670 lines
46 KiB
HTML
670 lines
46 KiB
HTML
<!DOCTYPE html>
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<html lang="zh-CN" data-theme="night">
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<head>
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<meta name="viewport" content="width=device-width, initial-scale=1.0">
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<title>深度研报：海外港口 - 战略价值重估</title>
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:root {
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--glow-color-1: rgba(0, 255, 255, 0.6);
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html, body {
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</head>
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<body class="min-h-screen antialiased text-base leading-relaxed">
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<div class="max-w-7xl mx-auto px-4 sm:px-6 lg:px-8 py-12 md:py-20">
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<header class="text-center mb-20">
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<h1 class="fui-title text-5xl md:text-7xl font-bold tracking-wider mb-4">
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海外港口
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</h1>
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<p class="text-xl md:text-2xl text-cyan-300 font-light tracking-widest mb-6">
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STRATEGIC VALUE REASSESSMENT
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</p>
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<p class="text-sm text-gray-500 max-w-4xl mx-auto">
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北京价值前沿科技有限公司 AI投研agent：“价小前投研” 呈现 <br> 本报告基于公开数据AI合成，观点仅供参考，投资需谨慎。
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</p>
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</header>
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<main class="space-y-24">
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<!-- Section: Insight -->
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<section id="insight">
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<h2 class="fui-title text-4xl font-bold mb-12 text-center">概念深度解析 (Insight)</h2>
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<!-- Bento Grid: Concept Event & Timeline -->
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<div class="bento-grid mb-16">
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<div class="bento-item lg:bento-item-span-8 glass-card p-8">
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<h3 class="text-2xl font-bold mb-4 text-cyan-300">概念引爆：地缘与商业事件交织</h3>
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<p class="text-gray-400 mb-6">“海外港口”概念的引爆点源于一系列地缘政治与商业事件的交织，其核心是全球关键物流节点的战略价值重估，长和出售案是关键催化剂。</p>
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<div class="space-y-4">
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<div>
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<h4 class="font-semibold text-lg">核心催化: 长江和记出售全球港口资产</h4>
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<p class="text-sm text-gray-400">长和集团拟以高达 <strong class="text-white">228.1亿美元</strong> 的价格出售其全球港口网络，其中包括战略意义极高的巴拿马运河两端港口。此举引发市场对关键资产控制权旁落的担忧，中国官方强调“港口资产事关国家利益”，并依法审查，交易面临巨大不确定性。</p>
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</div>
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<div>
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<h4 class="font-semibold text-lg">背景放大器: 地缘政治与贸易摩擦</h4>
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<p class="text-sm text-gray-400">红海危机、美国对华航运政策（拟对中国制造船只征收高额费用）、全球多地港口罢工/冲突事件，共同凸显了全球港口运营的脆弱性及关键节点的重要性。</p>
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</div>
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<div>
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<h4 class="font-semibold text-lg">中国企业动态: 加速全球布局</h4>
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<p class="text-sm text-gray-400">招商港口等中资企业持续深化全球布局，如收购印尼雅加达港、巴西原油码头股权，与长和的“收缩”形成鲜明对比。</p>
