中商官网
研究报告
ST西发（000752）
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) |
| 1994 | 8917200.0000 | 1010200.0000 | 1503900.0000 | 1503900.0000 | 37881400.0000 | -- | 13026300.0000 |
| 1995 | 11856500.0000 | 2581400.0000 | 2926500.0000 | 2926500.0000 | 53739500.0000 | -- | 21123900.0000 |
| 1996 | 16253400.0000 | 15193600.0000 | 15224300.0000 | 15224300.0000 | 116000000.0000 | -- | 76069500.0000 |
| 1997 | 50423200.0000 | 22031500.0000 | 22017800.0000 | 18715100.0000 | 203000000.0000 | 41994700.0000 | 161000000.0000 |
| 1998 | 52923000.0000 | 23922300.0000 | 29606200.0000 | 24919400.0000 | 294000000.0000 | 109000000.0000 | 184000000.0000 |
| 1999 | 119000000.0000 | 50102900.0000 | 55221200.0000 | 47584800.0000 | 390000000.0000 | 155000000.0000 | 235000000.0000 |
| 2000 | 103000000.0000 | 30714800.0000 | 32355000.0000 | 26322500.0000 | 487000000.0000 | 164000000.0000 | 322000000.0000 |
| 2001 | 135000000.0000 | 30787500.0000 | 33172400.0000 | 31055000.0000 | 753000000.0000 | 307000000.0000 | 445000000.0000 |
| 2002 | 160000000.0000 | 38636700.0000 | 41040100.0000 | 36884200.0000 | 658000000.0000 | 272000000.0000 | 387000000.0000 |
| 2003 | 162000000.0000 | 38552200.0000 | 42257600.0000 | 38066800.0000 | 668000000.0000 | 249000000.0000 | 419000000.0000 |
| 2004 | 186000000.0000 | 50183900.0000 | 51179600.0000 | 46067200.0000 | 854000000.0000 | 197000000.0000 | 657000000.0000 |
| 2005 | 227000000.0000 | 51634600.0000 | 56383900.0000 | 55347900.0000 | 933000000.0000 | 221000000.0000 | 713000000.0000 |
| 2006 | 195000000.0000 | 35074200.0000 | 38881600.0000 | 38247500.0000 | 1041000000.0000 | 292000000.0000 | 749000000.0000 |
| 2007 | 245000000.0000 | 41700900.0000 | 46380400.0000 | 43190800.0000 | 934000000.0000 | 198000000.0000 | 736000000.0000 |
| 2008 | 282000000.0000 | 43355800.0000 | 55940100.0000 | 52021700.0000 | 1075000000.0000 | 287000000.0000 | 788000000.0000 |
| 2009 | 364000000.0000 | 68285800.0000 | 70860200.0000 | 66013200.0000 | 1165000000.0000 | 316000000.0000 | 849000000.0000 |
| 2010 | 416000000.0000 | 61984700.0000 | 70029700.0000 | 55567100.0000 | 1190000000.0000 | 308000000.0000 | 882000000.0000 |
| 2011 | 441000000.0000 | 80929000.0000 | 97365600.0000 | 81531800.0000 | 1117000000.0000 | 156000000.0000 | 961000000.0000 |
| 2012 | 475000000.0000 | 71538500.0000 | 84265700.0000 | 68157500.0000 | 1149000000.0000 | 159000000.0000 | 990000000.0000 |
| 2013 | 450000000.0000 | 198000000.0000 | 206000000.0000 | 177000000.0000 | 1354000000.0000 | 227000000.0000 | 1128000000.0000 |
| 2014 | 399000000.0000 | 72352100.0000 | 87144800.0000 | 70888900.0000 | 1378000000.0000 | 193000000.0000 | 1185000000.0000 |
| 2015 | 391000000.0000 | 66793200.0000 | 64884800.0000 | 56748500.0000 | 1424000000.0000 | 184000000.0000 | 1239000000.0000 |
| 2016 | 357000000.0000 | 45806500.0000 | 46221500.0000 | 39790500.0000 | 1401000000.0000 | 135000000.0000 | 1266000000.0000 |
| 2017 | 362000000.0000 | 52112400.0000 | 51776200.0000 | 44759500.0000 | 1498000000.0000 | 393000000.0000 | 1105000000.0000 |
| 2018 | 323000000.0000 | -343000000.0000 | -385000000.0000 | -390000000.0000 | 1226000000.0000 | 516000000.0000 | 710000000.0000 |
