中商官网
研究报告
联发股份（002394）
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) |
| 2006 | 673000000.0000 | 85211000.0000 | 93301300.0000 | 84389400.0000 | 511000000.0000 | 330000000.0000 | 181000000.0000 |
| 2007 | 1222000000.0000 | 129000000.0000 | 133000000.0000 | 119000000.0000 | 819000000.0000 | 522000000.0000 | 297000000.0000 |
| 2008 | 1422000000.0000 | 120000000.0000 | 125000000.0000 | 98057900.0000 | 1006000000.0000 | 622000000.0000 | 384000000.0000 |
| 2009 | 1529000000.0000 | 219000000.0000 | 229000000.0000 | 180000000.0000 | 1292000000.0000 | 727000000.0000 | 564000000.0000 |
| 2010 | 2229000000.0000 | 283000000.0000 | 295000000.0000 | 224000000.0000 | 2528000000.0000 | 618000000.0000 | 1910000000.0000 |
| 2011 | 2751000000.0000 | 395000000.0000 | 409000000.0000 | 307000000.0000 | 2653000000.0000 | 508000000.0000 | 2145000000.0000 |
| 2012 | 2731000000.0000 | 301000000.0000 | 322000000.0000 | 240000000.0000 | 3808000000.0000 | 1449000000.0000 | 2359000000.0000 |
| 2013 | 3205000000.0000 | 372000000.0000 | 404000000.0000 | 291000000.0000 | 4015000000.0000 | 1463000000.0000 | 2552000000.0000 |
| 2014 | 3392000000.0000 | 405000000.0000 | 436000000.0000 | 315000000.0000 | 4290000000.0000 | 1572000000.0000 | 2718000000.0000 |
| 2015 | 3477000000.0000 | 387000000.0000 | 413000000.0000 | 294000000.0000 | 4472000000.0000 | 1777000000.0000 | 2695000000.0000 |
| 2016 | 3739000000.0000 | 484000000.0000 | 517000000.0000 | 384000000.0000 | 4725000000.0000 | 1843000000.0000 | 2882000000.0000 |
| 2017 | 4004000000.0000 | 456000000.0000 | 469000000.0000 | 356000000.0000 | 4187000000.0000 | 1114000000.0000 | 3073000000.0000 |
| 2018 | 4169000000.0000 | 508000000.0000 | 506000000.0000 | 391000000.0000 | 4249000000.0000 | 1027000000.0000 | 3222000000.0000 |
| 2019 | 3911000000.0000 | 510000000.0000 | 511000000.0000 | 391000000.0000 | 4512000000.0000 | 1081000000.0000 | 3431000000.0000 |
| 2020 | 3873000000.0000 | 611000000.0000 | 614000000.0000 | 466000000.0000 | 4809000000.0000 | 1085000000.0000 | 3724000000.0000 |
| 2021 | 3897000000.0000 | 198000000.0000 | 200000000.0000 | 176000000.0000 | 5294000000.0000 | 1517000000.0000 | 3777000000.0000 |
| 2022 | 4207000000.0000 | 161000000.0000 | 191000000.0000 | 150000000.0000 | 5885000000.0000 | 1876000000.0000 | 4009000000.0000 |
| 2023 | 4261000000.0000 | 198000000.0000 | 209000000.0000 | 148000000.0000 | 6224000000.0000 | 2285000000.0000 | 3939000000.0000 |
| 2024 | 4179000000.0000 | 230000000.0000 | 234000000.0000 | 205000000.0000 | 5977000000.0000 | 1815000000.0000 | 4162000000.0000 |
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) |
| 2006 | 12.63 | 13.86 | 18.26 | -- | 8.5400 | 6.98 | 1.32 |
| 2007 | 10.56 | 10.88 | 16.24 | 48.9300 | 10.9100 | 10.51 | 1.49 |
| 2008 | 8.37 | 8.79 | 12.43 | 29.1200 | 10.9900 | 10.89 | 1.41 |
| 2009 | 14.32 | 14.98 | 17.72 | 33.9700 | 8.9900 | 10.32 | 1.18 |
| 2010 | 12.43 | 13.23 | 11.67 | 11.0400 | 6.1100 | 12.38 | 0.88 |
| 2011 | 14.39 | 14.87 | 15.42 | 15.0000 | 5.0300 | 13.22 | 1.04 |
| 2012 | 10.91 | 11.79 | 8.46 | 10.5800 | 4.5700 | 10.91 | 0.72 |
