中商官网
研究报告
ST海王（000078）
主要经济指标
| 类别\年份 | 营业收入 （元) |
营业利润 （元) |
利润总额 （元) |
净利润 （元) |
资产总计 （元) |
负债合计 （元) |
股东权益合计 （元) |
| 1995 | 49824600.0000 | 10930700.0000 | 11472500.0000 | 11472500.0000 | 82527600.0000 | 30373900.0000 | 52153700.0000 |
| 1996 | 77829000.0000 | 18511000.0000 | 18513500.0000 | 18513500.0000 | 123000000.0000 | 66856500.0000 | 56144900.0000 |
| 1997 | 62673300.0000 | 17627200.0000 | 18426900.0000 | 18332100.0000 | 146000000.0000 | 87999000.0000 | 57626800.0000 |
| 1998 | 64476700.0000 | 25564700.0000 | 29148600.0000 | 24661500.0000 | 230000000.0000 | 52888900.0000 | 177000000.0000 |
| 1999 | 88391700.0000 | 26292300.0000 | 35807400.0000 | 31286900.0000 | 642000000.0000 | 437000000.0000 | 206000000.0000 |
| 2000 | 199000000.0000 | 60196400.0000 | 60984900.0000 | 54983600.0000 | 787000000.0000 | 622000000.0000 | 165000000.0000 |
| 2001 | 765000000.0000 | 52785500.0000 | 103000000.0000 | 112000000.0000 | 3044000000.0000 | 1069000000.0000 | 1975000000.0000 |
| 2002 | 829000000.0000 | 49900600.0000 | 62787900.0000 | 45868600.0000 | 3429000000.0000 | 1366000000.0000 | 2063000000.0000 |
| 2003 | 1457000000.0000 | 18144800.0000 | 22044900.0000 | 13913100.0000 | 4029000000.0000 | 2356000000.0000 | 1674000000.0000 |
| 2004 | 2322000000.0000 | 23798700.0000 | 35528500.0000 | 31955900.0000 | 3782000000.0000 | 2099000000.0000 | 1683000000.0000 |
| 2005 | 2658000000.0000 | -648000000.0000 | -737000000.0000 | -736000000.0000 | 3986000000.0000 | 3181000000.0000 | 805000000.0000 |
| 2006 | 2697000000.0000 | -15935300.0000 | 19059900.0000 | 20339400.0000 | 3542000000.0000 | 2700000000.0000 | 843000000.0000 |
| 2007 | 2495000000.0000 | 13238500.0000 | 48597500.0000 | 27684400.0000 | 3103000000.0000 | 2218000000.0000 | 885000000.0000 |
| 2008 | 2255000000.0000 | -74333800.0000 | -16377200.0000 | -20240300.0000 | 2778000000.0000 | 1997000000.0000 | 781000000.0000 |
| 2009 | 2710000000.0000 | -37818600.0000 | -3614500.0000 | 611300.0000 | 3165000000.0000 | 2472000000.0000 | 693000000.0000 |
| 2010 | 3999000000.0000 | 83663500.0000 | 108000000.0000 | 55276200.0000 | 4148000000.0000 | 3245000000.0000 | 903000000.0000 |
| 2011 | 5305000000.0000 | 72953300.0000 | 99993000.0000 | 61892100.0000 | 4835000000.0000 | 3864000000.0000 | 971000000.0000 |
| 2012 | 6418000000.0000 | 78335900.0000 | 108000000.0000 | 101000000.0000 | 5864000000.0000 | 4807000000.0000 | 1057000000.0000 |
| 2013 | 7993000000.0000 | 88749900.0000 | 348000000.0000 | 229000000.0000 | 8019000000.0000 | 6131000000.0000 | 1888000000.0000 |