| 2019 | 318000000.0000 | -292000000.0000 | -302000000.0000 | -307000000.0000 | 991000000.0000 | 588000000.0000 | 403000000.0000 |
| 2020 | 405000000.0000 | 17891100.0000 | 44498000.0000 | 38904700.0000 | 998000000.0000 | 556000000.0000 | 442000000.0000 |
| 2021 | 393000000.0000 | -7422800.0000 | 8783200.0000 | 4311700.0000 | 987000000.0000 | 541000000.0000 | 446000000.0000 |
| 2022 | 277000000.0000 | -117000000.0000 | -107000000.0000 | -102000000.0000 | 905000000.0000 | 562000000.0000 | 344000000.0000 |
| 2023 | 337000000.0000 | 31676600.0000 | 25804600.0000 | 17077700.0000 | 927000000.0000 | 376000000.0000 | 550000000.0000 |
| 2024 | 421000000.0000 | 90750400.0000 | 89750800.0000 | 77092700.0000 | 1001000000.0000 | 373000000.0000 | 627000000.0000 |
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) |
| 1994 | 12.81 | 16.87 | 3.97 | -- | -- | -- | 0.24 |
| 1995 | 22.24 | 24.68 | 5.45 | -- | -- | -- | 0.22 |
| 1996 | 32.93 | 93.67 | 13.12 | -- | -- | -- | 0.14 |
| 1997 | 38.98 | 43.67 | 10.85 | 15.8000 | 7.4800 | 3.63 | 0.25 |
| 1998 | 34.55 | 55.94 | 10.07 | 15.2500 | 4.9500 | 4.78 | 0.18 |
| 1999 | 37.74 | 46.40 | 14.16 | -- | 5.9200 | -- | 0.31 |
| 2000 | 17.85 | 31.41 | 6.64 | 9.4300 | 4.2800 | -- | 0.21 |
| 2001 | 16.30 | 24.57 | 4.41 | 9.4400 | 4.8400 | 9.55 | 0.18 |
| 2002 | 23.13 | 25.65 | 6.24 | -- | 5.5100 | 11.30 | 0.24 |
| 2003 | 22.84 | 26.08 | 6.33 | 9.5200 | 5.1400 | 15.34 | 0.24 |
| 2004 | 25.27 | 27.52 | 5.99 | 8.1600 | 5.6600 | 17.38 | 0.22 |
| 2005 | 21.59 | 24.84 | 6.04 | 5.4800 | 7.3800 | 12.65 | 0.24 |
| 2006 | 18.97 | 19.94 | 3.74 | 2.7500 | 5.6800 | 11.87 | 0.19 |
| 2007 | 17.14 | 18.93 | 4.97 | 2.9600 | 6.0100 | 19.10 | 0.26 |
| 2008 | 16.31 | 19.84 | 5.20 | 4.1300 | 6.7000 | 29.80 | 0.26 |
| 2009 | 20.33 | 19.47 | 6.08 | 5.2900 | 8.3600 | 96.51 | 0.31 |
| 2010 | 17.55 | 16.83 | 5.88 | 2.7200 | 11.0300 | 151.26 | 0.35 |
| 2011 | 18.82 | 22.08 | 8.72 | 6.0400 | 14.1000 | 290.32 | 0.39 |
| 2012 | 17.26 | 17.74 | 7.33 | 3.5500 | 14.7900 | 3000.00 | 0.41 |
| 2013 | 17.78 | 45.78 | 15.21 | 18.5000 | 12.6400 | -- | 0.33 |
| 2014 | 21.30 | 21.84 | 6.32 | 3.3100 | 11.4500 | -- | 0.29 |
| 2015 | 20.97 | 16.59 | 4.56 | 2.1000 | 10.7800 | -- | 0.27 |
| 2016 | 16.81 | 12.95 | 3.30 | 1.0100 | 10.6500 | -- | 0.25 |
| 2017 | 17.68 | 14.30 | 3.46 | 1.2100 | 10.8400 | -- | 0.24 |
| 2018 | -93.50 | -119.20 | -31.40 | -70.6900 | 10.5500 | 116.13 | 0.26 |
| 2019 | -87.74 | -94.97 | -30.47 | -164.8800 | 12.4800 | -- | 0.32 |
| 2020 | 4.20 | 10.99 | 4.46 | 33.0400 | 17.0100 | -- | 0.41 |
| 2021 | 0.76 | 2.23 | 0.89 | -33.9200 | 14.5700 | 12.58 | 0.40 |
| 2022 | -38.99 | -38.63 | -11.82 | -- | 14.0700 | 9.57 | 0.31 |
| 2023 | 11.57 | 7.66 | 2.78 | -- | 11.1900 | -- | 0.36 |
| 2024 | 23.28 | 21.32 | 8.97 | 21.0100 | 8.0100 | -- | 0.42 |
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 |
| 1994 | 0.00 | 34.39 | 0.7500 | 0.7500 |
| 1995 | 0.00 | 39.31 | 1.0800 | 1.0800 |
| 1996 | 0.00 | 65.58 | 1.7800 | 1.7800 |
| 1997 | 20.69 | 79.31 | 2.7800 | 2.0000 |
| 1998 | 37.07 | 62.59 | 1.1200 | 0.8400 |
| 1999 | 39.74 | 60.26 | 0.6000 | 0.5100 |
| 2000 | 33.68 | 66.12 | 1.3500 | 0.9400 |
| 2001 | 40.77 | 59.10 | 0.6300 | 0.4400 |
| 2002 | 41.34 | 58.81 | 0.7000 | 0.3500 |
