民生证券INSHENG SECURITIES索通发展(603612)/金属公司财务报表数据预测汇总2022A2023E2024E2025E主要财务指标2022A2023E2024E2025E营业总收入19401187252467830087成长能力(%)营业成本16833170602150025885营业收入增长率105.12-3.4831.7921.92营业税金及附加87112148173EBT增长率44.49-50.33145.8641.60销售费用5294148154净利润增长率45.99-8264595.1040.74管理费用235337444512盈利能力(%)研发费用231281370436毛利率13.238.8912.8813.97EBIT169384120672927净利润率6.061.095.987.10财务费用191214240290总资产收益率ROA5.220.794.806.04资产减值损失-222-402-1净资产收益率ROE16.612.2213.8516.94投资收益-30000偿债能力147326318752689流动此率1.441.541.61营业外收支-14速动比率0.790.830.780.82利润总额145925518692683现金比率0.370.390.290.24所得税28451392548资产负债率(%)57.8754.6855.2353.01净利润117520414762136经营效率归属于母公司净利润90515710921538应收账款周转天数43.8446.0046.0045.64EBITDA2176140327143655存货周转天数101.02120.00118.40116.04总资产周转率1.120.951.091.18资产负债表（百万元）2022A2023E2024E2025E每股指标（元）2988320626172273每股收益1.670.292.022.84应收账款及票据2330236031103762每股净资产10.0713.0614.5816.78537512645785每股经营现金流-0.630.870.472.114659520969748229每股股利0.200.080.500.65其他流动资产1098121213821780估值分析流动资产合计11611124991472816829PE10606长期股权投资23PB1.71.3121.0固定资产4368492454595956EV/EBITDA6.6310.606.104.77无形资产429466501539股息收益率(%)1.150.482.883.73非流动资产合计5743730080088637资产合计17354197992273625465短期借款5728566560455993现金流量表（百万元）2022A2023E2024E2025E应付账款及票据1286140218542145净利润117520414762136其他流动负债1062105512551359折旧和摊销483562647728流动负债合计8075812291549498营运资金变动-2543-960-2167-2049长期借款1723242331233723经营活动现金流4722521141其他长期负债245280280280资本开支-950-2129-1362-1363非流动负债合计1968270334034003投资-501-1负债合计10043108251255713500投资活动现金流-2129-1363-1363股本461541541541983150400少数股东权益186219092293289126716721080547股东权益合计731189741017911965筹资活动现金流24511876522-122负债和股东权益合计17354197992273625465现金净流量505218-344资料来源：公司公告、民生证券研究亮预测本公司具备证券投资咨询业务资格，请务必阅读最后一页免责声明证券研究报告