.0635,110.078719,偏贵,2.32105367,0.44393638,2026-08-06,2026,626933172.9375,16,ana-data/result/股票估值/20260806_defense_688375_valuation/国博电子价格合理性评估_20260806.md
688378.SH,奥来德,上交所,CNY,41.97,2026-08-14,28.236,64.074,126.317314,基本合理,0.48640034,-0.34497612,2026-08-13,2026,337985390.599963,8,ana-data/result/股票估值/20260813_industry_gap_688378_valuation/奥来德价格合理性评估_20260813.md
688380.SH,中微半导,上交所,CNY,40.28,2026-08-14,12.015,31.15,59.185,偏贵,2.35247607,0.29309791,2026-08-06,2026,356324850.0,1,ana-data/result/股票估值/20260806_defense_688380_valuation/中微半导价格合理性评估_20260806.md
688381.SH,帝奥微,上交所,CNY,33.66,2026-08-14,1.2285,2.78775,5.556915,明显偏贵,26.3992674,11.07425343,2026-08-13,2026,12993750.0,4,ana-data/result/股票估值/20260813_industry_gap_688381_valuation/帝奥微价格合理性评估_20260813.md
688383.SH,新益昌,上交所,CNY,121.09,2026-08-14,30.65088,69.55392,135.977914,偏贵,2.95062067,0.74095148,2026-08-13,2026,124821902.0,5,ana-data/result/股票估值/20260813_industry_gap_688383_valuation/新益昌价格合理性评估_20260813.md
688385.SH,复旦微电,上交所,CNY,54.6,2026-08-14,16.2405,38.7366,73.59954,偏贵,2.36196546,0.40951968,2026-08-06,2026,990927039.75,5,ana-data/result/股票估值/20260806_defense_688385_valuation/复旦微电价格合理性评估_20260806.md
688386.SH,泛亚微透,上交所,CNY,54.51,2026-08-14,25.083,59.8276,113.67244,基本合理,1.17318503,-0.08888205,2026-08-06,2026,169078000.0,5,ana-data/result/股票估值/20260806_defense_688386_valuation/泛亚微透价格合理性评估_20260806.md
688387.SH,信科移动,上交所,CNY,14.44,2026-08-14,0.045,0.107333,0.203933,明显偏贵,319.88888889,133.5345793,2026-08-06,2026,11395833.332194,3,ana-data/result/股票估值/20260806_defense_688387_valuation/信科移动价格合理性评估_20260806.md
688392.SH,骄成超声,上交所,CNY,177.5,2026-08-14,56.21,135.439333,258.566,偏贵,2.1578011,0.31054987,2026-08-04,2026,247823701.546628,12,ana-data/result/股票估值/20260805_sonic_technology_refresh_valuation/骄成超声价格合理性评估_20260804.md
688396.SH,华润微,上交所,CNY,60.73,2026-08-14,19.5,44.25,88.205,偏贵,2.11435897,0.37242938,2026-08-13,2026,1020938069.949592,6,ana-data/result/股票估值/20260813_industry_gap_688396_valuation/华润微价格合理性评估_20260813.md
688400.SH,凌云光,上交所,CNY,48.71,2026-08-14,14.03805,32.31725,63.71115,偏贵,2.46985514,0.50724458,2026-08-13,2026,374997784.0875,4,ana-data/result/股票估值/20260813_industry_gap_688400_valuation/凌云光价格合理性评估_20260813.md
688401.SH,路维光电,上交所,CNY,72.19,2026-08-14,39.144,90.0312,180.0624,基本合理,0.84421623,-0.19816686,2026-08-05,2026,360401516.392,5,ana-data/result/股票估值/20260805_freewon_valuation/路维光电价格合理性评估_20260805.md
688409.SH,富创精密,上交所,CNY,209.55,2026-08-14,24.6375,60.444,116.3547,明显偏贵,7.50532725,2.46684534,2026-08-04,2026,402360953.094,6,ana-data/result/股票估值/20260804_futronics_valuation/富创精密价格合理性评估_20260804.md
688416.SH,恒烁股份,上交所,CNY,75.24,2026-08-14,16.030188,28.854339,48.090565,明显偏贵,3.69364427,1.60758009,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688416_valuation/恒烁股份价格合理性评估_20260806.md
