中国银河证券CHINA GALAXY SECURITIES附录：公司财务预测表（百万元）2022A2023E2024E2025E2022A2023E2024E2025E8505.3910550.9412681.1715230.09流动资产7246.198695.0711036.5113982.27营业成本4905.465855.776885.888269.94现金2157.563442.915722.618481.11营业税金及附加92.64112.74137.74164.6824.7530.7136.9144.321449.281945.592409.422893.72其它应收款16.0219.8723.8928.69管理货用255.52327.08414.67502.59预付寒款127.12204.47173.21237.0341.0463.0843.809.61存货394.22470.59553.37664.60资产减值损失0.00-2.18-0.71-0.96其他4526.524526.524526.524526.5212.790.000.000.00非流动资产4623.465663.106350.217159.1670.02126.61126.81152.30长期授资0.000.000.000.00营业利润1854.272399.032911.573544.94固定资产2232.162976.223500.164030.512.330.000.000.00无形资产357.35476.46556.42634.37营业外支出20.590.000.000.00其他2033.952210.422293.622494.281836.012399.032911.573544.9411869.6514358.1717386.7221141.43所得税395.49516.77627.17763.60流动负债6705.707311.968056.119029.49净利润1440.521882.262284.402781.333181.603181.603181.603181.60少数股东损益0.000.000.000.00应付寒款626.20725.73894.651051.69归属母公司净利润1440.521882.262284.402781.33其他2897.903404.643979.874796.20EBITDA1998.052553.012991.593563.18非流动负债99.6699.6699.6699.66EPS(元)3.604.715.716.950.000.000.000.00其他99.6699.6699.6699.66责债合计6805.367411.628155.779129.15少数股东杖益0.000.000.000.002022A2023E2024E2025E5064.296946.559230.9512012.28经营活动现金流2026.112561.883159.533753.9211869.6514358.1717386.7221141.43净利润1440.521882.262284.402781.33折旧摊销239.32297.53223.36242.372022A2023E2024E2025E49.5695.4595.4595.45营业收入21.8%24.05%20.1%20.10%-70.02-126.61-126.81-152.30营业利润21.31%29.38%21.3621.75%营运资金变动521.07442.73682.42786.11归母净利润30.67%21.75%其它-154.34-29.470.710.96毛利率42.3344.50%45.70%-3335.77-1181.08-784.37-699.98净利率17.84%18.01%18.26%-790.90-1307.69-911.19-1052.28ROE27.10%24.75济23.15%-2609.560.000.000.00ROIC17.26%17.32%17.01%其他64.69126.61126.81152.3051.62%43.18%1764.22-95.4595.45-95.453.604.715.716.952558.100.000.000.00每股经营现金5.076.407.909.38-25.830.000.000.0012.6617.3723.0830.03其他-768.05-95.4595.45-95.45P/E49.4037.2630.7025.22439.441285.352279.702758.49P/B14.0510.107.605.84EV/EBITDA36.1927.4222.6418.238.256.655.534.61请务必阅读正文最后的中国银河证券股份有限公司免责声明。2