首页行业分类金融证券证券2023-05-30-西南证券-星宇股份-Q1业绩承压,静待行业企稳
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2023-05-30-西南证券-星宇股份-Q1业绩承压,静待行业企稳

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2023-05-30-西南证券-星宇股份-Q1业绩承压,静待行业企稳
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星宇股份(601799)2023年一季报点评2022A2023E2024E2025E2022A2023E2024E2025E8247.999697.3912031.6813840.43941.421184.681630.311923.95营业成本6386.907495.419190.9810509.01折旧与摊销372.35239.90249.40258.90营业税金及附加43.4751.1163.4272.95-12.56-7.37-11.95销售货用118.91139.80173.45199.53-20.960.000.000.00246.92775.79878.311010.35经营营运黄本变动224.63181.23.344.35-172.09财务货用-12.567.37-11.95-16.92其他352.74-76.57-62.87-68.14-20.960.000.000.001408.361521.871460.551925.690.000.000.000.00-481.11-200.00-200.00-200.0085.5182.5684.7284.13.532.59101.98104.14103.55其他经营损益0.000.000.000.00-1013.69-98.02-95.86-96.451053.981325.221822.192149.640.000.000.000.00-4.064.06-4.06-4.060.000.000.000.001049.921321.161818.132145.580.000.000.000.00所得税108.50136.48187.81221.64支付股利-314.25-282.43-355.40-489.09941.421184.681630.311923.95-6.77223.85242.48247.450.000.000.000.00-321.02-58.58.112.93-241.65941.421184.681630.311923.9587.981365.271251.761587.602022A2023E2024E2025E2022A2023E2024E2025E1489.142854.414106.175693.77成长能力应收和预付款项2526.342811.173530.554073.54销售收入增长率4.28%17.57%24.07%15.03%存货2326.072534.553171.163646.26-244%25.73%37.50%17.97%2636.252642.392645.572648.80-0.84%25.84%37.62%18.01%0.000.000.000.00BTDA增长率1.21%10.18%32.22%16.12%0.000.000.000.00固定资产和在建工程3270.853283.513286.683280.3422.56%22.71%23.61%24.07%无彩资产和开发支出439.73397.95356.18314.404.28%9.37%8.64%8.62%548.30518.08487.87457.66净刹率11.41%12.22%13.55%13.90%13236.6715042.0617584.1720114.78ROE11.05%12.58%15.25%15.87%0.000.000.000.00ROA7.11%7.88%9.27%9.56%4056.444748.725775.536631.94ROIC20.45%25.43%34.99%39.75%长期借款0.000.000.000.0017.14%16.06%17.12%17.28%其他负债658.51879.891120.281359.63负债合计4714.955628.616895.817991.570.660.690.740.73股本285.68285.68285.68285.683.453.624.485.154176.294176.294176.294176.296.616.827.226.884049.224951.486226.397661.24存货周转率2.933.043.183.058521.729413.4510688.3612123.21100.27%0.000.000.000.008521.729413.4510688.3612123.2135.62%37.42%39.22%39.73%13236.6715042.0617584.1720114.78带息债务总负债0.00%0.00%0.00%0.00%流动比率2.182.262.302.402022A2023E2024E2025E速动比率1.621.731.761.85EBITDA1413.771557.752059.642391.62股利支付率33.38%23.84%21.80%25.42%PE33.2126.3919.1816.253.673.322.932.583.304.155.716.73PS3.793.222.602.2629.8332.9537.4142.44EV/EBITDA18.9016.2911.729.44每股经营现金4.935.335.116.741.01%0.90%1.14%1.56%每股股利1.100.991.241.71请务必阅读正文后的重要声明部分