【研报】科技行业芯片国产化系列三：半导体材料行业研究框架总论半导体景气开启设备先行材料接力-20200215[79页].pdf

1、证券研究报告 2020年2月15日 芯片国产化系列三芯片国产化系列三 半导体材料行业研究框架总论半导体材料行业研究框架总论 半导体景气开启设备先行材料接力半导体景气开启设备先行材料接力 方正科技组首席分析师陈杭： S1220519110008 方正科技团队分析师范云浩： S1220519120001 中国半导体材料中国半导体材料A A股投资地图股投资地图 图表图表：中国：中国半导体材料半导体材料A A股投资地图股投资地图 资料来源：Wind，方正证券研究所（盈利预测选用Wind一致盈利预测，股价选用2020年2月14日收盘价） 19E19E20E20E21E21E19E19E20E20E21E

2、21E A19139.SHA19139.SH硅产业硅产业 002129.SZ002129.SZ中环股份中环股份462.89462.8916.6216.620.420.420.610.610.840.84404027272020 300316.SZ300316.SZ晶盛机电晶盛机电275.65275.6521.4621.460.520.520.730.730.910.91414129292424 300395.SZ300395.SZ菲利华菲利华83.1283.1224.5824.580.590.590.790.791.031.03424231312424 688233.SH688233.SH神工

3、股份神工股份0.720.720.820.821.131.13 300666.SZ300666.SZ江丰电子江丰电子119.62119.6254.6854.680.190.190.260.260.360.36282282213213153153 300706.SZ300706.SZ阿石创阿石创38.2238.2227.0827.08 300263.SZ300263.SZ隆华科技隆华科技49.6849.685.435.430.260.260.340.340.340.34212116161616 600206.SH600206.SH有研新材有研新材129.97129.9715.3515.350.12

4、0.120.190.190.300.3012712782825151 300263.SZ300263.SZ上海新阳上海新阳49.6849.685.435.430.260.260.340.340.340.34212116161616 603078.SH603078.SH江化微江化微45.3045.3041.4841.480.480.480.660.660.840.84868662624949 300655.SZ300655.SZ晶瑞股份晶瑞股份65.0865.0842.9942.990.200.200.370.370.500.502182181171178686 600160.SH600160.

5、SH巨化股份巨化股份181.73181.736.626.620.490.490.600.600.750.75141411119 9 002741.SZ002741.SZ光华科技光华科技46.6746.6712.4712.470.190.190.430.430.600.60676729292121 002409.SZ002409.SZ雅克科技雅克科技179.68179.6838.8238.820.550.550.730.730.920.92717153534242 688268.SH688268.SH华特气体华特气体92.2892.2876.9076.900.760.761.011.011.26

6、1.2610110176766161 300346.SZ300346.SZ南大光电南大光电95.1395.1323.3823.380.150.150.240.240.350.3515515596966666 688019.SH688019.SH安集科技安集科技97.9697.96184.45184.451.171.171.461.461.841.84157157126126100100 300054.SZ300054.SZ鼎龙股份鼎龙股份98.9398.9310.0810.080.260.260.340.340.430.43393930302424 300398.SZ300398.SZ飞凯材料