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</div>
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</div>
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</div>
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<div class="bento-item lg:bento-item-span-4 glass-card p-8">
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<h3 class="text-2xl font-bold mb-4 text-cyan-300">关键时间轴</h3>
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<div class="timeline">
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<div class="timeline-item pb-6">
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<h4 class="font-semibold text-white">2023.12 - 至今</h4>
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<p class="text-sm text-gray-400">红海危机爆发，部分海外中转港（如吉布提、斯里兰卡）业务量激增。</p>
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</div>
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<div class="timeline-item pb-6">
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<h4 class="font-semibold text-white">2024.03.04</h4>
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<p class="text-sm text-gray-400">长和宣布出售港口资产计划，引爆市场，概念形成。</p>
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</div>
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<div class="timeline-item pb-6">
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<h4 class="font-semibold text-white">2024.06.28</h4>
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<p class="text-sm text-gray-400">招商港口完成印尼NPH项目交割，深化东南亚布局。</p>
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</div>
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<div class="timeline-item pb-6">
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<h4 class="font-semibold text-white">2025.02.27</h4>
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<p class="text-sm text-gray-400">美国USTR提议对中国制造船只收费，增加全球航运政策不确定性。</p>
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</div>
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<div class="timeline-item">
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<h4 class="font-semibold text-white">2025.10.01 (预期)</h4>
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<p class="text-sm text-gray-400">美东港口工人罢工风险，或引发全球货运转移。</p>
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</div>
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</div>
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</div>
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</div>
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<!-- Section: Core Logic -->
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<div class="glass-card p-8 mb-16">
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<h3 class="text-3xl font-bold mb-8 text-center text-fuchsia-300">核心逻辑: 从现金流奶牛到战略“咽喉”</h3>
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<div class="grid md:grid-cols-3 gap-8">
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<div class="border border-fuchsia-500/20 p-6 rounded-2xl bg-fuchsia-500/5">
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<h4 class="text-xl font-bold mb-2">1. 地缘政治驱动的国家安全价值</h4>
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<p class="text-gray-400">长和出售案将港口从单纯的商业项目提升至事关国家贸易、能源、供应链安全的战略高度。中资控股的海外港口，其在极端情况下的“期权价值”被市场重估，这种价值无法用传统DCF模型衡量。</p>
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</div>
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<div class="border border-cyan-500/20 p-6 rounded-2xl bg-cyan-500/5">
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<h4 class="text-xl font-bold mb-2">2. 全球供应链重构下的网络价值</h4>
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<p class="text-gray-400">地缘冲突与贸易摩擦加速全球贸易路线多元化。拥有全球化、网络化布局的港口运营商能有效对冲单一区域风险，并捕捉因航线转移带来的增量业务。这种网络效应和抗风险能力是核心价值体现。</p>
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</div>
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<div class="border border-green-500/20 p-6 rounded-2xl bg-green-500/5">
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<h4 class="text-xl font-bold mb-2">3. 卓越的盈利能力提供支撑</h4>
