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首页行业分类银行金融投资及其他2023-11-05-西南证券-健民集团-2023年三季报点评:投资收益表现亮眼,研发实力增强
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2023-11-05-西南证券-健民集团-2023年三季报点评:投资收益表现亮眼,研发实力增强

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2023-11-05-西南证券-健民集团-2023年三季报点评:投资收益表现亮眼,研发实力增强
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使民集田(600976)2023年三季报点评2022A2023E2024E2025E2022A2023E2024E2025E3640.804411.945399.796618.49405.50534.05651.96793.76营业成本2065.302457.452996.893673.26折旧与摊销48.0565.9366.6866.90营业税金及附加24.6026.4732.4039.710.64.4.44-6.91销售货用1068.951301.521619.941985.55-9.740.000.000.00135.98189.71232.19297.83经营营运黄本变动-103.88188.2424.0261.95财务货用0.64-1.36-4.44-6.91其他-124.71-148.06-188.55-245.530.000.000.00215.87638.81549.67670.17162.30151.73197.25256.4233.180.000.000.00-12.110.000.000.00-110.01160.17197.25256.42其他经营损益0.000.000.000.00-143.20160.17197.25256.42442.17589.87720.07885.47-22.48-22.520.000.00-4.233.00-3.63-3.520.000.000.000.00437.94586.87716.44881.95208.700.000.000.00所得税32.4452.8264.4888.20支付股利.123.34-154.80-202.48-247.31405.50534.05651.96793.76-252.32-5.984.446.91-2.070.950.840.45-189.44-183.30-198.04-240.40407.57533.10651.12793.30-116.77615.68548.88686.202022A2023E2024E2025E2022A2023E2024E2025E219.33835.011383.892070.08成长能力应收和预付款项808.03876.801099.151353.7411.06%21.18%22.39%22.57%存货362.88432.21528.70649.3621.06%33.40%22.07%22.97%914.49689.39700.14713.4024.61%31.70%22.08%21.75%294.70294.70294.70294.70田TDA增长率21.16%33.33%19.54%20.86%9.299.299.299.29固定资产和在建工程389.30332.56275.07217.36毛利率43.27%44.30%44.50%44.50%无彩资产和开发支出42.5041.3640.2339.0933.11%33.77%34.22%34.40%397.12389.07381.02372.96净刹率11.14%12.10%12.07%11.99%3437.663900.404712.195720.00ROE21.71%23.77%24.18%24.48%22.520.000.000.00ROA11.80%13.69%13.84%13.88%713.88775.43952.971182.66ROIC58.88%78.10%107.98%131.37%长期借款0.000.000.000.0013.48%14.83%14.49%14.29%其他负债833.43877.891062.661294.34负债合计1569.821653.322015.632476.991.161.201.251.27股本153.40153.40153.40153.4010.0512.6117.9726.99509.17509.17509.17509.176.226.276.526.441215.291593.582042.222588.22存货周转率6.936.096.166.171862.862241.162689.803235.7999.74%4.975.936.767.211867.832247.082696.563243.0145.67%42.39%42.77%43.30%3437.663900.404712.195720.00带息债务总负债1.43%0.00%0.00%0.00%流动比率1.501.751.881.962022A2023E2024E2025E速动比率1.271.481.611.69EBITDA490.86654.45782.31945.46股利支付率30.26%29.04%31.10%31.17%PE23.1917.7314.5211.925.064.213.512.912.663.484.245.17PS2602.141.751.4312.1814.6517.5821.14EV/EBITDA16.8611.669.056.77每股经营现金1.414.163.584.371.30%1.64%2.14%2.62%每股股利0.801.011.321.61请务必阅读正文后的重要声明部分