う开源证券附：财务预测滴要2021A2022A2023E2024E2025E2021A2022A2023E2024E2025E1406133113881797214475372098713111716现金7105207129461239营业成本429423571745973127138000营业税金及附加79其他应收款123341017202426预付寒款33851391442641495969存货102196206319366132189197249309其他流动资产433390390390390-51931228399415449-0-40长期授资544其他收益3512225固定资产69121158186公允价值变动收益0-0无形资产16161141717717其他非流动资产1392482462482550-0016341720178722122593212827244337107216141355435营业外收入0020284353营业外支出0应付票据及应付寒款5100021279174245337其他流动负债所得税0343434201891702443410000少数股东损益0-1-1-1-2其他非流动负债12343420190171245343119175388468EBITDA202851822603510EPS(元)1.780.791512.163.02股本1131131131131139209649649649642021A2022A2023E2024E2025E留存收益482504632800103815151471161318262128营业收入%675.4-4.537.132.930.916341720178722122593营业利润%)110.6-61.4111.241.238.3101.8-55.490.143.639.7毛利(%)43.041.242.143.143.326.712.317.318.619.92021A2022A2023E2024E2025EROE(%)13.36.010.613.416.125752220339ROIC(%)48.011.725.728.837.3净利润20189170244341192329277.39.817.5财务货用>1931净负债比率%)46.4-30.7-38.4-35.040.5授资损失17-17-17流动比率13.26.25.14.925-6739-174-40速动比率11.94.87.83.83.7其他经营现金流44333-515-112-16-270.50.40.70.7资本支出41393361应收寒款周转率6.86.20.00.00.0-463-88000应付寒款周转率9610.539.30.00.0其他授资现金流-11171717-20-131-511.780.791512.163.0204028215692260.461.940.862.9900013.3712.9814.2416.1118.780004400P/E44.599.652.436.526.1-76-215-67-267-142P/B5.96.15.54.9-278-19016419223EV/EBITDA38.795.143.630.522.0数据来源：聚源、开源证券研究所请务必参阅正文后面的信息被露和法律声明2/4