附：财务预测摘要2021A2022A2023E2024E2025E2021A2022A2023E2024E2025E481547335168683084634048477150896049654616133501449459147712营业成本3110400433393443368963737000营业税金及附加1224其他应收款3872598265135111120预付寒款1016122115127166185196218存货503547575研发费用2738384749其他流动资产19882612612612613-161-71123617331898195731-38394751189222255288100固定资产68269672785587358140无形资产176243269301334-200其他非流动资产22248746100605164306901872810420713647142123012562739701217381243营业外收入343400000营业外支出43800应付票据及应付寒款332331000703643145523352596其他流动负债407370217381243所得税1671583535616272419191953648611021774196900000少数股东损益0000其他非流动负债2419191919536486110217741969763720236400262EBITDA76564914342297252000000EPS(元)0.880.801.802.91323股本610610610610610160015531553155315532021A2022A2023E2024E2025E32003582446357947297528857106665832810158营业收入%)48.817.86.78.2605164306901872810420향业利润(%)150.3-9.2119.561.911.4141.7-9.4126.961.011.023.216.134.443.143.613.210.221.629.330.12021A2022A2023E2024E2025EROE(%)10.18.516.521.319.4243629126017792052ROIC(%)29.523.260.187.595.9净利润5364861102177419691109811812712.611.24.62.53-161-71净负债比率%)-30.1-61.0-70.8-75.71200流动比率6.517.934.8-41390-6929速动比率5.85.922.116.333.0其他经营现金流610233-9101242-135-2830.70.80.7资本支出1434291022501539.49.50.00.0-776166233-33-33应付寒款周转率28.221.728.0.00.0其他授资现金流8900-233-22-131-680.880.801802.9100000.402.062.913.36000008.669.3510.9213.6416.6400000000P/E30.533.714.99.28.3其他筹资现金流-23325-131-68P/B3.12.92.52.01.6-916191599314201798EV/EBITDA16.919.68.24.53.4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