港股估值
全市场 2585 只(港股主板、创业板 2825 只,已剔除银行、保险、其他金融 240 只) · 财报更新于 2026-10-17 13:54 · 行情来自腾讯,截至 2026-10-17 14:00 北京时间
触发买入信号2 / 310
E/E ≤ 1015 只最低 三生制药 3.5 年
预期差最高建发国际集团 3.15
主流报告期2026-06-30 1995 只,2 只已披露下一期
买入信号:E/E ≤ 10 且 预期差 > 1.5 · 只看触发 · E/E < 19 且预期差 > 0.5 的 396 只 →
全部(市值 > 200 亿):310 只,第 3 / 4 页,每页 100 只
| 标的 | 行业 | 股价(港元) | 市值 | 总负债 | 现金等价物 | EV | TTM净利 | 净利率 | 3年均ROE | PB | ROE/PB | 报告期 | E/E | FCF 2021 | FCF 2022 | FCF 2023 | FCF 2024 | FCF 2025 | 5年均FCF | FCF增长 | 有息负债 | 归母占比 | 内在价值 | 预期差 | 信号 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 瀚天天成02726 | 半导体H股 | 80.20 | 290.7 | 17.7 | 26.5 | 281.9 | 0.6 | 6.0% | 6.7% | 6.40 | 1.0% | 2026-06-30 | 454.6 | — | -3.6 | -7.4 | 4.3 | -0.2 | -1.7 | 10.3 | 100.0% | -1.1 | -0.00 | ||
| 长飞光纤光缆06869 | 资讯科技器材H股 | 124.00 | 1,792.2 | 187.7 | 48.6 | 1,904.0 | 34.4 | 19.5% | 8.1% | 10.95 | 0.7% | 2026-06-30 | 55.3 | -5.5 | -6.3 | -7.5 | 4.0 | 22.3 | 1.4 | 59.3 | 80.3%* | 2.6 | 0.00 | ||
| 胜宏科技02476 | 工业工程H股 | 151.10 | 1,729.9 | 251.2 | 60.0 | 1,921.1 | 50.3 | 23.0% | 19.0% | 4.56 | 4.2% | 2026-06-30 | 38.2 | — | 3.2 | 12.0 | 9.5 | -17.7 | 1.8 | 93.2 | 100.0% | -15.7 | -0.01 | ||
| 罗博特科03757 | 工业工程H股 | 364.40 | 778.5 | 22.3 | 4.6 | 796.2 | -0.3 | -2.1% | 4.1% | 33.40 | 0.1% | 2026-06-30 | 亏损 | — | 2.4 | -0.4 | -3.4 | 1.6 | 0.1 | 13.5 | 100.0%* | -8.3 | -0.01 | ||
| 科伦博泰生物06990 | 药品及生物科技H股 | 452.00 | 920.2 | 9.9 | 27.8 | 902.3 | 1.5 | 7.2% | 36.4% | 17.24 | 2.1% | 2026-06-30 | 597.5 | -5.8 | -3.0 | -0.2 | -5.1 | -3.1 | -3.4 | 0.8 | 100.0%* | -7.4 | -0.01 | ||
| 中电控股00002 | 公用事业非H股 | 77.15 | 1,660.1 | 1,090.8 | 38.2 | 2,600.0 | 95.4 | 12.3% | 9.2% | 1.73 | 5.3% | 2026-06-30 | 27.3 | 37.0 | -22.2 | 99.6 | 68.5 | 73.0 | 51.2 | 578.8 | 89.3% | -25.7 | -0.02 | ||
| 鼎泰高科01377 | 工业工程H股 | 203.80 | 1,132.1 | 33.4 | 4.6 | 1,160.9 | 9.5 | 31.5% | 12.0% | 36.25 | 0.3% | 2026-06-30 | 121.8 | — | -0.8 | -0.5 | 0.0 | -2.1 | -0.9 | 15.0 | 100.0% | -18.9 | -0.02 | ||
| 剑桥科技06166 | 资讯科技器材H股 | 84.15 | 544.0 | 42.2 | 34.4 | 551.7 | 4.7 | 8.6% | 5.9% | 5.81 | 1.0% | 2026-06-30 | 117.4 | — | -1.2 | -0.2 | 2.6 | -14.3 | -3.3 | 14.8 | 99.4%* | -13.0 | -0.02 | ||
| 景旺电子03228 | 工业工程H股 | 71.00 | 951.3 | 140.3 | 17.6 | 1,074.0 | 11.8 | 7.0% | 10.8% | 7.21 | 1.5% | 2026-06-30 | 90.8 | — | — | 6.5 | 4.4 | -8.4 | 0.8 | 56.1 | 100.0% | -30.1 | -0.03 | ||
| 自由黄金-DRS06228 | 黄金及贵金属预托证券 | 30.80 | 3,864.4 | 41.1 | 4.2 | 3,901.2 | -1.8 | -85.7% | -6.3% | 156.94 | -0.0% | 2026-06-30 | 亏损 | — | — | -5.2 | -7.5 | -14.4 | -9.0 | 28.7 | 100.0%* | -114.8 | -0.03 | ||
| 安徽皖通高速公路00995 | 工用运输H股 | 16.79 | 282.1 | 182.9 | 33.8 | 430.8 | 19.2 | 31.0% | 13.0% | 2.23 | 5.8% | 2026-06-30 | 22.4 | 15.4 | 3.6 | 2.8 | 4.3 | 10.6 | 7.3 | 118.7 | 99.7% | -11.5 | -0.04 | ||
| 招金矿业01818 | 黄金及贵金属H股 | 18.19 | 548.8 | 295.8 | 0.0 | 781.0 | 34.7 | 18.1% | 9.0% | 2.71 | 3.3% | 2026-09-30 | 22.5 | 4.2 | -11.4 | 0.4 | 5.3 | 34.8 | 6.7 | 94.9 | 78.5% | -22.2 | -0.04 | ||
