廣發(fā)證券2013年醫(yī)藥行業(yè)投資策略概要

1、盈余展望及投資評(píng)級(jí)公司代碼公司名稱傳統(tǒng)中藥000538000423600085600436600332600993現(xiàn)代中藥600535600750600518000999600479600557600594000650300147300181生物制劑002022300289002030002038300199002007002252300122300142600161云南白藥東阿阿膠同仁堂片仔癀廣州藥業(yè)馬應(yīng)龍?zhí)焓苛兴帢I(yè)康美藥業(yè)華潤(rùn)三九千金藥業(yè)康緣藥業(yè)益佰制藥仁和藥業(yè)香雪制藥佐力藥業(yè)科華生物利德曼達(dá)安基因雙鷺?biāo)帢I(yè)翰宇藥業(yè)華蘭生物上海萊士智飛生物沃森生物天壇生物收盤價(jià)（元/股）63.6838.

2、4417.0096.4216.9913.1250.8918.1314.9320.3010.6017.8619.594.5510.2410.989.6019.226.5834.9812.2219.0012.9333.6433.5311.502012E2.211.520.432.410.500.521.480.800.671.060.400.580.920.260.370.440.530.650.241.300.520.600.430.671.460.52EPS2013E2.881.960.543.050.640.621.921.070.901.330.490.731.130.400.500.57

3、0.610.830.281.720.670.760.480.921.780.572014E3.602.480.673.610.880.772.431.371.181.650.610.911.450.520.670.700.711.120.332.180.861.030.511.192.090.612012E2925404034253423221927312118282518302727243230502322PE2013E22203132272127171715222417112019162324201825273719202014E181625271917211313121720149151

4、614172016141825281619投資評(píng)級(jí)買入買入慎重增持慎重增持擁有擁有買入買入買入買入慎重增持慎重增持慎重增持買入買入慎重增持擁有慎重增持擁有買入慎重增持慎重增持慎重增持慎重增持慎重增持慎重增持總市值（億元）442251221135138442635632819932747145311647302713324109631356159總股本（萬股）694276540213020714000810903315851642311152198719789030482415653607099067300971440049228153604160538070200005762048960400

5、001822351547盈余展望及投資評(píng)級(jí)公司代碼002262600062002294300006002653300146化學(xué)原料藥600267600521600216002001醫(yī)療器材002223600587300171300003醫(yī)療服務(wù)300244600763醫(yī)藥流通600511000028600998600713綜合類601607600196公司名稱恩華藥業(yè)華潤(rùn)雙鶴信立泰萊美藥業(yè)海思科湯臣倍健海正藥業(yè)華海藥業(yè)浙江醫(yī)藥新和成魚躍醫(yī)療新華醫(yī)療東富龍樂普醫(yī)療迪安診斷通策醫(yī)療國(guó)藥股份國(guó)藥一致九州通南京醫(yī)藥上海醫(yī)藥復(fù)星醫(yī)藥收盤價(jià)（元/股）25.5021.0237.5018.2523.2254.

6、0013.7210.4719.0117.0913.5828.2726.448.1425.8519.8613.2129.2610.894.2610.429.29EPS2012E2013E0.640.871.101.341.401.710.500.711.101.451.352.080.480.620.580.732.502.751.802.070.530.680.901.231.291.650.650.780.610.780.580.740.680.821.571.950.310.360.110.150.750.860.700.822014E1.251.692.191.021.893.060.8

7、10.852.912.210.871.622.120.911.030.980.962.370.420.200.990.952012E401927372140291889263120133327191935391413PE2013E2916222616262214782023161025201615302812112014E20121718121817127816171291141226211110投資評(píng)級(jí)慎重增持買入慎重增持買入買入慎重增持買入慎重增持擁有擁有買入買入買入擁有慎重增持買入買入買入持有無評(píng)級(jí)慎重增持慎重增持總市值（億元）601201633393118115579912472495

8、5662432638415530280208總股本（萬股）2340057170435841830040010218728397154745520067259553161174052080081200919816032478802881514205269358268891224046數(shù)據(jù)本源：Wind資訊，廣發(fā)證券發(fā)展研究中心Thanks!感謝傾聽廣發(fā)證券發(fā)展研究中心鑒別風(fēng)險(xiǎn)，發(fā)現(xiàn)價(jià)值IdentifyRisks,DiscoverValue免責(zé)申明廣發(fā)證券股份有限公司具備證券投資咨詢業(yè)務(wù)資格。本報(bào)告所載資料的本源及看法的出處皆被廣發(fā)證券股份有限公司以為靠譜，但廣發(fā)證券不對(duì)其正確性或完好性做出任何保證。報(bào)告內(nèi)容僅供參照，報(bào)告中的信息或所表達(dá)看法不構(gòu)成所涉證券買賣的出價(jià)或詢價(jià)。廣發(fā)證券不對(duì)因使用本報(bào)告的內(nèi)容而引致的損失擔(dān)當(dāng)當(dāng)何責(zé)任，除非法律法規(guī)有明確規(guī)定?？蛻舨辉撘员緢?bào)告代替其獨(dú)立判斷或僅依據(jù)本報(bào)告做出決策。廣發(fā)證券可發(fā)出其他與本報(bào)告所載信息不一致及有不一樣結(jié)論的報(bào)告。本報(bào)告反響研究人員的不一樣看法、見解及分析方法，其實(shí)不代表廣發(fā)證券或其隸屬機(jī)構(gòu)的立場(chǎng)。報(bào)告所載資料、建議及推測(cè)