688418.SH,震有科技,上交所,CNY,36.84,2026-08-14,9.46875,20.32625,39.0264,偏贵,2.89069307,0.81243466,2026-08-06,2026,97240090.17,2,ana-data/result/股票估值/20260806_defense_688418_valuation/震有科技价格合理性评估_20260806.md
688419.SH,耐科装备,上交所,CNY,50.4,2026-08-14,15.985556,36.941412,70.524514,偏贵,2.15284623,0.36432251,2026-08-04,,,0,ana-data/result/股票估值/20260804_naike_equipment_valuation/耐科装备价格合理性评估_20260804.md
688432.SH,有研硅,上交所,CNY,41.0,2026-08-14,4.914,11.8944,23.253552,明显偏贵,7.34350834,2.44700027,2026-08-13,2026,262563390.18,2,ana-data/result/股票估值/20260813_industry_gap_688432_valuation/有研硅价格合理性评估_20260813.md
688439.SH,振华风光,上交所,CNY,39.39,2026-08-14,15.955883,37.8,71.6625,偏贵,1.46868193,0.04206349,2026-08-06,2026,126000000.0,1,ana-data/result/股票估值/20260806_defense_688439_valuation/振华风光价格合理性评估_20260806.md
688449.SH,联芸科技,上交所,CNY,69.65,2026-08-14,7.878,17.877,35.63482,明显偏贵,7.84107642,2.89606757,2026-08-13,2026,154866666.66682,3,ana-data/result/股票估值/20260813_industry_gap_688449_valuation/联芸科技价格合理性评估_20260813.md
688456.SH,有研粉材,上交所,CNY,86.53,2026-08-14,20.79,49.588,94.2172,偏贵,3.16209716,0.74497862,2026-08-06,2026,159636400.0,2,ana-data/result/股票估值/20260806_defense_688456_valuation/有研粉材价格合理性评估_20260806.md
688458.SH,美芯晟,上交所,CNY,34.8,2026-08-14,5.4675,13.041,24.7779,明显偏贵,5.3648834,1.66850702,2026-08-06,2026,45172334.745,2,ana-data/result/股票估值/20260806_defense_688458_valuation/美芯晟价格合理性评估_20260806.md
688469.SH,芯联集成,上交所,CNY,9.22,2026-08-14,1.592801,3.185602,5.574804,明显偏贵,4.78854483,1.89427242,2026-08-13,2026,335307486.88,5,ana-data/result/股票估值/20260813_industry_gap_688469_valuation/芯联集成价格合理性评估_20260813.md
688484.SH,南芯科技,上交所,CNY,36.8,2026-08-14,17.316,41.625,82.9725,基本合理,1.12520213,-0.11591592,2026-08-13,2026,316470745.8,1,ana-data/result/股票估值/20260813_industry_gap_688484_valuation/南芯科技价格合理性评估_20260813.md
688486.SH,龙迅股份,上交所,CNY,44.33,2026-08-14,29.565,70.518,133.9842,基本合理,0.49940808,-0.37136618,2026-08-06,2026,291987623.58,3,ana-data/result/股票估值/20260806_defense_688486_valuation/龙迅股份价格合理性评估_20260806.md
688498.SH,源杰科技,上交所,CNY,1519.0,2026-08-14,207.28125,476.746875,964.088125,明显偏贵,6.32820745,2.18617715,2026-08-05,2026,791793425.775,13,ana-data/result/股票估值/20260805_yuanjie_valuation/源杰科技价格合理性评估_20260805.md
688502.SH,茂莱光学,上交所,CNY,435.38,2026-08-14,48.68625,111.978375,222.090444,明显偏贵,7.94256592,2.88807214,2026-08-04,2026,85689013.9105,8,ana-data/result/股票估值/20260805_magnity_optics_valuation/茂莱光学价格合理性评估_20260804.md
688506.SH,百利天恒,上交所,CNY,302.0,2026-08-14,13.669353,24.604835,41.008058,明显偏贵,21.09321831,11.27401037,2026-08-04,2026,-1023927066.16,9,ana-data/result/股票估值/20260804_baili_tianheng_valuation/百利天恒价格合理性评估_20260804.md
688507.SH,索辰科技,上交所,CNY,173.3,2026-08-14,37.253614,55.880421,77.611696,明显偏贵,3.65189767,2.10126511,2026-08-05,2026,76455336.672,5,ana-data/result/股票估值/20260805_suren_tech_valuation/索辰科技价格合理性评估_20260805.md
