民生证券INSHENG SECURITIES凯盛新能(600876)建筑建材公司财务报表数据预测汇总2022A2023E2024E2025E主要财务指标2022A2023E2024E2025E营业总收入503072471098314059成长能力(%)营业成本44346160933611880营业收入增长率38.7344.0851.5528.00营业税金及附加385482105EBT增长率-198584.6750.6234.68销售费用17294456净利润增长率59.9327.5460.6938.75管理费用126197286337盈利能力(%)研发费用174268406520毛利率118515.0015.0015.50EBIT38971810811456净利润率8.137.207.638.27财务费用7490100101总资产收益率ROA3.874.305.676.73资产减值损失-17-30-20-20净资产收益率ROE9.6610.9714.9917.22投资收益16100偿债能力4675989621336流动比率0.980.991.09122营业外收支3速动比率0.760.720.760.89利润总额4706009641338现金比率0.170.110.110.12所得税11タ32资产负债率(%)56.3357.1758.4756.94净利润4595869411305经营效率归属于母公司净利润4095228381163应收账款周转天数71.1961.5558.9663.90EBITDA661123221113132存货周转天数57.2564.5970.7364.19总资产周转率0.510.640.820.88资产负债表（百万元）2022A2023E2024E2025E每股指标（元）689553778968每股收益0.630.811.30180应收账款及票据1589172226753735每股净资产6.567.368.6610.46176309423536每股经营现金流-0.620.792.093.29696106017892069每股股利0.000.000.000.00其他流动资产920145918022510估值分析流动资产合计4070510374679817PE32251511长期股权投资0000PB3.12.7231.9固定资产4022494756196162EV/EBITDA229012.807.505.00无形资产700702703704股息收益率(%)0.000.000.000.00非流动资产合计6496703673207474资产合计10566121391478617292短期借款1098159819481948现金流量表（百万元）2022A2023E2024E2025E应付账款及票据2157226933254235净利润4595869411305其他流动负债892126715681858折旧和摊销27351410301676流动负债合计4147513468418041营运资金变动-1069-714-746-983长期借款1704170417041704经营活动现金流51113492125其他长期负债101101101101资本开支-926-1049-1309-1825非流动负债合计1805180518051805投资264000负债合计5952693986469846投资活动现金流-662.1049-1309-1825股本6466466466460000少数股东权益3814455486907955002920股东权益合计4614519961407445筹资活动现金流583402186-110负债和股东权益合计10566121391478617292现金净流量-476.136225190资料来源：公司公告、民生证券研究亮预测本公司具备证券投资咨询业务资格，请务必阅读最后一页免责声明证券研究报告