| 2014 | 9802000000.0000 | 154000000.0000 | 157000000.0000 | 83627900.0000 | 9632000000.0000 | 7849000000.0000 | 1783000000.0000 |
| 2015 | 11118000000.0000 | 623000000.0000 | 629000000.0000 | 518000000.0000 | 12762000000.0000 | 10619000000.0000 | 2143000000.0000 |
| 2016 | 13606000000.0000 | 647000000.0000 | 654000000.0000 | 499000000.0000 | 16661000000.0000 | 10784000000.0000 | 5878000000.0000 |
| 2017 | 24940000000.0000 | 1248000000.0000 | 1157000000.0000 | 824000000.0000 | 30864000000.0000 | 24394000000.0000 | 6470000000.0000 |
| 2018 | 38381000000.0000 | 1028000000.0000 | 1055000000.0000 | 730000000.0000 | 41127000000.0000 | 33968000000.0000 | 7158000000.0000 |
| 2019 | 41493000000.0000 | 929000000.0000 | 876000000.0000 | 515000000.0000 | 41168000000.0000 | 33318000000.0000 | 7851000000.0000 |
| 2020 | 40022000000.0000 | 317000000.0000 | 267000000.0000 | -41288000.0000 | 39721000000.0000 | 32231000000.0000 | 7490000000.0000 |
| 2021 | 41054000000.0000 | 561000000.0000 | 576000000.0000 | 258000000.0000 | 37604000000.0000 | 30296000000.0000 | 7308000000.0000 |
| 2022 | 37835000000.0000 | -855000000.0000 | -853000000.0000 | -991000000.0000 | 36254000000.0000 | 30142000000.0000 | 6112000000.0000 |
| 2023 | 36419000000.0000 | -1468000000.0000 | -1458000000.0000 | -1719000000.0000 | 32305000000.0000 | 28087000000.0000 | 4217000000.0000 |
| 2024 | 30317000000.0000 | -1063000000.0000 | -1082000000.0000 | -1167000000.0000 | 28798000000.0000 | 25955000000.0000 | 2844000000.0000 |
| 2025 | 26668000000.0000 | -505000000.0000 | -499000000.0000 | -553000000.0000 | -- | -- | -- |
盈利能力分析
| 类别\年份 | 销售毛利率 （%) |
营业利润率 （%) |
总资产利润率 （%) |
净资产收益率 | 存货周转率 | 应收账款周转率 （次) |
总资产周转率 （次) |
| 1995 | 21.00 | 23.03 | 13.90 | 21.9000 | 3.1800 | 3.62 | 0.60 |
| 1996 | 23.21 | 23.79 | 15.05 | 31.2000 | 3.7600 | 4.12 | 0.63 |
| 1997 | 27.58 | 29.40 | 12.62 | 31.7000 | 2.7000 | 2.01 | 0.43 |
| 1998 | 38.49 | 45.21 | 12.67 | 25.9700 | 2.3500 | 1.70 | 0.28 |
| 1999 | 29.02 | 40.51 | 5.58 | -- | 1.3900 | -- | 0.14 |
| 2000 | 39.20 | 30.65 | 7.75 | 27.9400 | 1.7700 | -- | 0.25 |
| 2001 | 11.37 | 13.46 | 3.38 | 4.9600 | 5.6400 | 2.91 | 0.25 |
| 2002 | 7.96 | 7.57 | 1.83 | 2.5200 | 3.7200 | 2.25 | 0.24 |
| 2003 | 2.95 | 1.51 | 0.55 | 0.6200 | 6.0200 | 2.34 | 0.36 |
| 2004 | 3.14 | 1.53 | 0.94 | 1.3700 | 6.6800 | 3.31 | 0.61 |
| 2005 | -19.11 | -27.73 | -18.49 | -71.7200 | 7.5700 | 4.69 | 0.67 |
| 2006 | -3.23 | 0.71 | 0.54 | 5.9900 | 7.2400 | 4.97 | 0.76 |
