Huajin Securities华发集团旗下企业公司快报/中成药Ⅲ财务报表预测和估值数据汇总资产负债表（百万元）会计年度2020A2021A2022E2023E2024E会计年度2020A2021A2022E2023E2024E545956028820752911083878210117139161391216838现金1337995222725712694营业成本31183681475748785823应收票据及应收账款11331611216316092957营业税金及附加136138195195236预付账款332225540224701营业费用30353434431441735051存货15801673253117803365管理费用4004978358351094共他流动瓷产10781099135913441365研发费用654792118311821431非流动资产60337303916887429902财务费用2177750长期投瓷00000-78-50502942377953795362639300无形瓷产73789895996997624-24-1010共他非流动瓷产23552625283024112533143815692576261832221149212905179881627020984营业外收入00流动负债22392960637531715983营业外支出-7050短期借款27050031285001814142215543272应付票据及应付账款11881621200917142730所得税208212397400491其他流动负债780839123895614401215134222492782非流动负黄33087279368159442000长期借款05004213092221219134422492782共他非流动负债330372372372372EBITDA16741945312032003825256938337168385165774333主要财务比率12041671167116711671会计年度2020A2021A2022E2023E2024E资本公积29322343234323432343成长能力49155065621372078311营业收入%)50.8152-0.021.089199069108171241614404营业利润%)102.59.164.21.623.11149212905179881627020984归属于母公司净利润(%)100.910.367.30.822.7现金流量表（百万元）毛利率(%64.563.665.864.965.42020A2021A2022E2023E2024E净利率(%13.913316.216.316.51586529168738691408ROE(%)13.620.818.319.312151342224922682782ROIC(%)13.013.616.017.316.8275357398482552财务费用177500瓷产负债率(%)22.429.739.823.731.3-2424101010流动比率2.41.42.41.9营运资金变动-1330-10471059-1936速动比率1.20.90.71.0其他经营现金流30118000-10-507-251866-17220.9080.90.80.9-23-302-565-831-875应收账款周转率7.8747.47.4应付账款周转率3.72.62.62.62.6估值比率0.730.801.351.361.66P/E39.836.121.6g217.40.950.321.012320.84P/B5.4534.53.93.45.345.436.477.438.62EV/EBITDA28.224.915.914.512.5请务必阅读正文之后的免责条款部分