亞前海券有限青任公司金徽酒(603919.SH202242023E2024E2025E2022A2023E2024E2025E2011.732499.712971.613667.73810.131339.3119823412.49%2426%18.88%2343%交易性金融资产0.000.000.000.00营业成本748.0971241130.001374.22应收账款及应收票据15.0324.0023.14毛利1263.031528.471841.602293.521512.421935.602353.552857.8462.78%61.15%61.97%62.53%预付账款6.699.0112.3513.35税金及附加294.12366.14430.18534.8041.4045.8671.6676.8914.62%14.65%14.48%1458%2385.683112.583800.014965.56销售费用420.2444428529.13699.800.190.190.1920.89%17.77%17.81%19.08%0.000.000.00217.32227.75249.56276.651443.191368.041285.151190.8310.80%9.11%8.40%7.54%198.78209.44216.80227.95研发费用50.2348.8356.7164.011.011.011.012.50%1.95%1.91%1.75%24.1424.1424.142414财务费用-12.54-15.48-21.39-26.35其他非流动资产42.4842.4842.484248-0.62%-0.62%-0.72%0.2%资产总计4095.464757.885369.77645216-0.06-0.180.080.000.000.00-0.780.470.71-0.65144.42273.58169.233692820.79213825.8033.700.000.100.160.120.060.78-0.80-1.1266.5497.28110.80131.510.000.000.000.0057.94136.66136.00158010.000.000.000.00636.22669.36855.351043.290.040.060.060.05905.111176.991271.561702.20313.70621.68776.460.000.000.000.0015.59%19.08%20.92%21.17%0.000.000.00-10.84-11.65-11.08-11.1916.4716.4716.471647302.8746531610.59765.2822.8422.8422.8422.8415.06%18.61%20.55%20.87%负债合计944.421216.291310.87归属于母公司的所有所得税费用23.6764.7783.27103.533150.00者权益3540.544057.864709.61净利润279.20400.54527.32661.751.041.041.0413.88%16.02%17.75%18.04%3151.053541.584058.914710.65280.24527.32661.754095.464757.885369.77645216-13.73%42.92%31.65%25.49y%-1.040.000.000.000.791.041.302022A2023E2024E2025E319.24356.90296.4669264-1.000.000.000.00-56.92-57.22-4353-37.562022A2023E2024E2025E其他1.26-0.78-0.80-1.12EPS0.791.041.30-56.66-58.00-38.68BVPS6.216.988.009.28-102.750.000.000.00PE34.1425.9320.670.000.000.000.00PEG0.800.820.81102.750.000.000.00PB4.313.863.372.90-111.79-0.93-0.93-093EV/EBITDA21.9917.4113.60其他-9.17-10.00-10.00-10.00ROE8.90%1131%14.05%-120.96-10.93-10.93-10.93ROIC8.72%11.16%12.72%13.72%141.62287.97241.2064303