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<p class="text-gray-400">以招商港口为例，其海外业务毛利率高达 <strong class="text-white">55.8%</strong>，远超国内的 <strong class="text-white">34%</strong>。高盈利性为战略价值提供了坚实的商业基本面，证明海外布局不仅是战略正确，更是商业成功。</p>
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</div>
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</div>
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</div>
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<!-- Chart -->
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<div class="glass-card p-8 mb-16">
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<h3 class="text-2xl font-bold mb-4 text-center text-green-300">盈利能力对比：海外 VS 国内 (招商港口)</h3>
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<div id="profitability-chart" style="width: 100%; height: 400px;"></div>
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</div>
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<!-- Section: Expectation Gap -->
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<div class="glass-card p-8 mb-16">
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<h3 class="text-3xl font-bold mb-8 text-center text-yellow-300">预期差分析：市场认知与现实</h3>
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<div class="grid md:grid-cols-2 gap-8">
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<div class="border border-yellow-500/20 p-6 rounded-2xl bg-yellow-500/5">
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<h4 class="text-xl font-bold mb-2">误区一：“所有海外港口都受益”</h4>
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<p class="text-gray-400 mb-4">市场普遍认为地缘事件对所有海外港口都是普适性利好，但现实并非如此。地缘政治是“双刃剑”，具体影响取决于港口在航线网络中的定位。</p>
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<div class="flex space-x-4">
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<div class="flex-1 p-4 bg-green-900/50 rounded-lg">
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<p class="font-bold text-green-300">受益方</p>
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<p>招商港口旗下吉布提港 (替代航线节点)</p>
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<p class="text-2xl font-bold text-white">吞吐量 +77% (H1'24)</p>
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</div>
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<div class="flex-1 p-4 bg-red-900/50 rounded-lg">
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<p class="font-bold text-red-300">受损方</p>
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<p>中远海运港口旗下希腊比雷埃夫斯港 (原航线业务转移)</p>
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<p class="text-2xl font-bold text-white">吞吐量 -10% (同期)</p>
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</div>
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</div>
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</div>
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<div class="border border-blue-500/20 p-6 rounded-2xl bg-blue-500/5">
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<h4 class="text-xl font-bold mb-2">误区二：对央企收购长和资产的过度期待</h4>
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<p class="text-gray-400">市场对中远、招商局入局充满想象。但 <strong class="text-white">228亿美元</strong> 的交易体量远超相关上市公司市值，由上市公司层面直接参与可能性较低。市场热情可能高估了短期外延并购的可能性。</p>
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</div>
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<div class="md:col-span-2 border border-purple-500/20 p-6 rounded-2xl bg-purple-500/5">
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<h4 class="text-xl font-bold mb-2">误区三：忽略“软实力”——运营与增值服务</h4>
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<p class="text-gray-400">市场关注点多在港口“位置”的战略性，但可能忽略了 <strong class="text-white">“前港-中区-后城”</strong> 模式的价值。招商港口在吉布提自贸区的成功运营，证明其价值创造能力已从单纯的装卸延伸至产业园运营和城市开发，这是区别于一般运营商的“护城河”，市场对此估值可能不充分。</p>
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</div>
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</div>
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</div>
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<!-- Section: Catalysts & Path -->
