浙商证券亨道光电(600487)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)20212022E2023E2024E(百万元)20212023E2024E3600040005441674931741271479055436461609现金10248110841244214409营业成本34688401984542151302588706635699营业税金及附加133154175198应收账项154651718018680208951136119813051417其它应收款532618701794管理货用1370148516201756预付账款13241535173419591604210825552957存货5153597167477621财务货用507441326277其他2690291132272940264287326370非流动资产16457158571570715247公允价值变动损益(162)(10)0000投资净收益554446长期投资1513151315131513其他经营收益30931130631269557326749072891709223029783679无形资产1678168816981709营业外收支29214在建工程30102488207017361737224229803694其他3301284229353000所得税1602062743395245755862598746456415782036270633542388824931265732829214285106127短期借款79947594721468541436195126003227应付款项9515107841263914532EBITDA32903568436651120000EPS(最新摊薄)0.610.831.101.37其他63806553671969063919381737173617主要财务比率长期借款175016501550145020212022E2023E2024E其他2169216721672167成长能力27807287483029031909营业收入27.44%16.07%13.48%13.33%少数殿东权益3881396640724199营业利润24.35%30.49%33.55%23.56%20769231482551228456归属母公司净利润35.28%35.83%3328%24.11%52457558625987464564毛利率15.95%16.09%16.45%16.73%现金流量表净利率3.2%425%4.98%5.44%(百万元)20212022E2023E2024EROE5.99%7.54%9.17%10.37%1376190829783499ROIC5.83%729%8.65%9.66%净利润1578203627063354120180490598853.01%51.46%50.59%49.42%财务货用50744132627741.49%38.39%34.85%31.64%投资损失8(55)(44)(46流动比率1.511.601.661.74营运资金变动(1410)(1178)(412)(546速动比率1.291.371411.47其它(508)(139(504)(528)(1636(561)(578)(510)总资产周转率0.820.880.940.99205(630)(630)(430)应收账款周转率3.413.233.273.32长期投资000应付账款周转率7.487.036.836.52其他(1383)7052(80)(512)(1042)(1021)0.610.831.101.37短期借款475(400)(380)(361)0.580.811261.48长期借款(100)(100)(100)(100)8.799.8010.8012.05其他(403)(13)(562)(561)28983513581967P/E22.93168812.6610.20P/B1.591.421.16EV/EBITDA12.3210.207.956.33http://www.stocke.com.cn2/3请务必阅读正文之后的免责条款部分