中商官网
研究报告
云南白药（000538）
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) |
| 1990 | 32932600.0000 | 9336100.0000 | 9336100.0000 | 7194300.0000 | 55717700.0000 | 33859200.0000 | 21858500.0000 |
| 1991 | 37260700.0000 | 7518400.0000 | 7567600.0000 | 3992600.0000 | 59415500.0000 | 26819900.0000 | 32595600.0000 |
| 1992 | 44851300.0000 | 10002900.0000 | 9940500.0000 | 6365500.0000 | 63192800.0000 | 28083100.0000 | 35109700.0000 |
| 1993 | 58364400.0000 | 16017700.0000 | 16064100.0000 | 13240300.0000 | 176000000.0000 | 12042100.0000 | 164000000.0000 |
| 1994 | 59465100.0000 | 28045900.0000 | 28010400.0000 | 23804300.0000 | 201000000.0000 | 16829900.0000 | 184000000.0000 |
| 1995 | 78967400.0000 | 20903000.0000 | 20656600.0000 | 17580100.0000 | 246000000.0000 | 45359900.0000 | 201000000.0000 |
| 1996 | 93394900.0000 | 28143500.0000 | 28108600.0000 | 23901500.0000 | 259000000.0000 | 49000600.0000 | 210000000.0000 |
| 1997 | 132000000.0000 | 32895500.0000 | 31920100.0000 | 26720000.0000 | 315000000.0000 | 67478800.0000 | 248000000.0000 |
| 1998 | 165000000.0000 | 43263400.0000 | 42070400.0000 | 32606600.0000 | 352000000.0000 | 72186400.0000 | 280000000.0000 |
| 1999 | 232000000.0000 | 45340800.0000 | 45207100.0000 | 37147300.0000 | 762000000.0000 | 353000000.0000 | 409000000.0000 |
| 2000 | 795000000.0000 | 60177600.0000 | 59499200.0000 | 52597000.0000 | 793000000.0000 | 365000000.0000 | 428000000.0000 |
| 2001 | 900000000.0000 | 84268300.0000 | 81716800.0000 | 80837100.0000 | 844000000.0000 | 370000000.0000 | 474000000.0000 |
| 2002 | 1101000000.0000 | 119000000.0000 | 118000000.0000 | 100000000.0000 | 921000000.0000 | 336000000.0000 | 585000000.0000 |
| 2003 | 1345000000.0000 | 133000000.0000 | 132000000.0000 | 119000000.0000 | 1046000000.0000 | 398000000.0000 | 648000000.0000 |
| 2004 | 1832000000.0000 | 212000000.0000 | 212000000.0000 | 177000000.0000 | 1271000000.0000 | 530000000.0000 | 740000000.0000 |
| 2005 | 2448000000.0000 | 278000000.0000 | 278000000.0000 | 235000000.0000 | 1601000000.0000 | 707000000.0000 | 894000000.0000 |
| 2006 | 3204000000.0000 | 333000000.0000 | 332000000.0000 | 279000000.0000 | 2189000000.0000 | 1045000000.0000 | 1144000000.0000 |
| 2007 | 4263000000.0000 | 391000000.0000 | 390000000.0000 | 332000000.0000 | 3040000000.0000 | 1538000000.0000 | 1501000000.0000 |
| 2008 | 5723000000.0000 | 529000000.0000 | 555000000.0000 | 464000000.0000 | 4937000000.0000 | 1751000000.0000 | 3187000000.0000 |
| 2009 | 7172000000.0000 | 692000000.0000 | 706000000.0000 | 609000000.0000 | 6005000000.0000 | 2375000000.0000 | 3630000000.0000 |
| 2010 | 10075000000.0000 | 1043000000.0000 | 1040000000.0000 | 926000000.0000 | 7633000000.0000 | 3218000000.0000 | 4415000000.0000 |
