中商官网
研究报告
茂化实华（000637）
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) |
| 1993 | -- | -- | -- | -- | 191000000.0000 | 106000000.0000 | 84608500.0000 |
| 1994 | 218000000.0000 | 28027000.0000 | 42078500.0000 | 3573100.0000 | 254000000.0000 | 140000000.0000 | 114000000.0000 |
| 1995 | 319000000.0000 | 38868800.0000 | 38836100.0000 | 32361300.0000 | 275000000.0000 | 142000000.0000 | 133000000.0000 |
| 1996 | 389000000.0000 | 51084600.0000 | 50667500.0000 | 42224700.0000 | 310000000.0000 | 88953100.0000 | 221000000.0000 |
| 1997 | 412000000.0000 | 61685800.0000 | 66158800.0000 | 55432500.0000 | 351000000.0000 | 127000000.0000 | 224000000.0000 |
| 1998 | 477000000.0000 | 54611500.0000 | 56797400.0000 | 44636700.0000 | 517000000.0000 | 102000000.0000 | 416000000.0000 |
| 1999 | 905000000.0000 | 88133700.0000 | 88292000.0000 | 74344500.0000 | 555000000.0000 | 97015300.0000 | 458000000.0000 |
| 2000 | 1403000000.0000 | 86209000.0000 | 80783900.0000 | 48958300.0000 | 562000000.0000 | 71697500.0000 | 491000000.0000 |
| 2001 | 1282000000.0000 | 80235800.0000 | 81242100.0000 | 61044700.0000 | 591000000.0000 | 58817100.0000 | 532000000.0000 |
| 2002 | 1436000000.0000 | 93390400.0000 | 92821600.0000 | 63011000.0000 | 697000000.0000 | 104000000.0000 | 593000000.0000 |
| 2003 | 2001000000.0000 | 121000000.0000 | 105000000.0000 | 71950000.0000 | 1111000000.0000 | 406000000.0000 | 705000000.0000 |
| 2004 | 2092000000.0000 | 18727300.0000 | 24926700.0000 | 17496600.0000 | 1366000000.0000 | 676000000.0000 | 690000000.0000 |
| 2005 | 2117000000.0000 | -20354000.0000 | -27775900.0000 | -44675500.0000 | 1723000000.0000 | 1112000000.0000 | 611000000.0000 |
| 2006 | 3767000000.0000 | 163000000.0000 | 163000000.0000 | 138000000.0000 | 795000000.0000 | 60531400.0000 | 735000000.0000 |
| 2007 | 3275000000.0000 | 155000000.0000 | 155000000.0000 | 127000000.0000 | 846000000.0000 | 75246200.0000 | 771000000.0000 |
| 2008 | 3783000000.0000 | 12468800.0000 | 13866200.0000 | 11159700.0000 | 705000000.0000 | 12896600.0000 | 692000000.0000 |
| 2009 | 2713000000.0000 | 190000000.0000 | 195000000.0000 | 152000000.0000 | 926000000.0000 | 181000000.0000 | 744000000.0000 |
| 2010 | 3589000000.0000 | 102000000.0000 | 102000000.0000 | 84235600.0000 | 834000000.0000 | 13987000.0000 | 820000000.0000 |
| 2011 | 4139000000.0000 | 17046600.0000 | 17020700.0000 | 7391300.0000 | 729000000.0000 | 5158600.0000 | 723000000.0000 |
| 2012 | 3538000000.0000 | 48881600.0000 | 49042000.0000 | 39501900.0000 | 941000000.0000 | 120000000.0000 | 821000000.0000 |
