民生证券INSHENG SECURITIES巨化股份(600160)基础化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21489229882585328772成长能力(%)营业成本17393188232029522466营业收入增长率19.486.9812.461129营业税金及附九加87697886EBT增长率138.884.3345.8813.11销售费用157161181201净利润增长率114.66-5.1445.9313.18管理费用7238059051007盈利能力(%)研发费用824101112411381毛利率19.0618.1221.5021.92EBIT2281238034723927净利润率11.089.8212.7512.96财务费用-1083825总资产收益率ROA10.529.3612.0912.19资产减值损失-150-162-125-125净资产收益率ROE15.3913.3116.8516.77投资收益374552646691偿债能力2755273439714489流动比率1.601.741.922.02营业外收支-29-41-41-41速动比率1.131.301.531.65利润总额2725269339304448现金比率0.520.750.971.11所得税329377550623资产负债率(%)30.2428.0726.5925.48净利润2396231633803826经营效率归属于母公司净利润2381225832963730应收账款周转天数16.6520.0020.0020.00EBITDA3170338747715440存货周转天数36.2532.0028.0026.00总资产周转率1.060.981.010.99资产负债表（百万元）2022A2023E2024E2025E每股指标（元）2547362451786482每股收益0.880.841.22138应收账款及票据1713155917541952每股净资产5.736.297.248.2477169183202每股经营现金流1231.251.621831728148914321475每股股利0270.260.390.44其他流动资产1765156216451733估值分析流动资产合计783084041019211844PE18191312长期股权投资1852240330503740PB2.82.5221.9固定资产65178366100599850EV/EBITDA133112.128.287.02无形资产687687686684股息收益率(%)1.662.432.75非流动资产合计14797157151706918745资产合计22627241192726130589短期借款182182182182现金流量表（百万元）2022A2023E2024E2025E应付账款及票据3666376541704616净利润2396231633803826其他流动负债10568889611061折旧和摊销888100612981513流动负债合计4904483453135860营运资金变动34731110055长期借款1327132713271327经营活动现金流3317336643814953其他长期负债611610609607资本开支-3455-1397-2029-2519非流动负债合计1938193719361934投资-153000负债合计6842677172497794投资活动现金流3562.1397-2027-2519股本27002700270027004000少数股东权益3163744585541065-5500股东权益合计15784173472001322796筹资活动现金流709-893-801-1130负债和股东权益合计22627241192726130589现金净流量584107715541304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