中商官网
研究报告
张裕A（000869）
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 | 245000000.0000 | 52410000.0000 | 52522000.0000 | 43712000.0000 | 292000000.0000 | 207000000.0000 | 85282000.0000 |
| 1995 | 300000000.0000 | 34210000.0000 | 36427000.0000 | 27840000.0000 | 358000000.0000 | 267000000.0000 | 91110000.0000 |
| 1996 | 315000000.0000 | 56335000.0000 | 55375000.0000 | 40444000.0000 | 456000000.0000 | 267000000.0000 | 189000000.0000 |
| 1997 | 392000000.0000 | 79609900.0000 | 80962300.0000 | 61174700.0000 | 753000000.0000 | 250000000.0000 | 503000000.0000 |
| 1998 | 568000000.0000 | 89253500.0000 | 90146600.0000 | 79488700.0000 | 711000000.0000 | 196000000.0000 | 515000000.0000 |
| 1999 | 630000000.0000 | 108000000.0000 | 110000000.0000 | 84049200.0000 | 809000000.0000 | 248000000.0000 | 561000000.0000 |
| 2000 | 874000000.0000 | 172000000.0000 | 172000000.0000 | 127000000.0000 | 1611000000.0000 | 359000000.0000 | 1252000000.0000 |
| 2001 | 886000000.0000 | 183000000.0000 | 178000000.0000 | 172000000.0000 | 1663000000.0000 | 305000000.0000 | 1358000000.0000 |
| 2002 | 928000000.0000 | 190000000.0000 | 181000000.0000 | 112000000.0000 | 1839000000.0000 | 344000000.0000 | 1495000000.0000 |
| 2003 | 1133000000.0000 | 251000000.0000 | 241000000.0000 | 152000000.0000 | 1951000000.0000 | 356000000.0000 | 1595000000.0000 |
| 2004 | 1338000000.0000 | 324000000.0000 | 317000000.0000 | 205000000.0000 | 2166000000.0000 | 389000000.0000 | 1777000000.0000 |
| 2005 | 1804000000.0000 | 445000000.0000 | 443000000.0000 | 313000000.0000 | 2348000000.0000 | 460000000.0000 | 1887000000.0000 |
| 2006 | 2167000000.0000 | 565000000.0000 | 565000000.0000 | 398000000.0000 | 2812000000.0000 | 743000000.0000 | 2069000000.0000 |
| 2007 | 2730000000.0000 | 948000000.0000 | 949000000.0000 | 639000000.0000 | 3251000000.0000 | 937000000.0000 | 2314000000.0000 |
| 2008 | 3453000000.0000 | 1176000000.0000 | 1183000000.0000 | 895000000.0000 | 4061000000.0000 | 1432000000.0000 | 2629000000.0000 |
| 2009 | 4199000000.0000 | 1472000000.0000 | 1499000000.0000 | 1136000000.0000 | 5364000000.0000 | 2189000000.0000 | 3175000000.0000 |
| 2010 | 4983000000.0000 | 1907000000.0000 | 1930000000.0000 | 1454000000.0000 | 5983000000.0000 | 1987000000.0000 | 3996000000.0000 |
| 2011 | 6028000000.0000 | 2518000000.0000 | 2540000000.0000 | 1907000000.0000 | 7296000000.0000 | 2146000000.0000 | 5150000000.0000 |
| 2012 | 5644000000.0000 | 2238000000.0000 | 2270000000.0000 | 1701000000.0000 | 8123000000.0000 | 2064000000.0000 | 6059000000.0000 |
