中商官网
研究报告
招商积余（001914）
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) |
| 1991 | 66378600.0000 | 10159100.0000 | 13893600.0000 | 13035800.0000 | 132000000.0000 | -- | 88810700.0000 |
| 1992 | 84273500.0000 | 18086500.0000 | 27515500.0000 | 25158800.0000 | 165000000.0000 | -- | 86596700.0000 |
| 1993 | 286000000.0000 | 55382100.0000 | 55499700.0000 | 50784300.0000 | 349000000.0000 | 244000000.0000 | 105000000.0000 |
| 1994 | 283000000.0000 | 71769900.0000 | 71182600.0000 | 65685300.0000 | 661000000.0000 | 273000000.0000 | 388000000.0000 |
| 1995 | 286000000.0000 | 46460000.0000 | 51446200.0000 | 44431800.0000 | 779000000.0000 | 367000000.0000 | 413000000.0000 |
| 1996 | 451000000.0000 | 52622100.0000 | 55095800.0000 | 47663200.0000 | 955000000.0000 | 530000000.0000 | 425000000.0000 |
| 1997 | 587000000.0000 | 65043800.0000 | 63424600.0000 | 55048300.0000 | 1089000000.0000 | 592000000.0000 | 497000000.0000 |
| 1998 | 659000000.0000 | 25333900.0000 | 26510000.0000 | 20122900.0000 | 1148000000.0000 | 677000000.0000 | 472000000.0000 |
| 1999 | 719000000.0000 | 29759500.0000 | 29760200.0000 | 21912400.0000 | 1161000000.0000 | 689000000.0000 | 472000000.0000 |
| 2000 | 856000000.0000 | 4777800.0000 | 2454700.0000 | -6340500.0000 | 1242000000.0000 | 768000000.0000 | 477000000.0000 |
| 2001 | 660000000.0000 | -143000000.0000 | -142000000.0000 | -137000000.0000 | 951000000.0000 | 671000000.0000 | 281000000.0000 |
| 2002 | 1061000000.0000 | 37820200.0000 | 38474200.0000 | 31801800.0000 | 827000000.0000 | 511000000.0000 | 316000000.0000 |
| 2003 | 650000000.0000 | 40172000.0000 | 41304400.0000 | 35472100.0000 | 804000000.0000 | 466000000.0000 | 338000000.0000 |
| 2004 | 896000000.0000 | 46032800.0000 | 47680400.0000 | 38950600.0000 | 1332000000.0000 | 921000000.0000 | 411000000.0000 |
| 2005 | 1367000000.0000 | 119000000.0000 | 120000000.0000 | 95084800.0000 | 1476000000.0000 | 988000000.0000 | 488000000.0000 |
| 2006 | 1451000000.0000 | 146000000.0000 | 148000000.0000 | 123000000.0000 | 2305000000.0000 | 1690000000.0000 | 615000000.0000 |
| 2007 | 2263000000.0000 | 324000000.0000 | 322000000.0000 | 271000000.0000 | 3987000000.0000 | 2233000000.0000 | 1753000000.0000 |
| 2008 | 2031000000.0000 | 23950800.0000 | 23799600.0000 | 3892300.0000 | 5237000000.0000 | 3222000000.0000 | 2015000000.0000 |
| 2009 | 1752000000.0000 | 118000000.0000 | 149000000.0000 | 93485100.0000 | 6446000000.0000 | 4369000000.0000 | 2077000000.0000 |
| 2010 | 3919000000.0000 | 431000000.0000 | 436000000.0000 | 296000000.0000 | 7942000000.0000 | 5580000000.0000 | 2362000000.0000 |
| 2011 | 3706000000.0000 | 717000000.0000 | 723000000.0000 | 501000000.0000 | 11085000000.0000 | 7685000000.0000 | 3400000000.0000 |