688508.SH,芯朋微,上交所,CNY,84.98,2026-08-14,36.27,82.305,164.0613,偏贵,1.34298318,0.03250106,2026-08-13,2026,203531036.3,7,ana-data/result/股票估值/20260813_industry_gap_688508_valuation/芯朋微价格合理性评估_20260813.md
688509.SH,正元地信,上交所,CNY,4.2,2026-08-14,1.431785,2.577213,4.295356,偏贵,1.93340131,0.6296674,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688509_valuation/正元地信价格合理性评估_20260806.md
688510.SH,航亚科技,上交所,CNY,23.34,2026-08-14,12.964286,27.83,53.4336,基本合理,0.80033054,-0.16133669,2026-08-06,2026,179441346.102968,7,ana-data/result/股票估值/20260806_defense_688510_valuation/航亚科技价格合理性评估_20260806.md
688511.SH,天微电子,上交所,CNY,23.42,2026-08-14,1.659501,3.660665,6.94001,明显偏贵,13.11267604,5.39774467,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688511_valuation/天微电子价格合理性评估_20260806.md
688512.SH,慧智微,上交所,CNY,14.77,2026-08-14,3.064055,5.106759,8.170814,明显偏贵,3.82040956,1.89224536,2026-08-13,2026,-107374016.04,2,ana-data/result/股票估值/20260813_industry_gap_688512_valuation/慧智微价格合理性评估_20260813.md
688515.SH,裕太微,上交所,CNY,154.85,2026-08-14,18.335703,33.004265,55.007108,明显偏贵,7.44527205,3.69181786,2026-08-06,2026,-47200000.0,2,ana-data/result/股票估值/20260806_defense_688515_valuation/裕太微价格合理性评估_20260806.md
688521.SH,芯原股份,上交所,CNY,207.28,2026-08-14,8.1396,18.72108,37.44216,明显偏贵,24.46562485,10.0720108,2026-08-04,2026,203844759.8148,14,ana-data/result/股票估值/20260804_verisilicon_valuation/芯原股份价格合理性评估_20260804.md
688522.SH,纳睿雷达,上交所,CNY,19.33,2026-08-14,8.775,22.75,43.225,基本合理,1.202849,-0.15032967,2026-08-06,2026,196947143.9,1,ana-data/result/股票估值/20260806_defense_688522_valuation/纳睿雷达价格合理性评估_20260806.md
688523.SH,航天环宇,上交所,CNY,47.13,2026-08-14,3.0,6.44,12.3648,明显偏贵,14.71,6.31832298,2026-08-06,2026,65100800.0,2,ana-data/result/股票估值/20260806_defense_688523_valuation/航天环宇价格合理性评估_20260806.md
688525.SH,佰维存储,上交所,CNY,242.0,2026-08-14,353.3775,812.76825,1625.5365,偏低,-0.31517994,-0.70225215,2026-08-05,2026,7860658850.025001,8,ana-data/result/股票估值/20260805_biwin_storage_sh_valuation/佰维存储价格合理性评估_20260805.md
688535.SH,华海诚科,上交所,CNY,105.42,2026-08-14,21.0,56.0,107.8,偏贵,4.02,0.8825,2026-08-04,2026,160466936.0,1,ana-data/result/股票估值/20260804_sinoresin_valuation/华海诚科价格合理性评估_20260804.md
688536.SH,思瑞浦,上交所,CNY,274.5,2026-08-14,36.276429,86.526,164.3994,明显偏贵,6.56689695,2.17245683,2026-08-06,2026,370552536.655734,14,ana-data/result/股票估值/20260806_defense_688536_valuation/思瑞浦价格合理性评估_20260806.md
688543.SH,国科军工,上交所,CNY,39.76,2026-08-14,35.97,82.731,156.844188,基本合理,0.10536558,-0.51940627,2026-08-04,2026,375602386.45875,8,ana-data/result/股票估值/20260805_guoke_military_refresh_valuation/国科军工价格合理性评估_20260804.md
688545.SH,兴福电子,上交所,CNY,89.32,2026-08-14,19.188,43.542,85.839943,明显偏贵,3.6549927,1.05135272,2026-08-13,2026,316285714.28556,7,ana-data/result/股票估值/20260813_industry_gap_688545_valuation/兴福电子价格合理性评估_20260813.md