| 2013 | 4321000000.0000 | 1357000000.0000 | 1397000000.0000 | 1048000000.0000 | 7998000000.0000 | 1627000000.0000 | 6371000000.0000 |
| 2014 | 4157000000.0000 | 1267000000.0000 | 1303000000.0000 | 978000000.0000 | 8912000000.0000 | 1909000000.0000 | 7003000000.0000 |
| 2015 | 4650000000.0000 | 1340000000.0000 | 1388000000.0000 | 1030000000.0000 | 10344000000.0000 | 2588000000.0000 | 7757000000.0000 |
| 2016 | 4718000000.0000 | 1284000000.0000 | 1338000000.0000 | 981000000.0000 | 11528000000.0000 | 3129000000.0000 | 8399000000.0000 |
| 2017 | 4933000000.0000 | 1356000000.0000 | 1372000000.0000 | 1034000000.0000 | 12537000000.0000 | 3359000000.0000 | 9178000000.0000 |
| 2018 | 5142000000.0000 | 1405000000.0000 | 1409000000.0000 | 1041000000.0000 | 13118000000.0000 | 3227000000.0000 | 9890000000.0000 |
| 2019 | 5074000000.0000 | 1540000000.0000 | 1548000000.0000 | 1142000000.0000 | 13765000000.0000 | 3091000000.0000 | 10674000000.0000 |
| 2020 | 3395000000.0000 | 655000000.0000 | 665000000.0000 | 473000000.0000 | 13102000000.0000 | 2598000000.0000 | 10504000000.0000 |
| 2021 | 3953000000.0000 | 717000000.0000 | 716000000.0000 | 507000000.0000 | 13472000000.0000 | 2779000000.0000 | 10693000000.0000 |
| 2022 | 3919000000.0000 | 622000000.0000 | 626000000.0000 | 431000000.0000 | 13172000000.0000 | 2346000000.0000 | 10826000000.0000 |
| 2023 | 4385000000.0000 | 739000000.0000 | 747000000.0000 | 526000000.0000 | 13336000000.0000 | 2346000000.0000 | 10991000000.0000 |
| 2024 | 3277000000.0000 | 426000000.0000 | 428000000.0000 | 314000000.0000 | 12520000000.0000 | 1748000000.0000 | 10773000000.0000 |
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 | 21.63 | 21.44 | 17.99 | -- | 1.3800 | -- | 0.84 |
| 1995 | 11.33 | 12.14 | 10.18 | -- | 1.6900 | -- | 0.84 |
| 1996 | 17.78 | 17.58 | 12.14 | -- | 1.3600 | -- | 0.69 |
| 1997 | 20.41 | 20.65 | 10.75 | -- | 1.2500 | 3.03 | 0.52 |
| 1998 | 15.67 | 15.87 | 12.68 | 16.2000 | 1.5700 | 4.40 | 0.80 |
| 1999 | 17.14 | 17.46 | 13.60 | 16.1000 | 1.3000 | -- | 0.78 |
| 2000 | 19.68 | 19.68 | 10.68 | 17.5000 | 1.5300 | -- | 0.54 |
| 2001 | 20.32 | 20.09 | 10.70 | 13.0000 | 1.3400 | 6.29 | 0.53 |
| 2002 | 20.26 | 19.50 | 9.84 | 7.8600 | 1.1500 | 7.24 | 0.50 |
| 2003 | 21.80 | 21.27 | 12.35 | 10.3200 | 1.3500 | 10.74 | 0.58 |
| 2004 | 23.77 | 23.69 | 14.64 | 12.3400 | 1.2900 | 17.71 | 0.62 |
| 2005 | 24.45 | 24.56 | 18.87 | 16.4700 | 1.3300 | 31.03 | 0.77 |
| 2006 | 26.07 | 26.07 | 20.09 | 22.1300 | 1.1600 | 32.85 | 0.77 |
