附：财务预测摘要2021A2022A2023E2024E2025E2021A2022A2023E2024E2025E18131732176718021874432530728990132316101351143814511509营业成本238352479633821169332275291297营业税金及附加145其他应收款6102523334560预付寒款268467095126164存货3132研发费用3687114146其他流动资产141315169-32340484504554613-1-5000130171187205224>固定资产14921022424727800无形资产2954576062-1-106其他非流动资产324900021542216227223562488143127128127129136营业外收入280000营业外支出000应付票据及应付寒款6063103149其他流动负债546871所得税75736423530277732649814227282319153-02其他非流动负债9141112127332140163170162160162EBITDA4412528913921315EPS(元)0.790340.68151股本99393158216441644164416442021A2022A2023E2024E2025E30735543655819792035209821832311营业收入%)22.737.335.933.721542216227223562488향业利润(%)1.5-70.0157.554.146.20.3-56.699.052.744.944.833.634.236.138.017.76.09.910.72021A2022A2023E2024E2025EROE(%)3.81.63.04.56.1-89116145ROIC(%)12.7-1.25.210.817.3净利润77326414272529347.67.76.5-32-30-27净负债比率%)-79.3-64.263.91066流动比率14.213.513.913.8-74-188-12速动比率14.013.213.613.513.4其他经营现金流572-14-121-947-51-84-980.30.20.40.5资本支出12214947应收寒款周转率332.10.00.00.002-18-20应付寒款周转率4.25.30.00.0其他授资现金流2-8001291491-40220.790.340.681041510000.27-0.961250.9024421.3721.9722.6623.5724.9520001456620P/E63.2145.573.147.933.0其他筹资现金流-15-1031815P/B2.32.32.22.12.01383-108213EV/EBITDA69.3286.062.336.022.8数据来源：聚源、开源证券研究所请务必参阅正文后面的信息被露和法律声明