| 2007 | -0.24 | 1.95 | 1.57 | 5.4200 | 7.5600 | 4.34 | 0.80 |
| 2008 | -5.28 | -0.73 | -0.59 | 3.2200 | 7.6100 | 4.36 | 0.81 |
| 2009 | -1.14 | -0.13 | -0.11 | 1.8300 | 7.8000 | 4.72 | 0.86 |
| 2010 | 1.83 | 2.70 | 2.60 | 7.0500 | 8.0800 | 4.77 | 0.96 |
| 2011 | 1.92 | 1.88 | 2.07 | 6.8400 | 7.6600 | 3.91 | 1.10 |
| 2012 | 1.22 | 1.68 | 1.84 | 7.2200 | 7.9800 | 3.29 | 1.09 |
| 2013 | 1.10 | 4.35 | 4.34 | 8.8300 | 8.6800 | 2.97 | 1.00 |
| 2014 | 1.50 | 1.60 | 1.63 | 1.5500 | 9.0000 | 2.66 | 1.02 |
| 2015 | 2.16 | 5.66 | 4.93 | 28.1600 | 9.1800 | 2.34 | 0.87 |
| 2016 | 4.70 | 4.81 | 3.93 | 11.8700 | 9.0800 | 2.16 | 0.82 |
| 2017 | 5.04 | 4.64 | 3.75 | 11.5500 | 8.8700 | 2.35 | 0.81 |
| 2018 | 1.81 | 2.75 | 2.57 | 7.2500 | 9.1600 | 2.33 | 0.93 |
| 2019 | 1.64 | 2.11 | 2.13 | 3.3400 | 9.3700 | 2.24 | 1.01 |
| 2020 | 0.48 | 0.67 | 0.67 | -4.7200 | 9.2700 | 2.30 | 1.01 |
| 2021 | 1.09 | 1.40 | 1.53 | 1.5700 | 9.5200 | 2.30 | 1.09 |
| 2022 | -2.20 | -2.25 | -2.35 | -19.3500 | 8.5300 | 2.00 | 1.04 |
| 2023 | -4.04 | -4.00 | -4.51 | -43.9400 | 8.3500 | 2.01 | 1.13 |
| 2024 | -3.71 | -3.57 | -3.76 | -50.7100 | 7.6600 | 1.86 | 1.05 |
| 2025 | -2.10 | -1.87 | -- | -- | -- | -- | -- |
偿债能力分析
| 类别\年份 | 资产负债率 （%) |
股东权益比率 （%) |
流动比率 | 速动比率 |
| 1995 | 36.80 | 63.20 | 1.8800 | 1.6200 |
| 1996 | 54.35 | 45.65 | 0.8500 | 0.7700 |
| 1997 | 60.27 | 39.47 | 0.7500 | 0.6200 |
| 1998 | 23.00 | 76.96 | 2.8600 | 2.7000 |
| 1999 | 68.07 | 32.09 | 0.4700 | 0.4100 |
| 2000 | 79.03 | 20.97 | 0.6300 | 0.5900 |
| 2001 | 35.12 | 64.88 | 1.9400 | 1.7300 |
| 2002 | 39.84 | 60.16 | 1.7500 | 1.5500 |
| 2003 | 58.48 | 41.55 | 1.2100 | 1.0200 |
| 2004 | 55.50 | 44.50 | 1.3300 | 0.9400 |
| 2005 | 79.80 | 20.20 | 0.9600 | 0.6900 |
| 2006 | 76.23 | 23.80 | 0.9700 | 0.7100 |
| 2007 | 71.48 | 28.52 | 1.0200 | 0.8000 |
| 2008 | 71.89 | 28.11 | 1.0000 | 0.7600 |
| 2009 | 78.10 | 21.90 | 0.8200 | 0.6300 |
| 2010 | 78.23 | 21.77 | 0.9300 | 0.7500 |
| 2011 | 79.92 | 20.08 | 1.0000 | 0.8000 |
| 2012 | 81.97 | 18.03 | 0.9800 | 0.8000 |
| 2013 | 76.46 | 23.54 | 1.0800 | 0.9000 |
| 2014 | 81.49 | 18.51 | 1.0200 | 0.8500 |
| 2015 | 83.21 | 16.79 | 1.0700 | 0.9400 |
| 2016 | 64.73 | 35.28 | 1.3500 | 1.1700 |
| 2017 | 79.04 | 20.96 | 1.1000 | 0.9100 |
| 2018 | 82.59 | 17.40 | 1.1000 | 0.8900 |
| 2019 | 80.93 | 19.07 | 1.0900 | 0.9300 |
| 2020 | 81.14 | 18.86 | 1.0600 | 0.8900 |
| 2021 | 80.57 | 19.43 | 1.0600 | 0.9000 |
| 2022 | 83.14 | 16.86 | 1.0600 | 0.8600 |
| 2023 | 86.94 | 13.05 | 1.0400 | 0.8700 |