688548.SH,广钢气体,上交所,CNY,39.0,2026-08-14,7.743273,17.571273,34.640509,明显偏贵,4.03662986,1.21953185,2026-08-13,2026,467786748.353946,10,ana-data/result/股票估值/20260813_industry_gap_688548_valuation/广钢气体价格合理性评估_20260813.md
688550.SH,瑞联新材,上交所,CNY,40.05,2026-08-14,29.727,70.9044,134.71836,基本合理,0.34726007,-0.43515494,2026-08-06,2026,382805452.476,5,ana-data/result/股票估值/20260806_defense_688550_valuation/瑞联新材价格合理性评估_20260806.md
688552.SH,航天南湖,上交所,CNY,27.93,2026-08-14,4.662857,10.724571,20.332,明显偏贵,4.98988989,1.60429998,2026-08-06,2026,65522468.571525,7,ana-data/result/股票估值/20260806_defense_688552_valuation/航天南湖价格合理性评估_20260806.md
688561.SH,奇安信,上交所,CNY,26.66,2026-08-14,10.349373,18.628871,31.048119,偏贵,1.57600146,0.43111196,2026-08-06,2026,-664059318.999773,3,ana-data/result/股票估值/20260806_defense_688561_valuation/奇安信价格合理性评估_20260806.md
688562.SH,航天软件,上交所,CNY,14.38,2026-08-14,4.167371,7.501268,12.502114,明显偏贵,2.45061671,0.91700923,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688562_valuation/航天软件价格合理性评估_20260806.md
688563.SH,航材股份,上交所,CNY,51.8,2026-08-14,31.570909,72.613091,137.662318,基本合理,0.64075098,-0.28663001,2026-08-06,2026,591954545.45475,11,ana-data/result/股票估值/20260806_defense_688563_valuation/航材股份价格合理性评估_20260806.md
688568.SH,中科星图,上交所,CNY,35.8,2026-08-14,12.72,29.256,55.4645,偏贵,1.81446541,0.22368061,2026-08-06,2026,428281823.36,2,ana-data/result/股票估值/20260806_defense_688568_valuation/中科星图价格合理性评估_20260806.md
688569.SH,铁科轨道,上交所,CNY,16.93,2026-08-14,14.85,38.5,73.15,基本合理,0.14006734,-0.56025974,2026-08-06,2026,231733370.0,1,ana-data/result/股票估值/20260806_defense_688569_valuation/铁科轨道价格合理性评估_20260806.md
688577.SH,浙海德曼,上交所,CNY,43.27,2026-08-14,8.363467,18.716199,36.897649,明显偏贵,4.17369172,1.31190104,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_688577_valuation/浙海德曼价格合理性评估_20260813.md
688579.SH,地纬智能,上交所,CNY,7.98,2026-08-14,0.849674,1.943699,3.693029,明显偏贵,8.39183734,3.10557396,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688579_valuation/地纬智能价格合理性评估_20260806.md
688582.SH,芯动联科,上交所,CNY,42.51,2026-08-14,24.693333,56.794667,107.673222,基本合理,0.7215173,-0.25151423,2026-08-06,2026,413344850.951156,9,ana-data/result/股票估值/20260806_defense_688582_valuation/芯动联科价格合理性评估_20260806.md
688583.SH,思看科技,上交所,CNY,92.68,2026-08-14,29.67276,68.3102,134.66868,偏贵,2.12340342,0.35675199,2026-08-13,2026,146213600.0,5,ana-data/result/股票估值/20260813_industry_gap_688583_valuation/思看科技价格合理性评估_20260813.md
688584.SH,上海合晶,上交所,CNY,28.53,2026-08-14,5.85,14.16,27.6828,明显偏贵,3.87692308,1.01483051,2026-08-13,2026,167298838.0,2,ana-data/result/股票估值/20260813_industry_gap_688584_valuation/上海合晶价格合理性评估_20260813.md
688585.SH,上纬新材,上交所,CNY,167.33,2026-08-14,3.224316,5.80377,9.672949,明显偏贵,50.89627816,27.83125968,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688585_valuation/上纬新材价格合理性评估_20260806.md
