附：财务预测摘要2021A2022A2023E2024E2025E2021A2022A2023E2024E2025E128124632959340437166868331094141518124391475160216901877营业成本28036646860677854072296112161200营业税金及附加334其他应收款3040806193113145预付寒款6019731068688158199存货204207271374450研发费用135173221276348其他流动资产8141-76811713616719400-38424605010313411固定资产202118000无形资产31067648其他非流动资产3373600013492581309635713910124133247318374208536762783000000000营业外支出000应付票据及应付寒款120126141465125133184246318其他流动负债2542394298469所得税6-1-2-2198111013418524832000000少数股东损益0000其他非流动负债19134185248320393216546773793EBITDA12010215521228200000EPS(元)1.121271.752.353.03股本7910510510545217011701170117012021A2022A2023E2024E2025E42555874399113119562365255027983117营业收入%)30.421.431.329.328.113492581309635713910향业利润(%)39.438.334.129.028.713.238.334.129.059.156.157.257.257.117.216.016.917.517.62021A2022A2023E2024E2025EROE(%)12.45.77.38.910.3-168147118226ROIC(%)10.83.87.18.5净利润118134185248320914151829.18.417.621.720.31净负债比率%)43.960.0-59.94-7流动比率11.84.7-36241-130-105速动比率2.710.74.93.94.0其他经营现金流55909-56-31-37-380.60.4040.5资本支出15120应收寒款周转率1.41.31.320-25-29-31应付寒款周转率3.13.03.52.02.0其他授资现金流44-62-66-71-7712591.121271.752353.03-60000039-1.591.402.14000009.0622.4224.1726.5329.5602000012490P/E50.744.832.424.118.7其他筹资现金流-17-16108P/B6.32.52.32.1-271035127186EV/EBITDA46.344.228.320.414.6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