| 2012 | 4185000000.0000 | 667000000.0000 | 678000000.0000 | 435000000.0000 | 14426000000.0000 | 10391000000.0000 | 4036000000.0000 |
| 2013 | 6225000000.0000 | 560000000.0000 | 741000000.0000 | 499000000.0000 | 17718000000.0000 | 13605000000.0000 | 4113000000.0000 |
| 2014 | 6226000000.0000 | 664000000.0000 | 683000000.0000 | 480000000.0000 | 20068000000.0000 | 15914000000.0000 | 4155000000.0000 |
| 2015 | 5519000000.0000 | 566000000.0000 | 606000000.0000 | 371000000.0000 | 22881000000.0000 | 18186000000.0000 | 4695000000.0000 |
| 2016 | 6329000000.0000 | 283000000.0000 | 296000000.0000 | 137000000.0000 | 21736000000.0000 | 17008000000.0000 | 4728000000.0000 |
| 2017 | 5893000000.0000 | 301000000.0000 | 260000000.0000 | -34728100.0000 | 19114000000.0000 | 14516000000.0000 | 4599000000.0000 |
| 2018 | 6656000000.0000 | 1220000000.0000 | 1225000000.0000 | 824000000.0000 | 13236000000.0000 | 8350000000.0000 | 4885000000.0000 |
| 2019 | 6078000000.0000 | 402000000.0000 | 408000000.0000 | 270000000.0000 | 16502000000.0000 | 8500000000.0000 | 8002000000.0000 |
| 2020 | 8651000000.0000 | 602000000.0000 | 629000000.0000 | 411000000.0000 | 16289000000.0000 | 7998000000.0000 | 8291000000.0000 |
| 2021 | 10591000000.0000 | 745000000.0000 | 746000000.0000 | 453000000.0000 | 16766000000.0000 | 8190000000.0000 | 8575000000.0000 |
| 2022 | 13024000000.0000 | 825000000.0000 | 822000000.0000 | 569000000.0000 | 17815000000.0000 | 8504000000.0000 | 9311000000.0000 |
| 2023 | 15627000000.0000 | 915000000.0000 | 928000000.0000 | 739000000.0000 | 18604000000.0000 | 8694000000.0000 | 9910000000.0000 |
| 2024 | 17172000000.0000 | 1136000000.0000 | 1139000000.0000 | 869000000.0000 | 19161000000.0000 | 8560000000.0000 | 10570000000.0000 |
| 2025 | 19273000000.0000 | 956000000.0000 | 950000000.0000 | 658000000.0000 | -- | 9214000000.0000 | 10858000000.0000 |
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) |
| 1991 | 100.00 | 20.93 | 10.53 | -- | -- | -- | 0.50 |
| 1992 | 100.00 | 32.65 | 16.68 | -- | -- | -- | 0.51 |
| 1993 | 14.69 | 19.41 | 15.90 | -- | 6.9100 | 5.90 | 0.82 |
| 1994 | 20.14 | 25.15 | 10.77 | -- | 4.8500 | -- | 0.43 |
| 1995 | 10.49 | 17.99 | 6.60 | -- | 3.6400 | -- | 0.37 |
| 1996 | 8.43 | 12.22 | 5.77 | -- | 5.0000 | -- | 0.47 |
| 1997 | 8.18 | 10.80 | 5.82 | -- | 5.6700 | -- | 0.54 |
| 1998 | 1.97 | 4.02 | 2.31 | 6.3000 | 3.9500 | 5.06 | 0.57 |
| 1999 | 3.20 | 4.14 | 2.56 | -- | 3.1500 | -- | 0.62 |
| 2000 | 3.74 | 0.29 | 0.20 | 3.7900 | 3.9300 | -- | 0.69 |
| 2001 | -18.33 | -21.52 | -14.93 | -40.9800 | 3.4400 | 9.45 | 0.69 |
| 2002 | 3.30 | 3.63 | 4.65 | 10.0000 | 7.8700 | 12.70 | 1.28 |
| 2003 | 6.00 | 6.35 | 5.14 | 9.3700 | 3.3600 | 6.74 | 0.81 |
| 2004 | 4.35 | 5.32 | 3.58 | 11.8500 | 2.0300 | 7.91 | 0.67 |
