附：财务预测摘要2021A2022A2023E2024E2025E2021A2022A2023E2024E2025E199921142641332144241935227130614019528111621004112414751938营业成本12511461195125493337603788108713761859营业税金及附加15202634其他应收款212563103151196257338预付寒款28435392130136171241317存货124119205218336研发费用199269367480629其他流动资产135135135397110071334146516131800-0-1-1109262313233431固定资产23725630436244400无形资产1873044004541112212其他非流动资产474589588003006344941064934622424025347259845562893813332053营业外收入0000301304517811463营业外支出0000应付票据及应付寒款457385122149240253375472598其他流动负债402430440所得税23188230207186172228255371469594145152131117少数股东损益4其他非流动负债43522524936446058364385815182225EBITDA237274405521673182193204EPS(元)0.560.620.901.14144股本404404404113311961196119611962021A2022A2023E2024E2025E64985312001648221121812414277832233795营业收入%)39.717.434.831.331.430063449410649346224향业利润(%)26.85.448.625.626.827.511.146.026.426.635.335.736.336.636.811.611.011.911.511.02021A2022A2023E2024E2025EROE(%)9.812.513.714.825316827597ROIC(%)8.48.610.411.211.2净利润2282553714695943238475421.424.930.835.7171净负债比率%)-38.2-22.7-13.7-12-12-12流动比率4.42.2-66-190-399-268610速动比率3.93.02.52.21.9其他经营现金流6382000-181-350-157-183-2290.80.70.90.9资本支出197198791353.53.33.33.33.3-119-52-51-51应付寒款周转率30.624.624.624.624.6其他授资现金流27-130-137-145583-5-71-880560.620.901.141442100000.630.420.060.68024-22431-24-21-145.405.986.887.989.401815000838640P/E49.244.330.324.019.0其他筹资现金流-215-205-43-50-74P/B5.14.64.03.42.9654-187-20122-220EV/EBITDA43.538.526.520.516.2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