民生证券MINSHENG SECURITIES东方电缆(603606)/电力设备及新能源公司财务报表数据预测汇总2022A2023E2024E2025E主要财务指标2022A2023E2024E2025E营业总收入7009105381309915365成长能力(%)营业成本54407839963011290营业收入增长率-11.6450.3424.3117.30营业税金及附加233239EBT增长率-23.0882.1630.5417.71销售费用147211262307净利润增长率-29.1492.4831.0817.96管理费用112190236277盈利能力(%)研发费用238358445522毛利率22.3825.6126.4826.52EBIT1039189224702907净利润率12.0215.3916.221632财务费用21211815总资产收益率ROA9.1713.6414.891482资产减值损失-43-19-23-27净资产收益率ROE15.3323.3524.3123.17投资收益140偿债能力957186324422881流动此率2802.482.612.81营业外收支31速动比率2.001.781.872.06利润总额960186424432882现金比率0.930.670.771.01所得税118242318375资产负债率(%)40.2041.5638.7736.05净利润842162121252507经营效率归属于母公司净利润842162121252507应收账款周转天数121.64130.00120.00110.00EBITDA1191205726603130存货周转天数88.6290.0089.0088.00总资产周转率0.801.001.000.99资产负债表（百万元）2022A2023E2024E2025E每股指标（元）2258245633084907每股收益1222.363.093.65应收账款及票据2364373442874612每股净资产7.9910.1012.7115.73153118144169每股经营现金流0.941.402.613.571321191323252695每股股利0.000.480.63其他流动资产73691610921248估值分析流动资产合计683191381115713631PE42221714长期股权投资27282829PB6.55.14.1固定资产1723194521532521EV/EBITDA29.0616.7312.6210.21无形资产324324324324股息收益率(%)0.000.921.21非流动资产合计2356274531203288资产合计9188118831427616919短期借款102102102102现金流量表（百万元）2022A2023E2024E2025E应付账款及票据1671231927443186净利润842162121252507其他流动负债668126314351558折旧和摊销153165190223流动负债合计2440368442814846营运资金变动-492-921-630-384长期借款1061106110611061经营活动现金流64796517932458其他长期负债193193193193资本开支-444-535-545-368非流动负债合计1254125412541254投资6000负债合计3694493855346100投资活动现金流-436.535-368股本6886886886880000少数股东权益00056300股东权益合计54946945874210819筹资活动现金流280-231负债和股东权益合计9188118831427616919现金净流量4871988521599资料来源：公司公告、民生证券研究亮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