中商官网
研究报告
双鹭药业（002038）
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 | 31703700.0000 | 20622900.0000 | 20622900.0000 | 18904400.0000 | 77130200.0000 | 10838500.0000 | 66291700.0000 |
| 2002 | 49665000.0000 | 21847300.0000 | 21847300.0000 | 19294200.0000 | 103000000.0000 | 17228500.0000 | 85606700.0000 |
| 2003 | 71050800.0000 | 33210300.0000 | 33023900.0000 | 31198000.0000 | 152000000.0000 | 36782700.0000 | 115000000.0000 |
| 2004 | 93051500.0000 | 35311600.0000 | 35281600.0000 | 31992900.0000 | 390000000.0000 | 28379800.0000 | 361000000.0000 |
| 2005 | 119000000.0000 | 38414200.0000 | 38414200.0000 | 33843300.0000 | 406000000.0000 | 23421300.0000 | 382000000.0000 |
| 2006 | 146000000.0000 | 54597100.0000 | 55352500.0000 | 47871300.0000 | 463000000.0000 | 35411100.0000 | 427000000.0000 |
| 2007 | 238000000.0000 | 139000000.0000 | 149000000.0000 | 135000000.0000 | 587000000.0000 | 34709100.0000 | 552000000.0000 |
| 2008 | 358000000.0000 | 229000000.0000 | 236000000.0000 | 218000000.0000 | 789000000.0000 | 25905200.0000 | 763000000.0000 |
| 2009 | 390000000.0000 | 263000000.0000 | 273000000.0000 | 244000000.0000 | 1020000000.0000 | 36750000.0000 | 983000000.0000 |
| 2010 | 458000000.0000 | 282000000.0000 | 320000000.0000 | 276000000.0000 | 1249000000.0000 | 37222000.0000 | 1211000000.0000 |
| 2011 | 623000000.0000 | 593000000.0000 | 604000000.0000 | 524000000.0000 | 1736000000.0000 | 50516900.0000 | 1686000000.0000 |
| 2012 | 1007000000.0000 | 555000000.0000 | 560000000.0000 | 480000000.0000 | 2217000000.0000 | 105000000.0000 | 2112000000.0000 |
| 2013 | 1162000000.0000 | 655000000.0000 | 674000000.0000 | 572000000.0000 | 2712000000.0000 | 123000000.0000 | 2589000000.0000 |
| 2014 | 1243000000.0000 | 780000000.0000 | 812000000.0000 | 701000000.0000 | 3319000000.0000 | 138000000.0000 | 3181000000.0000 |
| 2015 | 1157000000.0000 | 657000000.0000 | 669000000.0000 | 577000000.0000 | 3762000000.0000 | 148000000.0000 | 3613000000.0000 |
| 2016 | 1010000000.0000 | 507000000.0000 | 527000000.0000 | 447000000.0000 | 4081000000.0000 | 151000000.0000 | 3930000000.0000 |
| 2017 | 1242000000.0000 | 622000000.0000 | 623000000.0000 | 529000000.0000 | 4585000000.0000 | 286000000.0000 | 4299000000.0000 |
| 2018 | 2167000000.0000 | 682000000.0000 | 672000000.0000 | 563000000.0000 | 4988000000.0000 | 470000000.0000 | 4519000000.0000 |
| 2019 | 2030000000.0000 | 561000000.0000 | 561000000.0000 | 479000000.0000 | 5225000000.0000 | 404000000.0000 | 4821000000.0000 |
| 2020 | 1113000000.0000 | 413000000.0000 | 413000000.0000 | 361000000.0000 | 5395000000.0000 | 410000000.0000 | 4985000000.0000 |