| 2003 | 37.28 | 62.72 | 0.9800 | 0.6000 |
| 2004 | 23.07 | 76.93 | 1.0700 | 0.7400 |
| 2005 | 23.69 | 76.42 | 1.2900 | 0.8600 |
| 2006 | 28.05 | 71.95 | 2.5300 | 1.4500 |
| 2007 | 21.20 | 78.80 | 3.1700 | 1.9800 |
| 2008 | 26.70 | 73.30 | 2.5500 | 1.8500 |
| 2009 | 27.12 | 72.88 | 2.0800 | 1.6100 |
| 2010 | 25.88 | 74.12 | 2.3800 | 1.9900 |
| 2011 | 13.97 | 86.03 | 1.6600 | 1.0700 |
| 2012 | 13.84 | 86.16 | 2.0900 | 1.8300 |
| 2013 | 16.77 | 83.31 | 3.6000 | 3.3700 |
| 2014 | 14.01 | 85.99 | 4.5500 | 4.3500 |
| 2015 | 12.92 | 87.01 | 5.2200 | 5.0000 |
| 2016 | 9.64 | 90.36 | 6.5400 | 6.3600 |
| 2017 | 26.23 | 73.77 | 2.0800 | 1.9100 |
| 2018 | 42.09 | 57.91 | 1.1700 | 1.1200 |
| 2019 | 59.33 | 40.67 | 1.1200 | 0.8700 |
| 2020 | 55.71 | 44.29 | 1.2100 | 0.9800 |
| 2021 | 54.81 | 45.19 | 1.2900 | 1.2500 |
| 2022 | 62.10 | 38.01 | 1.0700 | 1.0400 |
| 2023 | 40.56 | 59.33 | 1.6700 | 1.5700 |
| 2024 | 37.26 | 62.64 | 1.9200 | 1.8000 |
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) |
| 1994 | 7775000.0000 | -- | 1090800.0000 | 253800.0000 |
| 1995 | 9219900.0000 | -- | 944200.0000 | 761800.0000 |
| 1996 | 10900600.0000 | -- | 1248800.0000 | 720200.0000 |
| 1997 | 30770100.0000 | 1599200.0000 | 3001500.0000 | 1402700.0000 |
| 1998 | 34639200.0000 | 1279100.0000 | 5128500.0000 | 1700600.0000 |
| 1999 | 74091500.0000 | 5018200.0000 | 8641000.0000 | 3304700.0000 |
| 2000 | 84618400.0000 | 1365200.0000 | 11401500.0000 | 8732700.0000 |
| 2001 | 113000000.0000 | 2680500.0000 | 18510100.0000 | 10862000.0000 |
| 2002 | 123000000.0000 | 4377700.0000 | 9297300.0000 | 11227400.0000 |
| 2003 | 125000000.0000 | 2672800.0000 | 15579200.0000 | 13884200.0000 |
| 2004 | 139000000.0000 | 4226600.0000 | 20058900.0000 | 9983300.0000 |
| 2005 | 178000000.0000 | 4932300.0000 | 21853200.0000 | 10654600.0000 |
| 2006 | 158000000.0000 | 7198500.0000 | 25063700.0000 | 9840700.0000 |
| 2007 | 203000000.0000 | 13144900.0000 | 17299900.0000 | 9185200.0000 |
| 2008 | 236000000.0000 | 15894000.0000 | 19974600.0000 | 9117400.0000 |
| 2009 | 290000000.0000 | 24413800.0000 | 23142400.0000 | 11998700.0000 |
| 2010 | 343000000.0000 | 22002200.0000 | 24231800.0000 | 9140400.0000 |
| 2011 | 358000000.0000 | 19270700.0000 | 25300400.0000 | 4097100.0000 |
| 2012 | 393000000.0000 | 17480600.0000 | 29000700.0000 | 4948300.0000 |
| 2013 | 370000000.0000 | 21351600.0000 | 30263600.0000 | 4486400.0000 |
| 2014 | 314000000.0000 | 18678200.0000 | 17633600.0000 | 4837800.0000 |
| 2015 | 309000000.0000 | 17088400.0000 | 17468400.0000 | 4835800.0000 |
| 2016 | 297000000.0000 | 13126500.0000 | 21480300.0000 | 3329900.0000 |
| 2017 | 298000000.0000 | 13248800.0000 | 24717500.0000 | 2329000.0000 |
| 2018 | 625000000.0000 | 11626000.0000 | 31644400.0000 | 42848500.0000 |
| 2019 | 597000000.0000 | 12209800.0000 | 29021800.0000 | 63959200.0000 |
| 2020 | 388000000.0000 | 10373100.0000 | 16309500.0000 | 26399700.0000 |
| 2021 | 390000000.0000 | 9584300.0000 | 22187500.0000 | 24345600.0000 |
| 2022 | 385000000.0000 | 7621300.0000 | 21520200.0000 | 26353800.0000 |
| 2023 | 298000000.0000 | 7374500.0000 | 41255200.0000 | 21920300.0000 |
| 2024 | 323000000.0000 | 13910600.0000 | 47935700.0000 | 561400.0000 |