民生证券INSHENG SECURITIES旗滨集团(601636)建筑建材公司财务报表数据预测汇总2021A2022E2023E2024E主要财务指标2021A2022E2023E2024E营业总收入14573138051771322177成长能力(%)营业成本7252106551309016501营业收入增长率51.12-5.2728.3125.20营业税金及附九加177138177222EBT增长率115.62-67.9765.6118.71销售费用125124159200净利润增长率13338-68.1164.0720.25管理费用138881410631397盈利能力(%)研发费用647566709887毛利率50.2422.8226.1025.60EBIT5038161426723172净利润率33.7011.3814.5513.97财务费用695610988总资产收益率ROA20.216.138.849.41资产减值损失-94000净资产收益率ROE31.7210.7815.7517.07投资收益334偿债能力4914156025663088流动此率1.901.951.861.78营业外收支-2101010速动比率1231.211.25124利润总额4912157025763098现金比率0.980.900.981.01所得税690212348418资产负债率(%)35.5342.3743.1444.17净利润4221135822292680经营效率归属于母公司净利润4234135022152664应收账款周转天数6.2812.0012.0012.00EBITDA6058277840794813存货周转天数98.9775.0068.0062.00总资产周转率0.830.640.750.83资产负债表（百万元）2021A2022E2023E2024E每股指标（元）4434389256757562每股收益1.580.500.830.99应收账款及票据300508705847每股净资产4.974.675.245.82255225294433每股经营现金流1890.771.772.051966218924392803每股股利0.800.250.420.50其他流动资产1645162916371646估值分析流动资产合计859984441075013290PE62012长期股权投资41444751PB2.12.22.01.8固定资产841395761062411655EV/EBITDA4.2710.266.555.16无形资产1420156417011838股息收益率(%)7.812.484.074.90非流动资产合计12349135851429615017资产合计20948220292504728307短期借款495495495495现金流量表（百万元）2021A2022E2023E2024E应付账款及票据2007205828043763净利润4221135822292680其他流动负债2027177024753215折旧和摊销1020116514071641流动负债合计4529432357747473营运资金变动-322-5789411026长期借款1026318931893189经营活动现金流5073206847395508其他长期负债1889182218431843资本开支-1430-1949-2084-2347非流动负债合计2915501150325032投资-10000负债合计744493341080512504投资活动现金流-1961-2373-2084-2347股本2686268326832683111-3100少数股东权益158166180196-4652108-340股东权益合计13505126951424115803筹资活动现金流407-236-872-1275负债和股东权益合计20948220292504728307现金净流量351717831887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