首页行业分类金融证券证券2023-07-21-国金证券-振华风光-持续高增长,行业底部拐点将至
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2023-07-21-国金证券-振华风光-持续高增长,行业底部拐点将至

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2023-07-21-国金证券-振华风光-持续高增长,行业底部拐点将至
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国金证券扫码获取更多服务公司点评附录:三张报表预测摘要2020202120222023E2024E2025E2020202120222023E2024E2025E3617791,6602373,0093,56236073,99036.8应收款项4025398109531,269-116-131-176-280-4035671533516439291,15332.0%24.3%其他流动资产2487405575毛利2463726038911.2571.7046404.5495,2395.8616.84068.0%74.0%77.4%75.7%75.0%89.190.793.4%8.5%85.2%2-2-4-5-70000销售收入0.2%0.3%0.3%0.3%0.3%0.31213267201,146-23-29-4359-78-10224.7%5.8%6.4%5.9%5.5%5058222020管理费用-38-60-82-105-141-170非流动资产781192683677591,18410.6%12.0%9.0%8.5%7.5%10.%9.3%11.5%14.8%-25-141-191-2504.8179.311.0%16的263285025151592333875838421.174应付款项1963123616018491,16743.9%49.7%49.8%50.751.7%547105139-75970614367269791,3212.0%1.3%0.5%1177-31-13-12-42727242200000047763757829108041902386194,1944.6540.2%0.00.01502002002002001232163816409071,243未分配利润418231977948.9%54.6线54.73123219343营业外收支000007186076,6202163816409071,24334.2%43.0%48.9%54.654.7%-18-28-76-100-1182020202120222023E2024E2025E14.5%13.211.2511.8%1061883385648071,1251.9791.1791.5152.4503.5595.002011741244475412720.96923.26926.61031.306105177303490712-0.5070.140-1.1233.674262029.2%35.2%0.0000.0000.0000.1500.2180.30644.2228.58%7.2310.53%13.3715.982020202120222023E2024E2025E14.68%13.946.29%8.7410.75%12.47%106183385648071,12522.53%7.9010.471328%15.87%0111242723131640.59%38.97%55.05%36%417665.9644485-222-242-600119-302-24952.26%67.80%71.27%61.68%45.29%40.54%-71-21-22652415.50%76.77279.4416.40518.0821.19资本开支-21--145-138401-43601925183.5154.9150.01400他490.3703.61,029.8900.0850.0750.0-18-145-138-401-436315.4463.3525.0530.0525.0520.0020200048.342.832.730.4288-3-25-10其他-640-36-50-674.03%-68.43-63.27%21227-39-7522.034.7100.3-9.8-12.8-16.71615574911.9114.79%16.312