民生证券INSHENG SECURITIES首旅酒店(600258)/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5089872692199534成长能力(%)营业成本4291527053945164营业收入增长率-172971.455.66341营业税金及附九加38616567EBT增长率-132.141251.8314.5021.48销售费用244349369381净利润增长率-1145.62237.9330.7621.04管理费用689104711061144盈利能力(%)研发费用60727476毛利率15.6839.6041.5045.84EBIT-174200122912783净利润率-11449.2011.391333财务费用452678668658总资产收益率ROA-2.292.943.754.42资产减值损失-171000净资产收益率ROE-5.557.118.8110.05投资收益-18000偿债能力-745132316232125流动此率0.630.830.961.12营业外收支17000速动比率0.580.780.911.08利润总额-728132316232125现金比率0.190.420.550.70所得税-53479559714资产负债率(%)58.3158.0256.8154.92净利润-67584410641411经营效率归属于母公司净利润80310501271应收账款周转天数37.0725.9725.9725.97EBITDA2002416546135289存货周转天数3.083.293.293.29总资产周转率0.190.330.330.34资产负债表（百万元）2022A2023E2024E2025E每股指标（元）1007253433724221每股收益-0.520.720.941.14应收账款及票据517608643665每股净资产93710.0910.65113035676966每股经营现金流3.833.683.9936474946每股股利0.000.380.490.59其他流动资产1762182817911797估值分析流动资产合计3357508559236795PE3019长期股权投资343343343343PB2.32.12.01.9固定资产2130219722612243EV/EBITDA16.827.776.835.80无形资产3493349535093540股息收益率(%)0.001.742.282.76非流动资产合计22091222002208721951资产合计25448272852801028746短期借款948948948948现金流量表（百万元）2022A2023E2024E2025E应付账款及票据115131134129净利润-67584410641411其他流动负债4249502150994979折旧和摊销2176216423222506流动负债合计5313610061816056营运资金变动-47057521-162长期借款10101010经营活动现金流1492428641184467其他长期负债9516972197219721资本开支-647-753-893-1054非流动负债合计9526973097309730投资-28000负债合计14838158311591215786投资活动现金流-1962-753-846-1054股本111911191119111910000少数股东权益1221631773181352000股东权益合计10610114541209812960筹资活动现金流-1685-2005-24342563负债和股东权益合计25448272852801028746现金净流量-21511527838849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