| 2013 | 3245000000.0000 | 93981200.0000 | 95560300.0000 | 71681500.0000 | 1041000000.0000 | 186000000.0000 | 855000000.0000 |
| 2014 | 4015000000.0000 | 146000000.0000 | 146000000.0000 | 112000000.0000 | 1212000000.0000 | 317000000.0000 | 895000000.0000 |
| 2015 | 3067000000.0000 | 168000000.0000 | 168000000.0000 | 135000000.0000 | 1272000000.0000 | 327000000.0000 | 945000000.0000 |
| 2016 | 2960000000.0000 | 98108800.0000 | 101000000.0000 | 73585100.0000 | 1280000000.0000 | 338000000.0000 | 942000000.0000 |
| 2017 | 4408000000.0000 | 146000000.0000 | 146000000.0000 | 118000000.0000 | 1209000000.0000 | 219000000.0000 | 990000000.0000 |
| 2018 | 4320000000.0000 | 52444000.0000 | 50202700.0000 | 40285800.0000 | 1240000000.0000 | 293000000.0000 | 947000000.0000 |
| 2019 | 4298000000.0000 | 142000000.0000 | 142000000.0000 | 113000000.0000 | 1503000000.0000 | 470000000.0000 | 1034000000.0000 |
| 2020 | 3998000000.0000 | -4128200.0000 | -6492800.0000 | -378800.0000 | 1921000000.0000 | 936000000.0000 | 985000000.0000 |
| 2021 | 5572000000.0000 | 113000000.0000 | 117000000.0000 | 83122700.0000 | 2888000000.0000 | 1723000000.0000 | 1165000000.0000 |
| 2022 | 6059000000.0000 | -153000000.0000 | -152000000.0000 | -125000000.0000 | 2932000000.0000 | 1898000000.0000 | 1034000000.0000 |
| 2023 | 4548000000.0000 | -118000000.0000 | -116000000.0000 | -110000000.0000 | 2499000000.0000 | 1625000000.0000 | 874000000.0000 |
| 2024 | 3755000000.0000 | -56975600.0000 | -44796000.0000 | -89266200.0000 | 2392000000.0000 | 1634000000.0000 | 758000000.0000 |
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) |
| 1993 | -- | -- | 0.00 | -- | -- | -- | 0.00 |
| 1994 | 100.00 | 19.30 | 16.57 | -- | -- | -- | 0.86 |
| 1995 | 8.78 | 12.17 | 14.12 | -- | 7.1400 | 5.24 | 1.16 |
| 1996 | 11.31 | 13.03 | 16.34 | -- | 8.3400 | 7.83 | 1.25 |
| 1997 | 11.17 | 16.06 | 18.85 | 25.1500 | 9.7700 | 8.65 | 1.17 |
| 1998 | 9.85 | 11.91 | 10.99 | 15.8300 | 12.3100 | 8.23 | 0.92 |
| 1999 | 9.17 | 9.76 | 15.91 | 17.0200 | 26.9500 | -- | 1.63 |
| 2000 | 5.49 | 5.76 | 14.37 | 10.3600 | 36.1500 | -- | 2.50 |
| 2001 | 5.46 | 6.34 | 13.75 | 11.6400 | 21.7000 | 38.05 | 2.17 |
| 2002 | 5.64 | 6.46 | 13.32 | 11.6700 | 23.8200 | 74.38 | 2.06 |
| 2003 | 5.30 | 5.25 | 9.45 | 11.5300 | 39.8600 | 87.38 | 1.80 |
| 2004 | -0.19 | 1.19 | 1.82 | 4.6900 | 54.4000 | 32.46 | 1.53 |
| 2005 | -0.94 | -1.31 | -1.61 | -5.4700 | 46.4300 | 32.37 | 1.23 |