| 2011 | 11312000000.0000 | 1373000000.0000 | 1407000000.0000 | 1211000000.0000 | 9091000000.0000 | 3536000000.0000 | 5555000000.0000 |
| 2012 | 13815000000.0000 | 1795000000.0000 | 1830000000.0000 | 1583000000.0000 | 10804000000.0000 | 3686000000.0000 | 7118000000.0000 |
| 2013 | 15815000000.0000 | 2639000000.0000 | 2701000000.0000 | 2321000000.0000 | 12881000000.0000 | 3852000000.0000 | 9029000000.0000 |
| 2014 | 18814000000.0000 | 2830000000.0000 | 2910000000.0000 | 2497000000.0000 | 16341000000.0000 | 5046000000.0000 | 11295000000.0000 |
| 2015 | 20738000000.0000 | 3168000000.0000 | 3215000000.0000 | 2756000000.0000 | 19291000000.0000 | 5763000000.0000 | 13528000000.0000 |
| 2016 | 22411000000.0000 | 3326000000.0000 | 3398000000.0000 | 2931000000.0000 | 24587000000.0000 | 8743000000.0000 | 15844000000.0000 |
| 2017 | 24315000000.0000 | 3621000000.0000 | 3622000000.0000 | 3133000000.0000 | 27703000000.0000 | 9560000000.0000 | 18143000000.0000 |
| 2018 | 27017000000.0000 | 3703000000.0000 | 3697000000.0000 | 3480000000.0000 | 53948000000.0000 | 13943000000.0000 | 40006000000.0000 |
| 2019 | 29665000000.0000 | 4743000000.0000 | 4726000000.0000 | 4173000000.0000 | 49658000000.0000 | 11558000000.0000 | 38100000000.0000 |
| 2020 | 32743000000.0000 | 6812000000.0000 | 6801000000.0000 | 5511000000.0000 | 55219000000.0000 | 16875000000.0000 | 38344000000.0000 |
| 2021 | 36374000000.0000 | 3485000000.0000 | 3482000000.0000 | 2798000000.0000 | 52335000000.0000 | 13900000000.0000 | 38435000000.0000 |
| 2022 | 36488000000.0000 | 3371000000.0000 | 3377000000.0000 | 2840000000.0000 | 53321000000.0000 | 14794000000.0000 | 38527000000.0000 |
| 2023 | 39111000000.0000 | 4831000000.0000 | 4818000000.0000 | 4123000000.0000 | 53784000000.0000 | 13879000000.0000 | 39905000000.0000 |
| 2024 | 40033000000.0000 | 5712000000.0000 | 5685000000.0000 | 4767000000.0000 | 52914000000.0000 | 14048000000.0000 | 38866000000.0000 |
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) |
| 1990 | 48.73 | 28.35 | 16.76 | -- | -- | -- | 0.59 |
| 1991 | 43.40 | 20.31 | 12.74 | -- | -- | -- | 0.63 |
| 1992 | 48.22 | 22.16 | 15.73 | -- | -- | -- | 0.71 |
| 1993 | 27.20 | 27.52 | 9.13 | -- | 0.7700 | 4.76 | 0.33 |
| 1994 | 28.44 | 47.10 | 13.94 | -- | 0.8100 | 3.56 | 0.30 |
| 1995 | 16.73 | 26.16 | 8.40 | -- | 2.2700 | 2.69 | 0.32 |
| 1996 | 22.59 | 30.10 | 10.85 | -- | 27.9000 | 2.71 | 0.36 |
| 1997 | 22.73 | 24.18 | 10.13 | 11.6300 | 3.1700 | 3.81 | 0.42 |
| 1998 | 26.06 | 25.50 | 11.95 | 12.8200 | 1.4500 | 5.10 | 0.47 |
| 1999 | 18.53 | 19.49 | 5.93 | -- | 0.8200 | -- | 0.30 |
| 2000 | 6.79 | 7.48 | 7.50 | 12.3200 | 2.7800 | -- | 1.00 |
| 2001 | 8.56 | 9.08 | 9.68 | 18.0700 | 3.0900 | 12.76 | 1.07 |
| 2002 | 10.72 | 10.72 | 12.81 | 20.1800 | 3.5600 | 13.92 | 1.20 |
| 2003 | 9.81 | 9.81 | 12.62 | 19.6100 | 4.0800 | 14.34 | 1.29 |
