公司报告丨年报点评报告天风证券TF SECURITIES财务预测摘要202120222023E2024E2025E202120222023E2024E2025E货币资金447.78147.45869921185191,140.001152.461408.071838.7738351427.966558052271营业成本801.04979.911273391390354178258971217营业税金及附加75210031226160117.42存货15222172.64211142798626239销售费用43.1745426203其他1664231333031459.625701626570.40882692042577852372843,27637347959研发费用1328311734133.77165496732673267326732财务费用3734(3589)4839126.41)固定资产30928664.64599545344446933资产信用减值损失(580在建工程716671667156公允价值变动收益0000000.00无形资产40.1650.974739438140231631137513.7513751375其他78.74331.04145131760621115其他2900(17.72)0.001,185.83931.03893.2885969158.8321879335.89400.563596.134,16965433928营业外收入0531120590.740825440000.00营业外支出1200750890952123931050506974144015620158.752188233576400.43其他130.4912140112702136614156所得税825113717.46208234831507.48423.20720.6355.9614755150.5031830379.610000.000000000000000.000.00应付债券0.000.000000.00147.5515050207.2531830其他71.0383.126439728573A5088121186222710383.1264397257345435906113849759793.4g629.410.000000000.00202120222023E2024E2025E1714317130171301713017130资本公积1913.621911.001.911001911.00191100451%109%2218%865.601.026681296.691628923775%5353%19.25%其他(721044)28☑日属于母公司净利润200%3771%2.947.093,108543376183709873596.134,169654,33928毛利率2973%3041%3101%净利率1294%1472%1731%18.97%ROE522%511%1023%ROIC1123%7.45%790%13.92%202120222023E2024E2025E净利润14755150502072531830资产负债率1336%1356%1903%1451%46.59562968686868净负债率-1522%-332-21.77%31.71%财务费用432(199(126410流动比率7.076304.55626投资损失(13.75)速动比率4175804.16579营运资金变动(4307司(53281)34876(15283其它470.70566.130000.003393333473402220921.78710737738资本支出210811873总资产周转率036034047长期投资0.0067320000000.00其他1.60109(897.7022211436088121222(13902刀13.751301313280.73129债权融资54.7260498.011256616.50172019712166206刀3.65(4580)459☑其他447☑(000市盈率903865.6342733583473479.74市净率4814.033670.000.000000.000.0041.71246937213279(1,22357刀53655185.9131527297947.1840.58资料来源：公司公告，天风证券研究所请务必阅读正文之后的信息披露和免责申明