| 2007 | 34.69 | 34.76 | 29.19 | 30.9800 | 1.0700 | 35.47 | 0.84 |
| 2008 | 33.94 | 34.26 | 29.13 | 38.2600 | 1.1300 | 41.91 | 0.85 |
| 2009 | 34.98 | 35.70 | 27.95 | 41.1700 | 1.1200 | 46.57 | 0.78 |
| 2010 | 38.25 | 38.73 | 32.26 | 41.5700 | 1.0400 | 50.28 | 0.83 |
| 2011 | 41.77 | 42.14 | 34.81 | 43.1800 | 0.9400 | 53.10 | 0.83 |
| 2012 | 39.65 | 40.22 | 27.95 | 31.1300 | 0.7000 | 43.06 | 0.69 |
| 2013 | 31.40 | 32.33 | 17.47 | 17.3000 | 0.6200 | 27.67 | 0.54 |
| 2014 | 30.48 | 31.34 | 14.62 | 15.1100 | 0.6500 | 25.75 | 0.47 |
| 2015 | 28.82 | 29.85 | 13.42 | 14.4000 | 0.7000 | 27.07 | 0.45 |
| 2016 | 27.21 | 28.36 | 11.61 | 12.5500 | 0.7000 | 25.44 | 0.41 |
| 2017 | 26.58 | 27.81 | 10.94 | 12.1400 | 0.7100 | 22.58 | 0.39 |
| 2018 | 25.40 | 27.40 | 10.74 | 11.2300 | 0.7300 | 20.33 | 0.39 |
| 2019 | 28.73 | 30.51 | 11.25 | 11.3000 | 0.6700 | 19.79 | 0.37 |
| 2020 | 17.23 | 19.59 | 5.08 | 4.5700 | 0.5200 | 15.09 | 0.26 |
| 2021 | 17.28 | 18.11 | 5.31 | 4.8400 | 0.5700 | 16.65 | 0.29 |
| 2022 | 15.51 | 15.97 | 4.75 | 4.0900 | 0.5900 | 12.34 | 0.30 |
| 2023 | 15.14 | 17.04 | 5.60 | 4.9800 | 0.6300 | 12.08 | 0.33 |
| 2024 | 7.51 | 13.06 | 3.42 | 2.8300 | 0.4900 | 10.04 | 0.26 |
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 | 70.89 | 29.21 | 1.2300 | 0.7200 |
| 1995 | 74.58 | 25.45 | 1.2100 | 0.7100 |
| 1996 | 58.55 | 41.45 | 1.4000 | 0.8400 |
| 1997 | 33.20 | 66.80 | 2.6300 | 1.8500 |
| 1998 | 27.57 | 72.43 | 2.5300 | 1.7100 |
| 1999 | 30.66 | 69.34 | 2.3300 | 1.3500 |
| 2000 | 22.28 | 77.72 | 3.5300 | 2.8200 |
| 2001 | 18.34 | 81.66 | 4.1900 | 3.1700 |
| 2002 | 18.71 | 81.29 | 3.3300 | 2.3400 |
| 2003 | 18.25 | 81.75 | 4.0400 | 3.0300 |
| 2004 | 17.96 | 82.04 | 4.2200 | 3.1100 |
| 2005 | 19.59 | 80.37 | 3.9500 | 2.7500 |
| 2006 | 26.42 | 73.58 | 2.7600 | 1.7600 |
| 2007 | 28.82 | 71.18 | 2.4800 | 1.5500 |
| 2008 | 35.26 | 64.74 | 2.0300 | 1.3200 |
| 2009 | 40.81 | 59.19 | 1.8000 | 1.2600 |
| 2010 | 33.21 | 66.79 | 2.1400 | 1.4100 |
| 2011 | 29.41 | 70.59 | 2.2800 | 1.3800 |
| 2012 | 25.41 | 74.59 | 2.4100 | 1.2500 |
| 2013 | 20.34 | 79.66 | 2.5400 | 1.1300 |
| 2014 | 21.42 | 78.58 | 2.2200 | 0.9100 |
| 2015 | 25.02 | 74.99 | 1.6500 | 0.6900 |
| 2016 | 27.14 | 72.86 | 1.5900 | 0.6800 |
| 2017 | 26.79 | 73.21 | 1.6500 | 0.6900 |
| 2018 | 24.60 | 75.39 | 1.8300 | 0.7400 |
| 2019 | 22.46 | 77.54 | 2.0300 | 0.8200 |
| 2020 | 19.83 | 80.17 | 2.2200 | 0.7700 |
| 2021 | 20.63 | 79.37 | 2.2600 | 0.9600 |
| 2022 | 17.81 | 82.19 | 2.7400 | 1.1800 |
