广发证券2013年医药行业投资策略概要

1、盈余展望及投资评级公司代码公司名称传统中药000538000423600085600436600332600993现代中药600535600750600518000999600479600557600594000650300147300181生物制剂002022300289002030002038300199002007002252300122300142600161云南白药东阿阿胶同仁堂片仔癀广州药业马应龙天士力江中药业康美药业华润三九千金药业康缘药业益佰制药仁和药业香雪制药佐力药业科华生物利德曼达安基因双鹭药业翰宇药业华兰生物上海莱士智飞生物沃森生物天坛生物收盘价（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投资评级买入买入慎重增持慎重增持拥有拥有买入买入买入买入慎重增持慎重增持慎重增持买入买入慎重增持拥有慎重增持拥有买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总市值（亿元）442251221135138442635632819932747145311647302713324109631356159总股本（万股）694276540213020714000810903315851642311152198719789030482415653607099067300971440049228153604160538070200005762048960400

5、001822351547盈余展望及投资评级公司代码002262600062002294300006002653300146化学原料药600267600521600216002001医疗器材002223600587300171300003医疗服务300244600763医药流通600511000028600998600713综合类601607600196公司名称恩华药业华润双鹤信立泰莱美药业海思科汤臣倍健海正药业华海药业浙江医药新和成鱼跃医疗新华医疗东富龙乐普医疗迪安诊断通策医疗国药股份国药一致九州通南京医药上海医药复星医药收盘价（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投资评级慎重增持买入慎重增持买入买入慎重增持买入慎重增持拥有拥有买入买入买入拥有慎重增持买入买入买入持有无评级慎重增持慎重增持总市值（亿元）601201633393118115579912472495

8、5662432638415530280208总股本（万股）2340057170435841830040010218728397154745520067259553161174052080081200919816032478802881514205269358268891224046数据本源：Wind资讯，广发证券发展研究中心Thanks!感谢倾听广发证券发展研究中心鉴别风险，发现价值IdentifyRisks,DiscoverValue免责申明广发证券股份有限公司具备证券投资咨询业务资格。本报告所载资料的本源及看法的出处皆被广发证券股份有限公司以为靠谱，但广发证券不对其正确性或完好性做出任何保证。报告内容仅供参照，报告中的信息或所表达看法不构成所涉证券买卖的出价或询价。广发证券不对因使用本报告的内容而引致的损失担当当何责任，除非法律法规有明确规定。客户不该以本报告代替其独立判断或仅依据本报告做出决策。广发证券可发出其他与本报告所载信息不一致及有不一样结论的报告。本报告反响研究人员的不一样看法、见解及分析方法，其实不代表广发证券或其隶属机构的立场。报告所载资料、建议及推测