房地产行业专题研究：Ａ股地产股内房化

2012112?AA?A2011562%100?AAAA??AA?AEPSPENAV10A11E12E13E10A11E12E13EA7.419.650.660.871.121.5711.238.526.624.7210.1712.020.831.101.371.7912.259.257.425.6818.2122.981.171.602.323.0415.5611.387.855.995.048.320.600.630.70.838.408.007.206.079.3813.380.901.011.241.6110.429.297.565.833.306.530.250.270.390.5513.2012.228.466.008.0414.180.630.911.21.4312.768.846.705.627.1812.380.921.081.171.737.806.656.144.158.279.210.550.781.041.3315.0410.607.956.226.1312.750.700.941.271.408.766.524.834.386.8314.500.710.651.192.389.6210.515.742.875.869.250.590.550.630.799.9310.659.307.4211.259.407.155.41201219010-60838248chencong@citics.comS1010510120047010-60836707yufu@citics.com12012...2011-12-07220112011-06-2920121121AA+HA120070101=10.001.002.003.004.005.00J-07