| 百奥赛图-B02315 | 药品及生物科技H股 | 49.16 | 335.4 | 12.2 | 7.9 | 339.7 | 3.7 | 21.5% | -8.0% | 13.85 | -0.6% | 2026-06-30 | 92.8 | -5.6 | -5.4 | -2.0 | 1.7 | 2.8 | -1.7 | 6.9 | 99.8%* | -16.0 | -0.05 | ||
| 彤程新材09607 | 原材料H股 | 37.96 | 333.1 | 52.1 | 4.4 | 379.9 | 6.0 | 15.4% | 14.1% | 7.93 | 1.8% | 2026-06-30 | 63.2 | — | — | 1.8 | 1.5 | 2.6 | 2.0 | 41.2 | 98.0% | -16.8 | -0.05 | ||
| 上海复旦01385 | 半导体H股 | 24.84 | 352.6 | 23.5 | 15.5 | 360.5 | 8.9 | 20.3% | 9.6% | 5.05 | 1.9% | 2026-06-30 | 40.6 | 0.4 | -4.6 | -15.6 | 1.0 | 5.2 | -2.7 | 9.8 | 97.8% | -21.1 | -0.06 | ||
| 智谱02513 | 软件服务H股 | 518.00 | 2,151.1 | 52.2 | 38.9 | 2,164.3 | -44.2 | -297.1% | 111.0% | 48.70 | 2.3% | 2026-06-30 | 亏损 | — | -1.0 | -11.6 | -23.8 | -22.7 | -14.8 | 26.0 | 99.7%* | -134.5 | -0.06 | ||
| 诺诚健华09969 | 药品及生物科技非H股 | 12.32 | 227.9 | 35.3 | 48.4 | 214.8 | 9.2 | 33.0% | -2.0% | 2.97 | -0.7% | 2026-06-30 | 23.4 | 0.0 | -9.4 | -9.3 | -4.4 | 0.1 | -4.6 | 19.0 | 99.8%* | -16.5 | -0.07 | ||
| 康龙化成03759 | 药品及生物科技H股 | 26.40 | 618.1 | 119.0 | 14.6 | 718.2 | 17.1 | 11.2% | 13.1% | 3.78 | 3.5% | 2026-06-30 | 41.9 | -0.3 | -8.1 | -1.1 | 5.4 | 5.5 | 0.3 | 69.5 | 95.9%* | -50.0 | -0.08 | ||
| 金力永磁06680 | 一般金属及矿石H股 | 14.15 | 284.4 | 85.3 | 29.1 | 340.0 | 8.6 | 9.7% | 7.3% | 3.64 | 2.0% | 2026-06-30 | 39.4 | -9.9 | -8.7 | 7.1 | -1.7 | -1.1 | -2.9 | 24.1 | 98.9% | -23.4 | -0.08 | ||
| MINIMAX-W00100 | 软件服务非H股 | 182.10 | 546.7 | 25.1 | 63.4 | 508.4 | -127.1 | -1,123.1% | 106.3% | 5.96 | 17.8% | 2026-06-30 | 亏损 | — | -0.8 | -4.6 | -18.6 | -19.7 | -10.9 | 9.4 | 100.0%* | -55.2 | -0.10 | ||
| 三一国际00631 | 工业工程非H股 | 7.62 | 213.4 | 346.3 | 43.1 | 516.6 | 17.0 | 6.3% | 13.7% | 1.59 | 8.6% | 2026-06-30 | 30.4 | -0.2 | -2.3 | 0.4 | 12.3 | 11.8 | 4.4 | 114.8 | 100.0% | -27.7 | -0.13 | ||
| 国恩科技02768 | 原材料H股 | 30.38 | 218.6 | 134.4 | 31.7 | 315.9 | 11.6 | 5.0% | 13.8% | 3.07 | 4.5% | 2026-06-30 | 27.2 | — | -5.1 | -2.3 | 1.6 | 1.6 | -1.0 | 52.5 | 94.7% | -29.6 | -0.14 | ||
| 敏实集团00425 | 汽车非H股 | 22.38 | 223.3 | 193.0 | 45.3 | 366.6 | 28.5 | 10.6% | 11.7% | 0.95 | 12.3% | 2026-06-30 | 12.9 | -18.7 | -15.8 | 0.9 | 13.4 | 26.0 | 1.2 | 90.5 | 97.0% | -32.6 | -0.15 | ||
| 华勤技术03296 | 资讯科技器材H股 | 53.70 | 988.3 | 1,039.8 | 168.9 | 1,859.3 | 52.0 | 2.9% | 15.6% | 3.08 | 5.1% | 2026-06-30 | 35.8 | — | 2.0 | 23.8 | -6.9 | -36.5 | -4.4 | 273.5 | 100.0% | -148.7 | -0.15 | ||
| 埃斯顿02715 | 资讯科技器材H股 | 11.74 | 221.0 | 71.6 | 18.1 | 273.5 | 2.0 | 4.1% | -9.7% | 6.74 | -1.4% | 2026-06-30 | 136.8 | — | -1.7 | -3.0 | -3.9 | 2.4 | -1.5 | 38.8 | 98.3%* | -35.5 | -0.16 | ||
| 香港中华煤气00003 | 公用事业非H股 | 7.22 | 1,146.7 | 827.7 | 71.5 | 1,778.9 | 56.0 | 11.3% | 9.8% | 2.19 | 4.5% | 2026-06-30 | 31.8 | 15.8 | 11.7 | 22.7 | 23.5 | 48.8 | 24.5 | 首尾·趋势 | 549.0 | 83.6% | -194.4 | -0.17 | |
| 周大福创建00659 | 综合企业非H股 | 8.80 | 342.3 | 1,294.7 | 0.0 | 1,401.4 | 20.8 | 8.8% | 5.6% | 0.99 | 5.6% | 2026-06-30 | 67.4 | 6.1 | 33.0 | 17.9 | 29.5 | — | 21.6 | 286.3 | 81.8% | -57.3 | -0.17 | ||
| 天数智芯09903 | 半导体H股 | 78.95 | 543.0 | 40.0 | 29.1 | 553.9 | -2.9 | -17.4% | -92.2% | 9.36 | -9.9% | 2026-06-30 | 亏损 | — | -8.1 | -8.4 | -8.0 | -13.6 | -9.5 | 27.1 | 100.0%* | -93.3 | -0.17 | ||