688586.SH,江航装备,上交所,CNY,10.57,2026-08-14,1.5,3.22,6.1824,明显偏贵,6.04666667,2.2826087,2026-08-06,2026,63307132.48,3,ana-data/result/股票估值/20260806_defense_688586_valuation/江航装备价格合理性评估_20260806.md
688591.SH,泰凌微,上交所,CNY,27.91,2026-08-14,14.445,37.45,71.155,基本合理,0.93215646,-0.25473965,2026-08-06,2026,257595583.52,1,ana-data/result/股票估值/20260806_defense_688591_valuation/泰凌微价格合理性评估_20260806.md
688592.SH,司南导航,上交所,CNY,24.34,2026-08-14,11.816083,21.26895,35.44825,偏贵,1.05990428,0.14439124,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688592_valuation/司南导航价格合理性评估_20260806.md
688595.SH,芯海科技,上交所,CNY,29.36,2026-08-14,4.946064,8.902915,14.838192,明显偏贵,4.93603318,2.29779628,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688595_valuation/芯海科技价格合理性评估_20260806.md
688596.SH,正帆科技,上交所,CNY,72.38,2026-08-14,16.40625,40.25,77.48125,偏贵,3.41173333,0.79826087,2026-08-04,2026,254449369.125,2,ana-data/result/股票估值/20260804_gentech_valuation/正帆科技价格合理性评估_20260804.md
688598.SH,金博股份,上交所,CNY,37.02,2026-08-14,18.593375,33.468075,55.780126,偏贵,0.99103175,0.10612875,2026-08-06,2026,-73688456.18,2,ana-data/result/股票估值/20260806_defense_688598_valuation/金博股份价格合理性评估_20260806.md
688600.SH,皖仪科技,上交所,CNY,26.21,2026-08-14,18.36,42.228,80.05725,基本合理,0.42755991,-0.37932178,2026-08-06,2026,103051994.85,2,ana-data/result/股票估值/20260806_defense_688600_valuation/皖仪科技价格合理性评估_20260806.md
688601.SH,力芯微,上交所,CNY,46.42,2026-08-14,0.704787,1.554678,3.098992,明显偏贵,64.86387093,28.8582729,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_688601_valuation/力芯微价格合理性评估_20260813.md
688608.SH,恒玄科技,上交所,CNY,108.62,2026-08-14,95.706,217.179,432.91014,基本合理,0.13493407,-0.49985956,2026-08-13,2026,689957376.15,13,ana-data/result/股票估值/20260813_industry_gap_688608_valuation/恒玄科技价格合理性评估_20260813.md
688610.SH,埃科光电,上交所,CNY,158.8,2026-08-14,36.679688,89.9875,173.225938,偏贵,3.32937161,0.76468954,2026-08-04,2026,133025000.0,8,ana-data/result/股票估值/20260804_eco_vision_valuation/埃科光电价格合理性评估_20260804.md
688622.SH,ST禾信,上交所,CNY,109.25,2026-08-14,4.200182,7.560328,12.600547,明显偏贵,25.01077763,13.45043125,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688622_valuation/ST禾信价格合理性评估_20260806.md
688627.SH,精智达,上交所,CNY,498.99,2026-08-14,80.64,194.304,370.944,明显偏贵,5.18787202,1.56808918,2026-08-04,2026,289161689.088,5,ana-data/result/股票估值/20260804_semitronix_valuation/精智达价格合理性评估_20260804.md
688628.SH,优利德,上交所,CNY,70.24,2026-08-14,28.9125,68.961667,131.027167,偏贵,1.42939905,0.01853686,2026-08-06,2026,239316018.466704,6,ana-data/result/股票估值/20260806_defense_688628_valuation/优利德价格合理性评估_20260806.md
688629.SH,华丰科技,上交所,CNY,148.36,2026-08-14,80.084575,117.991274,222.101222,偏贵,0.85254152,0.25738112,2026-08-03,2026,797438207.098,9,ana-data/result/股票估值/20260804_huafeng_technology_valuation/华丰科技价格合理性评估_20260804.md