| 2021 | 1215000000.0000 | 458000000.0000 | 458000000.0000 | 421000000.0000 | 5760000000.0000 | 434000000.0000 | 5326000000.0000 |
| 2022 | 1050000000.0000 | 263000000.0000 | 259000000.0000 | 228000000.0000 | 5876000000.0000 | 397000000.0000 | 5479000000.0000 |
| 2023 | 1018000000.0000 | 478000000.0000 | 465000000.0000 | 415000000.0000 | 6278000000.0000 | 468000000.0000 | 5810000000.0000 |
| 2024 | 660000000.0000 | -120000000.0000 | -134000000.0000 | -75286800.0000 | 5979000000.0000 | 398000000.0000 | 5581000000.0000 |
| 2025 | 624000000.0000 | -279000000.0000 | -278000000.0000 | -348000000.0000 | 6072000000.0000 | 883000000.0000 | -- |
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 | 63.54 | 65.05 | 26.74 | 30.9300 | 4.3900 | 2.52 | 0.41 |
| 2002 | 43.51 | 43.99 | 21.21 | 25.6300 | 4.6200 | 3.40 | 0.48 |
| 2003 | 45.35 | 46.48 | 21.73 | 30.8300 | 3.1600 | 3.95 | 0.47 |
| 2004 | 36.87 | 37.92 | 9.05 | 15.8700 | 3.8600 | 4.29 | 0.24 |
| 2005 | 31.54 | 32.28 | 9.46 | 9.1600 | 5.8000 | 4.92 | 0.29 |
| 2006 | 34.93 | 37.91 | 11.96 | 12.5300 | 6.8500 | 5.42 | 0.32 |
| 2007 | 40.76 | 62.61 | 25.38 | 27.7900 | 11.9500 | 6.67 | 0.41 |
| 2008 | 66.48 | 65.92 | 29.91 | 33.3300 | 6.6500 | 6.51 | 0.45 |
| 2009 | 61.79 | 70.00 | 26.76 | 28.3700 | 4.0600 | 4.24 | 0.38 |
| 2010 | 57.86 | 69.87 | 25.62 | 25.4200 | 3.9600 | 3.60 | 0.37 |
| 2011 | 59.87 | 96.95 | 34.79 | 37.4600 | 3.2600 | 3.57 | 0.36 |
| 2012 | 52.53 | 55.61 | 25.26 | 26.1600 | 5.4300 | 4.15 | 0.45 |
| 2013 | 53.01 | 58.00 | 24.85 | 25.1600 | 4.5100 | 3.22 | 0.43 |
| 2014 | 58.97 | 65.33 | 24.47 | 24.3800 | 3.3400 | 2.36 | 0.37 |
| 2015 | 51.43 | 57.82 | 17.78 | 17.0400 | 3.2500 | 1.79 | 0.31 |
| 2016 | 46.53 | 52.18 | 12.91 | 12.0600 | 2.1400 | 1.52 | 0.25 |
| 2017 | 31.48 | 50.16 | 13.59 | 13.0300 | 1.5400 | 2.01 | 0.27 |
| 2018 | 30.46 | 31.01 | 13.47 | 12.9500 | 1.7000 | 3.43 | 0.43 |
| 2019 | 23.89 | 27.64 | 10.74 | 10.4300 | 2.3200 | 3.18 | 0.39 |
| 2020 | 14.38 | 37.11 | 7.66 | 7.4800 | 1.4800 | 2.12 | 0.21 |
| 2021 | 18.85 | 37.70 | 7.95 | 8.2700 | 1.5500 | 3.07 | 0.21 |
| 2022 | 14.95 | 24.67 | 4.41 | 4.3600 | 1.2000 | 3.51 | 0.18 |
| 2023 | 22.20 | 45.68 | 7.41 | 7.4100 | 1.3400 | 4.50 | 0.16 |
| 2024 | 4.09 | -20.30 | -2.24 | -1.3000 | 1.0800 | 4.35 | 0.11 |
| 2025 | -104.65 | -44.55 | -4.58 | -- | -- | -- | 0.10 |
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 | 14.05 | 85.95 | 5.4700 | 2.2800 |
| 2002 | 16.73 | 83.11 | 3.8800 | 2.4400 |
| 2003 | 24.20 | 75.66 | 2.6700 | 2.0200 |
| 2004 | 7.28 | 92.56 | 12.7100 | 11.7800 |
| 2005 | 5.77 | 94.09 | 16.9800 | 12.7400 |
| 2006 | 7.65 | 92.22 | 9.7900 | 6.6800 |
| 2007 | 5.91 | 94.04 | 13.8500 | 10.3900 |