| 2023 | 17.59 | 82.42 | 2.7900 | 1.4300 |
| 2024 | 13.96 | 86.05 | 3.4300 | 1.5700 |
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 | 192000000.0000 | 27738000.0000 | 20803000.0000 | 15494000.0000 |
| 1995 | 266000000.0000 | 56424000.0000 | 25519000.0000 | 14058000.0000 |
| 1996 | 259000000.0000 | 52666000.0000 | 26589000.0000 | 13977000.0000 |
| 1997 | 312000000.0000 | 44774600.0000 | 62303500.0000 | 11337300.0000 |
| 1998 | 479000000.0000 | 121000000.0000 | 60350100.0000 | -3032200.0000 |
| 1999 | 522000000.0000 | 170000000.0000 | 47323000.0000 | -2695900.0000 |
| 2000 | 702000000.0000 | 208000000.0000 | 69232800.0000 | -2387100.0000 |
| 2001 | 706000000.0000 | 210000000.0000 | 69840100.0000 | -8184200.0000 |
| 2002 | 740000000.0000 | 207000000.0000 | 78575700.0000 | -7455400.0000 |
| 2003 | 886000000.0000 | 236000000.0000 | 93860100.0000 | -11259500.0000 |
| 2004 | 1020000000.0000 | 335000000.0000 | 105000000.0000 | -12258200.0000 |
| 2005 | 1363000000.0000 | 489000000.0000 | 147000000.0000 | -21666600.0000 |
| 2006 | 1602000000.0000 | 501000000.0000 | 216000000.0000 | -21203800.0000 |
| 2007 | 1783000000.0000 | 625000000.0000 | 178000000.0000 | -23244800.0000 |
| 2008 | 2281000000.0000 | 870000000.0000 | 194000000.0000 | -35362100.0000 |
| 2009 | 2730000000.0000 | 1094000000.0000 | 220000000.0000 | -30232200.0000 |
| 2010 | 3077000000.0000 | 1338000000.0000 | 218000000.0000 | -28965200.0000 |
| 2011 | 3510000000.0000 | 1503000000.0000 | 235000000.0000 | -44503600.0000 |
| 2012 | 3406000000.0000 | 1449000000.0000 | 254000000.0000 | -19918300.0000 |
| 2013 | 2964000000.0000 | 1141000000.0000 | 245000000.0000 | -18700400.0000 |
| 2014 | 2890000000.0000 | 1006000000.0000 | 257000000.0000 | -7012500.0000 |
| 2015 | 3310000000.0000 | 1211000000.0000 | 314000000.0000 | 11287700.0000 |
| 2016 | 3434000000.0000 | 1253000000.0000 | 310000000.0000 | 25919600.0000 |
| 2017 | 3622000000.0000 | 1273000000.0000 | 336000000.0000 | 22381500.0000 |
| 2018 | 3836000000.0000 | 1275000000.0000 | 344000000.0000 | 45855700.0000 |
| 2019 | 3616000000.0000 | 1088000000.0000 | 312000000.0000 | 49520400.0000 |
| 2020 | 2810000000.0000 | 788000000.0000 | 291000000.0000 | 36134100.0000 |
| 2021 | 3270000000.0000 | 999000000.0000 | 299000000.0000 | 26782000.0000 |
| 2022 | 3311000000.0000 | 1029000000.0000 | 288000000.0000 | 25170700.0000 |
| 2023 | 3721000000.0000 | 1240000000.0000 | 304000000.0000 | 32287900.0000 |
| 2024 | 3031000000.0000 | 1013000000.0000 | 314000000.0000 | 32778300.0000 |