附：财务预测摘要2021A202242023E2024E2025E2021A2022A2023E2024E2025E37253650299429523615457742384916645281364934511005687866营业成本29732840325042055268146316160040476482其他应收款89103130预付寒款1318182931207261221290342存货1048930133415952074344352369471578其他流动资产699626626626626574027非流动贵产601772897776915610501资产减值损失24112816199232264116869293固定资产37464634514163607552公允价值变动收益00无形资产443523586662697-6其他非流动资产1699196518501901198800-19741109381077012108141169455818841313173022362391194125263427000055381981910561901营业外支出65应付票据及应付寒款88961300093987913081725其他流动负债794959112214711526895280118156165524472091183615618505257991189156912262000164313881113少数股东损益659255100159其他非流动负债42944844844844878543374410891410负债合计38914839403243624988EBITDA14541238145620062619少数股东杖益31854159%6696855EPS(元)0.970.540.921351.75806806806806806资本公积211621162116211621162021A2022A2023E2024E2025E留存收益282630193548435253955532555961427050827431.7-7.416.031.226.1974110938107701210814116营业利润%)36.5-38.552.048.531.833.3-44.871.846.429.435.133.033.934.835.218.612.416.318.419.32021A2022A2023E2024E2025EROE(%)14.58.611.915.417.210581064190818641916ROIC(%)13.78.411.213.915.5净利润8505257991189156941549348861678539.944.237.436.035.327净负债比率%)27.245.230.130.530.7授资损失51366流动比率1.51.2-340-136588447速动比率1.11.10.80.4其他经营现金流118-12-19-25-1486-1520-981-2002-21370.50.40.60.6资本支出13721368942196320983.42.90.00.00.0-50-7-33-32应付寒款周转率6.16.216.50.00.0其他授资现金流-64-146-7595414-3734164450.970.540.921351.75-37426602378451312.37231238长期借款91174-356-255-2756.866.897.628.7400001390000P/E26.247.527.618.914.6其他筹资现金流8-626-17-397-1015P/B3.73.73.32.92.5162-43553666EV/EBITDA15.519.315.911.8数据来源：聚源、开源证券研究所请务必参阅正文后面的信息被露和法律声明2/4