浙商证券林泽能源(601222)公司点评表附录：三大报表预测值资产负债表利润表(百万元)20222023E2024E2025E(百万元)20222023E2024E2025E13538135501563549447727837310524现金4709448058616424营业成本31505237554070381676172216501683营业税金及附加34455166应收账项311655036640127232209263其它应收款1733131142179管理货用372541544684预付账款142254300347143348352442存货1508149017272522财务货用32其他654389451498143223117158非流动资产7763944391479341公允价值变动损益37370000投资净收益4050100长期投资354350400550其他经营收益1621922303125882595859195885营业利润1144129518192289无形资产11010090营业外收支(7)在建工程287182914711577利慈1116128817892283其他1131120612671246所得税2521291792282130122994247828641159161020544437525957146919851016短期借款730949835838856115416002038应付款项2497317736654696EBITDA15821771229228020000EPS(最新摊薄)0.420.560.780.99其他12091133121513861996182720312236主要财务比率长期借款159317931993219320222023E2024E2025E其他404343843成长能力6433708777469155营业收入-6.66%56.29%8.37%25.68%少数殿东权益818696112营业利润0.33%13.17%40.49%25.83%14786158211694118368归属母公司净利润-8.00%34.85%38.62%27.36%21301229942478227634毛利率36.29%32.23%33.84%33.12%现金流量表净利率17.48%15.00%1922%19.52%20222023E2024E2025EROE5.83%7.50%9.71%11.48%1010161317731596ROIC4.92%6.40%8.24%9.61%净利润8641159161043341043045330.20%30.82%3125%33.13%财务货用36765732净负债比率45.46%46.87%44.03%39.53%投资损失(5)(40)(50)(100)流动比率3.052.582.742.64营运资金变动912150(51)(189速动比率2.712.292.432.28其它(1231)(141)(222)1323(2041)55(598)总资产周转率0.240.350.350.402294(2020(5)(497应收账款周转率1.401.851.531.65长期投资(85(50)应付账款周转率2.633.142.652.82其他(886(25)11049199(447)(435)0.420.560.780.99短期借款218(114)30.490.780.860.77长期借款(5092002002007.187.688.228.92其他(375)(533)(638)佑值比率1354(2291381563P/E19.1614.2110258.05P/B1.040.970.89EV/EBITDA9.277.685.414.29http://www.stocke.com.cn请务必阅读正文之后的免责条款部分