华鑫证券资产负债表2022A2023E2024E2025E2022A2023E2024E2025E4,9285.2905.6275.928现金及现金等价物6.7137.3208.0128.744营业成本2,8372.9263.0373.167应收款24303132营业税金及附加439466490510存货1.8031.8581.934销售费用738788833871其他流动资产370403428442管理费用340360377391流动资产合计8.9109.61110.35511,153财务费用-226-165-184-204非流动资产：研发费用166175180184金融类资产293323343353费用合计1,0171.1581,2061,242固定资产2.6802.7522.6682.530资产减值损失000在建工程4171676727公允价值变动无形资产1.3711.3021.2341.168000007088109631,079其他非流动资产569569569569加：营业外收入254非流动资产合计5.0374.7904.5384.295减：营业外支出资产总计13.94614.40114.89315.4477068129651,081所得税费用101115136151短期借款9921.0021.0101.015606696829930应付账款、票据516557570584少数股东损益71011其他流动负债1.1651.1651.1651.165598688819918流动负债合计3.3093.3773.4083.447非流动负债：主要财务指标2022A2023E2024E2025E长期借款000成长性其他非流动负债968968968968营业收入增长率8.6%7.3%6.4%5.4%非流动负债合计968968968968-2.1%15.0%19.1%12.1%负债合计4.2774.3454.3764.41542.4%44.7%46.0%46.6%股本2,2132.2132,2132.213四项费用/营收20.6%21.9%21.4%21.0%股东权蓝9.66910.05610.51711,03312.3%13.2%14.7%15.7%负债和所有者权益13.94614.40114.89315.447ROE6.2%6.8%7.8%8.3%偿债能力现金流量表2022A2023E2024E2025E资产负债率30.7%30.2%29.4%28.6%净利润606696829930营运能力少数股东权益81011总资产周转率0.40.40.40.4折旧排销282247249240应收账款周转车209.3173.8182.5182.5公允价值变动689存货周转率1.61.81.91.9营运资金变动-310-8-23经营活功现金净流量59295210881166EPS0.270.310.370.41投资活动现金净流量-461149163168P/E32.428.223.621.1筹资活动现金净流量476-300-361-408P/S3.93.73.43.3现金流量净额607801890926P/B2.01.91.91.8请阅读最后一页重要免责声明诚信、专业、稳健、高效