539 lines
41 KiB
HTML
539 lines
41 KiB
HTML
<!DOCTYPE html>
|
||
<html lang="zh-CN" data-theme="night">
|
||
<head>
|
||
<meta charset="UTF-8">
|
||
<meta name="viewport" content="width=device-width, initial-scale=1.0">
|
||
<title>智能电表 - 深度投研报告</title>
|
||
<script src="https://cdn.tailwindcss.com"></script>
|
||
<link href="https://cdn.jsdelivr.net/npm/daisyui@4.11.1/dist/full.min.css" rel="stylesheet" type="text/css" />
|
||
<script defer src="https://cdn.jsdelivr.net/npm/alpinejs@3.x.x/dist/cdn.min.js"></script>
|
||
<script src="https://cdn.jsdelivr.net/npm/echarts@5.5.0/dist/echarts.min.js"></script>
|
||
<style>
|
||
@import url('https://fonts.googleapis.com/css2?family=Inter:wght@300;400;500;600;700&family=Orbitron:wght@400;700&display=swap');
|
||
|
||
body {
|
||
font-family: 'Inter', sans-serif;
|
||
background-color: #020010;
|
||
background-image:
|
||
radial-gradient(at 27% 37%, hsla(215, 98%, 61%, 0.1) 0px, transparent 50%),
|
||
radial-gradient(at 97% 21%, hsla(125, 98%, 72%, 0.1) 0px, transparent 50%),
|
||
radial-gradient(at 52% 99%, hsla(355, 98%, 61%, 0.1) 0px, transparent 50%),
|
||
radial-gradient(at 10% 29%, hsla(256, 96%, 61%, 0.1) 0px, transparent 50%),
|
||
radial-gradient(at 97% 96%, hsla(38, 60%, 74%, 0.1) 0px, transparent 50%),
|
||
radial-gradient(at 33% 50%, hsla(222, 67%, 73%, 0.1) 0px, transparent 50%),
|
||
radial-gradient(at 79% 53%, hsla(343, 68%, 79%, 0.1) 0px, transparent 50%);
|
||
background-attachment: fixed;
|
||
color: #e0e0e0;
|
||
}
|
||
|
||
.glass-card {
|
||
background: rgba(10, 10, 30, 0.4);
|
||
backdrop-filter: blur(16px) saturate(180%);
|
||
-webkit-backdrop-filter: blur(16px) saturate(180%);
|
||
border: 1px solid rgba(255, 255, 255, 0.1);
|
||
border-radius: 24px;
|
||
box-shadow: 0 0 40px rgba(0, 255, 255, 0.05);
|
||
transition: all 0.3s ease;
|
||
}
|
||
|
||
.glass-card:hover {
|
||
transform: translateY(-5px) scale(1.01);
|
||
box-shadow: 0 0 60px rgba(0, 255, 255, 0.15);
|
||
}
|
||
|
||
.fui-title {
|
||
font-family: 'Orbitron', sans-serif;
|
||
text-shadow: 0 0 8px rgba(0, 191, 255, 0.7), 0 0 16px rgba(0, 191, 255, 0.5);
|
||
}
|
||
|
||
.bento-grid {
|
||
display: grid;
|
||
gap: 1.5rem;
|
||
grid-template-columns: repeat(12, 1fr);
|
||
}
|
||
|
||
.grid-item {
|
||
grid-column: span 12;
|
||
}
|
||
|
||
@media (min-width: 1024px) {
|
||
.grid-item-span-8 { grid-column: span 8; }
|
||
.grid-item-span-4 { grid-column: span 4; }
|
||
.grid-item-span-6 { grid-column: span 6; }
|
||
.grid-item-span-12 { grid-column: span 12; }
|
||
}
|
||
|
||
.tab-lifted.tab-active {
|
||
background-color: rgba(0, 191, 255, 0.1) !important;
|
||
border-color: rgba(0, 191, 255, 0.5) !important;
|
||
color: #fff !important;
|
||
}
|
||
|
||
.table thead th {
|
||
background-color: rgba(0, 191, 255, 0.1);
|
||
color: #c0e6f0;
|
||
}
|
||
|
||
.table tbody tr {
|
||
transition: background-color 0.2s ease;
|
||
}
|
||
|
||
.table tbody tr:hover {
|
||
background-color: rgba(0, 191, 255, 0.08);
|
||
}
|
||
</style>
|
||
</head>
|
||
|
||
<body class="p-4 sm:p-6 lg:p-8">
|
||
<div class="max-w-screen-2xl mx-auto">
|
||
|
||
<!-- Header -->
|
||
<header class="text-center mb-12">
|
||
<h1 class="text-4xl md:text-6xl font-bold fui-title text-cyan-300">智能电表</h1>
|
||
<h2 class="text-xl md:text-2xl mt-2 text-slate-300">深度投研报告</h2>
|
||
<p class="mt-4 text-xs text-slate-500 tracking-widest">
|
||
北京价值前沿科技有限公司 AI投研agent：“价小前投研” 呈现 | 本报告为AI合成数据，投资需谨慎
|
||
</p>
