民生证券INSHENG SECURITIES广和通(300638)/通信公司财务报表数据预测汇总利润表佰万元)2022A2023E2024E2025E主要财务指标2022A2023E2024E2025E营业总收入5,6468,51610,45112,763成张能力(%)营业成本4,5076,5568,0989,890营业收入增长率37.4150.8122.7322.13营业税金及附肋加13222632EBT增长率-9.6435.7226.0926.30销售费用169341418511净利润增长率-9.1968.4426.0824.30管理费用92243334408盈利能力(%)研发费用5658699611,149毛利率20.1723.0122.5222.51EBIT358486613774净利润率6.457.217.417.54财务费用49172530总资产收益率ROA5.707.347.638.15资产减植损失-9-12-17-25净资产收益率ROE15.0121.7622.9623.73投资收益6184102偿债能力营业利润3566267909821.561.461.461.49营业外收支-100速动比率1211.011.091.18利润总额355626790982现金比率0.270.180.280.35所得税91320资产负债率(%)62.0666.2566.7765.66净利润364614774962经营效率归属于母公司净利润364614774962应收账款周转天数141.77118.54123.13124.71EBIT DA472592735915存货周转天数88.80120.00100.0080.00总资产周转率0.881.021.031.08资产负债表（百万元）2022A2023E2024E2025E每股指标（元）货币资金8648371.6612416每股收益0.580.971.231.52应收款及票据2,25528833.6694,530每股净资产4.475.346.42预付款项5171620每股经营现金流0.47-0.121.001.72存货1,0972,1432,2022143每股股利0.300.350.360.44其他流动资产7691,0751,2031,319估值分析流动资产合计6,9558,75010,429PE39231915长期股权投资63636363PB5.935.104.273.55固定资产184170150121EV/EBITDA31.7025.8720.3615.54无形资产419429439449股息收益率(%)1321.531.561.94流动资产合计1,4091,4051,3951,376资产合计6,3998,36010.14511,805短期借款6891,0121,4831,483现金流量表（百万元）2022A2023E2024E2025E应付款及票据1,8782,8193,3984,179净利润364614774962其他流动负债6349371,1221,318114106122141流动负债合计3,2014,7686,0036,980营运资金变动-168-760-22429长期借款600600600600经营活动现金流300-786301,084其他长期负债171171171171资本开支-173-102-112-122非流动负债合计771771771771投资-66000负债合计3,9715,5396,7747,751投资活动观金流-179-35-2820股本63263263263232-000少数股东权益00003253244710股东权益合计2,4282,8213,3714,054筹资活动现金流23786221-309负债和股东权益合计6,3998,36010.14511,805现金净流量382-26823756资料来源：公司公告、民生证券研究院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