电子行业：研发费用加计扣除比例提升，利好电子板块科技公司

《电子行业：研发费用加计扣除比例提升，利好电子板块科技公司》由会员上传分享，免费在线阅读，更多相关内容在行业资料-天天文库。

1、行业动态研究报告一、一周行情回顾图1：电子行业相关重要指数涨跌幅情况代码名称周报点周涨跌幅月涨跌幅年涨跌幅000001.SH上证综指2797.484.32%2.65%-15.41%399001.SZ深证成指8409.183.64%-0.66%-23.83%399006.SZ创业板指1411.123.26%-1.68%-19.49%000300.SH沪深3003410.495.19%2.28%-15.39%801080.SI电子(申万)2387.192.07%-5.27%-31.30%SOX.GI费城半导体指数1383.090.42

2、%-1.29%10.38%TWSE020台湾电子指数437.83-1.02%-3.58%-0.42%TWSE071台湾半导体指数174.660.01%-0.47%7.74%资料来源：Wind，中信建投证券研究发展部图2：电子行业每周股价涨幅前十五名资料来源：Wind，中信建投证券研究发展部图3：电子行业每周股价跌幅前十五名资料来源：Wind，中信建投证券研究发展部请参阅最后一页的重要声明16行业动态研究报告二、重点公司估值表表1：核心推荐与关注公司估值（股价取20180921收盘价）公司评级股价（元）17A归母净利润（亿元）18E

3、19E20ETTM17A18EEPS（元）19E20ETTM17A18EPE19E20ETTM立讯精密买入15.2616.923.134.446.118.50.410.560.841.120.4537.227.218.313.633.9三环集团买入21.7210.813.617.321.912.10.620.780.991.260.6934.927.921.917.331.3欧菲科技买入13.458.220.028.040.09.40.300.741.031.470.3544.518.213.09.138.7顺络电子买入16.26

4、3.45.27.010.34.00.420.640.861.260.4938.825.518.912.933.2京东方A买入3.2475.761.684.2111.360.90.220.180.240.320.1814.918.313.410.118.5三安光电买入15.9831.642.352.668.535.00.781.041.291.680.8620.615.412.49.518.6海康威视买入28.9394.1118.3153.8200.2102.11.021.281.672.171.1128.422.617.413.3

5、26.1大华股份买入14.5423.827.131.137.824.90.820.931.071.300.8617.715.613.611.217.0生益科技买入10.4010.712.116.218.011.20.510.570.770.850.5320.618.113.612.219.6大族激光买入42.8016.720.328.130.018.11.561.902.632.821.7027.422.516.315.225.2华天科技买入5.085.06.17.810.35.00.230.290.370.480.2421.81

6、7.713.910.521.5资料来源：Wind，中信建投证券研究发展部表2：海外重点公司估值（股价取20180921收盘价）证券代码公司股价（美元）净利润（财年，单位：10亿美元）17A18E19E20ETTM17A18EEPS（美元）19E20ETTM17A18EPE19E20ETTMAAPL.O苹果217.6648.3558.0362.1963.3645.729.2111.5213.1914.4510.4323.618.916.515.120.9TEL.N泰科电子92.611.731.972.102.271.284.835.

7、306.046.613.7519.217.515.314.024.7APH.N安费诺95.360.671.121.201.250.692.133.533.884.072.2644.827.024.623.542.22018.HK瑞声科技10.160.791.101.251.460.820.640.831.031.200.6715.812.29.98.515.23008.TW大立光126.110.850.851.061.170.826.376.317.948.936.2519.820.015.914.120.22382.HK舜宇光学

8、11.400.430.640.881.130.430.400.590.801.030.3928.919.414.211.129.2ROG.N罗杰斯149.140.100.110.130.150.105.365.746.817.745.1527.82