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<div class="bento-grid mb-16">
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<div class="bento-item lg:bento-item-span-6 glass-card p-8">
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<h3 class="text-2xl font-bold mb-4 text-cyan-300">未来催化剂</h3>
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<div class="space-y-4">
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<div>
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<h4 class="font-semibold text-lg">近期催化剂 (3-6个月)</h4>
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<ul class="list-disc list-inside text-gray-400 space-y-1 mt-2">
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<li><strong class="text-white">长和港口出售案最终结果：</strong>为行业资产给出市场定价，或引发新一轮整合。</li>
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<li><strong class="text-white">美国港口相关政策落地：</strong>对中国船只收费若通过，将凸显非美联盟控制港口的价值。</li>
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<li><strong class="text-white">美东港口罢工事件发酵：</strong>若发生，将考验全球网络化运营商的货量承接能力。</li>
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</ul>
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</div>
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</div>
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</div>
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<div class="bento-item lg:bento-item-span-6 glass-card p-8">
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<h3 class="text-2xl font-bold mb-4 text-fuchsia-300">长期发展路径</h3>
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<ol class="space-y-3">
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<li class="flex items-start">
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<span class="text-fuchsia-300 font-bold text-2xl mr-4">1</span>
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<div>
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<h4 class="font-semibold text-lg">战略价值发现与重估 (当前)</h4>
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<p class="text-sm text-gray-400">由地缘政治事件驱动，市场认识到海外港口的国家安全属性，龙头公司迎来估值修复。</p>
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</div>
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</li>
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<li class="flex items-start">
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<span class="text-fuchsia-300 font-bold text-2xl mr-4">2</span>
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<div>
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<h4 class="font-semibold text-lg">网络效应与差异化显现</h4>
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<p class="text-sm text-gray-400">拥有网络化、跨区域布局的运营商将展现更强业绩弹性和稳定性，差距拉大。</p>
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</div>
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</li>
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<li class="flex items-start">
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<span class="text-fuchsia-300 font-bold text-2xl mr-4">3</span>
|
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<div>
|
||
<h4 class="font-semibold text-lg">“港口+”模式的价值创造</h4>
|
||
<p class="text-sm text-gray-400">“前港-中区-后城”模式成功复制，从港口运营商进化为综合供应链基础设施服务商。</p>
|
||
</div>
|
||
</li>
|
||
</ol>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- Section: Industry Chain & Companies -->
|
||
<div class="glass-card p-8 mb-16" x-data="{ tab: 'cmport' }">
|
||
<h3 class="text-3xl font-bold mb-8 text-center">产业链与核心公司深度剖析</h3>
|
||
|
||
<!-- Industry Chain Visual -->
|
||
<div class="flex items-center justify-center space-x-2 md:space-x-8 text-center mb-12">
|
||
<div class="p-4 rounded-lg border border-cyan-500/20 w-1/3">
|
||
<h4 class="font-bold text-cyan-300">上游</h4>
|
||
<p class="text-sm text-gray-400">港口建设与设备<br>(如: 中国交建)</p>
|
||
</div>
|
||
<svg xmlns="http://www.w3.org/2000/svg" class="h-6 w-6 text-cyan-300" fill="none" viewBox="0 0 24 24" stroke="currentColor"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M17 8l4 4m0 0l-4 4m4-4H3" /></svg>
|
||
<div class="p-4 rounded-lg border-2 border-accent shadow-lg shadow-accent/20 w-1/3">
