民生证券MINSHENG SECURITIES外服控股(600662)/商业零售及社会服务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14,66418,74024,00430,287成长能力(%)营业成本12,91516,53921,50727.471营业收入增长率28.0227.8028.0926.18营业税金及附九加94112144182EBT增长率-3.1427.5912.9520.04销售费用6958621.0321,302净利润增长率2.7622.1916.6118.55管理费用404525576606盈利能力(%)研发费用719496121毛利率11.9311.7510.409.30EBIT6598419501,140净利润率3.733.563.243.05财务费用-141-140-151-163总资产收益率ROA3.723.944.124.26资产减值损失0000净资产收益率ROE13.9816.2618.0620.22投资收益502430偿债能力8169811,1251,334流动比率1291.271.251.24营业外收支速动比率1261.231.211.19利润总额8139821,1261,334现金比率0.990.960.930.90所得税202241270320资产负债率(%)71.1973.3974.6376.27净利润6117428551,014经营效率归属于母公司净利润546668778923应收账款周转天数15.9414.0013.0012.00EBITDA7719671,097存货周转天数0.301.001.001.00总资产周转率1.031.181.341.50资产负债表（百万元）2022A2023E2024E2025E每股指标（元）10.26111,8991297414741每股收益0240.290.340.40应收账款及票据640708845986每股净资产1.711.801.892.00340413538687每股经营现金流0.370.980.781.1211455975每股股利0.120.250.290.35其他流动资产2,1402,5753,1643,825估值分析流动资产合计13,39315.64017,58020,314PE25211815长期股权投资312312336367PB3.53.43.23.0固定资产125134141148EV/EBITDA4.722.050.81-0.66无形资产117119121123股息收益率(%)1.994.164.855.75非流动资产合计1,3041,2931,324资产合计14,69616.93318.87521.637短期借款11111111现金流量表（百万元）2022A2023E2024E2025E应付账款及票据1,91324023,0643,838净利润6117428551,014其他流动负债8,4409,92910,94012,559折旧和摊销112126147149流动负债合计10,36512,34214.01616,409营运资金变动14813667991.417长期借款0000经营活动现金流8552,2441,7892,561其他长期负债97847194资本开支-67-76-77-85非流动负债合计97847194投资509000负债合计10,46212,42614,08616,503投资活动现金流446股本2,28322842284228472000少数股东权益3274014785690-1000股东权益合计4,2344,5074,7895,134筹资活动现金流-461530-637-709负债和股东权益合计14,69616,93318.87521,637现金净流量8531,0751,767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