浙商证券白云机场(600004)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)2022A2023E2024E2025E(百万元)2022A2023E2024E2025E34844952649673413971640584159606现金2227300040004597营业成本4929545057635981交易性金融资严0000营业税金及附加100126174210应收账项90214882011226672838486其它应收款45567593319448505528预付账款111717研发货用467497111存货60677274财务货用112(5)3(19)其他2393243192946(19)(23)(13)非流动资产23456222412363124521公允价值变动损益00000000投资净收益104104104104长期投资591531556559其他经营收益6179666918651181871802917848(1449)43019812894335269200132营业外收支3在建工程61188919113129(1446)43319842897其他3268236529352853所得税(354(29)32532926941271943012731862(1092)463165925686916728580867376(21)(31)(48)短期借款04069123(1071)47116912616应付款项875855578479EBITDA23166932854242预收账款124919348EPS(最新摊薄)(0.450.200.711.11其他5917593365036846非流动贞债2616203725112388主要财务比率长期借款00002022A2023E2024E2025E其他2616203725112388成长能力95329322105969764营业收入-23.34%61.29%31.38%14.16%218209178130营业利润207.33%129.67%360.77%46.07%归属母公司股东权益17191176621935221968归属母公司净利润258.68%54.75%26941271943012731862毛利率-24.12%14.91%31.51%37.74%现金流量表净利率27.49%7.22%19.72%26.73%(百万元)2022A2023E2024E2025EROE-5.95%2.67%9.04%12.57%869126824573743ROIC5.60%2.22%723%10.40%净利润(1092)46316592568折旧摊销1502124913051371资产负债率35.38%34.28%35.17%30.64%财务货用112(5)(19)净负债比率2.61%6.29%10.88%2.32%投资损失(104)(104)(104(104)流动比率0.500.680.801.001373(593)(295(22)0.500.670.790.99其它(924)258(111)(51)(808)(830)(2022(2240)总资产周转率0.150.240.290.31826(1002)(2107)(2345)应收账款周转率3.655.424.914.61长期投资(46)60(4)应付账款周转率5.986.388.0811.34其他(1588)112110109598335565(906)-0.450.200.711.11短期借款0406506(909)0.370.541.041.58长期借款00007267.468.189.28其他598(71)596587731000597P/E-312971.1019.8212.81P/B1.951.901.731.53EV/EBITDA1555.4519.9010.117.43http://www.stocke.com.cn请务必阅读正文之后的免责条款部分