华鑫证券公司盈利预测（百万元）资产负债表2022A2023E2024E2025E利润表2022A2023E2024E2025E3.3033.9974,796现金及现金等价物4509681.6152.409营业成本1.7702.1092.5132.934应收款32394756营业税金及附加22273340147177211246销售费用388462572719其他流动资产2.5262.5322.5382.546管理费用150174211253流动资产合计3.1533.7154.4115.258财务费用8--67研发费用34058金融类资产2.5002.5002.5002.500费用合计552649785962固定资产727851863833资产减值损失-1-1-1在建工程2881154618公允价值变动0000无形资产464439540003983983983984065226865其他非流动资产210210210210加：营业外收入2非流动资产合计1.6681,6181.5591.499减：营业外支出4244资产总计4.8225.3325.9706.756404520669863流动负债：所得税费用6378100138短期借款0000341442569725应付账款、票据390471562656少数股东损益-1000其他流动负债234234234234342442569725流动负债合计7849011.0331,175非流动负债：2022A2023E2024E2025E长期借款0000成长性其他非流动负债13131313营业收入增长率32.8%22.7%21.0%非流动负债合计131313归净利润增长率85.1%29.4%28.6%27.5%负债合计7979141.0461,188所有者权益毛利率34.2%36.1%37.1%38.8%股本7631.0661.0661.066四项费用/营收20.5%19.7%19.6%20.1%股东权益4.0254.4184.9245.56912.7%13.4%14.2%15.1%负债和所有者权益4.8225.3325.9706.756ROE8.5%10.0%11.5%13.0%现金流量表2022A2023E2024E2025E资产负债率16.5%17.1%17.5%17.6%净利润341442569725营运能力-1000总资产周转率0.60.60.70.7折旧摊销485159应收账款周转车85.485.485.485.4公允价值变动000存货周转率12.112.112.112.1营运资金变动158748389经营活动现金净流量546567710874EPS0.450.410.530.68投资活动现金净流量-1086485758P/E37.140.031.124.4筹资活动现金净流量1058-49-63-80P/S4.75.44.43.7现金流量净额518566704851P/B3.24.03.63.2资补来源：Wind、华盒证券研究请阅读最后一页重要免责声明诚信、专业、稳健、高效