1 ◆ ◆ ◆ ◆ ◆ ◆ 利润表（百万元）2022A2023E2024E2025E 营业收入1576.742276.113196.194479.48 减:营业成本806.321163.421639.022318.21 营业税金及附加5.615.617.8711.04 销售费用138.15177.54242.91335.96 管理费用130.34172.98239.71335.96 财务费用-31.582.9014.4235.21 资产减值损失-16.99-32.20-45.22-63.38 加:投资收益-5.211.031.031.03 公允价值变动损益0.000.000.000.00 其他经营损益0.000.000.000.00 营业利润285.81378.10512.53668.07 加:其他非经营损益0.000.000.000.00 利润总额320.17413.76548.19703.73 减:所得税16.7628.6737.9848.76 净利润303.41385.09510.21654.97 减:少数股东损益60.6640.8254.0869.43 归属母公司股东净利润242.75344.27456.13585.54资产负债表（百万元）2022A2023E2024E2025E 货币资金1961.191889.172652.843717.97 应收账款和预付款项1462.432342.142675.963750.37 存货388.83669.36763.381016.20 其他流动资产10.508.3611.7516.46 长期股权投资53.34100.28177.21264.15 投资性房地产0.000.000.000.00 固定资产和在建工程126.74147.90176.50209.40 无形资产和开发支出372.09333.97291.93245.99 其他非流动资产176.53177.29173.04173.54 资产总计4645.485788.927053.359543.19 短期借款9.06418.20599.051525.30 应付账款和预收款项734.61860.401212.131714.43 长期借款8.096.044.042.27 其他负债84.4198.37110.58128.07 负债合计1289.792079.412841.304614.39 股本245.26365.44365.44365.44 资本公积2325.262255.082355.082555.08 留存收益642.50905.501253.961701.28 归属母公司股东权益3213.023526.023974.484621.80 少数股东权益142.67183.49237.57307.00 股东权益合计3355.693709.514212.054928.79 负债和股东权益合计4645.485788.927053.359543.19现金流量表（百万元）2022A2023E2024E2025E 经营活动现金流净额-28.91-325.38784.48322.64 投资活动现金流净额-490.31-69.56-77.56-8.56 筹资活动现金流净额1397.90322.9256.75751.05 现金流量净额878.68-72.02763.671065.13报表预测