下面是小编为大家整理的交通运输行业：航空最差底部已确认，5月快递业务量增速达40%,供大家参考。
1. .............................................................................................4
2. .......................................................................4 2.1. —— 2020 2035 .........................................4 2.1.1. ...................................................................................................................... 4 2.1.2. ............................................................................................................................. 4 2.2. ——5 40% 6 40% ............................4 2.2.1. ...................................................................................................................... 4 2.2.2. ............................................................................................................................. 5 2.3. —— ............................................5 2.3.1. ...................................................................................................................... 5 2.3.2. ............................................................................................................................. 5 2.4. —— V LCC
.................................................................................................................... 5 2.4.1. ...................................................................................................................... 5 2.4.2. ............................................................................................................................. 6
3. .........................................................................................6 3.1. ............................................................6 3.2.
4. ......................................................................................7
4.1. ................................................................................................................................7 4.2. ................................................................................................................................7 4.3. ................................................................................................................................8 4.4. ........................................................................................................................8
5. ................................................................................10
6. ........................................................................10
7. ........................................................................12 6
8. .................................................................13
1 R PK
................................................................................................................................................... 7 2 ............................................................................................................................... 7 3 ........................................................................................................................ 7 4 .............................................................................................................. 7 5 ................................................................................................................. 8 8 ..................................................................................................................... 8 9 ................................................................................................................. 8 10 B DI
................................................................................................................................................................... 8 11 ................................................................................................................... 8 12 ................................................................................................................ 9 13 ......................................................................................................... 9 14 ..................................................................................................... 9 15 ................................................................................................................. 10 16 .......................................................................................................... 10 17 .............................................................................................................. 10 18 ....................................................................................................... 10 19 ....................................................................................................... 10 20 .............................................................................................11 21 ....................................................................................................11 22 ....................................................................................................11 23 ....................................................................................................11 24 ....................................................................................................11 25 ....................................................................................................11 26 2020 23 ................................................................................................ 12 27 2020 23 ................................................................................................ 12 28 ................................................................................................... 13
1 .......................................................................................................................... 13 2 2020-06-06 .................................................................................................. 14
1.
2020
1 +
2
3 REIT s
2.
2.1.
—— 2.1.1.
1
2738
3%
2
2020 2035
2035
1.5
3 2020 1-4
1477
21% 9%
4 2020
2020
10%
2.1.2.
1 2 2020 5 29
35,091.74
1,202,857,029.41 848,066,286.28
2.2. ——5 40% 40% 2.2.1.
1) 5 344.2
73.5% 73.0 39.6%
810 31.0% 6
2) 618 30% 300
3)
ToB
2.2.2.
1 2020 3 5 2020 6 2
0.11% 1,417.47 2 2020 6 5
175,000
100,000
2.3. —— 2.3.1.
1 2020 6 8 5 1 1 2020 6 8
2 40%
3 737M AX
2.3.2.
1) 5 248.25 58.2% 1-5
58.14% 53.04% 72.4%
81.27%
2) 385,000 0.02%
9.34 / 9.32 / 359.37
2.4. 2.4.1.
1 V LCC TCE 46315 / 23.9% V LCC
4 / 6 / OP EC+
2 4 11.9 4.1%
4 2066
-5.8%
1-4 7584 -7.8% -8.5%
0.7
3 V LCC
L NG
2.4.2.
1 1,030,868,617 63.06%
2 2020 5 249.9 8.30% 7367 1.96%
3.
3.1.
2020 6 8 5 1 1 2020 6 8
3 29 R PK
99% 6 4
3.2.
6 2 24
GDP
14.8% 8% 8% GDP
4.
4.1.
4.2.
Wind Wind 3 4 1 R PK 2 Wind Wind
Wind
4.3.
Wind Wind
4.4.
6 7 8 B DI
9 Wind Wind
Wind Wind 12 Wind
5.
Wind Wind
Wind
6.
Wind Wind 13 14 15 16 17
Wind Wind
22 23 Wind Wind 18 19 20 Wind 21 Wind
7.
Wind 24 2020 23 Wind 25 2020 23
8.
EP S
PE 2019A
2020E
2021E
2019A
2020E
2021E
1.
002352 1.31 1.38 1.69 38.46 36.51 29.8
1.