| 金斯瑞生物-一千01548 | 药品及生物科技非H股 | 33.30 | 647.7 | 60.9 | 13.4 | 695.2 | -44.4 | -76.8% | 27.6% | 2.45 | 11.3% | 2026-06-30 | 亏损 | -17.4 | -22.6 | -31.5 | -5.2 | 17.0 | -11.9 | 17.3 | 99.9%* | -123.2 | -0.19 | ||
| 中环新能源01735 | 工业工程非H股 | 9.16 | 329.5 | 44.9 | 2.3 | 362.0 | 0.3 | 0.2% | 8.7% | 20.55 | 0.4% | 2026-06-30 | 1,392.2 | -0.4 | -1.3 | -16.0 | -10.1 | -0.5 | -5.7 | 26.3 | 76.4%* | -61.5 | -0.19 | ||
| MOMENTA-W06880 | 软件服务非H股 | 171.80 | 344.6 | 461.4 | 18.9 | 787.1 | -182.9 | -589.3% | 22.0% | — | — | 2026-06-30 | 亏损 | — | — | -11.3 | -9.7 | -3.7 | -8.2 | 0.5 | — | -64.0 | -0.19 | ||
| 康方生物09926 | 药品及生物科技非H股 | 91.30 | 731.8 | 78.6 | 10.5 | 799.8 | -9.7 | -28.0% | 10.8% | 8.62 | 1.3% | 2026-06-30 | 亏损 | -17.2 | -20.4 | 15.9 | -11.2 | -17.3 | -10.0 | 49.9 | 100.0%* | -139.7 | -0.19 | ||
| 太古地产01972 | 地产非H股 | 24.44 | 1,198.5 | 731.0 | 81.9 | 1,843.1 | 28.7 | 19.5% | 0.0% | 0.51 | 0.1% | 2026-06-30 | 64.3 | 7.8 | -22.6 | 21.7 | -6.8 | 47.8 | 9.6 | 431.6 | 99.3%* | -252.2 | -0.21 | ||
| 华虹宏力01347 | 半导体红筹股 | 74.95 | 1,865.8 | 376.5 | 308.7 | 1,915.7 | 7.1 | 3.9% | 2.6% | 3.84 | 0.7% | 2026-06-30 | 270.6 | -26.8 | -17.1 | -18.8 | -166.8 | -81.8 | -62.3 | 243.7 | 73.6%* | -410.4 | -0.22 | ||
| 复宏汉霖02696 | 药品及生物科技H股 | 51.35 | 238.5 | 85.6 | 4.4 | 319.7 | 8.7 | 11.7% | 27.9% | 5.26 | 5.3% | 2026-06-30 | 36.9 | -10.4 | -3.8 | 0.4 | 4.0 | 1.1 | -1.7 | 39.5 | 100.0%* | -52.5 | -0.22 | ||
| 地平线机器人-W09660 | 软件服务非H股 | 3.92 | 530.0 | 108.3 | 148.7 | 489.6 | -14.5 | -34.0% | -30.0% | 3.23 | -9.3% | 2026-06-30 | 亏损 | -13.5 | -21.8 | -36.5 | -14.4 | -38.8 | -25.0 | 15.3 | 100.0%* | -116.6 | -0.22 | ||
| 百济神州06160 | 药品及生物科技非H股 | 225.00 | 3,029.6 | 272.6 | 359.7 | 2,942.5 | 45.0 | 10.7% | -11.2% | 8.60 | -1.3% | 2026-06-30 | 65.5 | -242.6 | -138.1 | -125.3 | -49.5 | 59.7 | -99.2 | 77.9 | 100.0%* | -709.8 | -0.23 | ||
| 天岳先进02631 | 半导体H股 | 53.10 | 394.9 | 29.2 | 6.1 | 418.0 | -2.8 | -17.5% | -0.3% | 5.55 | -0.1% | 2026-06-30 | 亏损 | — | -11.0 | -14.6 | -5.4 | -4.1 | -8.8 | 15.0 | 100.0%* | -96.7 | -0.24 | ||
| 纳芯微02676 | 半导体H股 | 134.00 | 287.2 | 27.5 | 23.0 | 291.7 | -0.8 | -1.9% | -4.9% | 3.71 | -1.3% | 2026-06-30 | 亏损 | — | -6.3 | -10.3 | -3.0 | -10.3 | -7.5 | 16.1 | 99.8%* | -67.7 | -0.24 | ||
| 壁仞科技06082 | 半导体H股 | 25.12 | 584.1 | 12.5 | 10.1 | 586.5 | -152.7 | -690.6% | 54.1% | 5.84 | 9.3% | 2026-06-30 | 亏损 | — | -13.8 | -9.9 | -11.1 | -24.9 | -14.9 | 3.3 | 100.0%* | -142.4 | -0.24 | ||
| 荣昌生物09995 | 药品及生物科技H股 | 65.90 | 473.0 | 15.3 | 15.3 | 473.0 | 58.2 | 72.8% | -21.6% | 5.69 | -3.8% | 2026-06-30 | 8.1 | -3.5 | -20.2 | -23.5 | -14.4 | -1.5 | -12.6 | 3.1 | 100.0%* | -114.0 | -0.24 | ||
| 晶泰控股02228 | 药品及生物科技非H股 | 5.92 | 216.9 | 35.5 | 26.2 | 226.1 | -2.1 | -31.1% | 41.4% | 2.41 | 17.2% | 2026-06-30 | 亏损 | -4.2 | -6.3 | -7.0 | -5.4 | -2.5 | -5.1 | 31.2 | 99.2%* | -55.3 | -0.25 | ||
