浙商证券沪硅产业(688126)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)20222023E2024E2025E107431269814101155313600447855566619现金762591491006411071营业成本2782332739824640交易性金融资产1237135014501500营业税金及附加1113应收账项707825970110069111132其它应收款45556982管理货用284358445530预付账款111133159185211246300344存货82398411781373财务货用(2)116240334其他196201211221(44)(54)(67)非流动资产14720166001830919902公允价值变动损益(560000000投资净收益4359长期投资597650700750其他经营收益1711711711715532704083279403418481615无形资产409400386366营业外收支(15)(15)(15)在建工程2078190317621650403466600762其他6105660771347733所得税59709025463292983241035433345396510647189351317466947820222937短期借款97331652726907325374481611应付款项313374448522EBITDA9811111156020050000EPS(最新摊薄)0.120.140.18022其他14831440174620494023422544924855主要财务比率长期借款179419942244259420222023E2024E2025E2229223122482262成长能力591693561195814334营业收入45.95%24.39%24.07%19.13%少数殿东权益5255527853075343营业利润156.53%15.06%27.72%26.36%归属母公司股东权益14291146651514615757归属母公司净利润122.45%15.03%28.62%27.02%25463292983241035433毛利率22.72%25.70%28.34%29.91%现金流量表净利率9.57%8.85%9.17%9.78%(百万元)20222023E2024E2025EROE2.16%1.89%2.38%2.94%5148951254ROIC2.07%246%3.13%3.67%净利润34539651064758052972091023.24%31.93%36.90%40.45%财务货用116240334净负债比率36.93%56.75%62.85%66.28%投资损失(101)(32)(43)(59流动比率5672.471.89164营运资金变动224102118119速动比率5242.281.73149其它(587)(596(650)(696(5777)(1946(1899)总资产周转率0.170.160.18020(2036)(1800)(1800)(1800)应收账款周转率6.475.825.815.71长期投资(166)(53)(50)应付账款周转率10.179.689.689.56其他(3576)(141)(96(4996713005196616510.120.140.18022短期借款(200)3219195616350.170.190.330.46长期借款(187)2002503505235.375.545.77其他10057(414)240)(334)435215259151006P/E191.62166.58129.52101.96P/B4364.254.113.95EV/EBITDA47.6756.2540.8432.27http://www.stocke.com.cn请务必阅读正文之后的免责条款部分