民生证券INSHENG SECURITIES税友股份(603171)/计算机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1698204025533201成长能力(%)营业成本70384410401285营业收入增长率5.8020.1825.1025.40营业税金及附加121318EBT增长率-54.69218.6147.543523销售费用293306352362净利润增长率-37.64111.7937.7430.99管理费用215224276322盈利能力(%)研发费用431470572808毛利率58.5958.6459.2659.86EBIT72229338457净利润率8.4814.9416.4517.18财务费用-46-57-62-69总资产收益率ROA3.907.799.9812.02资产减值损失0000净资产收益率ROE5.8711.3714.2816.83投资收益22222937偿债能力140311432566流动比率2.042.232.402.60营业外收支000速动比率1811.992.142.32利润总额137311432566现金比率1.471.621.74189所得税61317资产负债率(%)33.5531.5430.1828.64净利润143304419549经营效率归属于母公司净利润144305420550应收账款周转天数31.7730.0030.0030.00EBITDA125290406542存货周转天数127.45110.00100.0090.00总资产周转率0.470.540.630.73资产负债表（百万元）2022A2023E2024E2025E每股指标（元）1691185320362284每股收益0.350.751.03135应收账款及票据148169212266每股净资产6.046.607.248.05681013每股经营现金流0.220.731.01134245254285317每股股利0250.400.55其他流动资产250257260262估值分析流动资产合计2341254228033142PE131624534长期股权投资315382120PB7.77.16.45.8固定资产529584635686EV/EBITDA137.6959.0241.7630.82无形资产134141148154股息收益率(%)0.540.851.171.53非流动资产合计1345137014031433资产合计3686391242064575短期借款434343现金流量表（百万元）2022A2023E2024E2025E应付账款及票据132104111120净利润143304419549其他流动负债97499510131045折旧和摊销546885流动负债合计1149114211671207营运资金变动-79-44-44-47长期借款55经营活动现金流90297411546其他长期负债838698资本开支-170-37-38-45非流动负债合计8891102103投资0000负债合计1237123412691310投资活动现金流-1263745股本4064064064060000少数股东权益3-4500股东权益合计2450267829373264筹资活动现金流-92-98-253负债和股东权益合计3686391242064575现金净流量-129161184248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