| FITHONTENG06088 | 工业工程非H股 | 4.06 | 252.6 | 247.7 | 102.4 | 397.6 | 11.3 | 3.2% | 5.9% | 1.35 | 4.4% | 2026-06-30 | 35.2 | -10.0 | 29.6 | 4.5 | -17.5 | -10.8 | -0.8 | 163.2 | 99.8% | -69.0 | -0.27 | ||
| 中远海运港口01199 | 工用运输红筹股 | 6.40 | 218.9 | 343.7 | 91.6 | 424.3 | 24.8 | 20.5% | 5.4% | 0.47 | 11.3% | 2026-06-30 | 17.1 | 2.1 | 9.9 | 9.6 | -1.9 | 29.1 | 9.8 | 265.7 | 81.5% | -62.3 | -0.28 | ||
| 珍酒李渡06979 | 食物饮品非H股 | 8.61 | 248.3 | 65.4 | 42.8 | 270.9 | 5.4 | 14.7% | 22.1% | 1.80 | 12.3% | 2026-06-30 | 49.8 | -4.3 | -21.3 | -6.0 | -3.0 | -13.4 | -9.6 | 17.5 | 100.0% | -70.7 | -0.28 | ||
| 新奥能源02688 | 公用事业非H股 | 50.15 | 483.4 | 513.5 | 85.5 | 856.5 | 61.4 | 5.4% | 14.4% | 1.01 | 14.3% | 2026-06-30 | 13.9 | -66.6 | -73.2 | 26.3 | 35.6 | 33.5 | -8.9 | 157.8 | 87.2% | -140.4 | -0.29 | ||
| 江苏宁沪高速公路00177 | 工用运输H股 | 11.41 | 643.0 | 465.0 | 16.4 | 1,078.2 | 46.7 | 23.2% | 12.8% | 1.55 | 8.3% | 2026-06-30 | 23.1 | 9.3 | 14.9 | 35.9 | -44.9 | -8.6 | 1.3 | 227.5 | 97.0% | -192.0 | -0.30 | ||
| 力勤资源02245 | 一般金属及矿石H股 | 18.47 | 453.9 | 311.4 | 68.4 | 602.1 | 41.7 | 8.8% | 18.0% | 3.24 | 5.6% | 2026-06-30 | 14.4 | 5.0 | -19.0 | -36.4 | -14.6 | 16.8 | -9.6 | 194.2 | 61.0% | -135.5 | -0.30 | ||
| 优必选09880 | 资讯科技器材H股 | 64.55 | 276.8 | 29.8 | 23.3 | 282.6 | -6.0 | -22.7% | -51.6% | 3.97 | -13.0% | 2026-06-30 | 亏损 | -9.2 | -8.6 | -15.3 | -11.1 | -11.9 | -11.2 | 8.9 | 88.6%* | -86.7 | -0.31 | ||
| 江波龙09976 | 半导体H股 | 146.70 | 1,075.8 | 240.7 | 31.0 | 1,282.9 | 119.9 | 32.7% | 4.9% | 5.79 | 0.9% | 2026-06-30 | 10.7 | — | -6.6 | -33.0 | -21.3 | -20.5 | -20.4 | 167.0 | 98.8%* | -335.4 | -0.31 | ||
| 山东黄金01787 | 黄金及贵金属H股 | 18.77 | 1,112.3 | 1,099.0 | 146.4 | 1,776.3 | 54.7 | 5.4% | 9.1% | 3.36 | 2.7% | 2026-06-30 | 32.4 | -39.7 | -22.8 | -13.3 | -67.6 | 85.6 | -11.6 | 535.4 | 69.7%* | -351.7 | -0.32 | ||
| 永利澳门01128 | 旅游及消闲设施非H股 | 5.05 | 227.8 | 456.4 | 64.4 | 619.9 | 26.1 | 9.5% | -13.8% | — | — | 2026-06-30 | 23.8 | -13.8 | -22.1 | 55.3 | 59.2 | 49.0 | 25.5 | 393.6 | — | -74.1 | -0.33 | ||
| 哔哩哔哩-W09626 | 媒体及娱乐非H股 | 111.80 | 400.1 | 265.7 | 51.7 | 614.1 | 15.4 | 4.9% | -11.3% | 2.51 | -4.5% | 2026-06-30 | 40.0 | -63.3 | -66.5 | -10.6 | 42.6 | 53.2 | -8.9 | 95.1 | 100.0%* | -132.7 | -0.33 | ||
| 中国燃气00384 | 公用事业非H股 | 5.13 | 237.8 | 820.7 | 108.5 | 827.5 | 24.0 | 3.7% | 5.5% | 0.47 | 11.8% | 2026-03-31 ▲ | 34.5 | 67.4 | 35.6 | 47.7 | 16.3 | 22.2 | 37.8 | 587.5 | 82.8% | -83.3 | -0.35 | ||
| 中石化油服01033 | 石油及天然气H股 | 0.62 | 309.0 | 676.0 | 48.3 | 936.7 | 6.9 | 0.9% | 7.6% | 3.09 | 2.5% | 2026-06-30 | 135.0 | 28.7 | 3.0 | 14.2 | -5.8 | 38.8 | 15.8 | 314.9 | 100.0% | -108.7 | -0.35 | ||
| 康诺亚-B02162 | 药品及生物科技非H股 | 81.95 | 208.5 | 16.6 | 23.4 | 201.7 | 7.7 | 92.7% | -16.7% | 5.21 | -3.2% | 2026-06-30 | 26.1 | -5.7 | -13.1 | -6.9 | -10.0 | -10.5 | -9.2 | 7.0 | 100.0%* | -76.0 | -0.36 | ||
| 昭衍新药06127 | 药品及生物科技H股 | 27.44 | 334.9 | 18.5 | 8.2 | 345.2 | 9.8 | 58.1% | 3.1% | 3.73 | 0.8% | 2026-06-30 | 35.1 | -20.7 | 0.5 | -1.3 | -26.9 | -15.8 | -12.8 | 0.3 | 100.0% | -120.5 | -0.36 | ||
