浙商证券表附录：三大报表预测值资产负债表利润表(百万元)20222023E2024E2025E(百万元)20222023E2024E2025E1894322174271133293921702252903210335485现金47429303728417320营业成本164871994325510278620000营业税金及附加8093119131应收账项60808588100311055028120225248其它应收款492387407427管理货用713632770852预付账款1392139213921392953101211881313存货5030130167972048财务货用696638686687其他120712021202120214800025983271022780427187公允价值变动损益2)0000000投资净收益888355517674长期投资6917691769176917其他经营收益16817417417483501098712489128243397329742955241无形资产1758167215651455营业外收支2)250300在建工程48793439272018603395335745455541其他4078408641134131所得税57050468283144925492765491860126282528543863471012899140491532615327134135183224短期借款39284125433145482691271836804486应付款项5189614272146998EBITDA4956483464877779161161161161EPS(最新摊薄)1.191.201.631.98其他36213620362036207896840089019399主要财务比率长期借款417646765176567620222023E2024E2025E其他3720372437253723成长能力20795224492422724726营业收入4.84%16.53%26.94%10.54%少数殿东权益1077121213961619营业利润-27.69%-295%30.26%22.02%23053256152929533781归属母公司净利润-19.42%1.00%3538%21.91%44925492765491860126毛利率24.03%21.14%20.53%21.48%现金流量表净利率13.02%1128%12.03%13.27%(百万元)20222023E2024E2025EROE12.38%10.67%12.80%13.58%5066366(481)10418ROIC8.85%845%9.96%10.61%净利润282528543863471011259291369168046.29%45.56%44.12%41.12%财务货用696638686687净负债比率48.13%47.69%47.10%49.05%投资损失(888)(517)674流动比率1.471.581.772.15营运资金变动(1300)(1446(390)758)速动比率1.081.491332.02其它(1952)3746(5492)4774(4949(1705)(1558)(412)总资产周转率0.510.540.620.62(3813)(2025)2031)(1042)应收账款周转率4.724.004.004.00长期投资(592)000应付账款周转率6.035.505.505.50其他320473629(32920301.191.201.631.98短期借款(411)1962062170.222.810214.60长期借款80650050050010.1811.3112.9414.92其他(686)(687)(4772)45612019)10035P/E13.7413.6010.058.24P/B1.601.441.261.09EV/EBITDA10.198.807.014.67http://www.stocke.com.cn请务必阅读正文之后的免责条款部分