老白干酒：季报点评：基地市场保持稳健增长，24年控费成效凸显-20250503

| | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业收入(百万元) | 5,257 | 5,358 | 5,605 | 5,851 | 6,080 | | 同比增长 (%) | 13.0% | 1.9% | 4.6% | 4.4% | 3.9% | | 营业利润(百万元) | 884 | 1,059 | 1,198 | 1,315 | 1,407 | | 同比增长 (%) | -5.4% | 19.8% | 13.1% | 9.8% | 7.0% | | 归属母公司净利润(百万元) | 666 | 787 | 890 | 977 | 1,051 | | 同比增长 (%) | -5.9% | 18.2% | 13.1% | 9.7% | 7.6% | | 每股收益（元） | 0.73 | 0.86 | 0.97 | 1.07 | 1.15 | | 毛利率(%) | 67.2% | 65.9% | 66.6% | 67.2% | 67.6% | | 净利率(%) | 12.7% | 14.7% ...