浙商证券白云机场600004)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)2022A2023E2024E2025E(百万元)2022A2023E2024E2025E34844036508866343971633882859456现金2227210026243927营业成本49295450576359810000营业税金及附加100125172207应收账项90214731981223172828385其它应收款45567491管理货用319437481520预付账款11171817467396109存货60677274财务货用1122(3)(26)其他239324319294(19)(13)非流动资产23456230352389624874公允价值变动损益0000000投资净收益104104104104长期投资591531556559其他经营收益6179666918651181871802917848(144937118872765无形资产335269200132营业外收支33在建工程61188919113129(1446)37418902769其他3268315932003206所得税(354(25)31031526941270712898331508(1092)399158124546916722670847278(21)(8)(30)(46)短期借款04013(1071)40716102500应付款项875855578479EBITDA23161631854106124909147EPS(最新摊薄)(0.450.170.681.06其他59175880641367482616203725112388主要财务比率长期借款0002022A2023E2024E2025E2616203725112388成长能力9532926495959666营业收入-23.34%59.61%30.72%14.13%少数殿东权益218211181134营业利润409.23%46.55%17191175971920821708归属母公司净利润295.93%55.25%26941270712898331508毛利率-24.12%14.02%30.45%36.75%现金流量表净利率-27.49%6.30%19.08%25.95%(百万元)2022A2023E2024E2025EROE-5.95%2.31%8.66%12.13%86937928803532ROIC-5.60%1.95%720%10.02%净利润(1092)39915812454150212491305137135.38%34.22%33.10%30.68%财务货用1122(3)(26)2.61%6.28%2.53%2.34%投资损失(104)(104)(104(104)流动比率0.500.560.720.91营运资金变动1373(632)(317)(24)速动比率0.500.550.710.90其它(924)(536)419(139)(808)(830)(2022)(2240)总资产周转率0.150.230.300.31826(1002)(2107(2345)应收账款周转率3.655.404.904.60长期投资(46)60(25(4)应付账款周转率5.986.388.0811.34其他(1588)112110109598324(33511-0.450.170.681.06短期借款0401(39910.370.161.221.49长期借款00007267.448.129.17其他598(77)64658(127)5241303P/E61.8515.6210.06P/B1.461.431.311.16EV/EBITDA1555.4515.937.955.81http://www.stocke.com.cn请务必阅读正文之后的免责条款部分