中商官网
研究报告
保利联合（002037）
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 | 152000000.0000 | 27263100.0000 | 26212700.0000 | 16681400.0000 | 167000000.0000 | 101000000.0000 | 65412700.0000 |
| 2002 | 198000000.0000 | 28237800.0000 | 27965100.0000 | 23671200.0000 | 234000000.0000 | 127000000.0000 | 107000000.0000 |
| 2003 | 344000000.0000 | 42392600.0000 | 42371600.0000 | 33892500.0000 | 332000000.0000 | 167000000.0000 | 165000000.0000 |
| 2004 | 398000000.0000 | 47597100.0000 | 48325400.0000 | 37392500.0000 | 605000000.0000 | 147000000.0000 | 458000000.0000 |
| 2005 | 478000000.0000 | 65259500.0000 | 64503000.0000 | 43841000.0000 | 669000000.0000 | 206000000.0000 | 463000000.0000 |
| 2006 | 613000000.0000 | 78849700.0000 | 78103400.0000 | 58289300.0000 | 737000000.0000 | 247000000.0000 | 490000000.0000 |
| 2007 | 655000000.0000 | 75702800.0000 | 79021700.0000 | 59588900.0000 | 792000000.0000 | 274000000.0000 | 518000000.0000 |
| 2008 | 860000000.0000 | 76446400.0000 | 81566900.0000 | 60816600.0000 | 937000000.0000 | 361000000.0000 | 575000000.0000 |
| 2009 | 1166000000.0000 | 155000000.0000 | 150000000.0000 | 115000000.0000 | 1296000000.0000 | 623000000.0000 | 673000000.0000 |
| 2010 | 1560000000.0000 | 205000000.0000 | 208000000.0000 | 159000000.0000 | 1851000000.0000 | 1060000000.0000 | 791000000.0000 |
| 2011 | 2423000000.0000 | 335000000.0000 | 328000000.0000 | 249000000.0000 | 2814000000.0000 | 1833000000.0000 | 981000000.0000 |
| 2012 | 3099000000.0000 | 319000000.0000 | 328000000.0000 | 254000000.0000 | 4627000000.0000 | 2815000000.0000 | 1812000000.0000 |
| 2013 | 3407000000.0000 | 330000000.0000 | 332000000.0000 | 257000000.0000 | 6090000000.0000 | 4045000000.0000 | 2045000000.0000 |
| 2014 | 3907000000.0000 | 334000000.0000 | 346000000.0000 | 267000000.0000 | 7778000000.0000 | 5511000000.0000 | 2267000000.0000 |
| 2015 | 3165000000.0000 | 110000000.0000 | 137000000.0000 | 89547600.0000 | 8313000000.0000 | 5996000000.0000 | 2317000000.0000 |
| 2016 | 3385000000.0000 | 112000000.0000 | 123000000.0000 | 79233200.0000 | 7309000000.0000 | 4948000000.0000 | 2361000000.0000 |
| 2017 | 5355000000.0000 | 273000000.0000 | 280000000.0000 | 202000000.0000 | 9712000000.0000 | 6245000000.0000 | 3467000000.0000 |
| 2018 | 6035000000.0000 | 305000000.0000 | 311000000.0000 | 241000000.0000 | 11047000000.0000 | 7426000000.0000 | 3621000000.0000 |
| 2019 | 5024000000.0000 | 205000000.0000 | 207000000.0000 | 147000000.0000 | 12742000000.0000 | 8628000000.0000 | 4115000000.0000 |
| 2020 | 5980000000.0000 | 156000000.0000 | 160000000.0000 | 88389500.0000 | 15100000000.0000 | 10798000000.0000 | 4302000000.0000 |
