附：财务预测摘要2021A2022A2023E2024E2025E2021A2022A2023E2024E2025E2512279731183327393217261988278832653743115513521550营业成本130516002219256629182294120营业税金及附加13182124其他应收款25>19や3137预付寒款46891001211337982120134146存货7311016140713951792研发费用505577104其他流动资产681451451451451101327795901193127613405929-30-35391151321412733固定资产480726806867312-11无形资产52515151181719其他非流动资产1572962872820330737874311460252732202004956321180158816542003营业外收入0000210317138013751766营业外支出1044应付票据及应付寒款27432000210196302395其他流动负债148543207279237所得税29285771349129133122108181168258338420300757953少数股东损益01771100其他非流动负债5054541811512122673199811309172017762111EBITDA27725539553264926128175246346EPS(元)0.620.520.730.911.09股本2292292292126712671267126712672021A2022A2023E2024E2025E7127759081028115423002350241625812816营业收入%)18.215.140.317.114.633073787431146025273향业利润(%)58.1-9.153.130.324.056.9-17.040.626.119.724.419.520.421.422.010.58.49.310.311.22021A2022A2023E2024E2025EROE(%)7.86.810.012.013.3135-11150389ROIC(%)14.29.412.417.217.9净利润1811682583384205960668610229.734.639.38.640.01027净负债比率%)-12.3-4.04.710.0-17-14-16-19流动比率4.02.402.02.0-168-400-35657454速动比率2.61.41.01.01.0其他经营现金流69691513-55818-271-165-1590.50.60.70.70.8资本支出761632601601587.36.20.00.00.0497226999应付寒款周转率7.37.015.00.00.0其他授资现金流153>-75104446-135-1230.620.520.730.911.09107106353910.46-0.380.051.72030300-2254-147.888058288.849.65000000000P/E19.923.917.013.511.3其他筹资现金流222-1513-118499P/B1.61.51.51.41.3-50115-732203-193EV/EBITDA10.113.19.76.96.1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