|
||
</header>
|
||
|
||
<!-- Main Content Grid -->
|
||
<main class="bento-grid">
|
||
|
||
<!-- Core Insight -->
|
||
<section class="glass-card p-6 md:p-8 grid-item grid-item-span-8">
|
||
<h3 class="text-2xl font-bold text-cyan-300 mb-4 fui-title">核心观点与市场认知</h3>
|
||
<div class="space-y-6 text-slate-300">
|
||
<div>
|
||
<h4 class="font-semibold text-lg text-white mb-2">摘要：从“周期替换”到“价值成长”</h4>
|
||
<p>智能电表正处在由<strong class="text-cyan-400">“周期性替换”</strong>向<strong class="text-cyan-400">“技术升级驱动的价值成长”</strong>转型的关键节点。其核心驱动力呈现“双引擎”模式：<strong class="text-fuchsia-400">国内市场</strong>凭借新国标落地迎来确定性的“量价齐升”；<strong class="text-amber-400">海外市场</strong>则在亚非拉等新兴区域的“0到1”渗透与欧美市场的存量更新中提供高增长弹性。当前，该概念已从主题炒作步入基本面驱动阶段，市场的关注焦点正从单纯的出货量转向技术升级带来的毛利率修复和海外市场的实际订单转化能力。</p>
|
||
</div>
|
||
<div>
|
||
<h4 class="font-semibold text-lg text-white mb-2">核心驱动力分析</h4>
|
||
<ul class="list-disc list-inside space-y-2">
|
||
<li><strong class="text-fuchsia-400">国内 - 政策与周期共振:</strong> 约5.7亿只电表进入8年集中更换高峰期 (2024-2026年)，构成“量”的基础。</li>
|
||
<li><strong class="text-fuchsia-400">国内 - 技术标准升级 (核心变量):</strong> 新国标为适应分布式光伏、充电桩等需求进行根本性功能重塑，直接打破多年“降价通道”，推动产品价值与盈利能力双回升。</li>
|
||
<li><strong class="text-amber-400">海外 - 新兴市场电气化:</strong> 亚非拉地区渗透率普遍<10%，核心诉求是解决偷漏电、预收费等基础问题，为中国厂商提供了巨大的“0到1”增量市场。</li>
|
||
<li><strong class="text-amber-400">海外 - 发达市场智能化改造:</strong> 欧美市场面临第一代智能电表更新及功能升级需求（如V2G、实时电价），欧盟4700亿欧元智能电网改造计划提供政策背书。</li>
|
||
</ul>
|
||
</div>
|
||
<div>
|
||
<h4 class="font-semibold text-lg text-white mb-2">市场热度与预期差</h4>
|
||
<p>当前市场热度极高，情绪整体乐观。研报密集发布、路演信息饱满、事件驱动效应明显。然而，预期差依然存在：</p>
|
||
<div class="mt-3 grid grid-cols-1 md:grid-cols-2 gap-4">
|
||
<div class="bg-slate-900/30 p-4 rounded-xl border border-green-500/30">
|
||
<p class="font-semibold text-green-400">积极预期差 (+)</p>
|
||
<ul class="list-disc list-inside text-sm mt-2">
|
||
<li>毛利率修复幅度：新闻数据显示毛利率有望从20%修复至<strong class="text-green-300">40%+</strong>，可能尚未被市场完全定价。</li>
|
||
<li>海外非线性增长：中国企业一旦突破高端市场（如美国）认证壁垒，可能实现<strong class="text-green-300">“从0到1”</strong>的非线性突破。</li>
|
||
</ul>
|
||
</div>
|
||
<div class="bg-slate-900/30 p-4 rounded-xl border border-red-500/30">
|
||
<p class="font-semibold text-red-400">消极预期差 (-)</p>
|
||
<ul class="list-disc list-inside text-sm mt-2">
|
||
<li>欧洲市场的“美好幻觉”：欧洲需求虽旺盛，但因贸易壁垒（非GPA国家），中国厂商实际获益有限，市场可能<strong class="text-red-300">高估了短期分羹能力</strong>。</li>
|
||
<li>国内竞争格局隐忧：国网招标“份额分散化”且国网子公司承接更多订单，头部上市公司<strong class="text-red-300">实际增量可能不及预期</strong>。</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</section>
|
||
|
||
<!-- Timeline -->
|
||
<section class="glass-card p-6 md:p-8 grid-item grid-item-span-4">
|
||
<h3 class="text-2xl font-bold text-cyan-300 mb-6 fui-title">核心催化事件轴</h3>
|
||
<ul class="timeline timeline-snap-icon max-md:timeline-compact timeline-vertical">
|
||
<li>
|
||
<div class="timeline-middle">
|
||
<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 20 20" fill="currentColor" class="h-5 w-5 text-cyan-400"><path fill-rule="evenodd" d="M10 18a8 8 0 100-16 8 8 0 000 16zm.75-13a.75.75 0 00-1.5 0v5c0 .414.336.75.75.75h4a.75.75 0 000-1.5h-3.25V5z" clip-rule="evenodd" /></svg>
|
||
</div>
|
||
<div class="timeline-end timeline-box md:mb-5">
|
||
<time class="font-mono italic text-xs">2024 H1</time>
|
||
<div class="text-lg font-black">国内招标放量</div>
|
||
国网招标增至3次，第一批同比+76%，但价格承压下滑4-5%。
|
||
</div>
|
||
<hr class="bg-cyan-400"/>
|
||
</li>
|
||
<li>
|
||
<hr class="bg-cyan-400"/>
|
||
<div class="timeline-middle">
|
||