| 2004 | 10.81 | 11.57 | 16.68 | 27.2700 | 4.1500 | 18.20 | 1.44 |
| 2005 | 11.19 | 11.36 | 17.36 | 30.9100 | 4.1100 | 20.89 | 1.53 |
| 2006 | 10.52 | 10.36 | 15.17 | 29.3200 | 3.9500 | 22.67 | 1.46 |
| 2007 | 9.13 | 9.15 | 12.83 | 28.1800 | 3.4100 | 23.92 | 1.40 |
| 2008 | 9.14 | 9.70 | 11.24 | 29.4000 | 3.4200 | 32.20 | 1.16 |
| 2009 | 9.59 | 9.84 | 11.76 | 17.9800 | 3.3900 | 36.14 | 1.19 |
| 2010 | 10.27 | 10.32 | 13.63 | 23.0700 | 3.2000 | 28.94 | 1.32 |
| 2011 | 11.99 | 12.44 | 15.48 | 24.2900 | 2.5300 | 25.88 | 1.24 |
| 2012 | 12.99 | 13.25 | 16.94 | 25.1600 | 2.4300 | 31.30 | 1.28 |
| 2013 | 12.36 | 17.08 | 20.97 | 28.9400 | 2.4400 | 31.72 | 1.23 |
| 2014 | 14.48 | 15.47 | 17.81 | 24.8600 | 2.7000 | 34.48 | 1.15 |
| 2015 | 14.43 | 15.50 | 16.67 | 22.4300 | 2.7200 | 25.71 | 1.08 |
| 2016 | 13.95 | 15.16 | 13.82 | 20.0300 | 2.5100 | 21.66 | 0.91 |
| 2017 | 13.19 | 14.90 | 13.07 | 18.5500 | 2.1500 | 21.65 | 0.88 |
| 2018 | 10.11 | 13.68 | 6.85 | 17.3700 | 1.9900 | 17.30 | 0.50 |
| 2019 | 9.49 | 15.93 | 9.52 | 10.3100 | 1.9500 | 15.25 | 0.60 |
| 2020 | 12.18 | 20.77 | 12.32 | 14.4600 | 2.0800 | 11.71 | 0.59 |
| 2021 | 11.59 | 9.57 | 6.65 | 7.5800 | 2.7400 | 6.77 | 0.70 |
| 2022 | 8.25 | 9.26 | 6.33 | 7.8700 | 3.2800 | 4.48 | 0.68 |
| 2023 | 9.80 | 12.32 | 8.96 | 10.5100 | 3.9800 | 4.10 | 0.73 |
| 2024 | 11.73 | 14.20 | 10.74 | 11.9900 | 4.5300 | 4.03 | 0.76 |
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 |
| 1990 | 60.77 | 39.23 | 0.8900 | 0.8900 |
| 1991 | 45.14 | 54.86 | 1.2700 | 1.2700 |
| 1992 | 44.44 | 55.56 | 1.2900 | 1.2900 |
| 1993 | 6.84 | 93.18 | 13.0300 | 9.5500 |
| 1994 | 8.37 | 91.54 | 8.5400 | 6.2900 |
| 1995 | 18.44 | 81.71 | 3.4500 | 3.3800 |
| 1996 | 18.92 | 81.08 | 2.9400 | 2.8500 |
| 1997 | 21.42 | 78.73 | 3.0800 | 2.4600 |
| 1998 | 20.51 | 79.55 | 3.9900 | 3.0000 |
| 1999 | 46.33 | 53.67 | 1.5900 | 0.8900 |
| 2000 | 46.03 | 53.97 | 1.2400 | 0.6700 |
| 2001 | 43.84 | 56.16 | 1.5300 | 0.9300 |
| 2002 | 36.48 | 63.52 | 1.5900 | 1.0100 |
| 2003 | 38.05 | 61.95 | 1.9000 | 1.1700 |
| 2004 | 41.70 | 58.22 | 1.8800 | 1.0500 |
| 2005 | 44.16 | 55.84 | 1.8500 | 1.0200 |
| 2006 | 47.74 | 52.26 | 1.8000 | 1.0000 |
| 2007 | 50.59 | 49.38 | 1.8000 | 0.9600 |
| 2008 | 35.47 | 64.55 | 2.6000 | 1.6500 |
| 2009 | 39.55 | 60.45 | 2.2900 | 1.4200 |
| 2010 | 42.16 | 57.84 | 2.1000 | 1.1000 |
| 2011 | 38.90 | 61.10 | 2.2100 | 1.0600 |
| 2012 | 34.12 | 65.88 | 2.5500 | 1.2200 |
| 2013 | 29.90 | 70.10 | 2.9800 | 1.5700 |
| 2014 | 30.88 | 69.12 | 3.5700 | 2.2100 |
| 2015 | 29.87 | 70.13 | 3.6100 | 2.2300 |
| 2016 | 35.56 | 64.44 | 3.2800 | 1.5400 |
| 2017 | 34.51 | 65.49 | 3.3400 | 2.0100 |
| 2018 | 25.85 | 74.16 | 2.6800 | 1.5300 |
| 2019 | 23.28 | 76.72 | 4.6500 | 2.8900 |
| 2020 | 30.56 | 69.44 | 3.1500 | 2.2500 |
