中商官网
研究报告
思源电气（002028）
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) |
| 2001 | 91180100.0000 | 25123000.0000 | 25639700.0000 | 21744700.0000 | 102000000.0000 | 37017100.0000 | 65214400.0000 |
| 2002 | 102000000.0000 | 26030700.0000 | 25530900.0000 | 21401600.0000 | 122000000.0000 | 46731200.0000 | 75636100.0000 |
| 2003 | 135000000.0000 | 46664200.0000 | 46824300.0000 | 34081900.0000 | 158000000.0000 | 47167300.0000 | 111000000.0000 |
| 2004 | 200000000.0000 | 65203200.0000 | 66611700.0000 | 50506600.0000 | 641000000.0000 | 242000000.0000 | 399000000.0000 |
| 2005 | 556000000.0000 | 106000000.0000 | 118000000.0000 | 93390800.0000 | 820000000.0000 | 341000000.0000 | 479000000.0000 |
| 2006 | 799000000.0000 | 169000000.0000 | 197000000.0000 | 167000000.0000 | 1459000000.0000 | 797000000.0000 | 662000000.0000 |
| 2007 | 1198000000.0000 | 316000000.0000 | 341000000.0000 | 302000000.0000 | 2873000000.0000 | 993000000.0000 | 1881000000.0000 |
| 2008 | 1530000000.0000 | 372000000.0000 | 403000000.0000 | 365000000.0000 | 3018000000.0000 | 763000000.0000 | 2255000000.0000 |
| 2009 | 1889000000.0000 | 1092000000.0000 | 1126000000.0000 | 982000000.0000 | 3861000000.0000 | 859000000.0000 | 3001000000.0000 |
| 2010 | 1877000000.0000 | 665000000.0000 | 719000000.0000 | 588000000.0000 | 4106000000.0000 | 1013000000.0000 | 3093000000.0000 |
| 2011 | 1970000000.0000 | 163000000.0000 | 193000000.0000 | 169000000.0000 | 3792000000.0000 | 969000000.0000 | 2823000000.0000 |
| 2012 | 2892000000.0000 | 275000000.0000 | 341000000.0000 | 289000000.0000 | 4343000000.0000 | 1310000000.0000 | 3032000000.0000 |
| 2013 | 3386000000.0000 | 414000000.0000 | 469000000.0000 | 406000000.0000 | 5008000000.0000 | 1570000000.0000 | 3438000000.0000 |
| 2014 | 3671000000.0000 | 513000000.0000 | 562000000.0000 | 504000000.0000 | 5435000000.0000 | 1667000000.0000 | 3768000000.0000 |
| 2015 | 3997000000.0000 | 432000000.0000 | 485000000.0000 | 429000000.0000 | 6193000000.0000 | 2080000000.0000 | 4113000000.0000 |
| 2016 | 4404000000.0000 | 429000000.0000 | 475000000.0000 | 402000000.0000 | 6460000000.0000 | 2107000000.0000 | 4353000000.0000 |
| 2017 | 4495000000.0000 | 277000000.0000 | 299000000.0000 | 277000000.0000 | 6790000000.0000 | 2280000000.0000 | 4510000000.0000 |
| 2018 | 4807000000.0000 | 275000000.0000 | 317000000.0000 | 294000000.0000 | 7579000000.0000 | 2872000000.0000 | 4707000000.0000 |
| 2019 | 6380000000.0000 | 628000000.0000 | 632000000.0000 | 576000000.0000 | 8845000000.0000 | 3647000000.0000 | 5198000000.0000 |
| 2020 | 7373000000.0000 | 1115000000.0000 | 1115000000.0000 | 994000000.0000 | 11075000000.0000 | 4364000000.0000 | 6711000000.0000 |