<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 20 20" fill="currentColor" class="h-5 w-5 text-cyan-400"><path fill-rule="evenodd" d="M10 18a8 8 0 100-16 8 8 0 000 16zm.75-13a.75.75 0 00-1.5 0v5c0 .414.336.75.75.75h4a.75.75 0 000-1.5h-3.25V5z" clip-rule="evenodd" /></svg>
|
||
</div>
|
||
<div class="timeline-end timeline-box md:mb-5">
|
||
<time class="font-mono italic text-xs">2024.09</time>
|
||
<div class="text-lg font-black">新标准酝酿</div>
|
||
国网发布新标准(2.2版)，量程、继电器等重大升级，预期反转。
|
||
</div>
|
||
<hr class="bg-cyan-400"/>
|
||
</li>
|
||
<li>
|
||
<hr class="bg-cyan-400"/>
|
||
<div class="timeline-middle">
|
||
<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 20 20" fill="currentColor" class="h-5 w-5 text-fuchsia-400"><path fill-rule="evenodd" d="M10 18a8 8 0 100-16 8 8 0 000 16zm3.857-9.809a.75.75 0 00-1.214-.882l-3.483 4.79-1.88-1.88a.75.75 0 10-1.06 1.061l2.5 2.5a.75.75 0 001.137-.089l4-5.5z" clip-rule="evenodd" /></svg>
|
||
</div>
|
||
<div class="timeline-end timeline-box md:mb-5">
|
||
<time class="font-mono italic text-xs">2024.11</time>
|
||
<div class="text-lg font-black text-fuchsia-300">价值重估</div>
|
||
第三批招标全面采用新标，价格超预期大涨，A级单相环比+58%，毛利率有望修复至40%+。
|
||
</div>
|
||
<hr class="bg-cyan-400"/>
|
||
</li>
|
||
<li>
|
||
<hr class="bg-cyan-400"/>
|
||
<div class="timeline-middle">
|
||
<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 20 20" fill="currentColor" class="h-5 w-5 text-amber-400"><path fill-rule="evenodd" d="M10 18a8 8 0 100-16 8 8 0 000 16zM4.75 10.25a.75.75 0 000 1.5h10.5a.75.75 0 000-1.5H4.75z" clip-rule="evenodd" /></svg>
|
||
</div>
|
||
<div class="timeline-end timeline-box">
|
||
<time class="font-mono italic text-xs">同期海外</time>
|
||
<div class="text-lg font-black text-amber-300">多点开花</div>
|
||
非洲需求强劲(预计45亿)，三星医疗突破美国市场，但欧洲增长受限。
|
||
</div>
|
||
</li>
|
||
</ul>
|
||
</section>
|
||
|
||
<!-- Data Dashboard -->
|
||
<section x-data="{ tab: 'global' }" class="glass-card p-6 md:p-8 grid-item grid-item-span-12">
|
||
<div role="tablist" class="tabs tabs-lifted">
|
||
<a role="tab" class="tab" :class="{ 'tab-active': tab === 'global' }" @click="tab = 'global'">全球市场宏观趋势</a>
|
||
<a role="tab" class="tab" :class="{ 'tab-active': tab === 'domestic' }" @click="tab = 'domestic'">中国国内市场分析</a>
|
||
<a role="tab" class="tab" :class="{ 'tab-active': tab === 'overseas' }" @click="tab = 'overseas'">海外市场出口数据</a>
|
||
</div>
|
||
<div class="mt-6">
|
||
<!-- Global Market -->
|
||
<div x-show="tab === 'global'">
|
||
<div class="grid grid-cols-1 lg:grid-cols-2 gap-6 items-center">
|
||
<div>
|
||
<h4 class="text-xl font-bold text-white mb-2">全球市场规模与增长</h4>
|
||
<p class="text-slate-300">全球电网进入新一轮投资高峰，受益于新能源装机、电网老旧更换及新兴市场渗透率提升，智能电表市场发展势头强劲。</p>
|
||
<div class="stats stats-vertical lg:stats-horizontal shadow bg-transparent mt-4">
|
||
<div class="stat">
|
||
<div class="stat-title">2022年市场规模</div>
|
||
<div class="stat-value text-primary">1932 亿元</div>
|
||
<div class="stat-desc">Precedence Research</div>
|
||
</div>
|
||
<div class="stat">
|
||
<div class="stat-title">2032年预测规模</div>
|
||
<div class="stat-value text-secondary">4637 亿元</div>
|
||
<div class="stat-desc">Precedence Research</div>
|
||
</div>
|
||
<div class="stat">
|
||
<div class="stat-title">年复合增长率 (CAGR)</div>
|
||
<div class="stat-value">9.20%</div>
|
||
<div class="stat-desc">2023-2032年</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
<div id="global-market-chart" class="h-64 lg:h-80 w-full"></div>