| 2021 | 6028000000.0000 | -25929800.0000 | -17610800.0000 | -35146200.0000 | 15930000000.0000 | 11264000000.0000 | 4666000000.0000 |
| 2022 | 6364000000.0000 | -941000000.0000 | -934000000.0000 | -907000000.0000 | 16281000000.0000 | 12510000000.0000 | 3771000000.0000 |
| 2023 | 6777000000.0000 | -869000000.0000 | -885000000.0000 | -851000000.0000 | 16533000000.0000 | 13604000000.0000 | 2929000000.0000 |
| 2024 | 6506000000.0000 | 42958800.0000 | 59484600.0000 | -17423500.0000 | 17051000000.0000 | 14199000000.0000 | 2852000000.0000 |
| 2025 | 6691000000.0000 | -683000000.0000 | -687000000.0000 | -1014000000.0000 | -- | -- | -- |
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 | 18.42 | 17.25 | 15.70 | -- | 3.0900 | 3.13 | 0.91 |
| 2002 | 13.64 | 14.12 | 11.95 | -- | 4.9600 | 3.03 | 0.85 |
| 2003 | 11.92 | 12.32 | 12.76 | -- | 12.7000 | 4.28 | 1.04 |
| 2004 | 11.56 | 12.14 | 7.99 | 14.4800 | 14.3200 | 5.69 | 0.66 |
| 2005 | 13.18 | 13.49 | 9.64 | 8.5500 | 11.2200 | 8.00 | 0.71 |
| 2006 | 12.72 | 12.74 | 10.60 | 9.4300 | 11.4300 | 9.75 | 0.83 |
| 2007 | 11.30 | 12.06 | 9.98 | 8.8400 | 9.9300 | 8.50 | 0.83 |
| 2008 | 8.60 | 9.48 | 8.71 | 8.3500 | 9.4900 | 8.62 | 0.92 |
| 2009 | 13.21 | 12.86 | 11.57 | 14.8300 | 10.3200 | 10.58 | 0.90 |
| 2010 | 12.95 | 13.33 | 11.24 | 18.8400 | 11.0100 | 8.34 | 0.84 |
| 2011 | 13.70 | 13.54 | 11.66 | 27.6400 | 14.7900 | 5.09 | 0.86 |
| 2012 | 10.13 | 10.58 | 7.09 | 16.6900 | 17.2900 | 3.21 | 0.67 |
| 2013 | 9.66 | 9.74 | 5.45 | 12.1300 | 15.2300 | 2.39 | 0.56 |
| 2014 | 8.40 | 8.86 | 4.45 | 11.8800 | 14.8500 | 2.12 | 0.50 |
| 2015 | 3.48 | 4.33 | 1.65 | 4.1500 | 9.7300 | 1.50 | 0.38 |
| 2016 | 3.55 | 3.63 | 1.68 | 3.0900 | 9.6800 | 1.56 | 0.46 |
| 2017 | 4.61 | 5.23 | 2.88 | 3.7500 | 14.4600 | 1.52 | 0.55 |
| 2018 | 4.51 | 5.15 | 2.82 | 5.9600 | 14.2300 | 1.35 | 0.55 |
| 2019 | 3.80 | 4.12 | 1.62 | 4.4000 | 9.0900 | 0.94 | 0.39 |
| 2020 | 2.19 | 2.68 | 1.06 | 1.1800 | 13.2300 | 1.02 | 0.40 |
| 2021 | -0.78 | -0.29 | -0.11 | -1.7600 | 14.1800 | 1.00 | 0.38 |
| 2022 | -15.08 | -14.68 | -5.74 | -26.3700 | 13.8300 | 1.12 | 0.39 |
| 2023 | -13.37 | -13.06 | -5.35 | -29.4300 | 13.6300 | 1.26 | 0.41 |
| 2024 | -0.14 | 0.91 | 0.35 | 1.9900 | 13.0800 | 1.18 | 0.38 |
| 2025 | -11.49 | -10.27 | -- | -- | -- | -- | -- |
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 | 60.48 | 39.17 | 1.0900 | 0.7200 |
| 2002 | 54.27 | 45.73 | 1.2200 | 0.9000 |
| 2003 | 50.30 | 49.70 | 1.2000 | 1.0100 |
| 2004 | 24.30 | 75.70 | 2.9700 | 2.6600 |
| 2005 | 30.79 | 69.21 | 2.1400 | 1.8200 |
| 2006 | 33.51 | 66.49 | 1.7500 | 1.4100 |
| 2007 | 34.60 | 65.40 | 1.3500 | 1.0800 |
| 2008 | 38.53 | 61.37 | 1.3100 | 1.0100 |
