民生证券INSHENG SECURITIES金徽酒(603919)/食品饮料公司财务报表数据预测汇总2022A2023E2024E2025E主要财务指标2022A2023E2024E2025E营业总收入2012250430853783成长能力(%)营业成本74991711021306营业收入增长率12.4924.4523.2122.63营业税金及附九加294358447549EBT增长率-23.5562.3240.3124.90销售费用420451494643净利润增长率-13.7347.2741.1825.01管理费用217250302363盈利能力(%)研发费用50607795毛利率62.7863.3664.2665.47EBIT301489686856净利润率13.9316.4818.891925财务费用-139-10-13总资产收益率ROA6.849.3711.7813.06资产减值损失10净资产收益率ROE8.9012.1015.4617.43投资收益0000偿债能力314497695869流动此率2.642.852.892.91营业外收支-11-11-10-11速动比率0.920.920.981.04利润总额303486685858现金比率0.900.890.951.02所得税2473103129资产负债率(%)23.0622.5223.8325.02净利润279413582729经营效率归属于母公司净利润280413583728应收账款周转天数1.181.341.29121EBITDA416609810985存货周转天数73732720.00710.00700.00总资产周转率0.510.590.660.72资产负债表（百万元）2022A2023E2024E2025E每股指标（元）81084710851385每股收益0.550.811.151.44应收账款及票据152124每股净资产6.727.438.2477910每股经营现金流0.630.621.111421512180921442505每股股利0300.440.63078其他流动资产41404243估值分析流动资产合计2386272133013967PE50342419长期股权投资0000PB4.44.13.7固定资产1443142313951364EV/EBITDA31.6321.5315.8812.75无形资产199194189184股息收益率(%)1.091.612.282.85非流动资产合计1710168316481609资产合计4095440449485576短期借款0000现金流量表（百万元）2022A2023E2024E2025E应付账款及票据144176211250净利润279413582729其他流动负债7617789321111折旧和摊销115120125129流动负债合计90595411441362营运资金变动-54-230-154-150长期借款00经营活动现金流319316565721其他长期负债39373533资本开支-57-98-93-95非流动负债合计39373533投资-1000负债合计94499211791395投资活动现金流57-9395股本5075075075070000少数股东权益10-2100股东权益合计3151341237694181筹资活动现金流-121-182-233-326负债和股东权益合计4095440449485576现金净流量14236239300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