|
||
<h4 class="font-bold text-accent">中游</h4>
|
||
<p class="text-sm text-gray-400">港口运营 (核心)<br>(如: 招商港口, 中远海运港口)</p>
|
||
</div>
|
||
<svg xmlns="http://www.w3.org/2000/svg" class="h-6 w-6 text-cyan-300" fill="none" viewBox="0 0 24 24" stroke="currentColor"><path stroke-linecap="round" stroke-linejoin="round" stroke-width="2" d="M17 8l4 4m0 0l-4 4m4-4H3" /></svg>
|
||
<div class="p-4 rounded-lg border border-cyan-500/20 w-1/3">
|
||
<h4 class="font-bold text-cyan-300">下游</h4>
|
||
<p class="text-sm text-gray-400">港口使用者<br>(如: 中远海控等航运公司)</p>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- Company Comparison Tabs -->
|
||
<div role="tablist" class="tabs tabs-bordered mb-6">
|
||
<a role="tab" class="tab" :class="{'tab-active': tab === 'cmport'}" @click="tab = 'cmport'">招商港口 (001872)</a>
|
||
<a role="tab" class="tab" :class="{'tab-active': tab === 'cosco'}" @click="tab = 'cosco'">中远海运港口 (hk01199)</a>
|
||
<a role="tab" class="tab" :class="{'tab-active': tab === 'others'}" @click="tab = 'others'">其他战略卡位者</a>
|
||
</div>
|
||
|
||
<div x-show="tab === 'cmport'" x-transition>
|
||
<div class="p-6 bg-base-100/5 rounded-lg">
|
||
<h4 class="text-xl font-bold text-accent mb-2">领导者 & 逻辑最纯粹者</h4>
|
||
<div class="grid md:grid-cols-2 gap-6">
|
||
<div>
|
||
<h5 class="font-semibold text-white">竞争优势:</h5>
|
||
<ul class="list-disc list-inside text-gray-400 space-y-1 mt-1">
|
||
<li><strong>网络最广、质地最优:</strong> 全球6大洲25国50个港口，多个为控股型主控码头。</li>
|
||
<li><strong>盈利能力最强:</strong> 海外业务毛利率高达55.8%，自我造血能力强。</li>
|
||
<li><strong>战略最清晰:</strong> “前港-中区-后城”模式已在吉布提成功验证，具备可复制性。</li>
|
||
<li><strong>当前事件最大受益者:</strong> 在斯里兰卡和吉布提的布局完美承接红海危机转移货量。</li>
|
||
</ul>
|
||
</div>
|
||
<div>
|
||
<h5 class="font-semibold text-white">潜在风险:</h5>
|
||
<p class="text-gray-400 mt-1">海外收入占比较高，面临更大的地缘政治和汇率风险。</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div x-show="tab === 'cosco'" x-transition>
|
||
<div class="p-6 bg-base-100/5 rounded-lg">
|
||
<h4 class="text-xl font-bold text-cyan-300 mb-2">主要追赶者</h4>
|
||
<div class="grid md:grid-cols-2 gap-6">
|
||
<div>
|
||
<h5 class="font-semibold text-white">竞争优势:</h5>
|
||
<ul class="list-disc list-inside text-gray-400 space-y-1 mt-1">
|
||
<li><strong>船货协同:</strong> 背靠中远海运集团，在货源上有天然协同优势。</li>
|
||
<li><strong>欧洲布局深厚:</strong> 核心资产希腊比雷埃夫斯港是地中海枢纽。</li>
|
||
</ul>
|
||
</div>
|
||
<div>
|
||
<h5 class="font-semibold text-white">业务进展与风险:</h5>
|
||
<p class="text-gray-400 mt-1">当前受红海危机负面影响（比港业务下滑），显示其资产布局对特定航线的依赖度较高，抗风险韧性稍弱。收购风格更为稳健（ROIC要求8-10%）。</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<div x-show="tab === 'others'" x-transition>
|
||
<div class="p-6 bg-base-100/5 rounded-lg">
|
||
<h4 class="text-xl font-bold text-fuchsia-300 mb-2">战略卡位者 (上港集团、北部湾港等)</h4>
|
||
<p class="text-gray-400 mt-1">特点在于海外业务占比较低（如上港集团仅1.3%），但其投资的港口（如以色列海法港、马来西亚关丹港）均位于“一带一路”关键节点，战略意义大于当期财务贡献。股价弹性可能更多来自于主题催化而非基本面驱动。</p>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
|
||
<!-- Section: Conclusion & Risks -->
|
||
<div class="bento-grid">
|
||
<div class="bento-item lg:bento-item-span-7 glass-card p-8">
|
||
<h3 class="text-2xl font-bold mb-4 text-green-300">综合结论与投资启示</h3>
|
||
<p class="text-gray-400 mb-4">海外港口概念已超越纯粹的主题炒作，进入由<strong class="text-white">战略价值驱动、并有强劲基本面支撑</strong>的新阶段。长和事件是“点火器”，全球供应链重构和中国企业多年深耕的海外高利润业务是“燃料”。市场尚处于“认知苏醒”初期，对内部结构性分化的理解不足，为深度研究者提供了机会。</p>
|
||
<h4 class="font-semibold text-lg text-white mb-2">最具投资价值的方向:</h4>
|
||
<ul class="list-disc list-inside text-gray-400 space-y-1">
|
||
<li><strong class="text-green-300">核心方向：</strong>拥有全球化网络、控股型主导、高盈利能力、且战略布局与当前地缘趋势契合的港口运营商（<strong class="text-white">招商港口</strong>是当前逻辑最顺的标的）。</li>
|
||
<li><strong class="text-green-300">增值方向：</strong>能够成功实践并复制“前港-中区-后城”模式，实现价值链延伸的企业。</li>
|
||
</ul>
|
||
</div>
|
||
<div class="bento-item lg:bento-item-span-5 glass-card p-8">
|
||
<h3 class="text-2xl font-bold mb-4 text-red-300">潜在风险与挑战</h3>
|
||
<ul class="space-y-2 text-gray-400">
|
||
<li class="flex items-start"><span class="text-red-400 mr-2">●</span><div><strong class="text-white">地缘政治风险 (最高):</strong> 所在国政策变动、政权更迭、国际制裁等都可能对资产安全造成颠覆性影响。</div></li>