| 2006 | 3.05 | 4.33 | 20.50 | 19.0200 | 66.3000 | 152.54 | 4.74 |
| 2007 | 2.02 | 4.73 | 18.32 | 16.9800 | 37.1100 | 450.00 | 3.87 |
| 2008 | 0.93 | 0.37 | 1.97 | 1.5600 | 42.1100 | 276.92 | 5.37 |
| 2009 | 4.75 | 7.19 | 21.06 | 20.7600 | 35.3000 | 125.87 | 2.93 |
| 2010 | 3.37 | 2.84 | 12.23 | 11.3900 | 42.7500 | 163.64 | 4.30 |
| 2011 | 0.70 | 0.41 | 2.33 | 0.9700 | 46.4400 | 268.66 | 5.68 |
| 2012 | 1.30 | 1.39 | 5.21 | 4.6500 | 37.0300 | 360.00 | 3.76 |
| 2013 | 2.62 | 2.94 | 9.18 | 6.2500 | 25.7100 | 324.32 | 3.12 |
| 2014 | 3.44 | 3.64 | 12.05 | 9.0900 | 29.6900 | 76.43 | 3.31 |
| 2015 | 5.35 | 5.48 | 13.21 | 10.6900 | 24.2100 | 50.28 | 2.41 |
| 2016 | 3.68 | 3.41 | 7.89 | 7.1800 | 23.7000 | 119.60 | 2.31 |
| 2017 | 2.90 | 3.31 | 12.08 | 11.0800 | 33.6300 | 139.53 | 3.65 |
| 2018 | 1.44 | 1.16 | 4.05 | 4.0500 | 26.8700 | 89.55 | 3.48 |
| 2019 | 2.02 | 3.30 | 9.45 | 9.0300 | 24.4500 | 65.22 | 2.86 |
| 2020 | -0.55 | -0.16 | -0.34 | 0.8300 | 19.7800 | 54.05 | 2.08 |
| 2021 | 1.65 | 2.10 | 4.05 | 7.9700 | 22.6600 | 58.35 | 1.93 |
| 2022 | -2.67 | -2.51 | -5.18 | -11.9000 | 24.2000 | 59.60 | 2.07 |
| 2023 | -3.19 | -2.55 | -4.64 | -15.6200 | 18.9600 | 57.42 | 1.82 |
| 2024 | -4.77 | -1.19 | -1.87 | -12.1400 | 18.6200 | 56.16 | 1.57 |
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 |
| 1993 | 55.50 | 44.30 | 1.1300 | 1.1300 |
| 1994 | 55.12 | 44.88 | 1.1000 | 1.1000 |
| 1995 | 51.64 | 48.36 | 1.2300 | 0.7400 |
| 1996 | 28.69 | 71.29 | 1.7000 | 0.9600 |
| 1997 | 36.18 | 63.82 | 1.3600 | 0.8600 |
| 1998 | 19.73 | 80.46 | 2.7300 | 2.1600 |
| 1999 | 17.48 | 82.52 | 3.5000 | 2.8700 |
| 2000 | 12.76 | 87.37 | 4.3400 | 3.3900 |
| 2001 | 9.95 | 90.02 | 5.2200 | 3.4600 |
| 2002 | 14.92 | 85.08 | 3.0500 | 2.6100 |
| 2003 | 36.54 | 63.46 | 1.2300 | 0.8100 |
| 2004 | 49.49 | 50.51 | 0.7900 | 0.6400 |
| 2005 | 64.54 | 35.46 | 0.6900 | 0.5500 |
| 2006 | 7.61 | 92.45 | 8.5600 | 6.7700 |
| 2007 | 8.89 | 91.13 | 8.3400 | 6.1200 |
| 2008 | 1.83 | 98.16 | 37.9300 | 26.5900 |
| 2009 | 19.55 | 80.35 | 3.3600 | 2.7100 |
| 2010 | 1.68 | 98.32 | 88.7300 | 73.7000 |
| 2011 | 0.71 | 99.18 | 204.7400 | 120.5300 |
| 2012 | 12.75 | 87.25 | 4.0900 | 2.2200 |
| 2013 | 17.87 | 82.13 | 3.2600 | 1.5300 |
| 2014 | 26.16 | 73.84 | 2.3300 | 1.3200 |
| 2015 | 25.71 | 74.29 | 2.5600 | 1.3900 |
| 2016 | 26.41 | 73.59 | 2.6300 | 1.4400 |
| 2017 | 18.11 | 81.89 | 4.0300 | 1.9600 |
| 2018 | 23.63 | 76.37 | 3.1400 | 1.5300 |
| 2019 | 31.27 | 68.80 | 2.3300 | 1.1500 |
| 2020 | 48.72 | 51.28 | 1.0100 | 0.4100 |
