民生证券INSHENG SECURITIES洛阳钼业(603993)/金属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172991196135204840208230成长能力(%)营业成本156926175808181468183616营业收入增长率-0.5013.384.441.66营业税金及附九加1235145515201545EBT增长率-4.3530.4917.466.08销售费用97113118120净利润增长率18.8266.3417.976.16管理费用1791203221222157盈利能力(%)研发费用389350365371毛利率9.2910.3611.411182EBIT12608164531932620502净利润率3.515.155.816.07财务费用1808116711861196总资产收益率ROA3.685.836.706.68资产减值损失-65000净资产收益率ROE11.7416.8317.2916.21投资收益726785819833偿债能力9889160791896820148流动此率1.711.762.012.20营业外收支-85000速动比率0.900.881.011.19利润总额9804160791896820148现金比率0.650.640.730.91所得税2613420649625279资产负债率(%)62.4158.3753.2450.13净利润7192118721400614869经营效率归属于母公司净利润6067100921190512639应收账款周转天数1.691.841.84184EBITDA17139213372504226976存货周转天数75.0270.4770.4770.47总资产周转率1.141.161.171.13资产负债表（百万元）2022A2023E2024E2025E每股指标（元）32648310713044137929每股收益0.280.470.550.59应收账款及票据80098910331050每股净资产2392.783.193.612130213122002226每股经营现金流0.720.690.901.0032255339423503535449每股股利0.000.140.160.17其他流动资产17850167531518715261估值分析流动资产合计85682848878389691915PE201210长期股权投资1934271835384371PB2.42.1181.6固定资产28056327593700441191EV/EBITDA8.316.755.50无形资产19448194911949119491股息收益率(%)0.002.452.893.06非流动资产合计79337883219380897383资产合计165019173207177704189298短期借款20108201082010820108现金流量表（百万元）2022A2023E2024E2025E应付账款及票据3957387139964043净利润7192118721400614869其他流动负债25997242001759317708折旧和摊销4531488457166475流动负债合计50061481794169741858营运资金变动-159-2664-973-371长期借款18975189751897518975经营活动现金流15454148591947921692其他长期负债33946339553394034058资本开支-10470-12926-10236-9053非流动负债合计52921529305291553033投资1804000负债合计1029821011099461294891投资活动现金流-7372-12926-8478-9053股本4320432043204320997000少数股东权益10339121201422116451-18760-69050股东权益合计62037720998309294407筹资活动现金流-2097-3510-11631-5152负债和股东权益合计165019173207177704189298现金净流量8653.15777487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