2022年中报点评：航空航天营收增长90%，定增加码高端产能建设

   1    20.00 18.00 16.00 14.00 12.00 10.00 8.00 6.00 4.00 2.00 80% 68.65% 35.42% 64.56% 42.38% 35.01% 16.21% 70% 60% 50% 40% 30% 20% 10% 3.50 3.00 2.50 2.00 1.50 1.00 0.50 100.21% 86.10% 48.51% 82.59% 2.86% 62.35% 120% 100% 80% 60% 40% 20% 0.00 0% 201720182019202020212022H1 0.00 0% 201720182019202020212022H1 WIND WIND 40.00% 30.00% 20.00% 28.53%30.84% 32.55% 29.51%29.00% 26.98% 0.60 0.53 0.42 0.33 0.21 0.27 0.33 0.22 0.29 0.27 0.19 0.03 0.02 2019 0.03 0.01 - 2018 202020210.021022H1 0.50 0.40 0.30 10.00% 0.00% 16.69%18.31%16.20%17.54%18.23% 12.11% 201720182019202020212022H1 0.20 0.10 0.00 -0.10 WIND WIND 0.90 0.80 0.70 0.60 0.50 0.40 0.30 0.20 0.10 0.00 29.95%31.77% 38.10% 83.59% 90% 80% 70% 55.58%60% 50% 40% 30% 20% 10% 0% 20172018201920202021 WIND WIND 报表预测 数据来源：IFIND，中航证券研究所