| 2021 | 8695000000.0000 | 1407000000.0000 | 1404000000.0000 | 1272000000.0000 | 13914000000.0000 | 5316000000.0000 | 8598000000.0000 |
| 2022 | 10537000000.0000 | 1342000000.0000 | 1331000000.0000 | 1288000000.0000 | 15715000000.0000 | 6279000000.0000 | 9436000000.0000 |
| 2023 | 12460000000.0000 | 1778000000.0000 | 1771000000.0000 | 1609000000.0000 | 18733000000.0000 | 8067000000.0000 | 10666000000.0000 |
| 2024 | 15458000000.0000 | 2432000000.0000 | 2431000000.0000 | 2085000000.0000 | 23474000000.0000 | 10818000000.0000 | 12655000000.0000 |
| 2025 | 21539000000.0000 | 3729000000.0000 | 3719000000.0000 | 3260000000.0000 | -- | -- | -- |
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) |
| 2001 | 27.40 | 28.12 | 25.14 | 40.0900 | 4.3000 | 2.75 | 0.89 |
| 2002 | 25.08 | 25.03 | 20.93 | 28.3200 | 3.3700 | 3.07 | 0.84 |
| 2003 | 30.98 | 34.68 | 29.64 | 36.4800 | 2.7200 | 3.72 | 0.85 |
| 2004 | 29.00 | 33.31 | 10.39 | 22.1400 | 1.6100 | 1.85 | 0.31 |
| 2005 | 18.71 | 21.22 | 14.39 | 20.9900 | 2.7900 | 2.90 | 0.68 |
| 2006 | 21.28 | 24.66 | 13.50 | 29.6400 | 2.5200 | 3.49 | 0.55 |
| 2007 | 19.78 | 28.46 | 11.87 | 22.5300 | 2.5500 | 3.80 | 0.42 |
| 2008 | 19.28 | 26.34 | 13.35 | 17.6800 | 2.7000 | 3.45 | 0.51 |
| 2009 | 20.17 | 59.61 | 29.16 | 38.0500 | 2.8600 | 3.37 | 0.49 |
| 2010 | 14.33 | 38.31 | 17.51 | 18.9900 | 2.6200 | 2.90 | 0.46 |
| 2011 | 6.85 | 9.80 | 5.09 | 5.6400 | 2.3100 | 2.81 | 0.52 |
| 2012 | 8.82 | 11.79 | 7.85 | 9.0200 | 2.5700 | 3.14 | 0.67 |
| 2013 | 10.96 | 13.85 | 9.37 | 11.4300 | 2.9400 | 2.62 | 0.68 |
| 2014 | 9.62 | 15.31 | 10.34 | 13.1500 | 3.3300 | 2.19 | 0.68 |
| 2015 | 8.43 | 12.13 | 7.83 | 10.2000 | 3.2200 | 2.10 | 0.65 |
| 2016 | 8.86 | 10.79 | 7.35 | 8.7000 | 3.2700 | 2.09 | 0.68 |
| 2017 | 4.43 | 6.65 | 4.40 | 5.8200 | 3.7400 | 1.95 | 0.66 |
| 2018 | 3.97 | 6.59 | 4.18 | 6.6100 | 3.5900 | 1.95 | 0.63 |
| 2019 | 8.51 | 9.91 | 7.15 | 11.6200 | 3.4700 | 2.49 | 0.72 |
| 2020 | 13.56 | 15.12 | 10.07 | 16.1500 | 3.0200 | 3.18 | 0.67 |
| 2021 | 14.80 | 16.15 | 10.09 | 16.1000 | 2.6800 | 3.64 | 0.62 |
| 2022 | 11.94 | 12.63 | 8.47 | 13.9200 | 3.0700 | 3.41 | 0.67 |
| 2023 | 12.30 | 14.21 | 9.45 | 15.9000 | 3.3000 | 3.17 | 0.67 |
| 2024 | 13.82 | 15.73 | 10.36 | 18.0500 | 3.3500 | 3.06 | 0.66 |
| 2025 | 15.63 | 17.27 | -- | -- | -- | -- | -- |
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 |
| 2001 | 36.29 | 63.94 | 2.3400 | 1.9700 |
| 2002 | 38.30 | 62.00 | 1.8100 | 1.4500 |
| 2003 | 29.85 | 70.25 | 2.3900 | 1.8400 |
| 2004 | 37.75 | 62.25 | 2.3400 | 1.9100 |
| 2005 | 41.59 | 58.41 | 1.8900 | 1.3900 |
| 2006 | 54.63 | 45.37 | 1.3100 | 0.7600 |
| 2007 | 34.56 | 65.47 | 1.8000 | 1.3700 |
