【中航证券】长盈通（688143）-2024年报&2025年一季报点评：收入高速增长创历史新高，积极进军新赛道-250512（10页）.pdf

1、 2 010-59219558 010-59562637 1 -30%-20%-10%0%10%20%30%40%50%60%70%24-0524-0724-1024-1225-0225-05300 2022024 4A A 2022025 5E E 2022026 6E E 2022027 7E E 1 2 3 4 5 5 6 6 21.25%21.57%19.79%-29.82%50.22%-40%-20%0%20%40%60%010020030040020202021202220232024-16.08%41.57%5.45%-80.72%15.28%-100%-50%0%50%0204

2、0608010020202021202220232024-20-200 02020404060608080202020202021202120222022202320232024202456.89%56.89%60.95%60.95%54.23%54.23%52.37%52.37%44.62%44.62%25.03%25.03%29.23%29.23%25.87%25.87%7.10%7.10%5.06%5.06%0%0%20%20%40%40%60%60%80%80%20202020202120212022202220232023202420240.01.02.03.04.020202021

3、2022202320240%20%40%60%80%100%20202021202220232024 报表预测报表预测单位:百万元单位:百万元会计年度会计年度2022202220232023202420242025E2025E2026E2026E2027E2027E利润表利润表 营业收入313.75220.18330.76430.10537.89640.05 减:营业成本143.60105.27183.19237.16303.80373.57 税金及附加2.211.191.412.582.692.56 主营业务利润 主营业务利润167.95113.72146.16190.36231.40263

4、.92 减:销售费用16.4817.5119.7417.2018.8319.20 管理费用43.2363.8767.9064.5275.3081.93 研发费用25.2233.5633.8838.7145.7251.20 财务费用-0.39-2.93-0.81 0.940.15-0.02 经营性利润 经营性利润83.411.7225.4569.0091.40111.61 加:资产减值损失-0.26-0.63-0.63-0.80-1.00-1.19 信用减值损失-6.44-10.29-20.17-18.38-22.99-27.35 其他经营损益0.000.000.000.000.000.00 投

5、资收益0.235.356.904.164.164.16 公允价值变动损益0.008.635.170.000.000.00 资产处置收益0.730.000.000.240.240.24 其他收益10.0814.429.4011.3011.3011.30 营业利润 营业利润87.7419.2026.1165.5183.1098.76 加:其他非经营损益0.000.000.000.000.000.00 营业外收入0.380.540.820.580.580.58 减:营业外支出0.015.6510.775.485.485.48 利润总额 利润总额88.1114.0916.1660.6178.2093.

6、86 减:所得税6.99-1.55-0.60-0.00-0.00-0.00 净利润 净利润81.1215.6316.7560.6178.2093.86 减:少数股东损益0.400.07-1.19-1.25-1.61-1.93 归属母公司股东净利润 归属母公司股东净利润80.7215.5617.9461.8579.8195.79资产负债表资产负债表 货币资金827.67214.81237.04123.36101.15102.23 交易性金融资产0.00511.92283.26283.26283.26283.26 应收票据70.0834.2535.2669.