|
||
<li class="flex items-start"><span class="text-red-400 mr-2">●</span><div><strong class="text-white">商业化风险:</strong> 全球宏观经济下行将影响贸易量；“港口+”模式的复制存在不确定性。</div></li>
|
||
<li class="flex items-start"><span class="text-red-400 mr-2">●</span><div><strong class="text-white">政策与竞争风险:</strong> 部分国家可能出台更多贸易壁垒政策；全球港口运营商竞争激烈。</div></li>
|
||
<li class="flex items-start"><span class="text-red-400 mr-2">●</span><div><strong class="text-white">信息交叉验证风险:</strong> 早期新闻中关于长和交易金额、进展的报道存在矛盾，需警惕变数。</div></li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
</section>
|
||
|
||
<!-- Section: Supporting Data (Accordions) -->
|
||
<section id="data-appendix">
|
||
<h2 class="fui-title text-4xl font-bold mb-12 text-center">附录：核心数据摘要</h2>
|
||
<div class="space-y-4">
|
||
<div class="collapse collapse-plus glass-card">
|
||
<input type="radio" name="data-accordion" checked="checked" />
|
||
<div class="collapse-title text-xl font-medium text-cyan-300">新闻数据摘要</div>
|
||
<div class="collapse-content">
|
||
<ul class="list-disc list-inside text-gray-400 space-y-2 p-4">
|
||
<li><strong>长和出售事件:</strong> 拟向BlackRock-TiL财团出售23国43个港口80%股权，交易额传闻高达228亿美元，包括巴拿马运河两端关键港口。中国官方表示将依法监管，交易暂缓。市场传闻中远、招商局或参与。</li>
|
||
<li><strong>美国港口政策:</strong> USTR提议对中国制造船只征收最高150万美元/船的费用。美东港口面临10月1日罢工风险。</li>
|
||
<li><strong>中国公司动态:</strong> 招商港口是A股唯一布局海外核心港口标的，近期收购巴西、印尼码头。中远海运港口股价上涨。</li>
|
||
<li><strong>全球港口动态:</strong> 伊朗阿巴斯港爆炸，以色列空袭也门港口，俄罗斯封锁乌克兰港口，显示全球港口安全形势严峻。</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
<div class="collapse collapse-plus glass-card">
|
||
<input type="radio" name="data-accordion" />
|
||
<div class="collapse-title text-xl font-medium text-fuchsia-300">路演数据摘要</div>
|
||
<div class="collapse-content">
|
||
<ul class="list-disc list-inside text-gray-400 space-y-2 p-4">
|
||
<li><strong>招商港口 (001872):</strong>
|
||
<ul class="list-disc list-inside ml-6">
|
||
<li><strong>布局:</strong> 覆盖六大洲25国50个港口，战略聚焦东南亚、中东、拉美。</li>
|
||
<li><strong>业绩:</strong> 海外业务毛利率高达55.8%，显著高于国内(34%)。2024上半年海外收入占比33.4%。</li>
|
||
<li><strong>红海事件影响:</strong> 斯里兰卡CICT (+8.5%)、吉布提港 (+77%)、巴西TCP (+36.6%)吞吐量大幅增长。</li>
|
||
<li><strong>收购:</strong> 24年完成印尼雅加达港码头收购，25年宣布收购巴西原油码头。</li>
|
||
</ul>
|
||
</li>
|
||
<li><strong>中远海运港口 (hk01199):</strong>
|
||
<ul class="list-disc list-inside ml-6">
|
||
<li><strong>布局:</strong> 控股及参股55个码头，核心资产为希腊比雷埃夫斯港。</li>
|
||
<li><strong>红海事件影响:</strong> 希腊比港中转业务转移，吞吐量同比下降10%。但西班牙码头受益，吞吐量+23.2%。</li>
|
||
<li><strong>战略:</strong> 收购ROIC门槛约8-10%，聚焦东南亚、中东、非洲、南美等新兴市场。</li>
|
||
</ul>
|
||
</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
<div class="collapse collapse-plus glass-card">
|
||
<input type="radio" name="data-accordion" />
|
||
<div class="collapse-title text-xl font-medium text-yellow-300">研报数据摘要</div>
|
||
<div class="collapse-content">
|
||
<ul class="list-disc list-inside text-gray-400 space-y-2 p-4">
|
||
<li><strong>招商港口全球网络:</strong> 覆盖26国51个港口，高度匹配“一带一路”倡议。</li>
|
||
<li><strong>吞吐量高增:</strong> 2024年上半年海外集装箱吞吐量1829万TEU，同比增长10.6%。吉布提港同比高增70.3%。</li>
|
||
<li><strong>财务贡献:</strong> 2024上半年海外港口业务利润6.29亿元，同比高增79.41%。</li>
|
||
<li><strong>增长驱动:</strong> 短期受益于“红海事件”，长期成长空间来自“前港-中区-后城”模式的推广（如吉布提自贸区）。</li>
|
||
<li><strong>未来预测:</strong> 预计2025年海外港口费率维持3-4%的增长。</li>
|
||
</ul>
|
||
</div>
|
||
</div>
|
||
</div>
|
||
</section>
|
||
|
||
<!-- Section: Stock List -->
|
||
<section id="stock-list">
|
||
<h2 class="fui-title text-4xl font-bold mb-12 text-center">相关概念股票池</h2>
|
||
<div class="overflow-x-auto glass-card p-4 md:p-8">
|
||
<table class="table daisy-table w-full">
|
||
<thead>
|
||
<tr>
|
||
<th>股票名称</th>
|
||
<th>股票代码</th>
|
||
<th>核心逻辑</th>
|
||
<th>标签</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<!-- Stocks will be populated here by JS -->
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</section>
|
||
|
||
<!-- Section: Rise Analysis -->
|
||
<section id="rise-analysis">
|
||
<h2 class="fui-title text-4xl font-bold mt-24 mb-12 text-center">近期相关异动分析</h2>
|
||
<div class="overflow-x-auto glass-card p-4 md:p-8">
|
||