|
||
</div>
|
||
</div>
|
||
<!-- Domestic Market -->
|
||
<div x-show="tab === 'domestic'">
|
||
<div class="grid grid-cols-1 lg:grid-cols-2 gap-6 items-center">
|
||
<div>
|
||
<h4 class="text-xl font-bold text-white mb-2">国内市场：量价齐升，价值重估</h4>
|
||
<p class="text-slate-300">2024-2025年，国内市场迎来替换高峰与新标准升级的双重利好。国网招标量预计达9000万-1亿只/年。新标准推动电表价格在经历短暂下滑后触底反弹，涨幅超预期，行业盈利能力有望大幅修复。</p>
|
||
<ul class="list-disc list-inside space-y-1 mt-4 text-slate-300">
|
||
<li><span class="font-semibold text-white">招标总量:</span> 2024年国网招标总量9198万只, 同比 <strong class="text-green-400">+25%</strong></li>
|
||
<li><span class="font-semibold text-white">价格反弹:</span> 新标下A级单相表价格环比 <strong class="text-green-400">+58%</strong>, 整体均价环比 <strong class="text-green-400">+50%</strong></li>
|
||
<li><span class="font-semibold text-white">毛利修复:</span> 行业毛利率有望从20%修复至 <strong class="text-green-400">40%+</strong></li>
|
||
</ul>
|
||
</div>
|
||
<div id="domestic-price-chart" class="h-64 lg:h-80 w-full"></div>
|
||
</div>
|
||
</div>
|
||
<!-- Overseas Market -->
|
||
<div x-show="tab === 'overseas'">
|
||
<div class="grid grid-cols-1 lg:grid-cols-2 gap-6 items-center">
|
||
<div>
|
||
<h4 class="text-xl font-bold text-white mb-2">海外市场：新兴市场高增，欧美待突破</h4>
|
||
<p class="text-slate-300">中国智能电表厂商凭借技术、价格及交付优势，深度布局“一带一路”。亚非拉新兴市场成为主要增长引擎，而欧美市场虽需求旺盛但存在贸易壁垒。</p>
|
||
<div class="overflow-x-auto mt-4">
|
||
<table class="table table-sm">
|
||
<thead>
|
||
<tr><th>区域</th><th>2024年1-10月累计出口额</th><th>同比变化</th><th>市场特点</th></tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr class="hover"><td>亚洲</td><td>32.93 亿元</td><td class="text-green-400">+25.95%</td><td>东南亚需求略降，但三相表需求旺盛</td></tr>
|
||
<tr class="hover"><td>非洲</td><td>25.46 亿元</td><td class="text-green-400">+32.51%</td><td>高增长，解决偷漏电，渗透率<10%</td></tr>
|
||
<tr class="hover"><td>欧洲</td><td>27.18 亿元</td><td class="text-red-400">-10.24%</td><td>需求翻倍，但贸易壁垒限制中国份额</td></tr>
|
||
<tr class="hover"><td>美洲</td><td>4.70 亿元</td><td class="text-red-400">-16.00%</td><td>三星医疗获美国订单，实现罕见突破</td></tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
<div id="overseas-export-chart" class="h-64 lg:h-80 w-full"></div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</section>
|
||
|
||
<!-- Industry Chain & Risks -->
|
||
<section class="glass-card p-6 md:p-8 grid-item grid-item-span-7">
|
||
<h3 class="text-2xl font-bold text-cyan-300 mb-4 fui-title">产业链图谱与未来路径</h3>
|
||
<div class="space-y-6">
|
||
<div>
|
||
<h4 class="font-semibold text-lg text-white mb-2">产业链全景</h4>
|
||
<div class="grid grid-cols-1 md:grid-cols-3 gap-4 text-center">
|
||
<div class="bg-slate-900/30 p-4 rounded-xl">
|
||
<p class="font-bold text-amber-300">上游：核心元器件</p>
|
||
<p class="text-sm mt-1">芯片 (复旦微电, 钜泉科技)、<strong class="text-yellow-200">继电器 (宏发股份)</strong>、结构件</p>
|
||
</div>
|
||
<div class="bg-slate-900/30 p-4 rounded-xl">
|
||
<p class="font-bold text-cyan-300">中游：整机与系统</p>
|
||
<p class="text-sm mt-1">智能电表、采集终端、AMI系统 (三星医疗, 海兴电力, 许继电气)</p>
|
||
</div>
|
||
<div class="bg-slate-900/30 p-4 rounded-xl">
|
||
<p class="font-bold text-fuchsia-300">下游：应用与运营</p>
|
||
<p class="text-sm mt-1">电网公司、商业综合体、智慧楼宇、<strong class="text-fuchsia-200">虚拟电厂(VPP)</strong></p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
<div>
|
||
<h4 class="font-semibold text-lg text-white mb-2">长期发展路径</h4>
|
||
<ul class="list-decimal list-inside space-y-2 text-slate-300">
|
||
<li><strong class="text-white">角色演进：</strong>从“计量工具”到新型电力系统的<strong class="text-cyan-400">“末端感知与控制神经元”</strong>，为虚拟电厂、需求侧响应提供数据基础。</li>