688630.SH,芯碁微装,上交所,CNY,419.0,2026-08-14,103.8975,250.3435,477.9285,偏贵,3.03282081,0.67370034,2026-08-04,2026,579867249.128,15,ana-data/result/股票估值/20260804_cfmoto_lithography_valuation/芯碁微装价格合理性评估_20260804.md
688631.SH,莱斯信息,上交所,CNY,41.66,2026-08-14,15.936,36.6528,69.4876,偏贵,1.61420683,0.13661166,2026-08-06,2026,108544080.0,5,ana-data/result/股票估值/20260806_defense_688631_valuation/莱斯信息价格合理性评估_20260806.md
688636.SH,智明达,上交所,CNY,20.62,2026-08-14,20.814545,47.873455,90.760091,偏低,-0.00934659,-0.56928114,2026-08-06,2026,150824281.28732,11,ana-data/result/股票估值/20260806_defense_688636_valuation/智明达价格合理性评估_20260806.md
688652.SH,京仪装备,上交所,CNY,152.95,2026-08-14,49.077,118.2522,225.7542,偏贵,2.11653117,0.29342203,2026-08-04,2026,314092800.0,6,ana-data/result/股票估值/20260804_jingyi_equipment_valuation/京仪装备价格合理性评估_20260804.md
688665.SH,四方光电,上交所,CNY,45.86,2026-08-14,22.95,54.74,104.006,基本合理,0.99825708,-0.16222141,2026-08-06,2026,170940679.7,2,ana-data/result/股票估值/20260806_defense_688665_valuation/四方光电价格合理性评估_20260806.md
688668.SH,鼎通科技,上交所,CNY,268.68,2026-08-14,69.69375,166.2325,315.84175,偏贵,2.855152,0.61629044,2026-08-06,2026,718984503.475,4,ana-data/result/股票估值/20260806_defense_688668_valuation/鼎通科技价格合理性评估_20260806.md
688680.SH,海优新材,上交所,CNY,34.77,2026-08-14,18.876407,33.977532,56.62922,偏贵,0.8419819,0.02332329,2026-08-06,2026,-77021900.083361,3,ana-data/result/股票估值/20260806_defense_688680_valuation/海优新材价格合理性评估_20260806.md
688682.SH,霍莱沃,上交所,CNY,31.96,2026-08-14,6.067925,10.922265,18.203776,明显偏贵,4.26703939,1.926133,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688682_valuation/霍莱沃价格合理性评估_20260806.md
688685.SH,迈信林,上交所,CNY,44.02,2026-08-14,5.454436,9.817986,16.363309,明显偏贵,7.07049528,3.48360794,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688685_valuation/迈信林价格合理性评估_20260806.md
688686.SH,奥普特,上交所,CNY,116.13,2026-08-14,38.204227,87.950644,173.388413,偏贵,2.039716,0.32039966,2026-08-13,2026,260307192.281165,9,ana-data/result/股票估值/20260813_industry_gap_688686_valuation/奥普特价格合理性评估_20260813.md
688689.SH,银河微电,上交所,CNY,40.77,2026-08-14,18.486,44.4375,88.57875,基本合理,1.20545278,-0.08253165,2026-08-13,2026,104024272.26,1,ana-data/result/股票估值/20260813_industry_gap_688689_valuation/银河微电价格合理性评估_20260813.md
688691.SH,灿芯股份,上交所,CNY,68.96,2026-08-14,9.047896,15.079826,24.127722,明显偏贵,6.62166143,3.57299706,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_688691_valuation/灿芯股份价格合理性评估_20260813.md
688698.SH,伟创电气,上交所,CNY,48.33,2026-08-14,28.00434,64.4693,127.09662,基本合理,0.72580393,-0.25034086,2026-08-13,2026,334089550.214,12,ana-data/result/股票估值/20260813_industry_gap_688698_valuation/伟创电气价格合理性评估_20260813.md
688699.SH,明微电子,上交所,CNY,67.3,2026-08-14,9.930042,16.550071,26.480113,明显偏贵,5.77741343,3.06644781,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_688699_valuation/明微电子价格合理性评估_20260813.md