| 2021 | 59.66 | 40.34 | 1.1300 | 0.5200 |
| 2022 | 64.73 | 35.27 | 0.6200 | 0.3600 |
| 2023 | 65.03 | 34.97 | 0.5200 | 0.2300 |
| 2024 | 68.31 | 31.69 | 0.6400 | 0.4500 |
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) |
| 1993 | -- | -- | -- | -- |
| 1994 | -- | -- | -- | -- |
| 1995 | 291000000.0000 | 3931900.0000 | 19777100.0000 | 5688400.0000 |
| 1996 | 345000000.0000 | 6424100.0000 | 22060200.0000 | 3928300.0000 |
| 1997 | 366000000.0000 | 6620900.0000 | 15495500.0000 | 18900.0000 |
| 1998 | 430000000.0000 | 7760900.0000 | 19233800.0000 | -1204700.0000 |
| 1999 | 822000000.0000 | 7391400.0000 | 17042200.0000 | -2114300.0000 |
| 2000 | 1326000000.0000 | 7986300.0000 | 26742400.0000 | -3231900.0000 |
| 2001 | 1212000000.0000 | 10706900.0000 | 32512600.0000 | -2880600.0000 |
| 2002 | 1355000000.0000 | 12113900.0000 | 40503200.0000 | -2081200.0000 |
| 2003 | 1895000000.0000 | 18642800.0000 | 62560900.0000 | 1329000.0000 |
| 2004 | 2096000000.0000 | 72812400.0000 | 84878000.0000 | 3858200.0000 |
| 2005 | 2137000000.0000 | 50070100.0000 | 84912400.0000 | 25271200.0000 |
| 2006 | 3652000000.0000 | 16813100.0000 | 69532500.0000 | -1005900.0000 |
| 2007 | 3209000000.0000 | 16745600.0000 | 89845800.0000 | -2125400.0000 |
| 2008 | 3748000000.0000 | 16609800.0000 | 67811100.0000 | -2532000.0000 |
| 2009 | 2584000000.0000 | 21647100.0000 | 103000000.0000 | -3126500.0000 |
| 2010 | 3468000000.0000 | 22538500.0000 | 72123300.0000 | -1056700.0000 |
| 2011 | 4110000000.0000 | 23212000.0000 | 58206100.0000 | -663300.0000 |
| 2012 | 3492000000.0000 | 22527000.0000 | 69060200.0000 | 5608200.0000 |
| 2013 | 3160000000.0000 | 27706200.0000 | 101000000.0000 | 11910800.0000 |
| 2014 | 3877000000.0000 | 32834700.0000 | 122000000.0000 | 13892400.0000 |
| 2015 | 2903000000.0000 | 27155600.0000 | 110000000.0000 | 12732100.0000 |
| 2016 | 2851000000.0000 | 26474200.0000 | 93858200.0000 | 8370300.0000 |
| 2017 | 4280000000.0000 | 32923000.0000 | 108000000.0000 | 1656800.0000 |
| 2018 | 4258000000.0000 | 34783100.0000 | 80471500.0000 | 8798800.0000 |
| 2019 | 4211000000.0000 | 36565600.0000 | 119000000.0000 | 2409000.0000 |
| 2020 | 4020000000.0000 | 29727900.0000 | 97934200.0000 | 9879500.0000 |
| 2021 | 5480000000.0000 | 28182300.0000 | 100000000.0000 | 35638800.0000 |
| 2022 | 6221000000.0000 | 31796600.0000 | 155000000.0000 | 58342300.0000 |
| 2023 | 4693000000.0000 | 39728600.0000 | 194000000.0000 | 43533900.0000 |
| 2024 | 3934000000.0000 | 30388700.0000 | 197000000.0000 | 39844300.0000 |