|
||
<li><strong class="text-white">市场演进：</strong>从“产品出海”到<strong class="text-cyan-400">“产能与方案出海”</strong>，通过海外建厂和技术输出建立深度本地化运营壁垒。</li>
|
||
<li><strong class="text-white">技术演进：</strong>软硬件一体化，硬件支持直流计量、双芯设计；软件承载边缘计算能力，实现<strong class="text-cyan-400">功能模块化</strong>。</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
</section>
|
||
|
||
<section class="glass-card p-6 md:p-8 grid-item grid-item-span-5">
|
||
<h3 class="text-2xl font-bold text-red-400 mb-4 fui-title">风险与挑战</h3>
|
||
<ul class="space-y-3 text-red-200">
|
||
<li class="flex items-start">
|
||
<svg class="w-5 h-5 mr-2 flex-shrink-0 text-red-400" fill="none" stroke="currentColor" viewBox="0 0 24 24"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M12 9v2m0 4h.01m-6.938 4h13.856c1.54 0 2.502-1.667 1.732-3L13.732 4c-.77-1.333-2.694-1.333-3.464 0L3.34 16c-.77 1.333.192 3 1.732 3z"></path></svg>
|
||
<span><strong class="text-white">海外地缘政治风险 (最大不确定性):</strong> 欧美贸易壁垒、关税政策、数据安全审查可能对业务造成冲击，印度市场是前车之鉴。</span>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<svg class="w-5 h-5 mr-2 flex-shrink-0 text-red-400" fill="none" stroke="currentColor" viewBox="0 0 24 24"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M12 9v2m0 4h.01m-6.938 4h13.856c1.54 0 2.502-1.667 1.732-3L13.732 4c-.77-1.333-2.694-1.333-3.464 0L3.34 16c-.77 1.333.192 3 1.732 3z"></path></svg>
|
||
<span><strong class="text-white">商业化风险:</strong> 海外市场价格内卷（如巴西“5分钟竞价”），以及国内市场未来可能重开降价通道。</span>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<svg class="w-5 h-5 mr-2 flex-shrink-0 text-red-400" fill="none" stroke="currentColor" viewBox="0 0 24 24"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M12 9v2m0 4h.01m-6.938 4h13.856c1.54 0 2.502-1.667 1.732-3L13.732 4c-.77-1.333-2.694-1.333-3.464 0L3.34 16c-.77 1.333.192 3 1.732 3z"></path></svg>
|
||
<span><strong class="text-white">国内招标不及预期:</strong> 电网投资受宏观经济影响，若后续放缓，招标量存在风险。竞争格局分散化可能侵蚀龙头份额。</span>
|
||
</li>
|
||
<li class="flex items-start">
|
||
<svg class="w-5 h-5 mr-2 flex-shrink-0 text-red-400" fill="none" stroke="currentColor" viewBox="0 0 24 24"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M12 9v2m0 4h.01m-6.938 4h13.856c1.54 0 2.502-1.667 1.732-3L13.732 4c-.77-1.333-2.694-1.333-3.464 0L3.34 16c-.77 1.333.192 3 1.732 3z"></path></svg>
|
||
<span><strong class="text-white">信息交叉验证风险:</strong> 欧洲市场需求高增与对华出口数据下滑存在矛盾，需审慎解读。</span>
|
||
</li>
|
||
</ul>
|
||
</section>
|
||
|
||
<!-- Company Analysis -->
|
||
<section class="glass-card p-6 md:p-8 grid-item grid-item-span-12">
|
||
<h3 class="text-2xl font-bold text-cyan-300 mb-4 fui-title">核心公司深度剖析</h3>
|
||
<div class="grid grid-cols-1 lg:grid-cols-2 gap-6">
|
||
<div class="space-y-4">
|
||
<h4 class="font-semibold text-xl text-white">领导者梯队</h4>
|
||
<div class="bg-slate-900/30 p-4 rounded-xl border-l-4 border-cyan-400">
|
||
<h5 class="font-bold">三星医疗 (601567)</h5>
|
||
<p class="text-sm mt-1">综合实力最强的龙头。国内市占率领先，技术储备深厚，海外扩张激进，近期在美国市场取得标志性突破。</p>
|
||
</div>
|
||
<div class="bg-slate-900/30 p-4 rounded-xl border-l-4 border-cyan-400">
|
||
<h5 class="font-bold">海兴电力 (603556)</h5>
|
||
<p class="text-sm mt-1">最纯粹的“出海”标的。海外收入占比近70%，在亚非拉市场通过建厂实现深度本地化，壁垒较高，最受益于海外高增长。</p>
|
||
</div>
|
||
<div class="bg-slate-900/30 p-4 rounded-xl border-l-4 border-cyan-400">
|
||
<h5 class="font-bold">许继电气 (000400) / 国电南瑞 (600406)</h5>
|
||
<p class="text-sm mt-1">“国家队”代表。与电网关系深厚，在国内招标中份额稳定且位居前列，是国内市场基本盘最稳固的玩家。</p>