| 2008 | 3.28 | 96.70 | 24.5700 | 19.4600 |
| 2009 | 3.60 | 96.37 | 23.5600 | 17.4800 |
| 2010 | 2.98 | 96.96 | 20.5600 | 16.1600 |
| 2011 | 2.91 | 97.12 | 26.3000 | 18.9900 |
| 2012 | 4.74 | 95.26 | 16.2200 | 11.8100 |
| 2013 | 4.54 | 95.46 | 16.6700 | 12.7900 |
| 2014 | 4.16 | 95.84 | 19.7300 | 14.5600 |
| 2015 | 3.93 | 96.04 | 23.2800 | 20.2900 |
| 2016 | 3.70 | 96.30 | 24.0900 | 17.0200 |
| 2017 | 6.24 | 93.76 | 12.2300 | 9.0400 |
| 2018 | 9.42 | 90.60 | 6.3600 | 4.3600 |
| 2019 | 7.73 | 92.27 | 8.6100 | 6.1500 |
| 2020 | 7.60 | 92.40 | 7.0100 | 4.1500 |
| 2021 | 7.53 | 92.47 | 7.0700 | 4.2100 |
| 2022 | 6.76 | 93.24 | 6.9200 | 3.5500 |
| 2023 | 7.45 | 92.55 | 7.0700 | 4.0900 |
| 2024 | 6.66 | 93.34 | 8.6000 | 3.5000 |
| 2025 | 14.54 | 0.00 | -- | -- |
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 | 11560100.0000 | 1621500.0000 | 4913700.0000 | 61500.0000 |
| 2002 | 28057400.0000 | 5294400.0000 | 10935300.0000 | -37600.0000 |
| 2003 | 38829600.0000 | 6244400.0000 | 11585500.0000 | 5400.0000 |
| 2004 | 58743000.0000 | 9671200.0000 | 17025300.0000 | 65000.0000 |
| 2005 | 81464100.0000 | 10033700.0000 | 29182800.0000 | -3165500.0000 |
| 2006 | 95002600.0000 | 9501600.0000 | 31846600.0000 | -2926300.0000 |
| 2007 | 141000000.0000 | 10753100.0000 | 48719000.0000 | -1451800.0000 |
| 2008 | 120000000.0000 | 11255200.0000 | 59917400.0000 | -4797800.0000 |
| 2009 | 149000000.0000 | 14397900.0000 | 63871100.0000 | -6776600.0000 |
| 2010 | 193000000.0000 | 18979600.0000 | 68887200.0000 | -7216200.0000 |
| 2011 | 250000000.0000 | 18028500.0000 | 78645900.0000 | 328400.0000 |
| 2012 | 478000000.0000 | 34766900.0000 | 112000000.0000 | -1171100.0000 |
| 2013 | 546000000.0000 | 31130600.0000 | 130000000.0000 | 79400.0000 |
| 2014 | 510000000.0000 | 30388700.0000 | 100000000.0000 | -4863100.0000 |
| 2015 | 562000000.0000 | 33665100.0000 | 138000000.0000 | 957600.0000 |
| 2016 | 540000000.0000 | 83843000.0000 | 98778400.0000 | -17963500.0000 |
| 2017 | 851000000.0000 | 369000000.0000 | 39035800.0000 | -18297100.0000 |
| 2018 | 1507000000.0000 | 911000000.0000 | 55677700.0000 | -20828800.0000 |
| 2019 | 1545000000.0000 | 890000000.0000 | 97536700.0000 | 80200.0000 |
| 2020 | 953000000.0000 | 496000000.0000 | 96545700.0000 | 354100.0000 |
| 2021 | 986000000.0000 | 482000000.0000 | 104000000.0000 | 231900.0000 |
| 2022 | 893000000.0000 | 427000000.0000 | 120000000.0000 | 69600.0000 |
| 2023 | 792000000.0000 | 272000000.0000 | 134000000.0000 | -14843200.0000 |
| 2024 | 633000000.0000 | 117000000.0000 | 143000000.0000 | -7443100.0000 |
| 2025 | 1277000000.0000 | 111000000.0000 | 163000000.0000 | -4832000.0000 |