附：财务预测摘要2021A202242023E2024E2025E2021A2022A2023E2024E2025E5187919021252158458612601460165318182744436729771308营业成本417828990110712296112000营业税金及附加267其他应收款17221522445560预付寒款271733222756547179存货1131501641872022743586976其他流动资产5034343-253343非流动贵产219369396407资产减值损失-17-20111139固定资产100260287310323公允价值变动收益0-169无形资产45486其他非流动资产71353535-1-27371132127116481991943111442128260120920000000营业外支出1应付票据及应付寒款6714500093310359405442其他流动负债115120921239475427131235438500000少数股东损益-1-22-2其他非流动负债54482272314387负债合计1322641246EBITDA102316368407437少数股东杖益004EPS(元)0.792.613.023.423.72100103103103103214262662662662021A2022A2023E2024E2025E留存收益2925348081104145360486811821528190164.7115.115.913.210.07371132127116481991营业利润(%)25.7231.315.612.89.026.7230.915.613.128.734.332.233.032.414.021.621.521.521.32021A2022A2023E2024E2025EROE(%)13.531.226.523.220.396265257337346ROIC(%)12.229.825.121.718.7净利润2713123438517192530资产负债率%)18.023.37.54.86净负债比率%)44.5-50.6-56.663.968.8授资损失69流动比率4.03.010.410.417.2-50-23速动比率3.12.48.38.614.8其他经营现金流859034-132-115-551.01.21.11.0资本支出12754419.514.00.00.00.0-501000应付寒款周转率7.314.10.00.0其他授资现金流920413923300.792.613023.423.7200000.922.542473.24332长期借款000005.81834113714.691828253000131000P/E39.712.010.49.2其他筹资现金流17512330P/B5.43.82.82.11.7100166229305331EV/EBITDA28.78.86.95.543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2/4