600233 0.53 0.60 0.67 27.70 24.47 21.9
002468 0.92 1.02 1.11 20.23 18.25 16.8
002120 1.19 1.27 1.44 30.47 28.55 25.2
600026 0.09 0.80 0.75 73.00 8.20 8.80
601872 0.41 0.70 0.58 14.30 8.40 10.10 1. V LCC V L O C 2.“ + Wind 26 1 + + ” 3. L NG
” 3.“ + 2. “ ” 2.
601006 0.92 0.79 0.93 7.60 8.80 7.50
601816 0.24 0.19 0.26 26.75 33.79 24.69
002010 0.49 0.67 0.70 11.57 8.46 8.10
Wind
2 2020-06-06
2019A
EPS
2020E
2021E
2019A
PE
2020E
2021E
PB
601111.SH
6.47 7.18 11.0% 0.44 -0.46
0.45 16.3 -
16.0
1.2
600029.SH
5.06 5.47 8.1% 0.22 -0.24
0.41 24.9 -
13.3
1.1
600115.SH
4.16 4.50 8.2% 0.20 -0.10
0.40 22.5 -
11.3
1.2
600009.SH
72.39 74.28 2.6% 2.61 1.36 2.99 28.5 54.6 24.8
4.5
600004.SH
16.35 16.70 2.1% 0.48 0.25 0.68 34.8 66.8 24.6
2.1
000089.SZ 7.98
8.15 2.1% 0.29 0.11 0.30 28.1 74.1 27.2
1.4
601006.SH
6.82 6.96 2.1% 0.92 0.79 0.93 7.6 8.8 7.5
0.9
601333.SH
2.17 2.25 3.7% 0.11 0.10 0.13 20.5 22.5 17.3
0.6
600125.SH
5.46 5.55 1.6% 0.35 0.34 0.40 15.9 16.3 13.9
1.2
600787.SH
4.36 4.52 3.7% 0.13 -
-
34.8 -
-
0.9
002183.SZ 4.47
4.85 8.5% 0.04 -
-
121.3 -
-
1.7
002010.SZ 5.69
5.67 -0.4%
0.49 0.67 0.70 11.57 8.46 8.1
1.3
600233.SH
13.18 14.68 11.4% 0.53 0.60 0.67 27.70 24.47 21.9
2.9
002468.SZ 18.15
18.61 2.5% 0.92 1.02 1.11 20.23 18.25 16.8
3.1
002120.SZ 33.37
36.26 8.7% 1.19 1.27 1.44 30.47 28.55 25.2
5.8
600153.SH
8.73 8.64 -1.0%
1.65 1.77 1.82 5.24 4.88 4.7
0.8
002352.SZ 45.58
50.38 10.5% 1.31 1.38 1.69 38.46 36.51 29.8
5.2
601919.SH
3.16 3.40 7.6% 0.55 0.13 0.23 6.18 26.15 14.8
1.2
600026.SH
6.49 6.57 1.2% 0.09 0.80 0.75 73.0 8.2 8.8
0.9
600428.SH
2.96 3.07 3.7% 0.05 0.06 0.07 61.4 51.2 43.9
0.7
601872.SH
5.92 5.85 -1.2%
0.41 0.70 0.58 14.3 8.4 10.1
1.5
600717.SH
5.40 5.46 1.1% 0.30 0.28 0.32 18.2 19.5 17.1
0.7
601000.SH
2.21 2.28 3.2% 0.3 0.3 0.32 7.6 8.1 7.1
0.8
-
-
“ + + ” “ + “ ” + ”
“323”
600018.SH
4.05 4.25 4.9% 0.39 0.38 0.42 10.9 11.2 10.1 1.2
601018.SH
3.40 3.45 1.5% 0.26 0.23 0.25 13.3 15.0 13.8 1.1
600017.SH
2.49 2.51 1.6% 0.21 0.22 0.23 12.0 11.4 10.9 0.6
600377.SH
10.06 9.92 -1.4%
0.83 0.51 0.91 12.0 19.5 10.9 1.8
002640.SZ
5.06 5.26 4.0% -1.74
0.15 0.32 -3.0
35.1 16.4 1.7
603056.SH
13.5 13.93 3.2% 0.34 0.49 0.64 41.0 28.4 21.8 3.4 Wind
6 15%
6 5% 15%
6 -5% 5%
6 5% 15%
6 15%
6
6
6
10 2010 10 3 21 2 2014 5 2011 2 2019 4 1 3 4 2013 2019 2019 “ ” R3 A
B AA
ABS
“ ”
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