浙商证券中际联合605305)公司点评表附录：三大报表预测值资产负债表利润表(百万元)20212022E2023E2024E(百万元)20212022E2023E2024E227725323034353788380214131758现金1591202121892516营业成本4624597749660000营业税金及附加13应收账项501259431545134158其它应收款245管理货用466099预付账款1010研发货用85105存货179238395457财务货用(3)21)(25)29其他3467999929190公允价值变动损益00000000投资净收益17911长期投资000其他经营收益262223666562264195362456无形资产161515营业外收支0000在建工程00264195362456其他1711141533244557237626233126232171400305342527628少数殿东损益0000短期借款01010232171317400应付款项221240397490EBITDA249174337428015EPS(最新摊薄)1.531.132.092.63其他7611311899主要财务比率长期借款000020212022E2023E2024E其他99成长能力316350536637营业收入29.64%-9.13%76.12%24.44%少数殿东权益0000营业利润19.49%-26.14%8528%26.17%2060227325902990归属母公司净利润19.03%-2627%85.59%26.08%237626233126毛利率47.67%42.80%45.19%45.03%现金流量表净利率26.25%21.30%22.44%22.74%20212022E2023E2024EROE15.57%7.88%13.04%14.33%113354135290ROIC10.21%6.46%11.14%12.30%净利润232171317400966613.29%13.36%17.13%17.56%财务货用(21)(25)0.70%3.06%2.05%1.78%投资损失(17)(9)(11)(11)流动比率7.477.405.765.64营运资金变动(114)258速动比率6.886.705.014.91其它6(152)>88总资产周转率0.490.320.490.52(1)应收账款周转率3.662.923.993.48长期投资0000应付账款周转率3.493.364.193.70其他69109107125291.531.132.092.63短期借款010000.752.330.891.91长期借款000018.7314.9717.0619.70其他91061251030431168328P/E31.5742.223.0718.30P/B2.573.222.822.45EV/EBITDA36.1030.46152611.24http://www.stocke.com.cn23请务必阅读正文之后的免责条款部分