| 中芯国际00981 | 半导体红筹股 | 52.40 | 5,299.8 | 1,317.4 | 559.6 | 5,919.7 | 71.3 | 10.0% | 3.4% | 3.09 | 1.1% | 2026-06-30 | 83.0 | -84.7 | -63.6 | -302.8 | -323.1 | -366.1 | -228.1 | 954.8 | 81.8% | -2,188.8 | -0.41 | ||
| 港铁公司00066 | 旅游及消闲设施非H股 | 32.38 | 1,716.7 | 2,291.9 | 534.7 | 3,417.7 | 200.1 | 41.8% | 6.9% | 0.97 | 7.2% | 2026-06-30 | 17.1 | 14.3 | -5.5 | 13.4 | 64.9 | 15.9 | 20.6 | 1,480.7 | 96.8% | -716.3 | -0.42 | ||
| 中广核电力01816 | 公用事业H股 | 3.32 | 2,121.2 | 4,034.8 | 117.0 | 4,616.9 | 99.2 | 13.3% | 8.9% | 1.72 | 5.2% | 2026-06-30 | 46.5 | 204.7 | 195.3 | 331.2 | 55.7 | -40.9 | 149.2 | 3,021.7 | 63.7% | -899.9 | -0.42 | ||
| 老铺黄金06181 | 纺织及服饰H股 | 318.60 | 479.6 | 105.0 | 26.1 | 558.5 | 68.7 | 19.8% | 51.3% | 3.63 | 14.2% | 2026-06-30 | 8.1 | 0.7 | 1.1 | -0.9 | -13.0 | -69.9 | -16.4 | 71.0 | 100.0% | -208.9 | -0.44 | ||
| 东风集团股份00489 | 工业工程H股 | 9.54 | 670.5 | 1,638.5 | 335.8 | 1,927.6 | -5.7 | -0.5% | 1.4% | 0.45 | 3.1% | 2025-06-30 ▲ | 亏损 | 22.2 | -14.9 | -35.3 | -3.7 | — | -7.9 | 568.4 | 96.5%* | -300.9 | -0.45 | ||
| 均胜电子00699 | 汽车H股 | 10.56 | 296.7 | 470.2 | 76.2 | 633.6 | 13.7 | 2.3% | 8.0% | 1.79 | 4.5% | 2026-06-30 | 46.3 | — | -11.3 | 1.6 | 13.9 | 10.9 | 3.8 | 270.5 | 85.5% | -133.9 | -0.45 | ||
| 太古股份公司A00019 | 综合企业非H股 | 105.40 | 699.3 | 1,380.5 | 180.8 | 1,762.3 | 77.9 | 9.4% | 4.6% | 0.30 | 15.1% | 2026-06-30 | 22.6 | 29.3 | -21.2 | 32.1 | 16.0 | 62.2 | 23.7 | 779.0 | 88.6% | -320.2 | -0.46 | ||
| 赣锋锂业01772 | 一般金属及矿石H股 | 23.96 | 732.6 | 672.6 | 87.5 | 1,242.2 | 66.0 | 14.9% | 3.3% | 1.52 | 2.2% | 2026-09-30 | 18.8 | -7.9 | 75.4 | -85.0 | -40.6 | -44.8 | -20.6 | 286.6 | 87.1%* | -352.6 | -0.48 | ||
| 英诺赛科02577 | 半导体H股 | 32.58 | 253.9 | 34.2 | 15.8 | 272.3 | -7.2 | -48.3% | -36.9% | 6.56 | -5.6% | 2026-06-30 | 亏损 | -16.8 | -14.0 | -9.2 | -5.1 | -10.2 | -11.1 | 26.7 | 100.0%* | -121.5 | -0.48 | ||
| 中航科工02357 | 工业工程H股 | 3.17 | 214.9 | 1,058.9 | 314.5 | 509.7 | 15.6 | 1.7% | 6.6% | 0.61 | 10.8% | 2026-06-30 | 32.7 | -6.1 | 59.9 | -88.1 | -21.1 | -127.4 | -36.6 | 215.1 | 39.6% | -105.4 | -0.49 | ||
| 恒隆地产00101 | 地产非H股 | 6.40 | 283.6 | 686.0 | 51.5 | 812.1 | 14.6 | 14.9% | 2.0% | 0.24 | 8.5% | 2026-06-30 | 55.7 | -1.0 | 12.9 | 22.0 | 36.2 | 49.4 | 23.9 | 467.6 | 83.3% | -147.5 | -0.52 | ||
| 中联重科01157 | 工业工程H股 | 5.30 | 488.0 | 847.0 | 157.7 | 1,139.4 | 41.3 | 7.6% | 7.0% | 0.85 | 8.2% | 2026-06-30 | 27.6 | -7.3 | 4.2 | 3.9 | -25.6 | -0.8 | -5.1 | 375.9 | 94.5% | -254.6 | -0.52 | ||
| 港灯-SS02638 | 公用事业合订证券 | 6.20 | 466.2 | 597.5 | 0.4 | 1,063.3 | 28.0 | 25.4% | 6.3% | 1.06 | 5.9% | 2026-06-30 | 37.9 | 13.0 | -6.8 | 37.1 | 24.1 | 32.1 | 19.9 | 444.4 | 100.0% | -245.0 | -0.53 | ||
| 复星医药02196 | 药品及生物科技H股 | 17.11 | 564.0 | 620.3 | 94.9 | 1,020.0 | 33.9 | 8.0% | 6.1% | 1.16 | 5.3% | 2026-06-30 | 30.1 | -10.3 | -16.7 | -19.2 | 0.7 | 7.6 | -7.6 | 390.3 | 86.8% | -322.2 | -0.57 | ||
| 极兔速递-W01519 | 工用运输非H股 | 9.30 | 757.5 | 488.4 | 96.3 | 1,149.6 | 24.8 | 2.5% | 38.4% | 2.58 | 14.9% | 2026-06-30 | 46.4 | -94.8 | -76.6 | -9.4 | 18.1 | 34.8 | -25.6 | 285.2 | 100.0%* | -444.7 | -0.59 | ||
