首页行业分类金融证券证券2023-03-01-西南证券-华锐精密-Q4业绩超预期,看好行业需求复苏
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2023-03-01-西南证券-华锐精密-Q4业绩超预期,看好行业需求复苏

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2023-03-01-西南证券-华锐精密-Q4业绩超预期,看好行业需求复苏
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2021A2022E2023E2024E2021A2022E2023E2024E485.48601.031011.991470.71162.35165.39273.59421.08营业成本241.28309.59531.46763.37折旧与摊销43.9124.9024.9024.90营业税金及附加4.173.015.067.35-0.2815.9326.3138.24销售货用13.1318.0325.3036.77-0.342.502.502.5026.2474.53123.46151.48经营营运黄本变动46.61-52.85-74.92-81.73财务货用-0.2815.9326.3138.24其他46.16-5.40-8.56-8.35-0.342.502.502.50206.10150.47243.82396.633.652.505.005.00-147.50400.00-300.00-200.000.581.001.001.00.194.483.506.006.00其他经营损益0.000.000.000.00-341.99396.50-294.00-194.00181.02180.95303.89477.0043.92197.36150.67-63.805.847.007.007.00-8.690.000.000.00186.86187.95310.89484.00359.690.000.000.00所得税24.5122.5537.3162.92支付股利44.01-32.47-33.08-54.72162.35165.39273.59421.08-14.86-16.72-26.31-38.240.000.000.000.00248.20148.1791.28-156.76162.35165.39273.59421.08112.39-97.8641.1045.872021A2022E2023E2024E2021A2022E2023E2024E157.9660.10101.20147.07成长能力应收和预付款项164.11213.03358.11516.6555.51%23.80%68.38%45.33%存货88.43113.67196.63283.3373.91%-0.04%67.95%56.96%143.52143.84146.06148.5582.41%1.87%65.42%53.91%0.000.000.000.00BTDA增长率56.42%-1.28%60.12%52.11%0.000.000.000.00固定资产和在建工程489.09866.651144.211321.7750.30%48.49%47.48%48.10%无彩资产和开发支出19.3917.2815.1613.058.05%18.05%17.30%15.40%86.9186.5786.2385.88净刹率33.44%27.52%27.03%28.63%1149.411501.142047.602516.30ROE18.26%16.18%21.67%25.85%0.00197.36348.03284.22ROA14.12%11.02%13.36%16.73%104.77107.09189.36279.19ROIC30.37%22.32%24.39%29.13%长期借款0.000.000.000.0046.28%36.90%35.09%36.73%其他负债155.44174.57247.58323.89负债合计260.21479.01784.96887.300.550.450.570.64股本44.0144.0144.0144.011.471.803.255.09530.84530.84530.84530.846.786.406.986.66314.36447.28687.791054.15存货周转率3.213.013.383.15889.211022.131262.641629.0075.32%0.000.000.000.00889.211022.131262.641629.0022.64%31.91%38.34%35.26%1149.411501.142047.602516.300.00%41.20%44.34%32.03%流动比率2.951.311.131.342021A2022E2023E2024E速动比率2.481.030.851.00EBITDA224.65221.77355.10540.13股利支付率27.11%19.63%12.09%12.99%PE43.1042.3025.5716.627.876.855.544.303.693.766.229.57PS14.4111.646.914.7620.2123.2328.6937.02EV/EBITDA29.4531.1619.7712.79每股经营现金4.683.425.549.010.63%0.46%0.47%0.78%每股股利1.000.740.751.24请务必阅读正文后的重要声明部分