民生证券INSHENG SECURITIES继峰股份(603997/汽车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17967203092381830452成长能力(%)营业成本15616170991984425114营业收入增长率6.7413.0417.2827.85营业税金及附加48556583EBT增长率-24.84228.0339.9347.82销售费用262305357457净利润增长率-1221.60131.5659.9766.05管理费用1368142216672132盈利能力(%)研发费用376508595761毛利率13.0915.8116.6817.53EBIT28192112891905净利润率-8.142.283.114.03财务费用200226220210总资产收益率ROA-9.172.794.186.10资产减值损失-1567-179-238-318净资产收益率ROE-41.0212.0217.0923.41投资收益3-10偿债能力-14445308471403流动比率1.001.141.29143营业外收支9000速动比率0.650.770.891.01利润总额-14355308471403现金比率0.170.250.350.42所得税2866106175资产负债率(%)75.5774.7173.447191净利润-14634647411227经营效率归属于母公司净利润-14174477161188应收账款周转天数53.6952.6752.1552.84EBITDA1047183822722984存货周转天数42.6542.2342.8642.58总资产周转率1.161.271.391.56资产负债表（百万元）2022A2023E2024E2025E每股指标（元）1163181727563900每股收益-1260.400.641.06应收账款及票据2712323836004685每股净资产3.073.303.724.51154116153203每股经营现金流0.931.301.682.061825197923302930每股股利0.000.180.220.27其他流动资产1023103312001467估值分析流动资产合计687781821003813184PE362314长期股权投资11131516PB4.74.33.93.2固定资产3504372940764527EV/EBITDA20.1611.138.596.15无形资产1118910635362股息收益率(%)0.001.241.55186非流动资产合计8577785970866308资产合计15454160411712419492短期借款2135213521352135现金流量表（百万元）2022A2023E2024E2025E应付账款及票据2882300434544473净利润-14634647411227其他流动负债1867205121932614折旧和摊销7669179841079流动负债合计6884719077829222营运资金变动-18-347-325-562长期借款2557255725572557经营活动现金流1052146618942317其他长期负债2237223722372237资本开支-833-395-454-630非流动负债合计4794479447944794投资9401234负债合计11678119841257614016投资活动现金流-824-631股本1117112611261126100少数股东权益3203363624018000股东权益合计3775405745495476筹资活动现金流-398-424-492-542负债和股东权益合计15454160411712419492现金净流量-2436539391144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