688702.SH,盛科通信,上交所,CNY,398.6,2026-08-14,2.8392,6.53016,13.06032,明显偏贵,139.39165962,60.03985201,2026-08-05,2026,55432000.0,10,ana-data/result/股票估值/20260805_suya_tech_valuation/盛科通信价格合理性评估_20260805.md
688708.SH,佳驰科技,上交所,CNY,44.91,2026-08-14,26.597336,58.670594,111.229668,基本合理,0.68851497,-0.23453988,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688708_valuation/佳驰科技价格合理性评估_20260806.md
688709.SH,成都华微,上交所,CNY,26.84,2026-08-14,9.36,23.4,44.3625,偏贵,1.86752137,0.14700855,2026-08-06,2026,248370340.14,1,ana-data/result/股票估值/20260806_defense_688709_valuation/成都华微价格合理性评估_20260806.md
688711.SH,宏微科技,上交所,CNY,25.78,2026-08-14,0.660045,1.553047,2.989615,明显偏贵,38.05794302,15.59962641,2026-08-04,,,0,ana-data/result/股票估值/20260805_macmic_valuation/宏微科技价格合理性评估_20260804.md
688716.SH,中研股份,上交所,CNY,28.83,2026-08-14,5.1,12.75,25.2875,明显偏贵,4.65294118,1.26117647,2026-08-04,2026,20685600.0,1,ana-data/result/股票估值/20260805_china_peek_valuation/中研股份价格合理性评估_20260804.md
688722.SH,同益中,上交所,CNY,14.15,2026-08-14,16.56,38.088,72.2085,偏低,-0.1455314,-0.62849191,2026-08-06,2026,155020023.0,4,ana-data/result/股票估值/20260806_defense_688722_valuation/同益中价格合理性评估_20260806.md
688728.SH,格科微,上交所,CNY,16.18,2026-08-14,1.404,3.186,6.35076,明显偏贵,10.52421652,4.0784683,2026-08-13,2026,120260400.0,2,ana-data/result/股票估值/20260813_industry_gap_688728_valuation/格科微价格合理性评估_20260813.md
688729.SH,屹唐股份,上交所,CNY,26.47,2026-08-14,6.786,15.399,30.69534,偏贵,2.90067787,0.71894279,2026-08-13,2026,857112400.0,6,ana-data/result/股票估值/20260813_industry_gap_688729_valuation/屹唐股份价格合理性评估_20260813.md
688766.SH,普冉股份,上交所,CNY,411.0,2026-08-14,68.088502,150.195225,299.389148,明显偏贵,5.03626145,1.73643853,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_688766_valuation/普冉股份价格合理性评估_20260813.md
688768.SH,容知日新,上交所,CNY,43.35,2026-08-14,24.21,57.745333,109.716133,基本合理,0.7905824,-0.24928998,2026-08-06,2026,157793091.979971,3,ana-data/result/股票估值/20260806_defense_688768_valuation/容知日新价格合理性评估_20260806.md
688772.SH,珠海冠宇,上交所,CNY,14.88,2026-08-14,13.2457,30.493167,60.1151,基本合理,0.12338344,-0.51202182,2026-08-13,2026,835930444.786289,6,ana-data/result/股票估值/20260813_industry_gap_688772_valuation/珠海冠宇价格合理性评估_20260813.md
688776.SH,国光电气,上交所,CNY,49.35,2026-08-14,15.753482,28.356268,47.260446,明显偏贵,2.13264077,0.74035596,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688776_valuation/国光电气价格合理性评估_20260806.md
688785.SH,恒运昌,上交所,CNY,287.5,2026-08-14,40.248,96.75,192.855,明显偏贵,6.14321209,1.97157623,2026-08-13,2026,116446903.36,1,ana-data/result/股票估值/20260813_industry_gap_688785_valuation/恒运昌价格合理性评估_20260813.md
688786.SH,悦安新材,上交所,CNY,28.3,2026-08-14,17.88,41.124,77.96425,基本合理,0.58277405,-0.31183737,2026-08-06,2026,107131002.235,2,ana-data/result/股票估值/20260806_defense_688786_valuation/悦安新材价格合理性评估_20260806.md