<table class="table daisy-table w-full">
|
||
<thead>
|
||
<tr>
|
||
<th>股票名称</th>
|
||
<th>股票代码</th>
|
||
<th>异动日期</th>
|
||
<th>涨幅</th>
|
||
<th>异动解析</th>
|
||
</tr>
|
||
</thead>
|
||
<tbody>
|
||
<!-- Rise analysis will be populated here by JS -->
|
||
</tbody>
|
||
</table>
|
||
</div>
|
||
</section>
|
||
</main>
|
||
</div>
|
||
|
||
<script>
|
||
document.addEventListener('DOMContentLoaded', function () {
|
||
const stockData = {
|
||
"海外港口(250318)": {
|
||
"CB4F9620-5943-43DE-8F8C-B685ABF914A8.png": [
|
||
{ "stock": "招商港口", "reason": "在26个国家和地区投资运营51个港口，业务遍布全球6大洲，运营斯里兰卡CICT码头和汉班托塔港、吉布提港等海外主控码头。", "其他标签": "海外港口", "stock_code": "001872" },
|
||
{ "stock": "珠海港", "reason": "与中海港控65亿元共建巴基斯坦瓜达尔港。", "其他标签": "海外港口", "stock_code": "000507" },
|
||
{ "stock": "中国交建", "reason": "全球最大港口设计建设公司，参建了巴基斯坦瓜达尔港、尼日利亚莱基港等。", "其他标签": "海外港口", "stock_code": "601800" },
|
||
{ "stock": "北部湾港", "reason": "通过北控香港持有关丹港建设40%股权继而参与经营马来西亚关丹港，持有摩拉港务51%股权参与文莱摩拉港经营。", "其他标签": "海外港口", "stock_code": "000582" },
|
||
{ "stock": "上港集团", "reason": "2015年中标以色列海法新港25年码头经营权；2010年收购比利时泽布吕赫码头25%股份，2017年11月转让。", "其他标签": "海外港口", "stock_code": "600018" },
|
||
{ "stock": "恒通股份", "reason": "烟台港投资建设几内亚金波港口；公司依托烟台港龙口港区的7个生产性泊位，为企业提供船舶停泊和货物装卸服务。", "其他标签": "海外港口", "stock_code": "603223" },
|
||
{ "stock": "厦门象屿", "reason": "受益于印尼港口，在印尼新增一条SMX自有船舶，印尼内贸海运驳船业务量同比增长超80%。", "其他标签": "海外港口", "stock_code": "600057" },
|
||
{ "stock": "云南城投", "reason": "受益于缅甸皎漂港，助力皎漂港打通印度洋关键出海口，缓解外部势力对航道封锁带来的港口压力。", "其他标签": "海外港口", "stock_code": "600239" },
|
||
{ "stock": "宁波港", "reason": "参股意大利瓦多港(未证实)，和记黄埔2001年与宁波港合作，持股比例未明确披露。", "其他标签": "海外港口", "stock_code": "601018" },
|
||
{ "stock": "中远海控", "reason": "属于国际航运板块，与海外港口概念相关。", "其他标签": "国际航运", "stock_code": "601919" },
|
||
{ "stock": "中远海特", "reason": "属于国际航运板块，与海外港口概念相关。", "其他标签": "国际航运", "stock_code": "600428" },
|
||
{ "stock": "宁波远洋", "reason": "属于国际航运板块，与海外港口概念相关。", "其他标签": "国际航运", "stock_code": "601022" },
|
||
{ "stock": "国航远洋", "reason": "属于国际航运板块，与海外港口概念相关。", "其他标签": "国际航运", "stock_code": "920571" },
|
||
{ "stock": "嘉友国际", "reason": "属于国际航运板块，与海外港口概念相关。", "其他标签": "国际航运", "stock_code": "603871" },
|
||
{ "stock": "飞力达", "reason": "属于国际航运板块，与海外港口概念相关。", "其他标签": "国际航运", "stock_code": "300240" },
|
||
{ "stock": "华光源海", "reason": "属于国际航运板块，与海外港口概念相关。", "其他标签": "国际航运", "stock_code": "920351" },
|
||
{ "stock": "凤凰航运", "reason": "属于国际航运板块，与海外港口概念相关。", "其他标签": "国际航运", "stock_code": "000520" },
|
||
{ "stock": "辽港股份", "reason": "属于国际航运板块，与海外港口概念相关。", "其他标签": "国际航运", "stock_code": "601880" },
|
||
{ "stock": "中远海发", "reason": "属于国际航运板块，与海外港口概念相关。", "其他标签": "国际航运", "stock_code": "601866" },
|
||
{ "stock": "广州港", "reason": "属于国内港口板块，与海外港口概念相关。", "其他标签": "国内港口", "stock_code": "601228" },
|
||
{ "stock": "连云港", "reason": "属于国内港口板块，与海外港口概念相关。", "其他标签": "国内港口", "stock_code": "601008" },
|
||
{ "stock": "重庆港", "reason": "属于国内港口板块，与海外港口概念相关。", "其他标签": "国内港口", "stock_code": "600279" },
|
||
{ "stock": "盛航股份", "reason": "属于国内港口板块，与海外港口概念相关。", "其他标签": "国内港口", "stock_code": "001205" },
|
||
{ "stock": "厦门港务", "reason": "属于国内港口板块，与海外港口概念相关。", "其他标签": "国内港口", "stock_code": "000905" },
|
||
{ "stock": "盐田港", "reason": "属于国内港口板块，与海外港口概念相关。", "其他标签": "国内港口" },
|
||
{ "stock": "南京港", "reason": "属于国内港口板块，与海外港口概念相关。", "其他标签": "国内港口" },
|
||
{ "stock": "润邦股份", "reason": "属于国内港口板块，与海外港口概念相关。", "其他标签": "国内港口", "stock_code": "002483" },
|
||
{ "stock": "龙洲股份", "reason": "属于国内港口板块，与海外港口概念相关。", "其他标签": "国内港口", "stock_code": "002682" },
|
||
{ "stock": "保税科技", "reason": "属于国内港口板块，与海外港口概念相关。", "其他标签": "国内港口", "stock_code": "600794" }
|
||
]
|
||
},
|
||
"涨幅分析补充": {
|
||
"rise_analysis": [
|
||
{ "stock": "海通发展", "stock_code": "603162", "rise_rate": 10.03, "trade_date": "2025-10-16", "reason": "“美西航线现货运价单周+12.6%”叠加“中东港口临时封锁”引爆集运期货，资金映射至A股高弹性航运标的，海通发展因小盘+低PB+美西收入占比高被选为日内龙头涨停。" },
|
||
{ "stock": "华锡有色", "stock_code": "600301", "rise_rate": 10.01, "trade_date": "2025-08-13", "reason": "北部湾港集团拟吸收合并华锡集团，引爆市场对“港口-资源-新材料”一体化资产注入的强烈预期，驱动华锡有色涨停。" },
|
||
{ "stock": "平潭发展", "stock_code": "000592", "rise_rate": 9.94, "trade_date": "2025-08-27", "reason": "“平潭发展+厦门港务+平潭管委会”三方拟签港口资源整合协议，叠加福建对台融合新政催化，资产重估预期集中爆发。" },
