1、 power point 2009 2009 2009 2009.92 2 3 1875.26 2002 1003.44 998 0 500 1000 1500 2000 2500 3000 3500 1-8 9-12 1.1 -200% 0% 200% 400% 600% 800% 1000% 1200% 08-02 08-04 08-06 08-08 08-10 08-12 09-03 09-05 09-07 -35% -30% -25% -20% -15% -10% -5% 0% 4 -100% -50% 0% 50% 100% 150% 200% 250% 08-04 08-06 08
2、-08 08-10 08-12 09-03 09-05 09-07 1605.93 1897.00 1278.67 1674 0 500 1000 1500 2000 2500 3000 3500 4000 08 09 1-8 9-12 1.2 -40% -20% 0% 20% 40% 60% 80% 100% 120% 08-04 08-06 08-08 08-10 08-12 09-03 09-05 09-07 5 -37% 66436000 41870000 KVA 99% -32% -41% % 100 243 723 2008 199 166 428 2009 GIS -35% 10
3、6900000 68977000 KVA -26% -29% -34% % 1096 1335 5196 2008 809 949 3418 2009 GIS 2009 550KV 1.3 2009 220KV 291 203 4332 2009 2009 6 13% 29% 15% 33% 5% 08 33% 20% 5% 09 6.66% 8.87% 1.67% 38.33% 13.33% 08 1.97% 25.12% 13.79% 09 2009 1.4 2009 1.22% 21.24% 16.39% 09 0.00% 5.63% 48.20% 08 2009 7 1.5 0% 5%
4、 10% 15% 20% 25% 30% 35% 40% 45% 08-02 08-03 08-04 08-05 08-06 08-07 08-08 08-09 08-10 08-11 08-12 09-02 09-03 09-04 09-05 09-06 09-07 09-08 0% 10% 20% 30% 40% 50% 60% 70% 80% -40% -20% 0% 20% 40% 60% 80% 08-02 08-03 08-04 08-05 08-06 08-07 08-08 08-09 08-10 08-11 08-12 09-02 09-03 09-04 09-05 09-06
5、 09-07 09-08 0% 200% 400% 600% 800% 1000% 1200% 8 1.6 0 10000 20000 30000 40000 50000 60000 70000 08-01 08-03 08-05 08-07 08-09 08-11 09-01 09-03 09-05 09-07 0 5000 10000 15000 20000 25000 % 10 15 20 25 30 35 40 08 08 08 08 09 09 SW SW SW SW SW SW 16.72% 10.25% 7.14% 7.04% 9.53% 18.37% -8.62% 15.23%
6、 9 2 10 2.1 11 2.2 12 2.2 13 2.3 14 2.4 15 2.5 16 2 17 -10% -5% 0% 5% 10% 15% 20% 25% 09-06 09-06 09-07 09-07 09-07 09-07 09-08 09-08 09-08 09-08 09-08 09-09 09-09 09-09 300 12.52 17.13 18.61 21.06 22.91 33.48 39.20 7.52 10.84 11.59 11.96 3.31 -1.99 -4.32 3.1 18 3.2 300 300 20.32 36.14 0 10 20 30 40
7、 50 60 70 0 10 20 30 40 50 60 70 80 90 01/07/00 07/14/00 01/05/01 07/06/01 12/28/01 06/28/02 02-12- 03-06- 12/05/03 06/04/04 11/19/04 05-05- 11/11/05 05/12/06 11/03/06 04/27/07 10/19/07 04/03/08 09/19/08 09-03- 09/04/09 19 2 20 4.1 “ ” 21 21,208.02 15,578.66 12518.93 8931.22 36.14 24.44 2,012.49 1,5
8、44.36 30.31 60.43 0.86 2009E 1.12 2010E 2008A 2007A 12 31 . 4.2 600089 WIND 22 2,232.37 1,696.00 31.63 863.64 1.92 2009E 2.53 2010E 2008A 2007A 12 31 . 4.2 600875 61% 2011 WIND 23 1,362.29 897.25 51.83 54.00 275.59 196.01 40.46 50.52 0.88 2009E 1.23 2010E 2008A 2007A 12 31 . 4.2 002123 SVC WIND 24 2009E 2010E 2008A 2007A 12 31 . 4.2 600312 WIND 25 26 10% Underperform 10% In-Line 10% Outperform 20% Superperform