688787.SH,海天瑞声,上交所,CNY,109.44,2026-08-14,9.1125,21.735,41.2965,明显偏贵,11.00987654,4.03519669,2026-08-06,2026,40719496.5,4,ana-data/result/股票估值/20260806_defense_688787_valuation/海天瑞声价格合理性评估_20260806.md
688788.SH,科思科技,上交所,CNY,30.11,2026-08-14,11.208436,20.175184,33.625307,偏贵,1.68636945,0.49242753,2026-08-06,,,0,ana-data/result/股票估值/20260806_defense_688788_valuation/科思科技价格合理性评估_20260806.md
688790.SH,昂瑞微,上交所,CNY,105.46,2026-08-14,24.57311,40.955183,65.528293,明显偏贵,3.29168306,1.57500986,2026-08-13,,,0,ana-data/result/股票估值/20260813_industry_gap_688790_valuation/昂瑞微价格合理性评估_20260813.md
688795.SH,摩尔线程,上交所,CNY,576.98,2026-08-14,23.315741,38.859568,62.175309,明显偏贵,23.74637199,13.84782332,2026-08-13,2026,-227180304.883177,8,ana-data/result/股票估值/20260813_industry_gap_688795_valuation/摩尔线程价格合理性评估_20260813.md
688798.SH,艾为电子,上交所,CNY,55.38,2026-08-14,38.532,87.438,174.29308,基本合理,0.43724696,-0.36663693,2026-08-13,2026,383885153.946744,4,ana-data/result/股票估值/20260813_industry_gap_688798_valuation/艾为电子价格合理性评估_20260813.md
688800.SH,瑞可达,上交所,CNY,63.23,2026-08-14,27.72,66.117333,125.622933,基本合理,1.28102453,-0.04366983,2026-08-06,2026,422317967.866598,6,ana-data/result/股票估值/20260806_defense_688800_valuation/瑞可达价格合理性评估_20260806.md
688802.SH,沐曦股份,上交所,CNY,748.0,2026-08-14,4.953,11.2395,22.40407,明显偏贵,150.01958409,65.55100316,2026-08-13,2026,84687833.333467,6,ana-data/result/股票估值/20260813_industry_gap_688802_valuation/沐曦股份价格合理性评估_20260813.md
688820.SH,盛合晶微,上交所,CNY,137.97,2026-08-14,21.429342,46.388222,90.688974,明显偏贵,5.43836848,1.97424635,2026-08-13,2026,677638796.0,3,ana-data/result/股票估值/20260813_industry_gap_688820_valuation/盛合晶微价格合理性评估_20260813.md
688825.SH,长鑫科技集团股份有限公司,上交所,CNY,55.18,2026-08-14,1.466328,2.199491,3.054849,明显偏贵,36.63141671,24.08762255,2026-08-05,2026,141453074052.855,2,ana-data/result/股票估值/20260805_cxmt_valuation/长鑫科技集团股份有限公司价格合理性评估_20260805.md
688981.SH,中芯国际,上交所,CNY,132.87,2026-08-14,18.05,41.515,77.494667,明显偏贵,6.36121884,2.20052993,2026-08-04,2026,6867668809.32032,10,ana-data/result/股票估值/20260804_smic_valuation/中芯国际价格合理性评估_20260804.md
920179.BJ,凯德石英,北交所,CNY,56.33,2026-08-14,12.9285,29.33775,58.479915,偏贵,3.35704065,0.92005181,2026-08-13,2026,41420925.0,4,ana-data/result/股票估值/20260813_industry_gap_920179_valuation/凯德石英价格合理性评估_20260813.md
920185.BJ,贝特瑞,北交所,CNY,20.6,2026-08-14,13.4775,34.4425,67.5073,基本合理,0.52847338,-0.40190172,2026-08-04,2026,1363552096.804,5,ana-data/result/股票估值/20260805_btr_valuation/贝特瑞价格合理性评估_20260804.md
920418.BJ,苏州轴承厂股份有限公司,北交所,CNY,18.68,2026-08-14,14.2875,34.078333,64.748833,基本合理,0.30743657,-0.45185112,2026-08-05,2026,171968159.999946,6,ana-data/result/股票估值/20260805_suzhou_bearing_valuation/苏州轴承厂股份有限公司价格合理性评估_20260805.md
920522.BJ,纳科诺尔,北交所,CNY,20.74,2026-08-14,26.4,63.611429,121.44,偏低,-0.21439394,-0.67395796,2026-08-04,2026,220705013.759937,7,ana-data/result/股票估值/20260805_nake_nuor_valuation/纳科诺尔价格合理性评估_20260804.md