|
||
</div>
|
||
</div>
|
||
<div class="space-y-4">
|
||
<h4 class="font-semibold text-xl text-white">特色追赶者</h4>
|
||
<div class="bg-slate-900/30 p-4 rounded-xl border-l-4 border-fuchsia-400">
|
||
<h5 class="font-bold">炬华科技 (300360)</h5>
|
||
<p class="text-sm mt-1">国内新周期最受益者，业务纯粹。在虚拟电厂、微电网等新应用场景有实际落地案例，卡位“数据价值变现”未来方向，想象空间大。</p>
|
||
</div>
|
||
<div class="bg-slate-900/30 p-4 rounded-xl border-l-4 border-fuchsia-400">
|
||
<h5 class="font-bold">威胜信息 (688100)</h5>
|
||
<p class="text-sm mt-1">技术驱动型全球化布局典范。技术实力雄厚，海外布局巧妙（如通过匈牙利工厂合作进入欧洲），在非洲亦有布局。</p>
|
||
</div>
|
||
<div class="bg-slate-900/30 p-4 rounded-xl border-l-4 border-fuchsia-400">
|
||
<h5 class="font-bold">深圳开发 (000021)</h5>
|
||
<p class="text-sm mt-1">欧洲市场的“隐形冠军”。通过为兰吉尔等国际巨头代工的模式深度绑定西欧市场，盈利能力较好。</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</section>
|
||
|
||
<!-- Stock Tables -->
|
||
<section class="grid-item grid-item-span-12 mt-8">
|
||
<h3 class="text-3xl font-bold text-center text-cyan-300 mb-6 fui-title">相关概念股票池</h3>
|
||
|
||
<!-- Table 1: Rise Analysis -->
|
||
<div class="glass-card p-6 md:p-8 mb-8">
|
||
<h4 class="text-xl font-bold text-white mb-4">近期异动分析</h4>
|
||
<div class="overflow-x-auto">
|
||
<table class="table w-full">
|
||
<thead>
|
||
<tr>
|
||
<th>股票名称</th>
|
||
<th>股票代码</th>
|
||
<th>异动日期</th>
|
||
<th>涨跌幅</th>
|
||
<th class="w-2/3">核心驱动逻辑</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<tr><td>三星医疗</td><td><a href="https://valuefrontier.cn/company?scode=601567" target="_blank" class="link link-primary">601567</a></td><td>2025-11-05</td><td class="text-error font-bold">+9.99%</td><td class="text-xs whitespace-pre-line">披露调研纪要，大幅上调全年净利指引，叠加海外订单高增、康复医院利润翻番预期，形成“业绩+估值”双升。</td></tr>
|
||
<tr><td>海兴电力</td><td><a href="https://valuefrontier.cn/company?scode=603556" target="_blank" class="link link-primary">603556</a></td><td>2025-10-28</td><td class="text-error font-bold">+9.99%</td><td class="text-xs whitespace-pre-line">财政部将智能电表出口退税率由10%提至13%，公司超60%收入来自海外，利润一次性增厚约15%，成最直接受益标的。</td></tr>
|
||
<tr><td>新联电子</td><td><a href="https://valuefrontier.cn/company?scode=002546" target="_blank" class="link link-primary">002546</a></td><td>2025-07-10</td><td class="text-error font-bold">+9.93%</td><td class="text-xs whitespace-pre-line">大幅上修半年度业绩预告，净利增速由50-80%调高至180-220%，形成业绩断层，主因高毛利配电自动化业务中标份额提升。</td></tr>
|
||
<tr><td>炬华科技</td><td><a href="https://valuefrontier.cn/company?scode=300360" target="_blank" class="link link-primary">300360</a></td><td>2025-11-11</td><td class="text-error font-bold">+19.99%</td><td class="text-xs whitespace-pre-line">两部委发文首次量化补贴虚拟电厂/微电网，公司拥有“平台+落地案例+计量入口”完整链条，被资金认定为政策映射第一标的。</td></tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- Table 2: Core Companies -->
|
||
<div class="glass-card p-6 md:p-8 mb-8">
|
||
<h4 class="text-xl font-bold text-white mb-4">智能电表核心企业</h4>
|
||
<div class="overflow-x-auto">
|
||
<table class="table w-full">
|
||
<thead><tr><th>股票名称</th><th>股票代码</th><th>核心业务/逻辑</th><th>招投标(条)</th></tr></thead>
|
||
<tbody>
|
||
<tr><td>许继电气</td><td><a href="https://valuefrontier.cn/company?scode=000400" target="_blank" class="link link-primary">000400</a></td><td>中国电力装备行业领先企业，为清洁能源生产、传输、配送提供全面支撑。</td><td>7912</td></tr>
|
||
<tr><td>林洋能源</td><td><a href="https://valuefrontier.cn/company?scode=601222" target="_blank" class="link link-primary">601222</a></td><td>紧抓电网数字化转型机遇，积极推进智能配用电新产品，扩大海外市场份额。</td><td>599</td></tr>
|
||
