民生证券INSHENG SECURITIES文灿股份(603348)/汽车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5230638178489648成长能力(%)营业成本4264523263697830营业收入增长率27.1822.0222.9922.94营业税金及附加283529EBT增长率90.5335.7340.1824.70销售费用757786106净利润增长率144.5048.0450.0530.62管理费用281351424521盈利能力(%)研发费用160198235289毛利率18.4718.0018.8518.84EBIT387525736918净利润率4.545.516.727.15财务费用7088105111总资产收益率ROA3234.135.376.21资产减值损失-46-45-41净资产收益率ROE7.8010.3013.5315.19投资收益000偿债能力314387580758流动比率0.870.880.92营业外收支-50000速动比率0.580.600.640.70利润总额264387580758现金比率0.140.150.180.20所得税263569资产负债率(%)58.5559.9360.2859.16净利润238352528689经营效率归属于母公司净利润238352528689应收账款周转天数90.4797.1097.1097.10EBITDA78796612501505存货周转天数61.9264.3364.3364.33总资产周转率0.790.800.860.92资产负债表（百万元）2022A2023E2024E2025E每股指标（元）4596038601057每股收益0.901.332.002.62应收账款及票据1317170821012583每股净资产11.5612.9614.8017.2227283442每股经营现金流2.202.513.874.7372387610771339每股股利0.150.160.200.26其他流动资产244243255270估值分析流动资产合计2771345843285290PE54362419长期股权投资0000PB4.23.8332.8固定资产2558279830083214EV/EBITDA18.8215.3311.849.83无形资产395392388383股息收益率(%)0.310.330.410.54非流动资产合计4580506654925819资产合计73518524982011109短期借款931133116311631现金流量表（百万元）2022A2023E2024E2025E应付账款及票据1543161619672418净利润238352528689其他流动负债70498011021257折旧和摊销400441514588流动负债合计3177392746995306营运资金变动-142-263-187-202长期借款788827867907经营活动现金流58066210201247其他长期负债339355353358资本开支-956-907-946-921非流动负债合计1127118212211265投资0000负债合计4304510959206571投资活动现金流-973股本2642642642649000少数股东权益000036346233945股东权益合计3047341539014537筹资活动现金流254399184-130负债和股东权益合计73518524982011109现金净流量-129143258197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