浙商证券中科电气(300035)，点评报告表附录：三大报表预测值资产负债表利润表(百万元)20222023E2024E2025E(百万元)20222023E2024E2025E74527762110361329552576793907612291现金1472180019002000营业成本4232552769029375888888营业税金及附加23494972应收账项235533394176607357154209其它应收款50124148管理货用129204227307预付账款345340454615214272363492存货2953202141914245财务货用149177252330其他19086104126116124104013482255446168公允价值变动损益(66000000投资净收益63202020长期投资189189189189其他经营收益283530182228353565413736237711741547无形资产302354428501营业外收支2)(2)在建工程88762954351436037511721545其他812815819827所得税21762321146512584165801946335831999613144025493479349503(6)000短期借款17552872490060893643199961314应付款项154313092253EBITDA60180817922345250250250250EPS(最新摊薄)0.500.44138其他4775035315802145214521452145主要财务比率长期借款109110911091109120222023E2024E2025E其他1054105410541054成长能力617070781007811648营业收入139.61%29.23%33.61%35.42%少数殿东权益406406406406营业利润-11.92%423%211.34%31.78%4889509960967409归属母公司净利润-0.35%-1238%212.30%31.83%11465125841658019463毛利率19.50%18.64%23.95%23.73%现金流量表净利率6.81%4.70%10.98%10.69%20222023E2024E2025EROE9.41%5.91%16.60%18.35%(2435)540(611)306ROIC5.41%4.53%9.05%10.04%净利润358319996131411025636846953.82%56.25%60.79%59.84%财务货用14917725233051.46%60.63%62.71%64.47%投资损失(63)(20)流动比率1.851.571391.40营运资金变动(86(1246(43)(1733)速动比率1.121.160860.95其它(2902)10542164)(53)(1448)(1043)(1066)(1065)总资产周转率0.590.560.620.68(1522)(1000)(1000)(1000)应收账款周转率3.823.823.82长期投资00应付账款周转率7.007.007.007.00其他143(43)(66)(65)384483117778590.500.441381.82短期借款148111720291188-3.370.750.850.42长期借款8060006.767.0510.24其他2890(285)(252)328100100P/E25.1328.689.186.97P/B1.871.791.501.23EV/EBITDA29.7516.008296.80http://www.stocke.com.cn2/3请务必阅读正文之后的免责条款部分