<tr><td>科陆电子</td><td><a href="https://valuefrontier.cn/company?scode=002121" target="_blank" class="link link-primary">002121</a></td><td>推进智能电网业务整合，聚焦核心产品，探索海外本地化、规模化发展模式。</td><td>1867</td></tr>
|
||
<tr><td>新天科技</td><td><a href="https://valuefrontier.cn/company?scode=300259" target="_blank" class="link link-primary">300259</a></td><td>深耕物联网智能表、智慧水务、智慧燃气等业务。</td><td>1556</td></tr>
|
||
<tr><td>迦南智能</td><td><a href="https://valuefrontier.cn/company?scode=300880" target="_blank" class="link link-primary">300880</a></td><td>紧跟新型电力系统建设，完善新一代智能电表及终端产品开发、认证。</td><td>168</td></tr>
|
||
<tr><td>万胜智能</td><td><a href="https://valuefrontier.cn/company?scode=300882" target="_blank" class="link link-primary">300882</a></td><td>以智慧计量、物联、配网、能源为基础，构建数字经济与新能源双产业。</td><td>254</td></tr>
|
||
<tr><td>煜邦电力</td><td><a href="https://valuefrontier.cn/company?scode=688597" target="_blank" class="link link-primary">688597</a></td><td>以持续技术创新为动力，以市场有效需求引领技术研发方向。</td><td>1013</td></tr>
|
||
<tr><td>西力科技</td><td><a href="https://valuefrontier.cn/company?scode=688616" target="_blank" class="link link-primary">688616</a></td><td>持续抓好电表和采集系统终端产品的市场开拓、研发、履约服务等工作。</td><td>220</td></tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- Table 3: Upstream Companies -->
|
||
<div class="glass-card p-6 md:p-8">
|
||
<h4 class="text-xl font-bold text-white mb-4">产业链上游核心企业</h4>
|
||
<div class="overflow-x-auto">
|
||
<table class="table w-full">
|
||
<thead><tr><th>股票名称</th><th>股票代码</th><th>产业链环节</th><th>核心逻辑</th><th>关联度</th></tr></thead>
|
||
<tbody>
|
||
<tr><td>复旦微电</td><td><a href="https://valuefrontier.cn/company?scode=688385" target="_blank" class="link link-primary">688385</a></td><td class="font-semibold text-amber-300">智能电表芯片</td><td>国内从事超大规模集成电路的设计、开发、生产和系统解决方案的专业公司。</td><td class="font-bold text-amber-300">★★★★★</td></tr>
|
||
<tr><td>东软载波</td><td><a href="https://valuefrontier.cn/company?scode=300183" target="_blank" class="link link-primary">300183</a></td><td class="font-semibold text-amber-300">智能电表芯片</td><td>电力线通信芯片已在中亚、东南亚、非洲和南美等地区进行大面积推广应用。</td><td class="font-bold text-amber-300">★★★★★</td></tr>
|
||
<tr><td>钜泉科技</td><td><a href="https://valuefrontier.cn/company?scode=688391" target="_blank" class="link link-primary">688391</a></td><td class="font-semibold text-amber-300">智能电表芯片</td><td>致力于智能电网终端设备芯片的研发、设计和销售。</td><td class="font-bold text-amber-300">★★★★☆</td></tr>
|
||
<tr><td>力合微</td><td><a href="https://valuefrontier.cn/company?scode=688589" target="_blank" class="link link-primary">688589</a></td><td class="font-semibold text-amber-300">智能电表芯片</td><td>市场领先的物联网通信芯片设计企业，专注于电力线通信(PLC)技术和芯片。</td><td class="font-bold text-amber-300">★★★★☆</td></tr>
|
||
<tr><td>宏发股份</td><td><a href="https://valuefrontier.cn/company?scode=600885" target="_blank" class="link link-primary">600885</a></td><td class="font-semibold text-yellow-300">继电器</td><td>全球继电器行业领军者，新国标升级的核心受益环节。</td><td class="font-bold text-yellow-300">★★★★★</td></tr>
|
||
<tr><td>三友联众</td><td><a href="https://valuefrontier.cn/company?scode=300932" target="_blank" class="link link-primary">300932</a></td><td class="font-semibold text-yellow-300">继电器</td><td>专业的集继电器研发、制造、销售为一体的高新技术企业。</td><td class="font-bold text-yellow-300">★★★☆☆</td></tr>
|
||
<tr><td>安洁科技</td><td><a href="https://valuefrontier.cn/company?scode=002635" target="_blank" class="link link-primary">002635</a></td><td class="font-semibold text-green-300">结构件</td><td>全球消费电子行业内外部功能性器件的重要供应商。</td><td class="font-bold text-green-300">★★☆☆☆</td></tr>