| 奕斯伟计算01256 | 半导体H股 | 1.38 | 259.0 | 17.7 | 13.1 | 263.6 | -14.9 | -59.4% | -41.8% | 10.82 | -3.9% | 2026-03-31 ▲ | 亏损 | — | -18.6 | -17.8 | -11.3 | -14.8 | -15.6 | 11.4 | 100.0%* | -154.6 | -0.60 | ||
| 蔚来-SW09866 | 汽车非H股 | 27.40 | 585.7 | 1,219.4 | 0.0 | 933.2 | -47.6 | -4.2% | -179.0% | 14.41 | -12.4% | 2026-06-30 | 亏损 | -21.1 | -108.4 | -157.2 | -169.9 | -30.7 | -97.5 | 290.0 | 28.5%* | -360.4 | -0.62 | ||
| 电讯盈科00008 | 电讯非H股 | 5.20 | 343.1 | 915.3 | 31.1 | 1,227.3 | -0.6 | -0.2% | 37.8% | — | — | 2026-06-30 | 亏损 | 14.6 | 30.7 | 48.2 | 28.5 | 41.0 | 32.6 | 首尾·趋势 | 588.0 | — | -231.0 | -0.67 | |
| 小鹏集团-W09868 | 汽车非H股 | 37.46 | 611.4 | 745.8 | 211.6 | 1,145.5 | -31.2 | -4.1% | -16.4% | 2.26 | -7.2% | 2026-06-30 | 亏损 | -54.1 | -129.1 | -18.7 | -44.4 | 49.1 | -39.4 | 268.6 | 100.0%* | -451.4 | -0.74 | ||
| 龙源电力00916 | 公用事业H股 | 5.37 | 895.8 | 1,771.1 | 22.0 | 2,342.3 | 36.5 | 12.5% | 8.0% | 1.17 | 6.9% | 2026-06-30 | 64.2 | -1.1 | 71.0 | -95.0 | 171.1 | 218.3 | 72.9 | 1,564.0 | 82.7% | -672.7 | -0.75 | ||
| 大唐发电00991 | 公用事业H股 | 2.72 | 771.0 | 2,352.8 | 105.2 | 1,593.6 | 71.6 | 5.8% | 9.5% | 2.05 | 4.6% | 2026-06-30 | 22.3 | -60.2 | -8.8 | 29.8 | -46.2 | 77.4 | -1.6 | 1,748.7 | 36.6%* | -607.4 | -0.79 | ||
| 君实生物01877 | 药品及生物科技H股 | 16.31 | 265.8 | 80.5 | 27.1 | 317.4 | -4.0 | -13.3% | -20.4% | 4.46 | -4.6% | 2026-06-30 | 亏损 | -14.1 | -21.6 | -28.5 | -21.3 | -12.8 | -19.7 | 59.1 | 96.6%* | -220.9 | -0.83 | ||
| 太古股份公司B00087 | 综合企业非H股 | 15.60 | 378.5 | 1,380.5 | 180.8 | 1,441.5 | 77.9 | 9.4% | 4.6% | 0.16 | 28.0% | 2026-06-30 | 18.5 | 29.3 | -21.2 | 32.1 | 16.0 | 62.2 | 23.7 | 779.0 | 88.6% | -320.2 | -0.85 | ||
| 江西铜业股份00358 | 一般金属及矿石H股 | 31.60 | 1,191.7 | 1,920.2 | 274.4 | 2,758.5 | 118.2 | 2.0% | 9.4% | 1.36 | 6.9% | 2026-06-30 | 23.3 | 61.6 | 53.3 | 41.2 | -41.6 | -115.0 | -0.1 | 1,406.7 | 95.2% | -1,078.9 | -0.91 | ||
| 华电国际电力股份01071 | 公用事业H股 | 4.37 | 576.5 | 1,585.3 | 58.3 | 1,628.6 | 52.7 | 4.4% | 7.9% | 1.16 | 6.8% | 2026-06-30 | 30.9 | -236.0 | -50.0 | -10.3 | 74.7 | 121.6 | -20.0 | 856.3 | 68.9%* | -687.6 | -1.19 | ||
| 晶合集成02249 | 半导体H股 | 18.80 | 586.3 | 276.6 | 46.8 | 758.2 | 6.2 | 5.6% | 2.4% | 2.52 | 0.9% | 2026-06-30 | 122.9 | — | -16.0 | -110.6 | -120.3 | -61.8 | -77.2 | 218.8 | 74.8%* | -705.9 | -1.20 | ||
| 恒基地产00012 | 地产非H股 | 27.20 | 1,121.6 | 1,685.2 | 38.1 | 2,666.6 | 60.1 | 20.4% | 2.2% | 0.40 | 5.5% | 2026-06-30 | 44.4 | -442.9 | 71.0 | 89.6 | 115.6 | 77.7 | -17.8 | 1,364.8 | 93.8% | -1,411.4 | -1.26 | ||
| 金风科技02208 | 工业工程H股 | 7.46 | 570.8 | 1,227.2 | 104.4 | 1,645.3 | 31.4 | 4.0% | 5.1% | 1.28 | 3.9% | 2026-06-30 | 52.4 | -57.2 | -31.4 | -49.2 | -53.5 | -39.4 | -46.1 | 422.9 | 95.7% | -746.4 | -1.31 | ||
| 中国建筑国际03311 | 建筑红筹股 | 8.73 | 392.5 | 2,116.8 | 377.2 | 2,022.5 | 76.6 | 8.7% | 14.3% | 0.54 | 26.7% | 2026-06-30 | 26.4 | -10.1 | -1.3 | -1.9 | 7.6 | 0.8 | -1.0 | 914.4 | 93.7% | -512.5 | -1.31 | ||