|
||
{ "stock": "退市锦港", "stock_code": "600190", "rise_rate": 10.64, "trade_date": "2025-07-04", "reason": "退市整理期流动性真空叠加“港口粮食吞吐量创新高+招商局港口托管”重整预期，机构席位连续净买入导致涨停。" },
|
||
{ "stock": "南 京 港", "stock_code": "002040", "rise_rate": 9.98, "trade_date": "2025-08-12", "reason": "“长三角港口群一体化通关试点2.0”政策落地叠加“南京区域性航运物流中心国家级项目”18亿元资金到账，直接提升盈利预期与吞吐能力。" },
|
||
{ "stock": "和泰机电", "stock_code": "001225", "rise_rate": 10.0, "trade_date": "2025-07-28", "reason": "政策端“设备更新+煤炭储备运输”双催化叠加公司3.8亿元高毛利订单落地，触发基本面重估涨停。" }
|
||
]
|
||
}
|
||
};
|
||
|
||
// Populate stock list table
|
||
const stockTbody = document.querySelector('#stock-list tbody');
|
||
const stocks = stockData["海外港口(250318)"]["CB4F9620-5943-43DE-8F8C-B685ABF914A8.png"];
|
||
stocks.forEach(s => {
|
||
const code = s.stock_code || 'N/A';
|
||
const link = code !== 'N/A' ? `<a href="https://valuefrontier.cn/company?scode=${code}" target="_blank" class="text-cyan-400 hover:text-accent">${code}</a>` : 'N/A';
|
||
const row = `
|
||
<tr>
|
||
<td class="font-semibold text-white">${s.stock}</td>
|
||
<td>${link}</td>
|
||
<td>${s.reason}</td>
|
||
<td><span class="badge badge-outline" style="border-color: var(--accent); color: var(--accent);">${s['其他标签']}</span></td>
|
||
</tr>
|
||
`;
|
||
stockTbody.innerHTML += row;
|
||
});
|
||
|
||
// Populate rise analysis table
|
||
const riseTbody = document.querySelector('#rise-analysis tbody');
|
||
const riseAnalysis = stockData["涨幅分析补充"]["rise_analysis"];
|
||
riseAnalysis.sort((a, b) => new Date(b.trade_date) - new Date(a.trade_date)); // Sort by most recent
|
||
riseAnalysis.forEach(r => {
|
||
const code = r.stock_code || 'N/A';
|
||
const link = code !== 'N/A' ? `<a href="https://valuefrontier.cn/company?scode=${code}" target="_blank" class="text-cyan-400 hover:text-accent">${code}</a>` : 'N/A';
|
||
const row = `
|
||
<tr>
|
||
<td class="font-semibold text-white">${r.stock}</td>
|
||
<td>${link}</td>
|
||
<td>${r.trade_date}</td>
|
||
<td><span class="font-bold ${r.rise_rate > 0 ? 'text-green-400' : 'text-red-400'}">${r.rise_rate.toFixed(2)}%</span></td>
|
||
<td class="text-sm max-w-md">${r.reason}</td>
|
||
</tr>
|
||
`;
|
||
riseTbody.innerHTML += row;
|
||
});
|
||
|
||
// ECharts initialization
|
||
var chartDom = document.getElementById('profitability-chart');
|
||
var myChart = echarts.init(chartDom);
|
||
var option;
|
||
|
||
option = {
|
||
backgroundColor: 'transparent',
|
||
tooltip: {
|
||
trigger: 'axis',
|
||
axisPointer: { type: 'shadow' },
|
||
backgroundColor: 'rgba(10, 16, 40, 0.8)',
|
||
borderColor: 'var(--card-border)',
|
||
textStyle: { color: 'var(--text-primary)' }
|
||
},
|
||
legend: {
|
||
data: ['毛利率'],
|
||
textStyle: { color: 'var(--text-secondary)' },
|
||
right: 10
|
||
},
|
||
grid: {
|
||
left: '3%',
|
||
right: '4%',
|
||
bottom: '3%',
|
||
containLabel: true
|
||
},
|
||
xAxis: {
|
||
type: 'category',
|
||
data: ['海外业务', '国内业务'],
|
||
axisLine: { lineStyle: { color: 'var(--card-border)' } },
|
||
axisLabel: { color: 'var(--text-primary)' }
|
||
},
|
||
yAxis: {
|
||
type: 'value',
|
||
axisLine: { show: true, lineStyle: { color: 'var(--card-border)' } },
|
||
splitLine: { lineStyle: { color: 'var(--card-border)', type: 'dashed' } },
|
||
axisLabel: { color: 'var(--text-primary)', formatter: '{value}%' }
|
||
},
|
||
series: [
|
||
{
|
||
name: '毛利率',
|
||
type: 'bar',
|
||
barWidth: '40%',
|
||
data: [
|
||
{ value: 55.8, itemStyle: { color: new echarts.graphic.LinearGradient(0, 0, 0, 1, [{ offset: 0, color: '#64ffda' }, { offset: 1, color: '#11a37f' }]) } },
|
||
{ value: 34.0, itemStyle: { color: new echarts.graphic.LinearGradient(0, 0, 0, 1, [{ offset: 0, color: '#8884d8' }, { offset: 1, color: '#82ca9d' }]) } }
|
||
],
|
||
label: {
|
||
show: true,
|
||
position: 'top',
|
||
formatter: '{c}%',
|
||
color: 'var(--text-primary)',
|
||
fontSize: 14
|
||
}
|
||
}
|
||
]
|
||
};
|
||
|
||
option && myChart.setOption(option);
|
||
window.addEventListener('resize', myChart.resize);
|
||
});
|
||
</script>
|
||
|
||
</body>
|
||
</html> |