| 2008 | 25.28 | 74.72 | 2.3800 | 1.6200 |
| 2009 | 22.25 | 77.73 | 3.3400 | 2.8200 |
| 2010 | 24.67 | 75.33 | 3.8100 | 2.8000 |
| 2011 | 25.55 | 74.45 | 3.2200 | 2.1700 |
| 2012 | 30.16 | 69.81 | 2.7600 | 1.9000 |
| 2013 | 31.35 | 68.65 | 2.6500 | 1.9100 |
| 2014 | 30.67 | 69.33 | 2.7200 | 1.8300 |
| 2015 | 33.59 | 66.41 | 2.5600 | 1.7400 |
| 2016 | 32.62 | 67.38 | 2.6600 | 1.9800 |
| 2017 | 33.58 | 66.42 | 2.5600 | 1.8500 |
| 2018 | 37.89 | 62.11 | 1.9700 | 1.5400 |
| 2019 | 41.23 | 58.77 | 1.9000 | 1.4300 |
| 2020 | 39.40 | 60.60 | 1.9200 | 1.4100 |
| 2021 | 38.21 | 61.79 | 1.9000 | 1.3100 |
| 2022 | 39.96 | 60.04 | 2.0100 | 1.5200 |
| 2023 | 43.06 | 56.94 | 1.8800 | 1.4600 |
| 2024 | 46.09 | 53.91 | 1.7800 | 1.3800 |
| 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) |
| 2001 | 66193300.0000 | 13934800.0000 | 10087400.0000 | 39700.0000 |
| 2002 | 76419300.0000 | 16625200.0000 | 16128700.0000 | 258400.0000 |
| 2003 | 93174400.0000 | 18601700.0000 | 18141000.0000 | 313300.0000 |
| 2004 | 142000000.0000 | 26912100.0000 | 25994200.0000 | -994200.0000 |
| 2005 | 452000000.0000 | 75312100.0000 | 73298200.0000 | 342100.0000 |
| 2006 | 629000000.0000 | 119000000.0000 | 86435400.0000 | 4369300.0000 |
| 2007 | 961000000.0000 | 137000000.0000 | 151000000.0000 | 17913400.0000 |
| 2008 | 1235000000.0000 | 155000000.0000 | 168000000.0000 | 16990900.0000 |
| 2009 | 1508000000.0000 | 214000000.0000 | 222000000.0000 | 4951700.0000 |
| 2010 | 1608000000.0000 | 245000000.0000 | 236000000.0000 | 689000.0000 |
| 2011 | 1835000000.0000 | 295000000.0000 | 277000000.0000 | 93000.0000 |
| 2012 | 2637000000.0000 | 457000000.0000 | 398000000.0000 | 506700.0000 |
| 2013 | 3015000000.0000 | 471000000.0000 | 465000000.0000 | 3105800.0000 |
| 2014 | 3318000000.0000 | 465000000.0000 | 465000000.0000 | 721600.0000 |
| 2015 | 3660000000.0000 | 513000000.0000 | 442000000.0000 | -6491500.0000 |
| 2016 | 4014000000.0000 | 560000000.0000 | 507000000.0000 | -19620900.0000 |
| 2017 | 4296000000.0000 | 580000000.0000 | 199000000.0000 | 35337000.0000 |
| 2018 | 4616000000.0000 | 573000000.0000 | 228000000.0000 | -28107200.0000 |
| 2019 | 5837000000.0000 | 671000000.0000 | 251000000.0000 | 7644000.0000 |
| 2020 | 6373000000.0000 | 410000000.0000 | 204000000.0000 | 41003100.0000 |
| 2021 | 7408000000.0000 | 415000000.0000 | 253000000.0000 | 20774600.0000 |
| 2022 | 9279000000.0000 | 465000000.0000 | 215000000.0000 | -7147200.0000 |
| 2023 | 10928000000.0000 | 582000000.0000 | 358000000.0000 | 17346800.0000 |
| 2024 | 13321000000.0000 | 768000000.0000 | 449000000.0000 | 24002700.0000 |
| 2025 | 18172000000.0000 | 1028000000.0000 | 581000000.0000 | 17689400.0000 |