| 2009 | 48.07 | 51.93 | 1.2000 | 1.0300 |
| 2010 | 57.27 | 42.73 | 1.0600 | 0.9200 |
| 2011 | 65.14 | 34.86 | 1.1300 | 0.9800 |
| 2012 | 60.84 | 39.16 | 1.0300 | 0.9400 |
| 2013 | 66.42 | 33.58 | 1.3700 | 1.2600 |
| 2014 | 70.85 | 29.15 | 0.9200 | 0.8500 |
| 2015 | 72.13 | 27.87 | 0.8500 | 0.7800 |
| 2016 | 67.70 | 32.30 | 1.0200 | 0.9400 |
| 2017 | 64.30 | 35.70 | 1.3500 | 1.2700 |
| 2018 | 67.22 | 32.78 | 1.3700 | 1.2700 |
| 2019 | 67.71 | 32.29 | 1.3300 | 1.2500 |
| 2020 | 71.51 | 28.49 | 1.2900 | 1.2100 |
| 2021 | 70.71 | 29.29 | 1.2100 | 1.1200 |
| 2022 | 76.84 | 23.16 | 1.0300 | 0.9400 |
| 2023 | 82.28 | 17.72 | 0.9200 | 0.8500 |
| 2024 | 83.27 | 16.73 | 0.8600 | 0.7900 |
| 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 | 124000000.0000 | 8662100.0000 | 18356800.0000 | 1993500.0000 |
| 2002 | 171000000.0000 | 11108200.0000 | 28843500.0000 | 2516400.0000 |
| 2003 | 303000000.0000 | 16183500.0000 | 50762100.0000 | 6226100.0000 |
| 2004 | 352000000.0000 | 11940400.0000 | 53848000.0000 | 2133900.0000 |
| 2005 | 415000000.0000 | 15760000.0000 | 82889800.0000 | 2500800.0000 |
| 2006 | 535000000.0000 | 18732500.0000 | 95512400.0000 | 3176700.0000 |
| 2007 | 581000000.0000 | 27806000.0000 | 85345200.0000 | 6524200.0000 |
| 2008 | 786000000.0000 | 38632500.0000 | 129000000.0000 | 9069100.0000 |
| 2009 | 1012000000.0000 | 51822300.0000 | 158000000.0000 | 9890300.0000 |
| 2010 | 1358000000.0000 | 60241300.0000 | 172000000.0000 | 14343800.0000 |
| 2011 | 2091000000.0000 | 70237800.0000 | 207000000.0000 | 33411200.0000 |
| 2012 | 2785000000.0000 | 71226400.0000 | 250000000.0000 | 41408600.0000 |
| 2013 | 3078000000.0000 | 143000000.0000 | 315000000.0000 | 145000000.0000 |
| 2014 | 3579000000.0000 | 152000000.0000 | 341000000.0000 | 208000000.0000 |
| 2015 | 3055000000.0000 | 122000000.0000 | 375000000.0000 | 230000000.0000 |
| 2016 | 3265000000.0000 | 130000000.0000 | 404000000.0000 | 185000000.0000 |
| 2017 | 5108000000.0000 | 227000000.0000 | 474000000.0000 | 183000000.0000 |
| 2018 | 5763000000.0000 | 258000000.0000 | 462000000.0000 | 190000000.0000 |
| 2019 | 4833000000.0000 | 269000000.0000 | 479000000.0000 | 216000000.0000 |
| 2020 | 5849000000.0000 | 300000000.0000 | 481000000.0000 | 205000000.0000 |
| 2021 | 6075000000.0000 | 154000000.0000 | 554000000.0000 | 330000000.0000 |
| 2022 | 7324000000.0000 | 153000000.0000 | 682000000.0000 | 328000000.0000 |
| 2023 | 7683000000.0000 | 148000000.0000 | 676000000.0000 | 338000000.0000 |
| 2024 | 6515000000.0000 | 129000000.0000 | 730000000.0000 | 345000000.0000 |
| 2025 | 7460000000.0000 | 125000000.0000 | 670000000.0000 | 323000000.0000 |