| 2021 | 26.56 | 73.44 | 3.5800 | 2.5500 |
| 2022 | 27.75 | 72.25 | 2.6300 | 1.9400 |
| 2023 | 25.81 | 74.19 | 2.8500 | 2.0600 |
| 2024 | 26.55 | 73.45 | 2.6600 | 2.0400 |
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) |
| 1990 | 16884900.0000 | -- | -- | -- |
| 1991 | 21091000.0000 | -- | -- | -- |
| 1992 | 23225600.0000 | -- | -- | -- |
| 1993 | 42491100.0000 | 4203700.0000 | 4824900.0000 | 1519300.0000 |
| 1994 | 42551700.0000 | 7446500.0000 | 8222400.0000 | -27600.0000 |
| 1995 | 65753200.0000 | 7523400.0000 | 16625700.0000 | 400000.0000 |
| 1996 | 72292700.0000 | 9611700.0000 | 16556500.0000 | 95800.0000 |
| 1997 | 102000000.0000 | 16216300.0000 | 24775200.0000 | 532300.0000 |
| 1998 | 122000000.0000 | 38557700.0000 | 37886000.0000 | -9920800.0000 |
| 1999 | 189000000.0000 | 42744500.0000 | 38837300.0000 | 1513700.0000 |
| 2000 | 741000000.0000 | 108000000.0000 | 72446300.0000 | 5623500.0000 |
| 2001 | 823000000.0000 | 121000000.0000 | 104000000.0000 | 8038900.0000 |
| 2002 | 983000000.0000 | 177000000.0000 | 93108300.0000 | 5639800.0000 |
| 2003 | 1213000000.0000 | 169000000.0000 | 112000000.0000 | 4304600.0000 |
| 2004 | 1634000000.0000 | 251000000.0000 | 105000000.0000 | 3935800.0000 |
| 2005 | 2174000000.0000 | 277000000.0000 | 130000000.0000 | 978300.0000 |
| 2006 | 2867000000.0000 | 409000000.0000 | 161000000.0000 | 1512100.0000 |
| 2007 | 3874000000.0000 | 644000000.0000 | 192000000.0000 | 10332400.0000 |
| 2008 | 5200000000.0000 | 983000000.0000 | 188000000.0000 | 8349300.0000 |
| 2009 | 6484000000.0000 | 1237000000.0000 | 239000000.0000 | 3505000.0000 |
| 2010 | 9040000000.0000 | 1703000000.0000 | 253000000.0000 | 477900.0000 |
| 2011 | 9956000000.0000 | 1666000000.0000 | 318000000.0000 | 617800.0000 |
| 2012 | 12021000000.0000 | 1961000000.0000 | 379000000.0000 | 1068200.0000 |
| 2013 | 13861000000.0000 | 2013000000.0000 | 462000000.0000 | 7862400.0000 |
| 2014 | 16090000000.0000 | 2430000000.0000 | 552000000.0000 | 24289900.0000 |
| 2015 | 17745000000.0000 | 2710000000.0000 | 493000000.0000 | 64863400.0000 |
| 2016 | 19285000000.0000 | 2840000000.0000 | 484000000.0000 | 89682800.0000 |
| 2017 | 21109000000.0000 | 3684000000.0000 | 303000000.0000 | 79634000.0000 |
| 2018 | 24285000000.0000 | 3973000000.0000 | 429000000.0000 | 212000000.0000 |
| 2019 | 26849000000.0000 | 4156000000.0000 | 957000000.0000 | 78043300.0000 |
| 2020 | 28756000000.0000 | 3795000000.0000 | 860000000.0000 | -162000000.0000 |
| 2021 | 32158000000.0000 | 3896000000.0000 | 1079000000.0000 | 51659500.0000 |
| 2022 | 33476000000.0000 | 4166000000.0000 | 834000000.0000 | 67849600.0000 |
| 2023 | 35277000000.0000 | 4992000000.0000 | 1059000000.0000 | 49601300.0000 |
| 2024 | 35338000000.0000 | 4880000000.0000 | 1038000000.0000 | 62336500.0000 |