電氣設備行業(yè)經營現金流好轉，商譽風險可控

1、內容目錄一、市場表現...............................................................................................................41.市場指數表現................................................................42.板塊指數表現.................

2、...............................................53.估值分析....................................................................5二、產業(yè)數據...........................................................................................

3、....................81.用電量與設備利用率.........................................................82.投資完成額與發(fā)電設備新增容量...............................................93.工業(yè)指標數據..........................................................

4、.....104.新能源汽車產銷量...........................................................115.光伏產業(yè)鏈價格數據.........................................................12三、三季報數據梳理及全年業(yè)績前瞻........................................................

5、..................121.行業(yè)整體收入及利潤增速下滑................................................122.整體現金流改善，回款能力加強..............................................143.資本開支維持擴張趨勢，增速下移............................................174.商譽占總資產

6、比例較低，風險整體可控........................................175.年報業(yè)績前瞻...............................................................18圖表目錄圖1：區(qū)間漲跌幅............................................................4圖2：區(qū)間漲跌幅.............

7、...............................................4圖3：板塊漲跌幅............................................................5圖4：板塊漲跌幅............................................................5圖5：市場估值水平.........................

8、.................................6圖6：市場估值水平..........................................................6圖7：板塊估值水平..........................................................7圖8：歷史估值水平.........................................

9、.................7圖9：全社會用電量及增速....................................................8圖10：發(fā)電設備利用小時數...................................................8圖11：火電設備利用小時數...................................................8圖12：風電設

10、備利用小時數...................................................8圖13：電源投資額...........................................................9圖14：電網投資額...........................................................9圖15：風電設備新增容量............

11、.........................................9圖16：核電設備新增容量.....................................................9圖17：PMI.........................................................................................................

12、........................10圖18：各類企業(yè)PMI...............................................................................................................10圖19：固定資產投資增速....................................................10圖20：

13、CPI與PPI......................................................................................................................10圖21：新能源汽車產量......................................................11圖22：新能源汽車銷量...............

14、.......................................11圖23：新能源汽車產量（累計值）............................................11圖24：新能源汽車銷量（累計值）............................................11一、市場表現1.市場指數表現11月初至今，多項經濟提振政策出臺，涉及民營企業(yè)發(fā)展、股權質押紓困以及科創(chuàng)板預期等