民生证券NSHENG SECURITIES欧派家居(603833)/轻工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22,48026,30030,53434,869成长能力(%)营业成本15,37417,98920,88523,851营业收入增长率9.9717.0016.1014.20营业税金及附九加168184214244EBT增长率-2.0524.9316.1813.76销售费用1,6791.97323022,598净利润增长率0.8617.5416.4614.20管理费用1,3361.5541,7892092盈利能力(%)研发费用1,1231,1841,3741,569毛利率31.6131.6031.6031.60EBIT28193.5224,0924,655净利润率11.9612.0112.0512.05财务费用-247-112-142-182总资产收益率ROA9.408.819.389.73资产减值损失0000净资产收益率ROE16.2917.0917.6017.78投资收益23000偿债能力3,0563,6344,2344,838流动此率1381.331.44154营业外收支121515速动比率1.111.131.291.38利润总额3,0683,6494,2494,853现金比率0.850.981.13122所得税385489569650资产负债率(%)42.2848.4246.7145.28净利润2,6833,1603,6804,202经营效率归属于母公司净利润2,6883,1603.680应收账款周转天数22.0316.0016.0016.00EBITDA3,6744,4205,1755,879存货周转天数33.5735.0035.0035.00总资产周转率0.860.820.810.85资产负债表（百万元）2022A2023E2024E2025E每股指标（元）14,59217,93120,876每股收益4.415.196.046.90应收账款及票据1.4671.4301.6601,895每股净资产27.1030.3634.3238.80107180209239每股经营现金流3.9611.189.3110.431,4141,7252,0032,287每股股利0.002.072.422.76其他流动资产2,1221,9971.0861.098估值分析流动资产合计13,38119.92322.88926,396PE26221917长期股权投资11666PB4.23.8333.0固定资产6,6897,3687,939EV/EBITDA18.5314.5411.729.82无形资产1,0611,0591,0551,050股息收益率(%)0.001.812.112.41非流动资产合计15,23015.93816,35216,811资产合计28,61135,86139,24143,207短期借款4,5857.0857.0857.085现金流量表（百万元）2022A2023E2024E2025E应付账款及票据1,9792,7603,2043,659净利润2,6833,1603,6804,202其他流动负债3,11150995,6246,409折旧和摊销8558971.083流动负债合计9,67515.91317,153营运资金变动-13782,537649663长期借款55经营活动现金流2,4106,8095,6736,353其他长期负债2,4172405资本开支-2,246-1,640-1,482-1,668非流动负债合计2,4222,4202,4152,410投资-49234500负债合计12.09717,36418,32819,563投资活动现金流-7,146-1,590.560股本6096096096092,006-10200少数股东权益666624032498-247股东权益合计16,51418,49720.91323,644筹资活动现金流2,9851,103负债和股东权益合计28,61135,86139,24143,207现金净流量6,3223,3392,946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