| 2005 | 8.34 | 8.78 | 8.13 | 12.6200 | 1.8100 | 9.55 | 0.93 |
| 2006 | 8.89 | 10.20 | 6.42 | 17.7400 | 1.2600 | 8.06 | 0.63 |
| 2007 | 14.27 | 14.23 | 8.08 | 19.8600 | 0.8900 | 12.06 | 0.57 |
| 2008 | 1.08 | 1.17 | 0.45 | 1.9500 | 0.4900 | 15.42 | 0.39 |
| 2009 | 4.17 | 8.50 | 2.31 | 3.7000 | 0.3700 | 14.91 | 0.27 |
| 2010 | 9.59 | 11.13 | 5.49 | 14.5800 | 0.7600 | 18.60 | 0.49 |
| 2011 | 12.47 | 19.51 | 6.52 | 23.2200 | 0.5200 | 13.53 | 0.33 |
| 2012 | 6.76 | 16.20 | 4.70 | 15.0500 | 0.4900 | 12.32 | 0.29 |
| 2013 | 8.58 | 11.90 | 4.18 | 15.0400 | 0.5600 | 14.99 | 0.35 |
| 2014 | 4.02 | 10.97 | 3.40 | 14.5600 | 0.4500 | 15.29 | 0.31 |
| 2015 | -0.47 | 10.98 | 2.65 | 10.9000 | 0.3900 | 14.40 | 0.24 |
| 2016 | -5.50 | 4.68 | 1.36 | 4.0200 | 0.5900 | 13.13 | 0.29 |
| 2017 | -7.65 | 4.41 | 1.36 | 3.6400 | 0.8100 | 11.00 | 0.31 |
| 2018 | -0.71 | 18.40 | 9.26 | 18.7700 | 1.5500 | 11.92 | 0.50 |
| 2019 | 6.38 | 6.71 | 2.47 | 5.5700 | 2.8900 | 7.15 | 0.37 |
| 2020 | 5.86 | 7.27 | 3.86 | 5.3400 | 4.6200 | 7.78 | 0.53 |
| 2021 | 5.30 | 7.04 | 4.45 | 6.0700 | 6.1600 | 8.04 | 0.63 |
| 2022 | 5.19 | 6.31 | 4.61 | 6.6900 | 8.9900 | 6.78 | 0.73 |
| 2023 | 5.18 | 5.94 | 4.99 | 7.7700 | 12.1200 | 6.76 | 0.84 |
| 2024 | 6.28 | 6.63 | 5.94 | 8.3300 | 13.3700 | 7.66 | 0.90 |
| 2025 | 4.76 | 4.93 | -- | -- | -- | -- | -- |
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 |
| 1991 | 0.00 | 67.28 | 1.2200 | 1.2200 |
| 1992 | 0.00 | 52.48 | 0.9700 | 0.9700 |
| 1993 | 69.91 | 30.09 | 0.9200 | 0.7300 |
| 1994 | 41.30 | 58.70 | 1.3800 | 1.1400 |
| 1995 | 47.11 | 53.02 | 1.2800 | 1.0200 |
| 1996 | 55.50 | 44.50 | 1.1900 | 0.9000 |
| 1997 | 54.36 | 45.64 | 1.1500 | 0.8000 |
| 1998 | 58.97 | 41.11 | 1.1300 | 0.6200 |
| 1999 | 59.35 | 40.65 | 1.1300 | 0.5900 |
| 2000 | 61.84 | 38.41 | 1.2100 | 0.6500 |
| 2001 | 70.56 | 29.55 | 1.0600 | 0.4400 |
| 2002 | 61.79 | 38.21 | 1.1300 | 0.7900 |
| 2003 | 57.96 | 42.04 | 1.2300 | 0.7100 |
| 2004 | 69.14 | 30.86 | 1.1300 | 0.5300 |
| 2005 | 66.94 | 33.06 | 1.1900 | 0.5200 |
| 2006 | 73.32 | 26.68 | 1.4800 | 0.6600 |
| 2007 | 56.01 | 43.97 | 1.5600 | 0.5000 |
| 2008 | 61.52 | 38.48 | 1.5200 | 0.3000 |
| 2009 | 67.78 | 32.22 | 1.3300 | 0.3800 |
| 2010 | 70.26 | 29.74 | 1.4600 | 0.5400 |
| 2011 | 69.33 | 30.67 | 1.3800 | 0.3700 |
| 2012 | 72.03 | 27.98 | 1.3300 | 0.3900 |
| 2013 | 76.79 | 23.21 | 1.5600 | 0.3200 |
| 2014 | 79.30 | 20.70 | 1.4500 | 0.2200 |
| 2015 | 79.48 | 20.52 | 1.2400 | 0.2400 |
| 2016 | 78.25 | 21.75 | 1.3000 | 0.6000 |
| 2017 | 75.94 | 24.06 | 1.1500 | 0.5800 |
| 2018 | 63.09 | 36.91 | 1.5100 | 0.9400 |
| 2019 | 51.51 | 48.49 | 1.4300 | 0.9700 |
| 2020 | 49.10 | 50.90 | 0.9700 | 0.6700 |
| 2021 | 48.85 | 51.15 | 1.2700 | 0.9200 |