|
||
<tr><td>科森科技</td><td><a href="https://valuefrontier.cn/company?scode=603626" target="_blank" class="link link-primary">603626</a></td><td class="font-semibold text-green-300">结构件</td><td>专业从事精密结构件研发、制造与服务的高新技术企业。</td><td class="font-bold text-green-300">★★☆☆☆</td></tr>
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</div>
|
||
|
||
</section>
|
||
</main>
|
||
</div>
|
||
|
||
<script>
|
||
document.addEventListener('DOMContentLoaded', function () {
|
||
const chartTheme = {
|
||
backgroundColor: 'transparent',
|
||
textStyle: {
|
||
color: '#c0c0c0'
|
||
},
|
||
tooltip: {
|
||
backgroundColor: 'rgba(0, 0, 0, 0.7)',
|
||
borderColor: '#333',
|
||
textStyle: {
|
||
color: '#fff'
|
||
}
|
||
},
|
||
legend: {
|
||
textStyle: {
|
||
color: '#c0c0c0'
|
||
}
|
||
},
|
||
title: {
|
||
textStyle: {
|
||
color: '#00d1ff'
|
||
}
|
||
}
|
||
};
|
||
|
||
echarts.registerTheme('dark_sci_fi', chartTheme);
|
||
|
||
// Global Market Chart
|
||
var globalChart = echarts.init(document.getElementById('global-market-chart'), 'dark_sci_fi');
|
||
globalChart.setOption({
|
||
title: { text: '全球智能电表市场规模 (亿元)' },
|
||
tooltip: { trigger: 'axis' },
|
||
xAxis: { type: 'category', data: ['2022', '2024', '2026', '2028', '2030', '2032'] },
|
||
yAxis: { type: 'value', axisLabel: { formatter: '{value}' } },
|
||
series: [{
|
||
data: [1932, 2296, 2728, 3241, 3851, 4637],
|
||
type: 'line',
|
||
smooth: true,
|
||
areaStyle: {
|
||
color: new echarts.graphic.LinearGradient(0, 0, 0, 1, [{
|
||
offset: 0, color: 'rgba(0, 209, 255, 0.5)'
|
||
}, {
|
||
offset: 1, color: 'rgba(0, 209, 255, 0)'
|
||
}])
|
||
},
|
||
lineStyle: { color: '#00d1ff' },
|
||
itemStyle: { color: '#00d1ff' }
|
||
}]
|
||
});
|
||
|
||
// Domestic Price Chart
|
||
var domesticChart = echarts.init(document.getElementById('domestic-price-chart'), 'dark_sci_fi');
|
||
domesticChart.setOption({
|
||
title: { text: '国网A级单相表价格变化 (元/只)' },
|
||
tooltip: { trigger: 'axis' },
|
||
xAxis: { type: 'category', data: ['2024年初', '2025Q2 (降价)', '2025Q3 (新标)'] },
|
||
yAxis: { type: 'value', min: 120 },
|
||
series: [{
|
||
data: [200, 135, 213],
|
||
type: 'line',
|
||
markPoint: {
|
||
data: [
|
||
{ name: '降价谷底', coord: [1, 135], value: 135 },
|
||
{ name: '新标反弹', coord: [2, 213], value: 213, itemStyle: { color: '#ff00ff' } }
|
||
]
|
||
},
|
||
lineStyle: { color: '#ff00ff' },
|
||
itemStyle: { color: '#ff00ff' }
|
||
}]
|
||
});
|
||
|
||
// Overseas Export Chart
|
||
var overseasChart = echarts.init(document.getElementById('overseas-export-chart'), 'dark_sci_fi');
|
||
overseasChart.setOption({
|
||
title: { text: '2024年1-10月对华出口额分布 (亿元)' },
|
||
tooltip: { trigger: 'item' },
|
||
legend: { top: 'bottom', textStyle: { color: '#e0e0e0' } },
|
||
series: [{
|
||
name: '出口额 (亿元)',
|
||
type: 'pie',
|
||
radius: ['40%', '70%'],
|
||
avoidLabelOverlap: false,
|
||
label: { show: false, position: 'center' },
|
||
emphasis: {
|
||
label: { show: true, fontSize: 20, fontWeight: 'bold' }
|
||
},
|
||
labelLine: { show: false },
|
||
data: [
|
||
{ value: 32.93, name: '亚洲 (+26%)' },
|
||
{ value: 25.46, name: '非洲 (+33%)' },
|
||
{ value: 27.18, name: '欧洲 (-10%)' },
|
||
{ value: 4.70, name: '美洲 (-16%)' }
|
||
]
|
||
}]
|
||
});
|
||
|
||
window.addEventListener('resize', function() {
|
||
globalChart.resize();
|
||
domesticChart.resize();
|
||
overseasChart.resize();
|
||
});
|
||
});
|
||
</script>
|
||
</body>
|
||
</html> |