附：财务预测摘要2021A2022A2023E2024E2025E2021A2022A2023E2024E2025E17831671196120872519127117321958227627131030833799916营业成本9791346151017522088201180386352561营业税金及附加44其他应收款913558798114136预付寒款679789128130109121127143163存货450424519688797研发费用23292934其他流动资产261281089828102110721217129714191593-1-200014182固定资产4695746868159740-20无形资产504946444130其他非流动资产542580542558000285532583506411179169260429147219251623营业外收入0001107411017664营业外支出100应付票据及应付寒款8933838278166218260其他流动负债3889450571577所得税1637333963267963754546362129156186221590625491409224其他非流动负债425454601271531822161060967211024702085EBITDA14524623729636815182130EPS(元)0240.500.600.720.85股本2532532532539659619619619612021A2022A2023E2024E2025E40559715900112117791903112710101997-5.136.313.016219228552889325835064111향业利润(%)41.9113.39.717.918.947.7111.820.219.118.922.922.322.923.023.04.97.58.02021A2022A2023E2024E2025EROE(%)3.56.77.58.28.9-35231313968ROIC(%)5.18.4636.59.0净利润129156221465749678737.133.564.870.550.7-33521净负债比率%)-11.8-2.040.515.5000流动比率5.8-158-207-124-261速动比率2.93.80.90.61.0其他经营现金流-1061000-128-278-98-209-2510.50.60.70.7资本支出2111561951952266.09.10.00.00.080-1222应付寒款周转率10.433.90.00.0其他授资现金流399-1223726-193130-34-580240.500.600.720.85570000.140.910.010.550270590-646.537.017.629.198400000P/E69.833.027.423.019.4其他筹资现金流680-668145P/B2.52.42.22.01.8557-20035-104-241EV/EBITDA27.616.620.317.212.4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