| 2022 | 47.74 | 52.26 | 1.4500 | 1.1900 |
| 2023 | 46.73 | 53.27 | 1.1700 | 0.9900 |
| 2024 | 44.67 | 55.16 | 1.3300 | 1.1300 |
| 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) |
| 1991 | -- | -- | -- | -- |
| 1992 | -- | -- | -- | -- |
| 1993 | 244000000.0000 | 6773800.0000 | 24288600.0000 | 9846100.0000 |
| 1994 | 226000000.0000 | 26626300.0000 | 38124600.0000 | 6446800.0000 |
| 1995 | 256000000.0000 | 25011400.0000 | 42779600.0000 | 9714800.0000 |
| 1996 | 413000000.0000 | 24285900.0000 | 47079100.0000 | 13169400.0000 |
| 1997 | 539000000.0000 | 16458500.0000 | 51857900.0000 | 5670400.0000 |
| 1998 | 646000000.0000 | 8383800.0000 | 57129500.0000 | 15342900.0000 |
| 1999 | 696000000.0000 | 26818000.0000 | 58747000.0000 | 7298200.0000 |
| 2000 | 824000000.0000 | 23978900.0000 | 53368700.0000 | 14206700.0000 |
| 2001 | 781000000.0000 | 64691600.0000 | 185000000.0000 | 17346500.0000 |
| 2002 | 1026000000.0000 | 53881200.0000 | 59871500.0000 | 13503200.0000 |
| 2003 | 611000000.0000 | 42583700.0000 | 45188200.0000 | 16662000.0000 |
| 2004 | 857000000.0000 | 41216900.0000 | 75272700.0000 | 7198600.0000 |
| 2005 | 1253000000.0000 | 63481500.0000 | 105000000.0000 | 6251000.0000 |
| 2006 | 1322000000.0000 | 111000000.0000 | 99214500.0000 | 16174800.0000 |
| 2007 | 1940000000.0000 | 151000000.0000 | 147000000.0000 | 20935000.0000 |
| 2008 | 2009000000.0000 | 175000000.0000 | 192000000.0000 | 32169100.0000 |
| 2009 | 1679000000.0000 | 188000000.0000 | 192000000.0000 | 11135800.0000 |
| 2010 | 3543000000.0000 | 259000000.0000 | 218000000.0000 | 69853000.0000 |
| 2011 | 3244000000.0000 | 206000000.0000 | 241000000.0000 | 69112900.0000 |
| 2012 | 3902000000.0000 | 142000000.0000 | 252000000.0000 | 230000000.0000 |
| 2013 | 5691000000.0000 | 170000000.0000 | 291000000.0000 | 272000000.0000 |
| 2014 | 5976000000.0000 | 190000000.0000 | 376000000.0000 | 328000000.0000 |
| 2015 | 5545000000.0000 | 204000000.0000 | 338000000.0000 | 383000000.0000 |
| 2016 | 6677000000.0000 | 321000000.0000 | 346000000.0000 | 478000000.0000 |
| 2017 | 6344000000.0000 | 140000000.0000 | 424000000.0000 | 375000000.0000 |
| 2018 | 6703000000.0000 | 111000000.0000 | 384000000.0000 | 316000000.0000 |
| 2019 | 5690000000.0000 | 75017800.0000 | 379000000.0000 | 245000000.0000 |
| 2020 | 8144000000.0000 | 64133200.0000 | 349000000.0000 | 185000000.0000 |
| 2021 | 10030000000.0000 | 86728900.0000 | 387000000.0000 | 144000000.0000 |
| 2022 | 12348000000.0000 | 71167400.0000 | 469000000.0000 | 117000000.0000 |
| 2023 | 14818000000.0000 | 94184300.0000 | 605000000.0000 | 94845600.0000 |
| 2024 | 16094000000.0000 | 115000000.0000 | 602000000.0000 | 47547300.0000 |
| 2025 | 18356000000.0000 | 110000000.0000 | 580000000.0000 | 25120800.0000 |