| 2024 | 90.13 | 9.88 | 1.0100 | 0.8500 |
| 2025 | -- | -- | -- | -- |
成本费用分析
| 类别\年份 | 营业成本 （元) |
销售费用 （元) |
管理费用 （元) |
财务费用 （元) |
| 1995 | 39360000.0000 | 12973900.0000 | 4974200.0000 | 530200.0000 |
| 1996 | 59768700.0000 | 31024500.0000 | 7391300.0000 | 1164800.0000 |
| 1997 | 45390500.0000 | 15383300.0000 | 10782700.0000 | 2885500.0000 |
| 1998 | 39658700.0000 | 11625300.0000 | 10652000.0000 | 67400.0000 |
| 1999 | 62744800.0000 | 24739300.0000 | 11612300.0000 | 5680000.0000 |
| 2000 | 121000000.0000 | 32878200.0000 | 20556000.0000 | 24619200.0000 |
| 2001 | 678000000.0000 | 310000000.0000 | 100000000.0000 | 27325400.0000 |
| 2002 | 763000000.0000 | 360000000.0000 | 137000000.0000 | 31647900.0000 |
| 2003 | 1414000000.0000 | 323000000.0000 | 103000000.0000 | 59401600.0000 |
| 2004 | 2249000000.0000 | 278000000.0000 | 74566700.0000 | 63683600.0000 |
| 2005 | 3166000000.0000 | 227000000.0000 | 447000000.0000 | 76979700.0000 |
| 2006 | 2784000000.0000 | 177000000.0000 | 208000000.0000 | 84806600.0000 |
| 2007 | 2501000000.0000 | 149000000.0000 | 157000000.0000 | 95541300.0000 |
| 2008 | 2374000000.0000 | 204000000.0000 | 160000000.0000 | 82481100.0000 |
| 2009 | 2741000000.0000 | 238000000.0000 | 166000000.0000 | 69125700.0000 |
| 2010 | 3926000000.0000 | 273000000.0000 | 208000000.0000 | 97198600.0000 |
| 2011 | 5203000000.0000 | 400000000.0000 | 235000000.0000 | 120000000.0000 |
| 2012 | 6340000000.0000 | 422000000.0000 | 296000000.0000 | 157000000.0000 |
| 2013 | 7905000000.0000 | 572000000.0000 | 340000000.0000 | 163000000.0000 |
| 2014 | 9655000000.0000 | 644000000.0000 | 392000000.0000 | 189000000.0000 |
| 2015 | 10878000000.0000 | 639000000.0000 | 467000000.0000 | 254000000.0000 |
| 2016 | 12966000000.0000 | 705000000.0000 | 458000000.0000 | 199000000.0000 |
| 2017 | 23683000000.0000 | 1248000000.0000 | 664000000.0000 | 350000000.0000 |
| 2018 | 37685000000.0000 | 1771000000.0000 | 1175000000.0000 | 922000000.0000 |
| 2019 | 40812000000.0000 | 1893000000.0000 | 1203000000.0000 | 1216000000.0000 |
| 2020 | 39831000000.0000 | 1663000000.0000 | 1063000000.0000 | 959000000.0000 |
| 2021 | 40605000000.0000 | 1532000000.0000 | 1178000000.0000 | 876000000.0000 |
| 2022 | 38666000000.0000 | 1518000000.0000 | 1162000000.0000 | 931000000.0000 |
| 2023 | 37890000000.0000 | 1390000000.0000 | 1150000000.0000 | 946000000.0000 |
| 2024 | 31442000000.0000 | 1190000000.0000 | 1053000000.0000 | 809000000.0000 |
| 2025 | 27228000000.0000 | 926000000.0000 | 882000000.0000 | 625000000.0000 |