> 数据图表谁能回答5.1 盈利预测2025-8-55.1 盈利预测图表:2025-2027年顺丰控股盈利预测的核心假设2022A2023A2024A2025E2026E2027E营业收入(亿元)2674.902584.092844.203177.643503.703824.12同比(%)-3.4%10.1%11.7%10.3%9.1%其中:速运物流(亿元)1742.141911.492057.832304.772543.552777.55同比(%)单量(亿单)同比(%)9.7%7.7%12.0%10.4%9.2%110.70119.00133.30170.62211.57253.897.5%12.0%28.0%24.0%20.0%单票收入(元/单)15.7416.0615.4413.5112.0210.94同比(%)2.1%-3.9%-12.5%-11.0%-9.0%其中:供应链及其他(亿元)932.77672.60786.37872.87960.151046.57同比(%)-27.89%16.91%11.0%10.0%9.00%营业成本(亿元)2340.722252.742448.102737.063017.823293.76毛利率(%)12.49%12.82%13.93%13.86%13.87%13.87%其中:速运物流(亿元)1506.771649.421750.191960.212163.292362.31毛利率(%)13.51%13.71%14.95%14.95%14.95%14.95%其中:供应链及其他(亿元) 833.95603.31697.91776.85854.54931.45毛利率(%)10.59%10.30%11.25%11.00%11.00%11.00%资料来源:wind,华西证券研究所29华西证券综合其他