| 商汤-W00020 | 软件服务非H股 | 1.16 | 415.3 | 162.9 | 98.8 | 479.1 | 3.2 | 5.7% | -16.7% | 1.38 | -12.1% | 2026-06-30 | 150.2 | -50.7 | -117.2 | -53.4 | -55.4 | -49.2 | -65.2 | 62.8 | 99.5%* | -612.8 | -1.48 | ||
| 中国南方航空股份01055 | 旅游及消闲设施H股 | 2.77 | 748.4 | 3,124.4 | 85.9 | 2,538.1 | -13.1 | -0.7% | -4.4% | 2.47 | -1.8% | 2026-06-30 | 亏损 | -94.5 | -141.5 | 227.4 | 95.7 | 149.4 | 47.3 | 2,601.3 | 58.9%* | -1,203.0 | -1.61 | ||
| 中国国航00753 | 旅游及消闲设施H股 | 3.51 | 1,025.8 | 2,954.4 | 141.4 | 3,838.8 | -22.7 | -1.3% | -2.7% | 1.71 | -1.6% | 2026-06-30 | 亏损 | 10.6 | -309.8 | 51.4 | 78.8 | 188.1 | 3.8 | 2,147.0 | 100.0%* | -1,967.4 | -1.92 | ||
| 万国数据-SW09698 | 软件服务非H股 | 24.80 | 328.3 | 525.5 | 149.6 | 694.0 | 37.1 | 30.3% | -0.2% | 1.12 | -0.1% | 2026-06-30 | 18.7 | -85.0 | -49.9 | -11.3 | -12.3 | -13.3 | -34.4 | 473.8 | 97.3%* | -649.7 | -1.98 | ||
| 中伟新材02579 | 原材料H股 | 18.95 | 333.5 | 554.7 | 118.8 | 738.0 | 21.5 | 3.6% | 8.4% | 1.42 | 5.9% | 2026-06-30 | 34.4 | — | -144.9 | -25.5 | -25.2 | -23.6 | -54.8 | 309.3 | 92.8% | -685.3 | -2.05 | ||
| 中国东方航空股份00670 | 旅游及消闲设施H股 | 2.37 | 640.2 | 2,608.9 | 55.1 | 3,109.7 | -23.8 | -1.6% | -11.9% | 5.23 | -2.3% | 2026-06-30 | 亏损 | -51.1 | -164.5 | 78.9 | 209.8 | 171.5 | 48.9 | 1,912.5 | 96.7%* | -1,323.1 | -2.07 | ||
| 新天绿色能源00956 | 公用事业H股 | 3.33 | 225.6 | 631.6 | 46.8 | 713.9 | 17.0 | 9.3% | 8.6% | 0.92 | 9.3% | 2026-06-30 | 42.1 | -36.1 | 1.8 | -17.3 | -38.0 | -19.8 | -21.9 | 392.0 | 83.5% | -471.0 | -2.09 | ||
| 光大环境00257 | 公用事业红筹股 | 4.83 | 252.4 | 1,041.7 | 84.3 | 1,054.7 | 36.4 | 15.1% | 8.0% | 0.51 | 15.8% | 2026-06-30 | 28.9 | -83.6 | -13.9 | -11.5 | 40.9 | 92.7 | 4.9 | 786.2 | 83.8% | -546.9 | -2.17 | ||
| 北京控股00392 | 公用事业红筹股 | 30.20 | 323.6 | 1,140.7 | 225.4 | 1,114.4 | 51.9 | 5.9% | 6.3% | 0.36 | 17.6% | 2026-06-30 | 21.5 | -26.6 | -64.0 | -34.2 | -20.6 | 16.7 | -25.7 | 798.9 | 86.4% | -717.9 | -2.22 | ||
| 俄铝00486 | 一般金属及矿石非H股 | 2.79 | 361.0 | 911.1 | 70.4 | 1,201.7 | 2.8 | 0.3% | 1.9% | 0.44 | 4.3% | 2026-06-30 | 432.3 | -2.9 | -115.0 | 49.9 | -63.5 | 14.0 | -23.5 | 726.3 | 100.0%* | -890.9 | -2.47 | ||
| 华能国际电力股份00902 | 公用事业H股 | 6.08 | 1,069.3 | 4,076.1 | 209.7 | 3,628.9 | 118.3 | 5.3% | 7.9% | 1.52 | 5.2% | 2026-06-30 | 30.7 | -370.7 | -80.7 | -131.9 | -112.5 | 88.9 | -121.4 | 3,273.9 | 66.2%* | -2,832.0 | -2.65 | ||
| 华润电力00836 | 公用事业红筹股 | 19.83 | 874.4 | 2,490.6 | 288.0 | 2,887.6 | 117.1 | 12.5% | 14.2% | 0.83 | 17.2% | 2026-06-30 | 24.7 | -144.9 | -75.2 | -89.8 | -148.2 | -22.8 | -96.2 | 2,003.1 | 91.4% | -2,446.8 | -2.80 | ||
| 中远海发02866 | 工用运输H股 | 0.89 | 258.8 | 1,076.1 | 184.0 | 1,146.4 | 16.4 | 6.2% | 5.3% | 0.82 | 6.4% | 2026-06-30 | 69.9 | 13.1 | 43.4 | 15.9 | -9.9 | -39.2 | 4.7 | 1,007.7 | 99.5% | -773.3 | -2.99 | ||
| 复星国际00656 | 综合企业非H股 | 4.90 | 338.8 | 5,389.3 | 454.9 | 3,047.8 | -223.4 | -12.9% | -8.2% | 0.36 | -23.0% | 2026-06-30 | 亏损 | -170.8 | -120.4 | -40.2 | 140.0 | 136.1 | -11.1 | 2,282.9 | 54.9%* | -1,064.3 | -3.14 |
金额单位:亿元人民币(财报是东方财富折算的人民币,市值按港元兑人民币汇率折算);股价:港元;E/E 单位:年。点表头排序,排序作用于当前筛选的全部标的。
公式与口径
