附：财务预测摘要2021A202242023E2024E2025E2021A2022A2023E2024E2025E103991210861168139441538073910251294现金9498191265335业成本20723743760877000营业税金及附加7其他应收款3361315预付寒款12553339527291存货991362963054564466818278其他流动资产760590590590590-12341非流动贵产6301015144917542001资产减值损失3-120000121414固定资产497788118314701714公允价值变动收益0无形资产545560595929263>27其他非流动资产80172207225229000166919272535292233952523401103638101000120500007709581164营业外支出0应付票据及应付寒款6520400015968180252339其他流动负债453918182534571419716222730500000少数股东损益1112其他非流动负债87575757140161226303负债合计19742086610561262EBITDA213139294427560少数股东杖益123EPS(元)0350.240.400.560.754034024024024025885885882021A2022A2023E2024E2025E留存收益488523654827106714721505166718622128-5.3-8.594.438.526.316691927253529223395营业利润%)-25.0-56.2158.540.034.6-23.5-31.467.840.034.550.137.641.040.740.533.725.321.822.023.52021A2022A2023E2024E2025EROE(%)9.69.712.214.317566-37364331ROIC(%)9.16.17.39.310.6净利润141162227305576791129165资产负债率%)11.821.834.236.237.244净负债比率%)-2.65.238.40.241.5授资损失-26-27-27流动比率9.42.511.27-46-285-7-156速动比率2.10.90.80.7其他经营现金流15-22000-110-98407-3850.30.20.30.40.4资本支出1073405254344124.64.70.00.00.000000应付寒款周转率4.23.19.10.00.0其他授资现金流424328272753-23-710350.400.560.7501206501882060.440.160.090.900.82长期借款0003.663.744.144.63529100022000P/E53.778.346.733.424.8其他筹资现金流-68-59673-259-288P/B5.15.04.54.03.51923-557-114-136EV/EBITDA31.550.525.918.114.0数据来源：聚源、开源证券研究所请务必参阅正文后面的信息被露和法律声明2/4