公司报告丨公司点评天风证券TF SECURITIES财务预测摘要202120222023E2024E2025E202120222023E2024E2025E货币资金204.185583546169854241499.211874.042479.023,110.57245497928955854营业成本1382251206121491.741.970782.47170130946524041459营业税金及附加105813.1217352177存货282.0017626257323829743945销售费用16.1517.1618.7422312488其他322.4643614319033957468557.026843843302295.43研发费用54.75644678.7110164124420.000000.00财务费用12.70(3.19)固定资产202.92245.13217341895616178资产信用减值损失7.10在建工程7220.000000.00公允价值变动收益a72305(1440.00无形资产1022710054955990.648559(352)0.01)其他17.7998910411263其他11543.0384133020355.5632334292.83200.1512867190.2025920344.30428.051173.501,519.031825292,273462555583506054002.00194.090.00000营业外支出0100460295611764326917.0210103913157196.15427.76其他41.66233558871926527所得税11.7118123113385079692988.941075.6511987178.0323951314.710.000000000.000.00应付债券0.000.000000.0011987178.032395131471389.26其他18.0612.70820102512300941271.6720612.708.2010.25123082310522.0570734999.191087.950.000000000.00202120222023E2024E2025E140.00186.661886618866资本公积478.674786747867478574043%-823%2500%203.64331.64450.6260694640%47823628%2433%其他0.000.000000.00日属于母公司净利润1315%4852%3453%3140%998.971274271,519.031825292,27346255558毛利率1539%1953%2040%20.54%净利率734%1278%1269%12.51%ROE3421%2142%2470%2652%ROIC7636%3850%4279%1129瑞7137%202120222023E2024E2025E净利润11987178.03239513147139926资产负债率7014%3437%3975%20.733038327332733273净负债率1132%财务费用122237.48流动比率1052282152.00213投资损失3520010.01速动比率194173营运资金变动3.452029116593其它144)0000.004975414.77460441142382550.74存货周转率654R7.74756资本支出82.73450总资产周转率162111112121129长期投资0.000.000000000.00其他(164510(45783451)2042.040941271.67206(0.00)0.01)-0.191042340.13292(1629☑37.9137725.936.757.78500☑428.9711854)(19590其他47.050000.000.00市盈率322321701228993130.00市净率11.033883463.032630.000000.000.008519.0162412557858354.17392559769.96资料来源：公司公告，天风证券研究所请务必阅读正文之后的信息披露和免责申明