- E/E = (市值 + k × (总负债 − 现金等价物)) ÷ TTM 净利,即按当前年化净利收回企业价值所需的年限(不折现)。表中 EV 列已乘 k,总负债、现金等价物两列是合并报表原值。
- 预期差 = 内在价值 ÷ 市值;内在价值 = k × (10 × 近 5 年平均 FCF − 有息负债 + 现金等价物)(隐含 FCF 永续、零增长、10% 收益率)。
- 归母占比 k:FCF、负债、现金都取自合并报表,含少数股东(非控股权益)的份额;市值和 TTM 净利只属于上市公司股东,所以前者先乘 k。近 5 个财年每年都盈利时,k = 5 年股东应占溢利合计 ÷ 除税后溢利合计(比值超过 1.02 时不用);否则用报告期的股东权益 ÷ 总权益(标 *);两样都没有时不调整(显示 —)。这是近似:假设少数股东在整个集团里占同一比例。
- TTM 净利:股东应占溢利的累计值。港股大多只有中报和年报,财年也常不在 12 月结束,所以 TTM = 本期累计 + 上一财年年报 − 上一财年同期累计(本期是年报时就是年报本身),季报、半年报、3 月或 6 月财年都是这一条式子。
- 报告期列是该期实际的截止日(3 月财年的一季报是 06-30,6 月财年的年报是 06-30)。算 TTM 时按东方财富的标准化报告期找上一财年的年报与同期:财年不在 12 月结束的,年报、中报等分别对齐到最近的 12-31、06-30 等,与东方财富 F10 上「2025年年报」「2026年中报」的标签一致。最新一期算不出 TTM(多为新股缺上年同期)时往前退一期,该股所有数字都取那一期;截止日早于主流报告期的标 ▲。
- 净利率 = TTM 净利 ÷ TTM 营收(营业额,同样按上式、用同一组报告期)。分子用归母口径,与 TTM 净利列、E/E 一致,少数股东多的公司会比东方财富的「销售净利率」低一些。港股没有 A 股的「扣除非经常性损益」口径,所以没有扣非净利率这一列;TTM 净利含投资物业重估、出售资产等一次性收益(地产股尤其多),靠它们撑起的净利率会虚高。点表头按净利率从高到低排,亏损为负数,没有营收数据的排最后。
- ROE/PB(股东长期回报率)= 3 年均 ROE ÷ PB,越高越好:按当前价格买入、公司长期维持这个 ROE 并把利润全部留存时,持有者每年大致能得到的回报率。等价于「近 3 年平均 ROE × 当前普通股权益 ÷ 市值」。点表头从高到低排,ROE 为负的排在后面,缺 ROE 或 PB 的排最后。资不抵债后恢复的公司某一年 ROE 可能上百 %(净资产接近 0),3 年平均会被拉高、排到最前,先看悬停里的各年数值。
- 3 年均 ROE:东方财富港股年报的平均净资产收益率(与 F10 页面上的 ROE 相同),取每只股票最近 3 份已披露的年报(当年年报还没交的,往前顺延一年)简单平均;悬停看各年数值。含一次性损益;东财没有收录的年份不计,不满 3 年的平均标 *。
- PB = 市值 ÷ 普通股权益,普通股权益 = 报告期股东权益 − 可转换债券及票据、其他权益工具、优先股、永久资本证券(与 A 股页「归母权益 − 其他权益工具」同口径);悬停看普通股权益。市值与本页其他列相同,A+H 股的 A 股部分按 A 股价计,所以这类股票的 PB 与东方财富按港股价算的不同。普通股权益 ≤ 0 或没有行情时不计。
- FCF = 经营业务现金净额 − 购建固定资产 − 购建无形资产及其他资产,只取年报,按财年(年份标签与东方财富一致,同上)。报表里没有购建这两行的按 0 计。缺失年份不补零,取已有年份的平均(上市不满 5 年的公司同样处理;东财多数收录了招股书里的上市前年报)。
- FCF 筛选:近 5 个财年(2021–2025)每年都有 FCF 且都大于 0,再按三种口径之一判断增长:首尾增长 = 最后一年高于第一年,中间允许回落;逐年增长 = 每一年都高于上一年(同时满足另两种);趋势向上 = 5 年 FCF 对年份做线性回归,斜率大于 0。缺任何一年都不算。「FCF增长」列写出满足的口径。这只是筛选,不改变买入信号。
- 有息负债 = 短期贷款 + 长期贷款 + 应付债券 + 可转换票据及债券 + 应付票据(非流动)+ 融资租赁负债(流动、非流动)+ 可转换可赎回优先股,取该股报告期的资产负债表。流动负债里的「应付票据」多为应付账款性质的票据,不计。
- 现金等价物:现金流量表期末现金,可能含受限资金。
- 金额:港元、美元等报表都已由东方财富折成人民币,本页不再换算财报;只有市值按当前港元兑人民币汇率折算。
- 市值:港股价 × 总股本(H 股公司未上市的内资股也按港股价计,与东方财富、腾讯的总市值口径一致),再乘港元兑人民币汇率。A+H 股改为 H 股股数 × 港股价 × 汇率 + A 股股数 × A 股价(A 股股数 = 总股本 − H 股),与 A 股页折算后的市值是同一个公式。「市值大于 200 亿」指亿元人民币,按表中显示的一位小数判断(显示 200.0 的不收),没有行情的不收。
- E/E 和预期差都假设当前盈利和 FCF 能代表未来。周期性行业在盈利高峰时 E/E 偏低,可能是周期顶部的价值陷阱,而不是低估;重资产、在建项目多的公司 E/E 普遍偏高、FCF 常为负。
- 口径与 A 股页、stock.plaingarden.cc 相同(同一份计算代码)。A+H 股在两页的财报来源不同:本页用港股年报(香港财务报告准则),A 股页用 A 股年报(中国会计准则),数字可能略有出入。本页不构成投资建议。
名单与数据
- 名单:东方财富港股 F10 证券资料里的主板、创业板全部(人民币柜台不收;同一家公司的临时柜台——平行买卖、供股权、改每手股数期间的旧柜台——和转板前的旧代码只留正式柜台),按东方财富给的恒生行业归类;没有行业的(多为新股)列在「未分类」;已退市但仍留在列表里的旧代码(腾讯没有行情)不收。银行、保险、其他金融整个剔除,报表不是一般企业格式(证券、银行、保险格式)的也剔除:存款、保单准备金和客户资金都记在负债里,E/E 的「总负债」口径对它们没有意义。「类型」是东方财富的证券类型(H股、红筹股、非H股等),创业板另外注明。名单每周一更新。
- 财报:东方财富数据中心港股 F10 按报告期一次取全市场(主要指标、资产负债表、现金流量表、利润表)。每天 19:15(北京时间)重拉最近 4 个标准化报告期和最新财年(6 月财年的年报 10 月才交,却记在上一年 12-31,所以要往回看满一年),更早的期只在缺失时补;每周一全部重拉一次。
- 行情:交易日 09:15–16:15 每 5 分钟取一次腾讯全市场快照(港股价、股本,以及港元兑人民币汇率);收盘后和周末显示最后一份。A+H 股另取腾讯的 A 股价,这次取不到就沿用上一份。H 股与 A 股的对应关系来自东方财富 A 股 F10 公司概况,随名单每周一更新。
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