| 2013 | 9.92 | 12.61 | 10.06 | 11.9400 | 4.3800 | 10.57 | 0.80 |
| 2014 | 9.85 | 12.85 | 10.16 | 11.9700 | 4.5300 | 9.61 | 0.79 |
| 2015 | 9.17 | 11.88 | 9.24 | 11.0000 | 5.2500 | 9.71 | 0.78 |
| 2016 | 10.91 | 13.83 | 10.94 | 14.1900 | 4.9100 | 10.10 | 0.79 |
| 2017 | 8.37 | 11.71 | 11.20 | 12.1700 | 4.7100 | 9.43 | 0.96 |
| 2018 | 11.18 | 12.14 | 11.91 | 12.4700 | 4.7100 | 9.81 | 0.98 |
| 2019 | 10.66 | 13.07 | 11.33 | 11.8200 | 4.1200 | 9.90 | 0.87 |
| 2020 | 8.31 | 15.85 | 12.77 | 13.1500 | 4.1000 | 11.07 | 0.81 |
| 2021 | 4.95 | 5.13 | 3.78 | 4.8800 | 3.8300 | 10.40 | 0.74 |
| 2022 | 4.42 | 4.54 | 3.25 | 4.1200 | 4.2000 | 8.81 | 0.71 |
| 2023 | 5.73 | 4.90 | 3.36 | 3.6900 | 3.5200 | 8.40 | 0.68 |
| 2024 | 5.46 | 5.60 | 3.92 | 5.0400 | 2.8100 | 7.91 | 0.70 |
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 |
| 2006 | 64.58 | 35.42 | 0.5600 | 0.3600 |
| 2007 | 63.74 | 36.26 | 0.6300 | 0.3800 |
| 2008 | 61.83 | 38.17 | 0.7100 | 0.4700 |
| 2009 | 56.27 | 43.65 | 0.9000 | 0.5700 |
| 2010 | 24.45 | 75.55 | 2.5800 | 1.8600 |
| 2011 | 19.15 | 80.85 | 2.8100 | 1.7800 |
| 2012 | 38.05 | 61.95 | 4.0800 | 3.1100 |
| 2013 | 36.44 | 63.56 | 3.7200 | 2.4800 |
| 2014 | 36.64 | 63.36 | 3.8100 | 1.0900 |
| 2015 | 39.74 | 60.26 | 3.0000 | 0.8600 |
| 2016 | 39.01 | 60.99 | 1.3800 | 0.4500 |
| 2017 | 26.61 | 73.39 | 2.1000 | 0.8200 |
| 2018 | 24.17 | 75.83 | 2.7600 | 0.8700 |
| 2019 | 23.96 | 76.04 | 3.9800 | 2.5900 |
| 2020 | 22.56 | 77.44 | 3.2400 | 2.1900 |
| 2021 | 28.66 | 71.34 | 3.8900 | 2.5400 |
| 2022 | 31.88 | 68.12 | 2.3700 | 1.6000 |
| 2023 | 36.71 | 63.29 | 2.0800 | 1.1800 |
| 2024 | 30.37 | 69.63 | 2.4200 | 1.4700 |
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) |
| 2006 | 588000000.0000 | 12127900.0000 | 15608400.0000 | 11126000.0000 |
| 2007 | 1093000000.0000 | 37387500.0000 | 29633800.0000 | 26326400.0000 |
| 2008 | 1303000000.0000 | 48831300.0000 | 49853900.0000 | 36238900.0000 |
| 2009 | 1310000000.0000 | 55421600.0000 | 44696200.0000 | 24034300.0000 |
| 2010 | 1952000000.0000 | 74343900.0000 | 73821800.0000 | 29963300.0000 |
| 2011 | 2355000000.0000 | 96389100.0000 | 81349100.0000 | 16230200.0000 |
| 2012 | 2433000000.0000 | 126000000.0000 | 97713900.0000 | 25184700.0000 |
| 2013 | 2887000000.0000 | 158000000.0000 | 113000000.0000 | 66065800.0000 |
| 2014 | 3058000000.0000 | 165000000.0000 | 121000000.0000 | 60176900.0000 |
| 2015 | 3158000000.0000 | 160000000.0000 | 125000000.0000 | 65524800.0000 |
| 2016 | 3331000000.0000 | 161000000.0000 | 172000000.0000 | 46524600.0000 |
| 2017 | 3669000000.0000 | 154000000.0000 | 135000000.0000 | 92414400.0000 |
| 2018 | 3703000000.0000 | 156000000.0000 | 144000000.0000 | 21841600.0000 |
| 2019 | 3494000000.0000 | 141000000.0000 | 169000000.0000 | 25357200.0000 |
| 2020 | 3551000000.0000 | 89842200.0000 | 158000000.0000 | 37692400.0000 |
| 2021 | 3704000000.0000 | 99906800.0000 | 164000000.0000 | 31795200.0000 |
| 2022 | 4021000000.0000 | 101000000.0000 | 196000000.0000 | 30064900.0000 |
| 2023 | 4017000000.0000 | 143000000.0000 | 216000000.0000 | 33867500.0000 |
| 2024 | 3951000000.0000 | 150000000.0000 | 218000000.0000 | 33342200.0000 |