浙商证券志邦家居603801)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)2021A2022E2023E2024E(百万元)2021A2022E2023E2024E27873058347335065153538964757561现金668722181802营业成本3285341841014772交易性金融资产202202202202营业税金及附加40475462应收账项2569611540100475683710081176其它应收款149156187219管理货用232262321374预付账款49768893282286337存货332532378财务货用(18)(27)28)其他1076608742809(43)132511237029083709公允价值变动损益50000投资净收益(1)长期投资36其他经营收益373536146516021951563586706838无形资产232233235237营业外收支2)(3)(3)在建工程278462561583702其他69535140846444476652985428638151753664776924262195273930490000短期借款295309371506536647769应付款项80186810531200 EBITDA75372687710470000EPS(最新摊薄)1.621.722.082.47其他1330101913141416281273280278主要财务比率长期借款2002002002002021A2022E2023E2024E其他81738078成长能力2707246830193327营业收入34.17%4.58%20.15%16.76%少数殿东权益0000营业利润25.87%4.04%20.40%18.78%2591296033633889归属母公司净利润27.84%6.07%20.68%18.89%5298542863817216毛利率36.24%36.58%36.67%36.88%现金流量表净利率10.04%9.95%9.99%10.18%2021A2022E2023E2024EROE20.98%19.32%20.47%21.22%4962531711ROIC18.06%15.91%17.06%17.55%净利润51753664776914512514718351.10%45.47%47.30%46.11%财务货用(7)(18)(27)(28)18.65%20.75%19.06%19.21%投资损失111流动比率1.151.39127营运资金变动(84(526(271)682速动比率0.991.241071.03其它(76407(244)103(516(324(631)总资产周转率1.091.001.10(321)(300)(600)(900)应收账款周转率39.0711.966.327.36长期投资200应付账款周转率7.386.556.746.78其他(198)(24(31)179(196)4261.621.722.082.47短期借款18762621.591.680.815.48长期借款2000008.309.4810.7712.45其他(208)210)364(876佑值比率15949P/E19.8818.7415.5313.06P/B3.883.402.992.59EV/EBITDA12.1413.3011.709.27http://www.stocke.com.cn请务必阅读正文之后的免责条款部分