浙商证券海信视像(600060)公司点评表附录：三大报表预测值资产负债表利润表(百万元)20222023E2024E2025E(百万元)20222023E2024E2025E29294345643831645738517545561558321现金307577881064413758营业成本37403424464543347388交易性金融资严8825724972397771营业税金及附加219248267280应收账项8067991810321106743504393342274432其它应收款6264管理货用710776862904预付账款72104108107研发货用2080227724752683存货4189542156035734财务货用(45)(53)(96)(152)其他5016402943404462586265非流动资产6465496746404332公允价值变动损益181818180000投资净收益251326296289长期投资17338329771181其他经营收益25525524925313241075763456营业利润2340266729483281无形资产782624435255营业外收支>(35)(4)在建工程413342482347263229433277其他2585240424232392所得税195219245273357603953142956215124122698300415156164501726818300472530592659短期借款445144810099671679188321062344应付款项9662104971108611841EBITDA2630301632553534333EPS(最新摊薄)1.281.441.611.79其他5047450251705489704727727719主要财务比率长期借款000020222023E2024E2025E其他704727727719成长能力15860171771799519019营业收入-2.27%13.15%7.46%4.87%少数殿东权益2348287834704129营业利润2832%13.96%10.55%11.29%17552194762149123753归属母公司净利润24.12%12.13%11.83%11.34%35760395314295646902毛利率18.22%17.98%18.31%18.75%现金流量表净利率4.70%4.66%4.85%5.15%20222023E2024E2025EROE8.82%8.91%8.90%8.87%500565929533540ROIC11.61%11.16%11.42%11.47%净利润21512412269830043084163873884435%43.45%41.89y%40.55%财务货用(45)(53)(152)3.31%9.69%7.18%6.10%投资损失(251)(326)(296(289)流动比率1.932.102.222.33营运资金变动1882(750)414633速动比率1.661.771.892.01其它960(1041)(154)(4581)2834269(368)总资产周转率1.331.371.351.30151(10)3332应收账款周转率11.7713.2112.3412.39长期投资(1443)933(141)(217)应付账款周转率6.657.106.956.88其他(3289)1911377(972)1219(366)(58)1.281.441.611.79短期借款(689)1003(439)(42)3.830.502.262.71长期借款0013.4214.8916.4418.16其他(27621673(16)值比率(548)471328563114P/E15.3713.7012.2511.00P/B1.471.321.201.09EV/EBITDA3.405.153.972.77http://www.stocke.com.cn请务必阅读正文之后的免责条款部分